TL/Sterling. What's happened?

Texas


Joined: 22/09/2009
Posts: 634

Message Posted:
02/03/2010 09:14

£1.00 = 2.2888TL 09:14 Tue 2nd March.

malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
02/03/2010 09:18

UK election uncertainty, hung parliament is a possibility according to poll

andrew4232



Joined: 04/07/2009
Posts: 1543

Message Posted:
02/03/2010 10:08

its knackerd

DutchCrusader



Joined: 19/05/2008
Posts: 11281

Message Posted:
02/03/2010 10:15

10.15 Cyprus time: 1 Pound = Euro 1.10 (yesterday: 1.11).

Corbo



Joined: 13/09/2009
Posts: 627

Message Posted:
02/03/2010 10:18

I know it's xxxxed. Sold my Gold too early. Still made 10% profit in a year but if I sold now rather than 7 days ago I would have made another £2 K sterling. Was hoping to buy it back on a drop but I think it may stay high now as the house of cards starts to fall. No point in saving now. The bankers and politicians have shafted most of us.

deecyprus4


Joined: 27/07/2008
Posts: 3452

Message Posted:
02/03/2010 10:19

The thought of another 5 years of Gordon Brown is scaring the hell out of the markets...and me ...

Corbo



Joined: 13/09/2009
Posts: 627

Message Posted:
02/03/2010 10:21

Indeed;it's like a nightmare.

professoregit


Joined: 30/08/2008
Posts: 381

Message Posted:
02/03/2010 10:21

Huge UK GDP deficit, quantitative easing, high unemployment, government running scared not to cut public

spending and increase taxes before election and so on.

DutchCrusader



Joined: 19/05/2008
Posts: 11281

Message Posted:
02/03/2010 10:32

I find most of the posts in this thread very "anti-Brit"...

Corbo



Joined: 13/09/2009
Posts: 627

Message Posted:
02/03/2010 10:35

More anti the tit heads in charge of things..may be the same elsehwere I reckon.

newscoop


Joined: 23/12/2007
Posts: 2197

Message Posted:
02/03/2010 10:35

Hans;



Not anti-Brit



Just anti-Gordon Brown and his cronies and the bleddy EUSSR.

malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
02/03/2010 10:42

I think the reason the sterling is diving is because a hung parliament means whichever government gets in they will have difficulty passing the legislation needed to run the country. The reason there may be a hung parliament is that despite Mr Brown being so unpopular Mr C has failed to inspire confidence that he can do better.

phylray



Joined: 21/09/2007
Posts: 1727

Message Posted:
02/03/2010 10:48

Seems like Mr. Cameron is even more unpopular, and will be even more so when he is in power.

MarkVPiazza


Joined: 14/08/2008
Posts: 530

Message Posted:
02/03/2010 10:59

I get the feeling the Tories don't realy want to win the election.



Whoever wins is going to have to raise taxes, sack civil servants and reduce their pensions, and have five years of hard choices - not an enviable task



From a political perties point of view, it may be better to let the other side take the heat / unpopularity, and thing about five years time.



Gordon Brown for another five years fills me with dread - it seems like Labour always stuff-up the economy, then leave the Tories to clean up the carnage.



Mark

Texas


Joined: 22/09/2009
Posts: 634

Message Posted:
02/03/2010 11:06

Hello Mark



When will £ / TL hit 5?



It's been 4 years now.

Jovial_John


Joined: 31/01/2009
Posts: 1024

Message Posted:
02/03/2010 11:09

Gordon Brown returning for 5 more years may solve Corbo's problem (message 5). Gordon likes to sell UK gold to raise money and with his cack-handed approach last time of announcing how much he would sell and announcing the auction dates he brought gold down to $168 instead of the $1000+ it is today. Maybe if the UK still had that gold it could bail itself out of the current problems - provided of course that someone with a modicum of business sense was in charge of the sale.

eager


Joined: 23/02/2007
Posts: 1272

Message Posted:
02/03/2010 11:18

Was reading last week that George Soros has gambled on the pound and the dollar reaching parity in the not too distant future..ie £1 = 1$. Financial markets very concerned about how Britain will repay its massive debt, the money it has borrowed to stay afloat, and the possibility of losing its triple A credit rating. The goverment are making savage cuts everywhere to save money and reduce the national debt which now stands at 12% of gdp. But as usual it will be the working class who will suffer the most, not looking good for the future, feel sorry for any youngsters trying to make their way in the world over the next 5 years.

deecyprus4


Joined: 27/07/2008
Posts: 3452

Message Posted:
02/03/2010 11:31

GB got our country into the mess it's in...he was chancellor, I know the recession was global but we should have been able to ride through more comfortably...GB sold our country down the river.

