Brexit - What Now.

[Kato]

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Well his bet is going the wrong way just now then...pound has been strengthening substantially against the dollar and the euro the last few weeks...Boris better hope Odey can cover the margin calls on his £300m.

That only helps him, if the pound is doing well it falls from a greater height - more cash for him.

[RyeSloan]

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That only helps him, if the pound is doing well it falls from a greater height - more cash for him.

Thats not how it works but hey ho it’s already been called simple and obvious and whatever in terms of currency speculating and insider trading on here so I’ll leave this here.

Edit: Oh and just a few final details. The Odey short called out above is not actually a currency short at all. It’s the total value of Odey Asset Managements short bets against some UK stocks. Those shorts are on the likes of Metro Bank, Royal Mail, AA, Lookers etc...Shorts that have been in play for some time and clearly aligned to companies that are already in troubled waters and not exactly linked to Brexit.
And finally Odey clearly should stop following Boris’ tips as the fund he runs (swan Fund) performance has been crap and has lost money since the referendum so not exactly making the easy millions suggested.

[Cataplana]

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Well his bet is going the wrong way just now then...pound has been strengthening substantially against the dollar and the euro the last few weeks...Boris better hope Odey can cover the margin calls on his £300m.

It ain't over till the fat lady sings.

[Kato]

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Thats not how it works but hey ho it’s already been called simple and obvious and whatever in terms of currency speculating and insider trading on here so I’ll leave this here.

Edit: Oh and just a few final details. The Odey short called out above is not actually a currency short at all. It’s the total value of Odey Asset Managements short bets against some UK stocks. Those shorts are on the likes of Metro Bank, Royal Mail, AA, Lookers etc...Shorts that have been in play for some time and clearly aligned to companies that are already in troubled waters and not exactly linked to Brexit.
And finally Odey clearly should stop following Boris’ tips as the fund he runs (swan Fund) performance has been crap and has lost money since the referendum so not exactly making the easy millions suggested.

I bow to your greater knowledge of the mechanics. I will say Odey won't be financing him on the off-chance he improves the NHS or homelessness and will be in it looking for a profit.

A more interesting stroy could be developing with these guys who are trying to uncover more information on Alexander Temerko, another Tory financier and his possible links to teh Russian military and govt.

https://twitter.com/nicktolhurst/sta...30203287363585

[cabbageandribs1875]

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[Jack Hackett]

The money markets are responding with great optimism at the news that a deal is imminent. The pound is now at an 18 month high against the euro. If you're going eurozone in the next few months, and have spare cash just lying around, then get yours while you can because I suspect a small crash will swiftly follow when reality bites

[SHODAN]

Looks like Johnson can't get the DUP onside.

[southsider]

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Looks like Johnson can't get the DUP onside.

They need to change their name to the democratic No Party as that’s all they ever do.

[mjhibby]

I think Johnson thinks the bill will pass it just out exhaustion with brexit. We shall see. It seems it's roughly the same proposal Mrs may said no prime minister could vote for. Does that mean that she and all her supporters won't vote for it. We know the answer. The Tory party are utter hypocrites with no morals,backbone or loyalty to anybody bar the rich and entitled. How the fffff folk can't see this is beyond me.

[Hibby70]

Mark Francois losing it a bit on BBC news when the loud hailer guy was shouting over him.

Called him an idiot and was clearly getting to him.

[lapsedhibee]

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Mark Francois losing it a bit on BBC news when the loud hailer guy was shouting over him.

Called him an idiot and was clearly getting to him.

Absolute outrage if the nation was being denied the chance to hear his words of wisdom. What was he trying to say, that his dad would never have laid down his arms in the way that Johnson's now contemplating?

[Ozyhibby]

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[Ozyhibby]

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[BroxburnHibee]

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No offered her enough cash yet.

[lapsedhibee]

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No offered her enough cash yet.

Which, if she takes it, can next election be portrayed by the UUP, for the purposes of making their comeback, as a betrayal of the Union. So perhaps money won't do the trick on this occasion.

[Colr]

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Which, if she takes it, can next election be portrayed by the UUP, for the purposes of making their comeback, as a betrayal of the Union. So perhaps money won't do the trick on this occasion.

They would be better employed finding 20 labour MPs who could be persuaded to back the deal.

[Moulin Yarns]

Have we agreed a deal yet? 😁

[CloudSquall]

Scottish Tories standing up for Scotland yet again,

https://twitter.com/nickeardleybbc/s...26365371715585

https://twitter.com/nickeardleybbc/s...68100407803905

[Callum_62]

Couldn't we have had this deal 2 years ago.?

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[Ozyhibby]

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Scottish Tories standing up for Scotland yet again,

https://twitter.com/nickeardleybbc/s...26365371715585

https://twitter.com/nickeardleybbc/s...68100407803905

It was ever thus. Their nationalism comes first before anything else. Loyalty to the flag is more important to them than any concern for the economic well being of Scotland.


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[Callum_62]

What do the Scottish tories actually do for Scotland?

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[Hibrandenburg]

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What do the Scottish tories actually do for Scotland?

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Keep us in the Union.

[Bristolhibby]

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It was ever thus. Their nationalism comes first before anything else. Loyalty to the flag is more important to them than any concern for the economic well being of Scotland.


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You mean Loyalty to the Party.

J

[Ozyhibby]

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You mean Loyalty to the Party.

J

Difficult to say, I haven’t heard a single conservative policy idea from them in a very long time. Lots of Union flag waving though.


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[Moulin Yarns]

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Couldn't we have had this deal 2 years ago.?

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There is no deal that will pass parliament.

[CloudSquall]

DUP released a statement to say they can't accept the deal as it stands.

[GlesgaeHibby]

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DUP released a statement to say they can't accept the deal as it stands.

Not surprising. Not sure even with DUP support it would pass. How many expelled former Tories will support?

[Jack]

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Not surprising. Not sure even with DUP support it would pass. How many expelled former Tories will support?

I'm fairly sure that when the political commentators talk about 'the numbers' they will have spoken to those members most likely to be an unknown quantity like the former Torys and will have a fair idea of their intentions. That goes for the members of all parties likely to swither.

Edit. At this time it would be foolhardy to predict anything from anyone or any party.

[Moulin Yarns]

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DUP released a statement to say they can't accept the deal as it stands.

https://www.bbc.co.uk/news/uk-politics-50077760

You heard it here first

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There is no deal that will pass parliament.

Boris Johnson

Well I, um, I got the best deal but I, um, I can't get parliamentary agreement. What more could I, um, I do. It was the best deal available and now the DUP, um, DUP have stopped Britain from carrying out the will, um, will of the people.

[lapsedhibee]

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Couldn't we have had this deal 2 years ago.?

Ah no, you see because it's only the imminent threat of No Deal and the overblown hype about Surrender, Betrayal, Traitors, etc - in other words the marvellous negotiating and oratorical skills of the present PM - that have brought EU dictators to their knees and obliged them to agree to re-open the Withdrawal Act.