Referendum: which way are you voting?
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Remainsaverbuyer wrote: »I see the FTSE has recovered. Back to where it was a week ago and the pound will get you 1.23 euro.
Yet the BBC website is still running with a hysteria generating "Pound plunges after EU Leave vote" and "Business Live : Markets in Turmoil"0 -
LeaveYet the BBC website is still running with a hysteria generating "Pound plunges after EU Leave vote" and "Business Live : Markets in Turmoil"
Should say European stock markets in turmoil.Stock markets on the continent fared worse amid the prospect of the UK, a country currently making up one sixth of total EU output, leaving the bloc.
Germany's Dax was down 6.8% and France's Cac 40 8% off at the close
The Ibex in Spain shed 12.4% while Italy's Mib was also more than 12% lower.0 -
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RemainShort term effect for me.... Dollars cost a lot more than they should.
Thankfully I'm not going to the US for about 8 weeks, by which point I expect the £ to rebound to pretty much where it was so that I don't have to spend anything extra. Looked dicey this morning though, where it was looking like an extra £600 or so :eek:
Longer term I expect a slowdown in the UK economy, but not to any great extent. I do however think that NI will take a bigger hit than some of the areas in England who voted leave. On the upside, that will make the monkeys on the hill actually have to formulate a strategy that will benefit everyone and hopefully from there the green/orange issues will start to die the death they require. That way we can be like the rest of the EU and have 'normal' first world problems.
Water meters anyone?0 -
LeaveI was surprised and very pleased with the result. Had the EU stayed as purely a trading treaty I would have been pleased to remain. It was the interference in member countries laws and the narcissistic attitude of Brussels that caused the leave result.0
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Remainsaverbuyer wrote: »I see the FTSE has recovered. Back to where it was a week ago and the pound will get you 1.23 euro.
FTSE100 recovered. FTSE250 still tanked.
Its been mentioned many places, there is the initial plunge, the recovery as people pile back in on sound stocks, then comes the period where the markets actually give a logically thought out reaction. I imagine it will still be a downward move over the next few years.0 -
LeaveIts funny now the vote is over its like "Did that really happen? " and "Oh s**t, what are we going to do now"I started out with nothing......And still have most of it left:p0
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Its the day after Armageddon, people are still in shock. :eek:
Going by some newspapers leaders of some other EU countries are telling the UK to go now just get out. Nasty divorce comes to mind.0 -
Leavedonnac2558 wrote: »Its the day after Armageddon, people are still in shock. :eek:
Going by some newspapers leaders of some other EU countries are telling the UK to go now just get out. Nasty divorce comes to mind.
I think the heads of EU will want a very fast exit,they will be worried about rumblings in other EU countries who may also decide they may want out....0 -
RemainEU are right to do so.
If the majority of voters wanted to be out then that's what they should get as soon as possible. Why wait four months to start the negotiations?
Let the punishment roll, it's what we voted for.0
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