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.

[bright.ton42]

I'd honestly like to read what Tommy has to say,  I find all the differing viewpoints interesting, but I can't handle

a huge block of text without spaces. 

[the_great_she_elephant]

I think the wisdom of ever putting the mattter to a public vote can be summed up in two words - Boaty McBoatface.

[tommy.irene]

https://www.theguardian.com/australia-news/2016/jul/01/everything-you-need-to-know-about-the-austral...

[electric*mayhem*band]

Thomas, are you sure you're on the right thread ? Shouldn't you be on here ?

https://community.ebay.com.au/t5/Community-Spirit/Aussie-Elections-What-a-Dilemma/td-p/1963257

THIS POST WAS BROUGHT TO YOU COURTESY OF

[tommy.irene]

http://thebrexitplan.com/

[electric*mayhem*band]

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@tommy.irene wrote:
http://thebrexitplan.com/

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Shamelessly Stolen From Here:

 https://community.ebay.co.uk/t5/The-Round-Table/Brexit/td-p/4854908/page/10

[tommy.irene]

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@electric*mayhem*band wrote:

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@tommy.irene wrote:
http://thebrexitplan.com/

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Shamelessly Stolen From Here:

 https://community.ebay.co.uk/t5/The-Round-Table/Brexit/td-p/4854908/page/10

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John Black sent it to me.. Ha..ha..  Its a goodone isnt it..

[baybizz]

Re the Guardian link in #113, I am surprised at how the Australian system is much more complicated than the UK's.

[***super_nova***]

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@tommy.irene wrote:

The best part is.......................................................... The Netherlands for instance does not allow you to remain n the country without a job for longer than 6 months.

You are monitored upon arrival.. your papers checked. 

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There is no reason why UK could not do the same.  I wonder how many UK people go to European countries, especially the Nordic ones with their very generous benefits.  With cost of living in the UK as it is I doubt that many Europeans can survive there, especially in places like London, without getting a job.  

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@tommy.irene wrote:

 The EU dosent give you free money or houses . The Uk does that..

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The idea that migrants get FREE housing has been canvassed around by various anti immigration groups for decades and is FAULSE; not just in UK, I believe it started first in Canada, but I know people here in Australia who have absolutely unshakable conviction that all refugees who come to Australia get free fully furnished house and a car.  

No political party in the world would do something like that; it would be a political suicide.  Of-course, people who arrive here with nothing do need some help to get themselves set up, but that is usually done by charities and refugee supporter groups. 

[the_great_she_elephant]

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Excuse me, but why are you making a connection between Nigel Farage saying "without a bullet being fired". and the tragic, heartbreaking, and the appalling and untimely death of Jo Cox ? How long after someone is killed by whatever means, do you suggest is a reasonable elapsed space of time before the way in which they died, is mentioned again ? You claim a week approx, yes ? That had absolutely nothing to do with it.

I'm making the connection because Farage's claimi that Brexit had been acheived without a bullet being fired  was patently untrue. A bullet was fired and a woman died - and if the Brexit campaign wasn't the sole reasont behind it, no-one could deny it was a very, very  major incitement in the warped mind of the perpetrator. 

To suggest, only a week after the victim had beeen buried, that 'not a bullet had been fired, indicates either  gross insensitiviy or a callous refusal to accept the truth