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petkow (Offline)
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Default 26-03-2010, 14:48

But spare a thought for those of us who have property, investments and other interests tied up on that little island! I am back in the UK at the moment, and thinking in Euros, everything seems so cheap at the moment. The problem is the pounds that I live off here, are the same saved pounds that I had when they were worth almost 40% more!

The Pound-Euro parity (almost) is shocking! From what I was listening to yesterday, it's still got a long way more to fall! It sounds terrible, but all I can hope for now is that the PIGS* of the Euro zone will push the Euro down a bit as well! Fingers crossed!

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bylo (Offline)
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Default 26-03-2010, 21:49

Quote:
Originally Posted by petkow View Post
But spare a thought for those of us who have property, investments and other interests tied up on that little island!
Actually I know how you feel. I have investments in the US. That was a smart thing to do when the CA$ was worth US$0.62 a few years ago. Now it's up to US$0.98 and is expected to go even higher.


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