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Extreme Brexit could be worse than financial crisis for UK: BoE

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2 minutes ago, sanemax said:

"Sterling will bounce back" , isnt  fact , its an opinion 

That is nothing.
At the very least, you should make the times in your statement validly verifiable:
- tomorrow the Sterling will bounce back.
- In 1 week (seven Days) the sterling will bounce back.
- At 31.12.2019 the Pound will stay higher, then today.

Make the Postings in Quality better.
And to write why something will happend.
 

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  • TopDeadSenter
    TopDeadSenter

    As a committed Brexiteer I take no notice of these ongoing and nonsensical threats from the establishment. Project Fear was a disaster and did not work, time to drop the negativity. To have our countr

  • welovesundaysatspace
    welovesundaysatspace

    Congrats, Brexiteers. Good job. Well done. 

  • It is interesting to note that the issue of a report by B of E on the results of stress tests on banks (good all round) was abruptly and inexplicably delayed yesterday.   Analysts suggest th

Posted Images

One of the interesting by-products of Sterling's drop is the fact that Brit owners of Thai property can afford to sell at a baht price loss and still remit more Sterling than they originally paid. In fact this applies to Brit holders of overseas assets not just in Thailand. The weird thing is that Hard Brexit will be good for overseas asset holders who plan to eventually return their assets to the UK. They might not be in a hurry right now, though market discount of Hard Brexit is still way below 50%.

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5 hours ago, melvinmelvin said:

don't make an issue of that

nobody is interested in that money any longer

 

39 b pound is small money in the UK and small money in the EU

 

events have overtaken interest in that sum long ago

 

now it just serves as a debate trigger

 

 

The total EU budget is around £128bn, and the UK net contributions is around £9bn. Without the annual UK contribution (post Brexit) I'd say that £39bn is pretty important to the EU. But we can agree to disagree! 

7 minutes ago, sanemax said:

"Sterling will bounce back" , isnt  fact , its an opinion 

It becomes fact when you have skin in the game.

1 hour ago, tomacht8 said:

Now draw a result.
Please interpret it!

Not sure what you mean. I just showed you how the THB has strengthened significantly since 2015, resulting in less baht for your pound (accepting that the Brexit vote also contributed). 

4 minutes ago, tomacht8 said:

That is nothing.
At the very least, you should make the times in your statement validly verifiable:
- tomorrow the Sterling will bounce back.
- In 1 week (seven Days) the sterling will bounce back.
- At 31.12.2019 the Pound will stay higher, then today.

Make the Postings in Quality better.
And to write why something will happend.
 

I was quoting Sheungwans post .

Try following the discussion 

2 hours ago, tomacht8 said:

From the referendum year 2016. It's clear.
What should I do with charts from the Greece Euro Crisis or the 30 Years War.
Historical charts are interesting for historians.
But the framework data is changing rapidly.
A three year period involving the considered Event makes sense.
That the pound stood much better when Nixon was discontinued; that is clear for me.
May you can do also post some Charts?
Do not be so lazy.

You said: Coincidentally, the depreciation of the British pound begins exactly with the Brexit issue.

 

False and too convenient. Don't be so lazy.

4 hours ago, SheungWan said:

One of the interesting by-products of Sterling's drop is the fact that Brit owners of Thai property can afford to sell at a baht price loss and still remit more Sterling than they originally paid. In fact this applies to Brit holders of overseas assets not just in Thailand. The weird thing is that Hard Brexit will be good for overseas asset holders who plan to eventually return their assets to the UK. They might not be in a hurry right now, though market discount of Hard Brexit is still way below 50%.

I find myself agreeing with you, how odd, but you are

quite right, Thai real estate has certainly been kind to

me, and that has been the case for many years.

Income in Thai baht in the easiest way to live here.

As for Porche prices may or might or maybe increasing,

I may be making an offer for that Allegro of yours.

 

Brexitism like most populist movements is fired by a perception of threats of others....usually foreigners or ethnic groups...obsessed with this paranoia, they are quite prepares to inflict self harm ...their leaders aren't, of course so naive.....

 

52666727_346046636012261_7886710968036622336_n.jpg

28 minutes ago, talahtnut said:

I find myself agreeing with you, how odd, but you are

quite right, Thai real estate has certainly been kind to

me, and that has been the case for many years.

Income in Thai baht in the easiest way to live here.

