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Comments
Lol!
Totally. : )
The effects of Brexit will kick in when the U.K. Is out of the EU. At the moment, the last time I checked we are still IN the EU. That is a fact! All that has happened is that the country voted to leave but we are still in it. We have not even started negotiations yet. Those crowing that there has been no doom and gloom as predicted have cleverly forgotten that Brexit hasn't really happened yet. We will only know the real effects of Brexit when we are totally out of the EU in two years' time or so. In the meantime, the rich will continue to get richer and the poor will get poorer. Migrants will continue to get bashed in the media and on the streets foreigners will have to watch their backs ever more so frequently. The truth is, if there is a hell below, we all gonna go. No Left. No Right.
_?? Well, I'm on Team Monzo, and I say Nkersov took a gratuitous swipe blah blah.....!
_
Holy shit, guys. The charcoal is wet enough. Put the fucking lighter fluid down or the brisket is going to taste like a Porta Potty.
There are bigger changes coming in the latter stages of my life time. Of that, I have no doubt. Apple raising their prices or the doom sayers that fear everything brexit, will be the least of people's concerns within 20 years.
Big changes I tell ya.......watch this space lol
Tell me about it. We're in Austin, but our biggest client pays us in Euros. Glad they're still paying, but unfortunately I have to pay the school fees in dollars....
I'm taking it your plans for World Domination are coming along nicely...![:) :)](https://forum.loopypro.com/resources/emoji/smile.png)
Happiness - we're all in it together.
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Not too bad. I am guarded and will keep my eye out. I have watched Kingsmen, Despicable Me and Austin Powers. I feel I know where all the arch villains went wrong!
In 2014 the exchange rate Euro Dollar was approx. 1:1.4 (so for 1 Euro you got 1.4 Dollar) at the moment the exchange rate is 1:1.06 (so for 1 Euro you get 1.06 Dollar). So the Euro lost a lot of it's value against the dollar.
If your clients contract is from 2014 or before I would advise reconsider it and re-negotiate. On every 1000 Euro you are losing approx. $340
Current exchange rates Euro Dollar
http://www.xe.com/currencycharts/?from=EUR&to=USD
And here development Euro Dollar in the last 5 years, which gives you an idea when the Euro collapsed against Dollar
http://www.xe.com/currencycharts/?from=EUR&to=USD&view=5Y
We are living in turbulent times, so it's hard to predict the future of how the exchange rates between Euro and Dollar will develop.
It's the dollar vs pound exchange rate that's caused the UK app store increase, though they're pushing their luck with the 1 dollar = 1 pound rate they've decided on.
On the plus side I have no buyers remorse with my ReSlice purchase this morning, I can tell Mrs Monzo that I've saved us some money before the price goes up.
I was responding @JohnnyGoodyear who is in Austin (TX) and gets paid in Euros.
fyi Price development Appstore EU Countries that use Euro
2012 from 0.79 to 0.89
2015 from 0.89 to 0.99
So from 2015 Apple charges same prices in Dollar/ Euro
Interesting though is that pricedrop Euro from 1.4 to 1.06 in 2014 only resulted in a 10% price increase.
It seems somewhat likely that the dollar will drop over the next few years (even if all goes well for Trump, it appears that a lower valued dollar is appealing to him) so let's just see. I actually have had a feeling for a while that these erratic currency drops are not 'drops' but just corrections by overvalued currencies to a normal level. It's logical that the dollar's value would hold out a little longer than other currencies.
It is a little more complex. Google the term "currency war"
and now the pound is worth less than the euro:
http://www.independent.co.uk/travel/news-and-advice/pound-sterling-euro-value-slump-latest-currency-exchange-a7529001.html
It was the same when U.K. banks crashed many years ago. It took about 4 to 5 years to come back, then when it did, & it got stronger(slowly mind)......... That means I can go back to good ole Blighty for my hols from Cyprus & not get stung so much in the exchange rate.......... Maybe?........ But the sterling always recovers. I sometime read what Winston Churchill says. His predictions have been spot on. When the poop hits the fan, we always come out on top,again, & again.
This is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning. (WC)
Good ole Wnnie!.....
But in the morning, I shall be sober…
Now, that right there puts those "smart Cars" to shame.
Personally, I think the EU is on its way out. Next 5 years or so. It will crumble. IMO. That's all I got on this.
Not that it really matters, but the last currency war was in the 1930s. The technical term for what's currently happening is that the global economy is fucked. We're in the van at the end of the Italian job.
If anyone's interested in this stuff, I really recommend the videos by the Scottish Political Economist Mark Blyth. He's funny, he's smart and he swears a lot. What more could you want from an economist?
Remember that the UK app store price includes VAT, so if the pound is at $1.20, that's actually parity with the dollar.
That's the Independent being sensationalistic. The pound's still worth more than the Euro, it's just that airport bureau de change will rip you off. They're basically charging you 20% of the value of your money to exchange it. If that sounds expensive - well it is.
Yes they are pretty sensationalistic these days, lots of click bait going on there. True.
Yes, another agreement here, they've lost their identity.
Desperation sadly.
Love Mark Blyth, his stuff is always worth watching. He was hilarious when describing rational expectations and Ricardian equivalence to students: "I shit you not" he assures them as he describes the madness that economists use in their modelling.
Found it: