The Cost of Brexit

[747]

John52 - 2020-01-13 4:31 PM

 

FunsterJohn - 2020-01-13 2:08 PM

 

John52 - 2020-01-13 2:27 PM

 

FunsterJohn - 2020-01-13 1:20 PM

 

John52 - 2020-01-13 1:46 PM

 

FunsterJohn - 2020-01-12 1:00 PM

 

John52 - 2020-01-12 1:37 PM

 

FunsterJohn - 2020-01-12 11:05 AM

The biggest threat facing companies and the reason for lack of investment wasn't Brexit but fear of Corbyn.

So why did the pound fall when F*ck Business BoJo 'won' *-)

 

Is that the pound that's hovering around the highest point that it's been for a year?

 

Now that companies know that we're not going to have a Marxist who, as usual, will trash the economy, many are already hiring and expanding.

 

Fear of Comrade Corbyn and his fellow travellers has been responsible for business not investing.

 

Thank God we're now safe from the evils of Socialism for a generation, if not forever.

 

Of course there are other factors that affect the exchange rate.

But in the aftermath of the election, the biggest factor was that F*ck Business Bojo would be leading us instead of Jeremy Corbyn. How ever much you squirm you can't get away from the fact the pound FELL. Just as it did when he won the Brexit vote. Was that coincidence as well *-)

 

Are we on the same planet? When Boris won the pound surged as did shares. You are weird.

 

I hope the Guardian's OK with you? If I'd linked to the Mail you'd have been banging on again about things being manipulated. And that didn't turn out so well for you did it?

 

https://www.theguardian.com/business/2019/dec/13/pound-stages-biggest-rally-in-almost-three-years-on-tory-victory

 

 

Look at the date that was printed

Then google a graph of the pound dollar rate and look at what happened when F*ck Business Bojo actually got in *-)

 

It was printed the day after the general election when Brilliant Boris secured an 80 seat victory and consigned socialism to the garbage bin of history. Do you remember, that was the day that Boris won?

 

Here's another one for you:

 

https://www.independent.co.uk/news/uk/politics/general-election-result-pound-dollar-euro-exit-poll-tory-boris-johnson-a9244661.html

 

Whatever affected the markets slightly after Boris's stunning win, these reports clearly indicate that those same markets were far happier that Boris won than if the Right Honourable Jeremy Corbyn MP, 2 A Levels (Grade E) 2 General Elections (Failed) was going to be in charge.

 

 

 

 

Why can't you just google the pound dollar rate and see the week after F*ck Business BoJo 'won' the election?

See the figures for yourself instead of getting everything second hand from a 'journalist'

 

You are showing your ignorance of financial matters. I have checked the £ for the period you are talking about. The £ shot up on December 13th (no surprise there then). The currency dealers (who had bought the £ when it was low) sold their £ holdings when it had gone up. A lot of selling of a currency causes a dip in its value (which is what you are currently harping on about). Once the rush was over, the £ returned to its higher (post GE result) level. I have just checked the Forex GBPUSD chart even though I knew what to expect. It has also confirmed another fact ... that you are a moron who knows feck all about the subject. *-)

[Brian Kirby]

jumpstart - 2020-01-14 8:17 AM

 

Not really sure what the conclusion is, we don’t know what would have happened if we had stayed out ,we don’t know what will happen in the future. To say we all knew where the eec was heading is a slight exaggeration as in those days the “plebs” didn’t know where it would end up. Joining the common market was a good idea. The rest.........

I don't think he is arguing that "we all knew where the EEC is heading": in fact, the opposite - that what we "knew" was that it was heading somewhere, and that it would be better to be engaged than absent.

 

The puzzler for me is why our two main parties have changed place to such an extent in their attitudes to the EEC/EU. They have completely changed places to a far greater extent than I had realised, with a substantially Europhile Conservaitve party becoming substantially Eurosceptic, while a substantially Eurosceptic Labour party has become Europhile. Why?

 

So, here's a longish article that seems to me an accurate reflection of how, and why, that change came about. Interesting, if you have the will to read it all. In fact, I'd say, essential reading. https://tinyurl.com/qqqs8k8

[747]

Wrong link?

