Thread: Brexit - It's Still On!

Originally Posted by jabir

No schadenfreude here

Well no, because it would come after the demise.

You go ahead and flatter yourself though that your turkey lurkey prophesies haven't come true and that makes you a good guy, rather than just a guy getting it wrong.

It comes to something when even an organisation as devoid of morality as the English Premier Football league has to go against the PM's 'guidelines', and do something that will harm its bottom line by cancelling games.

A more faulty moral compass than the EPL...yeah, that takes some doing.

Originally Posted by cyrille

Well no, because it would come after the demise.

You go ahead and flatter yourself though that your turkey lurkey prophesies haven't come true and that makes you a good guy, rather than just a guy getting it wrong.

Not really, monsters don't go quietly, and when the EU does begin to disintegrate it won't be pretty for anyone, not even me.

Sure I could be wrong, but could also be right, heh?

Way things stand I reckon we Brits saved the EU, but as usual no gratitude and none expected!

If we hadn't made such a hash of it, starting with the dumber and dumbest of electing a Remainer to supervise Brexit while uniting a disunited block, it would be visibly collapsing right about now, what with CV, fiscal woes, civil discontent, an overdue recession, trouble at t'borders, there's no reason for the EU not to simply pack up do a runner.

Italy has suffered from membership far more than we did, and if we didn't vote out they may well have; we should have waited for them to exit and then led the stampede out.

You're welcome!

Originally Posted by cyrille

against the PM's 'guidelines',

Sigh...its the team of medical experts that have provided the policy advice. Yes BoJo could go against it but like you he ain't a medical or modeling expert. What a fukwit.

Originally Posted by Seekingasylum

the £ has tanked against the US $, now $1.23, and the Euro, now EUR1.10.

On the up side, my parents just made about 40,000 pounds more than they thought when transferring Euros over to the Uk in the last couple of days...

Originally Posted by Bettyboo

On the up side, my parents just made about 40,000 pounds more than they thought when transferring Euros over to the Uk in the last couple of days...

Yes because the pound has fallen much more than the Euro in the last week. Wonder why that is?

^ Interest rate reduction and borrowing. FFS who let this moron escape the buffet.

Betts your bruv is describing some of the reasons for such a quick market sell off, i.e it was waiting for a some excuse to correct from an inflated position with a lot of jittery short term investors, they have over reacted imho but that is traders, bonuses as you know.

Originally Posted by Seekingasylum

You idiot Jabir, the £ has tanked against the US $, now $1.23, and the Euro, now EUR1.10.

Despite Carney's so called bazooka of interest rate reduction and QE, the BoE is powerless to alter the inescapable fact that Britain, already weakened by Brexit nonsense and likely return to a trading culture of tariffs and quotas together wit its debt imbalances, low productivity and contracting manufacturing sector, is going to be further crippled by the self -isolation of the entire occupational work force from next week onwards.

£ now trading at 38.50 baht at exchange booths.

Poor old BoJo, he's lost his Brexit mojo and there's no call for his piffle-waffle patter and silly jokes. The UK is sliding down the economic shitter, stock markets collapsed, production has collapsed, the £ has collapsed and people are going to die in their hundreds.

And what has been his leadership?? Err, we are now in the delay phase............

No wonder the £ is crashing, the markets know Britain has a wanker for PM and his cabinet of Orcs are worthless lickspittles with no initiative.

So good to know that you admit the existence of a global pandemic might have a financial impact on markets and exchange rates. Well done old boy. ;j

The Brexit disaster has compounded the impact and made it that much, much worse.

And having an idiot clown as a PM just adds to the insanity.

Despite the utter dislocation to the process precipitated by national quarantines now in place on a growing global scale, the buffoon BoJo insists it will not delay the negotiations which will end according to his self imposed deadline of 31.12.20, no matter what.

With a fucking idiot this stupid in control I expect the death toll among the English to be thousands.

Bizarrely, schools are to be kept open. As any epidemiologist will tell you, in viral outbreaks schools are the prime vector in transmitting contagion among communities and families, they are veritable Petri dishes cultivating more infection and should be closed down as a priority measure.

well, Brexit and the bad news on Coronavirus might impact more severely the GBP and the UK, hence correlating and increasing the bad performance for the UK

It is amazing how this lot seem to ignore that the EU, before the CORVID19 issue is on the cusp or already in recession. Same one sided blinkered bollox from the UK haters, it is amazing what a bunch of nasty bile filled people they have become, sad really.

