Go Back   English Forum Switzerland > Help & tips > Finance/banking/taxation  
Reply
 
Thread Tools Display Modes
  #121  
Old 11.10.2016, 16:16
Guest
 
Posts: n/a
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
View Post
Well, as far as I can tell Canada, Switzerland, Holland, Iceland, Ireland, Australia, and Norway haven't started any wars recently, but I am fairly sure you can find more counterexamples.
You mean apart from Serbia, Croatia, Kosovo, Ukraine, Armenia, Azerbaijan, (to name but a few) and the small matter of a couple of world wars?

And lets not even talk about the upsurge in nationalist violence in the UK.
Reply With Quote
  #122  
Old 11.10.2016, 16:18
Treverus's Avatar
Forum Legend
 
Join Date: Dec 2007
Location: Work in ZH, live in SZ
Posts: 11,998
Groaned at 334 Times in 273 Posts
Thanked 22,926 Times in 8,297 Posts
Treverus has a reputation beyond reputeTreverus has a reputation beyond reputeTreverus has a reputation beyond reputeTreverus has a reputation beyond reputeTreverus has a reputation beyond reputeTreverus has a reputation beyond repute
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
View Post
We were warned that the FTSE would fall due to BREXIT, the journalists as always don't have the first understanding of the Issues.

I think a hard BREXIT will give the UK a huge competitive advantage against the rest of the EU, roll it on I say.
That's the key problem with Brexit... pensioners who don't need to care about the long term effects feeling like they are sticking it to the man...


Not sure what is getting sticked where in this case, but if history is something to go by will people on the lower end suffer in some form.
Reply With Quote
  #123  
Old 11.10.2016, 16:19
Phil_MCR's Avatar
Forum Legend
 
Join Date: Oct 2009
Location: Basel
Posts: 14,430
Groaned at 281 Times in 187 Posts
Thanked 18,156 Times in 7,618 Posts
Phil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond repute
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
View Post
"I wonder if the EU really willing to go all the way " The flaw in your comment is that you have fallen for your own propaganda and you believe "the EU" will make any decision.

There is no such thing as "the EU", the decision will be made jointly by the 27 countries, the EU commission and the EU parliament and maybe even the ECJ will be involved; each of those has their own agenda plus the a veto in their hands.
Just look at the challenge May has trying to get her four Brexit Ministers to speak with one voice; imagine the other side with 30 voices to align.
I think you'll find that there is such a thing as the EU

And when I refer to the EU making the decision it is shorthand precisely for all the people and interests on the other side of the negotiating table who need to authorise any deal.
Reply With Quote
This user would like to thank Phil_MCR for this useful post:
  #124  
Old 11.10.2016, 16:19
fatmanfilms's Avatar
The Marmite Moderator
 
Join Date: Apr 2010
Location: Verbier
Posts: 21,008
Groaned at 450 Times in 344 Posts
Thanked 22,302 Times in 11,541 Posts
fatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond repute
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
View Post
"I wonder if the EU really willing to go all the way " The flaw in your comment is that you have fallen for your own propaganda and you believe "the EU" will make any decision.

There is no such thing as "the EU", the decision will be made jointly by the 27 countries, the EU commission and the EU parliament and maybe even the ECJ will be involved; each of those has their own agenda plus the a veto in their hands.
Just look at the challenge May has trying to get her four Brexit Ministers to speak with one voice; imagine the other side with 30 voices to align.
The sooner the UK leaves this 'lunatic asylum' the better. You can't please all the people all the time, it's not worth even attempting to do so.
Reply With Quote
The following 2 users would like to thank fatmanfilms for this useful post:
  #125  
Old 11.10.2016, 16:26
marton's Avatar
Forum Legend
 
Join Date: May 2008
Location: Kt. Zürich
Posts: 10,591
Groaned at 472 Times in 405 Posts
Thanked 19,420 Times in 10,252 Posts
marton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond repute
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
View Post
What will cause more trouble, 10.000 car manufacturing workers losing their jobs in Germany or 1000 bankers or programmers in the UK?

