Has annyone else noticed the increased price of TM guns, the TM Thompson is about £240 now and the M14 is over £300.
Same as the clones from dealers, it's all to do with the exchange rate, dealers buy in dollars so thats the reason, if you look even BBs have gone up aswell
Nothing we can do but take it on the chin
Is it coz I is Welsh
Welsh and proud
Your all fekin bonkers
Yep the world works around the USD so we all lost about 1/3 of our savings.
Free speech is expensive these days!
Yep the world works around the USD so we all lost about 1/3 of our savings.
you have no idea how glad i am that we dont have any savings left.......... i was worried there for a moment
Yep the world works around the USD so we all lost about 1/3 of our savings.
you have no idea how glad i am that we dont have any savings left.......... i was worried there for a moment
sa-vings? What is this sa-vings, of which you speak? My people have no knowledge of such a concept!
so we all lost about 1/3 of our savings
Get away with you Oddball! Your savings are still there pound for pound (assuming it's in a British institution).
A falling pound is good for the country at the moment as we need every bit of help to export (UK being a net importer with a colossal balance of trade deficit) and need a disincentive to import. So, a higher price for an AEG is good, if it is a barrier to buying. Fewer people buying overseas holidays is good as cash stays within this country.
Rejoice that TM guns are dearer! (Heh, I'm not going to win any friends, am I?!!)
Does it also mean that the TM guns I already own have gone up in value?
Good point Rich - yes, in theory. Trouble is the shortage of spare pounds in pockets has a downward effect on prices (look at how much kit is going for on our forum!) so theoretical gains are wiped out.
so we all lost about 1/3 of our savings
Get away with you Oddball! Your savings are still there pound for pound (assuming it's in a British institution).
I take it you haven't looked at your pension statement recently. Not so bad if you're coming to the end of it, but bloody awful if you're only 5-10 years into it....not that it's any use at that stage.
pension,,, pension,,, ah yes , you mean my dads investment in robert maxwells yacht? i wonder how its going?
Pension funds don't have anything to do with pricing in dollars but more to do with gilts, shares and cash. True, pension fund values have dropped (I've never liked the concept of pension funds - relying on share price gambling, the stock exchange, as a way to secure your future seems barmy) but hopefully share prices in British exporting companies will benefit from a falling pound, should the pension fund be investing in British companies...
Incidentally, it's the other way around - someone 5 or 10 years into a pension fund are OK as long term trends are up. It's those taking their pensions now that are suffering as the current valuations are so low.
chommers you are the allknowing one! i think we should start the chommers agony thread again....
Vorsprung durch Blitzkreig !
Speed, aggression and Hugo Boss
the innocent have nothing to fear......[img][/img]
Heh, I take a keen interest in the pound in my pocket. Well, I don't actually have a pound coin in my pocket as loose change spoils the cut of my jeams, but I do have £5 in my wallet.
And it's mine. Wait, damn, the pound dropped again - OK so £4 of it's mine.
chommers you are the allknowing one! i think we should start the chommers agony thread again....
Just wait till Labour start printing more money you will be able to use it as wallpaper
Cant wait my bedroom needs a face-lift, but can't decide which face Charles Darwin, the Queen or Adam Smith (Smith who ) not even going to mention the £5.
Just for added dimension and effect I can stick it straight over the woodchip should keep the house warmer in the winter or would it be better to just burn it in the fire
What do we export these days I didn't know we made anything still, has Warran increased output
I hope Tony Blair gets on the money one day so I can use it as toilet paper
Free speech is expensive these days!
Heh, here is a secret - Labour have been printing money like billy-o during 2008 (which they could get away with as inflation is low) and I think it's something like £15bn since 2005 but don't quote me!
Still, it's likely in 2009 they will print suidoodles of cash...
Now you know that you can pass on your unwanted notes to me Nigel and save you the pain now!
I will put it to good use guys!
I think I need a bigger hard drive for making videos on, I think I need a 50suidoodlebite sata2.
Free speech is expensive these days!
so we all lost about 1/3 of our savings
Get away with you Oddball! Your savings are still there pound for pound (assuming it's in a British institution).
A falling pound is good for the country at the moment as we need every bit of help to export (UK being a net importer with a colossal balance of trade deficit) and need a disincentive to import. So, a higher price for an AEG is good, if it is a barrier to buying. Fewer people buying overseas holidays is good as cash stays within this country.
Rejoice that TM guns are dearer! (Heh, I'm not going to win any friends, am I?!!)
no and your also talking a bit of economic twaddle.
UK is a net importer , of food goods, clothing, labour ...er ... everything... as you rightly point out . There is no real manufacturing left in the UK ( unlike the 1960's where the I'm backing Britain campaign had some teeth ) , and our ecomonic miracle (laughs at how New Labour took credit for 10 years of benefit from global boom , nothing really to do with them at all) was propped up by invisible earnings from the financial insitiutions and a consumer credit boom, underwritten by rising house prices achieved by ignoring the true rate of inflation .
So now our pound is weak as shit ,exporting isn't helped as we bring less money into the country for our labours, and our £'s buy less of the good we want . Holiday in Cornwall will not an economy re vitalise .No case to answer !
sorry bud .....you know I have the bigger gun on this one !
Oddball's contention was that the world works around the USD so we all lost about 1/3 of our savings, which is a bit of a leap! (But then Oddball thinks the USD is evil! )
UK still has a huge amount of industry that exports - you work for one of them! A devalued pound helps them export. We export at a rate that we want to sell at and that customers want to buy at. Industry doesn't have to lay off workers. An unemployed workforce is a huge drain on the economy.
A devalued pound makes imported goods dearer to us. Chaps complain about the cost of TM guns (for example) and don't buy or delay buying thus cutting imports. Prices rise to a point where UK manufactured goods become economic to sell rather than buying foreign. All good for employers and employees. This mostly works for goods with high labour content and low imported material content of course, and a lot of UK indusrty is like that now in high tech and highly specialised markets. One of my clients manufactures mining telecommunications equipment and a devalued pound is great for them as a good deal of the final price is staff and research costs rather than raw materials. Conversely another client makes street furniture, the bulk the final price is castings imported from Poland - so despite a devalued pound they find exporting difficult still as the net gain is nil.
A bit more exporting and a bit less importing is good for our country! Government has been happy to see industry decline as they looked at the earning power of the financial sector. Until it collapsed like the pack of cards it is. Oh shit, industry not earning and now finance not earning.
What to do? Devalue the pound (meh, the markets did it for us) to bring a bit more cash into the country and keep what money we have circulating within the country (UK holidays for example) as this keeps people employed. Sure we can't buy what we want to buy but hells bells we are in the jaws of a recession!
Dont care about Nigels worries about his savings devaluing , he is considerating emigrating at some point IIRC so his point is valid but unimportant to most others.
Lack of imports would be good, however I suspect you don't realise the extent to which we don't make anything in the UK any more , even a large %age of raw food is imported.
it was a different story in the 60's maybe even as alate as the 80's but now ....now there is so little UK made stuff , or as you point put stuff that is 100% UK made that we can only hope the £ picks up .
if you want to get really interested, what you should ask is why is the £ devaluing, along with the $... whilst the € remains strong. it's faith is our economy that's fallen , not all of Europes. Which brings me back to Browns Economic Mythical ....or is it the fact we are at war with muslims along with the US??? *
* Just thrown in as contentious twaddle..it's nowt to do with the War of Fear