Who cares who the next PM is? 80% of Americans could not have named the last one.

(07-01-2016 12:16 PM)rath v2.0 Wrote:  Who cares who the next PM is? 80% of Americans could not have named the last one.

higher than that.

I was being generous.

(07-01-2016 12:14 PM)UTSAMarineVet09 Wrote:  

(07-01-2016 12:13 PM)Tom in Lazybrook Wrote:  

(07-01-2016 12:06 PM)rath v2.0 Wrote:  Hey look...FTSE 250 is up another 200 points already again today. It's going to be up about 1000+ points this week. Must just be patriotic investors propping up that sick dog.

Meh, Still down for the 12 month average. And down more than the Nasdaq in the same time period. Obviously, the British economy isn't going to collapse. But they'll be a cost, it will be real, and will be apparent.

Feel free to invest in an English ETF. I wouldn't touch one with a ten foot pole. Because there's too much volatility in it. Now if you're just a volatility jockey....feel free to go for it and hope that you guess the right moves.

Either way, does anyone want to be the next UK PM?

The Bremainers never said economic collapse. They said lower growth, net investment outflows, and lower net investment.

The Brexiters promised

1) 157 million more pounds per week to the NHS? Goals were just moved
2) No net loss of subsidy for Cornwall and Lincolnshire? Goals were just moved
3) An end to freedom of movement with the EU? Goals are in the process of being moved
4) No issues with Scotland and Northern Ireland? Goals look shaky, at best
5) No economic disruption? Doubtful.

Go ahead, move your goals all day long. But feel free to look at the promises and prognostications by each campaign.

And they still have no plan. That's why the EU is demanding the Article 50 paperwork and the Brexiters won't give it to them.

Seriously, if the plan is so great....send Nigel to Brussels with the paperwork. Do it now.

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And there's a reason that no one wants to be PM...Because everyone in both the Brexit and Bremain camps knows that this will likely be an expensive mess so bad as to destroy the career and reputation of anyone foolish enough to take it.

You'll probably have to get a Bremainer to take over in September. Why not Gove or Johnson? Oh, they don't want it. Why not hold an election if there's no Brexiter that can win the Tory party leadership?

(07-01-2016 12:22 PM)Tom in Lazybrook Wrote:  

(07-01-2016 12:14 PM)UTSAMarineVet09 Wrote:  

(07-01-2016 12:13 PM)Tom in Lazybrook Wrote:  

(07-01-2016 12:06 PM)rath v2.0 Wrote:  Hey look...FTSE 250 is up another 200 points already again today. It's going to be up about 1000+ points this week. Must just be patriotic investors propping up that sick dog.

Meh, Still down for the 12 month average. And down more than the Nasdaq in the same time period. Obviously, the British economy isn't going to collapse. But they'll be a cost, it will be real, and will be apparent.

Feel free to invest in an English ETF. I wouldn't touch one with a ten foot pole. Because there's too much volatility in it. Now if you're just a volatility jockey....feel free to go for it and hope that you guess the right moves.

Either way, does anyone want to be the next UK PM?

The Bremainers never said economic collapse. They said lower growth, net investment outflows, and lower net investment.

The Brexiters promised

1) 157 million more pounds per week to the NHS? Goals were just moved
2) No net loss of subsidy for Cornwall and Lincolnshire? Goals were just moved
3) An end to freedom of movement with the EU? Goals are in the process of being moved
4) No issues with Scotland and Northern Ireland? Goals look shaky, at best
5) No economic disruption? Doubtful.

Go ahead, move your goals all day long. But feel free to look at the promises and prognostications by each campaign.

And they still have no plan. That's why the EU is demanding the Article 50 paperwork and the Brexiters won't give it to them.

Seriously, if the plan is so great....send Nigel to Brussels with the paperwork. Do it now.

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And there's a reason that no one wants to be PM...Because everyone in both the Brexit and Bremain camps knows that this will likely be an expensive mess so bad as to destroy the career and reputation of anyone foolish enough to take it.

You'll probably have to get a Bremainer to take over in September. Why not Gove or Johnson? Oh, they don't want it. Why not hold an election if there's no Brexiter that can win the Tory party leadership?

I could care less what the Brexmainers claimed, I was talking about you and what you posted.

We're more than 8 years since the announcement of Obamacare and more than 7 since the 'election' of those principles... and it STILL took almost a year for a Congress DOMINATED by the party elected on the promise to put forth the bill to be signed... and yet major components of the plan, specifically the 'luxury tax' to make the wealthy pay their 'fair share' have yet to be implemented.

