The 'I told you so' EU referendum - Officially the Worst Thread Ever

[Chippy]

I love the smell of hypocrisy in the morning.

[nut flush gooner]

I love the smell of hypocrisy in the morning.

She's not a hypocrite, but nor is she a credible prime minister. As was with the case for Gordon Brown, TM doesn't have a mandate to govern. We should really have another general election.

With regards to the trading stats, it's a sad indictment on the UK, that we do more business with Ireland that China. Are the Oirish really going to dig us out of this hole (after their recent problems) more than the Chinese, me thinks not.

[Gunner Rob]

having just come back from the continent on holiday I am already not liking the look of brexit.
the exchange rate is now terrible!

it still baffles me as to why 17.4 million people voted to make themselves poorer.
and dont give me any of this we got our country back. er no we didnt, we dont make hardly anything any more and so we rely on the world economy to survive. I really dont think telling our closest trading area to do one is really going to help matters

the full reality of 21st century globalisation (after being sheltered in the EU) is going to hit the country very hard.

[olgitgooner]

To the bitter remainiacs who insist that shit hasn't hit the fan because we haven't actually left yet.......
The shit actually DID hit the fan the day after referendum. Billions of pounds were wiped from the value of stocks, shares and pension funds. Knee jerk reaction from money dealers. Who thought they knew best.
It's all back to normal now. Loads of so called experts are busily wiping egg off their faces. And still collecting fat salaries instead of their P45s.

Honestly mate you will be so embarrassed by this post some time very soon (tomorrow?). The markets thought Theresa May was being very clever and playing a long game to keep us in. They now realise she is as thick as pig shit.

Chippy are you being serious here? Are you really saying that the markets will collapse (again) tomorrow? I can't believe money dealers will want to look stupid twice in quick succession.

Are you, perchance, a money dealer yourself?

[olgitgooner]

I love the smell of hypocrisy in the morning.

This was Theresa May following orders from her boss. Our ex PM was extremely angry with her for not actively supporting the Remain campaign. AKA Project Fear. He sent her a very strong message to get her onside. May assumed that the remainders would win out. Same as most people did. She wanted to be on the winning side and remain in the Cabinet.

Show me a politician who is not guilty of hypocrisy, and I'll show you a fart that doesn't smell.

[olgitgooner]

having just come back from the continent on holiday I am already not liking the look of brexit.
the exchange rate is now terrible!

it still baffles me as to why 17.4 million people voted to make themselves poorer.
and dont give me any of this we got our country back. er no we didnt, we dont make hardly anything any more and so we rely on the world economy to survive. I really dont think telling our closest trading area to do one is really going to help matters

the full reality of 21st century globalisation (after being sheltered in the EU) is going to hit the country very hard.

The EU is is sinking ship in terms of world trade. Top heavy beaurocracy and over regulation is slowly killing this protectionist trading block. Now a political entity rather than an economic cooperative. It has now overtaken the old USSR as the greatest dysfunctional and corrupt empire on the planet. History shows us that all empires grow and then fall. We are best off out of it. Even if there is a short term financial hit. Which is debatable. I'm sure some vicious EU leaders would shoot themselves in both feet to make the divorce as nasty as possible. Let's see how they stack up against German industry. Which would go into serious decline without unhindered sales to the UK. And the Southern European countries which have been crippled by membership of the Euro and need tourism and property investment from the UK. It makes no sense whatsoever for the EU to impose new trade barriers. We are certainly NOT telling the EU to "do one"

[nut flush gooner]

To the bitter remainiacs who insist that shit hasn't hit the fan because we haven't actually left yet.......
The shit actually DID hit the fan the day after referendum. Billions of pounds were wiped from the value of stocks, shares and pension funds. Knee jerk reaction from money dealers. Who thought they knew best.
It's all back to normal now. Loads of so called experts are busily wiping egg off their faces. And still collecting fat salaries instead of their P45s.

Honestly mate you will be so embarrassed by this post some time very soon (tomorrow?). The markets thought Theresa May was being very clever and playing a long game to keep us in. They now realise she is as thick as pig shit.