[Brian Kirby]

You're so right, Jim. Many thanks. :-) This is the correct link https://tinyurl.com/sgv32ux

[John52]

747 - 2020-01-14 9:46 AM

 

John52 - 2020-01-13 4:31 PM

 

FunsterJohn - 2020-01-13 2:08 PM

 

John52 - 2020-01-13 2:27 PM

 

FunsterJohn - 2020-01-13 1:20 PM

 

John52 - 2020-01-13 1:46 PM

 

FunsterJohn - 2020-01-12 1:00 PM

 

John52 - 2020-01-12 1:37 PM

 

FunsterJohn - 2020-01-12 11:05 AM

The biggest threat facing companies and the reason for lack of investment wasn't Brexit but fear of Corbyn.

So why did the pound fall when F*ck Business BoJo 'won' *-)

 

Is that the pound that's hovering around the highest point that it's been for a year?

 

Now that companies know that we're not going to have a Marxist who, as usual, will trash the economy, many are already hiring and expanding.

 

Fear of Comrade Corbyn and his fellow travellers has been responsible for business not investing.

 

Thank God we're now safe from the evils of Socialism for a generation, if not forever.

 

Of course there are other factors that affect the exchange rate.

But in the aftermath of the election, the biggest factor was that F*ck Business Bojo would be leading us instead of Jeremy Corbyn. How ever much you squirm you can't get away from the fact the pound FELL. Just as it did when he won the Brexit vote. Was that coincidence as well *-)

 

Are we on the same planet? When Boris won the pound surged as did shares. You are weird.

 

I hope the Guardian's OK with you? If I'd linked to the Mail you'd have been banging on again about things being manipulated. And that didn't turn out so well for you did it?

 

https://www.theguardian.com/business/2019/dec/13/pound-stages-biggest-rally-in-almost-three-years-on-tory-victory

 

 

Look at the date that was printed

Then google a graph of the pound dollar rate and look at what happened when F*ck Business Bojo actually got in *-)

 

It was printed the day after the general election when Brilliant Boris secured an 80 seat victory and consigned socialism to the garbage bin of history. Do you remember, that was the day that Boris won?

 

Here's another one for you:

 

https://www.independent.co.uk/news/uk/politics/general-election-result-pound-dollar-euro-exit-poll-tory-boris-johnson-a9244661.html

 

Whatever affected the markets slightly after Boris's stunning win, these reports clearly indicate that those same markets were far happier that Boris won than if the Right Honourable Jeremy Corbyn MP, 2 A Levels (Grade E) 2 General Elections (Failed) was going to be in charge.

 

 

 

 

Why can't you just google the pound dollar rate and see the week after F*ck Business BoJo 'won' the election?

See the figures for yourself instead of getting everything second hand from a 'journalist'

 

You are showing your ignorance of financial matters. I have checked the £ for the period you are talking about. The £ shot up on December 13th (no surprise there then). The currency dealers (who had bought the £ when it was low) sold their £ holdings when it had gone up. A lot of selling of a currency causes a dip in its value (which is what you are currently harping on about). Once the rush was over, the £ returned to its higher (post GE result) level. I have just checked the Forex GBPUSD chart even though I knew what to expect. It has also confirmed another fact ... that you are a moron who knows feck all about the subject. *-)

FFS You must be reading the chart backwards

Gawd this is hard work

https://www.exchangerates.org.uk/GBP-USD-exchange-rate-history.html

Thursday 12 December 2019 1 GBP = 1.3470 USD

Friday 13 December 2019 1 GBP = 1.3332 USD

Saturday 14 December 2019 1 GBP = 1.3332 USD

Sunday 15 December 2019 1 GBP = 1.3353 USD

Monday 16 December 2019 1 GBP = 1.3255 USD

Tuesday 17 December 2019 1 GBP = 1.3123 USD

Wednesday 18 December 2019 1 GBP = 1.3085 USD

Thursday 19 December 2019 1 GBP = 1.3017 USD

Friday 20 December 2019 1 GBP = 1.3005 USD

[Bulletguy]

Brian Kirby - 2020-01-14 5:09 PM

 

This is the correct link https://tinyurl.com/sgv32ux

Very interesting read Brian though having ''European" on a blue strapline, i suspect few will bother to read it. :-|

[John52]

747 - 2020-01-14 9:46 AMYou are showing your ignorance of financial matters. I have checked the £ for the period you are talking about. The £ shot up on December 13th

 

Let me see if I can put it any clearer *-)

https://www.exchangerates.org.uk/GBP-USD-exchange-rate-history.html

Thursday 12 December 2019 1 GBP = 1.3470 USD

Friday 13 December 2019 1 GBP = 1.3332 USD

 

