Currently headline on front page of BBC News: "Bank of England hints at
earlier and larger rate rises"

Inside it reads: "The Bank of England has indicated that the pace of
interest rate increases could accelerate if the economy remains on its
current track."

So all sounds very negative for the average reader, right?

Where is the article does it mention that the reason for all that is
that the economy is growing faster and is stronger than the BoE had
predicted?

On Thu, 8 Feb 2018 15:06:56 +0000, JoeJoe wrote:

Currently headline on front page of BBC News: "Bank of England hints at
earlier and larger rate rises"

Inside it reads: "The Bank of England has indicated that the pace of
interest rate increases could accelerate if the economy remains on its
current track."

So all sounds very negative for the average reader, right?

No, not at all.

At last savings rates might be expessed using integers.

Brexiter have demonstrated perfectly well that they are clueless about
the amount Britain imports, how would they equate bigger mortgages and
unemployment with Brexit?


Where is the article does it mention that the reason for all that is
that the economy is growing faster and is stronger than the BoE had
predicted?

"Than predicted" being the operative phrase.

AB

On Thu, 8 Feb 2018 15:06:56 +0000, JoeJoe wrote:

Currently headline on front page of BBC News: "Bank of England hints at
earlier and larger rate rises"

Inside it reads: "The Bank of England has indicated that the pace of
interest rate increases could accelerate if the economy remains on its
current track."

So all sounds very negative for the average reader, right?

Where is the article does it mention that the reason for all that is
that the economy is growing faster and is stronger than the BoE had
predicted?

Because it isn't.

--
insert witty sig here

"JoeJoe" wrote in message
...
Currently headline on front page of BBC News: "Bank of England hints at
earlier and larger rate rises"

Inside it reads: "The Bank of England has indicated that the pace of
interest rate increases could accelerate if the economy remains on its
current track."

the sooner it comes about the better

extended period of ZIRP is doing the county much harm

tim

On Thu, 8 Feb 2018 16:42:41 -0000, "tim..."
wrote:



"JoeJoe" wrote in message
...
Currently headline on front page of BBC News: "Bank of England hints at
earlier and larger rate rises"

Inside it reads: "The Bank of England has indicated that the pace of
interest rate increases could accelerate if the economy remains on its
current track."

the sooner it comes about the better

extended period of ZIRP is doing the county much harm

a) We don't have ZIRP.
b) Low interest rates are a good thing, given the indebtidness that is
prevalent now.


--
insert witty sig here

On Thu, 08 Feb 2018 16:52:58 +0000, Mark
wrote:

On Thu, 8 Feb 2018 16:42:41 -0000, "tim..."
wrote:



"JoeJoe" wrote in message
...
Currently headline on front page of BBC News: "Bank of England hints at
earlier and larger rate rises"

Inside it reads: "The Bank of England has indicated that the pace of
interest rate increases could accelerate if the economy remains on its
current track."

the sooner it comes about the better

extended period of ZIRP is doing the county much harm

a) We don't have ZIRP.
b) Low interest rates are a good thing, given the indebtidness that is
prevalent now.

And Japan describing Brexit as a 'high stakes game'.

Hardly the sort of business plan the Dragons would invest in eh. ;-(

Cheers, T i m

On Thursday, 8 February 2018 16:53:05 UTC, Mark wrote:
On Thu, 8 Feb 2018 16:42:41 -0000, "tim..."
wrote:



"JoeJoe" wrote in message
...
Currently headline on front page of BBC News: "Bank of England hints at
earlier and larger rate rises"

Inside it reads: "The Bank of England has indicated that the pace of
interest rate increases could accelerate if the economy remains on its
current track."

the sooner it comes about the better

extended period of ZIRP is doing the county much harm

a) We don't have ZIRP.
b) Low interest rates are a good thing, given the indebtidness that is
prevalent now.


When interest rates do go up, a lot of people are in for a shock.

