Who is in and who is out?
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Max Power
Established Member
What relevance are Nigel Farages views on economic matters which he has no bearing over ?
On a side note , all we need is Bliar to be impeached for war crimes and life would be perfect , can't expect all your wishes to come true though .
On a side note , all we need is Bliar to be impeached for war crimes and life would be perfect , can't expect all your wishes to come true though .
BearTricks
Established Member
Jacob":2gtxikrh said:
Sorry, formatting mistake. Fixed it.
Don't want to talk about the politics but my thoughts and sympathies are with those working who will now be affected by the economic uncertainties in the coming months.
The last recession was really rough for those caught up in it, I saw a lot of good firms and individuals wiped out by it. I also remember how desperate people were for a job - hardly conducive to rising wages.
Anyway at least we have those juicy £350m NHS construction projects to look forward to.
The last recession was really rough for those caught up in it, I saw a lot of good firms and individuals wiped out by it. I also remember how desperate people were for a job - hardly conducive to rising wages.
Anyway at least we have those juicy £350m NHS construction projects to look forward to.
Cheshirechappie
Established Member
Listening to the coverage on Radio 4 this morning, I was initially quite startled about the apparent tone of bewilderment from many. It was as if they hadn't really taken the possibility of a Brexit vote seriously at all. Given that the referendum had, by definition, two possible outcomes, they surely should have done?
Maybe that's a reflection of something that's been rumbling about for some time; a feeling of a growing gulf between the governed and the governing (including some big business, especially the major banks). That gulf seemed widest between ordinary people and the institutions of the EU, and is felt most keenly by those furthest from the levers of power. It may take some time for the dust to settle, but settle it will in time; then perhaps we might see governance becoming more responsive to ordinary people's thoughts, fears and aspirations. I hope that happens not just in the UK, but across Europe. It's very clear that a majority (not a great majority, but a clear one) of the UK electorate is not content with more EU integration, and we have seen growing discontent with the EU's direction across Europe. Let us hope this gives the EU elites pause for thought - change through the ballot box is infinitely preferable to change in some other ways.
Maybe that's a reflection of something that's been rumbling about for some time; a feeling of a growing gulf between the governed and the governing (including some big business, especially the major banks). That gulf seemed widest between ordinary people and the institutions of the EU, and is felt most keenly by those furthest from the levers of power. It may take some time for the dust to settle, but settle it will in time; then perhaps we might see governance becoming more responsive to ordinary people's thoughts, fears and aspirations. I hope that happens not just in the UK, but across Europe. It's very clear that a majority (not a great majority, but a clear one) of the UK electorate is not content with more EU integration, and we have seen growing discontent with the EU's direction across Europe. Let us hope this gives the EU elites pause for thought - change through the ballot box is infinitely preferable to change in some other ways.
Jacob
New Luddism. Awake and resist!
http://www.telegraph.co.uk/news/2016/06 ... a-mistake/Ali":1e6xbznq said:
AJB Temple
Finely figured
Interesting reactions on here for those who work in the wood industry?
Most of our timber is sourced from overseas. Weaker pound pushes the prices up. Anyone sourcing things like oak via French lumber yards (even if your Merchant is in the UK) will see this in short order. My main oak supplier (I am not a big customer but I buy several cubic metres each year) I reckon has less than 4 weeks stock and is beholden to France for supply. He is looking at 20% price increases for materials and haulage compared with 4 months ago. His customer base will shrink.
If we get recessionary deflation, as seems quite possible, the building and associated industries will see a very rapid downturn and falling demand reduces prices and increases competition for work.
There will be some tough times ahead and people may get to find out quite quickly the price they are paying for sentiment. It remains to be seen whether out was a good idea or whether in fact the turkeys voted for Christmas.
Most of our timber is sourced from overseas. Weaker pound pushes the prices up. Anyone sourcing things like oak via French lumber yards (even if your Merchant is in the UK) will see this in short order. My main oak supplier (I am not a big customer but I buy several cubic metres each year) I reckon has less than 4 weeks stock and is beholden to France for supply. He is looking at 20% price increases for materials and haulage compared with 4 months ago. His customer base will shrink.
If we get recessionary deflation, as seems quite possible, the building and associated industries will see a very rapid downturn and falling demand reduces prices and increases competition for work.
