Brexit - in or out

[barjon]

I think it almost certainly does!

I'm not saying people discussing brexit are racist but there are extreme racist elements who are in the brexit camp ranks. Albeit a very small percentage but never the less they are there.

As always there is a spectrum of opinions and polar extremes. We have seen one quiet man who has been festering an intense hatred to the point of punching, kicking, stabbing and shooting in the face an innocent woman.

That is a lot of hatred.

These loonytoon deranged bodies are in your ranks. Are they numbered in tens, hundreds or more?

As always I'm sure you're right again and this has absolutely nothing to do with brexit debate, knowing everything, perhaps you can explain to us why he chose to kill a white English humanitarian Yorkshire lass?

Agree with cv that it's a cheap shot, Atilla . In any event it's no argument to suggest that this nutter was in Brexit ranks - so what? It's like saying that because there's a few hooligans amongst England football supporters you must be a thug if you call out "come on England" from your sofa.

Apart from anything else you are obscuring what was a real tragedy and a good person who was deserving of everyone's respect.

 

[barjon]

Today it's 1/2 remain 13/8 leave. Remain strengthening again I'm pleased to see

 

[samfarrell]

This is definitely a "Come to Jesus" statement from you and I am glad. I have been saying something similar about NHS for a while. You think the NHS is ailing now that it has 65+ million people to care for. The NHS cannot handle it. There is 742 million people in EU and millions more who are undocumented. That means that there are plenty of people in the EU to flood the UK, increasing the pressure on the NHS.

If the NHS is ailing at 65 million, imagine trying to do that for 311 million people in the US. Socialized medicine may be a great idea, but when the rubber meets the road, it tends to fall apart.

If what your doctor friend says is true, the UK will have to do more than leave the EU to prevent the failure of the NHS. The problem also lies within. However, leaving the EU will be a step in the right direction.



There will be a move to oust Cameron if the Brexit happens, meaning his Project Fear failed. I have heard more recently that he will be ousted regardless of the vote. There is also rumours that the Tories might back Boris Johnson.

I think he would be a good choice.

Wait till it costs £20000 if you break your arm and then say privitisation is a good idea. It will make some people very rich for sure.
The NHS has flaws but it is a good universal healthcare system as it compels services to be bought at the cheapest price. The tories want to privitise this so they can give their buddies companies the contracts which will all fall onto the citizen through big insurance premiums

 

[hhiusa]

Wait till it costs £20000 if you break your arm and then say privitisation is a good idea. It will make some people very rich for sure.
The NHS has flaws but it is a good universal healthcare system as it compels services to be bought at the cheapest price. The tories want to privitise this so they can give their buddies companies the contracts which will all fall onto the citizen through big insurance premiums

That's all well and good.

Fact

1. England does not have an infinite supply of money.
2. England's population is growing faster than its money supply.
3. Whether it becomes privatised or not is a moot point.
4. The ratio of people paying into the system to support those with needs who cannot or will not pay into system is decreasing; thus, increasing the financial burden and stress upon the system. The number of people supporting the system is not rising at the same rate as the people being supported by the system.

The NHS will have to increase its prices to prevent a closure. If it does not want to close increase prices, it will have to create exclusion criteria and turn people away.

Even if it stays socialised, as it were, it will see prices rise in concert with an ever increasing population--the majority of whom pay little to nothing to support the system.

It is pie-in-the-sky thinking to assume that the NHS will be able to continue functioning as it is now. It needs more money. Where will it get it from? Taxes? The tax burden always falls squarely upon the middle class. The poor in your country can simply get a council house and use the NHS and stop working--no tax. The wealthy always have ways to avoid paying the taxes.

 

[darktone]

on the way to the cinema (TAKE ME TO THE CINEMA CHILD!) i was given a 'vote in' leaflet, was gona carry on my way but good sense gave way to lulz.

The woman looked quite serious and was 50+ so we can all trust what she say.

