Current Affairs EU In or Out

In or Out

  • In

    Votes: 688 67.9%

  • Out

    Votes: 325 32.1%
  • Total voters
    1,013
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Rob17896 said:
Thing is that we need everyone. The City made an incredible mess, well global financial services did. People will push things as far as they can to make cash today, it is a part of human nature. REGULATION should be strong enough to keep this part of our nature in check. We need a strong City of London; nothing wrong with that We also need a more equitable tax system, access to opportunity and a strong manufacturing base, we do not have that. Germany does and should be admired for its strength gained through hard work, long term investment and and a real effort to be equitable. Nowhere is perfect but the UK is perverse in its attitude to society and what it values. Note our car industry, now succesful because we no longer own it.
Corbyn and his cretin of a shadow chancellor do not believe in business and are constantly blaming it for the ills of the country. Like we need more Europe we also need more business, supported long term and including a strong manufacturing base. Proper regulation is essential and so are strong businesses. We need to support both. Finally we need to spend real long term money to ensure everybody can participate. You can vote for me at....
Click to expand...
By the way. Farage etc. want out because we were on the winning side in the war and Germany has won the peace by at least 100000000000 light years and we can't compete.
 
The Esk said:
@Old Blue 2 - further evidence that there is substance to my view:

Standard Life, one of the UK's largest and most stable insurers has closed it's commercial property fund, stopping people from withdrawing funds due to concern over the future value of commercial property in the UK. Last time they did this was 2008

http://www.bbc.co.uk/news/business-36708844

https://www.theguardian.com/busines...e-shuts-property-fund-post-brexit-withdrawals
Click to expand...


So, people want to withdraw funds.

Maybe Standard Life needs to get some of the scare-mongerers by the throat and give them a good arse-kicking for scaring the crap out of people in the first place.

I seems to recall, over my many decades of being on this planet, that markets fluctuate both ways every time there is an election.

What we are simply seeing here is a big company stopping people from legitimately removing their funds from them...
 
The Esk said:
@Old Blue 2 - further evidence that there is substance to my view:

Standard Life, one of the UK's largest and most stable insurers has closed it's commercial property fund, stopping people from withdrawing funds due to concern over the future value of commercial property in the UK. Last time they did this was 2008

http://www.bbc.co.uk/news/business-36708844

https://www.theguardian.com/busines...e-shuts-property-fund-post-brexit-withdrawals
Click to expand...

Denial from those on here tonight.

Outright denial.

Blown out of the water
 
Old Blue 2 said:
Anything which has gone before is technically 'precedent', in that it has gone before... For example, theguitar in my avatar is a Gibson Les Paul Standard, with two humbucking pickups. The precedent for the humbucking pickup was set by Seth Lover of Gibson in the mid-50s, for which a patent was obtained. Other companies that have put humbucking pickups in their guitars since then are merely following the precedent set by Gibson. Simples!

But the legal definition is different, in that it means 'binding'.
Click to expand...

Cambridge English Dictionary: Precedent

"an action, situation or decision that has already happened and can be used as a reason why a similar action or decision should be performed or made"

Old Blue 2 said:
What we are simply seeing here is a big company stopping people from legitimately removing their funds from them...
Click to expand...

What we see is an insurer protecting the interests of existing investors by not allowing a run on a fund. The run is caused by investors taking the view commercial property prices will fall as a result of lower economic activity.
 
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