50 billion remain bonus...

I see the Lib Dems are claiming there is some kind of mythical 50 billion bonus for the UK staying fully within the UK. This is of course a figure based on (very optimistic) forecasts, a bit like say Sterling collapsing in the event of just a no vote.

Do people still believe this nonsense? Rat hair and maggots in the orange juice next....
 

arcobob

Member
Location
Norfolk
I see the Lib Dems are claiming there is some kind of mythical 50 billion bonus for the UK staying fully within the UK. This is of course a figure based on (very optimistic) forecasts, a bit like say Sterling collapsing in the event of just a no vote.

Do people still believe this nonsense? Rat hair and maggots in the orange juice next....
Swinson is a lightweight bimbo with no brains. She should dye her hair blond and people would begin to understand. She is another of a long line of party leaders, and all parties have them, who talk the talk and have no backbone.
 

Bald Rick

Moderator
Livestock Farmer
Location
Anglesey
I see the Lib Dems are claiming there is some kind of mythical 50 billion bonus for the UK staying fully within the UK. This is of course a figure based on (very optimistic) forecasts, a bit like say Sterling collapsing in the event of just a no vote.

Do people still believe this nonsense? Rat hair and maggots in the orange juice next....

Backed up by the right wing Institute of Fiscal Studies so has some gravitas behind it

Lib dems do pick some “interesting “ leaders though
 

Bald Rick

Moderator
Livestock Farmer
Location
Anglesey
Don`t they all :ROFLMAO:

Except the Loony Party who’s leader has remained unchallenged ever since he was elected and was recently responsible to claiming back from America the world record for the most people playing the Kazoo at anyone time. Now a proud 115.
Makes you glad to be a Brit
 

arcobob

Member
Location
Norfolk
Except the Loony Party who’s leader has remained unchallenged ever since he was elected and was recently responsible to claiming back from America the world record for the most people playing the Kazoo at anyone time. Now a proud 115.
Makes you glad to be a Brit
And their position on Brexit is?
 

silverfox

Member
Location
Shropshire
Swinson is a lightweight bimbo with no brains. She should dye her hair blond and people would begin to understand. She is another of a long line of party leaders, and all parties have them, who talk the talk and have no backbone.
That’s very blondist, if there is such a word. I’ll tell my mrs and she’ll have your guts for garters.
 

bobk

Member
Location
stafford
Swinson is a lightweight bimbo with no brains. She should dye her hair blond and people would begin to understand. She is another of a long line of party leaders, and all parties have them, who talk the talk and have no backbone.
Just let her keep talking ;)
 

stewart

Member
Horticulture
Location
Bay of Plenty NZ
I see the Lib Dems are claiming there is some kind of mythical 50 billion bonus for the UK staying fully within the UK. This is of course a figure based on (very optimistic) forecasts, a bit like say Sterling collapsing in the event of just a no vote.

Do people still believe this nonsense? Rat hair and maggots in the orange juice next....

It did.
 

rob1

Member
Location
wiltshire
Define collaspe, its higher now than for long periods after the euro was established, its down aboout 10% now and against lots of other currencies its about 15%. Have a look at this piece from that well known unbiased organisation. https://fullfact.org/economy/exchange-rates-and-imf/
They say the IMF said it was overvalued by between 5 and 20 % before the vote, so according to those experts its not undervalued now by much if at all
 


Only if you include overnight speculators in the calculations .. otherwise the £ didn't move much and over the year the £ had episodes where it was lower.

Of course the only reason the £ moved was currency speculators .. almost 4 years later the facts on the ground still do not justify any movement at all.
 

stewart

Member
Horticulture
Location
Bay of Plenty NZ
Define collaspe, its higher now than for long periods after the euro was established, its down aboout 10% now and against lots of other currencies its about 15%. Have a look at this piece from that well known unbiased organisation. https://fullfact.org/economy/exchange-rates-and-imf/
They say the IMF said it was overvalued by between 5 and 20 % before the vote, so according to those experts its not undervalued now by much if at all
Dropping 10c against the USD overnight. a further 10c over the next 6 months. The pundits do like to believe the pound is over valued, this is being ostrich like.
Any freely traded currency is worth what someone is willing to pay, speculators can influence this slightly although with a currency like the pound it is more difficult to move due to sheer volume.
The market is the market is the market. Or as Margaret Thatcher once said " Try to buck the market and it will buck you"
 
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CHAP Webinar - Innovative tools to overcome the challenges of Regen Ag

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Applying principles of regen ag can incur a range of on-farm challenges. Learn how innovative tools & machinery can help with these hurdles.

This event will be held online from 1pm to 2pm on Thursday 2nd December 2021 so please block it out in your diary.

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