Brexit??

WhatInThe said:
That's a voluntary market reaction by panic sellers. I don't think there is one post UK free EU policy in place yet. It's still mostly speculative trading. Until one actually sells at a loss or gain the ups and downs are on potential paper value. Yeh if one actually had to make a sale now they might lose, especially if they bought recently. Some firms who trade the same stock a thousands of times a day will lose which carries over to funds. But profits can come back just as quick.

Buy Low Sell High still applies
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I know what this market downturn is... I lived through the 2008 fiasco and came out for the better... But I agree... we don't know what post free EU policy will bring, however, we will have to see what happens AND we are all going to have to live with the outcome.. good OR bad.
 

One aspect of Brexit which has not yet received comment is the fact that now we British can no longer blame the EU for everything from the weather to the price of haggis, we will have to go back to the traditional favourites, the Americans!
 
Laurie said:
One aspect of Brexit which has not yet received comment is the fact that now we British can no longer blame the EU for everything from the weather to the price of haggis, we will have to go back to the traditional favourites, the Americans!
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I hope the UK can work through this, and come out of it with some positive results, however, I can't help thinking about the old saying "Be careful of what you wish for...you might just get it".
 
Don M. said:
I hope the UK can work through this, and come out of it with some positive results, however, I can't help thinking about the old saying "Be careful of what you wish for...you might just get it".
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My feelings too... I really don't care what the UK does or what "union" it's in.. so long as it doesn't negatively impact us.. BUT of course in a global market.. it will... Certainly not as much as it's going to impact them.. but it will have some ramifications.
 
Capt Lightning said:
We mightn't have cared much about your Subprime mortgage crisis if it hadn't impacted on us, BUT of course in a global market.. it did! Certainly not as much as it impacted on you.
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Then you know how we feel.... and we now know how you felt..... You didn't do this to teach us a lesson did you? lol!!
 
The EU now considers the UK the black sheep of the family and NO ONE is to talk to them without "official" notification(article 50 I believe). No preliminary talks, feelers, informal/unofficial meetings which probably would speed up the process. Instead cry baby EU now whipping out the rule book to exercise what ever power they have over the UK one last time.

http://www.jsonline.com/business/na...fab9b3829e452989a81955faa5a1b1-384647181.html

And yet they are already trying to dictate terms by emphasizing formal negotiations and "no cherry picking", this IS how YOU WILL negotiate. I don't know how the UK and other countries tolerated the EU and what ever they call leaders/leadership.
 
Brexit gained popularity particularly since Merkel shot herself in the foot. Damned idiot! Germany and France are the originateurs of the EU so you would think Merkel had more brains. Nope! Her country was on the ground floor to a good idea ..... and it's her country that will destroy it.
 
I never realized how entrenched the EU had become until the last couple of years. I thought the EU was to help regulate the currency(the euro) and SOME economic policy for trading purposes only. It's one thing to give EU approved goods & carriers easy access to a country but stuff like open borders for non commerce or having to bailout another country because they didn't control their spending?
 
Laurie said:
"he normal procedure for Britain to leave the E.U."

Yet more nonsense.

What "normal procedure"?

It's a unique process which has never taken place before!
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That's part of the arrogance of the EU assuming it would never happen with any country. Also confusing as to why the EU is insisting on doing by the book what ever that is. If all the details were worked out in advance(informal off the record discussion) then presented formally to the EU & UK wouldn't that actually be quicker? If nothing else if the UK and EU were presented with the details of exiting in off the record the talks that might change both their minds on their stances. This looks like a divorce that can only be worked out in court.
 
From my recent reading, it seems the likelihood of it being implemented is slim. It might take years, if at all.
 
WhatInThe said:
That's part of the arrogance of the EU assuming it would never happen with any country. Also confusing as to why the EU is insisting on doing by the book what ever that is. If all the details were worked out in advance(informal off the record discussion) then presented formally to the EU & UK wouldn't that actually be quicker? If nothing else if the UK and EU were presented with the details of exiting in off the record the talks that might change both their minds on their stances. This looks like a divorce that can only be worked out in court.
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In losing the UK, the EU has lost one of it's more stable members. With members such as Sweden , Germany, and Denmark possibly considering leaving, the EU wants to make an example of the UK. This dog is going to return to bite them(the EU). The UK's economical and military capabilities are vital to the security of Eastern Europe, which the EU wells knows and at this time, are attempting using scare tactics to preserve the EU. The UK never converted to the Euro, so their leaving will not have the long term economical effects the naysayers predict. One major result of leaving the EU will be safer borders and more control of anyone entering / leaving the UK. As I felt all along, the UK will ok, economically and with regaining control of it's borders; more secure.
 
Laurie said:
"he normal procedure for Britain to leave the E.U."

Yet more nonsense.

What "normal procedure"?

It's a unique process which has never taken place before!
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Normal, Democratic/Political Process. They don't implement the guillotine and install a new entity the moment the head hits the basket.
 
Shalimar said:
Veri, would you please clarify what you mean around Angela Merkel?
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I mean that anyone who thought it was worth keeping the EU "as is" (by counting the blessings and balancing out the negative aspects) woke up pretty damned quickly when Merkel opened the floodgates and individual, respective national leaders agreed to it. I am from Sweden. What my country and Germany did affected every EU member state by way of the Schengen Agreement.
 
WhatInThe said:
That's part of the arrogance of the EU assuming it would never happen with any country. Also confusing as to why the EU is insisting on doing by the book what ever that is. If all the details were worked out in advance(informal off the record discussion) then presented formally to the EU & UK wouldn't that actually be quicker? If nothing else if the UK and EU were presented with the details of exiting in off the record the talks that might change both their minds on their stances. This looks like a divorce that can only be worked out in court.
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We no longer live in the Democratic 60's. The Americans illegally invaded Irak on an obvious lie and fabrication of "proof" of WMD's, tortured and murdered a million innocent men, women, and children ......... and got away with it .... the consequences to the Middle East is irreversible. Merkel acted on her own, allowing millions (?) of "illegal" migrants to storm into (and occupy) western Europe. So far she's got away with it and the consequences for Europe are irreversible.

Now, what were you saying about "working out details in advance" ..... "informal off the record discussions" ...... and "changing minds" THAT WAY? We are losing faith in the power of Democracy in the face of Fascist impunity. Right or wrong (wrong of course) we cannot turn the other cheek, no matter the weather.
 
senile1 said:
In losing the UK, the EU has lost one of it's more stable members. With members such as Sweden , Germany, and Denmark possibly considering leaving ...... The UK never converted to the Euro, so their leaving will not have the long term economical effects .....
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Neither has Denmark or Sweden.
 
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