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Talk of a weak and collapsing Euro....

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Old 06 November 2012, 06:20 PM
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alcazar
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Question Talk of a weak and collapsing Euro....

And yet it's GAINED nearly 10% against the £

What does that make the £ then? Not worth having, obviously, if we can't even hold our own against a failing currency expected to collapse any time....

Old 06 November 2012, 11:40 PM
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Its not them, its us. We dropped below 1.6 against the USD on Monday.
Old 07 November 2012, 02:34 PM
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Time we kicked the whole business into touch. We did not vote for a federation anyway.

Les
Old 07 November 2012, 08:16 PM
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Originally Posted by Leslie
Time we kicked the whole business into touch. We did not vote for a federation anyway.

Les
Eh?
Sorry, Les, but what's that to do with a weak £?
Old 07 November 2012, 08:19 PM
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we € rate at 1.22 in september post office was advertising 1.13 the other day!!
Old 07 November 2012, 08:27 PM
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Yep, when I went on 30th September it was £1 = €1.27.
Yesterday, £1 = €1.13, so €0.14 lost, that's just over eleven % in a month.

What the HELL are our politicians DOING????
Old 07 November 2012, 08:30 PM
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Originally Posted by alcazar
Yep, when I went on 30th September it was £1 = €1.27.
Yesterday, £1 = €1.13, so €0.14 lost, that's just over eleven % in a month.

What the HELL are our politicians DOING????
Well, by the looks of today's papers, going on 'I'm a celectrity, get me out of here".
Old 07 November 2012, 08:31 PM
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alcazar
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Wait....Politicians in, "I'm filling my pockets, **** you!" scandal........
Surely not?
Old 07 November 2012, 08:33 PM
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Originally Posted by alcazar
Yep, when I went on 30th September it was £1 = €1.27.
Yesterday, £1 = €1.13, so €0.14 lost, that's just over eleven % in a month.

What the HELL are our politicians DOING????
Originally Posted by alcazar
Wait....Politicians in, "I'm filling my pockets, **** you!" scandal........
Surely not?
A Conservative too, hold the press!!!
Old 07 November 2012, 09:48 PM
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albob
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"...Yesterday, £1 = €1.13...."

you must be buying in the wrong places !!??


http://www.money.co.uk/travel-money/...hange-rate.htm

P.O. rate is 1.212.............

Last edited by albob; 07 November 2012 at 09:50 PM.
Old 08 November 2012, 11:12 AM
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alcazar
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Just going by the board in the local Post office.
Old 08 November 2012, 11:53 AM
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Leslie
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Originally Posted by alcazar
Eh?
Sorry, Les, but what's that to do with a weak £?
Probably a lot more than we might think at a first look. How about all that money we pay them for the "honour" of membership, and we don't get very much in return.

Having failed a financial audit for the 18th year because of errors and fraud according to the audit board, the Commissioners have now got the cheek to ask for even more of our money to squander away! how do you feel about that?

We voted originally to join a free market. That has now been gradually conveniently forgotten by our politicians and the "EEC" is now continuing to follow Jean Monnet's original advice how to form a federated EU in which case as a member we could kiss any form of democracy goodbye!

We would do a lot better to go it alone without the EU, they still need our exports anyway, those who kept out of the EU are doing pretty well in fact.

Les
Old 08 November 2012, 11:59 AM
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TelBoy
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Alcazar you're hooked on EUR/GBP but as i believe has been discussed on here before, generally that is just a whipping boy of USD/EUR, and in the aftermath of the election result, last night's steep Dow sell-off etc i'm afraid GBP has just been caught in the crosswinds. Nothing more to it.
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