yes this is what i mean by communication! there are many people ready to spend but they’re not stupid, if the mood from the government is nothing but gloom then even those who can afford to spend switch to saving. The messaging matters and that’s why so many businesses are holding back
Won’t anybody think of the flippers and grey market dealers, the ones who inserted themselves between the retailer and consumer and gouged a huge profit?
during economic down turn, that has always been an opportunity for me to buy up things i can afford and will enjoy. And then perhaps when the economy improves, i'm tempted to sell them on. I may not have made any money but i wouldnt have lost any either
It could all turn round for the better but I think it's a case of buckle up for the next four and a half years. Does anybody out there consider this government to have made even a reasonable start??
possibly, economically at least and yes i don’t you’ll find anyone who would admit it’s a reasonable start. On other issues beyond the economy, perhaps house building initiative i something we all agree that the country needed so that’s one thing
@@vinnyfranciswatches I agree about the house building initiative, but so far that's only a good intention. Even if they build 1.5 million homes unless immigration numbers are brought down those houses wouldn't accommodate even those who arrived in the last two years of the previous administration. We're in a mess!!
Most sadly ALL we're going to get for the next four & a half years is ONLY even more low growth, even more low productivity, even more Government borrowing, even more higher taxation, even more mass uncontrolled & mass unskilled immigration, even worse public services & even more foodbanks & such like & so whoever wins the next General Election in July 2029 is either just simply going to continue this massive ongoing decline of the economy or just maybe & it's a huge big maybe, we actually get a Government who have the cojones & know how to start to turn it all around slowly but if not....
No lies detected. A rough few years headed your way. Vinny, if you haven’t already, you should look to internationalize your business. Perhaps a US partner? Rolex prices have stabilized here and Trump will certainly spin up our economy. That coupled with Bitcoin/crypto rallies mean more spending on luxuries. PS - Chisholm Hunter just copied your ‘Rolexes under retail’ video.
yes probably, It looks like business is much easier over the pond, perhaps because it’s a much larger market 300 million v 60 million and your accountancy rules are far more relaxed and income based v asset focused as with our IFRS laws we have to comply with And yes, this channel was the first to talk about trade prices and now everyone’s also doing a ‘flip or pass’ video, that’s youtube i guess. Thanks for watching
@@vinnyfranciswatches the tax rates in the US in Florida and Texas, for example, are around 30% for earners over 500k p/a, over here they more or less take 50% from high earners. People have a lot more disposable income over there as a result and will spend more on luxury items. In the UK we just exist to provide for the public sector and the millions who don’t want to work.
economics…first class finance degree and accredited accountancy levels at ACA and CIMA. With respect, working hard for such qualifications has provided me with adequate knowledge enough to link the theory with real-world application
No matter what the economic conditions are, there are always better investment vehicles than watches.
true
@@vinnyfranciswatches Vinny you’re a legend
Spot on. But watch collectors generally collect them for many reasons and not necessarily to make money. Speculators do it for profit.
Mate I’ve got a few quid, I’ve not bought anything of any extravagance in the last 3 months. Pulled my horns in massively
yes this is what i mean by communication! there are many people ready to spend but they’re not stupid, if the mood from the government is nothing but gloom then even those who can afford to spend switch to saving. The messaging matters and that’s why so many businesses are holding back
Great reasoned video Vinny
Cheers david hope you’re well and merry christmas to you and family mate
Won’t anybody think of the flippers and grey market dealers, the ones who inserted themselves between the retailer and consumer and gouged a huge profit?
during economic down turn, that has always been an opportunity for me to buy up things i can afford and will enjoy. And then perhaps when the economy improves, i'm tempted to sell them on. I may not have made any money but i wouldnt have lost any either
Vinny have I just WATCHED a party political broadcast n behalf of the WATCH industry 😂😂 merry x mas mate 🎄
Haha Merry Christmas to you and your family, thanks for watching mate
Maybe you can take Rachel from accounts' position with any luck.
It could all turn round for the better but I think it's a case of buckle up for the next four and a half years. Does anybody out there consider this government to have made even a reasonable start??
possibly, economically at least and yes i don’t you’ll find anyone who would admit it’s a reasonable start. On other issues beyond the economy, perhaps house building initiative i something we all agree that the country needed so that’s one thing
@@vinnyfranciswatches I agree about the house building initiative, but so far that's only a good intention. Even if they build 1.5 million homes unless immigration numbers are brought down those houses wouldn't accommodate even those who arrived in the last two years of the previous administration. We're in a mess!!
Most sadly ALL we're going to get for the next four & a half years is ONLY even more low growth, even more low productivity, even more Government borrowing, even more higher taxation, even more mass uncontrolled & mass unskilled immigration, even worse public services & even more foodbanks & such like & so whoever wins the next General Election in July 2029 is either just simply going to continue this massive ongoing decline of the economy or just maybe & it's a huge big maybe, we actually get a Government who have the cojones & know how to start to turn it all around slowly but if not....
Politics for you Vinny
No lies detected. A rough few years headed your way. Vinny, if you haven’t already, you should look to internationalize your business. Perhaps a US partner? Rolex prices have stabilized here and Trump will certainly spin up our economy. That coupled with Bitcoin/crypto rallies mean more spending on luxuries.
PS - Chisholm Hunter just copied your ‘Rolexes under retail’ video.
yes probably, It looks like business is much easier over the pond, perhaps because it’s a much larger market 300 million v 60 million and your accountancy rules are far more relaxed and income based v asset focused as with our IFRS laws we have to comply with And yes, this channel was the first to talk about trade prices and now everyone’s also doing a ‘flip or pass’ video, that’s youtube i guess. Thanks for watching
@@vinnyfranciswatches the tax rates in the US in Florida and Texas, for example, are around 30% for earners over 500k p/a, over here they more or less take 50% from high earners. People have a lot more disposable income over there as a result and will spend more on luxury items. In the UK we just exist to provide for the public sector and the millions who don’t want to work.
Again, brother, your channel is growing way too slow because you only post a couple times a month at best. Should be one video per day.
Stick to watches Vinny, I doubt your credibility in politics is high
economics…first class finance degree and accredited accountancy levels at ACA and CIMA. With respect, working hard for such qualifications has provided me with adequate knowledge enough to link the theory with real-world application