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Brexit 101

  #691 (permalink)
 carofa 
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Fixit is the word for Finland leaving . Finland joint the Eu with a referendum in 1994 . Only 56.9% of voters approved it.

You will find in older News a lot of hints why Fixit is possible (not now because of the Brexit-Drama)
https://www.reuters.com/article/us-finland-government-finnsparty-hallaah-idUSKBN16L2DE

the problem is mainly the Greek bailout. If a country/State/City can not go bankruptcy like Detroit... you better ..!!??



I would say it is better to stay if you see a bright future ! However if you believe that a black swan is coming you better leave.

The EU is not able to handel big problems at all ! Eurobonds are not solving any Problems .

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  #692 (permalink)
 dk27 
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Some weirdos babbling years ago is really irrelevant.


carofa View Post
Fixit is the word for Finland leaving . Finland joint the Eu with a referendum in 1994 . Only 56.9% of voters approved it.

You will find in older News a lot of hints why Fixit is possible (not now because of the Brexit-Drama)
https://www.reuters.com/article/us-finland-government-finnsparty-hallaah-idUSKBN16L2DE

the problem is mainly the Greek bailout. If a country/State/City can not go bankruptcy like Detroit... you better ..!!??



I would say it is better to stay if you see a bright future ! However if you believe that a black swan is coming you better leave.

The EU is not able to handel big problems at all ! Eurobonds are not solving any Problems .


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  #693 (permalink)
 carofa 
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dk27 View Post
Some weirdos babbling years ago is really irrelevant.

Please some more respect to History a lot of traders look all day long in Charts !

Rule no 1
“THERE IS NOTHING NEW IN WALL STREET. THERE CAN’T BE BECAUSE SPECULATION IS AS OLD AS THE HILLS. WHATEVER HAPPENS IN THE STOCK MARKET TODAY HAS HAPPENED BEFORE AND WILL HAPPEN AGAIN.”

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  #694 (permalink)
 dk27 
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Not sure what is history to you or the rest of your post, but True Finns are bunch of weirdos to say at least. Anyway the thread is about Brexit, cheers.


carofa View Post
Please some more respect to History a lot of traders look all day long in Charts !

Rule no 1
“THERE IS NOTHING NEW IN WALL STREET. THERE CAN’T BE BECAUSE SPECULATION IS AS OLD AS THE HILLS. WHATEVER HAPPENS IN THE STOCK MARKET TODAY HAS HAPPENED BEFORE AND WILL HAPPEN AGAIN.”

Rules : https://www.marcellagerwerf.com/jesse-livermore-quotes/

LEGENDS OF TRADING: THE STORY OF JESSE LIVERMORE


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  #695 (permalink)
 
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 jtrade 
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https://www.bbc.com/news/uk-politics-47614074

If Brexit was a political series on Netflix, all the critics would say it was too far-fetched (= unreal/unbelievable).


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  #696 (permalink)
 
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 srgtroy 
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jtrade View Post
https://www.bbc.com/news/uk-politics-47614074

If Brexit was a political series on Netflix, all the critics would say it was too far-fetched (= unreal/unbelievable).


Its right up there with The Apprentice: White House Edition!

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  #697 (permalink)
 
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 jtrade 
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30 March.... UK still in EU....

<yawn>

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  #698 (permalink)
 
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 srgtroy 
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jtrade View Post
30 March.... UK still in EU....

<yawn>

Time flies when you're having fun.

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  #699 (permalink)
 
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 xplorer 
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LONDON (Reuters) - The United Kingdom has lost 6.6 billion pounds in economic activity every quarter since it voted to leave the European Union, according to S&P Global Ratings, the latest company to estimate the damage from Brexit.

In a report published on Thursday, the ratings agency’s senior economist, Boris Glass, said the world’s fifth-biggest economy would have been about 3 percent larger by the end of 2018 if the country had not voted in a June 2016 referendum to leave the EU.

Quarterly growth rates would have averaged about 0.7 percent, rather than 0.43 percent, he said.

“Immediately after the referendum, the pound fell by about 18 percent. This was the single most pertinent indicator of the impact of the vote and the drag it created, via inflation, has been spreading through the economy,” he said.

As imports became more expensive, inflation started to rise, curbing household spending. S&P estimated inflation was 1.8 percent higher than it would otherwise have been by the third quarter 2017.



Article on Reuters

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  #700 (permalink)
 carofa 
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xplorer View Post
LONDON (Reuters)
“Immediately after the referendum, the pound fell by about 18 percent. [/URL]

That is good news for the economy! that is what Trump is dreaming of !

outstanding negative-yielding debt past $10 trillion on Friday.
https://www.bloomberg.com/news/articles/2019-03-26/world-of-negative-debt-expands-to-one-fifth-of-global-market

1. They are outside of this "negative interest world" !
2. They get rid of those money from outside !
3. No Deflation !

The economy of EU and Japan and Switzerland are sick very sick

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