There will be some tough times ahead and people may get to find out quite quickly the price they are paying for sentiment. It remains to be seen whether out was a good idea or whether in fact the turkeys voted for Christmas.
AJB Temple
Finely figured
Just had a conversation with my brother who voted out. As did most of his colleagues he thinks. He works for a company that makes ranges and cookers for both the domestic and commercial sectors. Virtually all of their products are sold in the UK (the design is not popular in Europe) and virtually all of their materials (specialist steel and electronics) are sourced from Europe. So they get the double whammy of hardly any exports and high level of imports. They have failed to obtain these materials in the UK previously. I commented that the logic behind his voting decision is interesting. He voted to deal with the "immigrant problem". Despite their being no immigrant problem where he lives or where he works.
The company is owned by an american investor. He has already warned the workforce today that redundancies are likely. Interesting times.
If current massive fall in FTSE is sustained, pension pot values will be down as well. We will all be working longer for less perhaps?
The company is owned by an american investor. He has already warned the workforce today that redundancies are likely. Interesting times.
If current massive fall in FTSE is sustained, pension pot values will be down as well. We will all be working longer for less perhaps?
paulm
IG paulm_outdoors
AJB Temple":3dvd0wka said:
I recall some months back a number of well regarded investment gurus (for want of a better description) warning that shares were significantly over valued and that a large market correction was inevitable before long, and advising their clients to reduce their exposure to equities where possible. That was not tied to or related to the in/out vote, just views on an over inflated market.
The in/out vote has triggered a reaction today, if it wasn't that then it is very likely that something else would have done so before long.
Having said that, there has already been a partial bounce back as investors buy up shares that they believe have fallen below their inherent value, so there is always going to be swings around an event as big as this, whether it was the overly optimistic upsurge in value when remain looked like being successful, or the arguably unduly pessimistic fall now that the vote has gone the other way.
AJB Temple":9a7y6qu3 said:
I think you may be worrying unnecessarily unless you pay in US$.
Although Sterling has fallen against the $, the Euro rate is broadly the same with €1 = 80p
The exchange rates will soon recover when the markets get used to the new order.
If your supplier is already looking for a price 20% increase I dont think that is because of Brexit.
rafezetter
Troll Hunter
thetyreman":2usngj5a said:
This is exactly the sort of thing I was expecting, I had worked out a post along the lines of "it was a fair fight all round" which the numbers attest, and some might say it's easy to be magnanimous in Victory, but the truth is it's this sort of mentality that the #voteout people were fighting against.
Like an addict screaming for a fix of their drug of with words like "you are KILLING ME!!!!" wholly unable to grasp it is the drug doing that and the intervention taking place is the ONLY WAY to recovery.
It will get bad, there will be trying times for at least a year and more, but as any independant nation will tell you, we now have the power to stand, or fall, by own efforts without the intrusions of others.
And we WILL STAND; with a stronger sense of our position in the world, and a stronger sense of pride. Time and again throught history the people of Great Britain have proven, when pushed to fight, we have had the power to change the face of the earth. We will not need to this time, but that ember, however much diminished still lives.
Not only stand, but we will LEAD again, just as we have for so many generations, because we are GREAT BRITAIN and that's how we roll
Not since the falklands war have I felt a palpable national pride in Britain.
Edit: as an aside it's also interesting that the EU leaders have told us to pack our bags and get out as fast as we can, some might say that they are worried the #voteleave could be infectious
Droogs
Not the Sharpest Moderator in the box
Chaos rules. It would be funny if not so serious. Britania rules sod all, she hasn't even got enough warships (19) to rule the channel. And I think it is more than probable that Scotland will have a 2nd referendum and leave the UK and stay within the EU. My concern is that N. Ireland could implode as the demands for a referendum there grow, funny how the Irish unionists have in all likelyhood helped rip it apart. ah well roll on the zombie appocalypse :roll:
BearTricks
Established Member
AJB Temple":g4e4ueva said:
That's the problem with all the misinformation. People could potentially be voting for something which hurts them, based on overhyped ghost stories.
I'm interviewing for a public sector job on Thursday and I've been digging around to find out how it's funded. It's a bit of a mess but there's a vague section in the documents which hints at EU funding. I'm half expecting to get a call letting me know that it's on hold for the forseeable future.
