Siphoning the wealth out of advanced countries to artificially improve the living standards of others is what is disgusting--particularly when it is to the detriment of ecologys and sustainable population balances. What is the civilized world supposed to do--transfuse the rest of the planet until it is itself either bloodless or its population replaced with people from countries that have never demonstrated an ability to fully sustain civilization once colonial powers withdrew? Let China play that game now that they are able and have the resources, and let the West recover from its self defeating attempts to atone for the sins of its fathers. Without the assistance of the West, China would not now be able to play this role. Let it do so.
no, i read what economists say. no one predicts good things for Britain any time soon. anything good, will be in a few years. but there is a (*)(*)(*)(*)load of hurt coming for Britannia.
What the UK wins is control of their own country. What the UK loses is being forced to take massive more numbers of the most undesirable, costly and dangerous people on earth and loses the massive debts of other EU countries. What a shame. UK won't have to help out Greece give up disability benefits as a reward to pedophiles for raping children.
You should immediately dump all your stocks, bonds and mutual funds and put it all into NYC bonds. Do it first thing in the morning. Do the same with any money you have in bank accounts too. Buy LONG TERM municipal bonds.
they should have instead tried to fix the EU treaty, not burn it. I am not convinced the EU is beyond repair. It will be a very long time before the Brits see any economic benefits from Brexit. In the meantime, Brittania is going to suffer.
If you repeat this baseless nonsense in 50 more posts you will probably start believing it. Don't count on anyone else though, your lack of arguments is glaring.
its based on everything I read on Yahoo Finance and Bloomberg News. sorry bro, but Brexit is gonna hurt for a long time before it does anything positive for the peoples' wallets or jobs. I hope they are patient, cause 2025 is a long time away.
LOL, their job is to spew nonsense, speak out of both sides of their mouth and brainwash people like you. In your case they are clearly successful. Newsflash, they don't have any insight, their crystal ball is not working, their predictions are more often wrong than right and they don't believe their own predictions , they are not trading on them or if they do, they are not making any money and need to supplement their income with articles and prophecies for naïve sheeple like you.
name the economists who believe Brexit will have little to no negative impact to Britain's economy. name them.
Name pundits who thought that Trump would be a nominee. Name them..... Name a pollster or a political expert who thought that "Leave" would win the referendum? And if all these professional pundits and political experts can be repeatedly wrong, all economists might well be wrong as well, especially given that they are in totally unchartered territory. None of them is particularly specific, they are hedging their bets and basically guessing. Here is just one example: Larry Sammers speaking out of both sides of his mouth. For Britain, the economic effects are two sided. On the one hand, a major jolt has been delivered to confidence, to future unity and down the road to trade. On the other, the currency has become more competitive, and liquidity will be in very ample supply. I would expect that a significant deterioration in growth and a recession beginning in the next 12 months has to be a substantial risk though short of an odds on bet...the prospects for Europe may in some ways be worse than for the UK.
Go right ahead. You apparently know the market. Put EVERYTHING into a Long Term Treasury Yield. Long-term Treasury yields tumble to 14-month low http://www.marketwatch.com/story/treasury-yields-tumble-to-lowest-level-since-february-2016-06-09
Amazing, nothing has actually yet happened to Great Britain, (except a lot of media attention), but somehow there is a crapload of "hurt" that is headed their way. So says the Liberals and their media.
No it does not LOL. As the yield is dropping the value of the existing outstanding treasury bonds is increasing. By buying into the fund now you will be betting on the already 14 month low yield to keep falling, otherwise (if the yield stabilizes or bounces) you'll end up paying the highest price for the lowest yielding portfolio of treasury bonds. You do need to get some basic financial education pal
The ft100 is based on 100 companies, the others you have quoted are based on around 30-40 companies. Those high losses you have quoted are because they are based on the biggest companies in the world which have been hit the hardest in real value. They fared just as badly all over the world including in the FT100. The overall loss was diluted in the FT100 because of the small size, but higher number of the 31-100 companies. The FT250 is an indication of how the much smaller UK companies are doing. Admittedly, any failure of those small companies won't have an immediate effect on the world market, however they will eventually effect banking market trading.
Agree, generally, and we will see even more QE from the ECB going forward. That much is guaranteed by (guess who?) -- Greece (again). But I believe that the DJ should be at least 33% lower than it is now, in terms of real value, and the Nasdaq should be more like 40% less. The size of the Chinese "monkey-wrench" this year has been played down in the "news" but it isn't going to go away, especially with Europe back in another recession with very moribund prospects for a genuine recovery. These collaborating "Western" central banks -- all of them -- the Fed, the ECB, the Bank of England, the Bank of Japan -- they're all nothing but one-trick ponyies, buying up worthless, made-up "paper" and squashing interest rates at a time when the demand for CASH is paramount. They've been doing this for over eight years, and we can all see exactly what that has done. We "rescued" a bunch of millionaires, billionaires, and labor unions, and condemned everyone else to unemployment or stagnant wages in going-nowhere jobs. Suggestion: if the (*)(*)(*)(*) really does hit the fan in Europe because of the "Brexit", which I definitely doubt, then watch for Russia to do some "rescuing" of their own, in the form of a type of re-creation of the Soviet Union, along with an even closer economic and military bond with China. Western central bankers understand how to construct fraud-balloon economies sustained by whim and "market sentiment", but they don't know a damned thing about military power. Perhaps Vladimir Putin has more to teach these overrated bean counters than the object lessons of Ukraine, Syria, and the creative use of real estate Russia owns in the Kaliningrad Oblast on the Baltic Sea.... Oh, BTW, on top of everything else, Vladimir Putin has a Ph.D in Economics... and what did "the West" have? Cameron? Merkel? Hollande? And, OBAMA?!
So the Brits retaking their sovereignty didn't end the world? And the Brits will have to go to the end of Obama's line? Last I looked, anything that Obama doesn't get around to has a much better chance of working.
This thread COULD turn out to be very embarrassing.... if "somebody" BUMPED it a week or so from now, when the Dow went back up to pre-Brexit levels? jus' saying
wanta make a wager on that? payment got to be in gold coins of course not bars pull of tungsten hum i should of up a bet on Gorn Captain Bligh here