Voted Leave: D+1 - whats the Economic Plan
Discussion
Jockman said:
One analyst says....
But perhaps the big contributor is the ECB's quantitative easing policy which involves buying bonds, including the German government's. That tends to push the prices higher, and with a bond, the yield goes down when the price rises.
That big carpet that the Leavers brush inconvenient pieces of news and information under: isn't it looking a bit lumpy yet? But perhaps the big contributor is the ECB's quantitative easing policy which involves buying bonds, including the German government's. That tends to push the prices higher, and with a bond, the yield goes down when the price rises.
Greg66 said:
Jockman said:
One analyst says....
But perhaps the big contributor is the ECB's quantitative easing policy which involves buying bonds, including the German government's. That tends to push the prices higher, and with a bond, the yield goes down when the price rises.
That big carpet that the Leavers brush inconvenient pieces of news and information under: isn't it looking a bit lumpy yet? But perhaps the big contributor is the ECB's quantitative easing policy which involves buying bonds, including the German government's. That tends to push the prices higher, and with a bond, the yield goes down when the price rises.
Jockman said:
Just found another bit in the same article about negative German bonds...
..... It reflects the persistent failure of the eurozone to generate a really convincing recovery from the financial crisis.
Exactly. The investors clearly think that the German stock markets are not going to do well in the next few years...... It reflects the persistent failure of the eurozone to generate a really convincing recovery from the financial crisis.
don4l said:
Jockman said:
Just found another bit in the same article about negative German bonds...
..... It reflects the persistent failure of the eurozone to generate a really convincing recovery from the financial crisis.
Exactly. The investors clearly think that the German stock markets are not going to do well in the next few years...... It reflects the persistent failure of the eurozone to generate a really convincing recovery from the financial crisis.
The FTSE is below 6000 for the first time since January.
http://www.ft.com/cms/s/0/55176cf2-31fc-11e6-ad39-...
If the UK leaves and the EU economy suffers why would we think we will be immune? The earthquake in Indonesia killed thousands in other countries. This will be similar - the effects will ripple outwards and nowhere will be immune from the effects.
lostkiwi said:
If the UK leaves and the EU economy suffers why would we think we will be immune? The earthquake in Indonesia killed thousands in other countries. This will be similar - the effects will ripple outwards and nowhere will be immune from the effects.
I'm not disputing that but have two questions:- Given what else is going on within the Eurozone, namely with Italy (debt at 130%+ of GDP) and France, do you think this merely brings forward certain, inevitable 'corrections'?
- Is short term pain and recession a good enough reason to avoid what might eventually be the best outcome for the UK?
Derek Smith said:
Got in two. There is no plan. If it wasn't so serious it would be hilarious, and probably is to those who will make money from it, which won't be us, even those throwing parties.
There is a plan, start negotiating more trade agreements with those outside the EU which the EU doesn't have agreements with. Such as 8 out our 10 biggest trading partners outside the EU.Obviously we don't know how those negotiations would go, just as we don't know how EU negotiations for future agreements would go, or how our attempts to 'reform the EU from the inside' would go.
There is a follow-on from an exit which a friend of my wife brought up a few days ago, based somewhat on the lack of plan for an exit.
The exit will mean that Cameron will probably resign earlier than he intended and a replacement hurried into position. When I suggested it might be Johnson she shook her head. However, during the next two years the economy is likely to suffer. With uncertainty, as someone else mentioned, goes a drop in spending and with a drop in spending goes lower profits. With lower profits go fewer jobs and with fewer jobs we get less spending, etc.
When the next election arrives there will be a certain degree of resentment generated and, as she says, blame will have to be apportioned.
Will the tories, with their new leader, be the recipient of the blame? After all some of the exit lies will be revealed and all moans that the others lied as well will be of no importance.
She is one of the most knowledgeable people I know on politics and it was said somewhat tongue in cheek, but the logic makes one a little cold.
The unelectable suddenly becoming acceptable as an alternative.
Still, no matter. Everything will be rosy on leaving. Everyone will have lots more money, they will be giving houses away, and not in the sense of Thatcher's right to buy, and the new national sport will be maypole dancing.
That and the new socialist empire of Corbyn.
