Re: Brexit Anyone? (2) : Mon Apr 16, 2018 8:31 pm  

I notice the pound appears to be gaining strength - which is very odd.

Re: Brexit Anyone? (2) : Tue Apr 17, 2018 1:46 pm  

Sal Paradise wrote:

I notice the pound appears to be gaining strength - which is very odd.

The good times are coming, yippee

Re: Brexit Anyone? (2) : Tue Apr 17, 2018 2:41 pm  

Sal Paradise wrote:

I notice the pound appears to be gaining strength - which is very odd.

They have probably factored in hope for a "soft" Brexit, also expectations of an interest rise in May.

Only another fifteen cents to make up, to get to pre-referendum levels!

Re: Brexit Anyone? (2) : Tue Apr 17, 2018 4:50 pm  

The Devil's Advocate wrote:

Sal Paradise wrote:

I notice the pound appears to be gaining strength - which is very odd.

They have probably factored in hope for a "soft" Brexit, also expectations of an interest rise in May.

Only another fifteen cents to make up, to get to pre-referendum levels!

Currency rise and falls in relation to economic situations. That’s the advantage for us in not being in the euro. Unlike Greece and Italy who are locked into the euro . The main benificary of the euro is Germany ,ideally if they still had the Deutschmark it would make the German exports more expensive. Hopefully that would give the Southern Europe nations a bit more scope for profitable trade. The debts the USA are running up may well result in the dollar taking a plunge sooner or later.

Re: Brexit Anyone? (2) : Tue Apr 17, 2018 5:09 pm  

Backwoodsman wrote:

Currency rise and falls in relation to economic situations. That’s the advantage for us in not being in the euro. Unlike Greece and Italy who are locked into the euro . The main benificary of the euro is Germany ,ideally if they still had the Deutschmark it would make the German exports more expensive. Hopefully that would give the Southern Europe nations a bit more scope for profitable trade. The debts the USA are running up may well result in the dollar taking a plunge sooner or later.

All true, however, the drop in the value of Sterling against both the Euro and the Dollar, were directly attributable to the referendum result.
The pound dropped around 15% as soon as the result started to become clear and whilst it may regain some value or, indeed, lose further against other currencies, the drop was absolutely a direct result of voting to leave.
Of course, the currency traders around the world may all be wrong but, it was a pretty clear message of what they thought at the time.
Apart from the blatant optimism of a few hard line "leave" campaigners, consensus does seem to have us all (in the UK) being just a little worse off following Brexit and most of them say "it's worth it" to have "control".
As time passes, it will all be consigned to history and blurred by future events and who knows, the UK may even prosper.
The main point being, that, nobody will know how it would have been. so, everyone wins. Utopia.

Re: Brexit Anyone? (2) : Tue Apr 17, 2018 5:24 pm  

wrencat1873 wrote:

All true, however, the drop in the value of Sterling against both the Euro and the Dollar, were directly attributable to the referendum result.
The pound dropped around 15% as soon as the result started to become clear and whilst it may regain some value or, indeed, lose further against other currencies, the drop was absolutely a direct result of voting to leave.
Of course, the currency traders around the world may all be wrong but, it was a pretty clear message of what they thought at the time.
Apart from the blatant optimism of a few hard line "leave" campaigners, consensus does seem to have us all (in the UK) being just a little worse off following Brexit and most of them say "it's worth it" to have "control".
As time passes, it will all be consigned to history and blurred by future events and who knows, the UK may even prosper.
The main point being, that, nobody will know how it would have been. so, everyone wins. Utopia.

my opinion on this shifts, almost daily, I don't see it as "party political", we are making a total mess of it. As you say, only Germany benefits, an utter farce.

Re: Brexit Anyone? (2) : Wed Apr 18, 2018 7:37 am  

Those well-known Socialists the Institute for Fiscal Studies have consistently said there is no economic argument for Brexit. It is purely an issue of immigration.

Re: Brexit Anyone? (2) : Wed Apr 18, 2018 7:48 am  

tigertot wrote:

Those well-known Socialists the Institute for Fiscal Studies have consistently said there is no economic argument for Brexit. It is purely an issue of immigration.

So the 10's of billions that "we" were going to save (by leaving) was a lie and we're not going to be putting an extra £350,000,000 into the NHS every week ?

Should I ring Trading Standards or The Advertising Standards Authority ?

Re: Brexit Anyone? (2) : Wed Apr 18, 2018 8:16 am  

wrencat1873 wrote:

So the 10's of billions that "we" were going to save (by leaving) was a lie and we're not going to be putting an extra £350,000,000 into the NHS every week ?

Should I ring Trading Standards or The Advertising Standards Authority ?

If only we could report ALL former and current governments foe not keeping manifesto promises!

Re: Brexit Anyone? (2) : Wed Apr 18, 2018 10:34 am  

PCollinson1990 wrote:

wrencat1873 wrote:

So the 10's of billions that "we" were going to save (by leaving) was a lie and we're not going to be putting an extra £350,000,000 into the NHS every week ?

Should I ring Trading Standards or The Advertising Standards Authority ?

If only we could report ALL former and current governments foe not keeping manifesto promises!

Correct, that’s the nature of politics. An election took place one side won the day, another side lost. Unlike Russia and several other fruit case socialist countries we believe and practice democracy. As for the success of brexit it will be several years before any conclusion can be drawn. Office rents are still rising in London, not the sign of a weakening economy. Unemployment is extremely low and people from other countries are still arriving and finding work. I note that in Sweden and Germany the influx of large numbers of economic migrants who don’t share our common beliefs are causing major problems .
In the next ten years most of these people will have German passports. Hopefully by then we will have regained control of our borders. So we won’t be overwhelmed by these people. Perhaps if the Labour Party had done more for the working man in this country instead of pandering to the metropolitan elite ,brexit would not have occurred.