You are reading a single comment by @Dammit and its replies. Click here to read the full conversation.
  • but no-one else is going to get hit.

    Really?

    Do you genuinely believe that an economy like ours will not send out ripples?

    It's forgotton now due to the Financial Crisis, but the uncertainty over 9/11 put lots of people out of work. Ultimately it didn't unfold into a full recession at that point.

    My worry is the markets have had a brilliant run, but are waiting for a reason to turn. A UK economic downturn could be the event that starts things off. Most of the major US companies used Trump's tax breaks to buy back shares or trim debt, not to invest.

  • Do you genuinely believe that an economy like ours will not send out ripples?

    I think it'll cause problems, but I think Brexit will also bring opportunities - just not for UK based companies. I also think that the EU will have had four years to prepare and likely have plans for how to react, whilst we have pissed the same period of time straight up the wall.

    US/China is probably a bigger threat than Brexit (now), but I think when it comes to it Trump will lose his bottle. The question there is not what Trump is going to do, but whether or not it goes President Pence and VP Ivanka, Trump pardoned, then Ivanka 2020 with one of her idiot brothers as VP. Then the global economy is doomed, unless and until we can ditch the dollar as the universal unit of currency and clearing.

  • Without sounding frank, what's the issue with waiting?? If a Rolex GMT is really what you want and it's a brand that's way more likely to appreciate than most, then surely that answers all your questions. There's always going to be a wait regardless, most times it's quicker than people quote and it will make you feel that much more excited when the time comes.
    If it was for a specific occasion like a special birthday or anniversary then that's slightly different.

About

Avatar for Dammit @Dammit started