On Thu, 8 Feb 2018 10:15:42 -0800 (PST), harry
wrote:

On Thursday, 8 February 2018 16:53:05 UTC, Mark wrote:
On Thu, 8 Feb 2018 16:42:41 -0000, "tim..."
wrote:



"JoeJoe" wrote in message
...
Currently headline on front page of BBC News: "Bank of England hints at
earlier and larger rate rises"

Inside it reads: "The Bank of England has indicated that the pace of
interest rate increases could accelerate if the economy remains on its
current track."

the sooner it comes about the better

extended period of ZIRP is doing the county much harm

a) We don't have ZIRP.
b) Low interest rates are a good thing, given the indebtidness that is
prevalent now.


When interest rates do go up, a lot of people are in for a shock.

Credit where credits due, Brexiters will then find out what "balance
of payments" means.

AB

"Mark" wrote in message
...
On Thu, 8 Feb 2018 16:42:41 -0000, "tim..."
wrote:



"JoeJoe" wrote in message
...
Currently headline on front page of BBC News: "Bank of England hints at
earlier and larger rate rises"

Inside it reads: "The Bank of England has indicated that the pace of
interest rate increases could accelerate if the economy remains on its
current track."

the sooner it comes about the better

extended period of ZIRP is doing the county much harm

a) We don't have ZIRP.

don't we

you've not been keeping up

b) Low interest rates are a good thing, given the indebtidness that is
prevalent now.

But that's the point

it encourages even more indebtedness. It gives people the impression that
it's Ok to overstretch yourself with borrowing.

But you are ****ed when rates return to normal, if you do that.

tim

On 08/02/2018 16:52, Mark wrote:
a) We don't have ZIRP.

I'm saving for my retirement. I struggle to find something with a real
positive interest rate - one above inflation.

b) Low interest rates are a good thing, given the indebtidness that is
prevalent now.

And it also discourages people from saving. Which means they'll all be
completely dependent on the few taxpayers left once they stop working.

Andy

On 08/02/2018 15:06, JoeJoe wrote:
Currently headline on front page of BBC News: "Bank of England hints at
earlier and larger rate rises"

Inside it reads: "The Bank of England has indicated that the pace of
interest rate increases could accelerate if the economy remains on its
current track."

So all sounds very negative for the average reader, right?

Where is the article does it mention that the reason for all that is
that the economy is growing faster and is stronger than the BoE had
predicted?

More brexit lies, its because inflation is ramping up.
inflation is going up because of the fall in the pound caused by brexit.
Increased interest rates will increase the value of the pound and cut
inflation (hopefully).

In article , Mark
writes
On Thu, 8 Feb 2018 15:06:56 +0000, JoeJoe wrote:

Currently headline on front page of BBC News: "Bank of England hints at
earlier and larger rate rises"

Inside it reads: "The Bank of England has indicated that the pace of
interest rate increases could accelerate if the economy remains on its
current track."

So all sounds very negative for the average reader, right?

Where is the article does it mention that the reason for all that is
that the economy is growing faster and is stronger than the BoE had
predicted?

Because it isn't.

Oh yes it is. It is the increased growth rate that has lead to the bank
predicting an increase in interest rates to control inflation.
--
bert

In article , Mark
writes
On Thu, 8 Feb 2018 16:42:41 -0000, "tim..."
wrote:



"JoeJoe" wrote in message
...
Currently headline on front page of BBC News: "Bank of England hints at
earlier and larger rate rises"

Inside it reads: "The Bank of England has indicated that the pace of
interest rate increases could accelerate if the economy remains on its
current track."

the sooner it comes about the better

extended period of ZIRP is doing the county much harm

a) We don't have ZIRP.
b) Low interest rates are a good thing, given the indebtidness that is
prevalent now.


But if interest rates are too low for too long it encourages
indebtedness. Some argue we have reached that point now.
--
bert

In article , Archibald
Tarquin Blenkinsopp writes
On Thu, 8 Feb 2018 10:15:42 -0800 (PST), harry
wrote:

On Thursday, 8 February 2018 16:53:05 UTC, Mark wrote:
On Thu, 8 Feb 2018 16:42:41 -0000, "tim..."
wrote:



"JoeJoe" wrote in message
...
Currently headline on front page of BBC News: "Bank of England hints at
earlier and larger rate rises"

Inside it reads: "The Bank of England has indicated that the pace of
interest rate increases could accelerate if the economy remains on its
current track."

the sooner it comes about the better

extended period of ZIRP is doing the county much harm

a) We don't have ZIRP.
b) Low interest rates are a good thing, given the indebtidness that is
prevalent now.


