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Great news for exporting all those German and French diesels which no one on the planet will buy.
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They are investing astronomical amounts into electric cars and this will allow them to keep auto industry, where as in this country it is now doomed to become 2nd coal mining industry.Comment
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There are rumours of the imminent demise of the Euro.I'm alright JackComment
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Fun fact: on the date the European Union Referendum Act 2015 was introduced as a bill to Parliament, £1 was worth €1.40.Originally posted by BlasterBates View PostComment
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I'm alright JackComment
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I don't get it!!! If someone is laughing are the Germans at you!Originally posted by DimPrawn View Post
Germany has the second largest net exports in the world (only behind China), this means that contrary to the UK Germany has a very positive net exports (UK has negative)! - If you don't get it, means that Germany exports way more than imports and UK has to import more than exports!
To conclude:
- A weak Euro are very good news for Germany (or for any countries with positive net exports using the Euro) - that's why Germany has been artificially weakening the Euro in the last few years.
- A weak Pound are bad news for the UK, bcz we import more than we export!"The boy who cried Sheep"Comment
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Brexit isn't the problem; it's uncertainty. As soon as a clean Brexit is achieved, the global jam, tea and biscuit markets are there for the taking, and the UK can ditch the legacy automotive, aeronautical and pharmaceutical industries.Originally posted by BlasterBates View PostComment
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Who needs the Euro if you have free trade agreements with the Faroe Islands and Liechtenstein?Comment
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