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OT. The futures Bright, the Futures Brexit!!!

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  • Originally posted by Geoff Parkstone View Post
    Didn't realise you or your family were farmers too Swale. My Dad used to adopt that philosophy of selling the harvest 8 to 10 months later back in the 70's too. Then he discovered the joys of futures trading an hedging. Problem was if, as often happened, global harvests were too good and the prices remained lwo and you were left with basically having to sell it into intervention - in theory a good way to stabilise prices, but often resulted in destruction of grain to avoid the longer term cost of storage. Just messy
    Not a valid post GP, it’s ‘just an anecdote’ so fails the Swale test

    Comment


    • Hey stick around.
      Swale is going to educate everyone on how a quantum vacuum has little effect on the expansion of the universe next.
      I think Google runs through his cerebral cortex , it's the only possible explanation of how the internet works.

      Comment


      • Originally posted by Geoff Parkstone View Post
        Didn't realise you or your family were farmers too Swale. My Dad used to adopt that philosophy of selling the harvest 8 to 10 months later back in the 70's too. Then he discovered the joys of futures trading an hedging. Problem was if, as often happened, global harvests were too good and the prices remained lwo and you were left with basically having to sell it into intervention - in theory a good way to stabilise prices, but often resulted in destruction of grain to avoid the longer term cost of storage. Just messy
        My brother still is, well one watched the prices, most of the time we sold to a local mill, none left now of course, except Barley for malting and wheat for bread.

        If prices remained low, the mobile feed mix truck was called and we mixed it into feed for cattle and sheep. Only rarely did we have to sell for intervention.

        Comment


        • Well I hope to have a good read of the book behind this, from Sir Anthony Seldon.

          I think we all knew that Balir was prepared to sell the country down the river for his envisaged jon as EU president(Gibraltar sacrifice as an example).
          But I didn't know Brown was setting himself up as well?

          Gordon Brown 'ruined' Tony Blair dream with furious Sarkozy row: 'F*** the Brits!'
          GORDON BROWN "ruined" Tony Blair's career dream after a furious row with then-French President Nicolas Sarkozy, according to a biography.

          The final episode of ‘Blair & Brown: The New Labour Revolution’ aired on BBC Two on Monday evening. The five-part series culminated with a look at the deterioration of the relationship between Tony Blair and Gordon Brown as they win a third consecutive General Election. Mr Blair had agreed he would not serve a full third term as Prime Minister, and was pressed for a departure date, before Mr Brown took the reins in Downing Street.

          Mr Brown quickly found out leading the country is a totally different ball game to leading the Treasury, and his popularity plummeted over a failure to call an election.

          Monday's episode details New Labour’s demise and how the public turned against Mr Brown and his Government.

          Mr Brown succeeded Mr Blair as Prime Minister on June 27, 2007. During his tenure, Mr Brown had a frosty relationship with then-French President Nicolas Sarkozy, which ultimately cost Mr Blair his dream job.

          In his book ‘Brown at 10’, published in 2010, he claimed an explosive row with Mr Sarkozy meant Mr Blair’s ambition to become the first President of the European Council.

          Mr Sarkozy had agreed to support Mr Blair in his bid to become President, but wanted Mr Brown to agree in return that the EU Commissioner for internal markets and City affairs role should be given to a French person.

          Mr Brown refused.
          Sir Anthony wrote: “When Brown met Sarkozy at the Élysée, it went very badly.
          “‘Let’s both support Blair, but what I really want is the internal market commissioner ourselves,’ Brown opened.

          “Sarkozy was struck dumb. ‘I wanted that for France,’ he said.

          “‘No, no, it’s got to be a Brit,’ Brown responded.

          “Sarkozy decided from that point on, ‘f*** the Brits’. They want everything. They want Blair for top job. They want the internal market commissioner, and they won’t have it.”
          French support for Mr Blair dwindled, and German chancellor Angela Merkel also declined to back him.

          Shortly after Mr Sarkozy and Ms Merkel had met at the Élysée Palace in October 2009, Mr Sarkozy’s most senior foreign affairs advisor, Jean-David Levitte, made it clear support for Mr Blair had disappeared.

          He said: “The UK is not in the eurozone, nor in the Schengen and it has a number of opt outs. These are not advantageous in this search for a candidate.”

