Brexit thread - what happens next
- Thread starter Gilly
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Soldato
Ok.. ENOUGH OF THE KERFADDLEarsing
Lets get this show on the road ! (Am I doing this right ?)
https://petition.parliament.uk/petitions/133618
Lets get this show on the road ! (Am I doing this right ?)
https://petition.parliament.uk/petitions/133618
Quite, they're very anti-democratic at times. Things like referendums, countries leaving, self determination (in the case of Spain and two of their regions) - these things scare them.
If they try the whole punishment/making things difficult to deter others route then it just further highlights the EU in a bad light.
Soldato
For those of you complaining that there isn't a plan, there is. It's here: linkage.
For the hardline leave people you can ignore this as it is from some experts so don't worry.
For everyone else:
Not very good - ^ We come out worse of everyone and drag most of the world partially with us.
“Facts don’t work” for winning votes, according to the multimillionaire co-founder of the Leave.EU campaign.......
Mr Banks said: “It was taking an American-style media approach.
“What they [Political strategists Goddard Gunster] said early on was ‘facts don’t work’ and that’s it.
“The remain campaign featured fact, fact, fact, fact, fact. It just doesn’t work. You have got to connect with people emotionally. It’s the Trump success.”
Arron Banks on post truth politics.
Soldato
For the hardline leave people you can ignore this as it is from some experts so don't worry.
For everyone else:
Not very good - ^ We come out worse of everyone and drag most of the world partially with us.
Aslong as we take everyone with us to maximise the lulz.
Yeah i read that too and summed up perfectly why Leave won and the factual Remain side lost.
Churning out truthful facts is boring and people switch off. Saying "vote us, and unicorns will come back to life" works so long as people sort of believe the unicorns bit.
Soldato
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I think people should also be aware that Morgan Stanley were one of the companies that bank-rolled the Remain campaign.
It wasn't the fact you mentioned it but rather your naive response.
And?
Soldato
project fear innit, because Morgan Stanley have experts and we shouldn't listen to them........ ever.....
Soldato
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Maybe they did that because they saw leaving the EU as a bad thing as evidenced by their research.
Or is any evidence presented by remain supporters, immediately dismissed, because they are remain supporters?
In which case from whom would you accept any evidence from? Or is that why the leave campaign tried to avoid presenting any evidence because evidence is for the elites. Normal people decide things on a whim.
For the hardline leave people you can ignore this as it is from some experts so don't worry.
For everyone else:
Not very good - ^ We come out worse of everyone and drag most of the world partially with us.
To you that looks like ammunition for your internet argument - to me that looks like leverage.
Exactly what platypus said, but I think I can put it a little more simply.
Bonds earn interest. The yield is the interest divided by the value.
When you buy a bond, the yield and the interest are the same.
The yield changes when the bonds are transferred around, because you might sell the bond on to someone else for a different price to what you originally paid. If the price goes up, the yield goes down, because the same amount of interest will be paid at the end but it costs more to get it.
So back to your question, a lack of investors would reduce the price, raising the yield (all else equal) because the bond will cost you less to buy while earning the same interest. The answer to your question is therefore "yes".
This is why yields on government bonds are incredibly low/negative as of today - there is such an appetite for bonds that investor are willing to paying slightly MORE than what they will get back in 2 years time, just to have somewhere safe to put the money.
Minor correction but yields and interest aren't the same when you buy a new bond. For example UK gilts are subject to an auction process.
Low yields are rather nice to have for the UK govt as borrowing is cheaper. Much nicer situation than say Greece.
There is a knock in effect of low yields for the safe countries... some eurozone bonds won't qualify for the ECB's bond buying program, they're having to change the rules as a result...
There is still a lot of risk there that people seem blind to or have forgotten about, tho use Southern European countries are still rather vulnerable.
Soldato
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To you that looks like ammunition for your internet argument - to me that looks like leverage.
Yes because with the best degree of leverage we might be able to steer ourselves to the bottom but in slightly shallower waters.....
That is a 2 year timescale, worrying that timescale is inevitable given 2 year for actual Brexit no matter the negotiations.
It is what happens after that is important.
Soldato
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No because Morgan Stanley are so pro-EU that they were willing to spend millions on a 'Yes' vote. They were hardly going to print glowing predictions were they?
Expert or not, these are predictions (unless they've got a crystal ball) and certainly would be the first financial projections that turned out to be rubbish..
You post some extraordinary hyperbole, and in every post.
You are the Grim Reaper of remain, i see you around a camp fire frightening kids with stories of doom and gloom.
Soldato
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Could potentially under some circumstances possibly if conditions are right it might feasible if the wind changes be MAXIMALLY TERRIBLE!
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