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Mr Jinx

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We don’t always get what we want. You could ask the Jinx though, he’s about.
The clue is in the word 'Hedge'. It's just what they do (and always have done). Nothing to read there.
 

Jason H

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We don’t always get what we want. You could ask the Jinx though, he’s about.

BTW it was briefly mentioned on R5Live this morning, by Nicky Campbell, and they moved on swiftly.

Hmmm, the article in question produces all these lovely bar charts without any citation so as to avoid fact-checking scrutiny and puts in links that don't link to anything they are quoting in terms of the figures they've put in to make their (somewhat spurious in any case) point.

I'll pass, thanks.
 

Jason H

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The conspiracy theory around this has been thoroughly debunked in any case. For example, one of the people involved in the article, Paul Marshall, has £1.3bn in short positions, but has a total of around £30bn tied up in assets meaning it's not in his interest for the economy to tank. Something conveniently missed out by the article.
 

IndoMike

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We don’t always get what we want. You could ask the Jinx though, he’s about.

BTW it was briefly mentioned on R5Live this morning, by Nicky Campbell, and they moved on swiftly.

This should be front page news.
 

IndoMike

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The conspiracy theory around this has been thoroughly debunked in any case. For example, one of the people involved in the article, Paul Marshall, has £1.3bn in short positions, but has a total of around £30bn tied up in assets meaning it's not in his interest for the economy to tank. Something conveniently missed out by the article.
So you're saying that the economy would tank with NO DEAL
 

arthur

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Why is the government boasting about spending so much time and money preparing for something that is illegal?:cool:
 

arthur

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Not at all. I just wanted to know if your opinions were formed from first hand experience or reading the Guardian. Thanks for the clarification.
No, I read it in the Daily Mail. Presumably if a similar story appeared in the Guardian it would simply be a left wing opinion rather than an honest account of how life is lived by some people in the UK
 

IndoMike

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The conspiracy theory around this has been thoroughly debunked in any case. For example, one of the people involved in the article, Paul Marshall, has £1.3bn in short positions, but has a total of around £30bn tied up in assets meaning it's not in his interest for the economy to tank. Something conveniently missed out by the article.
You're saying that there's no conspiracy between Johnson and (e.g) Paul Marshall -= Marshall doesn't want NO DEAL because he has 30bn invested and doesn't want the economy to tank = NO DEAL could cause the economy to tank.
 

Jason H

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You're saying that there's no conspiracy between Johnson and (e.g) Paul Marshall -= Marshall doesn't want NO DEAL because he has 30bn invested and doesn't want the economy to tank = NO DEAL could cause the economy to tank.
I'm saying nothing of the sort. Read the article - it is this piece of tinfoil hat nonsense that is making the claim that Johnson's hedge fund chums stand to make a packet should the "No Deal disaster" happen. While conveniently ignoring that their wider assets mean they wouldn't actually make on the economy tanking.
 

IndoMike

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I'm saying nothing of the sort. Read the article - it is this piece of tinfoil hat nonsense that is making the claim that Johnson's hedge fund chums stand to make a packet should the "No Deal disaster" happen. While conveniently ignoring that their wider assets mean they wouldn't actually make on the economy tanking.
I'm talking about what you wrote, not the article. And you're clearly saying that these guys would not make a packet if NO DEAL happens but their 39bn investment is more at risk with NO DEAL because the economy might tank. You are saying that!
 

Jason H

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I'm talking about what you wrote, not the article. And you're clearly saying that these guys would not make a packet if NO DEAL happens but their 39bn investment is more at risk with NO DEAL because the economy might tank. You are saying that!
I am saying no such thing. I was speaking quite clearly about the conspiracy theory in the article. It is the article that claims the economy will tank in the event of no deal, not me.
 

IndoMike

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I understand perfectly well what I wrote, and at no point did I say the economy would tank under no deal. It's you who has inferred, and inferred incorrectly.
I am confident that I inferred exactly what you implied, but in order to avoid a silly spat and because I'm listening to TMS i' m going to leave it for now.
 

spanky

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Best line I've heard for a while, on Alexander de Pfeffel replacing Theresa May;

"It's the first time a robot has been replaced by an unskilled worker."

 

RaeUK

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... the article in question produces all these lovely bar charts without any citation so as to avoid fact-checking scrutiny and puts in links that don't link to anything they are quoting in terms of the figures they've put in to make their (somewhat spurious in any case) point.
From what I can see, it's just a crowd-funded blog with quasi-journalistic aspirations. The internet seems filled with them these days.
 

elginCity

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The conspiracy theory around this has been thoroughly debunked in any case. For example, one of the people involved in the article, Paul Marshall, has £1.3bn in short positions, but has a total of around £30bn tied up in assets meaning it's not in his interest for the economy to tank. Something conveniently missed out by the article.
Debunked where ?

Billionaires’ assets and portfolio are globally diversified, often offshore. Should he make an overnight killing on a tanking currency and economy, as Crispin Odey did after the referendum result, he won’t even have to worry about realising any devalued UK assets, just sit on them !
 
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