Thread: Financial shock for those holding British Pounds

Originally Posted by Butterfly

Originally Posted by Begbie

Pound continues on down

it's only down .145 in one day, no big deal, small panic, the usual. It could rebound any day, who the fuck knows, I wouldn't worry

What's this now, fool?

.145 - what does that mean? Against what? Is it a percentage? Perhaps a callibre?

I'm not a Brit, so can I have a glass of wine, Tex?
I'm happy. I'm paid in greenbacks.

Originally Posted by bkkandrew

I hate being in the UK. At least my BKK flight departs in a couple of weeks.

fuck, I hope you are not on the same flight as me

I will look out for a tedious, boring looking bloke with a plastic laptop case

Originally Posted by DrAndy

Originally Posted by bkkandrew

I hate being in the UK. At least my BKK flight departs in a couple of weeks.

fuck, I hope you are not on the same flight as me

I will look out for a tedious, boring looking bloke with a plastic laptop case

I know you are so old all days mingle into one now, but note that my post was on the 14th August, two weeks hence would be the 28th and now we are on the 10th September, so I am happily ensconsed in BKK. No danger meeting me on the flight.

By the way - laptop? That's so 90's. (No - before you start - 1990's not 1890's)

Originally Posted by Jet Gorgon

I'm not a Brit, so can I have a glass of wine, Tex?
I'm happy. I'm paid in greenbacks.

Me too. These grounded pounders can lick my boots for a quarter. Last year the shoe was on the other foot and no end of naysayers were forecasting the end. I could dig up the quotes, but won't do to any length to embarrass them.

Whoopsie! DOW 6K

^ you wouldn't know, it's all the same for you, troll

^If you are waiting and watching for phase two of the meltdown, don't leave your seat Tex...

OK, I'll be waiting.

Nudge me if I happen to fall asleep.

^You dismissed phase one about 9-months ago. Do you want me to find you post?

It's called tired, old, worn out cliches we've all heard 1,000 times.

You dismissed phase one about 9-months ago. Do you want me to find you post?

I recall suggesting it will be a blip on the historical radar in 10 years. Then adjusted it down to five. Your alarmist tendencies are just too OTT for me.

^Yep - and I have bookmarked it for posterity

Tex is just joking (maybe?), but he is funny sometimes.
For me about the only small upshot is I get some $ income from overseas so at least that means a better exchange rate.
I hope for when I hit LOS in winter time things will swing up again.
Here's to hoping

When it gets back to a reasonable level of 1.5-6, I'll start to buy property there again.

WHOOOOOOO HOOOOOOOO !!!!!!!!!!!

I get paid in USD, have got them sitting in an account waiting for the day the rate makes them worth changing. My company gave me the option of switching to sterling at the current rate 3 weeks ago. 0.504 or 1.984. Told them to stuff it. Why lock myself in at the bottom?

Spoke to my Dad, they think it'll go lower, I'll start thinking of cashing once it hit's $1.70, though I remember holidaying in the USA at $1.19 many years ago.

Thai Baht was 44 when I first came here, but it went down to 37.5 a few years later, and up as high as 93. Don't ever change sterling to THB so that one doesn't worry me.

Fall Sterling Fall!!

As an accomplished Anglophile, I can assure you the pound's decline is due to very poor manners, retarded leaders, shit cars and general dumb ass disease. The precipitous decline has also been attributed to shit food and poor dental hygiene.

You missed out fat ugly beer swilling birds as well.

Originally Posted by ray23

The currency may trade between 33.60 and 33.90 next week

I see it being at the upper end of that scale. For once a decent prediction from the Thai camp. It might even see 34.05 if we're lucky.

Anything above the 78 line on this chart should give us 34baht plus to the dollar

linky

Bloomberg is already showing 33.81. What is pound doing against the baht?

^62.85. It slipped again against the Greenback to 1.857...

Originally Posted by Thormaturge

FWIW Alistair Darling is looking like he could be the worst Chancellor of the Exchequer in living memory.

Hardly surprising, given that he takes his insructions from (and tries to emulate) the twat next door.

Originally Posted by bkkandrew

Originally Posted by Thormaturge

FWIW Alistair Darling is looking like he could be the worst Chancellor of the Exchequer in living memory.

Hardly surprising, given that he takes his insructions from (and tries to emulate) the twat next door.

A tad unfair.

Chap can only play the hand he has been dealt and it's hardly his fault that the deck is light and he is amongst company drinking the dregs up in the last chance saloon.

Hapless might be a more accurate term.

The real nigger in the woodpile is of course Blair whose stench of stale economic fart still permeates the air and taints all those buffoons without the sense to quit the crime scene that is now Britain.

Remember the Us was the first one in and most likely be the first one out.