Brexit watch

Started by Nick, October 20, 2016, 18:02:39 pm

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döm

A Bank of America report states that they believe sterling is evolving into a currency that resembles the reality of the British economy. Small and shrinking with a growing dual deficit problem.

It's losing its status as one of the 5 major currencies and is approaching the stature of the Mexican peso.

https://amp.ft.com/content/4fd04fd9-7209-4b7c-97a1-97466f226159

Another cost of the pointless vanity project that is Brexit
When the truth offends we lie and lie until we can longer remember it is even there. But it is still there. Every lie we tell incurs a debt to the truth. Sooner or later, that debt is repaid

Bisto

Quote from: döm on June 25, 2020, 07:58:28 amA Bank of America report states that they believe sterling is evolving into a currency that resembles the reality of the British economy. Small and shrinking with a growing dual deficit problem.

It's losing its status as one of the 5 major currencies and is approaching the stature of the Mexican peso.

https://amp.ft.com/content/4fd04fd9-7209-4b7c-97a1-97466f226159

Another cost of the pointless vanity project that is Brexit
It's not a vanity project, it's a help yourself project
No good deed goes unpunished!

No amount of anxiety can change the future. No amount of regret can change the past.

DavidL

Quote from: döm on June 25, 2020, 07:58:28 amAnother cost of the pointless vanity project that is Brexit
Oh, the irony!  ;D ;D ;)

döm

When the truth offends we lie and lie until we can longer remember it is even there. But it is still there. Every lie we tell incurs a debt to the truth. Sooner or later, that debt is repaid

döm

The madness of Brexit continues.

No plan on how to deal with RO RO traffic on the Dover Calais route that will no require customs checks

It really is an utter shambles!

https://www.bloomberg.com/amp/news/articles/2020-06-25/britain-s-post-brexit-border-plan-has-a-truck-sized-hole-in-it
When the truth offends we lie and lie until we can longer remember it is even there. But it is still there. Every lie we tell incurs a debt to the truth. Sooner or later, that debt is repaid

Nick

So from being the easiest deal in history it now looks like we are leaving with no deal. What an utter shower of sh*t for everybody.
Everybody's got to evalate from the norm.

DavidL

Quote from: Nick on July 03, 2020, 14:07:04 pmSo from being the easiest deal in history it now looks like we are leaving with no deal. What an utter shower of sh*t for everybody.
I think you are being pessimistic

https://uk.finance.yahoo.com/news/trade-flourish-without-brexit-deal-140000269.html

Nick

Very tough now, customers refusing deliveries, huge forecast reductions. Bit of a downward spiral.
Everybody's got to evalate from the norm.