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Ty Gwyn
Joined: 22 Sep 2010 Posts: 4603 Location: Lampeter
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Shan
Joined: 13 Jan 2009 Posts: 9075 Location: South Wales
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Ty Gwyn
Joined: 22 Sep 2010 Posts: 4603 Location: Lampeter
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dpack
Joined: 02 Jul 2005 Posts: 46052 Location: yes
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Ty Gwyn
Joined: 22 Sep 2010 Posts: 4603 Location: Lampeter
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Shan
Joined: 13 Jan 2009 Posts: 9075 Location: South Wales
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Ty Gwyn
Joined: 22 Sep 2010 Posts: 4603 Location: Lampeter
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Posted: Tue Jan 22, 19 5:21 pm Post subject: |
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Shan wrote: |
Ty Gwyn wrote: |
I agree,they have been trying to sell for a while,
But don`t you think a German company buying into this UK based business,after the Brexit vote is rather odd,if everything is supposed to go down the pan. |
Chaos economics is notorious for producing asset deals. This would not have been Tata's first, second or even third choice but it's likely to be their only choice. Jacob Rees' Mogg's father wrote a book on how creating political and economic instability produces massive opportunities for those with money to make more money.... funny how his son seems to be helping with exactly that.
Frankly, pointing to Tata and saying 'surely Brexit can't be that bad' is like hiding your head under the duvet and saying 'if I can't see the danger, it doesn't exist'. |
I don`t believe I used them words,None of us really know the outcome,its just guess work on all parts,
Maybe the new company will scrap Port Talbot and sell the land for development,Maybe Thyssen Krupp will develop the Margam Coking coal mine,vast experience in Thyssen of mining development,and the fact Germany has stopped mining hard coal,
Like I said,It will be interesting how it pans out. |
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Nick
Joined: 02 Nov 2004 Posts: 34535 Location: Hereford
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Shan
Joined: 13 Jan 2009 Posts: 9075 Location: South Wales
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Posted: Tue Jan 22, 19 5:36 pm Post subject: |
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Ty Gwyn wrote: |
Shan wrote: |
Ty Gwyn wrote: |
I agree,they have been trying to sell for a while,
But don`t you think a German company buying into this UK based business,after the Brexit vote is rather odd,if everything is supposed to go down the pan. |
Chaos economics is notorious for producing asset deals. This would not have been Tata's first, second or even third choice but it's likely to be their only choice. Jacob Rees' Mogg's father wrote a book on how creating political and economic instability produces massive opportunities for those with money to make more money.... funny how his son seems to be helping with exactly that.
Frankly, pointing to Tata and saying 'surely Brexit can't be that bad' is like hiding your head under the duvet and saying 'if I can't see the danger, it doesn't exist'. |
I don`t believe I used them words,None of us really know the outcome,its just guess work on all parts,
Maybe the new company will scrap Port Talbot and sell the land for development,Maybe Thyssen Krupp will develop the Margam Coking coal mine,vast experience in Thyssen of mining development,and the fact Germany has stopped mining hard coal,
Like I said,It will be interesting how it pans out. |
No it really isn't guesswork. We KNOW what we currently have with the EU and we know we can not possibly get as good a deal as we currently have with them when we leave. We know this will impact our economy because we know that the EU is our biggest trading partner. In addition, any sane person will realise that we will not be able to replicate or get better deals with the rest of the world, than what the EU has negotiated on behalf of its members because we will not have the same level of political influence or negotiating power. An analogy for you: Imagine that the various branches of Tesco are EU members; their combined buying power gives them the ability to negotiate much better deals than the local corner shop is able to. The UK has been reduced to being the local corner shop. The ROW will not give the UK better deals than they do the EU because what you do not do, is piss off your biggest customer. |
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Ty Gwyn
Joined: 22 Sep 2010 Posts: 4603 Location: Lampeter
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Shan
Joined: 13 Jan 2009 Posts: 9075 Location: South Wales
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sean Downsizer Moderator
Joined: 28 Oct 2004 Posts: 42218 Location: North Devon
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Shan
Joined: 13 Jan 2009 Posts: 9075 Location: South Wales
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Ty Gwyn
Joined: 22 Sep 2010 Posts: 4603 Location: Lampeter
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Shan
Joined: 13 Jan 2009 Posts: 9075 Location: South Wales
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