Brexit turmoil hits the pound

[SheungWan]

2 hours ago, sanemax said:

U.K wants to be free from Europe , its what British people voted for  

Unfortunately that little ditty doesn't quite play out on the UK's Western flank.

[SheungWan]

On 12/10/2018 at 9:21 AM, Kwasaki said:

That's pretty obvious 2 years ago many were saying that especially the rich 1% who didn't want UK to leave EU.

It's good for UK to export all it's manufacturing goods.

With the UK FTSE 100 many UK companies manufacture overseas and in addition import materials for manufacture in the UK. The picture is not as simple as some may think.

[Kwasaki]

40 minutes ago, SheungWan said:

With the UK FTSE 100 many UK companies manufacture overseas and in addition import materials for manufacture in the UK. The picture is not as simple as some may think.

Yeah get you I'm no expert but exports were good in 2017, looks like UK car industry may suffer on leaving but not sure for how long if someone UK takes a hard line. 

[SheungWan]

I don't think I will be using my sterling-based credit card any time soon again in Thailand for day to day shopping. Even for the points it just doesn't seem worth it. 

[beautifulthailand99]

There are still some British idiots who punt Btrexit on these boards - the ex head of the WTO said crashing out on WTO terms would be like going from the 1st to the 4th Division along with Bangladesh. Time for JRM and the other spivs , chancers and fools to put out a fully costed proposal as an alternative to staying in and put that to Parliament. Else we stay in and put an end to this madness. It's now well beyond a joke - WTO could get us a 30 baht pound if we are not careful. 

[bomber]

On 12/10/2018 at 2:21 AM, Kwasaki said:

That's pretty obvious 2 years ago many were saying that especially the rich 1% who didn't want UK to leave EU.

It's good for UK to export all it's manufacturing goods.

the UK imports a lot more than it exports and even the car exporters will be gone in 5-10 years regardless of deal or no deal,that leaves even less the pound would have to drop to something insanely low like €0.75 or $0.90 to trigger even a glimmer of a manufacturing recovery after brexit,btw that would mean a pound being worth about 28bt,the 1% rich you speak about were people with brains and sense hence they are rich,regrettably the UK is generally a nation of envious folks who think everyone that has made money is just lucky or born into it,ive lived with it for 25-30 years and iam not exactly rich but comfortable believe me the average brit is a despicable jealous human being,no surprise brexit won the day but they will pay the price and have already,£1500-2000 per adult/taxpayer was figure quoted a few month after the vote expats around the world god knows how much more,the £1500-2000 will end up being a lot higher

[beautifulthailand99]

1 minute ago, bomber said:

the UK imports a lot more than it exports and even the car exporters will be gone in 5-10 years regardless of deal or no deal,that leaves even less the pound would have to drop to something insanely low like €0.75 or $0.90 to trigger even a glimmer of a manufacturing recovery after brexit,btw that would mean a pound being worth about 28bt,the 1% rich you speak about were people with brains and sense hence they are rich,regrettably the UK is generally a nation of envious folks who think everyone that has made money is just lucky or born into it,ive lived with it for 25-30 years and iam not exactly rich but comfortable believe me the average brit is a despicable jealous human being,no surprise brexit won the day but they will pay the price and have already,£1500-2000 per adult/taxpayer was figure quoted a few month after the vote expats around the world god knows how much more,the £1500-2000 will end up being a lot higher

Putin's troll factory money was well spent on feeding mindless memes to the great unwashed pickling their grievances in a one-stop kick the establishment solution. 

[bomber]

3 minutes ago, beautifulthailand99 said:

There are still some British idiots who punt Btrexit on these boards - the ex head of the WTO said crashing out on WTO terms would be like going from the 1st to the 4th Division along with Bangladesh. Time for JRM and the other spivs , chancers and fools to put out a fully costed proposal as an alternative to staying in and put that to Parliament. Else we stay in and put an end to this madness. It's now well beyond a joke - WTO could get us a 30 baht pound if we are not careful. 

