Guest JudgeMental Posted February 24, 2013 Share Posted February 24, 2013 depressing reading the papers today... pound heading towards parity with the euro. this the worse rate since crash in 2008 when it reached parity and lost 25%of its value. It was 1.28 in November 2012 (when I thought about importing another van) now its 1.16 and due to dive because of lack of confidence and loss of AAA rating, anyone needing holiday money act quick :-S sainsburys quoting a rate of 87p already... http://travelmoney.moneysavingexpert.com/holiday-money/#results Link to comment Share on other sites More sharing options...
Tracker Posted February 24, 2013 Share Posted February 24, 2013 Mixed blessing? The lower pound will help exports and maybe prevent quite so many imported vans being bought in the UK? And when an export led UK economy picks up, the pound will strengthen again. So maybe for those of us that can afford it - ie anyone who can afford to run a motorhome - being a few Euros out of pocket for a while is but a minor inconvenience in the path to economic recovery! Oh that it were that simple! Link to comment Share on other sites More sharing options...
Guest JudgeMental Posted February 24, 2013 Share Posted February 24, 2013 Tracker - 2013-02-24 5:31 PM Mixed blessing? What!lol We produce hardly anything of worth and 80% percent of the content of a van imported anyway. prices already rising whether from China or Europe...This recession is only just starting..to quote the late great Charles Dickens...Hard times Link to comment Share on other sites More sharing options...
hallii Posted February 24, 2013 Share Posted February 24, 2013 The printing of money and the artificially low rates of interest (bank of England) are all dleiberate ploys to keep the value of the pound low. It also eats away at the value of any savings and makes many imported items (like gas, fuel etc) more expensive. A double edged sword methinks. I have just converted 500 euros worth, peanuts of course. H Link to comment Share on other sites More sharing options...
Hawcara Posted February 24, 2013 Share Posted February 24, 2013 I would like to see the Government consider an interest rate rise or put a higher premium rate on National Savings. Get interest for savers up and then they might use some of their capital plus interest to buy stuff. At the moment, even on the tv people are changing to haggling prices down. We import far more than we export. Quantative easing is not working, nor tax cuts. A radical rethink is needed. Inflation will get worse if the pound drops. No easy answer, but current policy is not the solution I feel. :-D Link to comment Share on other sites More sharing options...
Tracker Posted February 24, 2013 Share Posted February 24, 2013 I wouldn't call $479 Billion dollars nearly nothing and in spite of valiant attempts to transform the country into a debt ridden nation of takers and government employees we are still the 10 th largest exporting economy in the world. Why do people have to talk this country down I wonder - that really is depressing! http://en.wikipedia.org/wiki/List_of_countries_by_exports Link to comment Share on other sites More sharing options...
Syd Posted February 24, 2013 Share Posted February 24, 2013 No easy answer, but current policy is not the solution I feel. But if you calmly sit down and THINK about it, it IS working and the exchange rate that you are all complaining about is the proof of that. This country is not the only country that is doing this, Japan is a key country in this currency maniulation and China has done it for many many a year Link to comment Share on other sites More sharing options...
bodach Posted February 24, 2013 Share Posted February 24, 2013 When Scotland votes YES to independence it will automatically lose its triple A credit rating say the No campaign. doommongers.This leads inevitably to disaster, universal poverty and massive rises in mortgages as well as everything else anyone can think on and then the end of the known world. We as Private Frazer would say "are aall doomed".Now that their precious UK has lost its triple A rating what have they to say now? Strange silence! Link to comment Share on other sites More sharing options...
Syd Posted February 24, 2013 Share Posted February 24, 2013 bodach - 2013-02-24 6:22 PM When Scotland votes YES to independence it will automatically lose its triple A credit rating say the No campaign. doommongers.This leads inevitably to disaster, universal poverty and massive rises in mortgages as well as everything else anyone can think on and then the end of the known world. We as Private Frazer would say "are aall doomed".Now that their precious UK has lost its triple A rating what have they to say now? Strange silence! Because of Brown's policy of buying the scot vote we feel justified in saying that Scotland was very instrumental in bringing England down, that is what they should say now Link to comment Share on other sites More sharing options...
