^
The last two posts are identical.
Fuck it, I am telling Cujo!
^
The last two posts are identical.
Fuck it, I am telling Cujo!
what's going to happen to the pound and euro if the UK votes to exit Europe?
How long is a piece of string? I suspected the Pound would drop closer to the referendum so I transferred some the other week at 51.60. Good call.Originally Posted by stamford
May be trying to scare the 'leave' voters?Originally Posted by DJ Pat
It was 52 to the £ on 1st June and started to tumble from there. Banks wouldn`t take sterling trvl chks either. I guess everyone getting jittery in case of brexit.
It'll all recover after a leave vote. No worries.Originally Posted by astasinim
Im sure whatever the outcome, things will bounce back to normal. Its just those speculators in the markets that are screwing things around at the moment and giving a false feeling of impending doom.
I rather think those who hope the collapse of the £ will be temporary in the event of a Brexit are deluding themselves.
I'm building in a further devaluation of between 15 - 20% for the next three years in calculating my budget in LoS.
The Brexit is already slaughtering the Stock Markets and the BoE has recorded a flight of £65 billions out of the UK since March.
Those whose pensions/incomes are denominated in £ should be concerned but if your pensions are index-linked to inflation then there may be some consolation since inflation in the UK is now guaranteed.
I am likening this madness of the cretinous Brexiters to the savage increase in oil prices levied by the camel jockeys in the 1970s in its significance.
The problem is, many British voters are simply ill-informed mental pygmies and no better than Isaan chickenheads.
The polls then were showing a win for the intelligent Brits in the Remain camp but since then the morons of Britain have been persuaded by the pap churned out by messrs. Johnson, Gove and that lounge lizard cvunt, Farage and most pundits, including the bookies, are predicting a clear win by the Brexit wankers.
I'm afraid the great unwashed are about to have their way.
The only consolation will be is the look on their sick faces when they fuck off on their summer grotos holidays and find out their money is worth shit - most lower end Brits cannot make the connection between events and currency exchange.
The Stock market has only dropped in the last few days. Granted, its more dramatic than in the last few years, but 2015 was a very poor year in general (dropped below 6000 at times) compared with the last few years and you cant put that down to a possible brexit. I think your prediction is perhaps wishful thinking on your part. I maintain, it will be business as usual once a decision has been made, regardless of outcome.
I aint superstitious, but I know when somethings wrong
I`ve been dragging my heels with a bitch called hope
Let the undercurrent drag me along.
Sausage devaluation or is the idiot talking about Brexits and when it can be carried into establishments that allow Brexits uncooked or cooked.Originally Posted by Seekingasylum
Of course proper protocol is required when bringing Brexits into a contolled enviroment.
The Gent as being a man of sausage knowledge and Brexit decorum should know.
Ostrich, sand........
The FTSE and other European markets have fallen again and the £ is trading at 1.41$.
A Brexit vote will see the £ at 1.30$ very quickly but further falls will follow as the chaos unfolds and when the capital flight now well under way does not reverse but increases.
My prediction that parity with the US dollar is likely seems to be gaining currency (excuse the pun) among the cognoscenti.
This is really a catastrophe but the fun thing about it all is that the Brits voting for it are so deluded they can't see it. Quite bizarre.
We are lucky at TD that we have a doyen of the stock market in our midst. Reporting all the way from that famous financial centre, Downtown Pattaya.
His myopic view is so Brit centric that he fails to see that the Brit stock market is following results in the US as is Australia.
Anyway SA the FTSE is up 53 points as I write, so I reckon you will have a few shekels left to pay for your Barshag this evening.
According to the financial press in the UK, where in fact I currently am, the FTSE has seen £100 billion wiped off the value of its shares in the past four days.
Brexit is catastrophic for the UK and of course it will see the secession of Scotland which in turn will have its impact upon what will be left of the Little Englander economy.
The £1 is still dropping .
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