British Expats - Search Results
British Expats

Go Back  British Expats > Search Forums
Reload this Page >

Search Results

Register
FAQ
Wikiposts
Today's Posts
Search
Vendor Directory
Search: Posts Made By: Mike Gas
Showing results 1 to 21 of 21
Search took 0.07 seconds.
Forum: Canada
Sep 9th 2010, 4:05 pm
Replies: 2,672
Views: 291,790
Posted By Mike Gas

Re: Exchange rate

This is why I feel sorry for the young.

http://blogs.telegraph.co.uk/finance/ianmcowie/100007530/how-house-prices-and-debts-are-building-ugly-tensions-between-parents-and-their-children/
Forum: Canada
Sep 9th 2010, 4:03 pm
Replies: 2,672
Views: 291,790
Posted By Mike Gas

Re: Exchange rate

Even with the pound this low the deficit continues to grow. Start up the printing press.



The UK’s seasonally adjusted deficit on trade in goods and services was £4.9 billion in July, compared...
Forum: Canada
Sep 9th 2010, 3:43 pm
Replies: 2,672
Views: 291,790
Posted By Mike Gas

Re: Exchange rate

[QUOTE=JonboyE;8834365]Agreed. It is a big problem with the UK retirement savings system. So many people were persuaded to opt out of SERPS in the 80s and put their money into personal pension...
Forum: Canada
Sep 9th 2010, 3:41 pm
Replies: 2,672
Views: 291,790
Posted By Mike Gas

Re: Exchange rate

QUOTE Alan2005 Probably not. Not for at least 5 years and possibly more as the major economies are now trapped in ZIRP.

Interest rates who knows, they are being kept artificially low by the...
Forum: Canada
Jul 3rd 2010, 4:25 pm
Replies: 2,672
Views: 291,790
Posted By Mike Gas

Re: Exchange rate

Right now, the Euro nations are tackling deficits, as is the UK. The UK will actually be ok in the medium term because banking continues to take a disproportionate amount of the worlds wealth and...
Forum: Canada
Jul 1st 2010, 4:13 pm
Replies: 2,672
Views: 291,790
Posted By Mike Gas

Re: Exchange rate

Agreed. Someone has their eyes open
Forum: Canada
May 27th 2010, 4:39 pm
Replies: 2,672
Views: 291,790
Posted By Mike Gas

Re: Exchange rate

That’s a lot of the trouble most of these official figures the governments pump out may as well be made up numbers, as they will manipulate them to tell any story they wish.
Forum: Canada
May 13th 2010, 8:40 pm
Replies: 2,672
Views: 291,790
Posted By Mike Gas

Re: Exchange rate

I accept your apology

But I would be very careful with some of the advice you have been giving out.

As you said when the rate was $1.53
I think the current exchange rate already factors in a...
Forum: Canada
May 13th 2010, 7:41 pm
Replies: 2,672
Views: 291,790
Posted By Mike Gas

Re: Exchange rate

Hay you are the one on here that starts giving financial advice to all and everyone. I am just trying to put the other side to the story, just in case anyone takes any interest in your advice.
Forum: Canada
May 13th 2010, 7:13 pm
Replies: 2,672
Views: 291,790
Posted By Mike Gas

Re: Exchange rate

[QUOTE=JamesM;8563469]Terminal decline???

IIt has pretty much hit it's low.
Says who?

Britain did not get involved in the Greece Bail Out- thus maintaining it's position as a safe haven for...
Forum: Canada
May 13th 2010, 6:43 pm
Replies: 2,672
Views: 291,790
Posted By Mike Gas

Re: Exchange rate

no wait for parity :lol:
Forum: Canada
Apr 18th 2010, 4:32 pm
Replies: 2,672
Views: 291,790
Posted By Mike Gas

Re: Exchange rate

A good debate / argument with different views is very good. But personal insults leave that for the politicians. ;)

I still think the pound over the next four years will lose another 30/50 % of...
Forum: Canada
Feb 19th 2010, 5:42 pm
Replies: 2,672
Views: 291,790
Posted By Mike Gas

Re: Exchange rate

Don’t know why you are blaming Labour so much, they and the Conservatives are just as much to blame this all started under Thatcher in the seventies when they wasted all that income from North Sea...
Forum: Canada
Oct 17th 2009, 12:21 am
Replies: 2,672
Views: 291,790
Posted By Mike Gas

Re: Exchange rate

Agreed. UK is F&^%D you can’t run an economy on selling houses to each other, Canada should fare better though being a commodity lead economy.
Forum: Canada
Oct 16th 2009, 8:06 am
Replies: 2,672
Views: 291,790
Posted By Mike Gas

Re: Exchange rate

While not property that’s for shore, ideally you would have moved your cash out of sterling a year or more ago.

Look for value I am in Gold and Oil companies quite heavily at the moment but...
Forum: Canada
Oct 15th 2009, 3:59 pm
Replies: 2,672
Views: 291,790
Posted By Mike Gas

Re: Exchange rate

which country ?
Forum: Canada
Oct 15th 2009, 3:32 pm
Replies: 2,672
Views: 291,790
Posted By Mike Gas

Re: Exchange rate

Just jumped up to 1.676 from 1.63 yesterday - is this the start of an upturn?

1. Unemployment figures not too bad.

2. BoE talking about pausing QE. That means equities will collapse, possibly...
Forum: Canada
Sep 20th 2009, 5:05 pm
Replies: 2,672
Views: 291,790
Posted By Mike Gas

Re: Exchange rate

There is a possibility though that in 12 to 18 months the UK will have to Jack up interest rates to levels not seen for decades to help pay down government debt, this may change sentiment in the fx...
Forum: Canada
Sep 20th 2009, 8:08 am
Replies: 2,672
Views: 291,790
Posted By Mike Gas

Re: Exchange rate

Well you are rather touchy head in the sand an insult don’t think so more of an observation your quote was telling us that the UK economy is recovering

The outlook for the UK looks better now than...
Forum: Canada
Sep 19th 2009, 4:20 pm
Replies: 2,672
Views: 291,790
Posted By Mike Gas

Re: Exchange rate

800 Billion and growing daily. 800 Billion and growing daily that’s a truly frightening figure.
Don’t get me wrong I love the UK still and still consider it as home but the UK Governments have sold...
Forum: Canada
Sep 19th 2009, 5:20 am
Replies: 2,672
Views: 291,790
Posted By Mike Gas

Re: Exchange rate

The outlook in the UK looks better because the government has the money printing presses on full steam ahead once they realise which is just starting to happen that this money will have to be repaid...
Showing results 1 to 21 of 21


 
Forum Jump

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.