We own lots of assets overseas, foreigners own lots of assets here

For what it's worth, our net asset position is roughly equal (ie the two sides roughly cancel each other out).

It's what 'interconnected' means. It's why the slogan was so meaningless (or worse, completely dishonest).

Posted By: Tricky Hawes on June 25th 2016 at 11:44:12

Message Thread

Well done Brexiters - our credit rating going to shit. Cheers! (n/m) (General Chat) - essexcanaryOTBC, Jun 25, 11:21:20
- Outlook not rating. (n/m) (General Chat) - Jim, Jun 25, 12:33:16
  - Rating has just been cut I believe. (n/m) (General Chat) - tudders, Jun 25, 12:55:13
    - Wouldn't surprise me. Think leavers/outers are in a bit of denial about the shit (General Chat) - essexcanaryOTBC, Jun 25, 13:05:39
      - I voted leave as we will be economically better off. (n/m) (General Chat) - Ken Breadstick, Jun 25, 13:15:10
        
        How? (n/m) (General Chat) - essexcanaryOTBC, Jun 25, 13:22:06
  - Economic outlook by rating agencies. What does that normally lead to?? (n/m) (General Chat) - essexcanaryOTBC, Jun 25, 12:50:13
    - It's indicative of the uncertainty. They, like everyone else, are waiting to see (n/m) (General Chat) - Jim, Jun 25, 15:21:32
- Wonga? (n/m) (General Chat) - Men without hats, Jun 25, 11:23:36
- Good for me though. Means interest rates will start climbing steeply. Ever cloud...... (n/m) (General Chat) - CB41, Jun 25, 11:23:29
  - no. Bank of England are forecst to cut the base rate to 0.25% in next couple of months (n/m) (General Chat) - Ralf Scrampton, Jun 25, 12:55:08
    - Probably zero eventually, and flood the markets with money - devaluing it even further (n/m) (General Chat) - essexcanaryOTBC, Jun 25, 13:06:07
  - yep me too - piss poor savings. Not sure about mothballing the housebuid though. (n/m) (General Chat) - Men without hats, Jun 25, 11:24:49
- For a slogan (General Chat) - mr carra, Jun 25, 11:23:04
  - Hannan said "some" control today re: immigration. Some can mean almost none haha (n/m) (General Chat) - essexcanaryOTBC, Jun 25, 11:34:58
  - very very true dat . Don't think the British own much of Britain anymore. (n/m) (General Chat) - Men without hats, Jun 25, 11:26:09
    - We own lots of assets overseas, foreigners own lots of assets here (General Chat) - Tricky Hawes, Jun 25, 11:44:12
    - We live in a globalised world MWH. Every (most) nations are interconnected (n/m) (General Chat) - essexcanaryOTBC, Jun 25, 11:38:48

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