Aforek Posted July 18, 2015 Share Posted July 18, 2015 Last year, Euro was 44.5 for one baht, because of the problems caused by red and yellow shirts ; maybe, if other political problems happen, we can have 40 bahts for one euro, but not 44 anymore Personnally, as many Europeans, I hoped for a grexit ... but for people who think Euro will not last long, it will be difficult to leave Euro, it's more than money, it's a symbol ; many problems to solve, but we are attached to € in the list given above, the guy who gave northen countries forgot Italy, France and Benelux : you can't think of Euro without these Euro founders Link to comment Share on other sites More sharing options...
1FinickyOne Posted July 18, 2015 Share Posted July 18, 2015 My guess would be that the Euro will continue to weaken, though the baht seems to be weakening too - but nobody really has any idea - the markets dictate price and the current price is market value w/ half the people thinking one way and the other half the other... Link to comment Share on other sites More sharing options...
Liquorice Posted July 18, 2015 Share Posted July 18, 2015 Never mind the Euro, god save the £. Interest rates set to rise and a slow but growing economy. Anyone betting on 58 baht - £1 next year? Link to comment Share on other sites More sharing options...
Kees5555 Posted July 18, 2015 Share Posted July 18, 2015 Last year, Euro was 44.5 for one baht, because of the problems caused by red and yellow shirts ; maybe, if other political problems happen, we can have 40 bahts for one euro, but not 44 anymore Personnally, as many Europeans, I hoped for a grexit ... but for people who think Euro will not last long, it will be difficult to leave Euro, it's more than money, it's a symbol ; many problems to solve, but we are attached to € in the list given above, the guy who gave northen countries forgot Italy, France and Benelux : you can't think of Euro without these Euro founders That was I. On purpose I left out France and especially Italy !!! Those countries do NOT have budgeting discipline, especially Italy. Both countries have a budget deficit more than agreed. And BeNeLux is not a country: I did mention Belgium, Netherlands and Luxembourg Link to comment Share on other sites More sharing options...
adammike Posted July 18, 2015 Share Posted July 18, 2015 Two or Three months after the introduction of the euro it dipped below 33baht and that was the day I paid for a two week stay in a hotel on samui, what's the bet I get caught out again . Link to comment Share on other sites More sharing options...
Daniel Boon Posted July 18, 2015 Share Posted July 18, 2015 So what will be the next currency to be measured against? If the Euro is in trouble and the US $ is now bum-wipe, will it be the BRIC? Link to comment Share on other sites More sharing options...
i claudius Posted July 18, 2015 Share Posted July 18, 2015 Never mind the Euro, god save the £. Interest rates set to rise and a slow but growing economy. Anyone betting on 58 baht - £1 next year? I am not betting on it ,praying maybe Link to comment Share on other sites More sharing options...
CaptHaddock Posted July 18, 2015 Share Posted July 18, 2015 Last year, Euro was 44.5 for one baht, because of the problems caused by red and yellow shirts ; maybe, if other political problems happen, we can have 40 bahts for one euro, but not 44 anymore Personnally, as many Europeans, I hoped for a grexit ... but for people who think Euro will not last long, it will be difficult to leave Euro, it's more than money, it's a symbol ; many problems to solve, but we are attached to € in the list given above, the guy who gave northen countries forgot Italy, France and Benelux : you can't think of Euro without these Euro founders That was I. On purpose I left out France and especially Italy !!! Those countries do NOT have budgeting discipline, especially Italy. Both countries have a budget deficit more than agreed. And BeNeLux is not a country: I did mention Belgium, Netherlands and Luxembourg An odd claim to make. Italy's recent budget deficit is less than the US, UK, Germany, France, Japan, and Spain. http://countryeconomy.com/deficit Link to comment Share on other sites More sharing options...
CharlieH Posted July 18, 2015 Share Posted July 18, 2015 A few posts removed. 7) You will respect fellow members and post in a civil manner. No personal attacks, hateful or insulting towards other members, (flaming) Stalking of members on either the forum or via PM will not be allowed. Link to comment Share on other sites More sharing options...
