lomuamart wrote:
Someone mentioned earlier in this thread (and I'm too lazy to look for the post) that they expected the GBP to fall below 40 to the THB. At the time, I thought that was just pessimistic but now, unfortunately, I think that may well be optimistic. Anyone taking bets on 37 or less?
Meanwhile, inflation will increase and the great British public who voted for this debacle will sit up and wonder what's going on.
Discord, fighting in the streets, more racism etc etc.
Ok, a dystopian vision but I can see it happening.
I think BHT40\£1 is a given now. I also mentioned that gold might be a good idea.
If you seriously believe your last two sentences add silver coins.
Remember that imported silver coins only attract 5% vat when declared as "antiques, art and collectables.
Germany is a good place to buy them.
Someone mentioned earlier in this thread (and I'm too lazy to look for the post) that they expected the GBP to fall below 40 to the THB. At the time, I thought that was just pessimistic but now, unfortunately, I think that may well be optimistic. Anyone taking bets on 37 or less?
Goldman Sachs were predicting another 10% drop in the Times this morning which would certainly put us close to 37. Presumably those who voted for this will point out the benefits of Brexit when they come so that we don't miss them, I have a pension fund in pounds and apparently I would have done better this year with it in Haitian Gourdes!
DB,
Interesting reading.
But, how much do we have to import to make those goods? If those costs go up, so will export costs therefore possibly making us uncompetitive in a global market where the biggest single economic market in the world seems hell bent on making us suffer - not surprising there really.
Just taking a quick look at the products outlined in the article - machinery, cars, chemicals, ships, cars etc etc, the UK is just a source of "cheap labour" for the originating countries. We don't have any more of those industries that we can call our own anymore. Do we?
And oil? Well, just watch Scotland try and claim most those rights.
The only ray of hope that I can see is that the UK will become so cheap that foreign investment might improve.
But then the public will have to accept lower wages and meanwhile inflation creeps up. That's not a good scenario.
Again, I'm trying to argue devil's disciple but...
Maybe we should just go back to a sufficiency economy? I might consider going back then and live in a field and try to live off it?
Only joking, but I don't see much future for our country if we become increasingly insular.
Personally I'm not really interested in how much the pound depreciates, the sooner we leave the EU the better. And like BB said earlier, bring on a higher inflation rate, my annual pension increase will also rise!
Oh yes. Forgot to say that the governmental pensions are of course guaranteed. Both by age and amount. Are they? Look at the age to qualify and the amounts. Have they changed over the years? Get some in before they're worthless.
And of course any private pension that allows the provider to just say that circumstances have changed can, and I'm sure will, just tell you that you're not getting as much as before.
Then see if you're on safe ground.
Are you using the numeric keypad to the right of the keyboard. The <alt>+ shortcuts usually do not work with the number keys along the top of the keyboard. (If you're using a laptop, there's probably an embedded numeric keypad where you press <Fn>)
Are you using the numeric keypad to the right of the keyboard. The <alt>+ shortcuts usually do not work with the number keys along the top of the keyboard. (If you're using a laptop, there's probably an embedded numeric keypad where you press <Fn>)
Thank you very much it works now !!
Courage is grace under pressure and when circumstances change you change your mind.
