Is the bubble about to burst?

Is the bubble about to burst?

Author
Discussion

9e 28

9,414 posts

202 months

Friday 24th June 2016
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av185 said:
Oh dear....this says it all
There's quite a few sheep aged less than 49?

Chris Stott

13,413 posts

198 months

Friday 24th June 2016
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A more detailed analysis indicates it's not just the old, but the poor and uneducated that are to blame...



BubblesNW

1,710 posts

184 months

Friday 24th June 2016
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Some would prefer to be inside the tent pissing out rather than outside pissing in.
Unfortunately the tent was in danger of collapsing.
IMHO the European experiment had a chance until overly ambitious plans expanded too far and too quickly.
Where the UK has lead, others will follow. There could well be EU version 2 in a few years - UK, Germany, France, Benelux etc.

9e 28

9,414 posts

202 months

Friday 24th June 2016
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anonymous said:
[redacted]
Our children will be around and....long term GB should outperform the Eurozone IMO. Bet you a bag of chips in 20 years.

9e 28

9,414 posts

202 months

Friday 24th June 2016
quotequote all
anonymous said:
[redacted]
If Europe as a whole is not performing well but we are out performing a mediocre performance thats not what we really want. Its like your stockbroker calling you up to tell you that your portfolio is down 5% but thats okay because the mean performance is down 10%. I'd still sack him.

Any way lets leave this as a car bubble thread.

GT4P

5,219 posts

186 months

Friday 24th June 2016
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Otodus said:
Young voters were voting for their future, the old c$%&s have paid up mortgages, drawing their pensions and their main concern was immigration. The oldies don't care about the economy - yet.
I love this argument that the young were voting for their futures , I mean how has being in the EU benefited them to date?
i find the other remark quiet insulting as I am one of the oldies and my main concerns was not immigration and i certainly don't have a pension to draw down!

9e 28

9,414 posts

202 months

Friday 24th June 2016
quotequote all
anonymous said:
[redacted]
I would not believe all the stats you see - most of them are not independent and always politically scewed to suit a particular agenda.

GB has been ones the worlds top 5 economies for 250 years before the EEC was even thought about. It will be for the next 250 years out of the EEC IMO. Europe's was in chaos and economic melt down well before GB chose to leave - far too much of a mess to try and sort out and be part of...

9e 28

9,414 posts

202 months

Friday 24th June 2016
quotequote all
And going back to Porsche and bubbles. Why when we are part of the EEC do we have to pay virtually twice as much as a punter in Germany, US or UAE for a new Porsche, Mercedes , Ferrari, Lambo or BMW? Not much benefit being in the EEC when it comes to buying new European cars thats for sure!!! GB the gift that just keeps on giving!

9e 28

9,414 posts

202 months

Friday 24th June 2016
quotequote all
anonymous said:
[redacted]
But then there is no reason to be in it as the EEC volcano erupts either. The electorate clearly thought so....

9e 28

9,414 posts

202 months

Friday 24th June 2016
quotequote all
anonymous said:
[redacted]
Again you're believing stats. Many of the brightest and most intelligent people I've worked with and admire have had no formal education. Just because you're educated doesn't mean you're informed (look at me!) and just because you're uneducated certainly does not mean you're ignorant. I don't agree with any of your analysis! Any way no point debating. Its done wink

MDL111

6,982 posts

178 months

Friday 24th June 2016
quotequote all
9e 28 said:
And going back to Porsche and bubbles. Why when we are part of the EEC do we have to pay virtually twice as much as a punter in Germany, US or UAE for a new Porsche, Mercedes , Ferrari, Lambo or BMW? Not much benefit being in the EEC when it comes to buying new European cars thats for sure!!! GB the gift that just keeps on giving!
Aeh, come again - a turbo s in germany costs more than 200k euros (or about the same as a ferrari 488), while in the uk it is from memory 140k sterling

And just for completions sake my car insurance in germany is about 3x the amount in the uk. So I think the uk is/was doing quite well cost wise in terms of cars while in the EU

Edited by MDL111 on Friday 24th June 17:39

9e 28

9,414 posts

202 months

Friday 24th June 2016
quotequote all
anonymous said:
[redacted]
Thats the whole point of a referendum?

