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Serious Debates & News Debate and discussion about political, moral, philosophical, celebrity and news topics. |
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#1 | ||
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Since the day before Brexit June 22nd the stock markets after 1 day fall in ftse 100 of 8%, the news said 8% fall was £120 bilion, but overall the 3 ftse's have gone up and up
Ftse100 increased by 420 Ftse 250 increased by 260 Ftse 350 increased by 530 so if 15 billion is 1% ftse 100 6793 (6373) 6,6% = £98 billion ftse250 17460 (17200) 1.5% = £22.5 billion ftse 3750 (3220) 16.45% = £246 billion According to the calculations of the news therefore we should be worth £366 billion richer! The gdp up to june 22nd was up, the unemployment was down to 4.8% and the steel works have effectively been saved by devaluing the pound? Yet NONE of this is mentioned in the mainstream news, where all we hear from them and ex goldman sachs man, mark carney, the the governor of the bank of england, is talking the economy down and more quantitative easing to encourage the banks to lend? umm printing money creates inflation and makes us all poorer? the banks havent loaned money for 8 years and no one saves with them either? They use an absurd credit scoring system which prevents prudent people getting loans. The powers that be at the top always say dont talk down the economy yet thats all theyre dooing? So whats their real game? Since this post the total rise is 1660 points for the 3 ftse's in total since June 22nd That equates to around £500 billion? an astonishing rise in wealth of our top companies? as yet unreported by mainstream news? Last edited by the truth; 11-08-2016 at 03:00 PM. |
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Oh cool so I'll expect my £5000 cheque in the post any day now?
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We've just shelled out nearly £400 on new wheel bearings, and also we need a new cooker. This money really has come at the best possible time.
Last edited by user104658; 05-08-2016 at 10:36 PM. |
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#7 | |||
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"So whats their real game?"
Keep The Money Flowing The Cogs are Turning. RBS BANK should have been closed down , though |
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#8 | ||
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Senior Member
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Except the UK hasn't left the EU yet. Oops.
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#10 | |||
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Likes cars that go boom
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Britain is for sale... any money we have is due to the sale of the century, not any recovery.
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#11 | |||
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And THIS is 'SERIOUS DEBATES'
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"Everyone is entitled to their own opinions, but they are not entitled to their own facts". Daniel Patrick Moynihan (1927-2003) .................................................. .. Press The Spoiler Button to See All My Songs Spoiler: |
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I know Kirk! Stop posting such nonsensical threads, Mr Truth, you're upsetting Kirkles.
![]() Last edited by user104658; 06-08-2016 at 09:01 PM. |
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#14 | ||
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Senior Moment
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lol
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#15 | ||
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Good news! For better or worse the Brexit has happened and we should try to move on and make the most of the situation
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#17 | |||
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George & Alexis Warr!
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that is good news i guess
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#18 | ||
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the stock markets are way up, the unemployment rate is at record low, inflation is low, gdp up to brexit was better than expected...yet all we still get from the masters of the universe is fear, doom and gloom.....the masters of the universe have never been so scared...why? because we have seen through them,,,,they are emperors with no clothes,,,,the markets, the economies can run and be as effective as ever without most of these clowns perverting it for their own ends. this is why the world is always at war, the masters of the universe convince us we have to bomb a third world country, our poorest people go and fight and die...we dont look after them when theyre injured we give them a worthless medal....for what? to keep the power structure in place for the masters of the universe and to make them an absolute fortune...fck the power structure, fck the warmongers, fck the masters of the universe, wed be better off without them
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#19 | |||
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1.5x speed
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![]() The truth is Mr. Truth is that there is no such thing as "the" truth... all facts can be spun, all details can be twisted, presented a different way and put against other "relevant" facts that are actually misleading (and neglecting the bigger picture) in order to change the narrative and cater to the medium's agenda. This is why nobody should rely on the media to set the entire stage for their worldview. Many many groups of a variety of political affiliations work very very hard and spend lots of money and work with the media to mutually abuse details and apparent circumstances to suit their own benefit, to the dissatisfaction of actual facts to suit their agendas and influence their audience. For that reason, I say poo on the media... whatever *thumbs down*. Truth be told, economic markets aren't just affected by policy. There is such a thing as consumer confidence. I read the Brexit vote was somewhere in the realm of 70% of eligible voters that cast a ballot... this is actually good for the UK because this will include groups that buy stock or otherwise influence the health of the stock market. 70%+ voter turn out would be a dream here in the US.
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![]() Last edited by Maru; 09-08-2016 at 03:09 AM. |
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#20 | ||
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nice to meet you by the way maru...any good looking women over there lol |
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1.5x speed
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![]() I think globally we're getting used to the nature of current events as of late so market is going to not be reacting as heavily. This would be a good time to buy in for some
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![]() Last edited by Maru; 12-08-2016 at 07:10 PM. |
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#22 | |||
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All hail the Moyesiah
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The FTSE has held up remarkably well but its obvious that overall the economy has been hit by Brexit. The pound is at its lowest level since the crash, interest rates have had to be cut, growth forecasts have been downgraded and the BoE has said that there are signs that there is a shock setting into our economy.
It might be true that we have not suffered as much as many feared (yet) but its obviously nonsense to say that the EU vote has helped the economy |
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#23 | ||
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User banned
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#24 | ||
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Remembering Kerry
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A lot of those voting believed, on both sides, that article 50 would be triggered quickly, now it is clear it will not be until 2017 at the earliest,if even then. |
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#25 | |||
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Just as well..hubby and I are going on a spending sprees to end all spendings sprees.
Couldn't come at a better time for us...interest on savings not too good so spend the beggar i say, in the interest of the country of course. ![]() Last edited by smudgie; 07-08-2016 at 09:51 PM. |
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