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/biz/ - Business & Finance


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9983761 No.9983761 [Reply] [Original]

I was just intrested on what /biz/ thought about this

>> No.9983773

>>9983761
yeah

>> No.9983774

>>9983761
depends on what happens to europe desu

>> No.9983779

>>9983761
Most likely to hyperinflate.

I still think it is more likely Brexit will collapse under it's own insane contradictions.

>> No.9983797

>>9983779
>mfw £350 million a week into the NHS is equivalent to £5 million a week after Brexit
>farage_laughing.gif

>> No.9983807
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9983807

>>9983761
I think there won't be collapse of pound, but we will see strong state supported inflation, too boost export

>> No.9983810

>>9983761
Hyperinflate.
Companies are leaving the UK because they fear being left out of the common market. In my city, a lot of brits companies have set up offices recently, pharma mostly.

>> No.9983830

>>9983810
The main thing i’m intrested in is how bad will my wages from my close to min wage job. It just feels that shit could go haywire or could be much better than before.

>> No.9983899

UK bong here, should I buy gold silver or convert all my non-invested savings to swiss franks?

>> No.9983901

Is hard brexit / no-deal looking more likely than soft brexit?
Wasn't there some compromise made that would give parliament more say if a deal wasn't reached?
I'm interested in the GBP:AUD exchange rate, if it feels like brexit is going to go off a cliff, I'll be looking to get money out soon

>> No.9984075

>>9983899
can anyone chime in on this? if the pound will hyperinflate is the swiss franc the best currency to store wealth in?

>> No.9984163

>>9983761
the value will increase because uncertainty will leave and we will undoubtably have a ridiculously soft 'brexit'. similar to a norway deal but with more privileges

>> No.9984206

>accumulate gold/silver from EU dealers before exit, avoiding UK good goy tax
>slowly sell post shit show for tax free gains
>build up UK share ISA on the down turn
>enjoy retirement in Windsor castle

Thank me later lads. Massive long term gains to be had from this shit show.

>> No.9984282

>>9983901
Soft brexit (Norway style deal) is looking less and less plausible. The EU got the upper hand in dealings and will fuck over the UK. The brits have squandered all their advantages over the last months.

>> No.9984329

>>9984075
Swiss franc is being strongly influenced by the euro. They try to maintain a stable ratio. Brit pound will be the new swiss franc

>> No.9984343

>>9984282
Wouldn't EU want soft brexit?
Can parliament stop a no-deal disaster? I thought the hard brexiters were outnumbered

>> No.9984383

>>9984343
The EU wants a brexit with the highest bill and the least advantages for the UK. They have made increasingly harsh demands and May accepted them all because she has little choice.

>> No.9984416

>>9984383
so you're thinking the pound will weaken? Or strengthen once there's some certainty?

If EU had upper hand I'd expect they'd leverage the irish border issue to keep UK in the CU/SM

>> No.9984452

>>9984416
They don't want to keep the UK in the single market in the first place.

>> No.9984550

>>9983761
depends on the negotiations but under WTO rules things are gonna get pretty memey

>> No.9984566

>>9984550
Trump broke the WTO
£ more like great britain ounce

>> No.9984646

the BoE is getting pretty hawkish so looks like a rate hike isn't too far off, could boost pound further

>> No.9984649

>>9983899

unironically, BTC.

>> No.9984853

>implying the jews will let brexit happen
it's like you fags were born in the 90s or know about nothing beyond the anglo world
there'll be pressure and penalties rivaling iran (which should raise questions, but it won't) and the bongs will bend the knee in the end
the EU NEVER accepts a popular vote against its will, bongs will be dragged through hell until 5-10 years from now a new vote happens stacked so Bongistan comes back home and let's forget this little incident

>> No.9984876

>>9984649
>oy mate, do you have a license for that bitcoin?

>> No.9985339

>>9984853
this. soros himself pumped like 2 or 20 billion into an anti-brexit cause just the other week to keep us in the eu. oh, but outside collusion can only be tied to the brexit cause... hmm...

your vote, unironically, means nothing.

>> No.9985397

>>9984853
Nah, the EU will simply tariff the UK to WTO standards and no preferential access to the single market, then the brit economy will crash and burn because it produce absolutely nothing.

>> No.9985494

Unless there is some divine intervention it's going to be a shitshow right to the bottom, which is why I bought up a load of crypto before the vote.

>> No.9985502

>>9985397
>then the brit economy will crash and burn because it produce absolutely nothing.
pretty much this. britain isn't economically competitive. the only sector of the economy that is always doing well is the (globalized) financial sector and that never trickles down well into the rest of the economy.

>> No.9985692

>>9985502
Based on your logic, the entire developed world isn't economically competitive. I'm not disagreeing, but give some thought to where this leads.
>I for one welcome our new Chinese overlords and look forward to toiling away in their dog farms

>> No.9986348

>>9983761
>I was just intrested on what /biz/ thought about this

stagflation and back to the 70s for the UK. Usual strokes and riots. Look up the winter of discontent

https://www.youtube.com/watch?v=Je65Vw7ndro


https://www.youtube.com/watch?v=8vCQ0ebTaLk

>> No.9986404

>>9984282
looks like they will wind up having to und 25000 troops in northern Ireland again two. They completely fucked it up and want border checkpoints again in places they got shot at for 25 years.

>> No.9986421

I think France and Ireland are more worried about the British urban centres turning into immigrant convoys heading for their nations.

>> No.9986433

Good for the UK to uncuck themselves. The EU should be disbanded. Setting up trade deals is easy, fuck the authoritarians

>> No.9986459

>>9985502
>pretty much this. britain isn't economically competitive. the only sector of the economy that is always doing well is the (globalized) financial sector and that never trickles down well into the rest of the economy.

housing taxes and employment costs high, Badly educated unskilled workforce. Huge civil service.Big social security culture, can't feed themselves, have to import everything. Worst place to be to trade with the EU now, new war coming in Northern Ireland. Fucked.

>> No.9986477

>>9986433
>>9986433
>Good for the UK to uncuck themselves
You can't eat an idea
>>9986433
>The EU should be disbanded
Maybe but by the time its gone the UK will be a landfill site

>> No.9986485
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9986485

>>9983761
>still believing in democracy in the current year

>> No.9986514

>>9983761
the reason brexit is "going through", despite being clearly sabotaged at every level. is to buy assets on the cheap when the collapse comes.
then the elites will say...we told you so, while being able to bend UK over.

That said, UK would be fucked if it which its currency over to the Euro.
personally i want to the EU fail. but with current UK leaders in power i think they are going to sabotage brexit or delay it another vote.

>> No.9986869

>>9986477
>2022
>england becomes willingly a "refugee" camp in exchange for food

>> No.9987129

>>9986514
>then the elites will say...we told you so, while being able to bend UK over.
DING DING DING we have a winner.

Welcome to UK™ The most privatised Country on planet Earth. Using the latest technology we can track your every move, charge you as you lock your front door to leave the house - public being taxes & slurp up every bit of data you've ever produced. What a fine day to be a Brit.

>> No.9987461
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9987461

>>9986459
This Britain is fucked, but anyone not completely retarded could see this from 2009