[Merged]Brexit stuff

[_V_]

When the government makes its next issue of gilts the international investing community can refuse to buy them.

In which case, the BoE can print £££££ and buy them anyway, pushing down the yields even further.

There's nothing we can't have if we print money.

[original PM]

A good read. And whilst you might jest I do feel my identity being eroded in circumstance beyond my control. It's terribly sad this situation could occur in the circumstances in which it did.


I'm being stripped of my citizenship – along with 65 million others



"That's because a Government supported by only 20% of UK adults got to have total control of the UK Parliament on the basis of FPTP, (and even being down to just 1 seat in a large constituent part of the UK), having an unelected PM who stated a decade ago that Brown had no democratic right to be PM as he was appointed on the same basis; and her government is largely comprised of people who admitted lying to the UK citizenship during the recent referendum. It is a coup d'etat that would make numerous dictators blush and the thought of how they had grabbed power. Now she intends (with no other opinion to be allowed within her government, and especially not Parliament) to move the UK even further to the right than it was under the obnoxious Osborne, whilst proclaiming "This won't hurt."

So this fookin snowflake is all upset because he didn't get his own way.

Here's a tip for him, fook off and grow a pair of balls you entitled tw@

[scooterscot]

So this fookin snowflake is all upset because he didn't get his own way.

Here's a tip for him, fook off and grow a pair of balls you entitled tw@

And his opinion somehow makes personal attacks justified?

What interesting times we live in.

[scooterscot]

There's nothing we can't have if we print money.

Just off to buy a loaf of bread lover...

[_V_]

https://www.theguardian.com/business...interest-rates

• A cut in official interest rates to 0.25%, the first such move since March 2009;

• Plans to pump an additional £60bn in electronic cash into the economy to buy government bonds, extending the existing quantitative easing (QE) programme to £435bn in total;

• Another £10bn in electronic cash to buy corporate bonds from firms “making a material contribution to the UK economy”;

• As much as £100bn of new funding to banks to help them pass on the base rate cut. Under this new “term funding scheme” (TFS) the Bank will create new money to provide loans to banks at interest rates close to the base rate of 0.25%. The scheme will charge a penalty rate if banks do not lend;

And most importantly, a free wheel-barrow for every man woman and child will be supplied.

[stek]

Well said

Technically you are not considered an EU citizen under EU law until you exercise a treaty right so the vast majority of UK citizens are not EU citizens anyway.

[original PM]

And his opinion somehow makes personal attacks justified?

What interesting times we live in.

He spouts his opinion as if it is completey true and without any room for discussion.

He is so clearly used to everything in his world being exactly how he wants it and if it is not he cam get someone to change it.

He was always if the assumption that because he thought it was right then so should everyone else
And those that didn't would be the plebs mummy and daddy have told him about so no need to worry about their opinions.

The 52 % of the country turned out to not agree with him and that has shaken his entitled white bread world as he now realises his parents have been lying to him about how the world really is.

And he can't deal with that.

[GB9]

Good morning fellow citizens of England, Scotland, Wales and Northern Ireland. And the moaners, most of whom are elsewhere in countries in Europe. (Europe still isn't a country btw).

Question: the IMF thought that Sterling should be devalued by 15% to balance our economy. It now is. Why is the IMF wrong? (I think they are muppets but that's by beside the point).

Question: when the £:EUR hit 1.05 in 2009 we didn't get significantly worse off then. Why is it different now?

Question: if 10% tariffs are applied to imports and exports to the EU and the £ has fallen against the EUR, who is most likely to benefit and who is most likely to lose out, given that the cost of GB goods in the EU will be roughly the same and cost of EUR goods in the UK will be 20% higher?

Please write your answers neatly. You may use scrap paper but calculators are not permitted.

[scooterscot]

Question: when the £:EUR hit 1.05 in 2009 we didn't get significantly worse off then. Why is it different now?

Why? Vey simple, the pound won't be 'rebounding' in 2-weeks time.

In 2009 sterling touched 1.07 against the euro and only stayed there for a matter of days. Watch now what happens when it stays there for months

No corner of the earth will be immune from the screams.

[ClothCap]

Bremoaners - save your breath. We who voted out have no control over the future. The government called the vote and got the answer. It may be the wrong answer in short term economic terms but there you go.

If camoron had thought it through and come up with a plan B we might have more certainty.

But he didn't and now has left us in a bit of a pickle. So government created the mess, government has to sort it out.

I'd love to help but it seem I can't.

So should he have gone to the country? If you think yes but don't like the result (and lack of planning) then camoron is to blame. If you think no then camoron is to blame.

Sorry but this is where we are now.