Brexit multiplied the number of Finnish travelers to London | Hacker News Reader

Brexit multiplied the number of Finnish travelers to London

metropolitan.fi

24 pointsvelmu14 comments

It was also the week that a lot of Finns start their summer holidays so presumably a seasonal expectation as well. I'm sure a weak pound plays a part, but hardly breaking news.

Also, a Finn (Henri Kontinen) is doing pretty well at Wimbledon, so a bunch of people may be coming to watch him play.

This is from "week to week" - shouldn't it be compared to the same time last year instead?

Initially, I would think that sales would go up in mid-summer anyways.

Well, a weaker pound can also help to bring in more tourists for sure.

I'm not saying that can't happen - I'm saying the metric they're using is flawed.

This isn't really massively newsworthy or particularly insightful -- however Brexit and it's consequences are though.

The only underpinning piece of insight at play I can gather from this piece is that when a currency drops in value it attracts tourists of which I think is fairly basic economics and something that most of HN already fairly au fait with.

I mean this article would be fairly low down on Bloom's pyramid for me. Am I missing something here perhaps?

I'd suggest the current frenzy surrounding Brexit means that many news outlets are looking for articles to write about it, regardless of whether they're insightful or not. Hopefully things will calm down after Article 50 is invoked and the financial markets stabilise.

Why would they stabilise after triggering article 50? At the moment it seems they are going up in hope that no one will trigger article 50, but actually doing it will send them into another plunge once again? No?

The media thrives on speculation. That speculation will diminish after Article 50 has been invoked. Markets will almost certainly dip again initially but will bounce back again after the opportunists cash in.

>Why would they stabilise after triggering article 50?

Introduces certainty. No one knows when exactly they'll invoke it or if they will currently just that it seems very likely.

Additional knowledge/information changes probabilities. More information means less risk. Less risk, less volatility.

A friend of mine joked that buying from amazon.co.uk now has a site-wide 20% discount.

I looked up a few things to check if they are worth buying.

Nope, no real discount. Already priced in :(

Amazon's vast AI reacts very quickly to negate any advantage meatware thinks it has.

They all come to prepare moving stuff over to the eu :)

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