Brexit, the economy and house prices part 5

Herzlos

Do you think I called you a rodent? Are you actually Nigel Farage or just feeling guilty about something?


I'm well aware you think Brexit is good for you, and as far as you're concerned no-one else matters, which is fair enough. At least you're honest enough about it. It's better than pretending there's some sort of noble goal behind it.


Brexit will make me worse off. But it'll make me less worse off than most, so I guess I'll do better out of it too. But I'm well aware that it'll screw a lot of people over pretty badly.

sevenhills

HPC_Ghuol_Hunter wrote: »

More gud Brexit news to wake up to. Car industry in free fall.

https://www.telegraph.co.uk/business/2018/06/26/car-industry-investment-crashes-half-brexit-uncertainty/

The Tories have messed up the benefit system so much that people will be petrified if they are not working, I am sure we will allow the cheap labour used by farmers to come into the country, just like we have for the NHS, so unemployment will remain low.

Malthusian

I like how Farage has morphed from a clueless puce-faced pint-slurping nitwit to a collosus of the financial industry whose merest word can move the markets all by itself. Within the nanosecond it took Remainers to form the idea that he could be prosecuted for insider trading because he thought (like most Leavers) that Leave had lost.

Farage has suddenly become the King C'nut of Brexit, only it's his enemies who believe he can control the tides, rather than his friends. (No sniggering at the back.)

Ballard

Malthusian wrote: »

I like how Farage has morphed from a clueless puce-faced pint-slurping nitwit to a collosus of the financial industry whose merest word can move the markets all by itself. Within the nanosecond it took Remainers to form the idea that he could be prosecuted for insider trading because he thought (like most Leavers) that Leave had lost.

Farage has suddenly become the King C'nut of Brexit, only it's his enemies who believe he can control the tides, rather than his friends. (No sniggering at the back.)

If the leader of a party which had one policy announces to the world that they have failed, knowing this to be incorrect, then it really doesn’t take a genius to make money.

Farage fanboys really can’t see through him.

StevieJ

HPC_Ghuol_Hunter wrote: »

More gud Brexit news to wake up to. Car industry in free fall.

https://www.telegraph.co.uk/business/2018/06/26/car-industry-investment-crashes-half-brexit-uncertainty/

Wow, The Telegraph, must be bad.

Malthusian

Given that Farage is a financial titan whose merest utterance makes Threadneedle Street shake to its very foundations, even Remainers now have to admit that Leave was the only realistic option.

If Remain had won, the benefits of staying in the EU would have been insignificant, because Farage would have gone on TV and said that the UK was doomed now that we were committed to joining the Eurozone, underwriting the Italian and Greek economies indefinitely and accepting an unlimited influx of migrants from anywhere in the world that could find a weakness anywhere in the EU border. Whether the UK actually was doomed is irrelevant, as the Remainers have established that Farage only has to open his mouth to influence the financial markets, regardless of the truth or falsity of what comes out.

If Britain had voted Remain then Farage would have pronounced doom upon us, the stockmarket would collapse, confidence would collapse, investors would flee, unemployment would rocket, the Government would have been forced to call an Emergency Budget with real swingeing cuts to government services and 4p added to income tax, and the UK would have entered permanent recession.

All hail Farage, Father of Nations, Maker of Markets, Bringer of Storms. Quake before his Puce Puissance.

Herzlos

Farage certainly isn't an idiot; he's a very careful manipulator. He's a serial liar though and his only goal seems to be personal enrichment/fame. Even at that, it doesn't take Machiaveli to come up with the "Leave has won, say it hasn't so we can hedge the market" scheme.


That was the pinacle of his influence - he as the televised figurehead of the leave campaign, had a unique opportunity to distort the market in the small window between him finding out leave was winning and it being public knowledge.


So it's not that people listen to what he says all of the time - it's mostly populist garbage.

Ballard

Malthusian wrote: »

Given that Farage is a financial titan whose merest utterance makes Threadneedle Street shake to its very foundations, even Remainers now have to admit that Leave was the only realistic option.

If Remain had won, the benefits of staying in the EU would have been insignificant, because Farage would have gone on TV and said that the UK was doomed now that we were committed to joining the Eurozone, underwriting the Italian and Greek economies indefinitely and accepting an unlimited influx of migrants from anywhere in the world that could find a weakness anywhere in the EU border. Whether the UK actually was doomed is irrelevant, as the Remainers have established that Farage only has to open his mouth to influence the financial markets, regardless of the truth or falsity of what comes out.

If Britain had voted Remain then Farage would have pronounced doom upon us, the stockmarket would collapse, confidence would collapse, investors would flee, unemployment would rocket, the Government would have been forced to call an Emergency Budget with real swingeing cuts to government services and 4p added to income tax, and the UK would have entered permanent recession.

All hail Farage, Father of Nations, Maker of Markets, Bringer of Storms. Quake before his Puce Puissance.

I don’t know quite how you’ve arrived at any of this nonsense. It’s generally better not to drift into childish hyperbole if you want to make a valid point and be taken seriously but it is your choice, of course.

Graham_Devon

Ballard wrote: »

It’s generally better not to drift into childish hyperbole if you want to make a valid point and be taken seriously but it is your choice, of course.

Something we can agree on.

Ballard wrote: »

Farage fanboys really can’t see through him.

D'oh!

Graham_Devon

phillw wrote: »

Was that a lie? He said we'd need an emergency budget, delaying that just to prove him wrong has been pretty horrendous for the economy.

Who has delayed it? Who was trying to prove him wrong? His own party?

There was never going to be an emergency budget. Even his aides stated so once he stepped down.

It was a lie.

Making a story up about someone delaying him to prove someone somewhere wrong is a bit fanciful.

How has the economy been horrendous? I mean seriously - if this is horrendous, I'd hate to see slightly poor.