The end of the recession!

ilmaestro said:
Only thing I'm interested in is when will the £ start to go back up against the ¥
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It had better be before summer...:(

I haven't seen it languishing this low for such a sustained time before. Usually it at least bounces around a little.

R
 
Yeah, a few months ago you could get lucky and catch it 10-15 yen or so higher, now you're stuck in the mid-140s like it or not. :(

Still haven't sorted out my summer plans, but if I'm not going to Vegas for EVO, then I'll be in Japan, too, so I would second that call of hoping it gets sorted in the next six or seven months.
 
It seems that any bad news anywhere seems to leave a negative effect on the £-$ exchange. Still, hopefully the technical significance of this news might make attitudes in the City a little more sanguine, should such a thing be a creditable possibility.
 
I hope the pound sterling doesn't recover! Mainly because it's affects the price of the stuff I buy in the UK, but also because it's time the UK joined the euro :]
 
Never made a big difference to me personally, but it's good news all the same.
CitizenGeek said:
I hope the pound sterling doesn't recover! Mainly because it's affects the price of the stuff I buy in the UK, but also because it's time the UK joined the euro :]
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As much as I agree with you, I don't see it happening for a long time (if it does happen).
 
Perhaps my shop takings will go up 0.1% as a result. Excuse me if I don't jump for joy.

CitizenGeek said:
I hope the pound sterling doesn't recover! Mainly because it's affects the price of the stuff I buy in the UK, but also because it's time the UK joined the euro :]
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I'd like the UK to join the Euro, but I'd also like the Euro to stop being such a faceless, culture-less currency. Let's have some real people and places of historical importance to Europe on the banknotes for a start, rather than imaginary buildings. The Euro seems to have been designed to appeal to everyone through it's bland, inoffensive, lacking-in-substance niceness... like Tony Blair and David Cameron.
 
I don't want us to join the Euro because I will be worse off for it because I import lots. Plus I don't see why we even need to join the Euro. Why should the UK give up the ability to set its' own interest rates? I'm loving the low interest rates at the moment; saving me £80 off my monthly mortgage bill which I am putting towards paying off the capital faster.
 
Mutsumi said:
Why should the UK give up the ability to set its' own interest rates?
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Why shouldn't England have it's own interest rates and currency? Why not Yorkshire? Why not each town in Yorkshire? Because the EU is evolution not devolution. Smaller entities amalgamate into larger ones, cutting out the crap in the process and all the time and money wasted on having separate governing bodies for each country. I wonder why so many people think that Britain is just the right size to have it's own government; That to cut it up into smaller parts would be bad (which it would actually, because it would mean more money pissed away on politicians and bureaucrats), and that it would also be bad for it to be part of a larger entity? Is England too cold and Europe too hot?
 
ayase said:
Because the EU is evolution not devolution.
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The EU is totally non-democratic also. So, the people who pull the shots are totally unelected.

We only actually elect Members of the European Parliament, who can't even force amendments to legislation put forth by the Commision/Council. The Parliament have no real power at all.

The Commision has had issues with the corruption in the past.

The English Legal System said:
The reputation of the Commission was serious damaged in 1999 when an independant report found evidence of fraud, mismanagement and nepotism, forcing all the Commissioners to resign
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The EU is a bad thing. Don't be fooled into believing otherwise. Giving a few individuals power over so many countries is a very bad idea.

If you want to know more about the power the EU has, i'm more than happy to send you the notes I have, or explain it to you. Just PM me about it.
 
ayase said:
Mutsumi said:
Why should the UK give up the ability to set its' own interest rates?
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Why shouldn't England have it's own interest rates and currency? Why not Yorkshire? Why not each town in Yorkshire? Because the EU is evolution not devolution. Smaller entities amalgamate into larger ones, cutting out the crap in the process and all the time and money wasted on having separate governing bodies for each country.
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World Government conspiracy! Get him! He helped Lizard Jew George Bush plan 9/11!
 
Ryo Chan said:
it won't we'll be back in recession by April

not being negative, just realistic
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Why do you say that? I see higher trading volumes in the last month, so hopefully it lasts.
Maybe the out of recession is when thigns gets a bit better, many companies have a pre-defined budget for the year, which many of them were saving just in case. Now, they are likely to spend it before the new fiscal year hits, simply because if you didn't use your whole last year budget, it means we can reduce your budget.

I hope this generates revenue in the services market, which will fill the gap left by the surplus retail created over the holidays period. Also, bonuses are being paid in Jan / Feb.
 
Oh gawd... not this again. This is about the recession, not joining the EU. It was all fine until we got onto the Euro... ;)

Well, I hope some things will remain at least reasonably cheap since I'm not a major importer myself. So I'd rather have things on my "own turf" still be available for the right price. My only interest in the strength in the pound is to say "we need less notes/coins to pay for our stuff than you." Must be a pride thing.
 
Chaz said:
Oh gawd... not this again. This is about the recession, not joining the EU. It was all fine until we got onto the Euro... ;)
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Ditto off topic post is off topic

plus go to M&S more often, you can buy your bread with euro's there
 
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