Cyprus-Forum.com

[miltiades]

If I was you mate I would stick a sock in my mouth and keep schdoumb !!
Did you say you ...fly planes ?

[cyprusgrump]

Perhaps YOU know something I don't, is there another reason other than Brexit that has driven Sterling down so much ?
Could it be that the financial world is steadfastly against Brexit?
Which ever way you interpret Sterling's fall the end result is that as a result of Brexit.the pound is losing against the Euro, the US dollar and all other currencies.
I hope you took my advice yesterday and changed your pounds to Euros .

As I've mentioned before.... We've been over this many, many times in the past three years...

Many economists thing the Pound was over valued at the time...

The Market hates uncertainty (you should know that)...

And of course the exchange rate with the €uro isn't the only measure of monetary and fiscal policy...

The FTSE is up, which affects among other things my pension, exports are up, etc.

We need to end uncertainty and another referendum certainly won't to that. Deliver Brexit and see where the exchange rate is then...

The chancellor doesn't run the economy by measuring how much Keo the Pound buys...

[erolz66]

have a referendum to find out our care factor!

That you an ideologue with nothing personally to lose, with no skin in the game, do not care about the effects of the ideologies you push have on others is hardly surprising.

And when I say care factor, I mean about the short term fluctuations of one of the greatest currencies on the planet which was created by 3 years of uncertainty more than anything.

Within minutes of the referendum result being announced, sterling dropped around 15 to 20% and continued in that range for three years. This was the market making their best guess as to what the effects of having voted to leave would mean for the UK economy over all. Now that Johnson has reduced uncertainty by becoming PM and pursuing a 'do or die' no deal exit strategy, sterling is on the slide again as the markets make their best guess based on that reduction in uncertainty as to what the impact of a no deal exit will be.

[erolz66]

It is funny, if a Brexiteer points out anything, anything at all good in the country or economy Remainers shout, "BUT WE HAVEN'T LEFT YET!!!"

And yet at the same time they hold the notion that anything they consider to be bad is, "BECAUSE OF BREXIT!!!"

Yeah an no leave supporter any where has ever done the same in reverse. If you live in fantasy land that is.

[Paphitis]

If I was you mate I would stick a sock in my mouth and keep schdoumb !!
Did you say you ...fly planes ?

Yep I fly planes.

You can thank your lucky stars that there are captains like myself who are not defeatist dweebs and have a positive self belief in themselves and their country. Can you imagine the alternative?

[erolz66]

So therefore, if Australia is to have a referendum to become a Republic, 150 MPs in Australia's Federal Parliament and 75 Senators have the moral duty to overturn it and prevent it from happening at all because the type of referendum was not discussed?

If Australia had a referendum to become a republic and there were multiple ways of implementing such a decision and there was disagreement as to which way should be followed, then deciding on which of those various ways, should also be subject to what the majority of the people want. That is my argument. Your 'argument' is that in the event of their being different opinions and views as to how to implement becoming a republic, this should not be settled by what the majority wants but that a minority government should simply be able to chose the way they prefer, even if that way does NOT have majority support in the population as to which way to do it and be able to block Parliament and the senators from representing.

I know which of us is the real democrat here.

[Paphitis]

have a referendum to find out our care factor!

That you an ideologue with nothing personally to lose, with no skin in the game, do not care about the effects of the ideologies you push have on others is hardly surprising.

And when I say care factor, I mean about the short term fluctuations of one of the greatest currencies on the planet which was created by 3 years of uncertainty more than anything.

Within minutes of the referendum result being announced, sterling dropped around 15 to 20% and continued in that range for three years. This was the market making their best guess as to what the effects of having voted to leave would mean for the UK economy over all. Now that Johnson has reduced uncertainty by becoming PM and pursuing a 'do or die' no deal exit strategy, sterling is on the slide again as the markets make their best guess based on that reduction in uncertainty as to what the impact of a no deal exit will be.

No one has any skin to lose.

In fact I am so upbeat, I believe there is a lot to gain. I am a very positive person and actually believe in Britain.

I don't care about market fluctuations in currency which will ALWAYS recover over time. There is something far greater at stake here.

[Paphitis]

So therefore, if Australia is to have a referendum to become a Republic, 150 MPs in Australia's Federal Parliament and 75 Senators have the moral duty to overturn it and prevent it from happening at all because the type of referendum was not discussed?

If Australia had a referendum to become a republic and there were multiple ways of implementing such a decision and there was disagreement as to which way should be followed, then deciding on which of those various ways, should also be subject to what the majority of the people want. That is my argument. Your 'argument' is that in the event of their being different opinions and views as to how to implement becoming a republic, this should not be settled by what the majority wants but that a minority government should simply be able to chose the way they prefer, even if that way does NOT have majority support in the population as to which way to do it and be able to block Parliament and the senators from representing.

I know which of us is the real democrat here.

Well it looks like under that model Australia would never become a Republic EVER.

I do not share that notion. The people in Australia were asked a simple question as to whether Australia should become a Republic and the Monarchists won it so we all accepted that.

Britons wre also asked a simple question about whether or not to remain or leave the EU and voted to leave and you are not respecting this mandate.

Unfortunately for you though, you are pissing into wind.

[erolz66]

Many economists thing the Pound was over valued at the time...

But by definition the market did not.

The Market hates uncertainty (you should know that)...

Johnson taking power and pursuing Brexit the way he is represents a REDUCTION in uncertainty , yet the pound is still sliding. Again I am prepared to put my money where my mouth is. I would take an evens bet that in the event of us leaving with a no deal exit on 31st October, one sterling will either already be worth less than 1 euro or will drop to such within 24 hours. Would you take such a bet ?

[miltiades]

Hey stupid, what a preposterous analogy.
Australia rejecting or not the monarchy would not make the slightest difference to it's economy. !! Are you as stupid as you come across, by they way you are telling us that you fly planes, well mate as a ...rocket scientist my self I would hate to find my self on a plane with you as the pilot.