 Poster: A snowHead
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| leggyblonde wrote: |
| @sugardaddy, Doesn't China produce much of it's raw materials too though? From what I understand, many of the UK's manufacturers have to buy their raw material from overseas which negates the positive effects of selling with a weak pound. |
Think you should tell that little gem to BoJo. 
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Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
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@leggyblonde, It should dampen the effect but most of the value should be in the manufacturing process.
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Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
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@sugardaddy, That does makes sense.
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You need to Login to know who's really who.
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01/11/2019 08:00 (CET) the spot exchange rate is 1GBP = 0.85 EUR
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Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
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| stanton wrote: |
| 01/11/2019 08:00 (CET) the spot exchange rate is 1GBP = 0.85 EUR |
Wrong 91 cents im being offered & thats out of bankimg hours. So prob nearer 93 or 94 cents.
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You'll need to Register first of course.
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| Mr.Egg wrote: |
| stanton wrote: |
| 01/11/2019 08:00 (CET) the spot exchange rate is 1GBP = 0.85 EUR |
Wrong 91 cents im being offered & thats out of bankimg hours. So prob nearer 93 or 94 cents.
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Wrong way round - it's 1/0.9116 = 1.07 . A long way from 0.85!!
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@Mr.Egg, he's predicting the future for 1/11
Must have been a slow news day
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And from Bloomberg (can't be harrised to upload and post a screenshot)
GBPEUR:CUR
GBP-EUR X-RATE
1.0966EUR +0.0019 +0.17%
So I wasn't far out!!
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You'll get to see more forums and be part of the best ski club on the net.
You'll get to see more forums and be part of the best ski club on the net.
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| PaulC1984 wrote: |
@Mr.Egg, he's predicting the future for 1/11
Must have been a slow news day |
Nigel has made so many wacky predictions in this 3 year old thread he is bound to be right at least once (hopefully his 01/11 prediction will be 100% wrong ….!)
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Could go lower if/when trouble breaks out in NI and rioting in England....
Airbus.Nissan plus many others will move that is a given..
Nissan have been scouting out sites in the EU for the past 3 years..
I would seriously not touch Sterling ...Only the Sell button
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snowHeads are a friendly bunch.
snowHeads are a friendly bunch.
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And love to help out and answer questions and of course, read each other's snow reports.
And love to help out and answer questions and of course, read each other's snow reports.
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@albob, Sterling will be techically a western junk status currency on no deal...
5.5bn in is peanuts to 550bn out
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@martinm,
haha - oops - it had been a long day 
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You know it makes sense.
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| stanton wrote: |
@albob, Sterling will be techically a western junk status currency on no deal...
5.5bn in is peanuts to 550bn out |
and when the recession hits the EU hard, the Euro will cease to exist. There be rioting in France & Germany to return to franc & the deustche mark so they dont have to bail out the Med countries.
All those med countries with debt more than GDP will be defaulting on their debts. Same for italy, spain, greece - to return to the lira, pes. & drachma as the Euro only increases inflation for them as they try to keep up with richer western europe countries.
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Otherwise you'll just go on seeing the one name:
Otherwise you'll just go on seeing the one name:
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| stanton wrote: |
@albob, Sterling will be techically a western junk status currency on no deal...
5.5bn in is peanuts to 550bn out |
It is indeed peanuts - but it shows the confidence they have in the UK
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Poster: A snowHead
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| stanton wrote: |
Could go lower if/when trouble breaks out in NI and rioting in England....
Airbus.Nissan plus many others will move that is a given..
Nissan have been scouting out sites in the EU for the past 3 years..
I would seriously not touch Sterling ...Only the Sell button |
Post Brexit I doubt the UK consumers will bother with Nissan, Toyota, Honda, Suzuki, it's as though Japanese Car manufacturers have decided to not just pull out of the UK, but also to write off the UK consumers as a whole. Bye-bye Japanese goods in the UK. So sorry Susuki-san, sushi no longer cuts the wasabi!
I'd put money on a "new" "I'm Backing Britain" initiative to be introduced.
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Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
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The Pound Euro exchange rate is likely to remain subdued this week as UK-EU Brexit negotiations are showing no signs of progression on securing a withdrawal agreement
Meanwhile the British PM is flying to France & Germany with no New Plan or Strategy all he is doing is just wasting UK Taxpayers money... The answer will be the same from the EU "where is your alternative plan"?
