May ready for tough talks over Brexit

[ilostmypassword]

29 minutes ago, jpinx said:

That's a very narrow view.  One has to remember that banking clients are free to go to whichever bank they want to use.  Passporting is an EU "regulation" -- an attempt by the eurocrats to gain control of financial trade within the EU - exactly why UK needs to leave the EU and retain it's financial sectors independence.

Is that why the financial sector is so thrilled with the withdrawal from the EU? Maybe that's the case in oppositeworld but in this one they're not happy about it at all.

[jpinx]

1 hour ago, ilostmypassword said:

Is that why the financial sector is so thrilled with the withdrawal from the EU? Maybe that's the case in oppositeworld but in this one they're not happy about it at all.

The financial world wants stability, once the playing field is marked out they will find their way around it very quickly and nothing much will change - as far as the man-in-the-street is concerned.  You have to remember that the people in the financial sector are employed based on their ability to get around the regulations.

 

Over the years there have been many crashes, currency devaluations, etc, etc,  and we're all still here.  The impact of Brexit on normal people will be a lot less than the abortive attempts at metrification, which failed miserably -- and decimalisation, which was just another way of devaluing the pound.  Needless to say, none of it hurt the government/state-officials salaries or pensions,  which is why it got implemented. 

[ilostmypassword]

11 minutes ago, jpinx said:

The financial world wants stability, once the playing field is marked out they will find their way around it very quickly and nothing much will change - as far as the man-in-the-street is concerned.  You have to remember that the people in the financial sector are employed based on their ability to get around the regulations.

 

Over the years there have been many crashes, currency devaluations, etc, etc,  and we're all still here.  The impact of Brexit on normal people will be a lot less than the abortive attempts at metrification, which failed miserably -- and decimalisation, which was just another way of devaluing the pound.  Needless to say, none of it hurt the government/state-officials salaries or pensions,  which is why it got implemented. 

Such nonsense. The EU can easily make sure that the City will be shut out of important markets. The City knows this.  And some houses are already making preliminary moves to relocate to the EU those parts of their operations that will be affected. The EU nations have too much incentive to shut the UK out. There are billions and billions of Euros at stake.

 

[SheungWan]

8 minutes ago, jpinx said:

The financial world wants stability, once the playing field is marked out they will find their way around it very quickly and nothing much will change - as far as the man-in-the-street is concerned.  You have to remember that the people in the financial sector are employed based on their ability to get around the regulations.

 

Over the years there have been many crashes, currency devaluations, etc, etc,  and we're all still here.  The impact of Brexit on normal people will be a lot less than the abortive attempts at metrification, which failed miserably -- and decimalisation, which was just another way of devaluing the pound.  Needless to say, none of it hurt the government/state-officials salaries or pensions,  which is why it got implemented. 

I have every confidence that soon after the UK leaves the EU, Theresa May will dump decimalisation and return us to the glory days of Pounds, Shillings and Pence and in addition restore Yards, Feet and Inches in place of metrification which has been core to the EUs evil plan to supplant centuries of British culture in favour of the German measurement system. Litres rather than gallons! Another perfidious assault. All must go!

[jpinx]

8 minutes ago, ilostmypassword said:

Such nonsense. The EU can easily make sure that the City will be shut out of important markets. The City knows this.  And some houses are already making preliminary moves to relocate to the EU those parts of their operations that will be affected. The EU nations have too much incentive to shut the UK out. There are billions and billions of Euros at stake.

 

.....and the rest of the "houses" are building like crazy all through the city, but at the same time wringing their hands and lamenting their possible downfall, so that their values will stay low until Brexit-Day when they will all make a killing -- again.   As I said before -- the guys who work in the city are employed for their abilities to get around these situations and come out on top.  You can be sure they won't be coming on this forum for advice

[Grouse]

12 minutes ago, SheungWan said:

I have every confidence that soon after the UK leaves the EU, Theresa May will dump decimalisation and return us to the glory days of Pounds, Shillings and Pence and in addition restore Yards, Feet and Inches in place of metrification which has been core to the EUs evil plan to supplant centuries of British culture in favour of the German measurement system. Litres rather than gallons! Another perfidious assault. All must go!

Yes indeed, I'm sure it's no coincidence that SI is at the core of ISIS!

