shurlock

All while sitting on an asset that has appreciated massively in value.

From the poster who, more than anyone, soiled the bed over the Xmas break, convinced we were sleepwalking into a relegation battle If you weren't such a whopper, you might even chuckle at the irony.

You certainly keep me entertained, pal.

Brilliant, compelling analysis. I've seen the perfect job ad for you on the FT: Wanted: Trade negotiators, no experience necessary. Average intelligence desirable. Apply to: Absolutely Clueless, BoJo House. Pay: Tons of Zimbabwe dollars. It would suit you perfectly, pal #tiredofexperts

It's very likely that WTO rules would have to be negotiated from scratch -the UK won't be able to cut and paste the terms and agreements that were signed on its behalf by the EU.

No it didn't. You may want to check your facts before embarrassing yourself further, pal. #tiredofexperts

#tiredofexperts

Luciana Berger still hanging in there

Good post

Because it would be a slap in the face of democracy and would sour British public life for generations. However much I might wish, the genie can't be put back in the bottle.

It will be adopted. It's time to move on. Am not a fan of the petition for a second referendum for exactly that reason. The leave camp has shat the bed; it now has to lie in it. It claimed to have a plan and that things would be OK while delivering on multiple, mutually conflicting promises. Time for leave to put its money where it's mouth is and show some real statesmanship.

Makes sense pal. In the same way Farage was alleging fraud and throwing his toys out of the pram minutes after polling stations had closed. One consolation of a leave win is that we've, at least, been spared the tawdry conspiracy theories, fingerpointing and hysteria that UKIP and allies revel in that make remain's reaction look positively civil and British.

My understanding from sources is that Hunt and Umunna have more or less been leading mini factions, though they're very fragmented, reactive and personality-led. Another camp centred around Rachel Reeves and Dan Jarvis was beginning to flex its muscles and think about policy. They're much more sensitive to developments in the North which has become more important after the carnage in the referendum.

He's a lightweight - he would have been slaughtered in the leadership contest, especially in the toxic, insurgent climate that followed Labour's election defeat.

So? Have the independent analyses that informed the remain campaign changed their position?

I know. And that what happens when the world starts s**tting itself and anticipating further problems. There's a flight to safety and safe assets -gold, high quality government bonds, currencies like the yen. Some are also expecting that the Bank of England will cut rates to stabilise the economy (pushing bond prices up), so traders may be trying to profit on that. None of this is a grounds for blackslapping and self-congratulation.

I know mindboggling.

This is pretty revealing -from 14m00 http://www.bbc.co.uk/iplayer/episode/b07kct7l/newsnight-life-after-brexit-a-newsnight-special Didn't Cameron and co. realise that this was going to turn into the mother of protest votes, exploited by the mother of con artists in Boris and co.

Did you watch Newsnight on Friday evening, the segment from Burnley (plenty of the locations are recognisable from trips to turfmoor)? I have nothing against the interviewees - they have legitimate grounds for anger; but the overriding impression you're left with is whether referenda are a good idea. 45m40s http://www.bbc.co.uk/iplayer/episode/b07gyxdf/newsnight-24062016

What's that supposed to mean?

Some of the complacency on social media has been pretty impressive, such as pointing to the FTSE 100's limited fall. What our simple chums are oblivious to is that 80% of those companies earnings are derived from overseas, largely in $, so they gained from the brutal devaluaton of the £. So far from being a cause for celebration, that bounce was a reflection of sterling's weakness and a loss of confidence in the UK economy.

Fonte perhaps.

That's of less interest to the US than it is to the UK. Your numbers are also way off: https://www.census.gov/foreign-trade/statistics/highlights/toppartners.html This is not t say that the UK is not an important trading partner. Far from it. But TTIP, TTP as well as global initiatives on services are massive ambitious projects that any new president will inherit and are unlikely be set aside to prioritise a deal with the UK.

No it won't. The UKIP freaks may think Obama's poliicy position is somehow colonially and racially inspired. But he is simply expressing national self-interest as its been understood by the US establishment for decades. The US has bigger fish to fry and bigger trade prizes on the table than a UK deal and that won't change with the new president. One wildcard perhaps is the election of Trump, though he'll likely be preoccupied with dismantling TPP and gunning for the Chinese, Mexicans and every other alleged trade violator. Of course even if a deal with the UK was prioritised it would be akin to rearranging the deck chairs on the titanic due to the cluster**** a Trump presidency would likely usher in.