FabSwingers.com > Forums > Politics > Talking ourselves into recession?

Talking ourselves into recession?

By (user no longer on site) OP over a year ago

With all the hysteria, doom and gloom merchants everywhere with sandwich boards.. Are we going to end up in a recession because we expect one? A kind of 'i told you so' or even want a one to prove a point?

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By (user no longer on site) over a year ago

Fiscal cycles tend to be around 10 yrs ish.

I feel we are due a dip looking at house prices as they are now above the peak in 2008.

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By *oo hotCouple over a year ago

North West

"With all the hysteria, doom and gloom merchants everywhere with sandwich boards.. Are we going to end up in a recession because we expect one? A kind of 'i told you so' or even want a one to prove a point? "

EU funding into areas and projects that were never previously supported by UK Govts will stop. This is will cause a brain drain in the field of scientific research, particularly with the loss of £13 billion a year! The U.K. Will also not be as attractive to multi-nationals who saw the UK as a safe haven providing single market access. All political parties other than the supporters of The two Brexit conservatives agreed with Mark Carney stimulus package last week and agreed with George Osborne abandoning the pledge to balance the budget by 2020.

There is no dispute that the loss of EU funding for ill affect jobs and if the UK were to leave the single market jobs will be lost and inward investment for that motivation will end. It is inceivable that the economy will not shrink and that unemployment will not rise.

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By (user no longer on site) over a year ago

Act as though in a recession and one will happen. Ignore all the media hype and bullshit, live life as normal and you may just be surprised everything isn't as bad as you are being led to believe.

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By *horehouseCouple over a year ago

dissatisfied

"Act as though in a recession and one will happen. Ignore all the media hype and bullshit, live life as normal and you may just be surprised everything isn't as bad as you are being led to believe."

We will ignore you're bullshit then and see how it all pans out .

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By (user no longer on site) over a year ago

I don't people do it to prove a point anyway. If there is talk of recession it will obviously also help drive a recession but you can't blame people for that. People are going to be worried about their financial futures with all the uncertainty about the what will happen so I'd fully expect people to plan accordingly. to start saving money and to cut back on excessive luxuries or major planned spending.

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By (user no longer on site) over a year ago

"Act as though in a recession and one will happen. Ignore all the media hype and bullshit, live life as normal and you may just be surprised everything isn't as bad as you are being led to believe.

We will ignore you're bullshit then and see how it all pans out ."

Oooooh, someones got a new handbag

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By *horehouseCouple over a year ago

dissatisfied

"Act as though in a recession and one will happen. Ignore all the media hype and bullshit, live life as normal and you may just be surprised everything isn't as bad as you are being led to believe.

We will ignore you're bullshit then and see how it all pans out .

Oooooh, someones got a new handbag

Have you. Did you enjoy shopping for it ..must have taken your mind of spouting crap on here ..hope you didn't pay full price for it ..

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By (user no longer on site) over a year ago

"Act as though in a recession and one will happen. Ignore all the media hype and bullshit, live life as normal and you may just be surprised everything isn't as bad as you are being led to believe.

We will ignore you're bullshit then and see how it all pans out .

Oooooh, someones got a new handbag

Have you. Did you enjoy shopping for it ..must have taken your mind of spouting crap on here ..hope you didn't pay full price for it .."

You need to watch Frozen

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By (user no longer on site) over a year ago

"Act as though in a recession and one will happen. Ignore all the media hype and bullshit, live life as normal and you may just be surprised everything isn't as bad as you are being led to believe.

We will ignore you're bullshit then and see how it all pans out ."

As you said elsewhere "If you don't like other people's opinions the door is over there. Bon Voyage"

Where was the bullshit in that statement? It is perfectly sound to say if everyone stops spending because of the scare stories it will likely cause a recession ...

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By *horehouseCouple over a year ago

dissatisfied

"Act as though in a recession and one will happen. Ignore all the media hype and bullshit, live life as normal and you may just be surprised everything isn't as bad as you are being led to believe.

We will ignore you're bullshit then and see how it all pans out .

As you said elsewhere "If you don't like other people's opinions the door is over there. Bon Voyage"

Where was the bullshit in that statement? It is perfectly sound to say if everyone stops spending because of the scare stories it will likely cause a recession ..."

So being informed your company may relocate overseas is a scare story ? .being prudent with personal or business finances is the sound option during uncertain times trying to persuade people to spend during such uncertain times is rash to say the least if not dam irresponsible ..

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By (user no longer on site) over a year ago

I an employed in the financial sector and a director of the company i work for ...a usually bullish man....described the result as "financial vandalism"... and recession is inevitable due to our changing economy over the next few years....the next two years are the time to sort out your finances, if your over 50....

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By *LCCCouple over a year ago

Cambridge

"I an employed in the financial sector and a director of the company i work for ...a usually bullish man....described the result as "financial vandalism"... and recession is inevitable due to our changing economy over the next few years....the next two years are the time to sort out your finances, if your over 50....

But didn’t most over 50s vote for Brexit? This is what they wanted, right?

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By (user no longer on site) over a year ago

" EU funding into areas and projects that were never previously supported by UK Govts will stop."

Will it? Have you any proof? We may well choose to invest more money into scientific research given its what we do better than anyone else. And just because the EU does something it doesn't mean it is in our interests.

" This is will cause a brain drain in the field of scientific research, particularly with the loss of £13 billion a year!"

Why? How many 'brains' are employed solely because of EU money (which of course is actually UK money don't forget) and how many will leave because priorities in research are changed and funded directly by UK money rather than recycled UK money? I also think you have your money mixed up. £13 Bn a year is the cash we give to the Eu post rebate. Some £4.5 Bn of that is recycled into the UK on EU projects. Not all of which are scientific by the way.

" The U.K. Will also not be as attractive to multi-nationals who saw the UK as a safe haven providing single market access."

Any proof? People invest in the Uk for far more reasons than because we are in the EU. And do please stop banging on about the 'Single Market'. For a country only exporting to the EU it may be fine but countries like the UK who actually export more to the rest of teh world being in the EU has been a weight we drag around because of all the extra Duties and Tariffs we have to charge being in the EU. We are now free of all that and have the choice to agree lower and more flexible rates with trading partners. THAT alone will make us more interesting to foreign investors. And given the huge deficit we ran with the EU all that foreign investment you say will leave solely because we are in the EU didn't seem to work too well did it?

" All political parties other than the supporters of The two Brexit conservatives agreed with Mark Carney stimulus package last week and agreed with George Osborne abandoning the pledge to balance the budget by 2020."

There are three Brexit contenders for the Tory Leadership and I have not heard any dissension from Carney's speech. Any proof? And Carney hasn't had to invoke any stimulus package yet. He just said he was ready to. Osborne said the same thing on Monday and then reverted to type and made the complete opposite statement on Tuesday. As for 2020 well maybe wait for the Autumn Statement by the new Chancellor....

