slawek Posted February 5, 2020 Share Posted February 5, 2020 Net issuance this FY has been only 16bln so far (32bln in 2018/19 FY). An additional 100bln supply will have a huge impact on the market and would need BoE help. https://www.dmo.gov.uk/media/16216/monthly-gross-and-net-issuance-d4f-2019-20_end-oct-and-nov-2019.xls Quote Link to comment Share on other sites More sharing options...
zugzwang Posted February 5, 2020 Share Posted February 5, 2020 1 hour ago, slawek said: Net issuance this FY has been only 16bln so far (32bln in 2018/19 FY). An additional 100bln supply will have a huge impact on the market and would need BoE help. https://www.dmo.gov.uk/media/16216/monthly-gross-and-net-issuance-d4f-2019-20_end-oct-and-nov-2019.xls Whatever it takes, Brexit will be a 'demonstrable success'. Quote Link to comment Share on other sites More sharing options...
dances with sheeple Posted February 5, 2020 Share Posted February 5, 2020 3 hours ago, zugzwang said: Whatever it takes, Brexit will be a 'demonstrable success'. So BJ will crash house prices to cheer up all the young people that can`t travel in Europe any more? Quote Link to comment Share on other sites More sharing options...
zugzwang Posted February 5, 2020 Share Posted February 5, 2020 5 minutes ago, dances with sheeple said: So BJ will crash house prices to cheer up all the young people that can`t travel in Europe any more? Having spent hundreds of billions to keep them unaffordable? No. Quote Link to comment Share on other sites More sharing options...
simvastatin Posted February 5, 2020 Share Posted February 5, 2020 5 hours ago, Bruce Banner said: Tesla are doing well... https://www.theguardian.com/technology/2020/feb/04/tesla-shares-soar-40-after-analyst-says-firms-value-could-hit-13tn Shame their European manufacturing will be in Germany... https://www.theguardian.com/technology/2019/nov/13/tesla-cites-brexit-as-germany-chosen-over-uk-for-european-plant-elon-musk Still, we've taken back control . This is the company that opened a car factory in China just before Corona beer Virus Quote Link to comment Share on other sites More sharing options...
ZeroSumGame Posted February 5, 2020 Share Posted February 5, 2020 Looks like the City may not be too pleased with this.... Quote Brexit Gets Worse ..... With EU Shaking Up MiFID Apparently they (EU) spent 6 years molly-codling the UK, and are now embarking on removing those opt-outs. Quote Link to comment Share on other sites More sharing options...
slawek Posted February 5, 2020 Share Posted February 5, 2020 (edited) 25 minutes ago, ZeroSumGame said: Looks like the City may not be too pleased with this.... Apparently they (EU) spent 6 years molly-codling the UK, and are now embarking on removing those opt-outs. It makes sense. The UK is out so they can tweak rules in a way they are optimal for them only. An advantage of being inside was that you were a part of the consensus, you had a voice. There was a funny post a week ago or so about the Brexit Party complaining that after they leave they won't be able to influence the EU fishing policy. Edited February 5, 2020 by slawek Quote Link to comment Share on other sites More sharing options...
Confusion of VIs Posted February 5, 2020 Share Posted February 5, 2020 1 hour ago, prozac said: This is the company that opened a car factory in China just before Corona beer Virus Point being? Happy news. Crispin Oden is rumoured to have had one of the biggest short positions on Tesla, if true he must have lost a pretty large part of his shirt over the past month. Quote Link to comment Share on other sites More sharing options...
slawek Posted February 5, 2020 Share Posted February 5, 2020 The research below finds evidence for the persistence of the far right views over a long time. It compares that voting for NDSAP and AfD in Germany. It argues that those views were dormant but has become public now because AfD offered voters a populist right-wing option, with little social stigma attached. I think there is likely a similar mechanism in the UK, some extreme views were suppressed but the Leave campaign provide a platform for them to be become acceptable. https://rationality-and-competition.de/wp-content/uploads/discussion_paper/143.pdf Quote Link to comment Share on other sites More sharing options...
GrizzlyDave Posted February 6, 2020 Share Posted February 6, 2020 Quote Link to comment Share on other sites More sharing options...
slawek Posted February 6, 2020 Share Posted February 6, 2020 1 hour ago, GrizzlyDave said: I've seen that. I was thinking of posting this. A master piece of the propaganda. A new red Torry meets his fuhrer. There is no much content in it, it is mostly based on non-verbal clues. I like the scene when BJ pretends to carefully listen to the guy. Quote Link to comment Share on other sites More sharing options...