[ilostmypassword]

16 minutes ago, jpinx said:

.....and the rest of the "houses" are building like crazy all through the city, but at the same time wringing their hands and lamenting their possible downfall, so that their values will stay low until Brexit-Day when they will all make a killing -- again.   As I said before -- the guys who work in the city are employed for their abilities to get around these situations and come out on top.  You can be sure they won't be coming on this forum for advice

They'll stay on top. They'll just be doing it in the EU. You think that these people are some sort of patriotic Britons? All the major financial houses with the exception of one are now American owned. Why would they scramble to antagonize the EU when they can make major Euros just by crossing a very narrow body of water?

[jpinx]

23 minutes ago, ilostmypassword said:

They'll stay on top. They'll just be doing it in the EU. You think that these people are some sort of patriotic Britons? All the major financial houses with the exception of one are now American owned. Why would they scramble to antagonize the EU when they can make major Euros just by crossing a very narrow body of water?

"Ownership" of a finance house is not the prize.  As far as the country hosting the city is concerned, the value is in the use of the currency, and the jobs, infrastructure and associated industries.   The euro is not accepted in the same way as USD or GBP.  It's the new kid on the block still and has a lot to prove.  Current trends cast more question marks at the euro than accolades.

 

 

[ilostmypassword]

19 minutes ago, jpinx said:

"Ownership" of a finance house is not the prize.  As far as the country hosting the city is concerned, the value is in the use of the currency, and the jobs, infrastructure and associated industries.   The euro is not accepted in the same way as USD or GBP.  It's the new kid on the block still and has a lot to prove.  Current trends cast more question marks at the euro than accolades.

 

 

What are you on about? This is about the right to participate fully in whatever financial houses can do in the EU. It's not about a particular currency. The EU's financial market are many times as big as that of the UK. And not that it's even relevant, but the status of the Euro as a reserve currency dwarfs that of the UK. 

What is it about some Brexiters. One says France was never great and another suffers from delusions about the international status of the GBP.

[nauseus]

3 minutes ago, ilostmypassword said:

What are you on about? This is about the right to participate fully in whatever financial houses can do in the EU. It's not about a particular currency. The EU's financial market are many times as big as that of the UK. And not that it's even relevant, but the status of the Euro as a reserve currency dwarfs that of the UK. 

What is it about some Brexiters. One says France was never great and another suffers from delusions about the international status of the GBP.

 

29 minutes ago, jpinx said:

"Ownership" of a finance house is not the prize.  As far as the country hosting the city is concerned, the value is in the use of the currency, and the jobs, infrastructure and associated industries.   The euro is not accepted in the same way as USD or GBP.  It's the new kid on the block still and has a lot to prove.  Current trends cast more question marks at the euro than accolades.

 

 

The American banks can afford and will access the best of both markets, however those evolve.

[ilostmypassword]

1 minute ago, nauseus said:

 

The American banks can afford and will access the best of both markets, however those evolve.

I agree.

[nauseus]

2 minutes ago, ilostmypassword said:

I agree.

Hallelujah! 

[ilostmypassword]

Just now, nauseus said:

Hallelujah! 

But if you mean that they'll be accessing the full EU market from the UK, that is extremely unlikely. They'll do whatever it takes including relocating. 

[nauseus]

10 minutes ago, ilostmypassword said:

But if you mean that they'll be accessing the full EU market from the UK, that is extremely unlikely. They'll do whatever it takes including relocating. 

Aw........you spoiled the moment!

[AlexRich]

6 hours ago, In the jungle said:

I can see May blowing this election.

 

She is utterly hopeless.

 

 

 

 

Quite. The point of the exercise was to generate as many votes as possible and obtain a stonking majority. So why get involved in vote losing policies like the "dementia tax" and "old folk's heating allowance"? Snatching defeat from the jaws of victory! She's a great deal less astute than she's been given credit for.

 

I still think the Conservatives will win but she won't get the backing she needs to steamroll a 'hard brexit' through the commons. 

 

 

[AlexRich]

2 hours ago, SheungWan said:

I have every confidence that soon after the UK leaves the EU, Theresa May will dump decimalisation and return us to the glory days of Pounds, Shillings and Pence and in addition restore Yards, Feet and Inches in place of metrification which has been core to the EUs evil plan to supplant centuries of British culture in favour of the German measurement system. Litres rather than gallons! Another perfidious assault. All must go!

 

She'll also bring back the cane and the strap in schools and re-introduce paedophilia into our Scouts, Girl Guides and Boys Brigades ... back to the good old days when a "nonce" could go about their business without fear of being outed by busy bodies! 

