Brexit, for once some facts.

oldtom

Esteemed Pedelecer
The world is in flux. This morning, the nutters in charge of N Korea decided it would be impressive and frightening to fire a missile over Japan. We now await the White House reaction to that act. We already know the Japanese are more than a little p'd off.

The American President is losing support daily by his ridiculous statements on every topic of concern to the American people.

It should not be forgotten that a great many 'Brexidiots' applauded the election of Donald Trump nor how quickly British Fascist leaders like Farage and May flew to the US to congratulate Trump.

This infographic says all that is needed about Trump:

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This one describes the leader of the British government as we skirt closer and closer to another major war due to our PM's declared closeness with and support for the American nation:

21078529_1549215448432919_6239959237133262173_n.jpg

Tom
 
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Danidl

Esteemed Pedelecer
Sep 29, 2016
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united-kingdom-bankruptcies@2x.png


no words needed.
I have always disliked those graphs where the actual heights of the columns are removed. It gives a deliberately distorted view of the underlying trends the baseline for your histogram should be 0 not 3500 firms per quarter. There is nothing magical about the 3500 figure other than it is the lowest figure in your table. The 40year graph is fairerunited-kingdom-bankruptcies@2x.png united-kingdom-bankruptcies@2x.png
 
View attachment 21003
I have always disliked those graphs where the actual heights of the columns are removed. It gives a deliberately distorted view of the underlying trends the baseline for your histogram should be 0 not 3500 firms per quarter. There is nothing magical about the 3500 figure other than it is the lowest figure in your table. The 40year graph is fairerView attachment 21003 View attachment 21003
Yes, that's of course true, but I do think the other graphs also show the same recent change.
 
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flecc

Member
Oct 25, 2006
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I have always disliked those graphs where the actual heights of the columns are removed. It gives a deliberately distorted view of the underlying trends the baseline for your histogram should be 0 not 3500 firms per quarter.
But the important thing is yours shows the 2017 peak almost equalling those of the 1992 and 2008 recessions.

So the move to Brexit has brought us to recession bankruptcy levels, haven't heard Theresa May, any Tory MPs or Brexiters mention that.
.
 
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Danidl

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Sep 29, 2016
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But the important thing is yours shows the 2017 peak almost equalling those of the 1992 and 2008 recessions.

So the move to Brexit has brought us to recession bankruptcy levels, haven't heard Theresa May, any Tory MPs or Brexiters mention that.
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In fairness, the previous few months were lower than the trend line, so it is likely that a number of businesses were struggling on and the crunch came in January, perhaps when new stock needed ordering. As was stated, the number of new businesses may well have peaked 18 month earlier, without that the picture is incomplete
 
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flecc

Member
Oct 25, 2006
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In fairness, the previous few months were lower than the trend line, so it is likely that a number of businesses were struggling on and the crunch came in January,
Indeed, January is a common time for insolvencies since a high proportion of businesses depend on Christmas trading. A poor year for that and many have to throw in the towel.
.
 
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oldgroaner

Esteemed Pedelecer
Nov 15, 2015
23,461
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Didn't Hull do splendidly?
Hull 6,445 870 630 36.00 £072,255 101.94
Lets see now Lowest Survival rate @ 36%
Lowest Property Prices @ £72K
Among highest crime rate @ 101.94
They don't apparently know how many Student Graduates or Domicile Graduates are working in Mc Donalds.
(Despite it being a University City!)
And it has the lowest Broadband speed in the country @ 14.1
And the credit side? it is the 2017 City of Culture? with one of the Highest Crime Rates?
Clearly many of the listed Startups were along the lines of Organised Crime, as in the Les Dawson Gag
"Tough Area? you had to put your name down to be mugged!"
City of Culture eh?
Sorry I'm laughing at that, as one wag remarked "If I wanted Culture, I'd Eat a Yoghurt!"
And my remark when it was first announced
"If Hull is the City of Culture, Baghdad is the City of Peace!"
In keeping with the obviously intellectual and cultural local ethos, it voted overwhelmingly to Leave the EU
The Ratio being 2:1
It would in fact have voted to leave the UK, indeed the Planet Earth, but those options weren't on the form, and lots of folk don't know where it is anyway.
Many thought that voting to leave the EU meant leaving the Conservatives at the same time, but were sad when they stayed.
If the Government wants something, Whatever it is Hull's Against it
 
