Quote:
Originally Posted by OLD BOY
Yes, but it's not all bad news. More expensive imports but cheaper exports.
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Quote:
Originally Posted by Mad Max
Well I haven't seen any impact of these higher costs, can you show me where they are? bet you can't! As OB says, even if there are some higher import costs these will be offset by cheaper exports, the doomsday scenario will not happen, keep the faith......  |
I've been talking about this in the context of likely price increases for pay-TV services, not as a general debate about the future of the UK economy.
If you holiday overseas, you will have been affected by the poorer exchange rate, t
hat's there for everyone to see and is an import Cheaper exports don't mean that Korean PVRs or the costs of US content reduce in price. They do mean that our companies are cheaper for overseas companies to snap up. We've already lost control of our main tech company, Arm, which the Japanese have recently acquired.