JRM looks like he could cause more harm to the nation than JC,where are all these tory wannabe leaders at these days? step forward please,your correct its a total farce now and vast majority of MPs know it but havent the balls to say so they word it differently.They have the power to stop it or vote again,i doubt farage and BJ would even be bothered they never expected to in the first place anyway but they underestimated how brainless ya average brit was.

[Kwasaki]

40 minutes ago, bomber said:

I doubt farage and BJ would even be bothered they never expected to in the first place anyway but they underestimated how brainless ya average brit was.

Hence brexit thank goodness let England rule again. ????

[bomber]

22 minutes ago, Kwasaki said:

Hence brexit thank goodness let England rule again. ????

???? that great nation of lazy benefit scroungers,who make so little to sell to the world these days,the envy of the world ????   you even have to name yourself after a Jap manufacturer ???? says it all really

Edited December 11, 2018 by bomber

[SheungWan]

2 hours ago, beautifulthailand99 said:

There are still some British idiots who punt Btrexit on these boards - the ex head of the WTO said crashing out on WTO terms would be like going from the 1st to the 4th Division along with Bangladesh. Time for JRM and the other spivs , chancers and fools to put out a fully costed proposal as an alternative to staying in and put that to Parliament. Else we stay in and put an end to this madness. It's now well beyond a joke - WTO could get us a 30 baht pound if we are not careful. 

If there has been one thing consistent from the Hard Brexiteer crowd all the way through from David Davis doing nothing while supposedly negotiating it is that they have no intention of putting out a fully costed anything as far as Brexit is concerned. If there was then the markets would not be marking down sterling as they have been. What is on the table is the current agreement vs disorderly exit. And that is it, other than an even softer agreement with Labour.

[Kwasaki]

13 hours ago, bomber said:

who make so little to sell to the world these days,

  ????   you even have to name yourself after a Jap manufacturer ???? says it all really.

Wrong again, 

The United Kingdom shipped US$445 billion worth of goods around the globe in 2017.
That dollar amount reflects a -18.8% setback since 2013 but an 8.1% uptick from one year earlier in 2016.
From January to September 2018, UK’s exported goods were valued at $368.7 billion. This 9-month metric puts UK exports on track for an annualized $491.6 billion estimated for all 2018.
Based on estimates from the Central Intelligence Agency’s World Factbook, United Kingdom’s exported goods plus services represent 30.1% of total UK economic output or Gross Domestic Product. The analysis below focuses on exported products only.

 

Name !!   nah don't spell the same and your right the J A P manufacturing company was a great UK company and stupid UK rich in the UK did nothing to save it.

 

[Naam]

4 minutes ago, Kwasaki said:

Wrong again, 

The United Kingdom shipped US$445 billion worth of goods around the globe in 2017.
That dollar amount reflects a -18.8% setback since 2013 but an 8.1% uptick from one year earlier in 2016.
From January to September 2018, UK’s exported goods were valued at $368.7 billion. This 9-month metric puts UK exports on track for an annualized $491.6 billion estimated for all 2018.
Based on estimates from the Central Intelligence Agency’s World Factbook, United Kingdom’s exported goods plus services represent 30.1% of total UK economic output or Gross Domestic Product. The analysis below focuses on exported products only.

 

Name !!   nah don't spell the same and your right the J A P manufacturing company was a great UK company and stupid UK rich in the UK did nothing to save it.

 

UK 2016 - exports 374 billion, imports 609 billion, negative balance 235 billion.

https://atlas.media.mit.edu/en/profile/country/gbr/

[Kwasaki]

20 minutes ago, Naam said:

UK 2016 - exports 374 billion, imports 609 billion, negative balance 235 billion.

https://atlas.media.mit.edu/en/profile/country/gbr/

Stop imports from Germany, France & Netherlands job done & sorted. ????

[Naam]

5 hours ago, Kwasaki said:

Stop imports from Germany, France & Netherlands job done & sorted. ????

Quote

Of the 1.7 million cars produced in the U.K. in 2016, over half were exported to EU markets. Conversely, only around one in five cars produced in Germany head over the Channel but carmakers like BMW have production plants in the U.K. and Britain is Germany's fifth largest trading partner overall.

