Brexit

[EL PRESIDENTE]

UK votes to leave the E.U.

Discuss.

 

[santeesioux]

Is this the start of the collapse of the EU? Is it Germany's fault?

 

[magnifier661]

Hellz yeah! Globalism is dying! Thank God!

I thought this tweet was pretty funny

 

[EL PRESIDENTE]

Is this the start of the collapse of the EU? Is it Germany's fault?

It was only a matter of time.

Germany's next.

 

[speeds]

Is this the start of the collapse of the EU? Is it Germany's fault?

If you are into currency trading the pound is at a lifetime low for most of us.

 

[EL PRESIDENTE]

If you are into currency trading the pound is at a lifetime low for most of us.

1.35

Euro is at 1.10

 

[EL PRESIDENTE]

Hellz yeah! Globalism is dying! Thank God!

I thought this tweet was pretty funny

 

[Denny Crane]

It was only a matter of time.

Germany's next.

No, Texas is next.

 

[SlyPokerDog]

 

[SlyPokerDog]

 

[EL PRESIDENTE]

Oh, it's gonna hurt.

This was inevitable and going to happen eventually. We could see a global meltdown. Negative interest rates. Anything to try and kick the can further.

 

[SlyPokerDog]

Britain has voted to leave the European Union, results from Thursday's referendum showed, a stunning repudiation of the nation's elites that deals the biggest blow to the European project of greater unity since World War Two.

World financial markets plunged as complete results showed a near 52-48 percent split for leaving. The vote created the biggest global financial shock since the 2008 economic crisis, this time with interest rates around the world already at or near zero, stripping policymakers of the means to fight it.

The pound suffered its biggest one-day fall in history, plunging more than 10 percent against the dollar to hit levels last seen in 1985. The chief ratings officer for Standard & Poor's told the Financial Times Britain's AAA credit rating was no longer tenable.

Futures trading predicted massive opening losses on share markets across Europe. Britain's FTSE futures and Germany's Dax futures fell about 9 percent. The euro zone's Euro Stoxx 50 futures sank more than 11 percent.

The vote will initiate at least two years of divorce proceedings with the EU and cast doubt on London's future as a global financial capital.

http://www.reuters.com/article/us-britain-eu-idUSKCN0Z902K

 

[EL PRESIDENTE]

Its gonna hurt for the UK initially but eventually they'll be better off.

 

[EL PRESIDENTE]

Cameron to resign....eventually.

 

[SlyPokerDog]

Cameron to stand down as PM after UK votes for Brexit

David Cameron is to stand down as prime minister after Britain voted to leave the EU in a referendum that has sent shockwaves across Europe and triggered financial market turmoil across the globe.

Mr Cameron said he would resign because Britain needed “fresh leadership” to take it in the new direction chosen by voters. The next Conservative party leader will be chosen by October, he added.

http://www.ft.com/cms/s/0/e404c2fc-3913-11e6-9a05-82a9b15a8ee7.html#axzz4CTqAUzmi

 

[EL PRESIDENTE]

Activate article 50

:MARIS61:

 

[riverman]

This hurt my IRA ...might be time to buy some British pounds

 

[EL PRESIDENTE]

This hurt my IRA ...might be time to buy some British pounds

Precious metals, son.

 

[BlazerDuckSeahawkFan94]

Activate article 50

:MARIS61:

Only after we execute Order 66!

 

[Denny Crane]

This hurt my IRA ...might be time to buy some British pounds

I recommended NLY stock a while back. barfo says he owns some. Well, it's up $.17/share today. Pays near 12% dividend, too. $.30/quarter at a $10.93/share stock price.

 

[Denny Crane]

Hellz yeah! Globalism is dying! Thank God!

I thought this tweet was pretty funny

The Brits' appetite for exit seems to foretell the US appetite for Trump. I saw an interview with one of the brexit folks and they sounded a lot like Trump. Anti immigrant, wall around the border, etc.

 

[barfo]

The Brits' appetite for exit seems to foretell the US appetite for Trump. I saw an interview with one of the brexit folks and they sounded a lot like Trump. Anti immigrant, wall around the border, etc.

Sadly, I agree with you on that. Perhaps the negative consequences of this type of thinking will be made obvious by November, but I don't count on Trump voters noticing or caring.

barfo

 

[UncleCliffy'sDaddy]

No, Texas is next.

Promise......??

 

[Denny Crane]

Promise......??

Funny thought I had the other day. If the South seceded, it would be as dirt poor as Mexico.

 

[jlprk]

Funny thought I had the other day. If the South seceded, it would be as dirt poor as Mexico.

I've only said that in about 10 different threads. The rest of the U.S. would then be a modern European country.

 

[barfo]

Headline: "The British are frantically Googling what the EU is, hours after voting to leave it"

barfo

 

[EL PRESIDENTE]

Funny thought I had the other day. If the South seceded, it would be as dirt poor as Mexico.

Gross.

 

[santeesioux]

So is now the time to go on Amazon UK and import a bunch of region free blu rays for way cheaper than our Amazon?

 

[drexlersdad]

Lucky bastards are on an island, they don't even have to build a wall!

 

[Minstrel]

This hurt my IRA ...might be time to buy some British pounds

I don't think this hurts the IRA at all--Ireland may want out of the UK, next, along with Scotland.