Brexit, for once some facts.
- Thread starter flecc
- Start date
Maybe I should be selling bikes then?
The same risk can be perceived differently. I would deem it more risky to invest in an EBike business than than property, so Ebikes are not an investment for me.
I've agreed with that to Steb, but he implied it wasn't right for anyone to invest in property. That I won't agree with when it's the only practical way to protect ordinary people's moderate amounts of money from shrinking due to inflation.
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The numbers of e-bike sellers who've failed over the last two decades greatly exceeds those who remain, and currently two very experienced trade members agree that at least three more will fail this year.
I think in the UK often a very dodgy investment indeed.
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But employing to advantage the richness of meaning in words of the English language, the Germans were repulsed by the Americans.Mainly thanks to the Communist Red Army......
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Well over his 13 years in the business he'd have been right well over 50% of the time.
Almost 11 years ago I attended an e-bike show where David was also displaying his wares. Of the others there, only two still exist and one of them has been bankrupt since and rescued, but now much diminished.
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I imagine a lot of my confrères come to the e-bike business late in their days, already retired or not far of it, some may just have pulled out because of their age. It's not because the business does not have growth potential compared to others.Well over his 13 years in the business he'd have been right well over 50% of the time.
Almost 11 years ago I attended an e-bike show where David was also displaying his wares. Of the others there, only two still exist and one of them has been bankrupt since and rescued, but now much diminished.
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to be fair I don't say its wrong for anyone to invest in property - I think, as we all agree, that it is damaging to the economy and wrong in principle. I invest in property myself (when in Rome etc), I can see that - for now - its practically the only hedge against inflation. but it will (more than will have to) end in tears as it makes us less dynamic and competitive, more so as we are out in the cold, isolated from the EU.
I've been around it too long (67 years) for you to get away with that!
I don't know of one e-bike seller who has withdrawn due to age.
They failed for various reasons, not enough share of the small market, lack of innovation, duff product, excessively priced, getting a bad name from poor support, poor marketing etc.
There's been potential, but a lot of that in Britain has been realised and we're close to the difficult part now, trying to persuade car drivers who've never cycled to get onto e-bikes.
On the flip side there's been far too many firms in this small British market and maybe still are. Many don't have USPs.
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there may be some consolidation this year if anti dumping happens.
Watching Dragon's den with OG...he,s investing...
BJ seems to prepare to accept second referendum.
if brexit leads to the UK as “just another Norway”, “I’d rather us stay in than leave like that”.
Better late than never, I suppose.
if brexit leads to the UK as “just another Norway”, “I’d rather us stay in than leave like that”.
Better late than never, I suppose.
I have one but watch very little on it these days........and how I love no longer wearing uniform, serving that woman and her corrupt extended family.
Tom