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""Bank of England sees speedier COVID recovery and upgrades growth forecast - but holds interest rate". So good. I said it twice lol. " Forecast? | |||
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" Forecast? " In your world it only rains so no need to ask for it. | |||
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"And GBP to Euro immediately jumps to 1.16" Wow, as high as that | |||
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" Forecast? In your world it only rains so no need to ask for it." I just want to clarify, are we taking notice of forecasts and estimates now?? | |||
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"I want it to stay low. great news from the BOE though " Would you prefer it to go lower then? | |||
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"Okay. I will say it one more time for you. BOE data come from real world experience data - consumer retail figures. Trading. Manufacturing output over the last month and three months. These arent let's take a guess - they are actual." Good to hear, I shall look forward to using forecasts and estimates in the future | |||
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"Anyway. Had my share of feeding trolls." Back to name calling? | |||
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"Yea but do remember that the Euro is .16 lower than GBP. How crap is that and so consistently too. " One pound sterling buys you 1.16 Euros. And 1.16 is more than 1. | |||
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"Anyway. Had my share of feeding trolls." In your opinion. | |||
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""Bank of England sees speedier COVID recovery and upgrades growth forecast - but holds interest rate". So good. I said it twice lol. " Good news though I've got a nice 5 year fixed rate mortgage so interest rates don't really matter much to me at the moment | |||
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""Bank of England sees speedier COVID recovery and upgrades growth forecast - but holds interest rate". So good. I said it twice lol. Good news though I've got a nice 5 year fixed rate mortgage so interest rates don't really matter much to me at the moment " | |||
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"Okay. I will say it one more time for you. BOE data come from real world experience data - consumer retail figures. Trading. Manufacturing output over the last month and three months. These arent let's take a guess - they are actual. Good to hear, I shall look forward to using forecasts and estimates in the future " Remoaners have only ever argued on forecasts about the disaster of leaving the EU funny how you have changed your tune! | |||
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"Okay. I will say it one more time for you. BOE data come from real world experience data - consumer retail figures. Trading. Manufacturing output over the last month and three months. These arent let's take a guess - they are actual. Good to hear, I shall look forward to using forecasts and estimates in the future Remoaners have only ever argued on forecasts about the disaster of leaving the EU funny how you have changed your tune!" Question? Can we rely on forecasts and estimates or not ?? | |||
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""Bank of England sees speedier COVID recovery and upgrades growth forecast - but holds interest rate". So good. I said it twice lol. Forecast? " Is Botis still in charge or has your forecast been wrong again | |||
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""Bank of England sees speedier COVID recovery and upgrades growth forecast - but holds interest rate". So good. I said it twice lol. Forecast? Is Botis still in charge or has your forecast been wrong again " Who is this ‘Botis’ character and what is he/she in charge off? | |||
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""Bank of England sees speedier COVID recovery and upgrades growth forecast - but holds interest rate". So good. I said it twice lol. Forecast? " This is quite amusing. Someone at some point says something and you hold on to it forever Forecasts are just that, Forecasts. By all means read them, listen to them, believe them or don't. Just always remember, it’s an estimate. | |||
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""Bank of England sees speedier COVID recovery and upgrades growth forecast - but holds interest rate". So good. I said it twice lol. Forecast? This is quite amusing. Someone at some point says something and you hold on to it forever Forecasts are just that, Forecasts. By all means read them, listen to them, believe them or don't. Just always remember, it’s an estimate." I know, that is exactly my point, I have been criticised on here in the past for using forecasts and estimates . | |||
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""Bank of England sees speedier COVID recovery and upgrades growth forecast - but holds interest rate". So good. I said it twice lol. Forecast? Is Botis still in charge or has your forecast been wrong again Who is this ‘Botis’ character and what is he/she in charge off? " Boris | |||
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""Bank of England sees speedier COVID recovery and upgrades growth forecast - but holds interest rate". So good. I said it twice lol. Forecast? Is Botis still in charge or has your forecast been wrong again Who is this ‘Botis’ character and what is he/she in charge off? Boris " He is still the PM, it is still 2021, will my prediction be correct? Time will tell | |||
