BOOMED! Post-Brexit economic good news starting to take off.

**ClothCap** · 7 July 2016, 07:18

So much for property crash then!

**Old Greg** · 7 July 2016, 07:26

Originally posted by ClothCap View Post

So much for property crash then!

The point is that in USD it's already crashed.

**scooterscot** · 7 July 2016, 07:39

What happens to the economic model when we've sold our homes to the oversea buyers and there's no where for the locals to stay?

**CretinWatcher** · 7 July 2016, 07:45

Originally posted by scooterscot View Post

What happens to the economic model when we've sold our homes to the oversea buyers and there's no where for the locals to stay?

We just keep borrowing to buy German goods - that's the Brexit model of the economy.
Gives us leverage with Germans you see.

**shaunbhoy** · 7 July 2016, 07:45

Originally posted by Old Greg View Post

The point is that in USD it's already crashed.

Good job we deal in pounds then.

Seriously though, i am devastated for those poor Londoners. They have always gone to such great pains to ensure that the wealth generated there always trickles down to communities the length and breadth of the nation.
If only they had voted Remain eh?

**OwlHoot** · 7 July 2016, 07:46

Originally posted by Old Greg View Post

It's nice for us all to be able to celebrate a bit of economic good news for a change.

https://www.theguardian.com/money/20...y-london-homes

Obviously you're insinuating it's not really good news; but if the pound stays low won't the same happen with all kinds of other UK exports?

**shaunbhoy** · 7 July 2016, 07:46

Originally posted by scooterscot View Post

What happens to the economic model when we've sold our homes to the oversea buyers and there's no where for the locals to stay?

That is what is CURRENTLY happening. Why do you think sas spends so much time on here after he has completed his paper round?

**CretinWatcher** · 7 July 2016, 07:47

Originally posted by shaunbhoy View Post

Good job we deal in pounds then.

Seriously though, i am devastated for those poor Londoners. They have always gone to such great pains to ensure that the wealth generated there always trickles down to communities the length and breadth of the nation.
If only they had voted Remain eh?

London generates 25% of British GDP. Without London, the UK becomeslike a larger Portugal.
HTH BIKIW.

**shaunbhoy** · 7 July 2016, 07:48

Originally posted by CretinWatcher View Post

London hoards 25% of British GDP.

ftfy

BOOMED! Post-Brexit economic good news starting to take off.