Observations regarding the Greek Economic Meltdown

[WClarkB]

Altho the Brits have kept their GBP instead of switching to the euro, now being hammered by the Greek financial crisis, nevertheless it has taken a hit compared to the USD.

Dalglish has quoted me 31GBP for a minimum of 16 yrds of custom weave 54 inches wide.
given that a knife pleated kilt may be done from 4 yds of the 54inch; the shipping costs are a guess, the "cost kilt max" includes 1.5 yd for a fly as well; then depending on the conversion rate (currently about 1.5) the costs for the material break down as so:

• yrd cost gbp shipping GBP->$ cost min max kilt
• 16 £31.00 £20.00 1.2 $619.20 $154.80 $212.85
• 16 £31.00 £20.00 1.25 $645.00 $161.25 $221.72
• 16 £31.00 £20.00 1.3 $670.80 $167.70 $230.59
• 16 £31.00 £20.00 1.35 $696.60 $174.15 $239.46
• 16 £31.00 £20.00 1.4 $722.40 $180.60 $248.33
• 16 £31.00 £20.00 1.45 $748.20 $187.05 $257.19
• 16 £31.00 £20.00 1.5 $774.00 $193.50 $266.06
• 16 £31.00 £20.00 1.55 $799.80 $199.95 $274.93
• 16 £31.00 £20.00 1.6 $825.60 $206.40 $283.80
• 16 £31.00 £20.00 1.65 $851.40 $212.85 $292.67

We can get the material for a quality kilt for under $200 right NOWThe question is NOW that you can get good stuff at a discount, is anyone interested in combining our resources to help out the brits with an infusion of Yankee capital? message me if you are MacLellan btw.

I am contemplating buying a lot and using what I want, then selling the surplus. The spousal unit will not approve; however, if I can get some unindicted co-conspirators I may be able to swing it

[Pleater]

The political situation in the UK at the moment - with the inconclusive election results - might make watching the progress of the dollar to pound exchange rate from early tomorrow ( Monday the 10th) quite a useful exercise where the purchase of tartan fabric is involved.

Markets and politics being both intertwined and flighty, the result of our present little conundrum could indeed prove to be advantageous to members of this forum in the US.

Anne the Pleater :ootd:

[ForresterModern]

I remember two years ago when the GBP was worth $2, and a little before that I believe the Euro was worth about $1.65. Numbers look a lot better now. Should stimulate the GB economy a bit.

[WClarkB]

The pound has dropped from 1.55 USD/GBP to lows in the 1.42 range and has been making day to day, 1 yr lows. I have heard that the Fibonacci level wa 1.422 but it has blown thru that today.

The change has meant an effective 9% drop in prices during the last month.

I am looking at ordering when the falling slows but I do not plan to "time" it in any sense.

ANyone else have plans?