Author Topic: Stock markets are in a nosedise thanks to brexxit  (Read 4920 times)

Britain maintained its national sovereignty, and that's more important than any financial statistic.
but won't divisions over how brexit turned out end up destroying the UK? every province in scotland and a majority in north ireland voted in favor of remaining

US market opening soon. DOW will probably plummet.

but won't divisions over how brexit turned out end up destroying the UK? every province in scotland and a majority in north ireland voted in favor of remaining
This. There's already talk of legislation to start up another Scotland referendum vote to split from the UK.

What pisses me off about this is that current populism and medium-term disgruntlement paved way for effects, that our grandchildren will have to suffer from. There's all this talk about UK striking free-trade deals with the EU just like Switzerland, but that's simply not realistic. Now that populism has shown it's true danger in today's world, UK must be made an example out of. If the EU allows it to drop all obligations towards it and send the global market into shock and still retain all the benefits, Europe as we know it will cease to exist. People are tossing around numbers like this fell then this recovered and that and that and that, but that's besides the point. Stability is the ultimate resource for prosperity. The only reason life as intelligent as us even started to develop was the fact that global temperature reached STABILITY. It's not about how much hotter or colder it would have been (within reason), it's that some sort of certainty was reached. And now that global stability was damaged, not to speak of the catastrophe in UK, everyone is going full defensive mode. During the two years that article 40 is applied, there will be minimal development of the business sector, servicing sector etc in the UK, because no one knows how long the current situation will last. last year, to say that a doomsday scenario for modern politics as we know it was even possible would have been unthinkable, but now it's actually a realistic outcome.

The whole concept of EU was that those, who had a lot gave a bit of extra that those who had next to nothing could infinitely benefit from. Countries absolutely benefit from mutual success, and in the long-term that's how you build up other nations for mutual benefit.
« Last Edit: June 24, 2016, 10:05:49 AM by Dannu »

Not really surprising Scotland wants to leave the UK. They've been wanting to for a while and this is a good opportunity to do so.


[im g]http://i.imgur.com/4A7YIQk.png[/img]
Well I just explained why that's so. Or did you forget how that same model made a war-torn hole in the world into an economic superpower.

Well I just explained why that's so. Or did you forget how that same model made a war-torn hole in the world into an economic superpower.

i know, it's okay to lose money as long as you lose it stably


The same way that buying a girl dinner improves the chances of a positive reply when asking her for love.

If you give a pound to someone, and they give you a penny back. Is that a good deal?

can somebody explain what rail is about because he posted a meme and I'm confused

can somebody explain what rail is about because he posted a meme and I'm confused

why have you been so clueless lately?

can somebody explain what rail is about because he posted a meme and I'm confused

The UK gives more to the EU, than what the EU gives back to the UK.

why have you been so clueless lately?
I haven't been on blf as much due to another bout of more serious depression and there's weird people and discussions and I'm outta tha loop
The UK gives more to the EU, than what the EU gives back to the UK.
o ok

If you give a pound to someone, and they give you a penny back. Is that a good deal?
I think you should check up on what investing is. and not just the literal kind

I think you should check up on what investing is. and not just the literal kind

Britain's been "investing" for decades and we still don't get much in return. I'd say that's a bad "investment".