" There is no dispute that the loss of EU funding for ill affect jobs and if the UK were to leave the single market jobs will be lost and inward investment for that motivation will end. It is inceivable that the economy will not shrink and that unemployment will not rise."

Blimey with your crystal ball can you give me the winner for the 3.30 at Ascot?

There is every dispute about your statement about 'EU investment' because it is UK money recycled and we will now decide our priorities. And no one has said anything about closing factories or moving bases etc. Indeed Siemens said the complete opposite as have Airbus, Nissan and Toyota. Do not confuse someone saying 'we must assess future investment on the facts then' with 'we are leaving Britain'. Airbus made it clear they 'are going nowhere' but may choose to invest further in the USA and China where, as it happens, they have Final Assembly Plants. We don't. Yet.

And do please give us some proof our economy will shrink just because we have left the EU and therefore unemployment will rise. It seems the UK economy is doing rather well. quote: "UK factories report pick-up in activity in June" and this was in the month we had the Referendum:

http://www.bbc.co.uk/news/business-36681635

Maybe some migrants will choose to leave the UK and return home but how leaving the EU will affect core UK workers is just unknown. I could say 'because we have left the EU jobs will flourish' and I would be as wrong as (IMHO) I think you are.

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By *LCCCouple over a year ago

Cambridge

Brexit is a HUGE change to our economic, political and constitutional landscape. The biggest in perhaps more than centuries (if it leads to the break up of the UK).

To suggest that it is talking about a potential recession, rather than accepting that it is Brexit itself that might cause the recession seems to me to be naivety in the extreme.

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By (user no longer on site) over a year ago

As you live in Scotland I would be more worried about Nicola Sturgeon having her hand in your pockets than some over pessimistic manager who clearly voted Remain.

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By *horehouseCouple over a year ago

dissatisfied

Sound advice ..

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By (user no longer on site) over a year ago

"Brexit is a HUGE change to our economic, political and constitutional landscape. The biggest in perhaps more than centuries (if it leads to the break up of the UK).

To suggest that it is talking about a potential recession, rather than accepting that it is Brexit itself that might cause the recession seems to me to be naivety in the extreme."

with respect that isn't what was actually said. As I read it the point being made was you can talk yourself into not spending and this will cause a recession. An economic fact. Now whether Brexit and how governments handle it will cause one as well we do not know. Another economic fact.

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By *horehouseCouple over a year ago

dissatisfied

"Brexit is a HUGE change to our economic, political and constitutional landscape. The biggest in perhaps more than centuries (if it leads to the break up of the UK).

To suggest that it is talking about a potential recession, rather than accepting that it is Brexit itself that might cause the recession seems to me to be naivety in the extreme."

Unfortunately the brexit campaign was full of and still is full of naivety

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By *LCCCouple over a year ago

Cambridge

"Brexit is a HUGE change to our economic, political and constitutional landscape. The biggest in perhaps more than centuries (if it leads to the break up of the UK).

To suggest that it is talking about a potential recession, rather than accepting that it is Brexit itself that might cause the recession seems to me to be naivety in the extreme.

A recession isn't caused or avoided by me buying a Mars bar or not, it's decided buy bankers who earn bonuses many many times my annual salary deciding if they are going to buy tens of millions of pounds in this stock or that one.

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By (user no longer on site) over a year ago

As a leave voter I fully understood the economic weather would be unsettled possibly unpleasant for a while post Brexit. However once negotiations start and all of the current hot air has blown itself out things will look better

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By *LCCCouple over a year ago

Cambridge

"As a leave voter I fully understood the economic weather would be unsettled possibly unpleasant for a while post Brexit. However once negotiations start and all of the current hot air has blown itself out things will look better"

Do you realise that trade negotiations with the EU wont start until two years after article 50 has been triggered and the European commission think it will take about 7 years to negotiate and a further 2 years to ratify. So that is about 11+ years until we have a trade deal with our biggest trading partner.

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By (user no longer on site) over a year ago

So you think all trade just stops without a deal?

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By *LCCCouple over a year ago

Cambridge

So you think all trade just stops without a deal?"

I think until its ratified our economic position with the EU is unsettled and uncertain. Uncertainty is bad for business, which is bad for our economy which effects what we pay our teachers, what kind of body armour our troops can afford, what our tax credit rates our, how much we spend on international development, how much state pension we give, etc etc.

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By (user no longer on site) over a year ago

So you think all trade just stops without a deal?

Similarly the German motor trade will be in chaos, the French farming sector will melt down and the EU gravy train will need to resort to oxo for its passengers!

Trade will continue as it somewhat incredibly does outside of the EU!

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By *horehouseCouple over a year ago

dissatisfied

So you think all trade just stops without a deal?

Similarly the German motor trade will be in chaos, the French farming sector will melt down and the EU gravy train will need to resort to oxo for its passengers!

Trade will continue as it somewhat incredibly does outside of the EU!"

Of course it will just on a smaller scale ..french farmers will keep farming ..the world will keep buying German motor cars ..and you can all wave the EU express goodbye as it leaves without you ..

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By (user no longer on site) over a year ago

So you think all trade just stops without a deal?

Similarly the German motor trade will be in chaos, the French farming sector will melt down and the EU gravy train will need to resort to oxo for its passengers!

Trade will continue as it somewhat incredibly does outside of the EU!

Of course it will just on a smaller scale ..french farmers will keep farming ..the world will keep buying German motor cars ..and you can all wave the EU express goodbye as it leaves without you .. "

Yep that's what we voted for!

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By (user no longer on site) over a year ago

George just announced plans to cut corporation tax to 15% without specifying a date for it.

Good politics

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By (user no longer on site) OP over a year ago

"Brexit is a HUGE change to our economic, political and constitutional landscape. The biggest in perhaps more than centuries (if it leads to the break up of the UK).

To suggest that it is talking about a potential recession, rather than accepting that it is Brexit itself that might cause the recession seems to me to be naivety in the extreme."
if enough people act like theres going to be a recession i think there will be a self inflicted one, brought about by their actions

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By *LCCCouple over a year ago

Cambridge

"Brexit is a HUGE change to our economic, political and constitutional landscape. The biggest in perhaps more than centuries (if it leads to the break up of the UK).

To suggest that it is talking about a potential recession, rather than accepting that it is Brexit itself that might cause the recession seems to me to be naivety in the extreme. if enough people act like theres going to be a recession i think there will be a self inflicted one, brought about by their actions"

I think I am going to trust the Bank of England, IMF, WTO, 9 out of 10 UK economists and at least 3 Nobel Prize winning economists and blame Brexit for a recession.

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By (user no longer on site) over a year ago

"Brexit is a HUGE change to our economic, political and constitutional landscape. The biggest in perhaps more than centuries (if it leads to the break up of the UK).

I think I am going to trust the Bank of England, IMF, WTO, 9 out of 10 UK economists and at least 3 Nobel Prize winning economists and blame Brexit for a recession."

