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  • After Brexit, get ready for a Breturn as Britain reverses course

    From marketwatch.com

    The pound is in free fall. The London stock market tanked for two days. Big banks are looking for offices in Frankfurt and Paris, and businesses have hunkered down in their bunkers and postponed making investments. And Facebook FB, +3.42% has been turned from a place to swap funny kitten videos into an arena for trench warfare between the outraged supporters of the EU and the die-hard Leave campaigners. To say the British have not taken last week’s vote to leave the European Union calmly would be the understatement of the century. A petition to hold a second referendum has hit close to four million signatures. ... (full story)

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  • Comment #1
  • Quote
  • Jun 29, 2016 4:56am Jun 29, 2016 4:56am
  •  The Fool
  • Joined Apr 2009 | Status: Live and learn. | 1422 Comments
omg Brexit is so over.
"If The Fool persists in his Folly he will become wise." - William Blake
 
 
  • Comment #2
  • Quote
  • Jun 29, 2016 5:08am Jun 29, 2016 5:08am
  •  paddlepip
  • | Joined Sep 2014 | Status: Member | 178 Comments
Quoting The Fool
Disliked
omg Brexit is so over.
Ignored
Agreed. So 90's. Like whatever.
Corripe Cervisiam!
 
 
  • Comment #3
  • Quote
  • Jun 29, 2016 5:09am Jun 29, 2016 5:09am
  •  Guest
  • | IP XXX.XXX.176.49
Quoting The Fool
Disliked
omg Brexit is so over.
Ignored
don't be ridiculous brexit is here to stay ,get over it.
 
 
  • Comment #4
  • Quote
  • Jun 29, 2016 5:11am Jun 29, 2016 5:11am
  •  barkie
  • | Joined Mar 2014 | Status: Member | 1647 Comments
What a farce where are the great british adventurers of the past.
 
 
  • Comment #5
  • Quote
  • Jun 29, 2016 5:12am Jun 29, 2016 5:12am
  •  Guest
  • | IP XXX.XXX.176.49
what an absolute load of rubbish ,ok so 4 million have voted for a revote what about the majority who voted to leave,this is all due to the knee jerk reaction of panic'ers.
 
 
  • Comment #6
  • Quote
  • Jun 29, 2016 5:21am Jun 29, 2016 5:21am
  •  realjumper
  • Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 536 Comments
" Polling shows that more than a million of the Leave voters regret their choice".... 'Polling' also showed that there would be no Brexit.....yet Brexit we have. So...STFU and move on......
Doing what you like is Freedom. Liking what you do is Happiness.
 
 
  • Comment #7
  • Quote
  • Jun 29, 2016 5:25am Jun 29, 2016 5:25am
  •  Guest
  • | IP XXX.XXX.176.49
Quoting realjumper
Disliked
" Polling shows that more than a million of the Leave voters regret their choice".... 'Polling' also showed that there would be no Brexit.....yet Brexit we have. So...STFU and move on......
Ignored
and we all know all about polls dont we in the run up to brexit ,not worth diddly squat.
 
 
  • Comment #8
  • Quote
  • Jun 29, 2016 5:29am Jun 29, 2016 5:29am
  •  Guest
  • | IP XXX.XX.208.5
this has become an old style Italian divorce.
 
 
  • Comment #9
  • Quote
  • Jun 29, 2016 5:31am Jun 29, 2016 5:31am
  •  Guest
  • | IP XX.XX.206.228
Where do these people get this junk from??!!! Like the other ex post facto we were right really"pronouncements from the other failed Remain backers...Everyone knows there'd be a little bit of turbulence,£ down,this and that bank unhappy,etc,etc etc,but to construct the we've-changed-our-mind scenario that soem of these people want is amazing...If the £ settles somewhere in late 1.30's and a few banks slim down this will be the first positive step towards rebalancing the economy all those politicians/vested interests have merrily talked about and know the country needs but they've never had the political will to deliver until a peasant's revolt forces it on them...
In answer to the last question,where are the great British adventurers of the past,the answer is don't worry,forget the media-instant-take hype,look longer term like a trader,Nelson has been recalled and the fleet will sail tonight(well after the Conservatives have their leadership election anyway and Dodgy Dave is no more),the British,the English/Welsh,etc at least know what they want and are not cast in the mind set of Vichyite collaborators with a failing undemocratic over-grown crypto-socialisty bureaucracy preaching its own self-survival religion only by now...!!!
 
 
  • Comment #10
  • Quote
  • Jun 29, 2016 5:49am Jun 29, 2016 5:49am
  •  bily.k
  • | Commercial Member | Joined Dec 2015 | 14 Comments
Polling by Soros???
 
 
  • Comment #11
  • Quote
  • Jun 29, 2016 6:28am Jun 29, 2016 6:28am
  •  Alex.C
  • | Joined May 2014 | Status: Member | 4 Comments
oh my god. Lets see what happens next
 
 
  • Comment #12
  • Quote
  • Jun 29, 2016 6:49am Jun 29, 2016 6:49am
  •  taxmanmt5
  • | Joined May 2014 | Status: Member | 7 Comments
Guess these Posts are made to make GBP move higher !

After such an act i dont think BR will not want to get in Euro once again !
 
 
  • Comment #13
  • Quote
  • Jun 29, 2016 7:01am Jun 29, 2016 7:01am
  •  Guest
  • | IP XX.XX.91.179
Their credibility is gone, and one day or another like bad relationship things will free fall again.
 
 
  • Comment #14
  • Quote
  • Jun 29, 2016 7:04am Jun 29, 2016 7:04am
  •  OnlineAddict
  • Joined May 2014 | Status: From $1 to Million | 2940 Comments | Online Now
LOL, UK is such a joke!
Everyone can see the chart, but only a few can actually read it.
From$1toMillion All Time Return: 19,837.0%
 
 
  • Comment #15
  • Quote
  • Jun 29, 2016 7:07am Jun 29, 2016 7:07am
  •  jimr
  • | Joined Aug 2014 | Status: Member | 146 Comments
Has Marketwatch got EU Bureaucrats writing their articles? Yes there will be fallout but keep calm and carry on. It will hurt the EU more than the UK it the long run.
 
 
  • Comment #16
  • Quote
  • Jun 29, 2016 7:12am Jun 29, 2016 7:12am
  •  cliffedwards
  • | Membership Revoked | Joined May 2006 | 3078 Comments
Quoting jimr
Disliked
Has Marketwatch got EU Bureaucrats writing their articles? Yes there will be fallout but keep calm and carry on. It will hurt the EU more than the UK it the long run.
Ignored
Oh good.. Brexits screwed everybody!
I feel better now.
Dont you?
 
 
  • Comment #17
  • Quote
  • Jun 29, 2016 7:51am Jun 29, 2016 7:51am
  •  comapip
  • | Joined Mar 2010 | Status: Member | 2 Comments
First someone will have to actually invoke article 50 to start any negotiations. Until then UK remains a member of the EU.
And Cameron doesn't want to do it, leaving that task to the new PM. So that is delayed at least until October.
Who knows what happens until then? But most people seem to agree that UK will try to retain access to the EU market which comes with a lot of things brexiters don't like.
 