When interest rates do go up, a lot of people are in for a shock.

Credit where credits due, Brexiters will then find out what "balance
of payments" means.

AB
And just what is the current balance of payments position after 40 years
in the EU?
--
bert

In article , tim...
writes


"Mark" wrote in message
.. .
On Thu, 8 Feb 2018 16:42:41 -0000, "tim..."
wrote:



"JoeJoe" wrote in message
...
Currently headline on front page of BBC News: "Bank of England hints at
earlier and larger rate rises"

Inside it reads: "The Bank of England has indicated that the pace of
interest rate increases could accelerate if the economy remains on its
current track."

the sooner it comes about the better

extended period of ZIRP is doing the county much harm

a) We don't have ZIRP.

don't we

you've not been keeping up

b) Low interest rates are a good thing, given the indebtidness that is
prevalent now.

But that's the point

it encourages even more indebtedness. It gives people the impression
that it's Ok to overstretch yourself with borrowing.

But you are ****ed when rates return to normal, if you do that.

tim


Which is why it is as well to give advance warning and to increase rates
slowly.
--
bert

In article , "dennis@home"
writes
On 08/02/2018 15:06, JoeJoe wrote:
Currently headline on front page of BBC News: "Bank of England hints
at earlier and larger rate rises"
Inside it reads: "The Bank of England has indicated that the pace of
interest rate increases could accelerate if the economy remains on its
current track."
So all sounds very negative for the average reader, right?
Where is the article does it mention that the reason for all that is
that the economy is growing faster and is stronger than the BoE had
predicted?

More brexit lies, its because inflation is ramping up.
inflation is going up because of the fall in the pound caused by brexit.
Increased interest rates will increase the value of the pound and cut
inflation (hopefully).

Go and read what Carney said instead of inventing rubbish.
--
bert

On Thu, 8 Feb 2018 21:59:59 +0000, bert wrote:

In article , Archibald
Tarquin Blenkinsopp writes
On Thu, 8 Feb 2018 10:15:42 -0800 (PST), harry
wrote:

On Thursday, 8 February 2018 16:53:05 UTC, Mark wrote:
On Thu, 8 Feb 2018 16:42:41 -0000, "tim..."
wrote:



"JoeJoe" wrote in message
...
Currently headline on front page of BBC News: "Bank of England hints at
earlier and larger rate rises"

Inside it reads: "The Bank of England has indicated that the pace of
interest rate increases could accelerate if the economy remains on its
current track."

the sooner it comes about the better

extended period of ZIRP is doing the county much harm

a) We don't have ZIRP.
b) Low interest rates are a good thing, given the indebtidness that is
prevalent now.


When interest rates do go up, a lot of people are in for a shock.

Credit where credits due, Brexiters will then find out what "balance
of payments" means.

AB
And just what is the current balance of payments position after 40 years
in the EU?
When we leave it will become worse, and even the thickest Brexiter
seems to comprehend that.

AB

In article ,
bert wrote:
And just what is the current balance of payments position after 40 years
in the EU?

Very much worse than when Labour was last in power. But I very much doubt
you want to know that, bert.

--
*It was all so different before everything changed.

Dave Plowman London SW
To e-mail, change noise into sound.

In article ,
Archibald Tarquin Blenkinsopp wrote:
And just what is the current balance of payments position after 40
years in the EU?
When we leave it will become worse, and even the thickest Brexiter
seems to comprehend that.

Surely not? Once free of EU fetters we can compete with China on equal
terms and take over the world's trade.
You do this by getting most in the UK to work for a few dollars a day.
Except for Rees Mogg, obviously.

--
*Don't worry; it only seems kinky the first time.*

Dave Plowman London SW
To e-mail, change noise into sound.

On 08/02/18 22:02, bert wrote:
In article , "dennis@home"
writes
On 08/02/2018 15:06, JoeJoe wrote:
Currently headline on front page of BBC News: "Bank of England hints
atÂ* earlier and larger rate rises"
Â*Inside it reads: "The Bank of England has indicated that the pace of
interest rate increases could accelerate if the economy remains on
its current track."
Â*So all sounds very negative for the average reader, right?
Â*Where is the article does it mention that the reason for all that is
that the economy is growing faster and is stronger than the BoE had
predicted?