GrizzlyDave Posted February 6, 2020 Share Posted February 6, 2020 1 minute ago, slawek said: I've seen that. I was thinking of posting this. A master piece of the propaganda. A new red Torry meets his fuhrer. There is no much content in it, it is mostly based on non-verbal clues. I like the scene when BJ pretends to carefully listen to the guy. Non Verbal Cues? Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted February 6, 2020 Share Posted February 6, 2020 1 hour ago, GrizzlyDave said: Replying to @Conservatives It's amazing how Boris Johnson can lie without a moment's hesitation right to somebody's face. Quote Link to comment Share on other sites More sharing options...
slawek Posted February 6, 2020 Share Posted February 6, 2020 5 minutes ago, GrizzlyDave said: Non Verbal Cues? Sorry, yes. Quote Link to comment Share on other sites More sharing options...
MonsieurCopperCrutch Posted February 6, 2020 Share Posted February 6, 2020 38 minutes ago, slawek said: Sorry, yes. Love the flat cap for extra working class credibility. The thickos will fall for this propaganda. Quote Link to comment Share on other sites More sharing options...
winkie Posted February 6, 2020 Share Posted February 6, 2020 14 hours ago, dances with sheeple said: So BJ will crash house prices to cheer up all the young people that can`t travel in Europe any more? No that is not on the top of his list of priorities, already freedom of movement for very many has ground to a halt here, now all other possibilities have been promptly removed...... movement all around the world will always be available, but now only to those that can afford to move.? Quote Link to comment Share on other sites More sharing options...
zugzwang Posted February 6, 2020 Share Posted February 6, 2020 NIESR: Bozo's infrastructure spending won't offset the cost of Brexit. https://www.theguardian.com/business/2020/feb/06/economists-warning-boris-johnson-election-pledge-output Quote It would take Boris Johnson two full terms as prime minister to fulfil his pledge to “level up” the British economy, according to one of the UK’s leading economic thinktanks. The National Institute of Economic and Social Research (NIESR) said Johnson’s plans would probably take more than a decade to raise the level of economic output across the country, due to capacity constraints. In a warning before next month’s budget, Britain’s oldest economic thinktank said the government’s plan to raise investment in infrastructure projects by about £20bn per year would have only a modest impact on the UK’s dismal productivity levels. Sajid Javid, the chancellor, is expected to outline plans for a rise in government spending in order to meet Johnson’s promise made before the election. In a central plank of the Conservative party campaign, Johnson pledged to invest in new transport projects and other large public works to narrow the gap between the UK’s wealthiest cities and poorer regions. However, NIESR said the plan would take a decade to deliver and would fail to offset the damage to economic growth from Brexit. The positive impact on the economy from higher spending on infrastructure would be less than 0.5% of GDP over the long run, compared with an estimated 3-4% cost of Brexit, it added. Faced with employment at record levels and labour shortages for companies, the thinktank said the government could struggle to implement its plans. It warned that a rapid increase in spending risked driving up inflation, which could lead to the Bank of England raising interest rates. It also cautioned that a slower increase in spending risked disappointing voters who expected an immediate impact from the Tories’ election promises. However it said spending could be targeted at parts of the country where unemployment rates are above the national average, including the north-east of England, Yorkshire, the Midlands and Wales. In a blow to the chancellor, NIESR said Javid would also fall short of achieving his growth target of 2.8% per year, while his new budget rules made before the election would probably be trashed by public spending at the levels promised in the campaign. GDP growth is expected to be 1.3% this year, the same as in 2019, before a rise to 1.6% in 2021. Quote Link to comment Share on other sites More sharing options...
ZeroSumGame Posted February 6, 2020 Share Posted February 6, 2020 13 hours ago, slawek said: It makes sense. The UK is out so they can tweak rules in a way they are optimal for them only. An advantage of being inside was that you were a part of the consensus, you had a voice. The salient point is the banks are aligned right now with EU regulation : quite soon they won't be. If they want to be re-aligned they have to make that decision now. If not then they may not be offered 'equivalence'. Sure, 'global Britain' will have to align with another market if they don't trade in the EU. Rule taker, just following another different rule-setter. Ha ha ha . All that money and time spent only to have their lunch pulled from the table in front of them. No doubt Bozo has thought this through with his pseudo-scientist mate. Repeat. Ha ha ha Quote Link to comment Share on other sites More sharing options...
