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Decline On Sterling (The Pound)

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Hi Guys Im sure you Brits among us are also aware and concerned about the decline of our currency. I have been in the Land of Smiles for 15 years. I have seen it up and down, but just lately, just now not so worrying. In a way i must be quite lucky, i have 4 UK pensions, but alas these have declined these past few years by nearly 20%!

We have had to make changes to our life style to try to make up for it. We now keep our travels within Thailand, we have rented out a second home to make up the loss.We watch our spending. We have 3 kids at private schools!The tossers running our lovely old country, are complete idiots and dont know what to do. They think that a de valued pound is going to get the UK econemy working again, wrong. The culture of benifits,mass immigration and a work shy facebook generation, puts the UK in Kanakazi mode.

Out there there must be alot of you same same, and maybe, just maybe some with good advice about the future.

Thanks to read

Pip

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Like you, I'm a Brit and have lived in Thailand for quite some time (seventeen and a half years) and the current situation regarding the pound is not good. Just a matter of tightening one's belt and hoping for better days......wishful thinking??

  • Author

"Just a matter of tightening one's belt and hoping for better days"

Yes thats the way ahead, I might do a jumble sale? laugh.png

Like you, I'm a Brit and have lived in Thailand for quite some time (seventeen and a half years) and the current situation regarding the pound is not good. Just a matter of tightening one's belt and hoping for better days......wishful thinking??

The UKP is now worth 30-40% more than it was when you moved here, what exactly is your problem?

Edited by TommoPhysicist

  • Author

Wrong UK pension is fixed, didnt you know that?

Like you, I'm a Brit and have lived in Thailand for quite some time (seventeen and a half years) and the current situation regarding the pound is not good. Just a matter of tightening one's belt and hoping for better days......wishful thinking??

The UKP is now worth 30-40% more than it was when you moved here, what exactly is your problem?

My problem, as you put it, is that I've seen the pound soar to over 90 baht to the pound whilst living here so the current rate is somewhat galling.....regardless of what it was when I first came here!

  • Popular Post

Oh to have such worries............

3 kids in private school.......

Renting out the second home......

Feel free to come back and tell the working man in the UK how difficult things are for you.

  • Popular Post

Four pensions, never mind you can alays fly economy instead of business.
<deleted> people are struggling out there!
You come on here complaining you are having it hard with four pensions and three children in private education.

Ah the problems of the nouveau rich.

  • Popular Post

I would still rather live here on pensions than try living in the UK on the same amount of pounds ! Just had an email from my Brother whining about his winter quarter electricity bill of 400 quid.

Edited by trainman34014

Oh to have such worries............

3 kids in private school.......

Renting out the second home......

Feel free to come back and tell the working man in the UK how difficult things are for you.

you forgot he also has 4 pensions must be tuff
  • Popular Post

Just because the OP appears to be well off doesn't mean to say he's not feeling the squeeze.

We all want to live the life that we are accustomed, if not better, and having the children privately educated is at huge additional expense.

The guy is worried like everyone else.

Just because the OP appears to be well off doesn't mean to say he's not feeling the squeeze.

We all want to live the life that we are accustomed, if not better, and having the children privately educated is at huge additional expense.

The guy is worried like everyone else.

He's still getting 30-40% more from his pensions than he was getting when he originally came here.

Seems greedy to me.

Oh to have such worries............

3 kids in private school.......

Renting out the second home......

Feel free to come back and tell the working man in the UK how difficult things are for you.

I wish I had his PROBLEMS

"The culture of benifits,mass immigration and a work shy facebook generation, puts the UK in Kanakazi mode."

You've not been here for 15 years. How do you come by the above info? You been reading the DM?

"The culture of benifits,mass immigration and a work shy facebook generation, puts the UK in Kanakazi mode."

You've not been here for 15 years. How do you come by the above info? You been reading the DM?

don't need to have returned to know this...it is one of the most factful and true things that has been written on here for quite some time!

Although I don't pity the 4 pensions and rental of 2nd home and 3x kids at private school bit....perhaps send the missus out to get a job or something?

