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Post EU Referendum

Post EU Referendum

Old Jun 16th 2017, 1:26 pm
  #18871  
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Default Re: Post EU Referendum

Originally Posted by Cape Blue View Post
Venturing into uncharted territory is what made Britain great.
Some of the better planned ventures certainly helped. Though determining world trade or plundering raw materials and resources is no longer an option in making Britain 'great'.

Considering HMS Berxit will be leaving port on Monday, it's hardly reassuring to learn that Captain May and XO Hammond are talking different headings.
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Old Jun 16th 2017, 1:32 pm
  #18872  
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Default Re: Post EU Referendum

Originally Posted by amideislas View Post
Certainly a member of European Parliament would be far more knowledgeable than the isolated Brexit bunch who've so far exhibited precious little understanding of the EU, or what Brexit means.

Anyway, claiming the source is dubious just isn't a tangible argument. The populist movement behind Brexit is yesterday's news (as a matter of record), European economic growth is amongst the world's best (as a matter of record), and Britain's unfortunate choices have lead it (as a matter of record), and are leading it into at least a decade of political and economic turmoil, which, assuming Brexit actually happens, will ultimately lead to significant political and economic downsizing.

These are not secrets or some deluded interpretations. In fairness, yes, they are still being dismissed by those who'd wish it to be otherwise, but again, reality has a funny way of sorting things out. In Britain's case, it's already underway. It's a bit like denying climate change, as the temperature rises, ice caps melt, and sea levels rise... Climate change? Hooey!
I know all that, you keep saying. The EU is soaring to unprecedented heights and Britain is downsizing. High fives all round for you. Enjoy it. The European Spring starts NOW! A Member of the European Parliament has said so! They know best, they are far more knowledgeable than us, after all, it was they who voted in the Euro currency, wasn’t it?
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Old Jun 16th 2017, 1:32 pm
  #18873  
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Default Re: Post EU Referendum

Originally Posted by Cape Blue View Post
It's not embarrassing at all, unless you are a pro-EU zealot.

When you say "small group" you mean 52% of the UK voting public right?

Ah, the "gullible electorate" meme - if only they were as astute and intellectually robust as you they would have all voted remain eh?
I'd characterise it more objectively:

"It's not embarrassing at all, provided you are a devout brexiteer".

That is actually quite a bit more accurate, since largely, the only group on the planet that believes Brexit is a good thing are in Britain, and of those, only followers of the ideology behind it (or just those who believe the tabloids).

Wait, there's also the Putinists...
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Old Jun 16th 2017, 1:41 pm
  #18874  
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Default Re: Post EU Referendum

Originally Posted by iano View Post
Some of the better planned ventures certainly helped. Though determining world trade or plundering raw materials and resources is no longer an option in making Britain 'great'.

Considering HMS Berxit will be leaving port on Monday, it's hardly reassuring to learn that Captain May and XO Hammond are talking different headings.
HMS brexit, the comparison remiss me of the " Navy Lark " radio comedy.
The inept crew ( May and co ) who lurched from one disaster to another before ending up on the rocks.
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Old Jun 16th 2017, 1:42 pm
  #18875  
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Default Re: Post EU Referendum

Originally Posted by la mancha View Post
I know all that, you keep saying. The EU is soaring to unprecedented heights and Britain is downsizing. High fives all round for you. Enjoy it. The European Spring starts NOW! A Member of the European Parliament has said so! They know best, they are far more knowledgeable than us, after all, it was they who voted in the Euro currency, wasn’t it?
I don't know if the EU is "soaring" (sounds exaggerative to me), but the data clearly shows that for a couple of years now, it's consistently moving toward the upside, while Britain is headed downward. And by all accounts (pending what appears to be May's ultimate Brexit goals), the prevailing wisdom suggests only further divergence for some time to come.

As for your other rant, quite demonstrably, the EU unequivocally exhibits a far better grasp of what Brexit means than British leadership (and always has). Also a matter of record.

As for the Euro, its now the worlds 2nd strongest reserve currency. That's not a result of weakness or instability. Sterling, however, has become the world's most unstable currency since the referendum.

So, is it actually the euro zone that's strong and stable? - Reuters

Last edited by amideislas; Jun 16th 2017 at 3:24 pm.
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Old Jun 16th 2017, 4:30 pm
  #18876  
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Default Re: Post EU Referendum

https://getbritainout.org/why-the-uk-should-walk-away-from-the-single-market/

Link not working it seems.

Last edited by Dick Dasterdly; Jun 16th 2017 at 4:41 pm.
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Old Jun 16th 2017, 4:42 pm
  #18877  
 
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Default Re: Post EU Referendum

Originally Posted by Dick Dasterdly View Post

Link not working it seems.
We shall have to contain our disappointment then.
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Old Jun 16th 2017, 5:56 pm
  #18878  
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Default Re: Post EU Referendum

Originally Posted by amideislas View Post
I don't know if the EU is "soaring" (sounds exaggerative to me), but the data clearly shows that for a couple of years now, it's consistently moving toward the upside, while Britain is headed downward. And by all accounts (pending what appears to be May's ultimate Brexit goals), the prevailing wisdom suggests only further divergence for some time to come.

As for your other rant, quite demonstrably, the EU unequivocally exhibits a far better grasp of what Brexit means than British leadership (and always has). Also a matter of record.

As for the Euro, its now the worlds 2nd strongest reserve currency. That's not a result of weakness or instability. Sterling, however, has become the world's most unstable currency since the referendum.

So, is it actually the euro zone that's strong and stable? - Reuters
So the euro is a success? Tell me why the ECB has to print 80 billion a month to prop it up, and this will now be extended yet again until the end of 2017, if it is such a success?