The exit will mean that Cameron will probably resign earlier than he intended and a replacement hurried into position. When I suggested it might be Johnson she shook her head. However, during the next two years the economy is likely to suffer. With uncertainty, as someone else mentioned, goes a drop in spending and with a drop in spending goes lower profits. With lower profits go fewer jobs and with fewer jobs we get less spending, etc.
When the next election arrives there will be a certain degree of resentment generated and, as she says, blame will have to be apportioned.
Will the tories, with their new leader, be the recipient of the blame? After all some of the exit lies will be revealed and all moans that the others lied as well will be of no importance.
She is one of the most knowledgeable people I know on politics and it was said somewhat tongue in cheek, but the logic makes one a little cold.
The unelectable suddenly becoming acceptable as an alternative.
Still, no matter. Everything will be rosy on leaving. Everyone will have lots more money, they will be giving houses away, and not in the sense of Thatcher's right to buy, and the new national sport will be maypole dancing.
That and the new socialist empire of Corbyn.
Derek Smith said:
There is a follow-on from an exit which a friend of my wife brought up a few days ago, based somewhat on the lack of plan for an exit.
You do realise that, a week on Friday, if the population votes 'out' we don't all have to remove all personal effects, fill a box with our possessions, get our collective coats on and leave the EU?The process, at its most rapid, is going to take years and the actual nuts and bolts of it are no more opaque than those which would allow us to remain and (somehow) negotiate a 'better deal'.
Digga said:
lostkiwi said:
If the UK leaves and the EU economy suffers why would we think we will be immune? The earthquake in Indonesia killed thousands in other countries. This will be similar - the effects will ripple outwards and nowhere will be immune from the effects.
I'm not disputing that but have two questions:- Given what else is going on within the Eurozone, namely with Italy (debt at 130%+ of GDP) and France, do you think this merely brings forward certain, inevitable 'corrections'?
- Is short term pain and recession a good enough reason to avoid what might eventually be the best outcome for the UK?
Would any country trust us to do business with or to be a major financial services player?
The markets are all about confidence.
Derek Smith said:
There is a follow-on from an exit which a friend of my wife brought up a few days ago, based somewhat on the lack of plan for an exit.
The exit will mean that Cameron will probably resign earlier than he intended and a replacement hurried into position. When I suggested it might be Johnson she shook her head. However, during the next two years the economy is likely to suffer. With uncertainty, as someone else mentioned, goes a drop in spending and with a drop in spending goes lower profits. With lower profits go fewer jobs and with fewer jobs we get less spending, etc.
When the next election arrives there will be a certain degree of resentment generated and, as she says, blame will have to be apportioned.
Will the tories, with their new leader, be the recipient of the blame? After all some of the exit lies will be revealed and all moans that the others lied as well will be of no importance.
She is one of the most knowledgeable people I know on politics and it was said somewhat tongue in cheek, but the logic makes one a little cold.
The unelectable suddenly becoming acceptable as an alternative.
Still, no matter. Everything will be rosy on leaving. Everyone will have lots more money, they will be giving houses away, and not in the sense of Thatcher's right to buy, and the new national sport will be maypole dancing.
That and the new socialist empire of Corbyn.
Take a look between your legs, Derek. If there's nothing there then you need to grow a pair. Your wife will love you more for it. The exit will mean that Cameron will probably resign earlier than he intended and a replacement hurried into position. When I suggested it might be Johnson she shook her head. However, during the next two years the economy is likely to suffer. With uncertainty, as someone else mentioned, goes a drop in spending and with a drop in spending goes lower profits. With lower profits go fewer jobs and with fewer jobs we get less spending, etc.
When the next election arrives there will be a certain degree of resentment generated and, as she says, blame will have to be apportioned.
Will the tories, with their new leader, be the recipient of the blame? After all some of the exit lies will be revealed and all moans that the others lied as well will be of no importance.
She is one of the most knowledgeable people I know on politics and it was said somewhat tongue in cheek, but the logic makes one a little cold.
The unelectable suddenly becoming acceptable as an alternative.
