studio150
Well-known member
Probably more a case of convincing himself than others
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[Politics] Brexit
- Thread starter KingstonSeagull
- Start date
Probably more a case of convincing himself than others
What is the product and what is its role within the mainstay of your business, if you have an increase of 15% on 10p widgets its pretty much inconsequential whereas if its a 15% increase on key high cost products then it has an impact, but any business with brain cell would do well to not over complain about currency fluctuations.
I see you have little sense of consequences for your business neighbours that might export, nor any sense of balance to perhaps suspect that an overvalued pound was giving you an unfair advantage on sourcing products from abroad, in a way subsidising your competitiveness.
Of course one of the main arguments at the time of the UK considering joining the Euro was that these fluctuations and associated positives and negatives would be wiped due to a common currency and I do not see any Remainers nor Brexiteers thinking we missed an opportunity there.
So pick your preferred economic data with care, or you might look slightly stupid.
Of course it is.
It is across a range of products, from small low value items, to high value premium brands, but it does not make one iota's difference as it is the exchange rate doing the damage. Add on the rising cost of fuel, both in real terms and in pound/dollar terms and things are beginning g to compound upon each other. But the base line is that the cost of imported goods is rising and you cannot argue that this is not true. But it is not only products but raw materials used in production of goods that we export too. I am not particularly trying to paint a black picture, but if you do not recognise problems that are only just around the corner then you are a fool.
Exports are rising, great. But unless that translates into wage rises for bus drivers, shop workers and nurses then they are all going to be worse off because of rising inflation. There are also a large minority of workers who have mortgages who have never lived in an inflationary era, and they are going to see their monthly repayments rising too. Double whammy coming right up.
And once the Brexit button is actually pressed the pound will nosedive again. Gonna go out on a limb against all the predictions and say inflation will be at least 5% in around eighteen months. Good luck with that.
You may be correct but, the doom was meant to start after the referendum, Armageddon was upon us. Now because the meltdown has not happened the predictions are now 2 years away. Hedging the bets eh.
Baldseagull
Well-known member
You think he looks stupid for saying that in his company, costs have increased and prices will therefore rise?
portslade seagull
Well-known member
Why weren't you moaning when the oil price was over $100 dollars a barrel a couple of years or more ago. We were paying far more for fuel then. I suppose it doesn't support the constant negativity against Brexit. Whilst we are at it what about when the pound was last valued below what it is now, again it doesn't suit your argument.
Baldseagull
Well-known member
It is a bit daft to say we have had problems before with different causes, so problems now cannot be due to Brexit.
Billy the Fish
Technocrat
The road will undoubtedly be rocky and there will be winners and losers in the short to medium term. We will all have to cut our cloth accordingly.
Leave voters believe that is a price worth paying in order to start fixing our political system and we'll be better off in the long term, it's a simple as that.
Brexit is the new Thatcher [MENTION=12947]Lincoln Imp[/MENTION] [MENTION=23343]Baldseagull[/MENTION] and [MENTION=20527]studio150[/MENTION] are going to be on social media for the next 25 years blaming Brexit for every price rise, every person who loses their job, every interest rate change, every fuel price rise, every time the FTSE drops etc. etc. etc........
On the plus side, at least Maggie finally gets a break!
Leave voters believe that is a price worth paying in order to start fixing our political system and we'll be better off in the long term, it's a simple as that.
Brexit is the new Thatcher [MENTION=12947]Lincoln Imp[/MENTION] [MENTION=23343]Baldseagull[/MENTION] and [MENTION=20527]studio150[/MENTION] are going to be on social media for the next 25 years blaming Brexit for every price rise, every person who loses their job, every interest rate change, every fuel price rise, every time the FTSE drops etc. etc. etc........
On the plus side, at least Maggie finally gets a break!
Baldseagull
Well-known member
I believe that is a price worth paying in order to start fixing our political system, I do not believe we are on any such path though.
And you're going to be on social media in 25 years time saying the UK has always had exchange rate collapses, high unemployment, businesses derserting the uk etc etc. Can you also turn the light off when you leave.
His was just an anecdotle story of his workplace, driven by his own position of a Remainer who had previously cited immediate economic disaster if we had the temerity to vote leave, it never happened and current data isnt backing up his or yours view, so you just push the negative prediction upstream, 18 months, after triggering article 50, a year, 10 years and so on.
It doesnt reflect reality or the wider picture, inflation is currently standing at 1.6% and not 15% thats the reality and serving up just another dollop of future assumptions is worthless, especially from you Remainers as you scurry around trying to justify your previous inaccurate predictions by now looking for anything that might offer a titbit of negativity, you are just waiting for that day, that one day when you can say 'I told you so', a reprieve perhaps but at present us Brexiteer can say 'I told you so' each day since June 23rd 2016 and it feels good.
Two Professors
Two Mad Professors
Should change your name to 15%.Are you the goon who said everything physical would increase 15% in 3 months?My newspaper is still the same price.The 2 liters of milk I bought this morning is cheaper than before Christmas.My Tesco on-line shop was 20p cheaper than before Christmas etc.Funny how you lot have always got a brother,sister,neighbour,european friend,abused person,disadvantaged benefit claimant now worse off etc and never back it up.
Could be looked at that some seem to think we never had these problems before Brexit, and what problems are we actually seeing post Brexit, and not ones that MIGHT happen.
I think you are replying to the wrong post .....
Two Professors
Two Mad Professors
If I am,many apologies.The post Referendum lunchtime beer must be stronger,due to the brewers putting less water in (15% price increase in water)
deletebeepbeepbeep
Well-known member
- May 12, 2009
- 20,947
Brexshit.
Two Professors
Two Mad Professors
Just been for one,but it was almost a Remainturd
studio150
Well-known member
You may jest but check out the rising cost of Sussex pints on the Argus site
I don't have an argument, I have a fact for you........Inflation is going to rise. Fact.