Watch the British Pound collapse

Milagro said:
Both Toyota and Nissan have huge car plants in England. The German car manufacturers like BMW are shitting themselves right now and with very good reason. BMW alone send 17% of their production to the UK and overall the Germans export over 800,000 cars a year to us. We are their largest market, the economy would collapse as so much of the Eurozone is in the doldrums.
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it looks like that "10%" import EU tariff would never happen.
Frankly I think almost all of this is Chicken Little ( if you get the reference) "sky is falling".
The market drops suddenly because that's what markets do; and the correction was sudden instead of baked in.
as so much of the Eurozone is in the doldrums
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which is a danger of a recession whether UK's Brexit or not.

It's a divorce ,and all divorces are net losses; if Brussels wasn't so arrogant and unresponsive it never would have happened
 
anatta said:
Japan carmakers weigh UK options post-Brexit
http://www.ft.com/cms/s/0/1bef35ac-3c44-11e6-8716-a4a71e8140b0.html
Companies are watching to see if Britain would be able to avoid a 10 per cent levy on its exports to the EU. A depreciation of sterling — if it continues — may also help to offset the negative impact from the tariffs even if they are imposed.

“There are a lot of moving parts and I wouldn’t expect a drastic decision within three years,” said Kurt Sanger, analyst at Deutsche Bank.
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Right, so if the pound crumbles for three years....then it will be known as an unsafe investment.
Keep trying retard.
A weak currency is good for EXISTING manufacturing.
Unfortunately the UK doesn't have any. Fucking moron.
 
anatta said:
it looks like that "10%" import EU tariff would never happen.
Frankly I think almost all of this is Chicken Little ( if you get the reference) "sky is falling".
The market drops suddenly because that's what markets do; and the correction was sudden instead of baked in.

which is a danger of a recession whether UK's Brexit or not.

It's a divorce ,and all divorces are net losses; if Brussels wasn't so arrogant and unresponsive it never would have happened
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Of course it is, as soon as they get behind closed doors they will talk turkey. They will also shove that twat Juncker out as well, he is suffering from bad health which is hardly surprising as he is a major pisshead. They say if you want to do business with him, do it in the morning as he is drunk in the afternoon.
 
Rune said:
Right, so if the pound crumbles for three years....then it will be known as an unsafe investment.
Keep trying retard.
A weak currency is good for EXISTING manufacturing.
Unfortunately the UK doesn't have any. Fucking moron.
Click to expand...

Why didn't Norway join the EU, answer that if you can?
 
Rune said:
Right, so if the pound crumbles for three years....then it will be known as an unsafe investment.
Keep trying retard.
A weak currency is good for EXISTING manufacturing.
Unfortunately the UK doesn't have any. Fucking moron.
Click to expand...
idiot. if the "pound crumbles for 3 years" it would be because the "EU doldrums" now in effect are a worldwide contagion.
Do you think the bankers of the UK ( which is a big part of their economy) don't know this?
and cannot negotiate an exit that doesn't do a 3 year meltdown? why would the EU want it?

The parties will work it out. FOLLOW THE MONEY. Despite all the initial rhetoric when it comes to MONEY,
terms will set that work for both - since it's in both sides interest to do so.

The UK doesn't rely on manufacturing like China or Japan -it's the 5th largest economy,
while only the 11th largest manufacture by country.
 
Milagro said:
Of course it is, as soon as they get behind closed doors they will talk turkey. They will also shove that twat Juncker out as well, he is suffering from bad health which is hardly surprising as he is a major pisshead. They say if you want to do business with him, do it in the morning as he is drunk in the afternoon.
Click to expand...

Underneath all of the bluster, what is it you want? What deal do you wish to come out of this "turkey talk"? I haven't seen any specifics.
 
anatta said:
idiot. if the "pound crumbles for 3 years" it would be because the "EU doldrums" now in effect are a worldwide contagion.
Do you think the bankers of the UK ( which is a big part of their economy) don't know this?
and cannot negotiate an exit that doesn't do a 3 year meltdown? why would the EU want it?

The parties will work it out. FOLLOW THE MONEY. Despite all the initial rhetoric when it comes to MONEY,
terms will set that work for both - since it's in both sides interest to do so.

The UK doesn't rely on manufacturing like China or Japan -it's the 5th largest economy,
while only the 11th largest manufacture by country.
Click to expand...

Although manufacture has shrunk over recent years, it is still significant. We have machine tools, electric power equipment, automation equipment, railroad equipment, shipbuilding, aircraft, jet engines, motor vehicles and parts, electronics and communications equipment, metals, steel, chemicals, coal, petroleum, paper and paper products, food processing, textiles, clothing, and other consumer goods to name a few.
 
anatta said:
idiot. if the "pound crumbles for 3 years" it would be because the "EU doldrums" now in effect are a worldwide contagion.
Do you think the bankers of the UK ( which is a big part of their economy) don't know this?
and cannot negotiate an exit that doesn't do a 3 year meltdown? why would the EU want it?

The parties will work it out. FOLLOW THE MONEY. Despite all the initial rhetoric when it comes to MONEY,
terms will set that work for both - since it's in both sides interest to do so.

The UK doesn't rely on manufacturing like China or Japan -it's the 5th largest economy,
while only the 11th largest manufacture by country.
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No shit Capt. Obvious.
That is exactly my point, in reply to Tsuketroll,
A weak currency can't help the UK but keep showing your ignorance intellectual midgit.
 
Milagro said:
Although manufacture has shrunk over recent years, it is still significant. We have machine tools, electric power equipment, automation equipment, railroad equipment, shipbuilding, aircraft, jet engines, motor vehicles and parts, electronics and communications equipment, metals, steel, chemicals, coal, petroleum, paper and paper products, food processing, textiles, clothing, and other consumer goods to name a few.
Click to expand...

Bullshit.
There is one private ship being built in England, a small ferry.
In a break from rhe past even the latest military order went to Korea.
Norway meanwhile is building 53 private ships as we speak.
Suffer my bitch.
 
Darla said:
Underneath all of the bluster, what is it you want? What deal do you wish to come out of this "turkey talk"? I haven't seen any specifics.
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He doesn't know what he wants except he wants the drubbing diwn to end.
Oh the misery.

Welcomeback to 1972 Britards.
 
Rune said:
No shit Capt. Obvious.
That is exactly my point, in reply to Tsuketroll,
A weak currency can't help the UK but keep showing your ignorance intellectual midgit.
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you have no points, because you have no clues.
Or you are unable enunciate a basic talking point. Or both, and I'm not going to waste keystrokes pulling it out of you.
 
Rune said:
Bullshit.
There is one private ship being built in England, a small ferry.
In a break from rhe past even the latest military order went to Korea.
Norway meanwhile is building 53 private ships as we speak.
Suffer my bitch.
Click to expand...
shipbuilding is the only sector you evaluate??? Here's a clue.
http://www.themanufacturer.com/uk-manufacturing-statistics/
Manufacturing makes up 11% of UK GVA and 54% of UK exports and directly employs 2.6 million people.
 
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