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Brexit or how I'll make a killing in forex

Discussion in 'Sports and News' started by JohnHammond, Jun 23, 2016.

  1. YankeeFan

    YankeeFan Well-Known Member

    The UK is also a huge market for German and French exports.

    The EU isn't going to start a trade war with the UK.

    The Pound will remain strong. London will still be a banking center.
     
  2. old_tony

    old_tony Well-Known Member

    If voters were better informed, the Democratic Party would be extinct.
     
    Earthman likes this.
  3. YankeeFan

    YankeeFan Well-Known Member

    Gosh. Voters are so dumb.

     
  4. JohnHammond

    JohnHammond Well-Known Member

    We need to go to the ER to treat that burn. Don't keep her waiting.
     
  5. Michael_ Gee

    Michael_ Gee Well-Known Member

    YF, the pound is continuing to sink in Asian trading today. International banks are already discussing where they'll move their London operations (Dublin, Frankfurt and Paris will all get a share). Wales' biggest steel mill lost a potential new buyer. That bastion of Commie one-worldism, Goldman Sachs, forecasts a decline in British GDP by year's end. That's just for openers. Is it nearly as bad as the Global Financial Crisis? No. Will the effects on what's hardly a robust economy be significant? Yes.
     
  6. YankeeFan

    YankeeFan Well-Known Member

    We're on day two of an unexpected event. Markets don't like uncertainty. But, things will settle down. The dire predictions won't come to pass. The UK will be fine.
     
  7. YankeeFan

    YankeeFan Well-Known Member

    No. #SavedYouAClick

     
  8. Michael_ Gee

    Michael_ Gee Well-Known Member

    The problem is that the uncertainty is likely to last for a long time. Britain's political leadership is in no shape nor prepared to even begin negotiating the terms of the divorce.
     
  9. Earthman

    Earthman Well-Known Member

    Do you really trust anything that Goldman Sachs says to the general public?
     
  10. wicked

    wicked Well-Known Member

  11. Michael_ Gee

    Michael_ Gee Well-Known Member

    I trust what they say to their stockholders.
     
  12. TheSportsPredictor

    TheSportsPredictor Well-Known Member

    Britain will never leave the EU. #TheEUPredictor
     
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