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Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
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| skimastaaah wrote: |
| Post Brexit I doubt the UK consumers will bother with Nissan, Toyota, Honda, Suzuki, it's as though Japanese Car manufacturers have decided to not just pull out of the UK, but also to write off the UK consumers as a whole. |
latest SUV sales show declining demand for non premium brand autos a la Kia, nissan honda etc while the premium brands push into compact SUVs are also reducing market shares. Expect the Japanese to retreat regardless.
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You need to Login to know who's really who.
You need to Login to know who's really who.
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| stanton wrote: |
The Pound Euro exchange rate is likely to remain subdued this week as UK-EU Brexit negotiations are showing no signs of progression on securing a withdrawal agreement
Meanwhile the British PM is flying to France & Germany with no New Plan or Strategy all he is doing is just wasting UK Taxpayers money... The answer will be the same from the EU "where is your alternative plan"? |
That's the point...…….. the EU have been so intransigent for the past three years insisting on implementing a "NI Backstop" which in reality is an "open backdoor" for the EU to smuggle into the UK without paying appropriate Import Duties.
It's now "get-real-time" for the EU. BoJo is just going to let Merkel and Macron have a direct message...…. scrap the "Backstop", look at the UK controlled alternatives, Varadker has been in favour of a EU controlled border with NI and he continues to reject anything else. This is against the Good Friday Agreement to have a Northern Ireland effectively in the EU's single market for goods. No-one in NI has been able to vote for this, it's undemocratic, and an imposition on both the UK and NI. Little wonder there should be an alternative and temporary arrangement, for example like the "mutual rules recognition" by adapting a single customs territory approach.
BoJo has a lot of support in the UK to get the job done, leave the EU by October 31st with or without a negotiated departure. Judging by the EU Leaders' intransigence they leave BoJo no option. Leave with no deal.
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Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
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Three years of reality has shown the title premise to be a crock .......
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You'll need to Register first of course.
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So far, the two trips I've booked to date are both cheaper than last year, so I'm chuffed 
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You'll get to see more forums and be part of the best ski club on the net.
You'll get to see more forums and be part of the best ski club on the net.
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| skimastaaah wrote: |
That's the point...…….. the EU have been so intransigent for the past three years insisting on implementing a "NI Backstop" which in reality is an "open backdoor" for the EU to smuggle into the UK without paying appropriate Import Duties.
It's now "get-real-time" for the EU. BoJo is just going to let Merkel and Macron have a direct message...…. scrap the "Backstop", look at the UK controlled alternatives, Varadker has been in favour of a EU controlled border with NI and he continues to reject anything else. This is against the Good Friday Agreement to have a Northern Ireland effectively in the EU's single market for goods. No-one in NI has been able to vote for this, it's undemocratic, and an imposition on both the UK and NI. Little wonder there should be an alternative and temporary arrangement, for example like the "mutual rules recognition" by adapting a single customs territory approach.
BoJo has a lot of support in the UK to get the job done, leave the EU by October 31st with or without a negotiated departure. Judging by the EU Leaders' intransigence they leave BoJo no option. Leave with no deal. |
I have been reading these posts with interest to get a view of both sides. Mainly the plan was to lurk and see how both sides view different issues. Whilst what happens with Brexit will clearly have an impact on Ireland, and I may have my opinions, clearly the decision is for you British and NI nationals to make decide upon. The above, however, is clearly inaccurate and does need some clarification:
Firstly, the backstop, which was negotiated by and agreed to by the British Government, is not against the Good Friday agreement. Rather it is there to protect the Good Friday Agreement, a key part of which is "there is no longer any question of an absolute or territorial British claim to sovereignty, without reference to the wishes of the people." As part of the removal of absolute sovereignty, Ireland removed Articles 2 and 3 from our Constitution.
You stage that no one in NI have been able to vote for "this" - I presume you mean the back stop - and that it is undemocratic. Firstly there was a vote - Leave or Remain - in which over 55% of people in Northern Ireland voted to remain. This clear choice (with a higher margin that of England and Wales to leave) has been ignored and with no heed being paid to the Northern Irish vote at all.
You state that it is an imposition on NI and the UK in general - well yes, it is - that imposition was part of the Good Friday Agreement. It is there to allow peace to prevail and ensure stability (it is worth reading Patrick Kielty's explanation as to how leaving has effected the equilibrium of Northern Ireland and the Good Friday agreement).
As for intransigence - either side, I am sure, can state the other are being intransigent. Anyway, I hope to continue to read more interesting perspectives and will return to my lurking but just wanted to clarify the above.
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snowHeads are a friendly bunch.
snowHeads are a friendly bunch.
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And love to help out and answer questions and of course, read each other's snow reports.
And love to help out and answer questions and of course, read each other's snow reports.
