But that's exactly what currency dealing is. They mark currencies up or down depending on events. Yesterday MaccyD promised to renationalise almost everything and cancel all PFI deals. No mention of how this would be paid for (except that they would raise taxes and force everyone to pay them - I don't understand how nobody thought of this before). So perhaps there is a shred of reality in a threat on the pound.
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John McDowell and a run on the pound.
- Thread starter Leekbrookgull
- Start date
But that's exactly what currency dealing is. They mark currencies up or down depending on events. Yesterday MaccyD promised to renationalise almost everything and cancel all PFI deals. No mention of how this would be paid for (except that they would raise taxes and force everyone to pay them - I don't understand how nobody thought of this before). So perhaps there is a shred of reality in a threat on the pound.
JC Footy Genius
Bringer of TRUTH
- Jun 9, 2015
- 10,568
Including [MENTION=1416]Ernest[/MENTION] ....
JC Footy Genius
Bringer of TRUTH
- Jun 9, 2015
- 10,568
They have their best man on the job ... step forward IRA sympathiser and 'cybernetic communist' Richard Barbrook.
https://order-order.com/2017/09/26/...t-to-prepare-for-run-on-pound-if-corbyn-wins/
I expect our security services are wargaming what files to burn/shred if the Marxist loons ever get in.
The biggest threat to the pound is crashing out of the EU with no deal or a bad deal. And which party is likely to do that I wonder.? I imagine that Labour policy for the next election will be a second referendum and the whole world and its capital markets wiĺl breathe a huge sigh of relief that the silly people may be on their way out
Mellor 3 Ward 4
Well-known member
So millions of Labour voters are stupid?
I see the mayor of London has today called for a second EU referendum
Not sure who is more split on Brexit, Labour or the Tories.
Political hot potato. Most centrist voters - which is a large part of the labour vote, are anti-brexit - yet alot of labour MP's are from leave regions - we have the first past the post system to blame for the inaccuracies here.
Crashing out of EU is a disaster, and the longer the uncertainty, the more likely a second ref will be needed. May had hoped to give herself time with official talk of a transition deal, but haven't offered the prerequisite cash and assurances for this to be a reality.
The political climate at the moment is not ready for a major party to come out anti brexit. Reality has to hit harder to change minds.
Labour are completely split too.
The Blairites and middle class Met elite favour the European super state.
The old school including Corbyn and McDonnell despise the EU for strengthening big business and a race to the bottom on wages from freedom of movement.
Live by the sea
Well-known member
- Oct 21, 2016
- 4,718
John and Jeremy, two terrorist sympathisers who are equally ignorant about the economics of running a country. Unless you're a Marxist, communist, Islamist or hardline lefty trade union member, you would take these two for what they are- CLOWNS.
alfredmizen
Banned
- Mar 11, 2015
- 6,342
Can you let me know how exactly "lots of rich foreign investors" in the city are screwing the country ? I hope you can or I might start to think that your post is very low on actual fact and is high in prejudice based on very little knowledge.
Live by the sea
Well-known member
- Oct 21, 2016
- 4,718
Millions of people are very stupid if they vote for what is a Marxist lead Labour Party.
vegster
Sanity Clause
- May 5, 2008
- 27,892
Oh, you again ? Obviously you have even less knowledge than me. Lots of very rich companies making lots of money and currently paying very little tax, that might change under labour. I'm sorry if you really can't understand how the Tory party is in thrall to big business and corporate lobbyists.
ManOfSussex
We wunt be druv
I suppose a right wing blogger like him who is a former bankrupt and who's also been done 4 times for alcohol related offences including drink driving knows a thing-or-two about poor judgement making.
JC Footy Genius
Bringer of TRUTH
- Jun 9, 2015
- 10,568
Ah play the man not the ball .. always a sign of strong argument. What part of the information in that story was untrue?
ManOfSussex
We wunt be druv
The fact that the plans are being undertaken by teams, one of which is headed by Richard Barbrook - http://news.sky.com/story/john-mcdonnell-labour-war-gaming-for-run-on-pound-if-elected-11054157
Why let the actual truth get in the way of a good spin for a blog.
portslade seagull
Well-known member
He was talking like a dimwit when questioned how bad and then run off. Brexit is child's play compared to the chaos a Labour government would bring.
alfredmizen
Banned
- Mar 11, 2015
- 6,342
I happen to agree with you on the subject of firms avoiding corporation tax
You didn't say that though did you , you said "lots of rich foreign investors in the city" will bail out if they can't carry on screwing the country , so I will ask again , how exactly are lots of rich foreign investors in the city , screwing the country ?
portslade seagull
Well-known member
Just to finish the country off they will get Blair the warmonger back as an advisor