Search results

Yes that's correct. No that's what I said I'm agreeing with you. Before the referendum on June 23rd there was a massive punt on us staying in the eu and backing the pound but when we on the night had a result of brexit everyone ran away quick than usain bolt causing a massive sharp decline you...

Brexit. We all know brexit caused the pound to drop massively in June 2016. The reason it was so dramatic was there was a massive gamble on us staying the eu and when on the night we voted brexit they all ran faster than a cheetah.

Here it is again. Just in case you missed it.

I clearly do. You quoted a graph posted by schmee that's completely wrong and then had the cheek to make a point on it to be right where tbf it's made you look a bit silly. Look at my graph posted its the official decline of the pound over the last 5 years.

The graph isn't right you donut. It has it at 1.28 and it wasn't it was 1.73 in July 2014. Go and re check your facts and come back to me yeah?

So as you can now correctly see the pound started failing in June July 2014 when it was at 1.73 and has steadily declined since then and the brexit vote accelerated the decline due to a massive gamble on us staying in the eu and now the uncertainty it has now caused for now.

Sorry but that first chart is something else. You've got the wrong one I'm afraid.

It's hardly strong against the pound though is it. It's about level, a pound gets you a roughly a euro. As for brexit of course it's had a big impact I agree but to pretend it's all brexits fault is ludicrous. That's was my point that's the pound has been falling for 3 years. That wasn't brexit.

The reason for the sharp decline upon the brexit vote was the pound was backed heavily and over valued as a result so when brexit became clear on the night you have what's called a run where everyone gets out of there as fast as they can and it becomes a self fulfilling prophecy when actually...

He is right. That's pretty normal. What's your point?

:angelic: Good question and it remains to be seen. I certainly don't think brexit will solve everything. It's impossible. The idea to brexit is if we can control the quantity and quality of people coming here for skills we need and want then actually we get better communities and more money...

Do you understand currency markets and government bond yields? We all know the pound has dropped it was overvalued in the first place for a start. Secondly it's been failing for 3-4 years steadily (way before the referendum) and thirdly just for a bit our ftse 1000 is at a massive peak in...

Dear oh dear. The result didn't go your way and toys firmly out the pram. We are leaving. It's already happening. Where was the vote on joining the EU and what that would look like? Who listened to the french and Dutch when they voted against the EU constitution in 2005? Who listened to the...

That's the problem you don't seem to get we had a choice remain or leave, we could argue for hours about what remain looks like and what leave looks like but the question was a simple remain or leave and the uk voted to leave and that is what is now happening. A lot more encouraged by...

Brexit was about controlling our own laws and borders and opening ourselves up to the world. A free trade deal with Japan is great news isn't it?

hate to break it to you, we are leaving the EU so the deal was for Britain and Japan to have a free trade deal. Good news isn't it?

Not free trade with Japan? It currently isn't. I say that's good exciting news.

Put your coat in the oven .

Now I do agree with that. I'm not convinced by tories negotiating for us either. I have severe reservations to be kind. I do agree about how much the bill should be and no one knows I guess my point was why would the eu say 100b when they haven't even totted it up yet?

Yes we all know. But they can't stop us visiting countries and negotiating deals ready to set up and all but sign. Deals to suit the U.K. Not 28 countries. Makes sense to me. A bit like having your own currency hey. Nation state democracy it's called.