Cyprus-Forum.com

[kurupetos]

...as coincidence will have it, my wife is Greek, her island had a population of 200 when she left at eight years old.

Among other things, why i love my wife, she taught me how to find the stones, the right stones, to wipe my ass, sometimes more easily found than toilet paper, and, closer to nature.

...i can imagine, alone, what Kurupetos would do with the Mona Lisa, i doubt a rock would inspire him, but it is not a pretty picture.

It's your last chance, RW...

...yes kurupetos, i imagine you are right; the last time i heard that, it was the "Greeks" running away, with the "Turks" advancing, and the rest of us stayed in our village, i remember.

Next time is more important than last time.

Will there be a next time??

Dream on, Elam bum boy, dream on....

Was there a previous time, dog?

[kurupetos]

...what do "you" mean kurupetos?

That running away is more important?

...all i can say is thank-you, at least, fewer of my compatriots were murdered for "your" cause because deep down "you" are cowards, anytime the mayhem begins sure to run away.

If i hate the "others" it is not because i am with you, it is because "they" are no different to "you".

I respect and recognise that you are my brother, as a Cypriot, yet, i think you forget having so much fun, the way.

What happened and what will happen, RW?

[Robin Hood]

The UK banking and financial system creates ‘numbers’ it does not create jobs by investing in the wealth creating manufacturing industries, it simply feeds numbers into the financial system and their ‘products’demonstrated as soaring Stock Markets and huge rises in property prices ..... all deemed as ‘assets’. The BoE created £375bn by QE and it ALL went to the banks and then the financial system to create these assets .... not the intended jobs. These assets have no substance ..... they represent perceived wealth only and they can crash dramatically if someone trips them up. Thus the UK is primarily an asset based economy not a wealth based economy. In short the financial system gives an impression of wealth rather than real wealth. It is in effect a Ponzi scheme ..... and there has never been one of those that was a success ..... they all fail eventually.

Apologies for been out of date, but I really don't have the time to catch up.That was a great post, and I showed the above extract today to someone who just returned from a short visit London. He was telling me how great London is how many jobs there are everywhere etc etc. I asked if he thinks there is a lot of money circulating around.He said yes beyond anything you can imagine. He said people are buying land and houses like crazy because of all that money. Someone builts a complex everything gets sold within a week at very dear prices say 700K each house (or appartment? he didn't specify) They do this because he said within a year it may well get sold for 1 million.
I entered 3G on my mobile and showed him your post!!....

He then got speechless

This is also part of the problem for the UK. With an economy so dependent on the financial sector, in or out of the EU the UK will suffer more than others in the EU if/when the system tumbles. Contrary to Paphitis' oft expressed opinion that every thing is just wonderful and the present problems are just a blip in the economy ....... these economists seem to think differently. They identify the problem but don't come up with a solution. IMO: A solution can only be reformation of the system ..... there is no other choice!

This is just one reason for taking anything Paphtis says that is related to the monetary system, banking or to economics ……... with a large pinch of salt! This is how economists see the World’s economy ………from Washington’s Blog;

Worst Economy In 5,000 Years?

According to Bank of England economist Andy Haldane, Bank of America Merrill Lynch economist Michael Hartnett and others, we’ve got the lowest interest rates in 5,000 years:

The inventor of quantitative easing – economics professor Richard Werner – says that it’s a myth that interest rates drive the level of economic activity. According to Werner, the data shows that rates lag the economy.

In other words, interest rates respond to what’s already happened in the economy. So does having the lowest interest rates in 5,000 years imply that we’ve had the worst economy in 5,000 years?

We don’t know, but there are quite a few signs that something is very wrong with the world economy …


http://www.globalresearch.ca/worst-econ ... rs/5529911

[repulsewarrior]

...what do "you" mean kurupetos?

That running away is more important?

...all i can say is thank-you, at least, fewer of my compatriots were murdered for "your" cause because deep down "you" are cowards, anytime the mayhem begins sure to run away.

If i hate the "others" it is not because i am with you, it is because "they" are no different to "you".

