The 'I told you so' EU referendum - Officially the Worst Thread Ever

[Herd]

Wow economic theory written by the Herd, this is something else.

Firstly the Bank of England is owned by the government and whilst was granted autonomy works hand in glove with the government .
The reduction in the pound against other currencies began at that time and yes I know who is prime minister and the timings .
I also undertsand property markets so thanks for the lecture but so what.
Your a patronising type of guy that talks a lot about economics but knows fuck all about it.
As for running firms mmmmm where have I ever said anything about that .
Enough now,your boring me like most remainers .
They remind me of akbs who think they have some moral or intellectual high ground !

[nut flush gooner]

Wow economic theory written by the Herd, this is something else.

Firstly the Bank of England is owned by the government and whilst was granted autonomy works hand in glove with the government .
The reduction in the pound against other currencies began at that time and yes I know who is prime minister and the timings .
I also undertsand property markets so thanks for the lecture but so what.
Your a patronising type of guy that talks a lot about economics but knows fuck all about it.
As for running firms mmmmm where have I ever said anything about that .
Enough now,your boring me like most remainers .
They remind me of akbs who think they have some moral or intellectual high ground !

I only patronise people who try to blag their way through a discussion like you do. Your first sentence says it all really.

The Governor of the Bank of England is answerable to the Chancellor of the Exchequer but does not work autonomously. The B of E has one main remit to keep inflation under control, if they exceed the prescribed targets they have to write to the chancellor to explain why. That aside, the decision to set interest rates has absolutely nothing to do with the Chancellor or the Government.

As I said in a previous discussion, reminisce away about your days as part of the famous old Arsenal firm that is your namesake. But don't try to come out as knowledgeable and authoritative on the subject of the EU because you don't seem as though you know what you are talking about.

As for the AKB's ha, I am definitely WOB but at the Emirates lots of my mates are AKB and I don't lambast them for it because they can come up with a meaningful well thought out discussion. Try it.

[DB10GOONER]

'Lad'

No the pound wont gain whats its lost so quickly but it will over time

So I tell you what I will put my mortgage on the pound recovering based on your advice, err no thanks .........

Im the person that wonders if Bergkamps goal at Newcastle was meant,

That's why I don't trust anything you say, mate.

HE FUCKING MEANT IT!!!! WE ARE TALKING ABOUT THE DENNIS YOU DOG FUCKER!!!!

[flash gunner]

It's going to go a lot further down, and of course it will bounce up a bit, esp if Trump gets elected, but the direction of travel is very clear.

Just edited to say about Trump winning. Markets are volatile depending on these factors

Going by your logic if Trump farts the pound will go up. He doesn't care for any other country and IF he gets elected the markets won't respond in a positive way. His trade policies are all about protecting US interests not ours.

What a load of old bollocks where have i said anything like that? Start debating like a man

The pound will go up or more importantly the dollar down because the markets will not like an imbecile like Trump being elected as president, its got nothing to do with trade policies

It's hard to debate full stop when people make sweeping generalised statements. You don't know for sure what will happen to the pound.

That's exactly what this thread is all about NO ONE KNOWS. One expert says one thing, one says another. Not a single person has mentioned the link i posted where the former Bank of England boss says its a good thing. I guess its because as the former Bank of England boss he's got quite a strong argument and people like to argue with things that is easy picking, like olgit's biased youtube video

[DB10GOONER]

TBH if you look at the history of economic boom and bust cycles (which is the pattern of 90% of individual country economies in the west) the truth is usually somewhere in the middle.

There will be negative effects from Brexit, and there will be positive effects too. The length and depth of those negative and positive effects are unknown though and will be determined by numerous internal and external market influences in both the short and long term. The UK economy will continue to go through these boom and bust cycles because it interacts with and is influenced by the larger world economy. You won't experience either a catastrophic economic melt-down or a huge economic boom based solely on Brexit.

[nut flush gooner]

Just edited to say about Trump winning. Markets are volatile depending on these factors

Going by your logic if Trump farts the pound will go up. He doesn't care for any other country and IF he gets elected the markets won't respond in a positive way. His trade policies are all about protecting US interests not ours.

What a load of old bollocks where have i said anything like that? Start debating like a man

The pound will go up or more importantly the dollar down because the markets will not like an imbecile like Trump being elected as president, its got nothing to do with trade policies

It's hard to debate full stop when people make sweeping generalised statements. You don't know for sure what will happen to the pound.

That's exactly what this thread is all about NO ONE KNOWS. One expert says one thing, one says another. Not a single person has mentioned the link i posted where the former Bank of England boss says its a good thing. I guess its because as the former Bank of England boss he's got quite a strong argument and people like to argue with things that is easy picking, like olgit's biased youtube video

But you can make educated rational arguments based on what has happened in the past and theories that are taught in schools, colleges and universities that where thought out by people infinitely more intelligent than you or me. Economists said the pound would tank and they where right.

To say it will recover is like flipping a coin, that isn't a rational discussion or argument.

[flash gunner]

Going by your logic if Trump farts the pound will go up. He doesn't care for any other country and IF he gets elected the markets won't respond in a positive way. His trade policies are all about protecting US interests not ours.

What a load of old bollocks where have i said anything like that? Start debating like a man

The pound will go up or more importantly the dollar down because the markets will not like an imbecile like Trump being elected as president, its got nothing to do with trade policies

It's hard to debate full stop when people make sweeping generalised statements. You don't know for sure what will happen to the pound.

