Page 1 of 3 123 LastLast
Results 1 to 20 of 43
  1. #1
    xecutable's Avatar
    xecutable is offline Private Member
    Join Date
    March 2011
    Location
    Zurich, Switzerland
    Posts
    1,734
    Thanks
    532
    Thanked 1,034 Times in 592 Posts

    Default Was Brexit a success?

    I see that the GBP to EUR keeps going down, wasn't this supposed to be just temporary until the hype was over? Shouldn't a better UK economy and therefore stronger currency, trade at a higher rate than before? Or does this drop actually not matter for the UK ?

    I'm a bit confused as my knowledge on currency trading and economies is very limited. All I know is if traders believe my economy is better than yours, my currency will be more expensive than yours.
    Gambipedia.com - casino & slot reviews accompanied by casino betting guides

  2. #2
    lufc is offline Public Member
    Join Date
    July 2012
    Posts
    74
    Thanks
    1
    Thanked 19 Times in 16 Posts

    Default

    without pointing out the obvious but it hasn't happened yet. A few more years of hurt for us Brits (and not just footy for once!)
    UK Caravan Holidays- http://www.carahols.co.uk

  3. The Following User Says Thank You to lufc For This Useful Post:

    xecutable (10 October 2016)

  4. #3
    JackTenSuited is offline Private Member
    Join Date
    March 2004
    Posts
    1,014
    Thanks
    23
    Thanked 334 Times in 207 Posts

    Default

    It hasn't even started yet. Article 50 won't be triggered until march '17 at the earliest.
    It looks like the /euro will be 1 for 1 soon too which isn't great for people like me that spend a lot of time abroad

  5. The Following User Says Thank You to JackTenSuited For This Useful Post:

    xecutable (10 October 2016)

  6. #4
    PromoteCasino is offline Private Member
    Join Date
    June 2013
    Location
    London
    Posts
    1,117
    Thanks
    1,073
    Thanked 496 Times in 335 Posts

    Default

    It was on it's way down further but the Flash crash in Asian trading did not help. F*cking exchange rate is pants just as I need some Euros too.
    BettingOffers.bet - Latest offers and bonuses from reputable UK bookmakers. A New project underway but a long way to go Bookie Rewards

  7. The Following User Says Thank You to PromoteCasino For This Useful Post:

    xecutable (10 October 2016)

  8. #5
    Triple7 is offline Private Member
    Join Date
    January 2015
    Posts
    2,834
    Thanks
    2,050
    Thanked 2,450 Times in 1,328 Posts

    Default

    It didn't start yet. UK is still part of the EU.

  9. The Following User Says Thank You to Triple7 For This Useful Post:

    xecutable (10 October 2016)

  10. #6
    TheGooner's Avatar
    TheGooner is offline Private Member
    Join Date
    March 2007
    Location
    New Zealand
    Posts
    4,268
    Thanks
    1,953
    Thanked 4,218 Times in 2,008 Posts

    Default

    There is no way that a stronger economy was part of the Brexit spiel ... as the UK is likely to lose preferred access to the EU.

    It was about UK independance, about not accepting immigrants, not spending money on Euro parliment, about "making Britain great again!"

    (Actually that last one might be from another nutty candidate and a different election?)

  11. The Following 4 Users Say Thank You to TheGooner For This Useful Post:

    Aidan90 (11 October 2016), Sherlock (16 October 2016), universal4 (10 October 2016), xecutable (10 October 2016)

  12. #7
    sweetbet's Avatar
    sweetbet is offline Public Member
    Join Date
    November 2012
    Posts
    2,819
    Blog Entries
    5
    Thanks
    898
    Thanked 1,574 Times in 1,087 Posts

    Default

    Another reason:
    "The current record low interest rate of 0.5% makes holding sterling less attractive and encourages traders to sell the currency." (bbc.com)

  13. The Following User Says Thank You to sweetbet For This Useful Post:

    xecutable (10 October 2016)

  14. #8
    thebookiesoffers is offline Former Member
    Join Date
    November 2009
    Location
    Leicester, UK
    Posts
    3,225
    Thanks
    414
    Thanked 1,764 Times in 1,009 Posts

    Default

    Quote Originally Posted by TheGooner View Post
    There is no way that a stronger economy was part of the Brexit spiel ... as the UK is likely to lose preferred access to the EU.

    It was about UK independance, about not accepting immigrants, not spending money on Euro parliment, about "making Britain great again!"