Yes Brexit is a huge step for the UK. But nothing to be afraid of. As president Roosevelt observed:

"The only thing we have to fear is fear itself"

And it most certainly will not lead to the break up of the UK. The Scots are far too canny to allow the SNP to cast them adrift from the UK (and no chance of joining the Eu in years) with no currency or bank and a falling asset called oil.

Well it wasn't 9 out of 10 economists. It was 9 out of 10 economists who bothered to reply to a questionnaire. 6,000+ were asked. About 650 replied and some 560 who said we should 'Remain'. So the true number is about 1% of economists who said ......

The Bank of England does as its owners (the Government) tells it to do in matters of Government policy. To do otherwise would cause a run on the Pound Sterling as it is the Bank of Settlement and Last Resort. The only independence the Bank has is in setting interest rates.

The only independent and trusted forecaster in public matters today is the Office of Budget Responsibility. And it is very significant they never once made any comment on the statements by the Government. Indicating the Government never trusted their figures and forecasts to scrutiny.

Mervyn King the most recent Governor of the Bank of England was actually for Brexit and very critical of the 'Remain' statements and forecasts.

The IMF are majorly funded by the EU, sit at the central table with those making policy for the Euro and therefore are hardly 'independent'.

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By *horehouseCouple over a year ago

dissatisfied

"Brexit is a HUGE change to our economic, political and constitutional landscape. The biggest in perhaps more than centuries (if it leads to the break up of the UK).

I think I am going to trust the Bank of England, IMF, WTO, 9 out of 10 UK economists and at least 3 Nobel Prize winning economists and blame Brexit for a recession."

think i will put my trust in the BOE as well as mark carney ..ex boe staff arnt there for a reason so no trust in them and a good motto when going blindly into the unknown expect the worst .Don't see many economists predicting boom time as a result of brexit only the blind in denial about the outcome ..

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By *oodmessMan over a year ago

yumsville

So you think all trade just stops without a deal?

Not least we will be needing to negotiate these highly complex trade deals with upward of 50 countries at the same time. Whilst these same countries can continue trading with other unchanged as normal, having to only focus their negotiations with one (the UK).

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By *iss_tressWoman over a year ago

London

"Act as though in a recession and one will happen. Ignore all the media hype and bullshit, live life as normal and you may just be surprised everything isn't as bad as you are being led to believe.

We will ignore you're bullshit then and see how it all pans out .

As you said elsewhere "If you don't like other people's opinions the door is over there. Bon Voyage"

Where was the bullshit in that statement? It is perfectly sound to say if everyone stops spending because of the scare stories it will likely cause a recession ..."

Sorry. I retire in five months. I don't get my state pension for another 11 years. I had planned to downsize and buy a house outside London.

If I spend my money foolishly, no one is going to pick me up. So if it's all the same to you I'll hold onto my money until I've a clearer picture!

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By *iss_tressWoman over a year ago

London

"Act as though in a recession and one will happen. Ignore all the media hype and bullshit, live life as normal and you may just be surprised everything isn't as bad as you are being led to believe.

We will ignore you're bullshit then and see how it all pans out .

As you said elsewhere "If you don't like other people's opinions the door is over there. Bon Voyage"

Where was the bullshit in that statement? It is perfectly sound to say if everyone stops spending because of the scare stories it will likely cause a recession ...

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By *iss_tressWoman over a year ago

London

I had...now I'll just have to wait and see.

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By *iss_tressWoman over a year ago

London

But didn’t most over 50s vote for Brexit? This is what they wanted, right?"

I wasn't one, that's for sure.

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By (user no longer on site) over a year ago

Vote Leave if you dare!!! you will get an immediate emergency budget and huge increase in costs.

so the public vote leave

what happens

no emergency budget, no huge rise in costs

Osborne pledges to cut corporation tax

the chancellor said he would cut the rate to below 15% - some 5% lower than its current 20% rate.

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By (user no longer on site) over a year ago

Short term pain for long term gain. I'm prepared to suffer for the benefit of my children.

If it puts a stop to the EU and their continued gradual takeover of Europe by eroding away at the individualism of each Country in the process, then it is worth it even more.

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By (user no longer on site) over a year ago

"Short term pain for long term gain. I'm prepared to suffer for the benefit of my children.

If it puts a stop to the EU and their continued gradual takeover of Europe by eroding away at the individualism of each Country in the process, then it is worth it even more."

Quite right. The Remainers go on about diversity and enjoying different cultures etc but fail to see that those are the very things that the EU are destroying

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By (user no longer on site) over a year ago

"Short term pain for long term gain. I'm prepared to suffer for the benefit of my children.

If it puts a stop to the EU and their continued gradual takeover of Europe by eroding away at the individualism of each Country in the process, then it is worth it even more.

Quite right. The Remainers go on about diversity and enjoying different cultures etc but fail to see that those are the very things that the EU are destroying"

Why?

I'd say top of the list of things destroying the EU is the Euro, followed by reckless financial management of certain members (read: Greece) and a productivity crisis.

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By *horehouseCouple over a year ago

dissatisfied

"Short term pain for long term gain. I'm prepared to suffer for the benefit of my children.

If it puts a stop to the EU and their continued gradual takeover of Europe by eroding away at the individualism of each Country in the process, then it is worth it even more.

Quite right. The Remainers go on about diversity and enjoying different cultures etc but fail to see that those are the very things that the EU are destroying

Why?

I'd say top of the list of things destroying the EU is the Euro, followed by reckless financial management of certain members (read: Greece) and a productivity crisis. "

Yea the euro is so bad that's why the pound has fallen lower than the euro against the dollar..maths ehhh

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By (user no longer on site) over a year ago

Yea the euro is so bad that's why the pound has fallen lower than the euro against the dollar..maths ehhh "

swings and roundabouts, all will change again for the better

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By *horehouseCouple over a year ago

dissatisfied

Yea the euro is so bad that's why the pound has fallen lower than the euro against the dollar..maths ehhh

swings and roundabouts, all will change again for the better"

Love your blind faith ..

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By (user no longer on site) over a year ago

"Short term pain for long term gain. I'm prepared to suffer for the benefit of my children.

If it puts a stop to the EU and their continued gradual takeover of Europe by eroding away at the individualism of each Country in the process, then it is worth it even more.

Quite right. The Remainers go on about diversity and enjoying different cultures etc but fail to see that those are the very things that the EU are destroying

Why?

I'd say top of the list of things destroying the EU is the Euro, followed by reckless financial management of certain members (read: Greece) and a productivity crisis.

Yea the euro is so bad that's why the pound has fallen lower than the euro against the dollar..maths ehhh "

The euro is a inherently flawed concept. I couldn't care less about its market value.

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By *horehouseCouple over a year ago

dissatisfied

"Short term pain for long term gain. I'm prepared to suffer for the benefit of my children.

If it puts a stop to the EU and their continued gradual takeover of Europe by eroding away at the individualism of each Country in the process, then it is worth it even more.

Quite right. The Remainers go on about diversity and enjoying different cultures etc but fail to see that those are the very things that the EU are destroying

Why?

I'd say top of the list of things destroying the EU is the Euro, followed by reckless financial management of certain members (read: Greece) and a productivity crisis.

