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A SHORT LIVED RECOVERY ?

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Re: A SHORT LIVED RECOVERY ?

Postby B25 » Tue Jan 21, 2020 9:19 am

I'll just put this here:

https://uk.reuters.com/article/us-brita ... d3b4WTgiYo

For all those doubters.
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Re: A SHORT LIVED RECOVERY ?

Postby cyprusgrump » Tue Jan 21, 2020 10:30 am

B25 wrote:I'll just put this here:

https://uk.reuters.com/article/us-brita ... d3b4WTgiYo

For all those doubters.



Splendid! :P
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Re: A SHORT LIVED RECOVERY ?

Postby cyprusgrump » Tue Jan 21, 2020 11:58 am

Oh and this today too... :P

IMF: UK ECONOMY TO OUTGROW EUROZONE

The IMF has predicted that the UK economy will outpace the Eurozone in its new forecasts released yesterday. The forecasts, stretching two years in the future, show the UK’s growth will accelerate in both 2020 and 2021. Despite Brexit…

Only the US and Canada are set to grow faster out of the world’s major advanced economies. Brexit Britain is set to grow faster than Eurozone poster-states France and Germany, in fact the IMF is forecasting that 3 fastest growing countries in the G7 will all be outside the EU……
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Re: A SHORT LIVED RECOVERY ?

Postby cyprusgrump » Wed Jan 22, 2020 6:29 pm

BUSINESS CONFIDENCE BOOMS AS THREAT OF CORBYN DIES

The CBI’s rolling survey of British business confidence in the UK has seen optimism in British factories hit its highest level since 2014; leaping from -44 in October to +23 in January. Prizes for guessing what event in between may have triggered the leap…

The leap – coming only a week before Britain finally Brexits – is confirmation that growth is settling into top gear since the pre-Election uncertainty was ended, and once again undermines the arguments of remainers with the biggest quarterly swing since records began in 1958. The Boris bounce in action proving the gloomsters and doomsters wrong…


Any comment Bordo...?
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Re: A SHORT LIVED RECOVERY ?

Postby B25 » Wed Jan 22, 2020 7:58 pm

he is still licking his wounds!
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Re: A SHORT LIVED RECOVERY ?

Postby B25 » Tue Feb 04, 2020 2:27 pm

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Re: A SHORT LIVED RECOVERY ?

Postby Londonrake » Wed Feb 05, 2020 7:59 am

And the Guardian is the most anti-Brexit UK news sheet of them all.

Nissan were one of the principle car industry exponents of Project Fear. I have the vague recollection of arguing with Tim about their threats at the time. This doesn’t surprise me at all.
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Re: A SHORT LIVED RECOVERY ?

Postby Paphitis » Wed Feb 05, 2020 9:51 am

Well the British economy is far too large a market and London is still the second biggest financial market on the planet. It's far too big for the EU to ignore and play hardball.

The EU would only be shooting themselves in the foot if they do not come up with some kind of FTA by the end of the year.

All the British Government had to do was call the EU's bluff, which they did in the end after 3.5 years of shooting themselves in the foot and scaremongering.

Now all the biggest businesses want to open offices in the UK, to maintain their British market after BREXIT.

And now the British Government has the upper hand and has walked all over the EU criminal bureaucrat leeches.
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Re: A SHORT LIVED RECOVERY ?

Postby Paphitis » Wed Feb 05, 2020 10:01 am

miltiades wrote:I rejected religious nonsense more than 50 years ago, also rejected the idea that my motherland is a foreign country, I embraced Cyprus and I can honestly confess Im the happiest man alive !!


Right now, religious organizations are the only sane people around, which is why there are 1 million Australian Students enrolled in religiously run private schools.

Why do I say that? Well as a parent, you want your children to not get brainwashed with stupidly insane social engineering and you also want your kids to be hanging around other kids from well grounded families in society with some-kind of moral fibre and upbringing.

My worst nightmare is if any of my children bring home someone who isn't Orthodox. Can you imagine they bring home someone of a different religion, or worse a Muslim? I know I am discriminating but I admit I will go into a meltdown. Not going to happen in my household.

I know it may seem old fashioned, but our oldies really did know what they were on about. And the upbringing starts from day 1. The children need to be introduced to the right families and hang around the right kids. It might sound like a proxy, but the way things work in my household is that the children are already getting to know the kids we hope they will be marrying and arrangements and discussion has already taken place.

Look at the Royal Family. They let in a Hollywood Star, and now they are a shambles. that's the second time that's happened! :shock:

What does that say about Hollywood?

Living in a country like Australia, it is especially important that the children are taught their own language as well, and grow up firmly entrenched in their Hellenic Culture and that isn't going to happen with any mixed marriages. My children have been to Greece and Cyprus 4 times in their fist 9 years of life and now that they are older, we plan to ramp that up even more.

I use to be anti them too, but now I'm a father, I am pushing them to be closer to their religion because it is one of the key enablers in maintaining a healthy structure and psychology, and maintain their language and Hellenic culture.

Right now they go to an Anglican School, and they are going there because of that schools reputation. But I could so easily enroll them into an Orthodox one.

I know you don't have to be necessarily religious to be a moral person. Plenty of Atheists are also moral too, but in my experience religion does help and molds more empathetic individuals, but a religious person is more likely to question themselves after they have done wrong. And it is a good foundation in maintain structure and preserving our language, culture and way of life, especially in the diaspora.

I'm terribly sorry if some "liberal" thinking people are offended by this outlook because they want to be all inclusive and gain social points from their vitual signalling. But I'm not interested in social points when it comes to serious matters such as this. I'm interested in my families thousand year old traditions and culture and I expect it to continuously be passed down through the generations. So I am not so flippant about these serious matters like you are.
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Re: A SHORT LIVED RECOVERY ?

Postby supporttheunderdog » Wed Feb 05, 2020 6:05 pm



Interesting reading - I can remember watching planes take off from where the factory now is, though I missed the Vulcan landing there, and I worked about a mile from it for a few years. Have friends who work there still.

Nissan is part of the Renault Nissan Mitsubishi alliance, with Renault holding over 44% of Nissan voting stock. In that respect although Nissan is far larger than Renault, Renault has effective control over the Alliance due to its significant voting stake in Nissan and its Nissan board seats. The single largest shareholder in Renault is the French government and that might have the effect of placing Nissan under French government control.

Further Nissan is struggling, with first quarter sales down 6% and revenues down 13% and profit down 99%. Second quarter sales drop in car numbers was 7.5% and profit was down 70% against Q2 18. They are cutting jobs, with 10% of the workforce going. The former MD predicts Nissan would likely go under within the next two to three years.

The later part of the article actually casts doubt on the whole Idea of Nissan setting up shop in Britain: Nissan would have to escape the Alliance before it could abandon the EU. For logistical reasons breaking the alliance could be hard,where EG most of the Nissan light commercials sold in Europe are rebadged Renault. Then, apart from a denial by Nissan that any split is on the cards, and while the Nissan denial may not be genuine, reaching the parameters of taking a 20% market share of the UK market is going to be difficult.

Rather under the influence of tariffs, where breaking free could be hard, under the current arrangements I would expect a strong call for Nissan to move production to France.
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