[Politics] Brexit

[The Clamp]

are you saying Brexit is not inevitable even though you said it will happen?

I just figured out what you remind me of. You are like a 5 year old who asks "why"? After every answer to the previous "why"?
You see yourself as some kind of internet hotshot lawyer shooting down people's arguments by needling away at their points but in fact you come across as a maladjusted toddler.
As I said , like an irritating toddler, you're best ignored.

 

[pastafarian]

I'm bored now, give me a shout when something happens.

tess has pledged the great repeal bill .....an end of EU supremacy law ....significant event

You back in?

 

[Westdene Seagull]

I think you're best ignored.

As I said , like an irritating toddler, you're best ignored.

And yet you seem incapable of doing so ..... who looks like a prat now Nibble ?

 

[pastafarian]

I just figured out what you remind me of. You are like a 5 year old who asks "why"? After every answer to the previous "why"?
You see yourself as some kind of internet hotshot lawyer shooting down people's arguments by needling away at their points but in fact you come across as a maladjusted toddler.
As I said , like an irritating toddler, you're best ignored.

you really dont have to be an internet hotshot lawyer to shoot down your lies, anyone can do it.
im sorry you feel i make you look stupid with your hypocritical posts

Am i on your ignore list now or is it more fake posturing?

 

[The Clamp]

And yet you seem incapable of doing so ..... who looks like a prat now Nibble ?

Oop, here she is. No doubt the rest if the Fairy Godfathers will be along soon. On that note I'll leave you gals to your knitting circle.
Get yourself outside, gonna be a sunny one in Sussex today, last we'll get for a while. Toodlepip AlfredMizen.

 

[pastafarian]

Oop, here she is. No doubt the rest if the Fairy Godfathers will be along soon. On that note I'll leave you gals to your knitting circle.
Get yourself outside, gonna be a sunny one in Sussex today, last we'll get for a while. Toodlepip AlfredMizen.

BINGO tastic
victim card played as a bonus when losing the argument

 

[Neville's Breakfast]

The value of sterling is as you say a factor of many things but it is a very good proxy for investors confidence on the UK. And its taken a battering. that doesnt mean things wont improve, we have to hope so for the prospects of our kids, but its a fairly damning indictment so far

It's a difficult one though isn't it. The optimum exchange rate is not the one that is as high as possible any more than it is as low as possible. For a few years now many countries have engaged in a kind of currency war of competitive devaluations to make their export endustries more competitive. To judge the U.K. by how strong is the currency is a little simplistic. A good example
is Japan where speculative flows have in the recent past made for a strong currency that is a reflection
of the interest rate differential and not the strength of the economy. It could be argued that low interest rates are a reflection of a weak economy but Japan has been caught in a deflationary trap of low interest rates and low growth and raising interest rates would not be deemed to help. It is rather perverse that hedge funds have been able to borrow money in Japan to invest elsewhere and by so doing pump up the exchange rate, but that is the reality of currency markets and illustrates the point that taking them as a vote on the health of the economy is not sufficient. These currency flows have hurt Japanese industry. Japan had to intervene to try to depreciate the currency... What would be interesting would be to determine the optimum exchange rate for our economy (versus our trading partners) as it stands. This is a movable feast but it is inaccurate to say that the exchange rate as it stood pre referendum is automatically the optimum rate.

 

[ManOfSussex]

View attachment 78378

 

[portslade seagull]

What about Apple building there headquarters at Battersea power station costing 9bn along with 1400 staff. That must stick in the throat of all the doomsayers. Great vote of confidence from the world's most profitable company

 

[El Presidente]

you're refering to Prof. Minford? while some reports use the term "eliminiation", he used the term "diminishing" arguing that cheaper imports and service sector increase will more than cover this (as they have for several dcades). theres a romanticism about manufacturing that ignore the realities of making commodity, basic products. cost of labour, environment protection, proximty to raw materials means its too expensive to keep alot of manufacturing in the developed world, while most of what remains is high value, high tech, low labour. despite this the manufacturing sector has grown at pace with the economy for 40 years, while the service sector and overall economy has grown more. thats why its not frightening.

so back to one Professors opinion, if we leave we can buy in goods and raw materials cheaper, selling into the internal market more product to make more revenue. the service sector will grow more, which as a larger proportion of the economy will lead to a larger net gain against the potential loses from EU exports. those exports are a half of a quarter of the economy, which will not disappear but be slightly reduced. if we lost 10% of trade with the EU that is ~1% total economy impacted, while we'll see that offset by lower import cost from non EU trade.

Patrick Minford is the ex head of my department. He is a nice guy but a complete LOON. He was an advisor to Thatcher and one of the architects of the poll tax, so his track record on economics isn't very good.

Back to the main subject, the vote was cast, I'm a firm remainer (but anti the Euro) but more than that I'm a democrat, and the vote should be binding and non-negotiable.

My main reservation is that the talent pool of those negotiating the exit route is pretty poor, and it's all our pensions, pay rises and job security on the line. I would like whoever is in charge of negotiations to be capable and able to see below the bumper sticker slogans that seem to pass for politics these days.

Who do we have in the engine room though? Liam Fox, disgraced former defence secretary and expenses thief, Ian Duncan Smith, the man who shut down remploy and was responsible for a massive overspend at the DWP? Boris Johnson, bumbling shagger? Michael Gove has stabbed everyone in the Tory party in the back, and is now trousering £250k a year from paymaster Rupert Murdoch for being a 'columnist and book reviewer'? David Davis is the only one that impresses me, but he's never run a goverrment department before, let alone one in the Macbethian chambers of our present government.



The longer it takes, the greater the uncertainty, which isn't good

 

[Blue Valkyrie]

Jesus wept.

How many Brexit threads do we need active ?

Time for a merge, or a subforum ?

 

[ManOfSussex]

Jesus wept.

How many Brexit threads do we need active ?

Time for a merge, or a subforum ?

Perhaps we should have a poll?

 

[Triggaaar]

Time for a merge, or a subforum ?

That suggestion will get lost here, you should probably make it in a new thread.

 

[studio150]

I cant keep up I thought there was one thread on this but seem to be separated ewhich is the main one

 

[pastafarian]

Who do we have in the engine room though? Liam Fox, disgraced former defence secretary and expenses thief, Ian Duncan Smith, the man who shut down remploy and was responsible for a massive overspend at the DWP? Boris Johnson, bumbling shagger? Michael Gove has stabbed everyone in the Tory party in the back, and is now trousering £250k a year from paymaster Rupert Murdoch for being a 'columnist and book reviewer'? David Davis is the only one that impresses me, but he's never run a goverrment department before, let alone one in the Macbethian chambers of our present government.

Not bothered about the engine room.The Captain of the ship seems in control and focused.

 

[studio150]

I cant keep up I thougjt there was one thread on this but seems to gave become separated. Which is the main one

 

[Green Cross Code Man]

Perhaps we should have a poll?

And a second one if we don't like the answer?

 

[pastafarian]

I cant keep up I thought there was one thread on this but seem to be separated ewhich is the main one

merging threads is a minefield for el pres

 

[pb21]

David Davis is the only one that impresses me, but he's never run a goverrment department before, let alone one in the Macbethian chambers of our present government.

Some mistake surely, you can't be impressed by Davis can you? After all this is someone who submitted his plan for a post EU future into a competition and got beaten by a 15 year old?!

 

[Green Cross Code Man]

still know it's going to be a disaster

No, no you don't 'know'. You think. There's a world of difference. Dangerous to get opinion and knowledge mixed up.