Associate
- Joined
- 18 Dec 2010
- Posts
- 5
See the title.
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Thanks for clearing that up. Sad though.![]()
Don't be sad, us peasants have been paying taxes for 1,005 years, so don't worry about it lol.Thanks for clearing that up. Sad though.![]()
It's nothing to do with Brexit.Brexit
Not quite, because of enormous government waste.Is it? It's the price we pay to live in a country with good infrastructure, free health care at the point of consumption, free or subsidised education and social safety nets. I for one don't begrudge paying it.
It is somewhat - lot of electrical goods prices are up a bit due to the uncertainty over it all and companies making a bit of money while they can.It's nothing to do with Brexit.
It isn't Brexit which has affected the Pound's value compared to the Dollar. It's the perception of the Pound's value. As it turns out, the pound was overvalued. Look at the fluctuations in the year before the Brexit vote.It is somewhat - lot of electrical goods prices are up a bit due to the uncertainty over it all and companies making a bit of money while they can.
It isn't Brexit which has affected the Pound's value compared to the Dollar. It's the perception of the Pound's value. As it turns out, the pound was overvalued. Look at the fluctuations in the year before the Brexit vote.
Wrong.Borderline irrelevant the exact reasoning, the pound lost 15/20% of it's value against the dollar the day of the Brexit results, therefore the Brexit result caused it.
Wrong.
What caused the £'s fall was it's overvaluation.
The Brexit vote was merely the shock which caused the traders to realise this.
If there had been no Brexit vote, then the £ would have lost it's value anyway, since the underlying factors which caused its fall would still have been there.
If the Brexit vote had caused a drop, then it would have rebounded back in short order when everyone realised that it was merely the Brexit vote which caused the fall and not anything else. See the FTSE value since Brexit for details of this.