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Debate House Prices


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  • poppy10_2
    poppy10_2 Posts: 6,588 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    StevieJ wrote: »
    My LIBOR rate is bigger than yours, link from the Times relating to 1981, have look at the Libor rate.

    http://archive.timesonline.co.uk/tol/viewArticle.arc?articleId=ARCHIVE-The_Times-1981-03-11-17-005&pageId=ARCHIVE-The_Times-1981-03-11-17

    Have a look at the share prices on that page too - Barclays trading at 384p back in 1981 (as opposed to just 194p today.) Also a pound got you well over US$2.10 - those were the days :o
    poppy10
  • Pobby wrote: »
    No,no I must`nt, oh well tin helmet on................

    I say, I say, I say, my wifes gone to the West Indies

    My wife's gone to the East Indies.....

    damn. Generali beat me to it.
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    poppy10 wrote: »
    Have a look at the share prices on that page too - Barclays trading at 384p back in 1981 (as opposed to just 194p today.) Also a pound got you well over US$2.10 - those were the days :o

    Probably correct for Barclays, but sometimes they do splits (i.e. 2 or1). It wasn't long after that (1984?) that the USD was only around 1.06, plenty of swings there. That gold price has not gone up much considering the dire straights we are in.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • dervish
    dervish Posts: 926 Forumite
    500 Posts
    Errata wrote: »
    Seem to remember the last time we fought Iceland we didn't exactly win.


    Britain has NEVER lost a war.


    What other country can say that?
  • ManAtHome
    ManAtHome Posts: 8,512 Forumite
    Part of the Furniture Combo Breaker
    dervish wrote: »
    Britain has NEVER lost a war.


    What other country can say that?
    Well I'd guess George III couldn't... (only 'cos he's dead).
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    StevieJ wrote: »
    Probably correct for Barclays, but sometimes they do splits (i.e. 2 or1). It wasn't long after that (1984?) that the USD was only around 1.06, plenty of swings there. That gold price has not gone up much considering the dire straights we are in.

    BARC did a 4 for 1 share split a few years back (for each old share held you got 4 new shares, each worth 1/4 of the original value).

    Assuming no other share splits the current value of the 1981 shares would be 776p or pretty much exactly double the share price then.

    That is a rise that is much less than inflation. Partly that will be due to the cut in the dividend in the 1990s but mostly due to the fact that only a complete idiot would invest in banks right now.

    brown-gordon.jpg
  • My parents sold some barclays shares in June 2007 in order to replace my mother's car. My Dad is rather enjoying plotting the fact that the new car's depreciation is less than the fall in the shares....
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    dervish wrote: »
    Britain has NEVER lost a war.


    What other country can say that?

    A couple British military disasters ending in wars being lost entirely (post Act of the Union):

    1st Afgan War (the retreat ended with 1 British survivor who was not captured)
    http://www.britishbattles.com/first-afghan-war/kabul-gandamak.htm

    1st Boer War
    http://www.britishbattles.com/first-boer-war/laings-nek.htm
    http://www.britishbattles.com/first-boer-war/majuba-hill.htm

    If you want to go back to England, Scotland, Wales or various bits of Ireland losing wars prior to that then there are tons of examples especially of one bit of Britain losing to another bit.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    dervish wrote: »
    Britain has NEVER lost a war.


    What other country can say that?

    Oh no does that mean we still rule the Yanks? :eek:
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    StevieJ wrote: »
    Oh no does that mean we still rule the Yanks? :eek:

    I don't want to do that thing with loads of rolling laughing emoticons but it's hard to resist. Oooooh, just a little one then: :rotfl:
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