It's normally the other way round - higher interest rates to combat inflation. Though that's not set in stone e.g. BoE sensibly didn't put up interest rates in 2008/2009 when inflation was running at 5%.
Brexit thread - what happens next
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It's normally the other way round - higher interest rates to combat inflation. Though that's not set in stone e.g. BoE sensibly didn't put up interest rates in 2008/2009 when inflation was running at 5%.
Looking for new glasses at the moment and saw this:
http://www.speckyfoureyes.com/framed/6882-sfe-8135-glasses.html
Priceless
Doh
Well no, it wasn't an act of organised political violence, it was an autismo retard having a breakdown sadly.
Soldato
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[TW]Fox;29758041 said:
I have no idea what my point is lol. Hadn't really thought of one.
Suppose it's that in general a lot of BRemainers moan about the result but something like 10-12m (possibly BRemainers?) people had the chance and never voted. The outspoken ones did vote but they are pushing the point of the younger generation but there inability to bother in general was their undoing and undermined their point meaning that their original argument is kinda voided?
Only 3 in 10 young people voted to remain, 1 in 10 voted to leave and 6 out of 10 don't care.
Soldato
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Variable rate will benefit but unsure on fixed rate in the link as they reduced mortgages in anticipation. I can't afford the insecurity if the world ends as BRemain predicted. I have my budget - if I can get it £10 a month cheaper I lost out but if it goes up £100 a month..... I'm only paying £270 a month repayment for a mortgage on semi-detached. I have been very cautious with my finances to ensure I don't end up like the people I bought the house from (repossessed).
http://www.bbc.co.uk/news/business-36734164
Well played
Looking to fix my mortgage down soon. Been on variable for 5 years as there's been no sign of interest rates going up.
Never fix your mortgage, it's almost never worth it. Take the best discounted rate you can get and you're likely to be better off. Fixed mortgages are a bet, you against the mortgage company, on the levels of future interest rates; but like most gambling, the house always wins because the game is rigged in their favour. You're essentially paying a premium for them to take the risk of interest rate changes instead of you.
So unless an interest rate change actually threatens your ability to pay, take the lower rate, put it in savings and if rates go up you can use the extra money you've saved to offset the increase and end up, 9 times out of 10, up on the deal.
There are a good number of people like myself who consider voting remain to be an act of validation of a deeply corrupt and inefficient organisation but would not vote leave either.
If people do go for leave IMO they have a responsibility to see it through and do their best to mitigate/manage the obvious predictable repercussions instead we've seen almost complete disarray and largely inaction in many ways including in response to political moves that are entirely anathema to what most people voted leave apparently stand for which kind of invalidates their original arguments.
I don't think that is the best advice really, or at least it certainly doesn't necessarily suit all people. There are many situations where fixing your mortgage for a long term may be beneficial.
Soldato
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And if people chose not to vote they have the responsibility to support the outcome fully. Otherwise they will do nothing of benefit to anyone?
'predictable repercussions'? - like what exactly? How can people predict something that has never been done before?
Those same experts missed the world recession in 2008 and the EU completely messed up the migrant crisis leaving countries to suffer because of their lack of foresight.....
I voted to leave because the EU wasn't working and wasn't willing to reform as verified by David Cameron's failures. When it collapses it can be rebuilt into the original EU it was designed to be (post WW2 keep the peace) rather than the unmanageable behemoth it became. The Germans are lovely people but the EU is run by German politicians and is making countries dependant on the EU because of their errors (or are they errors and a very good act of sabotage politically?).
And if people chose not to vote they have the responsibility to support the outcome fully. Otherwise they will do nothing of benefit to anyone?
I don't see it - not if someone fully doesn't support either outcome.
The general direction is pretty bleeding obvious even if some of the details are unpredictable.
Exactly because most didnt see the financial crisis therefore no one has a clue about anything. We should just delete the internet since it's all BS. Unis should shut down and instead we should focus on our true values of Farage quotes, beer, football and Daily Mail reader's opinions.
would you got back to the same doctor or request a new one?
not what i asked. if you where severely misdiagnosed and suffered greatly for years because of it would you continue to use the same doctor or would you use a different one?
Your analogy after all.
![[TW]Fox](/data/man-of-honor/2009.png){kind=avatar}
So the only people who advised against Brexit were also responsible for warning us in 2007 but didn't?
[TW]Fox;29758803 said:
sorry that sentence seems bizarre not sure what you're saying?
are you trying to say I'm saying that only the economists who advised against brexit got it wrong in 2007?
or are you implying they knew 2007 crash would happen but didn't warn people as if it's some kind of conspiracy?
because i have said nor inferred no such thing.
please don't put words in my mouth.
I'm just pointing out the ****** analogy.
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