When is it going to get better Brexiteers ?
- Thread starter gov
- Start date
who knows.hah bullshit - you think BMW are going to raise their prices? M140i's have never been cheaper!
BMW will be bricking it over the possibility of reduced UK sales.
Don't forget - BMW is a finance company nowadays, hence why they've lost a chunk of their hardcore following on their current range with current products targeting volume sales for finance deals, riding the historical 'quality' rep.
BMW will be bricking it over the possibility of reduced UK sales.
Don't forget - BMW is a finance company nowadays, hence why they've lost a chunk of their hardcore following on their current range with current products targeting volume sales for finance deals, riding the historical 'quality' rep.
'Stop' is too simplistic. We extend the time we keep them, buy lower spec, smaller models, longer term finance/PCP, etc.jimmybell said:
I see all media outlets have their eyes focused on stories of Brexit, Marmite and washing powder. While in Germany deutsche bank is about to collapse, with another 1000 German workers laid off and its stock price at levels last since in the 80’s recession. Oh, and if you google hard enough you may see another 2 billion being paddled over to Greece so a Grexit doesn’t occur... Someone pass me the strawberry jam please?
jimmybell said:
For some maybe yes, but its not just cars its consumer good across the board in fact everything that's imported so any price increases will be paid for by you and me.
I honestly don't think people who voted out really understood the complexities and knock on affect, still that's what they voted for to ensure their earnings will go less.
Tim.
TitanTim said:
Some people may not have understood what they are voting for but a great many did. I would say that your reasoning could be leveled at some who voted to remain?
I am fully aware that leaving the EU could have an impact on earnings and a great many other things, but long term I believe it will be for the better. The economy is just one argument for leaving.
stevengude
Member
As a buyer, its been hell since Brexit. The unstable currency has massively pushed up all costs from goods we import from the far east and from europe.
stevengude said:
I'll bet, as this isn't some theoretical economic issue, but a c17% change in the value of Sterling to the 2 main currencies that we are pegged to
I was speaking to a seller earlier this week and the issue wasn't much better. While he sells in Europe he has a big short term gain, but his supplier does not want to up the output (read increased fixed costs) and his costs are about to leap as ironically he has to import most component parts from Europe, so he may well soon be increasing his prices
stuartinzg
Active member
Our costs have risen by 30%, which wipes out profit as we have an office in Europe. I was very annoyed, angry, upset and disappointed, but I've made new plans to work around it. We are launching new product which we can charge in dollars and euros, the idea being to reduce risk by transferring the strongest currency each month to pay bills and keeping a float in all 3 currencies. We've renewed focus on an international sales drive and I'm getting a foreign EU passport. Light at the end of the tunnel - I just hope the £ stays up long enough to realise all these goals as our reserves are also effectively cut by 30%. Good luck everyone, there's problems ahead.
stuartinzg
Active member
ranski said:
Germany has a massive economic output and a huge exporter. It is the centre of the EU and other countries in the EU will help keep the balance. I've read into their bank issues (admittedly, not in great depth), but I think you'll find they will most likely avoid any shock tactics as we've embarked on. Even if they do let it collapse it may have the same effect as Iceland, they will all be better off (within a short amount of time too). They have an extremely experienced, talented and well battle hardened government (mind the pun), with a lot more experience than May, Boris et al at handling economic issues (but we will soon see - I hope I am proved wrong). I'd bet they will weather this better than we will, then you will see an exodus of the financial sector to Paris and Germany which will further strengthen them. Our currency will dive, we'll lose 60+ billion off our GWP and begin the slow decline to where we were in the 70's before joining, one of the weakest members in terms of growth in the EU. We will struggle to implement any sort of immigrant quota, because we'll have huge problems in business with attracting talent (lets face it, most of the foreigner arguments are not even valid - I've seen plenty of comments where people think Brexit will reduce the number of Muslims, Indians, Syrians, Afgans and Africans. Do they realise most of EU is extremely similar to the UK? Do they realise these countries are NOT in the EU?).
We have a huge foreign debt to service which has now risen as we don't service it with gold anymore do we? My prediction is that we will become more and more irrelevant, within 10 to 15 years when the younger generation come into positions of power, you will see the UK re-join the EU.
This is all of course completely IMHO.
A lot of IN voters seem to have rose tinted classes...almost every 10 years we have a massive bust in our economy, resulting in a huge drop in equity, job losses, rising fuel prices, etc.....don't people remember 2008 and £1.35 per litre petrol and a 30% drop in housing prices...?