Dave225 Posted February 24, 2013 Share Posted February 24, 2013 Might have known we would get the blame for it sooner or later. The English always have to blame someone apart from themselves. You guys dominate the Westminster Parliament, you are the biggest nation in the Uk and control the money and most of the major Laws., so to say you have no responsibility is ludicrous. When you gave us a wee bit of control of our own devices we immediately passed all the Laws you wished you had passed, and so you griped about them. Look Big Eck wants to keep the Pound after the 'Big Day'; because he knows it would cost a lot to get a new currency and change all the fruit machines, s he is not totally daft, even though he tries hard.. If you take the blindfolds off you will see that the current situation is controlled by a bunch of Bullingdon Club boys who have no idea of what money really means, when you do not have it, and of course they are in tunr controlled by a bunch of sandal wearing loopies called LIbDems. No wonder the Uk is in the s...t Don't blame us, bomb Oxford. Link to comment Share on other sites More sharing options...
PJay Posted February 24, 2013 Share Posted February 24, 2013 Dave225 - 2013-02-24 7:45 PM Might have known we would get the blame for it sooner or later. The English always have to blame someone apart from themselves. You guys dominate the Westminster Parliament, you are the biggest nation in the Uk and control the money and most of the major Laws., so to say you have no responsibility is ludicrous. When you gave us a wee bit of control of our own devices we immediately passed all the Laws you wished you had passed, and so you griped about them. Look Big Eck wants to keep the Pound after the 'Big Day'; because he knows it would cost a lot to get a new currency and change all the fruit machines, s he is not totally daft, even though he tries hard.. If you take the blindfolds off you will see that the current situation is controlled by a bunch of Bullingdon Club boys who have no idea of what money really means, when you do not have it, and of course they are in tunr controlled by a bunch of sandal wearing loopies called LIbDems. No wonder the Uk is in the s...t Don't blame us, bomb Oxford. Think most of them went to Cambridge! Link to comment Share on other sites More sharing options...
Guest pelmetman Posted February 24, 2013 Share Posted February 24, 2013 Dave225 - 2013-02-24 7:45 PM Might have known we would get the blame for it sooner or later. The English always have to blame someone apart from themselves. You guys dominate the Westminster Parliament, you are the biggest nation in the Uk and control the money and most of the major Laws., so to say you have no responsibility is ludicrous. When you gave us a wee bit of control of our own devices we immediately passed all the Laws you wished you had passed, and so you griped about them. Look Big Eck wants to keep the Pound after the 'Big Day'; because he knows it would cost a lot to get a new currency and change all the fruit machines, s he is not totally daft, even though he tries hard.. If you take the blindfolds off you will see that the current situation is controlled by a bunch of Bullingdon Club boys who have no idea of what money really means, when you do not have it, and of course they are in tunr controlled by a bunch of sandal wearing loopies called LIbDems. No wonder the Uk is in the s...t Don't blame us, bomb Oxford. Yep........Its all your fault Dave :D...................can we have our wall back please (lol) (lol) Link to comment Share on other sites More sharing options...
mirage Posted February 24, 2013 Share Posted February 24, 2013 I don`t think you`ve really twigged onto the fact that things are NOT going to get better, this is how things will be with a Goverment of any persusasion only able to manage a decline of Britain, why? because we can`t stop paying ourselves money we have to borrow. Link to comment Share on other sites More sharing options...
Tony Jones Posted February 24, 2013 Share Posted February 24, 2013 Interesting how a couple of people managed to squeeze the words "van" or "motorhome" into this thread, but IMHO it still belongs in Chatterbox with all the other political ranting. Link to comment Share on other sites More sharing options...