Still, no matter. Everything will be rosy on leaving. Everyone will have lots more money, they will be giving houses away, and not in the sense of Thatcher's right to buy, and the new national sport will be maypole dancing.
That and the new socialist empire of Corbyn.
lostkiwi said:
How do you figure that if we willingly cause a global downturn in the markets it would be good for us?
I think you are confusing cause and effect. We did not cause the systemic weakness of the Eurozone. If Brexit is a catalyst for change that is extremely regrettable but is hardly proportionate to call it deliberate sabbotage.We are talking about the future of the UK though, not the EU or Eurozone, that is what the vote is, nothing else.
lostkiwi said:
How do you figure that if we willingly cause a global downturn in the markets it would be good for us?
Would any country trust us to do business with or to be a major financial services player?
The markets are all about confidence.
A downturn will happen with or without brexit so don't panic captain Mainwaring. Would any country trust us to do business with or to be a major financial services player?
The markets are all about confidence.
Why would Countries not wish to deal with a country that wants to stand on its own two feet.....like they do?
lostkiwi said:
How do you figure that if we willingly cause a global downturn in the markets it would be good for us?
Would any country trust us to do business with or to be a major financial services player?
The markets are all about confidence.
Countries don't do business with each other anyway, firms and individuals do business with each other.Would any country trust us to do business with or to be a major financial services player?
The markets are all about confidence.
If a Chinese businessman fancies a Range Rover he isn't going to be put off by the UKs relationship with EU, though if the pound does drop as predicted that would certainly encourage him.
Jockman said:
Derek Smith said:
There is a follow-on from an exit which a friend of my wife brought up a few days ago, based somewhat on the lack of plan for an exit.
The exit will mean that Cameron will probably resign earlier than he intended and a replacement hurried into position. When I suggested it might be Johnson she shook her head. However, during the next two years the economy is likely to suffer. With uncertainty, as someone else mentioned, goes a drop in spending and with a drop in spending goes lower profits. With lower profits go fewer jobs and with fewer jobs we get less spending, etc.
When the next election arrives there will be a certain degree of resentment generated and, as she says, blame will have to be apportioned.
Will the tories, with their new leader, be the recipient of the blame? After all some of the exit lies will be revealed and all moans that the others lied as well will be of no importance.
She is one of the most knowledgeable people I know on politics and it was said somewhat tongue in cheek, but the logic makes one a little cold.
The unelectable suddenly becoming acceptable as an alternative.
Still, no matter. Everything will be rosy on leaving. Everyone will have lots more money, they will be giving houses away, and not in the sense of Thatcher's right to buy, and the new national sport will be maypole dancing.
That and the new socialist empire of Corbyn.
Take a look between your legs, Derek. If there's nothing there then you need to grow a pair. Your wife will love you more for it. The exit will mean that Cameron will probably resign earlier than he intended and a replacement hurried into position. When I suggested it might be Johnson she shook her head. However, during the next two years the economy is likely to suffer. With uncertainty, as someone else mentioned, goes a drop in spending and with a drop in spending goes lower profits. With lower profits go fewer jobs and with fewer jobs we get less spending, etc.
When the next election arrives there will be a certain degree of resentment generated and, as she says, blame will have to be apportioned.
Will the tories, with their new leader, be the recipient of the blame? After all some of the exit lies will be revealed and all moans that the others lied as well will be of no importance.
She is one of the most knowledgeable people I know on politics and it was said somewhat tongue in cheek, but the logic makes one a little cold.
The unelectable suddenly becoming acceptable as an alternative.
Still, no matter. Everything will be rosy on leaving. Everyone will have lots more money, they will be giving houses away, and not in the sense of Thatcher's right to buy, and the new national sport will be maypole dancing.
That and the new socialist empire of Corbyn.
PositronicRay said:
Jockman said:
Derek Smith said:
There is a follow-on from an exit which a friend of my wife brought up a few days ago, based somewhat on the lack of plan for an exit.
The exit will mean that Cameron will probably resign earlier than he intended and a replacement hurried into position. When I suggested it might be Johnson she shook her head. However, during the next two years the economy is likely to suffer. With uncertainty, as someone else mentioned, goes a drop in spending and with a drop in spending goes lower profits. With lower profits go fewer jobs and with fewer jobs we get less spending, etc.
