yes, there is some turbulence but the market has priced the value of the Pound (and your purchasing power and mine) the whole 13% down because where we are heading. The market is usually correct, we either have to change our heading or it will get even worse.
Brexit, for once some facts.
- Thread starter flecc
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I am firmly of the belief that the £ has been too strong for quite some time and is now at a more correct level.
I also feel that on balance as in the past the lower £ will benefit our economy overall more
Pleasing to also see the positive indications from other countries they are ready to deals with us. Seriously we should start such discussions immediately and if as stated (pessimistically) that it takes years then we will be ready for Brexit, but I would not discount a little cherry picking and implement immediately if the EU does not play ball.
Why should we wait 2 years, if they are not going to respond positively to what at the end of the day we are looking for a mutually beneficial trade deal. If they cant see that then to hell with them
Heh we could get tony Blair to do a deal for us with the US, you know his best buddies
Not just that, the country will be asked to take a pay cut, at the same time as everything we need going up in price. So its double the issue, and it'll effect the poorest the most.
Telling porkies again, the last 3 years has been more like $1.4 although it was higher before then, (during the great recession)
This has got nothing to do with paycut which again only serves to exagerate
It effects Imports only most of which come from China and any business worth a light would be negotiating. Prices dont just go up automatically on ex rates, or is that what your bike suppliers tell you??
They also need to sell, take long term views and need to be price competitive in the markets they operate
Why can't people, you included, just give us their own opinion on matters. You know the drill, read, digest, understand, think through, re-read, adjust opinion, summarise? Stop just copying and pasting endless links to other people's ramblings, an unknown quantity of which are complete $h!te. Lets have some original thought.
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Wholesale gas has fallen a lot more than that and we haven't seen it passed on. There is plenty of headroom to absorb the rise.
Who says so? Where have you heard that? Exactly why will this happen? What are the proven facts that lead to this conclusion?
Like most people I think I am screwed on pensions anyway and I doubt Brexit will change that much either way.
But better sell my house quick just in case
It's easy, you just move to Dali-Gas or Zog Energy. And BGs greed has nothing to do with BREXIT, that is just BG being a hateful bunch of b@stards who should be incinerated with their own gas.
Nothing would give me greater pleasure than to see all of BGs customers desert them and to see the entire stinking dung heap that is BG rot into the ground. Never has there been a worse company than BG. Everyone, from the bog cleaner to the CEO, is a w@nker.
Very nice Trex, you mean we are the best. Poor old japan their business's will take a tanking because they totally depend on Abroad sales & profits which now dramatically down in Yen.this is the view of the world about brexit
(they all think we are mad)
For every story there is a contrary story to the uninitiated in economics. its o Global game played by bankers, (no pun intended)
Even economists admit to not understanding how the market works most of the time, and their forecasts are not worth a light
people, me included, do. the fact that im asked by a leave voter to explain per capita income may hint at why we are wher ewe are as a country, no? if you look at my posts youll se most are me saying what i feel. but, aside form that, i wonder whetehr leave voters read anything other than page 3 in the sun?
certainly many leave voters sound marginally less informed than holly, from manchester, in briefs
Silly boy, and a chicken. What Tislon is trying to say to you is if you know so much then dont depend so much on ther peoples words or quotes or the "famous facts, which are nothing of the sort" demonstrate with your intellect and arguments that can be fair balanced and convincing.
Too much of a challenge for you, me thinks
Chicken!
this time, the pound actually crashes because foreigners pull their money out in droves.
And your point is? Still I dont see ex rate at these levels as anything to panic about, adjust to yes but on balance I would prefer this level
An export led drive to improve our economy
More inflation to downsize our dept
Balance of payments equalised
Growth and more jobs
Interest rates EVEN lower (but of course this will lower the £, I think the bank of England knows what it is doing)