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UK holiday-makers feel early hit from pound's new Brexit fall

snoop1130

By snoop1130
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darksidedog
darksidedog

Expats are taking a bigger hit. They are abroad all the time, many with frozen pensions, watching their standard of living declining by the day. Sterling has lost a third of its value since the Brexit

Sophon
Sophon

That's not even close to being true. On 23rd of June 2016 the GBP/THB exchange rate was 52.05, it's now at 37.45 (down 28%). On 23rd of June 2016 the EUR/THB exchange rate was 39.87, it's no

Chomper Higgot
Chomper Higgot

Brexiteers have moved on from assuring us of ‘a price worth paying’ to now insisting no price is being paid.   And of course, any price that might be being paid is somebody else’s fault.

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adammike Silver Member

adammike

Posted
Posted
7 minutes ago, Johnyo said:


 
For some in Britain, the fact that the pound has traditionally bought more than one unit of other currencies around the world, with the exception of some oil states, has been a source of pride.
 
Really? One must have a very unsatisfactory existence to feel proud of such a trivial occurrence. If one needs currency strength to feel a sense of pride I can’t imagine how little they have achieved. Another trait of patriotism, empty beings.
 
 .
 

You just wait till we get a new Royal Yacht that'll show you.

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SheungWan Gold Member

SheungWan

Posted
Posted
12 hours ago, kingdong said:

if we,d got out 3 years ago we,d have been on the road  to recovery now,what with the changes to the retirement visa rules can see a lot of expats having to return home.

 

10 hours ago, kingdong said:

once britain gets out the eu,it,ll soon be back up there.

Dreaming again.

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SheungWan Gold Member

SheungWan

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19 hours ago, evadgib said:

But it will get better and might already have started if we'd left on time.

There was an opportunity to leave earlier and that was the deal negotiated by Theresa May. Effect on the Pound would have been mollified. The current accelerated decline is expressly in response to that of no_Deal pushed by the Hard Brexit team. To suggest that pushing Hard Brexit earlier would have been better for Sterling, well, you're 'aving a laugh mate. Like the italics though: very convincing.

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juice777 Silver Member

juice777

Posted
Posted
28 minutes ago, Johnyo said:


 
For some in Britain, the fact that the pound has traditionally bought more than one unit of other currencies around the world, with the exception of some oil states, has been a source of pride.
 
Really? One must have a very unsatisfactory existence to feel proud of such a trivial occurrence. If one needs currency strength to feel a sense of pride I can’t imagine how little they have achieved. Another trait of patriotism, empty beings.
 
 .
 Also some of the idiots in my country think it's great that we have got a completely different shade of blue passport back and see that as somesort of Vitory even know we could have kept the old colour 

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juice777 Silver Member

juice777

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Posted
A weak pound is good for your economy, Just think of all those Tourists flocking to England on the holiday of their life. England will become the new Thailand... very exciting!
Well I hope they bring there own food because paddy powers are giving 12/1 on rationing food by the end of the year.

https://www.paddypower.com/politics/uk-brexit


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kingdong Platinum Member

kingdong

Posted
Posted
On 8/2/2019 at 6:21 PM, Handsome Gardener said:

haha yep the top 1% degree educated brains behind the JP Morgan, Citibank or ALL other world financial institutions of this complex world have no more idea than Thaivisa forum members !! 

 

You heard it here first folks!

 

They are earning money from a self inflicted calamity - and good luck to them. Opportunities like that are once in a blue moon. The FTSE100 is a licence to print money with the pound plunging, but then I'm sure TV members knew that already !

 

 

you obviously admire these shiny arsed spivs.

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kingdong Platinum Member

kingdong

Posted
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On 8/3/2019 at 1:45 AM, SheungWan said:

There was an opportunity to leave earlier and that was the deal negotiated by Theresa May. Effect on the Pound would have been mollified. The current accelerated decline is expressly in response to that of no_Deal pushed by the Hard Brexit team. To suggest that pushing Hard Brexit earlier would have been better for Sterling, well, you're 'aving a laugh mate. Like the italics though: very convincing.

only one slight problem with mays scheme,sorry deal,is we,d have never left,her hidden agenda all along.

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kingdong Platinum Member

kingdong

Posted
Posted
On 8/3/2019 at 1:35 AM, juice777 said:

Yeah maybe you can fly to Thailand on a back of a flying unicorn

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i,d rather fly on the back of a giant albatross that flew through a crack in the sky.=hole in my shoe by traffic.

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SheungWan Gold Member

SheungWan

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8 hours ago, kingdong said:

only one slight problem with mays scheme,sorry deal,is we,d have never left,her hidden agenda all along.

Excepting the conspiracy nonsense,a one is perfectly entitled to argue the no-Deal case. What Hard Brexiteers are not entitled to do is argue that the referendum specified no-Deal and that failure to agree with them is to blame for the decline in Sterling. The movement in Sterling as very simple to explain. No-deal sends Sterling down and anything else sends it up. Hard Brexiteer alternative spins are just an embarrassment.

