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Re: EU referendum - What will you vote?

Posted: Sun Jul 10, 2016 7:47 am
by nut flush gooner
A11M11 wrote:Yes the pound has fallen to the predicted level and yes the products which we make will cost more to produce but to foreign markets because of the fall of the pound they will be cheaper to buy.
When however the political classes get their act together and decide to act for the country rather than having their private strops and running away. When the trade deals that they should now be working on , rather than sitting in a corner eating worms , start to roll in , the pound will recover. Anyone with any sense knew that there would be financial upheaval at the inception but the remain people are using this in any way that they can to continue the instability in the hope that they can get democracy overturned. They really come over as sad self centered people .
Tariffs and Taxes, ever thought of that? Do you honestly think the Europeans after taking a punch on the nose will allow us to export our "cheaper goods" to threaten their own home grown industries? Of course they won't.

And don't say we have the rest of the world, both China and the US adopt very protectionist policies.

As for the pound, the predictions where right, it got clobbered. The next predictions are parity versus the dollar, although it's unlikely if it did happen, that would be disastrous. £1.50 a litre on petrol anyone?

Being completely selfish, financially Brexit was lucrative for me because I bought Gold and hold overseas shares which have rocketed. Despite this I would still rather we hadn't decided to leave.

Re: EU referendum - What will you vote?

Posted: Sun Jul 10, 2016 11:39 pm
by A11M11
Good for you being able to take advantage of the situation. Any of us that voted out and did not think it would be rocky at first were naive to say the least. However I still believe that in the long run the sovereignty issue was always the most important thing .The E.U has run into a large number of problems mainly because of its beaurocracy and the desire for federalism. The calls for Junker and Schulz to modify and rein back their all encompassing vision are beginning to gather pace and get louder by the day. I always said that the vote was the start of a game of poker, I also feel that May when she gets in will do her best not to leave and her negotiations will be more aimed at a better deal and staying rather than leaving. This will be the only way that they will be able to keep other disenchanted countries on board. It's a shame that the markets have reacted the way that they have although not unexpected. I'm still convinced that given time things will settle and be good for BRITAIN in the long run

Re: EU referendum - What will you vote?

Posted: Mon Jul 11, 2016 9:03 am
by arseofacrow
Pro EU parties have seen a rise in popularity in recent weeks. Many people here are against the Federalism but appreciate a more secure Europe.

Trade deals will still encompass much higher costs.

Companies such as Vodafone will no longer head their European operations from the UK.

Negotiations on any deals will be contingent on acceptance of immigrants. And not the cherry picking that some think will be possible. (I believe Germany have scored a massive own goal with it's recent policy on Syrian immigrants but that's a partly non EU issue and a different debate)

Losing vital security links with other European countries.

Not to mention the loss of EU development and research funds.


Everyone has the right to choose given a free vote, but seeing as how most people (of the 35% of people who do vote) do so with their wallet, I think they're shooting themselves in the foot.

If people are looking outside their windows, don't like what they see and want someone to blame, blame successive UK governments.

Re: EU referendum - What will you vote?

Posted: Mon Jul 11, 2016 10:05 am
by Nos89
Reading today barristers have to the government that the referendum is an advisory result and that it is up to parliament to decide if we should leave, and not leave on the result of the referendum.

Re: EU referendum - What will you vote?

Posted: Mon Jul 11, 2016 1:30 pm
by the playing mantis
nut flush gooner wrote:
the playing mantis wrote:why is being concerned about immigration levels racist?

ooo look the markets and CCY is down again, lets go quiet all the days it rose and jump on it when its dropped again. its what happens its not an inherently bad thing regarding the ex rate as it will boost exports, its artifical speculating causing this and big investors attempting to make killings as due to the media and chattering clases and london bubble some investors are being spooked.

there was always going to short term pain, once the media get bored things will get back to normal...

whats wrong with house prices going down? it will help young people get on the ladder and hopefully burst the ridiculous price bubble that exists. the losers will be people who have entiely invested in property, but more fool them im afraid. eggs and baskets spring to mind

if there is no brexit then there will be riots. the brexit majority would have been even bigger imo were it not for the tragic shooting of that mp (whats happened there btw, all gone very quiet on the guy who did it?)

i think may was a closet brexiter as she was anonymous in the remian campaign which is odd for such a senior minister.

this thread should be locked like the transfer thread as its done as is wenger
For the average man in the street what happens to the stock market only matters when it comes to thinking about taking retirement benefits from a pension.

