General Discussion

enid602

(9,625 posts)

83. Britain

Thu Jun 23, 2016, 11:47 PM

Jun 2016

Scottish and Northern Irish Ministers have already said that if Britain secedes, it forfeits the mandate for a United Kingdom. Financial interests in Paris, Frankfurt and NY are licking their chops to lure London's financial center away from the UK. That's Britain's biggest employer, and British auto manufacturing, which has grown in recent years is owned by the Germans. Britain is history. Reminds me of the old joke where someone knocks on the door of Buckingham Palace, and the butler answers the door and says 'the Queen's out touring the empire. . . should be back any moment. '

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It's gonna be crazy if the UK leaves. [View all] DanTex Jun 2016 OP

Financial panic speculation Aerows Jun 2016 #1

Yeah, 7% drop in the Pound and 6% drop in FTSE qualifies as a panic. DanTex Jun 2016 #6

You must be watching Asian markets. Aerows Jun 2016 #7

How are they doing? I checked US and UK markets. DanTex Jun 2016 #9

You checked when the exchange is over? Aerows Jun 2016 #14

Futures markets. They are open all night. Google them. DanTex Jun 2016 #16

Oh I know. Aerows Jun 2016 #20

If you think the futures markets are way off, you can make a lot of money. DanTex Jun 2016 #22

Agreed to all of the above. n/t Aerows Jun 2016 #23

Bombay Stock Exchange opens in 15 minutes, meaning before the vote is decided Recursion Jun 2016 #38

Britain and Europe will have to do business together. tritsofme Jun 2016 #2

The EU declares that Aerows Jun 2016 #5

Yeah, they will, but this throws a huge wrench into it. DanTex Jun 2016 #8

OMG, what will happen to booze cruises to Calais and other French ports? greatauntoftriplets Jun 2016 #17

There will be a trade agreement between the EU and the UK. roamer65 Jun 2016 #80

Add together Germany and the UK... Corporate666 Jun 2016 #88

Include Britain in the TPP? SheilaT Jun 2016 #84

Call it what you want, it is the free trade agreement that will be successor to NAFTA. tritsofme Jun 2016 #85

I'm under the impression that the TPP means Trans Pacific something or another. SheilaT Jun 2016 #86

Yes...that is the initialism they came up with...If there are obstacles to Britain joining tritsofme Jun 2016 #87

It's not just a set of initials. SheilaT Jun 2016 #89

I'm not sure why you are so hung up on geography. tritsofme Jun 2016 #90

I'm not sure why you don't understand that there SheilaT Jun 2016 #91

Canada and Mexico will be part of TPP, the USTR has called it a renegotiation of NAFTA. tritsofme Jun 2016 #92

Canada and Mexico have borders on the Pacific. SheilaT Jun 2016 #94

You seem to think this is really important for some reason. tritsofme Jun 2016 #96

I'm really regretting not getting my passport a few month ago. RAFisher Jun 2016 #3

$1.37 now! Down 10%. Could go lower. DanTex Jun 2016 #11

And yet Scotland is voting heavily for "Remain". Barack_America Jun 2016 #4

They want a stable country to secede from? brooklynite Jun 2016 #13

Britain enid602 Jun 2016 #83

Confusing why their turnout was low. Kilgore Jun 2016 #77

I find it so interesting to see which US corporations are for and which are against Brexit swhisper1 Jun 2016 #10

Not just there. 840high Jun 2016 #74

What I'm finding truly astounding NuclearDem Jun 2016 #12

Seriously. greatauntoftriplets Jun 2016 #19

I think it's a little different. DanTex Jun 2016 #24

Really? Farage sounds like an educated Trump. RAFisher Jun 2016 #29

I think the similarity is that both are prone to consiracy theorizing and look for... Odin2005 Jun 2016 #95

Bloody 'ell flamingdem Jun 2016 #15

I'm glad you're here to Amerisplain it to them. ret5hd Jun 2016 #18

I think the 7% drop in their stock market and 10% drop in GBP is explaining it pretty well. DanTex Jun 2016 #21

Message auto-removed Name removed Jun 2016 #54

If you think you're smarter than the market, then cash in. DanTex Jun 2016 #55

No one is smarter than the market. But I am certain that no matter what happens... Kang Colby Jun 2016 #69

Then you should buy every pound sterling and UK equity share geek tragedy Jun 2016 #64

Does the working class much care about flamingdem Jun 2016 #81

Maybe there is a silver lining BootinUp Jun 2016 #25

I hope so. DanTex Jun 2016 #26

People rejecting neoliberilsm kcjohn1 Jun 2016 #27

I'm not sure you know what those words mean. NuclearDem Jun 2016 #28

Which part do you disagree kcjohn1 Jun 2016 #31

Black helicopters are coming for you! NuclearDem Jun 2016 #34

It's a vote for xenophobia and anti-immigration. DanTex Jun 2016 #32

I agree about the xenophobia and anti-immigration kcjohn1 Jun 2016 #35

No, the principle is not right. DanTex Jun 2016 #41

I think it's funny... you believing Brussels knows what's best for Brits more than Brits do. cherokeeprogressive Jun 2016 #82

"I think it's funny... you believing Trump voters knows what's best for Americans more than... LanternWaste Jun 2016 #93

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Seriously, stamp collecting is a good hobby uppityperson Jun 2016 #68

Yep. I have friends 840high Jun 2016 #76

Hey look a prime example PowerToThePeople Jun 2016 #30

This is the death of the United Kingdom nt geek tragedy Jun 2016 #33

Not to mention the blow to Europe as a whole. NuclearDem Jun 2016 #37

UK never adopted the Euro so it was never committed geek tragedy Jun 2016 #39

Yes that is true but if you look at the overall history of Europe these big structures intended to craigmatic Jun 2016 #48

If England leaves other countries will follow and leave too yeoman6987 Jun 2016 #36

Scotland will leave the UK. nt geek tragedy Jun 2016 #40

Would an independent Scotland be admitted to the EU? FLPanhandle Jun 2016 #42

There are smaller countries in the EU, no? geek tragedy Jun 2016 #46

Defiantly not. iandhr Jun 2016 #67

But they voted overwhelmingly to remain in the EU. Barack_America Jun 2016 #43

And if the UK as a whole leaves, then Scotland just secedes NuclearDem Jun 2016 #45

Message auto-removed Name removed Jun 2016 #59

They would be forced off the pound. tritsofme Jun 2016 #47

It was close last time. geek tragedy Jun 2016 #49

The UK would probably play more hardball in their stay campaign. tritsofme Jun 2016 #73

Scotland could stay on the pound until they transitioned to geek tragedy Jun 2016 #75

True yeoman6987 Jun 2016 #51

Message auto-removed Name removed Jun 2016 #56

They can hold another. geek tragedy Jun 2016 #57

Message auto-removed Name removed Jun 2016 #61

Slightly? geek tragedy Jun 2016 #62

Message auto-removed Name removed Jun 2016 #70

Yah nothing says they aren't sovereign like a referendum to exit... Agschmid Jun 2016 #71

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Last week Soros got out of cash and into gold. Hmmmmm. AngryAmish Jun 2016 #44

I don't have much to add... Joe the Revelator Jun 2016 #50

Nigel Farage: 'Let June 23rd go down in history as our independence day' BlueNoMatterWho Jun 2016 #52

At minimal, the financial markets are going to fluctuate, IMO, severely. n/t RKP5637 Jun 2016 #53

We best hope our electorate isn't in the same mood come November. I fear they are but we Purveyor Jun 2016 #58

So true. BlueNoMatterWho Jun 2016 #60

Let's calmly maintain for 5 months and add voters because this country is known for its mood swings Person 2713 Jun 2016 #63

We've got a whole lot of work to do. I didn't expect this outcome tonight. Not at all... eom Purveyor Jun 2016 #66

That's what happens when the equivalent of the Trump supporters win. Beacool Jun 2016 #78

Yep, I have a relative going there this week on vacation.. rainbow4321 Jun 2016 #79