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View Poll Results: What would you personally prefer to happen?
I want the UK to stay in an ever-closer union 49 23.11%
I want the UK to stay in a loosely connected EU 68 32.08%
I want the UK out because the EU is bad for the UK 22 10.38%
I want the UK out because the EU is a bad thing 23 10.85%
I want the UK out because this would be good for the rest of us 17 8.02%
I don't really care 33 15.57%
Voters: 212. You may not vote on this poll

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  #18341  
Old 12.03.2019, 11:27
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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Ha ha he had the audacity to say that the success of his investments in emerging economies like China and India had nothing to do with Brexit! The fact is you still buy the BS Loz. Of course it’s the job of journalism to report on this sort of profiteering, especially when all the architects of Brexit are being proven to be profiting out of a weakened British economy and through investing outside of the UK!
How does a weakened UK economy increase investment profits generated in China and India?
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  #18342  
Old 12.03.2019, 11:40
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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How does a weakened UK economy increase investment profits generated in China and India?
Currency exchange rates.
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  #18343  
Old 12.03.2019, 11:49
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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Currency exchange rates.
Neither the Indian rupee or Chinese Yuan, have been particularly strong against Sterling but then don't let the truth get in the way of a good story. Remember that China is a huge exporter so having a strong currency will reduce local profits.
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  #18344  
Old 12.03.2019, 11:57
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

Loz! LOZ!!!!!

What are you betting for the vote on the deal tonight? And, have you put a bet on? I reckon a defeat by 85-100 votes.
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  #18345  
Old 12.03.2019, 11:57
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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How does a weakened UK economy increase investment profits generated in China and India?
The business moves, other economies strengthen in relation to a weakened currency. It’s pretty basic economics really. Unless I am missing something here? Please enlighten me. I really do believe that the people that pushed Brexit are making money out of it. While the average person and business in the UK looks set to lose out big time. Am I wrong? If I am, I’ll take it all back and concede my opinion about leaving the EU being detrimental to the UK economy in the long term. But don’t tell me the economic future looks bright for the UK. Ironically a lot of the architects of Brexit are relocating their businesses and assets outside of Britain with the aim of accessing the European market post Brexit!
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  #18346  
Old 12.03.2019, 12:03
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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Neither the Indian rupee or Chinese Yuan, have been particularly strong against Sterling but then don't let the truth get in the way of a good story. Remember that China is a huge exporter so having a strong currency will reduce local profits.
I mean FMF is kinda right, if you completely ignore facts.

INR pre Brexit vote was about 99 Rupees to the Pound, today it is somewhere around 91.5.

CNY pre Brexit was about 9.7 to the Pound, today it is about 8.8.

So apart from the 10% drop versus those currencies mentioned, FMF is completely correct.
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  #18347  
Old 12.03.2019, 12:17
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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I mean FMF is kinda right, if you completely ignore facts.

INR pre Brexit vote was about 99 Rupees to the Pound, today it is somewhere around 91.5.

CNY pre Brexit was about 9.7 to the Pound, today it is about 8.8.

So apart from the 10% drop versus those currencies mentioned, FMF is completely correct.
The profits were not made pre BREXIT, they were made post BREXIT, look at both 1 & 2 year graphs. Currency has not increased profits by 10% & the profitability is way higher than 10% to give him his 7 million. Basically you can ignore the currency changes.

Even you could be a millionaire, invest 100 a month for 40 years with 12% compound growth, instead you lease new cars it's your choice.
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  #18348  
Old 12.03.2019, 12:20
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

Looks like the PM's renegotiated deal on the backstop doesn't amount to much. The Attorney General has published his advice and concludes that while the new agreement appears to be legally binding and would help dig the UK out of a hole if the EU were knowingly and willfully to obstruct the removal of the backstop, it doesn't do anything to guarantee its removal if both parties fail to find a solution. No surprise there, then.

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However, the legal risk remains unchanged that if through no such demonstrable failure of either party, but simply because of intractable differences, that situation does arise, the United Kingdom would have, at least while the fundamental circumstances remained the same, no internationally lawful means of exiting the Protocol’s arrangements, save by agreement.
Anyone challenging Blueangel's assessment of how the vote this evening will go?
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  #18349  
Old 12.03.2019, 12:23
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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The profits were not made pre BREXIT, they were made post BREXIT, look at both 1 & 2 year graphs.
Brexit hasn't happened yet, what are you going on about? I am talking about the relative currency strengths pre and post Brexit vote, so stop changing the subject. I am purely refuting your claim that neither INR nor CNY have been strong vs GBP.

