Sterling on back foot due to growing concern about no-deal Brexit

[kingdong]

1 hour ago, Laughing Gravy said:

Just another note, the UK has guaranteed the rights of EU citizens in the UK but the EU will not reciprocate and guarantee the same. They would be called loan sharks in the UK law courts. When will people wake up and see what the EU is about. Sadly I don't hold my breath. They call sheep stupid. It is a disservice to sheep.

if the eu descriminates against uk citizens simply apply the same descrimination to their citizens in the uk 

[kingdong]

1 hour ago, Laughing Gravy said:

Just another note, the UK has guaranteed the rights of EU citizens in the UK but the EU will not reciprocate and guarantee the same. They would be called loan sharks in the UK law courts. When will people wake up and see what the EU is about. Sadly I don't hold my breath. They call sheep stupid. It is a disservice to sheep.

if the eu descriminates against uk citizens simply apply the same descrimination to their citizens in the uk 

[nauseus]

Should read Euro on the back foot but we never see stories about that. 

[bannork]

2 hours ago, Laughing Gravy said:

There was a referendum that shown the majority wanted to leave. Man up, accept it and stop peddling hearsay.

The facts. Barely more than a quarter of UK adults voted to leave the EU.

[nauseus]

11 minutes ago, bannork said:

The facts. Barely more than a quarter of UK adults voted to leave the EU.

The fact is that this beach ball is full of gas! 

[kingdong]

academic,if 12 million couldn,t be arsed to vote ---up to them,no good not voting then whingeing about the outcome.as for the 18 million not on the electoral role,i realised there was a problem with illeagal immigration but never realised the scale,all the more reason to get out and stop the "freedom of movement" scam.

[pegman]

How far will the £ drop? Will it be on par with the €, $ or ฿?

[nauseus]

18 minutes ago, pegman said:

How far will the £ drop? Will it be on par with the €, $ or ฿?

About another 5 inches then start a slow recovery.

[bannork]

1 hour ago, nauseus said:

The fact is that this beach ball is full of gas! 

in particular the part coloured yellow.

[nauseus]

2 hours ago, bannork said:

in particular the part coloured yellow.

Very droll. Where did the 18m come from?

[SheungWan]

So all in all it's not even as low as it was last week, a bit of a non event really.

Well that little recovery in Sterling didn't last long. So much for the Blonde Boris Bounce .

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[SheungWan]

Ah the Guardian. The only British newspaper with no bias to pro or remain Brexit.
 
Wait a minute, that paper is called the Beano.
 
The Guardian is heavily biased to Remain.

Thanks for that. I wouldn't have known. Now which comic is it that featured Lord Snooty?

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[Laughing Gravy]

6 hours ago, bannork said:

The facts. Barely more than a quarter of UK adults voted to leave the EU.

It was a binary vote. fact. Those that voted which is not compulsory, the majority voted leave. fact. What bit can't you understand. I guess you are one of those that just don't like the facts or accept a democratic referendum. After 3 years people are still going on about whether it is advisory, how many adults voted. You really are embarrassing yourself.

[SheungWan]

How far will the £ drop? Will it be on par with the €, $ or ฿?

Well if we take GBPTHB 40:1 as a base then every 4 point drop = 10% further down. The potential shambles resulting from a no-Deal Brexit can cause a lot of further damage to Sterling, but any positive outcome will result in a big Sterling bounce. So its up to you as they say...

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[sunnyboy2018]

On 7/23/2019 at 2:32 AM, mfd101 said:

I sympathize with the 'right-thinking majority' But unfortunately, quite a lot of them didn't vote in the referendum. So tough!

 

The xrate summary at the end of the article makes fascinating scanning. Note the baht in particular.

The baht is strong but nobody voted for military junta. Sterling will rocket when we have finally left the EU.  

[sunnyboy2018]

10 hours ago, kingdong said:

if the eu descriminates against uk citizens simply apply the same descrimination to their citizens in the uk 

But we are British and dont play that hate game which is why the world flocks to us for justice and equality and tolerance. The UK and USA are the destinations for people who want freedom and opportunity...no immigrants flock to Saudi or Kuwait or Ethiopia or Kuwait or Mexico.or Lithuania or Poland...or Russia..get real

[bannork]

3 hours ago, Laughing Gravy said:

It was a binary vote. fact. Those that voted which is not compulsory, the majority voted leave. fact. What bit can't you understand. I guess you are one of those that just don't like the facts or accept a democratic referendum. After 3 years people are still going on about whether it is advisory, how many adults voted. You really are embarrassing yourself.

Simply pointing out it's nonsense to claim the majority of the British people voted to leave the EU. 

[adammike]

2 minutes ago, bannork said:

Simply pointing out it's nonsense to claim the majority of the British people voted to leave the EU. 

