Brexit
Brexit
Out of context: Reply #697
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- Nairn-1
An immensely dry and quite thorough outline of why Maplin failed:
https://www.theregister.co.uk/20…
Apply this to House of Fraser or any other such large retail high street business that over-reached and failed due to investment expectation and onerous interest payment obligations...
....not ‘Brexit’, as is often unthinkingly trotted out as the fault.
- the real nightmare of brexit is that it will obscure, and be blamed for, all the myriad stuff we have and are in the process of fucking upFax_Benson
- including brexitFax_Benson
- The drop in the value of the pound after the Brexit vote was touted as the final nail in the coffin by Maplin's management... the article is about thekingsteven
- re-financing of the company years earlier. It doesn't contradict that claim in any way...kingsteven
- and who the fuck is blaming 'brexit' for businesses closing other than the knock on effects of economic uncertainty to businesses already in the red?kingsteven
- Interesting article but really, two totally separate issues... Capitalism thread plz.kingsteven
- If you're trying to imply that brexit will have no adverse affect on UK business you're deluded. If anything this article highlights how dangerous brexit is.The_Reprisalizer
- I'm not implying anything - I'm putting this here because there were a couple of QBNers who specifically blamed brexit when Maplin imploded. hence here.Nairn
- UK High street retail (including the likes of Jamie Oliver's schlumpire) is vastly over-extended , with far too much of a weight of expectation placed on it.Nairn
- Although I do find it amusing how froth-mouthed and red-faced people react when anything that even begins to not blindingly support remain crops up...Nairn
- It's like national veganism.Nairn
- Yup, Maplins had nothing to do with Brexit, it was fucked for years. There are other examples where Brexit applies though.fadein11
- You seem to be saying that a few mysterious QBN'rs linked Brexit (something that hasn't happened yet) with Maplin closing and trying to argue that this is BSkingsteven
- by using an article that doesn't disprove that it wasn't the effect of the weak pound after the vote (as stated by Maplin management) that was the final nail inkingsteven
- the coffin. Politics aside you're as bad as anyone who said it was a direct effect of Brexit as you are attempting to make a clickbait headline of an articlekingsteven
- 'Mysterious QBners', eh? Crikey, I had no idea I was being so furtive! The timeline suggested here implies their fate was sealed prior to 2014Nairn
- with no relevance to the argument that the Brexit vote didn't have an effect. The article is great, Brexit may have economic benefits, you are talking BSkingsteven
- As for management blaming Brexit for their woes, well - colour me shocked.
Shocked, I tell thee!Nairn - This seems like as good a time as any to deploy my favouritest ever meme. NSFW!
https://i.4pcdn.org/…Nairn - Jesus christ man, get a fucking grip. They blamed the weak pound that was a direct economic effect of the vote and this was turned in to the clickbait headlinekingsteven
- "brexit killed maplin" im just saying taking an article about refinancing and framing it as "brexit didn't kill maplin" is just as idiotic.kingsteven
- Crikey, with such borderline histrionics, I'm not sure I'm the one needing to 'get a grip'.Nairn
- I'm perplexed as to where I suggested that 'Brexit might have economic benefits'?
Vegan nationalithm, ladieth and gentlemen, theeth what it wantth to thee.Nairn - Hold on - hitler was a vegan nationalist. I meant 'National Veganism' of course.
Much worse.Nairn - jaysus christ man, no one is outraged, i stated brexit may have economic benefits so you would understand that i'm only questioning your logickingsteven
- Literally the only reason I posted this was because I read it and remembered some people here blaming Maplin's downfall on Brexit.Nairn
- Since doing so, you've gone off on God only knows what tangent, thrown in your own variables, conspiracies and histrionics and here we are.Nairn
- But somehow I must calm down, because .. I'm not sure.Nairn
- Is it windy over there today?Nairn
- histrionics, conspiracies? i'm not the one that invented the NAZVE party up there :-Dkingsteven
- pretty niche, as sidenote-epics go :)Fax_Benson