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Sterling rout not yet over as no-deal Brexit odds jump - Reuters poll

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12 minutes ago, puipuitom said:

1. ASTON MARTIN (FORD, USA. INVESTMENT DAR, KUWAIT. INVESTINDUSTRIAL, ITALY.)

2. BENTLEY (VOLKSWAGEN, GERMANY)

 

3. JAGUAR + LAND ROVER (TATA, INDIA)

 

4. LOTUS (PROTON, MALAYSIA)

 

5. MG (SAIC, CHINA)

 

6. MINI + ROLLS-ROYCE (BMW, GERMANY)

 

7. VAUXHALL (GM, USA)

 

8. MORGAN (MORGAN, UK)..  In their own words – “The last remaining FAMILY OWNED, independent, innovative British motor manufacturer.”

 

There are still four British-owned car companies, Bristol, Morgan, Caterham and McLaren .

 

As about every economist and industry observer warned the British for since 2015 

Vauxhall belongs to the French PSA Company. Tata, the owner of Jaguar, wants to stay in the UK. 

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Posted (edited)
19 hours ago, sunnyboy2018 said:

Its the uncertainty contributing to the sterling decline. When brexit is finally declared the uncertainty will end and the pound should start to rise again as sure as the Euro will decline.

 

 May i humbly suggest , you change your medication , too many side effects ...

 

 

Edited by elliss
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12 hours ago, neverceasetobeamazed said:

Glad you weren't around in 1939.

Hoist the white flag,

'We're doomed, doomed I tell you!' was the cry of the remainers as they take them all off to the funny farm.

 

Wow , Ten posts under your belt , your due for upgrade...

 

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Posted (edited)
15 hours ago, evadgib said:

IMO the pound will be no lower on Valentine's day than it is today.

 

    It is with great regret , i have to agree with you .

   Project fact ,  gbp / 30 , that is my projected budget plan , before year ending . 

    Any lower , and i am out of land of smiles , sorry my darling....

 

 

Edited by elliss
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2.67 difference only GBP to Euro now in Pattaya 

2019-08-09_234542.png

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As an Aussie I know our dollars slide has nothing to do with Brexit. What are all the Brits going to say when,Brexit or not, the pound continues to drop?

I'm no economist but I reckon the smart people have taken all the uncertainty into account and what you see is what you get. 

Hopefully this fiasco will be over soon and the people really feeling the pinch i.e. expat pensioners (not me)  in Thailand can get back to sorting out their finances and lives. People dreaming of 70 baht to the pound are just that dreamers. The only way the exchange rate will improve is if the baht drops, not the pound or the aussie dollar improves, and that is not likely in the short term given the current situation.

 

I read earlier about a married guy on a british pension getting about 35,000 baht a month. If the pound jumped up 10% he'd get what...38,500 a month? He needs 40,000 to satisfy his extension of stay, in other words at least another 5000 baht. The pound will have to increase by over 14% to keep him here? If my maths are right that's about 42.5 baht on todays rate of 37.14. Doable? Who knows?

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Posted (edited)

This is just for 'fun' if you are at all scared look away at pound baht projections. But remember folks it's your democratic votes that count folks.  31 baht by Christmas and then year on year down down down. For Bob the Brit Builder the dream of retiring in Thailand is well and truly dead and buried. Poor old Kev-In-Thailand is promoting 4.5k apartments in the middle of nowhere East Pattaya on his channel as an option for the down and out Brits trying to 'live the dream'. 

 

p.s Boris Johnson is PM say it very slowly and look in the mirror this is our PM. WE'RE DOOMED I TELL YE WE'RE ALL DOOMED......but a good job we all have a sense of humour. 

 

http://poundf.co.uk/pound-to-baht-forecast-gbp-to-thb

 

To note in this clip the last act was Ukrainian dancers (all born in this country he was happy to add) and the clapometer studio vote went to State Affair - all a very spooky coincidence. Maybe I can foretell the future....

 

 

 

Edited by beautifulthailand99
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11 hours ago, puipuitom said:

60what ? Kip, Dong, Riel ? ?

might even be dutch guilders when the eu implodes.

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9 hours ago, beautifulthailand99 said:

This is just for 'fun' if you are at all scared look away at pound baht projections. But remember folks it's your democratic votes that count folks.  31 baht by Christmas and then year on year down down down. For Bob the Brit Builder the dream of retiring in Thailand is well and truly dead and buried. Poor old Kev-In-Thailand is promoting 4.5k apartments in the middle of nowhere East Pattaya on his channel as an option for the down and out Brits trying to 'live the dream'. 

 

p.s Boris Johnson is PM say it very slowly and look in the mirror this is our PM. WE'RE DOOMED I TELL YE WE'RE ALL DOOMED......but a good job we all have a sense of humour. 

 

http://poundf.co.uk/pound-to-baht-forecast-gbp-to-thb

 

To note in this clip the last act was Ukrainian dancers (all born in this country he was happy to add) and the clapometer studio vote went to State Affair - all a very spooky coincidence. Maybe I can foretell the future....

 

 

 

Was  that clapometer actually accurate ? Always wondered that

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15 hours ago, Loiner said:


Love it. The Remainers who claim that Brexiteers can’t agree on how to Leave, now can’t agree about how their financial suicide should come.

Financial suicide of Johnson's no-deal scenario, caused by leaver voters, you mean.   About time you got your head straight.

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31 minutes ago, Handsome Gardener said:

Thanks for the concern but having spent a career in related areas I'm unlikely to need it. We are the 5th largest NOW - absolutely irrelevant once November 1st gets here. 

 

So 1 trillion gone from London isn't self harm ?

 

2.1 billion on Brexit leaflets isn't self harm ?

 

Chucking away every trade deal in its current form with the largest trading block in the world isn't self harm ?

 

Having absolutely zilch trade deals lined up isn't self harm ?

 

Could list so so many more - yet bizarrely brexiteers can' come up with any specifics for the new dawn.

 

Of course the UK isn't going to close down - but once the rest of the world has stopped laughing at us we're going to be in a far worse place. 

 

It is death by a thousand cuts.

 

 

Of course we're going to be in a worse place. That's a given. What's not known is how much of a hole and how long it would take to climb out of it.

 

As to trade deals, while I agree this is the current reality - and probably would continue for the next five years minimum - there has been recent government economic stats to demonstrate that had we been trading freely outside the EU's restrictions in the last few years, our GDP would have grown faster than any EU country, even Germany.

 

It's my opinion, if there's any consolation in exiting the EU, it's the prospect of at least one economic forecast being positive, albeit how long it takes would depend on leavers getting off their backsides and doing something beneficial in bringing the UK back on its feet, instead of blaming the EU and remainers ad infinitum for what was caused by their referendum vote. 

 

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1 minute ago, bannork said:

He's not blaming the electorate, he's blaming Johnson for his reckless and dangerous No Deal policy.

 

 

I never thought comprehension was an issue for you Bannork......................" caused by leaver voters, you mean"..... sounds unequivocal to me.

 

 

In any event your side is crediting Boris with too much. It is not his no deal. No deal will come about because (a) parliament couldn't agree the deal offered by the EU and (b) the EU are seemingly unprepared to negotiate further....... Oh, and also because of this democratic act:-

 

image.png.77aa244a42e7e84929d9340a152314bb.png

 

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