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"BoJo was picked as PM and the pound reacted negatively; it went down to 1.19 against the USD. The 6 defeats in row recently experienced by BoJo made the pound recover to 1.25 to the USD; that's a 5% increase on hopes of No Deal brexit. Would this be a reliable indicator on how significantly terrible is to leave the EU without a deal? Please share your thoughts. " Terrible for who? The more the pound drops against other currencies, the more money Johnson, Rees Mogg etc will make in pure profit from their currency and non GBP trading over the last three years. | |||
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"I don't think so. The value of the pound is dependent on currency speculators who buy and sell based on their own analysis and views of market strengths and other factors. The uncertainty, due to numerous extensions to article 50, is also a major factor. We need Brexit delivered. Sterling will recover significantly once we are out, whether that be with or without a deal, as those currency speculators will have better information available to them about our economy post-brexit" The uncertainty is only a factor on currency value when one of the outcomes is a negative. If the uncertainty is between two positive outcomes. There is no effect on the currency value. Your narrative is bog standard pro-brexit propaganda. | |||
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"I don't think so. The value of the pound is dependent on currency speculators who buy and sell based on their own analysis and views of market strengths and other factors. The uncertainty, due to numerous extensions to article 50, is also a major factor. We need Brexit delivered. Sterling will recover significantly once we are out, whether that be with or without a deal, as those currency speculators will have better information available to them about our economy post-brexit The uncertainty is only a factor on currency value when one of the outcomes is a negative. If the uncertainty is between two positive outcomes. There is no effect on the currency value. Your narrative is bog standard pro-brexit propaganda. " I'm afraid it is indeed slightly propagandistic. But feel free to add something more objective. The pair gbpusd is a reliable indicator and the +5% change on no deal hopes is a proof for everyone that no deal will harm our economy worringly bad. I'm sure Tories supporting no deal so passionately don't do it for the sake of UK's independence; FFS: we are already independent. They do it for prospect of having their pockets filled with commissions. | |||
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"I read today there's something like £15 billion already invested in shorting the pound. They're the people who will win from Brexit. Meanwhile, those of us who have to send money overseas on a regular basis are 25% worse off since the vote. " Exactly. It also affects those who retired to Spain, Portugal; their pensions are now 25% less after brexit.... Some of them, I'll informed, voted for brexit and are now suffering the consequences of it. | |||
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"Anyone that doesn't think the pound will tank with a no deal brexit is living in cloud cuckoo land. Even the current government think the pound will drop on a np deal brexit. Leave with a deal where we remain in the customs union and single market will see the pound recover quite a bit. Staying as we are in limbo will mean the pound will slowly creep down. Cancelling a50 will see the pound surge." Surge is the word, a what a surge it would be... | |||
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"I read today there's something like £15 billion already invested in shorting the pound. They're the people who will win from Brexit. Meanwhile, those of us who have to send money overseas on a regular basis are 25% worse off since the vote. Exactly. It also affects those who retired to Spain, Portugal; their pensions are now 25% less after brexit.... Some of them, I'll informed, voted for brexit and are now suffering the consequences of it. " That on its own would be funny. But the fact that we will all be worse off because ill informed people who believed the propaganda and voted out is sickening. | |||
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"If it was a company and it was stock prices going up and down as the CEO acted like Boris did, then they would have several investigations begin for stock manipulation and insider trading by now." True. There seems to be no fear of accountability. That type of behaviour is being promoted by the current Yankee administration; all the previous ones were doing their deals under the table but there was fear of accountability... Trompo and his band don't give a damm | |||
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". I used to import soo much back when £1 = $2.05." I remember those days  | |||
