i claudius Posted September 8, 2014 Author Share Posted September 8, 2014 45 to the quid by December? I still have to bring over about 3k in the next month ,but thank goodness the bulk of next years money came over a couple of months ago.at 54 plus Link to comment Share on other sites More sharing options...
Popular Post sandmike Posted September 8, 2014 Popular Post Share Posted September 8, 2014 Slightly off topic, but I think its humorous .... Subject: The British Queen & Alex Salmond The Queen is in Glasgow and she bumped into Alex Salmond.Her Majesty : How nice to see you Mr Salmond.AS: Nice to see you Ma'am. Now, what are we going to call Scotland when we win Independence? How about calling it a Kingdom, and then I'll be a King?Her Majesty : No, we don't like that.AS: Empire, and I'll be Emperor?Her Majesty : No.AS: Alright, so how about calling it a Principality, and then I'll be a Prince?Her Majesty : No Mr Salmond. I suggest we call it a Country and you can carry on as you are. 6 Link to comment Share on other sites More sharing options...
Popular Post ferguston Posted September 8, 2014 Popular Post Share Posted September 8, 2014 personally couldn't give stuff about Scotland..... but I have large transfer in GBP arriving in late October.... already very concerned about that transfer rate And I personally couldn't give stuff about England. 4 Link to comment Share on other sites More sharing options...
cdnvic Posted September 8, 2014 Share Posted September 8, 2014 Talk about the subject please. Don't get personal. 1 Link to comment Share on other sites More sharing options...
MJP Posted September 8, 2014 Share Posted September 8, 2014 Think I'll nip down the bank in the morning. The kids can have an early Christmas this year . . . and the housekeeping for the next three years. Time for a wire transfer. Link to comment Share on other sites More sharing options...
Goshawk Posted September 8, 2014 Share Posted September 8, 2014 been watching the £ steadily slide over the past few days myself . . . so today i transferred quite a few K (to Thailand) before it gets any worse . . . again. Link to comment Share on other sites More sharing options...
chiang mai Posted September 8, 2014 Share Posted September 8, 2014 (edited) This article is possibly somewhat alarmist and slightly overdone but it does highlight the very real risks to the downside. That being said, Nomura is a well regarded large bank/brokerage, as the article states it's a case now of Asia waking up to the problem: http://www.telegraph.co.uk/finance/economics/11082976/Britain-faces-storm-as-giant-global-investors-awaken-to-break-up-dangers.html Edited September 8, 2014 by chiang mai Link to comment Share on other sites More sharing options...
MJP Posted September 8, 2014 Share Posted September 8, 2014 (edited) 45 to the quid by December? I still have to bring over about 3k in the next month ,but thank goodness the bulk of next years money came over a couple of months ago.at 54 plus I remember the golden era of 75+ when I got 7.75 million baht for a measly £100k one week.Could never do the LOS building and land stuff today. Poor as a church mouse. Edited September 8, 2014 by MJP Link to comment Share on other sites More sharing options...
Bernard Flint Posted September 8, 2014 Share Posted September 8, 2014 45 to the quid by December? I still have to bring over about 3k in the next month ,but thank goodness the bulk of next years money came over a couple of months ago.at 54 plus I have over 2 years gbp, at 55.7, so no problems for me. Link to comment Share on other sites More sharing options...
Bernard Flint Posted September 8, 2014 Share Posted September 8, 2014 45 to the quid by December? I still have to bring over about 3k in the next month ,but thank goodness the bulk of next years money came over a couple of months ago.at 54 plus I remember the golden era of 75+ when I got 7.75 million baht for a measly £100k one week.Could never do the LOS building and land stuff today. Poor as a church mouse. Them days didnt last long, no one could see that lasting. If we all could have about 55- 57, i would be happy Link to comment Share on other sites More sharing options...
chiang mai Posted September 8, 2014 Share Posted September 8, 2014 Given all the financial downside that's involved in separation, there has to be a fair chance that it wont succeed, on the surface it looks like much economic pain for both countries if it does. But if it does succeed, it's going to have a big impact on UK expats here I would guess, things could get painful, especially when combined with the personal allowance, frozen pension and CGT issues, ouch! 1 Link to comment Share on other sites More sharing options...
MJP Posted September 8, 2014 Share Posted September 8, 2014 45 to the quid by December? I still have to bring over about 3k in the next month ,but thank goodness the bulk of next years money came over a couple of months ago.at 54 plus I remember the golden era of 75+ when I got 7.75 million baht for a measly £100k one week.Could never do the LOS building and land stuff today. Poor as a church mouse. Them days didnt last long, no one could see that lasting. If we all could have about 55- 57, i would be happy Berny I'd be happy if it just stabilised at 50, at least it would make it easier to plan and budget. Although 60 would be nice and ultimately 150 would be better. Link to comment Share on other sites More sharing options...
