[Politics] Brexit

[The Rivet]

Money has always been God.

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Not in my world. Human interaction, love, respect, empathy, compassion, boundaries, social responsibility. All worth so much more. Can you believe that wrong man? Don't start on me again. Money is a bye product of the human way of life. Rich can be both awful and charitable. So can the poor. F**k money! I want more than money.

 

[5ways]

If the markets can be reassured after a brexit vote then I have to ask why the scaremongering gets such importance.
Markets are markets, no sovereign bias, no continent bias, no loyalty to anything but money. The new GOD.

The Pound weakens as Leave strengthens. Money is already leaving the country "Foreign investors are pulling billions out of our economy at the fastest rate since the 2009 financial crisis. In the six months leading up to April, £77bn left the sterling system – in comparison to £2bn that was removed in the months leading up to October last year."

If we do vote for Brexit the UK will become an unsafe place to have your cash due to unprecedented uncertainty. This will slam the UK economy but also our ability to borrow to pay down the deficit. This is something the Treasury is very concerned about.

The markets will panic not just here in the UK but in Europe, America and Asia. But the damage will be most acute here. You're right about markets having no loyalty or bias. It responds to confidence and shocks.

Both the EU and Treasury will be in full firefighting mode so of course everyone will be preparing contingency plans.

 

[Wrong-Direction]

Not in my world. Human interaction, love, respect, empathy, compassion, boundaries, social responsibility. All worth so much more. Can you believe that wrong man? Don't start on me again. Money is a bye product of the human way of life. Rich can be both awful and charitable. So can the poor. F**k money! I want more than money.

I agree with all that, I'm not starting on you, just saying, [emoji444] money makes the world go round[emoji444]

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[The Rivet]

The Pound weakens as Leave strengthens. Money is already leaving the country "Foreign investors are pulling billions out of our economy at the fastest rate since the 2009 financial crisis. In the six months leading up to April, £77bn left the sterling system – in comparison to £2bn that was removed in the months leading up to October last year."

If we do vote for Brexit the UK will become an unsafe place to have your cash due to unprecedented uncertainty. This will slam the UK economy but also our ability to borrow to pay down the deficit. This is something the Treasury is very concerned about.

The markets will panic not just here in the UK but in Europe, America and Asia. But the damage will be most acute here. You're right about markets having no loyalty or bias. It responds to confidence and shocks.

Both the EU and Treasury will be in full firefighting mode so of course everyone will be preparing contingency plans.

Who cares? Control first fix the problems later. Start by cancelling the NEW 13.2 billion gift we borrow to give away. That's it, I am not going to be encouraged into a senseless debate about economics. We have had it all before. To some, self control is worth more than YOUR job.

 

[Jolly Red Giant]

The Pound weakens as Leave strengthens. Money is already leaving the country "Foreign investors are pulling billions out of our economy at the fastest rate since the 2009 financial crisis. In the six months leading up to April, £77bn left the sterling system – in comparison to £2bn that was removed in the months leading up to October last year."

If we do vote for Brexit the UK will become an unsafe place to have your cash due to unprecedented uncertainty. This will slam the UK economy but also our ability to borrow to pay down the deficit. This is something the Treasury is very concerned about.

The markets will panic not just here in the UK but in Europe, America and Asia. But the damage will be most acute here. You're right about markets having no loyalty or bias. It responds to confidence and shocks.

Both the EU and Treasury will be in full firefighting mode so of course everyone will be preparing contingency plans.

Staying in the EU ensures a couple of decades of austerity dictated by the European Commission.

The Tories want to impose the same austerity (actually worse) - Brexit will destroy the Tories and open up a vacuum for working class people to mobilise against austerity (a close 'remain' vote could actually have the same impact).

The big betrayal in the referendum campaign is Corbyn's capitulation to the Blairites when he could have led an anti-austerity 'leave' campaign rather than allow the two wings of Toryism dictate the debate,

 

[Two Professors]

So you're saying MORI just made the figures up? Ridiculous.

Reported in the Financial Times as well (see image and link below), but yes carry on believing what's written in the Sun.

The really funny thing is it isn;t even pro-Remain or pro-Leave. It's just showing how misinformed people are. The Leave camp seem determined to peddle the myths. Why is that? Is it because their arguments don't stand up to any scrutiny? I've yet to see any reasoned argument from that side backed up by facts. The simple fact alone that the £350m a week is complete tosh says it all really.

http://blogs.ft.com/ftdata/2016/06/...-what-we-think-we-know-but-dont-about-the-eu/

View attachment 75681

Here's another link for people who are actually interested in the facts, and not what tabloid journalists and media moguls and people with blinkered prejudices want you to believe:

https://fullfact.org/europe/

What a stupid waste of space that graph is.Percentages mean nothing whatsoever,unless it is indicated they are percentages of what.5% of soapy bubbles aint a lot,but 5% of 155 billion euros is a lot to pay for paperclips!