Yea the euro is so bad that's why the pound has fallen lower than the euro against the dollar..maths ehhh

The euro is a inherently flawed concept. I couldn't care less about its market value. "

Short sighted as its easier for import / export with one currency than many .imagine the US with 52 different currencies would be a nightmare to deal with ..

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By (user no longer on site) over a year ago

"Short term pain for long term gain. I'm prepared to suffer for the benefit of my children.

If it puts a stop to the EU and their continued gradual takeover of Europe by eroding away at the individualism of each Country in the process, then it is worth it even more.

Quite right. The Remainers go on about diversity and enjoying different cultures etc but fail to see that those are the very things that the EU are destroying

Why?

I'd say top of the list of things destroying the EU is the Euro, followed by reckless financial management of certain members (read: Greece) and a productivity crisis.

Yea the euro is so bad that's why the pound has fallen lower than the euro against the dollar..maths ehhh

The euro is a inherently flawed concept. I couldn't care less about its market value.

Short sighted as its easier for import / export with one currency than many .imagine the US with 52 different currencies would be a nightmare to deal with .."

And that makes up for the fact that Greece and Germany have to have the same exchange and interests rate of - are you kidding!?

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By *horehouseCouple over a year ago

dissatisfied

"Short term pain for long term gain. I'm prepared to suffer for the benefit of my children.

If it puts a stop to the EU and their continued gradual takeover of Europe by eroding away at the individualism of each Country in the process, then it is worth it even more.

Quite right. The Remainers go on about diversity and enjoying different cultures etc but fail to see that those are the very things that the EU are destroying

Why?

I'd say top of the list of things destroying the EU is the Euro, followed by reckless financial management of certain members (read: Greece) and a productivity crisis.

Yea the euro is so bad that's why the pound has fallen lower than the euro against the dollar..maths ehhh

The euro is a inherently flawed concept. I couldn't care less about its market value.

Short sighted as its easier for import / export with one currency than many .imagine the US with 52 different currencies would be a nightmare to deal with ..

And that makes up for the fact that Greece and Germany have to have the same exchange and interests rate of - are you kidding!? "

Nope not kidding ..because I'm not short sighted like you

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By (user no longer on site) over a year ago

"Short term pain for long term gain. I'm prepared to suffer for the benefit of my children.

If it puts a stop to the EU and their continued gradual takeover of Europe by eroding away at the individualism of each Country in the process, then it is worth it even more.

Quite right. The Remainers go on about diversity and enjoying different cultures etc but fail to see that those are the very things that the EU are destroying

Why?

I'd say top of the list of things destroying the EU is the Euro, followed by reckless financial management of certain members (read: Greece) and a productivity crisis.

Yea the euro is so bad that's why the pound has fallen lower than the euro against the dollar..maths ehhh

The euro is a inherently flawed concept. I couldn't care less about its market value.

Short sighted as its easier for import / export with one currency than many .imagine the US with 52 different currencies would be a nightmare to deal with ..

And that makes up for the fact that Greece and Germany have to have the same exchange and interests rate of - are you kidding!?

Nope not kidding ..because I'm not short sighted like you "

You sound incredibly niave to be honest. I take it economics isn't your strong point.

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By *horehouseCouple over a year ago

dissatisfied

"Short term pain for long term gain. I'm prepared to suffer for the benefit of my children.

If it puts a stop to the EU and their continued gradual takeover of Europe by eroding away at the individualism of each Country in the process, then it is worth it even more.

Quite right. The Remainers go on about diversity and enjoying different cultures etc but fail to see that those are the very things that the EU are destroying

Why?

I'd say top of the list of things destroying the EU is the Euro, followed by reckless financial management of certain members (read: Greece) and a productivity crisis.

Yea the euro is so bad that's why the pound has fallen lower than the euro against the dollar..maths ehhh

The euro is a inherently flawed concept. I couldn't care less about its market value.

Short sighted as its easier for import / export with one currency than many .imagine the US with 52 different currencies would be a nightmare to deal with ..

And that makes up for the fact that Greece and Germany have to have the same exchange and interests rate of - are you kidding!?

Nope not kidding ..because I'm not short sighted like you

You sound incredibly niave to be honest. I take it economics isn't your strong point. "

Yours clearly isn't ..

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By (user no longer on site) over a year ago

"Short term pain for long term gain. I'm prepared to suffer for the benefit of my children.

If it puts a stop to the EU and their continued gradual takeover of Europe by eroding away at the individualism of each Country in the process, then it is worth it even more.

Quite right. The Remainers go on about diversity and enjoying different cultures etc but fail to see that those are the very things that the EU are destroying

Why?

I'd say top of the list of things destroying the EU is the Euro, followed by reckless financial management of certain members (read: Greece) and a productivity crisis.

Yea the euro is so bad that's why the pound has fallen lower than the euro against the dollar..maths ehhh

The euro is a inherently flawed concept. I couldn't care less about its market value.

Short sighted as its easier for import / export with one currency than many .imagine the US with 52 different currencies would be a nightmare to deal with .."

The USA is one country so not a legitimate point. The EU is trying to turn Europe into a single state which is what I a opposed to.

Reply privately (closed, thread got too big)

By (user no longer on site) over a year ago

"Short term pain for long term gain. I'm prepared to suffer for the benefit of my children.

If it puts a stop to the EU and their continued gradual takeover of Europe by eroding away at the individualism of each Country in the process, then it is worth it even more.

Quite right. The Remainers go on about diversity and enjoying different cultures etc but fail to see that those are the very things that the EU are destroying

Why?

I'd say top of the list of things destroying the EU is the Euro, followed by reckless financial management of certain members (read: Greece) and a productivity crisis.

Yea the euro is so bad that's why the pound has fallen lower than the euro against the dollar..maths ehhh

The euro is a inherently flawed concept. I couldn't care less about its market value.

Short sighted as its easier for import / export with one currency than many .imagine the US with 52 different currencies would be a nightmare to deal with ..

And that makes up for the fact that Greece and Germany have to have the same exchange and interests rate of - are you kidding!?

Nope not kidding ..because I'm not short sighted like you

You sound incredibly niave to be honest. I take it economics isn't your strong point.

Yours clearly isn't .."

Of course, countries are begging to be let into the euro zone and those already in it are delighted with their decision.

Reply privately (closed, thread got too big)

By *horehouseCouple over a year ago

dissatisfied

"Short term pain for long term gain. I'm prepared to suffer for the benefit of my children.

If it puts a stop to the EU and their continued gradual takeover of Europe by eroding away at the individualism of each Country in the process, then it is worth it even more.

Quite right. The Remainers go on about diversity and enjoying different cultures etc but fail to see that those are the very things that the EU are destroying

Why?

I'd say top of the list of things destroying the EU is the Euro, followed by reckless financial management of certain members (read: Greece) and a productivity crisis.

Yea the euro is so bad that's why the pound has fallen lower than the euro against the dollar..maths ehhh

The euro is a inherently flawed concept. I couldn't care less about its market value.

