Black Monday

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Mutti Merkal today..

The Chancellor reportedly said this was not the time for deepening cooperation between member states, arguing instead for the need to focus on ever-present issues facing the union, chief among them being border security, international security and the creation of jobs at home.

WHAAAT ?????...

A consummate politician.. Where are the chuck bags ??

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Time to bring out the tumbrils I think...

Will look deeper into this..

[ratkin]

England football team adds to the shambles

At least Wales are showing some resolve

I am a passionate England supporter, however seeing all those beer bellied, Sun readers waving their flags of St George i actually wanted them to lose, just to see them suffer. That is what that vote has done. Sad but true.
I am far from the only one, there is a genuine fear now that we will see civil unrest. Not yet, but when the brexit mob realise that BoJo and co have not a hope in hell on delivering on their false promises.
There are already plenty of reports of the halfwits assaulting (physically and verbally) persons of foreign descent, since the vote. "we have voted you out, now @@@@ off back home"

[JBmurc]

I think the loss of freedom of movement of labour in the EU would affect unskilled people more than skilled. There are plenty of non-EU in-demand skilled workers working in the EU. There are American bankers working in London and there will be British bankers in Frankfurt after the UK withdraws from the EU.

Unskilled Britons will lose the freedom of movement and less likely to get visas for other countries, and have no choice and will remain in a probably shrinking British economy. The skilled with internationally in-demand skills will be the ones who would be able to get visas to move abroad to Sydney, Frankfurt, New York & where ever.

The EU accounts for 44% of UK exports and 55% of imports... I'm sure the like the German autos will not want to lose their biggest export market etc ....new trade deals will be signed much quicker than many think...trade is a two way street ...and if the Scots do jump ship the rest of the UK would be 8+ billion dollars p.a better off ...also the UK will save many billions in payments to the EU (numbers from CNBC)

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The EU accounts for 44% of UK exports and 55% of imports... I'm sure the like the German autos will not want to lose their biggest export market etc ....new trade deals will be signed much quicker than many think...trade is a two way street ...and if the Scots do jump ship the rest of the UK would be 8+ billion dollars p.a better off ...also the UK will save many billions in payments to the EU (numbers from CNBC)

Russia has sanctions against it... Deals into the squillions are still going through..

Jacque has wine.. Boris has pork sausage.. No!.. We have sanctions..

Enough said..

[Bjauck]

"UK stripped of final 'AAA' rating and FTSE 350 surrenders £140bn in Brexit aftermath". http://www.telegraph.co.uk/business/...following-bre/

Banks especially hard hit. DOW Banks index off 4%, EURO stoxx Banks index off 6.2%, 18.6% for the week, YTD 38%, 52 week 47.4%.

It looks like those independent analysts are turning out to be right after all, contrary to the fear-mongering label given to them by Brexiteers. With the amount of Baloney thrown around, the British electorate were well and truly duped.

Those poor brexit-supporting English areas stand a great risk of return to how they were in the 80's - poorer than now.

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It looks like those independent analysts are turning out to be right after all, contrary to the fear-mongering label given to them by Brexiteers. With the amount of Baloney thrown around, the British electorate were well and truly duped.

Those poor brexit-supporting English areas stand a great risk of return to how they were in the 80's - poorer than now.

Maybe it will give a few of those benighted people a reason to get off of their arse and do something..

[JBmurc]

Russia has sanctions against it... Deals into the squillions are still going through..

Enough said..

Of course also outside the EU the UK should well sign some very good free trade deals with the likes of the US,Russia, commonwealth countries ..(wine from Aus/NZ over EU etc currently we get hit with EU 20% trade tariff)

[Bjauck]

...and if the Scots do jump ship the rest of the UK would be 8+ billion dollars p.a better off ...also the UK will save many billions in payments to the EU (numbers from CNBC)

The UK would also save a chunk by having to get rid of its nuclear deterrent as there would be nowhere for its nuclear submarines. Its a big reason why the USA wanted the UK in the EU (& Scotland in the UK). Balance of power in Eastern and Western Europe could be about to change again?

[JBmurc]

It looks like those independent analysts are turning out to be right after all, contrary to the fear-mongering label given to them by Brexiteers. With the amount of Baloney thrown around, the British electorate were well and truly duped.

Those poor brexit-supporting English areas stand a great risk of return to how they were in the 80's - poorer than now.

UK fishermen would be far better off for one,,,, as under the EU... UK's large fishing grounds where put under the EU control in turn taking quoter away from the UK fisherman ..