cumgranosalum

She's about as ready as a rheumatic tortoise trying to cross a motorway in front of a fleet of 100mph turbo-charged road-rollers drive by Ted Nugent and his family.

"don't worry, I'm wearing a shell!"

9 hours ago, chiang mai said:

 

On that note:

 

"The pound has found some support as traders recognize that its depreciation has benefits for a nation that’s struggling to boost exports and needs to fund a record current-account deficit. Sterling traders were also encouraged by U.K. Chancellor of the Exchequer Philip Hammond’s suggestion this week that the government wants to keep all options open as it leaves the EU. Still, most of the pound’s moves in recent months have been downward -- and there’s little suggestion that this is set to change. Pound forecasters polled by Bloomberg are more bearish than ever on the U.K. currency’s prospects.  And though the $1.25 median year-end prediction is now stronger than the exchange rate, that reflects how difficult it’s been for strategists to keep pace with sterling’s slide, rather than optimism about a bounce. “What we should expect now is a certain amount of quiet before the next lurch lower,” said SocGen’s Juckes.

 

http://www.bloomberg.com/news/articles/2016-10-22/pound-s-uncomfortable-truce-can-t-mask-the-risk-of-abrupt-swings

"as traders recognize that its depreciation has benefits for a nation that’s struggling"

not really the traders just recognise a dead cat bounce when they see it.

as for benefits -10% of the economy relies on exports - not a big slice and they would hae to double that now to compensate forloss of importing buying poer - e.g raw materials food etc which is just going to go up in price.

"This has to be a worry for the UK. Not a worst case scenario, but a bad case one.' - there wouldn't be this scenario if we had ignored the referendum - it was clearly not in the national interest - there has been months of uncertainty now and no sign of any kind of improvement whatsoever...yet Brexiteers keep refusing to admit what a blunder it has been.

"I would be astonished if the government don't have a strategy in place for the banks, just as they did with the foreign-owned car industry. And I expect they will call the banks in soon enough, just as they are doing with the car industry, to discuss this strategy.' there is no policy for the motor industry they are just trying to stop it from leaving as they will have to do with most businesses vver the next 2 years if they continue with Brexit.

- the point is they had NO strategy for any of these industries before Brexit, they are just running round like headless chickens reacting to stuff they were warned about BEFORE the referendum

i think the main problem with Brexiteers is they aren't even a loosely tied grouping they have agendas tat are completely opposing to other brexiteers - agendas but no policies and any policies (e.g. soft or hard) can't be agreed on when they are belatedly put forward.....it is a mess and a mess created by Brexiteers.

A coda - for those who claim "training" in th USA - it is in fact almost impossible for a foreign doctor to practice in the US they have to go through years of expensive training in the US to do that and Thai doctors seldom have the time or money to do this.

Other training is often given to medical practitioners on an "observer" basis and at the end the customer is given a certificate to put on their wall.

If you look at most of these certificates they are from the stes or carribean islands as this sort of industry does not exist in Europe to any such great extent.

On 10/13/2016 at 0:39 PM, Sheryl said:

 

I am not trying to "apologize" for anything and I do not regard either this thread or this forum as a referendum on Thai medical care.

 

The forum is a place for expats living in Thailand  to get practical information/advice on their immediate health care problems/needs. I do not see how general commentaries on  problems in the Thai Health system in any way help people navigate it. What constructive suggestions do you have for the OP?

 

Now you have lost your thread - my advice is that the Thai healthcare system is vERY inconsistant and that anyone using it shoiuld be aware of the pitfalls - I have pointed out some - but not all of these - and given some other advice too if you read my posts.....you will also see that the OP has thanked me for some info I gave him.  It seems to me that you are being bit  churlish.

"Bayonet the wounded all you like, Leavers, but the nation waits to hear your plans. The initiative is yours. We await your proposals and we accept your right – even your duty – to proceed with them. But we want to know what they are. How do you plan to make this thing work? ... We ask because the suspicion grows that none of you has the foggiest. And if that’s true, then you have betrayed the trust of 17 million people who thought you knew. Before the referendum you assumed the mantle of “us” in a revolt against “them” and profited mightily from that assumption. But now you’re in charge. So scream – because the people’s anger will be terrible." - Matthew Parris, reported in the Grauniad.

