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https://www.bloomberg.com/news/articles/2016-06-24/global-recession-risk-above-50-on-brexit-t-rowe-price-warns this is kinda bad
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Jun 24, 2016 08:40
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Hey Britain what's the typical amount of USD pocket change I'll have to throw to get you guys to dance on the spot when I'm there on vacation in 5 years?
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Jun 24, 2016 08:40
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From UKMT: T. Rowe Price estimates that we are now more likely to enter a recession than not. e;fb
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Jun 24, 2016 08:40
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SMILLENNIALSMILLEN posted:Somebody explain to me real quick why they are qutting if they got their way? Wasnt the vote camerons idea? Cameron's party was split, he was the half of his party that didn't want to leave. He promised the brexit group that if they gave him another term as prime minister that he would totally give them a brexit vote, pinky swear. And then it turned out that he couldn't weasel out of it, and even worse it actually passed. Typical deal-with-the-devil stuff. Always read the fine print.
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Jun 24, 2016 08:41
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Junior G-man posted:120 billion pounds wiped off already. SynthOrange posted:Here in the southern colony the share market imploded to the tune of 50 billion aussiebucks today links for these hard numbers please
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Jun 24, 2016 08:41
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vanbags posted:The more I read about this the more confused I get. I was reading an article that Britain could still negotiate a deal with the EU in the same vein as Norway, to maintain unfettered access to the European markets, but it pointed out that Norway has to adopt 3/4 of the EU rules and legislation. Assuming Britain can't get a better deal than Norway, this seems like a lot of trouble to still end up in the same boat, only this time you're losing the ability to actually vote on EU laws. Is that not a worse deal? What does Norway get out of not being part of the EU that Britain could also enjoy? Honestly despite being "not part of the EU" Norway is in practice as integrated or more integrated with the EU than the UK is (was). And of course Norway is a Schengen member, despite not being part of the EU (same with Switzerland), which you would think is the most relevant part to the dinguses whining about borders. But that wasn't the point. A lot of people voting to leave are not making what you or I would consider to be an informed or rational decision.
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Jun 24, 2016 08:43
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pillsburysoldier posted:links for these hard numbers please http://www.abc.net.au/news/2016-06-24/brexit-sees-british-pound-slump-aussie-dollar-follow/7540150
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Jun 24, 2016 08:43
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gay picnic defence posted:http://www.abc.net.au/news/2016-06-24/brexit-sees-british-pound-slump-aussie-dollar-follow/7540150 Meanwhile Finland's stock market is closed due to midsummer
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Jun 24, 2016 08:46
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FTSE recovering from 8% to about 4.5%? Europe still crashing though?
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Jun 24, 2016 08:49
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http://markets.wsj.com/europe : It's a bloodbath, Ireland is down 16%, Spain down 14%, France down 11%
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Jun 24, 2016 08:49
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the dying breath of the British Empire is not a noble and dignified peaceful death in bed it's a particularly wet and raunchy fart directed at immigrants and refugees
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Jun 24, 2016 08:49
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you thought it was just a little gas, but then you poo poo your loving pants
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Jun 24, 2016 08:50
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What a bunch of loving imbeciles. The markets will probably recover a bit soon [edit: I loving hope so, my portfolio is down 6%, thanks Cameron  ] but in the long run I still have no idea how somebody could think this was a good idea. Also why the hell was such an huge change contingent on a 50%+1 vote  what if next month 51% want to go back to EU?
mobby_6kl fucked around with this message at 08:55 on Jun 24, 2016 |
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Jun 24, 2016 08:51
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mobby_6kl posted:What a bunch of loving imbeciles. Next month? I'd wager more than that want to go back to it right now.
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Jun 24, 2016 08:51
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gradenko_2000 posted:http://markets.wsj.com/europe : It's a bloodbath, Ireland is down 16%, Spain down 14%, France down 11% Weirdly, the Nordic countries seem fine...
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Jun 24, 2016 08:51
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Carney sounds like he knows what he's doing. Does he?
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Jun 24, 2016 08:52
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SynthOrange posted:Here in the southern colony the share market imploded to the tune of 50 billion aussiebucks today  Soon.
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Jun 24, 2016 08:52
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NewMars posted:Next month? I'd wager more than that want to go back to it right now. Unlikely. I would be surprised if they weren't rationalizing this away as "bankers trying to punish us for leaving" or "everything will go back to normal, this is a great time to buy buy buy!"
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Jun 24, 2016 08:52
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ComradeCosmobot posted:Weirdly, the Nordic countries seem fine... It's because our exchanges are closed due to midsummer holiday. e: Both denmark and norway down ~4%
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Jun 24, 2016 08:53
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ComradeCosmobot posted:Unlikely. I would be surprised if they weren't rationalizing this away as "bankers trying to punish us for leaving" or "everything will go back to normal, this is a great time to buy buy buy!"
