CLOSED Brexit Poll

Do you want to leave the EU?

  • Yes - Leave the EU

    Votes: 85 55.9%

  • No - Stay in the EU

    Votes: 60 39.5%

  • Dont Know

    Votes: 7 4.6%
  • Total voters
    152
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Wattie

Wattie

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8,640
ChrisQP09 said:
The markets are the World's real book makers, the value they predict is immaterial. Due to this, the markets will bounce back as many greedy people are hedging bets for and against our futures.
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The markets have been manipulated for years now by central bankers....fundamentals have been irrelevant for years.
If anything those trying to hide the full extent of the financial crisis will be ******** themselves that the whole thing will fall apart again.
I see the Dutch and French have now called for referendums.....the dominos are toppling.
The people have spoken and they're ****** off.......massive volatility next around US elections.

Cheers Wattie
 
jluis

jluis

Member
Messages
1,703
TridentTested said:
Not talk ourselves into it?


I'll just leave this here......

View attachment 37497
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He forgot adding that the border controls currently in place at Calais will be moved to the UK, as the French will use Brexit as an excuse to cancel the treaty that allows UK border controls on French soil.
At least there will be more job openings in the UK ... For border guards ...
 
StuartW

StuartW

Member
Messages
9,326
Regardless of which way you voted, would anyone really want Boris running this country and to be representing us on the world stage? There's obviously a very good chance that will become a reality in October which is not a great prospect
 
Swedish Paul

Swedish Paul

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Messages
1,812
I suspect the vote may have gone the other way if the EU didn't keep threatening "you will not be able to trade" and "we will retaliate". This is a superstate bully attittude. We are supposed to be a co-operation, but there is too much protectionism.

When will people ever understand that when you hold a gun to a British person, they come out fighting.
 
Swedish Paul

Swedish Paul

Member
Messages
1,812
StuartW said:
Regardless of which way you voted, would anyone really want Boris running this country and to be representing us on the world stage? There's obviously a very good chance that will become a reality in October which is not a great prospect
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Hmmm. Boris on one side, Donlad on the other. Great photoshoot for hairdressers.
 
safrane

safrane

Member
Messages
16,918
To the doom merchants - man up and get on with it! You can still move to Europ if you wish.

To the celebrating 'masses' - Get on with it and prove you point. You wont be able to move to Europe as easy soon.

And to us all....the world still turns, and still will tomorrow. The future is what we make it.
 
ChrisQP09

ChrisQP09

Member
Messages
3,002
350Bn does not wipe off the markets, it simply goes elsewhere, normally into the pockets of the hedge fund managers.

They keep much of the plunder to hedge similar bets on other volatilities.
 
Swedish Paul

Swedish Paul

Member
Messages
1,812
LDM 3200 said:
Is this really true?
If so .......
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I am sure I am not the only one in thinking that a big correction has been coming for years. It should have been allowed to happen naturally in 2008. The huge divide between haves and have-nots is what has also driven this I think. And you can see that in the results; London area, which feels like it's own Little superstate, votes in, the rest of England and Wales out. Let's face it, the have-nots are the majority outside of London. If the North/South divide wasn't so big....
 
Andyk

Andyk

Member
Messages
61,372
StuartW said:
Regardless of which way you voted, would anyone really want Boris running this country and to be representing us on the world stage? There's obviously a very good chance that will become a reality in October which is not a great prospect
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Bloody **** no...the mans an idiot. The PM should not have resigned today. We need stable and this doesn't help. I get why he has as he cannot be part of leaving EU as he doesn't believe in it but not a great place to be.
 
2b1ask1

2b1ask1

Special case
Messages
20,315
ChrisQP09 said:
The markets are the World's real book makers, the value they predict is immaterial. Due to this, the markets will bounce back as many greedy people are hedging bets for and against our futures.
Click to expand...

Exactly this, banker's greed & nothing more.
 
greeny12

greeny12

Junior Member
Messages
232
LDM 3200 said:
Is this really true?
If so .......
Click to expand...

Of course it isn't true. The UK stock market index fell very sharply as all the massive 'bets' by market speculators had to be unwound, then once that was done and the fundamentals kicked back in it has steadily risen to be 4.5% down as I write - not even a 1 month low. Sterling is also recovering against the dollar and is heading back above 1.40 while the euro rate is about to hit 1.25. No harm to our exporters in either of those rates...

I worked on a City trading floor for years; I know how detached from reality these market cowboys are. They always say they don't but they love a bit of volatility and are happy to manufacture it if required.
 
drewf

drewf

Member
Messages
7,159
allandwf said:
Bleat bleat bleat, deal with it people. Hopefully this thread will now close.
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The SM reactions to the result are just as interesting as the comments leading up to it. I hope it doesn't close just yet, so long as it remains as calm as the SMers kept it before Thursday.
 
outrun

outrun

Member
Messages
5,017
greeny12 said:
Of course it isn't true. The UK stock market index fell very sharply as all the massive 'bets' by market speculators had to be unwound, then once that was done and the fundamentals kicked back in it has steadily risen to be 4.5% down as I write - not even a 1 month low. Sterling is also recovering against the dollar and is heading back above 1.40 while the euro rate is about to hit 1.25. No harm to our exporters in either of those rates...

I worked on a City trading floor for years; I know how detached from reality these market cowboys are. They always say they don't but they love a bit of volatility and are happy to manufacture it if required.
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Yup. You have to correct the hedges, spreads, shorts and futures all in the same day. It will end 4-6 down and have a bumpy month while the smaller, less informed investors do their thing.

Get ready for an independent Scotland which I'm hoping becomes a tax haven. :)
 
drewf

drewf

Member
Messages
7,159
greeny12 said:
Of course it isn't true. The UK stock market index fell very sharply as all the massive 'bets' by market speculators had to be unwound, then once that was done and the fundamentals kicked back in it has steadily risen to be 4.5% down as I write - not even a 1 month low. Sterling is also recovering against the dollar and is heading back above 1.40 while the euro rate is about to hit 1.25. No harm to our exporters in either of those rates...

I worked on a City trading floor for years; I know how detached from reality these market cowboys are. They always say they don't but they love a bit of volatility and are happy to manufacture it if required.
Click to expand...

Yes, it was true at the time - high volatility means it's changing rapidly.

What's more interesting is that the CAC40 fell further, and hasn't recovered as well. It's currently down 7.3%, and the Dax is down 5.7%. The FTSE at the same point is down 4.3%.
 
ChrisQP09

ChrisQP09

Member
Messages
3,002
I think the thread should remain open, it seems most here are having a lively reasonable debate on the issue.

A lot of people are talking about expensive imports etc, meanwhile big hitters like Jaguar Land Rover and Aston Martin are licking their fingers with anticipation of higher export demands. The truth is this, as the World's 5th largest economy and the hub of financial services, sterling has not plunged as much as expected. The safeguards implemented by BoE and others, appear robust. Remarkably, some other world markets are performing worse than the FTSE.
 
TridentTested

TridentTested

Member
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1,819
drewf said:
The SM reactions to the result are just as interesting as the comments leading up to it. I hope it doesn't close just yet, so long as it remains as calm as the SMers kept it before Thursday.
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I hope this thread isn't closed.

I don't agree with everything which has been written here but it has been an educational thread. Opinions have been made, some times strongly, but all in good faith and respectfully put across.
 
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