12 minutes ago, Laughing Gravy said:

I agree that they wouldn't let Greece out but if the Euro crashed and flattened out, it would be interesting to see how many countries would 'jump ship' and get back their old currencies. Or if a few of the bigger hitters such as France, Italy, Holland etc, had new leaders and far right ones at that. It would only take a few countries to see the Euro be defunct as a currency.

 

" France, Italy, Holland"- Italy???? have you any idea why Italy joined the Euro in the first place????

Basically you talk of these countries as if they are the same or even have the same economy - they all have reasons to stay both in the EU and the Euro - the "newer countries too.......Greece at no point wanted to leave either the EU or the Euro....and throughout all of this the Euro has faced far less a battering than the pound....why do you think that is? (I just got the feeling I've opened the door for the conspiracists!)

7 hours ago, i claudius said:

 

Sorry,just tell it as I saw it, mind you it must be so hard for those scientists,architects,and engineers,in Calais ,who by the way as reported on the news tonight have been rioting again ,
Must be so nice in luvvie land

Sent from my ASUS_T00J using Tapatalk
 

 

"Sorry,just tell it as I saw it," - QED

10 hours ago, i claudius said:

 

I would have once agreed with you ,but now things are changing at a very fast rate , what will break up the E.U is the millions of economic migrants that are making their way to the west as their lands implode , This is not a racist rant , its just facts ,the people that are coming are not going to help the west and become "good" citizens , I have been in many of their lands and to be blunt they live like animals , they are just importing it and the population of <Italy Greece , Germany , Sweden etc etc , will not stand for it .this is what will destroy the E.U .

" This is not a racist rant ," "and to be blunt they live like animals"- so what is it then?

Not a "freak" accident - human error and this is a well documented result.

7 hours ago, Khun Han said:

 

Buttonwood describes itself as a blog, and you're arguing that it isn't one? That's an, er, interesting line of argumentation .

 

Anyway, from the Buttonwood column/blog/whatever on 27 June:

 

http://www.economist.com/blogs/buttonwood/2016/06/markets-after-referendum

 

According to Buttonwood, we're supposed to be in recession now. We're not.

 

I don't know about anybody else, but when someone gets one major prediction wrong, I tend to take their next one with a large pinch of salt.

You realise that debating if something is a "blog" - isn't actually a debate? 

if you discuss the information / opinion put forward, that would be a debate.

13 minutes ago, Khun Han said:

 

What a neat little cop-out. Can't name any corps that are cutting back because they're keeping quiet, and corps that are shouting from the rooftops about investing have to be ignored .

 

No sale. I'll continue to flag up the good news on investment in UK Inc.

Brostrichism at its best!

9 minutes ago, Khun Han said:

 

Do you actually believe you are fooling anybody except yourself with this stuff? Even your fellow remainers must be embarrassed by it, though I doubt they'd own up to being so.

Han - you never had any real arguments and now you have just run out of even them, so seem to be resorting to ad hominems - to just about anyone who points out how flimsy your point of view is. Can't even give you points for tenacity as it just appears to be dogged obtusity.

45 minutes ago, Khun Han said:

 

Xircal, you're missing the point: it's not just Siemens, GSK and AstraZeneca. I could keep on providing examples of businesses right across the spectrum who have re-committed to the UK. And you could no doubt keep on coming up with reasons why each individual business is a special case for not being too hampered by brexit. But the point is, all these businesses have rejected the brexit doomsday scenario, and have committed (often with big further investment) to the UK. And this can only be a vote of confidence and big boost for the UK.

 

The trade deficit is cited as the main reason for Sterling's overvaluation by the way, for which it's current fall in value seems to be the only thing remainers have as an argument for some sort of economic crash. Apart from endless speculation, of course.

