The Pound

[sasguru]

Let me just bring attention to the original sentence that I quoted saying: "
And? Unless you have many millions of euros this information is irrelevant."

That sentence in my view imlpied that somehow people who live in Europe and earn in euros will be tempted to go to the UK to buy houses here because somehow price in euros is cheaper. And? Most people in Europe don't even buy houses - they rent them, and they certainly would not want to buy one in the UK whatever the euro rate is.

Thanks for that info, Einstein.

[Francko]

I did. Unlike you I guess.

That's really the proof of how much a degree is worth these days. I now go and rip off mine too.

[AtW]

Thanks for that info, Einstein.

Do you have anything to say on topic? Perhaps show your understanding of macroeconomics that you surely, as a City worker, have?

[bogeyman]

Do you have anything to say on topic? Perhaps show your understanding of macroeconomics that you surely, as a City worker, have?

Did you Google 'macroeconomics', or Wiki it, or Majestik it?

[AtW]

That's really the proof of how much a degree is worth these days. I now go and rip off mine too.

You see unlike you I lived for a sufficiently long time in a country that was moving from communism to capitalism so I could witness practical usage of a lot of economical theories - on top of that I actually had pretty solid scientific education, I doubt for example that "theory of games" is actually taught as compulsory module in most business degrees in the UK.

[sasguru]

Do you have anything to say on topic? Perhaps show your understanding of macroeconomics that you surely, as a City worker, have?

What is economics?

[AtW]

Did you Google 'macroeconomics', or Wiki it, or Majestik it?

I did better - added you to ignore list.

[AtW]

What is economics?

Ask your boss.

[sasguru]

I did better - added you to ignore list.

It's painful to have your shortcomings exposed isn't it?

[bogeyman]

What is economics?

I think squirrels operate a basic economy. They understand the point of saving (stashing acorns etc.) in the good times, and drawing on their funds (digging up nuts in winter).

If only the humans in the country were as clued up?