When you get less dollars for one pound, that does not mean 'The £ shot up'

That means the pound has gone DOWN

[FunsterJohn]

John52 - 2020-01-14 8:56 PM

 

747 - 2020-01-14 9:46 AMYou are showing your ignorance of financial matters. I have checked the £ for the period you are talking about. The £ shot up on December 13th

 

Let me see if I can put it any clearer *-)

https://www.exchangerates.org.uk/GBP-USD-exchange-rate-history.html

Thursday 12 December 2019 1 GBP = 1.3470 USD

Friday 13 December 2019 1 GBP = 1.3332 USD

 

When you get less dollars for one pound, that does not mean 'The £ shot up'

That means the pound has gone DOWN

 

As usual you are lying and dissembling. You claim that F*ucked Corbyn Boris has trashed the pound. To back this up you start with the rate on December 12th, election day. The markets were open all night awaiting the exit polls. When that wonderful exit poll was announced and the fear of Corbyn was gone the money markets responded with a big rise in the pound. The figure that you quote of €1.3470 is the end of trading at midnight on the twelfth when a Tory government was assured.

 

If you'd been honest and taken the exchange rate for the day before, December 11th, it was €1.3198. After the exit poll it ended at €1.3470. As you say on the 13th it was 1.332 which is higher than on the 11th! So after the exit poll the pound jumped in value only to settle a bit lower the following day!

 

On December 1st for instance it was €1.2911.

 

Since then we've had the turmoil in the Middle East and the hike in oil prices which has slightly depressed the pound but it has steadied and today is at €1.30, more than it was on December 1st

 

So on December 1st it was 1.2911, on the 11th it was 1.3198 and today it's 1.30.

 

And you're claiming that F*cked Corbyn Boris has trashed the the pound? As 747 said. You're a moron who will write any lies with the hope that no one will check but, once again, you've been found out.

[John52]

FunsterJohn - 2020-01-14 11:41 PM

(waffle & tripe removed).

 

As usual you are lying and dissembling. This is what I am calling out because it is simply wrong

 

747 - 2020-01-14 9:46 AMYou are showing your ignorance of financial matters. I have checked the £ for the period you are talking about. The £ shot up on December 13th

 

The £ did not shoot up on December 13th

 

[John52]

FunsterJohn - 2020-01-14 11:41 PM

And you're claiming that F*cked Corbyn Boris

 

I never said that either

What is 'F*cked Corbyn Boris'

[FunsterJohn]

John52 - 2020-01-15 6:15 AM

 

FunsterJohn - 2020-01-14 11:41 PM

And you're claiming that F*cked Corbyn Boris

 

I never said that either

What is 'F*cked Corbyn Boris'

 

I never said the you did. It was me that said it. Your ramblings get even more strange.

[FunsterJohn]

John52 - 2020-01-15 6:13 AM

 

FunsterJohn - 2020-01-14 11:41 PM

(waffle & tripe removed).

 

As usual you are lying and dissembling. This is what I am calling out because it is simply wrong

 

 

Your latest ploy when you're destroyed is to say 'waffle and tripe removed'. This saves you the unpleasant task of trying to refute my arguments, which usually show you up to be this forum's serial liar.

 

To recap; You claimed that because the pound ended at $1.3470 on December 12th and has since dropped that F*cked Corbyn Boris has trashed the pound.

 

But you were too thick to realise that the pound only leapt to that figure because the currency markets reacted to the exit polls and breathed a huge sigh of relief that Corbyn would not be in power. The figure was at close of trading at midnight on election day.

 

The day before election day it was much lower and the day after election day it dropped slightly but was still much higher than the day before election day.

 

All your lying claims ignored this obvious fact and in your desire to accuse the Tories of trashing the pound you deliberately started your exchange rates at the peak figure after the exit polls had made the pound shoot up.

 

As I've said before. You are a shameless liar, or to be kind it could be, that in this case, you're just being very stupid and you really didn't understand that the rate on December 12th was after the exit polls. Which is it, are you just dim or were you being your usual mendacious self?

[John52]

FunsterJohn - 2020-01-15 10:59 AM

 

Your latest ploy when you're destroyed is to say 'waffle and tripe removed'.

