Britain enters "IMF rules" in exchange for bailout

**DimPrawn** · 1 December 2016, 11:04

God you're a cheery one aren't you?

**sasguru** · 1 December 2016, 11:06

Originally posted by DimPrawn View Post

God you're a cheery one aren't you?

I prefer the description "realistic"

**vetran** · 1 December 2016, 11:08

Originally posted by sasguru View Post

I prefer the description "realistic"

We prefer the description "Saddo".

**shaunbhoy** · 1 December 2016, 11:11

Originally posted by DimPrawn View Post

God you're a cheery one aren't you?

Well bearing in mind he has been wrong on virtually every stance he has taken on practically every topic, his current dreary economic predictions ARE cheery!
Just remember "Dunning-Kruger" before reading any of his drivel.

**sasguru** · 1 December 2016, 11:19

Goverment debt at record levels and rising fast.
Personal debt at record levels and rising fast.
Twin deficits at record levels and growing.
Pound falling and will fall further on Article 50.
Possible hard Brexit leading to tariffs on trade with main trading partner.
Possible loss of passporting rights for the country's biggest industry.

You can see where this is going

Unless you live in Brexit La-la land, of course

**DimPrawn** · 1 December 2016, 11:22

Originally posted by sasguru View Post

Goverment debt at record levels and rising fast.
Personal debt at record levels and rising fast.
Twin deficits at record levels and growing.
Pound falling and will fall further on Article 50.
Possible hard Brexit leading to tariffs on trade with main trading partner.
Possible loss of passporting rights for the country's biggest industry.

You can see where this is going

Unless you live in Brexit La-la land, of course

Pound is making a strong recovery, manufacturing PMI is above 53. FTSE stable and above 6700. Looking good.

**vetran** · 1 December 2016, 11:26

Originally posted by sasguru View Post

Unless you live in Brexit La-la land, of course

That like Bongo Bongo Land?

**sasguru** · 1 December 2016, 11:29

Originally posted by DimPrawn View Post

Pound is making a strong recovery, manufacturing PMI is above 53. FTSE stable and above 6700. Looking good.

Yeah there's a layer of froth on the giant turd underneath.
But then of course the fundamentals don't really matter, do they, provided QE is raising the indexes.

Pound makes strong recovery after Davies hints at single market access.
Followed next month by Pound falls hugely as Liam Fox hints at WTO terms.

Doh!

Britain enters "IMF rules" in exchange for bailout