Tim Drayton wrote:Robin Hood wrote:
But you were very quick, along with others, to blame the fall in the value of the pound on Brexit.
Of course anybody who talks about a 'post-Brexit fall in the value of the pound' or, indeed, a 'post-Brexit' anything is talking nonsense because it hasn't happened yet. When did I, or anybody else, ever say such a thing? Sterling fell in response to the referendum result in which there was a narrow majority in favour of leaving the EU. Financial markets are moved by expectations about the future far more than past events, and the currency markets duly priced in the liklihood that the UK was heading for economic disaster when the fatal day came. The reason, in my view, that the markets have since perked up a bit is because it is looking more likely that the UK will never actually leave the EU and they are now pricing in this positive (in terms of market sentiment) news. Consumer spending is a different matter, and is not really related to expectations about the future. Employment levels are currently high in the UK, so people have money in their pockets, and they are spending some of it. Does this serve as any kind of indicator that if the UK leaves the EU there won't be a severe slump? No. For any publication to describe anything happening at the moment as 'post-Brexit' when the UK has not yet left the EU can scarcely call itself a newspaper in my eyes. Anybody who has to resort to quoting such garbage must be desperate.
Just to clarify, could you specify what you mean by 'MSM', a term you appear to be fond of? Thanks.
I apologise if you did not know what MSM refers to, I thought it was commonly known as being .....
Main Stream Media. The handful of news outlets run by huge corporations that have a monopoly of TV, Newspaper and popular news stories, that is widely available without having to go look for it.
They are often fed the by Reuters or Associated Press and a few other news agencies, who collect from '
sources' around the world and the MSM then runs with the story with there angle added. If that is the only source you use to collect information on anything ..... from Syria to Gaza ....... from Finance to Politics ..... you will only ever read one side of the story. If the MSM prints a load of rubbish, which the independents show to be so a few days later, the Media never apologies for their errors or reprints the article with corrections, but to the mindless hoards that use that as there single source .... it is set in stone for ever. Anything that then gives an alternative and detailed story that refutes the original MSM version gets shouted down ........... as you often do!
You should also look at independent news outlets that are run as non-profit organisations and are not part of the MSM. Often run as one-man-bands and are used to carry the same news story. These are very frequently well know journalists who do not/will not fall into line and follow the MSM's editorial guide lines as their detailed stories often clash with their editorial policies. The articles provide many links to there sources from Govt. papers to UN Reports.
Post Brexit I think you will find, or though incorrect in terminology, refers to after the vote for a Brexit. As I pointed out and you have repeated, there is no
'Post-Brexit' yet, it's all speculation ..... so everything else you have said above is just that, speculation because it can only be your opinion. Just your views as to what YOU think ..... and I note you don't link to any credible source either. If you do not look at other sources for information and make your own assessment of the credibility of an argument and the degree of probability of it being 'true' .........you will never know the full story.