Thread: Brexit - It's Still On!

interesting, about 800 elected officials in France small villages, are actually British, and will need to give up their seats at the end of the month, or become full French citizens

didn't realize you fooks were everywhere, even in our superb French villages as elected officials

speak of letting the wolf in the hen house

SA has been right all along. I see the pound is plummeting again today exactly as he said it would. Oh wait a minute - I have the graph upside down.

I will e-mail the major banks immediately and point out to them that they are ignoring SA's numerous warnings of imminent GBP-USD parity - going back as far as 2016 - and demand an answer as to why they are not taking the appropriate action to fulfill the Prophet of Pattaya's predictions.

Of the 32,000 EU staff manning the Commission etc, around 1200 were British.

Originally Posted by Seekingasylum

Of the 32,000 EU staff manning the Commission etc, around 1200 were British.

yeah, but they all had the top positions, and the most influencing ones, that's how they stall any progress within the EU

I wonder who is going to replace that little shit at the top of ESMA,

Originally Posted by Warwick

SA has been right all along. I see the pound is plummeting again today exactly as he said it would. Oh wait a minute - I have the graph upside down.

I will e-mail the major banks immediately and point out to them that they are ignoring SA's numerous warnings of imminent GBP-USD parity - going back as far as 2016 - and demand an answer as to why they are not taking the appropriate action to fulfill the Prophet of Pattaya's predictions.

The near parity was an estimate in light of a WTO exit, whereas the devaluation, a devaluation that has not changed since I forecasted it in 2016 and remains at minus 20%, remains precisely that today. The marginal shift today reflects ratification of the WA but if Goebbels firms up on WTO threats then we'll see yet more volatility again but if WTO exit happens, then £ = $1.10 and 1EUR is a certainty.

Quite why you cannot comprehend that is mystifying but the obtuseness of the average Brxiteer is never to be underestimated, eh?

Brexit is going to bring a new EU, more integrated, with more power and more leverage

ironic that such a British centric event could have such a grand positive influence on the future of the EU, making the union stronger, not weaker

Originally Posted by PAG

^^

Not suggesting that it's a Brexit issue, merely that the EU itself is walking an economic tightrope, particulary due to the diversity of the 27, and the spectrum of abilities to become carbon neutral in the medium term without unimaginable sums being thrown around with the ultimate decline in the more advanced countries economies which is not going to make their populations very happy. As with "you can't have your cake and eat it" so there will be "there's no such thing as a free lunch".

And I doubt anyone believes "you can't have your cake and eat it" so there will be "there's no such thing as a free lunch" is the case and I would suggest that you seriously underestimate especially the central and northern European populations' willingness to forego a certain amount growth for the march towards a greener environment.
It may not be a big issue in the UK, or the UK government, but it certainly is elsewhere and the UK will benefit yet again from something they both disdain and place very little effort on.

Also, quite a bit of news from the areas of the UK where EU money has kept them alive for decades . . . demanding the UK keeps the same level of support and subsidies and investment . . . these same communities who were dumb enough to believe that voting for Brexit would mean their cake and free lunch from the EU would continue. The phrase 'thick as pigshit' comes to mind

^

You're right PH, there are countries who's green credentials lend themselves towards continuing pressing to enhance environmental safeguards and for whom national economic growth will be of secondary concern. However, I think that your own disdain for the UK in its efforts in this area to be misplaced, not only within the UK itself, but more globally. An example, the UK Government announced a ban on overseas aid to countries still mining coal.

Re the EU money subsidising communities, agriculture etc, you have to bear in mind that any money coming from the EU to the UK is only that which the UK has already contributed to the EU budget. Contrary to a previous post from Butters, the UK is a nett contributor to the EU budget, in fact it's the second largest contributor after Germany, and whilst the UK's agreed 'divorce' payment will provide relief in the short term, to maintain the envisioned expansions and carbon neutral aspirations is going to require ever increasing contributions from what are the minority of nations who are nett payers. In the case of agriculture in particular, disbursements of subsidies and grants etc are subject to EU prescribed formulas. This system favours the larger and/or lazier farmers (French?). The UK will maintain subsidies however the intent is also to introduce environmental good practice criteria and individual cases.