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"I forecasted we would leave the EU - we did. I forecasted that Remoaners would remoan forever afterwards - they do. I forecast for the future that our economy - in light of real word figures - from the last month and month will increase to a point where even those above have to admit that the only way is up and that's great for the economy and jobs. I forecast that - for some - it will never be good enough in their constant race to the bottom. I also forecast that I won't give a crap what you answer " Here is a BOE forecast about Brexit https://www.bloomberg.com/news/articles/2021-01-06/boe-governor-bailey-warns-brexit-will-bring-big-economic-losses | |||
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" https://www.bloomberg.com/news/articles/2021-01-06/boe-governor-bailey-warns-brexit-will-bring-big-economic-losses " My forecast was spot-on. I don't give a crap what you answer. How about that for real world data? | |||
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" https://www.bloomberg.com/news/articles/2021-01-06/boe-governor-bailey-warns-brexit-will-bring-big-economic-losses My forecast was spot-on. I don't give a crap what you answer. How about that for real world data? " It was from the BOE? Either they are credible or they aren’t | |||
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" https://www.bloomberg.com/news/articles/2021-01-06/boe-governor-bailey-warns-brexit-will-bring-big-economic-losses My forecast was spot-on. I don't give a crap what you answer. How about that for real world data? It was from the BOE? Either they are credible or they aren’t " Its a quarter out of date though, don't you think we should be reviewing the latest data and estimates? | |||
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" https://www.bloomberg.com/news/articles/2021-01-06/boe-governor-bailey-warns-brexit-will-bring-big-economic-losses My forecast was spot-on. I don't give a crap what you answer. How about that for real world data? It was from the BOE? Either they are credible or they aren’t Its a quarter out of date though, don't you think we should be reviewing the latest data and estimates?" Fair enough, so they were wrong then but they might be right this time? | |||
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" https://www.bloomberg.com/news/articles/2021-01-06/boe-governor-bailey-warns-brexit-will-bring-big-economic-losses My forecast was spot-on. I don't give a crap what you answer. How about that for real world data? It was from the BOE? Either they are credible or they aren’t Its a quarter out of date though, don't you think we should be reviewing the latest data and estimates?" lmao! | |||
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" https://www.bloomberg.com/news/articles/2021-01-06/boe-governor-bailey-warns-brexit-will-bring-big-economic-losses My forecast was spot-on. I don't give a crap what you answer. How about that for real world data? It was from the BOE? Either they are credible or they aren’t Its a quarter out of date though, don't you think we should be reviewing the latest data and estimates? Fair enough, so they were wrong then but they might be right this time? " Were they wrong? I don't know. Can you even be wrong with an estimate? | |||
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" https://www.bloomberg.com/news/articles/2021-01-06/boe-governor-bailey-warns-brexit-will-bring-big-economic-losses My forecast was spot-on. I don't give a crap what you answer. How about that for real world data? It was from the BOE? Either they are credible or they aren’t Its a quarter out of date though, don't you think we should be reviewing the latest data and estimates? Fair enough, so they were wrong then but they might be right this time? Were they wrong? I don't know. Can you even be wrong with an estimate?" I am not sure, can you be right with an estimate? | |||
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" https://www.bloomberg.com/news/articles/2021-01-06/boe-governor-bailey-warns-brexit-will-bring-big-economic-losses My forecast was spot-on. I don't give a crap what you answer. How about that for real world data? It was from the BOE? Either they are credible or they aren’t Its a quarter out of date though, don't you think we should be reviewing the latest data and estimates? Fair enough, so they were wrong then but they might be right this time? Were they wrong? I don't know. Can you even be wrong with an estimate? I am not sure, can you be right with an estimate?" I see your usual standard of debate hasn't changed in the last day or so... | |||
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" https://www.bloomberg.com/news/articles/2021-01-06/boe-governor-bailey-warns-brexit-will-bring-big-economic-losses My forecast was spot-on. I don't give a crap what you answer. How about that for real world data? It was from the BOE? Either they are credible or they aren’t Its a quarter out of date though, don't you think we should be reviewing the latest data and estimates? Fair enough, so they were wrong then but they might be right this time? Were they wrong? I don't know. Can you even be wrong with an estimate? I am not sure, can you be right with an estimate? I see your usual standard of debate hasn't changed in the last day or so..." You asked a question and I honestly don’t know if an estimate can be wrong, I also don’t know if an estimate can be right. | |||
