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  #1  
Old March 1st, 2016, 12:12 PM
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Buying power $

For those not watching the pound is below $1.40 for the first time in a very long time.
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  #2  
Old March 1st, 2016, 12:18 PM
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Funny - I just got an email mailer from BritCar saying the same thing.

What figures is I bought most of my parts for my build last summer....
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  #3  
Old March 1st, 2016, 12:20 PM
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Originally Posted by don View Post
Funny - I just got an email mailer from BritCar saying the same thing.

What figures is I bought most of my parts for my build last summer....
Worse yet, I bought like 700 GBP worth of stuff in december, like days before a big drop lol.
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  #4  
Old March 1st, 2016, 12:24 PM
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Looking good for my UK trip this summer!
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  #5  
Old March 1st, 2016, 01:26 PM
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Looking good for my parts purchase this next week.
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  #6  
Old March 1st, 2016, 03:38 PM
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Worse yet, I bought like 700 GBP worth of stuff in december, like days before a big drop lol.
Ouch! Guess I don't feel too bad then.
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  #7  
Old March 1st, 2016, 04:36 PM
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Probably more pain for the UK to come in the near term with their threat of Brexit from the EU.
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  #8  
Old March 1st, 2016, 05:07 PM
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Check out the fee the UK pays just to stay in the EU on a yearly basis.
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  #9  
Old March 1st, 2016, 05:16 PM
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Quote:
Originally Posted by RBBailey View Post
Check out the fee the UK pays just to stay in the EU on a yearly basis.
They also get a lot of money back.

https://fullfact.org/economy/our-eu-...ee-55-million/
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  #10  
Old March 1st, 2016, 05:28 PM
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Its a really interesting issue they are facing. I do corporate tax and spend the majority of my time on non-US planning issues. Their tax rate at 18% is very attractive but the uncertainty is such a killer.
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  #11  
Old March 2nd, 2016, 02:03 AM
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Originally Posted by RBBailey View Post
Check out the fee the UK pays just to stay in the EU on a yearly basis.
Probably pales in comparison to what the US pays to stay in NATO and United Nations.
If we dropped out for even one presidential term, our budget deficit would probably improve significantly.
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  #12  
Old March 2nd, 2016, 04:58 AM
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Probably pales in comparison to what the US pays to stay in NATO and United Nations. If we dropped out for even one presidential term, our budget deficit would probably improve significantly.
I think you would find that world wars are a lot more expensive.
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  #13  
Old March 2nd, 2016, 05:13 AM
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Originally Posted by LuisC View Post
Probably pales in comparison to what the US pays to stay in NATO and United Nations. If we dropped out for even one presidential term, our budget deficit would probably improve significantly.
The US pays $8billion to the UN. Would that represent your "significant " dent in the budget deficit projected at $616 billion?
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