Discussion
mike9009 said:
vonuber said:
I think it's been a successful few days - a mp murdered, complete fustercluck of a campaign from both sides which sank to new lows, a nation divided, an increas ein racism, two bouts of political infighting going on, no-one in charge, the two 'winners' of the vote looking like someone has just shat in their soup as they realise what they have unleashed, racism up, shares down and the two of our closest allies basically telling us to f
k off.
Marvellous.
You are so pessimistic. The price of fish is about to plummet. Good news all roundk off.Marvellous.
FredClogs said:
I appreciate the point your making but don't be fooled into thinking the markets don't effect the real world and vice versa.
Market prices are generally a reflection of well calculated risk especially in the medium to long term. UK government 10 year guilt bonds are below 1% for the first time ever down 50% this month and the 30 year bond is below 2%, halved over the last month.
I'd be more convinced by "well calculated risk" if the markets had shown any sign that they spotted this one coming. What we have now is flapping. It will pass.Market prices are generally a reflection of well calculated risk especially in the medium to long term. UK government 10 year guilt bonds are below 1% for the first time ever down 50% this month and the 30 year bond is below 2%, halved over the last month.
BTW I like "guilt bonds". Typo I know, but the UK Govt should feel guilty about the shedload of money they are borrowing without any indication about how it might be repaid.
Sam All said:
///ajd said:
TheInternet said:
///ajd said:
Credit rating drops from AAA
That's just negative spin.
FredClogs said:
I appreciate the point you're making but don't be fooled into thinking the markets don't effect the real world and vice versa.
Market prices are generally a reflection of well calculated risk especially in the medium to long term. UK government 10 year guilt bonds are below 1% for the first time ever down 50% this month and the 30 year bond is below 2%, halved over the last month.
It's hard to take someone seriously when they can't tell the difference between affect and effect and between gilt and guilt. But we'll give you the benefit of the doubt on those...Market prices are generally a reflection of well calculated risk especially in the medium to long term. UK government 10 year guilt bonds are below 1% for the first time ever down 50% this month and the 30 year bond is below 2%, halved over the last month.
But that aside, please can you explain how our credit rating has been cut by S&P (suggesting concern about credit quality) at the same time our bond yields have reduced (suggesting lower risk)...
Perhaps you can also comment on the rates available on German government bonds compared to UK?!
Edited by sidicks on Monday 27th June 21:19
s2art said:
Only if the Tories have gone mad. Labour may have a credible leader by then and the Boundaries commission hasnt done its job yet.
GE's don't just happen, they take a lot of organising (all those pencils to arrange). The date has been set 'unofficially' and the LA teams have been put on notice (bearing in mind they are still decamping the polling stations from last Thursday...)Jockman said:
sidicks said:
///ajd said:
Dropped down to AA, they even missed out AA+.
What is the rating of the US?US is AA+ Stable
EU is AA+ Stable
UK was AAA Stable, since brexit it is AA Negative
What is your point, they are stable but we are still going downhill?
vonuber said:
I think it's been a successful few days - a mp murdered, complete fustercluck of a campaign from both sides which sank to new lows, a nation divided, an increas ein racism, two bouts of political infighting going on, no-one in charge, the two 'winners' of the vote looking like someone has just shat in their soup as they realise what they have unleashed, racism up, shares down and the two of our closest allies basically telling us to fk off.
Marvellous.
You clean forgot about the snivelling anti-democracy whine from supposedly educated people who found themselves on the wrong side of public opinion for the second time in eighteen months and began advocating totalitarianism while constantly talking their country down. Easily done. k off.Marvellous.
don4l said:
Still trying to use the unfortunate murder of a decent MP to further your own interests.
Lefties... you never disappoint. There are no depths that you are ashamed to plunge.
I think you'll find it was a statement of fact. Incidentally I am politically a centralist I suspect, which seems to practically make me a commie around here.Lefties... you never disappoint. There are no depths that you are ashamed to plunge.
turbobloke said:
vonuber said:
I think it's been a successful few days - a mp murdered, complete fustercluck of a campaign from both sides which sank to new lows, a nation divided, an increas ein racism, two bouts of political infighting going on, no-one in charge, the two 'winners' of the vote looking like someone has just shat in their soup as they realise what they have unleashed, racism up, shares down and the two of our closest allies basically telling us to fk off.
Marvellous.
You clean forgot about the snivelling anti-democracy whine from supposedly educated people who found themselves on the wrong side of public opinion for the second time in eighteen months and began advocating totalitarianism while constantly talking their country down. Easily done. k off.Marvellous.
Edited by jonnyb on Monday 27th June 21:25
why does this matter?///ajd said:
What is your point, they are stable but we are still going downhill?
My point is that it's a good job no agency rated Clinton-special toxic debt junk crap made up from US non-recourse ninja mortgages as AAA. They might have had a ruptured reputation.So back in the real world, where that's exactly what happened over a period of 7 years, there's consolation in that the UK is no longer rated the same as toxic junk crap. Every cloud.
What does your Remainer-warrantied crystal ball say about our rating in 7 years?
AJL308 said:
ben5575 said:
General election will be called for 13th October 2016. It has been set in motion today.
You heard it here first.
A GE can't be 'called' anymore. It needs a resolution of Parliament declaring 'no confidence' in the Government. You heard it here first.
jonnyb said:
36% of the population votes for something, and you call that democracy.
Yes, not least because forcing people to vote, any way or one way, is totalitarianism.People fought and died for the chance to vote, and we have it but not regarding Juncker.
Other people choose to vote or not.
Fail to vote, don't cry over the result. That's freedom with responsibility.
jonnyb said:
36% of the population votes for something, and you call that democracy.
Jesus H. Christ on a little red tricycle. "What about the people who didn't vote? Shouldn't they have a voice?"No they shouldn't. You have to be in it to win it. And that especially applies to all the "young people" who thought they just had to "like" the Remain FB page.
///ajd said:
S&P
US is AA+ Stable
EU is AA+ Stable
UK was AAA Stable, since brexit it is AA Negative
What is your point, they are stable but we are still going downhill?
Any practical difference you foresee? AA is 3rd highest out of 23 rating categories - better than the Indian Tiger & same as the Chinese dragon.US is AA+ Stable
EU is AA+ Stable
UK was AAA Stable, since brexit it is AA Negative
What is your point, they are stable but we are still going downhill?
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