Popular Post kingalfred Posted September 8, 2014 Popular Post Share Posted September 8, 2014 Four scenarios: 1. No vote and pound strengthens 2. Yes vote and Scotland goes it's own way with its own currency and pays it's it's debts then pound strengthens hugely 3. Yes vote and Scotland goes it's own way with its own currency but defaults on its debt than the pound falls 4. Yes vote and Scotland becomes independent but keeps pound in a union with the UK and pays it's debts then pound stays in a range scotland doesnt want to pay its debt under SNP policy . salmond and his cabal are hiding alot about the future and the Scots need to think hard before they vote. theres no coming back. 3 Link to comment Share on other sites More sharing options...
alant Posted September 9, 2014 Share Posted September 9, 2014 I understood one of the rules for any new country joining the EU was that they had to use the Euro. By the way the oil is mine just like the pound is yours as it is for a Welshman or somebody from any part of the UK.as you will find out when you try to steal it the English politician's have been very quiet about it so as not to drive the majority into Salmonds black hole. as always the lawyers are rubbing there hands. The court cases will drag on for years. We will join NATO (though the weapons of mass destruction A new country joining the EU, do you mean the new England/Wales/Northern Ireland entity, the Scottish entity or both? As an Equal partner in the union Scotland would have as much right to be a member as any of the others or are the yes protagonists right and under the current rule Scotland has zilch? Does this mean the £ will have to be abandoned in England for the Euro? Link to comment Share on other sites More sharing options...
crazykopite Posted September 9, 2014 Share Posted September 9, 2014 The answer to the question is NO but I think Scotland are doomed if they decide to go there own way !!! Link to comment Share on other sites More sharing options...
bluemoon58 Posted September 9, 2014 Share Posted September 9, 2014 It'll all end in tears... Link to comment Share on other sites More sharing options...
MJP Posted September 9, 2014 Share Posted September 9, 2014 It'll all end in tears... Gonna make for some great telly over the next month at least. 1 Link to comment Share on other sites More sharing options...
bluemoon58 Posted September 9, 2014 Share Posted September 9, 2014 It'll all end in tears... Gonna make for some great telly over the next month at least. Agreed. Have you read Salmonds manifesto? It doesn't make any sense as the figures just don't add up. I personally couldn't care less whether it's a yes or no but I would urge those in the "yes" camp to read it. I don't think some people actually realise the billions upon billions it takes to form an independent nation. Here's just one small taster on defence. And it's from a Scot... http://www.scotsman.com/news/politics/top-stories/in-full-general-sir-richard-shirreff-s-letter-1-3526265 Link to comment Share on other sites More sharing options...
MJP Posted September 9, 2014 Share Posted September 9, 2014 It'll all end in tears...Gonna make for some great telly over the next month at least. Agreed. Have you read Salmonds manifesto? It doesn't make any sense as the figures just don't add up. I personally couldn't care less whether it's a yes or no but I would urge those in the "yes" camp to read it. I don't think some people actually realise the billions upon billions it takes to form an independent nation. Here's just one small taster on defence. And it's from a Scot... http://www.scotsman.com/news/politics/top-stories/in-full-general-sir-richard-shirreff-s-letter-1-3526265 Salmond has also missed nuclear decommissioning costs. Huge! Link to comment Share on other sites More sharing options...
personchester Posted September 9, 2014 Share Posted September 9, 2014 Should Scotland decides to become independent the British pound will not really lose financial value as a result of this, because England and Scotland are not enemy countries. In order to avoid any GBP value problems due to the Scottish independence the English and Scottish politicians together with their banking experts will then outline a correct financial currency solutions in order to ensure that there will be no down value of the pound, and no financial problems for the populations. 1 Link to comment Share on other sites More sharing options...
chiang mai Posted September 9, 2014 Share Posted September 9, 2014 Should Scotland decides to become independent the British pound will not really lose financial value as a result of this, because England and Scotland are not enemy countries. In order to avoid any GBP value problems due to the Scottish independence the English and Scottish politicians together with their banking experts will then outline a correct financial currency solutions in order to ensure that there will be no down value of the pound, and no financial problems for the populations. That's not what the banks and the brokerages are saying. Link to comment Share on other sites More sharing options...
