Moderator: Dux
you might enjoy anthony lane's piece in the new yorker todaynafod wrote:Just watchin' the showHerv100 wrote:Guns and Brexit got the statists feeling some type of way
http://www.newyorker.com/news/news-desk ... OTMzNTA3S0Boris Johnson, who in the judgment of naturalists is the only leading politician bred directly from Highland cattle, had been expected to declare himself a candidate for the Tory leadership.
Really Big Strong Guy: There are a plethora of psychopaths among us.
What's the next manufactured crisis over which which we should all panic?Following a huge beating in the immediate aftermath of the vote for Brexit, British stocks have recovered almost all the ground they lost since Thursday.
The FTSE 100 index surged Wednesday and broke through levels not seen since before the United Kingdom voted to leave the European Union. The FTSE 100 rose 3.6 percent and closed at 6,338.10.
Mao wrote:Political power grows out of the barrel of a gun. Our principle is that the Party commands the gun, and the gun must never be allowed to command the Party
. "Stocks are up today, must be all better"DrDonkeyLove wrote:It was a crisis of the worst order and a self inflicted disaster of the xenophobic stupid proletariat. A week later and it's all OK.
What's the next manufactured crisis over which which we should all panic?Following a huge beating in the immediate aftermath of the vote for Brexit, British stocks have recovered almost all the ground they lost since Thursday.
The FTSE 100 index surged Wednesday and broke through levels not seen since before the United Kingdom voted to leave the European Union. The FTSE 100 rose 3.6 percent and closed at 6,338.10.
Bring back the hockey stick!DrDonkeyLove wrote:It was a crisis of the worst order and a self inflicted disaster of the xenophobic stupid proletariat. A week later and it's all OK.
What's the next manufactured crisis over which which we should all panic?Following a huge beating in the immediate aftermath of the vote for Brexit, British stocks have recovered almost all the ground they lost since Thursday.
The FTSE 100 index surged Wednesday and broke through levels not seen since before the United Kingdom voted to leave the European Union. The FTSE 100 rose 3.6 percent and closed at 6,338.10.
Just proof that last weeks hand wringing was a case of media based mass hysteria and a quasi-religious globalist reaction to the sin of nationalism and not a rational or reasoned analysis. The long term impact of Brexit is based on so many unknown variables that no one knows if it's headed for the stratosphere or the bowels of Hades.Grandpa's Spells wrote:. "Stocks are up today, must be all better"DrDonkeyLove wrote:It was a crisis of the worst order and a self inflicted disaster of the xenophobic stupid proletariat. A week later and it's all OK.
What's the next manufactured crisis over which which we should all panic?Following a huge beating in the immediate aftermath of the vote for Brexit, British stocks have recovered almost all the ground they lost since Thursday.
The FTSE 100 index surged Wednesday and broke through levels not seen since before the United Kingdom voted to leave the European Union. The FTSE 100 rose 3.6 percent and closed at 6,338.10.
Mao wrote:Political power grows out of the barrel of a gun. Our principle is that the Party commands the gun, and the gun must never be allowed to command the Party
the hockey stick never went awayTurdacious wrote:Bring back the hockey stick!DrDonkeyLove wrote:It was a crisis of the worst order and a self inflicted disaster of the xenophobic stupid proletariat. A week later and it's all OK.
What's the next manufactured crisis over which which we should all panic?Following a huge beating in the immediate aftermath of the vote for Brexit, British stocks have recovered almost all the ground they lost since Thursday.
The FTSE 100 index surged Wednesday and broke through levels not seen since before the United Kingdom voted to leave the European Union. The FTSE 100 rose 3.6 percent and closed at 6,338.10.
Really Big Strong Guy: There are a plethora of psychopaths among us.
No. Short term stock swings prove nothing.DrDonkeyLove wrote:Just proof that last weeks hand wringing...Grandpa's Spells wrote:. "Stocks are up today, must be all better"DrDonkeyLove wrote:It was a crisis of the worst order and a self inflicted disaster of the xenophobic stupid proletariat. A week later and it's all OK.
What's the next manufactured crisis over which which we should all panic?Following a huge beating in the immediate aftermath of the vote for Brexit, British stocks have recovered almost all the ground they lost since Thursday.
The FTSE 100 index surged Wednesday and broke through levels not seen since before the United Kingdom voted to leave the European Union. The FTSE 100 rose 3.6 percent and closed at 6,338.10.
About the long term value of a stock/s, probably. About the irrational herd behavior of people, it can (and did) teach us a lot.Grandpa's Spells wrote:No. Short term stock swings prove nothing.DrDonkeyLove wrote:Just proof that last weeks hand wringing...Grandpa's Spells wrote:. "Stocks are up today, must be all better"DrDonkeyLove wrote:It was a crisis of the worst order and a self inflicted disaster of the xenophobic stupid proletariat. A week later and it's all OK.
What's the next manufactured crisis over which which we should all panic?Following a huge beating in the immediate aftermath of the vote for Brexit, British stocks have recovered almost all the ground they lost since Thursday.
The FTSE 100 index surged Wednesday and broke through levels not seen since before the United Kingdom voted to leave the European Union. The FTSE 100 rose 3.6 percent and closed at 6,338.10.
Mao wrote:Political power grows out of the barrel of a gun. Our principle is that the Party commands the gun, and the gun must never be allowed to command the Party
https://nypost.com/2016/08/28/brexit-is ... k-economy/Two months ago, the world’s wise men were warning that if UK voters decided to “Brexit” from the European Union, they’d rain down economic crisis. Guess what? Today, Britain is fine — and has even seen a boost from its “Leave” vote. The International Monetary Fund, central bank chiefs, academic economists — you know, the people who study the economy for a living — said Brexit would be a disaster. Then-Prime Minister David Cameron warned that Britons who voted to leave would risk their Social Security-style pensions. President Obama said Britons would have to “go to the back of the queue” to ink trade deals with the United States.
Now, though, Britain is showing how real free-market economics can correct political mistakes — if, indeed, Brexit was a mistake. After the vote, the British pound plummeted. Financial traders believed their government’s warnings and ditched the currency.
Before Brexit, one British pound was worth $1.48. Today, it’s worth $1.32. The pound has fallen against other currencies, too. That has meant record visitors to Britain this summer — and tourists spending record amounts of money, too. In the month before Brexit, airline reservations to Britain were down compared to the previous year, the Guardian reported. After the Brexit vote, they jumped 4.3 percent — and wealthier tourists bought more jewelry and watches. Other parts of the economy haven’t suffered, either. Consumer confidence and domestic spending are both up. “Retail sales smashed expectations in August,” the Daily Mail noted on Friday. Manufacturing and home-sales reports are well and good.