Of these businesses NONE have rejected Brexit scenarios - iin fact if you actually read what they say, to a man it is basically if they are able to trade as BEFORE they see no problems - but in reality that is very unlikely.

most of the examples you point out are just CEOs trying to maintain a brave face (and of course share price) until they know what the EU negotiations come up with.....and if you look at the mess that is being made their.....be afraid, be very afraid.

2 hours ago, Xircal said:

In 2015 it supplied 80% of the wheat and 63% of barley consumed in the EU.

Sorry but that is complete rubbish.

read your source!

"For both wheat, of which the EU buyers accounted for 80% of UK exports last season, and barley, for which the bloc took 63% of UK sales, the tariff would represent more than half the value of supplies, at 2015 prices, and would probably render such shipments "uneconomic"."

don't you just love it - they wanted to leave the EU and now the pound has joined the Euro!

20 minutes ago, Khun Han said:

 

It's a blog by "Buttonwood", an ardent remainer. Didn't you notice?

It is an important fact to bear in mind that people who argue that Brexit was a bad idea often write articles suggesting this. This kind of thought helps you analyse an article properly - however I notice that it has slipped passed quite a few Brostricheers in the last few weeks as they abandon all hope and turn to quixotic fantasy and paraniod ramblings about "remoaners"

Another "ardent remainer" apparently is Boris Johnson - but then judging by his face after the referendum we all knew that didn't we?

Boris Johnson secret newspaper column favoured UK remaining in EU

1 hour ago, SaintLouisBlues said:

It's a well-known phenomenon known as "confirmation bias". You can see endless examples of it every minute on Thaivisa

Also accompanied by the scienific theory that states if something is broken, the best way to fix it is to kick it.

1 hour ago, nontabury said:

 

 Yet the chief currency buyer for Barclays,stated only last week,that in his opinion the £ is well undervalued, and he expects an increase of 10% in the new year.So who know which way the £ is going to go. Maybe it is those manipulators whose vested interest is in trying to scare the electorate. Companies like Unilever who have failed in their attempt to unjustifiably raise the prices of many of their products. 

  Unilever whose Dutch boss, on a yearly salary of 10 million £ 's, told his lower paid workforce in the run-up to the EU referendum,to reject Britex. Now I wonder why,could it be for the same reason that other international business men and Bankers and their corrupt political friends also wanted the UK to remain in the EU,and who are now attempting to reverse the democratic decision of the electorate through the courts.

  

 

 

..and by the same token, never let a Brexiteer will allow it either.

No-one in their right mind would suggest that the fall in the pound is anything else but the result of Brexit. THis is not in dispute.

however the Brexiteers rather than argue this point - which odf course they can't - resort to deriding those who continue to oppose Brexit.....

this just seems to sum up the irrationality of their gainsaying (it really doesn't qualify as a reasoned argument) ...

5 minutes ago, Khun Han said:

 

I'm getting a bit fed up with the type of post quoted above, so I'm going to be be a bit blunt: What type of intelligent person posts a link to an article that quotes unnamed sources whose political affiliations and motivations can't therefore be verified? Answer: Intelligent people don't post such idiotic links.

Paranioa - QED

"Project Fear"?

Brexiteers seem sensitive to the point of paranoia of criticism....

""The hyped-up Eurosceptics in the Conservative Party have never looked happier, men in their fifties, sixties and seventies, who declare that Britain’s departure from the EU will be “glorious.” But their extreme sensitivity to even the gentlest criticism of Brexit is not suggestive of confidence." - Jay Elwes, Propect Magazine

9 minutes ago, elliss said:

 

 No pain , no gain . Gulp .

Gain??? - just a restoration of the situation before Brexit would be OK - never mind about gain....

Uk (england) will be a smaller economy in the next few years and unless the banks start paying ridiculous interest rates that will result in a less valued pound - permanently.

1 hour ago, up-country_sinclair said:

I've been reading that many analysts think that the GBP could drop another 8% by year end.    Eventually there has to be a rebound, but another 8% is going to be painful for many Brits living abroad.

" Eventually there has to be a rebound" - really why?

Ever heard of the "dead cat bounce"?