You are banging your head against the wall trying to get through to the brexiteers the facts of the referendum.

It's 37% of the electorate voted leave.

Its 27% of the population voted leave.

 

[Laughing Gravy]

1 hour ago, bannork said:

Simply pointing out it's nonsense to claim the majority of the British people voted to leave the EU. 

Read it again the majority of people who could get off their backsides and vote in the referendum. The majority was for leave.

[vogie]

1 hour ago, adammike said:

You are banging your head against the wall trying to get through to the brexiteers the facts of the referendum.

It's 37% of the electorate voted leave.

Its 27% of the population voted leave.

 

So help me out here you have shown your figures for the leave vote, are the figures for the remain vote higher or lower, and remember you get nothing for a pair, not in this game.

[cleopatra2]

35 minutes ago, Laughing Gravy said:

Read it again the majority of people who could get off their backsides and vote in the referendum. The majority was for leave.

Whilst i agree with you on principle the people voted to leave.

I disagree that that all these be placed in the category of leave with no deal.

[Laughing Gravy]

24 minutes ago, cleopatra2 said:

Whilst i agree with you on principle the people voted to leave.

I disagree that that all these be placed in the category of leave with no deal.

If you can show me on the ballot paper where it said no deal anywhere then I might listen to you. But you know, like we all know, it doesn't. So leave or remain without any conditions means that. Constantly clutching to a flimsy argument may make you feel justified but for me, it is petty and becoming childish.

[cleopatra2]

1 minute ago, Laughing Gravy said:

If you can show me on the ballot paper where it said no deal anywhere then I might listen to you. But you know, like we all know, it doesn't. So leave or remain without any conditions means that. Constantly clutching to a flimsy argument may make you feel justified but for me, it is petty and becoming childish.

Putting aside the merits of both sides campaigns.

The fact remains the winning leave side did campaign  putting forward arguments and proposals to the electorate. At no point did they suggest leaving without a deal.

 

The response from the leave campaign when challenged about their propossls is to declare that they were just options that would be available.

 

If i was to be hypercritical and accepted the leave response then the whole leave campaign was based upon the options available. Thus leaving the EU was just an option if the leave campaign won

[BritManToo]

2 hours ago, bannork said:

Simply pointing out it's nonsense to claim the majority of the British people voted to leave the EU. 

If you add members of the electorate who don't vote to the losing side every time, nothing would ever be passed and there would be no point in having a democracy.

Only 20% of the electorate voted conservative in the last election, using your counting methods, we shouldn't have a government because 80% didn't vote for them.

[bannork]

2 hours ago, BritManToo said:

If you add members of the electorate who don't vote to the losing side every time, nothing would ever be passed and there would be no point in having a democracy.

Only 20% of the electorate voted conservative in the last election, using your counting methods, we shouldn't have a government because 80% didn't vote for them.

I take your point but elections are held every 5 years and often earlier, policies can easily be changed or reversed. This referendum was far more serious than one election with a result that has enormous repercussions and consequences for the UK. I believe the referendum should be held 3 times with 2 years between each vote so the public has greater awareness of the consequences. 

[BritManToo]

4 minutes ago, bannork said:

I take your point but elections are held every 5 years and often earlier, policies can easily be changed or reversed. This referendum was far more serious than one election with a result that has enormous repercussions and consequences for the UK. I believe the referendum should be held 3 times with 2 years between each vote so the public has greater awareness of the consequences. 

How many votes were the public given about joining?

And why do you think a decision about leaving is more important than a decision about joining?

Why didn't we get a vote at the start of WW2?

Same game, same countries, same players all wanting a socialist Euro state controlled by Germany.

[SheungWan]

How many votes were the public given about joining?
And why do you think a decision about leaving is more important than a decision about joining?
Why didn't we get a vote at the start of WW2?
Same game, same countries, same players all wanting a socialist Euro state controlled by Germany.

Oh hello! Its WW2 back again from the Hard Brexiteer team

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[SheungWan]

Whilst i agree with you on principle the people voted to leave.
I disagree that that all these be placed in the category of leave with no deal.

Its not rocket science, but the Hard Brexiteer spinning is a sight to behold.

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[SheungWan]

The baht is strong but nobody voted for military junta. Sterling will rocket when we have finally left the EU.  

Yeah right.

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[SheungWan]

If you can show me on the ballot paper where it said no deal anywhere then I might listen to you. But you know, like we all know, it doesn't. So leave or remain without any conditions means that. Constantly clutching to a flimsy argument may make you feel justified but for me, it is petty and becoming childish.

Exclusive no-deal not on ballot. Hard Brexiteer retrospective spinning notwithstanding.

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