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"I read today there's something like £15 billion already invested in shorting the pound. They're the people who will win from Brexit. Meanwhile, those of us who have to send money overseas on a regular basis are 25% worse off since the vote. " Before the vote the pound V euro was roughly 1.3 closed today at 1.12, that is 14%, no wonder remoaners think things will be bad when your calculators need new batteries | |||
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"I read today there's something like £15 billion already invested in shorting the pound. They're the people who will win from Brexit. Meanwhile, those of us who have to send money overseas on a regular basis are 25% worse off since the vote. Exactly. It also affects those who retired to Spain, Portugal; their pensions are now 25% less after brexit.... Some of them, I'll informed, voted for brexit and are now suffering the consequences of it. That on its own would be funny. But the fact that we will all be worse off because ill informed people who believed the propaganda and voted out is sickening. " Your calculator needs new batteries aswell, youve fallen for the remain propaganda big time | |||
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". I used to import soo much back when £1 = $2.05. I remember those days "I'm a conservative but in all honesty: I miss those days too... | |||
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"I read today there's something like £15 billion already invested in shorting the pound. They're the people who will win from Brexit. Meanwhile, those of us who have to send money overseas on a regular basis are 25% worse off since the vote. Exactly. It also affects those who retired to Spain, Portugal; their pensions are now 25% less after brexit.... Some of them, I'll informed, voted for brexit and are now suffering the consequences of it. That on its own would be funny. But the fact that we will all be worse off because ill informed people who believed the propaganda and voted out is sickening. Your calculator needs new batteries aswell, youve fallen for the remain propaganda big time" There was no "remain propaganda". We were in the EU. We knew exactly how it was. | |||
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"I read today there's something like £15 billion already invested in shorting the pound. They're the people who will win from Brexit. Meanwhile, those of us who have to send money overseas on a regular basis are 25% worse off since the vote. Before the vote the pound V euro was roughly 1.3 closed today at 1.12, that is 14%, no wonder remoaners think things will be bad when your calculators need new batteries" Hiya... You woke up a bit grumpy today  I use my brain for simple calculations.
The pound started its downward trend from the moment David Cameron proposed the in/out referendum (November 2015); at the time, the pound was around 1.42 to the euro. Now, substract 1.07 which is prior to the six bojo defeats in a row (only a few days ago)... And you should get 25%.
Hope it helps! | |||
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"I read today there's something like £15 billion already invested in shorting the pound. They're the people who will win from Brexit. Meanwhile, those of us who have to send money overseas on a regular basis are 25% worse off since the vote. Exactly. It also affects those who retired to Spain, Portugal; their pensions are now 25% less after brexit.... Some of them, I'll informed, voted for brexit and are now suffering the consequences of it. That on its own would be funny. But the fact that we will all be worse off because ill informed people who believed the propaganda and voted out is sickening. Your calculator needs new batteries aswell, youve fallen for the remain propaganda big time There was no "remain propaganda". We were in the EU. We knew exactly how it was. " Good to see you are getting some practice in and starting to use past tense for our Eu status | |||
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"I read today there's something like £15 billion already invested in shorting the pound. They're the people who will win from Brexit. Meanwhile, those of us who have to send money overseas on a regular basis are 25% worse off since the vote. Before the vote the pound V euro was roughly 1.3 closed today at 1.12, that is 14%, no wonder remoaners think things will be bad when your calculators need new batteries Hiya... You woke up a bit grumpy today I use my brain for simple calculations.
The pound started its downward trend from the moment David Cameron proposed the in/out referendum (November 2015); at the time, the pound was around 1.42 to the euro. Now, substract 1.07 which is prior to the six bojo defeats in a row (only a few days ago)... And you should get 25%.
