If we vote for Brexit what happens

mayonnaise

Conrad wrote: »

The pessimistic Remainer minds me of a chap this morning, a campaigner against Hinkley Point saying we have insurmountable technical issues that we can't possibly manage to build his thing, and yet I watch those documentaries no how we faced far bigger unknowns in the past and managed to deliver a load of nuclear power plants.

You do realise it's the French (EDF) who will be building Hinkley Point C... and the Chinese part financing it, don't you? :rotfl:

TrickyTree83

mayonnaise wrote: »

Not everyone who voted Brexit is a racist, but every racist voted for Brexit. Enjoy your bedfellows.



You might want to ponder a bit longer on this before spouting further nonsense.

Every racist voted for brexit did they? Where's the evidence for that claim?

A_Medium_Size_Jock

TrickyTree83 wrote: »

Every racist voted for brexit did they? Where's the evidence for that claim?

Heh, you expect an obvious bigot to provide evidence?
Especially THAT bigot?

bigot
ˈbɪɡət/
noun
noun: bigot; plural noun: bigots
a person who is intolerant towards those holding different opinions.

Mortgagefreeman

mayonnaise wrote: »

Not everyone who voted Brexit is a racist, but every racist voted for Brexit.

I doubt many racists would know how to register to vote, and even fewer find their way to the Polling stations.

Mortgagefreeman

mayonnaise wrote: »

I accept the result and will move on.

You can't though, can you?

mwpt

mayonnaise wrote: »

You do realise it's the French (EDF) who will be building Hinkley Point C... and the Chinese part financing it, don't you? :rotfl:

He's like a parody. I have to wonder if he is actually a remain voter impostor sometimes.

Conrad

By johnredwood | Published: September 15, 2016

Before the referendum campaign Remain advocates told us the uncertainty generated by the referendum vote would hit our economy. It didn’t. During the referendum campaign proper, the Remain campaign aided by the Treasury and the Bank of England, the IMF and many investment banks, told us the economy would be badly damaged by the vote if it went the “wrong” way. They said there would be short term damage from the shock to confidence. There wasn’t.

So what are these unsuccessful forecasters saying now? Some of them are busily revising up their forecasts for 2016-17 for the UK, though still believing there will be a slowdown. Most have cancelled any thoughts of recession. Now they tell us what they meant all along was it would be the sending of the Article 50 letter that brings on the bad news.

Why so? Surely markets have discounted the sending of the letter by now, as the government has made clear it does intend to implement the views of the people, just as the previous government made it clear it was the duty of Parliament and government to carry out the decision of the voters. Why is sending a letter more of a shock than the UK voters deciding?

I guess they will go on telling us there is some new milestone in our exit which will trigger the bad news they forecast and seem to crave. If you wait long enough there might be bad news for some unrelated reason which they could doubtless cling on to.

Herzlos

The value of the GBP took quite a hit and hasn't recovered yet:
http://www.xe.com/currencycharts/?from=GBP&to=USD&view=1Y
So it's not all good news.
That's potentially propping up our economy for now, but as you said, nothing has really happened there yet because no-one knows what's happening.
Companies may not be adding new investment but everything else is trundling along as it is.

I don't think markets/investors will do anything when A50 is triggered, because they still don't know. What the deal is when the union is dissolved will be the big thing, and Japan has already made it clear what their corporations will do if we don't have common market access.

Not being thrown immediately back into the dark ages does not mean Brexit was a good idea

A_Medium_Size_Jock

"If we vote for Brexit, what happens?"
Not much - at least for now.
It seems that - even if article 50 is triggered - there may be no talks of any worth until after the elections in Germany in September 2017.

The European Council's first President Herman Van Rompuy has predicted there will be no "substantive" Brexit talks for 12 months.
He reasoned such discussions will wait until Germany's new government is formed after elections in September 2017.

http://www.independent.co.uk/news/uk/politics/no-substantive-brexit-talks-for-12-months-herman-van-rompuy-predicts-former-eu-president-a7308356.html

Seems perfectly reasonable - especially given the forthcoming French presidential elections in April/May.

Realistically therefore there really is absolutely no point in economic or trade "spin" from ANY point of view since until after* then, any forecasts not supported by hard data will remain pure conjecture.
Guesswork, in other words - whether it be in support of Bremain or of Brexit.

* You cannot accurately foretell what will happen when you cannot say HOW that something is supposed to happen; that is akin to saying "your kettle will boil dry" when the kettle has not been plugged in to the mains, much less even been switched on, even if the kettle does contain the equally-necessary water.

P.S. - IMHO the Japanese are only saying what the EU have asked them to say.

Crashy_Time

glasgowdan wrote: »

This is coming from the man who believes he can single handedly convince the country that house prices are dropping by preaching his flawed and narrow viewpoint over and over on the net. There are no suspicions about your motives!

Not quite single handedly.........


http://www.dailymail.co.uk/money/markets/article-3785815/Era-cheap-money-senior-bankers-warn-Markets-turmoil-rate-rise-fear.html