so Jow Forums britbong here, I would like to long the GBP currency with this brexit nonsense on the horizon, although I hold some stocks (some etf's) Im not really certain which etf I should opt for.
Any advice for a fellow Jow Forumsfag, although I dont expect to be spoonfed, by all means send some literature my way.
Also other thoughts on how we can profit from brexit?
thanks.
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>Also other thoughts on how we can profit from brexit
Yeah. Stop Brexit and the profits will be immediate
Sup fellow etf Chad. British export businesses will have a hard time. Try to find the ones with their customer base in Ireland, France and Germany. Maybe some cider companies (if there are any listed ones). Also wayfair maybe but idk.
UK will probably become a developing country in the next 3 years if they continue like this and all major companies relocate their head quarters elsewhere.
this wasnt a political discussion either way, this was a profeteering discussion.
I myself am a remainer and I see there are some hurdles that simply cannot be overcome so I honestly dont think a clean cut exit from the EU will be feasible. Not to mention it may spur on independence in other countries, I mean lets face it it was mostly biggoted english that voted leave, I myself am Welsh and can see if the brexit bill went through we would push for devolution and true independence in a referendum.
As far as I can see too that scotland truly does not need to be part of 'Britain', they do well by themselves and westminster is more of a parasite than it is a beneficial relationship on that country, so I anticipate them to push for a referendum too. Independence would be much more feasible for scotland than wales though unfortunately, unless we really reviewed our economy, but then we do have a somewhat good amount of industry in the south.
Anyway, lets talk profits all..
again I really think its unfeasible for them to clean cut out of the EU, for example most of land rover and Jag manufacturing plants operate out of poland and slovakia, like how are they gonna cope, they are already overstreched in the extent of liabilities that they are literally giving away range rovers to anyone on finance with a remotely low credit score.
Slap on importation on that and the companies will fold, because why would EU give any special treatment to a british company importing its 'british' products from the EU into 'Britain'.
Exportation? what the fuck do we export anymore, we moved everything overseas in the name of % profit margins, so hence the north of england is a shadow of its former self and in severe decline.
Salty german get lost
they could always manufacture in britain employing british people, you know, if the government actually gave a solitary fuck about this country and not doing the bidding of the internationalist financiers.
You are insanely naive to british relations if you think wales or scotland will leave the UK post-brexit.
I work marketing for a middle sized door + window making service and we've seen business rise a lot since the referendum. I don't know if they've changed export nations but business is good for us.
>I would like to long the GBP currency with this brexit nonsense on the horizon
Lmaoooo