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" https://www.bloomberg.com/news/articles/2021-01-06/boe-governor-bailey-warns-brexit-will-bring-big-economic-losses My forecast was spot-on. I don't give a crap what you answer. How about that for real world data? It was from the BOE? Either they are credible or they aren’t Its a quarter out of date though, don't you think we should be reviewing the latest data and estimates? Fair enough, so they were wrong then but they might be right this time? Were they wrong? I don't know. Can you even be wrong with an estimate? I am not sure, can you be right with an estimate? I see your usual standard of debate hasn't changed in the last day or so... You asked a question and I honestly don’t know if an estimate can be wrong, I also don’t know if an estimate can be right. " Well obviously an estimate could turn out right or wrong but if it's wrong the argument will always be 'well it was only a guess' I'm not sure I should have to be explaining this to a grown man | |||
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" https://www.bloomberg.com/news/articles/2021-01-06/boe-governor-bailey-warns-brexit-will-bring-big-economic-losses My forecast was spot-on. I don't give a crap what you answer. How about that for real world data? It was from the BOE? Either they are credible or they aren’t Its a quarter out of date though, don't you think we should be reviewing the latest data and estimates? Fair enough, so they were wrong then but they might be right this time? Were they wrong? I don't know. Can you even be wrong with an estimate? I am not sure, can you be right with an estimate? I see your usual standard of debate hasn't changed in the last day or so... You asked a question and I honestly don’t know if an estimate can be wrong, I also don’t know if an estimate can be right. Well obviously an estimate could turn out right or wrong but if it's wrong the argument will always be 'well it was only a guess' I'm not sure I should have to be explaining this to a grown man" PMSL, you don’t have to explain anything . I think the BOE are credible and all their forecasts should be taken seriously. Their latest forecast is good news, unfortunately their other pre & post Brexit forecasts have been bad news | |||
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" I honestly don’t know if an estimate can be wrong, I also don’t know if an estimate can be right. " Really? You are saying that you don't know the answer to that question? Mind you why does that surprise me! | |||
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" https://www.bloomberg.com/news/articles/2021-01-06/boe-governor-bailey-warns-brexit-will-bring-big-economic-losses My forecast was spot-on. I don't give a crap what you answer. How about that for real world data? It was from the BOE? Either they are credible or they aren’t Its a quarter out of date though, don't you think we should be reviewing the latest data and estimates? Fair enough, so they were wrong then but they might be right this time? Were they wrong? I don't know. Can you even be wrong with an estimate? I am not sure, can you be right with an estimate? I see your usual standard of debate hasn't changed in the last day or so... You asked a question and I honestly don’t know if an estimate can be wrong, I also don’t know if an estimate can be right. Well obviously an estimate could turn out right or wrong but if it's wrong the argument will always be 'well it was only a guess' I'm not sure I should have to be explaining this to a grown man PMSL, you don’t have to explain anything . I think the BOE are credible and all their forecasts should be taken seriously. Their latest forecast is good news, unfortunately their other pre & post Brexit forecasts have been bad news " And mostly wrong. To be fair to them it's all guess work,there are over 50 million consumers in the uk they have to try and work out what each one will spend to make a forecast. It's a bit like a business doing a cashflow forecast, its guess work | |||
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" I honestly don’t know if an estimate can be wrong, I also don’t know if an estimate can be right. Really? You are saying that you don't know the answer to that question? Mind you why does that surprise me!" No, I really really don’t know the answer, I guess shorter doesn’t know if estimates can be wrong either hence them asking? It is a very tricky question . | |||
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" https://www.bloomberg.com/news/articles/2021-01-06/boe-governor-bailey-warns-brexit-will-bring-big-economic-losses My forecast was spot-on. I don't give a crap what you answer. How about that for real world data? It was from the BOE? Either they are credible or they aren’t Its a quarter out of date though, don't you think we should be reviewing the latest data and estimates? Fair enough, so they were wrong then but they might be right this time? Were they wrong? I don't know. Can you even be wrong with an estimate? I am not sure, can you be right with an estimate? I see your usual standard of debate hasn't changed in the last day or so... You asked a question and I honestly don’t know if an estimate can be wrong, I also don’t know if an estimate can be right. Well obviously an estimate could turn out right or wrong but if it's wrong the argument will always be 'well it was only a guess' I'm not sure I should have to be explaining this to a grown man PMSL, you don’t have to explain anything . I think the BOE are credible and all their forecasts should be taken seriously. Their latest forecast is good news, unfortunately their other pre & post Brexit forecasts have been bad news And mostly wrong. To be fair to them it's all guess work,there are over 50 million consumers in the uk they have to try and work out what each one will spend to make a forecast. It's a bit like a business doing a cashflow forecast, its guess work " Ah, so they shouldn’t be trusted then? | |||