 
  • Comment #18
  • Quote
  • Jun 29, 2016 7:52am Jun 29, 2016 7:52am
  •  realjumper
  • Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 536 Comments
Quoting OnlineAddict
Disliked
LOL, UK is such a joke!
Ignored
Your own presidential candidates are the real joke.....
Doing what you like is Freedom. Liking what you do is Happiness.
 
 
  • Comment #19
  • Quote
  • Jun 29, 2016 7:53am Jun 29, 2016 7:53am
  •  PipMaxzz
  • | Joined Jan 2010 | Status: Member | 190 Comments
Cameron and the commons are very clear....they are all discussing aftermath of Brexit. There is no going back!

But, look guys, who decided to leave? It's not EU, it's the UK. So EU is not responsible to solve UK problems. Now UK is on its own to fight it's market situation, its immigration issues and its internal separation cries!!
 
 
  • Comment #20
  • Quote
  • Jun 29, 2016 8:20am Jun 29, 2016 8:20am
  •  Yossuan
  • | Joined Aug 2014 | Status: Member | 245 Comments
I guess after this ringside there gonna be BREMAIN.
 
 
  • Comment #21
  • Quote
  • Jun 29, 2016 8:31am Jun 29, 2016 8:31am
  •  OnlineAddict
  • Joined May 2014 | Status: From $1 to Million | 2940 Comments | Online Now
Quoting realjumper
Disliked
Your own presidential candidates are the real joke.....
Ignored
LOL I am not american, sadly, I am European and not proud of it.
Everyone can see the chart, but only a few can actually read it.
From$1toMillion All Time Return: 19,837.0%
 
 
  • Comment #22
  • Quote
  • Jun 29, 2016 8:31am Jun 29, 2016 8:31am
  •  Guest
  • | IP XXX.XXX.101.151
here's a prediction: we are never gonna hear the end of this damn brexit story. as traders we all know what "kick the can down the road" means. this is gonna be worse, and it's clear that the media have got their teeth into this bone. the speculation about what's gonna happen is going to be UNREAL.
 
 
  • Comment #23
  • Quote
  • Jun 29, 2016 8:35am Jun 29, 2016 8:35am
  •  ayngel
  • | Joined Oct 2007 | Status: Member | 8 Comments
BAD LOSERS !!
 
 
  • Comment #24
  • Quote
  • Jun 29, 2016 8:37am Jun 29, 2016 8:37am
  •  kenleander
  • | Joined Aug 2010 | Status: Member | 707 Comments
Quoting cliffedwards
Disliked
Oh good.. Brexits screwed everybody!
I feel better now.
Dont you?
Ignored
The Germans pushed them out. The Brexiteers saw the writing on the wall and decided it was time to establish their own production base. It was time. And it was forward thinking.

The USA didn't want the polarization of Europe. But there is nothing we can do about it now. And we're not about to learn German. So the Brits didn't leave empty handed. They left with a superpower in their hip pocket.

Germans have been and apparently always will be strategy morons. Let's see if Germany can stop the Russian Bear from reclaiming Ukraine, Poland, and Georgia. Because the USA is getting really tired of herding European cats. We're ready for a break.
 
 
  • Comment #25
  • Quote
  • Jun 29, 2016 8:49am Jun 29, 2016 8:49am
  •  nbfx
  • | Joined Oct 2010 | Status: Member | 1481 Comments
Quoting kenleander
Disliked
the USA is getting really tired of herding European cats. We're ready for a break.
Ignored
- I like that. Can I borrow that phrase please?
 
 
  • Comment #26
  • Quote
  • Edited 9:01am Jun 29, 2016 8:49am | Edited 9:01am
  •  cliffedwards
  • | Membership Revoked | Joined May 2006 | 3078 Comments
Quoting kenleander
Disliked
Germans have been and apparently always will be strategy morons. Let's see if Germany can stop the Russian Bear from reclaiming Ukraine,...
Ignored
Sounds a reasonable point.
But a deployment of about 60,000 in Europe is hardly excessive for the world only superpower.? I dont know about these things.. but the last two times Germany geared up its military.. didnt end well?
 
 
  • Comment #27
  • Quote
  • Jun 29, 2016 8:51am Jun 29, 2016 8:51am
  •  glenngie
  • | Joined Nov 2009 | Status: Member | 1308 Comments
Quoting Guest
Disliked
here's a prediction: we are never gonna hear the end of this damn brexit story. as traders we all know what "kick the can down the road" means. this is gonna be worse, and it's clear that the media have got their teeth into this bone. the speculation about what's gonna happen is going to be UNREAL.
Ignored
true now sadly every term about leaving or remaining anywhere in the world will end with either "exit" or "remain" Grexit, Gremain, Frexit, etc....... it will get old real fast
 
 
  • Comment #28
  • Quote
  • Jun 29, 2016 8:56am Jun 29, 2016 8:56am
  •  NewtonsCash
  • Joined Mar 2014 | Status: Member | 2580 Comments
Rubbish, Brexit won, get over it
 
 
  • Comment #29
  • Quote
  • Jun 29, 2016 9:01am Jun 29, 2016 9:01am
  •  kenleander
  • | Joined Aug 2010 | Status: Member | 707 Comments
Quoting cliffedwards
Disliked
Sounds a reasonable point.
But a deployment of about 60,000 in Europe is hardly excessive for the world only superpower.? I dont know about these things
Ignored
Apparently you don't. Overrun 60,000 American troops and the shit really hits the fan. Those are our boys so that would make 315 million Americans hopping mad! It would bring forth the full power of the US military and all our military production capacity (which is sizable) to bear. In chess, it's like a pawn gambit. Touch it and die.
 
 
  • Comment #30
  • Quote
  • Jun 29, 2016 9:05am Jun 29, 2016 9:05am
  •  Philforex
  • | Joined Oct 2010 | Status: Member | 35 Comments
Referendum is just a stupid thing as we all know the majority of people is always wrong.. I will be not surprised if a mega manipulation by the banks happens this weeK.
 
 
  • Comment #31
  • Quote
  • Jun 29, 2016 9:11am Jun 29, 2016 9:11am
  •  cliffedwards
  • | Membership Revoked | Joined May 2006 | 3078 Comments
Quoting kenleander
Disliked
Apparently you don't. Overrun 60,000 American troops and the shit really hits the fan. Those are our boys so that would make 315 million Americans hopping mad! It would bring forth the full power of the US military and all our military production capacity (which is sizable) to bear. In chess, it's like a pawn gambit. Touch it and die.
Ignored
Take your point.. But following thru your logic.. I assume the Russians know this..
And what you describe.. iS the deterrent?
so anything Germany can field as an indidual country is a bit irrelevant?
Anyway isnt all this dealt with in NATO, and not in the EU?
 
 
  • Comment #32
  • Quote
  • Jun 29, 2016 9:13am Jun 29, 2016 9:13am
  •  Devauxt
  • | Membership Revoked | Joined Feb 2013 | 2019 Comments
Quoting Philforex
Disliked
Referendum is just a stupid thing as we all know the majority of people is always wrong.. I will be not surprised if a mega manipulation by the banks happens this weeK.
Ignored
Why was it a stupid thing?
 
