Brexit latest................Oh F*ck

[Mega]

Right, I am simply out of idea's
Seeing how EJ is MIA...............anyone?
Mike

[dcarrigg]

Re: Brexit latest................Oh F*ck

Right, I am simply out of idea's
Seeing how EJ is MIA...............anyone?
Mike

I think there was only one way this was going to end since the f*** up of the last snap election...with another. How else do you resolve it? Can't have a government without the DUP. Can't have a Brexit without DUP taking down the government. Before the snap election May might have had a shot. I don't see a path out of this mess without calling one again. I'm not a huge Nate Silver fan, but when he's right, he's right.

[Mega]

Re: Brexit latest................Oh F*ck

I wish EJ was here, I mean I got some idea's but I sound like "Alex Jones"

Meantime in London:-

[Mega]

Re: Brexit latest................Oh F*ck

Ok, at the risk of looking silly............

Both Tory & Labour want out
Labour Leader HATES ECCP because he wants BCCP!
Tory know the game is up as in the £ is going to lose 15-30% of its value
Rates will have to go to 4-5%

That will implode to house price buy-2let bulsh1t bubble that "They" run up over the last 10 years
Stock market................not sure I suspect they move sideways but loses because of devalue-ate-ion
Gold.................
Mike

[bungee]

Re: Brexit latest................Oh F*ck

Ok, at the risk of looking silly............

Both Tory & Labour want out

I don't see it that way. May 100% wants to stay in the EU. However she is also trying to save the Tory pary as she knows if she can't engineer a fake leave then they will split and if we don't leave 50% of Tory voters will defect to Nigels new Brexit party. The deal she has done and is trying to sell is like going into a shop paying over all your money and then asking what they have for sale. There are a few choice 4 letter word technical terms for such an approach.

Comrade Corbyn hates the EU becuase he's not in charge and is trying to change the world by talking nice to everyone hence he is sitting on the fence hoping the Tory party will self explode so he can get into power and nationalise everything which will obviously fix everything. I get the impression a higher proportion of Labour supportrs voted for Brexit than Tory supporters.

Both parties must know that if everyone who voted for Brexit votes for Nigels new party then it could win a lot of seats becuase it would be taking votes from both parties. The Tory party membership has already started to deselect Brexit hating (remain loving) MP's https://www.theguardian.com/politics...nsfield-tories. Labours Momentum are busy deselecting leftwing MPs and replacing them with marxists. Even if May passes her deal I'm not sure it would be enough to fix anything as it's not really a deal and someone still needs to negotiate with the shopkeeper (EU) what they will give is for our money we've already given them so there will be years and years of wrangling past the next EU elections (this May) and UK elections.

The best thing to do is to Brexit (walk out of the shop) and take the WTO+ deal. Then you can walk back into the shop and as the EU what they have to offer for our money.

Tory know the game is up as in the £ is going to lose 15-30% of its value
Rates will have to go to 4-5%

I don't see why the pound should lose more value except against the dollar. The euro is heading in the wrong direction much faster than the £. Rates may rise a little but as I understand it the FED has stopped buying bonds back (or slowed the rate).

That will implode to house price buy-2let bulsh1t bubble that "They" run up over the last 10 years

Given immigration 300k+ per year I don't see how house prices will fall. The government won't let it. There will be some 'scheme' for government to pay some or all of your morgage and take equity (a bit like the help to buy scheme) if needed.

https://www.moneyadviceservice.org.u...age-interestIf you’re claiming a benefit such as income-related Employment and Support Allowance, Income Support or Universal Credit you might be able to claim help with your mortgage interest payments. This is called Support for Mortgage Interest (SMI).

From April 2018, SMI is changing from a benefit to a repayable loan.


See the government has already got this sorted! House prices will not fall, they will just take part ownership of your home and likely get the money back when you sell the house or die.

Stock market................not sure I suspect they move sideways but loses because of devalue-ate-ion

Just waiting for QE4 and Trump to get re-elected. Once people see that bonds are debt are extending to infinity the stock market will look like a pretty good bet.

[Mega]

Re: Brexit latest................Oh F*ck

Well we find out soon............I think 12 days now......ish
Mike

[Mega]

Re: Brexit latest................Oh F*ck

Update