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Jun 24, 2016 08:55
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gradenko_2000 posted:http://markets.wsj.com/europe : It's a bloodbath, Ireland is down 16%, Spain down 14%, France down 11% Germany up 19%  e: nvm VDAX is a volatility index, DAX is down 7% too.
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Jun 24, 2016 08:55
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vanbags posted:Even if it were a case of everyone waking up tomorrow with a giant hangover of regret, didn't the EU make it clear that they'd be out forever? Or maybe that was just an idle threat. In theory, they aren't even on a course for "out" until they actually invoke Article 50. It'd be pretty hard to not do so with this mandate though. Paul MaudDib posted:Germany up 19% Pretty sure that's a volatility index, not a price index.
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Jun 24, 2016 08:56
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Merkel orchestrated the whole thing obviously
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Jun 24, 2016 08:56
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Well my sister's boyfriend is already being made redundant as a direct result of this. I'm so glad I'm getting my Swedish citizenship back. This is all hosed .
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Jun 24, 2016 08:57
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Congratulations on ruining millions of lives in a single night Brits, I hope it was worth it.
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Jun 24, 2016 08:57
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Paul MaudDib posted:Germany up 19% looks like Hillary and Angela gonna be best friends, while whomever replaces Cameron as PM of the shitwreck that is the UK will be very sad and lonely
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Jun 24, 2016 08:58
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Morbus posted:Honestly despite being "not part of the EU" Norway is in practice as integrated or more integrated with the EU than the UK is (was). And of course Norway is a Schengen member, despite not being part of the EU (same with Switzerland), which you would think is the most relevant part to the dinguses whining about borders. This. Leave voters think leaving the EU will mean all immigrants stop coming here forever, which will magically make everything better, and also will in no way affect our economy for the worse. They haven't thought anywhere near as far ahead as "what actually happens once we leave?"
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Jun 24, 2016 09:01
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A Pale Horse posted:Congratulations on ruining millions of lives in a single night Brits, I hope it was worth it. Given the UK's history, it actually sounds pretty par for the course.
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Jun 24, 2016 09:02
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This is like proving you're a crack shot by blowing your brains out
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Jun 24, 2016 09:04
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ComradeCosmobot posted:Weirdly, the Nordic countries seem fine... Midsummer eve bitches, national holiday. The bloodbath won't start until Monday.
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Jun 24, 2016 09:04
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Corrode posted:This. Leave voters think leaving the EU will mean all immigrants stop coming here forever, which will magically make everything better, and also will in no way affect our economy for the worse. They haven't thought anywhere near as far ahead as "what actually happens once we leave?" We're going to see a storm of articles about the difficulties and costs of all this in the coming weeks which, of course, comes rather late. We're already seeing articles like 'well your holidays will be poo poo and expensive, also your taxes and mortgage rates will go up' Real great, thanks guys. What a shitshow the remain campaign was. Also lol at the remain dudes going 'voters voted with their emotions and didn't listen to expert advice' you're politicians for gently caress's sake. You should know this
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Jun 24, 2016 09:06
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So how many offshore British accounts just became worthless?
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Jun 24, 2016 09:07
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https://www.youtube.com/watch?v=hzk48wgZj5g Here's Carney doing his "all is well" dance.
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Jun 24, 2016 09:09
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NLJP posted:We're going to see a storm of articles about the difficulties and costs of all this in the coming weeks which, of course, comes rather late. We're already seeing articles like 'well your holidays will be poo poo and expensive, also your taxes and mortgage rates will go up'
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Jun 24, 2016 09:11
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Kazak_Hstan posted:How likely is this to hit the sweet spot where it makes a Scotland vacation cheap in January, but doesn't actually ripple out enough to crater the U.S. economy? I'm hoping for this to go visit my friend getting her masters in Edinburgh around the Sept-Nov timeframe.
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Jun 24, 2016 09:12
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NLJP posted:We're going to see a storm of articles about the difficulties and costs of all this in the coming weeks which, of course, comes rather late. We're already seeing articles like 'well your holidays will be poo poo and expensive, also your taxes and mortgage rates will go up' Those articles have already been out for a few months and it all got done off as scaremongering.
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Jun 24, 2016 09:12
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Junior G-man posted:https://www.youtube.com/watch?v=hzk48wgZj5g This is the most American sounding
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Jun 24, 2016 09:14
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Domattee posted:Those articles have already been out for a few months and it all got done off as scaremongering. Turns out fear politics loses effectiveness if you keep it on full blast nonstop
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Jun 24, 2016 09:16
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https://www.youtube.com/watch?v=29Mg6Gfh9Co
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Jun 24, 2016 09:17
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unlawfulsoup posted:Don't get me wrong, I am not really saying this was a good idea. I just don't see a UK apocalypse or anything.
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Jun 24, 2016 09:20
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