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Boris - delusional?


ElvisThePelvis
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As a debating point, there seems to be a general opinion on here that there are no politicians currently capable of leading a party, much less the country! Would that be because all political party's have over the last few years used positive descrimination or maybe a "quota system" when selecting their candidates for parliament? Based on "other" criteria rather than an ability to do the job.

No, in the case of the Conservatives, politics has become the refuge of the Eton rejects who didn't have the ability to land a job in the City on twenty times the salary.

 

Labour has become the refuge for a political class that have no real connection with the movement but it beats having to work for living. Go through the motions and nod in the right places

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Liam Fox would be my shout..

Lived in a council house and graduated to become a GP , so knows about the real world and not from the Eton set

Has experience in government , committed eurosceptic and has voted against rises in foreign aid budget

He appears more statesman like than the other candidates

Definitely not Hunt , Hammond , May or Morgan

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That's the worry with Boris. His pronouncements yesterday left everyone open mouthed, saying that the markets and the pound were stable, whilst behind him, it was carnage on the stock markets and the pound fell to a 35 year low! He's an idiot.

The pound was stable at the bottom. As for Theresa May lets hope she doesn't end up PM.

 

 

Theresa May urges Europe to adopt Britain's gun laws after Paris attacks THERESA MAY will urge European countries to adopt Britain's tough firearms laws in the wake of the Paris terror attacks, as she warned the threat from violent jihadists was "evolving.
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Looks like a little blip . Shares bounced back and the city loves votility does it not? Lots more trading.

I have just looked at a website with stock market data for the past seven days, and it appears that our own FTSE 100 has fallen LESS than any other European index.

 

Were the scare-mongers were wrong? Are the credit rating agencies hopelessly unreliable? Is the Euro-zone in a far worse mess than UK? Have Osborne and Carney been doing a marvellous job this week in steadying the markets? Or could it be that very few of these financial "experts" are worth listening to?

 

http://www.euroinvestor.com/markets/stocks

Fall (week ending 28 June 2016)

-1.4% FTSE 100 (UK)

-5.7% DAX 30 (Germany)

-3.0% OMX C20 CAP (Denmark)

-4.9% OXM Stokholm 30 (Sweden)

-2.6% OSE BX (Norway)

-7.0% BEL 20 Index (Belgium)

-9.6% IBEX 35 (Spain)

-5.0% OMX Helsinki (Finland)

-6.4% CAC40 (France)

-10.5% FTSE MIB (Italy)

-5.2% AEX (Netherlands)

-2.8% WIG20 (Poland)

-5.9% PSI 20 (Portugal)

-2.0% SMI (Switzerland)

-13.1% FTSE ATHEX 20 (Greece)

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JRM is certainly a possibility but one name slowly coming to the surface and during the Brexit campaign always offered very thoughtful and concise answers/views, was Dr Liam Fox.

In all the interviews I saw he never ever got flustered and in my view always won the argument. He was for leaving the EU and I believe is his own man, not in anyones pocket.

May, I wouldn't trust. I think poor old Boris is soiled and it would be a difficult job for him to take on, although I believe he should be in any group making the rules for parting company.

Certainly no Norwegian/Swiss style. We voted to LEAVE, we do not want any ties at all, no agreements on immigration etc etc., We will make the rules as a free sovereign nation If the EU countries wish to trade with us, they can, as Nigel said in the Parliament today, act like grown ups and talk sense and everyone can benefit and I am certain the trades and companies across Europe will do just that as they have a great deal to lose. Our big problem is finding someone with the backbone to fight our corner.

Edited by Walker570
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Let Boris have his turn.

 

He likes Europe. He even speaks a bit of the lingo.

 

I don't think he'll do too badly at all.

 

This country needs some of his softness to quell the nastier elements that have emerged since the referendum. He has got very broad appeal, and that might just do the trick.

 

LS

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Let Boris have his turn.

 

He likes Europe. He even speaks a bit of the lingo.

 

I don't think he'll do too badly at all.

 

This country needs some of his softness to quell the nastier elements that have emerged since the referendum. He has got very broad appeal, and that might just do the trick.

 

LS

I think you are right Johnson is ok, and think he is the right man for the job.

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I have just looked at a website with stock market data for the past seven days, and it appears that our own FTSE 100 has fallen LESS than any other European index.

 

Were the scare-mongers were wrong? Are the credit rating agencies hopelessly unreliable? Is the Euro-zone in a far worse mess than UK? Have Osborne and Carney been doing a marvellous job this week in steadying the markets? Or could it be that very few of these financial "experts" are worth listening to?