With regards to currency, the £ has fallen to the levels predicted levels. This is what will cause the pain over the next few years, a lower £ means we have to pay more in the shops for our staples. It also means manufacturers costs increase because the raw materials that they use are priced in dollars again, so they have a choice either put prices up or lay people off.

I totally disagree with you about the vote, if anything a lot of people are now regretting to vote leave. If there was another referendum , given that vote leave blatantly lied and admitted it they wouldn't stand a chance.

Economists are already saying our GDP will be 1% lower next year as a result of Brexit. The only people that are happy now are those that still think we will be better off, but in reality haven't got a clue.
the CCY uncertainty was predicted in the short term and that's what's happened, once a new leader is in place things will normalise. regardless the massive boost to exports this gives needs to be considered to. The sort of manufacturers that are significantly impacted by price fluctuations in raw material proced in USD are those that would have already locked these in via long dated futures, so any potential impact on that will be a long way down the line and probably not at all once things normalise.


again the rest is mostly subjective. regarding peoples regretting voting leave that's an illusion of the media just playing to their agendas. ive not come across anyone who regrets voting leave. the sympathy and supposed 'guilt' driven by the death of the MP would undoubtedly have influenced certain types of undecided to vote remain. that's subjective yes but human nature suggests is highly likely

Re: EU referendum - What will you vote?

Posted: Mon Jul 11, 2016 2:06 pm
by the playing mantis
Chippy wrote:I assume you voted for him. I didn't.
that's why your so bitter! with Scotland going, god willing, an uninterrupted broad sunlit upland of right wing after right wing government awaits.

im creaming my pants!

Re: EU referendum - What will you vote?

Posted: Mon Jul 11, 2016 2:16 pm
by the playing mantis
arseofacrow wrote:Pro EU parties have seen a rise in popularity in recent weeks. Many people here are against the Federalism but appreciate a more secure Europe. short term reactionary due to the pro eu media scaremongering on brexit. the dutch will go within a few years imo,and when le pen gets in the French probably will too.

Trade deals will still encompass much higher costs. proof?

Companies such as Vodafone will no longer head their European operations from the UK. proof?

Negotiations on any deals will be contingent on acceptance of immigrants. And not the cherry picking that some think will be possible. (I believe Germany have scored a massive own goal with it's recent policy on Syrian immigrants but that's a partly non EU issue and a different debate) how do you know for sure? various European politicians say this but its one of the key tenants that caused brexit. we are the biggest market for the eu, they want a deal that isn't going to hurt them and will give concessions where we want them. its in there own interests regardless of what certain federalists politicians state.

Losing vital security links with other European countries. why will this change? its the eu we are leaving not Europe, that's what many don't seem to get, just because we are not in the eu failed project doesn't mean we cut ties with Europe, our security forces are some of the ebst in the workld, far better than the atrocious Belgian and French, I don't think any politician has seriously suggested this cooperation will cease or is dependent on eu membership. its ridiculous if anyone pretends it is.

Not to mention the loss of EU development and research funds. what the reimbursement of our own money and having no choice where we spend it?

Everyone has the right to choose given a free vote, but seeing as how most people (of the 35% of people who do vote) do so with their wallet, I think they're shooting themselves in the foot.

If people are looking outside their windows, don't like what they see and want someone to blame, blame successive UK governments.
its new labours fault ultimately. people would have and have put up with loss of sovereignty... the immigration factor has tipped people over the edge.

Re: EU referendum - What will you vote?

Posted: Mon Jul 11, 2016 3:34 pm
by A11M11
Immigration is not necessarily bad , mass immigration is .

Re: EU referendum - What will you vote?

Posted: Mon Jul 11, 2016 3:38 pm
by northbank123
Nos89 wrote:Reading today barristers have to the government that the referendum is an advisory result and that it is up to parliament to decide if we should leave, and not leave on the result of the referendum.
Yep a self-publicising law firm got in on the act by claiming to act for some vague, unspecified conglomerate of academics etc. managed to get their name splashed across the front page of BBC and the papers so goal achieved.

