The European Union.....In or Out?

[Consumer dude]

This is about the will of the people and the people have spoken..

[tobyjugg2]

I think that was predicted, wasn't it?

 

HB

 

 

Yep, and poopoo'ed by the Brexiters

 

Euro also falls against dollar - but nothing like the pound

 

another approx 5% pound v euro fall needed to wipe out WTO tarrifs britain will have imposed (given the euros fall)

 

(see my 'upside of Brexit post one page back)

If the euro rallies without the pound, then less.

 

 

I'm looking for a cheap property in Scotland.

[honeybee13]

This is about the will of the people and the people have spoken..

 

The way it's looking this morning, nobody is the winner...

[unclebulgaria67]

How many votes were purely based on the EU ?

 

Even many leave supporters think Brexit won't happen.

 

Boris Johnson wants to renegotiate EU terms if possible to stay in. He said fhis on LBC the other day and he is not alone.

 

Will the EU concede greater restrictions on rights of free movement and other sweetners to stay in ? Possible.

 

What happens if there is an early general election and a pro EU party (Labour ?) wins ? An election result would trump a referendum.

[honeybee13]

Interesting points, UB.

[citizenB]

53% remain I reckon

 

How many votes were purely based on the EU ?

 

Even many leave supporters think Brexit won't happen.

 

Boris Johnson wants to renegotiate EU terms if possible to stay in. He said fhis on LBC the other day and he is not alone.

 

Will the EU concede greater restrictions on rights of free movement and other sweetners to stay in ? Possible.

 

What happens if there is an early general election and a pro EU party (Labour ?) wins ? An election result would trump a referendum.

 

 

I think the majority did vote purely on the EU, Uncle B. Every 5 years we vote in the general election, a party that will respect the wishes of the voters. Unfortunately, this doesn't happen. the UK Parliament inflicts the wishes of the EU on us.

[snowdragon]

This will now drag on for months and years causing economic damage to the country.

 

I think Cameron will resign at some point this year and there will be a general election before the end of next year.

 

Some people have voted for leave as an anti government vote and not anti EU.

 

I just hope then that Jeremy Corbyn ( call him Cob-on) does not become the next PM, I do not support any party but that man is about as good as a chocolate fireguard!

[tobyjugg2]

I think the majority did vote purely on the EU, Uncle B. Every 5 years we vote in the general election, a party that will respect the wishes of the voters. Unfortunately, this doesn't happen. the UK Parliament inflicts the wishes of the EU on us.

 

You mean that the elected UK party imposes their OWN wishes on the electorate surely?

 

More analysts now starting to predict possible pound : euro parity (1:1)

( From may where less were predicting it)

https://www.poundsterlinglive.com/eur/4317-pound-to-par-the-euro-as-uk-economy-on-colission-course-with-reality

[Tawnyowl]

There is a rumour that David Cameron is going to resign.What do you think.Do you think he will.About to speak here.A rumour that is all .

http://www.bbc.co.uk/iplayer/live/bbcnews

[tobyjugg2]

You mean that the elected UK party imposes their OWN wishes on the electorate surely?

 

More analysts now starting to predict possible pound : euro parity (1:1)

( From may where less were predicting it)

https://www.poundsterlinglive.com/eur/4317-pound-to-par-the-euro-as-uk-economy-on-colission-course-with-reality

 

 

OH -IMPORTANT

https://www.poundsterlinglive.com/eur/4317-pound-to-par-the-euro-as-uk-economy-on-colission-course-with-reality

Any that actually read that be aware that

'running down its net asset position'

means asset stripping the country and selling everything off (think BHS)

 

"However Peter Dixon with Commerzbank in London believes the UK can continue to fund its deficit by running down its net asset position, without running into solvency concerns anytime soon.

[honeybee13]

He's resigned.

[snowdragon]

I just heard, why? he said he would not! what is this country coming too?

[Tawnyowl]

He said before the Referendum he would not resign.

He said if the British public voted leave article 50 would be set in motion immediately..Or quickly.

 

Forked tongues.

Early election possible do you think.

Suppose Emperor Osborne is next.

[unclebulgaria67]

Cameron will be gone by October and it will either be Bojo or May as new PM. Bojo wants to use the referendum to negotiate revised membership terms. Get ready for a civil war in the Tory party and a bad few years for the UK.

 

If you have investments or pensions you will see a consequence of this vote. The UK will be worse off for years, all because of the hysteria whipped up by some people over a long period.

 

When people vote tactically without engaging their brains this is what happen.

 

England and Wales should be renamed the land of 17 million sheep people who have been brainwashed by media.

