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[maxk] 17/12/2018 21:28

Yes, just saw that .. weird or what?

[zho] 17/12/2018 21:25

Mount Teide,

Re comments about JRM in 70504 above, you will be relieved to hear that Jacob has miraculously recovered his confidence in Teresa May.

"Jacob Rees-Mogg says Theresa May has his 'confidence' after winning vote of Tory MPs" (Sky)

[meathed] 17/12/2018 20:30

How to understand people calling for "no deal"? For some reason they think the UK should leave the EU, but when they see what that actually means (the "deal") they naturally don't like it. Instead of coming to the obvious conclusion (leaving the EU is not a very good idea), they want to have their cake and eat it. They imagine if we simply don't make a deal about how to leave the EU, somehow all these bad things will go away.

We were told nothing is easier than making trade agreements. They can be hashed out in half an hour over a cup of tea. Two years have gone by and we have what? Some arrangement with Sao Tome and Principe? Then these no dealers point out that country A might make a free trade deal with us, and country B might make a free trade deal with us. Can we see the text of these putative free trade agreements? Oh, there isn't a text? What is it, a "no deal" free trade agreement?

Michael Gove's "everyone's tired of experts" has gone a little too far, hasn't it?

[aleman] 17/12/2018 17:41

December looks set to have the most credit downgraded in any month since the last recession. (Xerox was downgraded to junk overnight.)

[freddie ferret] 17/12/2018 17:17

Over the weekend there was too much boring wadding posted up on this thread, mainly about Brexit.

The only exception was Aleman's post and link which I will now reproduce since it is of the utmost importance.



While stocks are undoubtedly in a bear market worldwide as is the residential property market in many countries the above link is the first signs of the bond market freezing up globally.

Things will probably now move very fast from here.

The only question is, are we looking at recession, depression or slump?

We do need to reboot imho.

Buddy, can you spare me a dime?

[fireplace22] 17/12/2018 17:03

In the parliamentary debate, something about major public institutions have to received cash and have 'no deal' contingencies starting before the new year, is this why the vote has been deferred to give a meaningful deterrent to the EU re our commitment to ND?

[lr2] 17/12/2018 16:50

We sign them to show our disgust with parliament. No more, no less.

[spittingbarrel] 17/12/2018 16:44

I'm not sure why people bother with these government petitions anymore, not one of them has ever made a difference or been acted upon. They are just debated and then ignored. It's just a con to make the people think they have a say in how the country is run.

[lr2] 17/12/2018 16:33

Just passed 185k signatures. It was 182.5k when I signed it mid-afternoon.

[alphorn] 17/12/2018 16:33

Let us hope that it works Aleman. A real live experiment!


Meanwhile all is well, holiday time for the 650:
"Nicky Morgan, the Conservative chair of the Treasury committee, says she does not see why MPs are going on holiday for two weeks when it should be holding the vote this week".

[aleman] 17/12/2018 16:27

I've never seen one of those petitions fly up like that. It's up about 500 in 15 minutes.

[fireplace22] 17/12/2018 14:31

Petition for no deal brexit:

[pendragon2] 17/12/2018 14:26

I suspect the current uncertainty is not about Brexit as such, but the galloping (sorry clodhopping) incompetence of the UK government and opposition as they flounder in the face of the challenge.

[pendragon2] 17/12/2018 14:23

Alp a couple of weeks ago the Japanese Prime Minister said they would be happy to sign up the UK tomorrow. The orange skin offered an FTA to Mrs May which she turned down!

Wake up and smell the coffee, as people used to say...

[fireplace22] 17/12/2018 14:20

FTA's with other parts of the world would be additional or supplement trade we conduct with other countries outside the EU at the moment also trade with the EU will almost certainly continue at a not dissimilar level to that at present. We will not be relying on signing new trade deals for survival as you seem to imply.

[alphorn] 17/12/2018 14:12

Further to #615 these quotes today are just unbelievable. Please NOTE I am not pushing either side - only focussed on possible outcomes. Plenty of other posters to deal with the emotional politics.


He (No10 spokesperson) was referring to the breezy assurance that in the long run the UK will somehow prosper whatever - an argument that May has made herself, and that Hunt made in the interview. (“I’ve always thought that even in a no-deal situation, this is a great country, we’ll find a way to flourish and prosper.”

'somehow prosper' 'find a way'


Just imagine making these statements in a global 500 company outlook. I am just wondering whether 80% out of GBP is enough.

[alphorn] 17/12/2018 13:44

7K - so we agree that the UK needs to be a global trading nation.

btw - Not the right person to mention that; I have a global perspective!

[alphorn] 17/12/2018 13:42

"FTA negotiations with other parts of the world"

A serious question Pendragon - just how long realistically do you think that would take to approval by the parties concerned?

………;……̷0;……R30;in the meantime???

[7kiwi] 17/12/2018 13:38

Alp,

An economy such as ours needs to be a global trading nation.

Getting out of the Customs Union was my main reason for voting to Leave.

But it remains true that most of our economy is domestic.

You simply need to get a sense of perspective. Some disruption at Dover/Calais is a problem, yes. But it's not fatal. Indeed, we seem to cope fine when the French have their periodic strikes.

[aleman] 17/12/2018 12:35

Has the credit crunch started? US high yield corporate bond market freezes up.



This is what you get when you raise rates so much that the yield curve flattens. It looks like the Fed's done it again.

[grannyboy] 17/12/2018 11:56

YES OF COURSE WE LEAVERS KNEW WHAT WE WERE VOTING FOR....IT'S YOU THICK SYCOPHANTIC REMAINERS THAT CAN'T SEE BEYOND THE GANGSTERS CLUB AND FEAR THE THOUGHT OF INDEPENCE...

THANKFULLY 17.4 MILLION WAS BRAVE AND COURAGEOUS ENOUGH TO HAVE SEEN OVER THE YEARS WHERE WE WAS BEEN TAKEN BY OUR COMPLICENT TREACHEROUS LEADERS!!!!!