 

http://www.euroinvestor.com/markets/stocks

Fall (week ending 28 June 2016)

-1.4% FTSE 100 (UK)

-5.7% DAX 30 (Germany)

-3.0% OMX C20 CAP (Denmark)

-4.9% OXM Stokholm 30 (Sweden)

-2.6% OSE BX (Norway)

-7.0% BEL 20 Index (Belgium)

-9.6% IBEX 35 (Spain)

-5.0% OMX Helsinki (Finland)

-6.4% CAC40 (France)

-10.5% FTSE MIB (Italy)

-5.2% AEX (Netherlands)

-2.8% WIG20 (Poland)

-5.9% PSI 20 (Portugal)

-2.0% SMI (Switzerland)

-13.1% FTSE ATHEX 20 (Greece)

 

Unfortunately the FTSE100 isn't a good comparison to other indices. It is heavily weighted towards commodities and mining stocks and companies that have heavy overseas exposure. Also it has 100 constituents compared to 20-40 in the others and so can, to some extent, balance out across different sectors. The FTSE250 is a better indicator of the UK economy as it constituents have more UK exposure.

 

Interesting story regarding the FTSE100. In the early days of computers in the City around the time of Big Bang in 86 my team were one of the first in the world to calculate the FTSE100 value independent of the London Stock Exchange. We used it to calculate the likely impact on the FTSE value for the next day based upon out of hours trading and the futures market. That's my claim to fame.

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Unfortunately the FTSE100 isn't a good comparison to other indices. It is heavily weighted towards commodities and mining stocks and companies that have heavy overseas exposure. Also it has 100 constituents compared to 20-40 in the others and so can, to some extent, balance out across different sectors. The FTSE250 is a better indicator of the UK economy as it constituents have more UK exposure.

 

Interesting story regarding the FTSE100. In the early days of computers in the City around the time of Big Bang in 86 my team were one of the first in the world to calculate the FTSE100 value independent of the London Stock Exchange. We used it to calculate the likely impact on the FTSE value for the next day based upon out of hours trading and the futures market. That's my claim to fame.

Another interesting story about big bang in 86 was that a lot of it was triggered by early software that grossly overreacted to drops in the market. If a stock drops (say) 3% the computer said sell. The trouble was everybody had bought the same software and everybody got the same message at exactly the same moment and the whole lot went into freefall. In actual fact nothing has changed

 

The markets are very predictable, something like Brexit is going to trigger a massive drop. Everybody knows it will happen and they are waiting poised to sell so they can buy back later. Its a ritual so expected that it can be discounted.

 

I'm glad the markets haven't gone off the scale though but its currency that is the one to watch. We are lucky, we still have control of our currency, that's a huge advantage, if we had joined the Euro it would have been a game changer.

 

We are able now to shed an awful lot of excess baggage and live free of all that was holding us back. I would feel happier if I believed we had the political talent to take us through in style but hey! Maybe the Messiah will come after all.

 

We hold all the cards now

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I have just looked at a website with stock market data for the past seven days, and it appears that our own FTSE 100 has fallen LESS than any other European index.

Yes, if you're content to gloss over the fact we've ****ed ourselves, then (as was also widely" scare-mongered" before the poll) we've undoubtedly ****ed the EU and the rest of our economic allies to a similar (possibly a bit more, possibly a bit less) degree.

 

The (possibly a bit more, possibly a bit less) bit isn't where the focus of any analysis should rest.

Edited by Granett
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Let Boris have his turn.

 

He likes Europe. He even speaks a bit of the lingo.

 

I don't think he'll do too badly at all.

 

This country needs some of his softness to quell the nastier elements that have emerged since the referendum. He has got very broad appeal, and that might just do the trick.

 

LS

Agreed
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Yes, if you're content to gloss over the fact we've ****** ourselves, then (as was also widely" scare-mongered" before the poll) we've undoubtedly ****** the EU and the rest of our economic allies to a similar (possibly a bit more, possibly a bit less) degree.

 

The (possibly a bit more, possibly a bit less) bit isn't where the focus of any analysis should rest.

I don't think we have ****** ourselves as you describe it, you have been listening too much to the project fear side of the debate. Even the politicians that were trying to scare the old ladies have now changed their tune. All the indications are that we will be fine once the markets stop bouncing and everything settles down.

 

As for those countries that will find it hard to live without our money? TOUGH! That just proves what a mess the EU was in. It was never intended to be a gravy train but that's what it had become.

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I don't think we have ****** ourselves as you describe it, you have been listening too much to the project fear side of the debate. Even the politicians that were trying to scare the old ladies have now changed their tune. All the indications are that we will be fine once the markets stop bouncing and everything settles down.

 

As for those countries that will find it hard to live without our money? TOUGH! That just proves what a mess the EU was in. It was never intended to be a gravy train but that's what it had become.

 

But then don';t say that people are talking down the country when they are demonstrably trying to make the best of the situation.

 

Time will tell regarding the economic ramifications. The down-rating of Sterling says a lot more to me than anything else at this stage.

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Yes, if you're content to gloss over the fact we've ****** ourselves, then (as was also widely" scare-mongered" before the poll) we've undoubtedly ****** the EU and the rest of our economic allies to a similar (possibly a bit more, possibly a bit less) degree.

 

The (possibly a bit more, possibly a bit less) bit isn't where the focus of any analysis should rest.

 

 

The point of this rant has been lost on me.

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