Brexited | the worst threads live the longest

Do you think there will be a Deal or No Deal?


  • Total voters
    194
  • Poll closed .
Is Scotlands economy strong enough to pass the tests required for entry to the EU?
 
Is Scotlands economy strong enough to pass the tests required for entry to the EU?
As it is No.
It currently has a 9% deficit GDP ratio. The limit is 3% of GDP. Also, inflation in the UK will exceed 2.5% in the next 12 months. But for political reasons, the EU is always flexible with these things which is counterproductive.
 
Last edited:
They're somewhat flexible with that 3% these days- seem to remember Germany busting it a while back.
 
While I agree their will be an inflation shock before next summer and running higher than usual inflation for a few years as a results of leaving.

Incorrect. Thats just wrong. As I said, I have seen the workings of currency hedging by several giant transnational corps.
They hedge for everything from Yen and Yuan to Rupee and Rand. Which means they (mostly) deal in one of the two local currencies especilly the ones like unilever.

This is just absurd like your %age calculation from a couple of months back.

Think this through for a while and you might figure out that this doesnt even mean anything.

Think you have very little idea what you are talking about - you're the expert who's spent a few summer months faffing about with currencies, right ok , don't listen to experts as per your advice. PS my business was not oil.
 
Think you have very little idea what you are talking about - you're the expert who's spent a few summer months faffing about with currencies, right ok , don't listen to experts as per your advice.
Paid (highly so) internship on a currency desk at the biggest investment bank in london, Yes. Thats what we call it in literate people speak.

Its far more credible than someone who cant do 5th grade maths. :lol: And yes most "doom n gloom" remain experts are exactly like you, who cant do simple math but talk shit all the time.

PS my business was not oil.
Seems like you cant read properly as well. Read my post again, I said "like oil", not oil.

Darn you really are tedious to explain things to.
 
Last edited:
Paid (highly so) internship on a currency desk at the biggest investment bank in london, Yes. Thats what we call it in literate people speak.

Its far more credible than someone who cant do 5th grade maths. :lol: And yes most "doom n gloom" remain experts are exactly like you, who cant do simple math but talk shit all the time.

Seems like you cant read properly as well. Read my post again, I said "like oil", not oil.

Darn you really are tedious to explain things to.

Ooh an internship! You have understood none of the posts I made and by your previous posts in this thread you have understood very little of what other posters have said or what's going on around you.
Just hope that the institution you work for have not been running any Sterling risk over the past 11 months.

Typical person who realises they are wrong and start hurling insults. Grow up little boy
 
They can consider whatever they want. Its up to the EU to decide whether to accept or not
To be fair, UK paying billions just for Bank's passporting is a great deal for the EU and a horrible one for us.
 
To be fair, UK paying billions just for Bank's passporting is a great deal for the EU and a horrible one for us.

Well it depends how the individual 27 EU countries sees it. Some treasure their freedom of movement dearly and they wouldn't like the UK to be able to cherry pick the deals they want even though they will have to pay money for it. Others may be salivating at the prospect of a decent number of companies from that sector pitching camp in their own country instead. Others might be asking if that would set a precedent. Would other non European countries like the US, Canada and China start asking access to financial passporting now too?

I think that the UK would have a better chance of getting the deal if it applies for an off the shelf solution instead (ex EEA entrance or the Swiss model). Unfortunately both have freedom of movement incorporated in it and I doubt May can keep its strong xenophobic minority under control to get that.
 
Last edited:
CuwPfxaWYAA4n83.jpg
 
It would be a greater say than the Commons could have received on TTIP, were we a member of the EU. Or similarly in the case of the Lisbon Treaty.
 
I don't know why but reading all these articles from the economic ministers discussing inflation recently I get the eerie feeling of hearing pretty much the same dog whistle talk before the subprime housing crisis in the US. I'm not as well versed in economics either but my mom is a hedge fund analyst and she kind of gave me a very shaky answer when I spoke to her too.
 
I was listening to a report which categorised the main drivers behind inflation in 2016 a little earlier, and foremost among them was hotel pricing. Yet with our good summer and depreciated currency, it could be said that this has merely been the sector reacting to the level of demand out there.
 
The main drivers of inflation form the figures released today were, petrol and clothing. No material impact of the weakening pound on inflation yet, but inevitable in the coming months.
 
"Ratify" a deal where there will be no other alternative because its too late. Great.

Absolutely. The sequence of events just won't sink in for people. It didn't before the referendum and it hasn't now.

The EU will not negotiate before article 50. Once we have invoked article 50 it is irrevocable, we have to leave, although we do have two years to agree terms, if the EU are willing to, that is.
Parliament's only choice will be whether to ratify any agreement as negotiated, or whether to leave without one, and submit to all that entails.

All May can do now is to decide what terms she will be asking for after invoking the article, which will be neither here nor there anyway if the EU dismiss them as without interest.
 
The main drivers of inflation form the figures released today were, petrol and clothing. No material impact of the weakening pound on inflation yet, but inevitable in the coming months.
Though the fact that petrol is traded in $ and most clothes are manufactured abroad and have typically a short lead time thus the input costart get passed on quicker so I'd argue that they are rising so much because the pound is going down the toilet
 
Doesn't chemo have under a 10% five year success rate in being cancer free... or are the brexiteers still fed up of actual stats?
I thought that post had killed the thread for a while. Brexit must be the only thing that doesn't cause cancer in DM-land.
 
So Brexiters are promising cheaper food, I assume by opening up the UK to cheaper non eu imports, but this will endanger British farmers whom the Brexiters have a hard-on for. Which group will they let down first?
 
The main drivers of inflation form the figures released today were, petrol and clothing. No material impact of the weakening pound on inflation yet, but inevitable in the coming months.

Those were mentioned too, although LBC did also refer to hotels and sterling in their coverage of the story.
 
I was listening to a report which categorised the main drivers behind inflation in 2016 a little earlier, and foremost among them was hotel pricing. Yet with our good summer and depreciated currency, it could be said that this has merely been the sector reacting to the level of demand out there.

Considering UK is pretty tight with tourist visas, the EU exit will deal a big blow to the tourism industry as well. You might see a few chains pull out slowly or reduce their presence which again bites the lower wage workers. There's really a lot that's not being factored into the models, if there are any.
 
Considering UK is pretty tight with tourist visas, the EU exit will deal a big blow to the tourism industry as well. You might see a few chains pull out slowly or reduce their presence which again bites the lower wage workers. There's really a lot that's not being factored into the models, if there are any.

I fully expect visa-free or low-cost visas, to be part of whatever deal we reach with our European neighbours. The demand exists for mroe reasons than the EU, and right now the low price of the pound is encouraging more visitors.
 
I fully expect visa-free or low-cost visas, to be part of whatever deal we reach with our European neighbours. The demand exists for mroe reasons than the EU, and right now the low price of the pound is encouraging more visitors.

Given the government's record I expect they'll demand bank statements, accommodation and itineraries before granting Visas, so the EU will demand the same