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USD vs Pound sterling vs Euro 💶

Page 3 of 3

posted on 26/9/22

I think that’s satire of a Tory.

posted on 26/9/22

comment by Cinciwolf---throwing money around like confetti (U11551)
posted 1 minute ago
So have Tory voters finally accepted blame for this catastrophe?
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Good one.

posted on 26/9/22

Funny how nobody is talking about the Rouble which at one stage today was up over 200% vs the Euro since the lows of the start of the war. Our sanctions are hurting Russia though.

posted on 26/9/22

comment by Vladimikel Artutin - committing war crimes against football since 2019 (U18355)
posted 4 minutes ago
Funny how nobody is talking about the Rouble which at one stage today was up over 200% vs the Euro since the lows of the start of the war. Our sanctions are hurting Russia though.
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Looked at the gas and oil price? While India and China buy their oil they have plenty of income. What that income can buy however is another matter under sanctions.

posted on 26/9/22

comment by Devonshirespur (U6316)
posted 2 hours, 28 minutes ago
comment by Rosso out here drippin’ in finesse (U17054)
posted 7 minutes ago
comment by Ladmin We Win (U1250)
posted 3 seconds ago
Wait, the pound dropped because the government announced a 45bn tax reduction. Yet people still complain. Government cannot win, can they.
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The general public wasn’t asking for tax cuts.

They were asking for the government to address a cost of living crisis which is busy driving 2 million more Brits into poverty, and threatening the lives of many hundreds of thousands of elderly and vulnerable people across the nation.
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Does taking less tax out of peoples pockets help in "addressing the cost of living crisis" coupled with other measures such as energy price cap and a range of one off payments.

Tax cuts have a different purpose, an attempt to keep the country's economy going at a time when a bad recession is being forecast. Ultimately, everything is going up so people also need more money to spend just to keep affording what they currently do. The Govt can do little about the price of many items in the basket of goods, especially where we are so reliant on imports, but they can take less money from you.
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If they wanted to help those who really need it, they’d have raised the income tax threshold rather than cutting the top rate.

The Resolution Foundation has crunched the numbers and with inflation factored in, the income tax and NI adjustments are going to see everyone but the top 10% worse off next year. And surprise, surprise, the top 10% will be better off again, resulting in a further widening of the wealth gap and further bad news for the economy (because as we know, if you want to drive growth, you put more money in the pockets of society’s worst off).

Here’s a list of countries in Europe with higher top rates than the UK:

Finland, Iceland, Denmark, Austria, Sweden, Belgium, Netherlands, Ireland, Portugal, Spain, Luxembourg, France, Germany

And here’s a list of those with lower top rates than the UK:

Poland, Cyprus, Malta, Latvia, Slovakia, Estonia, Lithuania, Hungary, Romania, Bulgaria.

Seem like the Tories want to see the UK follow the examples of the second group, rather than the former.

posted on 26/9/22

comment by Jenius99 (U4918)
posted 13 minutes ago
comment by Vladimikel Artutin - committing war crimes against football since 2019 (U18355)
posted 4 minutes ago
Funny how nobody is talking about the Rouble which at one stage today was up over 200% vs the Euro since the lows of the start of the war. Our sanctions are hurting Russia though.
----------------------------------------------------------------------

Looked at the gas and oil price? While India and China buy their oil they have plenty of income. What that income can buy however is another matter under sanctions.
----------------------------------------------------------------------
Rubbish really, their currency is booming which means they have stronger buying power than the Western world than they did at the start of the war. Who do you think countries like China and India would prefer to sell to with that in mind?

posted on 26/9/22

comment by Rosso out here drippin’ in finesse (U17054)
posted 8 hours, 37 minutes ago
comment by Silver (U6112)
posted 4 minutes ago
comment by Rosso out here drippin’ in finesse (U17054)
posted 7 minutes ago
comment by Boy From The South (U3979)
posted 2 minutes ago
I'm all for low taxes but boy have they fvcked it.
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Nigh on 80 years since the end of WWII, and I’d say there’s more than ample evidence to add low taxation to the list of stupid politico-economic ideas.