I have actually spoken to a leading constitutional barrister on this point though and his view was unequivocally that it is NOT a prerogative power and it would be unlawful to serve an article 50 notice without parliamentary approval.

In the current climate a prime minister would be mad not to have a commons vote though and MPs would be mad not to pass it overwhelmingly.

Re: EU referendum - What will you vote?

Posted: Mon Jul 11, 2016 4:41 pm
by nut flush gooner
the playing mantis wrote:
nut flush gooner wrote:
the playing mantis wrote:why is being concerned about immigration levels racist?

ooo look the markets and CCY is down again, lets go quiet all the days it rose and jump on it when its dropped again. its what happens its not an inherently bad thing regarding the ex rate as it will boost exports, its artifical speculating causing this and big investors attempting to make killings as due to the media and chattering clases and london bubble some investors are being spooked.

there was always going to short term pain, once the media get bored things will get back to normal...

whats wrong with house prices going down? it will help young people get on the ladder and hopefully burst the ridiculous price bubble that exists. the losers will be people who have entiely invested in property, but more fool them im afraid. eggs and baskets spring to mind

if there is no brexit then there will be riots. the brexit majority would have been even bigger imo were it not for the tragic shooting of that mp (whats happened there btw, all gone very quiet on the guy who did it?)

i think may was a closet brexiter as she was anonymous in the remian campaign which is odd for such a senior minister.

this thread should be locked like the transfer thread as its done as is wenger
For the average man in the street what happens to the stock market only matters when it comes to thinking about taking retirement benefits from a pension.

With regards to currency, the £ has fallen to the levels predicted levels. This is what will cause the pain over the next few years, a lower £ means we have to pay more in the shops for our staples. It also means manufacturers costs increase because the raw materials that they use are priced in dollars again, so they have a choice either put prices up or lay people off.

I totally disagree with you about the vote, if anything a lot of people are now regretting to vote leave. If there was another referendum , given that vote leave blatantly lied and admitted it they wouldn't stand a chance.

Economists are already saying our GDP will be 1% lower next year as a result of Brexit. The only people that are happy now are those that still think we will be better off, but in reality haven't got a clue.
the CCY uncertainty was predicted in the short term and that's what's happened, once a new leader is in place things will normalise. regardless the massive boost to exports this gives needs to be considered to. The sort of manufacturers that are significantly impacted by price fluctuations in raw material proced in USD are those that would have already locked these in via long dated futures, so any potential impact on that will be a long way down the line and probably not at all once things normalise.


again the rest is mostly subjective. regarding peoples regretting voting leave that's an illusion of the media just playing to their agendas. ive not come across anyone who regrets voting leave. the sympathy and supposed 'guilt' driven by the death of the MP would undoubtedly have influenced certain types of undecided to vote remain. that's subjective yes but human nature suggests is highly likely
How do you know. Are you the chancellor of the exchequer by any chance? What is normalisation of our currency - it has fallen from $2 10 years ago to sub $1.30 today. Is normalisation $1.30, $1.50, $1 or some other figure plucked out of thin air?

The UK is a net importing country, that is why I keep making this point about our food/electricals and petrol costs going up. Yes in currency terms our goods that we export will appear cheaper, but as I have already pointed out unless we have free trade agreements it will be very difficult to barge in to sectors overseas when their governments will be protecting home grown industries by taxing and imposing tariffs on our exports. The EU will not give us a free trade agreement nor will China, India or the US unless we agree some concessions from our side. With the EU the big sticking point will be free movement of Labour.

By the way, your comment about futures contracts was so plucked out of something like google search it's funny. You can't hedge currency forever ;).

Re: EU referendum - What will you vote?

Posted: Mon Jul 11, 2016 7:01 pm
by arseofacrow
the playing mantis wrote:
arseofacrow wrote:Pro EU parties have seen a rise in popularity in recent weeks. Many people here are against the Federalism but appreciate a more secure Europe. short term reactionary due to the pro eu media scaremongering on brexit. the dutch will go within a few years imo,and when le pen gets in the French probably will too.

Trade deals will still encompass much higher costs. proof?

