UK aircraft carrier HMS Invincible decommissioned; to be bought by India (?)

Originally posted by devilwasp
Pot calling kettle stu, as I remember your national anthem was made while scotland was invading england......

We felt sorry for you and let you come down south to enjoy our weather hehe

Originally posted by devilwasp
But thats tit for tat, besides I think all 3 of agree who the "Real" enemy is in the world.

The French or the Yanks? I'm torn between the two....

Originally posted by stumason
We felt sorry for you and let you come down south to enjoy our weather

hehe

You mean there is weather apart from rain and snow? NAAAHHH I dont believe ya! Your pulling ma leg!

The French or the Yanks? I'm torn between the two....

Well mate, the scots have never had a problem with the french seems only to be you english types and your stupid kings and silly Kiinniiigits!

As for the yanks, well just need to remind them of 1812, isnt it about time we went back for a visit ?

Originally posted by devilwasp

Originally posted by stumason
Oh, if you should be asked for your passport again by any ginger, skirt wearing, haggis fanatic, just remind them Who conquered Who....

hehe

Pot calling kettle stu, as I remember your national anthem was made while scotland was invading england......
But thats tit for tat, besides I think all 3 of agree who the "Real" enemy is in the world.

YUP - The Irish!

Ireland sucks - it's always raining, Irish horse racing sucks because they always come to Cheltenham, clog up our roads and keep on winning and they are absolutely mental drivers.

Almost forgot. Their beef is crap as well!

But not the Welsh. No sir! They are my friends. Now, if only they could find a way to make the Brecons less hilly..........................

Originally posted by stumason

The French or the Yanks? I'm torn between the two....

I say the former...

Originally posted by edsinger

Originally posted by stumason

The French or the Yanks? I'm torn between the two....

I say the former...

America's natural and oldest enemy....

THE BRITISH......

I think that is long past...long past..

Thats what we let you guys think....

mwoohahahahaha

MWOOOHAHAHAHAHA

You know that say, keep your friends close and your enemies closer....

Originally posted by stumason
Thats what we let you guys think....

mwoohahahahaha

MWOOOHAHAHAHAHA

You know that say, keep your friends close and your enemies closer....

If only we could understand each other....

Too true Ed!

Nice to see you back, by the way. Not seen you on the board in a while!

Originally posted by stumason
Too true Ed!

Nice to see you back, by the way. Not seen you on the board in a while!

Been around just not near as much!

Lets get back ON topic eh?

Originally posted by devilwasp
As for the yanks, well just need to remind them of 1812, isnt it about time we went back for a visit ?

C,mon over, I'd like to try my hand at anthem writing. I'd also like to find out what you Scots wear under those skir.... kilts of yours. We may even give the RN a shot at reclaiming its pride, Old Ironsides is ready and waiting. I'm sure you'll be able to scrap together enough fishing boa...... I mean warships to give her something too shoot at.

Originally posted by stumason
America's natural and oldest enemy....
THE BRITISH......

Actually we were fighting the French for a lot longer.

King William's War

Queen Anne's War

King George's War

French-Indian War

Anyways I wouldn't be counting on those new carriers just yet.

Rule Belgiania

Hey someone has to foot the bill for Scottish welfare checks.

BOT

I just don't understand why India would want the HMS Invisible anyway, apart from the fact that they operate Harriers.

At least the Invisible has joined her other half, the aircraft carrier/through deck cruiser formerly known as HMS Hermes.

Launched by HMQ at the Vickers shipbuilding yards in Barrow-in-Furness, on 3rd May, 1977. HMS Invincible had had an illustrious career ()

Now she is to end her days ploughing through tornados or whatever in the Indian Ocean.

Good luck to her and Bon Voyage

As a command ship she is iseal - `hemes` is very very old now and needs to be retired sooner rather than later , and the replacement isn`t ready.

Darn! Why does india always go for second-hand stuff? This tin can is more that a quarter of a century old. In other words, antique.

