Brexit Referendum - Page 61 - Politics and Economics

i figd der markts would be on full blown mega monkey tilt this morning, not really the case (yet). gbp back up to 1.39 vs usd from low of 1.32, ftse down a ho hum 4.5%

not all that much volatility either

Quote:

Originally Posted by Panmure Gordon

“UK investors often make the error of thinking our assets are priced in sterling. They’re not. [The rest of the world views them as being] priced in dollars. In dollars the market is off much more. The damage is considerable.”

06-24-2016 , 07:10 AM

#1503

Patak32

centurion

Join Date: Oct 2013 Posts: 118

Seem like a lot of people cant find any reasons for the uk or olds to vote out apart from calling them dumb or racist.

17million people in the uk aren't racist.

and news flash if the french, belgiums, germans, spanish etc were given the vote its likely that it would be very close there too.

06-24-2016 , 07:10 AM

#1504

Yakmelk

Carpal \'Tunnel

Join Date: Jun 2009 Posts: 14,109

Quote:

Originally Posted by tomdemaine

Lol what ****ing ideals? We hate foreigners? Yeah, def worth a 20% haircut.

You realize that this behavior is really just mirroring the racists on the other side right, pretending like there is no middle ground is really absurd.

06-24-2016 , 07:15 AM

#1505

BAIDS

2013 FA Cup winner

Join Date: May 2012 Posts: 32,645

thinking we kinda need a bit of a crash now

if the 20% haircut thing doesnt happen or doesnt impact the common man and woman then wow @ how utterly despised our politicians and experts will be. narrative will be that everyone 'important' - tory, labour, bank of england, economists, business leaders, everyone - were just lying to protect the elite at the expense of the people

really hope we as a nation do not turn to the 'facts dont matter' ideology of the red parts of the US

06-24-2016 , 07:19 AM

#1506

Love Sosa

veteran

Join Date: Jan 2013 Posts: 2,308

Globalists on suicide watch.

Well done Britain for taking back your independence.

06-24-2016 , 07:19 AM

#1507

highstakesfan

banned

Join Date: Apr 2008 Posts: 3,074

Quote:

Originally Posted by Patak32

and news flash if the french, belgiums, germans, spanish etc were given the vote its likely that it would be very close there too.

Yup, and I think those Votes are coming in the not too distant future.

06-24-2016 , 07:20 AM

#1508

BAIDS

2013 FA Cup winner

Join Date: May 2012 Posts: 32,645

Quote:

Two Labour MPs have submitted a motion of no confidence in Labour leader Jeremy Corbyn.

Margaret Hodge and Ann Coffey confirmed the move in a letter to the chairman of the Parliamentary Labour Party.

06-24-2016 , 07:21 AM

#1509

Elrazor

losing momentum

Join Date: Mar 2007 Posts: 13,810

Motion for a vote of no confidence in Corbyn.

Can't say I'm surprised. Quite why he thought sitting benignly on the sidelines faintly smiling at Tory in-fighting over Brexit would end well for him is anyone's guess.

06-24-2016 , 07:24 AM

#1510

O.A.F.K.1.1

Ted Patrick

Join Date: Dec 2007 Posts: 27,952

Most interesting comment I read on Bookies is that perhaps they got it wrong because there was more liquidity in remain, but a much much higher volume of individual smaller bets in leave and maybe this is important when those making the bets are participating in the result.

06-24-2016 , 07:27 AM

#1511

Gin 'n Tonic

Carpal \'Tunnel

Join Date: Mar 2005 Posts: 6,305

Quote:

Originally Posted by plaaynde

Sweden and Denmark are peninsulas with currencies they are proud of, kingdom and stuff. I figure that's the reason they don't have the Euro, like UK being a full island with even more old-fashioned bias.

Errr Spain, Greece, Italy, Portugal are somehow not on peninsulas? Or maybe they weren't somehow 'proud' enough of their currencies? Are you really trying to make this case, or just trolling at this point?

06-24-2016 , 07:27 AM

#1512

plaaynde

Poker Historian

Join Date: Jan 2010 Posts: 20,072

I don't think there will be an mass exit from EU. The main reason is people like to use the same currency if traveling around Europe. This looks blunt, but that's much how it is imo, people starting to forget about the horrors of WW2. Some Eastern European countries think about the security aspect though, having both Nato and EU feels safer.

06-24-2016 , 07:29 AM

#1513

O.A.F.K.1.1

Ted Patrick

Join Date: Dec 2007 Posts: 27,952

Quote:

Originally Posted by BAIDS

Large parts of the Country are already in facts dont matter land.

