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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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