Indeed, but it shows businesses are not stupid and will try to keep its market share or go bust
The first rule of preservation
Indeed, but it shows businesses are not stupid and will try to keep its market share or go bust
Why did I order it, get a card through saying I needed to pay and have to go and pay a charge to Customs iirc then???
No I didn't... You posted drivel on the pound vs euro trend from KCNA... Thus misinforming and had it clearly and categorically refuted. Look for yourself on xe... Trend line proved you wrong.
Thus you assert leaving is going to crash the pound.
Remain have had all their arguments debunked and are just arguing now for the intent to spread fear. Let them love their crony club.
I didn't suggest there was?! What exactly is your point?
LOL you make me laugh everyday.
What? Iceland had one of the highest growth rates in Europe post-recession. And has outperformed similar EU countries.
Voting out on the basis that it will reduce immigration is pretty stupid, that is my point.
LOL you make me laugh everyday.
[TW]Fox;29592554 said:It's virtually consensus that it's the case. It's widely acknowledged that a significant proportion of the pounds current weakness is pricing in of the chance of a Brexit. The pound dropped more than 1% across a range of currencies just on the online polls that showed a Brexit out in front.
With that in mind how can you argue with a straight face that Brexit winning wouldn't cause a drop in the value of sterling?!
A couple of example sources which I'm sure you'll blast for being the BBC or propaganda or something:
http://www.bbc.co.uk/news/business-36464502
http://www.bbc.co.uk/news/business-36462507
Voting out on the basis that it will reduce immigration is pretty stupid, that is my point.
[TW]Fox;29592582 said:I have no idea, are you seriously arguing that everything on the government website about duty within the EU is false on the basis that you apparently once got a card through!?
It's a 10 YEAR trend line! The referendum date was only announced in February!
Look at near-term performance for a better handle on the Brexit angle. There is no point trending the Euro:Sterling performance since 2006, a period of time where it was inconceivable we'd ever think about leaving?
No, I assert leaving will have a negative effect on the value of the pound. That is, it will continue it's downward trend. It won't 'crash' the pound because as a semi-strong market the current price reflects all available information - which includes the chance of a Brexit. ie, it's already depreciated in anticipation, therefore it won't suddenly halve if it happens.
Markets hate uncertainity but if the choice was either 'status quo or something better for sterling' then you'd not be seeing this level of depreciation as neither outcome would be sterling negative. In this case, one of the outcomes *is* sterling negative hence the uncertainty.
I'm trying to have a sensible and interesting debate with somebody with an opposing view and all you seem to want to do is say 'Project fear!' and 'crash the pound!' and other emotive stuff.
If you believe something, explain it! If you genuinely think that we pay duty on goods purchased within the EU, demonstrate why this is the case, don't expect us to take your word for it when all the relevant legislation proves otherwise.
We're here in this thread because we enjoy discussing issues and because it's interesting, surely? Otherwise why are we bothering given that nothing we say here has any effect on the outcome.
Why can't we do this respectfully?
So why do they constantly spout out rubbish/lies.
for example WW3, £4300 worse off, invaded by martians interest rate rises, inflation, Pensions falling even though they are protected with a triple lock.
I could go on...
Immigration and population control is one of the biggest issues this country faces. We can't control immigration if we are not Sovereign.
If we don't control the borders, half of Africa/Europe will be trying to live here within 20 years.
Voting to LEAVE the EU is the only way to guarantee Sovereignty.
It's the context I have an issue with. Of course the financial markets dislike and react to uncertainty, but any dip will be temporary because the underlying UK fundamentals are strong regardless of EU status.
So yes the currency will devalue, as will the Euro, but certainly the duration of that will IMHO be minimal. The impact on the Euro is likely to be longer lasting as there will then be uncertainty about other countries leaving.
I'm OUT!
I copied this from another forum. Sums it up for me
<snip>
Simples
The markets would recover very quick, they only drop on uncertainty, same thing happened when we left the ERM in 1992, within weeks the UK pound was stronger.
[TW]Fox;29592637 said:I don't think any of us disagree that there is rubbish coming from both campaigns.
What has being in the EU got to do with migration from Africa!