Vernon B Posted February 24, 2013 Share Posted February 24, 2013 PJay - 2013-02-24 7:52 PM Dave225 - 2013-02-24 7:45 PM Might have known we would get the blame for it sooner or later. The English always have to blame someone apart from themselves. You guys dominate the Westminster Parliament, you are the biggest nation in the Uk and control the money and most of the major Laws., so to say you have no responsibility is ludicrous. When you gave us a wee bit of control of our own devices we immediately passed all the Laws you wished you had passed, and so you griped about them. Look Big Eck wants to keep the Pound after the 'Big Day'; because he knows it would cost a lot to get a new currency and change all the fruit machines, s he is not totally daft, even though he tries hard.. If you take the blindfolds off you will see that the current situation is controlled by a bunch of Bullingdon Club boys who have no idea of what money really means, when you do not have it, and of course they are in tunr controlled by a bunch of sandal wearing loopies called LIbDems. No wonder the Uk is in the s...t Don't blame us, bomb Oxford. Think most of them went to Cambridge! And a lot were born in Scotland - god bless em Good win today by the way! V Link to comment Share on other sites More sharing options...
Guest peter Posted February 24, 2013 Share Posted February 24, 2013 Tony Jones - 2013-02-24 10:00 PM Interesting how a couple of people managed to squeeze the words "van" or "motorhome" into this thread, but IMHO it still belongs in Chatterbox with all the other verbal diarrhea.I totally concur Tony. :D Link to comment Share on other sites More sharing options...
Guest JudgeMental Posted February 24, 2013 Share Posted February 24, 2013 Not just the euro, pound has hit an all time low against the dollar this week as well, and for those that seem to think the value of their money has no bearing on their pursuits, what planet do you live on..head in the sand or what. well remember similar comments when that moron Lamont caused a 30% dive Have spent this weekend trying to organise 4 holidays, 2 European and 2 further afield..another devaluation is all we need..... Link to comment Share on other sites More sharing options...
cheetahdavie Posted February 25, 2013 Share Posted February 25, 2013 Pressure? Thats what I am under when the 'boss' checks my Washing up [yes I do it..but under protest!] or the way I have done the ironing..[yes I do!] The Euro should be worth about £o.70..the £ against the $USA..1.4.. Inflation will rise .its way above the reported 2.% whatsit..Pack of Cheese..£2 for 400gram..now same price for 350gram..smaller "portions" for the same price mean huge..inflation.! Yes imports will cost more..but is it not giving our 'native' manufacturers/Farmers..etc..a chance to come up with the goods. The current Government has taken the wrong course..They should never have gone in to a coalition..but more importantly they should not have continued the stupid socialist policies of cutting public spending..and the tax increases they inherited from Labour. The £ heading toward parity is not depressing..its reality.,//get a grip on yourselves..you are all normally great thinkers'.. Aa1 means.."Prime,high quality and very low credit risk. And despite And that is what this Country is..very high QUALITY Link to comment Share on other sites More sharing options...
goldi Posted February 25, 2013 Share Posted February 25, 2013 Morning all, The stock market has shrugged off the effects of the downgrade ,which to me has both advantages and disadvantages .The sterling pound is however over 1% down against the euro, whether the Yanks will give it anotherc lobering this afternoon I do,nt know . norm Link to comment Share on other sites More sharing options...
Rayjsj Posted February 25, 2013 Share Posted February 25, 2013 Tony Jones - 2013-02-24 10:00 PM Interesting how a couple of people managed to squeeze the words "van" or "motorhome" into this thread, but IMHO it still belongs in Chatterbox with all the other political ranting. You are right Tony, Imported vans will cost considerably More, Since Carver were taken over by Truma (and are no-longer made in England), Electrolux Became Dometic (and are no-longer made in Luton) Etc., Etc., British made vans will ALSO cost a lot more, as nearly all the appliances/fittings are imported, Thank goodness for Whale, made in N.Ireland. perhaps they will expand into Fridges, Toilets and Cookers, and Caravan/ Motorhome makers will buy their products as more 'Cost effective' ?? Pigs might Fly too. Ray Link to comment Share on other sites More sharing options...