AnotherOneAmerican Posted September 9, 2014 Share Posted September 9, 2014 The pound is doomed as far the Scots are concerned because they won't be allowed to use it any more. They will have to go back to the Scottish shilling which last traded at around 200 to the English pound. Sterling itself should get stronger, as the UK will be relieved of the burden of subsidising Scottish education etc. Not to mention Royal Bank of Scotland. Link to comment Share on other sites More sharing options...
oxo1947 Posted September 9, 2014 Share Posted September 9, 2014 I'm still sticking with my view that whether or not the Scottish vote to breakaway from England, after the vote is over the English should be allowed a vote as to whether they want to keep the Scottish Cheers Fletch That's really quite odd thinking Fletch. Maybe it would be acceptable if Britain allowed that policy when it was on the winning side. So Spain gets to Vote on whether they get Gibraltar back. Argentina gets to vote if it gets Falklands or not. etc etc Link to comment Share on other sites More sharing options...
PowermanFire Posted September 9, 2014 Share Posted September 9, 2014 It's about time Scotland will be it's own country, first the English govemment take the oil, then they wanted their water, and they dumb all their nuclear stuff in Scotland, what's next, last week it was Braveheart, some People need to read their history books, Scotland,Wales, and Ireland should be a Celtic nation and forget England, they only have bully country, and nobody likes Westminster, Drive on the Yes vote, and get hid of the union jack flag, said from a Scotish person. 2 Link to comment Share on other sites More sharing options...
SWW Posted September 9, 2014 Share Posted September 9, 2014 I understood one of the rules for any new country joining the EU was that they had to use the Euro. By the way the oil is mine just like the pound is yours as it is for a Welshman or somebody from any part of the UK.as you will find out when you try to steal it the English politician's have been very quiet about it so as not to drive the majority into Salmonds black hole. as always the lawyers are rubbing there hands. The court cases will drag on for years. We will join NATO (though the weapons of mass destruction A new country joining the EU, do you mean the new England/Wales/Northern Ireland entity, the Scottish entity or both? As an Equal partner in the union Scotland would have as much right to be a member as any of the others or are the yes protagonists right and under the current rule Scotland has zilch? Does this mean the £ will have to be abandoned in England for the Euro? I thought that in order to join the EU, there had to be a unanimous acceptance by all member entities? If Scotland breaks away from the UK, Spain would immediately veto any attempt to join by Scotland, for fear that they will soon find themselves in the same position as the UK is in right now, with a part of itself wanting to break away. 1 Link to comment Share on other sites More sharing options...
Keesters Posted September 9, 2014 Share Posted September 9, 2014 I'm still sticking with my view that whether or not the Scottish vote to breakaway from England, after the vote is over the English should be allowed a vote as to whether they want to keep the Scottish Cheers Fletch Agreed. The Scottish vote is void in my opinion unless other parts of the union are allowed to vote too. I'm ready with a few English pounds to help rebuild Hadrian's Wall to keep the Scots out of my green and pleasant land. 1 Link to comment Share on other sites More sharing options...
personchester Posted September 9, 2014 Share Posted September 9, 2014 Should Scotland decides to become independent the British pound will not really lose financial value as a result of this, because England and Scotland are not enemy countries. In order to avoid any GBP value problems due to the Scottish independence the English and Scottish politicians together with their banking experts will then outline a correct financial currency solutions in order to ensure that there will be no down value of the pound, and no financial problems for the populations. That's not what the banks and the brokerages are saying. They may well be saying this in order to ensure that the Scottish public does not create independence, but should independence take place then their job is to prevent currency problems in order to avoid initially a financial disaster for both countries. Link to comment Share on other sites More sharing options...
Benmart Posted September 9, 2014 Share Posted September 9, 2014 How can the GBP crash? If all the Scottish Pounds were recalled and destroyed that would mean the GBP is more valuable. However the Scots want everything their way. They want to keep the Pound and their right of travel and work in Europe etc. The Scots are no different from most people I've met in my world travels, including myself. I want what I want, when I want and quickly. Lots of work changing my mindset. 1 Link to comment Share on other sites More sharing options...
Naam Posted September 9, 2014 Share Posted September 9, 2014 I'm still sticking with my view that whether or not the Scottish vote to breakaway from England, after the vote is over the English should be allowed a vote as to whether they want to keep the Scottish Cheers Fletch That's really quite odd thinking Fletch. Maybe it would be acceptable if Britain allowed that policy when it was on the winning side. So Spain gets to Vote on whether they get Gibraltar back. Argentina gets to vote if it gets Falklands or not. etc etc it's not odd thinking. it's called irony 1 Link to comment Share on other sites More sharing options...
bkkden Posted September 9, 2014 Share Posted September 9, 2014 Question... Will Scotland get any claims in North Sea Oil fields? That will be very valuable and important for them if they do!! Link to comment Share on other sites More sharing options...
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