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by Vassenor » Mon Oct 31, 2016 3:26 am

by HMS Vanguard » Mon Oct 31, 2016 3:58 am
The Nihilistic view wrote:HMS Vanguard wrote:Bullshit. This idea that the FTSE indices are unrelated to the health of the UK economy is purely a Remain invention of the past 3 months.
Major Brexiteer here as you know, I have looked at foreign earnings and possible currency fluctuations (where relevant) when picking stocks since I started investing 6/7 years ago. It's just not the sort of thing that usually makes the regular news. Companies can and can't give clues on the UK economy depending on what proportion of their earnings are from the UK among other things. I would never say it's totally unrelated but neither is it ever totally related either.
It's not an invention, it just never usually has a reason to come up.

by HMS Vanguard » Mon Oct 31, 2016 4:01 am
Hydesland wrote:HMS Vanguard wrote:You pretend that you do not understand what I am saying, or that I am talking nonsense, then you propose I do things that don't make sense unless you understood full well what I was saying.
I just misunderstood you at first. So are you going to do the calculation?Low unemployment is a result of correct pricing of labour.
How is it incoherent?
Because I'm not sure I know what it means for labour to be 'correctly priced', or why it even matters whether the result of an economic shock is to drop wages significantly (which they won't, because wages are sticky) or more unemployment, unless you think the wage decline will also cause some benign deflation (which it won't).How does currency depreciation creating an inflation shock create unemployment in conditions of sticky wages? Should rather do the opposite, if it does anything at all.
I do not think currency depreciation will create unemployment, quite the opposite, I think it might reduce unemployment.
OK: so please link to Remain promotional material that stated "the negative effects of Brexit can be eliminated by central bank action".
You're confusing campaigners with experts again.Astronomer is defined by ability to make correct positions.
No it isn't lol.My position is that pretty much everyone commenting on economics is a quack.
Your position is wrong.
I have made no specific prediction of the short term economic effects of Brexit, nor have I endorsed other peoples', nor did I base my vote in the referendum on beliefs about the short term economic effects of either option.It is if you wish to present NSG Hydesland Experts as predicting a heads outcome.

by Philjia » Mon Oct 31, 2016 5:24 am
JG Ballard wrote:I want to rub the human race in its own vomit, and force it to look in the mirror.

by The Nihilistic view » Mon Oct 31, 2016 5:34 am
Freefall11111 wrote:Should the gov. guarantee the right of EU citizens to continue living and working in the UK post-Brexit?
Yes: 58%
No: 28%
(via BMG)
I know I shouldn't be, but I'm almost surprised that the "No" side is so high.

by Imperializt Russia » Mon Oct 31, 2016 5:37 am
The Huskar Social Union wrote:Souseiseki wrote:http://metro.co.uk/2015/06/05/your-facebook-twitter-and-blog-are-about-to-be-monitored-for-references-to-the-government-5232639/
HOW DID I MISS THIS
Well i have Sassy Socialist Memes liked on Facebook soo when am i being sent off to prison as an enemy of the state?
The Nihilistic view wrote:Freefall11111 wrote:Should the gov. guarantee the right of EU citizens to continue living and working in the UK post-Brexit?
Yes: 58%
No: 28%
(via BMG)
I know I shouldn't be, but I'm almost surprised that the "No" side is so high.
Bit of a none descript question. I always worry about a poll when it's not clear what they mean and/or they don't adress the issue totally. Do they mean all EU citizens, the ones already here and do they mean with or without a reciprocal guarantee? It's different depending on those points.
Also,Lamadia wrote:dangerous socialist attitude
Imperializt Russia wrote:I'm English, you tit.

