Off Topic EU deabte. Which way are you voting ?

Pound drops below €1.20 as Carney hints at possible rate cut and further stimulus. Probably more QE

http://www.wsj.com/articles/boes-mark-carney-hints-at-summer-rate-cut-1467299787

 

Already answered that and no I don't.

 

So nobody with the EU will trade with us

I think you are the one who needs to borrow the brain cell

 

It was YOU who suggested that somehow the EU needed us more than we needed them.

When questioned on this bollocks and reminded of the actual facts, it was YOU who said we could replace the exports to the EU with trade with other countries (that we already trade with), not me petal.

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Obviously not all of it, you are not very good at spin, you must be a commie labour voter.

Keep it up

 

Shares still rising, still looking for the dead cat Tobes

 

The fascists and the Tories are far better at spin, you actually got one right for once. Go get yourself a treat from the cookie jar.

Oh and you fell for it btw - just a reminder there

 

Reacting to the news that interest rates will be cut.

Sterling down yet further against both the dollar and the euro.

Keep kidding yourself on that it's all sweet as a nut though

 

The sterling is a disaster. One thing it has done is boost property sales in London as the Chinese are going bargain hunting!

 

But an interest rate cut would devalue the £, why would the BOE need to make a cut?

 

A worldwide uprising against the new world order?



Some knuckle heads from Barnsley and Sunderland bitching about Eastern Europeans you mean?

FFS, who creates those ****ing things?

 

before your time Tobes

 

Custard creates the stupid ones.

 

To stimulate spending.

 

Wolfie is unfortunately not before my time

 

Not really, Boris is definitely an idiot but just shows how shocking the choice is when it's a terrifying prospect having Boris in charge and in charge of our negotiations but he was probably the 'least worst' option!

 

Okay, that is your opinion, this is mine.

We are agreed there will be volatility, but we might disagree on the scale of what is to come.

You now agree with me that there is a timeline and no one will or can be jumping it. Do you now agree that when Article 50 is triggered will be down to the new leadership?

I agree that invoking Article 50 will produce more volatility, but I believe the markets will be prepared for it, so scale will be limited.

I believe the markets will be more settled if they see a well-planned, well negotiated approach to separation, rather than expecting something asap; I do agree that the shorter the period of uncertainty the better.

To be 100% clear is to understand that having access to the free market (Single Market?) can be achieved by degrees, as in shades of grey. The terms will be open for negotiation and will be linked to other strategic needs for both parties.

1. I think lobbying and preparation has already begun.
2. Everything will be negotiable; key EU figures are already voicing this.
3. You don’t get owt for nowt.

I think it is foolish to try and preempt the outcome of the negotiations. There are lots of what-ifs, but, as you say, there is also a will to conclude on the part of both parties.

Yes, inward investment is being withheld, that was expected; how long that continues is another matter. Those already here have voiced their options as an encouragement for early settlement (in relative terms); there might be some movement, but I think I will wait and see what will happen. The Financial Passport issue can be overcome, that has been stated by others already.

I'm sorry, but the rest is just a doom laden story of what might be, there is next to no substance to it, just more what-ifs and good managers make sound provisions for what-ifs.

Your only way to avoid it is the worse possible solution anyone could possibly conceive and certainly not one that any sane political or financial leader would ever consider.

But that’s your opinion from 5hrs ago, what is your opinion now that voting and intentions are made and Carney has spoken; have you heard anything that might change your thoughts?

 

We surely physically cut our interest rates much lower - they are almost at rock bottom as it is. We'll be needing to raise them to fend of inflation at some point won't we?

 

That's just plain nonsense.

Their manifesto included the referendum, they did not need to include how they would deal with it, regardless of the outcome, as that is why they were voted in. They have a mandate until 2020, unless you can show me something to contradict this basic part of our constitution?

It is not a concern unless you are unable to understand and deal with it.