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Mysterious car/bloke at BP

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Maringer
November 13, 2019, 10:43am Report to Moderator
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Quoted from Rik e B
2010:

The former chief secretary to the Treasury, Liam Byrne (Labour), left a note in a desk (to new Conservative government) stating, ''I'm afraid to tell you there's no money left,''

Austerity unfortunately needed to save a Greece-style bankruptcy


The note was a joke (though Byrne is a clueless twonk).

Your comments about Greece show a serious lack of knowledge, unfortunately. It seems you've bought into the nonsense propaganda pumped out by the Tories and their billionaire chums in the media. The 'Magic Money Tree' shtick is nonsense as is the idea that government spending in the economy is like that of a household.

The UK government is the sole issuer of GBP Sterling and, as such, can never, ever run out of money. The Bank of England (owned by the UK government) either creates or authorises private banks to create every pound in existence and, as QE showed, if we want to simply create another £435 billion out of thin air, we can do so at the stroke of a pen. People think governments tax and then spend, but this is actually entirely the wrong way around. With a fiat currency such as Sterling, the government spends and then taxes later. When we decide to spunk several billion on some aircraft carriers, we don't have to save up tax receipts to be able to pay for it. We just create the money by writing a cheque and most of this is then recouped through taxation.

On the other hand, the sole issuer of the Euro is the European Central Bank (and private banks authorised by the ECB). Greece could not create more Euros to pay their debts because they didn't control the ECB singlehandedly (it's the Germans and French who effectively do this).
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AdamHaddock
November 13, 2019, 10:53am Report to Moderator

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Quoted from The Old Codger
Anyway, this Brexit thing, has anyone decided what it means yet?

It means we won't be dictated to by these Brussels bureaucrats. We'll be dictated to by corporate America lobbyists instead
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Ipswin
November 13, 2019, 10:53am Report to Moderator
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Quoted from The Old Codger
Anyway, this Brexit thing, has anyone decided what it means yet?


Therein lies the problem and my argument against the first vote.It was held too soon and people voted without knowing what leaving would entail (they just had Farage and Boris's lies about the NHS and immigration to go on)

In fairness we still don't know exactly what leaving will mean unless or until an agreement is reached. One thing's for sure it isn't going to be all nuts and honey and a wonderful future for the UK



Well I did try to tell you all Jolley was a mistake

https://www.linkedin.com/pulse.....=public_profile_post
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TheRonRaffertyFanClub
November 13, 2019, 11:01am Report to Moderator
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"One thing's for sure it isn't going to be all nuts and honey and a wonderful future"

My grandad was right Swin, whoever you vote for, the government always wins.


"Ah but I was so much older then, I’m younger than that now.” Bob Dylan, My Back Pages
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gtfc98
November 13, 2019, 11:05am Report to Moderator
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Quoted from Maringer


The note was a joke (though Byrne is a clueless twonk).

Your comments about Greece show a serious lack of knowledge, unfortunately. It seems you've bought into the nonsense propaganda pumped out by the Tories and their billionaire chums in the media. The 'Magic Money Tree' shtick is nonsense as is the idea that government spending in the economy is like that of a household.

The UK government is the sole issuer of GBP Sterling and, as such, can never, ever run out of money. The Bank of England (owned by the UK government) either creates or authorises private banks to create every pound in existence and, as QE showed, if we want to simply create another £435 billion out of thin air, we can do so at the stroke of a pen. People think governments tax and then spend, but this is actually entirely the wrong way around. With a fiat currency such as Sterling, the government spends and then taxes later. When we decide to spunk several billion on some aircraft carriers, we don't have to save up tax receipts to be able to pay for it. We just create the money by writing a cheque and most of this is then recouped through taxation.

On the other hand, the sole issuer of the Euro is the European Central Bank (and private banks authorised by the ECB). Greece could not create more Euros to pay their debts because they didn't control the ECB singlehandedly (it's the Germans and French who effectively do this).