I respect and recognise that you are my brother, as a Cypriot, yet, i think you forget having so much fun, the way.

What happened and what will happen, RW?

my guess, we return to where we came from.

[Robin Hood]

I never did have much time for the French ...... and I think the Germans will join them!

Again a reference to “ Britain’s core ‘industry’, financial services “.......... except they are NOT an industry as they produce nothing in the form of wealth ..... just fund more assets in an ever expanding financial/housing asset bubble! POP! Not if ...... but when?

Fearful of EU disintegration and mired in crisis, France wants Britain punished for Brexit revolt

“I would be very tough [on this point],” said Sylvie Goulard, a French MEP who sits on the committee for economic and monetary affairs. “I see no reason to give passporting to a country that decides in a sovereign way to leave the EU… The day the U.K. leaves … you cannot consider the British supervising authority as an authority of the EU.”
Such a response could have a devastating impact on the UK’s core industry, financial services.

The City of London financial district is the place with most at stake in the Brexit debate. Its two biggest rivals, Paris and Frankfurt, are vying to take a piece of the action. If Britain left the EU, member countries might re-evaluate whether to recognize clearing houses such as LCH.Clearnet, and may push to force all clearing houses to be based inside the EU — as the European Central Bank has already suggested should be the case.

A Britain-less EU might even try to draw business away from the City of London. “I can tell you there is already intense thinking about creating a financial hub on the Continent,” said Elisabeth Guigou, Socialist head of the foreign affairs committee in France’s lower house National Assembly. The fact that Frankfurt is home to the European Central Bank’s lavish headquarters makes it the most likely contender but that won’t stop Paris from laying claim to its share of the spoils.
But ultimately it’s not opportunism that is driving the French government’s calls for a hardline approach to a post-Brexit Britain; it’s fear. A vote to leave the EU has the potential to unleash a mass stampede towards the EU’s doors — doors that as yet do not open from the inside. The French government would clearly like to keep it that way.

http://www.blacklistednews.com/Fearful_of_EU_Disintegration_and_Mired_in_Crisis%2C_France_Wants_Britain_Punished_for_Brexit_Revolt/51805/0/38/38/Y/M.html

In my book ......... ‘A vote to leave the EU has the potential to unleash a mass stampede towards the EU’s doors — doors that as yet do not open from the inside. The French government would clearly like to keep it that way.’ ........ is the reason why France and Germany fear a ‘YES’ for a Brexit.

[repulsewarrior]

...i don't think the EU will dissolve, with or without Britain it will have to reform itself, to be more attractive to the voting public, more transparent essentially because it has as an aim to demonstrate: efficiency, effectiveness, and equitability.

Varoufakis comes to mind, because he has identified the EU's most significant weakness, corrupt or not corrupt, it appears so because their meetings have no public witness, and no published minutes.

Margins of scale do provide benefits; at the advent, it is always a question of to whom.

[Robin Hood]

...i don't think the EU will dissolve, with or without Britain it will have to reform itself, to be more attractive to the voting public, more transparent essentially because it has as an aim to demonstrate: efficiency, effectiveness, and equitability.

Varoufakis comes to mind, because he has identified the EU's most significant weakness, corrupt or not corrupt, it appears so because their meetings have no public witness, and no published minutes.

Margins of scale do provide benefits; at the advent, it is always a question of to whom.

I don't think the EU will dissolve either but I think that many other countries will want to return the EU to a trading partnership but without the obvious Federalisation I believe that had the referendum question been that, rather than a simple IN/OUT the vote would be OUT and many countries would follow suit.

I just watched this .... a 30 minute YouTube video of What happens when someone who knows what they are talking about tries to get the message over to a bunch of people who don’t ............

Prof Patrick Minford schools the idiots in Parliament about the EU and trade

https://www.youtube.com/watch?v=leKEUT1TiLU&app=desktop

[GreekIslandGirl]

One final sleepless night!

And ..... I have been given someone else's proxy vote too! Yipeeeee!

[Lordo]

yours is negatum. i have 5 proxy votes in 5 different places all legitemate.

[GreekIslandGirl]

Wotcha going to vote, then?