Maybe you would like to looks at this:

The UK contribution to the EU budget - Office for National Statistics

Originally Posted by PAG

An example, the UK Government announced a ban on overseas aid to countries still mining coal.

So they've announced they're going to give out less money?



That's a tory promise, if ever I've heard one. And you think this is a sign of considerable commitment?

Originally Posted by PAG

The UK will maintain subsidies however the intent is also to introduce environmental good practice criteria and individual cases.

That would, indeed, be a good thing

Originally Posted by panama hat

That would, indeed, be a good thing

Well we'd better stop giving funds to China as they are busy un-mothballing and opening new pits. They've realised their short-medium term energy demands can't be met by their green power gen initiatives..and new green electric demand; open more coal mines, burn it and convert to electricity to run their electric cars

Oh

Better include Poland too

Chass, GBP at 40+ ? what are you smoking in that remote Indonesian island?

You'll be pleased to hear Butters, that the European Union (Withdrawal Agreement) Bill has just received Royal Assent and is now an Act of Parliament. Phase one is formally finished.

let's celebrate

The baht is 40.05 which means an exchange rate available at around 39.70.

Before Brexit it was 54 baht in 2015.

£ buys $1.31 today, back in 2015, before Brexit, it was in the range $1.56 - $1.59.

The fact the average Brexshitter cannot grasp the significance is quite telling.

They truly are the stupidest folk ever to have voted.

Originally Posted by Seekingasylum

The baht is 40.05 which means an exchange rate available at around 39.70.

Before Brexit it was 54 baht in 2015.

£ buys $1.31 today, back in 2015, before Brexit, it was in the range $1.56 - $1.59.

The fact the average Brexshitter cannot grasp the significance is quite telling.

They truly are the stupidest folk ever to have voted.

I am pointing out that the exchange rate is 40+ today. That is the amount I would get if I were dumb enough to live in Thailand today. If you only 39.7 that just proves how dumb and irrelevant your financial forecasts are.
No one is disputing the change in rates over the last 3/4 years, so you repeating it makes zero difference to today’s rates, other than the fact that you are currently being scammed.

Originally Posted by Dragonfly

no, it isn't, you stupid Hobbit

the selling rate is the spot rate (below 40) + the bank commission aka spread

The rate I am quoting is the rate available to me on TransferWise today, you fucking simpleton. I choose not to use it because Thailand, along with you and your chum seekingass are all a bit backward.

FFS, those pensioner idiots keep getting lured into 'declared' rates and always forget the spread and bank cost

no wonder they get fooked all the time,

Originally Posted by Switch

The rate I am quoting is the rate available to me on TransferWise today, you fucking simpleton. I choose not to use it because Thailand, along with you and your chum seekingass are all a bit backward.

Transferwise is quick and smooth, much faster than XE, and though they offer the mid-market rate this is after deducting (memory gone) commission, so your net receipt will be less than the mid rate. XE offer no commission but with a reduced rate.

This boils down to very little difference between the two, though TF wins with a faster service.

That said, mid is 40.02 so net should be around 39.85/90 right now, and poised to piss off SA.

He's living in some jungle Sumatran bothy with coons and orang utans and he affects some imagined superiority? Poor chap couldn't afford Samui or Thailand and now ekes out a twilight existence communing with the fucking trees.

Christ, even Port Talbot would be better than that.

even with a bigger transfer, say 100,000 GBP, it's still below 40 and will give you 3,980,593.3 THB

that's 39.80 for you, chass

and Transferwise won't allow transfer that high in THB, so it would be 50K GBP max

regardless, that 'declared' rate doesn't exist

Originally Posted by Dragonfly

even with a bigger transfer, say 100,000 GBP, it's still below 40 and will give you 3,980,593.3 THB

that's 39.80 for you, chass

and Transferwise won't allow transfer that high in THB, so it would be 50K GBP max

regardless, that 'declared' rate doesn't exist

TF allow any amount by negotiation, and you can set a rate for (memory still gone) x days regardless of fluctuations. If you want to tf say 500k @ 39.90, you could do 10 x 50k at that rate over the agreed period.

We're close to your 40 net.