 

Because none of it was relevant

I was replying to this;

 

John52 - 2020-01-14 7:56 PM

 

747 - 2020-01-14 9:46 AMYou are showing your ignorance of financial matters. I have checked the £ for the period you are talking about. The £ shot up on December 13th

 

Let me see if I can put it any clearer *-)

https://www.exchangerates.org.uk/GBP-USD-exchange-rate-history.html

Thursday 12 December 2019 1 GBP = 1.3470 USD

Friday 13 December 2019 1 GBP = 1.3332 USD

 

When you get less dollars for one pound, that does not mean 'The £ shot up'

That means the pound has gone DOWN

 

747 posted a simple basic assertion that was totally and obviously wrong, and then accused me of being the one who is ignorant of financial matters. I thought this couldn't get dafter - till you came along. :D

 

I also pointed out the general direction of the pound was down for the week after THE RESULT OF THE ELECTION.

But rather than accept any of that you went off on your usual bluff and bluster, waffle and tripe speculation about the effect election polls may have had. *-)

[FunsterJohn]

John52 - 2020-01-15 7:52 PM

 

FunsterJohn - 2020-01-15 10:59 AM

 

Your latest ploy when you're destroyed is to say 'waffle and tripe removed'.

 

Because none of it was relevant

I was replying to this;

 

John52 - 2020-01-14 7:56 PM

 

747 - 2020-01-14 9:46 AMYou are showing your ignorance of financial matters. I have checked the £ for the period you are talking about. The £ shot up on December 13th

 

Let me see if I can put it any clearer *-)

https://www.exchangerates.org.uk/GBP-USD-exchange-rate-history.html

Thursday 12 December 2019 1 GBP = 1.3470 USD

Friday 13 December 2019 1 GBP = 1.3332 USD

 

When you get less dollars for one pound, that does not mean 'The £ shot up'

That means the pound has gone DOWN

 

747 posted a simple basic assertion that was totally and obviously wrong, and then accused me of being the one who is ignorant of financial matters. I thought this couldn't get dafter - till you came along. :D

 

I also pointed out the general direction of the pound was down for the week after THE RESULT OF THE ELECTION.

But rather than accept any of that you went off on your usual bluff and bluster, waffle and tripe speculation about the effect election polls may have had. *-)

 

What has what 747 said got to do with me? Why did you insert his quote into a reply to me?

 

And I correctly pointed out your ignorance when you highlighted the pound's highest value without realising that it only reached that figure after the exit polls and threat of a Corbyn government had receded.

 

You in your usual lying and deceitful way forgot to mention this crucial fact and stated that Boris's victory trashed the pound when it actually raised its value. What happened days after is another issue but the pound still hasn't been 'trashed' as it is at a similar level to what it was in early December.

 

So once more I ask. Did you not know that the reason for the pound's jump on the 12th was because of the exit polls or did you choose to lie, as you often do? Was it ignorance or mendacity?

 

It would be nice if just for once you actually answered my points rather than diverting or employing your whataboutery skills.

[Brian Kirby]

Bulletguy - 2020-01-14 6:43 PM

Brian Kirby - 2020-01-14 5:09 PM

This is the correct link https://tinyurl.com/sgv32ux

Very interesting read Brian though having ''European" on a blue strapline, i suspect few will bother to read it. :-|

Shame really, but I guess you're right. It's a think tank funded by corporate donations from an impressive number of private firms.

 

Now, I wanna tell you a storeee, as someone used to say. :-D

 

While I was punting around trying to find out why the two main parties executed such a volte face, I came across a reference to information in the Leveson Report. Eh?

 

The report is - literally - voluminous. 5 volumes, in fact, each running to several hundred pages, but all downloadable here https://tinyurl.com/o5prwn2 in .pdf format from the government website. Volume 2 is the relevant volume. If you do a search thorough that for "Europe", the fourth hit should take you to page 684, where you will find reference (para 9.41) to Full Fact having monitored press accuracy since April 2010. If you carry on, at para 9.53, you will find this: "Articles relating to the European Union, and Britain’s role within it, accounted for a further category of story where parts of the press appeared to prioritise the title’s agenda over factual accuracy."

 

I was a bit puzzled by this at first, as Leveson was the Phone Hacking Enquiry, was it not? So I then re-read the title of the report, which is :"AN INQUIRY INTO THE CULTURE, PRACTICES AND ETHICS OF THE PRESS", so 'phone hacking plus - though I don't recall seeing anyone refer to it by its full title. As the title implies, it was far wider than just phone hacking.

