BFTD Posted April 13, 2021 Share Posted April 13, 2021 With this level of insight, I'm slightly concerned that DPB might not have somebody sensible managing his affairs. Who knows? 0 Quote Link to comment Share on other sites More sharing options...
strichener Posted April 13, 2021 Share Posted April 13, 2021 1 hour ago, bendan said: Does Mike Ashley own JD Sports? Not yet! 0 Quote Link to comment Share on other sites More sharing options...
John Lambies Doos Posted April 17, 2021 Author Share Posted April 17, 2021 A lot of this could have stayed/gone to Edinburgh. What a waste, all caused by the Brit natters https://www.rte.ie/news/business/2021/0416/1210313-financial-firms-and-brexit/ 0 Quote Link to comment Share on other sites More sharing options...
tongue_tied_danny Posted April 17, 2021 Share Posted April 17, 2021 2 hours ago, John Lambies Doos said: A lot of this could have stayed/gone to Edinburgh. What a waste, all caused by the Brit natters https://www.rte.ie/news/business/2021/0416/1210313-financial-firms-and-brexit/ The sad thing is that many brexit types either don't care or would even see this a victory. After all finance isn't a real industry and bankers are all overpaid metropolitan types who live in ivory towers and didn't matriculate at the university of life. Gammons are far more indignant about hearing someone speak Polish in the queue at Tesco than about any loss to the exchequer that they can't actually see with their own eyes. 6 Quote Link to comment Share on other sites More sharing options...
strichener Posted April 17, 2021 Share Posted April 17, 2021 5 hours ago, tongue_tied_danny said: The sad thing is that many brexit types either don't care or would even see this a victory. After all finance isn't a real industry and bankers are all overpaid metropolitan types who live in ivory towers and didn't matriculate at the university of life. Gammons are far more indignant about hearing someone speak Polish in the queue at Tesco than about any loss to the exchequer that they can't actually see with their own eyes. When was the last time manufacturing caused a decades worth of austerity. Whilst I agree that the current setup somehow places banks at the top of the food chain and therefore provides large profits to the businesses involved and subsequently the Exchequer. However there can be no illusion that current financing models are anything other than wholesale gambling. 0 Quote Link to comment Share on other sites More sharing options...
DiegoDiego Posted April 17, 2021 Share Posted April 17, 2021 However there can be no illusion that current financing models are anything other than wholesale gambling.The word current is redundant there, but what system do you want instead? One without mortgages, without small business loans, without cash ISAs or pensions, without car insurance? 0 Quote Link to comment Share on other sites More sharing options...
strichener Posted April 17, 2021 Share Posted April 17, 2021 2 minutes ago, DiegoDiego said: The word current is redundant there, but what system do you want instead? One without mortgages, without small business loans, without cash ISAs or pensions, without car insurance? Ah, traditional financing. The halcyon days. Not a CFD, leveraged ETF or other exotic mechanisms in sight. Do you really think that Banks make their excessive profits from these markets? If so, I have a rather profitable (for me) transaction where you can be the couter-party. 0 Quote Link to comment Share on other sites More sharing options...
DeeTillEhDeh Posted April 17, 2021 Share Posted April 17, 2021 When was the last time manufacturing caused a decades worth of austerity. Whilst I agree that the current setup somehow places banks at the top of the food chain and therefore provides large profits to the businesses involved and subsequently the Exchequer. However there can be no illusion that current financing models are anything other than wholesale gambling.With deindustrialisation being the norm across most Western economies that's unlikely to change. 0 Quote Link to comment Share on other sites More sharing options...
DiegoDiego Posted April 17, 2021 Share Posted April 17, 2021 Ah, traditional financing. The halcyon days. Not a CFD, leveraged ETF or other exotic mechanisms in sight. Do you really think that Banks make their excessive profits from these markets? If so, I have a rather profitable (for me) transaction where you can be the couter-party.What? No, I'm making the point that finance, and all business, boils down to gambling and the hope that your assumptions and predictions prove correct more often than not. 0 Quote Link to comment Share on other sites More sharing options...
