B
Sponsored Links
h'mmmm, Moneyweek, eh?
I wonder if it is a neutral, even-handed publication, or if it is an anti-EU, pro-Boris admirer of no-deal?
let's have a look.
https://moneyweek.com/economics/eu-referendum/
Well! Who could have seen that coming!
I wonder if it is a neutral, even-handed publication, or if it is an anti-EU, pro-Boris admirer of no-deal?
let's have a look.
https://moneyweek.com/economics/eu-referendum/
Well! Who could have seen that coming!
B
Bodd
Well done Uncle John. I couldn't
.
Well done
.
Well done
Depends which contributor writes the article, I've certainly seen both sides of the coin represented. It's a little unfair to label it anti eu on the back of a couple of articles that don't agree with your viewpoint.
Sponsored Links
Thanks, that seems to be presenting a balance view with some number to back it up..
As some of us said a few weeks back, Germany's f****d, big time, Brexit's not the cause of this, Merkel is, but Brexit clearly won't help, that's why regardless of what they say on record, Germany will back some sort of trade deal, they have to.
And that's why Galahad and Notch are foaming at the mouth and shaking more than Merkel.
Yes, it shows Germany is exporting less to the UK.
That means the UK is less important to German exporter.
And at the same time the British economy has been weakening and firms fearful of a no-deal exit have been postponing investment
The article does not present a case for Brexit at all.
Perhaps you should read it again?
'Germany will come back with a trade deal'
But you dont want a trade deal, do you
You want to leave and get bilateral deals elsewhere
That means divergence and no frictionless trade.
So there is no deal Germany can offer
Currently we already have frictionless trade with zero tariffs.
You want to go back and negotiate a worse deal -which you dont want anyway.
Flawless logic from fillyboy
Oh and Germany cant do bilateral deals. Its the EU old bean.
B
Bodd
That means the UK is less important to German exporter.
Germany’s exports to the UK are especially weak. Overall, German exports to Britain are down 4% year on year, on Commerzbank’s figures. A couple of years ago we were their third-biggest export market, but this year we have dropped to fifth, and we are still falling. “In April and May, German exporters sold almost as much to Austria as to the UK,” noted investment bank ING dryly in an analysis of the latest figures.
It hardly needed to add that Austria’s population is just eight million compared with our 65 million. In truth, the British market is in free fall. According to research from Deutsche Bank, pharmaceuticals has been the sector hardest hit, with exports from that industry down by 40%. Car exports are now down by more than 20%.
Hardly not important
- Joined
- 1 Apr 2016
- Messages
- 13,424
- Reaction score
- 540
- Country
I think you need to know a bit more about the writer before you condemn the whole magazine.
Lynn articles on specific companies and industries are quite informative but he is poor on the macro outlook when he writes about trade and economies.
- Joined
- 1 Apr 2016
- Messages
- 13,424
- Reaction score
- 540
- Country
B
Bodd
Are you sure you voted Brexit??'Germany will come back with a trade deal'
But you dont want a trade deal, do you
You want to leave and get bilateral deals elsewhere
That means divergence and no frictionless trade.
So there is no deal Germany can offer
Currently we already have frictionless trade with zero tariffs.
You want to go back and negotiate a worse deal -which you dont want anyway.
Flawless logic from fillyboy
Oh and Germany cant do bilateral deals. Its the EU old bean.
What a strange comment.
B
Bodd
Germans are dancing in the streets. Vee are now selling more to Austria than Vee are the the UK... Music to Captain von Trapps ears.
Sponsored Links
