The EU Referendum

[Supernaut]

Lols at the bitter, social justice warriors outside Boris' house, spitting venom & rage, but would crumble like cardboard in the rain if they ever had to have an actual square go

The people who think democracy is beautiful, except when they lose.

 

[Tangled up in Blue]

Not according to Barna, who has assured us that regardless of the result the Freedom of movement will be forced on the UK.

I'll allow you to have that conversation with him!

Not all all.I accept that if the UK doesn't want to sign up to trade with the EU then they won't have to accept free movement.

Please don't put words in my mouth.

 

[Tangled up in Blue]

With the lies and bollocks Salmond spouts on a daily basis of how Scotland is such a ethopia now and will be even more the land of milk and honey if they get independence, I say save a couple of quid and let them **** off now. Then we can all watch them live off bailouts and handouts for the rest of exsistence. Just like Greece.

Think you'll find the SNP have a new leader now.She's female.Do keep up.:dunce:

 

[Tangled up in Blue]

interesting.

Your investment advice must mean that you support the view that today's prices plummet is all about the banking wide boys gambling on the exchanges and that, actually, the fundamentals in the longer term will be fine under Brexit.

Well done 10/10.

Nothing wrong with your premise.Remember, though, that as Keynes said "In the long term we're all dead.":winking:

 

[rigsby]

Oh no we won't.Read this.

http://www.theguardian.com/politics...eader-we-want-britain-out-as-soon-as-possible

"Jean-Claude Piris, a former head of the EU council legal service, said claims that Britain would get unfettered access to the single market, without free movement of people, were the equivalent of believing in Father Christmas. He said the British “cannot get as good a deal as they have now, it is impossible”.

Funnily enough, our younger daughter wants to work in Brazil,Luckily for her, she's highly qualified and speaks fluent Portuguese,

He can threaten all he likes but we have rejected all the faceless wonders in Brussels. We have £68 billion reasons why we will call the tune. If they want tariffs then we will match them. Ask the Germans if they want a trade war.

Besides he has more on his plate as next on the list is Hexit, Swexit and Frexit. If I was you I would disguise yourself as a woman and get on the next life-boat. Europe will get very ugly in the next few years.

If your daughter needs any tips I have travelled many parts of Brazil. There are some do's and don'ts. I have past on some good tips to an independent travel agent for his clients, as he is a fellow shrimper and Zoner.

 

[Tangled up in Blue]

I absolutely agree, without the left wing educated elite constantly insulting the working classes we would still be in the EU. An attitude that was repeated here on the zone. On behalf of all us Brexiters a big thanks to all the 'degree' educated 'informed' people who chose to insult us.

Corbyn,of course,dropped out of his degree course-after just one year- without completing his degree.

 

[rigsby]

Corbyn,of course,dropped out of his degree course-after just one year- without completing his degree.

That won't be the only time in his life he will drop out in less than a year :winking:

 

[Tangled up in Blue]

that will be the Brazil that is in its deepest recession in recent history.

ps this was in the FT yesterday...

Everything in Brazil is big. It is sometimes said the country suffers from a complex of grandeza or greatness. Lately, though, Brazil has been big in all the wrong ways. The country is facing its biggest recession. It is engulfed by its biggest corruption scandal. It has the world’s most indebted oil company, Petrobras. This week, it witnessed its biggest-ever corporate bankruptcy, after Oi, a telecoms company, filed for “judicial recuperation”, the Brazilian equivalent of Chapter 11 protection.

Oi’s bankruptcy has put the spotlight on Brazil’s broader debt problems. In general terms, there are two distinct pools of debt. The first is corporate debt. Some of this is now turning sour following the usual cycle of over-optimism, inflated asset prices and cheap debt going into reverse. Much of this debt is also denominated in foreign currency, following a borrowing spree that has now returned to haunt Brazilian corporates given the depreciation of the real, the national currency. That is largely the story of Oi, which has around two-thirds of its R$65bn ($20bn) of debt in foreign currency.

Then there is public debt. This is very big in domestic terms. At 68 per cent of gross domestic output, it is also growing fast due to a steep fall in tax revenues and punishing local interest rates, which are among the highest in the world. (The central bank’s benchmark rate is 14.25 per cent, versus 9 per cent inflation).

Such dynamics explain why Brasília bailed out of the state of Rio de Janeiro this month. However, the public debt situation is not entirely grim, as foreign-currency debt is actually very small. Overseas sovereign debt is no more than about $40bn. On that narrow metric, Brazil does not deserve its junk status.

One of the key channels joining these two pools of debt is Petrobras, which has $104bn of borrowing, much of it in foreign currency. Arguably, it is this massive debt pile that has turned state-controlled Petrobras into a thick, long corporate tail now wagging the sovereign debt dog.
The company enjoys implicit state backing. So the financial uncertainty that surrounds the oil company, combined with the lava jato corruption scandal, is keeping sovereign spreads higher than they otherwise need be. This in turn feeds into a higher cost of capital for Brazil, and thus higher interest rates, none of which helps either Brazilian companies or national debt dynamics. To break the vicious circle, Petrobras needs to raise fresh funds.

Incidentally, when our younger daughter was studying in Poitiers a few years ago,at the height of the then Brazilian boom, she was sharing a flat with two Brazilian students.I was suprised then that neither of them believed in the so-called Brazilian "economic miracle."Today one of them is working in the USA and the other in Paris.

 

[Tangled up in Blue]

He can threaten all he likes but we have rejected all the faceless wonders in Brussels. We have £68 billion reasons why we will call the tune. If they want tariffs then we will match them. Ask the Germans if they want a trade war.

