stockmarkets -are we nearing the bottom or is there further to go ??

dividendhero

MK62 wrote: »

The problem with a 2nd referendum is that it too would be fought with half truths, misinformation and lies, from both sides, just like the first one.
The reality is that we will never really know exactly what we are voting for as nobody knows what the final arrangements would be.......even now, all the draft agreement does is outline the terms, cost and mechanisms for the UK's withdrawal, coupled with a vague declaration on the future relationship.....no detail and nothing concrete either way.

True to an extent, but many of the lies have been found out - the £350m a week to the NHS being a prime example.

Also I'd expect people with more credibility would now be involved. A debate between Alan Sugar (Remain) and Tim Dyson (Leave) would be much better than the guff we saw last time like Boris Johnson vs Sadiq Khan

masonic

sevenhills wrote: »

I am very surprised that a poster using these forums, (I assume you have or had shares) would think leaving without a deal would be acceptable.

I'm pretty heavily invested and doubt crashing out of the EU would have much of a detrimental outcome on my investments. I don't have very much investment exposure to the UK, and the exposure I do have is in companies that would not be significantly impacted by what happens here. In fact it could be a great buying opportunity when the dust settles.

But I would prefer a better outcome.

talexuser

Thrugelmir wrote: »

Too easy to simply walk away because the going gets tough.

Isn't that exactly what David davis did? I remember clearly him saying in the referendum campaign that as soon as we said we'd leave the German car industry would be on the phone to Merkel telling her to make a deal and that could be wrapped up in one afternoon!

also
'Getting out of the EU can be quick and easy – the UK holds most of the cards.' John Redwood, July 2016

'If we Vote Leave we will be able to stop handing over so much money to the EU and we would be able to spend our money on priorities here in the UK like abolishing prescription charges”. Gisela Stuart, April 2016

“Without our EU budget contributions, we could give everyone a 60 per cent council tax cut.” Daniel Hannan, September 2015

but maybe the best of all:

“Not partial membership of the European Union, associate membership of the European Union, or anything that leaves us half-in, half-out.' Theresa May, Jan 2017 :rotfl:

Thrugelmir

Voyager2002 wrote: »

Britain created world-leading industries with their entire supply chains lying within the country: but the world changed, and those businesses could not compete with the greater efficiency of global corporations, and eventually failed. Remember the mills of Lancashire?

Cotton was imported.

At the time the UK led the world in industralisation.

Just as the Chinese are doing now. Understand the technology and do it better.

Life is cyclical.

Thrugelmir

talexuser wrote: »

Isn't that exactly what David davis did?

Who knows. Await his memoirs.

dividendhero

Thrugelmir wrote: »

Cotton was imported.

At the time the UK led the world in industralisation.

Just as the Chinese are doing now. Understand the technology and do it better.

Life is cyclical.

Quite so and up until around 1910 there was complete freedom of movement worldwide, not even a passport required - you could pretty much pitch up and settle anywhere you fancied

MK62

sevenhills wrote: »

I am very surprised that a poster using these forums, (I assume you have or had shares) would think leaving without a deal would be acceptable.

Well, that could depend on how bad you think WTO terms would be for shares.....personally I don't buy the Armageddon scenario at all......they said that if we voted to leave, the stock market would crash and we'd be in recession....didn't happen. The pound dropped around 10%, which probably gave most of the posters on here a bit of a portfolio boost if anything....assuming they have a balanced global portfolio.

In any case, not everything in life is purely down to how it affects near term personal wealth.....

Thrugelmir

dividendhero wrote: »

True to an extent, but many of the lies have been found out - the £350m a week to the NHS being a prime example.

Do you ever read party manifestos in full prior to voting at a General Election?

Thrugelmir

dividendhero wrote: »

Quite so and up until around 1910 there was complete freedom of movement worldwide, not even a passport required - you could pretty much pitch up and settle anywhere you fancied

I doubt those forced into slave labour or those who were exploited would agree with you. Britain's wealth didn't grow on a money tree.

justme111

Thrugelmir wrote: »

Do you ever read party manifestos in full prior to voting at a General Election?

That's why I don't vote - doing it properly would require inordinate time and effort ( let alone manifestos being forgotten while in power with an argument that the situation changed hence the actions planned need to change or that now they know the full extent of the problem they need to tackle it differently) and doing it on the basis of who comes across as more charming or who has the idea which suits me personally best does not feel right.