More brexit lies, its because inflation is ramping up.
inflation is going up because of the fall in the pound caused by brexit.
Increased interest rates will increase the value of the pound and cut
inflation (hopefully).

Go and read what Carney said instead of inventing rubbish.

Go and read what Carney said, inventing rubbish.

--
Any fool can believe in principles - and most of them do!

On 08/02/2018 18:14, T i m wrote:


And Japan describing Brexit as a 'high stakes game'.


From a country that has problems managing its own economy for the past
2 decades or more.


--
mailto : news {at} admac {dot} myzen {dot} co {dot} uk

On 08/02/2018 21:53, Vir Campestris wrote:
On 08/02/2018 16:52, Mark wrote:
a) We don't have ZIRP.

I'm saving for my retirement. I struggle to find something with a real
positive interest rate - one above inflation.

b) Low interest rates are a good thing, given the indebtidness that is
prevalent now.

And it also discourages people from saving. Which means they'll all be
completely dependent on the few taxpayers left once they stop working.


People save by buying their second house as a holiday home when interest
rates are low.


--
mailto : news {at} admac {dot} myzen {dot} co {dot} uk

On Fri, 9 Feb 2018 08:02:45 +0000, alan_m
wrote:

On 08/02/2018 18:14, T i m wrote:


And Japan describing Brexit as a 'high stakes game'.


From a country that has problems managing its own economy for the past
2 decades or more.

I suppose they don't have to be too clued up with economics.

Britain is in the EU and thus has access to half a billion potential
customers.

Japan is not in the EU and needs a go-between

After Brexit Japan is still not in the EU and will no doubt have to
pay heavily to get goods back into Europe.

Britain is not in the EU and will have to pay heavily to get goods
into the rest of Europe

Now I don't have an economics qualification, but I do have a basic
idea of logic.

I read a while back that it takes weeks to turn bare ground into a car
plant, if that's the case the feeding frenzy thats taking place over
British financial and pharmaceutical jobs will pale into
insignificance when the car manufacturing work is transferred to what
remains of the EU.

AB

On 09/02/18 09:52, Martin wrote:
On Fri, 9 Feb 2018 08:02:45 +0000, alan_m wrote:

On 08/02/2018 18:14, T i m wrote:


And Japan describing Brexit as a 'high stakes game'.


From a country that has problems managing its own economy for the past
2 decades or more.

not managing but experience of

It always gets a laugh when the New Left use 'experience' of making a
complete hash' as a positive reason to support an incumbent.

As if faulure was sufficient reason to keep someone in their job

Well it worked for Nu Labia I suppose.


--
If you tell a lie big enough and keep repeating it, people will
eventually come to believe it. The lie can be maintained only for such
time as the State can shield the people from the political, economic
and/or military consequences of the lie. It thus becomes vitally
important for the State to use all of its powers to repress dissent, for
the truth is the mortal enemy of the lie, and thus by extension, the
truth is the greatest enemy of the State.

Joseph Goebbels

"bert" wrote in message
...
In article , Mark
writes
On Thu, 8 Feb 2018 16:42:41 -0000, "tim..."
wrote:



"JoeJoe" wrote in message
...
Currently headline on front page of BBC News: "Bank of England hints at
earlier and larger rate rises"

Inside it reads: "The Bank of England has indicated that the pace of
interest rate increases could accelerate if the economy remains on its
current track."

the sooner it comes about the better

extended period of ZIRP is doing the county much harm

a) We don't have ZIRP.
b) Low interest rates are a good thing, given the indebtidness that is
prevalent now.


But if interest rates are too low for too long it encourages indebtedness.
Some argue we have reached that point now.

we reached that point about 4 years ago

TPTB have only just realised that it's a problem

tim

"Archibald Tarquin Blenkinsopp" wrote in
message ...
On Thu, 8 Feb 2018 21:59:59 +0000, bert wrote:

In article , Archibald
Tarquin Blenkinsopp writes
On Thu, 8 Feb 2018 10:15:42 -0800 (PST), harry
wrote:

On Thursday, 8 February 2018 16:53:05 UTC, Mark wrote:
On Thu, 8 Feb 2018 16:42:41 -0000, "tim..."
wrote:



"JoeJoe" wrote in message
...
Currently headline on front page of BBC News: "Bank of England
hints at
earlier and larger rate rises"

Inside it reads: "The Bank of England has indicated that the pace
of
interest rate increases could accelerate if the economy remains on
its
current track."

the sooner it comes about the better

extended period of ZIRP is doing the county much harm

a) We don't have ZIRP.
b) Low interest rates are a good thing, given the indebtidness that is
prevalent now.


