[Merged]Brexit stuff

[Old Greg]

I was hoping to post some gr8 news because I'm so excited about Brexit

unfortunately the economic news coming out is very very gloomy indeed

https://www.theguardian.com/business...-growth-figure



Very very gloomy, and article 50 hasn't been handed in yet, and it will get even worse the day after Brexit proper when suddenly companies will have to spend a fortune on filling out export licences and bribing officials to get stuff through customs.

I'll hunt around for some good news, I'm sure there is some, Brexit means Brexit and it's going to be great

Misery guts. It will be boom time for liquidators and bailiffs.

[m0n1k3r]

Isn't the EU already USA 2?

So the UK leaving is basically Rhode Island deciding to leave the USA and go it alone?

At least they've got the lobsters.

[m0n1k3r]

Doesn't matter how soon it happens. As long as it happens.
Rome wasn't built in a day. People need to get away from this whole "instant gratification" mindset.

Yes! Hope and Change!

Especially hope.

[m0n1k3r]

The low value of the pound helps British exporters. If imports become too expensive then it becomes much more viable to produce them locally here. We have the skills to manufacture virtually everything we may need here in any case, and most of the raw materials we may need can be sourced reasonably cheaply from Commonwealth countries. More jobs for British manufacturing workers so win-win.

What do we export? Marmite is a bi-product made of raw materials msotly imported from the EU.

[m0n1k3r]

Most of the losers are corp tax dodging, slave/immigrant/work permit loving companies, upset their low pay, low tax, high profit business is being "threatened".

Let them fook off, the market has many better companies to fill the void.

Sports Direct?

[shaunbhoy]

What do we export? Marmite is a bi-product made of raw materials msotly imported from the EU.

Yes, I have no doubt the viability of post-brexit Britain will hinge largely on the sales of Marmite.

[Old Greg]

Brexit's positive impact to rebalance the economy

https://www.theguardian.com/business...er-brexit-vote

Ignore the negative Bremaining tone of the article - we all need to pull together now!

A poll by market researchers GfK recorded the biggest slide in consumer confidence for more than 26 years in July. The group said people were on average gloomier about their own finances, the broader economy and whether now was a good time to make big purchases such as furniture and household appliances.

A separate survey of manufacturing companies, also published on Friday, paints a similar picture. Manufacturers’ organisation EEF said that the sector’s recovery was under threat as its poll revealed business confidence had fallen in every region of England and Wales.

This is actually great news as it means individuals will be paying down debt and saving money, rather than foolishly spending it in the economy. Hurrah for Brexit!

[diseasex]

https://www.theguardian.com/business...er-brexit-vote

Ignore the negative Bremaining tone of the article - we all need to pull together now!



This is actually great news as it means individuals will be paying down debt and saving money, rather than foolishly spending it in the economy. Hurrah for Brexit!

If people start saving more and spend less we might end up in spiral of deflation :S And it's bad

[WTFH]

If people start saving more and spend less we might end up in spiral of deflation :S And it's bad

Explain your reason why you think that is bad.

[Old Greg]

Explain your reason why you think that is bad.

He's just being a moany Bremainer. This is great news as it will deal with the private debt crisis ad we will live within our means.