Jacksgranda Posted April 19, 2021 Share Posted April 19, 2021 https://www.bbc.co.uk/news/56763859 0 Quote Link to comment Share on other sites More sharing options...
Baxter Parp Posted April 22, 2021 Share Posted April 22, 2021 Quick reminder. 1 Quote Link to comment Share on other sites More sharing options...
coprolite Posted April 22, 2021 Share Posted April 22, 2021 On 17/04/2021 at 17:06, strichener said: When was the last time manufacturing caused a decades worth of austerity. Whilst I agree that the current setup somehow places banks at the top of the food chain and therefore provides large profits to the businesses involved and subsequently the Exchequer. However there can be no illusion that current financing models are anything other than wholesale gambling. Is it still gambling if you can't lose? 0 Quote Link to comment Share on other sites More sharing options...
strichener Posted April 22, 2021 Share Posted April 22, 2021 (edited) 2 hours ago, coprolite said: Is it still gambling if you can't lose? Phree money! Not quite as Credit Suisse investors would attest. Edited April 22, 2021 by strichener 0 Quote Link to comment Share on other sites More sharing options...
Baxter Parp Posted April 23, 2021 Share Posted April 23, 2021 https://www.irishtimes.com/opinion/eu-is-in-a-more-stable-place-than-uk-and-us-despite-vaccine-woes-1.4544875?mode=amp&__twitter_impression=trueEU is in a more stable place than UK and US despite vaccine woesMember states emerging from Covid crisis more bonded than US and UK 1 Quote Link to comment Share on other sites More sharing options...
Baxter Parp Posted April 24, 2021 Share Posted April 24, 2021 Credit to someone on Reddit 0 Quote Link to comment Share on other sites More sharing options...
SandyCromarty Posted April 25, 2021 Share Posted April 25, 2021 Much hooraying from the tories last week that Truss had ALMOST entered a trade deal with Australia. A couple of days after that Australia announced that it will prioritise it's trade deal with the EU. Tories shat on and the Daily Express calls it a 'Brexit Disaster'. Common fuckin sense would tell you that it's better to have a trade deal with the EU's 27 countries with a 447 million population rather than a deal with one country with a 60 million population. Did the Brexiteers ever mention that on their campaign? Did they think that the UK was that popular throughout the world that other countries would fall over themselves to do generous deals. Or did they forget the Imperialistic tag still lingers with many nations. The sooner Scotland is Independent the better. 1 Quote Link to comment Share on other sites More sharing options...
German Jag Posted April 25, 2021 Share Posted April 25, 2021 1 hour ago, SandyCromarty said: Much hooraying from the tories last week that Truss had ALMOST entered a trade deal with Australia. A couple of days after that Australia announced that it will prioritise it's trade deal with the EU. Tories shat on and the Daily Express calls it a 'Brexit Disaster'. Common fuckin sense would tell you that it's better to have a trade deal with the EU's 27 countries with a 447 million population rather than a deal with one country with a 60 million population. Did the Brexiteers ever mention that on their campaign? Did they think that the UK was that popular throughout the world that other countries would fall over themselves to do generous deals. Or did they forget the Imperialistic tag still lingers with many nations. The sooner Scotland is Independent the better. Agree with your sentiment, the population of Australia is ca. 26 million though. 0 Quote Link to comment Share on other sites More sharing options...
John Lambies Doos Posted April 25, 2021 Author Share Posted April 25, 2021 Agree with your sentiment, the population of Australia is ca. 26 million though.I think the 60mill he was referring too was the population of the UK. 0 Quote Link to comment Share on other sites More sharing options...
German Jag Posted April 25, 2021 Share Posted April 25, 2021 3 minutes ago, John Lambies Doos said: 17 minutes ago, German Jag said: Agree with your sentiment, the population of Australia is ca. 26 million though. I think the 60mill he was referring too was the population of the UK. Which is 68 million and not 60 million. 1 Quote Link to comment Share on other sites More sharing options...
SANTAN Posted April 25, 2021 Share Posted April 25, 2021 He has a point. It's a well known fact countries are only allowed trade deals with 1 other country maximum. We've fucked it. 0 Quote Link to comment Share on other sites More sharing options...
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