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Morning Quady, something very strange going on here. I agree with your comment 100%
Yes - we saw where that got us Add...
FINALLY !
Quady and I agree on something !
I’m equally staggered
Should we be wondering who has compromised his login credentials?
Bozi, the classic Remainer argument is that all our current woes are due to Brexit - nothing could be further from the truth. It may be convenient for them to blame Brexit, but they ALWAYS ignore the immense damage done by the virus and the murderous behaviour of Putin. If they do acknowledge these two seismic events, they do so begrudgingly and attempt to downplay their significance. By comparison, the impact of Brexit is a drop in the ocean.
The “virus” was entirely self inflicted damage but a lot of the west were in lockstep. Never in recent history was an entire population put under house arrest, nor forced to wear certain clothing, nor aggressively coerced into medical treatment
That event was the first coordinated global attack to dismantle the west, our values, freedoms and wealth.
We all know that the second one is now well underway. Brexit is a convenient excuse
Maybe Add, but i for one also heed the feedback of farmers, fishermen and women and workers from other industries who are demonstrably disappointed that Brexit was not the unicorn that was promised.
The problem is that the Leave campaign sold an unrealistic dream and plenty of hard working people, the folks our politicians like everyone to believe they are fighting for, felt sold down the river, now facing unreasonable barriers when doing business with EU member states.
Remainers are naive if they claim the EU are perfect and there's a case that they as a collective should continually be evolving, but whichever way we look at it, Brexit cause an unnecessary fracture, one that many in the UK were too arrogant to appreciate before going to the ballot box.
Wasn't Brexit, but the determination of those in power to create a narrative that it is, as they were given a bloody nose by those uppity peasants. Same with Trump in USA. Russia has been a massive own goal, as the UK and Europe lost it's cheap energy, it's weapons and cash, credibility with two thirds of the world which is not beholden to the West, the utter incompetence and malevolence of the COVID scam, plus now the climate change con.
An evil, corrupt and degenerate ruling class across Europe and the West is behind it.
The need is to loot the treasury as a last act before the whole rotten edifice of the economic Ponzi scheme which the West has run since the 1970s, is collapsed. War deflects from the real reasons, allows a reset ( Build Back Better, anyone ? ) and the crooks in charge get another go-around with a Bretton Woods 2. Cancel debt, massive profits rebuilding Europe again, reduce the population a bit, bring in a new set of restrictions and electronic surveillance state, complete with CBDC. What's not to like ?
Ignorant rather than arrogant.
Bozi, it would be naive to deny that problems arose, but most companies have now sorted out their trading issues and life carries on.
I absolutely accept the farmers argument. The government has been woeful in its behaviour towards them and all the restrictions, regulations and green b0ll0cks are making life very hard. Just look at the absurd nonsense that the Welsh government is trying to impose. Mind you, the European farmers are in the same boat, but their protests have done much to enfeeble the various governments in Europe...thank god!
I should have mentioned the flow of inward investment tells its own story. And what happened to all those whingeing CEOs/celebrities who promised to leave these shores if Brexit happened? Think of that awful woman Emma Thompson. What a pity she didn't p1ss off.
The eco loons are trying to dismantle farming completely, they want to trash the food supply chain as part of their goals to depopulate and immiserate us.
That the EU have been forced to take one step back is merely due to upcoming elections. After those they’ll be full steak ahead again on agenda 2030
*full steam, Freudian slip unintended
What story is that Add? That UK plc valuations in general are at their lowest in many years?
We're seeing this play out perfectly with SOLG - not that i can blame that on Brexit.
So where is all the money going? Stock market liquidity is poor and London is being left behind by other exchanges in the world which forces new IPOs to prioritise other markets.
It's quite a bearish outlook and it has been for a couple of years now.
Jezzoo I have always supported Brexit.
Amongst my friends I predicted it almost 25 year's earlier.
I always said a single currency that was across many diverse economys would be a disaster.
Some would profit some would lose.
Plus you could never take decisions that were best for the individual nation, if you were always basing those decisions on what a third party told you what you could and couldn't do.
We won't be the only nation to leave.
Germany and the Netherlands will follow.
It won't be Italy or Greece, because their debt level is too high and an independent currency would always be linked to the Euro for debt repayment purposes.
Full Steak Ahead sounds great to me..
Quady: I've often thought that eventually the biggest net positive contributors would form "EU elite" and the Euro will be discontinued. That will be another opportunity for profit taking as repricing adjustments fuel inflation as it did when we went decimal . The rest of the EU will go back to something akin to the Dark Ages, Putin will get his former USSR countries back and no one will stop him.
I expect the EU to collapse when the next large member pulls out (oooerrrr)
I think they’ll go back to their own currencies and retain some sort of trading alliance, which is what it should have been in the first place
Bozi - The currency ( please don't call it money ) is being 'destroyed' as the world deleverages and the EuroDollar private pools are destroyed by higher interest rates. Huge amounts of 'capital ' ( read funny money ) were created close to the zero bound, with profitable carry trades and rehypothacation of assets at little cost. God only knows how many trillions have been allowed to roll off when there is a 5% cost to borrowing.
We should all applaud the curtailing of the Ponzi insanity, but it has hit us in the wallet.
Hear, Hear '84. Lagarde is literally keeping it going to make it to Friday every week, with the end becoming both inevitable and imminent, hence the unstoppable rush to war.
If I was an Eastern European country, I would be very interested in rejoining an alliance with Russia, bearing in mind it is packed full of resources and industrious, moral people ( not talking about the elite rulers ), rather than an enfeebled, exhausted, degenerate and bankrupt Western civ.
Kat, watch 20 Days in Mariupol. You may wake up to the truth about murderous barbarians you support.
Poland only joined to get massive subsidises, the moment they dry up they’ll be off.
We’ve swapped subsidising poorer European nations for subsidising millions of immigrants instead
This nation is totally incapable of putting its own people first. Ever!
Thanks for the heads-up, I will.