chiangmai
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Post by chiangmai on Oct 23, 2024 11:58:08 GMT 7
Let's all move to NZ and start claiming benefits and having lots of kids, just to annoy Mr Smokes, who in?  |
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chiangmai
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Post by chiangmai on Oct 23, 2024 12:15:14 GMT 7
Yes I agree with this, RR is the wild card for the Pound. If, as expected, fuel duty rises 7%. That's going to affect everything, food prices will rise. That 84 year old woman in Dewsbury who Free Gear was talking to will really struggle then The 84 year old Granny from Dewsbury was protected from covid (don't kill Granny), just so she could become Starmer/Raynor fodder and starved or frozen to death. Personally I'd chose the covid route which is much quicker. Has anyone checked to see if either one has started a euthanasia business selling DIY kits? |
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rott
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Post by rott on Oct 23, 2024 15:16:02 GMT 7
Sterling to baht looking a bit happier this morning, but presumably still within the current range.
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chiangmai
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Post by chiangmai on Oct 23, 2024 15:43:51 GMT 7
Sterling to baht looking a bit happier this morning, but presumably still within the current range. It will reach 45 before year end, you mark my words. As soon as the UK budget news gets digested, GBP will behave like a concrete block dropped into the Mariana Trench. You heard it here first plus there's been no charge for this. Mind you, nobody else agrees with me which is why there's no charge.  Mind you, nobody else agrees |
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smokie36
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Post by smokie36 on Oct 24, 2024 0:05:33 GMT 7
Let's all move to NZ and start claiming benefits and having lots of kids, just to annoy Mr Smokes, who in? None of you sponging bastidz would be allowed more than a kiss me quick hat before being frogmarched to the beach and slung in a canoe with one paddle. The management at my work complained today that I don't seem happy etc......whining to my agency. Watch me give a fook....4 weeks to go...if ya don't like it don't give me the work...I can feel their fkkin envy....I feed off it bwahahaha |
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rott
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Post by rott on Oct 24, 2024 15:35:35 GMT 7
Bollocks to all that how much is a Pad Thai.?
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rott
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Post by rott on Oct 24, 2024 15:36:44 GMT 7
Sterling a touch healthier again this morning.
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chiangmai
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Post by chiangmai on Oct 25, 2024 17:52:32 GMT 7
Hedge funds are selling the Pound, ahead of next weeks budget.
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siampolee
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Post by siampolee on Oct 25, 2024 19:13:36 GMT 7
With the mad chancellor rabid Reeves as Labours financial guru the UK and its people are riding a fiscal handcart to hell'.  |
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siampolee
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Post by siampolee on Oct 25, 2024 19:46:47 GMT 7
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chiangmai
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Post by chiangmai on Oct 26, 2024 1:38:36 GMT 7
Below is the 10 yr USD/GBP chart which shows GBP down 20% over that period, does that look like a rebound since 2016 because it certainly doesn't to me. 2016/2018 through 2020 looks like post Brexit but 2020/2022 looks like covid and 2022 on looks like post covid. We are currently a long way below the previous post Brexit peak in 2018 of 1.42 so I don't understand the post Brexit remarks, without that as an excuse there is no accounting for what the direction might be or why. I don't pretend to know the answers here but post Brexit as a reason doesn't stack up. The other point is that the UK is about to increase its borrowing substantially, which will have a negative effect on the currency. The only hope I can see is if Labours plans for the economy bear fruit but historically they have never ever done that. And if Trump does win, that bodes poorly for US inflation, that means US rates will increase and the USD will strengthen. If I had to guess at the direction I continue to think the Pound will fall in value. One of my drivers for thinking this is that there's an awful lot of bad crap going on in the world currently and USD is the historical safe haven currency, so there's an above average risk of currency flight, into USD. For me, those things suggest that the Pound has greater potential to weaken whilst USD has greater potential to strengthen. www.xe.com/currencycharts/?from=GBP&to=USD&view=10Y |
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chiangmai
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Post by chiangmai on Oct 26, 2024 17:35:01 GMT 7
Sod the Baht, we're off to Koh Kood in the morning, ten days of beach life and a decent hotel. |
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chiangmai
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Post by chiangmai on Oct 27, 2024 4:31:15 GMT 7
Before I go:
"She will also rewrite fiscal rules to unleash a borrowing spree of up to £50 billion, a move that experts say will lead to interest rates staying higher for longer and risk pushing up the price of mortgages".
I'm not sure why that borrowing would lead to higher interest rates but if it does, maybe that's the stronger Pound some are talking about.
Dunno, don't care, where's me rubber duck....wheeee
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smokie36
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Post by smokie36 on Oct 27, 2024 13:52:21 GMT 7
Sod the Baht, we're off to Koh Kood in the morning, ten days of beach life and a decent hotel. A paddling pool in your CM driveway and a poster of Koh Kood on your window is not a vacation. Bloody typical cheapazz Brit. |
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rott
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Post by rott on Oct 30, 2024 11:25:08 GMT 7
Not having the financial acumen and research capabilities of others on here I restrict my activity to the currencies section of my antiquated paper version of the Bangkok Post.
So today it's showing UK/Baht 43.71. Read into that what you will, but what will it show if Trump storms home next week.? If it goes to 30.00 my days here will surely be numbered. Ah I remember my first Carlsberg in the Dog's Bollcxx bar when the rate was 70 something, improving daily and we were all rich men.
But that was then.
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Jan 4, 2023 21:15:53 GMT 7
Jan 4, 2023 21:15:53 GMT 7
