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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (126702)	12/21/2016 1:51:40 AM
From: Elroy Jetson	Read Replies (1) \| Respond to of 217540

The world still turns after all this time. The 1927 Consols paying 4% would have provided a wonderment of cheer during the Great Depression. But if you'd held onto them until 1985 the decline in the value of the Pound from $4.87 to $1.30 would have exactly wiped-out the interest. Better to have sold them in 1945 when the Pound was still $4.03 - before Mrs. Slocombe had to resort to keeping cream cool on her window sill and Captain Peacock had to take a bus to work due to the declining standard of living for Grace Co employees. The money might have proved useful to head elsewhere as food rationing in England continued until 1954.