This reminds me of a member, U.S. doctor with a Thai wife in BKK needed 300,000 bht a month to survive. <deleted>, but there will always be us and them or perhaps me and them. laugh.png

  • Popular Post

I get three or four requests for a job every day in life........to one extent it's heart rending to see, on the other hand I am convinced that the UK is on the right path.

The downgrading was a good thing, it reminds us all that the debt problem is the biggest single issue facing the UK and we can't slacken off in regards to tackling it.

There's been far, far, far too much feather bedding and a jobs for life attitude in the UK. Abysmal teachers and nurses are virtually unsackable, many people skip onto long term sickness on full pay at every opportunity.

My sister was the third in command of Burger King in Scotland, she spent 20 years in private industry, she took an adult degree course and changed careers to join the NHS Human Resources department as a senior manager in my home county. What she found horrified her, I've mentioned it before on the forum so I won't repeat.

She says that the NHS unions have far too much power, however she also says that the unions have now started to support management when it comes to addressing the long term sickness problem, as even they have been disgusted and horrified at some of the stories being uncovered. People being off sick for 12 YEARS!!

We're all in it together, I was going to semi-retire this year but instead of that I'm starting a new company, I'm in the process of renovating the premises right now. I reckon that I'll have about 15 new employees and trainees by the end of this year. I want a lot more next year.

There are far too many talented and experienced people retiring far too early. I wish they would come out of retirement and put their shoulder to the wheel, we need them. My parents are 68 this year, they are coming out of retirement to help my new company.

It's easy to ladle opprobrium against the current government, this government was left holding the baby, and the baby ain't happy.

Do us UK based members a favour, and give us a break........we've got our shoulder to the wheel, we're all in it together, so rather than moan about all things British, try a radical new approach. How about supporting us? and some of you guys that are young enough, how about stepping out of the bar, walking off the beach, and coming back to give us a hand?.

I know two men that have returned from overseas retirement to do exactly that, these guys aren't skint, they saw their old companies struggling and they came back and put the working gear on.

You have no idea how proud of these men I am. Come on gents......let's get to it.

Try supporting four dependents in farangland on a monthly income of 100,000 bht.
We manage.
There are a lot of families worse of as well.


Edited by Chittychangchang

Oh to have such worries............

3 kids in private school.......

Renting out the second home......

Feel free to come back and tell the working man in the UK how difficult things are for you.

Exactly...well said

I get three or four requests for a job every day in life........to one extent it's heart rending to see, on the other hand I am convinced that the UK is on the right path.

The downgrading was a good thing, it reminds us all that the debt problem is the biggest single issue facing the UK and we can't slacken off in regards to tackling it.

There's been far, far, far too much feather bedding and a jobs for life attitude in the UK. Abysmal teachers and nurses are virtually unsackable, many people skip onto long term sickness on full pay at every opportunity.

My sister was the third in command of Burger King in Scotland, she spent 20 years in private industry, she took an adult degree course and changed careers to join the NHS Human Resources department as a senior manager in my home county. What she found horrified her, I've mentioned it before on the forum so I won't repeat.

She says that the NHS unions have far too much power, however she also says that the unions have now started to support management when it comes to addressing the long term sickness problem, as even they have been disgusted and horrified at some of the stories being uncovered. People being off sick for 12 YEARS!!

We're all in it together, I was going to semi-retire this year but instead of that I'm starting a new company, I'm in the process of renovating the premises right now. I reckon that I'll have about 15 new employees and trainees by the end of this year. I want a lot more next year.

There are far too many talented and experienced people retiring far too early. I wish they would come out of retirement and put their shoulder to the wheel, we need them. My parents are 68 this year, they are coming out of retirement to help my new company.

It's easy to ladle opprobrium against the current government, this government was left holding the baby, and the baby ain't happy.

Do us UK based members a favour, and give us a break........we've got our shoulder to the wheel, we're all in it together, so rather than moan about all things British, try a radical new approach. How about supporting us? and some of you guys that are young enough, how about stepping out of the bar, walking off the beach, and coming back to give us a hand?.