I asked her why she was promoting the stay in campaign. she was concerned for the economy, that were stronger with europe, workers rights etc etc.
i said ok, then asked if staying in or leaving really matters much, she thought it did. I then asked if she knew where money comes from? She started to use a lot of big words that escape me now. I then suggested that money is created by banks, when they make loans. No she said, only central banks can create money, banks can only lend money. Not really I said, CBs only create the narrow money and banks create the other 90%+ of wide/broad money, theres a bulletin that explains money creation on the BOE website that detai--- she cuts in. The CBs control all of it and she knows this because shes done economics and if i dont mind she doesnt think this is the best use of her time and off she trots, tail in the air.

I look at my daughter and smile , she shakes her head, smile turns to :cheesy:

always good to get your facts something like straight and keep them balls on the green

 

[tomorton]

Why did she have to know where most money comes from in order to decide which way to vote? I want to vote on Thursday but this isn't one of the criteria I had been running through my own head.

 

[Atilla]

on the way to the cinema (TAKE ME TO THE CINEMA CHILD!) i was given a 'vote in' leaflet, was gona carry on my way but good sense gave way to lulz.

The woman looked quite serious and was 50+ so we can all trust what she say.

I asked her why she was promoting the stay in campaign. she was concerned for the economy, that were stronger with europe, workers rights etc etc.
i said ok, then asked if staying in or leaving really matters much, she thought it did. I then asked if she knew where money comes from? She started to use a lot of big words that escape me now. I then suggested that money is created by banks, when they make loans. No she said, only central banks can create money, banks can only lend money. Not really I said, CBs only create the narrow money and banks create the other 90%+ of wide/broad money, theres a bulletin that explains money creation on the BOE website that detai--- she cuts in. The CBs control all of it and she knows this because shes done economics and if i dont mind she doesnt think this is the best use of her time and off she trots, tail in the air.

I look at my daughter and smile , she shakes her head, smile turns to :cheesy:

always good to get your facts something like straight and keep them balls on the green

Technically, she is right however, DT. By controlling reserve ratios and influencing interest rates CBs are the Dons who control the other liil banks.

 

[darktone]

Technically, she is right however, DT. By controlling reserve ratios and influencing interest rates CBs are the Dons who control the other liil banks.

reserve ratios!? that's a good one!
Interest rates? still quite funny.

I think its more like a memo that they get which reads something like

fuɔk them now

or

give it to em now, we'll fuɔk them later

:cheesy:

But who knows, im rusty as feck atm, might take a refresher on the subject. but I doubt the core game has changed much.

 

[darktone]

Why did she have to know where most money comes from in order to decide which way to vote? I want to vote on Thursday but this isn't one of the criteria I had been running through my own head.

She doesn't have to know tom. But if she did, she might be handing out positivemoney leaflets rather than brexit BS.

 

[Atilla]

reserve ratios!? that's a good one!
Interest rates? still quite funny.

I think its more like a memo that they get which reads something like

fuɔk them now

or

give it to em now, we'll fuɔk them later

:cheesy:

But who knows, im rusty as feck atm, might take a refresher on the subject. but I doubt the core game has changed much.

No worries, bet she ran home to do a double-take on her notes. In my time they were called certificates of deposits blah blah. RR were 2.5%. I think they are now 11% or or more banks. Where is NT when you need him? Our resident fiat money expert

 

[mike.]

more importantly, what did you and darktone jnr watch at the flicks, did she treat you for fathers day....

 

[darktone]

No worries, bet she ran home to do a double-take on her notes. In my time they were called certificates of deposits blah blah. RR were 2.5%. I think they are now 11% or or more banks. Where is NT when you need him? Our resident fiat money expert

lol. that or prepping a post on some brexit forum about the wonker who wasted her time today
bit late in the evening for the oracle mate. I always struggle to laugh and sleep at the same time! :drunk:

Nnight all

 

[darktone]

more importantly, what did you and darktone jnr watch at the flicks, did she treat you for fathers day....

The Nice Guys. I thought it was hilarious
She did talk me into another pair of shoes that I apparently need and bunged me a tenner towards. Still got stitched for the tickets n nachos tho!!
BTW: if you like Odeon nachos and cheese just dont bother at all at all at all with the Cineworlds offering, they suck bawls big time!

 

[Oscar Reed]

Risk on Monday

Is this saying the no vote will win?

 

[tar]

Is this saying the no vote will win?