Nationalistic unilateralism - stupid
Erecting trade barriers - stupid
Emaciating healthcare provision and social safety nets - stupid
Low infrastructure investment - stupid
Privatisation of critical utilities - stupid
Unprogressive personal taxation - stupid
Enabling growth of wealth divide - stupid
Year after year of real terms pay cuts for bottom half - stupid
Deregulation of financial services sector - stupid

All facking stupid as demonstrated by nearly a century of empirical evidence. Shiiiit for the economy, shiiiit for the social fabric of the country, all supported by the Tories
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Although somewhat ironically for a thread comparing the dismal pound to the dollar that list pretty much describes the good ol' USA, right?
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Certainly describes the Republicans.
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Yeah just missing electing a fackin filthy cheating low down despicable crook like Trump as commander in chief

posted on 26/9/22

But that's what you get from pig-shit thick dumbass redneck Americans...most of which have never travelled outside their county border let alone abroad

posted on 26/9/22

comment by Vladimikel Artutin - committing war crimes against football since 2019 (U18355)
posted 1 hour, 22 minutes ago
comment by Jenius99 (U4918)
posted 13 minutes ago
comment by Vladimikel Artutin - committing war crimes against football since 2019 (U18355)
posted 4 minutes ago
Funny how nobody is talking about the Rouble which at one stage today was up over 200% vs the Euro since the lows of the start of the war. Our sanctions are hurting Russia though.
----------------------------------------------------------------------

Looked at the gas and oil price? While India and China buy their oil they have plenty of income. What that income can buy however is another matter under sanctions.
----------------------------------------------------------------------
Rubbish really, their currency is booming which means they have stronger buying power than the Western world than they did at the start of the war. Who do you think countries like China and India would prefer to sell to with that in mind?
----------------------------------------------------------------------
Buying power requires someone to sell to you m8. America has made it very clear any country does will receive heavy sanctions in return by being excluded by the biggest market in the world. USA.

posted on 26/9/22

The dollar may be doing well currently (the global currency) but ultimately it's still lost over 98% of it's value since it's inception.
We're currently living through the last gasps of the current financial system, a system that died in 2008 but through more printing and historically low interest rates 'they' have kept it alive...............until the completely coincidental pandemic came along? Then a fuel crisis? A supply chain crisis? ......and finally a war with Russia?

Store yourselves some food.

comment by Chronic (U3423)

posted on 26/9/22

maf the demise of the £ is similar to West Ham's demise which will land them in the lower leagues next season

at least the pound was once good though

posted on 26/9/22

Surely a weak pound is great for export. A shame the UK doesn't make much to export anymore though. You need a strong manufacturing industry like the Germans have. Your country have been facked by the Torry policies with their deindustrialization policies in the 80s.

posted on 26/9/22

I own property in the UK and send money across. Result for me right now.

posted on 27/9/22

comment by Boca Seniors (U19731)
posted 16 minutes ago
Surely a weak pound is great for export. A shame the UK doesn't make much to export anymore though. You need a strong manufacturing industry like the Germans have. Your country have been facked by the Torry policies with their deindustrialization policies in the 80s.
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Rise in energy prices, wages and transportation makes manufacturing in the UK is not a profitable business

posted on 27/9/22

comment by Jenius99 (U4918)
posted 5 hours, 24 minutes ago
comment by Vladimikel Artutin - committing war crimes against football since 2019 (U18355)
posted 1 hour, 22 minutes ago
comment by Jenius99 (U4918)
posted 13 minutes ago
comment by Vladimikel Artutin - committing war crimes against football since 2019 (U18355)
posted 4 minutes ago
Funny how nobody is talking about the Rouble which at one stage today was up over 200% vs the Euro since the lows of the start of the war. Our sanctions are hurting Russia though.
----------------------------------------------------------------------

Looked at the gas and oil price? While India and China buy their oil they have plenty of income. What that income can buy however is another matter under sanctions.
----------------------------------------------------------------------
Rubbish really, their currency is booming which means they have stronger buying power than the Western world than they did at the start of the war. Who do you think countries like China and India would prefer to sell to with that in mind?
----------------------------------------------------------------------
Buying power requires someone to sell to you m8. America has made it very clear any country does will receive heavy sanctions in return by being excluded by the biggest market in the world. USA.
----------------------------------------------------------------------
I have to disagree j99.

