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Theresa May's declaration.

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Re: Theresa May's declaration.

Postby Paphitis » Sat Oct 08, 2016 11:43 am

miltiades wrote:
Paphitis wrote:
miltiades wrote:" In 2014, the United Kingdom exported $472B and imported $663B, resulting in a negative trade balance of $191B."

Exports will undoubtedly benefit from a week Sterling, but imports will go up considerably.

The outlook for the British economy over the next few years is not exactly encouraging.


here is a tip for you.

In 5 years time, Britain will be laughing at the EU.

trade deficits are not a good measure of the economy either. Most industrialized countries have trade deficits.

Your opinion, not that of economists or investors. If this was the case then Stg would be on the up.
Wrong again mate.
By the way, Germany's record trade surplus in 2015; US, UK, France in deficit


the Sterling will go up. When that is I can't tell you.

but I would guess that with a low Sterling, foreign investment will be on the rise. That is usually the case because the Sterling is artificially low.

These are not opinions. You are having BREXIT. to be fair its only to be expected that the markets need a period of adjustment.

this is not a permanent state of affairs. And even if it was, I would sooner be happy with a lower sterling than have the indignity of having to tolerate those stupid Euro Technocrats. An exchange rate of 1.11 to the Euro isn't the worse thing. Nor is it a measure of the resilience of the british economy.
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Re: Theresa May's declaration.

Postby Zenon33 » Sat Oct 08, 2016 12:50 pm

At least she is better than Corbyn.
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Re: Theresa May's declaration.

Postby miltiades » Sat Oct 08, 2016 1:45 pm

Zenon33 wrote:At least she is better than Corbyn.

Piaston ena je fakkaton pas ton allon :lol:
The chances of Corbyn becoming a PM are a little less than ...my chances! :lol:
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Re: Theresa May's declaration.

Postby Jerry » Sat Oct 08, 2016 3:14 pm

And in the news today I read of Nissan considering moving production of the new Nissan Juke to Europe, it can't wait for two years to see what tariffs are agreed. Nissan is the UK's largest car maker producing about one third of UK car output. The factory is in Sunderland where over 60% voted to leave the EU. I always thought that many (but not all) Geordies were thick.

http://www.independent.co.uk/news/busin ... 48066.html
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Re: Theresa May's declaration.

Postby Paphitis » Sat Oct 08, 2016 4:11 pm

Considering? Sounds like a beat up to me.

Chances of Nissan going through all the expense of moving when chances are the FTA with the EU will remain, is very far fetched!
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Re: Theresa May's declaration.

Postby Schnauzer » Sat Oct 08, 2016 4:19 pm

Zenon33 wrote:At least she is better than Corbyn.



Funny you should make such a comment since, according to recent events and the political 'Flack' that this Gentleman has survived, He could be considered as the most decent person for the job as PM when the only comparisons available are the 'Goons' which (of either party) relatively recently preceded him and brought the UK into the pass it is now in.

I do not think Jeremy Corbyn nurtures any aspirations to become known as a 'Wartime Premier' like some of His predecessors and there are no great scandals surrounding His private life.

Perhaps He is too well qualified to take on the roll of PM (in the future) He comes across as a Man not easily 'Bought' and one who would not stand by and (if in power) allow the 'Gung Ho' attitudes of those that oppose him to flourish.

Might even prove to be the saviour of the 'Downtrodden Brits' if given half a chance......I think I like Him. :wink:
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Re: Theresa May's declaration.

Postby Paphitis » Sat Oct 08, 2016 4:23 pm

He's too weak and doesn't have the support of his party.

Also no character or personality.

The Labor Party need to do something because he just doesn't cut it. Not Prime Ministerial like Theresa.

The last leader they had was Blair himself.
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Re: Theresa May's declaration.

Postby Jerry » Sat Oct 08, 2016 4:31 pm

Paphitis wrote:Considering? Sounds like a beat up to me.

Chances of Nissan going through all the expense of moving when chances are the FTA with the EU will remain, is very far fetched!


But they already have plants in Europe and work in partnership with Renault who own 43% of Nissan shares. Would you wait two years to decide where your new model will be produced? You should study the link I posted.
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Re: Theresa May's declaration.

Postby Schnauzer » Sat Oct 08, 2016 4:33 pm

Paphitis wrote:He's too weak and doesn't have the support of his party.

Also no character or personality.

The Labor Party need to do something because he just doesn't cut it. Not Prime Ministerial like Theresa.

The last leader they had was Blair himself.


:lol: :lol: Isn't THAT where it all started as 'Tony' pandered to His own aspirations to become a 'Wartime Premier' ?. :lol: :lol:

Nice post mate, I think you are aiming for a 'Full House' on the forum...... be My guest. :wink:
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Re: Theresa May's declaration.

Postby Paphitis » Sat Oct 08, 2016 4:41 pm

Schnauzer wrote:
Paphitis wrote:He's too weak and doesn't have the support of his party.

Also no character or personality.

The Labor Party need to do something because he just doesn't cut it. Not Prime Ministerial like Theresa.

The last leader they had was Blair himself.


:lol: :lol: Isn't THAT where it all started as 'Tony' pandered to His own aspirations to become a 'Wartime Premier' ?. :lol: :lol:

Nice post mate, I think you are aiming for a 'Full House' on the forum...... be My guest. :wink:


You mean you disagree with Blair.

Oh dear! I know many a Cypriot who voted for him just because.

At least he looked the goods and displayed leadership. He had no choice but to become a wartime leader.

The stuff in Syria would have still occurred regardless.
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