AAAAAARGHHHHHH !!! The Economy is killing me.
Posted: Sun Jul 06, 2008 4:59 pm
Trying to buy a boat. First one I find is in Barcelona. Price is right. Just before I make an offer, the pound goes down against the Euro. Price of the boat rises by £10,000 in real terms if buying in sterling.
Second boat I fancy is in the UK, costs a lot more. Decide to sell the House. Housing market collapses. Can't afford boat. Go for a loan, but...
Just before I make an offer, a foriegner buys the boat paying in Euro because the boat (priced in sterling) is now cheap to him.
So, I am now limited to buying a boat that is priced in sterling, from a Uk seller, hopefully before a euro totting buyer turns up.
Gordon Brown has stuffed me.
Second boat I fancy is in the UK, costs a lot more. Decide to sell the House. Housing market collapses. Can't afford boat. Go for a loan, but...
Just before I make an offer, a foriegner buys the boat paying in Euro because the boat (priced in sterling) is now cheap to him.
So, I am now limited to buying a boat that is priced in sterling, from a Uk seller, hopefully before a euro totting buyer turns up.
Gordon Brown has stuffed me.