When the next election arrives there will be a certain degree of resentment generated and, as she says, blame will have to be apportioned.
Will the tories, with their new leader, be the recipient of the blame? After all some of the exit lies will be revealed and all moans that the others lied as well will be of no importance.
She is one of the most knowledgeable people I know on politics and it was said somewhat tongue in cheek, but the logic makes one a little cold.
The unelectable suddenly becoming acceptable as an alternative.
Still, no matter. Everything will be rosy on leaving. Everyone will have lots more money, they will be giving houses away, and not in the sense of Thatcher's right to buy, and the new national sport will be maypole dancing.
That and the new socialist empire of Corbyn.
Take a look between your legs, Derek. If there's nothing there then you need to grow a pair. Your wife will love you more for it. The exit will mean that Cameron will probably resign earlier than he intended and a replacement hurried into position. When I suggested it might be Johnson she shook her head. However, during the next two years the economy is likely to suffer. With uncertainty, as someone else mentioned, goes a drop in spending and with a drop in spending goes lower profits. With lower profits go fewer jobs and with fewer jobs we get less spending, etc.
When the next election arrives there will be a certain degree of resentment generated and, as she says, blame will have to be apportioned.
Will the tories, with their new leader, be the recipient of the blame? After all some of the exit lies will be revealed and all moans that the others lied as well will be of no importance.
She is one of the most knowledgeable people I know on politics and it was said somewhat tongue in cheek, but the logic makes one a little cold.
The unelectable suddenly becoming acceptable as an alternative.
Still, no matter. Everything will be rosy on leaving. Everyone will have lots more money, they will be giving houses away, and not in the sense of Thatcher's right to buy, and the new national sport will be maypole dancing.
That and the new socialist empire of Corbyn.
ks 
Cmon...creating a causal link between brexit and a Corbyn socialist state would stretch even my testes !!
PositronicRay said:
Jockman said:
Derek Smith said:
There is a follow-on from an exit which a friend of my wife brought up a few days ago, based somewhat on the lack of plan for an exit.
The exit will mean that Cameron will probably resign earlier than he intended and a replacement hurried into position. When I suggested it might be Johnson she shook her head. However, during the next two years the economy is likely to suffer. With uncertainty, as someone else mentioned, goes a drop in spending and with a drop in spending goes lower profits. With lower profits go fewer jobs and with fewer jobs we get less spending, etc.
When the next election arrives there will be a certain degree of resentment generated and, as she says, blame will have to be apportioned.
Will the tories, with their new leader, be the recipient of the blame? After all some of the exit lies will be revealed and all moans that the others lied as well will be of no importance.
She is one of the most knowledgeable people I know on politics and it was said somewhat tongue in cheek, but the logic makes one a little cold.
The unelectable suddenly becoming acceptable as an alternative.
Still, no matter. Everything will be rosy on leaving. Everyone will have lots more money, they will be giving houses away, and not in the sense of Thatcher's right to buy, and the new national sport will be maypole dancing.
That and the new socialist empire of Corbyn.
Take a look between your legs, Derek. If there's nothing there then you need to grow a pair. Your wife will love you more for it. The exit will mean that Cameron will probably resign earlier than he intended and a replacement hurried into position. When I suggested it might be Johnson she shook her head. However, during the next two years the economy is likely to suffer. With uncertainty, as someone else mentioned, goes a drop in spending and with a drop in spending goes lower profits. With lower profits go fewer jobs and with fewer jobs we get less spending, etc.
When the next election arrives there will be a certain degree of resentment generated and, as she says, blame will have to be apportioned.
Will the tories, with their new leader, be the recipient of the blame? After all some of the exit lies will be revealed and all moans that the others lied as well will be of no importance.
She is one of the most knowledgeable people I know on politics and it was said somewhat tongue in cheek, but the logic makes one a little cold.
The unelectable suddenly becoming acceptable as an alternative.
Still, no matter. Everything will be rosy on leaving. Everyone will have lots more money, they will be giving houses away, and not in the sense of Thatcher's right to buy, and the new national sport will be maypole dancing.
That and the new socialist empire of Corbyn.
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