SteveR Posted December 5, 2008 Share Posted December 5, 2008 I think the Euro will slide a bit (Vs the pound) in the early months of 2009, they have a lot of bad news coming in France, Spain, Ireland to name just three. Mostly, again, due to overpriced property. If you think our prices were insane, Irelands are even worse. Germany is predicting troubled times and most of its citizens rent; they're buggered because they export a lot of stuff and sales are massively down. Hopefully we'll also recover a bit of ground lost to the $ too, but I'm less sure about that. If the UK start printing money then we're opening a whole new can of self-whoopass on ourselves and we're in even more trouble. Gordon is doing anything he can to save himself, at the expense of the UK. Everything he does is spin and an attempt to LOOK like he's the man for the job, when in fact he's just making the problem bigger and bigger, but putting it off until tomorrow so things don't see as bad today. Link to comment Share on other sites More sharing options...
AndrewOW Posted December 5, 2008 Share Posted December 5, 2008 I think the Euro will slide a bit (Vs the pound) in the early months of 2009, they have a lot of bad news coming in France, Spain, Ireland to name just three. Mostly, again, due to overpriced property. If you think our prices were insane, Irelands are even worse. Germany is predicting troubled times and most of its citizens rent; they're buggered because they export a lot of stuff and sales are massively down. That bit Hopefully we'll also recover a bit of ground lost to the $ too, but I'm less sure about that. If the UK start printing money then we're opening a whole new can of self-whoopass on ourselves and we're in even more trouble. Gordon is doing anything he can to save himself, at the expense of the UK. Everything he does is spin and an attempt to LOOK like he's the man for the job, when in fact he's just making the problem bigger and bigger, but putting it off until tomorrow so things don't see as bad today. That bit Link to comment Share on other sites More sharing options...
SteveR Posted December 5, 2008 Share Posted December 5, 2008 If you hear the news say anything like "the Government have instructed the BoE to put more £££ into circulation to help ease the credit crisis", emmigrate. Only a complete would think that could solve anything. Link to comment Share on other sites More sharing options...
CJ Posted December 5, 2008 Share Posted December 5, 2008 The poor exchange rate is also bad news for the tourist industry here on Kos (and all of the other Greek islands) as it means that things like beer are sometimes more expensive here than in the UK. Link to comment Share on other sites More sharing options...
MrDriver Posted December 5, 2008 Share Posted December 5, 2008 Yeahhhaaaw That's all I can say... Link to comment Share on other sites More sharing options...
benkei Posted December 5, 2008 Share Posted December 5, 2008 I find it hard to belive how things have got so bad. In the UK for instance, you get taxed THREE times on the money you earn: Tax on your wages, tax in the form of VAT on what you spend, and tax on what you save too! If you have a car, that has to have road tax, you need to put fuel in said car which has fuel duty AND VAT on it! All the bills you pay, those have tax on them. And how many millions of people are in this country paying those taxes?! And STILL, the country has no money! Where the f*****g hell has it all gone?!?!?! Link to comment Share on other sites More sharing options...
CJ Posted December 5, 2008 Share Posted December 5, 2008 I find it hard to belive how things have got so bad. In the UK for instance, you get taxed THREE times on the money you earn: Tax on your wages, tax in the form of VAT on what you spend, and tax on what you save too! If you have a car, that has to have road tax, you need to put fuel in said car which has fuel duty AND VAT on it! All the bills you pay, those have tax on them. And how many millions of people are in this country paying those taxes?! And STILL, the country has no money! Where the f*****g hell has it all gone?!?!?! And you think that is any different to other European countries? Link to comment Share on other sites More sharing options...
benkei Posted December 5, 2008 Share Posted December 5, 2008 And you think that is any different to other European countries? I hate to quote myself... I find it hard to belive how things have got so bad. In the UK for instance... I'm not sure how the taxing systems work in other countries as it is completely irrelevant for me Link to comment Share on other sites More sharing options...
fastisnice Posted December 5, 2008 Author Share Posted December 5, 2008 The poor exchange rate is also bad news for the tourist industry here on Kos (and all of the other Greek islands) as it means that things like beer are sometimes more expensive here than in the UK. i completely agree,everytime i go to greece it seems more expensive due to the crap exchange[sAD][/sAD] Link to comment Share on other sites More sharing options...