euroserv Posted February 25, 2013 Share Posted February 25, 2013 Tracker - 2013-02-24 5:58 PM I wouldn't call $479 Billion dollars nearly nothing and in spite of valiant attempts to transform the country into a debt ridden nation of takers and government employees we are still the 10 th largest exporting economy in the world. Why do people have to talk this country down I wonder - that really is depressing! http://en.wikipedia.org/wiki/List_of_countries_by_exports What is depressing is that the figure for our exports is given in dollars! Seriously though, even impressive figures like that do not disguise the fact that we are net importers of goods to the UK and most depressingly of all, the things that we do export are not the things that we the consumer buy on a regular basis. Our electrical goods, and much of our food is imported and it's depressingly easy to figure out why..... In the 70's and 80's we had Buy British campaigns but nobody took any notice. British goods were inferior and expensive and our workers were far too busy doing nothing but striking; incensed to do so by over powerful unions. The result; barely any industry and certainly no UK made consumer goods. The mainstay of our exports now are automobiles which contributes to employment but as the firms that make the cars are not British, the profits leak away and the infrastructure and plant used for the factories comes from abroad too. In all honesty though, any industry that we might have still had would be struggling or terminated by punitive environmental charges and energy costs that countries outside Europe don't have to worry about. The farmers cannot even make what we need in the UK either.... The EU dictates what is grown or reared here and even pays them something for making nothing at all. It's time to start a 5 year plan to revolutionise agriculture and industry before pulling the plug on Europe. Fill the tunnel in and let's make it on our own. We could do it much more effectively if we stop meddling in other Countries affairs too. How many nuclear power stations could have been built with the money we have wasted in Iraq and Afghanistan? If you are independent in terms of agriculture, energy and raw materials you don't need to worry about anything else. And finally; It is NEVER too late to close your borders! Nick PS. Any van questions? Link to comment Share on other sites More sharing options...
Colin Leake Posted February 25, 2013 Share Posted February 25, 2013 Tracker - 2013-02-24 5:58 PM I wouldn't call $479 Billion dollars nearly nothing and in spite of valiant attempts to transform the country into a debt ridden nation of takers and government employees we are still the 10 th largest exporting economy in the world. Why do people have to talk this country down I wonder - that really is depressing! http://en.wikipedia.org/wiki/List_of_countries_by_exports Tracker You have to make allow for the fact that he is a glass half empty buy German type. Whilst its true much of what goes into a British motorhome is imported the building of them gives employment to British Workers who pay taxes and earn money which they then spend mainly in the UK. For my part we buy British built whenever we can. Our current motorhome is British built AutoTrail, our car is a British built Toyota and the next one is due to be a British built Honda. OK none are British owned companies but at least they are built in the UK. I almost take delight in the fact that our German champion will have to pay more for his next motorhome if he wants to buy German. Incidentally the Germans in the main got where they are by being patriotic supporting their own manufacturers and allowing them to grow strong. When I was young I was the works engineer for a company that made small domestic appliances not only under their own label for many prestige continental companies as well some of whom were German. How the world has changed from then. Link to comment Share on other sites More sharing options...
Guest Peter James Posted February 25, 2013 Share Posted February 25, 2013 Printing £375 billion was always going to trash the pound. The theory is that all the cash will be invested in Britain and make Britain more productive. But they ignore the elephant in the room - investors don't have to invest it in Britain. They can easily invest it elsewhere, and thats obviously whats happening. Investors won't invest in Britain until we make Britain more investable. Simplify the tax system, improve the infrastructure, educate people in productive subjects, and bring property prices back into proportion to the rest of the economy. Either the Government doesn't realise this, or morelikely wdoesn't have the courage or political will to tackle these problems. So they just go on printing money. The best analogy I have seen is Mervyn King sitting in a car with his foot to the floor on the throttle. The engine is screaming, the fuel tank on empty, but we are going nowhere because the gearbox is broke. *-) Link to comment Share on other sites More sharing options...
