an opportunity for anyone who says it is nothing to do with Brexit to explain what has caused it.
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Welcome to the new B.I.R.D. Forum. Please be sure to read the "New Member / New Registered ? Please Read" thread in the Coffee Shop. This contains some important information. To become a full member ( £5.90 a year ) simply click on your user name near the top on the right I hope you enjoy the new site ................ Jaws ( John )
Collapse of £
- Thread starter andyBeaker
- Start date
The friggin banks speculating again...and the greed of the pigs at euro trough trying to forestall brexit causing uncertainty
I have also just read that securitisation is starting to grow again, again most of it coming from shit loans the poxy yanks have made.. Of course that is leading to an increase in leveraged finance provision which is already caused a big boom in distress corporate credit booming..
Either the bankers stateside are all as thick as two short ones or their greed is beyond the average joes comprehension
Last week I could buy 1.13.6 € for quid.. thaks to more dicking around it is tonight at 1.10.4 to the £
If the fuckwit politicisation would let May get on with it, the £ would stabilise and we could ALL move on
I have also just read that securitisation is starting to grow again, again most of it coming from shit loans the poxy yanks have made.. Of course that is leading to an increase in leveraged finance provision which is already caused a big boom in distress corporate credit booming..
Either the bankers stateside are all as thick as two short ones or their greed is beyond the average joes comprehension
Last week I could buy 1.13.6 € for quid.. thaks to more dicking around it is tonight at 1.10.4 to the £
If the fuckwit politicisation would let May get on with it, the £ would stabilise and we could ALL move on
The politicians in general have no intention of allowing Brexit. All this maneuvering is to get a second referendum. The EUs answer every time the vote doesn't go the way they want is to wait a while and ask the question again and again until they get the answer they want. Brexit shocked them as they didn't expect it and us leaving loses lots of alternative jobs for failed politicians and starves the EU begging bowl of funds which Germany and France are going to have to fill. This mob in Wales have income tax RAISING powers from 6th April so thank feck I'm off back to Norn Irn in the spring. Some comedian suggested they might lower taxes but what labour government has ever lowered taxes.
I think ( going by a straw poll of bike club members tonight ) if they O get a second referendum there is every chance they will NOT like the outcome..
During the past several months the prols of the UK have been forced to bear ( had to check which bear is correct
)witness to the way the EU works and how much of a bully it can beSeveral who voted remain have now changed sides.
Mind you, no doubt a lot of the leavers will change to cos they are just sick and tired of it all.
But many, like me are more convinced than ever that leaving is the right decision
Brexit has definitely shown the true nature of some of so called European "friends and allies".
A large part of the turmoil in the markets is the uncertainty and the pathetic dithering coming from Westminster.
If you were planning to invest in Britain, or expand or bring your business to Britain would you do it at the moment...? Not while our f*ckwit MP's behave like a bunch of spoilt kids in a creche....
A large part of the turmoil in the markets is the uncertainty and the pathetic dithering coming from Westminster.
If you were planning to invest in Britain, or expand or bring your business to Britain would you do it at the moment...? Not while our f*ckwit MP's behave like a bunch of spoilt kids in a creche....
To be fair, I think May is trying to complete a Unicorn and fairy dust task, while trying to keep 200 spoilt children in hand AND all while she is hog tied and fighting off dragons !
Derek, this thread is your opportunity to explain why the £ has collapsed and how it is not linked to Brexit...
The uncertainty has been there from the moment the result of the vote was known. Investment in the UK pretty much stopped overnight as nobody knew what the impact would be.
Still don't!!
Wrong. Some of the largest multi-national companies (car manufacturers, for example), after initially believing the gloomy forecasts from that Canadian doom-monger at the Bank of England, have gone ahead with some major investments in UK car plants.
I chose my words carefully so I am not wrong.
Yes there has been investment but many have or are planning to go offshore.
Let's face it, nobody knows what the hell is going on.
Which was always going to be the case.
Let's hope the price is worth paying.
I see what you are saying but am not sure its correct
Remember May was vehemently anti brexit & since the vote went the way it did she has done nothing more than try to appease everyone instead of doing the job she is employed to do, the reason I think is that she wants to keep that big fat paycheck coming in
Now its looking like another vote & another & so on ad infinitum until she gets the answer she was after in the first place, bitch should to be strung up imo
As for Andybankless, don't be so bloody daft man, of course its tied to brexit & cant be separated from it so your comments on that are silly in the extreme .................. but its not the fault of the vote going the way it did its a result of the aftermath as eloquently explained by Jaws & others above & also the fault of the rest of the anti brexit mob (inc May & her cronies)scaremongering just as you are trying to do here (& sensibly being ignored in the main)
I chose my words carefully so I am not wrong.
Yes there has been investment but many have or are planning to go offshore.
Let's face it, nobody knows what the hell is going on.
Which was always going to be the case.
Let's hope the price is worth paying.
Nobody knows whats going on because that's the way the government wants it right up until the point they get another vote & the result they were all expecting in the first place
I am not a financial whizz kid but I do know that currency fluctuates all the time, I can recall getting 2.20 usd to the £, now it’s nowhere near that, suppose Brexit is to blame for that, oh hang on this happened long before Brexit was mentionedDerek, this thread is your opportunity to explain why the £ has collapsed and how it is not linked to Brexit...
Get your facts right if you are going to have a pop
It isn't me on here (or in the real world) who is claiming that the collapse of the £ is nothing to do with Brexit.
Oh, and 'explanations' above are largely way, way wide of the mark to the extent of being comical. In my opinion. Presumably I am allowed one??
It can all be argued about ad infinitum but the basic principles of economics do not change. That is what happens in the real world every day and affects exchange rates, interest rates, fuel prices and even how much your paperboy/girl gets paid.
Uncertainty, present in massive doses at the moment, causes carnage and lack of confidence.
Everybody needs to wake up - pro brexiteers saying that anything bad happening is anti brexiteers stirring it up, anti brexiteers saying it is all pro brexiteers propaganda.
Just effing get on with it.
Oh, and while on the subject, please give a few bullet points on what Mrs May should be doing differently. All too easy to slag off those that are trying to do something that is incredibly complex and has never been done before. I will happilly listen to slagging off if it is backed up by something constructive ......
Weak Derek, weak.
Of course currency fluctuates. But it doesn't just happen, economic forces are behind it.
Ok, as Brexit hasn’t happened yet how can it be blamed for a collapsing currency?Weak Derek, weak.
Of course currency fluctuates. But it doesn't just happen, economic forces are behind it.
Now, you could blame the uncertainty of the potential Brexit for it’s collapse, or you could blame the lack of confidence in the clowns that run our country.