 
  • Comment #33
  • Quote
  • Jun 29, 2016 9:14am Jun 29, 2016 9:14am
  •  nbfx
  • | Joined Oct 2010 | Status: Member | 1481 Comments
Exactly. And Nato's remit is unchanged.
 
 
  • Comment #34
  • Quote
  • Jun 29, 2016 9:18am Jun 29, 2016 9:18am
  •  Devauxt
  • | Membership Revoked | Joined Feb 2013 | 2019 Comments
Quoting Guest
Disliked
.............where are the great British adventurers of the past,the answer is don't worry,forget the media-instant-take hype,look longer term like a trader,Nelson has been recalled and the fleet will sail tonight(well after the Conservatives have their leadership election anyway and Dodgy Dave is no more),the British,the English/Welsh,etc at least know what they want and are not cast in the mind set of Vichyite collaborators with a failing undemocratic over-grown crypto-socialisty bureaucracy preaching its own self-survival religion only by now...!!!...
Ignored
A mouthful, but true
 
 
  • Comment #35
  • Quote
  • Jun 29, 2016 9:23am Jun 29, 2016 9:23am
  •  mrhigurashi
  • | Joined Mar 2015 | Status: On Probation | 226 Comments
Like when you leave the perfect partner for a bit of fun on the side, then when you decide to go back with them your not wanted anymore. Sorry, ive moved on!
 
 
  • Comment #36
  • Quote
  • Jun 29, 2016 9:34am Jun 29, 2016 9:34am
  •  MaverickCT
  • | Joined Jan 2011 | Status: Member | 363 Comments
So the comfort zone has been shaken a bit - and there is a lot of work to be done to renegotiate all the agreements but with a probable export improvement if the pound does not recover too quickly i seem to think we will see a "Brecover and Prosper"
 
 
  • Comment #37
  • Quote
  • Jun 29, 2016 9:38am Jun 29, 2016 9:38am
  •  forexings
  • | Joined Sep 2009 | Status: Membership Revokеd | 609 Comments
"Polling shows that more than a million of the Leave voters regret their choice." How did they know if they are leave voters? This is so funny.
Are they too dumb to understand the consequence of brexit before voting? If i could I would slap them for playing with country's affair, if you mistaken you will suffer and that must be final. Otherwise more and more country will follow this kind of joke. First leave then remain. Just like laughing stock greece.
You cannot learn better without losing
 
 
  • Comment #38
  • Quote
  • Jun 29, 2016 9:41am Jun 29, 2016 9:41am
  •  kenleander
  • | Joined Aug 2010 | Status: Member | 707 Comments
Quoting cliffedwards
Disliked
Take your point.. But following thru your logic.. I assume the Russians know this..
And what you describe.. iS the deterrent?
so anything Germany can field as an indidual country is a bit irrelevant?
Anyway isnt all this dealt with in NATO, and not in the EU?
Ignored
You're assuming American future participation in Nato? What the hell do we get out of it? When the USA called Article 5 in Afghanistan, what was the German response?

Europeans have become far too reliant on American forces. It's time Europeans grew up and took responsibility for their own defense. We have other concerns.
 
 
  • Comment #39
  • Quote
  • Jun 29, 2016 9:41am Jun 29, 2016 9:41am
  •  willf
  • | Joined May 2006 | Status: Yipppppppeeeeee ! | 87 Comments
Marketwatch talking out of their 'arris' as usual. Brexit is here, we will be leaving as will Scotland, Wales & N. Ireland. Everything else regards deals, immigration and devolution is speculation. Deal or no deal either way we are outa here!
 
 
  • Comment #40
  • Quote
  • Jun 29, 2016 9:42am Jun 29, 2016 9:42am
  •  cliffedwards
  • | Membership Revoked | Joined May 2006 | 3078 Comments
Quoting forexings
Disliked
" Otherwise more and more country will follow this kind of joke. First leave then remain. Just like laughing stock greece.
Ignored
And those other laughing stocks.. Ireland and Denmark?
 
 
  • Comment #41
  • Quote
  • Jun 29, 2016 9:45am Jun 29, 2016 9:45am
  •  Devauxt
  • | Membership Revoked | Joined Feb 2013 | 2019 Comments
Quoting kenleander
Disliked
You're assuming American future participation in Nato? What the hell do we get out of it? When the USA called Article 5 in Afghanistan, what was the German response?

Europeans have become far too reliant on American forces. It's time Europeans grew up and took responsibility for their own defense.
Ignored
This is just the EU talking itself up into a Superstate. Creating excuses as to why it needs an EU army
 
 
  • Comment #42
  • Quote
  • Jun 29, 2016 9:49am Jun 29, 2016 9:49am
  •  nbfx
  • | Joined Oct 2010 | Status: Member | 1481 Comments
Quoting forexings
Disliked
Otherwise more and more country will follow this kind of joke. First leave then remain. Just like laughing stock greece.
Ignored
If you think it so good why don't you entreaty Norway to join the EU rather than just trade with it? not so funny now huh?
 
 
  • Comment #43
  • Quote
  • Jun 29, 2016 9:57am Jun 29, 2016 9:57am
  •  takytto
  • | Commercial Member | Joined Jan 2013 | 511 Comments
market will eat brexit and will fall background prepare briefs on SP500 sign 2122 2123 sell sell sell
 
 
  • Comment #44
  • Quote
  • Jun 29, 2016 10:02am Jun 29, 2016 10:02am
  •  cliffedwards
  • | Membership Revoked | Joined May 2006 | 3078 Comments
Given the dynamic nature of politics.. Action/Reaction..

Be ironic if the European political repercussions of Brexit, changed the development path of the EU away from its alleged Superstate vision and towards a more simpler model?
UK would in 5 years find an EU that much more closely coincided with ITs vision.

But Outside.. LoL
 
 
  • Comment #45
  • Quote
  • Jun 29, 2016 10:03am Jun 29, 2016 10:03am
  •  Nick.
  • Joined May 2013 | Status: Member | 882 Comments
https://uk.finance.yahoo.com/news/branson-says-virgin-group-loses-102714237.html
 
 
  • Comment #46
  • Quote
  • Edited 10:18am Jun 29, 2016 10:06am | Edited 10:18am
  •  kenleander
  • | Joined Aug 2010 | Status: Member | 707 Comments
Quoting Devauxt
Disliked
This is just the EU talking itself up into a Superstate. Creating excuses as to why it needs an EU army
Ignored
As an American, I don't really give a damn about what Europeans are talking themselves into. I just know that it is too expensive to keep a standing US Army in Europe. It is likely the US will elect an isolationist POTUS because we just can't afford to support juvenile Europe any longer. When you see Russian tanks roll into Ukraine, Poland, and Georgia with the USA not responding at all, I guess that will be your wake up call. Until then, bicker amongst yourselves because we really have better things to do.
 
