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Post by flean on Oct 16, 2017 13:16:55 GMT
OCS figures show UK is 490 billion quid worse off than thought. (don't really understand how they could be that far off tbh).
Guess the real financial hit will come second half of 2019.
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Post by essexyellows on Oct 16, 2017 20:50:42 GMT
OCS figures show UK is 490 billion quid worse off than thought. (don't really understand how they could be that far off tbh). Guess the real financial hit will come second half of 2019. "The Office for National Statistics (ONS) told The Telegraph its Blue Book revisions came after it was discovered Britons own fewer overseas shares than previously thought, and foreigners own more British assets." Yet the same article says said foreigners aren`t investing in the UK? Most people accept a country with a central bank can, almost, print money to "balance the books". The more extreme view is that money is gradually being replaced by "value data" and money never really existed in the first place!! Just a way of enslaving the populace....
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Post by flean on Oct 17, 2017 5:48:46 GMT
OCS figures show UK is 490 billion quid worse off than thought. (don't really understand how they could be that far off tbh). Guess the real financial hit will come second half of 2019. "The Office for National Statistics (ONS) told The Telegraph its Blue Book revisions came after it was discovered Britons own fewer overseas shares than previously thought, and foreigners own more British assets." Yet the same article says said foreigners aren`t investing in the UK? Most people accept a country with a central bank can, almost, print money to "balance the books". The more extreme view is that money is gradually being replaced by "value data" and money never really existed in the first place!! Just a way of enslaving the populace.... I'd love that to be true, but tell that to the increasing number of people having to use food banks. So the solution in 18 or so months is just to print more money? Ah Brexit.
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Post by juniper on Oct 17, 2017 10:36:50 GMT
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Post by bashamwonderland on Oct 17, 2017 12:29:44 GMT
OCS figures show UK is 490 billion quid worse off than thought. (don't really understand how they could be that far off tbh). Guess the real financial hit will come second half of 2019. www.newstatesman.com/politics/economy/2017/10/uk-really-missing-billions-after-brexit-voteSome additional info re that story. Seems it was an accounting error. Some of the same people who won't stop talking about the £350m per week will unironically be blaming this £490bn on Brexit. You keep pushing the goalposts of financial doom further and further away!! Now we have to wait until late 2019!!
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Post by flean on Oct 17, 2017 12:31:59 GMT
OCS figures show UK is 490 billion quid worse off than thought. (don't really understand how they could be that far off tbh). Guess the real financial hit will come second half of 2019. www.newstatesman.com/politics/economy/2017/10/uk-really-missing-billions-after-brexit-voteSome additional info re that story. Seems it was an accounting error. Some of the same people who won't stop talking about the £350m per week will unironically be blaming this £490bn on Brexit. You keep pushing the goalposts of financial doom further and further away!! Now we have to wait until late 2019!! Are you happy with the way the British economy is at the moment then Bash?
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Post by bashamwonderland on Oct 17, 2017 12:40:51 GMT
Are you happy with the way the British economy is at the moment then Bash? I'm not. But I haven't been since I was able to understand it (as far as a non-financier can understand the economy). Still can't afford a mortgage, still couldn't afford a kid if I wanted one, still in lots of education-related debt, still can't grow my savings in a non-investment style. Not saying Brexit will make it better, but the state of most young people 3 years ago was at least as dire as it is today.
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Post by flean on Oct 17, 2017 15:02:45 GMT
Are you happy with the way the British economy is at the moment then Bash? I'm not. But I haven't been since I was able to understand it (as far as a non-financier can understand the economy). Still can't afford a mortgage, still couldn't afford a kid if I wanted one, still in lots of education-related debt, still can't grow my savings in a non-investment style. Not saying Brexit will make it better, but the state of most young people 3 years ago was at least as dire as it is today. Agree with you. It's a lot more difficult for us to get on, while the bankers of the world get even more wealth. Something has to change.
