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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conaero

Forum Owner
Messages
34,652
The thread will remain open as long as it stays civil. If it descends I to insult trading it will be closed.
 

greeny12

Junior Member
Messages
232
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%.

Not that surprising really, given our eye-watering trade deficits with Germany and France. Their corporate sector must be cr@pping itself.

In my post above I was also taking issue with the statement that it was our economy that had fallen by £350bn. The FTSE index may well have opened with a nominal value that lower, but long gone are the days when any stock market has that direct a correlation on the actual economy. The cross-border speculative flows in and out are way, way more significant. You just have to look at the levels of daily forex trade - insanely higher than anything that would ever be needed to finance global trade, which is what they should actually be for.
 

MrMickS

Member
Messages
3,962
I'm interested in seeing the plan going forward before I make any decisions. The real thing that swayed me against voting leave was the lack of a coherent plan of what happens next. It seemed to hop from one thing to another. Not really surprising as the only thing that united the leave camp was the act of leaving. Hopefully we will start to see something appear out of the murk over the summer.

I have a new business opportunity that could see me based either where I live in York, in Edinburgh, or in the south of France, where I am now. I can do the work from any of the locations but the freedom of movement that the EU provided favoured me staying put. Now I'm not so sure.

I still expect that things will be bad in the UK, or rUK if Scotland get a vote, for the next few years. This is odd for me because I'm not usually pessimistic about things, being burnt in 2008 has me wary of changes impacting big business. I'm more than happy to be proven wrong though.

My biggest regret about the result, at the moment who knows what will come in the next few months, is that my children may not enjoy the same freedoms to work abroad that I've been able to take advantage of. Not a financial thing, more of horizon broadening thing.

Posted from a sunny and hot Valbonne.

PS. I'm glad that the thread has stayed open. I've really enjoyed the quality of discussion here, and some of the lighter moments, it shows that above all we are civilised.
 

Corranga

Member
Messages
1,227
The thread will remain open as long as it stays civil. If it descends I to insult trading it will be closed.

Presumably this is only for UK residents, anyone in mainland Europe will have to wait for a new deal to be negotiated prior to trading anything - insults included ;)

I still expect that things will be bad in the UK, or rUK if Scotland get a vote, for the next few years. This is odd for me because I'm not usually pessimistic about things, being burnt in 2008 has me wary of changes impacting big business. I'm more than happy to be proven wrong though.

My biggest regret about the result, at the moment who knows what will come in the next few months, is that my children may not enjoy the same freedoms to work abroad that I've been able to take advantage of. Not a financial thing, more of horizon broadening thing.

Posted from a sunny and hot Valbonne.

PS. I'm glad that the thread has stayed open. I've really enjoyed the quality of discussion here, and some of the lighter moments, it shows that above all we are civilised.

I suspect things in the UK will be bad for a few years. I know little about economics, but that is obviously going to play a large part. Economics seem to like stability, and the UK has now thrown that up in the air. An 11% drop to the pound may well be a knee jerk reaction, and I suspect we'll see some recovery, but I cannot really see the UK recovering fully whilst still being in the EU, so that's 2 years at least spent prior to things improving. If Scotland ends up independent, which is probably more likely now than it's ever been, then this simply becomes a 2 horse race - who gets stronger and better first. For my perspective,an Independent Scotland in the EU might be the best bet, but will the EU admit Scotland? I'm not so sure.
A UK heading more and more towards the right wing isn't a place I want to be.

One thing is for sure, the real winners in all of this will be the Murdoch and Trumps of this world who will no doubt be able to maximise profit from it somehow.

Chris
 

allandwf

Member
Messages
11,000
I think this will be a bad thing for those seeking Scottish independence, as prior to this it was reasonably focused, but now it will split the voters down the middle.
 

Swedish Paul

Member
Messages
1,811
"I suspect things in the UK will be bad for a few years..."

I suspect that most people on this forum are reasonably well-to-do, but having family in the UK and seeing how it has changed in the last 20 years, I think for a lot of people, it's already been bad for a while. Poverty, lack of affordability etc. I didn't go back to the UK for a few years after I left but when I did, I was shocked at how down trodden many areas have become.

Makes me very sad.
 

midlifecrisis

Member
Messages
16,275
What makes me sad is that people listened to Farage, Gove and Johnson rather than Cameron, Corbyn and Farron.

Two of the above are not currently elected politicians. Can you guess which ones?
 

GeoffCapes

Member
Messages
14,000
Of all the things in the vote that surprised me was the Welsh vote.

Talk about bite the hand that feeds you! They are (were) the biggest recipients of EU funding.

Oh well. You make your bed and all that......
 

greeny12

Junior Member
Messages
232
What makes me sad is that people listened to Farage, Gove and Johnson rather than Cameron, Corbyn and Farron.

Two of the above are not currently elected politicians. Can you guess which ones?

Hate to break this to you, but all of the above are currently elected politicians. Farage remains an MEP until Brexit actually happens.
 

allandwf

Member
Messages
11,000
I'm paid in Sterling by an American company, um off to ask for an 11% rise as it won't cost them anything ;)
 
Messages
6,001
Of all the things in the vote that surprised me was the Welsh vote.

Talk about bite the hand that feeds you! They are (were) the biggest recipients of EU funding.

Oh well. You make your bed and all that......

Possibly something to do with the Steel Works embar er cock up
 
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