Hope it helps! "Tell you what lets go back to when the euro and pound were near parity years ago and say its gone up 12%. Heard a bit from Radio 4 the other day when a chap who admits to voting remain and wanted to remain was embarrassed by all the wild claims and said those making them are getting desperate as in his view very few of the doom predictions will be anywhere near true and they are afraid that we will go no deal and they will then look stupid, just like they did when the vote was to leave, | |||
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"I read today there's something like £15 billion already invested in shorting the pound. They're the people who will win from Brexit. Meanwhile, those of us who have to send money overseas on a regular basis are 25% worse off since the vote. Exactly. It also affects those who retired to Spain, Portugal; their pensions are now 25% less after brexit.... Some of them, I'll informed, voted for brexit and are now suffering the consequences of it. That on its own would be funny. But the fact that we will all be worse off because ill informed people who believed the propaganda and voted out is sickening. Your calculator needs new batteries aswell, youve fallen for the remain propaganda big time There was no "remain propaganda". We were in the EU. We knew exactly how it was. Good to see you are getting some practice in and starting to use past tense for our Eu status " Why is that good? | |||
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"BoJo was picked as PM and the pound reacted negatively; it went down to 1.19 against the USD. The 6 defeats in row recently experienced by BoJo made the pound recover to 1.25 to the USD; that's a 5% increase on hopes of No Deal brexit. Would this be a reliable indicator on how significantly terrible is to leave the EU without a deal? Please share your thoughts. " other way round...... the pound rose because they were effective at taking a no deal off the table.... if the UK leaves in the no deal situation i'd expect the pound and euro to be at parity at least.... | |||
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"I read today there's something like £15 billion already invested in shorting the pound. They're the people who will win from Brexit. Meanwhile, those of us who have to send money overseas on a regular basis are 25% worse off since the vote. Exactly. It also affects those who retired to Spain, Portugal; their pensions are now 25% less after brexit.... Some of them, I'll informed, voted for brexit and are now suffering the consequences of it. That on its own would be funny. But the fact that we will all be worse off because ill informed people who believed the propaganda and voted out is sickening. Your calculator needs new batteries aswell, youve fallen for the remain propaganda big time There was no "remain propaganda". We were in the EU. We knew exactly how it was. Good to see you are getting some practice in and starting to use past tense for our Eu status Why is that good?" Don’t over think it ...just take the acknowledgement and be happy  | |||
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"I read today there's something like £15 billion already invested in shorting the pound. They're the people who will win from Brexit. Meanwhile, those of us who have to send money overseas on a regular basis are 25% worse off since the vote. Exactly. It also affects those who retired to Spain, Portugal; their pensions are now 25% less after brexit.... Some of them, I'll informed, voted for brexit and are now suffering the consequences of it. That on its own would be funny. But the fact that we will all be worse off because ill informed people who believed the propaganda and voted out is sickening. Your calculator needs new batteries aswell, youve fallen for the remain propaganda big time There was no "remain propaganda". We were in the EU. We knew exactly how it was. Good to see you are getting some practice in and starting to use past tense for our Eu status Why is that good? Don’t over think it ...just take the acknowledgement and be happy "I have absolutely zero opinion on you acknowledging that I used the past tense in the correct context in a sentence. | |||
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"I read today there's something like £15 billion already invested in shorting the pound. They're the people who will win from Brexit. Meanwhile, those of us who have to send money overseas on a regular basis are 25% worse off since the vote. Exactly. It also affects those who retired to Spain, Portugal; their pensions are now 25% less after brexit.... Some of them, I'll informed, voted for brexit and are now suffering the consequences of it. That on its own would be funny. But the fact that we will all be worse off because ill informed people who believed the propaganda and voted out is sickening. Your calculator needs new batteries aswell, youve fallen for the remain propaganda big time There was no "remain propaganda". We were in the EU. We knew exactly how it was. Good to see you are getting some practice in and starting to use past tense for our Eu status Why is that good? Don’t over think it ...just take the acknowledgement and be happy
I have absolutely zero opinion on you acknowledging that I used the past tense in the correct context in a sentence.
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"Brexit is the new religion. It does not matter what nonbelievers say or point to they will not shake the true believers faith. And if the nonbeliever threaten the true faith too much then the faithful will defend and prove their faith with blood if necessary." Very fun Will you are so dark.Go out into the world you will find people just get on with there lives.The idiots will be bored in a year or to | |||
