Started by Nick, October 20, 2016, 18:02:39 pm
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Quote from: DavidL on December 09, 2016, 11:56:10 amBase level interest rates may have risen by a small amount to somewhere closer to 'normal' levels and hard pressed savers may have finally been given some good news. Inflation would have risen closer towards BoE target of 2%. Businesses would have survived this adjustment back towards normality and consumers, who have enjoyed low prices on food etc. for years, would have too.
Quote from: Moving Target on December 09, 2016, 15:35:38 pmSo your view is that those effects are more important than protecting Sterling.Oops! Tim Farron is facing a revolt as three of his nine MPs abstain from the Recent timetable for withdrawal motion. I had a debate with a LD strategist about this. He said all the LD MPs should not try to retard A50 further, while I said surely the MPs' decision must be on a constituency basis. If they are in a Remain area, they should try to stop A50 or amend it to a watered down type of Brexit.I will make a prediction. By March 2018 we will be out of the EU, but still in the single market and customs union with certain constraints on free movement such as those Cameron sought to secure. In other words there will be a giant fudge and we will be in the same position as before except lacking any clout in terms of decision making, in effect joining EFTA.
Quote from: DavidL on December 15, 2016, 11:28:00 amUnemployment has fallen to an 11-year low.
Quote from: döm on December 15, 2016, 11:39:32 amyes it was is all going so well....
Quote from: Bez on December 15, 2016, 14:34:06 pmInflation up and predicted to rise faster than the "ideal rate" due to increased costs for imported raw materials....Balance in everything required, including short sighted adherence to a poor nationally taken decision...
Quote from: DavidL on December 15, 2016, 14:49:49 pmWe know how much faith you can put in (economic) predictions. Obviously not rising at a fast enough rate for the BoE/government who consider an ideal inflation 'target' to be 2% Current evidence suggests that the nationally taken decision has not yet turned out to be as poor as you had hoped it would be. At the moment you'll just have to keep praying for the country to collapse..I'm afraid
Quote from: Bez on December 15, 2016, 15:27:12 pmI'd like to think that you'll be apologising for these posts in the future, but you seem to be as intractable as Slim in your dogma...
Quote from: döm on December 15, 2016, 21:53:44 pmIt won't be a choice to punish the UK but a choice to preserve the integrity of the EU.
Quote from: DavidL on December 15, 2016, 23:36:35 pmI'm fairly certain that, in the minds of the EU commissars, enacting the former will help ensure the latter.
Quote from: döm on December 16, 2016, 00:58:25 amWe're splitting hairs as the net effect is the same but in the minds of those in the EU it's about self preservation. The Brits may well view it ss a punishment.A one off or the shape of things to come....?http://www.independent.co.uk/news/business/news/brexit-pink-wafer-company-administration-rivington-biscuits-cut-100-jobs-pound-sterling-value-drop-a7476881.html?cmpid=facebook-post
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