jonb2 Posted February 6, 2020 Share Posted February 6, 2020 4 hours ago, GrizzlyDave said: Just more propaganda from our Stasi government. Can't wait until they get total control. It's gonna be such a laugh. Your kids will inform on you if you watch Channel 4 News, or worse a series on Italian art. Can you trust your spouse with her late nights. Is she seeing someone? Or giving a secret police briefing? What a dichotomy. What a brain-feck. What misery. https://www.theneweuropean.co.uk/top-stories/dominic-cummings-spy-network-1-6495920 Quote Link to comment Share on other sites More sharing options...
smash Posted February 6, 2020 Share Posted February 6, 2020 7 hours ago, GrizzlyDave said: Well it is exactly like an advertisement though, hipster looking dude and that music. It reminds me of ads for products that allegedly solve some little personal problem or irritation, it could of easily started with - "My name is David and I used to suffer from itchy, flaky scalp, then in 2019 I switched to miracle shampoo..." Quote Link to comment Share on other sites More sharing options...
slawek Posted February 6, 2020 Share Posted February 6, 2020 ? "Although Dominic Cummings is not himself known to possess a sense of humour, it would appear some of the "weirdos and misfits" that he likes to employ do like to have a good laugh. I'm reliably informed that at a brainstorming session to think up ways of making "people feel good" about the UK's departure from the EU, Cummings suggested that January 31 should officially be known as "B-day." Spoken out loud Cummings' latest genius phrase was inevitably greeted by guffaws of laughter. It fell to Cummings' close friend Michael Gove to explain to him sotto voce precisely what a bidet was for." https://www.theneweuropean.co.uk/top-stories/mandrake-on-sarah-sands-and-dominic-cummings-1-6500807 Quote Link to comment Share on other sites More sharing options...
pig Posted February 6, 2020 Share Posted February 6, 2020 Well, well. Surely this has nothing to do with Brexit? I mean its nothing to do with boring remainer economics. It's er....other stuff. Quote Tory MP told by party attendance at far-right event 'unacceptable' Backbencher Daniel Kawczynski apologises after conference appearance in Italy https://www.theguardian.com/politics/2020/feb/06/daniel-kawczynski-tory-mp-told-by-party-attendance-at-far-right-event-unacceptable Quote Link to comment Share on other sites More sharing options...
slawek Posted February 6, 2020 Share Posted February 6, 2020 1 minute ago, pig said: Well, well. Surely this has nothing to do with Brexit? I mean its nothing to do with boring remainer economics. It's er....other stuff. https://www.theguardian.com/politics/2020/feb/06/daniel-kawczynski-tory-mp-told-by-party-attendance-at-far-right-event-unacceptable Boris is more discreet how is paid by He-Who-Must-Not-Be-Named. Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted February 6, 2020 Share Posted February 6, 2020 https://news.sky.com/story/donald-trump-apoplectic-over-boris-johnson-giving-green-light-to-huawei-11927966 Donald Trump was "apoplectic" with fury in a phone call with Boris Johnson over the prime minister’s decision to back involvement by Chinese phone giant Huawei in the UK’s 5G mobile network, it has been claimed. According to the Financial Times (FT), the US president expressed his anger "in livid terms" in a call on the day the British government announced its controversial decision, which is opposed by many senior Conservative MPs. The report of Mr Trump's anger and clash with the prime minister in a transatlantic call emerged a day after Mr Johnson was challenged on the decision in PMQs by former cabinet ministers Damian Green and David Davis. Quote Link to comment Share on other sites More sharing options...
zugzwang Posted February 6, 2020 Share Posted February 6, 2020 Tan Man 'apoplectic with rage' in phone call with Boris Johnson over Huawei decision. https://www.standard.co.uk/news/world/trump-apoplectic-with-rage-in-call-with-johnson-over-huawei-move-a4355886.html Quote Donald Trump blasted Boris Johnson with "apoplectic" rage during a heated phone call over Britain’s decision to allow Huawei into its 5G network, it has been reported. It comes after the Prime Minister defied repeated lobbying and warnings from the US to rule that the Chinese firm could play a limited role in the UK’s infrastructure. The US President had been livid with Mr Johnson in a phone call after the decision was announced last week, according to the Financial Times, which cited officials in London and Washington. One person briefed on the contents of the call described the US president as being "apoplectic" with the PM, the newspaper reported. Downing Street did not deny the report and pointed towards a No 10 version of events after the call, saying Mr Johnson had updated Mr Trump on the decision. Bozo plainly forgot that he's a rule taker not a rule maker. Quote Link to comment Share on other sites More sharing options...
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