Quick poll

Cajunboy wrote:

As Bread say's the poor fellow must have torn it all out

Oops! Turns out we're actually half a TRILLION quid worse off than we thought.

http://www.telegraph.co.uk/business/2017/10/15/britains-missing-billions-revised-figures-reveal-uk-490bn-poorer/

As it says in the article, that's a whopping 25% of the nation's GDP. Poof...! Gone......not coming back.

And a large part of it is down to a massive reversal in Foreign Direct Investment, from a £120 billion surplus to a £25 billion deficit, caused by uncertainty over Brexit.

We're going to need to sort some seriously good trade tariffs with the rest of the world (including the people at the EU who we've just pissed off massively) to limit the damage caused by this.

Or am I just being a typical negative Remoaner again?

If I put my Union Flag boxers on and sing a couple of verses of Jerusalem, will it all go away?

Next you'll be blaming your impotence on Brexit.

Well, my doctor did say that "long-term, unrelenting stress" could well be playing its part, so....yeah.

Wander, you really should calm down. At this rate you won't be around to see all the benefits that we, as a country, will receive. 

Anyway, as one who predicted our first 2-1 win of the season, you've got to admit that my views have to carry weight, (I'm thinking of calling myself  'Mystic Bob'). 

gloswhite wrote:Wander, you really should calm down. At this rate you won't be around to see all the benefits that we, as a country, will receive. 

Anyway, as one who predicted our first 2-1 win of the season, you've got to admit that my views have to carry weight, (I'm thinking of calling myself  'Mystic Bob'). 

OK Mystic Bob. Can't wait to see how it pans out. 
But I still can't see any reason why the British people are being denied our democratic rights.

The sun looks very odd this morning.

They're blaming Ophelia,but I don't buy it. I'll be keeping a sharp eye on the moon too.

Lemme guess....?

This is just more of that Project Fear bullshit and everything's actually going swimmingly?

http://www.businessinsider.de/brexit-uk-inflation-in-september-2017?r=UK&IR=T

You're right, inflation never increased before Brexit did it.

So that automatically means that Brexit hasn't had a negative impact on it?

Ok then...

Bread2.0 wrote:So that automatically means that Brexit hasn't had a negative impact on it?

Ok then...

Prices have always gone up and down.

I'm not sure some bloke in Africa producing coffee beans is that arsed about Brexit.

The threat of a bad coffee harvest will do more damage to our economy than Brexit, especially as we now have an economy working 80/20 on service/manufacturing. Anyone know how many Baristas we have ?

Thanks, Nat, for (yet again) demonstrating that you don't really understand how this all works.

Coffee is classed as a "soft commodity" so the guy half way up a mountain somewhere in Africa doesn't get a say in how much we pay for it in Tesco.

So his opinion on Brexit's a bit moot.

The people who do have a say, however, are the ones trading in coffee futures on the floor of the LSE.

They can drive prices up and down depending on supply and demand.

And that's where Brexit comes in.

As part of the EU, we benefit from bulk buying power when trading with the coffee producers. This means that we can agree to purchase coffee in advance at a hugely discounted rate which isn't subject to or impacted by fluctuations in the price of coffee beans, driven by the commodities traders mentioned previously.

Once we do step outside of this protection, we will have to negotiate our own trade tariffs with the governments of the countries where coffee beans are grown.

And if they're being held over a barrel on price by the might of the EU, who do you think they'll try and recover their lost margin from?

Go on......have a guess?

Bread2.0 wrote:Coffee is classed as a "soft commodity" so the guy half way up a mountain somewhere in Africa doesn't get a say in how much we pay for it in Tesco.

Of course he does. If he decides to double his price Tesco are hardly going to absorb the cost and not pass it onto the customer.

Don't try and lecture me on business you gobshite, don't forget I was Preston Business Woman of the Year. Twice.

You're not getting this, are you?

The is no direct link between the guy up the mountain and Tesco.

That's not how it works.....

Tesco don't buy individual batches of beans from random farmers.

Stop making yourself look daft, pet.

Go and have a Twirl or something. (While you can still afford it.)

Bread2.0 wrote:You're not getting this, are you?

The is no direct link between the guy up the mountain and Tesco.

That's not how it works.....

Tesco don't buy individual batches of beans from random farmers.

Stop making yourself look daft, pet.

Go and have a Twirl or something. (While you can still afford it.)

Of course I get it.

I've no idea how much a coffee bean costs, but let's say that yesterday it was 10p a bean.

But today the coffee bean producer in Africa decides to double the price to 20p per bean. How on earth can that not have an impact on the final sale price?

It's like saying a major hike in the cost of chocolate beans won't affect the price of a Twirl.

As I said, you're not very good at this, are you?

And it turns out you can't read very well either.

Go back and read the bit I posted about commodity traders, the EU's buying power and how locking in prices in advance protects us from market fluctuations.

And if you still don't get it, ask someone else who's a bit cleverer (Scott or Boggers?) to explain it to you.

You've spent too long on Wikipedia.

So the cost price has no bearing on the final sale price? What utter garbage. Earlier this year the cost of my iceberg lettuce went through the roof. Where was your EU to protect the cost of my lunchtime sandwich?

Twats!

We have a service economy that is entirely dependent on a population with a high disposable income so it only makes sense that as prices continue to rise and wages stagnate, businesses will fail and baristas will be forced to seek seasonal work picking cabbages in Lincolnshire.

Nat, don’t take him on, the poor sod has a mental illness.
We really shouldn’t laugh at him.