The thread for pointless arguments about Brexit

mystic_trev

BobQ wrote: »

Yet.............................................

Hmmm....and what about the FTSE dropping 20% after Brexit?

Nearly £350bn could be wiped off the value of Britain’s top companies in the event of a vote for the UK to leave the European Union, analysts at UBS have warned.

In a note to clients, the bank said the FTSE 100 could fall as low as 4900 in the worst case situation after a Brexit vote, the lowest level since the height of the eurozone crisis in 2011.

But if the UK votes to remain in Europe, UBS says the leading index could climb as high as 6800. The FTSE 100 currently stands at 6245.

https://www.theguardian.com/business/marketforceslive/2016/jun/22/ftse-100-could-lose-up-to-350bn-in-brexit-vote-says-ubs

Currently 6577

chucknorris

mystic_trev wrote: »

Hmmm....and what about the FTSE dropping 20% after Brexit?



https://www.theguardian.com/business/marketforceslive/2016/jun/22/ftse-100-could-lose-up-to-350bn-in-brexit-vote-says-ubs

Currently 6577

I'm very pleasantly surprised at that, although I'm holding my breath about London property prices, I suspect that I might have to retain my properties for a bit longer than I had planned on. But I'm hoping that I might be wrong about that too.

chris_m

BobQ wrote: »

And pigs will fly throughout the land

God I hope not - I have enough trouble with seagulls carping on my car :rotfl:

justme111

cells wrote: »

exactly, far too many people imagine an increasing population adds to the pressure of public services and jobs but forgets they also contribute to them.

Nobody is complaining that the lines in Tesco are getting unbearable with the population at +500,000 from last year. They clearly innately understand that people pay for their food and Tesco can expand its service with a growing population. The same is true for schools and hospitals and any public service.

The difference is that people do not pay for using hospitals and increased demand is not matched by increased spending but the opposite of it - cuts in public services.

rlc22

Positive:

We may never have any more referendums.

CLAPTON

rlc22 wrote: »

Positive:

We may never have any more referendums.

although I wouldn't agree, many might see a positve that there will be fewer posts on the forums extrolling the Swiss political system with all those referendums

BobQ

chucknorris wrote: »

Very good for umbrella sales then!

I would of thought they would be at a peak due to all the cr*p that has been falling from Brexit birds.

Jason74

justme111 wrote: »

The difference is that people do not pay for using hospitals and increased demand is not matched by increased spending but the opposite of it - cuts in public services.

Absolutely right. And I would respectfully suggest that it is this failure to plan for the demand that is the problem, rather than the demand itself. And given that this is something thta is the responsibility of the UK Government rather than the EU, those voting to leave on that basis have basically scored a bullseye on the wrong target.

BobQ

justme111 wrote: »

The difference is that people do not pay for using hospitals and increased demand is not matched by increased spending but the opposite of it - cuts in public services.

people pay taxes- if the money does not get spent on services it is nor the fault of the immigrants.

If Tesco just said, let them queue, they wold lose customers. The difference is that HMG are a monopoly service provider.

cells

justme111 wrote: »

The difference is that people do not pay for using hospitals and increased demand is not matched by increased spending but the opposite of it - cuts in public services.

people do pay via their taxes. its a choice if you want to spend that extra tax on hospitals or not

migrants make a much bigger contribution than most people realise as they allow locals to be pushed up the skills and pay scale