Brexit Thread

[naut]

Pound and FTSE getting absolutely routed. Recession on the menu.

Second Scottish independence vote to be within the next 12 months, I'm calling that now. (This time it will pass).

[Greyblades]

Pound and FTSE getting absolutely routed. Recession on the menu.

Second Scottish independence vote to be within the next 12 months, I'm calling that now. (This time it will pass).

What makes you think that? They have even less chance of survival now than they did 2 years ago and that referendum bound them, I think the scots are more honorable than to break thier word over this.

[Lizardo]

Actually I think this will unite the UK. Thank you Lord Jehovah for striking down upon thee the vision of buying gold days before.

[InsaneApache]

Actually I think this will unite the UK. Thank you Lord Jehovah for striking down upon thee the vision of buying gold days before.

Hey man my guys outta the normal stuff, noooz cud yu gi me the ti?

[Greyblades]

You can keep an eye on the pound here: http://finance.yahoo.com/echarts?s=GBPUSD%3DX+Interactive#{%22range%22:%221d%22,%22allowChartStacking%22:true}

Pound looks stable at it's new value, even grown a bit for the last hour or so, we'll see.

[InsaneApache]

Land of Hope and Glory, Mother of the Free,
How shall we extol thee, who are born of thee?
Wider still, and wider, shall thy bounds be set;
God, who made thee mighty, make thee mightier yet!

Truth and Right and Freedom, each a holy gem,
Stars of solemn brightness, weave thy diadem.

Tho' thy way be darkened, still in splendour drest,
As the star that trembles o'er the liquid West.

Throned amid the billows, throned inviolate,
Thou hast reigned victorious, thou has smiled at fate.

Land of Hope and Glory, fortress of the Free,
How may we extol thee, praise thee, honour thee?

Hark, a mighty nation maketh glad reply;
Lo, our lips are thankful, lo, our hearts are high!

Hearts in hope uplifted, loyal lips that sing;
Strong in faith and freedom, we have crowned our King!

[I of the Storm]

Happy now?

I sincerely hope this plays out well for the UK (soon to be England) and our british orgahs, but I fear it won't.

Good luck!

[naut]

What makes you think that? They have even less chance of survival now than they did 2 years ago.

^^ Complete opposite.



Opinion in Scotland is for the EU. UK no longer represents Scotland's best interests. Especially once we see the renegotiated terms between the UK and EU being less favourable than previously + volatility in the currency/economy.

They now have the mandate, the means and the motive to try again and this time succeed in seceding.

[Lizardo]

......

[naut]

So the SNP doesnt have the support to call another referendum

Wrong. With Greens they have a majority to call it. And with the direction Brexit will push the economy (calls to close the FTSE to prevent panic selling lmao). They will have more than enough reason to get to the 1mln backers needed to trigger calling it again. I'm calling it now. Scotland to leave UK rejoin the EU.

Wales will not want to leave the UK, EU fucked up the steel industry.

Wales is a red herring, and leaving the EU is categorically bad for them. They are the biggest beneficiaries of EU/London subsidies. Wales = failed state.

"With the over two-thirds of the counting areas reporting a result the strongest predictor of how an area would vote is the education level of the residents. So far the results indicate that greater the proportion of residents with a higher education, the more likely a local authority was to vote remain."

Enjoy!!

[Pannonian]

Wrong. With Greens they have a majority to call it. And with the direction Brexit will push the economy (calls to close the FTSE to prevent panic selling lmao). They will have more than enough reason to get to the 1mln backers needed to trigger calling it again. I'm calling it now. Scotland to leave UK rejoin the EU.


Wales is a red herring, and leaving the EU is categorically bad for them. They are the biggest beneficiaries of EU/London subsidies. Wales = failed state.

"With the over two-thirds of the counting areas reporting a result the strongest predictor of how an area would vote is the education level of the residents. So far the results indicate that greater the proportion of residents with a higher education, the more likely a local authority was to vote remain."

Enjoy!!

London subsidises the rest of the country. Yet we have a Tory government in power despite London voting Labour (by far), and we'll be exiting the EU despite London voting to remain (by far).

[Greyblades]

^^ Complete opposite.



Opinion in Scotland is for the EU. UK no longer represents Scotland's best interests. Especially once we see the renegotiated terms between the UK and EU being less favourable than previously + volatility in the currency/economy.

They now have the mandate, the means and the motive to try again and this time succeed in seceding.

Motive? Yes. Means? Not now, they made an agreement with the last referendum, westminster can hold them to it for years. Economic? Thier economy is hit by this the same as ours and the EU is stil not likely let them as the spanish will be pissed at them for encouraging the catalonians, less now there is no ambiguity over no automatic transition.

The Scots voted on the economic argument. With the UK out of the EU, that economic argument is far weaker, as the UK has put itself outside the bigger market that the EEA is. If the UK will be subject to tariffs from its bigger competitor, it makes sense for Scotland to join said bigger competitor. There are some years still to go before we're fully out, but I'd imagine that Scotland will want to start aligning their economy with the EU now, in preparation for eventual entry, as there will be pain at some point anyway, and the Common Market is enough of a prize to accept the pain now rather than later. A choice that wouldn't have been necessary had the UK remained part of the Common Market.

Also, if FTSE continues to crash like it's done already, then there's something to be gained in setting up Edinburgh as a viable competitor to London.

Depends what deals the UK can make with the common market, german pragamatism or french policing, who wins will determine that. Pound seems to have stablized at 1.3 after dropping from 1.5 to USD. Euro dropped too to a less extent, we'll see about FTSE.

[Lizardo]

Rumour has it Jeremy Corbyn voted to Leave after all.

[Pannonian]

What makes you think that? They have even less chance of survival now than they did 2 years ago and that referendum bound them, I think the scots are more honorable than to break thier word over this.

The Scots voted on the economic argument. With the UK out of the EU, that economic argument is far weaker, as the UK has put itself outside the bigger market that the EEA is. If the UK will be subject to tariffs from its bigger competitor, it makes sense for Scotland to join said bigger competitor. There are some years still to go before we're fully out, but I'd imagine that Scotland will want to start aligning their economy with the EU now, in preparation for eventual entry, as there will be pain at some point anyway, and the Common Market is enough of a prize to accept the pain now rather than later. A choice that wouldn't have been necessary had the UK remained part of the Common Market.

Also, if FTSE continues to crash like it's done already, then there's something to be gained in setting up Edinburgh as a viable competitor to London.