25% of Britains GDP slowly being poured down the drain ...

[fillyboy]

Me too. My house in France is worth at least 40% more, ignoring all other influences, by the time I convert my assets in euros back to pounds, if I ever wanted to, or for my heirs.

I'd sell it quick if I were you.

 

[Mottie]

Me too. My house in France is worth at least 40% more, ignoring all other influences, by the time I convert my assets in euros back to pounds, if I ever wanted to, or for my heirs.

Same as our place in Spain although we don’t depend on that to live in. It’s a frivolity, a bit of fun and not an investment.

 

[Scarlet Pimpernel]

Same as our place in Spain although we don’t depend on that to live in.

It will depend on when you bought.
Early 2000's and the exchange was above 1:60.
By 2010, it was about 1:10
Now, by the time it's been exchanged, you're lucky to get above parity.

 

[Scarlet Pimpernel]

I'd sell it quick if I were you.

Nonsense, apart from the fact that I have no reason or intention to sell it, with the pound still deteriorating, it makes sense to wait, even if I was thinking about selling.

 

[fillyboy]

It will depend on when you bought.
Early 2000's and the exchange was above 1:60.
By 2010, it was about 1:10
Now, by the time it's been exchanged, you're lucky to get above parity.

View attachment 222812

And there, staring you in the face, is the reason the Euro is doomed to failure. It's over valued and at least half of the countries in the eurozone would, if they could, devalue. It would put them on a stronger footing and reduce national debt. But they can't, they're trapped, and the national debts are getting bigger, and bigger, except for Germany of course.

 

[gasbanni]

Thank God we didn’t join the Euro.

No my dear chap thank Gordon Brown he thwarted that cretin Blair.

 

[gasbanni]

She was bang on the money, mounting indebtedness in the Southern European countries to Germany to keep the Euro going is what will bring down the Euro.

Quite correct I watched it she was spot on. Is the EU going to implode or explode ?
They be queuing up to come under the umbrella of the United Kingdom !

 

[ajohn]

And there, staring you in the face, is the reason the Euro is doomed to failure. It's over valued and at least half of the countries in the eurozone would, if they could, devalue. It would put them on a stronger footing and reduce national debt. But they can't, they're trapped, and the national debts are getting bigger, and bigger, except for Germany of course.

You only need to talk to people who go on holiday. Graphs aren't needed. At one point Germans found the UK rather expensive. Now they don't. At one point UK people found holidays in mainland Europe cheap ......................

Fill that in yourself.

 

[fillyboy]

You only need to talk to people who go on holiday. Graphs aren't needed. At one point Germans found the UK rather expensive. Now they don't. At one point UK people found holidays in mainland Europe cheap ......................

Fill that in yourself.

Aye, two week package holiday in Benidorm, all you can drink, watch a few bull fights, buy loads of straw donkeys and still come home with change out of two hundred quid.

 

[Notch7]

reason the Euro is doomed to failure

"The Euro is too strong so it must be doomed to failure".....great thinking

 

[fillyboy]

"The Euro is too strong so it must be doomed to failure".....great thinking

Please don't take my word mate, read what all the economists have to say. It's complicated, you might not understand it.

 

[JohnD]

all the economists

start by showing us one article from your favourite reputable source.

 

[noseall]

start by showing us one article from your favourite reputable source.

Please, not the DM filly.....

 

[Notch7]

Please don't take my word mate, read what all the economists have to say. It's complicated, you might not understand it.

Yeah they all say it's not true....just brexers desperate for validation.

 

[Scarlet Pimpernel]

No. There are many on here who take glee over any setback, they take pure delight if we have a slight fall in exports and they literally come in their panties with joy if we have a higher covid death rate than our neighbours.
.... I find it quite sickening.

One has to laugh at fillyboy's hypocrisy:

And there, staring you in the face, is the reason the Euro is doomed to failure. It's over valued and at least half of the countries in the eurozone would, if they could, devalue. It would put them on a stronger footing and reduce national debt. But they can't, they're trapped, and the national debts are getting bigger, and bigger, except for Germany of course.

the cheese and garlic eating surrender monkey customs officers .... That's a frog customs officer acting like a ***t.

He takes pure delight in his fantasy and he literally comes in his panties with joy if there's the slightest possibility that his fantasy is relevant to the discussion.
And his blatant insults and disrespect for foreigners illustrates his rampant xenophopic mindset.
I find his hypocrisy quite sickening..