Pound could collapse "within weeks" warns ex-Soros partner

Billionaire Jim Rogers says the currency collapse will foreshadow a global economic winter which could hit before the end of the year, and make the last two years seem like "a mild spring day". He says: "In real terms, the pound is already devalued against virtually every currency barring the Zimbabwean dollar and it is especially exposed over the weeks running up to the UK election. "In a basket of currencies, the pound is potentially a basket case. And that will put Britain in an extremely bad position for the shakedown." Rogers' forecast comes as Swiss bank UBS warns of a possib...