Thanks Brexit knobs !

[Wales-Bales]

Don't buy one then.

They'll soon put the price down when they realise people aren't prepared to pay over the odds for their shit.

Nearly 3k for a new MacBook Pro with a CPU that is about to be replaced by Kaby Lake

[Barry Dragon]

Pity we didn't MAN UP and join our Celtic cousins and vote to stay in ,we will be big loses in more way you can imagine in the near future ,we we had net contributions funding from European funds,no way on earth are Westminster going to match that one,whoever is in power ,Europe was good to us .

Europe was good for us? Europe gentrified the valleys. Europe spent lots of money on vanity projects. The outcome. Still poor.

That is why people voted out. European money has done little for the poorest in wales. A better looking high street is about all they have seen.

[Barry Dragon]

How about the theory that it's the bankers such as Goldman Sachs, along with George Soros and other associated groups who are trying to undermind our currency? One could certainly speculate as to whether or not Mark Carney is playing for the away team. A weak Pound is central to those wishing to stage a second referendum. I suspect the doom, gloom and fear will be with us until they dot the i's and cross the t's on the Brexit agreement.

Well. A weak pound is good for the economy. So you could also argue that a strong pound has undermined the country for too long. A strong pound that was lifted by our financial sector.

Carney reducing interest rates was not needed, and I wouldnt be too surprised if it was a move to make people feel the brexit vote in their pockets.

I wouldnt be surprised that the governments reassurance to Nissan was a low value to sterling. Its easy to manipulate a currency to a level. Japan and the Swiss do it all the time.

People will have to make a decision between a strong economy with rising wages and more manufacturing jobs. Or a foreign holiday with static wages...

[Rjk]

Europe was good for us? Europe gentrified the valleys. Europe spent lots of money on vanity projects. The outcome. Still poor.

That is why people voted out. European money has done little for the poorest in wales. A better looking high street is about all they have seen.

At least Europe actually spent money on infrastructure projects that could actually improve things.
You don't see Westminster rushing to spend any money here.

The Westminster opinion is that wales gets all this money in benefits anyway , so they dont deserve anymore for infrastructure.
Benefits money doesn't change anything in the long run.

[TH63]

Europe was good for us? Europe gentrified the valleys. Europe spent lots of money on vanity projects. The outcome. Still poor.

That is why people voted out. European money has done little for the poorest in wales. A better looking high street is about all they have seen.

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[Feedback]

Europe was good for us? Europe gentrified the valleys. Europe spent lots of money on vanity projects. The outcome. Still poor.

That is why people voted out. European money has done little for the poorest in wales. A better looking high street is about all they have seen.

that is more about how our politicians spent the money

[Barry Dragon]

At least Europe actually spent money on infrastructure projects that could actually improve things.
You don't see Westminster rushing to spend any money here.

The Westminster opinion is that wales gets all this money in benefits anyway , so they dont deserve anymore for infrastructure.
Benefits money doesn't change anything in the long run.

M4 relief road. Electrification of the rails. All done by WAG with Westminsters approval for funding.

And bear-in-mind that westminster doesnt need to fund some things as its already paid EU to do it. Money spent by EU comes from the UK. Why spent more money on things when you can get the money you have paid to fund it.

[Organ Morgan.]

Britons will have to adapt to the changes in the pound's debasement by spending less or earning more or borrowing more. The last option is the most popular with those who are not that bright. The middle one requires a little aspiration. The first involves an increasingly old-fashioned value known as thrift.

[TH63]

Britons will have to adapt to the changes in the pound's debasement by spending less or earning more or borrowing more. The last option is the most popular with those who are not that bright. The middle one requires a little aspiration. The first involves an increasingly old-fashioned value known as thrift.

I thought the whole point of low interest rates was to encourage borrowing and increase spending????

[Organ Morgan.]

The reasons for rock-bottom interest rates is to maintain the housing bubble and to rob savers and with it reward borrowers. Where once it was easy to maintain one's net worth by parking dough in an inflation-matching interest bearing savings account, since 2008 it's beeen a headless chicken race to gain yield. Cue the proliferation of amateur landlords and stock pickers.

[Barry Dragon]

Reasons? Or consequences

It's to ensure risk adverse corporations are encouraged to spend. There are many other trickle down effects.

I am sure the cheap credit came about when there was a housing collapse coming. And the housing market was on its knees. The London housing bubble was a consequence.

[Barry Dragon]

Talking to my account manger at MoneyCorp and she was telling me they expect the years to finish at £1 - $1.10-15

If America put up interest rates this could well happen.

[tommy31]

M4 relief road. Electrification of the rails. All done by WAG with Westminsters approval for funding.

And bear-in-mind that westminster doesnt need to fund some things as its already paid EU to do it. Money spent by EU comes from the UK. Why spent more money on things when you can get the money you have paid to fund it.

As far as I'm aware (and do let us know if this isn't true) these haven't actually happened yet, that is, if they ever happen. It's also a bit of a dual standard here. you say the EU uses UK money. how about the UK using Welsh money? sure, they give us a lot in subsidies (there's an argument here about whether they should or not, for another time maybe) but it's not all 'UK money'. To paraphrase a common brexit argument - 'There's no such thing as UK money, it's ours and they give it back to us'.

[Vimana.]

We are where we are, whether we wanted it or not, and whether it is going 'as expected' or not.
The only thing we can do currently is get on with it. Whatever 'it' is.

And not allow the Gov't of the day to falsely force further difficulties upon the ordinary people, perhaps in the name of Brexit.

We may have to make some sacrifices or temporary alterations if things get tight.

A reduction in Apple-mania (and similar-mania) and a kerbing of overt consumerism in general won't harm us , and may help refresh our slightly decaying society.