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@Dublinfella,
The Backstop is clearly NOT "agreed". May tried to slip this past the House 3 times and failed. BoJo sees it as the great divide between the EU bloc and the UK.
The Referendum was clearly "won" by 17.4 million highly intelligent United Kingdom Brexit voters (which coincidentally include the voters in NI), the Referendum did not have a clause for a Backstop scenario.
And clearly BoJo has been given 30 days to come up with an alternative that has not been reached in over 30 months https://www.msn.com/en-gb/news/brexit/merkel-gives-johnson-30-days-to-find-solution-to-avoid-no-deal-brexit/ar-AAG8t5g?ocid=spartandhp
Given the circumstance that Merkel/Macron are continuing to insist on the continuation of a "soft" and virtually seamless island of Ireland! Because they can effectively "smuggle" into the UK via Eire without paying Import Duty, and using up any quota.
BoJo offering a special deal with Eire, a custom made customs union, a little cosy UK/Eire controlled border simply puts the UK hard border fair and square on the island of Ireland. No wonder Varadker dismisses this as folly.
CLEARLY there is no current solution to the impasse regarding the Irish border.
And I doubt very much that anybody voted for that, never mind 17.4 million intellectuals taken in by the rants of Gove and BoJo …………….. "£350 million per week to the NHS"
Last edited by And love to help out and answer questions and of course, read each other's snow reports. on Thu 22-08-19 16:00; edited 2 times in total
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| Dublinfella wrote: |
[
Firstly, the backstop, which was negotiated by and agreed to by the British Government |
It was negotiated & then rejected in parliament 3x times.
The issue is not about there being a backstop which ties the UK to EU alignment. Its about the removal of the backstop.
i) That there is a Trade Deal (The backstop gives the EU a major advantage in negotiations)
ii) If no Trade deal, then the Backstop remains until a suitable replacement is found/developed - probably around technology.
That basically means UK either end up with an unfavourable trade deal, or no trade deal & still being aligned to EU.
Only someone who wants to remain in the EU would sign up to that & think its a good idea!
| Quote: |
| Firstly there was a vote - Leave or Remain - in which over 55% of people in Northern Ireland voted to remain. |
The referendum was a UK wide referendum. It was not a City one or Country one or Regional one, etc.
Everyone votes once that was a Yes or No vote.
Besides that, NI had the lowest turn out in the referendum. 63% turn out.
So to say 55% of people in Northern Ireland voted to remain is wrong.
350,000 voted to leave
440,000 voted to remain
470,000 did not bother to vote at all
There is a clear winner there by 30,000 eligible voters.
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You know it makes sense.
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The Referendum was years ago, the result is completely irrelevant in 2019. There are several new generations…
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Otherwise you'll just go on seeing the one name:
Otherwise you'll just go on seeing the one name:
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Frau Merkel and Monsieur Macron are dictating the fate of Sterling....
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Poster: A snowHead
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Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
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| stanton wrote: |
| Frau Merkel and Monsieur Macron are dictating the fate of Sterling.... |
Depends how you look at it ………………… Merkel/Macron are certainly dictating the inevitability of a "Hard Brexit" and have now shifted the onus of that inevitability on to a new fall-guy ………… BoJo.
That may well indeed determine the fate of Sterling.
Exchange Rate today ………… £1 = 1.10 Euro
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Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
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| stanton wrote: |
There are several new generations… |
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You need to Login to know who's really who.
You need to Login to know who's really who.
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Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
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rate was £1 = €1.10 when Stanton starting this thread over 3 years ago
Today it is £1 = €1.11
yet he has strung it out to 64 pages 
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You'll need to Register first of course.
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@Dublinfella, Good post
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| Mr.Egg wrote: |
| Today it is £1 = €1.11 |
Again .. This is Frau Merkel dictating the fate of Sterling...
It is still down to UK to come up with a Backstop solution which the EU has been requesting for 3 years..I thought your PM was privately educated at Eton (Dumb in.. Dumber out )?
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| stanton wrote: |
| Again .. This is Frau Merkel dictating the fate of Sterling... |
What, keeping it the same (Again)?
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You'll get to see more forums and be part of the best ski club on the net.
You'll get to see more forums and be part of the best ski club on the net.
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| martinm wrote: |
| stanton wrote: |
| Again .. This is Frau Merkel dictating the fate of Sterling... |
What, keeping it the same (Again)? |
Maybe she has gone long on sterling. So she can bail out her countries looming manufacturing crisis or to stave off recession.
Quite clear germany economy is going to be going through the wringer for the next few months
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I'm about to replace my VW with a Volvo so am doing my bit
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FAQ
