Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Else You Are Mad

(3,040 posts)

2. Well, how I see it.

Reply to Kelvin Mace (Reply #1)

Wed Jun 29, 2016, 05:01 PM

Jun 2016

Is what will really destroy the pound is if Scotland votes to leave the UK and remains with the EU. In that case, the remaining nations in the UK lose the energy wealth of Scotland. As of now though, the pound will fluctuate then stabilize at its normal rate of exchange .

The Brexit is nothing and can be quickly recovered from, when Scotland votes to leave the UK THAT will be the start of a depression.

Edit history

Please sign in to view edit histories.

9 replies

= new reply since forum marked as read

Highlight:

The Brexit's reactionary financial downturn is already correcting itself... [View all] Else You Are Mad Jun 2016 OP

Where is the pound? Kelvin Mace Jun 2016 #1

Well, how I see it. Else You Are Mad Jun 2016 #2

Also, the loss of Scotland's Kelvin Mace Jun 2016 #3

I opined that the prophecies of doom were much ado about nothing. Nuclear Unicorn Jun 2016 #4

There will be convulsions, to be sure gratuitous Jun 2016 #5

UK stock market has recovered all lost ground from Brexit Angel Martin Jun 2016 #6

People were ready to call it the end of the world really fast. nt Rex Jun 2016 #8

So no eminent WWIII? No new Cold War? No back to the Stoned Age? Rex Jun 2016 #7

The UK stock market should be fine since it responds to the 1% who should do well in the new UK. pampango Jun 2016 #9