And I've not met too many people so far who can actually qualify a loss in business as a direct result of Brexit...
And I've not met too many people so far who can actually qualify a loss in business as a direct result of Brexit...
stuartinzg
Active member
Angelus666 said:
Did you read above? We haven't left yet and it is already painful.
Buying fx cca. £50k in euros equated to 70k euros. Now we will be lucky with 55k euros.
We also deal with universities who are already badly hit. Lots of sme's already struggling.
This is nothing like 2008, it will be considerably worse.
Personally I believe that Brexit is being used too much as a scape goat for the crap that has being going on in the UK for too long. For example:
If I hear one more person say "well yes I didn't vote but I never thought that people would be so stupid to vote in this manner!". If you really gave a dam then you should have got out and voted. In the past god knows how many years we have seen the number of people voting decline and yet the non voters do nothing but complain.
I absolutely agree with the earlier comment that the city dwellers have no idea what's going on in the rest of the UK. Being in the EU has had some real negative effects in parts of the UK, I live in Lincolnshire and have to say being a member of the EU has caused some real issues over here.
We have had years of the government not listening to its public, which is why we ended up with a hung parliament and why we are where we are. We vote the politicians in so they should bl***dy well listen, they work for us after all.
I could go on but won't. However it's about time that people stopped calling Brexiters stupid. If you don't like the way the vote went then complain about the people who couldn't be arsed to vote. They are the ones that are stupid in my mind. Also learn more about the areas of the UK that have been negatively impacted by being in the EU, maybe the future looks bleak in the short term and there maybe some more pain coming, but some regions have already been suffering for years.
No one truly knows what staying in the EU will look like in the future, nor what Brexit will mean either.
If I hear one more person say "well yes I didn't vote but I never thought that people would be so stupid to vote in this manner!". If you really gave a dam then you should have got out and voted. In the past god knows how many years we have seen the number of people voting decline and yet the non voters do nothing but complain.
I absolutely agree with the earlier comment that the city dwellers have no idea what's going on in the rest of the UK. Being in the EU has had some real negative effects in parts of the UK, I live in Lincolnshire and have to say being a member of the EU has caused some real issues over here.
We have had years of the government not listening to its public, which is why we ended up with a hung parliament and why we are where we are. We vote the politicians in so they should bl***dy well listen, they work for us after all.
I could go on but won't. However it's about time that people stopped calling Brexiters stupid. If you don't like the way the vote went then complain about the people who couldn't be arsed to vote. They are the ones that are stupid in my mind. Also learn more about the areas of the UK that have been negatively impacted by being in the EU, maybe the future looks bleak in the short term and there maybe some more pain coming, but some regions have already been suffering for years.
No one truly knows what staying in the EU will look like in the future, nor what Brexit will mean either.
I haven't experienced a divorce first hand, however this is exactly how I suspect it to be. In terms of a gradual breakdown of a crappy relationship, the arguing, the counselling, the decision to spilt. Then the fighting over finances, children and possessions begins, with know it all relatives throwing their weight and judgement around for good measure.
The arguement that London has benefited the most from globalisation and the north of England in particular has suffered has some merit, but to call Londoners elitist on this basis frankly is utterly bullshit. When you look at the facts about which areas of the UK received the most funding from the EU, Cornwall, virtually ALL of Wales and much of the west/northwest of England were averaging close to EU funding input that equated to between 1000EUR - 300EUR per person a week. London and the southeast in comparison sat between 45EUR and 200EUR per person per week.
To label Londoners for pointing out the bloody obvious that those who did benefit the most were frankly pretty silly to vote out without considering those consequences is short sighted. The irony being that councils in Cornwall requested that the £60MILLION shortfall in funding be covered by the government due to their own constituents voting out is almost funny if it wasn't so bloody serious.
There is no denying that we should have been getting MORE from Europe, the structure and deal we were under and returns were far from perfect, but considering the above that a large amount of people who voted out were the highest beneficiaries, not to mentioned the regret post vote and ill conceived promises most of which were renegged on immediately after the vote...the crash in sterling...the lies on which (both) side of the campaign went on...and too many other points to add, that it wasnt the wisest choice by any means.
10 years of pain before it gets better? Thats hardly f*cking short term!
