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Brexit or how I'll make a killing in forex

Discussion in 'Sports and News' started by JohnHammond, Jun 23, 2016.

Page 28 of 39
  1. wicked

    wicked Well-Known Member

    The Good Friday agreement puts it solely in the hands of the British government as to when a referendum would be held. Adams knows that. The U.K. is already embarrassed over this cluster, they're not going to set up another (even if it's unlikely to pass).
     
    wicked, Jul 12, 2016
    #325
  2. Michael_ Gee

    Michael_ Gee Well-Known Member

    The trouble has just begun. May, who appears to be smart, has appointed the nitwits (Johnson, et. al.) who led Leave to positions where they're in charge of negotiations. No EU country leader who values his or her own job can offer Britain more than spit on Boris Johnson's shoes. It will then sink in within England that they will be losing real money in return for having some Polish kid who changes their Mom's bedpan down at the home kicked out.
     
    Michael_ Gee, Jul 13, 2016
    #326
  3. cranberry

    cranberry Well-Known Member

    Economists are saying Britain will face pretty strong inflationary pressure in the short term because of the weak sterling combined with stimulus efforts.
     
    cranberry, Jul 13, 2016
    #327
  4. Twirling Time

    Twirling Time Well-Known Member

    In the meantime, plan your soccer trip now. It may never be cheaper.
     
    Twirling Time, Jul 13, 2016
    #328
  5. dixiehack

    dixiehack Well-Known Member

    Are we sure Boris Johnson doesn't post here? That's some good diplomating!

    Boris Johnson was bad for our country - now he's bad for the world
     
    dixiehack, Jul 14, 2016
    #329
  6. Evil ... Thy name is Orville Redenbacher!!

    Evil ... Thy name is Orville Redenbacher!! Well-Known Member

    Yeah, I don't get it .. Boris is the new Foreign Secretary.
    Is this to Express Lane the Brits' Brexit?


    That's like making Trump head of Immigration or Hillary head of Cyber Security.
     
    Evil ... Thy name is Orville Redenbacher!!, Jul 14, 2016
    #330
  7. wicked

    wicked Well-Known Member

    I'm surprised about it in the sense that May entered the race specifically because Cameron's allies wanted to make sure Johnson had no power and had no way of becoming PM.
     
    wicked, Jul 14, 2016
    #331
  8. Evil ... Thy name is Orville Redenbacher!!

    Evil ... Thy name is Orville Redenbacher!! Well-Known Member

    Holy shit!
    Johnson's responsibilities include overseeing MI6.
    MI6.
    Let that sink in.
    They just went from James Bond to Johnny English.
     
    Last edited: Jul 14, 2016
    Evil ... Thy name is Orville Redenbacher!!, Jul 14, 2016
    #332
  9. Michael_ Gee

    Michael_ Gee Well-Known Member

    May just made Leadson, her rival for the PM job, environmental minister. Her first job (somehow agriculture is in this department) will be to explain to British farmers how they're going to lose EU subsidies, which comprised 55 percent of income for farmers last year.
    Divorce in haste, repent at leisure.
     
    Michael_ Gee, Jul 14, 2016
    #333
  10. The Big Ragu

    The Big Ragu Moderator Staff Member

    The honest way would be to point out that if you rely on subsidization from someone else, what you have been living off of isn't actually income. As with all things like that, you have ended up in an unfortunate situation in which you don't control your own fate, because you have been forced to rely on others.

    More importantly, though, there is no reason in the world why people who produced food would ever need to be subsidized in a place like England, except under an incomprehensible "something for nothing" scheme cooked up by the Frances of the world (meaning, running up debt to live a fantasy). A liter of milk costs a farmer about 30p to produce in England, but supermarkets only pay an average of 23p thanks to how the market has been completely destroyed from Brussels. It's why the number of dairy farmers in the country has dropped off a cliff, and the remaining farmers need to be subsidized to do something that there is huge inelastic demand for. It is insanity defined. So she might tell those farmers that one result of this -- if England does the right things now (a big if) -- could be that they will be getting their livelihoods back. And if England is committed to doing right now, she can even tell all of the farmers who were driven out of business over the last decade that the price fixing scheme that made them have to find other other work is ending.
     
    The Big Ragu, Jul 14, 2016
    #334
  11. Michael_ Gee

    Michael_ Gee Well-Known Member

    Everybody's gotta eat. That truth lies at the heart of all agricultural policy. If farmers aren't subsidized, they'll have to charge more, because England hasn't got the land needed to increase production. And of course, EU imported food will cost more, too. And food consumers (everybody) outnumber food producers by a good margin, so their bitching will have much more political impact.
     
    Michael_ Gee, Jul 14, 2016
    #335
  12. The Big Ragu

    The Big Ragu Moderator Staff Member

    England has plenty of land to feed itself. It may choose to use its resources for things other than farming. But if free trade really existed (not an autocratic bureaucracy cloaked in free trade language as a guise to keep becoming more autocratic), and England wasn't feeding itself, it wouldn't need a price fixing scheme, and subsidization to support producers of the most inelastic product there is. It would simply have incentive to trade what it creates well (and cheaply) to others who specialize in growing food cheaply. Or if that wasn't possible, it would have to devote more resources to growing food.

    The last two decades or so have been instructive. A bunch of arsonists making ridiculous promises were given all the lighter fluid they needed to deliver the fantasy they promised. And each time a fire has broken out (as should have been predicted), they have ridden in on a fire truck promising to put out the fire. ... with more arson. All of the unrest has been people catching on.
     
    Last edited: Jul 14, 2016
    The Big Ragu, Jul 14, 2016
    #336
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