When interest rates do go up, a lot of people are in for a shock.

Credit where credits due, Brexiters will then find out what "balance
of payments" means.

AB
And just what is the current balance of payments position after 40 years
in the EU?
When we leave it will become worse, and even the thickest Brexiter
seems to comprehend that.

what does "worse" mean in this context

tim

"alan_m" wrote in message
...
On 08/02/2018 21:53, Vir Campestris wrote:
On 08/02/2018 16:52, Mark wrote:
a) We don't have ZIRP.

I'm saving for my retirement. I struggle to find something with a real
positive interest rate - one above inflation.

b) Low interest rates are a good thing, given the indebtidness that is
prevalent now.

And it also discourages people from saving. Which means they'll all be
completely dependent on the few taxpayers left once they stop working.


People save by buying their second house as a holiday home when interest
rates are low.


the problem with that is that the value of homes is dependent on interest
rates

once interest rates return to normal you may see your capital purchase
losing value

tim

In article ,
The Natural Philosopher wrote:
It always gets a laugh when the New Left use 'experience' of making a
complete hash' as a positive reason to support an incumbent.

As if faulure was sufficient reason to keep someone in their job

Well it worked for Nu Labia I suppose.

You might take a look at the UK balance of payments over the last 20 years
or so, Turnip.

--
*Great groups from little icons grow *

Dave Plowman London SW
To e-mail, change noise into sound.

On Thu, 8 Feb 2018 19:20:28 -0000, "tim..."
wrote:



"Mark" wrote in message
.. .
On Thu, 8 Feb 2018 16:42:41 -0000, "tim..."
wrote:



"JoeJoe" wrote in message
...
Currently headline on front page of BBC News: "Bank of England hints at
earlier and larger rate rises"

Inside it reads: "The Bank of England has indicated that the pace of
interest rate increases could accelerate if the economy remains on its
current track."

the sooner it comes about the better

extended period of ZIRP is doing the county much harm

a) We don't have ZIRP.

don't we

No.

you've not been keeping up

Look in the mirror.

b) Low interest rates are a good thing, given the indebtidness that is
prevalent now.

But that's the point

it encourages even more indebtedness. It gives people the impression that
it's Ok to overstretch yourself with borrowing.

Large amounts of indebtedness predates the current low interest rates.
In many cases people have no choice but to borrow money.

But you are ****ed when rates return to normal, if you do that.

What is "normal" anyway? We could have a stable situation with low
interest rates for a long period.

--
insert witty sig here

On Thu, 8 Feb 2018 21:53:18 +0000, Vir Campestris
wrote:

On 08/02/2018 16:52, Mark wrote:
a) We don't have ZIRP.

I'm saving for my retirement. I struggle to find something with a real
positive interest rate - one above inflation.

Interest rates for saving have always been lower then interest rates
on loans. And it's usually the case that safe investments pay less
than inflation.

b) Low interest rates are a good thing, given the indebtidness that is
prevalent now.

And it also discourages people from saving.

Few people have enough money to save at all.

Which means they'll all be
completely dependent on the few taxpayers left once they stop working.

Given that benefits are continually being cut, I doubt it.
We're heading towards the 'perfect' right-wing world where the poor
starve.

--
insert witty sig here

On Fri, 9 Feb 2018 08:07:05 +0000, alan_m
wrote:

On 08/02/2018 21:53, Vir Campestris wrote:
On 08/02/2018 16:52, Mark wrote:
a) We don't have ZIRP.

I'm saving for my retirement. I struggle to find something with a real
positive interest rate - one above inflation.

b) Low interest rates are a good thing, given the indebtidness that is
prevalent now.

And it also discourages people from saving. Which means they'll all be
completely dependent on the few taxpayers left once they stop working.


