View Single Post
  #764  
Old 17.05.2016, 01:01
Jim2007's Avatar
Jim2007 Jim2007 is offline
Forum Legend
 
Join Date: Jun 2006
Location: Kt. Bern
Posts: 4,289
Groaned at 115 Times in 98 Posts
Thanked 5,035 Times in 2,383 Posts
Jim2007 has a reputation beyond reputeJim2007 has a reputation beyond reputeJim2007 has a reputation beyond reputeJim2007 has a reputation beyond reputeJim2007 has a reputation beyond reputeJim2007 has a reputation beyond repute
Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

Quote:
View Post
You have to remember that we buy a lot of goods from Europe, I don't see that VW, BMW or Mercedes will not want to sell to the UK, our trade with Europe will be unaffected as Europe has too much to loose. Switzerland does OK out of the EU.....
Well of course they will be happy to sell to you! But you've got a trade deficit with the rest of the EU and it is widening, so clearly they are already not too excited about buying from you, of course if the pound was to fall as 20% or 30% after an exit that might change.
Reply With Quote
This user would like to thank Jim2007 for this useful post: