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Post by Deleted on Mar 11, 2018 8:03:29 GMT
“Brexit means Brexit is a very interesting expression,” says the Russian ambassador, referring to Prime Minister Theresa May’s mantra on exit. “It reminds me of Leonid Brezhnev saying, ‘the economy should be economical’.” Link |
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Post by Deleted on Mar 11, 2018 8:10:35 GMT
Hahahaha! Intelligent, successful and principled man puts his money where his mouth is shockah! Oh, you mean the principled man who's strongly, religiously, against 'anti-life' yet has shares in pills that are used to cause abortions? "But he admitted: “It would be wrong to pretend that I like it but the world is not always what you want it to be.”" That principled man? You'll even make yourself look silly to support anything you deem to be right-wing? Wow man, you need to lighten up. |
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Post by perrykneeham on Mar 11, 2018 8:42:10 GMT
Pragmatic too. Seems like an excellent future PM.
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mids
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Post by mids on Mar 11, 2018 9:35:55 GMT
Yep, looking forward to PM Rees-Mogg.
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Post by Repat Van on Mar 11, 2018 10:00:49 GMT
Hahahaha! Intelligent, successful and principled man puts his money where his mouth is shockah! Oh, you mean the principled man who's strongly, religiously, against 'anti-life' yet has shares in pills that are used to cause abortions? "But he admitted: “It would be wrong to pretend that I like it but the world is not always what you want it to be.”" That principled man? You'll even make yourself look silly to support anything you deem to be right-wing? Wow man, you need to lighten up. That is some excuse on his part. It’s like there are no other companies for him to buy shares in... |
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bertruss2
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Post by bertruss2 on Mar 11, 2018 11:51:29 GMT
I don't think Rees-Mogg buys shares. He's a partner in Somerset Asset Management. That means he gets massive wodges of money from the profits of Somerset Asset Management but he can say he doesn't have individual responsibility for the investment policy of Somerset Asset Management.
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Post by Deleted on Mar 11, 2018 16:59:41 GMT
A bit like The Queen then.
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Post by Minge är en jävla besserwisser on Mar 11, 2018 18:32:57 GMT
Before I consign this irredeemably to the bin I use for the normal "it's brexit it's sh*t" tourettes, can anybody explain how an emerging markets fund benefits from brexit. Jack Peat clearly has no idea because his explanation is utter twaddle.
I suspect its heading straight for the bin, but I'd love to see somebody at least try.
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bertruss2
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Post by bertruss2 on Mar 11, 2018 19:05:01 GMT
Jacob Rees-Mogg does very well out of Somerset Asset Management. He gets £20,000 a month out of it for 'work' he does for it. In addition, the investment company has paid out millions in dividends. Rees-Mogg keeps quiet about the dividends he receives. You can probably find out what Somerset invests in. It's all 'perfectly legal' I'm sure. The attraction of Brexit for multi-millionaires is that the laws in favour of the wealthy will stay in place under a Tory government, or even be skewed even more in favour of Big Money.
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Post by Minge är en jävla besserwisser on Mar 11, 2018 19:09:26 GMT
Jacob Rees-Mogg does very well out of Somerset Asset Management. He gets £20,000 a month out of it for 'work' he does for it. In addition, the investment company has paid out millions in dividends. Rees-Mogg keeps quiet about the dividends he receives. You can probably find out what Somerset invests in. It's all 'perfectly legal' I'm sure. The attraction of Brexit for multi-millionaires is that the laws in favour of the wealthy will stay in place under a Tory government, or even be skewed even more in favour of Big Money. Well Bertie clearly can't. Anyone else? |
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Post by Minge är en jävla besserwisser on Mar 11, 2018 22:54:12 GMT
Going once.
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bertruss2
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Post by bertruss2 on Mar 11, 2018 23:25:34 GMT
Do you know what an 'emerging market' is? |
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nobody
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Post by nobody on Mar 11, 2018 23:28:38 GMT
Going twice
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Post by Minge är en jävla besserwisser on Mar 12, 2018 7:25:46 GMT
Do you know what an 'emerging market' is? Yes, but for the purposes of your explanation you can assume either yes or no. Either way is good. So, off you go then. I'm all ears. |
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Post by Deleted on Mar 12, 2018 7:31:21 GMT
China and India are emerging markets, for example. Investment in those markets after Brexit could well pay dividends. Or not.
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Post by Minge är en jävla besserwisser on Mar 12, 2018 7:47:34 GMT
China and India are emerging markets, for example. Investment in those markets after Brexit could well pay dividends. Or not. I think even you are starting to see the weakness here. How will shares in Chinese companies be massively boosted by brexit? You think the UK is that big a player? |
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Post by Deleted on Mar 12, 2018 7:56:31 GMT
I may have misunderstood you ( or not read the initial post correctly)...I thought you were referring to benefits to the investor in emerging markets.
Where've you been, on the Paris - Nice run?
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Post by Minge är en jävla besserwisser on Mar 12, 2018 8:39:48 GMT
I may have misunderstood you ( or not read the initial post correctly)...I thought you were referring to benefits to the investor in emerging markets. Where've you been, on the Paris - Nice run? Would have been nice. The original article: Rees Mogg stands to benefit from Brexit because "The political motives for an exit from the single market were laid bare today after it was revealed that a prominent Brexiteer is also a major shareholder of an emerging markets investment firm." So why is an emerging markets fund going to benefit from brexit? The clown who wrote the article clearly hasn't a f*cking clue because this "Moves to create barriers to trade with the EU would force UK companies to strike up deals elsewhere, directly profiting companies backing the emerging markets" makes no sense unless you think the UK striking up trade deals with China will be a massive boost for China. Answers on a postcard. |
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bertruss2
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Post by bertruss2 on Mar 12, 2018 9:01:35 GMT
If the companies do more business with China and make bigger profits, the value of the shares rise and shareholders profit.
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Post by Minge är en jävla besserwisser on Mar 12, 2018 9:30:14 GMT
If the companies do more business with China and make bigger profits, the value of the shares rise and shareholders profit. 2 things idiot child, 1. if these are UK companies doing more business then clearly that is a good thing so hurrah for Brexit. 2 An emerging markets fund doesn't invest in UK companies it would invest in Chinese companies. it is so fantastically stupid it is unbelievable. No, on second thoughts, it is quite believable. |
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