Might help some Middle-Eastern murderous tyrants buy some football clubs. That's got to be good news...hasn't it?
A concept that goes back at least as far as the early 20thC and as you say, has been shown to fail every time by numerous independent economic analysts. In fact "trickle-up" policy is considered more effective. Give the poorer people more money and eventually the rich will get their mucky paws on it anyway, but at least the others will have had some of it.
If you haven't read it go and read..'The ragged trousered philanthropist' by Robert Tressell, brilliant book .Good story and explains the 'money trick'.
Obviously not good news. A weak pound isn't good news. I was interested to see if there was an upside and found an article that I used to list who the winners of a weak pound could be. The bit you highlighted I actually cut the description short - it was London-listed British assets. There are no London-listed football clubs so no despots will be taking advantage of the weak pound buying them up
In theory anyone that exports stuff abroad is potentially good as they may get more sales from foreign buyers as it’s cheaper for them
As Biscan says, a weak pound is bad for imports and good for exports, conversely a strong pound is good for imports and bad for exports. I wouldn't say a weak pound is bad news per se, it depends on your situation.
For most of the general public I’d say it’s bad. Holidays abroad are more expensive. Big companies that export food /fuel / energy from abroad is more expensive so end up passing costs onto the generally public.
the country as a whole is a net importer. We import oil and gas, both of which are priced in USD. Its bad for pretty much everyone in that respect.
the reality is that the UK's total trade deficit for goods and services is £27.9 billion in Quarter 2 2022, which is the largest on record. Total imports increased by £14.3 billion to £206.6 billion, and total exports increased by £12.3 billion to £178.6 billion Report from offical figures in June https://www.ons.gov.uk/economy/nati... total trade deficit,178.6 billion (Figure 5). Theres no sugar coating this for ordinary scum. do any of you EXPORT stuff? I mean will you personally profit from it. Cos you'll sure as **** have to buy stuff imported on a daily basis. you can cheer yoursevles by reading this https://www.ons.gov.uk/economy/infl...erpriceinflationbasketofgoodsandservices/2022 again its all out there.
Something to make you smile. Amongst other people being asked the same question, a young child was asked 'now that we have a new king, what would you like to see him do?' Her reply 'a backflip'.
Then again, if imports are more expensive then it may make people turn to domestic production, holidays etc., as well as exporting companies doing well, all leading to more jobs etc. It's a bit of a weak argument but one that was made often enough during Brexit. Obviously hard to substitute energy though. Also worth noting that part of the Problem is a strong Dollar and the exchange rate to the Euro isn't as bad, so your holiday to the US is more expensive but Spain, Greece, France etc. aren't affected as much (beyond the general Inflation effects).
womens and disabled toilet...... not even "baby changing and disabled where some have the space and combine the two. how bizarre. We had a guy convert the disabled toilets into the inclusive toilets here. Just changed a sign on it so it have the various genders etc. this got him a promotion. I'm serious, this is the kind of stuff that people get up to.
There's a chance me and two mates one who is a Hammers fan can get tickets for us v Hammers. please log in to view this image
