This will be a surprise to Spudda

He’s entirely insistent that only the Magic Money Tree can aid us, for exports just aren’t going to change at all:

Britain’s factories are experiencing their strongest performance in nearly three decades as the fall in the pound gives exporters an advantage abroad.

The CBI said order books in June had climbed to their highest level since August 1988, while export demand hit a 22-year high. Economists said the findings raised hopes that a manufacturing boom might offset the slowdown in consumer spending and steady the economy.

18 comments on “This will be a surprise to Spudda

  1. The left struggle with the idea that anything else changes in response to a change they want to make.

    No problem in identifying second-order effects from Tory policy changes, but blind to the existence of the concept when it’s their own. Probably a function of having a worldview based on a) conspiracy thinking regarding their opponents, and b) a Marxian static zero-sum view of the economy.

  2. @abacab: well, it’s not just the Left now, is it?

    It seems our very own Prime Minister is blind to the consequences of telling potential illegal immigrants ‘Look, if you are caught in a terrible fire, we’ll just suspend the immigration law for you, m’kay?’

  3. It’s got to the point that price we quote for some of the consultancy work we do out of our China office now is more expensive more than the quote they’ll get from our UK office. Which is causing some problems with those clients who use both of us and see the difference. I’ve had a lot of explaining to do recently.

  4. JuliaM: we’ll just suspend the immigration law for you,

    Extraordinary! This isn’t even in her gift and surely if the police weren’t so hopelessly compromised and politicised they would protest that their role is to operate the laws that exist rather than the prime minister’s derogations made up on the hoof.

  5. @Julia M – May wouldn’t have been out of place on Blair’s front bench with her current (and past) cockwomblery.

  6. Export or die eh?
    We export x billions of pounds worth of stuff and import a lesser amount back .Carry on like that and the country is denuded.(Any cash surpluses get directed to offshore accounts.)
    And, brace yourself children, the Money Tree exists and is owned by the commercial banks. Nice Uncle Timmy is telling you white lies because the truth, that the British economy is irremediably fucked, is too painful for the little ones who must always believe in Tinkerbell.

  7. “We export x billions of pounds worth of stuff and import a lesser amount back .Carry on like that and the country is denuded.”

    So presumably thats why Germany is the basket case economy of Europe, and Greece its economic powerhouse………………..

  8. “We export x billions of pounds worth of stuff and import a lesser amount back .Carry on like that and the country is denuded.”

    Denuded of what?

  9. Is there a lot of sun spot activity going on? DNR Reed appears more than usually troubled.

  10. I managed to get a commentator on FB to understand that leaving the EU common customs area does not force us to put up tariffs, on the contrary, WTO rules would force us to lower many tariffs. But she replied, very puzzled, but government will just have to raise VAT, to balance the reduced tariffs. Err, why? I asked, what’s wrong with letting prices fall? Well, the government would need to replace the lost tax.

  11. DBC,
    If this great money tree is out there, why have no other countries discovered it yet? Iran could be beefing up its army using funds from its money tree, yet it has to resort to selling its precious mineral resources to decadent infidels. North Korea could be building a military base on the moon with that money; instead they’re firing blanks into the Sea of Japan.

  12. We should print ten squnitillion pounds and buy up all the wealth in the world.

    Apparently we can just peg our currency to the dollar and everyone will become dollar billionaires immediately.

  13. “Is there a lot of sun spot activity going on?”

    Its mid-summer. The, how shall I put this, more mentally challenged members of society are more affected by such this than the more stable ones and thus the crazy tends to peak around now. The good news is we are past the summer solstice now so DBC will be slowly returning to his normal ‘LVT can cure cancer’ level of madness.

  14. @JuliaM, June 23, 2017 at 8:02 am
    “It seems our very own Prime Minister is blind to the consequences of telling potential illegal immigrants ‘Look, if you are caught in a terrible fire, we’ll just suspend the immigration law for you, m’kay?’ ”

    Stupid, stupid woman.

    Expect 1,000s of illegals to claim they lived there and all docs destroyed in fire with support from human rights vultures lawyers.

    Littlejohn wrote today that occupancy was ~600 in the 120 1 and 2 bedroom flats.

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