May ready for tough talks over Brexit

[Richard W]

On 01/09/2017 at 9:19 PM, Khun Han said:

The name 'Britain' or the name 'Great Britain'?.

The name 'Great Britain', of course.  Brittany and Britain are historically the same name, and are the same in French.

 

You can compare the contrast between the Greater Antilles and the Lesser Antilles,  or pairs of villages like Great Longstone and Little Longstone, Great Hucklow and Little Hucklow, and Great Snoring and Little Snoring.

[SheungWan]

6 hours ago, Khun Han said:

 

Nothing rear-view about it. You, of all people on here, will have long been aware of the fact and the reasons why.

I do not think Hard Brexit is baked into the price of sterling, nor possible future UK political instability. Inevitable? No. But some risk. Expats can make their own decisions whether to hedge against sterling if they have the option. The general message? Hard Brexit bad for sterling. Story not yet over.

[Naam]

3 minutes ago, Richard W said:

The name 'Great Britain', of course.  Brittany and Britain are historically the same name, and are the same in French.

i beg to differ as there is only one word for Great Britain in French and that's "Grand Bretagne". without the addition "Grand" it would mean France's north western part "Bretagne" which is one of the administrative regions.

[SheungWan]

7 hours ago, SheungWan said:

Hopefully this, hopefully that.

 

6 hours ago, nauseus said:

Well, it beats hopeless.

Not if its Brexiteer lipstick on a pig.

[Aforek]

9 minutes ago, Naam said:

i beg to differ as there is only one word for Great Britain in French and that's "Grand Bretagne". without the addition "Grand" it would mean France's north western part "Bretagne" which is one of the administrative regions.

Exact word is " la Bretagne " ( Brittany ) and "la Grande - Bretagne ", which is Britain 

[Richard W]

29 minutes ago, Naam said:

i beg to differ as there is only one word for Great Britain in French and that's "Grand Bretagne". without the addition "Grand" it would mean France's north western part "Bretagne" which is one of the administrative regions.

If you look at the French Wikipedia article on Julius Caesar, you'll see that he invaded 'Bretagne', referring to his landings in Britain.  And of course, the French do have another word for Great Britain - '(Perfide) Albion', often hypergallicised as 'Albion Perfide' in English.

[sandyf]

20 hours ago, RuamRudy said:

 

Is the FT also warped?

 

With regards your second point, the FT article makes the following observation:

 

"Between 2007 and 2015, the UK was the only big advanced economy in which wages contracted while the economy expanded. In most other countries, including France and Germany, both the economy and wages have grown."

 

I think it is fair to say that blaming the Poles for the current dire conditions that the working person in the UK endures is as weak an argument as it is a misnomer. The money Aaron Banks spent bolstering the Leave campaign was clearly well spent - he and his offspring will be coining it in for decades to come as they continue to exploit generations of Brits who are doomed to suffer the consequences of our generation's short sighted folly.

"short sighted folly" is very apt. Those that wish to rid the country of EU and foreign nationals really ought to reflect on the Chinese sparrow disaster.

 

"The birds’ problem was that sparrows are (spoiler: the plan failed) avid eaters of grain seeds – each bird consuming an average of 4.5kg of grain each year (source: China’s sparrow scientists). The maths was simple: kill 1m sparrows and save enough food to feed 60,000 humans."

 

"

It was a disaster. The voracious and rife insects’ feeding frenzy, widespread deforestation, and the misuse of poisons and pesticides all contributed to the Great Chinese Famine (1958-1961) in which an estimated 30 million people died of starvation.

And the birds waited."

http://flashbak.com/when-china-wiped-out-the-common-sparrow-and-slit-its-own-throat-1958-47517/

[pitrevie]

18 hours ago, Khun Han said:

 

Apart from Germany, which has a different type of economy to the UK (which enables it to gain hugely from being in the Euro), which other countries have had a mass influx of cheap labour from the EU?

"Apart from Germany, which has a different type of economy to the UK," classic your best so far. 

[pitrevie]

13 hours ago, Khun Han said:

 

Sterling had been overvalued for a few years prior to the brexit vote. It's around It's true value now.

The catalyst for the fall in the value of the pound was Brexit, that is indisputable and widely predicted by all those experts.

[nauseus]

3 hours ago, SheungWan said:

 

Not if its Brexiteer lipstick on a pig.

It's the EU that needs constant applications of make up.

[nauseus]

1 hour ago, pitrevie said:

The catalyst for the fall in the value of the pound was Brexit, that is indisputable and widely predicted by all those experts.