[unclebulgaria67]

Economic consequences so far as predicted before the vote.

 

http://www.bbc.co.uk/news/business-36611512

 

If this continues, it could get to a very bad position with an emergency budget Osborne warned about.

[Ell-enn]

Disastrous result - lets see if the Brexiters are still smiling when their mortgages go sky high and they're paying more at the supermarket. Although the majority of leave voters in my area seem to be either pensioners(who still think Rule Britannia etc) or unemployed neither of whom are likely to be paying mortgages or have any foresight as to what it means for jobs for the following generations.

[king12345]

Disastrous result - lets see if the Brexiters are still smiling when their mortgages go sky high and they're paying more at the supermarket

 

A good price to pay in order to preserve the wellbeing of future generations.

If you don't have kids you wouldn't care of course.

The labour way of spend today and forget about tomorrow is wrong

[honeybee13]

This was posted in our media section earlier, the BBC's Simon Gompertz on the effect on holidays abroad.

 

http://www.consumeractiongroup.co.uk/forum/showthread.php?466272-How-might-Brexit-affect-your-summer-holidays&p=4916066#post4916066

[silverfox1961]

When I woke to the news this morning, I didn't feel anything! I expected to feel relief that the will of the British people had been heard. Nothing!

 

I cast my vote on the basis of my beliefs but this morning, I began to wonder if some of the people did a protest vote due to the (mainly) Tory campaign to stay. I hope not.

 

I was expecting my own area to be remainers as it is mainly rural farming but in fact it was about 64% leave.

 

Anyway, the deed is done, we will be leaving the EU and the country will either suffer or recover over the next few months. Once it becomes more clear, I suspect the pound will bounce back a bit

[Tawnyowl]

For those that may be wondering what Nigel Farage thinks of this result.

Suggests June the 23rd should be a Public Holiday-Named Independence Day.

 

'EU is failing, EU is dying': Nigel Farage speech following Brexit vote

[unclebulgaria67]

A good price to pay in order to preserve the wellbeing of future generations.

If you don't have kids you wouldn't care of course.

The labour way of spend today and forget about tomorrow is wrong

 

Immigration will increase for two reasons. Brits returning to UK from EU mainland and EU mainland citizens coming to the UK before any exit date. One of my nephews teaches English in Spain and there is huge demand for courses. This will cause more pressure on all services. Rents and house prices might increase further due to demand.

 

Even after Brexit, there is no guarantee net migration numbers will be lower than they are currently.

 

If interest rates increase, inflation increases because we import more than export, pound sterling reduces, we will be worse off.

 

Your kids will most likely suffer due to this vote.

[king12345]

Immigration will increase for two reasons. Brits returning to UK from EU mainland and EU mainland citizens coming to the UK before any exit date. One of my nephews teaches English in Spain and there is huge demand for courses. This will cause more pressure on all services. Rents and house prices might increase further due to demand.

 

Even after Brexit, there is no guarantee net migration numbers will be lower than they are currently.

 

If interest rates increase, inflation increases because we import more than export, pound sterling reduces, we will be worse off.

 

Your kids will most likely suffer due to this vote.

 

Permanent residents in UK will remain here and uk nationals in eu will remain there.

Worst case scenario they will have to apply for permanent permit to remain.

I am one of them having never taken a eu passport despite living here for almost 4 decades

[unclebulgaria67]

Permanent residents in UK will remain here and uk nationals in eu will remain there.

Worst case scenario they will have to apply for permanent permit to remain.

I am one of them having never taken a eu passport despite living here for almost 4 decades

 

It depends on what happens. If for example UK government stops paying Spain for healthcare they offer to British residents in Spain, those that cannot afford to pay will come back to the UK.

 

Many EU mainland citizens who have come to the UK will now apply for British citizenship to ensure their rights are maintained. I think it was Migration Watch who said that Brexit would see a large increase in UK population before the Brexit date. I agree with them.

[tobyjugg2]

http://www.theguardian.com/politics/2016/jun/24/alex-salmond-second-scottish-independence-referendum-is-certain

 

 

http://www.independent.co.uk/news/uk/home-news/eu-referendum-result-nicola-sturgeon-martin-mcguiness-call-for-scotland-and-northern-ireland-to-stay-a7099911.html

[tobyjugg2]

wonder in any EU collapse will come before a SCram, making the SCram pointless?

 

Now if the EU quickly rebounds

 

Goodbye Scotland you must leave us,

Though no-ones heart is broke I know,

Hadrian feels that he was justified,

Off to rebuild the wall we go ...

 

 

or perhaps end with

 

Boris calls for Polish migrants

to rebuild the wall then Goooo.