Short sighted as its easier for import / export with one currency than many .imagine the US with 52 different currencies would be a nightmare to deal with ..

And that makes up for the fact that Greece and Germany have to have the same exchange and interests rate of - are you kidding!?

Nope not kidding ..because I'm not short sighted like you

You sound incredibly niave to be honest. I take it economics isn't your strong point.

Yours clearly isn't ..

Of course, countries are begging to be let into the euro zone and those already in it are delighted with their decision."

And the lonely British pound is being dumped by millions ..even when falling the euro is outperforming the pound ......

Reply privately (closed, thread got too big)

By (user no longer on site) over a year ago

"Short term pain for long term gain. I'm prepared to suffer for the benefit of my children.

If it puts a stop to the EU and their continued gradual takeover of Europe by eroding away at the individualism of each Country in the process, then it is worth it even more.

Quite right. The Remainers go on about diversity and enjoying different cultures etc but fail to see that those are the very things that the EU are destroying

Why?

I'd say top of the list of things destroying the EU is the Euro, followed by reckless financial management of certain members (read: Greece) and a productivity crisis.

Yea the euro is so bad that's why the pound has fallen lower than the euro against the dollar..maths ehhh

The euro is a inherently flawed concept. I couldn't care less about its market value.

Short sighted as its easier for import / export with one currency than many .imagine the US with 52 different currencies would be a nightmare to deal with ..

And that makes up for the fact that Greece and Germany have to have the same exchange and interests rate of - are you kidding!?

Nope not kidding ..because I'm not short sighted like you

You sound incredibly niave to be honest. I take it economics isn't your strong point.

Yours clearly isn't ..

Of course, countries are begging to be let into the euro zone and those already in it are delighted with their decision.

And the lonely British pound is being dumped by millions ..even when falling the euro is outperforming the pound ...... "

Just out of interest, how does one currency 'outperform' another?

Reply privately (closed, thread got too big)

By *horehouseCouple over a year ago

dissatisfied

"Short term pain for long term gain. I'm prepared to suffer for the benefit of my children.

If it puts a stop to the EU and their continued gradual takeover of Europe by eroding away at the individualism of each Country in the process, then it is worth it even more.

Quite right. The Remainers go on about diversity and enjoying different cultures etc but fail to see that those are the very things that the EU are destroying

Why?

I'd say top of the list of things destroying the EU is the Euro, followed by reckless financial management of certain members (read: Greece) and a productivity crisis.

Yea the euro is so bad that's why the pound has fallen lower than the euro against the dollar..maths ehhh

The euro is a inherently flawed concept. I couldn't care less about its market value.

Short sighted as its easier for import / export with one currency than many .imagine the US with 52 different currencies would be a nightmare to deal with ..

And that makes up for the fact that Greece and Germany have to have the same exchange and interests rate of - are you kidding!?

Nope not kidding ..because I'm not short sighted like you

You sound incredibly niave to be honest. I take it economics isn't your strong point.

Yours clearly isn't ..

Of course, countries are begging to be let into the euro zone and those already in it are delighted with their decision.

And the lonely British pound is being dumped by millions ..even when falling the euro is outperforming the pound ......

Just out of interest, how does one currency 'outperform' another? "

One way is by more people wanting to buy it rather than dumping it ...don't tell me you're another one who believes less is more ..well its not ..

Reply privately (closed, thread got too big)

By (user no longer on site) over a year ago

"Short term pain for long term gain. I'm prepared to suffer for the benefit of my children.

If it puts a stop to the EU and their continued gradual takeover of Europe by eroding away at the individualism of each Country in the process, then it is worth it even more.

Quite right. The Remainers go on about diversity and enjoying different cultures etc but fail to see that those are the very things that the EU are destroying

Why?

I'd say top of the list of things destroying the EU is the Euro, followed by reckless financial management of certain members (read: Greece) and a productivity crisis.

Yea the euro is so bad that's why the pound has fallen lower than the euro against the dollar..maths ehhh

The euro is a inherently flawed concept. I couldn't care less about its market value.

Short sighted as its easier for import / export with one currency than many .imagine the US with 52 different currencies would be a nightmare to deal with ..

And that makes up for the fact that Greece and Germany have to have the same exchange and interests rate of - are you kidding!?

Nope not kidding ..because I'm not short sighted like you

You sound incredibly niave to be honest. I take it economics isn't your strong point.

Yours clearly isn't ..

Of course, countries are begging to be let into the euro zone and those already in it are delighted with their decision.

And the lonely British pound is being dumped by millions ..even when falling the euro is outperforming the pound ......

Just out of interest, how does one currency 'outperform' another?

One way is by more people wanting to buy it rather than dumping it ...don't tell me you're another one who believes less is more ..well its not .."

Currency is a medium of exchange, it is not an asset in itself. One does not buy pounds or euros for the sake of buying the currency or looking at the pretty pictures on it. There's no inherent value the current should be, as it goes up or down then importing or exporting becomes more or less attractive.

Reply privately (closed, thread got too big)

By *horehouseCouple over a year ago

dissatisfied

"Short term pain for long term gain. I'm prepared to suffer for the benefit of my children.

If it puts a stop to the EU and their continued gradual takeover of Europe by eroding away at the individualism of each Country in the process, then it is worth it even more.

Quite right. The Remainers go on about diversity and enjoying different cultures etc but fail to see that those are the very things that the EU are destroying

Why?

I'd say top of the list of things destroying the EU is the Euro, followed by reckless financial management of certain members (read: Greece) and a productivity crisis.

Yea the euro is so bad that's why the pound has fallen lower than the euro against the dollar..maths ehhh

The euro is a inherently flawed concept. I couldn't care less about its market value.

Short sighted as its easier for import / export with one currency than many .imagine the US with 52 different currencies would be a nightmare to deal with ..

And that makes up for the fact that Greece and Germany have to have the same exchange and interests rate of - are you kidding!?

Nope not kidding ..because I'm not short sighted like you

You sound incredibly niave to be honest. I take it economics isn't your strong point.

Yours clearly isn't ..

Of course, countries are begging to be let into the euro zone and those already in it are delighted with their decision.

And the lonely British pound is being dumped by millions ..even when falling the euro is outperforming the pound ......

Just out of interest, how does one currency 'outperform' another?

One way is by more people wanting to buy it rather than dumping it ...don't tell me you're another one who believes less is more ..well its not ..

And still your British bean buys less than the European bean ..still as less is clearly more in your book life will always be Rosie..

Reply privately (closed, thread got too big)

By (user no longer on site) over a year ago

"Short term pain for long term gain. I'm prepared to suffer for the benefit of my children.

If it puts a stop to the EU and their continued gradual takeover of Europe by eroding away at the individualism of each Country in the process, then it is worth it even more.

Quite right. The Remainers go on about diversity and enjoying different cultures etc but fail to see that those are the very things that the EU are destroying

Why?

