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By *nny OP Man
over a year ago
Glasgow |
It's still happening.
A supposed lead for the Yes campaign in polling ahead of the Scottish independence referendum has spooked markets as the pound slumped to a 10-month low.
The 1% decline to just below 1.62 versus the US dollar adds to sharp losses seen last week. Sterling had been at a six-year high above the 1.70 barrier as recently as the end of June. |
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By *wiftieeMan
over a year ago
near Glasgow |
"It's still happening.
A supposed lead for the Yes campaign in polling ahead of the Scottish independence referendum has spooked markets as the pound slumped to a 10-month low.
The 1% decline to just below 1.62 versus the US dollar adds to sharp losses seen last week. Sterling had been at a six-year high above the 1.70 barrier as recently as the end of June."
""We're all dooommed""  |
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By (user no longer on site)
over a year ago
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"When doller stronger than pound oil becomes more expensive then most other things go up due to increased transport costs . No referendum mashup economic fact .  "
Cue being told how it's all Westminsters fault lmao  |
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By *nny OP Man
over a year ago
Glasgow |
"The pound has fallen to its lowest level in 10 months amid uncertainty about Scotland's future within the UK.
The currency fell 1% against the dollar in early trading to $1.6159, and also fell almost 1% against the euro to 1.2480 euros.
It came after a YouGov poll suggested supporters of an independent Scotland had taken a narrow lead in the referendum debate for the first time.
Just a week ago sterling was trading at $1.66 against the US dollar.
Shares in Scottish-based firms dominated the top fallers on the stock market. Edinburgh-based Standard Life fell 3%, Royal Bank of Scotland slipped 2.4% and Lloyds Banking Group, which owns Bank of Scotland and Scottish Widows, dropped 2.7%."
From Robert Peston. |
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"When doller stronger than pound oil becomes more expensive then most other things go up due to increased transport costs . No referendum mashup economic fact .
Cue being told how it's all Westminsters fault lmao "
It's uncertainty's fault |
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By (user no longer on site)
over a year ago
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""The pound has fallen to its lowest level in 10 months amid uncertainty about Scotland's future within the UK.
The currency fell 1% against the dollar in early trading to $1.6159, and also fell almost 1% against the euro to 1.2480 euros.
It came after a YouGov poll suggested supporters of an independent Scotland had taken a narrow lead in the referendum debate for the first time.
Just a week ago sterling was trading at $1.66 against the US dollar.
Shares in Scottish-based firms dominated the top fallers on the stock market. Edinburgh-based Standard Life fell 3%, Royal Bank of Scotland slipped 2.4% and Lloyds Banking Group, which owns Bank of Scotland and Scottish Widows, dropped 2.7%."
From Robert Peston."
oh dear, _nny
are we back to this game of taking any business story on the bbc that relates to Scotland and claiming it to be written by Robert Peston 
I thought you might have learned from the last time  |
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and who decides the pound is worth less than the dollar ? oh yes the banks.
its all a lot of nonsense. don't buy into it.
inflation is not a thing.
recession is not a thing
Money is all worth the same amount and that is 0
its only a concept created to control you.
think about it. the banks charge the government to print money hence the debt. for every £1 printed it costs £3 to print. therefore the debt cant be paid. cause if you print the money to pay it you owe em more already.
the money then goes into circulation where it gets given to you in exchange for labour and what do you do with it ? you give it back to the bank and they use it for other things mainly Atm machines and loans. so anyone can take it who needs it.
and then you buy the things that other folk just like you make. and the company put the money right back in the banks....
you work for nothing. based on nothing. that generates a debt composed of nothing and then they tax you to pay it.... Control.
don't believe it . then twenty of you go into the bank and ask em to make good on the promise written on your money.
they wont be able to cause the gold that money used to be based on is gone. it became unworkable and was sold years ago |
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By (user no longer on site)
over a year ago
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"It came from Peston's page on the BBC website.
It's a list of facts, all checkable via the Stock Exchange website.
"
theres a link to the story from Robert Pestons page, but then you get the same link from a number of places on the bbc website.
just like the last time you sunk to this level, the story gives no indication as to who wrote it, as opposed to stories written by RP who recieves a byline on his work.
Theres another wee clue in there, the final paragraph quotes RP in a style which he doesnt use when espousing his opinion and previous comments/articles.
truly sad that you are unable to leave the facts of the story to speak for themselves, but instead have to behave like a wannabe redtop editor. |
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"and who decides the pound is worth less than the dollar ? oh yes the banks.
its all a lot of nonsense. don't buy into it.
inflation is not a thing.
recession is not a thing
Money is all worth the same amount and that is 0
its only a concept created to control you.
think about it. the banks charge the government to print money hence the debt. for every £1 printed it costs £3 to print. therefore the debt cant be paid. cause if you print the money to pay it you owe em more already.
the money then goes into circulation where it gets given to you in exchange for labour and what do you do with it ? you give it back to the bank and they use it for other things mainly Atm machines and loans. so anyone can take it who needs it.
and then you buy the things that other folk just like you make. and the company put the money right back in the banks....
you work for nothing. based on nothing. that generates a debt composed of nothing and then they tax you to pay it.... Control.
don't believe it . then twenty of you go into the bank and ask em to make good on the promise written on your money.
they wont be able to cause the gold that money used to be based on is gone. it became unworkable and was sold years ago"
so will we go back to I sheep for a shot of your wife yes the papers worth squat and ? The whole economy of most nations is based on the system in place and its not just gold that wealth is guaged against there are many factors used |
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By (user no longer on site)
over a year ago
|
"and who decides the pound is worth less than the dollar ? oh yes the banks.
its all a lot of nonsense. don't buy into it.
inflation is not a thing.
recession is not a thing
Money is all worth the same amount and that is 0
its only a concept created to control you.
think about it. the banks charge the government to print money hence the debt. for every £1 printed it costs £3 to print. therefore the debt cant be paid. cause if you print the money to pay it you owe em more already.
the money then goes into circulation where it gets given to you in exchange for labour and what do you do with it ? you give it back to the bank and they use it for other things mainly Atm machines and loans. so anyone can take it who needs it.
and then you buy the things that other folk just like you make. and the company put the money right back in the banks....
you work for nothing. based on nothing. that generates a debt composed of nothing and then they tax you to pay it.... Control.
don't believe it . then twenty of you go into the bank and ask em to make good on the promise written on your money.
they wont be able to cause the gold that money used to be based on is gone. it became unworkable and was sold years agoso will we go back to I sheep for a shot of your wife yes the papers worth squat and ? The whole economy of most nations is based on the system in place and its not just gold that wealth is guaged against there are many factors used "
If you keep talking sense Kola, you'll get a bad reputation  |
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just because most nations use something doesn't make it a good idea.
the entire capitalist system is a farce.
how about instead of going back to trade. you try doing things for the good of doing them and for the enlightenment of mankind. instead of for the prospect of a reward that is basically nothing anyway focus on what is actually important instead of wasting what little time you have on gain that amounts to nothing.
and I didn't say the paper was worthless I said the money was. the gold was just a shiny rock the paper is just paper. so why do you need it. why do you want it. and why if you know this. do you let it control you.
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"just because most nations use something doesn't make it a good idea.
the entire capitalist system is a farce.
how about instead of going back to trade. you try doing things for the good of doing them and for the enlightenment of mankind. instead of for the prospect of a reward that is basically nothing anyway focus on what is actually important instead of wasting what little time you have on gain that amounts to nothing.
and I didn't say the paper was worthless I said the money was. the gold was just a shiny rock the paper is just paper. so why do you need it. why do you want it. and why if you know this. do you let it control you.
"
did you write this before or after you bought your dinner or that new jacket or whatever ..........theres the reason why we have money its really down to faith in the amount being available to trade tight now we go down against the dollar as others are losing faith in certain aspects next week they may think thats sorted and value goes up if you have no faith in money try to go back to the barter system but very little faith is placed on that try and get a meal for tonight by offering asdas to mop the floors |
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just because the systems in power doesn't make it right. people only use money because they are used to it. the trouble is. the system controlling it is corrupt. its the banks themselves that decide the worth of the money public opinion doesn't even factor in. if you start to get ahead they claim inflation and have prices raised. they keep us on the brink of poverty when there's no need for us to be. im aware one man cant change the system but 10 thousand can |
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By *abioMan
over a year ago
Newcastle and Gateshead |
Forget Robert peston.... If you want the view of a world leading economist respected almost everywhere without a dog in this particular fight... I would urge ppl to look at the Paul krugman piece in today's New York Times with regards to independence and a potential Scottish economy
He has a rep for being outspoken... I think it is something ppl on both sides should read |
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By (user no longer on site)
over a year ago
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"Forget Robert peston.... If you want the view of a world leading economist respected almost everywhere without a dog in this particular fight... I would urge ppl to look at the Paul krugman piece in today's New York Times with regards to independence and a potential Scottish economy
He has a rep for being outspoken... I think it is something ppl on both sides should read"
to say that Krugman doesnt have a dog in this fight isnt strictly true, he is an advocate of greater globalization which wouldnt be well served by a yes vote.
As much as he is well respected and i have enjoyed (well as much as you can enjoy economic theories) reading his work, i'm sure he was one of the leading economists who accepted payments to write glowing reports on the Icelandic banking system and look how that turned out. |
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By (user no longer on site)
over a year ago
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"Forget Robert peston.... If you want the view of a world leading economist respected almost everywhere without a dog in this particular fight... I would urge ppl to look at the Paul krugman piece in today's New York Times with regards to independence and a potential Scottish economy
He has a rep for being outspoken... I think it is something ppl on both sides should read
to say that Krugman doesnt have a dog in this fight isnt strictly true, he is an advocate of greater globalization which wouldnt be well served by a yes vote.