 
  • Comment #47
  • Quote
  • Jun 29, 2016 10:07am Jun 29, 2016 10:07am
  •  jen101
  • | Membership Revoked | Joined Aug 2012 | 731 Comments
Quoting Guest
Disliked
what an absolute load of rubbish ,ok so 4 million have voted for a revote what about the majority who voted to leave,this is all due to the knee jerk reaction of panic'ers.
Ignored
Those signatures were mostly fraudulent. They were hackers.
http://www.dailymail.co.uk/news/article-3662545/How-hackers-hijacked-petition-demanding-second-EU-referendum-mocked-British-democracy-signing-42-000-signatories-Vatican-City-population-840.html
 
 
  • Comment #48
  • Quote
  • Jun 29, 2016 10:22am Jun 29, 2016 10:22am
  •  Devauxt
  • | Membership Revoked | Joined Feb 2013 | 2019 Comments
Quoting cliffedwards
Disliked
Given the dynamic nature of politics.. Action/Reaction..

Be ironic if the European political repercussions of Brexit, changed the development path of the EU away from its alleged Superstate vision and towards a more simpler model?
UK would in 5 years find an EU that much more closely coincided with ITs vision.

But Outside.. LoL
Ignored
It would indeed be ironic. However, if that indeed happens, it will not have done so without the Brexit, such is the arrogance of the EU.
 
 
  • Comment #49
  • Quote
  • Jun 29, 2016 10:25am Jun 29, 2016 10:25am
  •  cliffedwards
  • | Membership Revoked | Joined May 2006 | 3078 Comments
Quoting kenleander
Disliked
As an American, I don't really give a damn about what Europeans are talking themselves into. I just know that is too expensive to keep a standing US Army in Europe. It is likely the US will elect an isolationist POTUS because we just can't afford to support juvenile Europe any longer. When you see Russian tanks roll into Ukraine, Poland, and Georgia with the USA not responding at all, I guess that will be your wake up call. Until then, bicker amongst yourselves because we really have better things to do.
Ignored
What are you talking about? Im not arguing with you.. LoL
But all to do with NATO not EU, which is what I thought we were discussing?
As I understand it, its NATO deployment a central pillar of US strategy based on "Projection of Power" and "Safeguarding Strategic Interests"?
Same as why US has over 50000 in Japan?
 
 
  • Comment #50
  • Quote
  • Jun 29, 2016 10:25am Jun 29, 2016 10:25am
  •  barkie
  • | Joined Mar 2014 | Status: Member | 1647 Comments
Quoting kenleander
Disliked
As an American, I don't really give a damn about what Europeans are talking themselves into. I just know that it is too expensive to keep a standing US Army in Europe. It is likely the US will elect an isolationist POTUS because we just can't afford to support juvenile Europe any longer. When you see Russian tanks roll into Ukraine, Poland, and Georgia with the USA not responding at all, I guess that will be your wake up call. Until then, bicker amongst yourselves because we really have better things to do.
Ignored
Well, tanks rolled into Ukraine and Georgia. Putin even annexed parts of these countries.
No military response from the USA. So what's new ?
 
 
  • Comment #51
  • Quote
  • Jun 29, 2016 10:25am Jun 29, 2016 10:25am
  •  Devauxt
  • | Membership Revoked | Joined Feb 2013 | 2019 Comments
Quoting kenleander
Disliked
As an American, I don't really give a damn about what Europeans are talking themselves into. I just know that it is too expensive to keep a standing US Army in Europe. It is likely the US will elect an isolationist POTUS because we just can't afford to support juvenile Europe any longer. When you see Russian tanks roll into Ukraine, Poland, and Georgia with the USA not responding at all, I guess that will be your wake up call. Until then, bicker amongst yourselves because we really have better things to do.
Ignored
I understand the sentiment, but I doubt that the USA will ever be able to relinquish its fight against tyranny, terrorism and communism
 
 
  • Comment #52
  • Quote
  • Jun 29, 2016 10:28am Jun 29, 2016 10:28am
  •  Devauxt
  • | Membership Revoked | Joined Feb 2013 | 2019 Comments
Quoting barkie
Disliked
Well, tanks rolled into Ukraine and Georgia. Putin even annexed parts of these countries.
No military response from the USA. So what's new ?
Ignored
The Netherlands arse was saved by the allies in WW2 due in no small part to the USA. So why don't you put a sock in it. If memory serves me right the Dutch gave in to Hitler after 5 days
 
 
  • Comment #53
  • Quote
  • Jun 29, 2016 10:33am Jun 29, 2016 10:33am
  •  cliffedwards
  • | Membership Revoked | Joined May 2006 | 3078 Comments
Quoting Devauxt
Disliked
The Netherlands arse was saved by the allies in WW2 due in no small part to the USA. So why don't you put a sock in it. If memory serves me right the Dutch gave in to Hitler after 5 days
Ignored
Are you pathologically angry and abusive or are you just having a bad Hair Day? LoL
 
 
  • Comment #54
  • Quote
  • Jun 29, 2016 10:36am Jun 29, 2016 10:36am
  •  Devauxt
  • | Membership Revoked | Joined Feb 2013 | 2019 Comments
Quoting cliffedwards
Disliked
Are you pathologically angry and abusive or are you just having a bad Hair Day? LoL
Ignored
You know me. There are some days when I need a reasoned argument and there are some days when the truth needs to be told. Today, both were required
 
 
  • Comment #55
  • Quote
  • Jun 29, 2016 10:39am Jun 29, 2016 10:39am
  •  kenleander
  • | Joined Aug 2010 | Status: Member | 707 Comments
Quoting Devauxt
Disliked
I understand the sentiment, but I doubt that the USA will ever be able to relinquish its fight against tyranny, terrorism and communism
Ignored
You're confusing us with Superman. We're not Superman. Have you seen our Treasury budget balance sheet?

Deficits in millions:
Reagan $1,318,311
Bush one $985,151
Clinton $203,263
Bush two $2,333,910
Obama $6,826,062

Europeans better wake up and listen for the USA leaving. That day is coming.
 
 
  • Comment #56
  • Quote
  • Jun 29, 2016 10:48am Jun 29, 2016 10:48am
  •  frx_trader
  • | Joined Jun 2012 | Status: Analyst | 3129 Comments
Brexit hurts EU more than it hurts Britain.
 
 
  • Comment #57
  • Quote
  • Jun 29, 2016 10:49am Jun 29, 2016 10:49am
  •  Devauxt
  • | Membership Revoked | Joined Feb 2013 | 2019 Comments
Quoting kenleander
Disliked
You're confusing us with Superman. We're not Superman. Have you seen our Treasury budget balance sheet?

Deficits in millions:
Reagan $1,318,311
Bush one $985,151
Clinton $203,263
Bush two $2,333,910
Obama $6,826,062

Europeans better wake up and listen for the USA leaving. That day is coming.
Ignored
No need to tell me, you need to tell those in power. I suspect that the Superman outfit has been the preferred night time attire of most recent US presidents. Lol
 
 
  • Comment #58
  • Quote
  • Jun 29, 2016 10:57am Jun 29, 2016 10:57am
  •  barkie
  • | Joined Mar 2014 | Status: Member | 1647 Comments
Quoting Devauxt
Disliked
The Netherlands arse was saved by the allies in WW2 due in no small part to the USA. So why don't you put a sock in it. If memory serves me right the Dutch gave in to Hitler after 5 days
Ignored
Actually, for 5 days we gave Germany a vicious beating, Germans still talk about the heroic dutch warriors.