 

Intrigued, I decided to see what Full Fact had actually said, and discovered that although the report is on the government website, the witness statements and evidence submitted to the enquiry have now been sent to the National Archive at Kew. The relevant bits can be found here: https://tinyurl.com/qvp7zq9 The interesting submission is the second. You can also find an interesting witness statement by Alistair Campbell here: https://tinyurl.com/w9w2r62 (you need to click on "C") and another by Tony Blair here: https://tinyurl.com/tjwn3me

 

The Full Fact submission is long and quite detailed, and instances a large number of cases in which the press distorts the facts, or the meaning, of various reports and events, giving the headlines used, summarising the thrust of the articles, and deconstructs the distortions by showing the original texts or reports from which they were derived.

 

The shorthand for what they demonstrate is consistent lying and distortion of issues to fit the papers' political agendas. I can only say it was an eye-opener and, the further I read, the more I came to understand how people are generally being misled and influenced.

 

I then started on the Campbell and Blair statements, and was surprised how open both were about the extent to which politicians are in fear of the press, and yet are dependent upon the press to communicate with the public.

 

Some may regard all this as boring and uninteresting (and hopelessly tainted by the inclusion of Blair and Campbell - 'though there are plenty of others to choose from!), but the message I get is that what we think of as democracy, is in fact being subverted by powerful, influential, newspaper owners with political agendas, who are manipulating their readers to their own ends, and are answerable to no-one.

 

I'd be interested to see if anyone else has sufficient inclination to follow this up, and whether they then get the same sense of unease that I do about the state of our democracy. It is all from 2011/12, so well before the Brexit referendum, but I think I'm now beginning to glimpse, for the first time, just why the UK voted for Brexit - and it has little to do with politicians. Mind, I'm no clearer what it does have to do with. Paranoia? :-D

[Barryd999]

In all the arguing over whether the pound went up or down a bit when Johnson got elected and saved us all from Corbyn your forgetting one thing. What will happen to it when the Tories fcuk up Brexit and we end up finally falling off that cliff edge some of you seem to desire. Unless Johnson caves of course and we end up staying in the EU in all but name for another two years. I guess we will find out what business and the markets think about Johnson, the Tories and a botched or no deal brexit then huh. They have about seven months to achieve a comprehensive trade deal, frictionless trade, access to the single market and all the other security stuff and cake they said we would get. Some say this would normally take five to ten years. Chop Chop!

[Bulletguy]

Brian Kirby - 2020-01-15 10:29 PM

 

Bulletguy - 2020-01-14 6:43 PM

Brian Kirby - 2020-01-14 5:09 PM

This is the correct link https://tinyurl.com/sgv32ux

Very interesting read Brian though having ''European" on a blue strapline, i suspect few will bother to read it. :-|

Shame really, but I guess you're right. It's a think tank funded by corporate donations from an impressive number of private firms.

 

Now, I wanna tell you a storeee, as someone used to say. :-D

 

While I was punting around trying to find out why the two main parties executed such a volte face, I came across a reference to information in the Leveson Report. Eh?

 

The report is - literally - voluminous. 5 volumes, in fact, each running to several hundred pages, but all downloadable here https://tinyurl.com/o5prwn2 in .pdf format from the government website. Volume 2 is the relevant volume. If you do a search thorough that for "Europe", the fourth hit should take you to page 684, where you will find reference (para 9.41) to Full Fact having monitored press accuracy since April 2010. If you carry on, at para 9.53, you will find this: "Articles relating to the European Union, and Britain’s role within it, accounted for a further category of story where parts of the press appeared to prioritise the title’s agenda over factual accuracy."

 

I was a bit puzzled by this at first, as Leveson was the Phone Hacking Enquiry, was it not? So I then re-read the title of the report, which is :"AN INQUIRY INTO THE CULTURE, PRACTICES AND ETHICS OF THE PRESS", so 'phone hacking plus - though I don't recall seeing anyone refer to it by its full title. As the title implies, it was far wider than just phone hacking.

