' You can't just close your eyes and buy everything anymore.

WSJ: Dow Ends Lower in Late Selloff

Almost everything we buy that isn't perishable of small and high value comes in on ships.

BBC: Felixstowe opens new berths for giant container ships

That had painful consequences for UK living standards, because a fall in the currency doesn't just make UK goods cheaper abroad, it also makes everything we buy from overseas a lot more expensive.

BBC: A pounding for sterling in 2013?