I believe India purchased something like £300mil worth of oil from Russia since the Ukrainian conflict, whereas, Europe bought half a trillion dollars worth of gas and oil in the same period

posted on 27/9/22

And also China.. not a bug amount.

posted on 27/9/22

“Buying power requires someone to sell to you m8. America has made it very clear any country does will receive heavy sanctions in return by being excluded by the biggest market in the world. USA.”

You just mentioned that China and India are purchasing gas and oil from Russia yet the west has no sanction on either country. How could they anyway? No country in the world exports more to America than China for example. You think that’s going to change any time soon?

posted on 27/9/22

comment by Vladimikel Artutin - committing war crimes against football since 2019 (U18355)
posted 39 minutes ago
“Buying power requires someone to sell to you m8. America has made it very clear any country does will receive heavy sanctions in return by being excluded by the biggest market in the world. USA.”

You just mentioned that China and India are purchasing gas and oil from Russia yet the west has no sanction on either country. How could they anyway? No country in the world exports more to America than China for example. You think that’s going to change any time soon?
----------------------------------------------------------------------
Companies sell good m8 not countries. Thats who the sanctions apply against.

posted on 27/9/22

comment by Kingdom of Davids (U21957)
posted 7 hours, 7 minutes ago
comment by Jenius99 (U4918)
posted 5 hours, 24 minutes ago
comment by Vladimikel Artutin - committing war crimes against football since 2019 (U18355)
posted 1 hour, 22 minutes ago
comment by Jenius99 (U4918)
posted 13 minutes ago
comment by Vladimikel Artutin - committing war crimes against football since 2019 (U18355)
posted 4 minutes ago
Funny how nobody is talking about the Rouble which at one stage today was up over 200% vs the Euro since the lows of the start of the war. Our sanctions are hurting Russia though.
----------------------------------------------------------------------

Looked at the gas and oil price? While India and China buy their oil they have plenty of income. What that income can buy however is another matter under sanctions.
----------------------------------------------------------------------
Rubbish really, their currency is booming which means they have stronger buying power than the Western world than they did at the start of the war. Who do you think countries like China and India would prefer to sell to with that in mind?
----------------------------------------------------------------------
Buying power requires someone to sell to you m8. America has made it very clear any country does will receive heavy sanctions in return by being excluded by the biggest market in the world. USA.
----------------------------------------------------------------------
I have to disagree j99.

I believe India purchased something like £300mil worth of oil from Russia since the Ukrainian conflict, whereas, Europe bought half a trillion dollars worth of gas and oil in the same period
----------------------------------------------------------------------
Yes. Unfortunately we all know how the Eastern Block is totally dependant on Russian oil and gas. Italy and Germany as well but at least Germany is trying to find alternative means. But with winter coming?

It was an easy out to say its China and India because there is no way to pressure or in fact no body should with huge populations unless the US wants to destabilise 'most' of the world. But both India and China are pushing Putin to end this.

posted on 27/9/22

comment by Jenius99 (U4918)
posted 5 minutes ago
comment by Vladimikel Artutin - committing war crimes against football since 2019 (U18355)
posted 39 minutes ago
“Buying power requires someone to sell to you m8. America has made it very clear any country does will receive heavy sanctions in return by being excluded by the biggest market in the world. USA.”

You just mentioned that China and India are purchasing gas and oil from Russia yet the west has no sanction on either country. How could they anyway? No country in the world exports more to America than China for example. You think that’s going to change any time soon?
----------------------------------------------------------------------
Companies sell good m8 not countries. Thats who the sanctions apply against.
----------------------------------------------------------------------
Which is why sanctions are working but Putin has enough political capital to last into next year at least. Though he is rumoured to be backtracking on conscription.

posted on 27/9/22

‘Significant monetary policy response’ to come, Bank of England chief economist says

No sheet Sherlock.

posted on 28/9/22

comment by Robb Eriksen (U22716)
posted 2 days, 11 hours ago
I remember when it was $2USD to £1. Glory days 🇬🇧
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I think if was $2.2 to the pound in the 1970s. You know the bad old days the Tories keep telling us all about.

comment by bomdia (U13941)

posted on 3/10/22

comment by Sheriff JW Pepper (U1007)
posted 1 week ago
Speak to Culer...he'll have a strategy out of this
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He is busy talking with the Chancellor. Asking if he wants fries with that.

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