by Valaran » Mon Oct 31, 2016 5:58 am
Philjia wrote:Raheem Kassam pulls out of UKIP leadership race. http://www.bbc.co.uk/news/uk-politics-37821383
The remaining candidates are:
Suzanne Evans
Paul Nuttall
John Rees Evans
Peter Whittle
Suzanne Evans is the least unhinged, although that might make UKIP electable, so I hope either Peter Whittle (Who's too weird looking to be elected) or Paul Nuttall win.
Archeuland and Baughistan wrote:"I don't always nice, but when I do, I build it up." Valaran
Valaran wrote:To be fair though.... I was judging on coolness factor, the most important criteria in any war.
Zoboyizakoplayoklot wrote:Val: NS's resident mindless zombie
Planita wrote:you just set the OP on fire

by HMS Vanguard » Mon Oct 31, 2016 6:02 am

by Valaran » Mon Oct 31, 2016 6:19 am
HMS Vanguard wrote:Does anyone have a good idea what the ideological issues are in the UKIP leadership election? I am a hard Brexiter and politics dork and yet I haven't a clue.
Archeuland and Baughistan wrote:"I don't always nice, but when I do, I build it up." Valaran
Valaran wrote:To be fair though.... I was judging on coolness factor, the most important criteria in any war.
Zoboyizakoplayoklot wrote:Val: NS's resident mindless zombie
Planita wrote:you just set the OP on fire

by The Nihilistic view » Mon Oct 31, 2016 6:21 am
HMS Vanguard wrote:The Nihilistic view wrote:
Major Brexiteer here as you know, I have looked at foreign earnings and possible currency fluctuations (where relevant) when picking stocks since I started investing 6/7 years ago. It's just not the sort of thing that usually makes the regular news. Companies can and can't give clues on the UK economy depending on what proportion of their earnings are from the UK among other things. I would never say it's totally unrelated but neither is it ever totally related either.
It's not an invention, it just never usually has a reason to come up.
The media narrative is that FTSE 100 numbers are irrelevant to the health of the UK economy. This is a partisan fiction that didn't exist in the public consciousness before June.
Of course it's true that some FTSE 100 revenue does come from abroad, that fact just doesn't do the work the media people are trying to say it does.
In the first place, the main harm of Brexit is supposed to be worsened trade status. If that is the case, shouldn't a company that trades physical products in 30 countries, including EU countries, be expected to suffer more than a company that does accountancy work for small firms in the UK? How would the latter plausibly be affected by Brexit? In fact the main reason the 250 took a bigger initial hit and was slower to recover has not been because the 250 contains a broad class of "domestic firms", because the 250 contains a lot specifically of house builders and the house building sector is the one hardest hit. Why? Because immigration is expected to drive up house prices!
In the second, just because much revenue comes from abroad doesn't mean all of it does. The UK is still a bigger source of revenue for FTSE 100 companies than any other single country. A significant drop in the UK economy should still manifest itself as a significant drop in the FTSE 100, as everyone before June acted as if they believed, it would just be smaller than otherwise.

by Dumb Ideologies » Mon Oct 31, 2016 6:24 am
Freefall11111 wrote:Should the gov. guarantee the right of EU citizens to continue living and working in the UK post-Brexit?
Yes: 58%
No: 28%
(via BMG)
I know I shouldn't be, but I'm almost surprised that the "No" side is so high.

by HMS Vanguard » Mon Oct 31, 2016 6:28 am
Valaran wrote:HMS Vanguard wrote:Does anyone have a good idea what the ideological issues are in the UKIP leadership election? I am a hard Brexiter and politics dork and yet I haven't a clue.
afaik, UKIP's current ideological position is so confused that this election is primarily being fought on the personality and qualities of the prospective leaders, plus with some added factionalism.
Ironically, the only one that made much in the way of headlines concerning ideology was Kassam, who wanted to ban the niqab, defended Trump, and said he was against any drift 'to centrism'.
The ideological debate of the previous election mostly revolved around whether to take a hard anti-islam stance or not, and whether they are actually libertarians or quite statist, but both of those debates were relatively subdued. Very broadly speaking, UKIP is still having these debates in this election, but again they are mostly sideshows.

