Off Topic EU deabte. Which way are you voting ?

Boris is a ****ing clown who hasn't got a clue what he's talking about. Unfortunately, that's only just now becoming apparent to people who voted to leave on his promises.

Yes, I saw the idiot telling the reporter that the pound and stock market were stable whist chaos was ensuing....

 

So, you want to join in do you you. Why don't you go back and read what was posted way before that remark before making inane comments?!...

 

Your denial of the reality of the voting patterns is ****ing hilarious.

 

There's no evidence of any fall in profits
All the falling equity markets are the result of the panic caused by the result of the vote. There's no evidence that much else will change
I am staying calm and getting on with things

 

Good. You do that!....

 

what is inane about pointing out you are resorting to insults?

 

Companies don't have to pay dividends. If they're struggling they won't pay them so the value of your investment has decreased and you don't get the comfort of a dividend. There is no positive spin on a massive equity market crash unless you are very cash rich and can gamble on buying in when you think it's bottomed out.

 

Why am I doing this??

If you'd bothered to go over previous posts, you would see that I tried to answer his questions and relate what I know from my 20+ yrs in the City. My efforts were met with insults.

I eventually responded....

 

Stan! You'll drive yourself barmy trying to explain simple things to people who don't want to hear anything but what they believe to be so!....

 

Preceded by a "re-education camp"?

 

That would explain why Boris, who studied Classics, is a clueless toff, whereas Cameron, who studied Philosophy, Politics and Economics, knew how not to utterly **** the country up.

 

Problems have been caused in the past by economists managing currency and over valuing the pound, rather than letting it find it's own level. History shows that managed economies seem to be less successful. So maybe, long term, we just need to hold our nerve, and not let them fiddle with it too much.

The mid 80 drop, remedy and subsequent recessions are one example.

 

There's no point responding with insults. Try to be calmer and get on with life in a sensible way.

 

Just an education camp.

Most of the educated didn't vote for chaos.

Education is good.

 

The same "clueless toff" who managed to win scholarships to Eton and Balliol?

 

But not when it is based on your political opinions.
The fact is the referendum was democratic and one side won. The other side lost and instead of getting upset they should get on with their lives.

 

Yes and the same clueless toff who said the pound and the stock market are currently stable. What a ****wit!

 

Oh I think the pound will recover eventually, but the point is how much money will be wiped off in the meantime and how many jobs will be lost as a result ? Investors won't 'hold their nerve', they will take their money and invest it elsewhere.

 

Yep, t'was ever thus, but perhaps now is the time to take the sharper pain for long term security and stability and cut the cloth accordingly.

 

The PM has a mandate - the referendum result
It's time for getting on with it
Some people were saying it would be October before a new PM would be elected but I had said there's no need to wait that long - "Nominations for the Conservative party leadership will open on Wednesday and close the following day, with a new prime minister and party leader in place by 2 September at the latest." http://www.bbc.co.uk/news/uk-politics-36647948