People save by buying their second house as a holiday home when interest
rates are low.

Only the very rich can do this.

--
insert witty sig here

On Fri, 9 Feb 2018 10:42:05 -0000, "tim..."
wrote:



"alan_m" wrote in message
...
On 08/02/2018 21:53, Vir Campestris wrote:
On 08/02/2018 16:52, Mark wrote:
a) We don't have ZIRP.

I'm saving for my retirement. I struggle to find something with a real
positive interest rate - one above inflation.

b) Low interest rates are a good thing, given the indebtidness that is
prevalent now.

And it also discourages people from saving. Which means they'll all be
completely dependent on the few taxpayers left once they stop working.


People save by buying their second house as a holiday home when interest
rates are low.


the problem with that is that the value of homes is dependent on interest
rates

once interest rates return to normal you may see your capital purchase
losing value

Again you use the word "normal". What is a "normal" interest rate?
I would welcome a drop in house prices but I don't see it happening.

--
insert witty sig here

On Thu, 8 Feb 2018 21:54:10 +0000, "dennis@home"
wrote:

On 08/02/2018 15:06, JoeJoe wrote:
Currently headline on front page of BBC News: "Bank of England hints at
earlier and larger rate rises"

Inside it reads: "The Bank of England has indicated that the pace of
interest rate increases could accelerate if the economy remains on its
current track."

So all sounds very negative for the average reader, right?

Where is the article does it mention that the reason for all that is
that the economy is growing faster and is stronger than the BoE had
predicted?

More brexit lies, its because inflation is ramping up.

True.

inflation is going up because of the fall in the pound caused by brexit.
Increased interest rates will increase the value of the pound and cut
inflation (hopefully).

Maybe, but with much collateral damage.

--
insert witty sig here

On 08/02/2018 15:52, Archibald Tarquin Blenkinsopp wrote:
On Thu, 8 Feb 2018 15:06:56 +0000, JoeJoe wrote:

Currently headline on front page of BBC News: "Bank of England hints at
earlier and larger rate rises"

Inside it reads: "The Bank of England has indicated that the pace of
interest rate increases could accelerate if the economy remains on its
current track."

So all sounds very negative for the average reader, right?

No, not at all.

At last savings rates might be expessed using integers.

Brexiter have demonstrated perfectly well that they are clueless about
the amount Britain imports, how would they equate bigger mortgages and
unemployment with Brexit?

Given the average graduate can't buy a house, the idea of a bigger
mortgage might mean house prices finally come down.

Where is the article does it mention that the reason for all that is
that the economy is growing faster and is stronger than the BoE had
predicted?

"Than predicted" being the operative phrase.

So poor predictions then. Brexit can't be as bad as many would wish.

On Fri, 9 Feb 2018 20:07:18 +0000, Fredxx wrote:

On 08/02/2018 15:52, Archibald Tarquin Blenkinsopp wrote:
On Thu, 8 Feb 2018 15:06:56 +0000, JoeJoe wrote:

Currently headline on front page of BBC News: "Bank of England hints at
earlier and larger rate rises"

Inside it reads: "The Bank of England has indicated that the pace of
interest rate increases could accelerate if the economy remains on its
current track."

So all sounds very negative for the average reader, right?

No, not at all.

At last savings rates might be expessed using integers.

Brexiter have demonstrated perfectly well that they are clueless about
the amount Britain imports, how would they equate bigger mortgages and
unemployment with Brexit?

Given the average graduate can't buy a house, the idea of a bigger
mortgage might mean house prices finally come down.

Graduates will not have a hope.

Mortgages are not freely available to people in transient jobs and
housing policy in the UK will mean a permanent shortage.

It's an obscenity that houses can be snapped up by those with access
to funds then rented out at ridiculous sums to those with almost
nothing.

Migrants are not the problem, once again they are being used as a
scapegoat for tha failiures of government.

Where is the article does it mention that the reason for all that is
that the economy is growing faster and is stronger than the BoE had
predicted?

"Than predicted" being the operative phrase.

So poor predictions then. Brexit can't be as bad as many would wish.

From scanning todays news, it seems that Brexit is going to be worse
than anyone imagined. It was hushed up nicely by May and Co.

