If we vote for Brexit what happens

Generali

buglawton wrote: »

The BOE's been scratching it's head trying to get UK inflation to rise to the target of 2% for ages, looks like the answer's been provided on a plate. And remember, a huge part of ones monthly expenditure goes on services, UK labour cost, UK mortgage/rent, and UK profit margins. The £ is really nothing to worry about... yet.

I agree that a fall in the value of the pound of 10% is trivial. However that it's fallen so fast is potentially a problem and certainly not something to gloss over with glib comments.

buglawton

Osborne - 'juggling dangers'
From Project Blimey This Is Scary, welcome to Project Reassure
http://www.bbc.co.uk/news/live/business-36637174

Kohoutek

buglawton wrote: »

With the current and prospective state of the other EU economies, not having access to their capital markets might be a good thing.

Not sure I follow your logic there - you're saying it's good for our large financial services sector to not be able to sell services to their huge European customer base?

What do you propose to replace that part of the economy with?

chucknorris

Kohoutek wrote: »

Not sure I follow your logic there - you're saying it's for our large financial services sector to not be able to sell services to their huge European customer base?

What do you propose to replace that part of the economy with?

They could make 'Don't blame me, I voted Remain' slogan tee shirts.

mayonnaise

Max Fras said he was in a Tesco supermarket on Friday night with his young son when a white man became agitated in the queue for the checkout and began yelling: “This is England now, foreigners have 48 hours to !!!! right off. Who is foreign here? Anyone foreign?”

“This evening my daughter left work in Birmingham and saw a group of lads corner a Muslim girl shouting ‘Get out, we voted leave”

....instances reported of a Polish woman being told to get off a bus and “get packing”, of a Polish man being told at an airport that he “shouldn’t still be here, that we had voted to be rid of people like him”, of a Polish coffee shop worker being jeered at and told “you’re going home now” and of Polish children at a primary school crying because they were scared of getting deported from Britain.

http://www.theguardian.com/politics/2016/jun/26/racist-incidents-feared-to-be-linked-to-brexit-result-reported-in-england-and-wales



The vile and divisive brexit campaign sure has let the genie out of the bottle.

Yolina

chucknorris wrote: »

They could make 'Don't blame me, I voted Remain' slogan tee shirts.

They are already available, someone posted a link in one of the threads (could even be in this one somewhere)

buglawton

Kohoutek wrote: »

Not sure I follow your logic there - you're saying it's good for our large financial services sector to not be able to sell services to their huge European customer base?

What do you propose to replace that part of the economy with?

I was referring to the 2nd not the 1st half of this quote in your earlier post (Reuters link no longer working btw):
"City of London can expect to be frozen out of EU financial regulation -- and possibly from Europe's capital markets"

There are after all other capital markets.

CLAPTON

mayonnaise wrote: »

http://www.theguardian.com/politics/2016/jun/26/racist-incidents-feared-to-be-linked-to-brexit-result-reported-in-england-and-wales



The vile and divisive brexit campaign sure has let the genie out of the bottle.

I believe there were such incident before the brexit campaign but I'm sure you will want to incite more trouble whenever possible

Generali

buglawton wrote: »

I was referring to the 2nd not the 1st half of this quote in your earlier post (Reuters link no longer working btw):
"City of London can expect to be frozen out of EU financial regulation -- and possibly from Europe's capital markets"

There are after all other capital markets.

Oh well nothing to worry about then. If the City can't do bond issuance, M&A and floatations for Europe there's always Mali and Tibet.

Are you trying to argue a point or do you actually believe this rubbish?

Rinoa

Generali wrote: »

Oh well nothing to worry about then. If the City can't do bond issuance, M&A and floatations for Europe there's always Mali and Tibet.

Are you trying to argue a point or do you actually believe this rubbish?

Do you know what percentage of the city's earnings comes from the EU and what from the rest of the world.