    (Actually that last one might be from another nutty candidate and a different election?)
    Wrong

  15. The Following 2 Users Say Thank You to thebookiesoffers For This Useful Post:

    justbookies (10 October 2016), xecutable (10 October 2016)

  16. #9
    TheGooner's Avatar
    TheGooner is offline Private Member
    Join Date
    March 2007
    Location
    New Zealand
    Posts
    4,268
    Thanks
    1,953
    Thanked 4,218 Times in 2,008 Posts

    Default

    Which bit - the paraphrased Trump quote that was used?

    Or the fact that Brexit's Vote Leave campaign was almost wholly based on the fear of Turkish immigrants (once Turkey got EU membership) and an outlandish claim that Britain would save 350 million a week when they were out of the EU and it would all be spent on the NHS?

    The amount of spin, double-speak and complete bollocks around these two items in the weeks before the vote. They were like Trump-facts - plausible enough to the gullible, but completely unsubstantiated. They were impossible to stop once they got into the mind of middle England.

  17. The Following 3 Users Say Thank You to TheGooner For This Useful Post:

    Aidan90 (11 October 2016), DaftDog (12 October 2016), xecutable (10 October 2016)

  18. #10
    thebookiesoffers is offline Former Member
    Join Date
    November 2009
    Location
    Leicester, UK
    Posts
    3,225
    Thanks
    414
    Thanked 1,764 Times in 1,009 Posts

    Default

    Quote Originally Posted by TheGooner View Post
    Which bit - the paraphrased Trump quote that was used?

    Or the fact that Brexit's Vote Leave campaign was almost wholly based on the fear of Turkish immigrants (once Turkey got EU membership) and an outlandish claim that Britain would save 350 million a week when they were out of the EU and it would all be spent on the NHS?

    The amount of spin, double-speak and complete bollocks around these two items in the weeks before the vote. They were like Trump-facts - plausible enough to the gullible, but completely unsubstantiated. They were impossible to stop once they got into the mind of middle England.
    one bit of the first post was chatting ****, most of your 2nd post was full of ****. It's nothing to do with "not accepting immigrants", it's about having controlled immigration, a trained doctor from Bangladesh will struggle to get in the UK but a car thief from Bulgaria can just walk in here and offer no benefit, we can now sort this. And if you think there were any promises on 350m a week being spent on the NHS then that is even more laughable than your Turkey claim, but obviously you know best being on the exact opposite side of the world and reading unbiased (laugh) headlines

  19. The Following User Says Thank You to thebookiesoffers For This Useful Post:

    xecutable (10 October 2016)

  20. #11
    justbookies is offline Private Member
    Join Date
    September 2009
    Posts
    1,285
    Thanks
    521
    Thanked 863 Times in 512 Posts

    Default

    Yup it is pretty stupid expecting to have your own country make laws for your own country. Pretty stupid not wanting faceless bureaucrats in Brussels making laws for your country. Pretty stupid wanting to stop tax money hemorrhaging to benefits immigration. What Britain got before the vote was every arse from the canadian governor of the bank of england to Obama telling them if they voted Brexit the sky would fall in on their heads . . still waiting. Fortunately I suspect we now have a PM who may, in the privacy of the ballot box, have voted brexit herself. She was part of a remain government but said absolutely nothing, which tells a tale. If it was not for a complete nutter murdering a poor labour MP before the vote then the majority voting Brexit would have been massively larger.

  21. The Following 3 Users Say Thank You to justbookies For This Useful Post:

    agsgroup (11 October 2016), thebookiesoffers (10 October 2016), xecutable (10 October 2016)

  22. #12
    universal4's Avatar
    universal4 is online now Forum Administrator
    Join Date
    July 2003
    Location
    Courage is being scared to death...and saddling up anyway. John Wayne
    Posts
    28,300
    Thanks
    2,295
    Thanked 7,983 Times in 5,040 Posts

    Default

    Cmon Paul,

    We don't have any nutty candidates anywhere.....

    Rick
    Universal4

  23. The Following 2 Users Say Thank You to universal4 For This Useful Post:

    DanHorvat (10 October 2016), xecutable (10 October 2016)

  24. #13
    xecutable's Avatar
    xecutable is offline Private Member
    Join Date
    March 2011
    Location
    Zurich, Switzerland
    Posts
    1,734
    Thanks
    532
    Thanked 1,034 Times in 592 Posts

    Default

    Thanks for the replies. I was looking forward to the ones within the UK as the outside world mostly gets their "facts" from the media which is like the least trust-able source to me that is. Is a rate 1 to 1 or even lower likely though?
    Gambipedia.com - casino & slot reviews accompanied by casino betting guides

  25. The Following User Says Thank You to xecutable For This Useful Post:

    thebookiesoffers (11 October 2016)

  26. #14
    DanHorvat's Avatar
    DanHorvat is offline Private Member
    Join Date
    November 2008
    Location
    Actual location may vary.
    Posts
    1,897
    Blog Entries
    3
    Thanks
    1,302
    Thanked 1,289 Times in 760 Posts

    Default

    The fear campaign usually works well in all nations. Can't think of a time when it didn't.