MarkVPiazza


Joined: 14/08/2008
Posts: 530

Message Posted:
02/03/2010 11:37

Texas



Another five years of labour and I reckon it to be 5 to 1, i.e £5 = 1 TL ;(

Texas


Joined: 22/09/2009
Posts: 634

Message Posted:
02/03/2010 13:30

Mark.



Have you changed your predictions?

MarkVPiazza


Joined: 14/08/2008
Posts: 530

Message Posted:
02/03/2010 14:11

Texas



I have decided to go into economic forcasting as a profession, as I seem just as hopeless as all the city slickers earning mega bucks for getting things completely wrong ;)

Groucho



Joined: 26/04/2008
Posts: 7993

Message Posted:
02/03/2010 15:15

MVP



Please don't....



The thing about Cameron is, he has no touch-points with the general public. He tries to talk as though he's one of the common people but he simply too hoity-toity to appeal to the man the street on any meaningful level.



As I pointed out some time ago, the current situation would seem to be a poisoned chalice and so although the Tories crave power, they don't want to take on the reins at this time and fail miserably, only to be chucked out in five years time when their promises have failed to materialise...



The Tories selected Cameron because they don't mind him failing... he'll be asked to fall on his own sword at the appropriate juncture and somebody with a bit of real political weight will take over..



I nap Ken Clarke... who's your pick?

mamachina


Joined: 22/11/2008
Posts: 730

Message Posted:
02/03/2010 15:32

Woild Ken want it? I "worked" for him when he first stood for Parliament in Rushcliffe division, a very nice YOUNG man, how time flies!!

MarkVPiazza


Joined: 14/08/2008
Posts: 530

Message Posted:
02/03/2010 15:46

Groucho



I agree with what you say, but Ken Clarke is already 70, so too old for the 2015 election IMO



I think the financial markets will have more to do with UK economic policy than government, whoever comes to power.



The banks now run the western world, but many people don't realise this yet



Mark

jimmy


Joined: 15/09/2008
Posts: 251

Message Posted:
02/03/2010 16:23

"the banks now run the western world, but many people don't realise this yet"........................



so very true





the question is, who owns the banks & the federal reserve ??

Corbo



Joined: 13/09/2009
Posts: 627

Message Posted:
02/03/2010 16:33

the question is, who owns the banks & the federal reserve ??



maybe the answer is in that rather intriguing depressing film title by Bresson in 1977..Le diable probablement (The Devil probably)



http://www.imdb.com/title/tt0075938/

ricky


Joined: 26/01/2009
Posts: 294

Message Posted:
02/03/2010 16:58

Well done for the Brits, why didn't they join the euro in the year 2000...???

Troodo


Joined: 12/06/2008
Posts: 1002

Message Posted:
02/03/2010 17:11

Boris Johnson for PM.

Clarissa2


Joined: 12/06/2009
Posts: 1476

Message Posted:
02/03/2010 18:29

Re: Msg 17,

eager, there were fears that Soros Fund Management are going to sink the euro, same as he sank the pound on Black Wednesday in 1992.

Perhaps if the world is heading to the deepest recession it is not so unwise of Dr.Doom to advise to buy farmland to produce more food?

HildySmith


Joined: 02/07/2009
Posts: 1708

Message Posted:
02/03/2010 19:41

Having just left the UK it appears that Gordon Brown is back on the defensive.

David Cameron is a much better bet for the future - labour has wrecked the country - everything has suffered: Hospitals/NHS, schools/education, armed forces, law and order, etc etc etc

the only thing that seems to have gone well are the expenses claims made by the polititions.

And lets not forget the bonuses paid to MOD staff for sitting at their desks whilst their comrades are at the front risking their lives and paying taxes for the Civil Servants to claim bonuses.