Also there's something to be said for more vocational type education - I can't even understand the English many inner city graduates speak nowadays. They give a degree to anyone..,

9e 28

9,414 posts

202 months

Friday 24th June 2016
quotequote all
MDL111 said:
9e 28 said:
And going back to Porsche and bubbles. Why when we are part of the EEC do we have to pay virtually twice as much as a punter in Germany, US or UAE for a new Porsche, Mercedes , Ferrari, Lambo or BMW? Not much benefit being in the EEC when it comes to buying new European cars thats for sure!!! GB the gift that just keeps on giving!
Aeh, come again - a turbo s in germany costs more than 200k euros (or about the same as a ferrari 488), while in the uk it is from memory 140k sterling

And just for completions sake my car insurance in germany is about 3x the amount in the uk. So I think the uk is/was doing quite well cost wise in terms of cars while in the EU

Edited by MDL111 on Friday 24th June 17:39
I'm surprised re the turbo. Was always the opposite for many years and Porsche stopped people ordering RHD on continent. The 488 is still 20-25% more expensive here Euros 250,000 before options and well over Euros 300,000 with a few options.. Currency weakening against Euro may effect that disparity on the Fezza in short term but thats in todays money.

ras62

1,090 posts

157 months

Friday 24th June 2016
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Young voters were voting for their future eh. Do these youngsters understand this EU presides over youth unemployment running at over 50% in many EU countries? Some future.
As the saying goes, you can't put an old head on young shoulders.

av185

18,524 posts

128 months

Friday 24th June 2016
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BubblesNW said:
Some would prefer to be inside the tent pissing out rather than outside pissing in.
Unfortunately the tent was in danger of collapsing.
.
Same difference.....I'm at monsoon hit Glastonbury......biggrin:

SRT Hellcat

7,035 posts

218 months

Friday 24th June 2016
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Well I for one am glad we voted out. Every professional person I have spoken to intended to vote out. Save for one. His reason for staying in was that he believed our own government to inept to negotiate their way out of a paper bag and he does have a point. As for the youngsters well they are too young to be cynical about the true aims of the EU like a an old git like me.
My predictions are that the bubble will not burst. I think that even more people will be drawn to the classic car market particularly LHD stuff.
I also predict that we will see a domino effect with other EU countries looking for an out. A possible collapse of the euro currency. A massive restructuring of the EU directive to stop this happening. Too many vested interests to see the EU project fail completely. So in other words Britain has achieved the same objective as that of WW2. Britain has once again been the saviour of Europe

swimd

350 posts

122 months

Friday 24th June 2016
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anonymous said:
[redacted]
Not many young and well educated people spend their time on cars as a hobby, let alone a car forum on the internet.

Yep, I just suggested that the majority of PH is old and poorly educated.


SRT Hellcat

7,035 posts

218 months

Friday 24th June 2016
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cmoose. Perhaps for the conspiracy theorists out there they did not manage to doctor enough votes so we still won the day. It just makes me smile that really no one had a strategy for the Brexit vote. Because they thought it was a forgone conclusion. Yeah right Doh !!!

mollytherocker

14,366 posts

210 months

Saturday 25th June 2016
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Wow, this went sideways.

I cant even contemplate or numerate the effect on day to day living, never mind some stupid old cars.

Still in shock to be honest.

NJH

3,021 posts

210 months

Saturday 25th June 2016
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Well that is the problem with democracy, nothing is guaranteed and once an election process is started only the insanely arrogant could ever believe they are in control of proceedings. Cameron only just got away with it back with the Scots thanks to a week of everyone promising them the earth to get a last minute swing to stay.