From your link. ‘The deluge of cash poured into the euro zone economy in recent years by the European Central Bank appears to have finally resulted in solid - and more importantly, steady - economic growth, along with rising inflationary pressures.’

But there will be a payback time. What then? There are over a trillion in government bonds that the ECB has bought. So far. If this is strong and stable then God help us all.

From 2008 to 2016 sterling had increased slightly as a reserve currency. The dollar has stabilised. The euro had decreased by as much as 25% in this time and is in steady decline. Sterling has increased by roughly 75% since 2001. In fact the euro has gone back to what it was as a reserve currency in 2001. But this is all swings and roundabouts and figures.

The Eurozone strong and stable?

Last edited by la mancha; Jun 16th 2017 at 5:59 pm.
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Old Jun 16th 2017, 6:22 pm
  #18879  
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Default Re: Post EU Referendum

Originally Posted by amideislas View Post
I don't know if the EU is "soaring" (sounds exaggerative to me), but the data clearly shows that for a couple of years now, it's consistently moving toward the upside, while Britain is headed downward. And by all accounts (pending what appears to be May's ultimate Brexit goals), the prevailing wisdom suggests only further divergence for some time to come.

As for your other rant, quite demonstrably, the EU unequivocally exhibits a far better grasp of what Brexit means than British leadership (and always has). Also a matter of record.

As for the Euro, its now the worlds 2nd strongest reserve currency. That's not a result of weakness or instability. Sterling, however, has become the world's most unstable currency since the referendum.

So, is it actually the euro zone that's strong and stable? - Reuters
"Worlds most unstable currency" - do you have a link for that?

Prior to the referendum I used to think a lot of the UKIP/Brexit folk were indeed swivel-eyed-loons with strange beliefs that had no basis in reality. Since the referendum it seems to be the remainers that have taken the swivel-eyed-loon mantle and run with it.
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Old Jun 16th 2017, 7:18 pm
  #18880  
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Default Re: Post EU Referendum

Originally Posted by la mancha View Post
So the euro is a success? Tell me why the ECB has to print 80 billion a month to prop it up, and this will now be extended yet again until the end of 2017, if it is such a success?

From your link. ‘The deluge of cash poured into the euro zone economy in recent years by the European Central Bank appears to have finally resulted in solid - and more importantly, steady - economic growth, along with rising inflationary pressures.’

But there will be a payback time. What then? There are over a trillion in government bonds that the ECB has bought. So far. If this is strong and stable then God help us all.

From 2008 to 2016 sterling had increased slightly as a reserve currency. The dollar has stabilised. The euro had decreased by as much as 25% in this time and is in steady decline. Sterling has increased by roughly 75% since 2001. In fact the euro has gone back to what it was as a reserve currency in 2001. But this is all swings and roundabouts and figures.

The Eurozone strong and stable?
Well, it's not much different than this, which, until recently, has enabled the Brexiteers to claim none of the economic effects of Brexit (or "fearmongering") ever happened.

Bank of England unveils four-pronged stimulus package in bid to avoid Brexit recession

The difference, however, is that it's paying off in the eurozone. Obviously, it's no longer sufficient in Britain.
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Old Jun 16th 2017, 7:28 pm
  #18881  
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Default Re: Post EU Referendum

Originally Posted by Cape Blue View Post
"Worlds most unstable currency" - do you have a link for that?
Well, it's a well known fact in currency trading.

How many do you want? Here's a few samples.

Pound becomes worst-performing currency in the world
Last, behind 150 peers, including the Romanian Leu and Colombian Peso


Pound is officially the world’s worst currency


The pound is having a worse year than Argentina's peso


You can Google it yourself though. I'm not going to do your work for you.

Last edited by amideislas; Jun 16th 2017 at 7:30 pm.
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Old Jun 16th 2017, 10:07 pm
  #18882  
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Default Re: Post EU Referendum

Originally Posted by Cape Blue View Post
What's the problem with choosing the quality and quantity of migrants - most countries do it.
Where are you going to house them? In Wales!
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Old Jun 16th 2017, 10:10 pm
  #18883  
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Default Re: Post EU Referendum

Originally Posted by EMR View Post
HMS brexit, the comparison remiss me of the " Navy Lark " radio comedy.
The inept crew ( May and co ) who lurched from one disaster to another before ending up on the rocks.
'left hand down a bit' lol
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Old Jun 16th 2017, 10:12 pm
  #18884  
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Default Re: Post EU Referendum

Originally Posted by amideislas View Post
Well, it's a well known fact in currency trading.

How many do you want? Here's a few samples.

Pound becomes worst-performing currency in the world
Last, behind 150 peers, including the Romanian Leu and Colombian Peso


Pound is officially the world’s worst currency


The pound is having a worse year than Argentina's peso


You can Google it yourself though. I'm not going to do your work for you.
You said "Has become the worlds most unstable currency".

Your first links says "worst performing this month" - in the month of October 2016.

The second link says "worlds worst performing" - and was dated July last year, straight after the post-referendum drop.

The third one is dated the same as the second one (July last year) and measures the post-referendum drop.

None of them state it is the "worlds most unstable" currency.

None of them is talking about the current situation in mid-2017.

None of them also mentioned the IMF report only a few months before the referendum pointing-out the sterling was up to 20% overvalued against the $ and was harming the UK economy.

The trouble with the zealots on both sides is that they are blind to a normal perspective and common-sense.
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Old Jun 16th 2017, 10:13 pm
  #18885  
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Default Re: Post EU Referendum

Originally Posted by GeniB View Post
Where are you going to house them? In Wales!
The quantity might be quite low if we feel that housing cannot support high net migration.
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