fastisnice Posted December 5, 2008 Share Posted December 5, 2008 OMG the pound is getting weaker against the Euro by the day!!! Now 1£ is 1.13!!!! This means a lot more expensive holidays, fewer things to buy! WE GOING DOWN [ANGRY][/ANGRY] Link to comment Share on other sites More sharing options...
tooquicktostop Posted December 5, 2008 Share Posted December 5, 2008 We have not hit the bottom of this yet, could see £1 for 1 Euro early next year Link to comment Share on other sites More sharing options...
ClaireRZ-S Posted December 5, 2008 Share Posted December 5, 2008 yessssssss Link to comment Share on other sites More sharing options...
AndrewOW Posted December 5, 2008 Share Posted December 5, 2008 I think that the UK will suddenly become the tourist destination of Europe next year. They'll be buying everything, including our houses, women and I hate to say it, our cars! Link to comment Share on other sites More sharing options...
adnanshah247 Posted December 5, 2008 Share Posted December 5, 2008 WE GOING DOWN [ANGRY][/ANGRY] LOL! there trying to make the pound = euro! we still aint going to accept the euro though! Link to comment Share on other sites More sharing options...
AndrewOW Posted December 5, 2008 Share Posted December 5, 2008 LOL! there trying to make the pound = euro! we still aint going to accept the euro though! Maybe you're right. It would make the transition easier for them. Link to comment Share on other sites More sharing options...
adnanshah247 Posted December 5, 2008 Share Posted December 5, 2008 its all part of a deal the european union have with GB. all of us know how much the european union has been on our case to become part of them! for ages now! so as they know about our great financial case there getting involved very nicely, releaving us of our money pains and in return we happily accept all eu laws etc. tax, life as you know it. Link to comment Share on other sites More sharing options...
AndrewOW Posted December 5, 2008 Share Posted December 5, 2008 its all part of a deal the european union have with GB. all of us know how much the european union has been on our case to become part of them! for ages now! so as they know about our great financial case there getting involved very nicely, releaving us of our money pains and in return we happily accept all eu laws etc. tax, life as you know it. We're doomed Mr Mainwaring! Maybe I'll start learning Greek Link to comment Share on other sites More sharing options...
adnanshah247 Posted December 5, 2008 Share Posted December 5, 2008 we're doomed mr mainwaring! Maybe i'll start learning greek lol!!! Link to comment Share on other sites More sharing options...
Thorin Posted December 5, 2008 Share Posted December 5, 2008 Something about Crispy Crunch, or a depression, or something. I'm told these things happen. Link to comment Share on other sites More sharing options...
fastisnice Posted December 5, 2008 Author Share Posted December 5, 2008 We're doomed Mr Mainwaring! Maybe I'll start learning Greek I'll do you a good deal, for every 3 lessons 1 free [GRIN][/GRIN] Link to comment Share on other sites More sharing options...
Gaz Walker Posted December 5, 2008 Share Posted December 5, 2008 We are going to have the Euro in the UK by 2011, my crystal ball told me Gaz. Link to comment Share on other sites More sharing options...
fastisnice Posted December 5, 2008 Author Share Posted December 5, 2008 We are going to have the Euro in the UK by 2011, my crystal ball told me Gaz. Seriously?? Just a question for clever people lol, how much will we get paid when we join the euro? Lets assume someone is getting paid £2000 a month, how much will that person get paid after we join the euro in euro off course???? i've always been curious about this one Link to comment Share on other sites More sharing options...
AndrewOW Posted December 5, 2008 Share Posted December 5, 2008 I'll do you a good deal, for every 3 lessons 1 free [GRIN][/GRIN] Does that mean I can move there first? Link to comment Share on other sites More sharing options...
