If we vote for Brexit what happens

Generali

baza52 wrote: »

not bothered.
A pint in my local still costs the same.

Good good.

You have a rather unpleasant surprise heading your way if you think you're separate from the rest of the world.

baza52

the Euro is hardly doing well against the USD either.
Is that our fault as well

Generali

So what's the next step idiots?

http://www.ft.com/cms/s/0/4baa4996-3d14-11e6-9f2c-36b487ebd80a.html#axzz4Cvh1SEjd

Angela Merkel, the German chancellor, warned the UK that there could be no “cherry picking” in its Brexit negotiations in a tough response to Leave campaigners’ hopes of securing access to the internal market while limiting freedom of movement. In a speech to the Bundestag on Tuesday morning, Ms Merkel spelt out to London that the EU’s internal freedoms were indivisible — if Britain, like Norway, wanted access to the internal market then, like Norway, it would have to accept freedom of movement.

“We will ensure that the negotiations will not be run on the principle of cherry-picking,” the chancellor said, drawing applause. “We must and will make a palpable difference over whether a country wants to be a member of the family of the European Union or not. Whoever wants to get out of this family cannot expect that all the obligations fall away but the privileges continue to remain in place.”

As warned repeatedly, if you want access to the Single Market from outside the EU you'll continue to pay the bills, continue to have freedom of movement but have no say in the rules.

Idiots.

Generali

baza52 wrote: »

the Euro is hardly doing well against the USD either.
Is that our fault as well

Yes..............

baza52

yes we are idiots...
Happy idiots.
like a pig in s##t lol

stick that in your pipe and smoke it.

Generali

baza52 wrote: »

would love to stop n chat more but got to be up in time for Jeremy Kyle in the morning.

Good luck with your banking career.

idiot

I don't work in a bank and I didn't help the British Government make the worst decision since Suez.

You'll get it in the end. It might take a few years to get into the really stupid people's heads but this is a ludicrous conclusion for Britain to have come to.

Idiots.

Generali

baza52 wrote: »

oh FYI the pound is rising against the US dollar again.

The quid bought a dollar fifty on Thursday night, now it buys a buck and a third. This is just the first impact.

Next you have the downgrades by the ratings agencies. Next comes capital flight and finally you'll have an end of FDI at the very least until it becomes clear what access you'll have to the Single Market and maybe not even then.

You clearly have no idea how stupid the rest of the world thinks this decision is. No CEO could possibly announce an investment in the UK now.

Idiots.

baza52 wrote: »

idiot

I didn't vote leave.

Moby

baza52 wrote: »

would love to stop n chat more but got to be up in time for Jeremy Kyle in the morning.

Good luck with your banking career.

idiot

He doesn't need luck mate. Neither do I really. It's those poor sods who voted Brexit cause it will 'send the immigrants back' that will need luck. Their standard of living will now reduce further. By the way what's the plan?

Moby

http://www.newyorker.com/news/john-cassidy/why-brexit-might-not-happen-at-all
We will be left to stew in our juices and suffer the fallout from this idiotic decision and then we'll have another referendum or.......... Brexit light will be offered in the manifesto of certain candidates if there is a new election.

Generali

Moby wrote: »

By the way what's the plan?

There isn't one which is when King 'Idiot' Bozza has been hiding behind the sofa since last Thursday. No plan, no clue. Vote Leave, vote policy vacuum.

This is precisely what the Remain campaign said would happen.

Putting on my analyst hat I reckon the next steps are:

- Downgrades by the rest of the ratings agencies
- Cut in UK interest rates
- Sterling falls
- Foreign direct investment falls to zero
- Increase in UK interest rates to try to get some investment
- Recession

I'm an economist not a political analyst but I reckon that if anything the !!!! storm that is about to hit the UK is going to push more people into the idiot zone. It wouldn't surprise me in the slightest to see the unspeakable Corbyn as the next PM of the UK. Then the wheels really will come off.