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oldgroaner

Esteemed Pedelecer
Nov 15, 2015
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Indeed, January is a common time for insolvencies since a high proportion of businesses depend on Christmas trading. A poor year for that and many have to throw in the towel.
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More close because Customers tend to want their money back and people have an irritating habit of wanting bills paid, so mobility is great, keeps the New Start and Closure figures much closer in Hull than they really are.
The trick apparently is to operate out of a Van with peel off advertising and NEVER get to the stage of being traceable after a good month.
How about this for instance
3 Aug 2017 - Six men have been charged in connection with a drugs seizure worth more than £66m.UK Border Force officers stopped a Scania HGV at the King George Dock in Hull, east Yorkshire, in May. .
How many didn't they get?
 
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Kudoscycles

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Apr 15, 2011
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Barnier has insisted today that we come clean on how much we are paying in the divorce bill. Davis should come clean and tell the EU....We are paying nothing,zero,nil....there is that serious enough for you!!!
It will stop these fantasy negotiations.
I am a remainer but sense must prevail,we havent any money and if we had TM is not allowed to part with it.
Thats it,negotiations over,we crash out and accept the consequences.
KudosDave
 
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oldgroaner

Esteemed Pedelecer
Nov 15, 2015
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Barnier has insisted today that we come clean on how much we are paying in the divorce bill. Davis should come clean and tell the EU....We are paying nothing,zero,nil....there is that serious enough for you!!!
It will stop these fantasy negotiations.
I am a remainer but sense must prevail,we havent any money and if we had TM is not allowed to part with it.
Thats it,negotiations over,we crash out and accept the consequences.
KudosDave
We've loads of money! just print some more, that what we have a Bank for isn't it?
Besides what has sense to do with Brexit?
The EU haven't THREATENED US YET, be patient, that's what Davis is praying for!
 
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Kudoscycles

Official Trade Member
Apr 15, 2011
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More close because Customers tend to want their money back and people have an irritating habit of wanting bills paid, so mobility is great, keeps the New Start and Closure figures much closer in Hull than they really are.
The trick apparently is to operate out of a Van with peel off advertising and NEVER get to the stage of being traceable after a good month.
How about this for instance
3 Aug 2017 - Six men have been charged in connection with a drugs seizure worth more than £66m.UK Border Force officers stopped a Scania HGV at the King George Dock in Hull, east Yorkshire, in May. .
How many didn't they get?
Also many businesses close down for the christmas period,it used to be a couple of days but now it seems to start mid December and not back until 2nd week of January....that is a long time to have no production.
Many businesses have the calendar year end as their business year end,get a look at bad accounts,the tax man and vat man get aggressive,time to forget it and come back in May.
 

Kudoscycles

Official Trade Member
Apr 15, 2011
5,566
5,048
www.kudoscycles.com
We've loads of money! just print some more, that what we have a Bank for isn't it?
Besides what has sense to do with Brexit?
But they want payment in Euros,which means the bill has gone up by 30% since the referendum.....if we print more pounds that will be inflationary,so we will need more to cover the Euros.
KudosDave
 
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oldgroaner

Esteemed Pedelecer
Nov 15, 2015
23,461
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Also many businesses close down for the christmas period,it used to be a couple of days but now it seems to start mid December and not back until 2nd week of January....that is a long time to have no production.
Many businesses have the calendar year end as their business year end,get a look at bad accounts,the tax man and vat man get aggressive,time to forget it and come back in May.
Ah, how we look back wistfully at the old days when one businessman would say to another

"Sorry to hear about your fire!"
Only to be hushed with the words
"Hush for goodness sake, it's tomorrow!"

Fings 'aint wot they used ter be.
 

oldgroaner

Esteemed Pedelecer
Nov 15, 2015
23,461
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But they want payment in Euros,which means the bill has gone up by 30% since the referendum.....if we print more pounds that will be inflationary,so we will need more to cover the Euros.
KudosDave
Can't we fiddle the exchange rate? we did that with Libor quite nicely too
 
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Woosh

Trade Member
May 19, 2012
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Southend on Sea
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We've loads of money! just print some more, that what we have a Bank for isn't it?
Besides what has sense to do with Brexit?
The EU haven't THREATENED US YET, be patient, that's what Davis is praying for!
there is some truth in what you said.
If Davis agrees to pay any money, he could say goodbye to ever become PM.
 
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