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"This thread is getting more surreal by the moment. It's not the NHS that needs as much help as does the education system. " More insults? Standard | |||
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"Yea but do remember that the Euro is .16 lower than GBP. How crap is that and so consistently too. One pound sterling buys you 1.16 Euros. And 1.16 is more than 1 " O Dear. Read again. | |||
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" I honestly don’t know if an estimate can be wrong, I also don’t know if an estimate can be right. Really? You are saying that you don't know the answer to that question? Mind you why does that surprise me! No, I really really don’t know the answer, I guess shorter doesn’t know if estimates can be wrong either hence them asking? It is a very tricky question . " I know I explained it to you above. They can be both right an wrong but wrong will be passed off as a 'guess' | |||
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" I honestly don’t know if an estimate can be wrong, I also don’t know if an estimate can be right. Really? You are saying that you don't know the answer to that question? Mind you why does that surprise me! No, I really really don’t know the answer, I guess shorter doesn’t know if estimates can be wrong either hence them asking? It is a very tricky question . I know I explained it to you above. They can be both right an wrong but wrong will be passed off as a 'guess'" So they are guessing? Good to know | |||
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""Bank of England sees speedier COVID recovery and upgrades growth forecast - but holds interest rate". So good. I said it twice lol. " more good news | |||
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"This thread is getting more surreal by the moment. It's not the NHS that needs as much help as does the education system. " Judging by a total misunderstanding of world exchange rates by some on this site... I would suggest that you might be right lol | |||
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"This thread is getting more surreal by the moment. It's not the NHS that needs as much help as does the education system. Judging by a total misunderstanding of world exchange rates by some on this site... I would suggest that you might be right lol" | |||
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"This thread is getting more surreal by the moment. It's not the NHS that needs as much help as does the education system. Judging by a total misunderstanding of world exchange rates by some on this site... I would suggest that you might be right lol" Judging by the inability of some to properly follow a conversation and what is actually being said, I was spot on. | |||
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"Okay. Open your exercise books at page 9. And read from this real-world example: __________________________ Expectation against real-world FACT: "Next has raised its annual profit forecast again after sales during its first quarter beat the retail chain's expectations by £75m as coronavirus lockdowns eased." (Thursday 6th May 2021) ______________________________ Did Next *Expect* less and were proved to be wrong by the £75million increase against expectation? Answers on my desk just as soon as you are able. Remember no cheating and remove your socks if you run out of digits for counting. And start . . . . " | |||
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""Bank of England sees speedier COVID recovery and upgrades growth forecast - but holds interest rate". So good. I said it twice lol. " Yep good news again. Was reading it this afternoon on the bbc along with the trade and investment from India story | |||
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" https://www.bloomberg.com/news/articles/2021-01-06/boe-governor-bailey-warns-brexit-will-bring-big-economic-losses My forecast was spot-on. I don't give a crap what you answer. How about that for real world data? It was from the BOE? Either they are credible or they aren’t Its a quarter out of date though, don't you think we should be reviewing the latest data and estimates? Fair enough, so they were wrong then but they might be right this time? Were they wrong? I don't know. Can you even be wrong with an estimate? I am not sure, can you be right with an estimate? I see your usual standard of debate hasn't changed in the last day or so... You asked a question and I honestly don’t know if an estimate can be wrong, I also don’t know if an estimate can be right. Well obviously an estimate could turn out right or wrong but if it's wrong the argument will always be 'well it was only a guess' I'm not sure I should have to be explaining this to a grown man PMSL, you don’t have to explain anything . I think the BOE are credible and all their forecasts should be taken seriously. Their latest forecast is good news, unfortunately their other pre & post Brexit forecasts have been bad news And mostly wrong. To be fair to them it's all guess work,there are over 50 million consumers in the uk they have to try and work out what each one will spend to make a forecast. It's a bit like a business doing a cashflow forecast, its guess work Ah, so they shouldn’t be trusted then? " I take all forecasts with a large pinch of salt, remember all the forecasts of immediate recession following a leave vote ? Etc etc. Remember the forecast of the imf, world bank and oecd etc when the coalition came to power in 2010, all these "experts" predicted we would go into a serious decline, unemployment would soar, they were wrong, the only thing these experts can correctly predict is the size of the expense claims and bloated pensions. Of course BOTH sides use these predictions when it suits their argument. Easier to keep calm and carry on | |||
