Prepare yourselves for

[bobk]

That's not saying much. All options now are crap

There you go , answered you're own question .

 

[Billhook]

Success and GDP are not inextricably linked. For example 10% directly of our income is from the City of London (under threat) and another big chunk is North Sea oil (running out).

We've got very little in the way of natural resources, manufacturing is at an almost all time low (and most of what is left is owned by overseas companies, usually with huge tax breaks as it puts employment in place in areas that need it). Farming can't apparently survive without subsidies and we import a hell of a lot more than we export. Where is the wealth creation?

Not trying to cast a huge downer on all this, just really can't understand where all the optimism is coming from.

Where is all the optimism about remaining in the EU? Greece Portugal basket cases. Spain youth unemployment 50%, Italy just about to fall over a cliff. If we had voted to remain there would be no reason left to opt out of the Euro, a currency which is even despised by most europhiles.
We have mostly remainers running the talks now with a " I did not really want to be here but I suppose I shall have to do something" attitude. What kind of message does that send out?

Gerald Ratner managed to bring down his company with a few badly chosen words. Negativity can certainly be self fulfilling if that is what remainers want, just because they want to be able to say "I told you so"

If you really feel that you want to be run by unelected people who you cannot dismiss, I suppose you would have been quite happy to have just let Hitler in at the beginning the last war and saved all those hundreds of thousands of British lives. I am sure that the car industry here would be doing well by now.

It comes down to those who are motivated by money and those who are motivated by principal. Both my father and Grandfather were prepared to sacrifice their lives if necessary for our sovereignty and freedoms,
All most remainers seem to be worried about is losing a bit of money.

And there is at least hope outside the EU as opposed to no hope remaining under their governance. As for reversing Brexit and rejoining. That is the definition of cloud cuckoo land.

 

[Ashtree]

Where is all the optimism about remaining in the EU? Greece Portugal basket cases. Spain youth unemployment 50%, Italy just about to fall over a cliff. If we had voted to remain there would be no reason left to opt out of the Euro, a currency which is even despised by most europhiles.
We have mostly remainers running the talks now with a " I did not really want to be here but I suppose I shall have to do something" attitude. What kind of message does that send out?

Gerald Ratner managed to bring down his company with a few badly chosen words. Negativity can certainly be self fulfilling if that is what remainers want, just because they want to be able to say "I told you so"

If you really feel that you want to be run by unelected people who you cannot dismiss, I suppose you would have been quite happy to have just let Hitler in at the beginning the last war and saved all those hundreds of thousands of British lives. I am sure that the car industry here would be doing well by now.

It comes down to those who are motivated by money and those who are motivated by principal. Both my father and Grandfather were prepared to sacrifice their lives if necessary for our sovereignty and freedoms,
All most remainers seem to be worried about is losing a bit of money.

And there is at least hope outside the EU as opposed to no hope remaining under their governance. As for reversing Brexit and rejoining. That is the definition of cloud cuckoo land.

Just saying like http://mobile.reuters.com/article/amp/idUSKBN1DE17N

 

[Jackov Altraids]

Just saying like http://mobile.reuters.com/article/amp/idUSKBN1DE17N

"The stronger growth supports the European Central Bank's decision last month to start weaning the euro zone off ultra-loose money by saying that from January it will halve the amount of bonds it buys every month to 30 billion euros ($35.1 billion). It nevertheless promised years of stimulus and left the door open to backtracking."

So this massive success is after years of support to the tune of 60 billion euros a month.....

 

[Pieces_of_Eight]

where should my wealth be,?

Switzerland

 

[Billhook]

"The stronger growth supports the European Central Bank's decision last month to start weaning the euro zone off ultra-loose money by saying that from January it will halve the amount of bonds it buys every month to 30 billion euros ($35.1 billion). It nevertheless promised years of stimulus and left the door open to backtracking."

So this massive success is after years of support to the tune of 60 billion euros a month.....

Exactly Jackov, the whole thing is based on the QE and when it can no longer be sustained the truth of the financial state of countries like Italy will become apparent..

But the article which Ashtree gave us does show the power of positive talk, even if it is an illusion.

