One mans loss is another mans gain One mans loss is another mans gain - Page 3
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  1. #21

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    Quote Originally Posted by eek View Post
    And what exactly does that have to do with what you posted earlier in this thread...
    I hope you haven't been pretending to be a leaver eek as putting leavers bang to rights has now become a crusade of mine on behalf of poor people.

    But for bobspuds benefit

    Brexit = Low pound
    Low pound = inflation as we import many of our base goods like oil , food and clothes
    inflation = mortgage rate rises to stop inflation
    mortgage rate rises = poor becoming poorer as rate rises normally >= inflation rate for this to happen.
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  2. #22

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    Quote Originally Posted by barrydidit View Post
    In General it's forbidden.
    Rule 3.
    Where there's muck there's brass.

  3. #23

    bored now

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    Quote Originally Posted by motoukenin View Post
    I hope you haven't been pretending to be a leaver eek as putting leavers bang to rights has now become a crusade of mine on behalf of poor people.

    But for bobspuds benefit

    Brexit = Low pound
    Low pound = inflation as we import many of our base goods like oil , food and clothes
    inflation = mortgage rate rises to stop inflation
    mortgage rate rises = poor becoming poorer as rate rises normally >= inflation rate for this to happen.
    So nothing to do with the previous posts - as I suspected. Added to my ignore list...
    Last edited by eek; 6th October 2017 at 15:05.
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  4. #24

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    Default One mans loss is another mans gain

    Quote Originally Posted by motoukenin View Post
    I hope you haven't been pretending to be a leaver eek as putting leavers bang to rights has now become a crusade of mine on behalf of poor people.

    But for bobspuds benefit

    Brexit = Low pound
    Low pound = inflation as we import many of our base goods like oil , food and clothes
    inflation = mortgage rate rises to stop inflation
    mortgage rate rises = poor becoming poorer as rate rises normally >= inflation rate for this to happen.
    A crusade, eh?

    Well be careful that you don't crusade yourself right out of the door and forum...

  5. #25

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    Quote Originally Posted by cojak View Post
    A crusade, eh?

    Well be careful that you don't crusade yourself right out of the door and forum...
    But not too careful.
    Where there's muck there's brass.

  6. #26

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    Quote Originally Posted by cojak View Post
    A crusade, eh?

    Well be careful that you don't crusade yourself right out of the door and forum...
    And why would that be? for explaining to this who don't understand the effects of leaving what is happening to the economy ?

    Maybe you could explain better ?
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  7. #27

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    Quote Originally Posted by eek View Post
    So nothing to do with the previous posts - as I suspected. Added to my ignore list...
    OK , try reading the last line again
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  8. #28

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    Quote Originally Posted by motoukenin View Post
    And why would that be? for explaining to this who don't understand the effects of leaving what is happening to the economy ?

    Maybe you could explain better ?
    Article 50 has been triggered. Brexit is happening. Having you on a 'crusade' on a forum demanding apologies is ludicrous.

  9. #29

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    Quote Originally Posted by cojak View Post
    Article 50 has been triggered. Brexit is happening. Having you on a 'crusade' on a forum demanding apologies is ludicrous.
    Exactly. Stick to laughing at the cretins who caused the mess.
    Where there's muck there's brass.

  10. #30

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    Quote Originally Posted by cojak View Post
    Article 50 has been triggered. Brexit is happening. Having you on a 'crusade' on a forum demanding apologies is ludicrous.
    Think you completely missed the point there I am not arguing against Brexit , the purpose of the post is to show that those who are in most need are the ones now getting clobbered, and the reason I am doing this is to explain to them and everyone else why this is happening, I mean you wouldn't want to treat them like children and keep this from them would you ? After all its like Mrs May says open and honest.

    I did have a nice graph from my company showing mortgage rate interest rises but this is blocked by our firewall but to summarise:

    For UK gov to keep cpi inflation at 2% then over the next 12 - 24 months mortgage rates will need to rise by 1.25 - 1.75 % (Thats base rate) so total will be between 4.25 - 5% average.

    For UK gov to keep cpi inflation at 2% over the next 24 - 36 months and this is assuming a pound slump towards the dollar rate after Brexit then mortgage rates will rise to 2.25 - 2.75% thats 5.25 and 6% average.

    This will of course also hit rents as the UK gov continue to charge landlords tax on total rental incomes.
    Last edited by motoukenin; 7th October 2017 at 05:28.
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