I'd say top of the list of things destroying the EU is the Euro, followed by reckless financial management of certain members (read: Greece) and a productivity crisis.

Yea the euro is so bad that's why the pound has fallen lower than the euro against the dollar..maths ehhh

The euro is a inherently flawed concept. I couldn't care less about its market value.

Short sighted as its easier for import / export with one currency than many .imagine the US with 52 different currencies would be a nightmare to deal with ..

And that makes up for the fact that Greece and Germany have to have the same exchange and interests rate of - are you kidding!?

Nope not kidding ..because I'm not short sighted like you

You sound incredibly niave to be honest. I take it economics isn't your strong point.

Yours clearly isn't ..

Of course, countries are begging to be let into the euro zone and those already in it are delighted with their decision.

And the lonely British pound is being dumped by millions ..even when falling the euro is outperforming the pound ......

Just out of interest, how does one currency 'outperform' another?

One way is by more people wanting to buy it rather than dumping it ...don't tell me you're another one who believes less is more ..well its not ..

And still your British bean buys less than the European bean ..still as less is clearly more in your book life will always be Rosie.. "

but British beans are easier to sell now

Reply privately (closed, thread got too big)

By (user no longer on site) over a year ago

"Short term pain for long term gain. I'm prepared to suffer for the benefit of my children.

If it puts a stop to the EU and their continued gradual takeover of Europe by eroding away at the individualism of each Country in the process, then it is worth it even more.

Quite right. The Remainers go on about diversity and enjoying different cultures etc but fail to see that those are the very things that the EU are destroying

Why?

I'd say top of the list of things destroying the EU is the Euro, followed by reckless financial management of certain members (read: Greece) and a productivity crisis.

Yea the euro is so bad that's why the pound has fallen lower than the euro against the dollar..maths ehhh

The euro is a inherently flawed concept. I couldn't care less about its market value.

Short sighted as its easier for import / export with one currency than many .imagine the US with 52 different currencies would be a nightmare to deal with ..

And that makes up for the fact that Greece and Germany have to have the same exchange and interests rate of - are you kidding!?

Nope not kidding ..because I'm not short sighted like you

You sound incredibly niave to be honest. I take it economics isn't your strong point.

Yours clearly isn't ..

Of course, countries are begging to be let into the euro zone and those already in it are delighted with their decision.

And the lonely British pound is being dumped by millions ..even when falling the euro is outperforming the pound ......

Just out of interest, how does one currency 'outperform' another?

One way is by more people wanting to buy it rather than dumping it ...don't tell me you're another one who believes less is more ..well its not ..

And still your British bean buys less than the European bean ..still as less is clearly more in your book life will always be Rosie.. "

So since £1 buys more than $1, the pound is the more successful currency then?

I'm really trying hard to follow your logic?

Reply privately (closed, thread got too big)

By *iss_tressWoman over a year ago

London

"Short term pain for long term gain. I'm prepared to suffer for the benefit of my children.

If it puts a stop to the EU and their continued gradual takeover of Europe by eroding away at the individualism of each Country in the process, then it is worth it even more.

Quite right. The Remainers go on about diversity and enjoying different cultures etc but fail to see that those are the very things that the EU are destroying"

You do realise that non whites voted leave too right?!!

Reply privately (closed, thread got too big)

By (user no longer on site) over a year ago

"Short term pain for long term gain. I'm prepared to suffer for the benefit of my children.

If it puts a stop to the EU and their continued gradual takeover of Europe by eroding away at the individualism of each Country in the process, then it is worth it even more.

Quite right. The Remainers go on about diversity and enjoying different cultures etc but fail to see that those are the very things that the EU are destroying

You do realise that non whites voted leave too right?!!

?? Yes. Your point is?

Reply privately (closed, thread got too big)

By *oncupiscentTonyMan over a year ago

Kent

Just like people talked up a housing bubble crash?

Reply privately (closed, thread got too big)

By *horehouseCouple over a year ago

dissatisfied

Just like people talked up a housing bubble crash?

Many brexiters were doing that on social media before the vote claiming it would help there children afford homes ..

Reply privately (closed, thread got too big)

By (user no longer on site) over a year ago

Some foreign residents are slightly off in their statements about the strength of the Euro and Pound. On June 13 and for weeks before the £ / Euro rate was 1.25. At close of business today it was 1.19.

In August 2015 the rate was 1.44 which progressively fell to the June figure of 1.25. So in normal trading it drops 0.19 and yet apparently all is disaster when it falls 0.06. Where was all the worry and concern last year?

As for the Dollar in August 2015 the rate was about 1.55 and this progressively fell to 1.41 in 15 June. Today in late trading it was at 1.33. So it falls 0.14 and that is fine but when it falls by 0.08 it is a Brexit disaster.

Its all here:

http://www.xe.com/currencycharts/?from=GBP&to=EUR

I guess some people fail to realise that a lower £ means our exports are more competitive in their personal grief at local wines costing more ...

So if we are in such peril and the Government is heading for a recession why are Government Bonds at an all time low Yield(ie in high demand)? It means our borrowing costs are at an all time low. The Markets are therefore showing huge confidence in the UK Government and the economy. The markets are also getting out of property to buy Bonds and Gold which means house prices will fall. Another good thing IMHO. And apparently we can now afford a 5% reduction on Corporation Tax (a good move IMHO).

House builders will still be building houses as they have already bought the land and there is strong demand its just their profits may be less and the markets are now pricing in that change. Its what happens every day.

The dust is now settling and 2 1/2 weeks down our new road the country has not fallen apart despite all the sad Remainers still wishing it to happen.

Reply privately (closed, thread got too big)

By (user no longer on site) over a year ago

Just like people talked up a housing bubble crash?

Many brexiters were doing that on social media before the vote claiming it would help there children afford homes .. "

come on, we are all Brexiters now, every one of us in the UK

Ve had zee vote and as we all saw, the Leave campaign won by a huge overwhelming majority, which in turn unites us all as one

with one intention

To leave the EU

Now everyone must agree with that, regardless of which way we voted

don't you all agree

Reply privately (closed, thread got too big)

By (user no longer on site) over a year ago

Just like people talked up a housing bubble crash?

Many brexiters were doing that on social media before the vote claiming it would help there children afford homes ..

come on, we are all Brexiters now, every one of us in the UK

Ve had zee vote and as we all saw, the Leave campaign won by a huge overwhelming majority, which in turn unites us all as one

with one intention

To leave the EU

Now everyone must agree with that, regardless of which way we voted

don't you all agree

Reply privately (closed, thread got too big)

By (user no longer on site) over a year ago

"Some foreign residents are slightly off in their statements about the strength of the Euro and Pound. On June 13 and for weeks before the £ / Euro rate was 1.25. At close of business today it was 1.19.

Its all here:

http://www.xe.com/currencycharts/?from=GBP&to=EUR

I guess some people fail to realise that a lower £ means our exports are more competitive in their personal grief at local wines costing more ...

The dust is now settling and 2 1/2 weeks down our new road the country has not fallen apart despite all the sad Remainers still wishing it to happen.