 

 

[nauseus]

1 hour ago, AlexRich said:

 

She'll also bring back the cane and the strap in schools and re-introduce paedophilia into our Scouts, Girl Guides and Boys Brigades ... back to the good old days when a "nonce" could go about their business without fear of being outed by busy bodies! 

 

 

 

 

Vote Labour  -  they know the score!!

[SheungWan]

42 minutes ago, nauseus said:

 

 

Vote Labour  -  they know the score!!

Great interview! The Free Lunch Party Leader!

 

[Flustered]

I genuinely feel sorry for Jeremy Corbyn and Diane Abbott.

 

They are doing the best they can and should be expected to be a bit confused at times. They are not "top drawer" politicians and have been thrust into the limelight through circumstance.

 

It's a shame, as Jeremy Corbyn is at least a Socialist which is more than Blair ever was. Blair was a Blair and nothing more. He had no party policies bar lining his own pocket and staying in power as long as he could.

 

With Jeremy Corbyn, it's a case of he is a wysiwyg. Plain and simple.

With Diane Abbott, it's the Last Chance Saloon before the HoL.

 

TM is the only one capable of taking us out of the EU.

[SheungWan]

4 hours ago, jpinx said:

"Ownership" of a finance house is not the prize.  As far as the country hosting the city is concerned, the value is in the use of the currency, and the jobs, infrastructure and associated industries.   The euro is not accepted in the same way as USD or GBP.  It's the new kid on the block still and has a lot to prove.  Current trends cast more question marks at the euro than accolades.

 

4 hours ago, ilostmypassword said:

What are you on about? This is about the right to participate fully in whatever financial houses can do in the EU. It's not about a particular currency. The EU's financial market are many times as big as that of the UK. And not that it's even relevant, but the status of the Euro as a reserve currency dwarfs that of the UK. 

What is it about some Brexiters. One says France was never great and another suffers from delusions about the international status of the GBP.

 

I am afraid that you are rather correct re Brexiteer laziness in checking their own assertions, but unfortunately that's how it is. However, it is worth initially saying that London is the world centre for Foreign Exchange. To what degree this will be affected by Brexit still remains to be seen. As for use of currencies GBP is neither second or third after USD. First is USD, second is EUR and third JPY. GBP is fourth most traded currency with 13%

Edited May 30, 2017 by SheungWan

[sandyf]

On 5/29/2017 at 11:02 PM, nauseus said:

No, read, I said that the cost is unknown. However, the amount of EU contributions is. Debt argument dead then? Good.

"The unknown cost of brexit" - only the mentally challenged would try and dispute that it exists and will not impact on the national debt.

 

The 'brexit bill' kicked off with the referendum itself ,followed by the court case against the government(cost unknown) and a new department for brexit(cost unknown).

And the talks with the EU haven't even started yet.

 

Before anyone tries to be clever, I fully accept that had things gone in a different direction it would not have been free and that we would have faced a 'remain bill' .

[sandyf]

19 hours ago, dick dasterdly said:

I'd agree - but we already know your view about the apocalyptic nature of brexit - and why you are therefore likely to prefer a minority government that may possibly result in non-brexit.

Nothing like a bit of exaggeration.  Just because I believe it is not in peoples best interest does not make it "apocalyptic".

There is no dispute that one cannot survive as a lone wolf, but with what kind of lifestyle. The indications are there and always have been that the UK will be worse off and living standards will deteriorate. This is collateral damage to those that see other priorities but it is a fact of life that independence and less immigration will not pay the bills.

There is also no dispute that things may eventually get better, but when?, certainly not in my lifetime, one generation? two? who knows if ever?

[RuamRudy]

10 hours ago, Flustered said:

I genuinely feel sorry for Jeremy Corbyn and Diane Abbott.

 

They are doing the best they can and should be expected to be a bit confused at times. They are not "top drawer" politicians and have been thrust into the limelight through circumstance.

 

TM is the only one capable of taking us out of the EU.

TM thinks that she is going to be able to provide a nourishing and healthy breakfast for every primary school child in the country for 6.8p a head. She actually came out and said that - one of the few things that the Tories have costed, and they make a complete mess of it.

 

Abbott is a joke, no doubt about it, and, from what I have seen of her, an unpleasant person elevated way beyond her capabilities but to suggest that TM, or even the current crop of Tory minister, is somehow the answer is, I fear, lining our country up for certain disappointment or worse.

[AlexRich]

Thank goodness we'll have that "imaginary" extra £350 million per week to spend on the NHS, it looks as if we might need it to fund the "health tourism" of the 190,000 UK expat pensioners who currently live abroad. 