But times have changed, unfortunately the Anglo-saxon world is kind of bankrupt, so let's create an European army. Germany should lead this so action guaranteed.
 
 
  • Comment #59
  • Quote
  • Jun 29, 2016 10:59am Jun 29, 2016 10:59am
  •  kenleander
  • | Joined Aug 2010 | Status: Member | 707 Comments
Quoting Devauxt
Disliked
No need to tell me, you need to tell those in power. I suspect that the Superman outfit has been the preferred night time attire of most recent US presidents. Lol
Ignored
I don't need to tell anyone. The facts speak for themselves. POTUS can dress up anyway he likes, but real troops require real paychecks. We can accomplish a lot more by investing in scientific research rather than babysitting Europeans. We still believe in the future, we just don't believe there is a future in babysitting.
 
 
  • Comment #60
  • Quote
  • Jun 29, 2016 11:09am Jun 29, 2016 11:09am
  •  Devauxt
  • | Membership Revoked | Joined Feb 2013 | 2019 Comments
Quoting barkie
Disliked
Actually, for 5 days we gave Germany a vicious beating, Germans still talk about the heroic dutch warriors.

But times have changed, unfortunately the Anglo-saxon world is kind of bankrupt, so let's create an European army. Germany should lead this so action guaranteed.
Ignored
I choose not to respond to this in light of cliffedwards comments earlier
 
 
  • Comment #61
  • Quote
  • Jun 29, 2016 11:14am Jun 29, 2016 11:14am
  •  cliffedwards
  • | Membership Revoked | Joined May 2006 | 3078 Comments
Quoting kenleander
Disliked
I don't need to tell anyone. The facts speak for themselves. POTUS can dress up anyway he likes, but real troops require real paychecks. We can accomplish a lot more by investing in scientific research rather than babysitting Europeans. We still believe in the future, we just don't believe there is a future in babysitting.
Ignored
I think youre on the wrong website..
This one isnt about US military policy.
 
 
  • Comment #62
  • Quote
  • Jun 29, 2016 11:14am Jun 29, 2016 11:14am
  •  MaverickCT
  • | Joined Jan 2011 | Status: Member | 363 Comments
Quoting barkie
Disliked
so let's create an European army. Germany should lead this so action guaranteed.
Ignored
Given the German expansionist approach of WWII and there handling of the EU I would say it might not be such a wise approach
 
 
  • Comment #63
  • Quote
  • Jun 29, 2016 11:15am Jun 29, 2016 11:15am
  •  Devauxt
  • | Membership Revoked | Joined Feb 2013 | 2019 Comments
Quoting MaverickCT
Disliked
Given the German expansionist approach of WWII and there handling of the EU I would say it might not be such a wise approach
Ignored
The Germans have yet to return their bicycles
 
 
  • Comment #64
  • Quote
  • Jun 29, 2016 12:22pm Jun 29, 2016 12:22pm
  •  kenleander
  • | Joined Aug 2010 | Status: Member | 707 Comments
Quoting cliffedwards
Disliked
I think youre on the wrong website..
This one isnt about US military policy.
Ignored
Eventual US military withdrawal from Europe is extremely relevant to the Brexit decision. It means that the British cost of providing a military umbrella for all of Europe has to be considered. And the political structure to coordinate that has to be in place. Apparently it is NOT or the EU nations would have begged the Brits to stay in. As I implied earlier, obviously the Germans couldn't strategize their way out of a paper bag. At any rate, it's all going to be your problem. The USA is packing its bags. And I showed you why.
 
 
  • Comment #65
  • Quote
  • Jun 29, 2016 12:23pm Jun 29, 2016 12:23pm
  •  Tony112
  • Joined Apr 2008 | Status: sometimes... news come unexpected | 2450 Comments
Jumping from 1 building to another. I'll jump - no I shouldn't. No, I should, no I can't. Yes I can. No I won't make it. I'll do it! No I can't. I'm doing it 1.2.3. Go! NO I can't I wanna go back, not enough speed. Hits wall, falls down between 2 buildings. Stop living in the past and start building a brand new future for our kids. It's not good to go back in life.
Invest in alarm clocks
 
 
  • Comment #66
  • Quote
  • Jun 29, 2016 12:37pm Jun 29, 2016 12:37pm
  •  RisklessPips
  • | Joined Feb 2016 | Status: Member | 68 Comments
Quoting kenleander
Disliked
As an American, I don't really give a damn about what Europeans are talking themselves into. I just know that it is too expensive to keep a standing US Army in Europe. It is likely the US will elect an isolationist POTUS because we just can't afford to support juvenile Europe any longer. When you see Russian tanks roll into Ukraine, Poland, and Georgia with the USA not responding at all, I guess that will be your wake up call. Until then, bicker amongst yourselves because we really have better things to do.
Ignored
Naive geopolitics methinks. But what do you expect from a national of a major country where most people don't even have a passport.
 
 
  • Comment #67
  • Quote
  • Jun 29, 2016 12:54pm Jun 29, 2016 12:54pm
  •  kenleander
  • | Joined Aug 2010 | Status: Member | 707 Comments
Quoting RisklessPips
Disliked
Naive geopolitics methinks. But what do you expect from a national of a major country where most people don't even have a passport.
Ignored
You cast a wide net, but you missed. I have a passport. I've been to Europe.

And yeah, most Americans are working too hard to afford a long vacation and head to Europe. Because they have to pay the taxes to pay for a standing US army in Europe that Europeans don't want to pay for themselves. So go ahead big mouth, tell us why you think Americans are all so parochial and stupid that they can't understand lofty European ideas.
 
 
  • Comment #68
  • Quote
  • Edited 2:09pm Jun 29, 2016 1:02pm | Edited 2:09pm
  •  cliffedwards
  • | Membership Revoked | Joined May 2006 | 3078 Comments
Quoting kenleander
Disliked
Eventual US military withdrawal from Europe is extremely relevant to the Brexit decision. It means that the British cost of providing a military umbrella for all of Europe has to be considered. And the political structure to coordinate that has to be in place. Apparently it is NOT or the EU nations would have begged the Brits to stay in. As I implied earlier, obviously the Germans couldn't strategize their way out of a paper bag. At any rate, it's all going to be your problem. The USA is packing it's bags. And I showed you why.
Ignored
UK? providing a a military umbrella for all of Europe? What?

France, alone, is a nuclear power (300 warheads compared with 200 for UK) and with almost quarter of a million men under arms, (again more than UK).
European Countries have over 1.5 million men under arms with a local theater focus only? (US in 2013 - had 1,369,532 +800,00 reserves) with a commitment to Global power projection) But bandying about military figures is of no interest to our focus here.

