Cyprus-Forum.com

[Kikapu]

Only 80 days to go till INDEPENDENCE DAY.

I hope Britain turn the 1st of November into a National Bank Holiday.

Or National Bankrupt Holiday!

Got to admit you guys know how to run a good fear campaign.

I think you will ALL be proven wrong in due course. Once people accept reality and move forward, Britain can show exactly what it's made of.

In all honesty Kikapu, you still have an EU passport through Cyprus till we too get our independence down the track!

It is not about me, Paphitis. I have very little to lose or gain whichever way Brexit goes. My money is in USDs or the CHFs. I have few £s in the UK for some spending money when I am visiting there. The point is, you don't fix something that isn't broken, but the Brits are willing to go against age old wisdom and gamble the country's future with Brexit for no other reason than to control immigration from member EU countries. It it was about the economy being bad being an EU member, that I can understand some. The reason EU citizens are coming to the UK for work, it is because the economy is good and workers are needed. So where is the problem? If the economy stays strong after Brexit and workers are needed, what will happen then, deny entry to the EU citizens and let in those from Asia and Africa instead, because perhaps they will be cheaper to employ? Is it not the case of "6 of one or half dozen of the other"?

[Lordo]

it started with taking control and now they have changed it to taking control from parliament. i am certain they are using erdogan as a teacher. if you want to look at polls the best were done just recently with the whole public in two condtituencies with over 120,000 voters and their decision is the most accurate. you can have wet dreams about suspending parliament but that only happens to tory mps who wear suspenders and we all know what happened to the milligan boy. fancy that the daily torygraph poll is taking dominic raab's idea.

why are breixteer so fearful of a another vote or a general election before 31st of october. simples, becasue you know you are going to fakin lose otherwise you would not oppose it.

either way the government is about to lose its majority. it has been running around like a headless chicken for some time, it will be finally dunked in the hot water and be plucked.

bolton lets the cat out of the bag today. usa is ready to do a deal sector by sector, something offered to them by the eu which they refused. what they are after is our nhs and support of their lunatic ideas about controling other countries, not a chance.

[cyprusgrump]

Says it all really...

[Robin Hood]

Kikapu: Your words ...............

............ the catalyst to their (the currency speculators) ability to make money on the demise of the £ ......... is Brexit.

Well done K you have described the reason for Sterling’s drop in value over the last three years admirably! So what is a Catalyst? Literal meaning ……

A catalyst is a substance that speeds up a chemical reaction, but is not consumed by the reaction; hence a catalyst can be recovered chemically unchanged at the end of the reaction it has been used to speed up, or catalyze.

OK …. That’s the chemical description ….. transpose that and relate it to brexit.

The catalyst is Brexit. It speeds up currency market reactions (Which are by nature speculative) but Brexit is not affected by the reaction and remains unchanged. At the end of the currency markets reactions (When reality kicks in) nothing has changed but their speculative reaction to it has done damage to the currency …….. not Brexit. The connotation 'Brexit', has been used (as a catalyst) to accelerate the speculative reactions of the currency market.

Absolutely true, that is what you have said in context …….. as you say the catalyst for the currency markets speculation was Brexit which itself did not change. So they used Brexit as the excuse to speculate, driven by doom-and-gloom predictions!

The status of Brexit itself , which is ‘...the UK is leaving the EU’ is no different today than it was immediately after the referendum decision. The fall in the value of Sterling can only be due to that speculation. Brexit was/is the excuse used to speculate and make money, the currency was not driven down by economic factors as you point out in your post above.

Kikapu:

If it was about the economy being bad being an EU member, that I can understand some. The reason EU citizens are coming to the UK for work, it is because the economy is good and workers are needed. So where is the problem? If the economy stays strong after Brexit and workers are needed, what will happen then ......................?

I suggest nothing! Those workers and the ones already in the UK with work permits and a right to be there will be treated no differently than they are now. That has been stated many times. But we do not have to let in scroungers on our NHS and social welfare system or the unemployable because they claim it as their human rights. We get to chose, we do not have that choice negated by an EU Court using EU Rules ....... WE get to make that decision. If as you again say the economy is strong ..... that supports my contention that the fall in the value of Sterling was speculative not economic!

[miltiades]

Robin, why didn't the speculators push the pound upwards. After all you must know that speculating is never just one way..
By the way, nothing would please me more to see the pound rise and rise, then i may convert back to sterling.

[Robin Hood]

Robin, why didn't the speculators push the pound upwards. After all you must know that speculating is never just one way..
By the way, nothing would please me more to see the pound rise and rise, then i may convert back to sterling.

Oh but they do, that is the whole idea! It goes up and down, if it didn't the speculators wouldn't make any money. But the TREND over time is down because there is more bad news than good on all the TV News programmes and the MSM. To actually see what is happening in the broader picture you need to look at what those with an economic background have to say on the subject .... not to what those with a political agenda have to say. That is where all the damage is done because, as you can see on here most people can't be bothered to upgrade their information .... takes too much effort .... and of course some prior knowledge and understanding of other aspects related to the subject can be useful.

Will the pound rise? I would like to think so but with the politicians the UK has running the show and those we have had running the country into the ground for the last several decades I have my doubts. But it could recover and much faster than it went down! A report today says the major EU economies of Germany and France are also in a decline but we have an advantage they don't have ...... we have our Sovereign currency and that really does make a great difference. I will say it again ...... research how the Chinese and Japanese structure their economies!

[miltiades]

Im a pragmatist, I tend not to look a gift horse in the mouth. For me and millions of others the reason the pound is where it currently is , is none other than the impending Brexit or should I say the suicide. Germany as well as France Italy and other EU members will flourish economically while we will suffer.
Its common sense when one allows sentiment to rule the head it's often at a financial cost. If and when Brexit happens and it's a big If, we would be all singing London bridge is falling down.....

[Robin Hood]

Milti:

I’m a pragmatist, I tend not to look a gift horse in the mouth. For me and millions of others the reason the pound is where it currently is , is none other than the impending Brexit or should I say the suicide. Germany as well as France Italy and other EU members will flourish economically while we will suffer.

I would question your claim to being a pragmatist because to be a pragmatist you need to look at many aspects of the same event. You don’t, you have a preconception which distorts your observation of a related event. You are driven by a single visualization.

Germany and France are limited by not having their own sovereign currency. Any country in the EU is in the same boat, including Cyprus! That is why we had the bail-in but have you noticed that was not the case when Italy or Germany had similar problems ...... the ECB decided to ignore their own guidelines and bailed out all the EU banks with billions in QE to boost the economy but it didn't work, all it did was save the banks! They will do the same with Germany and France but, what they won’t and can’t do because of the content of the Lisbon Treaty, is to directly bail-out their economies with what Corbyn refers to as ‘Peoples QE’.

Once out of the EU we are in a position to directly bail-out our industry, NHS, police, prisons, fire services, schools etc etc ............. don’t you ever listen to what BJ is saying? And what do all the political doom merchants say ......”Where is all this money coming from?” I know, so ........ why don’t they?

Its common sense when one allows sentiment to rule the head it's often at a financial cost. If and when Brexit happens and it's a big If, we would be all singing London Bridge is falling down.....

As I said “You are driven by a single visualization.” not pragmatism!

[Lordo]

who the hell is this jason hunter fella. only an international negotiator, never mind. i wonder if tories asked him to help with the negotiations or even advice. i suspect not. liam fox claimed ha had talked to 4 countries and claimed that they were ready to make deal, even though two of them told him they are about to strike a deal with the eu and to come back in 10 years time
funniest part though is usa offering uk a part deal, the exact same deal eu offered them and they refused. they clearly care about us.

why are you people going on about about currency, there are more important things to consider. here we are with bojo claiming he will work very hard to join the wto rules day after 31st of cotober and we are now in august.

now russia has been negotiating for 19 years to get their concessions. so good luck with that bojo.this one is for the deaf people ohps i mean the brexiteers did i say deaf i appologise to all the deaf people they are not as stupid as the brexiteers. i mean how dum do you have to be not to realise you have been hoodwinked 3 years afterwards.

[Lordo]

we have 4500 product groups in the uk and one of those products group is steel plades and they have 3200 different grades to consider. the brexiteers who are negotiating and convinced the people to vote for it are actually denser than the brexiteers on this forum. and thats saying something. i think thay had also anouncedat somepoint that they have 90 negotiators in the country. perhaps we can ask the eu to lend us some negotiators.

and of course if any of the 160 members decide to veto the deal, they can which is why it took russia 19 years to get a deal with wto.

so how are we going to get a deal? never mind a deal with the eu, the deal with the two.