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Post by essexyellows on Oct 17, 2017 15:56:40 GMT
"The Office for National Statistics (ONS) told The Telegraph its Blue Book revisions came after it was discovered Britons own fewer overseas shares than previously thought, and foreigners own more British assets." Yet the same article says said foreigners aren`t investing in the UK? Most people accept a country with a central bank can, almost, print money to "balance the books". The more extreme view is that money is gradually being replaced by "value data" and money never really existed in the first place!! Just a way of enslaving the populace.... I'd love that to be true, but tell that to the increasing number of people having to use food banks. So the solution in 18 or so months is just to print more money? Ah Brexit. Even the Trussel Trust can`t say if more people are using foodbanks A: Because they are more accessible or if B: A core client base are using them more. There are increased transactions but maybe, just maybe these very people used to slip through the net and have to resort to begging,stealing or borrowing? Any improvement in a facility will lead to increased usage...... at work we used to have long traffic queues for car parks, we built a 650 space multi-story...fixed the problem for about 6 months, then all the folk who used to get the bus or park elsewhere changed their behaviour.....queues are back.
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Post by helsinkiyellow on Oct 17, 2017 18:41:52 GMT
Are you happy with the way the British economy is at the moment then Bash? Still can't afford a mortgage, still couldn't afford a kid if I wanted one, still in lots of education-related debt, still can't grow my savings in a non-investment style. Yet you still keep voting the Tory cunts in, don't ya snowflake?
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Post by bashamwonderland on Oct 17, 2017 18:45:52 GMT
Still can't afford a mortgage, still couldn't afford a kid if I wanted one, still in lots of education-related debt, still can't grow my savings in a non-investment style. Yet you still keep voting the Tory cunts in, don't ya snowflake? Yeah it was all so much better under Labour hahahaha!
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Post by KLYellow on Oct 18, 2017 2:19:15 GMT
Are you happy with the way the British economy is at the moment then Bash? I'm not. But I haven't been since I was able to understand it (as far as a non-financier can understand the economy). Still can't afford a mortgage, still couldn't afford a kid if I wanted one, still in lots of education-related debt, still can't grow my savings in a non-investment style. Not saying Brexit will make it better, but the state of most young people 3 years ago was at least as dire as it is today. My view is it hasn't changed much in 30 years. When I finished college in Southampton, I lived in Bournemouth, Oxford and Leicester. With my student loan, taxes, rent, etc unless you earned 25-30,000 you couldn't even save money, certainly in Oxford or Bournemouth. I didn't buy my first home until I was 30. Unless you want to move to a "more affordable" location and/or have family to help you get on the property ladder, you will struggle until your mid 30's. Sent from my XIAOMI NOTE PRO using telepathy
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Post by helsinkiyellow on Oct 18, 2017 5:31:04 GMT
Yet you still keep voting the Tory cunts in, don't ya snowflake? Yeah it was all so much better under Labour hahahaha! Well, after a decade since graduating under nu-Labour, I've almost paid back my student loan. I also was able to get on the property ladder. Not sure if I could say the same if I was 10 years younger! But yeah, Blair's Tory-Light government was just the other side of the same neo-liberal coin. Take a look at our Northern neighbours: Nordics, Holland, Germany, Switzerland. Various sizes with a range of relationships with the EU but similar-ish culturally and GDP per head. In other words, useful benchmarks to compare against. Biggest difference vs UK is that they haven't become slaves to the markets, slashing taxes, government ownership of state assets & union influences. They never had a Thatcher! Result: Happier, more equal societies. Free university education. More efficiant transport infra. Better healthcare and childcare systems. More productive workforces. You'd be better off there Bash but keep voting for the same old and complain about your lot instead!
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Post by flean on Oct 18, 2017 5:55:35 GMT
Yeah it was all so much better under Labour hahahaha! Well, after a decade since graduating under nu-Labour, I've almost paid back my student loan. I also was able to get on the property ladder. Not sure if I could say the same if I was 10 years younger! But yeah, Blair's Tory-Light government was just the other side of the same neo-liberal coin. Take a look at our Northern neighbours: Nordics, Holland, Germany, Switzerland. Various sizes with a range of relationships with the EU but similar-ish culturally and GDP per head. In other words, useful benchmarks to compare against. Biggest difference vs UK is that they haven't become slaves to the markets, slashing taxes, government ownership of state assets & union influences. They never had a Thatcher! Result: Happier, more equal societies. Free university education. More efficiant transport infra. Better healthcare and childcare systems. More productive workforces. You'd be better off there Bash but keep voting for the same old and complain about your lot instead! There's also not the insane desperation to own property in Germany.
