Brexit??

Someone had asked about financial market impacts resulting from the vote and I found this from earlier this afternoon.

Here's a brief intro for anyone interested:

"So will there be market mayhem?."

It appears that global markets have settled down. A few days ago, there was quite a bit of speculation about the U.K. leaving the EU, and it had some segments of the markets upset. However, in recent days, the volatility has decreased and the markets seem to be betting that the U.K. will stay put....for now.
 

Yes Laurie, that point has not escaped me. I voted for Scotland to stay part of the UK, but I am also voting to leave the EU.
If we did leave the EU, the 'Red Queen' as I refer to her, will doubtless want to put us through yet another referendum for independence. I do believe at times her obsession with independence is more to spite Westminster and especially the Tories, than it is for the benefit of Scotland.
 
Yes Laurie, that point has not escaped me. I voted for Scotland to stay part of the UK, but I am also voting to leave the EU.
If we did leave the EU, the 'Red Queen' as I refer to her, will doubtless want to put us through yet another referendum for independence. I do believe at times her obsession with independence is more to spite Westminster and especially the Tories, than it is for the benefit of Scotland.

To be air, her obsession has been with her since she was about eight years old and had been her life's work.

I voted to leave both the British and European Unions but when (not if!) independence comes, I will vote to join the EU. Scotland wikk need protection from her bullying neighbour.

As I've said before, I first came to Scotland in 1957, but I'm still and incomer and when independence comes I will have to apply for a residency permit, but I will have to wait and see how the administration shakes out.

I couldn't live under an SNP administration, but I'm hoping that once the reason for their very existence disappears they will lose support, otherwise I will have to back to a country I left more than half a century ago, and which I have not even visited for twenty years! As I will be eighty by then it's a big step.

Apologies to our US friends, but this is reality for us, not pundits sounding off!
 
Laurie, as a resident of Scotland, you are entitled to vote for independence, so they can hardly deny you the right to stay if it comes round!
I do agree that the SNP's reason for being would largely disappear with independence. However I would question why you would prefer to be 'bullied' by Brussels rather than London. As a part of the UK, Scottish MPs can have influence in Westminster. As part of the EU, Scotland will just be another little country having to do what it's told.
 
Here's some more info on Brexit. Full story HERE.


Brexit Anyone? Why the US Should Care About Thursday’s Vote in the UK


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Why does the picture says it all WhatinThe???

I have read and seen videos of WW2 veterans voting to stay in the E.U.

In my opinion we have been fed a lot of crap by both sides of the campaign and they have a lot of the public confused as to the best way to vote.
 
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It is difficult for many inside the U.K. to understand the ramifications of whether we stay or leave let alone those outside of the U.K.
 
Why does the picture says it all WhatinThe???

I have read and seen videos of WW2 veterans voting to stay in the E.U.

In my opinion we have been fed a lot of crap by sides of the campaign and they have a lot of the public confused as to the best way to vote.

Citizens in a lot of countries feel they have lost control of their country to professional politicians, radical legislation, over whelming numbers of immigrants, greed, foreign influences, etc.
 
Laurie, as a resident of Scotland, you are entitled to vote for independence, so they can hardly deny you the right to stay if it comes round!
I do agree that the SNP's reason for being would largely disappear with independence. However I would question why you would prefer to be 'bullied' by Brussels rather than London. As a part of the UK, Scottish MPs can have influence in Westminster. As part of the EU, Scotland will just be another little country having to do what it's told.

Having experienced Scottish hospitality for nigh on sixty years I have no qualms about being any less welcome after independence!

The reason I would prefer to be ruled from (not by!) Brussels is that it is a conglomeration of nations with equal rights. The British Union is entirely ruled by the English vote, simply because there are more of them than all the others pit together. That is not a moan. That is democracy, we all have a vote.

Scottish MPs have no influence at Westminster, except insofar as allowed by the English elected government. Every Scottish MP except one is SNP, but they are all totally ignored by Cameron.

Sorry, I'd sooner be dominated by France and Germany than England. After all, France is the Auld Alliance, we all know who the Auld Enemy is, and Blucher and his Prussians fought alongside the Highland Div at Waterloo to save the day for the English!
 
Sad to say, but you might be right. As I understand things, when both sides are neck and neck, the undecided voters tend to go with the status quo. The only benefit of that, and it could be a significant one, is that it might put back the SNP case for another independence referendum.
 
Just checked...the global stock markets are mostly hovering in the "green". It appears that the sentiment is more towards the UK staying put.
 
12:06 Atlantic time and the leaves are ahead 51.6% and Nigel Farage is sounding pretty pumped.

Yup, the global stock market futures are headed for the ditch...investors are bailing out in Asia, and the US market futures are dropping rapidly. The EU markets will most likely be down 2 to 5 % at their open.
 


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