Brexited | the worst threads live the longest

Do you think there will be a Deal or No Deal?


  • Total voters
    194
  • Poll closed .
Reasonable Brits have to ask how the feck we've got to this point.
The people who voted for this poison aren't even bothered 95% of the Leave predictions have turned out false.

All they have is "You lost, get over it" and claiming anyone opposing this is against democracy.

It's not even about brexit now for some, they just want to 'win' an argument no matter the consequences.
 
If true, the problem with that is that it starts a chain of events that a last minute deal won't reverse, businesses will put the wheels in motion.

Already heard earlier that the EU were now going to focus on No deal. Exactly, it's now or never to stop it. Obviously they're not going to stop it so it's now damage limitation for the EU.
 
Clicked one of those tweets to read up the comments and was astonished by the profiles (BIOs) of the people and number of them(!) that posted with bits and slogans. This one in particular stood out:

50 year old proud leaver and will never change my mind no matter how much media scaremongering!!!

I really starting to consider feckin off from here, not feeling welcomed anymore.

Might consider going back to Scotland as people do seem to genuinely like foreigners and have different views on the whole.
 
When I was in the UK last week, I had this conversation with a close family member who had voted Brexit. This is a genuine conversation.
Me: I see you have had a new roof fitted on your conservatory, looks great.
Family: Yes two Polish chaps fitted it, they were brilliant, worked so hard, did a fantastic job.
Later..
Family: Have a new doctor, she was brilliant when xxx was ill.
Me: Who is she?
Family: Can't remember her name, think she's from Romania or somewhere like that.
Later..
Me: What was the reason you voted for Brexit again?
Family: Too many immigrants.

There are no words.
 
Have any pundits called for them to be expelled from the Labour party?
Only Owen Jones so far but I think he's always been pro deselection. If there wasn't such a shit storm in the beginning about deselection then we wouldn't be in this mess.

Not sure I'd take Nadine Dorries words too seriously, to be honest.

How do you know it's Nadine Dorries ? Edit - yeah I saw the other tweet, your right it's mostly likely shite.
 
Frankly, the way UK government always treated EU with contempt and superiority, I am loving the shitshow. If only would not affect the average Joe and specially friends of mine, I will go for popcorn watching the country burn. And the worse part is that they will get out of this, richer than before
 
I work for a foreign bank here. They won't leave totally but expect them to cut staff massively. I work in a department that does analysis for regions in Europe. My job is far from safe.

I don't see anyone leaving in one go, just every decision for where future jobs should be will be somewhere in the EU instead of the UK, we shall wither
 
Well, that's that confirmed. Cancelling my house sale and keeping my money in the bank. Shit is about to go south.

Convert it to Euros or Swiss Francs or Dollars, I belive that's what the hard Brexiters have done, they will make a fortune on the currency crashing
 
Convert it to Euros or Swiss Francs or Dollars, I belive that's what the hard Brexiters have done, they will make a fortune on the currency crashing

Don't call me an expert on currency trading or anything but I believe that:
a) Brexit has already been factored into the current price of the Sterling. And...
b) Once Brexit is done the BoE is raising interest rates to counter inflation. They should have done that already but they're holding back due to Brexit uncertainty (Carney's words, not mine)

I actually expect the Sterling to go up against euro and dollar once the interest rates go up.
 
Don't call me an expert on currency trading or anything but I believe that:
a) Brexit has already been factored into the current price of the Sterling. And...
b) Once Brexit is done the BoE is raising interest rates to counter inflation. They should have done that already but they're holding back due to Brexit uncertainty (Carney's words, not mine)

I actually expect the Sterling to go up against euro and dollar once the interest rates go up.

If we crash out on a no deal the pound tanks
 
Don't call me an expert on currency trading or anything but I believe that:
a) Brexit has already been factored into the current price of the Sterling. And...
b) Once Brexit is done the BoE is raising interest rates to counter inflation. They should have done that already but they're holding back due to Brexit uncertainty (Carney's words, not mine)

I actually expect the Sterling to go up against euro and dollar once the interest rates go up.
I think there are too many possible outcomes for it to be correctly "priced in"; but not an expert either!
 
Don't call me an expert on currency trading or anything but I believe that:
a) Brexit has already been factored into the current price of the Sterling. And...
b) Once Brexit is done the BoE is raising interest rates to counter inflation. They should have done that already but they're holding back due to Brexit uncertainty (Carney's words, not mine)

I actually expect the Sterling to go up against euro and dollar once the interest rates go up.
Hard brexit has not.
 
Don't call me an expert on currency trading or anything but I believe that:
a) Brexit has already been factored into the current price of the Sterling. And...
b) Once Brexit is done the BoE is raising interest rates to counter inflation. They should have done that already but they're holding back due to Brexit uncertainty (Carney's words, not mine)

I actually expect the Sterling to go up against euro and dollar once the interest rates go up.

I think you are going to be for a nasty shock.
 
Not really, I'm prepared for it. I just don't think it's anywhere near as certain as people make it out. For the aforementioned reasons.

If it's a real hard Brexit, it's not factored in.
Under normal circumstances if interest rates go up then currency will improve, for the right reasons ie when the economy is doing well but of the interest rates are compensating for an extremely weak currency and economy, it's not good.

It's weird but one almost gets the impression that the traders are thinking, "surely the UK government aren't this dumb, they're not really going to crash out" but if they do and when it looks certain they will I can only see the pound sliding no matter the increase in interest rates.
 
If it's a real hard Brexit, it's not factored in.
Under normal circumstances if interest rates go up then currency will improve, for the right reasons ie when the economy is doing well but of the interest rates are compensating for an extremely weak currency and economy, it's not good.

It's weird but one almost gets the impression that the traders are thinking, "surely the UK government aren't this dumb, they're not really going to crash out" but if they do and when it looks certain they will I can only see the pound sliding no matter the increase in interest rates.

I heard that in these circles, they literally think that common sense will eventually prevail. That's why a briefing from the EU will probably change everything.
 
Don't call me an expert on currency trading or anything but I believe that:
a) Brexit has already been factored into the current price of the Sterling. And...
b) Once Brexit is done the BoE is raising interest rates to counter inflation. They should have done that already but they're holding back due to Brexit uncertainty (Carney's words, not mine)

I actually expect the Sterling to go up against euro and dollar once the interest rates go up.

Not an expert either but I do watch the markets as I manage the FX hedging at work.

a) A full on no-deal brexit isn't quite in the price yet, I think there is still room for it to reach 1.25 against the dollar at least, could easily go further if shit really does hit the fan with hard borders, lorries backed up from Dover to Birmingham and every major manufacturer talking about their plans to gtfo. I get the feeling there is still a dis-belief in the markets that the UK will really let a hard brexit happen.

b) Carney's comments are based on a number of assumptions, one of which being the economy still ticking along somewhat. I'm pretty sure don't the last inflation report, and set of forecasts that was based on, didn't factor in a no-deal brexit. I wouldn't expect interest rates rises if we dive into a recession, even then the usual rules of higher rates = stronger currency may not apply due the exceptional circumstances going on the UK, you'd have to be a madman to invest here.
 
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Had to explain to a couple of Brexit voters and now still nervous supporters that No Deal does not mean carry on as per now until we get the arrangement we want.
 
Had to explain to a couple of Brexit voters and now still nervous supporters that No Deal does not mean carry on as per now until we get the arrangement we want.
Think a lot of people are uneducated about the no deal scenario.
 
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