As much as he is well respected and i have enjoyed (well as much as you can enjoy economic theories) reading his work, i'm sure he was one of the leading economists who accepted payments to write glowing reports on the Icelandic banking system and look how that turned out."
almost forgot, wasnt he part of the team that gave us reaganonics as well. |
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"just because the systems in power doesn't make it right. people only use money because they are used to it. the trouble is. the system controlling it is corrupt. its the banks themselves that decide the worth of the money public opinion doesn't even factor in. if you start to get ahead they claim inflation and have prices raised. they keep us on the brink of poverty when there's no need for us to be. im aware one man cant change the system but 10 thousand can"
By any chance are you a student? . I remember espousing idealist left-wing views at uni too. I even joined the IWW. |
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This is a good debate, and respectfully footlover, what other way is there to live but by money?
I have had periods when I have had some, and many more periods where I have none, I've tried to live frugally, I've also occasionally lived lavishly, but I still have to trade my time and skills for money to obtain the things I need.
I don't know or understand what other way there is?
With best regards,
|
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"This is a good debate, and respectfully footlover, what other way is there to live but by money?
I have had periods when I have had some, and many more periods where I have none, I've tried to live frugally, I've also occasionally lived lavishly, but I still have to trade my time and skills for money to obtain the things I need.
I don't know or understand what other way there is?
With best regards,
"
im guessing it will be the persuit of utopia you just do and anything you need is provided from others as you provide things for others who need...... sounds fantastic but dosnt take human nature into account we choose to be on the internet but have no need of it we choose a 60" plasma tv marxism sounds great but looking back with the ones high up in the politburo living in massive dachaus as the peasants shared cabbage you get the sense there is a reason it dosnt work well thats my view of it |
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By *ane DTV/TS
over a year ago
Glasgow ish |
Go and read the New York Times Op Ed by Nobel Lauriate Paul Krugman.
"Could Scotland have its own currency? Maybe, although Scotland’s economy is even more tightly integrated with that of the rest of Britain than Canada’s is with the United States, so that trying to maintain a separate currency would be hard. It’s a moot point, however: The Scottish independence movement has been very clear that it intends to keep the pound as the national currency. And the combination of political independence with a shared currency is a recipe for disaster."
It finishes with..
"I find it mind-boggling that Scotland would consider going down this path after all that has happened in the last few years. If Scottish voters really believe that it’s safe to become a country without a currency, they have been badly misled." |
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By (user no longer on site)
over a year ago
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Did you not see the extended news !!! The fall of the pound is Barak Obamas fault because he my intervene in Syria !!! That is what the SNP MSP stated !!!!!!!!!!!!!!!!!! |
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By *ane DTV/TS
over a year ago
Glasgow ish |
Christina Mckelvie - has previous.
"Christina McKelvie MSP says 'secret service plants' could be behind trolling of Harry Potter author after she spoke out against independence
British spies may have orchestrated the abusive messages sent to JK Rowling after she spoke out against independence, a leading SNP politician has claimed.
Christina McKelvie said the torrent of online attacks aimed at the Harry Potter author could have been the work of "secret service plants".
Ms McKelvie discussed MI5 involvement while saying there was no link between the vicious messages and the campaign fighting for Scottish independence.
The bizarre intervention follows outcry over the online reaction Rowling recently received after donating £1 million to Better Together, the pro-UK campaign."
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By (user no longer on site)
over a year ago
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"Christina Mckelvie - has previous.
"Christina McKelvie MSP says 'secret service plants' could be behind trolling of Harry Potter author after she spoke out against independence
British spies may have orchestrated the abusive messages sent to JK Rowling after she spoke out against independence, a leading SNP politician has claimed.
Christina McKelvie said the torrent of online attacks aimed at the Harry Potter author could have been the work of "secret service plants".
Ms McKelvie discussed MI5 involvement while saying there was no link between the vicious messages and the campaign fighting for Scottish independence.
The bizarre intervention follows outcry over the online reaction Rowling recently received after donating £1 million to Better Together, the pro-UK campaign."
"
Ah, i should have guessed it was that muppet.
dont forget her " i'm yes positive......." gaff as well.
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By (user no longer on site)
over a year ago
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"wtf - why on earth would M15 troll JK Rowling - may be it is because she is now writing 'adult' fiction"
no, its because Christina McKelvie is a spanner |
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By *nny OP Man
over a year ago
Glasgow |
"Christina Mckelvie - has previous.
"Christina McKelvie MSP says 'secret service plants' could be behind trolling of Harry Potter author after she spoke out against independence
British spies may have orchestrated the abusive messages sent to JK Rowling after she spoke out against independence, a leading SNP politician has claimed.
Christina McKelvie said the torrent of online attacks aimed at the Harry Potter author could have been the work of "secret service plants".
Ms McKelvie discussed MI5 involvement while saying there was no link between the vicious messages and the campaign fighting for Scottish independence.
The bizarre intervention follows outcry over the online reaction Rowling recently received after donating £1 million to Better Together, the pro-UK campaign."
"
Didn't she also suggest it was an MI5 guy who egged Jim Murphy? |
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