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Off Topic Impact of Brexit on Football

Discussion in 'Norwich City' started by Davylad, Mar 26, 2016.

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  1. carrowcanario

    carrowcanario Well-Known Member

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    Well I'm not aware of an experts that before the referendum said the Brexit was going to be a total disaster who also saw the 2007/8 crash coming before it happened, obviously you are !!!!!!!! Even if there is one or 2 (perhaps with your superior knowledge you could name a couple) you surely can't be disputing that by far the majority of experts said that Brexit would be a total disaster weren't making similar warnings about 2007/8 crash before it happened. Although a notice that within 24 hours of the UK voting out many seemed to change there views from it being a total disaster to just a disaster. As I said in numerous post before we're just have to wait and see. Re twisting everything, moving the goal posts and outright lying I don't think I've done this. This isn't the first time you've made comments like this, however I note when I've asked you provide information to support this you tend to ignore this and rant on about something else.
     
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  2. Canary Rob

    Canary Rob Well-Known Member

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    Sure - the IMF (Nouriel Roubini) predicted it as early as 2006. In fact, in virtually every major economist organisation there will be people who predicted the crash (and continue to predict crashes regularly for various reasons).

    The problem with crashes is that actually that they are nominally (other than to those who predict them...) surprise events - so it's not really comparing like with like when you take the effect of a known event, like a referendum.

    I have consistently provided every last piece of information you have requested - stop lying. As here, I have done so. Statistics, articles, opinion pieces, the lot - go back through the thread and show me where I have not given you what you asked for.

    However, as I've always said, I accept we cannot be certain (even if the weight of economist opinion said it was highly like) what will happen. It might not be an absolute disaster - I really hope not. I categorically disagree that they have changed their tune - there has been a lot of "right let's try and make the best of it" (thank god - despite the newspapers who basically caused Brexit now absolutely loving the mayhem as it creates stories...) but they have stayed consistent about how bad it's going to be and indeed some have revised downwards further (I have PropertyWeek in my hands showing the stats as worse, various people predicting sterling will be worse, etc).

    But you said the economics wasn't the only argument. What about your other opinions? Democracy and sovereignty?
     
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  3. carrowcanario

    carrowcanario Well-Known Member

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    Okay well on the 24th of August it was 16,214 nearly 800 points down from today. Not much difference I agree considering it's grown about 7000 points since 2012. Strange whilst the massive drop on the day after the referendum was widely reported. The fact that today its nearly 900 points higher than it was 6 months ago doesn't get reported. Markets tend to act on sentiment. The reason for the massive drop after the referendum was because they got it wrong its was thought that project fear had done it's job and we would stay in, fortunately the public surprisingly showed more backbone than most suspected and voted out, hence the massive drop. The market is now starting to factor in Brexit, however as you say the it's now pretty much where it was when most people where predicting we would stay in. The politicians have got lucky when ever anything goes wrong economically then can blame it on Brexit for the forseable future, but the truth is many, many other things will effect the economy i.e. terrorist events home & abroad, Trump getting elected, the living wage, increased stamp duty on second homes etc, etc, So form now on expect everything that goes wrong with the economy to be blamed on Brexit and anything that goes well to be down to the Tory goverments handling on the economy. At least this time they won't be able to blame the economic downturn on Labour, hold on it was Corbyn's fault that Cameron lost the election and we voted for Brexit.
     
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  4. General Melchett

    General Melchett Well-Known Member

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    C'mon now Carrow, play nice. You're both clearly passionate about the Brexit debate. i maybe a brexiter myself but it is important to listen to both sides of things in a reasoned and adult fashion. Slights against each other do nothing for the debate.
    i kind of end up agreeing with virtually everything Rob says on the whole thing. Financially it has been bad (Note I don't use mistake) and it is possible/probable that we will never reach where we could be if we'd stayed in (We may also be better off but that looks very tricky and will likely need better government than we are likely to ever get). Rob is also right in so much as the Brexit campaign was at least in part won by appealing to Racists and lying quite a lot (But remain were peddling a load too). I don't fully agree with his arguments about us losing sovreignty, it is possible we could (The argument that we will have to abide by most/all the EU rules but have no say in them) but I prefer to believe that we can actually free ourselves from some of it and make compromises to better our own ends and increase our sovreignty. It could need other nations i.e. france in it's coming election to further challenge the status quo. Or we can adapt and eventually the EU will have to concede some ground as Germany would likely the biggest EU loser if trade were hindered. We would have greater freedom outside of the EU in trading with others, whether we can benefit from this inspite of being smaller is very much upto us.

    Bah!
     
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  5. KIO

    KIO Well-Known Member

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    Why oh why Rob did you bump this thread just before the new season?

    Brexit has happened so let's just put it behind us and start debating more important things like NCFC :biggrin:

    P.S. I wasn't making things up, we're disappearing up our own arses at work !
     