Dave225 Posted February 25, 2013 Share Posted February 25, 2013 pelmetman - 2013-02-24 7:59 PM Dave225 - 2013-02-24 7:45 PM Might have known we would get the blame for it sooner or later. The English always have to blame someone apart from themselves. You guys dominate the Westminster Parliament, you are the biggest nation in the Uk and control the money and most of the major Laws., so to say you have no responsibility is ludicrous. When you gave us a wee bit of control of our own devices we immediately passed all the Laws you wished you had passed, and so you griped about them. Look Big Eck wants to keep the Pound after the 'Big Day'; because he knows it would cost a lot to get a new currency and change all the fruit machines, s he is not totally daft, even though he tries hard.. If you take the blindfolds off you will see that the current situation is controlled by a bunch of Bullingdon Club boys who have no idea of what money really means, when you do not have it, and of course they are in tunr controlled by a bunch of sandal wearing loopies called LIbDems. No wonder the Uk is in the s...t Don't blame us, bomb Oxford. Yep........Its all your fault Dave :D...................can we have our wall back please (lol) (lol) Sorry I think we used it to build our cuddly wee Parliament building in Edinburgh. Probably should have done with the enormous costs of the thing. By the way I stand by Oxford. That s where the Bullingdon boys meet and also where did all the Labour loopies go??? YTep, good old Oxford. I have watched Morse and Lewis and see that all they ever do is get drunk, skive about and of course murder each other. Cambridge is where the scientists go, and I am serious on that one. There is an area on the edge of Cambridge where the Antartic Survey Operations base is, where there are more brains per square inch than I have ever seen. Next door is a building that looks like a Nomadic tent but inside......... Phew!! Bit scary but impressive. Link to comment Share on other sites More sharing options...
Guest JudgeMental Posted February 25, 2013 Share Posted February 25, 2013 Colin Leake - 2013-02-25 4:56 PM Tracker - 2013-02-24 5:58 PM I wouldn't call $479 Billion dollars nearly nothing and in spite of valiant attempts to transform the country into a debt ridden nation of takers and government employees we are still the 10 th largest exporting economy in the world. Why do people have to talk this country down I wonder - that really is depressing! http://en.wikipedia.org/wiki/List_of_countries_by_exports Tracker You have to make allow for the fact that he is a glass half empty buy German type. Whilst its true much of what goes into a British motorhome is imported the building of them gives employment to British Workers who pay taxes and earn money which they then spend mainly in the UK. For my part we buy British built whenever we can. Our current motorhome is British built AutoTrail, our car is a British built Toyota and the next one is due to be a British built Honda. OK none are British owned companies but at least they are built in the UK. I almost take delight in the fact that our German champion will have to pay more for his next motorhome if he wants to buy German. Incidentally the Germans in the main got where they are by being patriotic supporting their own manufacturers and allowing them to grow strong. When I was young I was the works engineer for a company that made small domestic appliances not only under their own label for many prestige continental companies as well some of whom were German. How the world has changed from then. I'm on my last van thanks there will not be another, But I would never buy a crap built UK van in any case even if they were being given away...Have not in the last 20 odd years so unlikely to start now. FYI it may of escaped your notice but we are in a European market and without it we are sunk..Tell me what bit of your van is not imported and the car you drive is a japenese imported kit assembled here to get around trade restrictions. What are all the white goods and electronics in your house I wonder...More jingoistic and clueless flag waving . Your right on one respect, the Germans believe in their people..and are not saddled with a divisive class system. They educate and invest in the future and the long term. whereas here the economy has always been dominated by a short term get rich quick mentality. due to many factors including the banks. Link to comment Share on other sites More sharing options...
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