wandringstar Posted January 17, 2017 Report Share Posted January 17, 2017 ok, thanks for the replies, i still aint so sure, neither is nigel, and he knows a hell of a lot more than me, ive been reading that the government expects to lose 7-4, not sure how this is a good omen, i really dont, remember the house of lords is stuffed with remainers. Quote Link to comment Share on other sites More sharing options...
Vince Green Posted January 17, 2017 Author Report Share Posted January 17, 2017 ok, thanks for the replies, i still aint so sure, neither is nigel, and he knows a hell of a lot more than me, ive been reading that the government expects to lose 7-4, not sure how this is a good omen, i really dont, remember the house of lords is stuffed with remainers. The house of lords is stuffed with a load of people who probably fully understand on which side their bread is buttered. Its a massive gravy train which could end up getting neutralised if it rocks the boat too hard. The thing about changes like Brexit are that the ripples run for a long way. It will be a new era and I reckon May is another Iron Lady, I don't think we have seen anything yet. Anybody who has ever been divorced will know that women are formidable negotiators when the chips are down. I would rather deal with the Taliban. Quote Link to comment Share on other sites More sharing options...
69chris Posted January 17, 2017 Report Share Posted January 17, 2017 dunno how reliable this is but...... http://uk.businessinsider.com/house-of-lords-will-not-block-brexit-article-50-2017-1 Quote Link to comment Share on other sites More sharing options...
markm Posted January 17, 2017 Report Share Posted January 17, 2017 (edited) Let's wait and see how great this brexit is. Instead of singing the praises of a $0.03 increase in currency value and (which I've read in many places) the threat of 'backlash from the public' let's give it 5 years. I was an "in" voter, still am, but not that bothered about the outcome, I'm well through my career and mortgage free from 40. I was more surprised really. I hope it goes well for my kid's future. The economy doing great? Really? What's happened so far? Nothing much except rubbish travel money exchange rates. In the next few months we will get an increase in the cost of the vast majority of goods, groceries, fuel, heating etc etc and we have more in poverty, even before the vote. How do those right on the bread line cope? Edited January 17, 2017 by markm Quote Link to comment Share on other sites More sharing options...
12gauge82 Posted January 17, 2017 Report Share Posted January 17, 2017 Let's wait and see how great this brexit is. Instead of singing the praises of a $0.03 increase in currency value and (which I've read in many places) the threat of 'backlash from the public' let's give it 5 years. I was an "in" voter, still am, but not that bothered about the outcome, I'm well through my career and mortgage free from 40. I was more surprised really. I hope it goes well for my kid's future. The economy doing great? Really? What's happened so far? Nothing much except rubbish travel money exchange rates. In the next few months we will get an increase in the cost of the vast majority of goods, groceries, fuel, heating etc etc and we have more in poverty, even before the vote. How do those right on the bread line cope? That's the problem though, a huge section of society (mostly the young unskilled) are on the bread line because of uncontrolled immigration, it's put massive pressure through wage suppression for unskilled and semi skilled jobs and has helped push house prices up. Quote Link to comment Share on other sites More sharing options...
poontang Posted January 17, 2017 Report Share Posted January 17, 2017 The economy doing great? Really? What's happened so far? Quite a lot really. IMF figures put the UK economy as having the fastest growth of all G7 countries in 2016, despite Brexit. It has also upgraded its prediction for growth in 2017 from 1.1% to 1.5% I really do think some remainers are desperate for some sort of cataclysmic decline in the UK economy just to prove their point. Stocks and currencies will fluctuate just as they always have, as will borrowing and inflation. Trade will continue with Europe, and across the globe,,, and in 5 years time you'll wonder what all the fuss was about. Quote Link to comment Share on other sites More sharing options...
Vince Green Posted January 17, 2017 Author Report Share Posted January 17, 2017 (edited) That's the problem though, a huge section of society (mostly the young unskilled) are on the bread line because of uncontrolled immigration, it's put massive pressure through wage suppression for unskilled and semi skilled jobs and has helped push house prices up. That's been the problem, people have been saying it and the politicians haven't been listening. Its like the Uber thread running on here at the moment, would this have been allowed to happen twenty years ago? Somebody has to say no, that's enough. The canal near me is packed with people living on dismal house boats now because they can't afford a proper home yet the local council estate is full of Afgans, Somalis, etc and all sorts of Eastern Europeans giving it large. Edited January 17, 2017 by Vince Green Quote Link to comment Share on other sites More sharing options...