 

[Ashtree]

Exactly Jackov, the whole thing is based on the QE and when it can no longer be sustained the truth of the financial state of countries like Italy will become apparent..

But the article which Ashtree gave us does show the power of positive talk, even if it is an illusion.

BOE didn’t engage in QE then when the financial crisis emerged! Eh!!!!!!
Have you forgotten Northern Rock?
Which central bank was the first to roll out QE in the recent crisis?
Do you know how much troubled assets sit on the balance sheet of the BOE as a result of its QE program?

Bit of homework for you.

You should come up with figures like £375 billion new money printed. Yes, £375 billion.
Let’s not stop there though. BOE £60 to £100 billion government bonds purchased on top of the newly printed cash. That should be enough. Shouldn’t it!! But not at all. Further £10 plus billion of corporate bonds purchased to keep liquidity in Britain’s private sector!

The power of positive talk you mentioned is more than matched by the power of convenient loss of memory

 

[baabaa]

BOE didn’t engage in QE then when the financial crisis emerged! Eh!!!!!!
Have you forgotten Northern Rock?
Which central bank was the first to roll out QE in the recent crisis?
Do you know how much troubled assets sit on the balance sheet of the BOE as a result of its QE program?

Bit of homework for you.

You should come up with figures like £375 billion new money printed. Yes, £375 billion.
Let’s not stop there though. BOE £60 to £100 billion government bonds purchased on top of the newly printed cash. That should be enough. Shouldn’t it!! But not at all. Further £10 plus billion of corporate bonds purchased to keep liquidity in Britain’s private sector!

The power of positive talk you mentioned is more than matched by the power of convenient loss of memory

what a financial basket case,
would not want them in our precious eu would we?
oh wait
https://www.express.co.uk/news/world/880037/brexit-farming-agriculture-germany-funding-black-hole

oh just remembered believe its just 499 days to BREXIT

 

[Ashtree]

what a financial basket case,
would not want them in our precious eu would we?
oh wait
https://www.express.co.uk/news/world/880037/brexit-farming-agriculture-germany-funding-black-hole

oh just remembered believe its just 499 days to BREXIT

Moving onwards and upwards Despite Brexit, 'Ireland to reach full employment' https://www.rte.ie/news/business/2017/1116/920486-donohoe-on-employment/

How’s your unemployment ?
Oh, it’s better. Can’t get a seat on the Belfast to Dublin train with your lot coming down to work! Wonder will they have to go through passport control in 499 days time?
Oh, no they won’t I guess. All have nice shiny new Eire Passports.

 

[Henarar]

Many in the pub when you were there last night you two ?

 

[rob1]

Moving onwards and upwards Despite Brexit, 'Ireland to reach full employment' https://www.rte.ie/news/business/2017/1116/920486-donohoe-on-employment/

How’s your unemployment ?
Oh, it’s better. Can’t get a seat on the Belfast to Dublin train with your lot coming down to work! Wonder will they have to go through passport control in 499 days time?
Oh, no they won’t I guess. All have nice shiny new Eire Passports.

I'm sure all those dirty farm workers and abbatoir workers that will lose their jobs when you cant export food to us will love their new clean jobs in nice warm offices, hope they can all add up,

 

[baabaa]

who was hit hardest in the last crash?
http://www.irishexaminer.com/busine...nancial-crisis-ecb-report-reveals-360532.html
the self same will be hit the hardest with a real BREXIT,
feck must be hard work being an irish eu believer

 

[wanton dwarf]

BOE didn’t engage in QE then when the financial crisis emerged! Eh!!!!!!
Have you forgotten Northern Rock?
Which central bank was the first to roll out QE in the recent crisis?
Do you know how much troubled assets sit on the balance sheet of the BOE as a result of its QE program?

Bit of homework for you.

You should come up with figures like £375 billion new money printed. Yes, £375 billion.
Let’s not stop there though. BOE £60 to £100 billion government bonds purchased on top of the newly printed cash. That should be enough. Shouldn’t it!! But not at all. Further £10 plus billion of corporate bonds purchased to keep liquidity in Britain’s private sector!

The power of positive talk you mentioned is more than matched by the power of convenient loss of memory

Says the man from the basket case economy

Sure the UK has used Quantative Easing mostly on government debt ... makes interest free loans if you didn't know. Doesn't look inflationary to me, at least not so far. Same policy used in the USA & now the EU.

