Reply to: Investors pull billions from UK on prospect of no-deal Brexit

[sasguru]

Why is it you think everyone smarter than you is a cretin?

I don't.
HTH, BIDI.

[WTFH]

Interesting link by Mordac to “Expert Investor Europe”

They are experts and therefore don’t consider they need to cover minor European economies like the UK.

[BABABlackSheep]

Interesting thread.

I’ve reduced my position in larger UK(FTSE) Funds/Trusts, and sold smaller companies so more cash(around 20%) in portfolio. Waiting to see post-Brexit. DYOR.

Housing. Appears to be a bubble in Spain. Hard to sell. Got in -laws there.

[DimPrawn]

A witch?

No, a remoaner

[AtW]

Why is it you think everyone smarter than you is a cretin? Is cretin the ceiling of your aspiration? Anyway, I'll take it as a compliment, I just pulled something out of my pond which had more cognitive ability than you. Shame it was dead...

A witch?

[Mordac]

He's basically a cretin.

Why is it you think everyone smarter than you is a cretin? Is cretin the ceiling of your aspiration? Anyway, I'll take it as a compliment, I just pulled something out of my pond which had more cognitive ability than you. Shame it was dead...

[BrilloPad]

Anglo-Portuguese Treaty of 1373 - Wikipedia

So about time we had a new one then.....

[PCTNN]

Ok then I guess I'll just have to check which of those countries have the least amount of british immigrants and pick that one.

[Mordac]

Curious to know from where you got that conclusion...

Among others:
Doomed: How There's No Way Out Of The Debt Crisis For Italy

Forget Brexit, there's something far more worrying afoot in Europe: Italy's debt problem. It's on course to spark an existential crisis for Europe's single currency area, the eurozone.

While the European Union will aim to fix the problem it looks like they'll be no escape from the coming calamity, experts say.

"[...] it does seem a matter of ‘when’ rather than ‘if’ – another full-blown sovereign debt panic will happen," states a recent report from London-based financial firm TS Lombard. The report continues bluntly:

The bottom line is that as and when a serious new crisis blows up, the Italian government is positioning itself to demonstrate to its voters that it has not sought to leave the Eurozone, but rather that the Eurozone is leaving Italy.


In other words, Italy's government is gearing up to inform the European Union it has had enough. Then the ruling parties will tell Italy's population that the EU is to blame for everything.

When that happens -- TS Lombard is correct that it is all but guaranteed -- a financial Tsunami will hit stock markets across the world.

Seasoned market observers may remember the Greek crisis of a decade ago. This will be the same only far bigger because Italy's economy, the eighth largest in the world, is approximately 10 times as big as Greece's.

Is another European debt crisis around the corner? | Expert Investor Europe

“The fundamentals in many European countries are still relatively weak,” said Michael Leithead, head of fixed income at EFG Asset Management. “Spain is still running an excessive deficit, as is France.”

France, the second-largest economy in Europe, received a ticking off from Brussels last month, warning that its planned debt reduction in 2019 did not meet previous EU agreements. Spain and Portugal also received similar notes of warning.

“The approach that European governments have taken to the problem [of missing EU budget forecasts] has been to promise to make structural adjustments further down the line,” Leithead said.

I've put the scary bits in bold for you. HTH.

[scooterscot]

All three of those are in serious danger of crashing Greece-style, so I'd wait until one of them actually happens, and pick up a bargain.

How do you figure? You really need to stop reading the daily wail and listening to Piers Morgan. In regards to Greece, like Iceland they've taken the medicine and from feet on the ground I'm seeing a country with a lost 10-15 years now developing, opportunities plenty, and very friendly people who always have time for you.


Portugal’s Rating Outlook Changed to Positive by Moody’s

The outlook on Portugal’s government bond rating was changed to positive by Moody’s Investors Service on a continued decline in the government’s debt burden and sustained improvements in the banking sector.

Portugal’s bright outlook offers Europe some hope

The alliance between Mr Costa’s Socialist Party (PS) and further left groups such as the anti-establishment Left Bloc was considered tenuous when it was forged in 2015. Yet in stark contrast to Italy, the coalition has remained both stable and functional, presiding over a general uptick in Portugal’s fortunes. Public sector wages have returned to pre-crisis levels, while the country’s budget deficit could reach zero by the end of this year. Unemployment has halved to 6.7 per cent, compared to around 14 per cent in neighbouring Spain, which has undergone its own recovery. Portugal’s low crime rate and welcoming atmosphere have been a boon, appealing to both immigrants and external investors.

Takes the intellectual left to sort out the mess of the right. History repeating.

[AtW]

Out of a clowns hat probably. Out of the 3, only Italy are doing tulip, in fact Spain and Portugal are doing better than the UK at the moment, I wonder why?

Rioja and Port

HTH

[darmstadt]

Curious to know from where you got that conclusion...

Out of a clowns hat probably. Out of the 3, only Italy are doing tulip, in fact Spain and Portugal are doing better than the UK at the moment, I wonder why?

[CryingSheep]

He's basically a cretin.

Ahhh... That would make much more sense...

[sasguru]

Curious to know from where you got that conclusion...

He's basically a cretin.

[DimPrawn]

I wouldn't know about that and can't be bothered to google. But I find it on the Iberian peninsula is not one big country. I have heard the Portuguese are vicious bar stewards - maybe that explains it. Whenever I visited they all seemed nice to me.

Anglo-Portuguese Treaty of 1373 - Wikipedia