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Thread: Hard brexit for Britain, whether we want it or not

  1. #51

    Re: Hard brexit for Britain, whether we want it or not

    Quote Originally Posted by Eric Cartman View Post
    Their revenue is worth more if the pound is weak, the value of their company goes up if their revenue is worth more.

    The FTSE100 rising is a predictable symptom of a weak pound and not a signal of confidence.

    As for a weak currency being good. Maybe I am being negative again but it isn't a club I would join through choice...

    Attachment 1069
    That drunken man only apply to one side of the stats?

  2. #52

    Re: Hard brexit for Britain, whether we want it or not

    Quote Originally Posted by TruBlue View Post
    That drunken man only apply to one side of the stats?
    The point I am making is pretty obvious, the kind of lack of confidence in our currency is reserved for some really really weak economies.

    I hadn't drawn any conclusions before seeing the evidence.

  3. #53

    Re: Hard brexit for Britain, whether we want it or not

    Quote Originally Posted by Eric Cartman View Post
    The point I am making is pretty obvious, the kind of lack of confidence in our currency is reserved for some really really weak economies.

    I hadn't drawn any conclusions before seeing the evidence.
    Yes I get it, your stats are good, any others are bad......

    Do as I say, not as I do.........

  4. #54

    Re: Hard brexit for Britain, whether we want it or not

    Quote Originally Posted by Eric Cartman View Post
    The point I am making is pretty obvious, the kind of lack of confidence in our currency is reserved for some really really weak economies.

    I hadn't drawn any conclusions before seeing the evidence.
    the pound has been rising steadily from a low point of 1.12 to 1.18

  5. #55

    Re: Hard brexit for Britain, whether we want it or not

    Quote Originally Posted by Eric Cartman View Post
    This seems like a list of countries who have upset George Soros and friends

  6. #56

    Re: Hard brexit for Britain, whether we want it or not

    Quote Originally Posted by Packerman View Post
    the pound has been rising steadily from a low point of 1.12 to 1.18
    I couldn't really see why the pound took a hit vs the euro in the first place. Us leaving is also bad news for them in terms of stability. The euro also has to deal with the real possibility of a le pen election win.

  7. #57

    Re: Hard brexit for Britain, whether we want it or not

    Quote Originally Posted by TruBlue View Post
    Yes I get it, your stats are good, any others are bad......

    Do as I say, not as I do.........
    Can you explain how a graph showing the weakest currencies is being disingenuous in anyway, you were free to draw your own conclusions. You said a weak currency was potentially a good thing so the burden of proof is on you, you definitely failed there with the FTSE graph.

    One day you will get over yourself and stop trying to pick a fight with me in every thread, especially when you are so woefully prepared.

  8. #58

    Re: Hard brexit for Britain, whether we want it or not

    Quote Originally Posted by Eric Cartman View Post
    I couldn't really see why the pound took a hit vs the euro in the first place. Us leaving is also bad news for them in terms of stability. The euro also has to deal with the real possibility of a le pen election win.
    The EU are the good guys The Euro has to remain strong, in order to encourage the Brexiteers to flip during a referendum rerun

  9. #59

    Re: Hard brexit for Britain, whether we want it or not

    Francois Fillon was 7/2 on Wiliam Hill when I was on about it above.

    I was considering putting 10 quid on him.

    Now he is 2/5!.

  10. #60

    Re: Hard brexit for Britain, whether we want it or not

    Quote Originally Posted by LordKenwyne View Post
    Francois Fillon was 7/2 on Wiliam Hill when I was on about it above.

    I was considering putting 10 quid on him.

    Now he is 2/5!.
    What are the odds on Le Pen? I'd stick a cheeky tenner on her

  11. #61

    Re: Hard brexit for Britain, whether we want it or not

    Quote Originally Posted by Wales-Bales View Post
    What are the odds on Le Pen? I'd stick a cheeky tenner on her
    About 5/2 across the board.

    http://www.oddschecker.com/politics/...next-president

    The drop down menu under "match select" gives the odds for the austrian election as well.

    The far right guy is odds on.

    And so is a no vote in Italy. Meaning if Renzi is a man of his word he'll resign....

    Absolutely no idea what the swedish one is about!.

  12. #62

    Re: Hard brexit for Britain, whether we want it or not

    They must have been dancing on the streets of Aberystwyth last night. A shame Fillon's wife is not called Ffion.

    He's a big fan of Thatcher apparently. A Thatcherite or a watered down fascist on the right. Nice choice.

