1. #13401
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    back to the topic, lets put silly Cy on ignore, he is a boring nobody

    can't wait for BoJo to become PM, and starts his magic tricks

    We thought Doris shitshow was a masterpiece, we haven't seen anything yet

  2. #13402
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    And the markets have now priced in BoJo the Clown's win and as expected the £ rate slid to the 39.21 baht meaning transfers will be in the order of 38. Further weakening is expected as the Brexit contagion spreads ever deeper into the economy. The hard Brexit option looms larger and so 32 baht is pretty much the new rate for Oct.

    That certainly is going to rattle a few cages.

    800,000 Brits have been travelling to Thailand for their hols but this is going to put a dent in the market - operators for next year will be looking to negotiate Thai prices down and profit margins will be squeezed. In the end, Brits will be dropping out meaning more bad news for the Brit oriented bar scene in Bkk which is already on its knees - in Pattaya it is now moribund totally, Brit wise.

    I should imagine the 45,000 Thai resident in the UK who send remittances back home to the family will be grumbling too, never mind the hundreds of Brits who were contemplating their retirement here, many of whom cannot now qualify for retirement visas on income criterion given the rate, after hard Brexit, will have been reduced by nigh on 40% since 2015.

    Effectively, Brits have become the new Russians.

    One wonders just how many meathead British ditch digging whoremongers voted to Brexit oblivious of the likely impact upon currency rates.

    Of course, those of us who have already bought saleable property are protected but as we know many properties have fallen in value because of over-supply and simply not meeting the new market demographic.

    The British economy is now more than ever heading into a decade long period of stagflation.

    Those with large mortgages are going to be crippled but when the continuing collapse in manufacturing jobs spreads its ripples deeper into the economy the misery will be compounded that much more.

    Disposable incomes are shrinking but the likely new inflation rate of 5% is going to shrink them further and with debt becoming more expensive no one will be buying as a hobby.

    Next winter should be great fun.

  3. #13403
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    Quote Originally Posted by Seekingasylum View Post
    And the markets have now priced in BoJo the Clown's win and as expected the £ rate slid to the 39.21 baht meaning transfers will be in the order of 38. Further weakening is expected as the Brexit contagion spreads ever deeper into the economy. The hard Brexit option looms larger and so 32 baht is pretty much the new rate for Oct.

    That certainly is going to rattle a few cages.

    800,000 Brits have been travelling to Thailand for their hols but this is going to put a dent in the market - operators for next year will be looking to negotiate Thai prices down and profit margins will be squeezed. In the end, Brits will be dropping out meaning more bad news for the Brit oriented bar scene in Bkk which is already on its knees - in Pattaya it is now moribund totally, Brit wise.

    I should imagine the 45,000 Thai resident in the UK who send remittances back home to the family will be grumbling too, never mind the hundreds of Brits who were contemplating their retirement here, many of whom cannot now qualify for retirement visas on income criterion given the rate, after hard Brexit, will have been reduced by nigh on 40% since 2015.

    Effectively, Brits have become the new Russians.

    One wonders just how many meathead British ditch digging whoremongers voted to Brexit oblivious of the likely impact upon currency rates.

    Of course, those of us who have already bought saleable property are protected but as we know many properties have fallen in value because of over-supply and simply not meeting the new market demographic.

    The British economy is now more than ever heading into a decade long period of stagflation.

    Those with large mortgages are going to be crippled but when the continuing collapse in manufacturing jobs spreads its ripples deeper into the economy the misery will be compounded that much more.

    Disposable incomes are shrinking but the likely new inflation rate of 5% is going to shrink them further and with debt becoming more expensive no one will be buying as a hobby.

    Next winter should be great fun.
    You write with great conviction and authority, and yet you possess neither. How appropriate for a retired civil servant.

    Since the start of this thread and its predecessor, not one of you authoritative predictions has achieved anything remotely close to validation.

    Quite why you would continue to repeat such foolishness, suggests a retirement spent on illegal medication. Nothing else could cause such blinding and repetitive fantasy.