Chippy are you being serious here? Are you really saying that the markets will collapse (again) tomorrow? I can't believe money dealers will want to look stupid twice in quick succession.

Are you, perchance, a money dealer yourself?

So you see the stock market go up today, and that justifies your position? Quite a one dimensional approach imo.

You should be more concerned at how the pound has fared, it sits at £1.285 as we speak. Your purchasing power is being diminished the weaker the pound gets, the company you work for has to pay more for its costs (especially if it is a manufacturing company). The petrol you put in your tank goes up, even if oil prices remain static.

Nissan said last week, if the UK doesn't have pass-porting rights into the EU it will reconsider its operations in the UK. All our Mackem friends who where saluting the Brexit victory are a bit more nervous now ehhh.

Ironically the people who this vote was a protests against, ie the political elite and rich won't be hit half as hard as the working classes. It's already started yet the blind still cannot see it.

But it's ok you got your country back...........

[olgitgooner]

To the bitter remainiacs who insist that shit hasn't hit the fan because we haven't actually left yet.......
The shit actually DID hit the fan the day after referendum. Billions of pounds were wiped from the value of stocks, shares and pension funds. Knee jerk reaction from money dealers. Who thought they knew best.
It's all back to normal now. Loads of so called experts are busily wiping egg off their faces. And still collecting fat salaries instead of their P45s.

Honestly mate you will be so embarrassed by this post some time very soon (tomorrow?). The markets thought Theresa May was being very clever and playing a long game to keep us in. They now realise she is as thick as pig shit.

Chippy are you being serious here? Are you really saying that the markets will collapse (again) tomorrow? I can't believe money dealers will want to look stupid twice in quick succession.

Are you, perchance, a money dealer yourself?

So you see the stock market go up today, and that justifies your position? Quite a one dimensional approach imo.

You should be more concerned at how the pound has fared, it sits at £1.285 as we speak. Your purchasing power is being diminished the weaker the pound gets, the company you work for has to pay more for its costs (especially if it is a manufacturing company). The petrol you put in your tank goes up, even if oil prices remain static.

Nissan said last week, if the UK doesn't have pass-porting rights into the EU it will reconsider its operations in the UK. All our Mackem friends who where saluting the Brexit victory are a bit more nervous now ehhh.

Ironically the people who this vote was a protests against, ie the political elite and rich won't be hit half as hard as the working classes. It's already started yet the blind still cannot see it.

But it's ok you got your country back...........

This "got your country back" mantra is getting a bit tiresome.
It's actually "withdraw from oppressive and anti democratic regime".

The "one dimensional approach" jibe is unfair. I look at the overall situation from more than one perspective. I suggest you try it

A weak pound is actually good for business overall. It makes exports cheaper on the world market. Even if raw material import costs go up. Some would say we don't even export much by way of manufactured goods. You can't have it both ways. Japan and the USA would absolutely love it if their currencies decreased in value globally.

Financial markets will fluctuate. As they always do. I have yet to hear any one single person justify the ridiculous crash which occurred the day after The referendum. Knee jerk reactions from money dealers caused it. We are still in the EU for the next two years. Minimum. And now you suggest that I'm using the recent increase in financial values to "justify my position". Pffff!

[olgitgooner]

I forgot to reply to the Nissan thing.
The "threat" concerns future investment. Not current investment. Nissan are doing very nicely from the UK. They are just seeking "guarantees to protect their investment". AKA screw the UK government for profit making subsidies. It's a business ploy. Remember when de Lorean got our government to build him a brand new factory for nothing?

[nut flush gooner]

To the bitter remainiacs who insist that shit hasn't hit the fan because we haven't actually left yet.......
The shit actually DID hit the fan the day after referendum. Billions of pounds were wiped from the value of stocks, shares and pension funds. Knee jerk reaction from money dealers. Who thought they knew best.
It's all back to normal now. Loads of so called experts are busily wiping egg off their faces. And still collecting fat salaries instead of their P45s.