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bannork Ruby Member

bannork

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Posted
3 hours ago, SheungWan said:

Excepting the conspiracy nonsense,a one is perfectly entitled to argue the no-Deal case. What Hard Brexiteers are not entitled to do is argue that the referendum specified no-Deal and that failure to agree with them is to blame for the decline in Sterling. The movement in Sterling as very simple to explain. No-deal sends Sterling down and anything else sends it up. Hard Brexiteer alternative spins are just an embarrassment.

Now they argue economic pain is a price worth paying for 'freedom.'

Makes me think of that line from Me & Bobby McGee 'Freedom's just another word for nothin' left to lose'.

Come on Margaret, your country needs you -see below.

https://www.theguardian.com/commentisfree/2019/aug/05/government-national-unity-no-deal-margaret-beckett-referendum

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peter48 Senior Member

peter48

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On 8/2/2019 at 12:22 PM, evadgib said:

But it will get better and might already have started if we'd left on time.

Are you deluded sir. It cannot get better for a long while. Basics: the globe is selling off the pound because they know that UK trade will suffer for several yrs. be it a soft or hard Brexit.

How come? 1) When UK leaves EU it will be subject to tariffs because it is leaving EU/Single Market which is a 'free trade' area of circa 500 million consumers. The richest trading bloc in world 2) Prices will increase as Tariffs increase  those prices on our imports/exports/ pound slumps more 3) Consumer spending drops 4) Global & UK companies shift production abroad so they can access the prosperous EU eg Honda, Nissan, Siemans, General Motors, Toshiba, Ford, AirBus, BMW, British LandRover etc., more EU/USA banks leave too as they must have bases in EU to service Europe . Recall why did all those global companies come to UK ...because its the 'English speaking gateway' to EU even Thatcher supported the single market because it helps UK business and tax reveues! 5) UK revenues, taxes decrease affecting UK pensions, welfare, NHS etc over long term. 6) We have to establish new trade with the EU 27 coutries + 70 others like Japan, Korea, China  etc who we trade through our EU treatires. Sorry its going to take a long time. Johnson has just made everything a lot worse 

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bannork Ruby Member

bannork

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51 minutes ago, peter48 said:

Are you deluded sir. It cannot get better for a long while. Basics: the globe is selling off the pound because they know that UK trade will suffer for several yrs. be it a soft or hard Brexit.

How come? 1) When UK leaves EU it will be subject to tariffs because it is leaving EU/Single Market which is a 'free trade' area of circa 500 million consumers. The richest trading bloc in world 2) Prices will increase as Tariffs increase  those prices on our imports/exports/ pound slumps more 3) Consumer spending drops 4) Global & UK companies shift production abroad so they can access the prosperous EU eg Honda, Nissan, Siemans, General Motors, Toshiba, Ford, AirBus, BMW, British LandRover etc., more EU/USA banks leave too as they must have bases in EU to service Europe . Recall why did all those global companies come to UK ...because its the 'English speaking gateway' to EU even Thatcher supported the single market because it helps UK business and tax reveues! 5) UK revenues, taxes decrease affecting UK pensions, welfare, NHS etc over long term. 6) We have to establish new trade with the EU 27 coutries + 70 others like Japan, Korea, China  etc who we trade through our EU treatires. Sorry its going to take a long time. Johnson has just made everything a lot worse 

I can't believe how insane the no deal Brexiteers are. Why are they so willing to seriously damage the UK economy? 

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evadgib Ruby Member

evadgib

Posted
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10 minutes ago, bannork said:

I can't believe how insane the no deal Brexiteers are. Why are they so willing to seriously damage the UK economy? 

What is insane about the belief expressed in my previous post?

Quote

But it will get better and might already have started if we'd left on time.

I'm under no illusion as to the current situation but remain confident that the gloom and doom will be nowhere near as bad as many on these boards are hoping for.

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juice777 Silver Member

juice777

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I can't believe how insane the no deal Brexiteers are. Why are they so willing to seriously damage the UK economy? 

They have to still Pretend that they are right because if they don't then they will have to Amit that they are going to be responsible for the Destructuon of there own country.I wonder how they will be able to look there Children or Grandchidren in the eyes in a few years Time.

 

“It's easier to fool people than to convince them they have been fooled.” Mark Twain

 

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juice777 Silver Member

juice777

Posted
Posted



I'm under no illusion as to the current situation but remain confident that the gloom and doom will be nowhere near as bad as many on these boards are hoping for.


Hoping for that's just Madness

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juice777 Silver Member

juice777

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As is gobbling off on here simply because someone inserts a little optimism into these gloom filled threads.
If all you Turkeys will wake up and smell the Coffee and Amit to your self the Truth then the Politicians won't be afraid of a second Vote as that's all they care about is clinging on to power then we still have time to abort this oblivious madness. So I will keep posting thanks

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BritManToo Star Member

BritManToo

Posted
Posted (edited)
9 minutes ago, Victornoir said:

We are neighbors and our destinies are linked. If the pound suffers, for example, the Euro recedes. Our countries are also partners to the sovereign domains like the army, the police and the justice.

You've forgotten all the wars then?

I view France, Spain, German as the traditional enemies of the British, not neighbours, partners or friends.

Nothing has changed apart from the propaganda.

 

We should be starting conscription and building up our armed forces for the next inevitable war with Europe.

Edited by BritManToo
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