Originally Posted by NamPikToot

It is amazing how this lot seem to ignore that the EU, before the CORVID19 issue is on the cusp or already in recession. Same one sided blinkered bollox from the UK haters, it is amazing what a bunch of nasty bile filled people they have become, sad really.

They are hilariously dumb. &, at every point they are proven wrong, yet they just keep going...

Under the current circumstances, for sure there are no winners, and every nation is conducting a damage limitation exercise.

However, what Corunavirus has done is expose the disparity amongst the EU. Witness the appeal from Italy for support a few days ago, which was met with a deafening wall of silence from the other 26 EU countries, and only China stepping up to the mark to offer material and expertise support. Doesn't bode well for collectives such as an European Army does it? FFS.

The EU is degenerating into a 'every man for himself' club, with the ECB pretending that everything is going to be OK with the offer of more money (though you'll pay for it a la Greece) whilst maintaining relatively high interest rates, and those dependent upon tourism going to be on their knees very, very shortly. The exposure of differing support required and liquidity between the 27 is beyond comprehension.

Thankfully, and sure, the UK is going to suffer immensely, but at least they know they are standing alone and can do whatever it likes to weather this storm.

Bad time all round, however for the EU, trying to take one step forward in its next budget, catastrophic.

Your post makes no credible argument whatsoever that the EU will suffer more than the UK.

You’re just cheering for your team.

If looking at the three posters above who share your allegiance isn’t sufficient to concern you then you have my sympathy.

^ muppet, you along with Sausages and Lom have been sat wringing your hands with glee at the supposed damage Brexit will wrought but that's really more a reflection on what sad people you are that you take pleasure in others suffering - been apparent in your posting history since day one. Well if it makes you happy.

Originally Posted by Bettyboo

^ Tweedledee & ^^ Tweedledum...

Brexit was factored into the markets long long ago... It has fuk all to do with the recent pound decline; but, as usual, the proven morons think they know better than money traders...

Why are you lot even on this thread??? It is over, you lost. Go home and wet your beds.

Your simplistic generalisations really do shine a light on your inability to analyse.

There was no single Brexit quotient that was calculated by the market traders which then determined subsequent price mechanisms, as you so stupidly imply.

Initial prices using the baht as a measure were: morning after the vote = 48 baht, Tory conference Oct 2016 and withdrawal from CU and SM = 42baht, August 2019 BoJo suspends parliament = 37 baht, 8 March 2020 Barnier says agreement possible = 41.15 baht.

And then the Grim Reaper came along .....

The point is, the markets, like everyone else with a brain, never thought for one moment the crazy Brexshit loons would want to quit the CU and SM without any sort of plan or strategy beyond mere rhetoric. But thy did and May got on her hind legs and gave it to them at the Tory conference. The drop from 48 baht to 42-40 baht was never "priced in", it was a crash event reacting to a shock.

Originally Posted by cyrille

Your post makes no credible argument whatsoever that the EU will suffer more than the UK.

You’re just cheering for your team.

If looking at the three posters above who share your allegiance isn’t sufficient to concern you then you have my sympathy.

Not an argument, more an observation. As I said previously, what this is really doing is highlighting the disparity amongst the EU 27, and their collective willingness to pull together doing periods of real crisis.

Cheering for my team? Don't know about that. Lived here in Thailand for the past 13 years, and 10 years in Spain prior to that. There is much about the UK that I dislike and hence for 25 years have chosen not to live there. However, I do respect that the majority have chosen to leave the EU and inspite of supposed advocates of democracy seeking to reverse and undermine that decision, I wish them the very best, and I abhor British passport holding individuals who seek to denigrate a nation that is upheld as representing fairness and decency.

There will be no winners in the ongoing negotiations, however it's my personal belief that through the economic pressures that coronavirus has brought to every nation, the UK as an independent country with fiscal and legislative freedom, will be able to weather this storm better than the EU. Freedom of movement? Wait for the new border closures.

Originally Posted by Bettyboo

Brexit was factored into the markets long long ago... It has fuk all to do with the recent pound decline; but, as usual, the proven morons think they know better than money traders...

So it is only in England that company management exchange their shares for money? It is only England being hit by the corona virus making the stocks fall?
You could at least have tried to find something England unique that could explain why the pound drops so much compared to other currencies, your explanation doesn't hold.

He has no idea what he's talking about.

He's proven that repeatedly over a very lengthy period now.