Should the UK leave the EU?

[Meshugger]

http://news.sky.com/story/1716537/ftse-100-plunges-by-120bn-after-brexit

 

Guys here is some accurate economic insight around the short term consequences of the BREXIT

 

But remember this is mostly due to global economic uncertainty, the FTSE  will recover once things stabilize  

 

If was a speculator, i would've shorted a lot of UK-stock and cashed in. Then investing in export-based UK-firms as the pound got weaker from market uncertainty. 

 

Profit.

[Hiro Protagonist]

It should come as no surprise but Fox News doesn't know the difference between the EU and the UN.

 

https://twitter.com/LeighHolmwood/status/746243602561568768/photo/1?ref_src=twsrc%5Etfw

[Malcador]

 

 

Nigel Farage disowns Vote Leave '£350m for the NHS' pledge hours after result. Funny.

 

 

 

 

 

Well, i thought better about you man...

I'd say "sorry to disappoint" if I was.

 

IMF says the recovery of the 2008 crisis will probably be undone by Britain's vote, as it predicts between 1-2% recession for all european countries. Thanks a lot, Brits.

so everyone who doesn't share your view is old, uneducated or poor smuck? good to know

That is not what I said and you know it. And for the record, I'm not exactly in great financial health myself.

mate what do you mean, you just type exactly that:

 

It is. The same thing will happen - the old, poor and uneducated schmucks will vote yes. And we have a lot of those, to the point that I was already seriously considering moving.

Just means there are more and more dumb sheep in his country. Always a good reason to move if you find yourself surrounded by meshbacks

[Blarghagh]

Google only gave me pictures of desk chairs. What does meshback mean?

[kgambit]

Google only gave me pictures of desk chairs. What does meshback mean?

 

slang for trailer trash or inbred white trash - derived from people wearing cheap adjustable baseball caps with a nylon webbed (i.e. mesh) back - often worn peak to back and the cap frequently carries a logo for a tractor company

[Blarghagh]

Aw man, I miss all the cool slang not living in an English speaking country.

[HoonDing]

I question whether any of the founding members of EU can even leave. Fairly sure there's an unwritten agreement that they cannot.

[WDeranged]

Entire British Empire restored 

[Namutree]

 

 

Well its that strange notion that after WWII and what Hitler did no one is allowed to be nationalist - because Hitler. Strange that noone have problem with socialists because Stalin

 

 

Maybe because Stalin was not socialist

 

Lies for the weak. 

[Raithe]

And one thing to remember...

 

[Hiro Protagonist]

Make the Empire great again.

 

https://www.youtube.com/watch?v=yHNfvJc99YY

Edited June 24, 2016 by Hiro Protagonist

[Guard Dog]

I bought gold last week. That's looking like a good move so far. The question is how long to hold it because as Bruce said, a week from now the financial markets will wonder what the big deal was. Commodities tend to over-correct.

[Malcador]

And one thing to remember...

 

Well as long as you're not a refugee. Or brown.

[Mamoulian War]

 

 

 

Well its that strange notion that after WWII and what Hitler did no one is allowed to be nationalist - because Hitler. Strange that noone have problem with socialists because Stalin

 

 

Maybe because Stalin was not socialist

 

Lies for the weak. 

 

I hereby welcome your opinion, but respectfully disagree with it

[Mamoulian War]

 

And one thing to remember...

 

Well as long as you're not a refugee. Or brown.

 

Or east european part-time worker, which took your job, which you would never even consider to apply for it, in the first place

[Raithe]

Live scenes from the Channel Tunnel....

Edited June 24, 2016 by Raithe

[Namutree]

 

 

 

 

Well its that strange notion that after WWII and what Hitler did no one is allowed to be nationalist - because Hitler. Strange that noone have problem with socialists because Stalin

 

 

Maybe because Stalin was not socialist

 

Lies for the weak. 

 

I hereby welcome your opinion, but respectfully disagree with it

 

I was actually just spouting a Halo 2 quote that was on my mind for some reason.

[Raithe]

The comment I've seen bouncing around at the moment runs along the line of: “the key fact that needs to be recognised is that the British public voted against every major political party leader and corporation and is anyone going to understand that?”

[Mamoulian War]

I have never played Halo, so allow me to apologize for failing this reference check

[Mamoulian War]

The comment I've seen bouncing around at the moment runs along the line of: “the key fact that needs to be recognised is that the British public voted against every major political party leader and corporation and is anyone going to understand that?”

 

Well, I am afraid, that western politicians will only understand that some motion like this is among the populace, only when there will be coup-d'etat happening in front of their office...

[Gorgon]

It will be interesting to see if this will lead to another go at Scottish independence. Can't really blame them for not wanting to be dragged down by this. 

[BruceVC]

I bought gold last week. That's looking like a good move so far. The question is how long to hold it because as Bruce said, a week from now the financial markets will wonder what the big deal was. Commodities tend to over-correct.

Also just to add to this, Mark Carney the Governor of the Bank of England had the following reasonable and prudent words to say 

 

 " The Bank of England said it was "monitoring developments closely" and pledged to "take all necessary steps to meet its responsibilities for monetary and financial stability". Governor Mark Carney said market and economic volatility was to be expected as the UK negotiates new relationships with Europe and the rest of the world but that it was "well prepared for this" after extensive contingency planning with the Treasury. He said the Bank was ready to provide more than £250bn of additional funds to keep markets functioning and would not hesitate to take further measures " 

 

So we just need to let things stabilize, the UK is fundamentally a stable and strong  economy. And it will still offer real sustainable and positive returns for investors

 

And the people who manage the UK financial sector also know what they  doing even  if at times things appear chaotic 

[pmp10]

The comment I've seen bouncing around at the moment runs along the line of: “the key fact that needs to be recognised is that the British public voted against every major political party leader and corporation and is anyone going to understand that?”

Even beforehand there were a few articles about the class difference regarding EU vote:

http://www.spectator.co.uk/2016/06/britains-great-divide/

https://www.theguardian.com/commentisfree/2016/jun/17/britain-working-class-revolt-eu-referendum

[Raithe]

Everyone has that "omg" going at the moment. I really think we need to take a pause and see where things are a week from now, a month from now, and a year down the line. Then you can safely say what the hell is going on. Until then, it'll likely be a case of extreme over-reactions leading to more over-reactions to course correct...

[BruceVC]

 

 

And one thing to remember...

 

Well as long as you're not a refugee. Or brown.

 

Or east european part-time worker, which took your job, which you would never even consider to apply for it, in the first place

 

 

There is definitely some unnecessary and unsubstantiated criticism throughout the EU from some  sectors of the population   towards East Europeans and how " they taking jobs "

 

I wouldn't take it seriously...I know thats probably harder to do than it may appear as it must get frustrating at times