Have you ONCE suggested that Obama 'had no plan'? Did you suggest within weeks after the election that he present the entire bill?? Have you ONCE suggested that he 'hurry up' with major funding sources for the care that you demand from the 'evil wealthy' as opposed to the generic tax and premium payer? Of course not.

Yet you do it here because you disagree with it, despite the fact that it has little to do with you. How much did you have invested in the FTSE?


The REAL problem is your repeated selective measures of 'value'.... pointing out that the pound vs the euro is down, but ignoring that it's still higher than 2013 and 2014, and really since 2008. FURTHER, that the decline actually began in August 2015... when 'Brexit' was non-existent.

As a corollary, the pound also used to be FAR stronger vs the dollar until 2008. Since then, the pound has certainly varied somewhat... hitting a peak in 2014... and declining ever since. I suppose that was the result of Brexit as well?

I think it easily arguable that the whole reason they want to exit is so that they are 'anchored' by their own actions and not to the broader EU... more faith in their own economy than the entire EU, which now contains lots of VERY weak (economic) countries.

Like everything else, the fate of the UK economy has far too many moving parts to assign 'blame' or 'credit' to such a narrow definition as you would like to, but when you cherry pick dates in order to act as if you're presenting economic facts, you're going to be called out on it.

The pound was falling long before Brexit. Between 2014 and 2015, the dollar absolutely KILLED the Euro (going from about 1.35 to about 1.05... after being closer to 1.60 in 2008). You can't ignore those facts. Well, you can, but it doesn't make you look 'balanced'.

There will be costs, of course. There will also be benefits. In the short run, the a-holes at the EU are going to do everything they can to make it as harmful as possible for UK, neglecting the fact that in so doing they will also make it worse on the remaining EU. But they don't give a s-t about the welfare of the EU, they care only about preserving their power base. And what scares the crap out of them is that if UK gets out of this without too much pain, Sweden and Holland and France will follow, and pretty soon it's be nothing left but Germany carrying the South, basically the modern Holy Roman Empire, which like the original, will be "neither holy, nor Roman, nor an empire."

In the long run, I expect this to be a positive for UK. The biggest negative I see is Scottish secession. But as much as England is subsidizing Scotland now--and that will increase as the North Sea production declines--Scotland could very well end up as another Greece. I could see Scotland leaving, England flourishing, Scotland struggling, and Scotland asking England for a do-over. That would be a huge blow to Scottish pride, but not unimaginable.

They'll offer them lands in the highlands, titles... tribute. All will be well.

(07-01-2016 12:16 PM)rath v2.0 Wrote:  Who cares who the next PM is? 80% of Americans could not have named the last one.

you give the gp too much credit....I can name the previous one......some tony feller....I didn't have to google it....

the only reason I know who the last cat was is b/c it's a election....

the avg human doesn't give two shites....

(07-02-2016 06:10 AM)stinkfist Wrote:  

(07-01-2016 12:16 PM)rath v2.0 Wrote:  Who cares who the next PM is? 80% of Americans could not have named the last one.

you give the gp too much credit....I can name the previous one......some tony feller....I didn't have to google it....

the only reason I know who the last cat was is b/c it's a election....

the avg human doesn't give two shites....

Gordon something (Brown?)

Sent from my XT1254 using Tapatalk

Nigel doesn't want to be around for this mess either.

Why are all the Brexiters cowards?

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My guess is that the poster that said that Brexit will never happen is looking pretty much correct. The Brits now don't want to send the Article 50 paperwork in until sometime in 2017. There's no exit strategy or negotiation plan and apparently no action to put one together either. No one supportive of Brexit wants to be PM and I'll bet few want to be in the cabinet.

Basically the whole Brexit campaign appears to be showing as a cynical campaign on the part of some English politicians to exploit the fears of certain segments of the population for political gains. Few thought they'd actually leave. And now it appears that everyone, the Brexit supporting politicians included, are attempting to run away from it as fast as they can.

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So when will England submit its Article 50 paperwork? October, 2016, sometime later, or never?

I wouldn't discount 'never' at this point. They'll probably just say Parliament needs to authorize it. It would fail in the Parliament, then they'll hold a snap election, and the Brexiters will probably lose. Hopefully Corbyn will be gone before the snap election.

What else was Nigel going to do? They have very few seats in parliament.

(07-04-2016 03:10 PM)fsquid Wrote:  What else was Nigel going to do? They have very few seats in parliament.

new thread....not surprised gts hasn't acknowledged his hero departure...