Current Affairs EU In or Out

[peteblue]

Why is it that the € hasn't suffered against the dollar to the extent that the £ has?

Further to this.....

Brexit could spark a total collapse of the single currency and the economic bloc, JPMorgan chief executive Jamie Dinon warned.

Speaking at the International Institute of Finance he said Britain's departure “made the chances of the eurozone not surviving in the next decade five times higher,” reported the Financial Times.

Early days though......And assuming he's an expert, I'd take it with a pinch of salt.......

 

[magicjuan]

who is bothered what you get up to mate?
everyday you will be on multiple cctv. in shops banks roads, even walking past your neighbours if they have them, internet is monitored already, phone calls as well, ring a bank and say the wrong key word and it gets flagged up by various systems, your mobile lets anybody interested, know were you are ever minute you have it turned on I don't give it a second thought , if they said they were going to microchip everybody in the Uk and monitor us I still wouldn't be.

It isn't just existing surveillance, it is about public perception and ease with its purpose and justification.

The advent of cctv, internet monitoring etc has created a belief that 'reasons' put forward ' images found on his hardrive', 'cctv confirms' when the opportunity to abuse these now given proofs is greater than ever. Video images are easily doctored, moreso stills taken from it, and similar with internet useage, all it needs is the seed to be planted.

Other than that, the mapping of behaviour and advertising and marketing targeting leaves me feeling cold. We've walked into this blindly but willingly.

Strangely, iirc, Liverpool has the greatest amount of cctv per capita certainly in this country, if not Europe wide.

 

[The Esk]

Why is it that the € hasn't suffered against the dollar to the extent that the £ has?

In simple terms because the markets correctly recognise that Brexit will cause the British economy far more damage than it will the EU economy.

 

[Toffeelover]

It isn't just existing surveillance, it is about public perception and ease with its purpose and justification.

The advent of cctv, internet monitoring etc has created a belief that 'reasons' put forward ' images found on his hardrive', 'cctv confirms' when the opportunity to abuse these now given proofs is greater than ever. Video images are easily doctored, moreso stills taken from it, and similar with internet useage, all it needs is the seed to be planted.

Other than that, the mapping of behaviour and advertising and marketing targeting leaves me feeling cold. We've walked into this blindly but willingly.

Strangely, iirc, Liverpool has the greatest amount of cctv per capita certainly in this country, if not Europe wide.

Mate what you say leaves me cold as well. I can look at a website say for clothes and decide not buying and then leave. But when I am looking at another site totally different an advert pops up from the clothes site showing what I was looking at.

We are all being tagged of that there is no doubt. Now I never buy online always by landline to the retailer.

 

[ilikecheese]

In simple terms because the markets correctly recognise that Brexit will cause the British economy far more damage than it will the EU economy.

*pulls up chair and waits for Pete to get home from the pub

 

[peteblue]

In simple terms because the markets correctly recognise that Brexit will cause the British economy far more damage than it will the EU economy.

Posted earlier.....

"Brexit could spark a total collapse of the single currency and the economic bloc, JPMorgan chief executive Jamie Dinon warned.

Speaking at the International Institute of Finance he said Britain's departure “made the chances of the eurozone not surviving in the next decade five times higher,” reported the Financial Times."

 

[Toffeelover]

*pulls up chair and waits for Pete to get home from the pub

Might need one of these while you wait, could be a long time.

Darn he just got in before my post.lol

 

[Toffeelover]

Posted earlier.....

"Brexit could spark a total collapse of the single currency and the economic bloc, JPMorgan chief executive Jamie Dinon warned.

Speaking at the International Institute of Finance he said Britain's departure “made the chances of the eurozone not surviving in the next decade five times higher,” reported the Financial Times."

Really? do you have a link Mate?

 

[ToffeeTim]

In simple terms because the markets correctly recognise that Brexit will cause the British economy far more damage than it will the EU economy.

This isn't as clear cut as you claim. As I've said before I see the pound strengthening and the loss of the UK crippling the EU. I'm pretty certain this will happen inside 2-3 years.

I'm baffled at how quick some are to downplay the strength of the UK economy and UK business.

 

[The Esk]

Posted earlier.....

"Brexit could spark a total collapse of the single currency and the economic bloc, JPMorgan chief executive Jamie Dinon warned.

Speaking at the International Institute of Finance he said Britain's departure “made the chances of the eurozone not surviving in the next decade five times higher,” reported the Financial Times."

Of course he's going to say that. The last thing the American banks want is Brexit (even less so than I do) as it will cost them a fortune having invested so heavily in London.

 

[peteblue]

Of course he's going to say that. The last thing the American banks want is Brexit (even less so than I do) as it will cost them a fortune having invested so heavily in London.

And yet if Brexit is so bad, then the City of London banking industry would fall apart and most of the business would go to New York........funny that the Americans don't want that......

 

[peteblue]

This isn't as clear cut as you claim. As I've said before I see the pound strengthening and the loss of the UK crippling the EU. I'm pretty certain this will happen inside 2-3 years.

I'm baffled at how quick some are to downplay the strength of the UK economy and UK business.

This is standard practice for the remainers, not one of them can see a single benefit in exiting the EU, which in itself tells you something.......

 

[The Esk]

And yet if Brexit is so bad, then the City of London banking industry would fall apart and most of the business would go to New York........funny that the Americans don't want that......

Most of the business would go to Frankfurt which the Americans certainly don't want. The scale of their investment in the UK is huge, particularly in people, they don't want to have to unwind that investment and start over again in Frankfurt.

 

[peteblue]

Most of the business would go to Frankfurt which the Americans certainly don't want. The scale of their investment in the UK is huge, particularly in people, they don't want to have to unwind that investment and start over again in Frankfurt.

No it wouldn't, and even the European bankers have admitted so. Frankfurt etc are minuscule by comparison and do not have the skills or competency to trade the amount of trades that London and New York perform.......London will continue and prosper and it it doesn't then they all go to New York.......

 

[Toffeelover]

Most of the business would go to Frankfurt which the Americans certainly don't want. The scale of their investment in the UK is huge, particularly in people, they don't want to have to unwind that investment and start over again in Frankfurt.

Then they should stay put and fight it out instead of whinging. If the EU does take away the passport rights, they will suffer as well. TBH half the EU is on it's uppers anyway and more trying to get in - Albania, Montengro, Bosnia are examples.