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U.K. Economy Set to Avoid Imminent Recession

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    U.K. Economy Set to Avoid Imminent Recession

    Interesting article from Bloomberg:

    https://www.bloomberg.com/news/artic...te-poor-august

    #2
    Don't worry, IR35 is sure to succeed where Brexit has failed.

    Comment


      #3
      how could the experts be so wrong??



      Germany’s ailing economy can’t afford a no-deal Brexit | The Spectator
      Always forgive your enemies; nothing annoys them so much.

      Comment


        #4
        Originally posted by vetran View Post
        Scooty, we need a chart! Do the needful!
        Old Greg - In search of acceptance since Mar 2007. Hoping each leap will be his last.

        Comment


          #5
          Originally posted by vetran View Post
          West Germany took on East Germany easily enough.

          Comment


            #6
            Originally posted by vetran View Post
            They aren't. This is the Spectator you're talking about. That's why many people, unlike you, invest in an a education, so they can make intelligent and informed jusgement on what they read, hopefully backed up by numbers and evidence.

            Hint: Germany isn't really acting as if it gives much of a crap about Brexit. That's because it doesn't. Politicians are wising up to the fact that in most European countries polls suggest that people want the UK out. They've had enough of the frankly embarrassing UK shennanigans.
            Hard Brexit now!
            #prayfornodeal

            Comment


              #7
              Originally posted by Billy Liar View Post
              They aren't. This is the Spectator you're talking about. That's why many people, unlike you, invest in an a education, so they can make intelligent and informed jusgement on what they read, hopefully backed up by numbers and evidence.

              Hint: Germany isn't really acting as if it gives much of a crap about Brexit. That's because it doesn't. Politicians are wising up to the fact that in most European countries polls suggest that people want the UK out. They've had enough of the frankly embarrassing UK shennanigans.
              Bless you, you really do try and for that you should be encouraged, not despised.
              Old Greg - In search of acceptance since Mar 2007. Hoping each leap will be his last.

              Comment


                #8
                Amazing. The defence taken by the indigenous quitlings of their storming economic position that knows no limits is to deflect on those countries that are not matching.

                What's the largest market in the world? Anyone? Perhaps the oil market at just $1.7 trillion? now thats bigger than any other commodities out there.
                Do you know what is the largest market in the world?. The Bond market, there are over $300 trillion of global debt, and more than $200 Trillion of that debt is dollar-denominated.

                Guess which EU country had been loading up on US-bonds like it was a fire sale? You guessed it, Tory government has been purchasing US-bonds with your tax money like there's no tomorrow.

                Many are expecting the dollar to increase in value in the coming recession because that's what the smart money does, shelters under the umbrella of the dollar. But now the US bond market has reached a level where great losses will be felt by the slightest negative percentage shift. What would cause that? Is anyone looking.

                There's a very good reason why Germany is not owning much US debt and for that matter repatriated their gold.

                Here's the question no is asking. What if, what if the value of the dollar goes down instead up of in coming recession? The US Bond market would cause a global sheet storm not seen before since the late 1930's.

                Why would it happen? There's a very good reason for it to happen, and it's all to do with the US this time rather than the rest of the world.






                Last edited by scooterscot; 11 October 2019, 09:57.
                "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

                Comment


                  #9
                  Originally posted by scooterscot View Post
                  Amazing. The defence taken by the indigenous quitlings of their storming economic position that knows no limits is to deflect on those countries that are not matching.

                  What's the largest market in the world? Anyone? Perhaps the oil market at just $1.7 trillion? now thats bigger than any other commodities out there.
                  Do you know what is the largest market in the world?. The Bond market, there are over $300 trillion of global debt, and more than $200 Trillion of that debt is dollar-denominated.

                  Guess which EU country had been loading up on US-bonds like it was a fire sale? You guessed it, Tory government has been purchasing US-bonds with your tax money like there's no tomorrow.

                  Many are expecting the dollar to increase in value in the coming recession because that's what the smart money does, shelters under the umbrella of the dollar. But now the US bond market has reached a level where great losses will be felt by the slightest negative percentage shift. What would cause that? Is anyone looking.

                  There's a very good reason why Germany is not owning much US debt and for that matter repatriated their gold.

                  Here's the question no is asking. What if, what if the value of the dollar goes down instead up of in coming recession? The US Bond market would cause a global sheet storm not seen before since the late 1930's.

                  Why would it happen? There's a very good reason for it to happen, and it's all to do with the US this time rather than the rest of the world.






                  And the difference between US Debt and let's say Greek or Italian debt is what, exactly?

                  The US can devalue its currency to reduce its debt burden, Italy, Greece and the other PIIGS can't. That is why the Euro is a crap idea.
                  Old Greg - In search of acceptance since Mar 2007. Hoping each leap will be his last.

                  Comment


                    #10
                    Originally posted by Zigenare View Post
                    Bless you, you really do try and for that you should be encouraged, not despised.
                    Another ex-squaddie thicko content-free post. See the pattern?
                    Hard Brexit now!
                    #prayfornodeal

                    Comment

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