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"BoJo was picked as PM and the pound reacted negatively; it went down to 1.19 against the USD. The 6 defeats in row recently experienced by BoJo made the pound recover to 1.25 to the USD; that's a 5% increase on hopes of No Deal brexit. Would this be a reliable indicator on how significantly terrible is to leave the EU without a deal? Please share your thoughts. other way round...... the pound rose because they were effective at taking a no deal off the table.... if the UK leaves in the no deal situation i'd expect the pound and euro to be at parity at least.... " Well, that's the possitive outcome we are being feed from the media... 50-75 cents to the euro is possible too. | |||
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"It's an indicator, as all substantial predictions show no deal to be the worst outcome. Rates are dependent on demand, expert predictions and other factors. It's also relative to other funds and you'll hate to infer the interpretations yourself. " | |||
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"Brexit is the new religion. It does not matter what nonbelievers say or point to they will not shake the true believers faith. And if the nonbeliever threaten the true faith too much then the faithful will defend and prove their faith with blood if necessary.Very fun Will you are so dark.Go out into the world you will find people just get on with there lives.The idiots will be bored in a year or to" He has a point. There's a bit of a brexit religion, like there's people believing global warming is fake, like there's others that don't believe in Darwin's evolution. | |||
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"I don't think so. The value of the pound is dependent on currency speculators who buy and sell based on their own analysis and views of market strengths and other factors. The uncertainty, due to numerous extensions to article 50, is also a major factor. We need Brexit delivered. Sterling will recover significantly once we are out, whether that be with or without a deal, as those currency speculators will have better information available to them about our economy post-brexit" A No Deal Brexit will see the value of sterling plummet. Why do it say that? Because the speculators are shorting the pound. To the tune of billions | |||
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"Anyone that doesn't think the pound will tank with a no deal brexit is living in cloud cuckoo land. Even the current government think the pound will drop on a np deal brexit. Leave with a deal where we remain in the customs union and single market will see the pound recover quite a bit. Staying as we are in limbo will mean the pound will slowly creep down. Cancelling a50 will see the pound surge." The pound dropped by 30% in the 2 to 3 years after we joined. | |||
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" There was no "remain propaganda". We were in the EU. We knew exactly how it was. " There most certainly was remain propaganda. What about the government's brexit leaflet which said that leaving the EU would mean leaving the single market? Total nonsense and another example of project fear - said every brexiter ever | |||
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"Anyone that doesn't think the pound will tank with a no deal brexit is living in cloud cuckoo land. Even the current government think the pound will drop on a np deal brexit. Leave with a deal where we remain in the customs union and single market will see the pound recover quite a bit. Staying as we are in limbo will mean the pound will slowly creep down. Cancelling a50 will see the pound surge. The pound dropped by 30% in the 2 to 3 years after we joined." You say this as if it was joining the EEC that caused the pound to drop. The western world recession caused by the oil crisis had nothing to do with it then, it was just joining the EEC We've had this conversation a few times now and yet it still gets dragged out to be used as something to blame being a member of the EEC. | |||
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"Crazy how the GBP was once one of the strongest world currencies under a Labour Government, and how it's been on the decline ever since Tories took over. I used to import soo much back when £1 = $2.05." Apart from that time a Labour chancellos devalued it of course. 8th November 1967, Harold Wilson's government devalued the pound by 14.3% | |||
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"Anyone that doesn't think the pound will tank with a no deal brexit is living in cloud cuckoo land. Even the current government think the pound will drop on a np deal brexit. Leave with a deal where we remain in the customs union and single market will see the pound recover quite a bit. Staying as we are in limbo will mean the pound will slowly creep down. Cancelling a50 will see the pound surge. The pound dropped by 30% in the 2 to 3 years after we joined. You say this as if it was joining the EEC that caused the pound to drop. The western world recession caused by the oil crisis had nothing to do with it then, it was just joining the EEC We've had this conversation a few times now and yet it still gets dragged out to be used as something to blame being a member of the EEC. " Funny really, you blame the drop on the western world recession - and yet it dropped 30% against, guess what? - other western world currencies. And yet, while we were in recession inflation tripled to 26%. Must have been a very strange coincidence for all that to have happened just after we joined. I'm not saying it was all down to that, but neither was none of it down to that. | |||