Merthyr Tydfil voted OUT.

You can debate the impact on the country all you want, but for this town this is simple clear cut stone cold economic suicide.

06-24-2016 , 07:30 AM

#1514

Mr.mmmKay

Drugs are bad...

Join Date: May 2011 Posts: 20,180

Quote:

BBC Monitoring reports from the Kremlin. Presidential press secretary Dmitry Peskov hopes that "in the new reality", the UK will realise "the need to build good relations" with Russia.

President Vladimir Putin is expected to comment on the Brexit vote later.

I think it's possible that this will bring Russia and the UK closer, Russia might offer them better trade conditions than the EU. Maybe when Trump becomes president that might even lead to a sort of USA, UK and Russia alliance.

It'll be interesting to see how Obama responds.

EDIT:

Quote:

In the first feelers of reaction from the US, Vice President Joe Biden has said "We would have preferred a different outcome."

Looks like the exact opposite of Trump, as expected

06-24-2016 , 07:31 AM

#1515

Namath12

Carpal \'Tunnel

Join Date: Jan 2011 Posts: 55,849

Quote:

Originally Posted by chezlaw

2nd referendum petition demand so high it crashes government petition website.

http://metro.co.uk/2016/06/24/petiti...pular-5964230/

Hahahahahahahaha

06-24-2016 , 07:34 AM

#1516

Elrazor

losing momentum

Join Date: Mar 2007 Posts: 13,810

Quote:

Originally Posted by Mr.mmmKay

This was my thought also. Based only on casual observation, I think it's likely if Trump wins in the US they will have significantly better relations with Russia.

06-24-2016 , 07:34 AM

#1517

bobman0330

Carpal \'Tunnel

Join Date: Aug 2004 Posts: 24,234

I feel like the EU is not getting anywhere near enough blame. Like obviously Brexit is a bad idea, but the EU is kind of a dumb project too.

06-24-2016 , 07:37 AM

#1518

plaaynde

Poker Historian

Join Date: Jan 2010 Posts: 20,072

Quote:

Originally Posted by Gin 'n Tonic

Those countries are more in the heart of Europe. Additionally Spain had Franco, Italy Mussolini, Greece also dictatorship not very long ago etc. A lot I would be happy to get rid of from the collective memory.

They weren't as tied up with their delusions as the British.

06-24-2016 , 07:39 AM

#1519

seattlelou

Carpal \'Tunnel

Join Date: Dec 2009 Posts: 31,584

Quote:

Originally Posted by O.A.F.K.1.1

I heard some head speculate that the Scottish reault indicated to the books that there is a anti status quo structural bias in referendum polling.

06-24-2016 , 07:39 AM

#1520

Gin 'n Tonic

Carpal \'Tunnel

Join Date: Mar 2005 Posts: 6,305

Quote:

Originally Posted by bobman0330

I feel like the EU is not getting anywhere near enough blame. Like obviously Brexit is a bad idea, but the EU is kind of a dumb project too.

The EU not so bad, the Euro however.....

06-24-2016 , 07:39 AM

#1521

maxtower

Carpal \'Tunnel

Join Date: Sep 2005 Posts: 7,996

Quote:

Originally Posted by bobman0330

I feel like the EU is not getting anywhere near enough blame. Like obviously Brexit is a bad idea, but the EU is kind of a dumb project too.

The free movement/trade zone is smart. The common currency is not.

06-24-2016 , 07:39 AM

#1522

highstakesfan

banned

Join Date: Apr 2008 Posts: 3,074

The EU was a decent idea.

The endless "open borders" created huge problems.

06-24-2016 , 07:40 AM

#1523

Alan C. Lawhon

veteran

Join Date: Dec 2006 Posts: 2,380

Quote:

Originally Posted by O.A.F.K.1.1

According to this ZeroHedge article:

http://www.zerohedge.com/news/2016-0...betting-frenzy

somebody placed a 315,000 pound bet on Remain. Ouch!

06-24-2016 , 07:41 AM

#1524

highstakesfan

banned

Join Date: Apr 2008 Posts: 3,074

The Euro is not the problem.

Uncontrolled immigration is biggest problem.

06-24-2016 , 07:42 AM

#1525

cilderr

adept

Join Date: May 2009 Posts: 774

[QUOTE=Mr.mmmKay;50292525]I think it's possible that this will bring Russia and the UK closer, Russia might offer them better trade conditions than the EU. Maybe when Trump becomes president that might even lead to a sort of USA, UK and Russia alliance.
/QUOTE]

Usa and russia alliance? LOL.

Results prove again that referendums are idiotic. Avg joe is a tard.

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