 

https://www.politico.eu/article/german-industry-to-uk-we-wont-undermine-single-market-over-brexit/

[bomber]

6 hours ago, Kwasaki said:

Stop imports from Germany, France & Netherlands job done & sorted. ????

JLR,toyota,nissan,honda,ford,vauxhall/opel will stop importing from these nations,whey cross oceans when slovakia and poland are just down the road....JOB SORTED 

[bomber]

6 hours ago, Kwasaki said:

Stop imports from Germany, France & Netherlands job done & sorted. ????

JLR,toyota,nissan,honda,ford,vauxhall/opel will stop importing from these nations,whey cross oceans when slovakia and poland are just down the road....JOB SORTED 

[elliss]

 

           Vote of no confidence in May announced .   GBP  recovers slightly .

[bomber]

6 hours ago, Naam said:

UK 2016 - exports 374 billion, imports 609 billion, negative balance 235 billion.

https://atlas.media.mit.edu/en/profile/country/gbr/

these figures are the facts that leave voters hate to see,these figures tell you that britain is not a producing nation even with the help of a shattered currency,brexit and labour will finish off most of the little thats left.

[sanemax]

5 minutes ago, bomber said:

these figures are the facts that leave voters hate to see,these figures tell you that britain is not a producing nation even with the help of a shattered currency,brexit and labour will finish off most of the little thats left.

Where are you from and why do you hate the U.K. ?

[bomber]

2 minutes ago, elliss said:

 

           Vote of no confidence in May announced .   GBP  recovers slightly .

and who is going to want the job,no deal boris ha ha that has less chance of getting that through parliment than mays plan and if it did you can take another 3%-5% off the pound.Labour are coming the Tories know brexit is a shambles and want JC to inherit it,they know they will walk in the election after to attempt to clean up the mess.The germans must be urinating themselves,who was on here said the EU was about to collapse????

[bomber]

1 minute ago, sanemax said:

Where are you from and why do you hate the U.K. ?

the UK i know it very well,i will be leaving in around 2 years,i would be going regardless of brexit.iam sure there will be plenty returning home skint to enjoy the fruits of brexit and the Labour party lets hope they know how to pick tatties. 

[sanemax]

47 minutes ago, bomber said:

the UK i know it very well,i will be leaving in around 2 years,i would be going regardless of brexit.iam sure there will be plenty returning home skint to enjoy the fruits of brexit and the Labour party lets hope they know how to pick tatties. 

So, you are a foreigner in the UK unhappy because Brits voted Brexit and now you have to  leave the UK ?

[bomber]

3 minutes ago, sanemax said:

So, you are a foreigner in the UK unhappy because Brits voted Brexit and now you have to  leave the UK ?

i didnt vote as it makes little difference,i live here my bizzness and income is not effected same as it never was by the EU and i have no kids,but many arent so lucky especially oversea's expats like many on here and thousands who will loose their jobs after brexit and Labour,never mind the NHS might yet crumble as all the poles will be replaced by skint old  expats returning home needing liver and kidney transplants,hip replacements and HIV treatment,they should be made to do the tattie picking jobs the poles left.

[bomber]

1 hour ago, elliss said:

 

           Vote of no confidence in May announced .   GBP  recovers slightly .

2-3% drop in sterling expected if may is ousted.fill ya boots at 40 will you can,its the new 50????

MPs take sides ahead of crucial vote - BBC News.html

[Kwasaki]

4 hours ago, Naam said:

Yeah I'm not up to all the finance stuff one report gives good news another doom downer, just wish someone would make a decision and get on with it. 

The £ = baht thing seems to bother many here.

[Naam]

what if there's a Brexit and nobody attends?

[mogandave]

If you Brex-it they will come!!!

[elliss]

1 hour ago, Kwasaki said:

 

The £ = baht thing seems to bother many here.

         Because,, some  T.Visa  members,  actually live in Thailand .

       Therefore we depend on our UK pensions , to  survive / exist here . 

[bomber]

1 hour ago, Naam said:

what if there's a Brexit and nobody attends?

boris and nigel will have amuse themselves' some other way,tindlewinks is interesting