          Don't you just love politicians ****ting on everyone for themselves?

          Comment


          • I see that a couple of days ago Statista revealed that, according to their research, 50% of people now feel that Brexit has been a bad thing while 37% continue to believe it was the right thing to do.

            Given the extent to which this Government likes to clamber onto the bandwagon of populism the next few months could be very interesting.

            Comment


            • Originally posted by ramAnag View Post
              I see that a couple of days ago Statista revealed that, according to their research, 50% of people now feel that Brexit has been a bad thing while 37% continue to believe it was the right thing to do.

              Given the extent to which this Government likes to clamber onto the bandwagon of populism the next few months could be very interesting.
              Yep, they asked less than 2000 people. Nice try though

              Comment


              • Originally posted by Trickytreesreds View Post
                Yep, they asked less than 2000 people. Nice try though
                Fair point. I didn’t know that and I don’t know what a typical poll sample actually is.

                Having said that... ‘YouGov’s’ most recent poll suggested that 53% believed Brexit was going badly (21% ‘fairly badly’ and 32% ‘very badly’) while a mere 18% remained positive about it (14% ‘quite positive’ and 4% ‘very positive’).

                Again I don’t know what the sample size was and I’m not sure whether you’re one of the 14% or the 4%...still you’ll be unsurprised to know that I’m one of the 32%. Funny how things can change.

                Comment


                • Originally posted by ramAnag View Post
                  Fair point. I didn’t know that and I don’t know what a typical poll sample actually is.

                  Having said that... ‘YouGov’s’ most recent poll suggested that 53% believed Brexit was going badly (21% ‘fairly badly’ and 32% ‘very badly’) while a mere 18% remained positive about it (14% ‘quite positive’ and 4% ‘very positive’).

                  Again I don’t know what the sample size was and I’m not sure whether you’re one of the 14% or the 4%...still you’ll be unsurprised to know that I’m one of the 32%. Funny how things can change.
                  It's going exactly how I expected it.
                  Ups and downs. Not piss poor like some want to portray. You have 50 years of EU intertwining to undo and it isn't going to happen over night.
                  Then you have to factor in COVID and the EU behaving like children with demands/bullying/lies.
                  Remainers keep putting the comparisons before these factors and ignoring how they have effected the continent as well.
                  Is everything rosey in the EU as well? NO it isn't.
                  Has the country gone the way of the Dodo as predicted by many? No it hasn't.

                  Johnson is on dodgy grounds at the moment for many reasons. The failure to deal with the EU and the French in particular. Add that in to the ECHR fuelling a rubber boat invasion and he's looking at a sacrificail altar.


                  Ask most Brexiteers if they want to rejoin, and you'll struggle to find one that will.
                  But you won't find that in some poxy poll of a few thousand selected few.
                  YOUGOV?
                  Have you tried it?
                  I can honestly say it is full of Guardian reading luvvies. You only have to read the comments sections. It's actually quite funny.

                  Comment


                  • Tend to agree Tricky, its going about as I had expected - more downs than ups but we're playing this game for 90 minutes, and being a goal down after 5 minutes doesn't necessarily mean anything.

                    Things will flatten out over time I'm sure - what the landscape will look like in 10 years time is what we really need to be concerned about. We may well flatten down into a worse financial position, but personally I've always expected that. Its the price to pay to get out of the USE and the horrors of tax and currency harmonisation, totally integrated foreign and defence policies.

                    The bitchfighting currently going on across the channel over fishing and refugees is entirely predictible - after all noone wants the refugees and brexit has simply give the French carte Blanche to encourage them over the water. But hopefully that will resolve itself sensibly even though we no longer share the same Junkerian leadership.

                    Its such a shame that the EU trade integration and economic cooperation plans dreamed of 60 odd years ago got driven so far off course by those with a vision of grosseres Europa, Or is is lebensraum?

                    Comment


                    • Then you get Cummings saying BoJo didn't understand until the deed had been done what "leaving the Customs Union" actually meant. He was gobsmacked was BJ. Ashen faced. Doesn't do detail our Boris, does he? Proper J Arthur.