AndrewOW Posted December 5, 2008 Share Posted December 5, 2008 Seriously?? Just a question for clever people lol, how much will we get paid when we join the euro? Lets assume someone is getting paid £2000 a month, how much will that person get paid after we join the euro in euro off course???? i've always been curious about this one €2000 ? Maybe Link to comment Share on other sites More sharing options...
fastisnice Posted December 5, 2008 Author Share Posted December 5, 2008 €2000 ? Maybe this is crap Link to comment Share on other sites More sharing options...
adnanshah247 Posted December 5, 2008 Share Posted December 5, 2008 it will be your current wage converted to euro (with a sh*t rate) and thats it. GB has water in between itself and the rest of europe for a reason! god didnt want us to be part of the EU! Link to comment Share on other sites More sharing options...
fastisnice Posted December 5, 2008 Author Share Posted December 5, 2008 I have an empty apartment for 7 months of the year while i'm over here..So ill look after your supra over here and you look after my flat over there[COOL][/COOL] Does that mean I can move there first? Link to comment Share on other sites More sharing options...
SteveR Posted December 5, 2008 Share Posted December 5, 2008 Broadly speaking, right now everyone of the key currency holders (USA, UK, Euro, Japan) are all in the same boat; we're facing tough times. So give or take a bit, all our currencies should be devaluing, but if everyone faces that, things basically stay the same (if you and I jump out of a plane, we're both going to hit the floor, but relative to each otehr we're not moving). So, the main affector in all of this is base rates. If BoE base rate drop > Rest of World Base Rate Drop then GB£ drop relative to rest of world. Expect alsmost everything you buy to go up in price as it's almost all imported and if your'e paid in £, it effectively costs more as the £ is worth less. Link to comment Share on other sites More sharing options...
fastisnice Posted December 5, 2008 Author Share Posted December 5, 2008 Broadly speaking, right now everyone of the key currency holders (USA, UK, Euro, Japan) are all in the same boat; we're facing tough times. So give or take a bit, all our currencies should be devaluing, but if everyone faces that, things basically stay the same (if you and I jump out of a plane, we're both going to hit the floor, but relative to each otehr we're not moving). So, the main affector in all of this is base rates. If BoE base rate drop > Rest of World Base Rate Drop then GB£ drop relative to rest of world. Expect alsmost everything you buy to go up in price as it's almost all imported and if your'e paid in £, it effectively costs more as the £ is worth less. I still remember how nice it was when i was on hoildays and 2000£ was 3000euro. Link to comment Share on other sites More sharing options...
Snooze Posted December 5, 2008 Share Posted December 5, 2008 Expect alsmost everything you buy to go up in price as it's almost all imported and if your'e paid in £, it effectively costs more as the £ is worth less. This does have the overall effect that people have to start spending more income on imported necessities, like food, heating, etc., rather than being able to splash out 75% of their income on overpriced housing. That's how things used to be back in the 70's before housing prices and lifestyle expectations spiralled out of control......so it could easily be argued that things are supposed to be like that, and maybe this shift is just a reality check and a realignment of peoples priorities rather than a total collapse? Link to comment Share on other sites More sharing options...
SteveR Posted December 5, 2008 Share Posted December 5, 2008 I still remember how nice it was when i was on hoildays and 2000£ was 3000euro. Me too. This is pretty much the nail in the coffin for any ideas I had about going back to the Nurburgring next year. Link to comment Share on other sites More sharing options...
Multics Posted December 5, 2008 Share Posted December 5, 2008 Everybody is in the same boat indeed (GBP, EUR, YEN, USD) etc. But the problem is that the UK is isolated and has not much to offer since all its eggs were in the financial services basket. They've clearly excluded themselves from the rest because they though they knew better (and that counts for other things aswell, call it Imperial heritage)... This is not an EU plan to get the UK in the euro zone, it's the UK that has always wanted to do things their own way. So be it. If the pound slides even more they will be forced to adopt the stronger currency which is the Euro and there's nothing wrong with that, it's just a different name and different coloured paper to pay for goods. Link to comment Share on other sites More sharing options...
AndrewOW Posted December 5, 2008 Share Posted December 5, 2008 As long as I can keep my debit card, I don't care what the currency looks like! Link to comment Share on other sites More sharing options...
Multics Posted December 5, 2008 Share Posted December 5, 2008 Same here Link to comment Share on other sites More sharing options...
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