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Unread 15 Aug 19, 07:30 AM  
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mike4scuba
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Mobile UK may get a better exchange rate

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The U.S. economyOpens a New Window. is heading into a free fall that will be worse than the Great Recession of 2008, according to Euro Pacific Capital CEOOpens a New Window. Peter Schiff.
We should get a better pound to dollar exchange rate but also could depend on what happens if we get the no deal brexit
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How Long ! :-(
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Unread 15 Aug 19, 07:40 AM  
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blusteryday
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I would take caution on hoping for a US recession...many companies and their supply chains could go under, including some which we might rely on for our holidays.

That all said, APNews suggests the American economy is in better shape than 2008 and so the effects of any recession might be reduced in comparison to ten years ago.
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Unread 15 Aug 19, 08:29 AM  
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THE WIZARD
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If there is nothing I can do about it then there's no point wasting time thinking about it- got our money at $1.30 back in April so I'm happy with that.
Hearing all the things that may happen to our world coming up sounds like we are all doomed anyway!
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Unread 15 Aug 19, 09:29 AM  
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duchy
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I wouldn't wish a recession on any country, especially not just to get a cheaper holiday.
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Unread 15 Aug 19, 09:46 AM  
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Rebelrebel
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Originally Posted by mike4scuba View Post
Read this today
The U.S. economyOpens a New Window. is heading into a free fall that will be worse than the Great Recession of 2008, according to Euro Pacific Capital CEOOpens a New Window. Peter Schiff.
We should get a better pound to dollar exchange rate but also could depend on what happens if we get the no deal brexit
You've a while before you go so hopefully things will have picked up for you by then. We were planning to go to the USA in the next 6-9 months but have decided not to worry about the exchange rate and to cut the holiday short by a couple of days saving on hotels and general spends to make up for the poor rate.
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Unread 15 Aug 19, 09:52 AM  
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Tinkerbell
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Originally Posted by duchy View Post
I wouldn't wish a recession on any country, especially not just to get a cheaper holiday.
That was my immediate thought plus... recessions have a habit of spreading across the globe... might not be any holidays
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Unread 15 Aug 19, 09:59 AM  
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Claudette
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Originally Posted by duchy View Post
I wouldn't wish a recession on any country, especially not just to get a cheaper holiday.
That was my first thought, nobody benefits from a struggling US economy.
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Unread 15 Aug 19, 10:05 AM  
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mickey house
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There is only direction I can see the $ exchange rate going, and it's not up!
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