 

 

http://www.bbc.com/news/health-40095822

[vogie]

36 minutes ago, RuamRudy said:

TM thinks that she is going to be able to provide a nourishing and healthy breakfast for every primary school child in the country for 6.8p a head. She actually came out and said that - one of the few things that the Tories have costed, and they make a complete mess of it.

 

Abbott is a joke, no doubt about it, and, from what I have seen of her, an unpleasant person elevated way beyond her capabilities but to suggest that TM, or even the current crop of Tory minister, is somehow the answer is, I fear, lining our country up for certain disappointment or worse.

Abbott is more than a joke, she and her crones are a totally embarressment to the Labour Party and the country. I can imagine Comrade Corbyn, Dianne Abbott (Labours answer to Carol Vorderman) and John Marxist McDonald turning up for talks with Juncker and Merkle, they would think the Crazy Gang had arrived.

If Labour gets in, I will join the SNP and poke my eyes out with red hot needles!

[AlexRich]

3 minutes ago, vogie said:

Abbott is more than a joke, she and her crones are a totally embarressment to the Labour Party and the country. I can imagine Comrade Corbyn, Dianne Abbott (Labours answer to Carol Vorderman) and John Marxist McDonald turning up for talks with Juncker and Merkle, they would think the Crazy Gang had arrived.

If Labour gets in, I will join the SNP and poke my eyes out with red hot needles!

 

The problem is that "control freak" May has led a complete and utter shambles of a campaign, to the extent that the momentum is with Corbyn and his merry band of lunatics. A hung parliament would come as no surprise the way May is conducting herself. 

[Basil B]

Shock Poll causes the pound to slide...

Quote

Sterling dips after poll suggests hung parliament

The value of the pound fell after the research was published at 22:00 BST

The value of the pound dropped after a projection suggested the Conservatives could fail to win an outright majority in the election on 8 June.

Previous opinion polls suggested Prime Minister Theresa May's party would increase their majority, which is currently 17 seats.

But the projection, published in the Times and based on YouGov research, suggests a possible hung parliament.

 

Seems to me there will be a parliament with very little change.

 

Big problem for May is she will probably have a small majority but just too many dissenters when it comes too major issues like Hard Brexit.

 

and she has only herself to blame, she said it was her decision (not the spotty faced kids with Atari's and calculators in a back office of Tory HQ) to call a snap election.

Edited May 31, 2017 by Basil B

[mommysboy]

http://www.telegraph.co.uk/news/2017/05/31/sterling-drops-poll-suggests-hung-parliament-election/

 

For me 'weak and wobbly' has treated the electorate as if it was still World War 1. 

 

But anyone with a reasonable education and some life experience can see the game the tories are playing.  They have been guilty of spreading uncertainty which is something the business community really hates, and that's hitting the economy.  Then there's the phoney war which is leaving the rest of the EU bemused.  Worst of all is the misling of the electorate over Brexit plans.

 

All in all, I think they are utterly out of touch with the electorate, and we see this time and again with the tories.

[Johnyo]

http://www.telegraph.co.uk/news/2017/05/31/sterling-drops-poll-suggests-hung-parliament-election/
 
For me 'weak and wobbly' has treated the electorate as if it was still World War 1. 
 
But anyone with a reasonable education and some life experience can see the game the tories are playing.  They have been guilty of spreading uncertainty which is something the business community really hates, and that's hitting the economy.  Then there's the phoney war which is leaving the rest of the EU bemused.  Worst of all is the misling of the electorate over Brexit plans.
 
All in all, I think they are utterly out of touch with the electorate, and we see this time and again with the tories.

Also TM personal attacks on JC are unbecoming of a PM.


Sent from my iPhone using Thailand Forum - Thaivisa mobile app

[beautifulthailand99]

3 hours ago, RuamRudy said:

TM thinks that she is going to be able to provide a nourishing and healthy breakfast for every primary school child in the country for 6.8p a head. She actually came out and said that - one of the few things that the Tories have costed, and they make a complete mess of it.

 

Abbott is a joke, no doubt about it, and, from what I have seen of her, an unpleasant person elevated way beyond her capabilities but to suggest that TM, or even the current crop of Tory minister, is somehow the answer is, I fear, lining our country up for certain disappointment or worse.

Similar to Thailand the future ain't looking good - we had a good run while it lasted (or at least I have). It's probably about (hopefully) the orderly management of decline rather than collapse and fall.