[Merged]Brexit stuff

[scooterscot]

UK construction sector in recession


Operation Wrexit continues.

[GB9]

S&P is about to downgrade the UK credit rating again due to the lack of currency reserves and the fall of Sterling.

So what?

[scooterscot]

Banks may open a small office in Luxembourg but the big players have indicated that if they move they will go to NY.

So they'll retain access to the EU marketplace from NY several time zones away rather than moving to the EU?

Nurse! Nurse!

[Chuck]

S&P is about to downgrade the UK credit rating again due to the lack of currency reserves and the fall of Sterling.

And rightly so, given the uncertainty we face. Why would anyone expect otherwise?

[GB9]

UK construction sector in recession


Operation Wrexit continues.

Have you voted to leave the UK yet?

Just out of interest, if you vote 52 / 48 to leave, is that a big enough margin?

And if the majority in parliament don't want you to leave, should they be able to vote against it even though the people say otherwise?

Still waiting for you to work out what happened to Unilever yesterday.

[scooterscot]

And rightly so, given the uncertainty we face. Why would anyone expect otherwise?

No one cares about the expectation. Everyone cares about our debt from international lenders increasing our interest rates after the downgrade. If the markets get so much as a whiff we're struggling with our debts it'll be GAME OVER

[Chuck]

So they'll retain access to the EU marketplace from NY several time zones away rather than moving to the EU?

Nurse! Nurse!

I don't believe any of them will move out. They may relocate some functions, but nobody is going to move lock stock.

Just like Unilever yesterday, and every other entity that has an interest, they are playing the politicians to gain an advantage for themselves.

[GB9]

So they'll retain access to the EU marketplace from NY several time zones away rather than moving to the EU?

Nurse! Nurse!

You really haven't got a clue, have you?

Try reading what the CEOs of these banks are saying. Do I need to do everything for you?

[DodgyAgent]

And rightly so,to prove that we remoaners were right after all

[Old Greg]

S&P is about to downgrade the UK credit rating again due to the lack of currency reserves and the fall of Sterling.

The sweet smell of freedom.