  4. #13404
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    Quote Originally Posted by Dragonfly View Post
    the 39bn is not the question, it's all the other financial obligations to the EU, something like 75bn
    And that 75bn is a legal accounted and agreed obligation, or something a lowly educated Belgian (not you) might decide we should pay?

  5. #13405
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    Quote Originally Posted by Switch View Post
    You write with great conviction and authority, and yet you possess neither. How appropriate for a retired civil servant.

    Since the start of this thread and its predecessor, not one of you authoritative predictions has achieved anything remotely close to validation.

    Quite why you would continue to repeat such foolishness, suggests a retirement spent on illegal medication. Nothing else could cause such blinding and repetitive fantasy.
    I rather think only the width of a cigarette paper separates you from Numbdiktwat in the stupidity stakes.

    I have consistently forecasted: a devaluation in currency (now approaching 25% since the 2015 high), the upheaval in Irish/NI politics and the threat of Brexit to the GFA (that issue alone has scuppered the WA), the threat to the manufacturing sector ( Ford, Honda, PSA, etc have quit UK and BMW, Airbus are to follow ), the renaissance of a second Scottish independence vote, and of course the re-landscaping of British politics that has seen the Tory party lose two PMs, a Commons majority and half its constituency over hard Brexit mania.

    Apart from that, yep, I've been wrong.......you steaming great pillock.

    Oh, and yes, I forgot that since 2016 we have lost £100 billions as a consequence of loss in confidence arising from the Brexit insanity which was fuckimg obvious to the world and his wife.

    Oh, how could I have forgotten the more important development that I foresaw, the devaluation in currency precipitated an immediate increase in inflation of 2%, a rate that will hit 5% for the fucking obvious reason I gave earlier.
    Last edited by Seekingasylum; 15-06-2019 at 10:59 AM.

  6. #13406
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    Quote Originally Posted by Switch View Post
    You write with great conviction and authority, and yet you possess neither. How appropriate for a retired civil servant.

    Since the start of this thread and its predecessor, not one of you authoritative predictions has achieved anything remotely close to validation.

    Quite why you would continue to repeat such foolishness, suggests a retirement spent on illegal medication. Nothing else could cause such blinding and repetitive fantasy.
    Dont encourage him re his writing style as Simon (ghost of the moog) once told him he could make a living out of writing and that had thegent fawning all over him not realising the moog was just winding him up and ever since then his writing has gone downhill due to him trying too hard. All he does is just repeat himself these days.

  7. #13407
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    What, like you mean "Poor Bumbumboy, the would-be Flashman, neither flash nor a man, marooned in a squalid, post-industrial suburban bothy prattling his schtick to northern, knuckle dragging Philistines talking out the sides of their slobbering mouths with one eye on the pub door and the other on the cellulite-ridden barmaid's tits" sort of thing?

  8. #13408
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    Bloomberg 'expert' says strong resistance $1.25 (now $1.25896), at current rates of decline that's later this week.

    Doff hat to the 'expert' but doesn't feel like it will hold, and if it does break the £ should go into freefall. Freefall? I thought that's what we were watching since $1.31 just last month!

    But it will recover, wouldn't be the first time we reached $ parity, shrugged it off.
    Last edited by jabir; 15-06-2019 at 01:20 PM.

  9. #13409
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    Oh christ, jabby’s off on another ‘inner dialogue’.

  10. #13410
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    Quote Originally Posted by jabir View Post
    And that 75bn is a legal accounted and agreed obligation, or something a lowly educated Belgian (not you) might decide we should pay?
    yep accounted as liability in your great national accounts, part of the supranational agreement you signed and ratified with the EU, and sign into laws

    forget the 39b, in a hard Brexit it's irrelevant

    I think BoJo will have a fatal accident before a hard Brexit ever happen

  11. #13411
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    The EU leaders really have underestimated that Brexit thing with the Brits,

    the Brits are loons, their viking DNA means they will prefer to self destruct rather than accept a compromise and do the right thing

    BoJo is a coward, I suspect he will cave in to the pressure, and will betray everyone


  12. #13412
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    Quote Originally Posted by squirrel View Post
    Oh christ, jabby’s off on another ‘inner dialogue’.
    Hi squirrel, you still here, nobody to piss off today?

