Off Topic European Debate Thread

I am still British born and bred, from a long line of Anglo Saxons, have a large British family and a great many British friends that live in Britain.
What you have there is a cheap shot, which does seem to be a Brexit tactic, and I could say its disappointing but I am quite used to you

 

Day Zero - The EU want us out like yesterday. We voted to leave the club so they have said don't hang about then, get the **** out sharpish. They don't care that the Tories won't elect a new leader until October and that we are not ready for any of this, as Rodney said to Del Boy, "Y P Derek" (your problem).

Despite Junckers being the commission front man, European Parliament President Martin Schulz is the hatchet man and he is a nasty piece of work, I watched his dealings with Hungary, he always has that look about him that says he is having to concentrate very hard to suppress the internal voice telling him go psycho on you.

- the £ and the stock market are damaged
- Corbyn is rightly going to be ousted for his failure to rally the labour support
- Scotland want to quite justifiable leave having been stitched previously plus
- the 2 Ireland's are going to go back to a warlike status again.

YEAH, but we've got our country back - err, what do we do now...? - where is the grand plan.....??? - what a mess...

Worse, wait until it (eventually) dawns on Joey Essex and friends that actually, all of the things that Brexit promised them won't get done for years. I can hear it now, "you lied to us" - sound familiar...?

"Business as usual"...? - yeah right, dream on...

 

But the stock market finished 2.5% higher than Friday and is now the highest it's been since February?
The EU don't want us out ASAP, they know it will take two years. And I've not heard or read anything with them saying otherwise.
The French President confirmed the Le Touquet agreement would stay in place.
The President of the European Commission stated Brexit negations would be 'orderly' and stressed the UK would continue to be a 'close partner' of the EU.
Several countries outside the EU stated they wished to begin bi-lateral trade talks with the UK immediately.
Speaking to a Scottish co worker who said probably the reason why Scotland voted to stay in was because a huge majority didn't bother to vote!

So if you want to whine about it carry on.

 

Perhaps you should read this article "direct from the horses mouth" then...

http://www.bbc.co.uk/news/world-europe-36618317

just in case you missed this bit...

It is also clear the leaders want negotiations on a political and economic divorce to move swiftly. That means they want the UK to invoke Article 50 of the Lisbon treaty - the mechanism under which separation will be negotiated - as soon as next week, rather than wait for a new British prime minister in October.

In other words, tensions are already coming to the surface. And even though all sides are emphasising the need for co-operation, in many capitals there will be little appetite for doing the UK any favours.

There is only one campaign which was deluded about the consequences of an "out" vote...

 

They are saying that they want the UK to invoke article 50 which then takes two years. What they don't want to do is wait till the new Tory PM is in place likely to be October then to invoke it.
Or are you reading what you want to?

I'm not overly happy with the decision, but I can sit and whine about it like it should be me and me alone makes that decision.
Or I can just get on with it the best I can do.

 

No, Article 50 gives us a 2 year deadline to get it done after which, membership automatically ceases. It is pretty clear from the rhetoric though they want it done sooner (in many capitals there will be little appetite for doing the UK any favours).

I have no choice but to get on with it, doesn't mean that I can't point out to the Brexit-ers that in fact that the "scaremongery" was in fact not that at all but reality...

Wiz, can't open the link - what is the site please...

 

But it still equals 2 years doesn't it? If they made the clause when they wrote it that it's a 1 year deadline then it would be sooner.
They thought no one would ever want to leave their boys club and THEY wrote it into the rules.

Sorry but it don't matter what they want now, they made the rules so tough **** on them

 

The EU can want us out now but article 50 has no time limit when to do it so they can wait until we get our new PM. Then when we say so, we got another 2 years in the EU. It's just sour grapes from them wanting us out this second. Just shows what sort they are.

The pound and stock market is not damaged. Read my last comment. The FTSE 100 is doing better now at the end of today than at the start of the week. No one was panicking then we're they. Also we are now doing a lot better than March too and again no one was panicking. Yes it was a big hit this morning but it then improved. And it will continue to improve.

