Thread: The U.K and the E.U - In or out?

Originally Posted by DrB0b

Originally Posted by HermantheGerman

^

Let me guess ? Your a civil servant

I'm neither civil nor servile.

But maybe a bit senile ?

The polling booths are now open. They close at 2200 BST (0400 Thai). Result expected circa midday (Thai) tomorrow.

Thanks for that info.

The leaders on both sides have been found guilty of multiple fabrications. (telling lies). As they are mostly university educated their research has been of an appalling standard.They may believe the electorate is stupid, but if I was marking their work, it would be returned covered in red ink with the comment 'bullshit. Do it again'.
Let's not forget these are the people running the bloody country. Shudder!

The way I look at it, if we weren't in the EU and there was a vote tomorrow to join, what would you do?

Probably the most compelling argument for Brexit since this most disgraceful campaign began.

Leave the bugger.

Why would anybody believe a word the bankers, or the politicians who have consistently supported them, say?

They have been asked to stress test their own banks, presumably so the regulator has something to use - if required.

It's not particularly the test or the outcome it's the timing!

For those that beleive the bookies may have a better feel. Here is a comparison between the amounts bet the for leave and remain punters.

Apparently the remain voters bet higher sums per bet as compared to the remain voters who have many more bets but for smaller sums.

One way, again to "persuade" the betting voter?

Something Strange Emerges When Looking Behind The "Brexit" Bookie Odds | Zero Hedge

"Talking to CNBC, Shaddik quantified the latest odds, which not surprisingly, put Remain's chances of success some three times greater than those of Leave: "at the moment, the odds are suggesting there is a 76 percent chance the U.K. will vote to stay in the European Union", once again caveating that this is "despite the polls still showing this is more or less a dead heat."

But is that really the case?


When one looks at the actual dynamics within the bookies, an odd divergence emerges. As Shaddick said, when looking at the underlying flows determining bookie odds, there is a very clear divergence when it comes to number of bets versus the amount of any given bet: "Although Ladbrokes has received a higher volume of bets to leave the EU, those making a punt on remain were placing higher financially larger. Shaddick revealed the average stake on a bet to remain was £450, compared to £75 on a bet to leave."
In other words, a few large bettors are skewing the bookie odds dramatically in the favor of Remain, even as the mass of bettors is betting on Leave, albeit with smaller cash amounts. Another way of putting it: a substantially outsized influence by a wealthy minority over the poor majority, just like in every other aspect of life.

Moments ago Ladbrokes confirmed as much when it pointed out that while the probability of Brexit remains at only 24%, two thirds or 62% of all bets being placed today are for Leave, the same as yesterday."

Originally Posted by Bettyboo

Why would anybody believe a word the bankers, or the politicians who have consistently supported them, say?

Only if suicidal.

It would appear from all the reading I have done on this that the main negative impact of a leave vote would be on bankers, large companies and investors (gamblers) on shares, bonds, currencies etc, in other words the rich and they are doing their best to influence a vote by scare-mongering.

So what would the impact of a leave vote be on the ordinary man, or woman on the street ?

in other words the rich

at what level of income does ones status change from "poor" to "rich"
is it just anybody with more money than the person making the statement, or is it an epithet based on envy.



it is not only the "rich" who have investments the stock markets.

anybody with a pension fund, i.e. most people are affected by the poor performance of stocks and shares.

the price of imports is dependant on the rate of exchange, i.e. the value of the pound.
the uk imports much more than it imports, foodstuffs, medicines, cars, oil, you name it, the uk imports it, and if the value of the pound falls then those exports become more expensive.

^^ birding; Bugger all, probably.

Originally Posted by OhOh

Some senior financiers saw worrying echoes of the 2008 financial crisis. Lord Mervyn Davies, the former Standard Chartered chairman and Labour minister, said: “Everyone’s fearing a 2008 freeze of the wholesale markets. If that happens [the Bank of England] is going to have to step in as a buyer of all assets.”

So if things go bad the banks want bailed out again, Bank of England, read taxpayers.

Should be putting these, born to be rich, no matter what they do against a wall, if banks and financial systems fail in this alleged global economy, then it's their money they gambled, not the taxpayers.


Tax, in this case rich means, the taxpayer will pay to keep you rich and powerful, no matter what.

What happens if it's a score draw?

^

same as always, the germans win on penalties

Originally Posted by birding

It would appear from all the reading I have done on this that the main negative impact of a leave vote would be on bankers, large companies and investors (gamblers) on shares, bonds, currencies etc, in other words the rich and they are doing their best to influence a vote by scare-mongering.

So what would the impact of a leave vote be on the ordinary man, or woman on the street ?

Every British citizen who lives abroad or wants to go on holiday abroad will have to shell out £72.50 for a new passport as all current UK passports have "European Union" in shiny gold letters across the the top

thanks for that bob, i was under the mistaken impression that anybody with a less than three 50" flat screen tvs in the house ( four if the householder is of the islamic faith ) is considered to be severely disadvantaged, classified as living in poverty and in urgent need of government help.

Originally Posted by DrB0b

Originally Posted by birding

It would appear from all the reading I have done on this that the main negative impact of a leave vote would be on bankers, large companies and investors (gamblers) on shares, bonds, currencies etc, in other words the rich and they are doing their best to influence a vote by scare-mongering.

So what would the impact of a leave vote be on the ordinary man, or woman on the street ?

Every British citizen who lives abroad or wants to go on holiday abroad will have to shell out £72.50 for a new passport as all current UK passports have "European Union" in shiny gold letters across the the top

I'm sure that a 5 pence sticker to cover the 'European Union' would suffice, and would almost certainly be free. Hardly an issue to persuade 'Leavers' to become 'Remainers'.

Originally Posted by DrB0b

Originally Posted by birding

It would appear from all the reading I have done on this that the main negative impact of a leave vote would be on bankers, large companies and investors (gamblers) on shares, bonds, currencies etc, in other words the rich and they are doing their best to influence a vote by scare-mongering.

So what would the impact of a leave vote be on the ordinary man, or woman on the street ?

Every British citizen who lives abroad or wants to go on holiday abroad will have to shell out £72.50 for a new passport as all current UK passports have "European Union" in shiny gold letters across the the top

Money well spent!

I always wanted one of those Black GB passports.

Cheers Bob, you voted yet?

Remember to take a pen because the fookers put pencils in the polling booths, i wonder why...

Originally Posted by Chittychangchang

I always wanted one of those Black GB passports.

Blue.

Originally Posted by Chittychangchang

Cheers Bob, you voted yet?

Twice!

Originally Posted by taxexile

thanks for that bob, i was under the mistaken impression that anybody with a less than three 50" flat screen tvs in the house ( four if the householder is of the islamic faith ) is considered to be severely disadvantaged, classified as living in poverty and in urgent need of government help.

Glad you realised your mistake and it's good to know you'll be cutting down on the Sir Bufton Tufton Daily Mail style buffoonery in future.

Been watching BBC, CNN, TV5 France and just about any news agency I have. Hoping to get a feel for how the vote is going. The silence is deafening. Mum's the word until polls close. Didn't know there was such a law in UK. Live and learn.