Member Info for BoomerBower

Poker would you rather they sat idle as they do in France is that better? I also think yr being unfair on the OBS the CPI is an accurate measure of inflation. Here is the info on current account deficit a pre referendum before crowcast starts claiming the figures are wrong. https://amp.theguardian.com/business/2016/jun/30/uk-current-account-deficit-deepens-brexit-fears

See my post 10:56 Crowcast. Everything suggests you don't know what you are talking about.

I just posted it was 9.3% Crowcast keep up. I'm talking in the next recession where does it go under stress? 9.3% is incredibly high in a benign period for France. It's 3.4% in Germany. It's 3.9% here.

And since most of our government debt is in our own currency your point on government debt is not relevant either. If we were borrowing in dollars then yes that would be an issue but fortunately we aren't.

Yes poker but we were over 6% most of 2016. Also that's a quarter on quarter movement, the trend is down since the referendum. Our economy was dangerously unbalanced and no economy can run trade deficits permanently as we were, in the long run they need to be balanced. The Osborne Cameron recovery was something of a bubble based on loose credit. And provide some evidence on inflation are you saying the ONS is lying?

https://www.google.com/amp/s/www.bbc.co.uk/news/amp/business-45572856 what do you think it is Auson. The last time I looked it was. What is the API, Auson Price Index?

Poker also Turkey isn't France, a simple devaluation of a french currency would deal with most of their issues. Look how the euro referendum devaluation has more than halved our current account deficit. Inflation is what 2.7% so the devaluation has done a good job there without too much harm, a 7.2% current account trade deficit pre referendum was utterly unsustainable.

I agree poker there is no magic bullet for the gross stupidity of the euro. The best policy around this was taken by Gordan Brown for which he deserves a statue. The severity of it fir us all depends whether the collapse is orderly or disorderly. One cannot conceive the french would think 20% unemployment is a price worth paying for being in the euro. Without currency devaluation the french social model is unaffordable.

That's a really interesting video. Suggests recession is 3/4 years in the future probably when the US tightens budget.

Auson, do you wish to excluded from the vote then?

The EU isn't united born. 9.3% unemployment in France, 9.7% in Italy, 15.3% in Spain. 3.4% in Germany. Youth unemployment in those countries more shocking still. Show me the unity. Remember we are in a benign economic period too, Euro undoubtedly collapses under the weight of mass unemployment next downturn.

If it's the economy we'd have avoided this remainer farago and just left. This is what happens when you get globalists negotiating trade. Why the EU doesn't even have trade deals with China or USA. No wonder we can't.

It's no exaggeration to say Gordan brown is a hero for keeping us out!

Basher no deal is better than awful awful Ted Heaths deal. I do believe however a statue of Gordan Brown must be built in Parliament Square for keeping us out of the Euro. Brown was a terrible PM but keeping us out of the euro is the single greatest achievement of any post war politician.

A1 I don't think there should be another vote. But if there are we should vote on the two best options WTO leave or remain

I'm never drinking it ever again.

I like that question asperger. But in all honesty if there was a referendum which there absolutely should not be leave or remain has to be the question.

Should have asked for Ireland's bail out funds to be returned from that smug career politicians Veradker.

You might make a few quid and this might just touch 49p but the smart move is to buy and hold from here. You don't think if we leave with no deal that there will be fresh stimulus from our dear bank of England? Make yr 3 months of hay because we are leave or remain and either way this rises.

Uphighee I'm fairly certain he hoovering up Lloyd's shares at these prices. It's far from dead, besides it's a listed company not a life form.