  13. #13413
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    Quote Originally Posted by Dragonfly View Post
    yep accounted as liability in your great national accounts, part of the supranational agreement you signed and ratified with the EU, and sign into laws

    forget the 39b, in a hard Brexit it's irrelevant

    I think BoJo will have a fatal accident before a hard Brexit ever happen
    39bn may be irrelevant to Belgians on the tit, but thanks for clarifying that it's 75bn we actually owe you and your gods gave us a whopping discount.

  14. #13414
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    BoJo was on French TV, didn't realize he could speak French so well, definitely the perfect candidate for British PM

    apparently the Maybot agreement with the 39b divorce bill is actually already signed and binding, but it still needs the ratification of the UK parliament for political reasons. Not sure what it really means.

    however, it seems that the 39b is actually binding so not paying would technically mean that the UK is defaulting on a payment, though don't think it would put all UK debt on a credit notice, it will still send a signal to markets and the world that the UK government is not serious and can't be trusted and could force the EU to block future frontiers (embargo) and cooperation until everything is paid. Basically, a Pandora box you don't want to open.

    Theresa May was dishonest and a disaster, it took some time for everyone to realize that and it was too late. BoJo is going to be in the same position, making promises he can't deliver in a parliament that is not cooperating with any options

  15. #13415
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    If any of that is true which I doubt, a) coming from you and b) it would make global headlines though the www has missed or can't be arsed reporting it, but doesn't matter since you've already confirmed that 39bn is petty cash and we should thank your gods for letting us off light. But they'd still need to whistle quite a while.

    Also wouldn't surprise me one bit, having predicted years back that she would fcuk 'the country she lervs' through smallprint.

    On the plus side, for her and you, it guarantees her place at the trough, and for decent folks also a crisis that would ultimately accelerate the EU's demise. So I'm all for it.

  16. #13416
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    Quote Originally Posted by Dragonfly View Post
    apparently the Maybot agreement with the 39b divorce bill is actually already signed and binding, but it still needs the ratification of the UK parliament for political reasons. Not sure what it really means.
    It can hardly be binding if ratification by the UK parliament is a pre-requisite.

    Paying 39b to facilitate free trade is all well and good - if justifiable. But paying simply because the EU has a hole in its budget and needs money to fund the promised 'Gender Equality Donkey Ride Project' on Bulgaria's Black Sea beach is not.

    I agree that Bozo will have his hands tied by his lack of a working majority, both in the house and in his own party. His best option is to go for a snap GE before people realise what an idiot he is.

    I don't see the EU backing down on the Irish back-stop which is clearly the sticking point in May's agreement. Varadkar has probably been sold the story that the back-stop will force the UK to abandon NI and he wants his statue in O'Connell St, as the man who reunited Ireland.

  17. #13417
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    Quote Originally Posted by Seekingasylum View Post
    I rather think only the width of a cigarette paper separates you from Numbdiktwat in the stupidity stakes.

    I have consistently forecasted: a devaluation in currency (now approaching 25% since the 2015 high), the upheaval in Irish/NI politics and the threat of Brexit to the GFA (that issue alone has scuppered the WA), the threat to the manufacturing sector ( Ford, Honda, PSA, etc have quit UK and BMW, Airbus are to follow ), the renaissance of a second Scottish independence vote, and of course the re-landscaping of British politics that has seen the Tory party lose two PMs, a Commons majority and half its constituency over hard Brexit mania.

    Apart from that, yep, I've been wrong.......you steaming great pillock.

    Oh, and yes, I forgot that since 2016 we have lost £100 billions as a consequence of loss in confidence arising from the Brexit insanity which was fuckimg obvious to the world and his wife.

    Oh, how could I have forgotten the more important development that I foresaw, the devaluation in currency precipitated an immediate increase in inflation of 2%, a rate that will hit 5% for the fucking obvious reason I gave earlier.
    You have consistently insisted the the gbp will reach parity with the usd. Never happened, nor will it. You claim inflation will reach 5% but that hasn’t happened either.