Companies such as Vodafone will no longer head their European operations from the UK. proof?

Negotiations on any deals will be contingent on acceptance of immigrants. And not the cherry picking that some think will be possible. (I believe Germany have scored a massive own goal with it's recent policy on Syrian immigrants but that's a partly non EU issue and a different debate) how do you know for sure? various European politicians say this but its one of the key tenants that caused brexit. we are the biggest market for the eu, they want a deal that isn't going to hurt them and will give concessions where we want them. its in there own interests regardless of what certain federalists politicians state.

Losing vital security links with other European countries. why will this change? its the eu we are leaving not Europe, that's what many don't seem to get, just because we are not in the eu failed project doesn't mean we cut ties with Europe, our security forces are some of the ebst in the workld, far better than the atrocious Belgian and French, I don't think any politician has seriously suggested this cooperation will cease or is dependent on eu membership. its ridiculous if anyone pretends it is.

Not to mention the loss of EU development and research funds. what the reimbursement of our own money and having no choice where we spend it?

Everyone has the right to choose given a free vote, but seeing as how most people (of the 35% of people who do vote) do so with their wallet, I think they're shooting themselves in the foot.

If people are looking outside their windows, don't like what they see and want someone to blame, blame successive UK governments.
its new labours fault ultimately. people would have and have put up with loss of sovereignty... the immigration factor has tipped people over the edge.
Just leave it mate. Last time, you raised Apprenticeships, as if that was something that the UK couldn't have been doing all along, and nothing to do with the EU. And you're failing to see the price the UK will pay in so many ways. Think about it logically, not best case or worst case. Think about it from Europe's point of view. And there's the problem. You don't and you won't.

Good luck with that £350 million though. :wink:

Re: EU referendum - What will you vote?

Posted: Mon Jul 11, 2016 9:21 pm
by OneBardGooner
Kerrrchhhinggggg Och Aye :barscarf:

Re: EU referendum - What will you vote?

Posted: Mon Jul 11, 2016 10:10 pm
by the playing mantis
arseofacrow wrote:
the playing mantis wrote:
arseofacrow wrote:Pro EU parties have seen a rise in popularity in recent weeks. Many people here are against the Federalism but appreciate a more secure Europe. short term reactionary due to the pro eu media scaremongering on brexit. the dutch will go within a few years imo,and when le pen gets in the French probably will too.

Trade deals will still encompass much higher costs. proof?

Companies such as Vodafone will no longer head their European operations from the UK. proof?

Negotiations on any deals will be contingent on acceptance of immigrants. And not the cherry picking that some think will be possible. (I believe Germany have scored a massive own goal with it's recent policy on Syrian immigrants but that's a partly non EU issue and a different debate) how do you know for sure? various European politicians say this but its one of the key tenants that caused brexit. we are the biggest market for the eu, they want a deal that isn't going to hurt them and will give concessions where we want them. its in there own interests regardless of what certain federalists politicians state.

Losing vital security links with other European countries. why will this change? its the eu we are leaving not Europe, that's what many don't seem to get, just because we are not in the eu failed project doesn't mean we cut ties with Europe, our security forces are some of the ebst in the workld, far better than the atrocious Belgian and French, I don't think any politician has seriously suggested this cooperation will cease or is dependent on eu membership. its ridiculous if anyone pretends it is.

Not to mention the loss of EU development and research funds. what the reimbursement of our own money and having no choice where we spend it?

Everyone has the right to choose given a free vote, but seeing as how most people (of the 35% of people who do vote) do so with their wallet, I think they're shooting themselves in the foot.

If people are looking outside their windows, don't like what they see and want someone to blame, blame successive UK governments.
its new labours fault ultimately. people would have and have put up with loss of sovereignty... the immigration factor has tipped people over the edge.
Just leave it mate. Last time, you raised Apprenticeships, as if that was something that the UK couldn't have been doing all along, and nothing to do with the EU. And you're failing to see the price the UK will pay in so many ways. Think about it logically, not best case or worst case. Think about it from Europe's point of view. And there's the problem. You don't and you won't.

Good luck with that £350 million though. :wink:
leave what? i already won!

Re: EU referendum - What will you vote?

