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Tory Brexit DOOM™: DFS

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    #11
    Originally posted by milanbenes View Post
    Bob,

    this is the point isn't it, MuitiYork is for people moving or renovating

    DFS is for the Jeremy Kyle brigade

    DFS is the barometer of the Jeremy Kyle brigade who's consumer credit powers the economy

    if this band of never never warriors start to tighten their belts

    pop goes the weasel

    Milan.
    I think there is some truth in that but you have to wonder how much buying power that demographic really has. I worked for a chap years ago that had the opinion that you need to watch the luxury goods sector so champagne, handbags etc. when they start dropping there really is a problem. I have seen two of the new Maserati 4x4 in the last week and there are about 4 of the Bentley Bentayga's doing the rounds in my hood and we is countryside plebes by comparison to London.

    Do I think we will see some silly times ahead? Certainly there might be some odd figures, but not as bad as some of the remain campaigners seem to be begging for. But I do think that there is truth in the argument that the media can talk sentiment into a crash and Im not sure its worth losing your house and worldly possessions just to get bragging rights about how bad things are...

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