I remember exactly what things were like before we entered the EU. It
was not all rosy, the demise of the Commonwealth probably played a
part, but things improved greatly after we entered.

A lot of companies ceased production in the UK, but it would have
happened anyway. For instance no one wanted to spend a fortune on a
vehicle that was guaranteed to drip oil, when an import didn't leak
and was cheaper also.

If we ever get a manufacturing base back, a low regulation economy
will mean shoddy goods produced by overworked undertrained employees.

It happened before, it will come again, although how we'll sell
anywhere but the home market, God knows.

AB

On 09/02/2018 21:36, Archibald Tarquin Blenkinsopp wrote:
On Fri, 9 Feb 2018 20:07:18 +0000, Fredxx wrote:

On 08/02/2018 15:52, Archibald Tarquin Blenkinsopp wrote:
On Thu, 8 Feb 2018 15:06:56 +0000, JoeJoe wrote:

Currently headline on front page of BBC News: "Bank of England hints at
earlier and larger rate rises"

Inside it reads: "The Bank of England has indicated that the pace of
interest rate increases could accelerate if the economy remains on its
current track."

So all sounds very negative for the average reader, right?

No, not at all.

At last savings rates might be expessed using integers.

Brexiter have demonstrated perfectly well that they are clueless about
the amount Britain imports, how would they equate bigger mortgages and
unemployment with Brexit?

Given the average graduate can't buy a house, the idea of a bigger
mortgage might mean house prices finally come down.

Graduates will not have a hope.

Mortgages are not freely available to people in transient jobs and
housing policy in the UK will mean a permanent shortage.

It's an obscenity that houses can be snapped up by those with access
to funds then rented out at ridiculous sums to those with almost
nothing.

The obscenity is there is a shortage, encouraging speculators. They know
there is no will to build any more, despite the hot air. Its a major
reason for Brexit.

Migrants are not the problem, once again they are being used as a
scapegoat for tha failiures of government.

They are only a problem in terms of housing demand due to their numbers.
Are you in denial the UK population has increased by 3m over the past 10
years?

Where is the article does it mention that the reason for all that is
that the economy is growing faster and is stronger than the BoE had
predicted?

"Than predicted" being the operative phrase.

So poor predictions then. Brexit can't be as bad as many would wish.

From scanning todays news, it seems that Brexit is going to be worse
than anyone imagined. It was hushed up nicely by May and Co.

I remember exactly what things were like before we entered the EU. It
was not all rosy, the demise of the Commonwealth probably played a
part, but things improved greatly after we entered.

Quite, Thatcher put us on the right road.

A lot of companies ceased production in the UK, but it would have
happened anyway. For instance no one wanted to spend a fortune on a
vehicle that was guaranteed to drip oil, when an import didn't leak
and was cheaper also.

If we ever get a manufacturing base back, a low regulation economy
will mean shoddy goods produced by overworked undertrained employees.

Quality depends on many things. Currently there is none, despite all
your rules and regulations.

It happened before, it will come again, although how we'll sell
anywhere but the home market, God knows.

Then you need to get some glasses and stop being so myopic. WTO tariffs
should have little impact on Sales.

In article ,
Fredxx wrote:
It's an obscenity that houses can be snapped up by those with access
to funds then rented out at ridiculous sums to those with almost
nothing.

The obscenity is there is a shortage, encouraging speculators. They know
there is no will to build any more, despite the hot air. Its a major
reason for Brexit.

Nothing to do with Brexit. Tory policy. Sell off all the social housing
you can at a discount, to those who can afford to buy. Then the up and
coming poor have to rent in the private sector, putting the profits into
Tory pockets. Including any housing benefit. You just know it makes sense.
To a moron.

--
*Why is it called tourist season if we can't shoot at them?

Dave Plowman London SW
To e-mail, change noise into sound.

On Sat, 10 Feb 2018 00:34:03 +0000 (GMT), "Dave Plowman (News)"
wrote:

In article ,
Fredxx wrote:
It's an obscenity that houses can be snapped up by those with access
to funds then rented out at ridiculous sums to those with almost
nothing.

The obscenity is there is a shortage, encouraging speculators. They know
there is no will to build any more, despite the hot air. Its a major
reason for Brexit.