Honestly mate you will be so embarrassed by this post some time very soon (tomorrow?). The markets thought Theresa May was being very clever and playing a long game to keep us in. They now realise she is as thick as pig shit.

Chippy are you being serious here? Are you really saying that the markets will collapse (again) tomorrow? I can't believe money dealers will want to look stupid twice in quick succession.

Are you, perchance, a money dealer yourself?

So you see the stock market go up today, and that justifies your position? Quite a one dimensional approach imo.

You should be more concerned at how the pound has fared, it sits at £1.285 as we speak. Your purchasing power is being diminished the weaker the pound gets, the company you work for has to pay more for its costs (especially if it is a manufacturing company). The petrol you put in your tank goes up, even if oil prices remain static.

Nissan said last week, if the UK doesn't have pass-porting rights into the EU it will reconsider its operations in the UK. All our Mackem friends who where saluting the Brexit victory are a bit more nervous now ehhh.

Ironically the people who this vote was a protests against, ie the political elite and rich won't be hit half as hard as the working classes. It's already started yet the blind still cannot see it.

But it's ok you got your country back...........

This "got your country back" mantra is getting a bit tiresome.
It's actually "withdraw from oppressive and anti democratic regime".

The "one dimensional approach" jibe is unfair. I look at the overall situation from more than one perspective. I suggest you try it

A weak pound is actually good for business overall. It makes exports cheaper on the world market. Even if raw material import costs go up. Some would say we don't even export much by way of manufactured goods. You can't have it both ways. Japan and the USA would absolutely love it if their currencies decreased in value globally.

Financial markets will fluctuate. As they always do. I have yet to hear any one single person justify the ridiculous crash which occurred the day after The referendum. Knee jerk reactions from money dealers caused it. We are still in the EU for the next two years. Minimum. And now you suggest that I'm using the recent increase in financial values to "justify my position". Pffff!

The mantra is what brexit is built around and what most people fell for, quite literally.

Having a weak pound is not good for business. If input costs go up, profit margins are immediately put under pressure and that costs jobs. Don't forget we are not an exporting nation, so you don't just start flogging stuff go the rest of the world because the pound has been devalued. That's exactly why Nissan are getting their knickers in a twist, they don't want their cars exported into Europe facing tariffs.

Those goods have to be high quality and still compete with many other economies that can still undercut us on price, e.g. China. Don't forget with this anti globalisation rhetoric that has been doing the rounds in recent years, a lot of countries have started protecting their home grown companies by imposing tariffs on imports.So all the benefit of having a lower exchange rate is a superfluous argument anyway.

As I said before a one day crash in markets is irrelevant. You have to look at the bigger picture, the rich are getting richer because their advisers told them to buy assets before brexit in dollars (such as gold or overseas shares) , which have rocketed since. Meanwhile the poor are looking down the barrel facing higher prices in the shops, increased fuel prices and a lower overall standard of living. If the pound doesn't strengthen this self fulfilling prophecy is highly likely to happen.

[nut flush gooner]

I forgot to reply to the Nissan thing.
The "threat" concerns future investment. Not current investment. Nissan are doing very nicely from the UK. They are just seeking "guarantees to protect their investment". AKA screw the UK government for profit making subsidies. It's a business ploy. Remember when de Lorean got our government to build him a brand new factory for nothing?

The issue with regards to Nissan as I said in the other thread is purely down to tariffs from the EU. I think you are taking the wrong line here. They won't invest until this matter has been cleared up. Any hint of tariffs makes the UK plants uncompetitive and its goodnight Sunderland.

TM has talked about a hard brexit, the Europeans will respond accordingly. It's not going to be an amicable divorce.

[olgitgooner]

Honestly mate you will be so embarrassed by this post some time very soon (tomorrow?). The markets thought Theresa May was being very clever and playing a long game to keep us in. They now realise she is as thick as pig shit.

Chippy are you being serious here? Are you really saying that the markets will collapse (again) tomorrow? I can't believe money dealers will want to look stupid twice in quick succession.

Are you, perchance, a money dealer yourself?