Everybody will lose if import taxes are imposed by the EU, it will be retarded not to negotiate a decent trade deal.

If the stupidity goes over, the UK is much more agile, modern, and prepared to close trade agreements with the developing world and even increasing its trade with other developed countries such as Canada, Australia, etc.
This is the Australia that stated they could not start trade negotiations with UK before their deal with the EU was complete and not before Brexit was finalised?

And as for Canada "It took hundreds of skilled negotiators, dozens of videoconferences and seemingly endless days in Brussels to produce the 1,600-page text. Some seven years after Canada and the EU began negotiating a trade deal, the future of the agreement remains shrouded in doubt."

David Davis, the new minister for Brexit, has called the Canada agreement the “perfect starting point for our discussions with the commission”.

I’m confused,” said one senior Canadian government official who was deeply involved with these negotiations.
I don’t understand this looking towards Ceta as the answer to Brexit when UK will be taking a 43-year step backwards in terms of the current access they have to the European Union.”
Reply With Quote
  #126  
Old 11.10.2016, 16:31
Forum Legend
 
Join Date: Oct 2014
Location: SG
Posts: 8,954
Groaned at 472 Times in 353 Posts
Thanked 11,911 Times in 6,192 Posts
Urs Max has a reputation beyond reputeUrs Max has a reputation beyond reputeUrs Max has a reputation beyond reputeUrs Max has a reputation beyond reputeUrs Max has a reputation beyond reputeUrs Max has a reputation beyond repute
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
View Post
We were warned that the FTSE would fall due to BREXIT, the journalists as always don't have the first understanding of the Issues.

I think a hard BREXIT will give the UK a huge competitive advantage against the rest of the EU, roll it on I say.
And what did the Footsie do after the vote?
Reply With Quote
  #127  
Old 11.10.2016, 16:42
marton's Avatar
Forum Legend
 
Join Date: May 2008
Location: Kt. Zürich
Posts: 10,591
Groaned at 472 Times in 405 Posts
Thanked 19,420 Times in 10,252 Posts
marton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond repute
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
View Post
I think you'll find that there is such a thing as the EU

And when I refer to the EU making the decision it is shorthand precisely for all the people and interests on the other side of the negotiating table who need to authorise any deal.
"there is such a thing as the EU " actually not, there is no single legal entity; there are the countries, the Commission, the Parliament and the Court who all contribute to decision making. Not really a difficult concept to grasp
Describing the EU as a single entity is like some weird form of Anthropomorphism.

When you refer to "the EU" making the decision then you are oversimplifying the complexity of the decision process which leads to errors in any analysis of likely negotiation stances.
Reply With Quote
  #128  
Old 11.10.2016, 16:43
marton's Avatar
Forum Legend
 
Join Date: May 2008
Location: Kt. Zürich
Posts: 10,591
Groaned at 472 Times in 405 Posts
Thanked 19,420 Times in 10,252 Posts
marton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond repute
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
View Post
The sooner the UK leaves this 'lunatic asylum' the better. You can't please all the people all the time, it's not worth even attempting to do so.
The people leaving this 'lunatic asylum' are the lunatics Are you sure
Reply With Quote
  #129  
Old 11.10.2016, 16:53
Phil_MCR's Avatar
Forum Legend
 
Join Date: Oct 2009
Location: Basel
Posts: 14,430
Groaned at 281 Times in 187 Posts
Thanked 18,156 Times in 7,618 Posts
Phil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond repute
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
View Post
there is no single legal entity;
Did I say the EU was a single entity?

Quote:
View Post
When you refer to "the EU" making the decision then you are oversimplifying the complexity of the decision process which leads to errors in any analysis of likely negotiation stances.
I didn't say anything about the complexity of the decision-making process. I think in the context it is clear what is meant.
Reply With Quote
This user would like to thank Phil_MCR for this useful post:
  #130  
Old 11.10.2016, 16:59
marton's Avatar
Forum Legend
 
Join Date: May 2008
Location: Kt. Zürich
Posts: 10,591
Groaned at 472 Times in 405 Posts
Thanked 19,420 Times in 10,252 Posts
marton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond repute
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
View Post
This is the Australia that stated they could not start trade negotiations with UK before their deal with the EU was complete and not before Brexit was finalised?

