The thread for pointless arguments about Brexit

HAMISH_MCTAVISH

LauraW10 wrote: »

I voted Remain but a week later I'm glad we've left. The turmoil hasn't been that bad.

:rotfl:

Nice one.

So far we've seen two trillion pounds wiped off markets, the biggest fall in the pounds value in history, the resignation of the prime minister, a vote of no confidence in the leader of the opposition, and the Bank of England has had to make an emergency injection of liquidity into the financial system equivalent to more than three decades of our EU contributions.

And that's in less than a week.:eek:

setmefree2

One unexpected upside is that the UK is already been regarded by some in the US as a safe haven from the ongoing crisis in EZ.

setmefree2

HAMISH_MCTAVISH wrote: »

:rotfl:

Nice one.

So far we've seen two trillion pounds wiped off markets, the biggest fall in the pounds value in history, the resignation of the prime minister, a vote of no confidence in the leader of the opposition, and the Bank of England has had to make an emergency injection of liquidity into the financial system equivalent to more than three decades of our EU contributions.

And that's in less than a week.:eek:

The FTSE is higher than it was this time last week, the pounds been trading in the current range pre brexit, the Tory party are united, the Labour Party have been in disarray for over a year and HAMISH the oil price is trending upwards because excess supply is being killed off.

Plenty to be cheerful about.

mwpt

the_flying_pig wrote: »

The problem isn't that the EU doesn't have downsides. It plainly does, otherwise there'd have been no interest in a leave campaign.

The problem is rather that these disadvantages are strongly outweighed by advantages.

Brexit can deliver some modest gains in return for a huge cost.

Excuse me, I really think you are underestimating the positive impact of straight bananas. Straight bananas!

chucknorris

setmefree2 wrote: »

The FTSE is higher than it was this time last week, the pounds been trading in the current range pre brexit, the Tory party are united, the Labour Party have been in disarray for over a year and HAMISH the oil price is trending upwards because excess supply is being killed off.

Plenty to be cheerful about.

It is true that the ftse is marginally higher/about the same level, which is very good news, but I am convinced that it is a fair bit lower than it would have been after surging on the back of a remain vote. But nevertheless I am very happy (given the circumstances) where the ftse is right now.

EDIT: After Carney's speech today, the ftse has gone above 6,500, the day before the referendum I said to my wife that if the remain vote prevails, I think the ftse will break 6,500 (where it is now), so I am very happy about that.

mwpt

chucknorris wrote: »

It is true that the ftse is marginally higher, which is very good news, but I am convinced that it is a fair bit lower than it would have been after surging on the back of a remain vote. But nevertheless I am very happy (given the circumstances) where the ftse is right now.

If your intention - like myself - was to keep options open for retiring somewhere sunnier, then the FTSE is actually a fair amount lower than it was last week in rWorld currency.

chucknorris

mwpt wrote: »

If your intention - like myself - was to keep options open for retiring somewhere sunnier, then the FTSE is actually a fair amount lower than it was last week in rWorld currency.

I think that we will be only be having extended holidays to Spain/the Algarve during the winters, where are you thinking of going?

Moto2

We can blame any future woes on the 'previous administration'

CLAPTON

HAMISH_MCTAVISH wrote: »

:rotfl:

Nice one.

So far we've seen two trillion pounds wiped off markets, the biggest fall in the pounds value in history, the resignation of the prime minister, a vote of no confidence in the leader of the opposition, and the Bank of England has had to make an emergency injection of liquidity into the financial system equivalent to more than three decades of our EU contributions.

And that's in less than a week.:eek:

markets have been upset in the past : was that an absolute failure of the EU? Of course not markets fluctuate all the time.
In any event the trillions barely effect anything in the real world.
The resignation of Cameron is a massive positive : well spotted.
Corbyn's problem is he is a useless IRA loving person and if brexit speeds up his departure then that another positive. The BoE is doing its job : another good thing.
On on balance
1 temporary downside which happens quite often
2 massive positions
1 BoE just doing what is does.

not too bad overall so far

elsien

A special relationship with Donald Trump.