I think some people don't realise that money is there to buy and sell goods rather than simply another asset for casino monkeys to speculate on.

Reply privately (closed, thread got too big)

By *rHornyGentMan over a year ago

South East London

It's all about confidence.

Why would you buy something now when you suspect if you wait, it will be cheaper in a few weeks thus saving you money.

That's what's happening to investment in this country.

We told the rest of the world to fcuk off and leave us alone.

We can't complain when they do.

The recession is well and truly here, though it will probably only last until the New Year, question is which one...

Which goes to prove one simple thing. In a few years time, Boris, Gove, Farage, Corbyn et al will be up there in lights with Bliar as a proper bunch of numpties with no plan for the morning after...

Reply privately (closed, thread got too big)

By (user no longer on site) over a year ago

"It's all about confidence.

Why would you buy something now when you suspect if you wait, it will be cheaper in a few weeks thus saving you money.

That's what's happening to investment in this country.

We told the rest of the world to fcuk off and leave us alone.

We can't complain when they do.

The recession is well and truly here, though it will probably only last until the New Year, question is which one...

Which goes to prove one simple thing. In a few years time, Boris, Gove, Farage, Corbyn et al will be up there in lights with Bliar as a proper bunch of numpties with no plan for the morning after...

we haven't told anyone to fcuk off. We've invited the world to trade with us

Reply privately (closed, thread got too big)

By (user no longer on site) over a year ago

"It's all about confidence.

Why would you buy something now when you suspect if you wait, it will be cheaper in a few weeks thus saving you money.

That's what's happening to investment in this country.

We told the rest of the world to fcuk off and leave us alone.

We can't complain when they do.

The recession is well and truly here, though it will probably only last until the New Year, question is which one...

Which goes to prove one simple thing. In a few years time, Boris, Gove, Farage, Corbyn et al will be up there in lights with Bliar as a proper bunch of numpties with no plan for the morning after...

Hang on have I missed something? To be in a 'recession' we must have had 2 quarters of negative growth. That is 6 months. 26 weeks. The referendum was 2 1/2 weeks ago ....

We didn't tel anyone to fuck off anywhere. When was that said? We haven't even told the Eu to fuck off. We just said we do not want to continue funding their crap.

Which goes to prove you are a little short on facts....

Reply privately (closed, thread got too big)

By *rHornyGentMan over a year ago

South East London

"It's all about confidence.

Why would you buy something now when you suspect if you wait, it will be cheaper in a few weeks thus saving you money.

That's what's happening to investment in this country.

We told the rest of the world to fcuk off and leave us alone.

We can't complain when they do.

The recession is well and truly here, though it will probably only last until the New Year, question is which one...

Which goes to prove one simple thing. In a few years time, Boris, Gove, Farage, Corbyn et al will be up there in lights with Bliar as a proper bunch of numpties with no plan for the morning after...

we haven't told anyone to fcuk off. We've invited the world to trade with us"

That's a very strange way of inviting people to trade with us?

Have an unmanaged currency devaluation,

PM resigns,

Government and opposition is disarray,

people being laid off,

Firms in wholesale u-turns over investment plans,

Raw materials cost more so prices go up,

Your salary stays the same as you're too scared to change jobs and company has less money to pay you,

Inflation returns,

Your home falls in value,

You lose your home,

Fewer jobs due to recession,

Longer to get back into work,

Less tax revenue,

Fewer benefits,

Add next line here...

On the plus side, dildos are cheaper so we can all use one and make some overseas chappie richer as we haven't the skills or resources to make them here.

Your house parties must be a barrel of laughs.

Reply privately (closed, thread got too big)

By (user no longer on site) over a year ago

"It's all about confidence.

Why would you buy something now when you suspect if you wait, it will be cheaper in a few weeks thus saving you money.

That's what's happening to investment in this country.

We told the rest of the world to fcuk off and leave us alone.

We can't complain when they do.

The recession is well and truly here, though it will probably only last until the New Year, question is which one...

Which goes to prove one simple thing. In a few years time, Boris, Gove, Farage, Corbyn et al will be up there in lights with Bliar as a proper bunch of numpties with no plan for the morning after...

we haven't told anyone to fcuk off. We've invited the world to trade with us"

Quite simply the investing world didn't get the expected result so plans changed and they cut their losses. We'll know the real impact when decisions are made after th event (i.e now) and not the results of speculation before

Reply privately (closed, thread got too big)

By *rHornyGentMan over a year ago

South East London

"It's all about confidence.

Why would you buy something now when you suspect if you wait, it will be cheaper in a few weeks thus saving you money.

That's what's happening to investment in this country.

We told the rest of the world to fcuk off and leave us alone.

We can't complain when they do.

The recession is well and truly here, though it will probably only last until the New Year, question is which one...

Which goes to prove one simple thing. In a few years time, Boris, Gove, Farage, Corbyn et al will be up there in lights with Bliar as a proper bunch of numpties with no plan for the morning after...

Hang on have I missed something? To be in a 'recession' we must have had 2 quarters of negative growth. That is 6 months. 26 weeks. The referendum was 2 1/2 weeks ago ....

We didn't tel anyone to fuck off anywhere. When was that said? We haven't even told the Eu to fuck off. We just said we do not want to continue funding their crap.

Which goes to prove you are a little short on facts...."

You have to be daft not to see the recession around you. Inward investment has collapsed, look at the figures.

I can see my Nobel Economics prize already and I'll have my winnings in US Dollars please. All USD1.2m.

On that note I'm off for beard grooming tips from Robert Aumann. Look him up.

Reply privately (closed, thread got too big)

By *rHornyGentMan over a year ago

South East London

"It's all about confidence.

Why would you buy something now when you suspect if you wait, it will be cheaper in a few weeks thus saving you money.

That's what's happening to investment in this country.

We told the rest of the world to fcuk off and leave us alone.

We can't complain when they do.

The recession is well and truly here, though it will probably only last until the New Year, question is which one...

Which goes to prove one simple thing. In a few years time, Boris, Gove, Farage, Corbyn et al will be up there in lights with Bliar as a proper bunch of numpties with no plan for the morning after...

we haven't told anyone to fcuk off. We've invited the world to trade with us

So your life to date is built on the proceeds of speculation. Are you bankers?

Reply privately (closed, thread got too big)

By (user no longer on site) over a year ago

"It's all about confidence.

Why would you buy something now when you suspect if you wait, it will be cheaper in a few weeks thus saving you money.

That's what's happening to investment in this country.

We told the rest of the world to fcuk off and leave us alone.

We can't complain when they do.

The recession is well and truly here, though it will probably only last until the New Year, question is which one...

Which goes to prove one simple thing. In a few years time, Boris, Gove, Farage, Corbyn et al will be up there in lights with Bliar as a proper bunch of numpties with no plan for the morning after...

we haven't told anyone to fcuk off. We've invited the world to trade with us

So your life to date is built on the proceeds of speculation. Are you bankers?"

Hu?

