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Post by Minge är en jävla besserwisser on Jul 8, 2016 20:26:41 GMT
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flatandy
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Post by flatandy on Jul 8, 2016 20:51:41 GMT
Well, let's hope than one bloke from one fund is right, and everyone else is wrong.
Until he's proven right, expect to hear more whining.
In the meantime, the uncertainty caused by nobody making any decisions about anything is definitely crappy for Britain, as nobody is likely to invest very much until they know what they're investing in.
Also, I can't see how "The rest of the world is also f**k*d" is a particularly good reason for exacerbating the problem and creating our own, additional, completely unnecessary, f**k up.
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Post by unclejunior on Jul 8, 2016 21:16:32 GMT
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Post by Minge är en jävla besserwisser on Jul 8, 2016 21:51:26 GMT
Well, let's hope than one bloke from one fund is right, and everyone else is wrong. Until he's proven right, expect to hear more whining. In the meantime, the uncertainty caused by nobody making any decisions about anything is definitely crappy for Britain, as nobody is likely to invest very much until they know what they're investing in. Also, I can't see how "The rest of the world is also f**k*d" is a particularly good reason for exacerbating the problem and creating our own, additional, completely unnecessary, f**k up. Try and keep up. I know its difficult when you've got your own drum to beat. The research is from Capitol economics not Neil Woodford, the overall 1.2 % is nothing to do with him its an amalgam of all research: So everybody else being wrong is just normal madey up stuff, I think beyond that on a 10-year view, lots of academic studies suggest that over that period of time, the UK economy might be hit by around about 2%, some studies saying 5%, and some studies actually saying the benefit will be as much as 2-3% positive, so it really is uncertain. My view on the long-term, you are probably no worse off, no better off being inside or outside. It is the short-term impact and whether you cash that back.to quote another. But sweet mother of jesus, voting to change things causes uncertainty. Of course it f*cking does. That's how change works. Frankly theree is a lot you can't see but I'd suggest you don't want to see it.
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flatandy
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Post by flatandy on Jul 8, 2016 22:12:35 GMT
It's not "voting the change things" that causes uncertainty, as long as you know what's being voted for.
All that's happened so far is that we've voted against something. Which leaves us in a stupid limbo. There's uncertainty because we haven't voted for anything, there's no idea what the target is. It's the kind of position that would have cropped up in Yes, Minister. Not in reality.
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flatandy
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Post by flatandy on Jul 8, 2016 22:13:51 GMT
Also, of course it's possible that the UK economy will grow in sterling terms. I should sincerely hope so given that sterling is worth 15% less than it was last month. But for those of us who buy things with dollars but earn in sterling, we're f**k*d unless the pound recovers.
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nobody
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Post by nobody on Jul 8, 2016 22:40:40 GMT
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Post by Repat Van on Jul 8, 2016 22:45:55 GMT
Something to get used to. Whinging Poms indeed...
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Post by Repat Van on Jul 8, 2016 22:47:27 GMT
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flatandy
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Post by flatandy on Jul 8, 2016 22:57:00 GMT
We get to enjoy at least 4 more decades of it to catch up with the endless europhobic moronic whining we had before the referendum.
And, once again, unlike the people freaked out about straight bananas for four decades, our blubbing is correct and righteous.
And, as Voice points out, unlike the Brexiters, blubbing quietly under the duvets hoping the mess they made goes away, we at least aren't shy about it.
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nobody
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Post by nobody on Jul 8, 2016 22:57:56 GMT
Also, of course it's possible that the UK economy will grow in sterling terms. I should sincerely hope so given that sterling is worth 15% less than it was last month. But for those of us who buy things with dollars but earn in sterling, we're f**k*d unless the pound recovers. I'm surprised, that someone as astute as you didn't prepare for the possibility that the UK would vote out. I made a small adjustment, just incase, just to edge my bets.