Posted: Mon Jul 11, 2016 10:21 pm
by the playing mantis
nut flush gooner wrote:
the playing mantis wrote:
nut flush gooner wrote:
the playing mantis wrote:why is being concerned about immigration levels racist?

ooo look the markets and CCY is down again, lets go quiet all the days it rose and jump on it when its dropped again. its what happens its not an inherently bad thing regarding the ex rate as it will boost exports, its artifical speculating causing this and big investors attempting to make killings as due to the media and chattering clases and london bubble some investors are being spooked.

there was always going to short term pain, once the media get bored things will get back to normal...

whats wrong with house prices going down? it will help young people get on the ladder and hopefully burst the ridiculous price bubble that exists. the losers will be people who have entiely invested in property, but more fool them im afraid. eggs and baskets spring to mind

if there is no brexit then there will be riots. the brexit majority would have been even bigger imo were it not for the tragic shooting of that mp (whats happened there btw, all gone very quiet on the guy who did it?)

i think may was a closet brexiter as she was anonymous in the remian campaign which is odd for such a senior minister.

this thread should be locked like the transfer thread as its done as is wenger
For the average man in the street what happens to the stock market only matters when it comes to thinking about taking retirement benefits from a pension.

With regards to currency, the £ has fallen to the levels predicted levels. This is what will cause the pain over the next few years, a lower £ means we have to pay more in the shops for our staples. It also means manufacturers costs increase because the raw materials that they use are priced in dollars again, so they have a choice either put prices up or lay people off.

I totally disagree with you about the vote, if anything a lot of people are now regretting to vote leave. If there was another referendum , given that vote leave blatantly lied and admitted it they wouldn't stand a chance.

Economists are already saying our GDP will be 1% lower next year as a result of Brexit. The only people that are happy now are those that still think we will be better off, but in reality haven't got a clue.
the CCY uncertainty was predicted in the short term and that's what's happened, once a new leader is in place things will normalise. regardless the massive boost to exports this gives needs to be considered to. The sort of manufacturers that are significantly impacted by price fluctuations in raw material proced in USD are those that would have already locked these in via long dated futures, so any potential impact on that will be a long way down the line and probably not at all once things normalise.


again the rest is mostly subjective. regarding peoples regretting voting leave that's an illusion of the media just playing to their agendas. ive not come across anyone who regrets voting leave. the sympathy and supposed 'guilt' driven by the death of the MP would undoubtedly have influenced certain types of undecided to vote remain. that's subjective yes but human nature suggests is highly likely
How do you know. Are you the chancellor of the exchequer by any chance? What is normalisation of our currency - it has fallen from $2 10 years ago to sub $1.30 today. Is normalisation $1.30, $1.50, $1 or some other figure plucked out of thin air?

The UK is a net importing country, that is why I keep making this point about our food/electricals and petrol costs going up. Yes in currency terms our goods that we export will appear cheaper, but as I have already pointed out unless we have free trade agreements it will be very difficult to barge in to sectors overseas when their governments will be protecting home grown industries by taxing and imposing tariffs on our exports. The EU will not give us a free trade agreement nor will China, India or the US unless we agree some concessions from our side. With the EU the big sticking point will be free movement of Labour.

By the way, your comment about futures contracts was so plucked out of something like google search it's funny. You can't hedge currency forever ;).
i could respond with redarmys tactic of just f off...to perfectly reasonable questions...

or state that last comment wasnt plucked out of google search at at all as its what i studied and do to a much lesser extent...im not talking about ccy hedges, im talking about commodity hedging (which i accept covers off an element of ex rate volatility by its nature but is aimed against real rather than notional (ie ex rate changes) in th price). and im not talking about forever. the majority of major investors (thinking airlines as a specific example) will have hedged commodities in fear of volatility after brexit long term. they dont need to keep hedging thats my point. things will equalise. and thats not even getting on to the actual fact we have very little manufacturing...!

as for the cost of things, food costs are predicted to come down...

Re: EU referendum - What will you vote?

Posted: Mon Jul 11, 2016 11:56 pm
by Chippy
Honestly mate. If you really did get a good degree from a good university could you please do us the favour of using capital letters, paragraphs and other grammar. We used to have a bloke on here called Augie who couldn't do it but is now a legend. :barscarf: