Viking Supporters Co-operative
Viking Chat => Off Topic => Topic started by: foxbat on August 20, 2019, 12:34:31 pm
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Max Johnson, brother of Boris Johnson, is an ex-banker who says investors should *make use of the sterling’s weakness* to snap up assets in the UK. Disaster capitalism in action, if you voted for Brexit then you voted for this
https://www.scmp.com/business/banking-finance/article/3022223/boris-johnsons-brother-hong-kong-backs-his-brexit-strategy …
Did you know?
(Do you care?)
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1. Geraint Davies MPVerified account @GeraintDaviesMP
Geraint Davies MP Retweeted Jo Maugham QC
With Brexit pushing sterling down to record lows foreign investors can buy British businesses and property at a massive discount.
Hong Kong billionaire seizes on weak pound to snap up Greene King
Vote Leave so Foreign Investors can Take Control.
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British Turkish Steel
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https://twitter.com/SachinNakrani/status/1163927059699326976?s=19 (https://twitter.com/SachinNakrani/status/1163927059699326976?s=19)
We can sort the handball rule out too. :laugh:
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British Turkish Steel
Which isnt a problem is it? Does it matter where investment comes from? Isnt that the kind of thing you pro eu types are all for?
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on what planet is selling all our assets to foreign countries not a problem ?
Taking back control ? LMFAO !
why are you anti Europe types so completely gullible that you continue to believe in the ( non existent) sunny uplands of Brexit, as promoted by the tax dodging elite ?
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on what planet is selling all our assets to foreign countries not a problem ?
Taking back control ? LMFAO !
why are you anti Europe types so completely gullible that you continue to believe in the ( non existent) sunny uplands of Brexit, as promoted by the tax dodging elite ?
Find me British investors, companies etc who are willing to invest that kind of money at huge risk....
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Mr Dyson the vacuum salesman?
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Mr Dyson the vacuum salesman?
Well clearly not since he hasn't nor anyone else.....
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Rachel ClarkeVerified account @doctor_oxford Aug 20
Some US drugs are over 15,000% more expensive than the *same* drugs in the UK. An obscene profit margin that @realDonaldTrump is only too desperate to get his hands on.
Anyone think for one second @BorisJohnson will stop him?
Our NHS - on the line
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Rachel ClarkeVerified account @doctor_oxford Aug 20
Some US drugs are over 15,000% more expensive than the *same* drugs in the UK. An obscene profit margin that @realDonaldTrump is only too desperate to get his hands on.
Anyone think for one second @BorisJohnson will stop him?
Our NHS - on the line
Well the much championed NHS wouldn't be daft enough to pick a more expensive choice would they?
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Just listen to this piece at 33:00 on today's PM programme on R4, about cross-Irish border trade.
If we leave with No Deal, the number of vetenary certificates required will go up from 18,000 per year to....
Wait for it...
Wait for it....
2 million per year. Which of course cannot possibly happen because there aren't enough vets in NI even NOW.
DEFRA say they are aware of this but they'd expect....
Wait for it...
Wait for it...
They'd expect trade to "adjust" to take account of the changing circumstances.
What the holy f**k?
That could only mean that they expect trade to massively reduce.
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Somerset Capital management, part owned by Rees Mogg has been shorting the pound for months and will make millions if we crash out with no deal will make even more money. Of course he has moved SC to Dublin so he can clear the trades in the eurozone.
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Somerset Capital management, part owned by Rees Mogg has been shorting the pound for months and will make millions if we crash out with no deal will make even more money. Of course he has moved SC to Dublin so he can clear the trades in the eurozone.
but absolutely no conflict of interest.
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JacobReesMogg “huge personal windfall” after Brexit
His Dublin based Somerset Capital has taken a massive 'short position' on the pound hitting rock bottom following the planned NoDealBrexit
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JacobReesMogg “huge personal windfall” after Brexit
His Dublin based Somerset Capital has taken a massive 'short position' on the pound hitting rock bottom following the planned NoDealBrexit
that's the 3rd time you have done the same post
a little knowledge is very dangerous (if i told you when you paid your credit card bill you are paying it into a "charity" yes a "trust with charitable status" you wouldn't believe me, so some of us know a lot mor about the square mile than you)
typical bl00dy Tory couldn't do a "proper job" of shorting like George Soros
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1992-pound short
Soros had been building a huge short position in pounds sterling for months leading up to September 1992. Soros had recognized the unfavorable position of the United Kingdom in the European Exchange Rate Mechanism. For Soros, the rate at which the United Kingdom was brought into the European Exchange Rate Mechanism was too high, their inflation was also much too high (triple the German rate), and British interest rates were hurting their asset prices.[64]
https://en.wikipedia.org/wiki/George_Soros
By September 16, 1992, the day of Black Wednesday, Soros's fund had sold short more than $10 billion in pounds,[57] profiting from the UK government's reluctance to either raise its interest rates to levels comparable to those of other European Exchange Rate Mechanism countries or float its currency.
Finally, the UK withdrew from the European Exchange Rate Mechanism, devaluing the pound. Soros's profit on the bet was estimated at over $1 billion.[65] He was dubbed "the man who broke the Bank of England".[66] The estimated cost of Black Wednesday to the UK Treasury was £3.4 billion.[67]
On October 26, 1992, The New York Times quoted Soros as saying: "Our total position by Black Wednesday had to be worth almost $10 billion. We planned to sell more than that. In fact, when Norman Lamont said just before the devaluation that he would borrow nearly $15 billion to defend sterling, we were amused because that was about how much we wanted to sell."
Stanley Druckenmiller, who traded under Soros, originally saw the weakness in the pound and stated: "[Soros's] contribution was pushing him to take a gigantic position
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such a shame then
The pound has surged against the dollar as the markets react to Boris Johnson losing control of Brexit.
Sterling posted its biggest increases in six months on Wednesday morning after parliament voted to block the prime minister taking the UK out of the EU without a deal.
The currency hit $1.2347, its strongest value in a week, just before 11.20am UK time. That followed an overnight surge of 1.4 per cent, its biggest one-day jump since March.
The Independent Verified account @Independent 2h2 hours ago
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this is useful i've set it up on £ v the us$ for you
play around with it to prove any point you want
https://www.xe.com/currencycharts/?from=GBP&to=USD&view=1D
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my point is a simple one:
Brexit is not about ' take back control '
but an opportunity for a rich elite to make a lot of money at our expense
and then , by avoiding the coming EU crackdown on these sh1ttes,
not pay ant tax on off shore accounts , but leave us plebs to pay for all the infrastructure for them to use free gratis.
Astonishes me that there are still ordinary people who believe that they've "taken back control." You've surrendered freedoms and been landed with an unelected leader. You're going to be poorer, less free and your PM is willing to suspend parliament to keep power. Wake up.
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my point is a simple one:
Brexit is not about ' take back control '
but an opportunity for a rich elite to make a lot of money at our expense
and then , by avoiding the coming EU crackdown on these sh1ttes,
not pay ant tax on off shore accounts , but leave us plebs to pay for all the infrastructure for them to use free gratis.
Astonishes me that there are still ordinary people who believe that they've "taken back control." You've surrendered freedoms and been landed with an unelected leader. You're going to be poorer, less free and your PM is willing to suspend parliament to keep power. Wake up.
Many people are poor while we’ve been in the EU.
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my point is a simple one:
Brexit is not about ' take back control '
but an opportunity for a rich elite to make a lot of money at our expense
and then , by avoiding the coming EU crackdown on these sh1ttes,
not pay ant tax on off shore accounts , but leave us plebs to pay for all the infrastructure for them to use free gratis.
Astonishes me that there are still ordinary people who believe that they've "taken back control." You've surrendered freedoms and been landed with an unelected leader. You're going to be poorer, less free and your PM is willing to suspend parliament to keep power. Wake up.
Many people are poor while we’ve been in the EU.
Yep, and that's sort of the point. Poor people in the UK were lied to that they'd become richer by being out of the EU. A load of absolute b*****ks that is now supported by a substantial body of independent research. Poor people in the UK will get poorer by the UK being outside of the EU. That's what the research says.
And don't get me going about Rees-Mogg. The man who admitted that it might take 50 years for a Brexit dividend to arrive...