View Poll Results: Is Theresa May is out of her depth?

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  • She doesn't know what she is doing

    245 64.81%
  • She knows exactly what she is doing

    133 35.19%
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  1. #24661
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    Quote Originally Posted by BigGully View Post
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    Look mate, I dont know you and beyond a chat about Brexit or otherwise we dont need to be mates, but I would appreciate it if you lay off the personal insults, as for risks all economies have risks but there is nothing to suggest that there is any current data that suggest those risks are heightened.
    If you look at all the data without the knowledge of Brexit about to happen, you would be wondering why the value of the pound is so low. That data tells me that at least the players that move the market, believe the risks are heightened, Deustche Bank, may well say the fundamentals say the pound is undervalued, but they are not buying it up in a hurry are they.
    Posted by Kosh, 19/7/2016 - 14th - 11th this year, or I'll eat my big Ritchie Blackmore hat.

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    • #24662
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      Quote Originally Posted by Soulman View Post
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      "t it does not seem to be able to penetrate the thick, dense,"......"Are you a ****ing goldfish?" this just about sums up how you feel and react to anybody that does not agree with your Remain opinion.
      Your opinion and some differ, and all the insults will not change the opinion.
      The Goldfish comment was entirely appropriate. My opinion and that of others differ, but the guy should be able to remember what it was he was talking about.
      The other one is fair, no matter what anyone says, your guys Brexit beliefs are impervious, if only your skin was as thick.
      I really hope the worst that happens to us is I get to look like a prick for getting it all wrong, and you suffer a bit of my ungracious retorts to accusations of doom mongering.
      Posted by Kosh, 19/7/2016 - 14th - 11th this year, or I'll eat my big Ritchie Blackmore hat.
    • #24663
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      Quote Originally Posted by Baldseagull View Post
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      If you look at all the data without the knowledge of Brexit about to happen, you would be wondering why the value of the pound is so low. That data tells me that at least the players that move the market, believe the risks are heightened, Deustche Bank, may well say the fundamentals say the pound is undervalued, but they are not buying it up in a hurry are they.
      What a bizarre post, how can you possibly know whether they are buying sterling or not or if this really is relevent to the validity of its statement ?

      Firstly sterling has not collapsed and is not going to trigger hyper inflation, thats not on the menu, so a few football posters on this forum trying to determine what is and what isnt the preferable value of sterling for the wider economy and then its likely impact on inflation rates has become somewhat pointless, both sides just using our own flawed analysis.

      However if remainers see sterlings value as a prime indicator of our economy's future performance then the Deutsche Banks statement should allay your fears and the UKs position as the fastest growing economy within the G10 countries even more-so.
    • #24664

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      Quote Originally Posted by JC Footy Genius View Post
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      Interesting piece on Sky news from Boston. More people voted leave in Boston than anywhere else in the country and it seems most of them were driven by factors directly connected to our membership of the EU. You may know the area.

      I know it very well. My father was born there. It has a nice stump. A generally pleasant atmosphere. Some lovely Georgian buildings. Whereas in Burnley most people voted Leave for reasons not directly connected to the EU, in Boston most did so because the large number of EU migrants is putting certain pressures on the local community. "People talking jibber-jabber in the streets" as a local elsewhere put it. There are other places where this is true. But not a large number of places. Nowhere nearly as many places that suffer from the more serious problems of poor housing stock, lost industries, terrible public services and, perhaps, the stresses caused by non-EU migration. I have never said that everybody voted Leave for non-EU reasons, merely that many did.
    • #24665
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      Quote Originally Posted by BigGully View Post
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      What a bizarre post, how can you possibly know whether they are buying sterling or not or if this really is relevent to the validity of its statement ?

      Firstly sterling has not collapsed and is not going to trigger hyper inflation, thats not on the menu, so a few football posters on this forum trying to determine what is and what isnt the preferable value of sterling for the wider economy and then its likely impact on inflation rates has become somewhat pointless, both sides just using our own flawed analysis.

      However if remainers see sterlings value as a prime indicator of our economy's future performance then the Deutsche Banks statement should allay your fears and the UKs position as the fastest growing economy within the G10 countries even more-so.