by Dumb Ideologies » Mon Oct 31, 2016 6:28 am
Valaran wrote:HMS Vanguard wrote:Does anyone have a good idea what the ideological issues are in the UKIP leadership election? I am a hard Brexiter and politics dork and yet I haven't a clue.
afaik, UKIP's current ideological position is so confused that this election is primarily being fought on the personality and qualities of the prospective leaders, plus with some added factionalism.
Ironically, the only one that made much in the way of headlines concerning ideology was Kassam, who wanted to ban the niqab, defended Trump, and said he was against any drift 'to centrism'.
The ideological debate of the previous election mostly revolved around whether to take a hard anti-islam stance or not, and whether they are actually libertarians or quite statist, but both of those debates were relatively subdued. Very broadly speaking, UKIP is still having these debates in this election, but again they are mostly sideshows.

by HMS Vanguard » Mon Oct 31, 2016 6:32 am
The Nihilistic view wrote:HMS Vanguard wrote:The media narrative is that FTSE 100 numbers are irrelevant to the health of the UK economy. This is a partisan fiction that didn't exist in the public consciousness before June.
Of course it's true that some FTSE 100 revenue does come from abroad, that fact just doesn't do the work the media people are trying to say it does.
In the first place, the main harm of Brexit is supposed to be worsened trade status. If that is the case, shouldn't a company that trades physical products in 30 countries, including EU countries, be expected to suffer more than a company that does accountancy work for small firms in the UK? How would the latter plausibly be affected by Brexit? In fact the main reason the 250 took a bigger initial hit and was slower to recover has not been because the 250 contains a broad class of "domestic firms", because the 250 contains a lot specifically of house builders and the house building sector is the one hardest hit. Why? Because immigration is expected to drive up house prices!
In the second, just because much revenue comes from abroad doesn't mean all of it does. The UK is still a bigger source of revenue for FTSE 100 companies than any other single country. A significant drop in the UK economy should still manifest itself as a significant drop in the FTSE 100, as everyone before June acted as if they believed, it would just be smaller than otherwise.
That's not really how it works. In the case of a firm selling say 80% of it's stuff to 30 other contries either they can put up the price abroad so the make more UK pounds or they can keep the price the same but sell more stuff as in the foriegn currency their stuff looks cheaper. With regards to the currency. Right now the trade status is not worse, they only thing to change is the UK currency so it's actually better conditions for companies bringing revenue back to the UK for the time being. The accountancy firm probably should not be worrying either though at the moment, it's generally something other businesses can't do without.

by Salandriagado » Mon Oct 31, 2016 6:35 am
Dumb Ideologies wrote:Valaran wrote:
afaik, UKIP's current ideological position is so confused that this election is primarily being fought on the personality and qualities of the prospective leaders, plus with some added factionalism.
Ironically, the only one that made much in the way of headlines concerning ideology was Kassam, who wanted to ban the niqab, defended Trump, and said he was against any drift 'to centrism'.
The ideological debate of the previous election mostly revolved around whether to take a hard anti-islam stance or not, and whether they are actually libertarians or quite statist, but both of those debates were relatively subdued. Very broadly speaking, UKIP is still having these debates in this election, but again they are mostly sideshows.
Is the niqab the ninja postbox one? Pretty hard to integrate wearing that - I can see the logic. What is the deal with kippers defending Trump? It's like a crap internet meme standing for President.

by Frank Zipper » Mon Oct 31, 2016 6:35 am

by Dumb Ideologies » Mon Oct 31, 2016 6:38 am

by Salandriagado » Mon Oct 31, 2016 6:40 am

by Philjia » Mon Oct 31, 2016 6:41 am
JG Ballard wrote:I want to rub the human race in its own vomit, and force it to look in the mirror.

by Dumb Ideologies » Mon Oct 31, 2016 6:52 am

by The Huskar Social Union » Mon Oct 31, 2016 7:31 am
Ifreann wrote:What if women in burqas are actually three economic migrants standing on each other's shoulders?
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