This is NOT even remotely an Brexit or EU issue?
European theater defense and containment of Russian expansionism is a NATO issue.
N A T O? Which includes the US Canada and Turkey as well as MOST of European countries, specifically excluding European neutral nations, lke Switzerland Sweden and Ireland? Claro?

Nothing to do with EU.
So Im done here on this.

PS..as to the US packing its bags and going home is simply not possible.
Projection of military power goes hand in hand with economic interests and projection of economic power. The US is the world biggest economy. Without military power projection it cannot sustain that position. The two go hand in hand. Real-Politik!
and we havent even touched on the role or power and influence of the Industrial Military Complex in the US.???
 
 
  • Comment #69
  • Quote
  • Jun 29, 2016 1:18pm Jun 29, 2016 1:18pm
  •  cliffedwards
  • | Membership Revoked | Joined May 2006 | 3078 Comments
Quoting kenleander
Disliked
You cast a wide net, but you missed. I have a passport. I've been to Europe.

And yeah, most Americans are working too hard to afford a long vacation and head to Europe. Because they have to pay the taxes to pay for a standing US army in Europe that Europeans don't want to pay for themselves. So go ahead big mouth, tell us why you think Americans are all so parochial and stupid that they can't understand lofty European ideas.
Ignored
And you are a Republican? yes/no?
If so you are a Rare breed. 90% of Americans Ive ever met abroad have been Democrats. LoL
 
 
  • Comment #70
  • Quote
  • Edited 2:35pm Jun 29, 2016 2:21pm | Edited 2:35pm
  •  CoolJL
  • | Joined May 2011 | Status: Member | 811 Comments
I say forget negotiating with EU first, make deals with rest of the world then go and negotiate with EU.
 
 
  • Comment #71
  • Quote
  • Edited Jun 30, 2016 3:53am Jun 29, 2016 2:43pm | Edited Jun 30, 2016 3:53am
  •  cliffedwards
  • | Membership Revoked | Joined May 2006 | 3078 Comments
Quoting CoolJL
Disliked
I say forget negotiating with EU first, make deals with the rest of the world first and then go and negotiate with EU.
Ignored
IMHO not a good idea.
Much of the nitty gritty in trade deals is not about tariffs its about standards and
Non tariff barriers. Thats why they take so long to negotiate?? The UK as a result of its current EU membership already complies will all relevant EU trade/product standards so issues simpler... ie mostly access and tarriffs.
Services area bit trickier. However conversely that also makes it easier for UK to make deals with other states that EU already has trade deals with, depending on the extent of standard convergence already agreed in those pre-existing deals.

Incidentally This standards issue is the real reason for all those pesky the "Brussels regulations".. which the uninitiated take so much exception to, which in so many cases are actually internal market standards agreements agreed BETWEEN the member States.. and only administered by Brussels?? Capiche?
 
 
  • Comment #72
  • Quote
  • Jun 29, 2016 3:00pm Jun 29, 2016 3:00pm
  •  gandolf13
  • | Joined May 2015 | Status: Member | 480 Comments
Quoting CoolJL
Disliked
I say forget negotiating with EU first, make deals with rest of the world then go and negotiate with EU.
Ignored
Makes more sense than trying to negotiate with the EU that has already stated that freedom of movement of people is non-negotiable.
I would even invoke article 50 now as the EU wants, in doing so the pressure is off the UK and on the EU due to the up coming German and French elections.
Start immediately to redress our laws, foreign policy, trade policies and domestic taxation.
As for this problem with the city of London financial sector unable to deal in Euro's why?
Does everyone in the world who deals in Euro's have an EU agreement to do so?
 
 
  • Comment #73
  • Quote
  • Jun 29, 2016 3:09pm Jun 29, 2016 3:09pm
  •  gandolf13
  • | Joined May 2015 | Status: Member | 480 Comments
Quoting cliffedwards
Disliked
IMHO not a good idea.
Much of the nitty gritty in trade deals is not about tariffs its about standards.
Non monetary barriers. Thats why they take so long to negotiate?? The UK as a result of its current EU membership already complies will all relevant EU trade/product standards so issues simpler... ie mostly access and tarriffs.
Services area bit trickier. However conversely that also makes it easier for UK to make deals with other states that EU already has trade deals with, depending on the extent of standard convergence already agreed...
Ignored
So what is the problem, if the EU firms wish to deal with us we can as we already do use their regulations, these regulations could still be used for trades outside the EU should the be required.
 
 
  • Comment #74
  • Quote
  • Jun 29, 2016 3:11pm Jun 29, 2016 3:11pm
  •  CoolJL
  • | Joined May 2011 | Status: Member | 811 Comments
Quoting cliffedwards
Disliked
IMHO not a good idea.
Much of the nitty gritty in trade deals is not about tariffs its about standards.
Non monetary barriers. Thats why they take so long to negotiate?? The UK as a result of its current EU membership already complies will all relevant EU trade/product standards so issues simpler... ie mostly access and tarriffs.
Services area bit trickier. However conversely that also makes it easier for UK to make deals with other states that EU already has trade deals with, depending on the extent of standard convergence already agreed...
Ignored
You are saying these thing take long because it needs to comply with Standard set by brussels. I don't see the point, UK will be out of EU, can do away with whole load of over regulation from Brussels, at the same time can also use Eu standards as a guideline.
 
 
  • Comment #75
  • Quote
  • Jun 29, 2016 6:19pm Jun 29, 2016 6:19pm
  •  bear123
  • | Joined Jun 2016 | Status: Junior Member | 1 Comment
I'm seeing things little differently and think there are two lessons to be learn from Brexit.

First lesson is that Cameron should not mess with hungry pensioners.
Second is that London City should not make pensioners pay for crisis because they can backfire.
 
 
  • Comment #76
  • Quote
  • Jun 29, 2016 6:46pm Jun 29, 2016 6:46pm
  •  CoolJL
  • | Joined May 2011 | Status: Member | 811 Comments
Quoting gandolf13
Disliked
Makes more sense than trying to negotiate with the EU that has already stated that freedom of movement of people is non-negotiable.
I would even invoke article 50 now as the EU wants, in doing so the pressure is off the UK and on the EU due to the up coming German and French elections.
Start immediately to redress our laws, foreign policy, trade policies and domestic taxation.
As for this problem with the city of London financial sector unable to deal in Euro's why?
Does everyone in the world who deals in Euro's have an EU agreement to do so?...
Ignored
I'd like to have seen Cameron invoke the article 50 but it was absolutely clear that there were no plans in case of Brexit, this is most clearly seen on Boris Johnsons face, he didn't know whether to celebrate or cry.

With all the attempts at bullying from EU we are seeing their true faces come to light in public, every member country should pay close attention to what happens during Brexit, because we will get to see what EU is really about. Only messages they are conveying at the moment is that, if you want to get out of EU we'll do our best to ruin you.
 
 
  • Comment #77
  • Quote
  • Jun 29, 2016 7:07pm Jun 29, 2016 7:07pm
  •  nbfx
  • | Joined Oct 2010 | Status: Member | 1481 Comments
Well they do have 3 audiences to play to.
First they need to appease those that are angry at the UK and want it punished.
Second they want to deter other countries from following suit.
Third, they want to set out their stall in the pre-negotiation trash talk.