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
02/03/2010 20:01

William Hague would be my choice

Arthur


Joined: 04/11/2008
Posts: 687

Message Posted:
02/03/2010 21:53

Yes..........I liked him with his very trendy baseball cap!!!

Clarissa2


Joined: 12/06/2009
Posts: 1476

Message Posted:
02/03/2010 21:58

Re: Msg 31,



I would opt for Michael Portillo. I know he is more or less retired now.

Groucho



Joined: 26/04/2008
Posts: 7993

Message Posted:
02/03/2010 23:41

I hate to say it but Michael Denzil Xavier Portillo's name sets him apart as simply 'too foreign' for many of the old guard. Let alone his admissions of a same sex relationships nature...

andy-f


Joined: 03/05/2009
Posts: 1256

Message Posted:
02/03/2010 23:59

micheal heseltine is my choice. the best leader the tories never had , i breaks my heart to still see him on question time thirty years after he was in thatchers government , he would have been a great prime minister.



andy

Blackpoolfan


Joined: 03/12/2008
Posts: 1568

Message Posted:
03/03/2010 01:52

andy f

Have you been drinking???? Heseltine his best times were as a puppet on spitting image!!!

Groucho



Joined: 26/04/2008
Posts: 7993

Message Posted:
03/03/2010 05:34

"And lets not forget the bonuses paid to MOD staff for sitting at their desks whilst their comrades are at the front risking their lives and paying taxes for the Civil Servants to claim bonuses."



Eh?

Coachie



Joined: 29/07/2008
Posts: 2135

Message Posted:
03/03/2010 19:29

Groucho...several months ago I said exactly what you have said about the "oldGuard" tories.Cameron is the sacrificial lamb along with his cohort Osbourne. I think the public are wising up to this fact and are looking at the saying "Better the devil you know than the one you dont". Would not surprise me at all if he was re elected. Look at John Major,he had given up on the 92 election but he came through.Funny lot us Brits....

rowlo



Joined: 12/10/2008
Posts: 4796

Message Posted:
03/03/2010 19:38

texas, where have you been mate , the banks are bringing britain to its knees , the country is mismanaged and wide open to any currency that wants to squeeze us , were only a pawn now ?

Groucho



Joined: 26/04/2008
Posts: 7993

Message Posted:
03/03/2010 20:10

BPF



At least Heseltine had honour and resigned over the Westland Affair which he knew was a totally unfair abdication of ministerial responsibility toward British Industry... The MOD had been bought he knew it, as did the Cabinet, and only he was courageous enough not to stand for it. A man of principle but ironically not a team player... he would not tow the party line.



At least he made an interesting Spitting Image puppet...

teatime


Joined: 20/10/2008
Posts: 852

Message Posted:
03/03/2010 22:17

"And lets not forget the bonuses paid to MOD staff for sitting at their desks whilst their comrades are at the front risking their lives and paying taxes for the Civil Servants to claim bonuses."



Old ground and understand what you are talking about before making stupid statements.

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
03/03/2010 22:21

If Maggie was still leader the election would be a forgone conclusion.

jimmy


Joined: 15/09/2008
Posts: 251

Message Posted:
03/03/2010 22:53

careful who you buy ya gold from



http://news.coinupdate.com/largest-private-refinery-discovers-gold-plated-tungsten-bar-0171/

Groucho



Joined: 26/04/2008
Posts: 7993

Message Posted:
04/03/2010 15:59

"If Maggie was still leader the election would be a forgone conclusion"



No but another war might be!

ricky


Joined: 26/01/2009
Posts: 294

Message Posted:
04/03/2010 16:21

Again : Well done for the Brits, why didn't they join the euro in the year 2000...???

Britain was to haughty to do that! When 1GBP = 1 €, maybe they would be forced to still do it...

HildySmith


Joined: 02/07/2009
Posts: 1708

Message Posted:
05/03/2010 17:23

Teatime

The MOD bonus's are well documented - and a damed disgrace

My husband spend 30 years in the military and my Son is currently coming to the end of a 22 years service.

your one-sided view needs to take in other aspects of this subject.

This Government approved these bonus's and they sooner the Government and the bonus's go - the better