ClaireRZ-S Posted December 5, 2008 Share Posted December 5, 2008 what kinda tax do ye pay on the soop lads 4 the year? Link to comment Share on other sites More sharing options...
marbleapple Posted December 5, 2008 Share Posted December 5, 2008 Maybe you're right. It would make the transition easier for them. I like your way of thinking sir Link to comment Share on other sites More sharing options...
RiceRocket Posted December 5, 2008 Share Posted December 5, 2008 The only main thing we're not taxed on is the air we breathe Link to comment Share on other sites More sharing options...
benkei Posted December 5, 2008 Share Posted December 5, 2008 You sure about that? I'm sure there's some stealth tax somewhere that has that covered! Link to comment Share on other sites More sharing options...
AndrewOW Posted December 5, 2008 Share Posted December 5, 2008 The only main thing we're not taxed on is the air we breathe Shhh! Don't give them any more crazy ideas! Link to comment Share on other sites More sharing options...
dangerous brain Posted December 5, 2008 Share Posted December 5, 2008 It surely is a way of getting the UK into the Euro. If its one to one then the biggest argument against it is dissolved. If they manage to push it the other way then we will be begging to join the euro. Its all part of Blairs master plan. He has given up the government of this country in order to run Europe as the first European president instead. Part of that deal probably was that his cronies on their way down would devalue the UK economy in the long predicted down turn more than the rest of europes. In fact looking at it logically labour know they are screwed so they now have two years to utterly screw it up so the next government can't fix it. I mean lets face it an economical plan that hinges around borrowing more money that we can't afford to pay back to spend on crap we don't actually need, and here's the crux we don't have any hand in manufacturing, growing, or producing, is nothing but completely insane. Its a great plan for the Fwits that go broke with debts over £15001. Now let me think...... why oh why are all our banks f*cked??? Nah can't think I'm just off to stick a 100" LCD TV on me credit card to save the country Link to comment Share on other sites More sharing options...
SteveR Posted December 5, 2008 Share Posted December 5, 2008 It surely is a way of getting the UK into the Euro. If its one to one then the biggest argument against it is dissolved. Why do people think this? No other country had 1:1 when they joined, a Deutsche mark wasn't worth the same as a French franc or a Spanish peseta. It doesn't make anything 'easier', witing until it's an an all time low before joining would basically make the UK become a laughing stock as we'd be massively underpaid Vs the other main players in Europe. Link to comment Share on other sites More sharing options...
dangerous brain Posted December 5, 2008 Share Posted December 5, 2008 Why do people think this? No other country had 1:1 when they joined, a Deutsche mark wasn't worth the same as a French franc or a Spanish peseta. It doesn't make anything 'easier', witing until it's an an all time low before joining would basically make the UK become a laughing stock as we'd be massively underpaid Vs the other main players in Europe. It doesn't makes sense to borrow money to spend it on shite to bail out the economy but thats what the government is pushing out as a solution to the current financial problems. With a positive exchange rate entry to the Euro stuff made in this country is too expensive for the rest of europe. If they devalue the pound the price of stuff in europe that we think is cheap abroad will become similarly priced. We won't actually get paid any better so we go from being a well off nation to one thats not. The big wigs don't care as they have their big jobs in Brussels sorted already and huge pensions. Link to comment Share on other sites More sharing options...
fastisnice Posted December 5, 2008 Author Share Posted December 5, 2008 It doesn't makes sense to borrow money to spend it on $#@!e to bail out the economy but thats what the government is pushing out as a solution to the current financial problems. With a positive exchange rate entry to the Euro stuff made in this country is too expensive for the rest of europe. If they devalue the pound the price of stuff in europe that we think is cheap abroad will become similarly priced. We won't actually get paid any better so we go from being a well off nation to one thats not. The big wigs don't care as they have their big jobs in Brussels sorted already and huge pensions. Agree 100% on this..We will become the poorest of europe, others will find Britain too cheap to come and buy.. Link to comment Share on other sites More sharing options...
Ian W Posted December 5, 2008 Share Posted December 5, 2008 Ian R hurry up and give me your bloody money!!! The balance of our accommodation for January is getting more expensive Link to comment Share on other sites More sharing options...
Pete Posted December 7, 2008 Share Posted December 7, 2008 If they devalue the pound the price of stuff in europe that we think is cheap abroad will become similarly priced. We won't actually get paid any better so we go from being a well off nation to one thats not. ..and so one of the few remaining barriers of remaining in this sh*t hole will be removed. Rhodes here I come! Link to comment Share on other sites More sharing options...
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