 

[Two Professors]

The Pound weakens as Leave strengthens. Money is already leaving the country "Foreign investors are pulling billions out of our economy at the fastest rate since the 2009 financial crisis. In the six months leading up to April, £77bn left the sterling system – in comparison to £2bn that was removed in the months leading up to October last year."

If we do vote for Brexit the UK will become an unsafe place to have your cash due to unprecedented uncertainty. This will slam the UK economy but also our ability to borrow to pay down the deficit. This is something the Treasury is very concerned about.

The markets will panic not just here in the UK but in Europe, America and Asia. But the damage will be most acute here. You're right about markets having no loyalty or bias. It responds to confidence and shocks.

Both the EU and Treasury will be in full firefighting mode so of course everyone will be preparing contingency plans.

God,I bet you're the life and soul of the party,not.

 

[Soulman]

The Pound weakens as Leave strengthens. Money is already leaving the country "Foreign investors are pulling billions out of our economy at the fastest rate since the 2009 financial crisis. In the six months leading up to April, £77bn left the sterling system – in comparison to £2bn that was removed in the months leading up to October last year."

If we do vote for Brexit the UK will become an unsafe place to have your cash due to unprecedented uncertainty. This will slam the UK economy but also our ability to borrow to pay down the deficit. This is something the Treasury is very concerned about.

The markets will panic not just here in the UK but in Europe, America and Asia. But the damage will be most acute here. You're right about markets having no loyalty or bias. It responds to confidence and shocks.

Both the EU and Treasury will be in full firefighting mode so of course everyone will be preparing contingency plans.

We're doomed........well that is what is pedaled more desperately each day.....picking on pensions today, so low Cameron could get under a snakes belly with a top hat on.

 

[beorhthelm]

If we do vote for Brexit the UK will become an unsafe place to have your cash due to unprecedented uncertainty. This will slam the UK economy but also our ability to borrow to pay down the deficit. This is something the Treasury is very concerned about.

last week the UK gilts were at their widest spread from US in some 40 years, because investors where piling in to Gilts, lowering yeilds, which feeds in to the cost of borrowing. elsewhere funds are preparing to invest in UK on £ weakness as that means assets will be relatively cheaper. the reality is that markets are more complex and have many counteractions for each action than the Brexit fear machine would have us beleive. "the UK will become unsafe", really? nothing would materially change for years, most investment has no bearing on EU membership and that which does would likely be only marginally affected. look at the shameful way the government are threatening our pensions and NHS, claiming they are at risk if we just vote against the EU, changing economy by a few 0.1% GDP - is the economy so fragile, are we going to have to adjust funding for these areas anyway (yes btw, we should cut the pension budget anyway so other areas dont have to take all the hits)

no, the real fear out there in the market is what this means for EU and the Euro, how the effect of a massive vote of no confidence in the EU project would be taken around the world and damage already very fragile continental economies would cope. the remainers might as well say stay in the EU to protect the EU from economic shock, because thats what they mean. someone was actualy saying this during the week.

 

[The Rivet]

You tried to bring it, yet again to economics 5ways. Reap what you sow.

 

[GoldWithFalmer]

Countries come and go..........trade is forever.

Protect the UK......vote LEAVE

 

[5ways]

You tried to bring it, yet again to economics 5ways. Reap what you sow.

 

[The Rivet]

If the EU are so worried about us actually voting leave why didn't they offer us what we actually asked for? Ok that question might be a bit naïve but, it's an important question. Did they believe so much in their 'poker' hand that they thought the Brits were EU flunkies from the grass roots level? Cameron was no poker player but, guess what, the British guts, independence 'bent', and thought processes are a much better poker player than them. We are not all acolytes of the rotten Merkel, Junker, Schauble et all. Horrendous thought.

 

[The Rivet]

New slogan for the outers, '2016 VE Day' Join me.
Victory over Europe. Liberation day. Again.

 

[The Rivet]

Outers so quiet tonight. Makes me laugh.

 

[5ways]

Just me and you Rivet

 

[drew]

If the EU are so worried about us actually voting leave why didn't they offer us what we actually asked for? Ok that question might be a bit naïve but, it's an important question. Did they believe so much in their 'poker' hand that they thought the Brits were EU flunkies from the grass roots level? Cameron was no poker player but, guess what, the British guts, independence 'bent', and thought processes are a much better poker player than them. We are not all acolytes of the rotten Merkel, Junker, Schauble et all. Horrendous thought.

So the art of negotiation is capitulation due to the worst case scenario!

I'm glad you're not responsible for spending Tony's money on players!

 

[drew]

Countries come and go..........trade is forever.

Protect the UK......vote LEAVE

Doesn't make sense!!!

 

[Wrong-Direction]

Doesn't make sense!!!

Nothing makes sense anymore mate, welcome to hell[emoji106]

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[The Rivet]

Nothing makes sense anymore mate, welcome to hell[emoji106]

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I AGREE, welcome to hell!