      We know they are not buying it up, because the price is low, and it is getting lower.
      It indicates how the big banks, such as Deutsche bank feel about the economy, these are the types of institution that move the market with large purchases, if they were buying it up, the price would rise.
      It is like the value of a house, near great transport links, good schools etc. it should be high, but if you see an asking price 30% lower than expected, you might find that there is a planning application for a landfill site over the road, buyers will be less keen and the price will be low until the result of the application is known, it gets granted and the price drops further, it gets dismissed the price returns to normal.
      Brexit is having a similar effect on the pound, it tells us that despite how good a buy it might look based on the normal measures of the economy, there is something in the pipeline that buyers (banks and hedge funds) believe can stuff it all up.
      If you think differently and are confident that it will rise significantly, back it.
      Posted by Kosh, 19/7/2016 - 14th - 11th this year, or I'll eat my big Ritchie Blackmore hat.
    • #24666

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      Quote Originally Posted by Baldseagull View Post
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      We know they are not buying it up, because the price is low, and it is getting lower.
      It indicates how the big banks, such as Deutsche bank feel about the economy, these are the types of institution that move the market with large purchases, if they were buying it up, the price would rise.
      It is like the value of a house, near great transport links, good schools etc. it should be high, but if you see an asking price 30% lower than expected, you might find that there is a planning application for a landfill site over the road, buyers will be less keen and the price will be low until the result of the application is known, it gets granted and the price drops further, it gets dismissed the price returns to normal.
      Brexit is having a similar effect on the pound, it tells us that despite how good a buy it might look based on the normal measures of the economy, there is something in the pipeline that buyers (banks and hedge funds) believe can stuff it all up.
      If you think differently and are confident that it will rise significantly, back it.
      Interesting that you mention Deutsche bank..........and btw it's the funds that will be the buyers and sellers and holders.of currencies , they might use the big banks to do it , but they won't be the main players.
    • #24667
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      I bet the only thing Deutsche Bank is buying at the moment is expensive presents for US officials to try to get their $14 Billion fine reduced!They are not just part of the corrupt swamp The Donald wants to drain,they mortgaged a great deal of it as well.They seem quite complimentary about Barclays today,though,so maybe not all bad.
      "For those of you who aren't particularly happy with what happened in 2016,I've got some really bad news for you-it's going to get a bl**dy sight worse next year!"-The Nigel 24/11/16.
    • #24668
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      Quote Originally Posted by BigGully View Post
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      What a bizarre post, how can you possibly know whether they are buying sterling or not or if this really is relevent to the validity of its statement ?

      Firstly sterling has not collapsed and is not going to trigger hyper inflation, thats not on the menu, so a few football posters on this forum trying to determine what is and what isnt the preferable value of sterling for the wider economy and then its likely impact on inflation rates has become somewhat pointless, both sides just using our own flawed analysis.

      However if remainers see sterlings value as a prime indicator of our economy's future performance then the Deutsche Banks statement should allay your fears and the UKs position as the fastest growing economy within the G10 countries even more-so.
      "The biggest bet made by speculators across currencies last week was for further falls in the pound, according to data from CFTC, a US regulator." The UK is currently a basket case economically and politically. Too much debt, public services a mess (and no money to sort them out), no sensible political opposition, media run by non-Dom billionaires.... and amongst all f this we are going to ditch our biggest trading partners and try to exist on our own. And in case anyone raises the red herring of the FTSE, it is down about 7% in dollar terms since the referendum. If you measure it in Sterling, it looks ok - but remember that GBP is behaving like a third world currency at the moment.
    • #24669

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      Quote Originally Posted by Jim in the West View Post
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      "The biggest bet made by speculators across currencies last week was for further falls in the pound, according to data from CFTC, a US regulator." The UK is currently a basket case economically and politically. Too much debt, public services a mess (and no money to sort them out), no sensible political opposition, media run by non-Dom billionaires.... and amongst all f this we are going to ditch our biggest trading partners and try to exist on our own. And in case anyone raises the red herring of the FTSE, it is down about 7% in dollar terms since the referendum. If you measure it in Sterling, it looks ok - but remember that GBP is behaving like a third world currency at the moment.
      Sterling is behaving like a third world currency?? You are clueless and talking pure unadulterated bollox.
    • #24670
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      Third world economy? What,like the socialist paradise of Venezuela?Inflation running at over 1000% and printing 20,000 Bolivar denomination bank notes (bit like us printing a 10,000 note) which are still worth sod-all.That's a third world economy.
      "For those of you who aren't particularly happy with what happened in 2016,I've got some really bad news for you-it's going to get a bl**dy sight worse next year!"-The Nigel 24/11/16.