That is far too sensible for the fishy. Please take these logical opinions elsewhere.


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SpudUDontLike
November 13, 2019, 11:40am Report to Moderator

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So what's this about that bloke and the car then?


We are destined to a fool's fate that deserves to be mocked.
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moss_side_mariner
November 13, 2019, 11:57am Report to Moderator
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Quoted from SpudUDontLike
So what's this about that bloke and the car then?


Fu(k all, as far as I can see.


from the banks of the river humber, to the shores of sicilly
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sam gy
November 13, 2019, 11:58am Report to Moderator
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The same people who cry out “keep politics out of football” seem to be the same people who have absolutely no problem with a POLITICAL party holding an event at our FOOTBALL stadium.

It’s extremely naïve to think the Brexit party are merely hiring a room and we should take money from whoever we can. If you don’t think the Brexit Party will see holding an event at the home of the only thing that unites thousands of people in our community together will be seen as a feather in their cap, then you’re wrong.

I strongly disagree with the politics of Farage, The Brexit Party, and this Christopher Barker bloke is an absolute flipping joker, but I don’t think any political party should hold events at our club – it divides the fan base more than it already is (this event has clearly led to a lot of disagreements on social media between fans – same as it would if Labour held an event here), when we should be uniting, and GTFC should be the one thing that unites us for 90 minutes on a Saturday. It leaves a bad taste, and I think it’s a short-sighted move from the club….no surprise there, then.


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gtfc98
November 13, 2019, 11:58am Report to Moderator
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Quoted from Ipswin


Therein lies the problem and my argument against the first vote.It was held too soon and people voted without knowing what leaving would entail (they just had Farage and Boris's lies about the NHS and immigration to go on)

In fairness we still don't know exactly what leaving will mean unless or until an agreement is reached. One thing's for sure it isn't going to be all nuts and honey and a wonderful future for the UK



For those of you who don't know how currency markets work I'll explain exactly how I see this panning out and what Johnson's puppet masters (the likes of Crispin Odey) are banking on happening;

I'll base the figures on £100m as this is the kind of money that they'll be gambling with (probably more in truth).

GBP/USD is currently at 1.28 which means that £1 buys $1.28. So currently £100m = $128m

If Johnson gets a majority the GBP/USD exchange is expected to rise to 1.35-1.45. I'll base it on 1.35 to be conservative. So in that instance the likes of Odey (oh and also Jacob Rees-Mogg) will sell £100m and receive $135m.

Here comes the interesting (and infuriating part) and why honest Nige claims he's dropped his opposition to Johnson's deal. The transition period won't be extended beyond December 2020 according to Johnson, so all it's doing is delaying our crash out on WTO terms by a year because there is absolutely no way on earth that we can negotiate a free trade arrangement in a year. On average it takes 3-7years. the forecast GBP/USD exchange for this kind of crash out on WTO terms is 1.12.

So on January 1st 2021, the currency crashes, these grifters sell their dollars. They have $135m which they purcahsed on December 13th 2019, they then sell them at 1.12 which leaves them with £120.5m making them a tidy £20.5m profit on their initial £100m while the rest of us are left with a destroyed economy in a net importing economy and ultimately become much, much poorer because, no matter what Liz Truss tells us, we're not able to be self sufficient! Look at us, we're a tiny island with a large population, it's obvious.

I don't know who's car it was though.


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friskneymariner
November 13, 2019, 11:59am Report to Moderator

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Quoted from Rik e B
2010:

The former chief secretary to the Treasury, Liam Byrne (Labour), left a note in a desk (to new Conservative government) stating, ''I'm afraid to tell you there's no money left,''

Austerity unfortunately needed to save a Greece-style bankruptcy


If Boris had been in power it would said     ' the Crown Jewels are one the 3.30 at Kempton''


Give a man a fish and you feed him for a day,teach a man to fish and you give him an excuse for him to escape from the wife and kids for the weekend and drink lots of beer.
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