So you see the stock market go up today, and that justifies your position? Quite a one dimensional approach imo.

You should be more concerned at how the pound has fared, it sits at £1.285 as we speak. Your purchasing power is being diminished the weaker the pound gets, the company you work for has to pay more for its costs (especially if it is a manufacturing company). The petrol you put in your tank goes up, even if oil prices remain static.

Nissan said last week, if the UK doesn't have pass-porting rights into the EU it will reconsider its operations in the UK. All our Mackem friends who where saluting the Brexit victory are a bit more nervous now ehhh.

Ironically the people who this vote was a protests against, ie the political elite and rich won't be hit half as hard as the working classes. It's already started yet the blind still cannot see it.

But it's ok you got your country back...........

This "got your country back" mantra is getting a bit tiresome.
It's actually "withdraw from oppressive and anti democratic regime".

The "one dimensional approach" jibe is unfair. I look at the overall situation from more than one perspective. I suggest you try it

A weak pound is actually good for business overall. It makes exports cheaper on the world market. Even if raw material import costs go up. Some would say we don't even export much by way of manufactured goods. You can't have it both ways. Japan and the USA would absolutely love it if their currencies decreased in value globally.

Financial markets will fluctuate. As they always do. I have yet to hear any one single person justify the ridiculous crash which occurred the day after The referendum. Knee jerk reactions from money dealers caused it. We are still in the EU for the next two years. Minimum. And now you suggest that I'm using the recent increase in financial values to "justify my position". Pffff!

The mantra is what brexit is built around and what most people fell for, quite literally.

Having a weak pound is not good for business. If input costs go up, profit margins are immediately put under pressure and that costs jobs. Don't forget we are not an exporting nation, so you don't just start flogging stuff go the rest of the world because the pound has been devalued. That's exactly why Nissan are getting their knickers in a twist, they don't want their cars exported into Europe facing tariffs.

Those goods have to be high quality and still compete with many other economies that can still undercut us on price, e.g. China. Don't forget with this anti globalisation rhetoric that has been doing the rounds in recent years, a lot of countries have started protecting their home grown companies by imposing tariffs on imports.So all the benefit of having a lower exchange rate is a superfluous argument anyway.

As I said before a one day crash in markets is irrelevant. You have to look at the bigger picture, the rich are getting richer because their advisers told them to buy assets before brexit in dollars (such as gold or overseas shares) , which have rocketed since. Meanwhile the poor are looking down the barrel facing higher prices in the shops, increased fuel prices and a lower overall standard of living. If the pound doesn't strengthen this self fulfilling prophecy is highly likely to happen.

Wrong. Wrong. Right. Wrong.
How can you possibly state that the post referendum crash is "irrelevant "?
Flexible tariffs are a sensible idea. To prevent loss making goods flooding the world markets. For example Chinese steel. The Americans were quite right to impose immediate and massive tariffs. Stupid EU did no such thing. This has nothing to do with general trading where a weak currency maintains an advantage over a strong currency in terms of exports.

[Brightonnxtround]

I've been alive 56 years and have never felt like I was EUROPEAN slowly but surely with Eu. Laws and covenants
I was being forced to become something I could never become and that's why I voted leave .

[nut flush gooner]

Chippy are you being serious here? Are you really saying that the markets will collapse (again) tomorrow? I can't believe money dealers will want to look stupid twice in quick succession.

Are you, perchance, a money dealer yourself?

So you see the stock market go up today, and that justifies your position? Quite a one dimensional approach imo.

You should be more concerned at how the pound has fared, it sits at £1.285 as we speak. Your purchasing power is being diminished the weaker the pound gets, the company you work for has to pay more for its costs (especially if it is a manufacturing company). The petrol you put in your tank goes up, even if oil prices remain static.

Nissan said last week, if the UK doesn't have pass-porting rights into the EU it will reconsider its operations in the UK. All our Mackem friends who where saluting the Brexit victory are a bit more nervous now ehhh.

Ironically the people who this vote was a protests against, ie the political elite and rich won't be hit half as hard as the working classes. It's already started yet the blind still cannot see it.