 

Intrigued, I decided to see what Full Fact had actually said, and discovered that although the report is on the government website, the witness statements and evidence submitted to the enquiry have now been sent to the National Archive at Kew. The relevant bits can be found here: https://tinyurl.com/qvp7zq9 The interesting submission is the second. You can also find an interesting witness statement by Alistair Campbell here: https://tinyurl.com/w9w2r62 (you need to click on "C") and another by Tony Blair here: https://tinyurl.com/tjwn3me

 

The Full Fact submission is long and quite detailed, and instances a large number of cases in which the press distorts the facts, or the meaning, of various reports and events, giving the headlines used, summarising the thrust of the articles, and deconstructs the distortions by showing the original texts or reports from which they were derived.

 

The shorthand for what they demonstrate is consistent lying and distortion of issues to fit the papers' political agendas. I can only say it was an eye-opener and, the further I read, the more I came to understand how people are generally being misled and influenced.

 

I then started on the Campbell and Blair statements, and was surprised how open both were about the extent to which politicians are in fear of the press, and yet are dependent upon the press to communicate with the public.

 

Some may regard all this as boring and uninteresting (and hopelessly tainted by the inclusion of Blair and Campbell - 'though there are plenty of others to choose from!), but the message I get is that what we think of as democracy, is in fact being subverted by powerful, influential, newspaper owners with political agendas, who are manipulating their readers to their own ends, and are answerable to no-one.

 

I'd be interested to see if anyone else has sufficient inclination to follow this up, and whether they then get the same sense of unease that I do about the state of our democracy. It is all from 2011/12, so well before the Brexit referendum, but I think I'm now beginning to glimpse, for the first time, just why the UK voted for Brexit - and it has little to do with politicians. Mind, I'm no clearer what it does have to do with. Paranoia? :-D

Blimey Brian that's some serious pdf files and legal docs galore there!! 8-)

 

Yes the Leveson inquiry was about phone hacking as i remember being surprised at how Brooks wormed her way out of that, helped in no small part by Murdoch.

 

It's long been said that Murdoch decides which party is going to govern UK and i think there's an element of truth in that.

 

We also know now of the lies which took us to war with Iraq.....unfortunately history has a habit of repeating itself.

[jumpstart]

I started reading papers when at school aged 13 and quite enjoyed reading as many as possible. I do the same now but on the Internet. So I agree with Brian it is worrying if all the information we are given in the press is tainted to the degree that is indicated. So really you can’t blame the people who voted to leave if they are given one sided information.

[Barryd999]

jumpstart - 2020-01-16 8:53 AM

 

I started reading papers when at school aged 13 and quite enjoyed reading as many as possible. I do the same now but on the Internet. So I agree with Brian it is worrying if all the information we are given in the press is tainted to the degree that is indicated. So really you can’t blame the people who voted to leave if they are given one sided information.

 

To be fair half of us never fell for it all.

[jumpstart]

Granted but what did you base your information on? Even the BBC was biased in format. If all media has an agenda to suit their political aims , how would you form a balanced opinion.

[malc d]

jumpstart - 2020-01-16 9:28 AM

 

Granted but what did you base your information on? Even the BBC was biased in format. If all media has an agenda to suit their political aims , how would you form a balanced opinion.

 

 

To get a balanced view these days I think you need to read / watch a range of regulated media, i.e. a number of different TV channels and more than one newspaper.

These may be biased - but if you refer to several, the bias will ' balance out '.

 

...and, unlike social media, regulated media is not allowed to tell blatant lies.

 

Social media should be taken as seriously as what you hear down the pub ( i.e. ignored )

 

:-|

[John52]

FunsterJohn - 2020-01-15 7:24 PM

 

John52 - 2020-01-15 7:52 PM

 

FunsterJohn - 2020-01-15 10:59 AM

 

Your latest ploy when you're destroyed is to say 'waffle and tripe removed'.

 

Because none of it was relevant

I was replying to this;

 

John52 - 2020-01-14 7:56 PM

 

747 - 2020-01-14 9:46 AMYou are showing your ignorance of financial matters. I have checked the £ for the period you are talking about. The £ shot up on December 13th

 

Let me see if I can put it any clearer *-)

https://www.exchangerates.org.uk/GBP-USD-exchange-rate-history.html

Thursday 12 December 2019 1 GBP = 1.3470 USD

Friday 13 December 2019 1 GBP = 1.3332 USD

 

When you get less dollars for one pound, that does not mean 'The £ shot up'

That means the pound has gone DOWN

 

747 posted a simple basic assertion that was totally and obviously wrong, and then accused me of being the one who is ignorant of financial matters. I thought this couldn't get dafter - till you came along. :D

 

I also pointed out the general direction of the pound was down for the week after THE RESULT OF THE ELECTION.

