Guided Missile

The pound's in the $h!tter then, lads.... Currency trading? It's a mugs game...

“I think Brexit will lead to lower taxes in the UK but higher taxes in the EU.” INVESTMENT BANKER BASED IN FRANKFURT

While Germany sucks the jobs out of the rest of the Eurozone:

Pick the bones out of the report, here...

...and the good news continues, here: Cue the remainers trying to turn that into bad news...

Funny you should say that:

...but am I the only one that struggles to have any sympathy for the plight of the British Virgin Islands? The British Virgin Islands' premier, Orlando Smith, said: Meanwhile, that well known tax dodger, Sir Richard Branson is on the case: For those that are interested, the tax structure of the British Virgin Islands is as follows: no capital gains tax, no gift tax, no sales tax or value added tax, no profit tax, no inheritance tax or estate duty, and no corporation tax. There is technically still income tax assessed in the British Virgin Islands for companies and individuals, but the rate of taxation has been set at zero. The UK taxpayer gets mugged again....

...or, listen to the whole interview here, from 1:08:58 on. Uncomfortable listening to anyone with a hard-on, for Jean Claude-Juncker and his posse...

Iceland Foreign Minister interview, now on the BBC website here. "Are you watching, are you watching, are you watching Barnier....?"

I listened to him on the way into work on Radio 4. His comments should be required listening to anyone with an open mind about Brexit, from an informed third party without an axe to grind. Keen to get the UK into EFTA. Nice to listen to a politician with an alternative lesson to educate the British about. Maybe Barnier should be sent an audio tape....

The Times bang on the money, as usual, here:

Jerry Lewis raised over $2.6 billion for a Muscular Dystrophy charity over nearly half a century. Being funny isn't really the measure of a human being.

You had to quote pal, didn't you? Well, as I have 5 minutes after spending my day playing businessman, maybe you should read Matt Ridley, in a paper I subscribe to. His point is related not to economics in general but protectionist trade models, that the EU and particularly France with regard to their farming economy and Germany, with regard to their corrupt car industry, exemplify. This part of his article follows on from a point I made earlier in this thread: Those following me on this thread will remember this post of mine: As far as "how the world actually works", your pal needs to wise up and remember the golden rule. He who has the gold makes the rules. This applies to artificial tariffs distorting trade and £60 billion a month spent by the European Central Bank buying bonds to keep interest rates low and prop up bankrupt Eurozone countries and banks, so that the Eurozone has a semblance of economic growth. I can't wait until the chickens come home to roost for Draghi and the ECB. As Warren Buffett said, "Only when the tide goes out do you discover who's been swimming naked." Finally, with regard to Grenfell, the resident trolls will note that my thread was started before the identity of the resident, whose fridge exploded, was known and Hotpoint have still not recalled the fridges already sold, being content apparently, with their safety. Still, play the race cards, guys as you are obviously bereft of a decent counterargument. I'll look forward to your profuse apologies, when the cause of the fire is published.

I read it with interest, although, I think you should really credit the other 15 economists that contributed, as Matt Ridley in the Times did today: Still, some people prefer ad hominem arguments. It's far easier than actually reading...

Just seen a video of the new owner arriving at Southampton Airport, here.

Cough, cough... and, here:

Appalling grammar and punctuation. Have you considered evening classes?

Selling shares in a company for £200 million attracts far less tax than selling the shares in a company for £140 million plus taking £60 million in cash out. I'm not a tax expert, but I have a feeling that Kat's tax bill may have something to do with the shareholder's reluctance to sell VVD.

Captain Broke offering Captain Lawrence out, by letter: An example of the best that the Royal Navy had to offer. Hard as nails....

Great news for Pompey and for the region as a whole. I wish them the best of luck. Whatever our loyalties, we should all agree that the fans saved their club, as did our own Leon Crouch. He is the only reason for Southampton's continued existence as a business when he put his own money into the club, "out of the goodness of his own heart". I hope the Pompey fans, that put money up are not forgotten, like Leon Crouch has been. Liebherr and Eisner will make a fortune out of their investment, but the Pompey fans and Leon Crouch won't. Profit wasn't their motivation. On another topic, I have an additional link, that Michael Eisner has to Portsmouth. So, for those that are interested, here goes: Captain James Lawrence is a national hero in the US and many places are named after him. One, is Lawrence Township in New Jersey. In 1816, the town was renamed in his honour and a school, Lawrenceville School, a very expensive and exclusive prep school was founded. Michael Eisner went to this school. I found it interesting, anyway...

As you're on ignore, I haven't bothered to read your usual trolling b0ll0x, but I have one question, before I permanently ignore you. Why would a grown man bother to post as "shurlock" and as "Jonnyboy", in a vain attempt to get my attention? Not that I'll read your justification. I'd grow up and get a life, pal...or yet another logon ID.

Meanwhile, the last three months in Germany? ...and France?

FTSE since the referendum:

If Carney kept his mouth shut, maybe business confidence would be higher. For me, his and the Treasury predictions, have zero credibility.

More bad news for the remainers on the currency markets: Thank God I didn't bet against the pound sterling in July...