guest1957 Posted January 17, 2017 Report Share Posted January 17, 2017 Cup half empty again guest1957? Lol!.... whooops sorry about that but you do make me laugh! Trying to pin the FTSE fall on RR was straw clutching from Vince given the settlement actually caused RR shares to increase in value quite substantially. Quote Link to comment Share on other sites More sharing options...
guest1957 Posted January 17, 2017 Report Share Posted January 17, 2017 Actually, biggest one day fall on FTSE since June was Dec 12th. ScreenHunter_11 Jan. 17 19.41.jpg https://www.google.co.uk/amp/www.telegraph.co.uk/business/2017/01/17/pound-rebounds-ftse-100-falters-ahead-inflation-report-theresa/amp/?client=safari Keep clutching at straws. FTSE is well down. How can RR being 7% up fit in with Vince's explanation as to this. Ring the cause of the FTSE fall? Quote Link to comment Share on other sites More sharing options...
AVB Posted January 17, 2017 Report Share Posted January 17, 2017 https://www.google.co.uk/amp/www.telegraph.co.uk/business/2017/01/17/pound-rebounds-ftse-100-falters-ahead-inflation-report-theresa/amp/?client=safari FTSE is well down. How can RR being 7% up fit in with Vince's explanation as to this. Ring the cause of the FTSE fall? RR was up 4% not 7% and there was a lot of profit taking. The FTSE has risen 4.6% since Dec 20 and on the back of a 9 day winning run. The biggest constituents of the FTSE, BP, HSBC etc. were down which dragged the index down. Overall winners were 25, losers were 75. It wasn't a rout by any means. Quote Link to comment Share on other sites More sharing options...
guest1957 Posted January 17, 2017 Report Share Posted January 17, 2017 RR was up 4% not 7% and there was a lot of profit taking. The FTSE has risen 4.6% since Dec 20 and on the back of a 9 day winning run. The biggest constituents of the FTSE, BP, HSBC etc. were down which dragged the index down. Overall winners were 25, losers were 75. It wasn't a rout by any means. Sorry my source on RR was out. But still, RR +4.5% doesn't account for the fall which is the claim Vince was making. I don't read that much into the FTSE but Vince had been telling us how it is a sign that UK PLC is thriving but can't account for today's fall as it doesn't fit into his narrative. The cheap £ has to be the major contributor to the run up until today. Quote Link to comment Share on other sites More sharing options...
hawkfanz Posted January 17, 2017 Report Share Posted January 17, 2017 i dont give a stuff if prices go up......short term pain,long term gain,,,,,its my g children an gt children i,m bothered about,thats y i voted out. Quote Link to comment Share on other sites More sharing options...
dead eye alan Posted January 18, 2017 Report Share Posted January 18, 2017 i dont give a stuff if prices go up......short term pain,long term gain,,,,,its my g children an gt children i,m bothered about,thats y i voted out. Yep me too! the sooner we get out the better. Quote Link to comment Share on other sites More sharing options...
wandringstar Posted January 18, 2017 Report Share Posted January 18, 2017 no one talks about our gigantic national debt, its all brexit, brexit, brexit, this debt has the potential to sink every one of us, brexit would be a minor side point if it starts to go terribly wrong. in my opinion, when anybody is in this much debt, regardless of the fact you are servicing it, you are vulnerable and weak, what really galls me though, is the infrastructure of the country, roads etc, isn't exactly in a great state, so we have this debt, but only a bloated welfare invoice to show for it, of course people will say, yeh, but we have this, and we have that, but the bottom line, undeniable fact is, we spend more than we earn, and the debt is terrifying. p.s ginsters have gone up 10 percent, like everything really, for the record, I am firmly a brexiteer. Quote Link to comment Share on other sites More sharing options...
oowee Posted January 18, 2017 Report Share Posted January 18, 2017 (edited) no one talks about our gigantic national debt, its all brexit, brexit, brexit, this debt has the potential to sink every one of us, brexit would be a minor side point if it starts to go terribly wrong. in my opinion, when anybody is in this much debt, regardless of the fact you are servicing it, you are vulnerable and weak, what really galls me though, is the infrastructure of the country, roads etc, isn't exactly in a great state, so we have this debt, but only a bloated welfare invoice to show for it, of course people will say, yeh, but we have this, and we have that, but the bottom line, undeniable fact is, we spend more than we earn, and the debt is terrifying. p.s ginsters have gone up 10 percent, like everything really, for the record, I am firmly a brexiteer. The National economy is run differently from home finances. Whilst most of us would be horrified to have so much debt for a country (within limits) its not such a bad thing. Weakening the currency is the most obvious benefit. That's one of the reasons Germany is laughing all the way to the bank with the Euro sharing. Economic growth and inflation help manage the debt for us. Its a bit like house buying. How many of us could afford to buy the house we live in today? Edited January 18, 2017 by oowee Quote Link to comment Share on other sites More sharing options...
wandringstar Posted January 18, 2017 Report Share Posted January 18, 2017 no, debt of this size is a terrible thing oowee, its no good dressing it up, i know it,but too many are kidding themselves over it. as i say, we have this debt, but the roads are shocking, get what i mean, i recently went to debt ravaged majorca, never been on such smooth decent roads, i know they dont get the winters but even so...... Quote Link to comment Share on other sites More sharing options...