GBP EUR went from 1.42 to 1.25 in the 12 months before the referendum, when all those experts thought the UK would remain. 

[nauseus]

2 hours ago, sandyf said:

"short sighted folly" is very apt. Those that wish to rid the country of EU and foreign nationals really ought to reflect on the Chinese sparrow disaster.

 

"The birds’ problem was that sparrows are (spoiler: the plan failed) avid eaters of grain seeds – each bird consuming an average of 4.5kg of grain each year (source: China’s sparrow scientists). The maths was simple: kill 1m sparrows and save enough food to feed 60,000 humans."

 

"

It was a disaster. The voracious and rife insects’ feeding frenzy, widespread deforestation, and the misuse of poisons and pesticides all contributed to the Great Chinese Famine (1958-1961) in which an estimated 30 million people died of starvation.

And the birds waited."

http://flashbak.com/when-china-wiped-out-the-common-sparrow-and-slit-its-own-throat-1958-47517/

Lousy analogy. The sparrows were indigenous. 

[nauseus]

2 hours ago, pitrevie said:

"Apart from Germany, which has a different type of economy to the UK," classic your best so far. 

Ho ho ho, But you didn't answer the question did you? 

[SheungWan]

1 hour ago, nauseus said:

GBP EUR went from 1.42 to 1.25 in the 12 months before the referendum, when all those experts thought the UK would remain. 

Actually if you look back over the 12 months prior to the referendum sterling got up as far as 1.44. Only towards the end of November 2015 did the real risk of UK exiting the EU appear on the FX radar and there was a slide in sterling down to just under 1.24 early part of April 2016. At that point sterling recovered somewhat as confidence returned that Brexit would fail and went back up to 1.31, but at that figure there was still some reserve. Post-referendum we know what happened. Slid down to 1.11 and then made a small recovery to 1.18. However, not the end of the story. As the government's disarray and disorganisation has become worse, sterling has slid down past that 1.11 mark and stands below 1.10. Historic low. Almost amusing to read Brexiteers trying to argue that Sterling going south is nothing to do with them.

https://www.bloomberg.com/quote/GBPEUR:CUR

 

[nauseus]

1 hour ago, SheungWan said:

Actually if you look back over the 12 months prior to the referendum sterling got up as far as 1.44. Only towards the end of November 2015 did the real risk of UK exiting the EU appear on the FX radar and there was a slide in sterling down to just under 1.24 early part of April 2016. At that point sterling recovered somewhat as confidence returned that Brexit would fail and went back up to 1.31, but at that figure there was still some reserve. Post-referendum we know what happened. Slid down to 1.11 and then made a small recovery to 1.18. However, not the end of the story. As the government's disarray and disorganisation has become worse, sterling has slid down past that 1.11 mark and stands below 1.10. Historic low. Almost amusing to read Brexiteers trying to argue that Sterling going south is nothing to do with them.

https://www.bloomberg.com/quote/GBPEUR:CUR

 

Well obviously I did look, as the only thing we seem to agree on are the numbers. You are wrong about the historic low, which was 102, briefly, in December 2008 after the US crash. The Sterling/Euro rate will gradually reset higher, as the Euro finds that it can't handle it's current false high against the pound and the dollar but the timing will depend on how much more money printing Draghi goes for. 

[Khun Han]

6 hours ago, Richard W said:

The name 'Great Britain', of course.  Brittany and Britain are historically the same name, and are the same in French.

 

You can compare the contrast between the Greater Antilles and the Lesser Antilles,  or pairs of villages like Great Longstone and Little Longstone, Great Hucklow and Little Hucklow, and Great Snoring and Little Snoring.

 

http://projectbritain.com/britain/names.html

 

Anyway, my original point was that the word 'great' was not used in our country's name as some kind of superlative.

[pitrevie]

1 hour ago, SheungWan said:

Actually if you look back over the 12 months prior to the referendum sterling got up as far as 1.44. Only towards the end of November 2015 did the real risk of UK exiting the EU appear on the FX radar and there was a slide in sterling down to just under 1.24 early part of April 2016. At that point sterling recovered somewhat as confidence returned that Brexit would fail and went back up to 1.31, but at that figure there was still some reserve. Post-referendum we know what happened. Slid down to 1.11 and then made a small recovery to 1.18. However, not the end of the story. As the government's disarray and disorganisation has become worse, sterling has slid down past that 1.11 mark and stands below 1.10. Historic low. Almost amusing to read Brexiteers trying to argue that Sterling going south is nothing to do with them.

https://www.bloomberg.com/quote/GBPEUR:CUR

 

 

Pound tumbles to 30-year low as Britain votes Brexit

 

https://www.ft.com/content/8d8a100e-38c2-11e6-a780-b48ed7b6126f

 

Agreed some Brexiters have a sort of psychological disconnect.

