ausibattler Posted December 2, 2008 Share Posted December 2, 2008 One British pound equals one Euro. Whoopy Do !!!.Lets go Euro!!! Bring it on!!!! Link to comment Share on other sites More sharing options...
Sunday Driver Posted December 2, 2008 Share Posted December 2, 2008 Not according to Yahoo currency converter:£1 = 1.1773€Are you sure you're not talking about that convict currency you lot use down under.......... [;-)] Link to comment Share on other sites More sharing options...
Kitty Posted December 2, 2008 Share Posted December 2, 2008 The UK pound going down against the euro is the reason why the UK should not adopt the euro. It makes the pound more competitive. See the following written by an MEP HEREAnd I speak as someone who is financially affected by the slide. Link to comment Share on other sites More sharing options...
ausibattler Posted December 2, 2008 Author Share Posted December 2, 2008 Worlds apart my friend!!"The Australian dollar is currently the sixth-most-traded currency in world[1] foreign exchange markets (behind the euro, US dollar, the yen, the pound sterling, and the swiss franc),accounting for over 6% of worldwide foreign-exchange transactions. TheAustralian dollar is popular with currency traders due to high interestrates in Australia, the relative freedom of the foreign exchange marketfrom governmental intervention, the general stability of Australia'seconomy and political system, and the prevailing view that theAustralian dollar offers diversification benefits in a portfoliocontaining the major world currencies (especially because of itsgreater exposure to Asian economies and the commodities cycle)."Like a cold beer? Link to comment Share on other sites More sharing options...
andyh4 Posted December 2, 2008 Share Posted December 2, 2008 Well the TORYGRAPH never ceases to disappoint. I wonder where the export led recovery is going to come from.Banking - er, maybe not just at the momentManufacturing - er, not after MT decimated it and it now represents less than 20% of the economy.People fleeing the mess - just possibly As for the inference that countries within the Eurozone cannot set their own policies - well the man claims to work in Brussels and Strasbourg, and has clearly never lived in either. I agree they cannot use interest rates as a politcal tool, but thank goodness for that. Link to comment Share on other sites More sharing options...
dragonrouge Posted December 2, 2008 Share Posted December 2, 2008 There is of course the small matter of the rugby result last week end from Cardiff Link to comment Share on other sites More sharing options...
parsnips Posted December 2, 2008 Share Posted December 2, 2008 [quote user="Cathy"]The UK pound going down against the euro is the reason why the UK should not adopt the euro. It makes the pound more competitive. See the following written by an MEP HEREAnd I speak as someone who is financially affected by the slide. [/quote]The eurozone would not accept the £ at it's present level precisely because of the commercial advantage it would give the UK. I remember when they said they would accept it at 1.40€. Link to comment Share on other sites More sharing options...
breizh Posted December 2, 2008 Share Posted December 2, 2008 Reuters' report seem to agree with opinions expressed by you. Barrosso is sadly deluded.http://uk.reuters.com/article/stocksNews/idUKLNE4B102220081202?pageNumber=1&virtualBrandChannel=0If anyone is under any illusions about the economic health of the Eurozone you should read this article by a German journalist in Der Spiegel (in English). It seems BMW and Daimler (Merc) may need to be nationalised in 2009 comme GM. http://www.spiegel.de/international/business/0,1518,592658,00.html Link to comment Share on other sites More sharing options...
bigears Posted December 4, 2008 Share Posted December 4, 2008 hiSo good old state ownership is due to make a comeback. Link to comment Share on other sites More sharing options...
ausibattler Posted December 4, 2008 Author Share Posted December 4, 2008 Which State do you anticipate ? New York? Montanna? New Mexico?...... or mind!!!! Link to comment Share on other sites More sharing options...
Sprogster Posted December 4, 2008 Share Posted December 4, 2008 aussibattler, as this is a forum on France, I am curious as to what your connection with France is? Link to comment Share on other sites More sharing options...
ausibattler Posted December 4, 2008 Author Share Posted December 4, 2008 Question based on curiousity or reactionary to points of view?For the record;Dual citizen/ passport holder - UK/Australia.Mason Secondaire owner in France.UK State Pensioner.Children and Grandchildren resident in UK.Watching the Titanic.........!!!Do I qualify? Link to comment Share on other sites More sharing options...
Jako Posted December 4, 2008 Share Posted December 4, 2008 Germany does not equal the Eurozone. German cars are as bad as US cars, just let them go bankrupt.The French automobile industrie will benefit. [:P] Link to comment Share on other sites More sharing options...
mint Posted December 4, 2008 Share Posted December 4, 2008 [quote user="ausibattler"]Question based on curiousity or reactionary to points of view?Watching the Titanic.........!!!Do I qualify?[/quote]Rearranging the deck chairs will give us something to do and might just momentarily take our minds off what's happening? Link to comment Share on other sites More sharing options...
ausibattler Posted December 4, 2008 Author Share Posted December 4, 2008 Sweet 17,History shows there were not enough life rafts for everyone on board!!!- - - and the band played on!!!! Link to comment Share on other sites More sharing options...
mint Posted December 4, 2008 Share Posted December 4, 2008 Well, then, ausibattler, may I have the pleasure of the next dance? Link to comment Share on other sites More sharing options...
ausibattler Posted December 4, 2008 Author Share Posted December 4, 2008 My pleasure- for the last waltz - and watch the sunrise? Link to comment Share on other sites More sharing options...
Sprogster Posted December 4, 2008 Share Posted December 4, 2008 I was just curious, as you do not refer to a region of France in your profile, whether or not you are an Aussie 'spoofer' because of your over done negativity about the UK, which could be construed as trying to rile other posters into a heated response.If you look at the latest dire Eurozone economic data reported today, it would appear that your Titanic analogy is rapidly spreading to the whole EU! Link to comment Share on other sites More sharing options...
ausibattler Posted December 5, 2008 Author Share Posted December 5, 2008 SprogsterFrom afar (about 10,000 miles or 17,000 klm's for those in countries that have gone totally metric) my observation of contibutions to this Forum are on the whole negative dialogues about their 'home country', particularly in considering their 'financial lot' or demise. Most who contribute to this Forum made a decision to seek a life off shore, leave the Mother UK, explore, seek a better quality of life for themselves, and for some, their children also. I also made that decision.Some of us made it a permanent move, for good, never to return other than to visit family, friends and holidays. Never to dwell on 'what if' to keep comparing with 'what was' the 'good old times,' remember when', keep a house there 'just in case'.From afar, we dont expect continued medical health support, a more favourable exchange rate on our State Pensions (mine is not CPI linked and is 'means tested' each tax year) whilst expecting high Bank interest on our retained 'nest egg' back home, income tax favours for us expats, winter fuel allowances, or Political bias for the minority 'off shore'.My veiws are not influenced by UK or European political or media 'spin'. I do not maintain a view of events in your region of the World as negative but of concern. Pragmatic dialogue outside the 'nine dots' is supposed to be healthy with sometimes a refreshing change to the constant barage of be-moaning.I have concerns for my family and friends that all is not well in the UK and in the Euro Zone and the political and financial fall out could be alarming. We are all well aware of the cause, it was not rocket science, it is the effect and the remedy that is more important; blame if there ever will be any, will come later.Some of us have a point of veiw of the ranking of the UK in this World that is no longer based on patrotism, government of the day, cost of Ryan air, tunnel charges, cost of the forthcoming Olympics, or how much soccer players earn. 60 million souls to be taken care of on 245,000 square klms doesn't sound like a viable financial 'stand alone' unit in today's global macro economic terms does it -- does it?. Link to comment Share on other sites More sharing options...
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