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Post by bashamwonderland on Oct 19, 2017 17:44:45 GMT
Well, after a decade since graduating under nu-Labour, I've almost paid back my student loan. I also was able to get on the property ladder. Not sure if I could say the same if I was 10 years younger! But yeah, Blair's Tory-Light government was just the other side of the same neo-liberal coin. Take a look at our Northern neighbours: Nordics, Holland, Germany, Switzerland. Various sizes with a range of relationships with the EU but similar-ish culturally and GDP per head. In other words, useful benchmarks to compare against. Biggest difference vs UK is that they haven't become slaves to the markets, slashing taxes, government ownership of state assets & union influences. They never had a Thatcher! Result: Happier, more equal societies. Free university education. More efficiant transport infra. Better healthcare and childcare systems. More productive workforces. You'd be better off there Bash but keep voting for the same old and complain about your lot instead! There's also not the insane desperation to own property in Germany. Why is it insane to want to own land? It's about the most sensible financial decision a person can make, surely?
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Post by Paul Cannell on Oct 19, 2017 17:50:24 GMT
In the short term, buying food is better.
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Post by flean on Oct 19, 2017 21:28:55 GMT
There's also not the insane desperation to own property in Germany. Why is it insane to want to own land? It's about the most sensible financial decision a person can make, surely? If you see the goal in life as borrowing money to own land then yep, I guess you're right.
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Post by helsinkiyellow on Oct 20, 2017 13:03:16 GMT
There's also not the insane desperation to own property in Germany. Why is it insane to want to own land? It's about the most sensible financial decision a person can make, surely? Nothing wrong with aspiring to own property IMO. I do object to global investors speculating on off-plan buildings without locals getting a look-in; the financial sector offering credit which is many multiples of people's earnings; lack of taxation on owners of multiple dwellings; the lack of public sector owned new builds - all of which have contributed to driving up property prices and can be attributed to rampant neoliberalism . A lack of rent controls & long-term rental agreements to protect those that can't/don't wish to buy is also a political failure.
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Post by peterdev on Oct 20, 2017 20:51:35 GMT
Owning property is the sensible way to invest if you can afford it. It is difficult to get on to the housing ladder. I was 27 when I owned a two bed terrace, and needed a mortgage of £20000....these days the same property would need a mortgage of around £150000. Once on the property ladder it usually gets easier. It's all about timing and few of us will ever get it right
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Post by flean on Oct 21, 2017 8:43:08 GMT
Owning property is the sensible way to invest if you can afford it. It is difficult to get on to the housing ladder. I was 27 when I owned a two bed terrace, and needed a mortgage of £20000....these days the same property would need a mortgage of around £150000. Once on the property ladder it usually gets easier. It's all about timing and few of us will ever get it right Pete, you were a big Brexit believer (can remember you were a UKIP fan for a long time. Has anything changed for you since the referendum? Still think we should go out of the single market / customs union?
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Post by bashamwonderland on Oct 21, 2017 14:08:22 GMT
Why is it insane to want to own land? It's about the most sensible financial decision a person can make, surely? If you see the goal in life as borrowing money to own land then yep, I guess you're right. Most people successfully pay their mortgage??
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Post by peterdev on Oct 21, 2017 14:46:25 GMT
I'd be happy to leave with no deal. I'm sure it won't come to that. We voted out so that should mean out . So many remainders think we should cling on to the EU with our fingertips
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Post by flean on Oct 22, 2017 9:49:52 GMT
I'd be happy to leave with no deal. I'm sure it won't come to that. We voted out so that should mean out . So many remainders think we should cling on to the EU with our fingertips No Deal would be a disaster for pretty much everyone (EU countries too). Hard to comprehend how someone can be happy with that.