Broeno Posted July 18, 2015 Share Posted July 18, 2015 Thank the Lord us Brits never joined it. At the time we were told we were doomed if we didn't ,just like they keep telling us we are doomed if we leave the EU ,didn't believe them then ,don't believe them now You British keep yourself closing of from the world on your island. Brittisness is getting like Thainess. Link to comment Share on other sites More sharing options...
green job Posted July 18, 2015 Share Posted July 18, 2015 Thank the Lord us Brits never joined it. At the time we were told we were doomed if we didn't ,just like they keep telling us we are doomed if we leave the EU ,didn't believe them then ,don't believe them now You British keep yourself closing of from the world on your island. Brittisness is getting like Thainess. Truth hurts,does it? The EU and the euro is fxxxx and also the fourth reich Link to comment Share on other sites More sharing options...
manarak Posted July 18, 2015 Share Posted July 18, 2015 (edited) looking at the events in Greece, Cyprus, Spain, Portugal, I would say yes that is definitely a possibility! A Grexit may have a huge impact on the legitimacy of the Euro and raise the value of THB:EUR the opposite is true. when the result of the negociations became known and it was clear Greece wouldn't exit the EUR, the EUR fell ! Oh, and in response to the OP, forget about the EUR gaining momentum in the next 2 to 3 years against the Baht, unless there is a black swan type event in Thailand. Edited July 18, 2015 by manarak Link to comment Share on other sites More sharing options...
ozyjon Posted July 18, 2015 Share Posted July 18, 2015 http://www.bloomberg.com/news/articles/2015-07-17/thai-baht-drops-most-this-week-since-may-on-growth-outlook-fed Link to comment Share on other sites More sharing options...
Sprigger Posted July 18, 2015 Share Posted July 18, 2015 Thank the Lord us Brits never joined it. At the time we were told we were doomed if we didn't ,just like they keep telling us we are doomed if we leave the EU ,didn't believe them then ,don't believe them now Against your better judgement. You have a Scot to thank for that. His name_______________ Gordon Brown. Link to comment Share on other sites More sharing options...
SheungWan Posted July 18, 2015 Share Posted July 18, 2015 Thank the Lord us Brits never joined it. At the time we were told we were doomed if we didn't ,just like they keep telling us we are doomed if we leave the EU ,didn't believe them then ,don't believe them now You British keep yourself closing of from the world on your island. Brittisness is getting like Thainess. Truth hurts,does it? The EU and the euro is fxxxx and also the fourth reich British = England + Scotland. Just one big happy family compared to Euroland. Link to comment Share on other sites More sharing options...
KonaRain Posted July 18, 2015 Share Posted July 18, 2015 USD?? Link to comment Share on other sites More sharing options...
happy Joe Posted July 18, 2015 Share Posted July 18, 2015 Yes, 1 euro = 43b but in one year or two. Chancellor Angela Merkel will not accept more the false promises of the Greek leaders. Behind her virtuous countries of Northern Europe will support she. It will be: either you accept the constraints either you leave or it is we who leave. Faced with this threat southern countries living on credit will have to rebalance their accounts as a starting germany ruin them. Furthermore too low Euro penalizes exports in dollar. So sooner or later the euro will regain its 43 baht parity which may still increase if the Thai economy continues to decline. Link to comment Share on other sites More sharing options...
jacko45k Posted July 18, 2015 Share Posted July 18, 2015 I doubt it, their Greek contagion saga will go further yet, after all, they are just kicking the can down the road. Their solution to a member who cannot repay a previous loan, lend them more. Link to comment Share on other sites More sharing options...
PeCeDe Posted July 19, 2015 Share Posted July 19, 2015 Many years ago I spread my retirement funds between US$, CAD$ and GBP... Seems to be a pretty good mix for now... CAD $ down, US and GBP up. (in comparison to Baht) Still ticked at CAD$ and there total incompetence but what the hay, I can live. It's not much, but I'm not starving by a long shot. Link to comment Share on other sites More sharing options...
Berkshire Posted July 19, 2015 Share Posted July 19, 2015 Yes Sir !!I was hoping for a clean and rapid Grexit . That would have lifted the Euro. My life pension is paid in Euro and my lifesavings are in Euro in a SIN bank. When the Greece financial bankrupt started developing five years ago I gave instructions to that SIN bank that should the Euro implode because of the f%^&* incapable Greeks my account was to be converted immediately in DM or whatever "New" EU currency that would include Germany. Correct. A Greek exit would have strengthen the Euro, both in the medium and long term. But now, the EU seems intent on keeping Greece around, which means a few more years of Euro weakness. Good for German exports, not so good for EU pensioners in Thailand or anywhere else. Link to comment Share on other sites More sharing options...
sammygood Posted July 19, 2015 Share Posted July 19, 2015 so was it a good idea to sell the home house & business and bring all the money overhere on a saving acount that gives 2% or more in stead of the almost 0 in europe ? specially if you don't plan to ever go live in your home country again + money is here in baht, so euro conversion is not a problem anymore ... Link to comment Share on other sites More sharing options...