Don't believe the funding distribution? Have a look at the source yourself: http://www.telegraph.co.uk/news/2016/06/01/mapped-where-in-the-uk-receives-most-eu-funding-and-how-does-thi/
To label Londoners for pointing out the bloody obvious that those who did benefit the most were frankly pretty silly to vote out without considering those consequences is short sighted. The irony being that councils in Cornwall requested that the £60MILLION shortfall in funding be covered by the government due to their own constituents voting out is almost funny if it wasn't so bloody serious.
There is no denying that we should have been getting MORE from Europe, the structure and deal we were under and returns were far from perfect, but considering the above that a large amount of people who voted out were the highest beneficiaries, not to mentioned the regret post vote and ill conceived promises most of which were renegged on immediately after the vote...the crash in sterling...the lies on which (both) side of the campaign went on...and too many other points to add, that it wasnt the wisest choice by any means.
10 years of pain before it gets better? Thats hardly f*cking short term!
Don't believe the funding distribution? Have a look at the source yourself: http://www.telegraph.co.uk/news/2016/06/01/mapped-where-in-the-uk-receives-most-eu-funding-and-how-does-thi/
The real lesson from Brexit is that we have had piss poor government for decades. They have been crap at governing this country for the good of the people, crap at ensuring that we live within our means, crap at educating our young people so we are not so dependant on foreign labour & investment and crap at actually doing anything structural without EU cash and most egregiously crap at helping the EU actually work for everyone in the UK and across europe.
What they have been great at is encouraging the delusion that its the fault of the 'other' ie a 'faceless bureaucratic EU', those nasty immigrants, the undeserving poor etc etc .
And now we are screwed. Why? - for 'sovereignty' , not independence - which is a very very different thing.
What they have been great at is encouraging the delusion that its the fault of the 'other' ie a 'faceless bureaucratic EU', those nasty immigrants, the undeserving poor etc etc .
And now we are screwed. Why? - for 'sovereignty' , not independence - which is a very very different thing.
North West Surrey
Better or worse, at least for once those of us who actually fund the UK state were given the chance to voice our own opinion instead of relying on our elected representatives acting on what they decided was best for us (or more likely what was better for them)!
I have no issue with free movement of people or free trade, but do not have any time for the EU impositions on our judicial system. Why should prisoners have a vote, why can't a full life sentence mean exactly what it says?
Soon after the result was announced I saw a 20 something year old being interviewed and bleating about needing a visa to visit France - get real FFS, we never needed that before the EU and are unlikely to need one after Brexit!
I spent more than 10 years working for a multi-national company domiciled in Rhode Island - if you had the right skills a 2 or 3 year foreign placement was never a problem even in countries that didn't necessarily welcome foreigners (i.e. the USA, OZ, etc.) with extension options, and I can't see that situation changing after Brexit.
Yes, the £ is dropping in value so imports get expensive but exports get cheaper - given our current balance of payments this may not be a bad thing!
I am just hoping the 2nd Scottish Independence Referendum happens soon and that they vote to leave the UK - then we can finally stop subsidising them (ideally followed by Wales and Northern England)!
Will go and find the tin hat now!
Edited to add the 2nd Scottish Independence Referendum looks much nearer than I thought! But why do about 4 million Scots get to vote and the other 50+ million UK residents have no say? Surely we should all have an equal vote in a referendum, then the rest of the UK could stop subsidising Scotland (a bit like we voted to stop subsidising the EU)!! :lol:
I have no issue with free movement of people or free trade, but do not have any time for the EU impositions on our judicial system. Why should prisoners have a vote, why can't a full life sentence mean exactly what it says?
Soon after the result was announced I saw a 20 something year old being interviewed and bleating about needing a visa to visit France - get real FFS, we never needed that before the EU and are unlikely to need one after Brexit!
I spent more than 10 years working for a multi-national company domiciled in Rhode Island - if you had the right skills a 2 or 3 year foreign placement was never a problem even in countries that didn't necessarily welcome foreigners (i.e. the USA, OZ, etc.) with extension options, and I can't see that situation changing after Brexit.
Yes, the £ is dropping in value so imports get expensive but exports get cheaper - given our current balance of payments this may not be a bad thing!
I am just hoping the 2nd Scottish Independence Referendum happens soon and that they vote to leave the UK - then we can finally stop subsidising them (ideally followed by Wales and Northern England)!
Will go and find the tin hat now!
Edited to add the 2nd Scottish Independence Referendum looks much nearer than I thought! But why do about 4 million Scots get to vote and the other 50+ million UK residents have no say? Surely we should all have an equal vote in a referendum, then the rest of the UK could stop subsidising Scotland (a bit like we voted to stop subsidising the EU)!! :lol: