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Grim74 |
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Cocktail Drinker
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Another drop in the pound today as well, following Carney's announcement that an interest rate cut is on the cards to try and stimulate the economy following the referendum vote.
Much of the recovery in the FTSE 100 some people are quacking on about is down to the devaluation of the pound. Should help the multinationals but not good for the man on the street as imports become more expensive.
A pity we don't produce anything much worth selling these days as the lower rate should be good for exporters.
Carney once again talking our country down to cause panic he should be sacked.
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| Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime. Promise a man someone else's fish and he votes Labour. |
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Maringer |
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Barley Wine Drinker
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No. It's basic economic orthodoxy. In uncertain times with a slowing economy, cut interest rates to try and stimulate the economy by getting people to spend. Bear in mind that the interest rates are set by the MPC which is theoretically, at least, independent of the government. It has been policy for a couple of years now to give forward guidance of where they expect interest rates to go so nothing new to see here.
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scrumble |
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Fine Wine Drinker
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| Byddwn ond yn canu pan fyddwn yn pysgota |
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grimsby pete |
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Exile
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People need to get a grip,
When there is change there will always be fluctuations in the market place,
Its very early days yet , things will settle down,
Then when we are out we will prove it was the right thing to do,
Relax and enjoy the ride, things will get better.
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| Over 37 years living in Suffolk but always a mariner. 69 Years following the Town
Life member of Trust
First game April 1955 |
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KingstonMariner |
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Meths Drinker
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People need to get a grip,
When there is change there will always be fluctuations in the market place,
Its very early days yet , things will settle down,
Then when we are out we will prove it was the right thing to do,
Relax and enjoy the ride, things will get better.
The old saying applies here Pete. If you're not panicking, you haven't appreciated the seriousness of the situation.
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| Through the door there came familiar laughter, I saw your face and heard you call my name. Oh my friend we're older but no wiser, For in our hearts the dreams are still the same. |
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Grim74 |
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Cocktail Drinker
Posts: 1,849
Posts Per Day: 0.56
Reputation: 61.1%
Rep Score: +16 / -13
Approval: -1,909
Gold Stars: 1
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People need to get a grip,
When there is change there will always be fluctuations in the market place,
Its very early days yet , things will settle down,
Then when we are out we will prove it was the right thing to do,
Relax and enjoy the ride, things will get better.
There will always be sad people hoping we fail just to say we told you so, why people can't just except the democratic decision and get behind our great Country even on here there seems to be one or two who just cannot wait to post the slightest negative bit of news, you will notice these doom merchants never say anything positive that's been reported it really is sad, yes we are in for a bumpy ride no doubt but why can they not see the bigger picture? A sovereign and secure nation with the ability to control its borders trading globally with an ever increasing world share of the economy, let's live in hope and not fear lets shout out how great our Country is and will continue to be, its actually not racist to be patriotic and back your Country as some lefty ares wipe tabloids would insinuate.
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| Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime. Promise a man someone else's fish and he votes Labour. |
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chaos33 |
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Barley Wine Drinker
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Maybe you wouldn't mind listing the 'lefty arsewipe tabloids' please. The Mirror do you mean? The rest of the tabloids are filthy Tory and it's mostly them doing the scaremongering and talking down so let's have this right.
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| "You should do what you love while you can" |
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Grim74 |
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Cocktail Drinker
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Maybe you wouldn't mind listing the 'lefty arsewipe tabloids' please. The Mirror do you mean? The rest of the tabloids are filthy Tory and it's mostly them doing the scaremongering and talking down so let's have this right.
Ok broadsheets as well then smart bottom, you know the ones, the poisonous ones you will find in every teachers staff room in schools and university's up and down the country.
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| Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime. Promise a man someone else's fish and he votes Labour. |
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Maringer |
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Barley Wine Drinker
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Ah, you mean the broadsheet which has called on it's readers to vote for the LibDems in the past two elections and has spent months posting endless disingenuous hit pieces against the Labour Party leader? That one?
The LibDems certainly haven't been very lefty over the past 6 or so years and enabled the Tories to wreak havoc in the last parliament.
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chaos33 |
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Barley Wine Drinker
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Ok broadsheets as well then smart bottom, you know the ones, the poisonous ones you will find in every teachers staff room in schools and university's up and down the country.
Cobblers. As usual. You've just gone back on your point, and, in actual fact, there aren't any 'arsewipe lefty' newspapers, tabloid or broadsheet. I suspect you mean The Guardian, who have just been indulging in critical Corbyn pieces.
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| "You should do what you love while you can" |
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