Why

Discussion in 'Just Talk' started by Devil's Advocate, Jan 11, 2018.

  1. Devil's Advocate

    Devil's Advocate Well-Known Member

    aren't the u-s cheering on the good news about the UK's massif manufacturing output?
     
  2. Isitreally

    Isitreally Active Member


    Simple really.

    Its nothing more than we expected from Brexit.

    Only you as a Remoaners are shocked enough to mention it.

    But im sure you'll find something to po po it.
     
  3. Dr Bodgit

    Dr Bodgit Well-Known Member

    Well if we weren't leaving the EU, the increase would be mahoosively greater!
     
  4. Isitreally

    Isitreally Active Member


    Oh no it wouldn't, it would be massively lower due to the pound being massively overvalued.
     
  5. Devil's Advocate

    Devil's Advocate Well-Known Member

    Lol, IIR - this is what you honestly expected?! Good lawd.

    Anyhoo, it is down to two main factors; the first is the large economic growth in the REST of the world (sadly, not us) with a resultingly increased demand, and the second cause is the weakened pound.

    So, yes, it's 'down' to Brexit.

    Well done the UK - riding on the world's coat-tails...
     
  6. btiw2

    btiw2 Well-Known Member

    I liked the pound being valuable. I don't have Yen, Kroner or Rupees in my pocket. I have pounds (six of them to be precise).

    I dislike other countries thinking the pounds I have are worth less than they were. They have stuff (like food and manufactured goods) that I want to buy. I want them to think my currency is worth something.

    Sure, it's great if you're exporting because the other countries pay in a proper currency - not rubbish, monopoly money, pounds.
    The exporter can then buy pounds cheaply with that foreign currency and give the cheap, crapee pounds to the employees.
    Employees' pounds which ultimately have to be converted into dollars or euro to import food.

    In fairness - it could have been worse. The dollar has also taken a slide over the last twelve months too, so the pound/dollar rate isn't as bad as would have been had there been a US president with a triple digit IQ.

    But the bit I really don't understand is when people tell me the pound was massively overvalued.
    It's sort of saying, British pounds were always rubbish - but it took Brexit to prove* it!

    * but probably not proven to JoT's exacting standards.
     
  7. Isitreally

    Isitreally Active Member


    Do you really like the pound so valuable that it actually harm our businesses which in turn harm's our country. ??
     
  8. fillyboy

    fillyboy Well-Known Member

    Increased world demand = increased exports, it's how it works, describing it as riding on the world's coat-tails is not only disingenuous, it's a little odd.
     
  9. fillyboy

    fillyboy Well-Known Member

    Once the Italian banking crisis kicks in, expect a reversal, I wouldn't bet 'long' on the euro.
     
  10. Isitreally

    Isitreally Active Member


    Euro will be gone before long.

    I'll take less than 5 years at evens, anyone else what to estimate a time scale.
     
  11. fillyboy

    fillyboy Well-Known Member

    Two years max.
     
  12. longboat

    longboat Well-Known Member

    He's bound by these traits, he just can't help himself it's in his nature.
     
  13. Can't help thinking that those that 'launder' their profits into foreign banks so to AVOID tax can't be too happy, the pound being weak.
    Mention no names, of course.
     
  14. chippie244

    chippie244 Well-Known Member

    The u-s giving each other a mutual reach around.
     
    Devil's Advocate likes this.
  15. Devil's Advocate

    Devil's Advocate Well-Known Member

    :D It is very very funny to watch.

    their posts, I mean...
     
  16. longboat

    longboat Well-Known Member

    Stop your pining.
     
  17. Isitreally

    Isitreally Active Member

    DA I see you've finally used a self portrait as an avi, you're certainly an a***
     
  18. chippie244

    chippie244 Well-Known Member


    Up your bum :)
     
    longboat likes this.
  19. longboat

    longboat Well-Known Member

    It's better to give than receive.
     
  20. chippie244

    chippie244 Well-Known Member

    That depends if you are a sponge or a stone, which one are you?
     

Share This Page