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  6. General Melchett

    General Melchett Well-Known Member

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    I agree with Carrow here. i'm not sure that you can entirely point to a downward trajectory on the FTSE250 yet, it has appeared to have plateaued somewhat since August last year and from even May's peak has not seen a significant drop. I think you can point to market uncertainty, but it is far from a conclusive decline and certainly no tailspin. Of course the danger is that we are meerly seeing the start. In May 2007 we peaked around 12211 before declining all the way to 5491 in Nov 2008. that doesn't tell the full story though as most of that decline happened in a horrible nosedive between Aug 2008 9381 and that Nov low.
    if we get a nose dive and as yet there is no evidence of one then we're bugger for a time but things will bounce back, look at where we are relative to the 2007 peak.

    Bah!
     
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  7. General Melchett

    General Melchett Well-Known Member

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    Brexit hasn't happened yet and I'd put nothing past the ruling classes here and in the EU to ignore the people and keep marching to their own elitist tune.

    Bah!
     
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  8. Canary Rob

    Canary Rob Well-Known Member

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    <laugh> a lot of talk incidentally that it can't happen - pesky lawyers at Mishcon de Reya holding it up!

    Fair point though it is bad timing

    There has been a downward trajectory since the General Election, but I do agree and accept that it's no tailspin. I am hoping (honestly I will take no delight in this being a true disaster, because it would be bad for me probably apart from anything and "I told you so" isn't much of a win...), hoping hard that analysis is correct and that the fundamentals in our economy are much better now than in 2007 such that any damage will be absolutely nowhere near as bad as 2008-10. I really don't think it will actually (and only a tiny handful of economists suggested it would be anywhere near that disastrous, most just said it would be pretty bad).

    I am feeling a lot more confident though, as although the numbers are bad it's clear people are trying to make the best of it and keep doing deals, trading, etc. Plus I am told that some of market pricing is due to people not thinking true Brexit will happen, but that's impossible to know for sure.
     
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  9. canary-dave

    canary-dave Well-Known Member

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    Welcome all to the "Rob talks bollocks" thread, take care posters he's already sent an octogenarian into exile!
     
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  10. Canary Rob

    Canary Rob Well-Known Member

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    I think the reason it doesn't get reported is because the day to day and month to month peaks and troughs are quire meaningless - you want to look at the six month, twelve month, eighteen month charts and see if there is a clear direction. So yes it is higher than January, but if you take the long term trend the average in each of the last few months has been going progressively down from May 2015 to January 2016 and then a small rise before plateauing.

    Terrorist events do not have a big impact on the economy though. Little impacts, unless it's on the scale of 9/11, but on the whole terrorism does virtually nothing to economic fundamentals.
     
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  11. Canary Rob

    Canary Rob Well-Known Member

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    Oh do cock off Dave, the twat suggested that lawyers should be beheaded.

    Rather than being a coward, why don't you tell me exactly which part I've got wrong and we can discuss it like I have with Melchett and Canario? Or do you prefer making unpleasant allegations and declaring that someone is talking bollocks just because you don't like it?
     
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  12. canary-dave

    canary-dave Well-Known Member

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    Sorry Rob, I don't have long enough of my lifetime left to bother with your outlandish verbosity! <cheers>
     
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  13. ncgandy

    ncgandy Well-Known Member

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    He didn't say that at all, he suggested the pub sign alluded to the fact that lawyers couldn't be trusted. Not like you to exaggerate!

    To which, incidentally, you kindly replied '**** off you twat!' Well he has, so well done. <ok>
     
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  14. canary-dave

    canary-dave Well-Known Member

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    Gandy, I normally agree with everything you say, but this time....you're bang on the ****ing money! <hug>
     
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  15. Canary Rob

    Canary Rob Well-Known Member

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    Naturally you will judge it for yourselves:

    "PS Rob you confess to being a lawyer, there is a pub in King's Lynn called the Honest Lawyer, the inn sign portrays a headless man holding his head in his hands. The sign means don't trust a lawyer"

    But suffice to say I wasn't the only person who interpreted the comments as totally unnecessarily offensive.

    To which, incidentally, I actually replied "**** you too you twat". Not like you to exaggerate!

    So if you'll kindly apologise for your unfounded allegation?
     
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  16. Canary Rob

    Canary Rob Well-Known Member

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    Also, you didn't see the post that DH deleted where he said he wanted lawyers to die because they were all useless leeches.

    But don't let that affect your one-eyed approach to the incident.
     
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  17. WEIGHTY CRIMSON PLUM

    WEIGHTY CRIMSON PLUM Well-Known Member

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    Is it possible that the failure of some to accept 'Brexit' could have a more detrimental effect than 'Brexit' itself?

    Keep hearing about Leave 'lies' but not much about Remain 'lies'
     
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  18. ncgandy

    ncgandy Well-Known Member

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    Jesus wept <doh>

    He's gone so that's another one down. I'll miss his friendly demeanour.
     
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  19. Canary Rob

    Canary Rob Well-Known Member

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    So no you won't apologise, I didn't think you would. A bit like your friend who when he attacks someone for absolutely no reason doesn't like when it's thrown back at him and runs off sulking like a teenager. His demeanour certainly wasn't so friendly then.
     
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  20. Canary Rob

    Canary Rob Well-Known Member

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    That's probably because there weren't actually any lies.

    I accept that the Remain camp were guilty of some pretty ridiculous exaggerations (for which they were rightly panned), but they never actually lied in the way the Leave campaign, quite dishonestly, said things which were impossible (e.g. £350m to the NHS).
     
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