And as for Canada "It took hundreds of skilled negotiators, dozens of videoconferences and seemingly endless days in Brussels to produce the 1,600-page text. Some seven years after Canada and the EU began negotiating a trade deal, the future of the agreement remains shrouded in doubt."

David Davis, the new minister for Brexit, has called the Canada agreement the “perfect starting point for our discussions with the commission”.

I’m confused,” said one senior Canadian government official who was deeply involved with these negotiations.
I don’t understand this looking towards Ceta as the answer to Brexit when UK will be taking a 43-year step backwards in terms of the current access they have to the European Union.”
This whole thing is liker a slow motion train crash.

It is a great pity that the Leave Campaign leaders did not do their homework to propose a better defined Brexit that could be implemented step by step.

Norway also closing doors...
Quote "The Norwegian business daily Dagens Næringsliv said the international trade minister, Liam Fox, asked Norway’s trade and industry minster, Monica Mæland, to form a bilateral trade working group at a meeting between the two ministers and their officials last 14 September.

The request was passed to the Norwegian foreign affairs ministry, which is coordinating Norway’s Brexit response, where it was rejected as likely to jeopardise Norway’s European Economic Area (EEA) agreement and “inappropriate” while Britain was still a full member of the EU, the paper said."
Reply With Quote
This user would like to thank marton for this useful post:
  #131  
Old 11.10.2016, 17:01
Cata1yst's Avatar
Forum Veteran
 
Join Date: Feb 2012
Location: Zugish
Posts: 565
Groaned at 18 Times in 10 Posts
Thanked 726 Times in 330 Posts
Cata1yst has a reputation beyond reputeCata1yst has a reputation beyond reputeCata1yst has a reputation beyond reputeCata1yst has a reputation beyond repute
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Wonderful....

https://www.theguardian.com/media/20...doch-times-sun
Reply With Quote
  #132  
Old 11.10.2016, 17:04
Guest
 
Posts: n/a
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
View Post
The Times owned by that scumbag Murdoch who owns The Sun who backed Brexit. Whoever the sun backs always wins the election :/
Yes that one, that Theresa May had a private meeting with- last week.
Reply With Quote
This user would like to thank for this useful post:
  #133  
Old 11.10.2016, 17:33
Guest
 
Posts: n/a
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
Yes that one, that Theresa May had a private meeting with- last week.
That was to tell him to f*uk off back down under and forget any visa renewal
Reply With Quote
  #134  
Old 11.10.2016, 18:49
Guest
 
Posts: n/a
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
That was to tell him to f*uk off back down under and forget any visa renewal
What does "down under" have to do with it? Rupert Murdoch is American.
Reply With Quote
The following 2 users would like to thank for this useful post:
  #135  
Old 11.10.2016, 18:50
marton's Avatar
Forum Legend
 
Join Date: May 2008
Location: Kt. Zürich
Posts: 10,591
Groaned at 472 Times in 405 Posts
Thanked 19,420 Times in 10,252 Posts
marton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond repute
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
View Post
Did I say the EU was a single entity?


I didn't say anything about the complexity of the decision-making process. I think in the context it is clear what is meant.
I just find it misleading to refer to "the EU" which somehow personifies it.

Then people start discussing how "the EU" will react when actually there will be all kind of different reactions from different players.

Take FMOP as an example. Probably there will be strong pressure in the countries that are major car exporters (Germany, Spain, Belgium) to allow UK to control immigration.
Whereas countries like Poland will likely strongly support FMOP.

The position of countries like Hungary who are both car exporters and also have many Hungarians working abroad are hard to forecast.