That's exactly what this thread is all about NO ONE KNOWS. One expert says one thing, one says another. Not a single person has mentioned the link i posted where the former Bank of England boss says its a good thing. I guess its because as the former Bank of England boss he's got quite a strong argument and people like to argue with things that is easy picking, like olgit's biased youtube video

But you can make educated rational arguments based on what has happened in the past and theories that are taught in schools, colleges and universities that where thought out by people infinitely more intelligent than you or me. Economists said the pound would tank and they where right.

To say it will recover is like flipping a coin, that isn't a rational discussion or argument.

Of course it would tank, markets hate uncertainty you dont need to be a genius to know that but it will settle in time, it always does. The former Governor of the Bank of England says its a good thing other experts says its a bad thing so even the people people infinitely more intelligent than you or me cant make up their mind......

Anyone else think we are going round in circles here?

[Gunner Rob]

I agree that there are differing views and that is why making a case for leave and remain is tricky.

it is a bit like at Arsenal where the fanbase is split between WOB and AKB. The views on both sides are adamant that they are CORRECT.

now I have made it pretty clear on here that I think we should have remained, but I will respect other people's views on here because otherwise it is just becomes a slanging match between two opposing sides.

now I don't work in the city and maybe dont grasp the economic details that for example the former governor of the bank of England might be aware of but what I am aware of is how the world is changing, and it is changing very fast.

most problems in the world come back to the fact that the population is rising at rates we are just not used to, and have never seen before.
this means more resources are being used up, and those resources are going to get more expensive. trade deals are going to get more and more ruthless. How the UK thinks it is going to survive ON ITS OWN in this new brutal global economy is just beyond me.
Greece is lucky, yes it has an economy which is a basket case but the EU has bailed it out. Who will bail our economy out in the future? No one.

I still can't believe that there wasnt any kind of plan for Brexit, what does that say about the people who are now in charge of the country?
I still havent heard from ANY leaver how leaving the UK is going to be better off in the future. if I say that we are going to be worse off then they just shout PROJECT FEAR ! But shouting project fear isnt going to get us any trade deals....

[Red Snapper]

Greece may not have needed bailing out if it hadn't been shoehorned into the Euro despite failing spectacularly the required entry credentials. They could have set their own interest rates etc while continuing to treat tax as an inconvenience to be ignored and paying full pensions at the age of 50.

[Herd]

I only patronise people who try to blag their way through a discussion like you do. Your first sentence says it all really.

Of course your right , I have absolutely no idea how I managed to blag a degree in the subject ,surely I must have received it only after threatening the lecturers with a good kicking from the lads .
I am clearly out of my depth dealing with a mastermind like yourself and I have to thank my lucky stars for having a job in the oil trading and shipping
industry this last 35 years .
Who would have thought that someone as backwardated as myself ,with absolutely no knowledge of how the worlds markets work could do this ?
I'm amazed ,really I am ,can you tell me where Dover is please , I think I'd better move abroad again !
I tip my hat off to you sir , I had no idea that one of Adam Smiths direct descendants was walking amongst us humble folk !

[nut flush gooner]

I only patronise people who try to blag their way through a discussion like you do. Your first sentence says it all really.

Of course your right , I have absolutely no idea how I managed to blag a degree in the subject ,surely I must have received it only after threatening the lecturers with a good kicking from the lads .
I am clearly out of my depth dealing with a mastermind like yourself and I have to thank my lucky stars for having a job in the oil trading and shipping
industry this last 35 years .
Who would have thought that someone as backwardated as myself ,with absolutely no knowledge of how the worlds markets work could do this ?
I'm amazed ,really I am ,can you tell me where Dover is please , I think I'd better move abroad again !
I tip my hat off to you sir , I had no idea that one of Adam Smiths direct descendants was walking amongst us humble folk !

Blag a degree in blagging .

Now that is truly impressive old boy. I would love to play poker against you herd, you seem the sort that tilts very easily.

[Herd]

Now that is truly impressive old boy. I would love to play poker against you herd, you seem the sort that tilts very easily.

I'd have loved it if your mother had gone through with the abortion ,can't have everything in life though ,can we ? !
Now your a professional card player how would I have guessed that , sorry I dont gamble, but I did sell the pound in late May

[nut flush gooner]

Now that is truly impressive old boy. I would love to play poker against you herd, you seem the sort that tilts very easily.

I'd have loved it if your mother had gone through with the abortion ,can't have everything in life though ,can we ? !
Now your a professional card player how would I have guessed that , sorry I dont gamble, but I did sell the pound in late May

Surprised you didn't notice with my name. Poker isn't gambling it's a skill game, I would describe myself as a serious recreational player. Not good enough to be a pro but make a few quid to pay for all those expensive away European trips that have been caused by errrr brexit .

I have been selling the pound throughout the year, hold a wedge of gold in my pension but would rather be investing it in British companies, sadly due to Brexit I cannot see a good future for them.

[Henry Norris 1913]

Now that is truly impressive old boy. I would love to play poker against you herd, you seem the sort that tilts very easily.

I'd have loved it if your mother had gone through with the abortion

woah

things are getting heated, it's like an episode of question time

[nut flush gooner]

Now that is truly impressive old boy. I would love to play poker against you herd, you seem the sort that tilts very easily.

I'd have loved it if your mother had gone through with the abortion

woah

things are getting heated, it's like an episode of question time

Indeed, try to come across as educated and aim low. It's fine with me I am happy to debate Smithsonian style economics and Keynesian influence on modern day economic strategy which is far more relevant to brexit in my opinion.

Somehow I suspect we will get more hot air out of herd.