    Think the left in France are fecked. Will be interesting to see if Macron's En Marche! centrist project has any appeal. He's a former Rothschild banker so Splott David will be cheering him on.

  13. #63

    Re: Hard brexit for Britain, whether we want it or not

    Quote Originally Posted by LordKenwyne View Post
    About 5/2 across the board.

    http://www.oddschecker.com/politics/...next-president

    The drop down menu under "match select" gives the odds for the austrian election as well.

    The far right guy is odds on.

    And so is a no vote in Italy. Meaning if Renzi is a man of his word he'll resign....

    Absolutely no idea what the swedish one is about!.
    At this rate we won't need to do a Brexit, there will be nothing left to exit!

  14. #64

    Re: Hard brexit for Britain, whether we want it or not

    Quote Originally Posted by Eric Cartman View Post
    The point I am making is pretty obvious, the kind of lack of confidence in our currency is reserved for some really really weak economies.

    I hadn't drawn any conclusions before seeing the evidence.

    When you take into account that half of that fall was done on purpose by BoE then it is not so bad. BoE clearly see a weaker pound as a positive to get through Brexit. So where does that leave us. Is a weaker pound bad or good? It certainly makes us more competitive around the world, and that is the reasoning behind the BoE weakening the currency by arguably unnecessarily reducing interest rates.

    I know from my point of view that my goods purchased from China in USD have gone up. But so have my exports. Thanks to the weaker, more competitive pound my business is now a net exporter. Sales abroad are up 100%. And now make around 40% of my sales.

  15. #65

    Re: Hard brexit for Britain, whether we want it or not

    Quote Originally Posted by Barry Dragon View Post
    When you take into account that half of that fall was done on purpose by BoE then it is not so bad. BoE clearly see a weaker pound as a positive to get through Brexit. So where does that leave us. Is a weaker pound bad or good? It certainly makes us more competitive around the world, and that is the reasoning behind the BoE weakening the currency by arguably unnecessarily reducing interest rates.

    I know from my point of view that my goods purchased from China in USD have gone up. But so have my exports. Thanks to the weaker, more competitive pound my business is now a net exporter. Sales abroad are up 100%. And now make around 40% of my sales.
    Out of interest, how many of your sales abroad are within the EU?

  16. #66

    Re: Hard brexit for Britain, whether we want it or not

    Quote Originally Posted by lardy View Post
    Out of interest, how many of your sales abroad are within the EU?
    The proportion has gone down the last few weeks as the Euro has significantly weakened recently. Heading for 1:1 with US Dollar if you believe the reports.

    Done some basic figures on this weekends sales. Euro sales account for 50% of export sales, USD 40%. Total exports accounted for 45% of my weekend sales.

  17. #67

    Re: Hard brexit for Britain, whether we want it or not

    Quote Originally Posted by Barry Dragon View Post
    The proportion has gone down the last few weeks as the Euro has significantly weakened recently. Heading for 1:1 with US Dollar if you believe the reports.

    Done some basic figures on this weekends sales. Euro sales account for 50% of export sales, USD 40%. Total exports accounted for 45% of my weekend sales.
    What are you selling?

  18. #68

    Re: Hard brexit for Britain, whether we want it or not

    Quote Originally Posted by Wales-Bales View Post
    What are you selling?
    Top secret.

  19. #69

    Re: Hard brexit for Britain, whether we want it or not

    Quote Originally Posted by Barry Dragon View Post
    Top secret.
    It sounds ... well dodgy

  20. #70

    Re: Hard brexit for Britain, whether we want it or not

    Quote Originally Posted by Barry Dragon View Post
    Top secret.
    Its not grandmother's is it ? ? ? /

    as i have a buyer waiting

  21. #71
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    Re: Hard brexit for Britain, whether we want it or not

    Quote Originally Posted by blue matt View Post
    Its not grandmother's is it ? ? ? /

    as i have a buyer waiting
    Your poor suffering neighbour...
    He'll never believe its an extra large turkey FFS.

  22. #72

    Re: Hard brexit for Britain, whether we want it or not

    Quote Originally Posted by Vimana. View Post
    Your poor suffering neighbour...
    He'll never believe its an extra large turkey FFS.
    its not him, i have taken his money for this month

    Dont tell anyone, but its Wales-Bales, he has expressed a interest, just need to find a grandmother now

  23. #73

    Re: Hard brexit for Britain, whether we want it or not

    Quote Originally Posted by blue matt View Post
    Its not grandmother's is it ? ? ? /

    as i have a buyer waiting
    I'm not a buyer, it's a trade

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