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Subject Topic: Lets hope the Euro Collapses for Summer?
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Message posted by TethersEnd28/2/2010 at 5:42pm
Outfit:  None Entered     Location:  Welsh in the Cotswolds
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Good news

if the goes down the pan our recovery will be export lead

bad news

if the goes down the pan our talented youngsters will be off to Poland to pick spuds for

-------------
Huw


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Message posted by jim oldham28/2/2010 at 5:47pm
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Quote: Originally posted by HermanTheGerman on 28/2/2010
Yes, I do enjoy cheap holidays - BUT - I advice you to keep the Pound out of the reasons Jim mentioned. We exchanged 2 DeutschMarks for 1 Euro (more or less) but most of the prices stayed where they were, just the DM was swapped for . To me it seems that we're now just starting to recover. I personally wish we hadn't joined!

Markus


and I have heard very similar stories from people in Belgium, France, Italy, the Netherlands and Spain.

Come over to the UK Markus why it is cheap.
Gan't guarantee good weather though.
Regards,
Jim.

Message posted by HermanTheGerman01/3/2010 at 7:36am
Outfit:  Tabbert Comtesse 530 deluxe     Location:  Germany (near Heidelberg)
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Jim, I'd happily cross the channel to stay - the only thing that keeps me here is my job...

And for the weather: we've been around the UK quite a bit and prefer your weather to ours! And don't they say "There's no bad weather, just bad clothes"?

 

Markus



-------------
Visit ourhome

Message posted by smifffymob01/3/2010 at 6:20pm
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Looks like it may be the rather than the ,today a meagre 1.10

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Message posted by Chewie01/3/2010 at 7:23pm
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Strange thing to wish for....

the currency of one of our main trading partners to collapse, causing the pound to soar, leading to loss of exports for the UK and thousands of job losses.... just so you can have a better exchange rate on holiday.

I take it your job doesn't rely on goods exported to the continent then? 


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Message posted by alan2901/3/2010 at 9:16pm
Outfit:  Swift Freestyle 520 on seasonal pitch     Location:  Wirral
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Surely if their currency drops, they will have massive inflation and their prices will shoot up.

Message posted by Opensauce01/3/2010 at 9:54pm
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I think the op just mean't that they hope the will fall, maybe to last yrs levels. The is down again to 90p=1 at moment so I would think best we can hope for is summat a bit better than that.

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Message posted by Ninjas overloaded01/3/2010 at 10:09pm
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There are fears of the pound collapsing and not the euro.speculators fear a hung parliament that could prove weak in tackling the u.k.huge debt.Toady has seen major falls against the dollor(especially) and the euro.

Message posted by bev+jon01/3/2010 at 11:05pm
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whatever happens or whatever people wish for we have no control over it anyway so no point worrying.

 


Message posted by smifffymob01/3/2010 at 11:41pm
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The only thing keeping the UK afloat is the bond markets willingness to keep faith with the sitting Government.It is costing the UK more to borrow money than any other AAA rated economy.Our gilts are charged more than others so that suggest the holders believe they are not worth their AAA rating.

Don't worry Gordon will sort,yeah right.The UK will have to have a "lost generation" like Japan or go cap in hand to the IMF


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Message posted by xtinexoop02/3/2010 at 9:29am
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Quote: Originally posted by Chewie on 01/3/2010

Strange thing to wish for....

the currency of one of our main trading partners to collapse, causing the pound to soar, leading to loss of exports for the UK and thousands of job losses.... just so you can have a better exchange rate on holiday.

I take it your job doesn't rely on goods exported to the continent then?




Yes, but other people's jobs depend on imports.   Lots of retailers are struggling because the goods they sell are too expensive to buy and they just aren't made in the UK - or even if they are the cost of the materials to make them is going up!

There's winners and losers whichever way it goes...

Christine

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Message posted by Ninjas overloaded02/3/2010 at 12:27pm
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Rumours today that george sorros and other unnanmed hedge fund manages are betting billions that the euro will fall by a large amount although principally against the u.s dollor.


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