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With the pound low and reports of discord in Britain, many New Yorkers believe we are undergoing a historic reality check

There is an advert for Virgin Atlantic running on US TV at the moment that depresses me every time I see it. “The British pound is at a 31-year low,” says the cheerful voiceover, “which means you’ll be saving on literally everything when you travel to London.” Viewers are directed to an online “Brexit calculator” to do the maths on all the things that are cheaper for visitors, when travelling to a country that just shot itself in the face.

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