NeverSure Posted July 19, 2015 Share Posted July 19, 2015 and the US $ is now bum-wipe, will it be the BRIC? LOL. You wouldn't mind giving me a few million of them then, would you? 555 Link to comment Share on other sites More sharing options...
jayceenik Posted July 19, 2015 Share Posted July 19, 2015 I read somewhere on the Net that a team of astronomers are going to Greece soon to study first-hand that developing Earth-based Black Hole. Link to comment Share on other sites More sharing options...
i claudius Posted July 19, 2015 Share Posted July 19, 2015 Thank the Lord us Brits never joined it. At the time we were told we were doomed if we didn't ,just like they keep telling us we are doomed if we leave the EU ,didn't believe them then ,don't believe them now You British keep yourself closing of from the world on your island. Brittisness is getting like Thainess. Yes ,lucky arnt we . Link to comment Share on other sites More sharing options...
StefanoS Posted July 19, 2015 Share Posted July 19, 2015 Hi i am italian, and my country change shape ,colors,dialets and foods,every 7 miles.How the italians can be unified? i left from my country ,since 1993, because hidden powers generate income from centuries,corruption is just the iceberg visible.,how the rules,of the unified Italy, can regulate the italians? 24 different Europeans languages spoken, are enougth to say,we will never be EU? Euro is ,la peggiore idea,to start the european union.Think first ,history,education,civilization,politcs,laws than, economies. Since when we know that , south Europe differ from north, how we can manage same currency and living costs? Big mistakes,change the future of many generations to come,but the euro will be the resource for many,why? Euro was born to double the costs ,create debitors, with eternal rates to pay.With the collapse of industrial production and trade,the debit is the only way,to make profict.Greece have 60 years ahead of spreading debts with low quality life. its not a great prospective. Sorry about my,english . Ciao Link to comment Share on other sites More sharing options...
green job Posted July 19, 2015 Share Posted July 19, 2015 Hi i am italian, and my country change shape ,colors,dialets and foods,every 7 miles.How the italians can be unified? i left from my country ,since 1993, because hidden powers generate income from centuries,corruption is just the iceberg visible.,how the rules,of the unified Italy, can regulate the italians? 24 different Europeans languages spoken, are enougth to say,we will never be EU? Euro is ,la peggiore idea,to start the european union.Think first ,history,education,civilization,politcs,laws than, economies. Since when we know that , south Europe differ from north, how we can manage same currency and living costs? Big mistakes,change the future of many generations to come,but the euro will be the resource for many,why? Euro was born to double the costs ,create debitors, with eternal rates to pay.With the collapse of industrial production and trade,the debit is the only way,to make profict.Greece have 60 years ahead of spreading debts with low quality life. its not a great prospective. Sorry about my,english . Ciao You mention shape....... Why is Italy shaped like a boot?? You cant get that much sxxx in a shoe Only a joke ok Link to comment Share on other sites More sharing options...
Baerboxer Posted July 19, 2015 Share Posted July 19, 2015 Thank the Lord us Brits never joined it. At the time we were told we were doomed if we didn't ,just like they keep telling us we are doomed if we leave the EU ,didn't believe them then ,don't believe them now You British keep yourself closing of from the world on your island. Brittisness is getting like Thainess. Xenophobic nonsense. Without Britain mainland Europe would be a German Empire.............. and could have been twice already. Link to comment Share on other sites More sharing options...
i claudius Posted July 19, 2015 Share Posted July 19, 2015 Thank the Lord us Brits never joined it. At the time we were told we were doomed if we didn't ,just like they keep telling us we are doomed if we leave the EU ,didn't believe them then ,don't believe them now You British keep yourself closing of from the world on your island. Brittisness is getting like Thainess. Xenophobic nonsense. Without Britain mainland Europe would be a German Empire.............. and could have been twice already. They way they are going it could be third time lucky , but we will not be part of it . Link to comment Share on other sites More sharing options...
Naam Posted July 19, 2015 Share Posted July 19, 2015 Thank the Lord us Brits never joined it. At the time we were told we were doomed if we didn't ,just like they keep telling us we are doomed if we leave the EU ,didn't believe them then ,don't believe them now You British keep yourself closing of from the world on your island. Brittisness is getting like Thainess. Yes ,lucky arnt we . Brits are not only lucky because they own the common wealth of important populous nations but also because they invented some sort of beer served lukewarm without foam, bitter orange marmalade and in one of the territories they conquered centuries ago a delicious speciality (rare and costly as Caspian caviar) is produced. the delicacy is called "haggis". however, their claim that they invented something with "mites" is unjustified. the tiny little buggers "mites" exist since millions of years in all areas of this planet. Link to comment Share on other sites More sharing options...
i claudius Posted July 19, 2015 Share Posted July 19, 2015 You just can't beat that marmalade,even though many have tried,its like marmite,its the best,unlike that pretender Vegamite(although I must admit when we could not get marmite the wife thought it was quite nice) but then she is Thai, lol Link to comment Share on other sites More sharing options...
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