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flatandy
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Post by flatandy on Jul 8, 2016 22:58:23 GMT
I'm also pretty sure you'd blub if your salary went down 15% because of a silly, pointless, unnecessary decision made by a horde of stupid and xenophobic fuckwits who were goaded into it by lying shitbags like Michael Gove and Boris Johnson.
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nobody
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Post by nobody on Jul 8, 2016 22:59:29 GMT
We get to enjoy at least 4 more decades of it to catch up with the endless europhobic moronic whining we had before the referendum. And, once again, unlike the people freaked out about straight bananas for four decades, our blubbing is correct and righteous. And, as Voice points out, unlike the Brexiters, blubbing quietly under the duvets hoping the mess they made goes away, we at least aren't shy about it. Babies who spit out their dummies aren't shy either.
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flatandy
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Post by flatandy on Jul 8, 2016 22:59:55 GMT
Also, of course it's possible that the UK economy will grow in sterling terms. I should sincerely hope so given that sterling is worth 15% less than it was last month. But for those of us who buy things with dollars but earn in sterling, we're f**k*d unless the pound recovers. I'm surprised, that someone as astute as you didn't prepare for the possibility that the UK would vote out. I made a small adjustment, just incase, just to edge my bets. I moved a little under half my savings over to the US and used them as a deposit on a house. I didn't keep everything in Britain but I foolishly thought the odds for exit were below 50%, as I assumed the public were less stupid than they proved themselves to be
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nobody
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Post by nobody on Jul 8, 2016 23:00:15 GMT
I'm also pretty sure you'd blub if your salary went down 15% because of a silly, pointless, unnecessary decision made by a horde of stupid and xenophobic fuckwits who were goaded into it by lying shitbags like Michael Gove and Boris Johnson. Mine didn't
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nobody
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Post by nobody on Jul 8, 2016 23:01:06 GMT
I'm surprised, that someone as astute as you didn't prepare for the possibility that the UK would vote out. I made a small adjustment, just incase, just to edge my bets. I moved a little under half my savings over to the US and used them as a deposit on a house. I didn't keep everything in Britain but I foolishly thought the odds for exit were below 50%, as I assumed the public were less stupid than they proved themselves to be So you guessed wrong.
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Post by Repat Van on Jul 8, 2016 23:01:52 GMT
I'm also pretty sure you'd blub if your salary went down 15% because of a silly, pointless, unnecessary decision made by a horde of stupid and xenophobic fuckwits who were goaded into it by lying shitbags like Michael Gove and Boris Johnson. My salary does go down every time the Left levees more taxes on people like me viewing us as cash cows. And those aren't short term changes. I just decide to vote against them and get on with life. I certainly don't piss my pants about it. And I wouldn't have any ill will against Brexiters as the "xenophobic" label is just that, a label. And if I had the ability to make changes I would have anticipated the Brexit vote and make them. Yep the pound is down. It will go back up. And in way this is good. Those forgotten about, abandoned areas have just redistributed the financial unease they have had to live with and the downsides of them being in the EU, long ignored.
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Post by Repat Van on Jul 8, 2016 23:04:05 GMT
Oh and the Indie has been reviewing a number of Brexiters who lost considerably more money than you. When did Brits become so soft?
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nobody
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Post by nobody on Jul 8, 2016 23:04:08 GMT
Yep the pound is down. It will go back up....... van
Of course it will. its just a blip. and under the circumstances, expected.
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flatandy
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Post by flatandy on Jul 8, 2016 23:09:27 GMT
Why will it go back up? What makes you think so?
Of course, my cash is not actually the big thing here - but Scoobs asked. I'm more concerned about all my European friends not having their lives dictated to them by bureaucratic little hitlers in the UK borders agency and by dome idiotic quota setter in the Tory government. I'm more concerned about the attitude international cooperation. I'm more concerned about all the other stuff that leaving the EU means. You'll have noticed I didnt mention my cash and income until Scoobs asked. But I am pretty sure I'd hear some spectacular whining if income tax went up 15% on your entire salary, and was spent on literally nothing.
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