If we vote for Brexit what happens

System

It only takes one global bank to fall. The German Deutsche Bank has exposure to derivatives 13 times the German economy. The UK banks are in similar situation but smaller exposure.

I wonder who will short the market again? It's a shame Michael Burry only trades in water now.

It's greed in the end, fails even the greedy.

Low income families deserve a home as well!

CLAPTON

AnotherJoe wrote: »

Because once we trigger A50 we are on a deadline and have immediately weakened our negotiating position. At the moment we hold a fair bit of strength since it's our choice when to pull the trigger

triggering A50
-reduces general uncertainty
-it reduced the timescales when we can sign new deals with non EU countries and gives them certain dates
-we have no negotiating position until we trigger.
-it reduces EU grandstanding and means we move to meaning discussions

System

Come on home owners, can you provide at least one counter agruement based on facts?

I know it's a normal reaction for home owners to get angry when someone goes against large house price increases. We dont want any cat fighting going on in this thread especially when over 34k people have viewed it. Let's show respect to each other and have a adult debate . Thank you.

:T:T:T

Rinoa

Single market overrated in the opinion of many and Treasury considering quitting it.

http://www.telegraph.co.uk/business/2016/08/06/treasury-looks-at-quitting-the-single-market-as-city-rejects-nor/

HAMISH_MCTAVISH

CLAPTON wrote: »

triggering A50

Can't be done without a vote in Parliament and is currently subject to legal action anyway.

Won't happen until at the earliest next year and maybe not even then.

HAMISH_MCTAVISH

Rinoa wrote: »

Single market overrated in the opinion of many and Treasury considering quitting it.

Treasury considering many things. Most of which will be ruled out.

DRP

mrlegend123 wrote: »

Come on home owners, can you provide at least one counter agruement based on facts?

I know it's a normal reaction for home owners to get angry when someone goes against large house price increases. We dont want any cat fighting going on in this thread especially when over 34k people have viewed it. Let's show respect to each other and have a adult debate . Thank you.

:T:T:T

If you want an adult debate then it is probably best not to use this kind of language, as it sounds like wummery. :beer:

I think there will be a reaction (dip) in the housing market. However i can't see how it will help those struggling to get on the property ladder if at the same time banks are failing and economies are tanking...

CLAPTON

HAMISH_MCTAVISH wrote: »

Can't be done without a vote in Parliament and is currently subject to legal action anyway.

Won't happen until at the earliest next year and maybe not even then.

there is no legal ruling that the government can't enable article 50

anyway you think that if it is to be done then it is best that it be done now
you simply want to overturn the referendum result because you don't like the result.

sabretoothtigger

AnotherJoe wrote: »

Because once we trigger A50 we are on a deadline and have immediately weakened our negotiating position. At the moment we hold a fair bit of strength since it's our choice when to pull the trigger

Both sides agree pre negotiation must be done before actually leaving. This can take many years hence delaying is sensible.
Cant sign the contracts but talking it through, drafting it up is probably best though things are always changing

Meanwhile unemployment in Japan is an astonishingly low 3.5%. Not bad for a sovereign nation that's not part of a protection club.

UK has population growth and Japan has a demographic failure I would say. I dont think the two countries are comparable

http://seekingalpha.com/article/3956627-japanese-policy-failure-means-disaster-us
http://nationalinterest.org/feature/the-demographic-timebomb-crippling-japans-economy-12479

AFF8879

DRP wrote: »

If you want an adult debate then it is probably best not to use this kind of language, as it sounds like wummery. :beer:

I think there will be a reaction (dip) in the housing market. However i can't see how it will help those struggling to get on the property ladder if at the same time banks are failing and economies are tanking...

Agreed 100%. My argument is that if economic conditions are bad enough to cause house prices to truly crash (not just dip / blip) - then I think we will all have far more to be worried about than buying a house!!