Originally posted by scooterscot
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[Merged]Brexit stuff
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Originally posted by GB9 View PostBut if she did we would get all the bleating about us not being ready etcComment
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Currency crash here we come! Will force a lot of coming decisions;/)"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by jamesbrown View PostNah, this was an algo misfire in an illiquid trading period. IIRC, that's the third largest move in Cable ever.Comment
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Originally posted by sirja View PostAll that talk about 'Not being ready' is being made by those who are still under the delusion that there's a 'deal' somewhere to be made. Look I voted remain, I strongly believe that was the right choice, but I accept the country voted a different way. What we have to do now is be as realistic as possible. I firmly believe the EU will NOT budge on single market MEMBERSHIP, without free movement. They can't. Even if the EU council somehow fudge it, you can be sure the EU Parliament will never approve it. That's just the reality. So I don't see the point of wasting precious time trying to get such a deal in the first place. We should just accept we'll be trading with the EU like every nation and get on with putting the necessary structures and polices in place to support that. Such polices may well have to include 'inducements' to the banks and auto industries to remain here. Over time we can then look to negotiate a comprehensive FTA with the EU, but there is no way that can be done in 2 years. Will the economy take a hit in the short-medium term? Maybe, but there's really no other realistic way forward.Comment
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Originally posted by jamesbrown View PostScratch that, it sounds as though it was even bigger than the move overnight on 23 June, falling 10%+ momentarily (before a trade was cancelled).Comment
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Originally posted by minestrone View PostAn excellent article...
Forget for a moment that the only piece of directly discriminatory legislation – designed to discriminate on grounds of residency and in effect birth – in these islands is the SNP policy on student tuition fees. Scots and students from the EU do not pay, but English students from over the border must.Down with racism. Long live miscegenation!Comment
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Originally posted by NotAllThere View PostSmall correction. While of course it affects English students most, it's any British student who is not resident in Scotland who has to pay. Therefore my Scottish neighbour's children are also caught, as they're resident in Switzerland (which is part of the University free-movement as well). But I agree that it is really not terribly fair.Comment
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Looking less like a fat-fingered "algo error" a more a sign of nervousness on the pound triggered by Hollande's statement
https://finance.yahoo.com/news/briti...003000996.html
Recognizing the aggressive negotiating position the UK intended to take – what is being coined as a ‘hard Brexit’ – Hollande said the EU would have to meet the effort with “firmness”.
Brace yourselves
Last edited by BlasterBates; 7 October 2016, 10:17.I'm alright JackComment
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Originally posted by BlasterBates View PostLooking less like an "algo error" a more a sign of nervousness on the pound.
The pound now down 2.7%.
Brace yourselves
What is interesting was support at 1.18. It may reach that at some point.Comment
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