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Even you could be a multimillionaire, invest 100 a month for 40 years with 12% compound growth, instead you lease new cars it's your choice.
Even me, eh? You crack me up, FMF.
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  #18350  
Old 12.03.2019, 12:24
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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The profits were not made pre BREXIT, they were made post BREXIT, look at both 1 & 2 year graphs.
How could anyone be making profits post-Brexit when Brexit hasn't happened yet -- and may never happen?
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  #18351  
Old 12.03.2019, 12:25
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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Neither the Indian rupee or Chinese Yuan, have been particularly strong against Sterling but then don't let the truth get in the way of a good story. Remember that China is a huge exporter so having a strong currency will reduce local profits.
https://www.finanzen.net/devisen/bri...inbi_yuan-kurs

Maybe if you're looking only at recent development in the last month..

Try to hit that "MAX" (or even just 5 year) button, and you might want to rib your eyes again.

Till 2008 or so, you got approx 15 RMB per pound.

Then till about 2015 (with some +/- of course), about 10 RMB

Last year, around 8.5 to max. 9 RMB

But keep on labelling the complete opposite as "truth". The "President" of the United States does so as well..
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  #18352  
Old 12.03.2019, 12:26
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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How could anyone be making profits post-Brexit when Brexit hasn't happened yet -- and may never happen?
We were talking about since the referendum as you know, thanks for being a grammar nazi, your added clarity to the conversation is much appreciated.
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  #18353  
Old 12.03.2019, 12:26
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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Looks like the PM's renegotiated deal on the backstop doesn't amount to much. The Attorney General has published his advice and concludes that while the new agreement appears to be legally binding and would help dig the UK out of a hole if the EU were knowingly and willfully to obstruct the removal of the backstop, it doesn't do anything to guarantee its removal if both parties fail to find a solution. No surprise there, then.

Anyone challenging Blueangel's assessment of how the vote this evening will go?
Congratulations to Geoffrey Cox, Attorney General, for resisting considerable political pressure when writing his opinion.
No challenge to Blueangel!
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  #18354  
Old 12.03.2019, 12:27
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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No surprise there, then.
It all serves to further highlights how utterly myopic the original campaigns were. Honestly, it never crossed my mind at the time, how huge the backstop issue would become, and that's after watching days of high court proceedings, reading vast amounts of evidence regarding numerous issues, etc....
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  #18355  
Old 12.03.2019, 12:40
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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We were talking about since the referendum as you know, thanks for being a grammar nazi, your added clarity to the conversation is much appreciated.
Grammar Nazi?

Your grammar slip-ups I can (and do) ignore -- you've repeatedly explained the reason for them. But stating something provably false is not a grammar slip-up, it's simply wrong, misleading and at worst, deceptive and fraudulent. Just as Trump's lies are not "grammar slip-ups" or "spelling mistakes" or "orthographical errors", but outright glaring falsehoods intended to deceive.

If you meant "since the referendum", why not say "since the referendum" and not "post-Brexit", especially in a reply to a post about profiting from Brexit?
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  #18356  
Old 12.03.2019, 12:42
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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Grammar Nazi?

Your grammar slip-ups I can (and do) ignore -- you've repeatedly explained the reason for them. But stating something provably false is not a grammar slip-up, it's simply wrong, misleading and at worst, deceptive and fraudulent. Just as Trump's lies are not "grammar slip-ups" or "spelling mistakes" or "orthographical errors", but outright glaring falsehoods intended to deceive.

If you meant "since the referendum", why not say "since the referendum" and not "post-Brexit", especially in a reply to a post about profiting from Brexit?
The ad-homs are smacking of desperation here. Would be simpler for all if he were to back down on the palpably false claims. We're all nice, we'd forgive him. Again.
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  #18357  
Old 12.03.2019, 12:50
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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It all serves to further highlights how utterly myopic the original campaigns were. Honestly, it never crossed my mind at the time, how huge the backstop issue would become, and that's after watching days of high court proceedings, reading vast amounts of evidence regarding numerous issues, etc....
And some newspapers are reporting an organisation claiming to be the IRA is sending parcel bombs.
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  #18358  
Old 12.03.2019, 12:53
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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Loz! LOZ!!!!!

What are you betting for the vote on the deal tonight? And, have you put a bet on? I reckon a defeat by 85-100 votes.
I've been confident for a few months now that the UK will end up leaving the EU without a deal. This still remains the case.
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  #18359  
Old 12.03.2019, 12:54
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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The ad-homs are smacking of desperation here. Would be simpler for all if he were to back down on the palpably false claims. We're all nice, we'd forgive him. Again.
I couldn’t care about his grammar, nor his opinions really. I am just amused at the way some Forum users defend or choose to ignore some of the blatant hypocrisy of certain politicians and business men who endorsed Brexit and are now relocating business overseas or whose businesses profit hugely from not being based in or taxed in Britain.
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  #18360  
Old 12.03.2019, 12:57
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

Worth 2mins of your time...

https://www.lbc.co.uk/radio/presente...ttorney-gener/
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