That is great uplink, treat them mean keep them keen,love the fact he's got a bottle to quench the thirst he's worked up carrying the brolly
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Anyone hoping for the Euro to crash slightly over the Greece problem?
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Posted 2 years ago #
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1.11 yesterday 1.15 now
Posted 2 years ago # -
Rich it's still too high
Can't wait for a 1.01 to be fair I could come and visit friend in the UK more often
Posted 2 years ago # -
Last year when I was in Milan it was 1=1 and it ended up being £11 for a half pint and glass of wine, I thought my balls had dropped again
Posted 2 years ago # -
Whatever asset class you choose your investment will only be worth what people are willing and able to pay for it. Some things are a safer bet than others.
If you want an idea of how currency will do long term have a look at the trade surplus/deficit, dependence on imports and sources of revenue - edit: and inflation. For the UK:
1. An ever increasing trade deficit.
2. Increasing dependence on imports.
3. Declining revenues from North Sea oil and gas, banking and finance, pharma and what's left of manufacturing. Those are the things that have kept Britain afloat for the last 20 years.
I have no pound denominated investments whatsoever. To lose my bet the pound will have to get back over €1.50 which I doubt.
Posted 2 years ago #
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