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black shuck
08 Aug 19 14:40
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Date Joined: 31 Jul 05
| Topic/replies: 2,655 | Blogger: black shuck's blog
what on earth have these tories done to it...and I suppose its only gonna get worse. I don't care about Brexit anymore, theres probably been 12 million migrants come here while they are still arguing the t oss,i want the £s value to recover. sort it you work shy, lying, manipulative cretins

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Replies: 105
By:
The Leopard
When: 08 Aug 19 15:00
I'm buying Gold !
By:
macarony
When: 08 Aug 19 15:04
What you do I you had the euro or the dollar?
This is something quite unique to Britain everyone else takes the opposite view.
By:
The Leopard
When: 08 Aug 19 15:09
Storm a-comin !
By:
HGS
When: 08 Aug 19 15:36
Just ride the storm!
By:
The Leopard
When: 08 Aug 19 15:37
In my golden boat.
By:
Gin
When: 08 Aug 19 15:38
Just over ten years ago (under a Labour government), the pound was worth even less against the Euro than it is now. Funny, I don't remember the outpouring of grief then about the horrors of a devalued pound.
By:
Mr Eboue
When: 08 Aug 19 15:39
Might have had something to do with a global financial crisis.
By:
The Leopard
When: 08 Aug 19 15:41
Gold up 25% in 3 months
By:
Gin
When: 08 Aug 19 15:42
Maybe, it's just people like Owen Jones who in his book three years ago ("The demonisation of the working class"), blamed the high value of the pound for the loss of manufacturing in the UK but now spends his time tweeting about the horrors of a devalued pound caused by (non) Brexit.
By:
Gin
When: 08 Aug 19 15:44
Mr Eboue 08 Aug 19 15:39 Joined: 15 Sep 09 | Topic/replies: 26,465 | Blogger: Mr Eboue's blog
Might have had something to do with a global financial crisis.


Correct, and this devaluation is to do with uncertainty surrounding Brexit. Once that uncertainty is resolved (whichever way), then the pound will recover.
By:
HGS
When: 08 Aug 19 15:47
Post Brexit, I fully expect the pound to recover and within 5-10 years be at an all time high against the Euro.
By:
Baphornet
When: 08 Aug 19 15:52
if you listened to the MSM; it's 1348 all over again
By:
macarony
When: 08 Aug 19 16:38
Might have something to with anyways been artificially over valued so meet the needs of those tax dodgers that love expensive German cars
By:
Callisto-moon
When: 08 Aug 19 19:40
bit late to buy coal!
By:
Callisto-moon
When: 08 Aug 19 19:57
And gold
By:
Dr Crippen
When: 08 Aug 19 20:07
Harold Wilson.

''From now on, the pound abroad is worth 14 per cent or so less in terms of other currencies. That doesn't mean of course, that the Pound here in Britain, in your pocket or purse or in your bank, has been devalued.''

    Broadcast (19 November 1967), following the devaluation of the Pound Sterling. Usually remembered as "the Pound in your pocket".

Okay Harold,(God rest his soul) if that's good enough for you its good enough for me.
By:
GAZO
When: 08 Aug 19 20:20
something is coming and its not going to be pretty,bloomberg said there is $15 trillion in negative interest bonds and somebody else said investors have worked out were to invest money so they lose less,how can that be good
By:
black shuck
When: 08 Aug 19 20:26
Brexit has cost me nearly a third of my money to a tin pot economy...where is it going from here..I could have ridden a year or 2 but this is outrageous
By:
GAZO
When: 08 Aug 19 20:35
it hasnt started yet,the central banks have no idea how to normalize things,there only idea seems to be create more money and that has never ended well
By:
macarony
When: 08 Aug 19 20:54
Invest in real tangible  stocks not currency fluctuations, you basically serve no positive purpose
By:
black shuck
When: 08 Aug 19 21:19
I'm not into financial plop at all just buying a property abroad...every week the mortgage goes up coz we don't know what we are doing
By:
Dr Crippen
When: 08 Aug 19 22:07
Should have paid cash black shuck, you'd be laughing now.
By:
brassneck
When: 08 Aug 19 22:23
THE LEOPARD is a very clever man.CoolAnyone want a real scare read "hyperinflation in Zimbabwe "could Britain have a carbon copy?
don't read it if you want to sleep tonight.Shocked
By:
lfc1971
When: 08 Aug 19 23:36
There’s a lot of Africans in Britain ( some in Parliament ) , so anythings possible
By:
lfc1971
When: 08 Aug 19 23:52
Why not sell it now or in a few years time and make a large profit ?
By:
Callisto-moon
When: 09 Aug 19 07:16
I have got 36 euros in my draw from a holiday lasy year.
at the current rate of demise for the £ I will soon be able to buy te whole of Liverpool.
By:
black shuck
When: 09 Aug 19 07:56
The  £ is worth 33% less than it was before this debacle  in anyone's books that's ridiculous and we've still got more to come
By:
lfc1971
When: 09 Aug 19 08:39
But you will sell the house sometime and make that back , and more ?
By:
GAZO
When: 09 Aug 19 08:41
you should have known that currency rates are like interest rates in that they can go up and down,going to be much worse when your property halves in value
By:
lfc1971
When: 09 Aug 19 08:41
very good investment , imo
By:
lfc1971
When: 09 Aug 19 08:45
Of course Gaza is correct in that we don’t know what will happen to house prices
nevertheless that’s always the case so you can’t very well blame Brexit if your house in Europe loses value
By:
lfc1971
When: 09 Aug 19 08:50
It would be more worrying if the euro was losing value , who knows what the value of your house might end up at
By:
lfc1971
When: 09 Aug 19 08:54
It’s certainly a possibility that the euro will go into decline or even crash after Britain leaves
By:
black shuck
When: 09 Aug 19 09:11
I don't want to sell the house  i want to retire there with hopefully no mortgage
By:
lfc1971
When: 09 Aug 19 09:15
Oh I see I thought you were a Brexiteer and worried about that , well that’s life , you can hardly blame Brexit if you’re leaving the country now can you ?
By:
black shuck
When: 09 Aug 19 09:37
Any political views are immaterial the £ isn't doing well at the moment is it .I like to read the comments on what people think will happen in the future ..surely I'm not tied to a country am I lfc? If so I must be  the first
By:
lfc1971
When: 09 Aug 19 09:44
Of course you’re not tied to the country black shuck , I intend to get out of Britain myself at some point
I wish you all the best also ,
But the exchange rate in reality doesn’t affect you simply because you are buying a house in Europe , therefore the value of that house is in euros
By:
lfc1971
When: 09 Aug 19 09:49
because the value of the house is in euros *
By:
i_agree_with_nick
When: 09 Aug 19 09:54
GDP figures for Q2 just announced: the UK economy contracted by 0.2%, the first quarter of negative growth since 2012.
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