Looks to me as though the UK led it's way out of a hole created by idiots in the Financial industry & idiotic Left Wing nutters like Gordon "Bigot" Brown.

Have the Irish sorted out their FAKE property boom yet ?

 

[wanton dwarf]

Success and GDP are not inextricably linked. For example 10% directly of our income is from the City of London (under threat) and another big chunk is North Sea oil (running out).

We've got very little in the way of natural resources, manufacturing is at an almost all time low (and most of what is left is owned by overseas companies, usually with huge tax breaks as it puts employment in place in areas that need it). Farming can't apparently survive without subsidies and we import a hell of a lot more than we export. Where is the wealth creation?

Not trying to cast a huge downer on all this, just really can't understand where all the optimism is coming from.

10% of GDP is from the Financial Industry not the City of London - only 5% exists in LONDON not the City of London which is effectively the square mile. Most of that is dependant on finance derived & backed by tax payers - which is abundantly clear with the banking bailout.

The UK has had quite a lot of success in UK inventions, IT & manufacturing. The problem has always been a lack of talent in management & the City of London willing to capitalise on success

Classic example is the world leader in Mobile chip technology recently sold to a Japanese Bank .. note "world Leader" to the extenet Intel couldn't compete and the company dates back to the BBC micro computer some 40 years ago

UK investment & manufacture ZERO ... well done City of London for being a complete bunch of knob heads.

Tax breaks ? Investment banks in London haven't paid tax in years if not decades. Never mind the £400 billion bail out of the banking system.

We can survive quite easily if we aren't being run by a bunch of illicit criminals chasing a fast buck down London

The biggest "Natural Resource" is our language and from that our ingenuity ... like it or not English speakers dominate ALL business

 

[Ashtree]

Says the man from the basket case economy

Sure the UK has used Quantative Easing mostly on government debt ... makes interest free loans if you didn't know. Doesn't look inflationary to me, at least not so far. Same policy used in the USA & now the EU.

Looks to me as though the UK led it's way out of a hole created by idiots in the Financial industry & idiotic Left Wing nutters like Gordon "Bigot" Brown.

Have the Irish sorted out their FAKE property boom yet ?

UK QE is pioneering stuff. Leading the way. Showing how it should be done.
EU QE is funny accounting.
Rule 2.01. Section 5.25. Page 8 of the Brexit Bible. The disciples know this off by heart.
And they line up like lemmings to announce it on TFF. #outnow

 

[Ashtree]

Yawn, yawn, yawn ........ somebody please call me when there’s a movement on Brexit.

http://www.independent.co.uk/news/u...ckbenchers-u-turn-uk-leave-date-a8058471.html

 

[Ashtree]

10% of GDP is from the Financial Industry not the City of London - only 5% exists in LONDON not the City of London which is effectively the square mile. Most of that is dependant on finance derived & backed by tax payers - which is abundantly clear with the banking bailout.

The UK has had quite a lot of success in UK inventions, IT & manufacturing. The problem has always been a lack of talent in management & the City of London willing to capitalise on success

Classic example is the world leader in Mobile chip technology recently sold to a Japanese Bank .. note "world Leader" to the extenet Intel couldn't compete and the company dates back to the BBC micro computer some 40 years ago

UK investment & manufacture ZERO ... well done City of London for being a complete bunch of knob heads.

Tax breaks ? Investment banks in London haven't paid tax in years if not decades. Never mind the £400 billion bail out of the banking system.

We can survive quite easily if we aren't being run by a bunch of illicit criminals chasing a fast buck down London

The biggest "Natural Resource" is our language and from that our ingenuity ... like it or not English speakers dominate ALL business

When sadly IMHO ARM was sold to Softco, TM and BoJo both announced it was a good deal
They reckoned it proved UK would be a success in the global market outside EU
WTF

 

[Henarar]

When sadly IMHO ARM was sold to Softco, TM and BoJo both announced it was a good deal
They reckoned it proved UK would be a success in the global market outside EU
WTF

you will get a bald patch

 

[Ashtree]

you will get a bald patch

 

[rob1]

you will get a bald patch