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BREXIT?, What happens to Uk pound and Euro if brexit yes wins
mullokintyre
post Posted: Feb 6 2017, 10:03 PM
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In Reply To: xw1's post @ Feb 6 2017, 09:34 PM

The possibility of Ms Lapen taking the French presidency may be bigger.
Apart from railing against globalisation (Trumped by a French woman.), she has praised Britains EU exit.
Mick



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xw1
post Posted: Feb 6 2017, 09:34 PM
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Scotland is heading for a fresh independence referendum when U.K. triggers Article 50 to leave the EU, according to a member of the Scottish Greens.

The U.K. government is unwilling to consider Scottish proposals to shape Brexit seriously, the lawmaker told Reuters.
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keep eye on this event, it could trigger GBP to have another crash. imho.



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marketwinner
post Posted: Nov 13 2016, 11:45 AM
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In Reply To: nipper's post @ Aug 11 2016, 10:33 PM

http://www.bbc.com/news/uk-politics-32810887

Brexit: All you need to know about the UK leaving the EU


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nipper
post Posted: Aug 11 2016, 10:33 PM
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In Reply To: jacsar's post @ Jul 12 2016, 07:19 PM

In the last few weeks ranks of political experts have attempted to map and explain the divisions in British society exposed by the referendum vote to leave the European Union. A broad range of factors have been pondered over, including class, location and income. Now another perspective has come from the world of advertising, and based on research into the brands which are the most liked or used by Brexiters and Remainers. It suggests there are other profound cultural differences between the two sides beyond their attitude to the EU. www.bbc.com/news/blogs-trending-36970535

These are the brands with which the two sets of voters, Brexit and Remain, have the greatest affinity

Top 10 brands: Leave voters
  1. HP Sauce
  2. Bisto
  3. ITV News
  4. The Health Lottery
  5. Birds Eye
  6. Iceland
  7. Sky News
  8. Cathedral City
  9. PG Tips
  10. Richmond sausages
Top 10 brands: Remain voters
  1. BBC.co.uk
  2. BBC iPlayer
  3. Instagram
  4. London Underground
  5. Spotify
  6. Airbnb
  7. LinkedIn
  8. Virgin Trains
  9. Twitter
  10. EasyJet
or whatever. Love that class division. Born to Rule.



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
jacsar
post Posted: Jul 12 2016, 07:19 PM
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In Reply To: triage's post @ Jul 12 2016, 03:25 PM

Hi triage, this link has a great amount of detail as to what mining is worth along with services, manufacturing etc. Also covers every major/minor country.... http://www.tradingeconomics.com/united-kingdom/indicators ..cheers


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triage
post Posted: Jul 12 2016, 03:25 PM
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In Reply To: balance's post @ Jul 10 2016, 09:27 PM

I've got no skin in this particular game but to me the stand out is that the Brits have asked a question without anyone knowing the answer. What does leaving the EU actually mean? Yeah yeah, preserve the English way of life, keep the continentals out etc etc but what model did the proponents of leaving have in mind? My impression is the UK is a bit like the dog that caught the car.

My admittedly likely ignorant view is that the UK's economy is sort of like Australia's but whereas we are over-reliant on mining and housing the Brits are over-reliant on professional services (as in legal and financial services) and housing. As Tyler Cowen highlights, present day London is a one off, totally out-of-the-box phenomenon, and I have read elsewhere that London and the UK generally is pretty much all about big finance, high-end legal services and housing (plus I suppose tourism to see the royals).

QUOTE
London is the richest city in Europe. Real output per person is central London is nearly four times the average in the European Union, and nearly twice that Europe’s other large, rich metropolitan areas, such as Amsterdam and Paris. Strikingly, London is more than twice as rich as the next richest region within Britain. However one slices it, the city is an extraordinary economic outlier.


http://marginalrevolution.com/marginalrevo...of-the-day.html

If the Brits unsettle their professional services sector in moving to whatever model they decide to go with then not only will the City of London shrink but the whole economy will likely suffer.

Here is an article about whether Hong Kong could take advantage of the uncertainty about the City of London's future. My own guess is not, as the Europeans will want to something closer to Europe, the Arabs will want something in the Gulf and the Chinese will want something in China.

http://www.scmp.com/news/hong-kong/law-cri...unity-hong-kong



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balance
post Posted: Jul 10 2016, 09:27 PM
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In Reply To: Elliott's post @ Jul 7 2016, 07:38 AM

QUOTE
It's done and dusted...end of story.


I don't doubt that whatsoever. Hence the PM moving aside for an exit supporter.

I did find it interesting that the referendum is not binding, not a suggestion it would not be. That is all. smile.gif

My aside on the pound trade was to do with the suggestions deals or forms of accommodations will be done.



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balance
post Posted: Jul 10 2016, 09:06 PM
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In Reply To: early birds's post @ Jul 8 2016, 09:55 AM

Walk in....



--------------------
Day Trader: Lowest form of life in the known universe.
Shorter: Can limbo under a day trader.
Investor: Salt of the Earth.Sits to the right of God (Warren Buffet)
Share prices are only ever manipulated down.
Paper losses are not really losses.
Chat site posters always know better & know more than anyone about anything.
I'm 29.
The cheque is in the mail.

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early birds
post Posted: Jul 8 2016, 09:55 AM
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In Reply To: Alethia's post @ Jul 8 2016, 09:14 AM

You sound like some one who is complaining the para medics have driven the victim to the hospital and then quit to let the doctors take over.
=======================
you sound like compare the orange and apples.
Brexit voters need a leader to lead them go down that path. and your hero run away like a rat see a cat coming that is how see it!! thumbdown.gif



 
Alethia
post Posted: Jul 8 2016, 09:14 AM
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In Reply To: early birds's post @ Jul 7 2016, 05:41 PM

Early bird,

Get real mate. He spent 25 years focused on getting the UK out of the EU and he succeeded.
Now it is over to the UK parliament to finish it.
Farage is not a member of the UK parliament.

You sound like some one who is complaining the para medics have driven the victim to the hospital and then quit to let the doctors take over.



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