After the love has gone......

[tek-monkey]

Didn't want to post this in the other threads as I wanted to keep it on topic. Now we are leaving, what are the actual implications of what is happening. Not hearsay, vague opinions or hatred, what are the actual facts about the actual things that are happening?

To start off, our credit rating. I understand we lost our AAA rating, which sounds bad and all but what does it actually mean? Does it affect future borrowing only or does it change existing agreements over debt?

 

[ATJ]

All the articles on 'what does this mean?' so far might as well just be a shrug.

http://www.bbc.co.uk/news/uk-politics-eu-referendum-36619817

 

[Gramaisc]

All the articles on 'what does this mean?' so far might as well just be a shrug.

http://www.bbc.co.uk/news/uk-politics-eu-referendum-36619817

Some of us will remember Michael Miles.

Some may even remember Ethel.

 

[proactive]

Once the markets have settled down, which might take a couple of weeks then nothing much is really going to change for a couple of years or so. Depending on what happens in the rest of Europe and how good our negotiating skills are I wouldn't be surprised if the only really noticeable change was the handing over money to access the economic zone, having to abide by Euro rules but having no say in them whatsoever.

Oh and the French might decide to help the migrants on their north coast access the tunnel and speed them straight through to us.

All in all totally unnecessary and a huge waste of taxpayers money.

 

[John Marwood]

It means we will pay more for imported goods because we will QE ( print more money )
It means we will pay more for imported goods because the pound is effectively devalued
As we import 70% of our food , our vehicle fuel, our heating fuel our lighting fuel it will mean everything be more expensive

That is before the right wing politicians interfere with their new 'policies '

Before any consideration on trade agreements are taken into account

Union Flag

Re design on its way

Rumour

Housing crash in London


Lots of falling out

Einstein quotes

Facebook bickering

Fear
Fear of racial violence

 

[Gramaisc]

Union Flag

Re design on its way

Assuming Northern Ireland is retained, to avoid a return to bloodshed, an immediate change should look like this.

It would, at least, stop people flying it upside down.



This is a more commonly available version, but there's no longer any need to halve the St Patrick's Cross, if St Andrew's is no longer there.

They might even get round to adding St David's Cross, at last, but it's not so handy.

I can't find a Union Flag incorporating that without St Andrew's Cross complicating it.

We'll see.

 

[John Marwood]

Cornwall

If Castlebar impose restrictions

Black with white Cross

Minus the white cross

 

[hop]

No one knows this is uncharted territory. The city isn't happy and jobs will be relocated in time but some of the information of the web is just wrong. Finance is a large contributor of tax both from companies and employees incomes so despite the public having a hatred of bankers they ignore the large tax take (trust me it is large) from this sector and ancillary services such as the legal sector required for compliance and IT services.

Some of volatility in the equities markets would have happened today anyway as the Russell index is rebalanced.

Why would this occur ? The Russell index is a major index and in rebalanced annually. Many mutual funds (trackers) hold the same proportion of shares as the actual index. In adopting this strategy they will underperform the index since taxes and commission costs are ignored. Some funds will used a mixed approach of holding the assets and using derivatives. The thing is a rebalance causes shares to be sold and others to be purchase by major players. When Northern Rock left the FTSE100 a great of shares became worthless overnight, yet the asset manager had to ditch these for next to nothing, buy the new constituents share and find a way of making up the loss (since the index does not reflect the sell / buy)

So far its BAU but with added fear.

 

[John Marwood]

 

[John Marwood]

 

[Trumpet]

Cold steel Captain Mainwaring, they don't like it up 'em.

 

[John Marwood]

Cold steel Captain Mainwaring, they don't like it up 'em.

You never need a police force with the Proles

That's proletariat, not people of Poland

 

[Noah]

Several bidders, including Wilbur Ross, have indicated that they may pull out of negotiations to purchase Port Talbot Steel Works as a direct result of the Leave vote

 

[tek-monkey]

Got family in Port Talbot, they're in shock that they rely on EU help yet voted to get shafted dry with a run up.

 

[Withnail]

Right, i've been doing some thinking - now that the people of Britain have been freed from the shackles of buying bananas only in bunches of two, or possibly three, i reckons the banana market has been blown wide open.

Can i plant bananas in poly-tunnels?

Ok, but what if i could - are they any less labour intensive than strawberries?

Hello? Can you hear me?

Are you still there?

 

[basil]

Right, i've been doing some thinking - now that the people of Britain have been freed from the shackles of buying bananas only in bunches of two, or possibly three, i reckons the banana market has been blown wide open.

Can i plant bananas in poly-tunnels?

Ok, but what if i could - are they any less labour intensive than strawberries?

Hello? Can you hear me?

Are you still there?

Labour intensive ? Shoorly sum kinda oxymoron ?......

 

[Noah]

Not sure about poly tunnels, I think you might need extra heating. Now curved cucumbers ...

 

[Carole]

Got family in Port Talbot, they're in shock that they rely on EU help yet voted to get shafted dry with a run up.

Yes lots of people in Cornwall (and other areas) who had NO idea that their area was being supported by EU funding. What now for them?

What sickens me though is that various groups of people are being targeted and told "we voted out, go home".

A polish club vandalised with graffiti "go home". Do these ignorant people not realise that if the Polish hadn't helped us during the war then they wouldn't even have the freedom to vote today?

Did the bigoted really think they they would wake up after Brexit to find that anyone "foreign"would be removed overnight?

I am sickened and saddened at what is taking place right now.

 

[proactive]

Yes lots of people in Cornwall (and other areas) who had NO idea that their area was being supported by EU funding. What now for them?

What sickens me though is that various groups of people are being targeted and told "we voted out, go home".

A polish club vandalised with graffiti "go home". Do these ignorant people not realise that if the Polish hadn't helped us during the war then they wouldn't even have the freedom to vote today?

Did the bigoted really think they they would wake up after Brexit to find that anyone "foreign"would be removed overnight?

I am sickened and saddened at what is taking place right now.

Still, on the positive side, at least we've got strong political leadership.

 

[Noah]

Still, on the positive side, at least we've got strong political leadership.

Hm. So as the Labour Party is tearing itself apart in public and probably Tories are tearing themselves apart in private what new political alliances will emerge? Nicola Sturgeon merges the SNP with the left wing of the Labour Party and becomes leader. The right of the Tory Party merges with UKIP and is led by Gove or IDS and the more centre sections of the Tory and Labour cosy up to the Lib Dems with Boris taking over as leader. What could be wrong with that?