Scotland can't afford to leave the UK. If they do leave then you will see a country **** themselves up by leaving. The Irish is an issue so is Gibraltar I admit.

I think you will find not much will change after we leave. Just things will be better. I know I can't change how you feel so we'll have to agree to disagree on this and see what happens.

1 thing has and will continue to get worse though and that's racism. There has been a lot today in my area since the outcome. People being told to "**** off back to your own country as you're not wanted". That was grown men at school kids. Disgraceful.

 

http://www.express.co.uk/finance/ci...n-trade-relations-with-Britain-outside-the-EU

 

A neighbour who we get on well with, it was their kid and her friends. It happened on way home from school and she told her parents when she got home. We were in our back garden at the time when she got home from school and we heard what happened. She was so upset.

 

The stock market IS damaged. When the Brexit campaign was gaining momentum before Jo Cox, it sank 350 points in a week (to 13/6) to around 5,925 and then rallied back to nearly 6,350 on Wednesday on the news that Remain was back in front. So, it is not right to pick such a short window as 4 days as in fact, since the end of April when campaigning began, we are down around 5% from 6,400+. There was a bounce from the lows today but the short to medium term trend will I suspect, be down with all of the uncertainty around....

As for Scotland and "Scotland can't afford to leave the UK. If they do leave then you will see a country **** themselves up by leaving" - oh, the irony...

they will 100% have another referendum and I guarateee (that's how you spell it, right.?) you they will leave...

 

I suspect that the offer of "associate member" will be very much on the proviso that we get out much sooner than 2 years.

Also, we do not know the detail but it is EXTREMELY UNLIKELY that it will contain membership of the single market (which is the ONLY thing that counts to maintain the economy) unless we agree to free movement of people which was kind of the reason we left in the first place.

As for the talk of the USA and Canada, whilst they undoubtedly wish to appear helpful, anyone who has ever had any kind of dealings with an American contract (which I have had on many occasions) will know that they are not of this planet. In several decades, I have yet to find one that I have have been able to tell my client with business in the USA that was ok to sign. The regulation and exposures are WAY too onerous and unrealistic, they are written for a market where everyone sues everyone else at the drop of a hat so, good luck with getting a new trade deal done inside a decade there...

p.s. I am not a lawyer but I look at a lot of contracts for my customers from a specific view point

 

Read my comment again Prem. I don't think you read it all. I didn't just use a short window. I went back as far as March. ROD went back to February. You could have saved yourself the hassle of replying with that point if you read comments

The point is our finances are not as bad a 1st feared which was scared into us by project fear. The fact is its better. So the economy card that project fear were using has already proved to be wrong. Experts wrong again hey!

As for Scotland, where is the irony? Also I didn't say they won't have a referendum and I didn't say they won't leave. They can't afford to but I think they will leave. Then they will be screwed. You will see the difference between us showing we are not screwed.

 

I trade (privately) in the market on a weekly basis so I am aware of the weekly and monthly trends. Luckily, from the action on here, I pulled everything bar one stock (which was unaffected) recently so was relatively unscathed by today but I know that my pension fund took, and will continue to take a hit from the fall out from today.

The economy has had a single day to react so far and my opinion (there I go scaremongering again) is that the full shock has not yet filtered through and this is just the beginning with the trend being down for the foreseeable future. We may therefore end up a lot lower yet as I expect that people who haven't already, will pull their money out of the stock market and park it until there is some clarity on the subject. We will see if today was a dead cat bounce soon enough, as early as Monday/Tuesday when investors have had the weekend to think it over...

 

I say this with the greatest respect, let's hope those that can affect the stock market don't think like yourself

Night all.

 

I've been trading for some years now and I am sorry to tell you that yes, they do - a lot of investors expecting us to remain were caught unawares and were "locked-in" today...

The Warren Buffet's of this world take advantage in the old maxim about the transfer of wealth from the weak and impatient but the average investor with a family hasn't got 5-10 years to wait for a decent return on their investment...

Good night...