Besides he has more on his plate as next on the list is Hexit, Swexit and Frexit. If I was you I would disguise yourself as a woman and get on the next life-boat. Europe will get very ugly in the next few years.

If your daughter needs any tips I have travelled many parts of Brazil. There are some do's and don'ts. I have past on some good tips to an independent travel agent for his clients, as he is a fellow shrimper and Zoner.

Thanks for the offer but both our daughters have visited Brazil extensively.The older one even had a Brazilian boyfriend at one time.He's quite happy working in Lyon these days.

 

[Benfleet A1]

Think you'll find the SNP have a new leader now.She's female.Do keep up.:dunce:

I'll resist the urge on the advise of better people than you and reply with a civil tongue. Salmond spouts his bilge on LBC every Wednesday on the Iain Dale Show. Listen to it, the anti english and slagging of this country will be right in tune with your warped thinking.

 

[Bielzibubz]

Just a snippet from 'The Globalist'. Germany isn't stupid. It can't afford to have restrictions to it's imports from us and especially it's exports.

Germany’s economic self interest is obvious: the country exports goods rather than services. For goods, the UK is Germany’s top export destination outside the eurozone after the US.


Germany earns 3% of its GDP in selling goods to the UK. To put this into perspective: Germany exports as much to the UK as it does to its immediate neighbors Poland and the Czech Republic taken together.



German imports of goods from the UK amount to less than half of the value of its goods exports to the UK. German receipts from selling services to the UK are just 19% of its earnings from selling goods to the UK.



On services, Germany runs a small deficit with the UK of around €4 billion per year, which is dwarfed by a German surplus on goods of €55 billion.



Post-Brexit, expect Germany to push for a rapid new deal with Britain that preserves free trade in goods.

That's goods, not services.

 

[Uncle Leo]

Incidentally, when our younger daughter was studying in Poitiers a few years ago,at the height of the then Brazilian boom, she was sharing a flat with two Brazilian students.I was suprised then that neither of them believed in the so-called Brazilian "economic miracle."Today one of them is working in the USA and the other in Paris.

Attention folks. I think we may have hit peak Barna

 

[rigsby]

Thanks for the offer but both our daughters have visited Brazil extensively.The older one even had a Portuguese boyfriend at one time.He's quite happy working in Lyon these days.

Well if she ever gets arrested by the police in a drugs scam and gets driven to a quiet place in Rio and then robbed at gunpoint don't say she could not have avoided it.

 

[Yorkshire Blue]

Just a snippet from 'The Globalist'. Germany isn't stupid. It can't afford to have restrictions to it's imports from us and especially it's exports.

Germany’s economic self interest is obvious: the country exports goods rather than services. For goods, the UK is Germany’s top export destination outside the eurozone after the US.


Germany earns 3% of its GDP in selling goods to the UK. To put this into perspective: Germany exports as much to the UK as it does to its immediate neighbors Poland and the Czech Republic taken together.



German imports of goods from the UK amount to less than half of the value of its goods exports to the UK. German receipts from selling services to the UK are just 19% of its earnings from selling goods to the UK.



On services, Germany runs a small deficit with the UK of around €4 billion per year, which is dwarfed by a German surplus on goods of €55 billion.



Post-Brexit, expect Germany to push for a rapid new deal with Britain that preserves free trade in goods.

That's goods, not services.

Exactly, goods not services.

It's the services bit we really value.

 

[Swiss Tony]

Attention folks. I think we may have hit peak Barna

He's awful isn't he?a complete melt.

 

[* ORM *]

Free to trade with China, India and the US where the real money is. Potentially not having to support Scotland. Forcing European immigrants to go through the same tests non-EU immigrants have to. Life outside the EU will be fine. Oh and also I was very pleased with the HKD/GBP Fx Rate this morning.

 

[Tangled up in Blue]

Well if she ever gets arrested by the police in a drugs scam and gets driven to a quiet place in Rio and then robbed at gunpoint don't say she could not have avoided it.

She's very street wise and didn't have any problems when she was in Rio (in fact she gave advice to one of her cousins who's over there atm on the do's and don'ts,so I reckon she'll be OK.:smile:

I've seen how she conducts herself in BA so I know she'll be all right.

(Just to give you an idea of how clued up she is, a week ago she met Ada Colau -Barcelona's new progressive,left-wing Mayoress -at a party and got an email address from her assistant.A week later -yesterday- she was offered an internship to start with a local NGO,when she finishes her studies, next year).

 

[yogi bear up the cagire]

Could someone please inform me of what Brexit's Plan B is? It is becoming quickly and increasingly evident, they don't have a Plan A

 

[Gremlin]

Well I've just begun my weekend with the discovery that, in addition to WW3 not kicking off, the FTSE finished the week >110 points higher than where it started. Who would've thunk it?

 

[RHB]

Could someone please inform me of what Brexit's Plan B is? It is becoming quickly and increasingly evident, they don't have a Plan A

The thing that bothered me throughout the whole campaign was that neither side had a Plan A or Plan B, and they still don't. We might get down to leaving by October says Dave, but it seems the EU wants us out a lot quicker than that. But that's not a problem, Johnny Foreigner isn't going to tell us what to do, we've left the EU. We've taken back control according to Boris and Nigel, but control of what exactly? Immigration? - Maybe, but only of any European folk coming in. NHS can have another £350 m a week - I'll believe it when I see it; Schools and Doctors Surgeries? I will wait and see if things get better. So what exactly have we managed to achieve as a result of this vote? - Only time will tell.

Don't get me wrong, the nation has voted and that is an example of democracy working at it's best. But the fall-out from the result will run and run, and some of it won't be very comfortable for any of us. By the way, our credit rating now from Poors is negative. That's a good start.