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Food prices plummet

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    #31
    Originally posted by jamesbrown View Post
    One of you is overstating it slightly and one understating it, but it doesn't really matter that much

    Cable always overshoots; 1.72 was a very temporary top and 1.2 would be a very temporary bottom (IMO). I reckon the stable Cable, so to speak, is around 1.5 without Brexit and 1.3 with Brexit, so around 15%. However, the trade-weighted index is more important in many ways and this index has declined much less (although still at a multi-year low).
    The problem is pound was 5$ long time ago and its in constant long term decline. And now it's fall has been accelerated. Thats how british are losing power.

    http://www.bloomberg.com/news/articl...-of-debasement

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      #32
      Originally posted by diseasex View Post
      The problem is pound was 5$ long time ago and its in constant decline. And now it's fall has been accelerated. Thats how british are losing power.
      Nice word collage.

      JFC, you should take a step back and listen to yourself. A little critical self-reflection. I'm sure you're a decent chap in reality, but your online persona is seriously fecking vacuous, to the point that I wonder whether SasCretin is involved.

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        #33
        Originally posted by jamesbrown View Post
        Nice word collage.

        JFC, you should take a step back and listen to yourself. A little critical self-reflection. I'm sure you're a decent chap in reality, but your online persona is seriously fecking vacuous, to the point that I wonder whether SasCretin is involved.
        Obviously you insult me because you're thick. You have no arguments, and yet you are shouting loud.

        Most of my friends that voted brexit already changed their mind seeing "it wasn't as promised".
        I suggest you rethink your position too.

        I'm giving you articles, points, arguments and all you do is insult me.

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          #34
          Originally posted by jamesbrown View Post
          One of you is overstating it slightly and one understating it, but it doesn't really matter that much

          Cable always overshoots; 1.72 was a very temporary top and 1.2 would be a very temporary bottom (IMO). I reckon the stable Cable, so to speak, is around 1.5 without Brexit and 1.3 with Brexit, so around 15%. However, the trade-weighted index is more important in many ways and this index has declined much less (although still at a multi-year low).
          Macro-economic effects will follow with lag, by Q1 2017 the economy will shrinking even in sterling terms.

          Comment


            #35
            Originally posted by AtW View Post
            Ok, with Brexit it won't be possible to buy house in France and retire there - unless freedom of movement is signed up to. It will be like with USA now - easy to travel as a tourist, but try going there to live or work.
            I can buy a house in any country in the world and work if you fill in the right paperwork, if I want to go to new Zealand or Australia I have to jump through Hoops but I can still do it, it will be the same for France. for the few that might do this its not a reason for staying in Europe.

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              #36
              Originally posted by diseasex View Post
              arguments


              No, you insert links, ex post, when you realise you have no argument.

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                #37
                Originally posted by jamesbrown View Post


                No, you insert links, ex post, when you realise you have no argument.

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                  #38
                  Originally posted by Support Monkey View Post
                  I can buy a house in any country in the world and work if you fill in the right paperwork, if I want to go to new Zealand or Australia I have to jump through Hoops but I can still do it, it will be the same for France. for the few that might do this its not a reason for staying in Europe.
                  Yeah, France will be just the same as New Zealand and Australia

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                    #39
                    Originally posted by AtW View Post
                    Macro-economic effects will follow with lag, by Q1 2017 the economy will shrinking even in sterling terms.
                    Inevitably. Consumer confidence will take an immediate hit, and lagging indicators, such as GDP and inflation, will take a significant hit towards the end of this year and next year. House prices will fall somewhat. Redundancies will increase and wages will decline. Oil prices will also decline. Interest rates are likely to decline, slightly, and QE to expand, barring a Sterling crisis (which is quite unlikely). You won't have found me arguing to the contrary, pre-referendum. There will be short/medium-term impacts.

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                      #40
                      Originally posted by diseasex View Post
                      Obviously you insult me because you're thick. You have no arguments, and yet you are shouting loud.

                      Most of my friends that voted brexit already changed their mind seeing "it wasn't as promised".
                      I suggest you rethink your position too.

                      I'm giving you articles, points, arguments and all you do is insult me.
                      I didn't see him insult you.

                      You just come across as very angry.

                      Comment

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