Thread: Brexit Omen
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Rod Speed Rod Speed is offline
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Default Brexit Omen



"dennis@home" wrote in message
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On 20/06/2017 18:00, Capitol wrote:
dennis@home wrote:
On 20/06/2017 16:26, whisky-dave wrote:

Provided you can pay for it, of course. That is the issue.

Provided those that buy it from the EU can make a profit from it is
more the point. I've yet to work out what advantage it will be for the
shops to increase their prices, as I don't normally look to see where
a product comes from for purchasing I'll just carry on as normal, if
things are more expensive I may decide to buy less, and who will gain
from that in the EU ?


To buy stuff from the EU you will need euros.
To get euros you have to exchange something they want.
Now if we are spending more foreign currency than we are earning you
will run out of euros after that you can't buy from the EU or anywhere
else.
It doesn't matter if the importer or supermarket can make a profit from
selling it to you if they can't buy it in the first place.
Look at what it was like behind the iron curtain, no exports so they
couldn't buy the stuff they wanted.


Oh, Dense you have no comprehension at all of how trade works!


Go on then explain where you are getting the currency from to pay for
imports.


Same place as currently, and more of that currency due to the effective
devaluation.