
shurlock
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Everything posted by shurlock
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Whatever tickles your fancy Les. I treat each article on its merits.
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Are you sure pal? No doubt you were banging your drum and berating all the progressives who wanted to see the economy experience a double dip recession, if only to prove how futile Tory spending cuts and austerity were;)
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So maybe they'll revise their forecasts upwards or downwards when new information comes to light. Either way, uncertainty can be economically damaging in itself http://www.policyuncertainty.com/index.html The salient point is Johnny B claimed that the IMF was predicting a recession and today's forecast supposesly blows a hole in that prediction. Then again maybe in Johnny B-Land, the UK is already out of the EU, having failed to negotiate some form of access to the single market and is trading under WTO rules. In the real world, none of those things have happened yet and so it's patently premature to take a position on the accuracy of the IMF's forecast.
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It said that a recession could happen, not that it would happen. It modelled a range of scenarios - only under the adverse scenario did it predict a recession. But it never claimed that adverse scenario would materialise -indeed we won't know if it's correct unless the UK fails to secure a Norway-style deal and reverts to WTO rules. As of today, those things are far away. It also modelled a limited uncertainty scenario which is equally plausible. Today's downgrade is perfectly compatible with the range of scenarios it outlined. That chip on your shoulder sure is a whopper pal.
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Yep it did. Did you actually read article? Or too quick jumping to conclusions pal?
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The IMF didn't predict a recession. The IMF has virtually halved its forecast for UK growth in 2017. That's more than consistent with "pretty bad" in most people's book.
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You obviously can't read. Who says its a firesale or is claiming that Son woke up one day and decided on a whim that he wanted to buy ARM? No Softbank would have been scoping it for a while - just like it has been a host of other potential targets. But the serious business press claims that Son first spoke with ARM’s chairman only two weeks ago regarding a possible takeover. I guess the FT and NYT are clueless. Son has admitted as much himself. Many analysts are equally surprised by the speed of developments. I guess they're all clueless too pal http://www.wired.co.uk/article/arm-softbank-deal-price-brexit-bidding-war That's all it is at this stage -an offer- assuming there isn't a counteroffer. If a deal goes through, it won't be for months.
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I'm not saying it. I'm just citing the Financial Times. Or as the New York Times puts it: Alternatively I can take your word Not sure what you mean by on the cards. I clearly said ARM plays into Softbank's long-term strategy as do lots of other potential targets, though considering a company doesn't necessarily mean it will crystallise into an offer. Rather I'm repeating Hermann Hauser's argument that Brexit provided the opportunity for SoftBank to strike. Softbank plans to increase UK headcount; but the FACT remains that the big strategic calls over what is a potentially transformative industry will be made in Japan, not the UK. As long as you're comfortable with that, that's all that matters, pal.
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Yes pal, according to the FT, the deal was negotiated in two weeks - the negotiations were described as 'breakneck': http://www.ft.com/cms/s/0/235b1af4-4c7f-11e6-8172-e39ecd3b86fc.html#axzz4Elhsng7H Guess you haven't read Hermann Hauser's statement then. ARM certainly plays into Softbank's long-term ambitions and its bet on the internet of things; they were possibly considering a move; but Brexit provided the opportunity to strike From the horse's mouth pal.
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With the fall in sterling due to Brexit, foreign companies are licking their chops at the prospect of picking up British assets on the cheap. SoftBank’s proposed £24.3bn takeover of ARM, the Cambridge-based technology company and UK's largest player in the tech is the standout example. Hermann Hauser, the founder of ARM calls it one of the “sad and unintended consequences” of Brexit...It’s a sad loss of independence. Britain is becoming a smaller and smaller player in the tech sector...The future of Arm could have been determined by the UK management team. Now it will be determined in Japan". #takingbackcontrol
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I bet you even sat up with wiki or the cia factbook and tried adding up the landmasses and populations of those countries. Bless your little Union Jack cotton socks I can just picture Davo, our man of action, concluding a trade deal with that immense continent that is Antartica: "two bags of pigeon droppings for a bucket of ice cubes, do we have a deal?". That will show those experts...
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#penmightierthanthesword #mboardseriousbusiness
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The law would appear quite clear; there is, however, no political precedent.
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Sorry pal it's illegal to start or conduct bilateral negotiations while the UK is still a member of the EU. It the UK hopes to do so, it will require authorisation from the EU. Not saying it won't happen but it's far from automatic that will happen and assumes goodwill that has to date been in short supply. http://www.politics.co.uk/blogs/2016/07/14/everything-you-need-to-know-about-theresa-may-s-brexit
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How were the beans and scrambled eggs this morning?
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Erdogan on a plane to London where he will be greeted by Boris...
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Terrorist Attacks - WARNING: CONTAINS DISTRESSING IMAGES
shurlock replied to sadoldgit's topic in The Lounge
Lord Darkiehunter- have you ever considered that there is nothing particularly outdated about "chicks wearing the burka"? Rather it is about identity politics, the bastardised offshoot of 21st century liberal-postmodern values. Bit too complicated for you, innit. -
Terrorist Attacks - WARNING: CONTAINS DISTRESSING IMAGES
shurlock replied to sadoldgit's topic in The Lounge
And? Men and women are segregated seating in synagogues - it's a practice; it hardly offends anyone, not least women as segregation isn't justified in terms of gender inequality or the inferiority of women; rather it's seen as a mark of respect between the sexes. You seem very animated by this issue, pal. Far more than those who are meant to be affected by it. -
The opposition was a MLS youth side, not Barcalona.
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It's called 30 degrees heat pal.
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Think there's a decent player there.
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Not Lord Darkiehunter's cup of tea I suspect.
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There must be some curry money left over to make this happen.
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The footballing Hugo Scheckter?