    Everything else is just you regurgitating facts already in evidence. The causes of inflation can be hitched to any horse. Maybe your donkey got a piece of it. The increase was not immediate, but gradual. A common cyclic event.
    You can throw away your broken crystal ball now.

  18. #13418
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    Quote Originally Posted by Warwick View Post
    It can hardly be binding if ratification by the UK parliament is a pre-requisite.

    Paying 39b to facilitate free trade is all well and good - if justifiable
    would be logical, but apparently it's been ratified somehow at the EU level, and the UK parliament is simply a political declaration. Of course both sides are not extending on this as it would put the extremists on fire and block the whole situation forever.

    The 39b was never a core question, it was agreed and both sides seemed to be happy about it. But it's binding and actually good news for you guy, because it's cheaper than the full legaly committed obligations you previously had. It gives you a bargain exit to an expensive relationship.

    So Doris deal has been already ratified at the EU level, by everyone including the UK, didn't need the UK parliament to make it binding since the UK is still part of the EU and follow EU rules to ratify agreements.

    The political declaration (with the UK parliament vote) is needed though to implement the Doris deal. So it seems technically you already have signed up for the Doris deal, and the 2 years negotiation has started, with the 39b price tag.

    so we are being entertained about hard Brexit, but it won't happen until the 2 years negotiation for the final agreement is agreed for both parties. Hard Brexit on Oct 31 is simply the official declaration that no further political discussion will be happening with both parties.

    We are being played !!!

  19. #13419
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    Chas, you focking idiot, the inflation rate in June 2016 was zero but by 2018 it was 3%. What other momentous event in British socio-economic-poltical history happened that provoked it if was not the referendum vote, you gormless idiot. And I predicted the immediate fall in £ value and said that it would hit near parity with the USD on a hard Brexit. We still haven't had fucking Brexit yet and we still don't know on what terms but nevertheless the rate is now $1.26 which is pretty well on trend to conform to my forecast that has been echoed by the fucking markets. And in the same way inflation rose on the 2016 devaluation so it will again when we get the hard brexit devaluation, you mofo.
    Jesus, it's a fucking certainty.

  20. #13420
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    I predicted the immediate fall in £

    ffs, a dessicated amoeba in a blindfold would have made a similar prediction.

  21. #13421
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    You silly old etiolated flubberfuck, get your head out of your fundament. I was the one who said it was devalued and that the devaluation would reach near parity with the USD on a hard Brexit. Everyone else said, including you, it was a mere blip and the £ would bounce back soon.
    Everything I said has come true, the £ is permanently devalued, inflation rates rose with the devaluation, investment is down, GDP has contracted, assets have flowed out to the tune of £1 trillion and the manufacturing sector is contracting with the flight of foreign companies escaping the threat to their supply chains.

    And when BoJo is elected the chaos in October will lead to another GE when the £ will be around $1.15.

    This is shaping up to be one fucking great rollercoaster ride and if the Iranians mine the Hormuz the price of oil will no doubt rise again.

  22. #13422
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    GDP has contracted? Did you get that from a Guardian opinion piece and take it as fact without bothering to check?

  23. #13423
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    ONS statistics, you dozy eejit - GDP shrank 0.4% April.

    Worst fucking figures since 2002.

    Brexit, the fucking retard's show that just keeps on giving, brought to you by ImbecilicFuckwits'RUs.

    Honestly, it's like the whole fucking country has become populated by ESN folk.

  24. #13424
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    its hilarious that Mr Sausages is bleating on about the UK economy tanking against the backdrop of the recession tightrope being walked by the eurozone; but we'll just ignore that to suit his repetitive agenda.

  25. #13425
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    You are so fucking stupid you still cannot comprehend that any down turn in the EU will exacerbate the broken down British Brexit economic recession made all the more painful when the £ will be worth fuck all and all that imported gas/oil and 60% of our food is going to cost 20% more.

    Exacerbate means "worsen" by the way, you mofo cretin.

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