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Post by peterdev on Oct 22, 2017 12:29:31 GMT
Why would it be disastrous? Everyone in EUrope including us want to do deals but I would like to do deals without the EU wanting to do them for us. I was one of the leavers who wanted better accountability and democracy. When were the EU accounts last signed off? How much say do we really have in the running of the EU? This project started off with the idea that we could have economies of scale and shared ideas....what it has become is a huge bureaucracy with division all over Europe. Spain, Hungary and Greece in chaos. Unemployment amongst Spain's young was around 25%, Hungary building barbed wire borders between adjoining countries. I think the long term project for the EU is likely to fail. I'd like to know where all these figures for our exit come from...some say £50billion and others say £100billion. The EU will doubtless suffer with our exit and I'm sure the nice men in Brussels will want to punish us for having the audacity to vote out. Wasn't it Juncker who said...thanks for your help with the war, now pay up.....plenty of people over here will be wondering why they bothered in the first place
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Post by flean on Oct 22, 2017 16:27:47 GMT
Why would it be disastrous? Everyone in EUrope including us want to do deals but I would like to do deals without the EU wanting to do them for us. I was one of the leavers who wanted better accountability and democracy. When were the EU accounts last signed off? How much say do we really have in the running of the EU? This project started off with the idea that we could have economies of scale and shared ideas....what it has become is a huge bureaucracy with division all over Europe. Spain, Hungary and Greece in chaos. Unemployment amongst Spain's young was around 25%, Hungary building barbed wire borders between adjoining countries. I think the long term project for the EU is likely to fail. I'd like to know where all these figures for our exit come from...some say £50billion and others say £100billion. The EU will doubtless suffer with our exit and I'm sure the nice men in Brussels will want to punish us for having the audacity to vote out. Wasn't it Juncker who said...thanks for your help with the war, now pay up.....plenty of people over here will be wondering why they bothered in the first place www.bbc.com/news/uk-politics-eu-referendum-36276175fullfact.org/europe/eu-facts-behind-claims-uk-influence/Might be good to do some research before making the same falsified claims over and over again. As for it being a disaster... Noone will win. EU countries will lose (especially Germany) but I think that's nowt compared to the impact on the UK if it reverts to the wto. The 'divorce bill' - agree it's not transparent at all. Both sides need to announce what they want and what they will accept and then negotiate it from there.
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Post by peterdev on Oct 22, 2017 21:10:02 GMT
The BBC is saying that we are all mistaken then. I don't believe for one moment that they have been signed off. We will be better off making our own decisions in future rather than being told what to do
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Post by flean on Oct 22, 2017 21:51:47 GMT
The BBC is saying that we are all mistaken then. I don't believe for one moment that they have been signed off. We will be better off making our own decisions in future rather than being told what to do Nope. The Beeb (and other fact checking sites just give the factual truth. When you say "we all", do you mean that the whole population of the UK believes the same as you, even after being proved to be wrong?
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Post by helsinkiyellow on Oct 23, 2017 3:24:23 GMT
The BBC is saying that we are all mistaken then. I don't believe for one moment that they have been signed off. This is what we are dealing with here! Despite given strong evidence to the countary, the swivel-eyed extreme Brexiteer will just bat it off as nonesense. Simply incapable of any critical thinking or self-reflection. No thought to the mere possibility that the provider of their information (The Sun, Daily Mail) could be biased and subsequently their opinion may not be 100% accurate.
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Post by flean on Oct 23, 2017 6:06:46 GMT
The BBC is saying that we are all mistaken then. I don't believe for one moment that they have been signed off. This is what we are dealing with here! Despite given strong evidence to the countary, the swivel-eyed extreme Brexiteer will just bat it off as nonesense. Simply incapable of any critical thinking or self-reflection. No thought to the mere possibility that the provider of their information (The Sun, Daily Mail) could be biased and subsequently their opinion may not be 100% accurate. It's the arrogance that really gets my goat. "we" are all mistaken etc. His Daily Mail soundbites were corrected 18 months ago. He won't learn, but he seriously thinks "we" are all like him.
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Post by peterdev on Oct 23, 2017 16:31:47 GMT
Why is he Daily Mail saying the accounts are not signed off then....along with so many others....are they lying and are so many of us mistaken?
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