Meanwhile people who personify the EU will simply say "they want to punish us"
Reply With Quote
This user would like to thank marton for this useful post:
  #136  
Old 11.10.2016, 18:55
Guest
 
Posts: n/a
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

I've worked it all out! It took me a while...

The "leave" camp pushed for Brexit so that the UK could sink rapidly into financial ruin and despair, at which point the EU would lavish billions on it, Greece-style, to resurrect the British economy and restore the country to its former glory.

Except... oh. There's a flaw...
Reply With Quote
The following 3 users would like to thank for this useful post:
  #137  
Old 11.10.2016, 18:55
fatmanfilms's Avatar
The Marmite Moderator
 
Join Date: Apr 2010
Location: Verbier
Posts: 21,008
Groaned at 450 Times in 344 Posts
Thanked 22,302 Times in 11,541 Posts
fatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond repute
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
View Post
I just find it misleading to refer to "the EU" which somehow personifies it.

Then people start discussing how "the EU" will react when actually there will be all kind of different reactions from different players.

Take FMOP as an example. Probably there will be strong pressure in the countries that are major car exporters (Germany, Spain, Belgium) to allow UK to control immigration.
Whereas countries like Poland will likely strongly support FMOP.

The position of countries like Hungary who are both car exporters and also have many Hungarians working abroad are hard to forecast.

Meanwhile people who personify the EU will simply say "they want to punish us"
The concept of 100% agreement is so ridiculous, I can't imagine how the EU ever became so big.
I would certainly never invest in a company where the majority of shareholders can't replace the entire board of directors. It stinks of protectionism, which is a bad idea, the sooner it's over the better.
Reply With Quote
The following 2 users would like to thank fatmanfilms for this useful post:
  #138  
Old 11.10.2016, 19:08
st2lemans's Avatar
Forum Legend
 
Join Date: Dec 2010
Location: Lugano
Posts: 31,595
Groaned at 2,354 Times in 1,712 Posts
Thanked 38,394 Times in 18,119 Posts
st2lemans has a reputation beyond reputest2lemans has a reputation beyond reputest2lemans has a reputation beyond reputest2lemans has a reputation beyond reputest2lemans has a reputation beyond reputest2lemans has a reputation beyond repute
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
What does "down under" have to do with it? Rupert Murdoch is American.
In the same vein that I'm Swiss.

Tom
Reply With Quote
  #139  
Old 11.10.2016, 19:12
Guest
 
Posts: n/a
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
View Post
In the same vein that I'm Swiss.

Tom
Indeed, I was thinking of you, Tom. Are you American?
Reply With Quote
This user would like to thank for this useful post:
  #140  
Old 11.10.2016, 19:16
st2lemans's Avatar
Forum Legend
 
Join Date: Dec 2010
Location: Lugano
Posts: 31,595
Groaned at 2,354 Times in 1,712 Posts
Thanked 38,394 Times in 18,119 Posts
st2lemans has a reputation beyond reputest2lemans has a reputation beyond reputest2lemans has a reputation beyond reputest2lemans has a reputation beyond reputest2lemans has a reputation beyond reputest2lemans has a reputation beyond repute
Re: Wow, CHF to GBP exchange rate is pretty crazy at the moment...

Quote:
Indeed, I was thinking of you, Tom. Are you American?
Not since a while.

Tom
Reply With Quote
Reply




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Sterling to CHF Exchange Rate Deep Purple Finance/banking/taxation 258 25.02.2016 00:51
Fixing my CHF-GBP exchange rate Enohzee Finance/banking/taxation 10 21.01.2016 21:10
Rip-off CHF/EUR exchange rate at UBS fabio Finance/banking/taxation 19 09.04.2010 17:21
Exchange to euros: is now the best moment? espinchi Finance/banking/taxation 15 29.10.2008 20:00
Exchange rate CHF - EUR: where is the best rate in Basel? jttraveller Finance/banking/taxation 3 02.07.2008 11:47


All times are GMT +2. The time now is 14:10.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0