kowenicki said:
SciFiBoy said:
kowenicki said:
SciFiBoy said:
kowenicki said:
the simple fact is that markets dont like uncertainty... hung parliament = uncertainty.
the pound would get hammered and the markets would fall quite sharply, its a fact.
that, in the current economic situation, would be very bad. |
fearmongering nonsense, the pound will be fine, so will co-allition government, it will also be more democratic as more partys and views get heard.
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how many fund managers, forex brokers and economic advisers to international banks do you speak to on a daily basis?
I speak to lots...
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I just dont think the Pound is gonna nose dive if we have a hung parliament, ive yet to see or hear anything that actually says why this would happen, its always tory fans saying it and they never explain it.
spell out for me, here and now:
1. why would a hung parliament make the pound go down, and I want hard facts, proof from other nations, not just "because it will".
2. why is the pound being worth less going to hurt the economy?
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2. Are you saying we are a strong export economy? or do we import lots? or havent you got a clue?
1. History tells me, I think the markets dropped 20% after the last hung parliament for instance. Other natuions are irrelevant, they are used to this kind of event. And more importantly people who RUN the markets tell me... like I said there will be uncertainty and hesitancy of policy, thats undeniable, that breeds market jitters... simple.
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im not claiming to be an economist, im asking you why you say these things are bad.
lets join the Euro then, that wont drop. 
let me guess, the people who run the markets are capitalists and Tories? shocker, of course they dont want a hung parliament...