But rather than accept any of that you went off on your usual bluff and bluster, waffle and tripe speculation about the effect election polls may have had. *-)

 

What has what 747 said got to do with me? Why did you insert his quote into a reply to me?

 

And I correctly pointed out your ignorance when you highlighted the pound's highest value without realising that it only reached that figure after the exit polls and threat of a Corbyn government had receded.

 

You in your usual lying and deceitful way forgot to mention this crucial fact and stated that Boris's victory trashed the pound when it actually raised its value. What happened days after is another issue but the pound still hasn't been 'trashed' as it is at a similar level to what it was in early December.

 

So once more I ask. Did you not know that the reason for the pound's jump on the 12th was because of the exit polls or did you choose to lie, as you often do? Was it ignorance or mendacity?

 

It would be nice if just for once you actually answered my points rather than diverting or employing your whataboutery skills.

Why would the markets go by the polls instead of the result *-)

When F*ck Business BoJo was confirmed and made his speeches the pound fell.

Thats it

The rest is whataboutery, Waffle & Tripe.

 

[FunsterJohn]

It really is time that the Left stopped whinging about the media. You didn't lose because of media bias, you lost because you had a Labour Party led by a Marxist whose credentials had been exposed to scrutiny over the last three years and was found to be dim, poorly-educated, anti-Semitic and who favoured our enemies over his own country. You lost because of a manifesto that was pie-in-the-sky promises that would have bankrupted the country. You lost because your Dear Leader was too thick to come off the fence on Brexit and just confirmed what many thought, that he is a weak idiot who wouldn't have the guts to make hard choices if for instance, one of our territories was invaded.

 

The media hasn't changed. We have the Times, Telegraph, Mail and Express. You have the Guardian, The Mirror and the BBC. Anyone reading the pre-election character assassinations in the Guardian and Mirror would find it laughable to read about media bias being only on the right.

 

Apart from which, voters tend to read the papers that already suit their political leanings. Traditional Labour voters do not buy the Daily Mail or the Telegraph so can't have been influenced by them. What happened in the election however, is that traditional Labour voters who read the Mirror still switched to the Tories because of Corbyn and his history and his policies.

 

Stop whinging about media bias. What does it matter if the owner of the Mail is a billionaire? Whoever owned it would still be rooting for the Tories. Would you lot ban rich people from owning newspapers and using their organs to promote the cause of free enterprise and capitalism? Yes, you probably would actually. Get over it. You were thrashed and you were thrashed because of Corbyn and his obvious Marxism and not because some press baron warped the minds of 'simple northerners'. Ordinary people aren't stupid and they know a crock of sh*t when it's presented to them.

[Barryd999]

jumpstart - 2020-01-16 9:28 AM

 

Granted but what did you base your information on? Even the BBC was biased in format. If all media has an agenda to suit their political aims , how would you form a balanced opinion.

 

A lot of fact finding I guess from many sources and not much main stream biased media, Followed and became friends with experts like Jason Hunter, read articles and opinion pieces from "experts". Put it all together and it was clearly all a crock of sh1t. The problem was the more you tried to point this out to those that believed all the Brexit lies the more entrenched they became. People tried to point out the good things about being EU members but it pretty much always ended up with each side slinging mud at each other and each side becoming more stubborn and entrenched. The media of course played a massive part in egging on the discourse and division as its massively (by readership) in favour of Brexit and sadly thats where most people get their information. I think there was a tendency for a lot of people to follow their echo chambers and stick their heads in the sand. You only have to go back and look at all the links on here from Brexiteers. Without looking 90% of them will be from the Mail, Express and the Sun etc.

[FunsterJohn]

John52 - 2020-01-16 11:05 AM

 

Why would the markets go by the polls instead of the result *-)

When F*ck Business BoJo was confirmed and made his speeches the pound fell.

Thats it

The rest is whataboutery, Waffle & Tripe.

 

The day before the election the pound was at 1.3198. On election day and after the exit poll the pound shot up to 1.3470 because of the market's joy that F*cked Corbyn Boris would be in charge. The day after the election the pound steadied at 1.3332, higher than the day before the election.

 

It is now trading at 1.31, which is higher that it was at the beginning of December and much higher than the last six months' average of 1.2655.

 

And you're wittering on about Boris having trashed the pound? Are you on drugs?