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Oh Britain, what have you done (part XXII)?

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Making the rich richer and the poor poorer. That is ultimately what Brexit will do. And what the people leading and pushing Brexit want.

From today's FT

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Sounds like theres been winners and losers where,
n(losers)>>n(winners).
A great time to have no debt, generous assets and an ability through index linking or investment returns to outrun inflation. Not a great time to be starting out on low stagnant wages with no assets and debts. The clock has turned back by several decades.

Cheers,
I.M. Alright-Jack
 
Reported yesterday:

"House prices rose 5.4 per cent in September, up from 4.8 per cent in August and the highest since October 2016." This is an 11 month high.

Cheers,

DV

This is certainly not true in London and the south east. I know this because I have had my place valued and I am looking for somewhere to buy.

You can check this very easily. Just go to a site like RightMove, enter for example Hastings and look at what you get for your money. Many ads say the price has been reduced.

The situation is going to get much worse, especially if David Davis and May don't meet the three EU stipulations by December.

Jack
 
I'm not alright at all. It has been a much-welcome boost to see my piddly pension increase by about 15% over the last year.

Not sure I like the way it all happens, though. Loads of greedy cnuts betting on shit that doesn't really exist. When I'm 55 and I will cash it in, pay all the taxes and I will Take. Back. Control.
 
We have been through this before : The Footsie 100 contains many companies that receive much of their income in foreign currency. The drop in £ makes those earnings higher in £ terms and therefore the £ share price rises. You will lose some of those gains every time you buy an imported product and every time you go out of the UK. The real effect of Brexit has not started yet: it will begin in 6 months.
 
And here's what the official LEAVE.EU thinks.

They are dreaming of the day when such people can be arrested. And probably worse if we reintroduce the death penalty, as they want.


DOqp7rUXkAYjbhp.jpg:large

Brexitiers are prone to criticising Remainers for the tone and tenor of their arguments, complaining that we Remainers are aggressive, hectoring, supercilious, or worse.

But nothing, absolutely nothing, I've seen from the Remain side even begins to approach the awfulness of this, and the Torygraph's stance.
 
Just catching up and note with wry amusement Richgilb's Godwining of this thread a page back (not going to quote the post). Having also been Godwined by the same lil' fish a few days ago, I might be forgiven for thinking he's on something of a personal crusade to hold the record for most Godwins since the new forum came online.

Rich, it's not like 'likes' you know, there's no score sheet for Godwins. Maybe there should be, though...?
 
This is certainly not true in London and the south east. I know this because I have had my place valued and I am looking for somewhere to buy.

You can check this very easily. Just go to a site like RightMove, enter for example Hastings and look at what you get for your money. Many ads say the price has been reduced.

The situation is going to get much worse, especially if David Davis and May don't meet the three EU stipulations by December.

Jack

Jack, isn't the property market in the South East somewhat overheated - some might say dangerously so? In which case, perhaps if this acts as a mild resetting of the market, that's a possible benefit of Brexit. Just throwing the other side a bone here, you undersand...
 
Just catching up and note with wry amusement Richgilb's Godwining of this thread a page back (not going to quote the post). Having also been Godwined by the same lil' fish a few days ago, I might be forgiven for thinking he's on something of a personal crusade to hold the record for most Godwins since the new forum came online.

Rich, it's not like 'likes' you know, there's no score sheet for Godwins. Maybe there should be, though...?
38382743476_4c50665c62_z.jpg
 
A bit to add: since then, however, it has morphed into something that you would normally expect the far right to approve of - centralised control / fascism / prescription has increasingly become the norm.

The National Socialist German Workers Party also started off by trying to convince people it had good intentions.

Here is Juncker, spied at a secret meeting last night in Brussels:

38378588436_1a313fa869_h.jpg

38378588436_1a313fa869_h.jpg

Ok, so here's Richgilb's post. Thought I'd just quote it for posterity, after all.

Essentially, Rich is suggesting that anybody who supports the EU is a Nazi sympathiser.
 
Look, Sue, I was nowhere near the first person to mention nazis on this thread. Go back to the beginning and you will see this thread died on page 2. I'm just surfing the crap because I'm having a break from work.
 
Look, Sue, I was nowhere near the first person to mention nazis on this thread. Go back to the beginning and you will see this thread died on page 2. I'm just surfing the crap because I'm having a break from work.

I didn't suggest you were the first. Just that you seem to have made it something of a personal speciality, since the new forum emerged.

Impressed by the power of your argument about my dog, though. Really hit the mark that one.
 
I didn't suggest you were the first. Just that you seem to have made it something of a personal speciality, since the new forum emerged.

Impressed by the power of your argument about my dog, though. Really hit the mark that one.
Nazi domination is just one of Rich's frightening fantasies. Besides, with the weak pound it must be costing a lot more for it in Strasbourg. I blame that Spike Milligan.
 
Would you be able to clarify your statement? My own investments have risen almost 25% since the Brexit vote and there is nothing special about them. However I don't expect that spectacular performance to last.

Cheers,

DV
I'm just a working bloke, DV. My business was wiped out in 2008 during the recession and it took nearly 4 years to retrain and get back on my feet again. Successive below inflation pay rises mean I can ill afford this Brexit insanity.
 
I think DV is just doing his usual "I am considerably richer than Mick" thing.
 
Every time he does that, I think of the superior gains he has missed by not parking his money in a simple DAX tracker, in euros natch.
 
Please don't be too hard on DV.
He's obviously anxious re: exposure to the U.K. property market.
 
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