But it's ok you got your country back...........

This "got your country back" mantra is getting a bit tiresome.
It's actually "withdraw from oppressive and anti democratic regime".

The "one dimensional approach" jibe is unfair. I look at the overall situation from more than one perspective. I suggest you try it

A weak pound is actually good for business overall. It makes exports cheaper on the world market. Even if raw material import costs go up. Some would say we don't even export much by way of manufactured goods. You can't have it both ways. Japan and the USA would absolutely love it if their currencies decreased in value globally.

Financial markets will fluctuate. As they always do. I have yet to hear any one single person justify the ridiculous crash which occurred the day after The referendum. Knee jerk reactions from money dealers caused it. We are still in the EU for the next two years. Minimum. And now you suggest that I'm using the recent increase in financial values to "justify my position". Pffff!

The mantra is what brexit is built around and what most people fell for, quite literally.

Having a weak pound is not good for business. If input costs go up, profit margins are immediately put under pressure and that costs jobs. Don't forget we are not an exporting nation, so you don't just start flogging stuff go the rest of the world because the pound has been devalued. That's exactly why Nissan are getting their knickers in a twist, they don't want their cars exported into Europe facing tariffs.

Those goods have to be high quality and still compete with many other economies that can still undercut us on price, e.g. China. Don't forget with this anti globalisation rhetoric that has been doing the rounds in recent years, a lot of countries have started protecting their home grown companies by imposing tariffs on imports.So all the benefit of having a lower exchange rate is a superfluous argument anyway.

As I said before a one day crash in markets is irrelevant. You have to look at the bigger picture, the rich are getting richer because their advisers told them to buy assets before brexit in dollars (such as gold or overseas shares) , which have rocketed since. Meanwhile the poor are looking down the barrel facing higher prices in the shops, increased fuel prices and a lower overall standard of living. If the pound doesn't strengthen this self fulfilling prophecy is highly likely to happen.

Wrong. Wrong. Right. Wrong.
How can you possibly state that the post referendum crash is "irrelevant "?
Flexible tariffs are a sensible idea. To prevent loss making goods flooding the world markets. For example Chinese steel. The Americans were quite right to impose immediate and massive tariffs. Stupid EU did no such thing. This has nothing to do with general trading where a weak currency maintains an advantage over a strong currency in terms of exports.

When you draw your pension, or if you have already started drawing your pension what effect did the market crash on the 24th/27th June have on your standard of living? It's a retarded analogy to make tbh, and doesn't even deserve any more debating. As I said before your wealth is accrued over a number of decades not 2 days.

What exactly is a Flexible tariff lol. A tariff is imposed to protect a countries industries against cheaper imports, when one country imposes a tariff it is usually reciprocated by another country. That is the whole idea of trade agreements, they encourage countries to offer tarriff/tax free trade which ultimately benefits everyone. It is also the biggest sticking point when it comes to negotiations between countries and why they take so long to ratify (TTIP for example).

You refer to Chinese steel, well yes the Americans imposed Tariffs on Chinese imports, but that sort of protectionist rhetoric doesn't stop the Chinese from making it very difficult for US firms to export there. A case in point being Apple. Both China and India are two countries that Apple has failed to crack, why do you think that is? Sometimes you need to look at the bigger picture. Imposing taxes/tariffs has a proportional effect on a countries ability to export and that brings us back to Brexit, we simply do not have the bargaining chips a large country such as the United States , India or China has to allow us to compensate for leaving the EU. That is a fact. I mean for fuck sake our trade with Ireland is more than China, what does that tell you.

I haven't seen one constructive argument to back up Brexit, in fact the most common sense comes from the likes of DB10 who actually seems to know what he's talking about. And he's not even British!

[flash gunner]

This going to become like the religion thread

The facts are we have voted out. The remain side we not good enough in their campaign to persuade the British public. We might live to regret the decision, we might flourish outside of the E.U. no one truly knows. We can guess, we can post opinions of experts on either side but

NO ONE KNOWS