Reply privately (closed, thread got too big)

By (user no longer on site) over a year ago

"That's a very strange way of inviting people to trade with us?

Have an unmanaged currency devaluation

PM resigns,

Government and opposition is disarray,

people being laid off,

Firms in wholesale u-turns over investment plans,

Raw materials cost more so prices go up,

Your salary stays the same as you're too scared to change jobs and company has less money to pay you,

Inflation returns,

Your home falls in value,

You lose your home,

Fewer jobs due to recession,

Longer to get back into work,

Less tax revenue,

Fewer benefits,

Add next line here... "

OK... Apart from line 1 (devaluation) and line 2 (PM Resigns) the rest is just a very pessimistic list of events that have not happened and unlikely to happen. You have absolutely NO justification for what you have just written. OK you may HOPE it will happen so you can enjoy the Schadenfreude but I find that rather sad and pathetic if that is the case. I hope I am wrong and you are just in a very bad mood ...

Reply privately (closed, thread got too big)

By (user no longer on site) over a year ago

"It's all about confidence.

Why would you buy something now when you suspect if you wait, it will be cheaper in a few weeks thus saving you money.

That's what's happening to investment in this country.

We told the rest of the world to fcuk off and leave us alone.

We can't complain when they do.

The recession is well and truly here, though it will probably only last until the New Year, question is which one...

Which goes to prove one simple thing. In a few years time, Boris, Gove, Farage, Corbyn et al will be up there in lights with Bliar as a proper bunch of numpties with no plan for the morning after...

we haven't told anyone to fcuk off. We've invited the world to trade with us

That's a very strange way of inviting people to trade with us?

Have an unmanaged currency devaluation,

PM resigns,

Government and opposition is disarray,

people being laid off,

Firms in wholesale u-turns over investment plans,

Raw materials cost more so prices go up,

Your salary stays the same as you're too scared to change jobs and company has less money to pay you,

Inflation returns,

Your home falls in value,

You lose your home,

Fewer jobs due to recession,

Longer to get back into work,

Less tax revenue,

Fewer benefits,

Add next line here...

On the plus side, dildos are cheaper so we can all use one and make some overseas chappie richer as we haven't the skills or resources to make them here.

Your house parties must be a barrel of laughs. "

Someone hasn't got any for a while

Reply privately (closed, thread got too big)

By *rHornyGentMan over a year ago

South East London

"It's all about confidence.

Why would you buy something now when you suspect if you wait, it will be cheaper in a few weeks thus saving you money.

That's what's happening to investment in this country.

We told the rest of the world to fcuk off and leave us alone.

We can't complain when they do.

The recession is well and truly here, though it will probably only last until the New Year, question is which one...

Which goes to prove one simple thing. In a few years time, Boris, Gove, Farage, Corbyn et al will be up there in lights with Bliar as a proper bunch of numpties with no plan for the morning after...

we haven't told anyone to fcuk off. We've invited the world to trade with us

That's a very strange way of inviting people to trade with us?

Have an unmanaged currency devaluation,

PM resigns,

Government and opposition is disarray,

people being laid off,

Firms in wholesale u-turns over investment plans,

Raw materials cost more so prices go up,

Your salary stays the same as you're too scared to change jobs and company has less money to pay you,

Inflation returns,

Your home falls in value,

You lose your home,

Fewer jobs due to recession,

Longer to get back into work,

Less tax revenue,

Fewer benefits,

Add next line here...

On the plus side, dildos are cheaper so we can all use one and make some overseas chappie richer as we haven't the skills or resources to make them here.

Your house parties must be a barrel of laughs.

Someone hasn't got any for a while

Someone has had plenty recently

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By *rHornyGentMan over a year ago

South East London

"That's a very strange way of inviting people to trade with us?

Have an unmanaged currency devaluation

PM resigns,

Government and opposition is disarray,

people being laid off,

Firms in wholesale u-turns over investment plans,

Raw materials cost more so prices go up,

Your salary stays the same as you're too scared to change jobs and company has less money to pay you,

Inflation returns,

Your home falls in value,

You lose your home,

Fewer jobs due to recession,

Longer to get back into work,

Less tax revenue,

Fewer benefits,

Add next line here...

I am personally aware of several people now out of work as a result of this.

3,000 jobs in the city are at risk of moving to Dublin or Frankfurt if we leave the single market.

Several companies have announced reviews of their investments post Brexit.

Pound is worth less so cost of imports - raw materials and petrol - all gone up. Did you miss the news about petrol prices?

I post fact not fiction and don't indulge in Schadenfreude, bad form and all that.

Having a great day too!

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By (user no longer on site) over a year ago

"That's a very strange way of inviting people to trade with us?

Have an unmanaged currency devaluation

PM resigns,

Government and opposition is disarray,

people being laid off,

Firms in wholesale u-turns over investment plans,

Raw materials cost more so prices go up,

Your salary stays the same as you're too scared to change jobs and company has less money to pay you,

Inflation returns,

Your home falls in value,

You lose your home,

Fewer jobs due to recession,

Longer to get back into work,

Less tax revenue,

Fewer benefits,

Add next line here...

I am personally aware of several people now out of work as a result of this.

3,000 jobs in the city are at risk of moving to Dublin or Frankfurt if we leave the single market.

Several companies have announced reviews of their investments post Brexit.

Pound is worth less so cost of imports - raw materials and petrol - all gone up. Did you miss the news about petrol prices?

I post fact not fiction and don't indulge in Schadenfreude, bad form and all that.

Having a great day too!"

As far as I am aware no one has lost their job as a direct result of anything yet. If they had the media would have been all over it.

No companies have relocated snd wont until they know all the facts and implications. But they will have contingency plans, thats ehat successful companies do.

The only fact is there are no facts.

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By (user no longer on site) over a year ago

" I am personally aware of several people now out of work as a result of this."

I doubt that to be honest. well apart from 73 UK MEPs who just lost their jobs and are now on Notice ...

"3,000 jobs in the city are at risk of moving to Dublin or Frankfurt if we leave the single market."

You have no idea how many jobs are at risk. Its just a guess on your part. And you clearly didn't know that in Services there is actually no 'Single Market'. It hasn't been completed due to EU bureaucracy.

" Several companies have announced reviews of their investments post Brexit."

And quite right to. But they may decide to invest more as well as less... Oh wait ....

"Pound is worth less so cost of imports - raw materials and petrol - all gone up. Did you miss the news about petrol prices?"

Yes our exports are now far more competitive and imports cost less. Buy British and you see no difference.

No I didn't miss the rise in petrol due to oil prices increasing. Oh wait you didn't know every oil company hedges and buys currency forward for just such shocks in the money markets?

"I post fact not fiction and don't indulge in Schadenfreude, bad form and all that.

Having a great day too! "

Sorry you seem to be posting opinions based on rumour supported by estimates. Not one thing above is an actual 'fact'.

And yes I am having a fabulous day thank you...

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By *horehouseCouple over a year ago

dissatisfied

" I am personally aware of several people now out of work as a result of this.