    P.S. Being in New Zealand, Paul isn't really an outsider. And that's a really lousy argument to pull, too.

  27. #15
    justbookies is offline Private Member
    Join Date
    September 2009
    Posts
    1,285
    Thanks
    521
    Thanked 863 Times in 512 Posts

    Default

    Quote Originally Posted by DanHorvat View Post
    The fear campaign usually works well in all nations. Can't think of a time when it didn't.
    This is time it didn't. The remain campaign was pure fear propaganda about what would happen - massive unemployment, house prices crash by 30% within months, massive inflation. The threats about what would happen in the event of Brexit never stopped and all this from most of the media, the prime minster, US president, all EU leaders, chancellor, bank of england etc etc. Brexit campaign was just based on the reality of what was happening and had happened. 52% of the UK saw through the lies and propaganda.

  28. The Following User Says Thank You to justbookies For This Useful Post:

    thebookiesoffers (11 October 2016)

  29. #16
    RacingJim is offline Public Member
    Join Date
    May 2013
    Posts
    1,871
    Thanks
    880
    Thanked 1,362 Times in 841 Posts

    Default

    To me there is still a massive element of the UK media (BBC especially) trying to fear-monger about Brexit. I just turn the news off and live my life. All the markets are based on are confidence, very little appears to have actually changed yet. It's gona take a few years for this to pan out, but I'm sure we'll all survive. The left-wing bleating and fear-mongering is boring already.

  30. The Following User Says Thank You to RacingJim For This Useful Post:

    thebookiesoffers (11 October 2016)

  31. #17
    gaffg's Avatar
    gaffg is offline Public Member
    Join Date
    May 2011
    Posts
    224
    Blog Entries
    11
    Thanks
    68
    Thanked 156 Times in 77 Posts

  32. The Following User Says Thank You to gaffg For This Useful Post:

    Aidan90 (11 October 2016)

  33. #18
    thebookiesoffers is offline Former Member
    Join Date
    November 2009
    Location
    Leicester, UK
    Posts
    3,225
    Thanks
    414
    Thanked 1,764 Times in 1,009 Posts

    Default

    Quote Originally Posted by gaffg View Post
    you mean this 350 million per week?

    http://www.independent.co.uk/news/uk...-a7099906.html

    London might lose it's 'status' as a the banking capital of europe

    https://www.theguardian.com/world/20...t-manuel-valls
    So you managed to quote Nigel Farage who had NOTHING to do with the official leave campaign and a left wing paper that was determine that we stayed in the EU

  34. The Following User Says Thank You to thebookiesoffers For This Useful Post:

    xecutable (11 October 2016)

  35. #19
    thebookiesoffers is offline Former Member
    Join Date
    November 2009
    Location
    Leicester, UK
    Posts
    3,225
    Thanks
    414
    Thanked 1,764 Times in 1,009 Posts

    Default

    Quote Originally Posted by DanHorvat View Post

    P.S. Being in New Zealand, Paul isn't really an outsider. And that's a really lousy argument to pull, too.
    Not really, he's tried telling everyone about something he knows very little about due to being on the other side of the world. The immigration point he made was a perfect example

  36. The Following User Says Thank You to thebookiesoffers For This Useful Post:

    xecutable (11 October 2016)

  37. #20
    AE-Stephen's Avatar
    AE-Stephen is offline Former AM
    Join Date
    June 2013
    Posts
    424
    Thanks
    79
    Thanked 266 Times in 174 Posts

    Default

    In truth it'll be 5 years at least until we know. Even once article 50 is triggered it will take years to get out and set up new trade deals. As a guide it took China 15 years to join the WTO.

    It goes one of two ways, a soft brexit where we end up with practically the same as what we had before but with no seat at the table (which doesn't look likely). Or a hard stance brexit where we sever all ties to the EU, this will cripple us (at least int he short term) but it looks like that's what our un-elected leader is leaning towards.

    Yet again it'll be my generation that suffers as it did with housing prices, triple lock pensions and austerity.

    That's not to say I'm an EU fan, the freedom of movement act is total BS I agree with thebookiesoffers there, but I think we gain more from the EU than we lose as an all around package.

  38. The Following 3 Users Say Thank You to AE-Stephen For This Useful Post:

    Aidan90 (11 October 2016), Renee (11 October 2016), xecutable (11 October 2016)

Page 1 of 3 123 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •