London post-brexit as a financial center

Discussion in 'Wall St. News' started by TraDaToR, Dec 12, 2018.

  1. Visaria

    Visaria

    #331     Feb 5, 2019
  2. Sig

    Sig

    This is a serious news site folks. In other Express tabloid news today (Bold, all caps, and '' all copied directly from original site)

    Biblical prophecy ‘FULFILLED’ after SECRET hidden Bible code CRACKED by experts
    https://www.express.co.uk/news/weird/1082562/biblical-prophecy-fulfilled-bible-code-cracked-spt

    This Time Next Year: Davina McCall SHOCKED by ‘frisky’ photos
    https://www.express.co.uk/showbiz/t...cked-Change-Frisky-Photos-Pat-Weight-Loss-ITV

    Passenger horrified when he spots a dead COCKROACH in his plane meal
    https://www.express.co.uk/travel/articles/1082895/flights-air-india-cockroach-plane-food-passenger
     
    #332     Feb 5, 2019
    d08 likes this.
  3. Visaria

    Visaria

    What, 5 airlines bust in the last 2 years?
    They are dropping out of the sky in Germany!
    At this rate, the EU will need our airlines instead of banning them.
     
    #333     Feb 5, 2019
  4. Visaria

    Visaria

  5. Visaria

    Visaria

    #335     Feb 5, 2019
  6. apdxyk

    apdxyk

    If they leave the Uk will lose thousands of jobs

    "If", as King Leonidas said thousands years ago...
     
    #336     Feb 5, 2019
  7. Visaria

    Visaria

    Hey Schweiz, I've put stuff in LARGE LETTERS since I know you have problems with reading.
     
    #337     Feb 5, 2019
  8. schweiz

    schweiz


    This is an "IF":


    My links to articles are real figures, no IF's. They are based on the past. Not what might happen in future.

    Visaria always speaks about what might happen in future. And as he only answers selectively avoiding many of my arguments I put them in BIG LETTERS so that he maybe could read them better. But he clearly missed that. There is no wave of bankruptcy in Germany at this moment. But the UK broke all records in insolvency the last year and it is still happening. So I agree with your IF statement.
     
    #338     Feb 6, 2019
  9. monet

    monet

    The point isn't Slyngstad's investment, it's his opinion:

    We expect business [...] to develop positively no matter the outcome.

    ...an opinion backed up by a significant investment.
     
    #339     Feb 6, 2019
    Visaria likes this.
  10. schweiz

    schweiz

    He is an (probably) expert in investing but not in creating/operating a business. So to be expert in Brexit you should have a lot of experience in managing a business:
    • know import and export rules
    • know who is your competitor and what will be the impact of Brexit on your position vs the competition
    • what will be the extra costs and extra benefits after Brexit?
    • what about employees that are not British but work in the UK?
    • impact on delivery time of bought and sold materials that come from the EU
    • hundreds of other problems...
    Slyngstad has no clue about all that. On top of that NOBODY knows exactly how the situation will be, even Slyngstad does not know that. So how can he predict how things will go? I am sure that all investments that Slyngstad did, are/were not winners. So he can be wrong too, he is not God/Allah. He does identicallly what a trader does too, he is guessing based on what he thinks is reliable information.

    He clearly said "expect" which means he is not sure at all. But you changed his expectation in reality. You made a certainty out of a probability.

    His "backed by significant investments" will be only clear after the Brexit as most companies wait for the final outcome before making huge costs for delocation. A lot of investments are already put on hold, especially in the car industry (BMW, Honda, Nissan, Jaguar-Landrover).
    After the situation is clear financial institutions will calculate what to do. They will not do a multi million (billion) investment before they are 100% sure about the real situation.
     
    #340     Feb 6, 2019