As for Porche prices may or might or maybe increasing,

I may be making an offer for that Allegro of yours.

The Allegro went years ago. No cars now.

Edited by SheungWan

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54 minutes ago, wilcopops said:

Brexitism like most populist movements is fired by a perception of threats of others....usually foreigners or ethnic groups...obsessed with this paranoia, they are quite prepares to inflict self harm ...their leaders aren't, of course so naive.....

 

52666727_346046636012261_7886710968036622336_n.jpg

Yes because their mum is German. Jeez what a pish poor argument to try and discredit the man.

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4 hours ago, Laughing Gravy said:

Yes because their mum is German. Jeez what a pish poor argument to try and discredit the man.

Try to feel a little bit sorry for wilcopops.

 

After all this is the best he can and of course it is not the truth anyway.

 

My son's Mum is Thai so he had a Thai passport. His Dad, (me), is a Brit, so he has dual nationality.

 

Do you think that wilcopops would have a problem with that?

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35 minutes ago, billd766 said:

Try to feel a little bit sorry for wilcopops.

 

After all this is the best he can and of course it is not the truth anyway.

 

My son's Mum is Thai so he had a Thai passport. His Dad, (me), is a Brit, so he has dual nationality.

 

Do you think that wilcopops would have a problem with that?

Several might choke on their cornflakes when they realise I'm able to apply for Irish citizenship via the ancestral route if I so choose ????

This sums up what they're up to & mirrors the daily activity seen on these boards:

 

Edited by evadgib

1 hour ago, billd766 said:

Try to feel a little bit sorry for wilcopops.

 

After all this is the best he can and of course it is not the truth anyway.

 

My son's Mum is Thai so he had a Thai passport. His Dad, (me), is a Brit, so he has dual nationality.

 

Do you think that wilcopops would have a problem with that?

Yes, I am in the same position, one son with dual passports.

Ideological problems mounting up for wilcopops' arguments.

 

1 hour ago, billd766 said:

Try to feel a little bit sorry for wilcopops.

 

After all this is the best he can and of course it is not the truth anyway.

 

My son's Mum is Thai so he had a Thai passport. His Dad, (me), is a Brit, so he has dual nationality.

 

Do you think that wilcopops would have a problem with that?

so you're happy to lose your freedom of movement?

12 minutes ago, talahtnut said:

Yes, I am in the same position, one son with dual passports.

Ideological problems mounting up for wilcopops' arguments.

 

t's about freedom of movement - I personally still have an Eu country's passport .....but several million people will not have that freedom...do you think that is OK?

1 hour ago, evadgib said:

Several might choke on their cornflakes when they realise I'm able to apply for Irish citizenship via the ancestral route if I so choose ????

This sums up what they're up to & mirrors the daily activity seen on these boards:

 

Sovereignty? what a joke! Anyone would think we were living in the 19th century........probably will be soon.

  • Popular Post
12 minutes ago, wilcopops said:

so you're happy to lose your freedom of movement?

Happy to lose the EU's version of freedom of movement. British passport holders have always been quite privileged to move about the planet. The only freedom of movement I miss now is due to ageing. 

 

 

17 hours ago, CG1 Blue said:

You could actually be right. Which is all the more reason why it was ridiculous to agree to pay £39bn to the EU without  a guaranteed trade deal. 

The 39bn have nothing to do with a trade deal. It’s an out-of-court settlement of outstanding financial obligations the UK has to settle those faster, easier, and for the UK cheaper  than going through the court. 

 

And why would anyone want to start discussing a trade deal while there are still pending obligations from the existing agreement, or doing a trade deal altogether with someone who has shown to being a not reliable partner who doesn’t respect his obligations?

 

That would be another classic shoot-yourself-in-the-foot Brexiteer move. I wouldn’t be surprised. 

17 hours ago, vogie said:

"We voted to leave, we didn't vote for a deal"

Yet still Brexiteers feel entitled to have a say in such. Did the referendum somehow create the expectation that parliament now must ask Brexiteers for everything? “We voted to leave, we didn’t vote for [that new highway|the legalization of marijuana|lower taxes for the poor]”

18 hours ago, Jack100 said:

Any new trade deals this week ?

That clock is ticking ....

Tick Tick

1 hour ago, wilcopops said:

t's about freedom of movement - I personally still have an Eu country's passport .....but several million people will not have that freedom...do you think that is OK?

