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  1. T

    Brexit, for once some facts.

    Tillson I don't think it will make much difference who is leading the negotiation. There will be enough pressure from big US businesses to go for 'Norway Plus'. The plus is there to pacify brexiters, a bit like Cameron's special concession.
  2. T

    Brexit, for once some facts.

    there is another school of thought - nationalist movements in other EU countries are waiting for the brexit process to complete before asking for their own referenda. For every loser, there are winners. At the moment, the uncertainty in the UK is benefiting other EU countries as far as...
  3. T

    Brexit, for once some facts.

    we'll see if you are correct. More than 4 millions signed the petition for a second referendum, that's a record.
  4. T

    Brexit, for once some facts.

    expect more of this:
  5. T

    Brexit, for once some facts.

    I posted about the current account on June 11, why brexit would cause a worsening of the current account, leading to inflation and reduction in imports. http://www.pedelecs.co.uk/forum/threads/brexit-for-once-some-facts.24369/page-21#post-310632 Stock market will go up and down because it...
  6. T

    Brexit, for once some facts.

    brendan, it will take years for a weaker Pound to make an impact. A weaker Pound stimulates exports, but the UK is not like Australia or Norway that can pump immediately stuff out of the ground and sell it for cash, we need factories to churn out goods. Pulling out of the EU will cause a number...
  7. T

    Brexit, for once some facts.

    Derf gave a pretty good analogy, we are already heavily overdrawn, we don't get to call the tune. Confidence in our economy took a knock, we now have to give them 12% more of our Pound to get their dollars post referendum, that makes the overdraft worse. How are we going to reduce the current...
  8. T

    Brexit, for once some facts.

    the Pound is a very good indicator. It shows how confident foreign investors think of our economy. Another one is the current account. I posted this plot a few days ago. flud, BrendanJ and Tillson, what do you see as positive in the plot below of our current account deficit? where are we...
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    Brexit, for once some facts.

    Do you think Gove and Leadsom have a credible plan?
  10. T

    Newbie introducing myself

    Stephen, the Big Bear is fitted with a more powerful Bafang BPM motor, torque wise, the Big Bear gives about 10% more power compared to the Bermuda. On the other hand, the Bermuda's motor is on the rear wheel, battery is on the downtube, Bermuda has lower centre of gravity, better traction...
  11. T

    Brexit, for once some facts.

    were there 1.4 millions who voted out because of other reasons than their dislike of the EU? like austerity, xenophobia? it seems likely to me.
  12. T

    Brexit, for once some facts.

    I have an account at H&L but have not read his report. Peter Hargreaves speaks from the point of view of somebody investing in shares. One would anticipate the normal reaction from central bank is to inject economic stimulus in case of recession. economic stimulus means the winners are producers...
  13. T

    I wonder if Flecc would be kind enough to value my bike ?

    there are not many Kalkhoff with Impulse motors on ebay at the moment but I went by the typical £1000 auction price achieved on ebay auctions recently for bikes costing new £1,8000. Deduct a bit for the high mileage, I came to £900.
  14. T

    Brexit, for once some facts.

    I think you don't get it. You should take the FTSE250 as a guide for the UK economy, not the FTSE100. The FTSE250 reflects investors confidence in the UK economy in the 2 and a half year brexit scenario. you are in denial . The drop in the value of the Pound is real, there are no two ways...
  15. T

    Brexit, for once some facts.

    flud, I think you are mistaken about my view. I like the Norway model, I have said so weeks before the vote. I don't like the BS from the Brexiters leaders. I dislike Farage and Ukip and I despair at the level of understanding the economy. I think a recession is coming and the BoE will keep the...
  16. T

    Brexit, for once some facts.

    I'd like us leave the EU and adopt the Norway model with some agreed limitation of freedom of movement - like requiring residential permits for permanent settlers. We can then limit how many permits we want to issue and to whom. Seasonal workers are free to come and go. In work benefits are...
  17. T

    I wonder if Flecc would be kind enough to value my bike ?

    I reckon £900 is a fair price for your bike.
  18. T

    Are ebikes worth the price tag?

    you get diminishing returns when you pay over £2,000
  19. T

    Brexit, for once some facts.

    the BoE will keep the value of the Pound low to limit damage to the economy with lower interest rate and quantitative easing this summer. Shares went up 1.5% the Pound dropped 1.5% yesterday. It's not scaremongering, it's consensus. They are the classic signs of recession is coming.
  20. T

    Brexit, for once some facts.

    @BrendanJ I don't pay much attention to Osborne. If we were to negotiate with France, Germany, Spain individually, we'd do well but we are going to negotiate with 'fortress Europe' five times our size in $ terms. There isn't much that they have to buy from us, they can wait indefinitely for us...