And then she goes in for the proverbial refit and spends millions on it! New weapon systems, nav, propulsion and power plants, upgrading of the ISS (Integrated stabilisation System) designed to maintain stabilisation to within within acceptable limits which is horrendously expensive, combat management systems, upgradation of electronic suites including ECM/ECCM/radar, refurbishing of the hull etc. Practically everything!!

And needless to say the time line involved in all this. Another 5 years and that makes it a third of a century old!!

Heck! Whatever happened to that much 'hyped' Indian economy? Growth rate of 9.5%, surging ahead only next to China's. 4th largest economy in the world, but settles for a worn out second-hand boat because it's too expensive to buy a new one! But it's going to cost as much in the refitment anyway, what?

Cheers!

India is not pursuing the Invinvcible as far as I know.

And it is always better to operate a few aircraft carriers that have been purchased before going on to build your own.
Has a immensely positive effect on the learning curve.

Originally posted by mikesingh
Heck! Whatever happened to that much 'hyped' Indian economy? Growth rate of 9.5%, surging ahead only next to China's. 4th largest economy in the world, but settles for a worn out second-hand boat because it's too expensive to buy a new one! But it's going to cost as much in the refitment anyway, what?

India's GDP is not the 4th in the world, but rather more like 13th, at least in 2006 figures.

China is the 4th with the UK at 5th.

Originally posted by stumason

Originally posted by mikesingh
Heck! Whatever happened to that much 'hyped' Indian economy? Growth rate of 9.5%, surging ahead only next to China's. 4th largest economy in the world, but settles for a worn out second-hand boat because it's too expensive to buy a new one! But it's going to cost as much in the refitment anyway, what?

India's GDP is not the 4th in the world, but rather more like 13th, at least in 2006 figures.

China is the 4th with the UK at 5th.

Lol! When we talk about GDP it's in terms of PPP (Purchasing Power Parity).

Using a PPP basis is arguably more useful when comparing generalized differences in living standards on the whole between nations because PPP takes into account the relative cost of living and the inflation rates of the countries, rather than using just exchange rates which may distort the real differences in income.
(Wikipedia)

India is 4th. UK is 6th. India's above even France and Germany! Sorry Stum. You gotta face the hard facts!! Apologies for pricking your ego!

Here it is if you think I'm talking through my hat!

en.wikipedia.org...

Have a nice day!

Cheers!

(Darn! Was this off topic? )

PPP is only used when comparing citizens of different countries ability to buy goods, in relation to the value of their currency.

The Economy is measured in GDP. As such, Indian's GDP is around the 900 billion dollar mark, with the UK at around 2.9 Trillion.

PPP would have no bearing on anything where foreign trade is concerned, as the value of the Indian currency versus that of, say, the UK, is very low.

Sorry to bruise your ego.

The Purchasing power parity (PPP) theory was developed by Gustav Cassel in 1920. It is the method of using the long-run equilibrium exchange rate of two currencies to equalize the currencies' purchasing power. It is based on the law of one price, the idea that, in an efficient market, identical goods must have only one price.

Purchasing power parity is often called absolute purchasing power parity to distinguish it from a related theory relative purchasing power parity, which predicts the relationship between the two countries' relative inflation rates and the change in the exchange rate of their currencies.

A purchasing power parity exchange rate equalizes the purchasing power of different currencies in their home countries for a given basket of goods. These special exchange rates are often used to compare the standards of living of two or more countries. The adjustments are meant to give a better picture than comparing gross domestic products (GDP) using market exchange rates. This type of adjustment to an exchange rate is controversial because of the difficulties of finding comparable baskets of goods to compare purchasing power across countries.

Market exchange rates fluctuate widely, but many believe that PPP exchange rates reflect the long run equilibrium value. The distortions caused by using market rates are accentuated because prices of non-traded goods and services are usually lower in poorer economies. For example, a U.S. dollar exchanged and spent in the People's Republic of China will buy much more than a dollar spent in the United States.

[edit on 17/7/07 by stumason]