But yes agreed. How dare Britain defy the all powerful Commissars......
 
 
  • Comment #78
  • Quote
  • Jun 29, 2016 7:14pm Jun 29, 2016 7:14pm
  •  gandolf13
  • | Joined May 2015 | Status: Member | 480 Comments
Quoting CoolJL
Disliked
I'd like to have seen Cameron invoke the article 50 but it was absolutely clear that there were no plans in case of Brexit, this is most clearly seen on Boris Johnsons face, he didn't know whether to celebrate or cry.

With all the attempts at bullying from EU we are seeing their true faces come to light in public, every member country should pay close attention to what happens during Brexit, because we will get to see what EU is really about. Only messages they are conveying at the moment is that, if you want to get out of EU we'll do our best...
Ignored
And to be honest in their defense that is the only option left open to them, but also the only option left to the UK is to proceed in accruing trading partners outside the EU, before returning to the table, in fact it may be necessary to ignore trade with the EU for the foreseeable future, painful as that will most certainly be.
 
 
  • Comment #79
  • Quote
  • Jun 29, 2016 7:41pm Jun 29, 2016 7:41pm
  •  gandolf13
  • | Joined May 2015 | Status: Member | 480 Comments
What does seem to have been forgotten is the referendum was set as a public vote, surely the government should have been in control regarding either outcome, if it had been a political party vote then it would be up to the winning party to have a plan. Due to the fact it was a referendum, to expect the winning side with no authority to implement a policy is pathetic.
As for Scotland and Northern Ireland, Are they even aware of the political turmoil due to politics in the UK at present because if not (as it appears ) their ideologies will be put back decades.
 
 
  • Comment #80
  • Quote
  • Jun 29, 2016 7:47pm Jun 29, 2016 7:47pm
  •  frx_trader
  • | Joined Jun 2012 | Status: Analyst | 3129 Comments
Quoting cliffedwards
Disliked
UK? providing a a military umbrella for all of Europe? What?

France, alone, is a nuclear power (300 warheads compared with 200 for UK) and with almost quarter of a million men under arms, (again more than UK).
European Countries have over 1.5 million men under arms with a local theater focus only? (US in 2013 - had 1,369,532 +800,00 reserves) with a commitment to Global power projection) But bandying about military figures is of no interest to our focus here.
Ignored

It's good for Brexit. Soon EU will invade Britain? They have done it in the past. Either Roman Empire or Napoleon. And infamous Hitler.
 
 
  • Comment #81
  • Quote
  • Jun 29, 2016 8:00pm Jun 29, 2016 8:00pm
  •  gandolf13
  • | Joined May 2015 | Status: Member | 480 Comments
Quoting frx_trader
Disliked
It's good for Brexit. Soon EU will invade Britain? They have done it in the past. Either Roman Empire or Napoleon. And infamous Hitler.
Ignored
Sorry for this.

frx_trader you are a complete onanist!
 
 
  • Comment #82
  • Quote
  • Jun 29, 2016 9:27pm Jun 29, 2016 9:27pm
  •  gravitist
  • | Joined Aug 2014 | Status: Member | 329 Comments
"After Brexit, get ready for a Breturn as Britain reverses course"

Bullsh!t. Won't happen.

There's NOT going to be a [email protected]@mn stupid second vote - so, just STFU and get over it
 
 
  • Comment #83
  • Quote
  • Jun 29, 2016 11:17pm Jun 29, 2016 11:17pm
  •  mrlfx
  • | Membership Revoked | Joined Jul 2012 | 416 Comments
Quoting jen101
Disliked
Those signatures were mostly fraudulent. They were hackers.
http://www.dailymail.co.uk/news/arti...ation-840.html
Ignored
Never realise, Europe was under American occupation all these years after ww2. Even the American military bases in europe are funded by the Americans.
 
 
  • Comment #84
  • Quote
  • Jun 30, 2016 1:02am Jun 30, 2016 1:02am
  •  Macdon
  • Joined Jul 2009 | Status: Member | 550 Comments
Quoting realjumper
Disliked
" Polling shows that more than a million of the Leave voters regret their choice".... 'Polling' also showed that there would be no Brexit.....yet Brexit we have. So...STFU and move on......
Ignored
How many of the remain regret their choice? I'll tell you! Five million, so say the polls!
 
 
  • Comment #85
  • Quote
  • Jun 30, 2016 1:13am Jun 30, 2016 1:13am
  •  bily.k
  • | Commercial Member | Joined Dec 2015 | 14 Comments
Quoting kenleander
Disliked
As an American, I don't really give a damn about what Europeans are talking themselves into. I just know that it is too expensive to keep a standing US Army in Europe. It is likely the US will elect an isolationist POTUS because we just can't afford to support juvenile Europe any longer. When you see Russian tanks roll into Ukraine, Poland, and Georgia with the USA not responding at all, I guess that will be your wake up call. Until then, bicker amongst yourselves because we really have better things to do.
Ignored


Finally!!!!! I really hope so!!!!
The world is just fed up of Americans "solving" everybody's problems
 
 
  • Comment #86
  • Quote
  • Jun 30, 2016 2:28am Jun 30, 2016 2:28am
  •  gravitist
  • | Joined Aug 2014 | Status: Member | 329 Comments
Dear "Bremainers",

The vote was held and your side lost. Get over it. Stop your incessant whining. Honestly, you sound like a bunch of spoiled babies throwing tantrums. The rest of us are sick of hearing your moaning. So, please accept the will of the majority and kindly STFU.
 
 
  • Comment #87
  • Quote
  • Jun 30, 2016 5:33am Jun 30, 2016 5:33am
  •  cliffedwards
  • | Membership Revoked | Joined May 2006 | 3078 Comments
Quoting gravitist
Disliked
Dear "Bremainers",

The vote was held and your side lost. Get over it. Stop your incessant whining. Honestly, you sound like a bunch of spoiled babies throwing tantrums. The rest of us are sick of hearing your moaning. So, please accept the will of the majority and kindly STFU.
Ignored
I envy your uncomplicated vision of the world.
 
 
  • Comment #88
  • Quote
  • Jun 30, 2016 6:05am Jun 30, 2016 6:05am
  •  theras2000
  • Joined Feb 2012 | Status: Member | 399 Comments
Quoting gravitist
Disliked
Dear "Bremainers",

The vote was held and your side lost. Get over it. Stop your incessant whining. Honestly, you sound like a bunch of spoiled babies throwing tantrums. The rest of us are sick of hearing your moaning. So, please accept the will of the majority and kindly STFU.
Ignored
"The rest of us are sick of hearing"....
No we won't STFU.
A word of advice, its' very simple really, if you don't like it stop looking at News items entitled "After Brexit, get ready for a Breturn as Britain reverses course"
Everything will be okay in the end. If it's not okay, it's not the end.
 