'Freedom of Movement'  in the EU is a fundamental

cockup resulting in decline and rebellion.

EU countries considered to be at the heart of the EU’s

integration such as Belgium and Germany, also begun

to take measures against freedom of movement rules

with characteristics that were easy to be bent.

Belgium has expelled thousands of unemployed EU

citizens last year. In Germany, EU nationals have to

apply for a residence card if they wish to work.

This card can be withdrawn for various reasons, after

which the holder is required to leave Germany or be

forcibly expelled.

  • Popular Post
1 hour ago, wilcopops said:

t's about freedom of movement - I personally still have an Eu country's passport .....but several million people will not have that freedom...do you think that is OK?

Including the citizens of this so called Union, who will not be able to automatically gain entry to the U.K. 

This includes the hundreds of thousands, if not millions, who arrive in the U.K to undercut the wages and the future prospects of our own people. And shockingly as this may seem to the remoaners,once Brexit is achieved, the U.K can decide to prohibit entry to all the criminals and riff raf that are now allowed to enter, from the E.u.

Edited by nontabury

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37 minutes ago, welovesundaysatspace said:

The 39bn have nothing to do with a trade deal. It’s an out-of-court settlement of outstanding financial obligations the UK has to settle those faster, easier, and for the UK cheaper  than going through the court. 

 

And why would anyone want to start discussing a trade deal while there are still pending obligations from the existing agreement, or doing a trade deal altogether with someone who has shown to being a not reliable partner who doesn’t respect his obligations?

 

That would be another classic shoot-yourself-in-the-foot Brexiteer move. I wouldn’t be surprised. 

Can you please provide a break down of these so called obligations.

Perhaps backed up with figures from the E.u’s own auditors.

”oh” Waite a minute, of course you cannot, as the E.u’s audit has not been signed off for many,many years.

 

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37 minutes ago, welovesundaysatspace said:

Yet still Brexiteers feel entitled to have a say in such. Did the referendum somehow create the expectation that parliament now must ask Brexiteers for everything? “We voted to leave, we didn’t vote for [that new highway|the legalization of marijuana|lower taxes for the poor]”

No self-respecting Brexiteer is interesting in tinkering with the dog's breakfast of a non-deal cooked up by Remainer May and the EU mafia.

 

They just want OUT.

  • Popular Post
1 hour ago, welovesundaysatspace said:

Yet still Brexiteers feel entitled to have a say in such. Did the referendum somehow create the expectation that parliament now must ask Brexiteers for everything? “We voted to leave, we didn’t vote for [that new highway|the legalization of marijuana|lower taxes for the poor]”

And the moral of the story is:- if you don't want the opinion of the electorate, don't ask them, especially when accompanied with the rhetoric "when the British people speak, their voice will be respected, not ignored. This is a once in a generation referendum, if we vote to leave, we will leave!"

Cameron forgot to mention 'unless undemocratic remainers try to put a spanner in the works and are only worried about the lack of lettuce after March. 

 

32 minutes ago, nontabury said:

Can you please provide a break down of these so called obligations.

Perhaps backed up with figures from the E.u’s own auditors.

Clients here pay 28,000 THB for an hour of my work. You ok with that? 

 

32 minutes ago, nontabury said:

”oh” Waite a minute, of course you cannot, as the E.u’s audit has not been signed off for many,many years.

Like I said, you can let a court handle it if you feel you need the judgement of a neutral external party. 

7 minutes ago, vogie said:

And the moral of the story is:- if you don't want the opinion of the electorate, don't ask them, especially when accompanied with the rhetoric "when the British people speak, their voice will be respected, not ignored. This is a once in a generation referendum, if we vote to leave, we will leave!"

You were never asked to give your opinion about a deal. Only about to end EU membership or not. Yet still Brexiteers want to have a say in that as well, as if that one referendum would entitle them to have the final say on everything. 

 

So...

7 minutes ago, vogie said:

Cameron forgot to mention 'unless undemocratic remainers try to put a spanner in the works and are only worried about the lack of lettuce after March. 

 

...if anyone is “undemocratic” then it’s Brexiteers who cannot accept parliamentary representative democracy but want dictatorship by manipulated opinion polls instead. 

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5 minutes ago, welovesundaysatspace said:

Clients here pay 28,000 THB for an hour of my work. You ok with that? 

Why should anyone care & what difference does it make to the board?

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