???? Posted December 9, 2015 Share Posted December 9, 2015 ....that independence thing sure would have turned out good Link to comment https://www.eastdulwichforum.co.uk/topic/86328-oil-at-40-a-barrelllucky-escape-for-the-sweaties/ Share on other sites More sharing options...
Mick Mac Posted December 9, 2015 Share Posted December 9, 2015 Will probably have some impact on Scotland through reduced activity by the oil giants. Link to comment https://www.eastdulwichforum.co.uk/topic/86328-oil-at-40-a-barrelllucky-escape-for-the-sweaties/#findComment-936469 Share on other sites More sharing options...
???? Posted December 9, 2015 Author Share Posted December 9, 2015 Yup. But that beats a full on sovereign debt crisis by about a milion Link to comment https://www.eastdulwichforum.co.uk/topic/86328-oil-at-40-a-barrelllucky-escape-for-the-sweaties/#findComment-936478 Share on other sites More sharing options...
numbers Posted December 9, 2015 Share Posted December 9, 2015 The SNP oil forecasts were laughable at the time. Can't wait to see that lying shower of incompetent arseholes booted out. Link to comment https://www.eastdulwichforum.co.uk/topic/86328-oil-at-40-a-barrelllucky-escape-for-the-sweaties/#findComment-936532 Share on other sites More sharing options...
???? Posted December 9, 2015 Author Share Posted December 9, 2015 ...even for Corbyn's Marxist leninist mob? Link to comment https://www.eastdulwichforum.co.uk/topic/86328-oil-at-40-a-barrelllucky-escape-for-the-sweaties/#findComment-936545 Share on other sites More sharing options...
Lowlander Posted December 9, 2015 Share Posted December 9, 2015 Everyone's forecasts are laughable in hindsight. The SNP chose the most optimistic figures and the UK Government the most conservative.Both were wrong, along with most of the banks (Goldmans were forecasting $100 a barrel against the SNP's $110) Link to comment https://www.eastdulwichforum.co.uk/topic/86328-oil-at-40-a-barrelllucky-escape-for-the-sweaties/#findComment-936568 Share on other sites More sharing options...
miga Posted December 9, 2015 Share Posted December 9, 2015 Yeah - agree that while those predictions seem laughable now, they weren't wildly out of line with what "the experts" thought. Anyway - if at the time someone thought they were laughable they could have made a pretty penny by now based on their "realistic" expectations. Link to comment https://www.eastdulwichforum.co.uk/topic/86328-oil-at-40-a-barrelllucky-escape-for-the-sweaties/#findComment-936593 Share on other sites More sharing options...
???? Posted December 9, 2015 Author Share Posted December 9, 2015 Yeah but the forecasts aren't the point, in a way they illustrate the whole risky idea; the gambling on oil when you're a one trick pony is the reckless bit when you can stay with your lovely, sensible neighbours. We'd have had to have armed guards on the border by now. Link to comment https://www.eastdulwichforum.co.uk/topic/86328-oil-at-40-a-barrelllucky-escape-for-the-sweaties/#findComment-936648 Share on other sites More sharing options...
miga Posted December 9, 2015 Share Posted December 9, 2015 Oh, with that I fully concur. Pinning your economy on one commodity is wacky. Link to comment https://www.eastdulwichforum.co.uk/topic/86328-oil-at-40-a-barrelllucky-escape-for-the-sweaties/#findComment-936682 Share on other sites More sharing options...
Blah Blah Posted December 9, 2015 Share Posted December 9, 2015 A bit like pinning your economy on just the city and property even ;) Link to comment https://www.eastdulwichforum.co.uk/topic/86328-oil-at-40-a-barrelllucky-escape-for-the-sweaties/#findComment-936704 Share on other sites More sharing options...
numbers Posted December 9, 2015 Share Posted December 9, 2015 ???? Wrote:-------------------------------------------------------> ...even for Corbyn's Marxist leninist mob?yep. At least you know where you are with them. Link to comment https://www.eastdulwichforum.co.uk/topic/86328-oil-at-40-a-barrelllucky-escape-for-the-sweaties/#findComment-936711 Share on other sites More sharing options...
Lowlander Posted December 9, 2015 Share Posted December 9, 2015 ???? Wrote:-------------------------------------------------------> Yeah but the forecasts aren't the point, in a way> they illustrate the whole risky idea; the gambling> on oil when you're a one trick pony is the> reckless bit when you can stay with your lovely,> sensible neighbours. We'd have had to have armed> guards on the border by now.Uh, you mean Engand's financial one trick pony financial services?! Let's have a look at the Bank of England's "cover all bases" forecasting, i.e. anything between -1% and +4% is "on target" http://blogs.ft.com/the-world/liveblogs/2014-11-12-2/ Link to comment https://www.eastdulwichforum.co.uk/topic/86328-oil-at-40-a-barrelllucky-escape-for-the-sweaties/#findComment-936724 Share on other sites More sharing options...
???? Posted December 10, 2015 Author Share Posted December 10, 2015 England's financial services would be fine without having the Bits fooked up by the Scottish banking mafia Sir Fred and the RBS (Royal Bank of Scotland) HQ Edinboro' and HBOS - guess what the BOS stands for and the Scottish based BOS was mainly responsible for the horrendous commercial property loans that took out HBOS and yet Pravda SNP still blamed the 'spivs in the City' rather than the spivs in Edinboro Link to comment https://www.eastdulwichforum.co.uk/topic/86328-oil-at-40-a-barrelllucky-escape-for-the-sweaties/#findComment-936746 Share on other sites More sharing options...
???? Posted December 10, 2015 Author Share Posted December 10, 2015 ...not to mention the custodians of the country and economy at that time Messrs Brown and Darling...now where they from? Link to comment https://www.eastdulwichforum.co.uk/topic/86328-oil-at-40-a-barrelllucky-escape-for-the-sweaties/#findComment-936747 Share on other sites More sharing options...
???? Posted December 10, 2015 Author Share Posted December 10, 2015 numbers Wrote:-------------------------------------------------------> ???? Wrote:> --------------------------------------------------> -----> > ...even for Corbyn's Marxist leninist mob?> > yep. At least you know where you are with them.Yup. Marching round Grosvenor Square circa 1968 Link to comment https://www.eastdulwichforum.co.uk/topic/86328-oil-at-40-a-barrelllucky-escape-for-the-sweaties/#findComment-936748 Share on other sites More sharing options...
Blah Blah Posted December 10, 2015 Share Posted December 10, 2015 ???? Wrote:-------------------------------------------------------> ...not to mention the custodians of the country> and economy at that time Messrs Brown and> Darling...now where they from?Yes. because it never went wrong under Thatcher, Major and Lamont - oh wait!!!! Link to comment https://www.eastdulwichforum.co.uk/topic/86328-oil-at-40-a-barrelllucky-escape-for-the-sweaties/#findComment-936753 Share on other sites More sharing options...
numbers Posted December 10, 2015 Share Posted December 10, 2015 Thatcher, Major and Lamont weren't from Scotland! Link to comment https://www.eastdulwichforum.co.uk/topic/86328-oil-at-40-a-barrelllucky-escape-for-the-sweaties/#findComment-936758 Share on other sites More sharing options...
miga Posted December 10, 2015 Share Posted December 10, 2015 ???? Wrote:-------------------------------------------------------> England's financial services would be fine without> having the Bits fooked up by the Scottish banking> mafia Sir Fred and the RBS (Royal Bank of> Scotland) HQ Edinboro' and HBOS - guess what the> BOS stands for and the Scottish based BOS was> mainly responsible for the horrendous commercial> property loans that took out HBOS and yet Pravda> SNP still blamed the 'spivs in the City' rather> than the spivs in EdinboroHang on, hang on...one of the key factors that sunk RBS in 2008 was the disastrous takeover of ABN Amro (2007/2008), a takeover they *won* ahead of Barclays, which both were dead set on. There but for the grace of God etc...Also, and this is the bigger problem with what you said, it's naive to think of any of these big banks as "national" banks servicing some kind of nationalist agenda. Certain "types" cluster in the leadership teams, but this has not much to do with the bank's country of origin. Long bow. Link to comment https://www.eastdulwichforum.co.uk/topic/86328-oil-at-40-a-barrelllucky-escape-for-the-sweaties/#findComment-936779 Share on other sites More sharing options...
miga Posted December 10, 2015 Share Posted December 10, 2015 Blah Blah Wrote:-------------------------------------------------------> A bit like pinning your economy on just the city> and property even ;)Well, that's two (non-commodity) sectors already...But "the City", however you choose to define it, often has its importance to the overall economy a bit overstated anyway*. The whole financial sector makes up less than 10% of the overall economy**. As anyone with an expensive education in something very useful like economy or political sciences knows***, it's the buying and selling of capuccinos that keeps all western economies ticking along.*different topic**www.parliament.uk/briefing-papers/sn06193.pdf***not useful Link to comment https://www.eastdulwichforum.co.uk/topic/86328-oil-at-40-a-barrelllucky-escape-for-the-sweaties/#findComment-936785 Share on other sites More sharing options...
???? Posted December 10, 2015 Author Share Posted December 10, 2015 miga Wrote:-------------------------------------------------------> Blah Blah Wrote:> --------------------------------------------------> -----> > A bit like pinning your economy on just the> city> > and property even ;)> > Well, that's two (non-commodity) sectors> already...But "the City", however you choose to> define it, often has its importance to the overall> economy a bit overstated anyway*. The whole> financial sector makes up less than 10% of the> overall economy**. As anyone with an expensive> education in something very useful like economy or> political sciences knows***, it's the buying and> selling of capuccinos that keeps all western> economies ticking along.> > *different topic> **www.parliament.uk/briefing-papers/sn06193.pdf> ***not usefulPlus You need to add on all the interconnected services that benefit from the 'spivs' - legal & consultamcy being the high profile ones; plus the property; high end goods & services etc etc. Bit more than some dead animals in the North Sea bed Link to comment https://www.eastdulwichforum.co.uk/topic/86328-oil-at-40-a-barrelllucky-escape-for-the-sweaties/#findComment-936911 Share on other sites More sharing options...
???? Posted December 10, 2015 Author Share Posted December 10, 2015 ...but, more importantly, I've clearly failed in my objective of tempting Snorks out of his pit of self-loathing and despair Link to comment https://www.eastdulwichforum.co.uk/topic/86328-oil-at-40-a-barrelllucky-escape-for-the-sweaties/#findComment-936912 Share on other sites More sharing options...
BrandNewGuy Posted December 10, 2015 Share Posted December 10, 2015 numbers Wrote:-------------------------------------------------------> Thatcher, Major and Lamont weren't from Scotland!Lamont's from Shetland. Mind you, that's not really Scotland ;-) Link to comment https://www.eastdulwichforum.co.uk/topic/86328-oil-at-40-a-barrelllucky-escape-for-the-sweaties/#findComment-936960 Share on other sites More sharing options...
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