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" https://www.bloomberg.com/news/articles/2021-01-06/boe-governor-bailey-warns-brexit-will-bring-big-economic-losses My forecast was spot-on. I don't give a crap what you answer. How about that for real world data? It was from the BOE? Either they are credible or they aren’t Its a quarter out of date though, don't you think we should be reviewing the latest data and estimates? Fair enough, so they were wrong then but they might be right this time? Were they wrong? I don't know. Can you even be wrong with an estimate? I am not sure, can you be right with an estimate? I see your usual standard of debate hasn't changed in the last day or so... You asked a question and I honestly don’t know if an estimate can be wrong, I also don’t know if an estimate can be right. Well obviously an estimate could turn out right or wrong but if it's wrong the argument will always be 'well it was only a guess' I'm not sure I should have to be explaining this to a grown man PMSL, you don’t have to explain anything . I think the BOE are credible and all their forecasts should be taken seriously. Their latest forecast is good news, unfortunately their other pre & post Brexit forecasts have been bad news And mostly wrong. To be fair to them it's all guess work,there are over 50 million consumers in the uk they have to try and work out what each one will spend to make a forecast. It's a bit like a business doing a cashflow forecast, its guess work Ah, so they shouldn’t be trusted then? I take all forecasts with a large pinch of salt, remember all the forecasts of immediate recession following a leave vote ? Etc etc. Remember the forecast of the imf, world bank and oecd etc when the coalition came to power in 2010, all these "experts" predicted we would go into a serious decline, unemployment would soar, they were wrong, the only thing these experts can correctly predict is the size of the expense claims and bloated pensions. Of course BOTH sides use these predictions when it suits their argument. Easier to keep calm and carry on" It is a good point, at least I have now realised that if you make a prediction that proves to be incorrect you can just claim it was a guess, handy to know if Boris doesn’t leave this year | |||
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"Andrew Bailey. Brexit stalwart appointed as Governer of BoE in 2020. Brexiter announces that everything is going to be great. His forecast is based on consumers not actually spending money on online purchases over the last 12 months and instead assuming that consumers have “saved” £200 million in the last 12 months and will now spend it in the next 7 months. Here’s a small observation based on my local area and the people who I know... not a single person that I know has more spare cash now than they did 12 months ago and those who do have cash actually owe it to the Government." Well if they havent spent it on holidays, havent spent it in pubs and restaurants they must have saved it up, people are desperate to get out and have fun to make up for last year, | |||
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"I forecasted we would leave the EU - we did. I forecasted that Remoaners would remoan forever afterwards - they do. I forecast for the future that our economy - in light of real word figures - from the last month and month will increase to a point where even those above have to admit that the only way is up and that's great for the economy and jobs. I forecast that - for some - it will never be good enough in their constant race to the bottom. I also forecast that I won't give a crap what you answer " | |||
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"Andrew Bailey. Brexit stalwart appointed as Governer of BoE in 2020. Brexiter announces that everything is going to be great. His forecast is based on consumers not actually spending money on online purchases over the last 12 months and instead assuming that consumers have “saved” £200 million in the last 12 months and will now spend it in the next 7 months. Here’s a small observation based on my local area and the people who I know... not a single person that I know has more spare cash now than they did 12 months ago and those who do have cash actually owe it to the Government. Well if they havent spent it on holidays, havent spent it in pubs and restaurants they must have saved it up, people are desperate to get out and have fun to make up for last year, " . Where I live some people are saving up to £5000 a year on season tickets as a result of being able to work from home . A lot of people have been able to save a lot more money than normal during Covid 19. Another with investments or a pension fund or investments will have benefitted from a good financial performance over the last year. | |||
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