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Home: Non Football Related: General Chat: Re: [007Dale] Brexit negotiations: Edit Log

First Team Star

Dec 5, 2016, 10:20 PM

Posts: 2427
Location: Aldgate

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Re: [007Dale] Brexit negotiations or Reply Privately

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Leaving the eu could be the best thing to ever happen to the uk

Yep; done the pound a ton of good against other currencies - one fifth of it's value gone so far. So that's obviously not the reason you think it's the best thing - what do you think will be the benefits?

That in itself is not a disaster - better for our exporters. Yes, imports go up, but a bit of inflation won't be horrendous, may lead to the much needed interest rate rise.

It's very problematic for us as a country because we export very little, as a result, have the worst trade deficit amongst western economies. At least in the short term, our economy will be the more damaged than almost any other by having a weak currency.

This may stimulate domestic manufacturing in the long-run, but this is also dependent on government investment, which is not terribly likely under the current lot.

(This post was edited by Fanatic on Dec 5, 2016, 10:25 PM)

Edit Log:
Post edited by Fanatic (First Team Star) on Dec 5, 2016, 10:25 PM

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