Post by R. Mark Clayton Post by Mike Swift Post by R. Mark Clayton
At Aldi my preferred [Spanish] wine just had its third price increase this year
and is up 13% on it pre-referendum price.
Then don't buy from the EU, my Chilean and South African wines are
That is just not true. If anything they have risen more because the pound has fared worse against the dollar than the Euro until the recent "Trump slump".
Post by Mike Swift Post by R. Mark Clayton
The Brit's have been paying for the leave vote for nearly a year, but the pain
will get a lot worse before 2020, which is one of the main reasons we are
having a general election.
Rubbish, we're paying so currency speculators can make enough money to
get a new Porsche.
The speculators got burned by the vote. Moreover the pound has been down over 10% for nearly a year - that is NOT speculation!
Relative to what, and why choose that as the base level for comparison?
Exchange rates go up, exchange rates go down. It's the nature of the beast.
But who dictates exchange rates anyway, and how? Perhaps you can tell
us because it's a bit of a mystery to those who are uninitiated.
Why should exchange rates have changed anyway? We haven't left the EU,
we're still full members, we pay our subs and have all the benefits and
disadvantages of membership. Nothing has altered. The FTSE 100 is at
an all-time high, and economy progresses smoothly with none of the
catastrophes that were predicted by those disappointed with the
Besides, a lower exchange rate helps all British exporters, making them
Post by R. Mark Clayton
The bright Brexit future is just a castle in the air.
Only if judged by the price of cheap Spanish plonk apparently.