The UK Politics and EU Referendum thread - merged

[DMorgan]

I don't know about the rest of the 48% but I'm eating rice and turning the heating off to try and wreck the economy

[Woodsey]

I don't know about the rest of the 48% but I'm eating rice and turning the heating off to try and wreck the economy

If you are a bit of a doom and gloomer maybe you foresee being skint and are taking preparatory action to save a few quid for hard times  

[neeko]

I don't know about the rest of the 48% but I'm eating rice and turning the heating off to try and wreck the economy

If you are a bit of a doom and gloomer maybe you foresee being skint and are taking preparatory action to save a few quid for hard times  

Filling my car cost over £50 again yesterday, no money saved there.

[Woodsey]

I don't know about the rest of the 48% but I'm eating rice and turning the heating off to try and wreck the economy

If you are a bit of a doom and gloomer maybe you foresee being skint and are taking preparatory action to save a few quid for hard times  

Filling my car cost over £50 again yesterday, no money saved there.

My pension is flying.... 

[DMorgan]

I don't know about the rest of the 48% but I'm eating rice and turning the heating off to try and wreck the economy

If you are a bit of a doom and gloomer maybe you foresee being skint and are taking preparatory action to save a few quid for hard times  

Haha I'll be at the bar whistling happy tunes for beers at DTD for the WPT if you're about and you've got any requests

In fairness, that Treasury report that talked of 5-10% GDP falls did specify that this was only if we default to WTO rules where 5-10% gets slapped on all imports and exports. As a nation that imports more than we export, all other things being equal and in the absence of a better deal its a mathematical certainty that we end up poorer.

I can't speak for all remainers but obviously at this point we're leaving and we have to make the best of it and I hope that we do find a deal that appeases the majority that want tighter immigration controls while not hurting us too much in the pocket.

'You guys are causing the damage' is an odd charge to level at the people that went on and on and on about trying to defend the countries economic interests, as it the idea that the same people are cheering for an economic downturn? Sounds like a level of spitefulness that you'd find in the editorial meetings of the usual suspects but it makes for an amusing read

[Woodsey]

I don't know about the rest of the 48% but I'm eating rice and turning the heating off to try and wreck the economy

If you are a bit of a doom and gloomer maybe you foresee being skint and are taking preparatory action to save a few quid for hard times  

Haha I'll be at the bar whistling happy tunes for beers at DTD for the WPT if you're about and you've got any requests

In fairness, that Treasury report that talked of 5-10% GDP falls did specify that this was only if we default to WTO rules where 5-10% gets slapped on all imports and exports. As a nation that imports more than we export, all other things being equal and in the absence of a better deal its a mathematical certainty that we end up poorer.

I can't speak for all remainers but obviously at this point we're leaving and we have to make the best of it and I hope that we do find a deal that appeases the majority that want tighter immigration controls while not hurting us too much in the pocket.

'You guys are causing the damage' is an odd charge to level at the people that went on and on and on about trying to defend the countries economic interests, as it the idea that the same people are cheering for an economic downturn? Sounds like a level of spitefulness that you'd find in the editorial meetings of the usual suspects but it makes for an amusing read

What guys are causing the damage? I didn't say that if you are referring to me....

[DMorgan]

I was referring to Ricks comment about people 'talking down' the economy. Pre-emptively blaming those that warned against it for any current or possible future economic turturbulence

[RickBFA]

I was referring to Ricks comment about people 'talking down' the economy. Pre-emptively blaming those that warned against it for any current or possible future economic turturbulence

If you read my post it was directly referring to the media and press commentators/headlines.

They love bad news and have no interest in reporting success or anything remotely positive.

[DMorgan]

I don't really see how people can make all these predictions until they know what deal is done.

Seems the remoaners can't help themselves....

I can only imagine the glee from these people when we get some actual facts/data that are bad news.

Was in reference to this bit

The media reporting that I've seen and that has been posted on this thread looks to fall pretty much where you'd expect it to? The guardian and their lot will seize on anything bad and the express, the mail etc have suddenly developed an interest in PMI indicators because they look positive

[DaveShoelace]

I get paid in dollars, so while I voted remain in the short term Brexit has been F**KING AWESOME for me. I've been paid in dollars for a decade so I know all about how these things can soon swing the other way so like a boring old fart I am putting the extra I'm making to one side.

Anyhoo, given we have some very rough dates for how things will pan out, do you think in March 2017 when we supposedly trigger article 50, that will see the £ drop again by quite a margin from wherever it is at the time?

Also how long is a piece of string?

[TightEnd]

if we cobble together a deal that allows access to the single market, then the pound will rebound strongly, even if the UK has to pay handsomely to get that access

How it gets that access when the gov't thinks the priority is to restrict freedom of movement and that is a "line in the sand" for the EU not to restrict it I have no idea.

As the markets don't either, the uncertainty is reducing the value of sterling for now.

I get some stuff paid in $ too, and I too am not spending the "windfall".

[TightEnd]

today, the rarely seen 168 year low.

£ lost another 1% in the hour after the brexit debate began

Click to see full-size image.

[TightEnd]

Meanwhile, finally, the Labour party as an opposition has showed up

got lots to go on with hard brexit/tory disunity/bickering in the headlines but Corbyn had May on the ropes at PMQ

[TightEnd]

apart from petrol, one thing you are going to see cost more is food bills

"British shoppers told to expect price rises after steep fall in pound"

by sainsburys, who will be passing input costs on

https://www.theguardian.com/business/2016/oct/12/british-shoppers-told-to-expect-price-rises-after-steep-fall-in-pound?CMP=twt_gu

[Woodsey]

apart from petrol, one thing you are going to see cost more is food bills

"British shoppers told to expect price rises after steep fall in pound"

by sainsburys, who will be passing input costs on

https://www.theguardian.com/business/2016/oct/12/british-shoppers-told-to-expect-price-rises-after-steep-fall-in-pound?CMP=twt_gu

Meh, switch to Lidl or Aldi then....