Is there any good news .......
Discussion
Jesus what a crap start to the year from an economy perspective - can it get any worse...... 
Can't believe how bad current exchange rates are in relation to the £ versus $, Yen, Euro etc - seriously bad news.
What's everyone else's plans if it stays this way or gets even worse?
I have just decided to knock 2 competiton rounds out today for this year now & if it gets worse will knock out more - we have to see some positive news sometime soon .......
Can't believe how bad current exchange rates are in relation to the £ versus $, Yen, Euro etc - seriously bad news.
What's everyone else's plans if it stays this way or gets even worse?
I have just decided to knock 2 competiton rounds out today for this year now & if it gets worse will knock out more - we have to see some positive news sometime soon .......
The weather will be lovely this year...
That's Sods law coming into play. You cant afford to go racing when it's sunny. You can afford to go racing when that's a monsoon storm.
My temporary solution is: Eat toast every day of the week, with the occasional Mars bar, or perhaps chocolate orange. I really had to cut back on Malteser intake.
On a serious note, it looks a little grim, especially when there's a lot of US sourced bits to be bought. What a difference a year makes.
That's Sods law coming into play. You cant afford to go racing when it's sunny. You can afford to go racing when that's a monsoon storm.
My temporary solution is: Eat toast every day of the week, with the occasional Mars bar, or perhaps chocolate orange. I really had to cut back on Malteser intake.
On a serious note, it looks a little grim, especially when there's a lot of US sourced bits to be bought. What a difference a year makes.
Slinky said:
liner33 said:
Yep i did hear the long term forecast is for a long hot summer
Forecast? Or was that throw a coin onto a list of weather conditions and see which one it lands on?!?! 
That must be an optional extra...
Slinky said:
liner33 said:
Yep i did hear the long term forecast is for a long hot summer
Forecast? Or was that throw a coin onto a list of weather conditions and see which one it lands on?!?! 
trackday addict said:
Jesus what a crap start to the year from an economy perspective - can it get any worse......
Can't believe how bad current exchange rates are in relation to the £ versus $, Yen, Euro etc - seriously bad news.
What's everyone else's plans if it stays this way or gets even worse?
I have just decided to knock 2 competiton rounds out today for this year now & if it gets worse will knock out more - we have to see some positive news sometime soon .......
Try buying stuff from the USA at the moment.1.37 today....Can't believe how bad current exchange rates are in relation to the £ versus $, Yen, Euro etc - seriously bad news.
What's everyone else's plans if it stays this way or gets even worse?
I have just decided to knock 2 competiton rounds out today for this year now & if it gets worse will knock out more - we have to see some positive news sometime soon .......
I'm going to suck it and see.The plan is.....there isn't one..lol
Edited by redvictor on Wednesday 21st January 20:58
the euro visitors will be happy - its getting cheaper here for them!
read today to expect an influx of germans as the UK is a bargain for them at the moment
so thats no sunbeds in 2009 for anyone going to skeggy then
http://uk.youtube.com/watch?v=LuIJqF8av6I
read today to expect an influx of germans as the UK is a bargain for them at the moment
so thats no sunbeds in 2009 for anyone going to skeggy then
http://uk.youtube.com/watch?v=LuIJqF8av6I
Edited by veryoldfart on Wednesday 21st January 21:01
trackday addict said:
It's bloody unreal - over 2.10 about 7 months ago !
Now a german invasion when was the last time we had one of those !
they tried/thought about it a couple of times but each time they get as far as Paris, get the keys to the city and seem to find it hard to go any further....Now a german invasion when was the last time we had one of those !
must be the wine that holds em back
mustnt it?
hello hello..........i was peeeesing by
Edited by veryoldfart on Thursday 22 January 10:38
Lee@LA said:
We could all get a job application form from northern rock, I hear its good money and you get a bonus. lets go racing.
Since I started LA Racing Parts, I have seen the dollar rate go really low in the 1.20's.
yea,a bonus for f^^king up.Sweet....Since I started LA Racing Parts, I have seen the dollar rate go really low in the 1.20's.
dollar is the lowest since 1985.Have you been going longer than that Lee?
thats 10 years ago
To be honest I think things are going to get much worse in 2009 , as well as duff mortgages {both in the US and the UK which had plenty of it's own Ninja mortgages} £b were pumped into massively over geared Private Equity deals like Boots and I expect these to start falling apart by mid year followed by a crisis amongst commercial property companies as half the country is empty and they now still have to pay rates.
The best hope for rescue is that Obama makes the US feel optimistic { dispite the reality} and that sparks a return of confidence and the US drives a global recovery. Even in this case I can't see the £ strengthening against the $ !
Bill
The best hope for rescue is that Obama makes the US feel optimistic { dispite the reality} and that sparks a return of confidence and the US drives a global recovery. Even in this case I can't see the £ strengthening against the $ !
Bill
Sorry no it's not when you get say $2.50 to £1 the £ strong and US parts are cheap, currently it's more like $1.30 to £1 and falling so parts {and trips to the US} start getting expensive. The £1 is weak against everything else at present and although these things are not really predictable I expect it to get worse.
It would be good news if you were exporting stuff to the US but as we don't make anything in the UK any more it's of limited help.
Bill
It would be good news if you were exporting stuff to the US but as we don't make anything in the UK any more it's of limited help.
Bill
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