Tomjames Posted June 20, 2016 Share Posted June 20, 2016 The pound jumped three cents on the dollar today. The biggest increase since 2009 due to remain pulling away again. Yet another warning sign what leaving will do to our economy. Brexiteteers please take note. Link to comment Share on other sites More sharing options...
The Joker Posted June 21, 2016 Share Posted June 21, 2016 Shocking how bias 10 O'Clock BBC News was tonight. Do the population know that the BBC actually receives funding from the EU!! Really?! So does Our Nige' ! The stinking hypocrite! Link to comment Share on other sites More sharing options...
Solomon1 Posted June 21, 2016 Share Posted June 21, 2016 Yet another warning sign what leaving will do to our economy. Brexiteteers please take note. Please also take note Of people who actually KNOW what they're talking about!!! Link to comment Share on other sites More sharing options...
Tomjames Posted June 21, 2016 Share Posted June 21, 2016 Please also take note Of people who actually KNOW what they're talking about!!! http://www.bbc.co.uk/news/business-36582026 George Soros does know what he's talking about. He says it could drop to $1.15 Link to comment Share on other sites More sharing options...
Solomon1 Posted June 21, 2016 Share Posted June 21, 2016 http://www.bbc.co.uk/news/business-36582026 George Soros does know what he's talking about. He says it could drop to $1.15 Holy Crap! Link to comment Share on other sites More sharing options...
Tomjames Posted June 21, 2016 Share Posted June 21, 2016 Holy Crap! Quote: Mr Soros said in his article that leaving the EU would see sterling fall by at least 15%, and possibly more than 20%, to below $1.15 from its current level of around $1.46. "The value of the pound would decline precipitously," he writes. "It would also have an immediate and dramatic impact on financial markets, investment, prices and jobs. "I would expect this devaluation to be bigger and also more disruptive than the 15% devaluation that occurred in September 1992, when I was fortunate enough to make a substantial profit for my hedge fund investors. Link to comment Share on other sites More sharing options...
Solomon1 Posted June 21, 2016 Share Posted June 21, 2016 Loob, Mann says its the poorest in society who are the ones who have been hit by agency workers and zero hours contracts and who have been hit by labour flexibility with so many workers coming into the country, is he wrong ? You think Gove and Johnson are gonna mek that better?? Give me strength! Link to comment Share on other sites More sharing options...
unbeliever Posted June 21, 2016 Share Posted June 21, 2016 You think Gove and Johnson are gonna mek that better?? Give me strength! Its not about Gove and Johnson (although I tend to think that Gove makes everything better). There's an election in 2020 at the latest. It will take most of that time to transition out of EU membership. In 2020, you can vote for a government which shares your values, to take full control of UK law. Link to comment Share on other sites More sharing options...
Douglas J Posted June 21, 2016 Share Posted June 21, 2016 ... There's an election in 2020 at the latest. It will take most of that time to transition out of EU membership. .... A lot longer than that. a recent trade deal with Canada took 7 years to set up ... and that's just Canada. in the meantime, it would lead to years and years of uncertainty and limbo for businesses. Link to comment Share on other sites More sharing options...
The Joker Posted June 21, 2016 Share Posted June 21, 2016 There's an election in 2020 at the latest. It will take most of that time to transition out of EU membership. In 2020, you can vote for a government which shares your values, to take full control of UK law. So to answer crazybaby's point, how will a post-Brexit Tory government improve the lives of "the poorest in society who are the ones who have been hit by agency workers and zero hours contracts" ? Link to comment Share on other sites More sharing options...
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