                      Comment


                      • Originally posted by Trickytreesreds View Post
                        It's going exactly how I expected it.
                        Ups and downs. Not piss poor like some want to portray. You have 50 years of EU intertwining to undo and it isn't going to happen over night.
                        Then you have to factor in COVID and the EU behaving like children with demands/bullying/lies.
                        Remainers keep putting the comparisons before these factors and ignoring how they have effected the continent as well.
                        Is everything rosey in the EU as well? NO it isn't.
                        Has the country gone the way of the Dodo as predicted by many? No it hasn't.

                        Johnson is on dodgy grounds at the moment for many reasons. The failure to deal with the EU and the French in particular. Add that in to the ECHR fuelling a rubber boat invasion and he's looking at a sacrificail altar.


                        Ask most Brexiteers if they want to rejoin, and you'll struggle to find one that will.
                        But you won't find that in some poxy poll of a few thousand selected few.
                        YOUGOV?
                        Have you tried it?
                        I can honestly say it is full of Guardian reading luvvies. You only have to read the comments sections. It's actually quite funny.
                        ‘Ups and downs’. Well you’re certainly half right.

                        Of course you have to ‘factor in Covid’. It could be suggested it’s been very useful in terms of disguising the many failings of Brexit.

                        ‘Is everything rosy in the EU as well?’ Of course it isn’t. Who has said otherwise and what has that got to do with it?

                        ‘Ask most Brexiteers if they want to rejoin, and you’ll struggle to find one that will.’ That was really the point of my initial two posts. There used to be a majority of active voters in favour of Brexit...albeit a tiny one. That, according to the two polls, appears to have reversed...so something’s going on.

                        As far as you’re concerned one poll is insufficiently small and the other is, again according to you, made up of ‘Guardian reading luvvies’. I wouldn’t pretend to know all that, but you do seem to be being a little selective when the findings are maybe not as you would like them to be.

                        Comment


                        • Originally posted by Trickytreesreds View Post
                          YOUGOV?
                          Have you tried it?
                          I can honestly say it is full of Guardian reading luvvies. You only have to read the comments sections. It's actually quite funny.
                          Yougov is interesting because its first question tends to lead you down a path of folk who's beliefs are the same as your own.

                          I often run through yougov polls twice, once with an honest answer to the first question, once with the opposite answer. The subsequent answers for each choice are vastly different, and yes, mainly along conservative/tattooed neck vs liberal/white socks and sandals lines. As such I don't especially see the value in it, its just circle-jerking for folk who don't/can't use facebook

                          Comment


                          • What about the Gammons! Surely they have to be stereotyped into here somewhere. Probably do have tattooed nexks and white socks........?

                            Comment


                            • Originally posted by Andy_Faber View Post
                              Yougov is interesting because its first question tends to lead you down a path of folk who's beliefs are the same as your own.

                              I often run through yougov polls twice, once with an honest answer to the first question, once with the opposite answer. The subsequent answers for each choice are vastly different, and yes, mainly along conservative/tattooed neck vs liberal/white socks and sandals lines. As such I don't especially see the value in it, its just circle-jerking for folk who don't/can't use facebook
                              Andy, may I suggest you read the comments in the daily topics areas. Then perhaps you'll see what I mean.
                              My point is more about, yes the left/Liberal intellectuals love sites like this.
                              So it gets swamped with the bias of their opinion. Remain/hate the Tories/refugees welcome here/ Gay rights trump everything/ multicultualism is wonderful etc.
                              That's fine except it gets posted in papers, as YOUGOV makes "startling" prediction lol

                              A prime example for me, was the Scots survey on there showing Independence was as high as 69% for leave.
                              Well it would be if enough SNP junkies, take the time to take part.


                              RA- ‘Is everything rosy in the EU as well?’ Of course it isn’t. Who has said otherwise and what has that got to do with it?

                              It's got everything to do with it. Germany for example is predicted to perform woefully and is underperforming against Meditteranean countries at the moment. Will it continue? I certainly doubt that.
                              So had we remained, how would you be blaming UK struggles?

                              ( duh, I forgot the Tories)
                              Last edited by Trickytreesreds; 18-11-2021, 04:06 PM.

                              Comment


                              • Originally posted by Geoff Parkstone View Post
                                What about the Gammons! Surely they have to be stereotyped into here somewhere. Probably do have tattooed nexks and white socks........?
                                I’ll leave that to our resident racist

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