Fuji Shooter Posted January 18, 2017 Report Share Posted January 18, 2017 I am hoping there won't be an EU to negotiate with in the next 2 years. Quote Link to comment Share on other sites More sharing options...
12gauge82 Posted January 18, 2017 Report Share Posted January 18, 2017 I am hoping there won't be an EU to negotiate with in the next 2 years.I don't know about that, I hope we're out with are own trade deals and as far from the EU monster as possible before it implodes Quote Link to comment Share on other sites More sharing options...
Vince Green Posted January 18, 2017 Author Report Share Posted January 18, 2017 (edited) I don't know about that, I hope we're out with are own trade deals and as far from the EU monster as possible before it implodes That's the real point, its always been about getting ourselves as far away as possible from the EU and its corruption. We should not worry too much about anything else. You are right though, the EU will implode whether we leave or not. When it does you can be sure now that we will get the blame for absolutely everything. Edited January 18, 2017 by Vince Green Quote Link to comment Share on other sites More sharing options...
panoma1 Posted January 18, 2017 Report Share Posted January 18, 2017 (edited) Let's wait and see how great this brexit is. Instead of singing the praises of a $0.03 increase in currency value and (which I've read in many places) the threat of 'backlash from the public' let's give it 5 years. A few years ago I was in conversation with a mate and mentioned I was taking fish oil capsules for arthritic joints...."does it work"? My mate said...."how do I know" says I........"I don't know what it would be like if I wasn't takin em"! Same with Brexit and your 5 year wait..........we're out so how will we know what it would have been like if we were still in! Edited January 18, 2017 by panoma1 Quote Link to comment Share on other sites More sharing options...
guest1957 Posted January 18, 2017 Report Share Posted January 18, 2017 Amusing sketch in the FT with some valid points to think about: https://www.google.co.uk/amp/s/amp.ft.com/content/984fee48-4a62-3a20-b2af-e469a9f828f9?client=safari Quote Link to comment Share on other sites More sharing options...
achosenman Posted January 18, 2017 Report Share Posted January 18, 2017 I think you are too narrowly focussed. Brexit is about more than just money for the majority of out voters. BTW I think your link requires the reader to subscribe...that isn't gonna happen Quote Link to comment Share on other sites More sharing options...
markm Posted January 18, 2017 Report Share Posted January 18, 2017 On another note. Just watched a video on Facebook of people in Europe thanking the people of the uk for subsidising their public transport system. It reeks 100% of an in campaign. But I've just looked at a box to tetley tea bags, on the end is a big TATA logo and the words TATA global beverages. What actually is British to take back? This is what worries me..... Quote Link to comment Share on other sites More sharing options...
AVB Posted January 18, 2017 Report Share Posted January 18, 2017 On another note. Just watched a video on Facebook of people in Europe thanking the people of the uk for subsidising their public transport system. It reeks 100% of an in campaign. But I've just looked at a box to tetley tea bags, on the end is a big TATA logo and the words TATA global beverages. What actually is British to take back? This is what worries me..... Why would we necessarily take Tetley back from Tata any more than we would take Jaguar Land Rover from them. They seem to have been good for JLR. Quote Link to comment Share on other sites More sharing options...
Rewulf Posted January 18, 2017 Report Share Posted January 18, 2017 no, debt of this size is a terrible thing oowee, its no good dressing it up, i know it,but too many are kidding themselves over it. as i say, we have this debt, but the roads are shocking, get what i mean, i recently went to debt ravaged majorca, never been on such smooth decent roads, i know they dont get the winters but even so...... Been out to mainland Greece lately ? Its no good comparing the holiday islands of Spain and Greece,as they have good local tourist income. Take a look at the 'normal' areas of these countries,among others,massive unemployment,poverty and no real way out of it,because theyre economy is smashed to pieces by the Euro. The elephant in the room, EU budget shortfall when we eventually stop paying,theyre already talking about continuing payments after the divorce. Quote Link to comment Share on other sites More sharing options...
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