Nothing to do with Brexit. Tory policy. Sell off all the social housing
you can at a discount, to those who can afford to buy. Then the up and
coming poor have to rent in the private sector, putting the profits into
Tory pockets. Including any housing benefit. You just know it makes sense.
To a moron.

Thank God. Sometimes I feel that the entire country has lost sight of
the Blasted obvious.

What will be interesting is when we do "take control", there will
still be a large number of the population who are going to be far far
worse off than now. If the None British have all left, the only
scapegoats are going to be the unemployed and unemployment will be on
the whim of the employer.

We are about to hand every aspect of the UK's future to a shower who's
only guiding philosophy is greed and self interest.

Incidentally, like it or not, there will be no need or purpose for the
NHS.

With Britains defence increasingly moving toward technology, why keep
a population healthy and supporting troops when the button pushers are
doing the fighting?

Of course it's all scaremongering to the Brexiteers, but there are
Brexiteers that are too thick to see what's happening and Brexiteers
that are going to do very well indeed from the mess.

Neither would welcome debate on the subject.

AB

On 10/02/2018 00:34, Dave Plowman (News) wrote:
In article ,
Fredxx wrote:
It's an obscenity that houses can be snapped up by those with access
to funds then rented out at ridiculous sums to those with almost
nothing.

The obscenity is there is a shortage, encouraging speculators. They know
there is no will to build any more, despite the hot air. Its a major
reason for Brexit.

Nothing to do with Brexit. Tory policy. Sell off all the social housing
you can at a discount, to those who can afford to buy.

Are you suggesting that these houses disappear, and can no longer house
families? Are they all knocked down?

I'm sure they're in the same place as before and housing the same
families, just wondering why this makes any difference to housing demand?

Then the up and
coming poor have to rent in the private sector, putting the profits into
Tory pockets. Including any housing benefit. You just know it makes sense.
To a moron.

Did all those years of Labour after Major build many houses?

I agree about Housing Benefit going to landlords.

The consequence was Brexit, best live with it.

On 10/02/2018 01:16, Archibald Tarquin Blenkinsopp wrote:
On Sat, 10 Feb 2018 00:34:03 +0000 (GMT), "Dave Plowman (News)"
wrote:

In article ,
Fredxx wrote:
It's an obscenity that houses can be snapped up by those with access
to funds then rented out at ridiculous sums to those with almost
nothing.

The obscenity is there is a shortage, encouraging speculators. They know
there is no will to build any more, despite the hot air. Its a major
reason for Brexit.

Nothing to do with Brexit. Tory policy. Sell off all the social housing
you can at a discount, to those who can afford to buy. Then the up and
coming poor have to rent in the private sector, putting the profits into
Tory pockets. Including any housing benefit. You just know it makes sense.
To a moron.

Thank God. Sometimes I feel that the entire country has lost sight of
the Blasted obvious.

Are you are so stupid to believe when houses are sold they can no longer
house families? Really?

What will be interesting is when we do "take control", there will
still be a large number of the population who are going to be far far
worse off than now. If the None British have all left, the only
scapegoats are going to be the unemployed and unemployment will be on
the whim of the employer.

We'll have to see. It depends on what you mean by 'worse off'. Does that
mean homeless or 30 and living with parents because you can't afford a
house?

We are about to hand every aspect of the UK's future to a shower who's
only guiding philosophy is greed and self interest.

Quite, businesses want cheap labour at any cost, culminating the
explosion of in-work benefits.

Incidentally, like it or not, there will be no need or purpose for the
NHS.

You're not very bright in thinking that. I guess when Corbyn has
decimated all around him, you may be right.

With Britains defence increasingly moving toward technology, why keep
a population healthy and supporting troops when the button pushers are
doing the fighting?

That does seem to be a Remain theme, keep wages low, gig economy.

Of course it's all scaremongering to the Brexiteers, but there are
Brexiteers that are too thick to see what's happening and Brexiteers
that are going to do very well indeed from the mess.

We'll have to see what happens, so far so good. Some of us have already
seem a pay increase, something that hasn't happened for 10 years due to
suppressed wages from immigration.

Neither would welcome debate on the subject.

Not much point when you keep your fingers in your ears.