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thetyreman":3vn5zeou said:
Yep, totally bloody stupid decision.
Scotland and NI both democratically voted to stay, but as usual over ruled by a nation that cares little for those outside their insular domain. Personally my business will be finished if A50 is invoked. My kids will not be able move or live or work freely in Europe. Every local overseas company that set up here as a gateway to Europe will likely up sticks and move. Border controls up again, waiting in queues to enter or exit. Economy starting to slide, GBP already falling.
I am so fooking annoyed at this, thanks a bunch, this is going to hurt a lot of people and a lot of families.
Best of luck with this ejit:
Noel":1xyrgmwx said:thetyreman":1xyrgmwx said:
Yep, totally bloody stupid decision.
Scotland and NI both democratically voted to stay, but as usual over ruled by a nation that cares little for those outside their insular domain. Personally my business will be finished if A50 is invoked. My kids will not be able move or live or work freely in Europe. Every local overseas company that set up here as a gateway to Europe will likely up sticks and move. Border controls up again, waiting in queues to enter or exit. Economy starting to slide, GBP already falling.
I am so fooking annoyed at this, thanks a bunch, this is going to hurt a lot of people and a lot of families.
Best of luck with this ejit:
Yes, if he becomes PM my Boris Johnson piñata business will be out the window.
The really sad thing about the referendum is the total inability of some politicians and the media to accept a result that they have campaigned against.
I stayed up watching the coverage on TV and some of the comments by certain politicians were truly astonishing.
Alastair Campbell (yes the dodgy dossier merchant) was outraged by the result and referred to the electorate as "these people just dont understand"
Anna Eagles said "the electorate weren't listening to us", actually pet, the electorate did listen to you, they just didn't like what you said.
The concept that they were out of touch with the electorate was totally alien to them.
They were outraged that Cameron had given the electorate the chance to vote on EU membership.
The Remainiacs have clearly forgotten the "Love not Hate" soundbite as a bunch of louts chased Boris' car down the road, banging on the roof screaming scum and other such choice words. (and Remain were trying to suggest it was the Leavers that were ill educated!)
EU spokespeople were upset about Brexit because "we have lost the second biggest contributor to the EU budget" with no acknowledgement that the EU had done anything wrong to block attempts at reform.
Yes, there may be short term spikes and troughs in the markets (although currency and stock markets are recovering) but in the long run this is a great opportunity to control our own destiny.
As for referendum votes in Scotland let them. It is Scotlands right to have another referendum if they wish. I doubt they would really vote to leave the UK and go to Europe because with the UK contribution, I doubt the EU would give them anything like the cash they get through the Barnet Formula but I would accept their democratic decision.
Similarly with Northern Ireland, if the majority wish to leave the UK and join a unified Ireland then that is their prerogative and I would accept their decision if that is what they want to do.
I stayed up watching the coverage on TV and some of the comments by certain politicians were truly astonishing.
Alastair Campbell (yes the dodgy dossier merchant) was outraged by the result and referred to the electorate as "these people just dont understand"
Anna Eagles said "the electorate weren't listening to us", actually pet, the electorate did listen to you, they just didn't like what you said.
The concept that they were out of touch with the electorate was totally alien to them.
They were outraged that Cameron had given the electorate the chance to vote on EU membership.
The Remainiacs have clearly forgotten the "Love not Hate" soundbite as a bunch of louts chased Boris' car down the road, banging on the roof screaming scum and other such choice words. (and Remain were trying to suggest it was the Leavers that were ill educated!)
EU spokespeople were upset about Brexit because "we have lost the second biggest contributor to the EU budget" with no acknowledgement that the EU had done anything wrong to block attempts at reform.
Yes, there may be short term spikes and troughs in the markets (although currency and stock markets are recovering) but in the long run this is a great opportunity to control our own destiny.
As for referendum votes in Scotland let them. It is Scotlands right to have another referendum if they wish. I doubt they would really vote to leave the UK and go to Europe because with the UK contribution, I doubt the EU would give them anything like the cash they get through the Barnet Formula but I would accept their democratic decision.
Similarly with Northern Ireland, if the majority wish to leave the UK and join a unified Ireland then that is their prerogative and I would accept their decision if that is what they want to do.
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