Brexit - Yes or No?

[icyfroth]

Warnings about global economic fallout if Britain votes to leave the European Union are reaching fever pitch a day out from the so-called Brexit referendum.

In an op-ed in the Guardian, billionaire currency trader George Soros said a "Leave" vote could severely damage British living standards and potentially trigger a major crash in the British pound.

Economists divided on Brexit

BlackRock managing director and global chief investment strategist Richard Turnill said if Britain does exit, he expected to see volatility and significant declines in the Sterling.

"We expect to see significant declines in domestic UK assets, particularly smaller, mid-cap equities, but actually as you've seen over the last few days, the volatility I think is going to extend to broader European assets and global assets. I think you'll see flows into safe havens in the event of an exit, back into treasuries, back into gold," Mr Turnill said.

But British economist Roger Bootle, the founder of Capital Economics disagreed, arguing the UK would not be necessarily worse off if it left the EU.

"It's not going to be a case of European politicians saying to their own industries and to us we can't trade, that would be illegal under WTO rules," Mr Bootle said.

"It's going to be a matter of the EU if worse comes to worse, treating us exactly as they treat all sorts of countries around the world, including the United States, India, China, Japan, etc."

http://www.abc.net.au/news/2016-06-22/warnings-about-global-economic-fall-out-of-brexit-reaches-feve...

My son, who lives in England and works in the finance sector in London, wants England to stay in the EU. I say they should leave. We've been sending each other terse emails.

[tommy.irene]

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@electric*mayhem*band wrote:

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@imastawka wrote:

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@tommy.irene wrote:
http://metro.co.uk/2016/06/25/spain-seems-to-be-offering-sanctuary-to-brits-escaping-brexit-5966014/

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The image was Photoshopped from a ‘Refugees Welcome’ banner displayed back in September 2015.

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Forum Gold Stawks, forum gold. Poor Tommy, it's all that sun on the Costa del Crime that's getting to hiim. In fact he's never been quite the same since he left the Emerald Isle.

*bites knuckles*

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I know i posted as a Joke to liven up the thread...  this is the latest one..

[tommy.irene]

http://www.irishcentral.com/opinion/others/English-didnt-give-a-hoot-about-North-or-Scotland-in-Brex...

[tommy.irene]

http://www.nottinghampost.com/soubry-says-white-working-class-leave-voters-have-probably-never-even-...

[colic2bullsgirlore]

There was a mooted Scexit from the Brexit

for the word had got around that the vote

was too close to make it thine.

With a whirl of tartaned thighs, a sporran and sparkling eyes

it was murmured the ghost of Black Agnes had arrived.

Then the Paddys had a turn

for reconciliation they did yearn

an Irexit from the brexit?

Tykes and orangies all one again

Oh when oh when will the exits ever end

[baybizz]

~

[davidc4430]

maybe britan will start its own boys own club and invite the euro countries to join them.

take that brussells!

[electric*mayhem*band]

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@colic2bullsgirlore wrote:

There was a mooted Scexit from the Brexit

for the word had got around that the vote

was too close to make it thine.

With a whirl of tartaned thighs, a sporran and sparkling eyes

it was murmured the ghost of Black Agnes had arrived.

Then the Paddys had a turn

for reconciliation they did yearn

an Irexit from the brexit?

Tykes and orangies all one again

Oh when oh when will the exits ever end

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That'll be Fishface then, Nicola Sturgeon.

[tasfleur]

No, I would never vote for Tasmania to secede.   It's too small, could not hold it's own financially in health, education and all the other social needs .. not only that, it needs to be a part of Australia, just like it is now in my opinion ... if there ever was a Tasmanian secession, Mr. Tas and I would leave here very quickly ....

[electric*mayhem*band]

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@davidc4430 wrote:

maybe britan will start its own boys own club and invite the euro countries to join them.

take that brussells!

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I say David old bean, what a damned good idea. Spiffing old chap, and a jolly good show for suggesting it. We'll have it in the posh part of the West End of London, smack bang in the middle of Jermyn Street. We'll kick out Turnbull and Asser from their HQ like we booted out those blackguards in Brussels, and have it in there.

Yearly membership fees will of course have to reflect our social standing, and be in guineas. 

[the_great_she_elephant]

A new refernedum in Scotland could prove very interesting. and wouldn't it be ironic if "Independance for Britain" turned out to be the catalyst  that finally drove Northern Ireland it into a reunion  with Eire.