Thats the reason :

https://www.betfair.com/exchange/plus/#/politics/market/1.118739911


Remain = 69.4%

 

[Oscar Reed]

I would go for the out vote.
But when you read this from IG Markets in Melbourne this morning.
Makes you stop and think twice.


Brexit fears abate, risk appetite increases

We’re heading into the business end of UK referendum and peak noise.

The ‘remain’ camp has polled well in a weekend Survation poll (for the Sunday Mail), with David Cameron finally showing some heart in the live BBC debate – at least according to some. Nigel Farage’s ‘Bursting point’ poster concerning the refugee crisis looks as though it has backfired with many seeing the horrific humanitarian side of the issue. The odds of the UK leaving the EU have fallen below 30% again, but there are at least five more polls to go and given the 130% increase in GBP/USD 1-week implied options volatility on Friday, this is still a market that is fragile and happy to turn on a dime. For now though, risk appetite has increased with a 1.3% increase in GBP/JPY this morning, S&P futures have rallied 0.6%, oil is up 0.7% and gold 0.9% lower. The ASX 200 is likely to test 5200 on open.

In terms of direct economics, a modest 2% of Australian exports go to the UK and 3% to Europe, so a decline in UK consumption would not be a terrible negative for Australia. In fact, an exit from the EU could see the UK forge greater trade relations with Australia and other Commonwealth nations. However, the offsetting mechanism would be a strong tightening of financial conditions, with sentiment likely to focus on the funding markets which would exude clear stress. Emerging markets with large USD liabilities would face huge headwinds, and one suspects Aussie banks would be savaged not just because of an unwinding of income structures (on higher volatility), but because wholesale funding markets would react negatively.

The fact that the European Commission President Donald Tusk has warned that a UK vote to leave could ‘threaten Western political civilisation’ has to be the biggest contrarian indicator of all time, along with comments from others that we are staring at ‘another Lehman moment’. A number of investment banks have written to institutional clients warning of thin liquidity on Friday that could exasperate moves which seems prudent, although the Swiss National Bank, Bank of Japan and Federal Reserve have all detailed that they will flood the market with liquidity should that situation arise.

For today though, it seems logical that we are staring at a lively open for the local market, with BHP’s ADR already up 3.5%. Volumes through the equity market will be key today, as this will detail whether any buying has genuine backbone or whether this is more a position adjustment. Keep an eye on the fixed income markets, because when you hear that global government bonds are annualising 23% year-to-date, which according to Bank of America is the highest in 30 years, it suggests we are close to bursting point.
http://www.ig.com/au/indices-news/2016/06/19/brexit-fears-abate--risk-appetite-increases-32913

 

[timsk]

I'm afraid to say I think it's game over for the Brexit campaign. The Premier league clubs are saying we should stay in - which is reason enough for hundreds of thousands of footie fans up and down the land to vote remain.

Looking at the Dax this morning, I'd say market sentiment thinks it's game over too. The Brexit crew are really going to have to pull a mighty big rabbit out of the hat at the last minute to stop this trend. IMO, momentum is very much with the remain camp.
Tim.

 

[hinderponder]

I think that the English are too wise to exit the EU.

 

[barjon]

I'm afraid to say I think it's game over for the Brexit campaign. The Premier league clubs are saying we should stay in - which is reason enough for hundreds of thousands of footie fans up and down the land to vote remain.

Looking at the Dax this morning, I'd say market sentiment thinks it's game over too. The Brexit crew are really going to have to pull a mighty big rabbit out of the hat at the last minute to stop this trend. IMO, momentum is very much with the remain camp.
Tim.

Aye, biggish shift today 2/7 remain, 3/1 leave - reality reasserting itself

 

[Pat494]

I don't think that it is, but only the referendum will tell. The SNP did not get independence, neither did Cataluña, although the "Independent" parties would say that they did.

The politicians say "What the people want is..."

BS---it's what the country wants. The British electorate wanted a referendum, otherwise Cameron would not be having one.

Cameron is such a moron. He may well go down in history as the man who got what he didn't want and didn't have to have. We shall see.

The British electorate have usually done what the working class newspapers tell them what they think. As for self generated thought ? Hardly mate. But improving somewhat, just thinking what their Universities think for some.