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Thread: Geopolitical impact of Brexit

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  1. #1
    Interesting to see Rand dropping the last element of his liberal ideology. Now the markets are wrong and need to be sorted out, presumably by the government.
    Hope is the denial of reality

  2. #2
    Quote Originally Posted by Loki View Post
    Interesting to see Rand dropping the last element of his liberal ideology. Now the markets are wrong and need to be sorted out, presumably by the government.
    Why on Earth would the government need to get involved? The market is working as it should freely already without any government interference.

    The idea a product both made and sold in the UK using British ingredients needs a 10% cost increase due to currency changes is a nonsense and their former Director who ran the company until 2014 and now runs their biggest customer in Tesco's knows that and called their bluff. Now they will negotiate and a more reasonable compromise will be reached. Without any government interference whatsoever.

    I bet you there won't be 10% increases though in the end as it's simply unnecessary.
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  3. #3
    Let sleeping tigers lie Khendraja'aro's Avatar
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    Quote Originally Posted by RandBlade View Post
    Why on Earth would the government need to get involved? The market is working as it should freely already without any government interference.

    The idea a product both made and sold in the UK using British ingredients needs a 10% cost increase due to currency changes is a nonsense and their former Director who ran the company until 2014 and now runs their biggest customer in Tesco's knows that and called their bluff. Now they will negotiate and a more reasonable compromise will be reached. Without any government interference whatsoever.

    I bet you there won't be 10% increases though in the end as it's simply unnecessary.
    Well, we'll never know what kind of agreement they reached. But since Unilever does publish its company results in Euro, I don't think it's such an easy task as you make it out to be.
    When the stars threw down their spears
    And watered heaven with their tears:
    Did he smile his work to see?
    Did he who made the lamb make thee?

  4. #4
    Quote Originally Posted by RandBlade View Post
    Why on Earth would the government need to get involved? The market is working as it should freely already without any government interference.

    The idea a product both made and sold in the UK using British ingredients needs a 10% cost increase due to currency changes is a nonsense and their former Director who ran the company until 2014 and now runs their biggest customer in Tesco's knows that and called their bluff. Now they will negotiate and a more reasonable compromise will be reached. Without any government interference whatsoever.

    I bet you there won't be 10% increases though in the end as it's simply unnecessary.
    I didn't realize companies had to justify their price increases. Maybe we should have a ministry in charge of making sure those justifications meet your standards before the price increase is allowed.
    Hope is the denial of reality

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