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"Anyone that doesn't think the pound will tank with a no deal brexit is living in cloud cuckoo land. Even the current government think the pound will drop on a np deal brexit. Leave with a deal where we remain in the customs union and single market will see the pound recover quite a bit. Staying as we are in limbo will mean the pound will slowly creep down. Cancelling a50 will see the pound surge. The pound dropped by 30% in the 2 to 3 years after we joined. You say this as if it was joining the EEC that caused the pound to drop. The western world recession caused by the oil crisis had nothing to do with it then, it was just joining the EEC We've had this conversation a few times now and yet it still gets dragged out to be used as something to blame being a member of the EEC. Funny really, you blame the drop on the western world recession - and yet it dropped 30% against, guess what? - other western world currencies. And yet, while we were in recession inflation tripled to 26%. Must have been a very strange coincidence for all that to have happened just after we joined. I'm not saying it was all down to that, but neither was none of it down to that." So how do you associate inflation of 26% to being a member of the EEC? Here, I'll help you out and I'll quote what's easily available on't tinternet... " In the 1970s, we see inflation rising to double figures and reaching over 25%. This inflation was due to rising oil prices (oil prices tripled in the 1970s). There was also inflation due to rising wages. Unions were relatively powerful and were bargaining for higher wages to keep up with the rising cost of living – causing a wage-inflationary spiral. " Like I said before, if we do actually leave the EU, who the fuck will you blame then | |||
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"Anyone that doesn't think the pound will tank with a no deal brexit is living in cloud cuckoo land. Even the current government think the pound will drop on a np deal brexit. Leave with a deal where we remain in the customs union and single market will see the pound recover quite a bit. Staying as we are in limbo will mean the pound will slowly creep down. Cancelling a50 will see the pound surge. The pound dropped by 30% in the 2 to 3 years after we joined. You say this as if it was joining the EEC that caused the pound to drop. The western world recession caused by the oil crisis had nothing to do with it then, it was just joining the EEC We've had this conversation a few times now and yet it still gets dragged out to be used as something to blame being a member of the EEC. Funny really, you blame the drop on the western world recession - and yet it dropped 30% against, guess what? - other western world currencies. And yet, while we were in recession inflation tripled to 26%. Must have been a very strange coincidence for all that to have happened just after we joined. I'm not saying it was all down to that, but neither was none of it down to that. So how do you associate inflation of 26% to being a member of the EEC? Here, I'll help you out and I'll quote what's easily available on't tinternet... In the 1970s, we see inflation rising to double figures and reaching over 25%. This inflation was due to rising oil prices (oil prices tripled in the 1970s). There was also inflation due to rising wages. Unions were relatively powerful and were bargaining for higher wages to keep up with the rising cost of living – causing a wage-inflationary spiral. Like I said before, if we do actually leave the EU, who the fuck will you blame then "Butter and dairy products quadrupled between 1974 and 1978, a direct result of the CAP, (a direct result of joining the EEC) and no longer being able to buy cheap butter from New Zealand. I remember the all-powerful unions. Strikes for more pay because people's wages weren't keeping up with inflation. Like I've said to you before, I don't blame the EU for everything, but neither is the EU the cure for all ills and the land of milk and honey you claim it to be. | |||
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"Anyone that doesn't think the pound will tank with a no deal brexit is living in cloud cuckoo land. Even the current government think the pound will drop on a np deal brexit. Leave with a deal where we remain in the customs union and single market will see the pound recover quite a bit. Staying as we are in limbo will mean the pound will slowly creep down. Cancelling a50 will see the pound surge. The pound dropped by 30% in the 2 to 3 years after we joined. You say this as if it was joining the EEC that caused the pound to drop. The western world recession caused by the oil crisis had nothing to do with it then, it was just joining the EEC We've had this conversation a few times now and yet it still gets dragged out to be used as something to blame being a member of the EEC. Funny really, you blame the drop on the western world recession - and yet it dropped 30% against, guess what? - other western world currencies. And yet, while we were in recession inflation tripled to 26%. Must have been a very strange coincidence for all that to have happened just after we joined. I'm not saying it was all down to that, but neither was none of it down to that. So how do you associate inflation of 26% to being a member of the EEC? Here, I'll help you out and I'll quote what's easily available on't tinternet... In the 1970s, we see inflation rising to double figures and reaching over 25%. This inflation was due to rising oil prices (oil prices tripled in the 1970s). There was also inflation due to rising wages. Unions were relatively powerful and were bargaining for higher wages to keep up with the rising cost of living – causing a wage-inflationary spiral. Like I said before, if we do actually leave the EU, who the fuck will you blame then
Butter and dairy products quadrupled between 1974 and 1978, a direct result of the CAP, (a direct result of joining the EEC) and no longer being able to buy cheap butter from New Zealand.
I remember the all-powerful unions. Strikes for more pay because people's wages weren't keeping up with inflation.
Like I've said to you before, I don't blame the EU for everything, but neither is the EU the cure for all ills and the land of milk and honey you claim it to be.
"I've never said the EU is great at all. I've been extremely consistent by saying the EU has its negatives for sure but I believe the positives outweighs the negatives in being a member for our economy and citizens rights. | |||
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"Jesus, if we do actually leave the EU, who the fuck are people going to blame then for everything " solar wind? | |||
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