I know two men that have returned from overseas retirement to do exactly that, these guys aren't skint, they saw their old companies struggling and they came back and put the working gear on.

You have no idea how proud of these men I am. Come on gents......let's get to it.

bloody hell, thats a speech written for parliment mate clap2.gif

  • Popular Post

Sadly for the rest of you, I'm with the OP, he worked hard, earned, invested, saved and he had/has expectations, just because he's significantly smarter and wiser than the average ex-pat in Thailand is no reason to deride his financial accumen and his concerns over the current financial crisis. And indeed, much sympathies for the state of the UK economy/government and the working man et al but the OP isn't one of them even if many of the posters in this thread are, albeit transplanted ones. Tommo, behave!

Thanks very much norrona biggrin.png

I get three or four requests for a job every day in life........to one extent it's heart rending to see, on the other hand I am convinced that the UK is on the right path.

The downgrading was a good thing, it reminds us all that the debt problem is the biggest single issue facing the UK and we can't slacken off in regards to tackling it.

There's been far, far, far too much feather bedding and a jobs for life attitude in the UK. Abysmal teachers and nurses are virtually unsackable, many people skip onto long term sickness on full pay at every opportunity.

My sister was the third in command of Burger King in Scotland, she spent 20 years in private industry, she took an adult degree course and changed careers to join the NHS Human Resources department as a senior manager in my home county. What she found horrified her, I've mentioned it before on the forum so I won't repeat.

She says that the NHS unions have far too much power, however she also says that the unions have now started to support management when it comes to addressing the long term sickness problem, as even they have been disgusted and horrified at some of the stories being uncovered. People being off sick for 12 YEARS!!

We're all in it together, I was going to semi-retire this year but instead of that I'm starting a new company, I'm in the process of renovating the premises right now. I reckon that I'll have about 15 new employees and trainees by the end of this year. I want a lot more next year.

There are far too many talented and experienced people retiring far too early. I wish they would come out of retirement and put their shoulder to the wheel, we need them. My parents are 68 this year, they are coming out of retirement to help my new company.

It's easy to ladle opprobrium against the current government, this government was left holding the baby, and the baby ain't happy.

Do us UK based members a favour, and give us a break........we've got our shoulder to the wheel, we're all in it together, so rather than moan about all things British, try a radical new approach. How about supporting us? and some of you guys that are young enough, how about stepping out of the bar, walking off the beach, and coming back to give us a hand?.

I know two men that have returned from overseas retirement to do exactly that, these guys aren't skint, they saw their old companies struggling and they came back and put the working gear on.

You have no idea how proud of these men I am. Come on gents......let's get to it.

There will always be talented guys out there that really need to put their feet up and do what they have always craved to do and forgetting about business, making money, no worries.

Life is to short, no second chance, especially in your late years and cash is of no concern.

I can only sympathise with my British friends living in LOS. Im from the nanny state of australia and fortunately our currency is

really strong atm. Everytime the Reserve bank lowers the cash rate I lose money on my savings. Last yr I was earning 5.25% AND now its down to 4.75%.

Currencies fluctuate and one can only hope the the pound recovers and all returns to normal.

Fair point Transam, it's not for everyone, but the more experienced people that are prepared to work on and help out the better.

Just sayin'.

Oh to have such worries............

3 kids in private school.......

Renting out the second home......

Feel free to come back and tell the working man in the UK how difficult things are for you.

I'd sell the kids.

Fair point Transam, it's not for everyone, but the more experienced people that are prepared to work on and help out the better.

Just sayin'.

I'm just an old lazy sod. laugh.png

Your head has been melted listening to too much ZZ Top Transam tongue.png

Oh to have such worries............

3 kids in private school.......

Renting out the second home......

Feel free to come back and tell the working man in the UK how difficult things are for you.

I'd sell the kids.
Could you include my kids, the wife and her buffalo in the deal?

With all this economic chaos, I just can’t afford to keep them anymore.

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