Herd wrote: ↑
Thu Dec 20, 2018 11:32 pm
No I have not been brainwashed. It is fairly obvious that the other 27 EU states are remaining a very solid block.
You must be very disappointed.
1. the euro is a lot stronger than it used to be against the pound
2. no other country has held a referendum on wanting to leave the EU
3. Brexit has boosted popular support for the EU. a Eurobarometer survery in October showed that 68% of respondents feel their country benefits from EU membership, the highest level since 1983.
4. the survey also revealed that 66% - a majority in every state would vote to remain in any exit referendum.
What a shame that the UK is so full of stubborn, insular, ignorant idiots
1. So what the Banks have been deliberately selling down the pound because they are the driving force behind the remoaner cause.
3. Lies damm lies and statistics
Actually your right on one point Rob ,of course ,it's not possible for you to be brainwashed, is it ,how silly of me .
As for bieng insular I can promise you I've been to for more countries than you can probably name ,I love Europe I want to part of it but not this federalist ever expanding juggernaught that is the EU .
Herd, you claim to have studied Economics and yet when I read the first answer above I find it hard to see what economic theories that you have analysed, which bring you to the conclusion that banks deliberately depress the value of the pound to force through a political agenda. What exactly did you study, I am curious to know.
I do accept market manipulation exists, and yes there have been many examples in the past of rogue traders using insider information to make themselves a lot of money. However, when we are talking about currencies its totally different gravy. In recent history there has only been one financier George Soros who used the ERM to short the pound and make himself a few billion quid in the process. And he wasn't manipulating markets, he made a bet and got it right ie shorting the pound.
With regards to the forex market today, the pound is free floating, its not open to manipulation by banks or any other institutions. It's value is a barometer on the overall health of our economy. It's fact things haven't been great since the referendum, and that's why the pound is weaker. You can blame the banks for a lot of things, but making cliche'd remarks just to serve a leave agenda really doesn't prove anything.
Stephen Fry made this great video about the propaganda fed to the country by vote leave. So many people have fallen for the rubbish Farage, Johnson and Rees Mogg have come out with over the last 3 years.