Sterling in freefall
#136
Straw Man.










Joined: Aug 2006
Posts: 46,302
From: That, there, that's not my post count... nothing to see here, move along.











I can't believe I joined a discussion about David Ike (The madman) just when it was being shut down!
Oh and seriously people? It is surprising to you that Money is Power!?
Oh and seriously people? It is surprising to you that Money is Power!?
#137
I was sort of enjoying this thread until I saw the posting about David.
What can we do about the banking system?? ...nothing without a lot of strife. But to believe the Politicians when they say that they are going to change the banking system is also heading towards La-la land territory.
What can we do about the banking system?? ...nothing without a lot of strife. But to believe the Politicians when they say that they are going to change the banking system is also heading towards La-la land territory.
#139
squeaky clean






Joined: Mar 2010
Posts: 1,576
From: Spain 4th feb 08 - October 11, now flits batck and forth from sunny Worthing











#140
squeaky clean






Joined: Mar 2010
Posts: 1,576
From: Spain 4th feb 08 - October 11, now flits batck and forth from sunny Worthing











#141
Getting better again.. these things come in circles - I think we may see £1 = 1.30 in 2011. Just a guess.
#142
Thread Starter
BE Enthusiast





Joined: Aug 2007
Posts: 858
From: Los Martinez











If you were to add all of the raises in rate from the last year together and discount the falls, the rate would be back around 1.50€
As I have mentioned many times, once the rate starts to go up, the Bank of England jump in and talk it down again. Reasoning that the low exchange rate makes our exports better and therefore helps the economy.
Once again showing they look after the multi nationals and tough luck to us small pondlife at the bottom of the pool. Just shows they are willing to throw us with pensions and mortgages to the dogs in pursuit of keeping themselves afloat.
As I have mentioned many times, once the rate starts to go up, the Bank of England jump in and talk it down again. Reasoning that the low exchange rate makes our exports better and therefore helps the economy.
Once again showing they look after the multi nationals and tough luck to us small pondlife at the bottom of the pool. Just shows they are willing to throw us with pensions and mortgages to the dogs in pursuit of keeping themselves afloat.
#143
Anyone else remember those heady far off days when we got 1.68€ to the pound...or was it all a dream?
#147






Joined: Jan 2010
Posts: 1,590











It's going in the right direction again now slowly,
#148
squeaky clean






Joined: Mar 2010
Posts: 1,576
From: Spain 4th feb 08 - October 11, now flits batck and forth from sunny Worthing











The pounds taking a battering today - again! 
Jo xxx

Jo xxx
#149
Just Joined
Joined: Jan 2011
Posts: 11
From: Costa Tropical

Oh darn I wrote a load of stuff about alternative energy/currency etc and then the pc froze and lost it all, but you could all look it up for yourselves. I would like to see the oil providers all crying one day as demand drops, instead of us crying as prices rise.
Re currency and oil prices - try watching the Zeitgeist films and make your own minds up - Im just on a small british pension and probably 'roadkill' anyhow in financial terms, but always try to be optomistic despite the storms which may be ahead - lets not get too downhearted as what we really value is not always what we think it is -(eg. health is most important over all concerns.) Cheer up folks
Re currency and oil prices - try watching the Zeitgeist films and make your own minds up - Im just on a small british pension and probably 'roadkill' anyhow in financial terms, but always try to be optomistic despite the storms which may be ahead - lets not get too downhearted as what we really value is not always what we think it is -(eg. health is most important over all concerns.) Cheer up folks
#150
Im just on a small british pension and probably 'roadkill' anyhow in financial terms, but always try to be optomistic despite the storms which may be ahead - lets not get too downhearted as what we really value is not always what we think it is -(eg. health is most important over all concerns.) Cheer up folks

We live in a wonderful country and have a good quality of life here, if we also have good health then we certainly should count our blessings!




)
this again it would make life easier
