Exfarmer
Member
- Location
- Bury St Edmunds
Too true, but that is what JRM and friends are doing.
BBC bias laid bare by Rob Liddle
- Thread starter An Gof
- Start date
wanton dwarf
Member
No they are running funds which obey rule and regulations.
What you are talking about is leveraged gambling of exchange rates where you put in £1000 which is inflated to something like a £1,000,000 but you are liabel for movements for both gains and losses.
You bet £1000 but could lose £50,000.
That's for Speculators not fund managers.
https://www.cityindex.co.uk/spread-betting/margin-and-leverage/
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Exfarmer
Member
- Location
- Bury St Edmunds
I think you will find all fund managers invest in a wide range of investments. Many investments include gamblimg to a greater or lesser degree. In fact recently many of the best investments have been heavily leveraged , as that is the only way to make a decent returnin todays world of cheap money.
wanton dwarf
Member
The USA stock exchange moved 100% over the last 10 years. Most of that movement during the early years after 2008. Another boost when Trump was elected.
10% on capital is a good business profit, probably higher than most of todays businesses.
The only people seeking higher returns are speculators. I'd be very happy to get 10% on my money.
Exfarmer
Member
- Location
- Bury St Edmunds
I would hope any good investment fund would beat a tracker!
- Location
- Ceredigion
They cant pass the buck that's why its better. Your talking direct to the boss
Rather than an unelected boss who's talking for 27 other countries
Do you think the prices we get for our milk, lamb, beef, pork and cereals will increase after Brexit, when all the big hitting Brexiteers promised cheaper food in the shops?.
Cowabunga
Member
- Location
- Ceredigion,Wales
Probably one of the very few things they haven't lied about.
Derek will never answer the question.
- Location
- Ceredigion
They have flown the nest tonight
down n'dirty
Member
- Location
- South Wales
If being in the EU has been such an economic advantage to the UK, why is this country indebted to the tune of 4.5 trillion?
Cowabunga
Member
- Location
- Ceredigion,Wales
He's in denial. Only with a soft Brexit or remain will we have a chance. In fact since 54% of our trade is done outside of the EU [which puts to bed the Brexit argument that we will at last be able to do deals with others outside the EU. We do already under deals negotiated by the EU], even with Mrs May's current proposed deal and certainly with a hard Brexit, all the trade and other deals we are part of due to being in the EU will be void. So we will start from the position of having NO trade deals or travel deals or any other deals of any kind whatsoever with anyone. The only deals that will stand without re-negotiating and starting from scratch will bet those with the EU under May's proposed deal. Even with this deal we would also not be party to EU future policy as we once were.
So major downsides to say the least from exiting in any way available to us compared to staying inside. Did Brexiters vote to ruin this Country in terms of economy, the existence of the UK, Irish trouble, poverty and unemployment, failed businesses? I'm sure they didn't, yet many still persist in spouting rubbish about some perceived benefit that they just can't articulate that takes priority over those downsides.
Nobody has actually answered my question asking for the upsides to Brexit other than by using meaningless platitudes and soundbites repeated from right wing American rubbish castigating so called "Liberals", which has a totally different meaning in America. Even that has passed them by.
Cowabunga
Member
- Location
- Ceredigion,Wales
Because the UK Governments have spent more than they have received in tax revenue.
Next question!
Not sure what part of South Wales you come from but it is an area that has received massive amounts of EU money, far and away above what you have contributed. Places like the Valleys have been transformed by EU money which would never have been spent by Westminster.
down n'dirty
Member
- Location
- South Wales
Nothing to do with the balance of payments deficit then?
- Location
- Ceredigion
They spent millions at Felinfach Creamery . Then cut it up for scrap, same a Whitland .
Cowabunga
Member
- Location
- Ceredigion,Wales
Yes, of course. How is Brexit going to improve that when we are moving away, possibly with no trade agreement with our biggest customer which tales 45% of our exports and simultaneously lose all the EU negotiated agreements with the 55% that is the rest of the world? It’s not the EU’s fault that successive UK governments have neglected UK industry and let foreigners, from America, India and virtually everywhere buy our industry and infrastructure from us. Most other EU countries would not allow that to happen to their strategically important industries. That’s not the EU’s fault, it started under Mrs Thatcher’s watch and has continued unabated under various UK governments.
So which part of booming South Wales that has received so much European investment are you from? Ebbw Vale or the Heads of the Valleys area which has been totally transformed in recent years? Cardiff, Newport, or the surrounding area? More towards the extremely prosperous Vale of Glamorgan?
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Cowabunga
Member
- Location
- Ceredigion,Wales
Who are "they"?
Felin Fach was only ever a balancing creamery of course. One which opened in May and made butter and skimmed milk powder for three or four months then shut again. Other industries have taken over the premises and have invested multiples more than the MMB ever did there. They have only recently spent obscene numbers of millions building a power station there and only a couple of years ago brought a massive powder drier into the local harbour to be transported and fitted where the old skim milk drier used to be.
So what point is it that you are trying to make, if indeed you have one?
Exfarmer
Member
- Location
- Bury St Edmunds
Actually the UK national debt is £1.8 trillion , largely due to poor economic handling by the last Labour government
Pheasant Surprise
Member
- Location
- Woodbridge, Suffolk
The brutal truth is that TFF can be a bit of an echo chamber.
Sure anyone can post, but the vast, vast majority of ALL content is from the top 100 or 200 posters. That’s not very representative
- Location
- Ceredigion
Exclusive: Survey reveals 58% of farmers back EU exit
It revealed that, among farmers, some 53% voted to leave the EU in the referendum of 23 June, 2016, while 45% opted to remain, with 2% not voting.
That answers one