[Naam]

5 hours ago, Richard W said:

If you look at the French Wikipedia article on Julius Caesar, you'll see that he invaded 'Bretagne', referring to his landings in Britain.  And of course, the French do have another word for Great Britain - '(Perfide) Albion', often hypergallicised as 'Albion Perfide' in English.

"das perfide Albion" is also used in German.

[nontabury]

1 hour ago, Naam said:

"das perfide Albion" is also used in German.

Would the word "Blighty" be acceptable to everyone?

[SheungWan]

2 hours ago, nauseus said:

Well obviously I did look, as the only thing we seem to agree on are the numbers. You are wrong about the historic low, which was 102, briefly, in December 2008 after the US crash. The Sterling/Euro rate will gradually reset higher, as the Euro finds that it can't handle it's current false high against the pound and the dollar but the timing will depend on how much more money printing Draghi goes for. 

Yes. I only referenced the last 5 years. For the next just 2 years I am reading a higher risk to sterling through the completion of the Brexit process and the stability of the current government.

[Jip99]

2 hours ago, pitrevie said:

 

Pound tumbles to 30-year low as Britain votes Brexit

 

https://www.ft.com/content/8d8a100e-38c2-11e6-a780-b48ed7b6126f

 

Agreed some Brexiters have a sort of psychological disconnect.

 

 

You seem to to have overlooked 2008/9...

 

 

..... but then you are Remoaners and selective with the truth.

[SheungWan]

1 minute ago, Jip99 said:

 

 

You seem to to have overlooked 2008/9...

 

 

..... but then you are Remoaners and selective with the truth.

Some of you guys remind me of the shopkeeper in the dead parrot sketch.

 

 

[Jip99]

3 minutes ago, SheungWan said:

Some of you guys remind me of the shopkeeper in the dead parrot sketch.

 

 

 

 

Time  for you look in the mirror me thinks...

[SheungWan]

Just now, Jip99 said:

 

 

Time me for you look in the mirror me thinks...

Dead parrot sentence.

[nauseus]

9 minutes ago, SheungWan said:

Yes. I only referenced the last 5 years. For the next just 2 years I am reading a higher risk to sterling through the completion of the Brexit process and the stability of the current government.

Right, a historic low but limited to the last 5 years then. Near-term risk to sterling is real but several triggers are cocked which might also cause the Euro to fall.  

[Laughing Gravy]

I think this article has a  lot of truth. Certainly some Posters here seem to be the stereo typical.

 

http://www.express.co.uk/comment/expresscomment/849129/brexit-european-union-remain-Britain-fail-Tim-Newark

[Laughing Gravy]

20 hours ago, Grouse said:

The Cathar Heretics' castles are in SE France. I plan to drive through the Cote d'Azure before catching the Eurostar direct to London.

 

An EU person is a European by definition ?

Well enjoy wherever you are going. I am surprised you want to go back to the UK with the majority being lesser people for voting to leave. What is it you call them Numptys? Quite rude really And people get upset at being called Snowflake.

 

 The EU (European Union) is not Europe just yet. Just look at the map.

[pitrevie]

20 minutes ago, Jip99 said:

 

 

You seem to to have overlooked 2008/9...

 

 

..... but then you are Remoaners and selective with the truth.

No problem this is the link to the $/£ rate covering the period 1976 to 2016

https://www.poundsterlinglive.com/bank-of-england-spot/historical-spot-exchange-rates/gbp/GBP-to-USD

2016 Pound tumbles to 30-year low as Britain votes Brexit correct.

[nauseus]

2 hours ago, pitrevie said:

 

Pound tumbles to 30-year low as Britain votes Brexit

 

https://www.ft.com/content/8d8a100e-38c2-11e6-a780-b48ed7b6126f

 

Agreed some Brexiters have a sort of psychological disconnect.

This posted FT article relates to GBP v USD, not v EUR which is what SW was quoting.

 

Then talks of disconnects! Duh! 

[SheungWan]

Just now, nauseus said:

Right, a historic low but limited to the last 5 years then. Near-term risk to sterling is real but several triggers are cocked which might also cause the Euro to fall.  

I should have said last 5 years not 'historic'. My error. Re risk, this is indeed so. Plus, the USD has some risks as well. It is not an easy decision for an expat what to do so the default for most is probably stand pat. My own opinion re GBPUSD is that unlike GBPEUR the rate looks high enough to buy into so there is a window of opportunity.