 
  • Comment #89
  • Quote
  • Jun 30, 2016 6:07am Jun 30, 2016 6:07am
  •  courtneywild
  • | Joined Feb 2008 | Status: Member | 165 Comments
Quote "Billions were wiped off equity markets as the result became clear. Currencies have been in turmoil ever since, and the real economy, both in Britain and the rest of the world, will be impacted soon. But if the decision is reversed, then those markets will recover as well. The pound will be back up to $1.50, as it was last Thursday night when the polls indicated Remain would win. Equities will follow."

Equities will follow... really Einstein!!!
HEADLINE in the news: Massive gains as FTSE adds £100s millions to asset values.. FTSE gains 582 point since the END OF THE WORLD DROP on the 24th June.
Not seen in any newspaper or BS website.

Now we can trade with the world, whose to say a weaker £ is not an good thing at present!
The last 6 years we thought the Euro was about to destroy the world as we know it, now its BREXIT... Fuck off with this BS.
 
 
  • Comment #90
  • Quote
  • Jun 30, 2016 6:19am Jun 30, 2016 6:19am
  •  nbfx
  • | Joined Oct 2010 | Status: Member | 1481 Comments
In any event, the pound has been in a downtrend since mid 2014. The price against the dollar was "Ramped" up to 1.50 (a previous support turned resistance zone) in the week prior to the vote by financial wizz kids who GOT IT WRONG! Yes it then went down, but only in line with existing trend and just got to the low point a little prematurely. So in reality it only drop below the base by a few cents. 2008 banking crisis was a much bigger event in terms of structural weakness.

And Yes - UK stocks are well up on Friday morning. Even Friday they recovered almost all the Gap down.

Reporters and comentators love to make things sound really dramatic, and sadly the masters of the universe believe their own rhetoric.
 
 
  • Comment #91
  • Quote
  • Jun 30, 2016 6:43am Jun 30, 2016 6:43am
  •  theras2000
  • Joined Feb 2012 | Status: Member | 399 Comments
Quoting nbfx
Disliked
In any event, the pound has been in a downtrend since mid 2014. The price against the dollar was "Ramped" up to 1.50 (a previous support turned resistance zone) in the week prior to the vote by financial wizz kids who GOT IT WRONG! Yes it then went down, but only in line with existing trend and just got to the low point a little prematurely. So in reality it only drop below the base by a few cents. 2008 banking crisis was a much bigger event in terms of structural weakness.

And Yes - UK stocks are well up on Friday morning. Even Friday they recovered...
Ignored
Yeah the FTSE 100 has recovered all of the losses since last Thursday. The FTSE 250 however has not (yet anyway).
This Telegraph Business Editor gives his take on why.
http://www.telegraph.co.uk/business/2016/06/27/why-we-should-be-looking-at-the-ftse-250-and-not-the-ftse-100-to/
One of his quotes "Many companies in the FTSE 100 dig stuff up in Africa, price it in dollars and sell it in China"
Everything will be okay in the end. If it's not okay, it's not the end.
 
 
  • Comment #92
  • Quote
  • Jun 30, 2016 7:36am Jun 30, 2016 7:36am
  •  nbfx
  • | Joined Oct 2010 | Status: Member | 1481 Comments
True, but equally true is that it has recovered just shy of half the fall and the price had been ramped up following Jo Cox sad demise. That index was falling off anyway, failing repeatedly to approach its previous highs set in early 2015 as were major indices from around the world. Yes one can argue that the previous dip the week earlier had Referrendum fears all over it, but the price behaviour was already well set long before and reflected that of other markets. So while it may in the very immediate term be a different indication of short term fall out, it more likely reflects the current global macro trends.
 
 
  • Comment #93
  • Quote
  • Edited 10:29am Jun 30, 2016 10:12am | Edited 10:29am
  •  Devauxt
  • | Membership Revoked | Joined Feb 2013 | 2019 Comments
President Of The European Parliament: "It Is Not The EU Philosophy That The Crowd Can Decide Its Fate" http://www.zerohedge.com/news/2016-06-27/president-european-parliament-it-not-eu-philosophy-crowd-can-decide-its-fate

Imagine that, the little people shouldn't have an opinion or expect the EU elite to cater to their needs. Don't they understand that the EU is more important than the citizens of Europe
 
 
  • Comment #94
  • Quote
  • Jun 30, 2016 10:23am Jun 30, 2016 10:23am
  •  nbfx
  • | Joined Oct 2010 | Status: Member | 1481 Comments
can't access the link
 
 
  • Comment #95
  • Quote
  • Jun 30, 2016 10:29am Jun 30, 2016 10:29am
  •  Devauxt
  • | Membership Revoked | Joined Feb 2013 | 2019 Comments
http://www.zerohedge.com/news/2016-06-27/president-european-parliament-it-not-eu-philosophy-crowd-can-decide-its-fate
 
 
  • Comment #96
  • Quote
  • Jun 30, 2016 10:30am Jun 30, 2016 10:30am
  •  Devauxt
  • | Membership Revoked | Joined Feb 2013 | 2019 Comments
Quoting nbfx
Disliked
can't access the link
Ignored
It should work now
 
 
  • Comment #97
  • Quote
  • Jun 30, 2016 10:36am Jun 30, 2016 10:36am
  •  tomase
  • | Joined Jul 2008 | Status: Member | 51 Comments
Here is another link - an article by Frederick Forsyth on June 13 which chimes with the link posted above and quotes Jean Monnet:

"Europe's nations should be guided towards the Super-state without their people understanding what is happening. This can be accomplished by successive steps, each disguised as having an economic purpose, but which will eventually and irreversibly lead to federation."

http://www.express.co.uk/news/politics/679277/History-EU-how-bureaucrats-seized-power
 
 
  • Comment #98
  • Quote
  • Jun 30, 2016 11:20am Jun 30, 2016 11:20am
  •  nbfx
  • | Joined Oct 2010 | Status: Member | 1481 Comments
Actually that begs the question as to the destruction of our coal industry in the 80's with the EEC initially about controlling coal and steel... Ironically, we have 300 years supply of coal under our feet and yet if we want some we have to import it...

And another question that springs to mind. Given that we have ever-advancing carbon capture and storage technologies available to us, and whopping great holes to stick it in why don't we have cheaper to build, run and de-commission coal-fired power stations instead of buying in electricity expensively from France?
 
 
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  • Jul 1, 2016 4:53am Jul 1, 2016 4:53am
  •  RisklessPips
  • | Joined Feb 2016 | Status: Member | 68 Comments
Quoting kenleander
Disliked
You cast a wide net, but you missed. I have a passport. I've been to Europe.

And yeah, most Americans are working too hard to afford a long vacation and head to Europe. Because they have to pay the taxes to pay for a standing US army in Europe that Europeans don't want to pay for themselves. So go ahead big mouth, tell us why you think Americans are all so parochial and stupid that they can't understand lofty European ideas.
Ignored
Why the abuse ? Did I by any chance hit home ? I didn't say you don't have a passport. I said most Americans don't. Now my mouth might be big but so is my brain. The simple reason your comment was naive is because geopolitically the USA needs a free independent Europe even if it has to die to keep it that way - Capiche ?
 
 
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  • Posted: Jun 29, 2016 4:52am
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     Newsstand
    Category: Fundamental Analysis
    Comments: 99  /  Views: 27,820
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