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On June 24 2016 17:07 Linear wrote:Show nested quote +On June 24 2016 17:04 iPlaY.NettleS wrote:On June 24 2016 17:00 SC2Toastie wrote:On June 24 2016 16:45 xM(Z wrote:On June 24 2016 16:27 SC2Toastie wrote:On June 24 2016 16:24 xM(Z wrote:On June 24 2016 16:10 Cyro wrote:On June 24 2016 16:01 HolydaKing wrote:Very interesting link, thanks! That's pretty amazing, wow can someone enlighten me about what's so amazing in that link?. i see the rich and their groupies voting remain and the poor and scared voted leave. what's the practical connection with education?. how can the education have the consequences they said it has?. Because apparantly there is a correlation between highly educated (people that, on average, are informed, understand the mechanisms) and the youth (people that, on average, are informed, and HIGHLY affected) that want to remain, and on the other hand older people (less informed, less affected) and poor (BLAME THE EU) to leave. - do they have university level pro-EU courses in UK?. - do those old and/or poor people lack the (mental?)capability to understand the latest debates on this issue?. - Because people that finish higher education tend to be better at understanding and critically questioning information. - Old people have other interests and are more affected by instinct over factual information: 'the past' when 'everything was better' for example. I can't recall there being "safe spaces" in universities 30 years ago.Progress! Fact is the youth are increasingly stuck in a child-like state, not able to think critically or entertain ideas outside of what the left wing politically correct dogma of the day is. Their argument was based on brexiters being "racist", ignoring the fact that Poland doesn't have any black people.The government in fact made it harder for Non-EU immigrants to enter because they were getting so many (overwhelmingly white) EU migrants. As a young person I don't give a flying fuck about the politics of the matter I only care what makes sound fiscal sense leaving the EU doesn't make any sense it that regard so it's a bad idea. Pretty simple concept to grasp.
Under every economic indicator the Uk has been deteriorating rapidly the past 15 years - trade deficit, current account deficit, housing bubble, income inequality, City of London excess.
How do you think an outright fringe socialist become Labour leader?
Remember that this vote will be just a trigger for a large recession that would have happened anyway due to continuing economic imbalances.
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On June 24 2016 17:07 Linear wrote:Show nested quote +On June 24 2016 17:04 iPlaY.NettleS wrote:On June 24 2016 17:00 SC2Toastie wrote:On June 24 2016 16:45 xM(Z wrote:On June 24 2016 16:27 SC2Toastie wrote:On June 24 2016 16:24 xM(Z wrote:On June 24 2016 16:10 Cyro wrote:On June 24 2016 16:01 HolydaKing wrote:Very interesting link, thanks! That's pretty amazing, wow can someone enlighten me about what's so amazing in that link?. i see the rich and their groupies voting remain and the poor and scared voted leave. what's the practical connection with education?. how can the education have the consequences they said it has?. Because apparantly there is a correlation between highly educated (people that, on average, are informed, understand the mechanisms) and the youth (people that, on average, are informed, and HIGHLY affected) that want to remain, and on the other hand older people (less informed, less affected) and poor (BLAME THE EU) to leave. - do they have university level pro-EU courses in UK?. - do those old and/or poor people lack the (mental?)capability to understand the latest debates on this issue?. - Because people that finish higher education tend to be better at understanding and critically questioning information. - Old people have other interests and are more affected by instinct over factual information: 'the past' when 'everything was better' for example. I can't recall there being "safe spaces" in universities 30 years ago.Progress! Fact is the youth are increasingly stuck in a child-like state, not able to think critically or entertain ideas outside of what the left wing politically correct dogma of the day is. Their argument was based on brexiters being "racist", ignoring the fact that Poland doesn't have any black people.The government in fact made it harder for Non-EU immigrants to enter because they were getting so many (overwhelmingly white) EU migrants. As a young person I don't give a flying fuck about the politics of the matter I only care what makes sound fiscal sense leaving the EU doesn't make any sense it that regard so it's a bad idea. Pretty simple concept to grasp.
Spot on.
What a f***ing mess this is. And that's why referendums with 50% thresholds are useless. A higher margin should be required for such a momentous decisions...
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On June 24 2016 17:18 WindWolf wrote:
I see lots of reports on social media about Spain and Gibraltar right now. Any more information about that
Been listening to the radio while working all morning. Haven't heard a thing yet =/
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from BBC:
At one stage, it hit $1.3236, a fall of more than 10% and a low not seen since 1985.
[...]
Top four pound moves post-World War Two
1971 Pound moves 3.4% after Nixon Shock -- cancellation of the direct international convertibility of the United States dollar to gold.
1 November 1978 4.3% "Winter of discontent" shakes global investors confidence in UK's economy.
16 September 1992 4.29% when the UK exited the exchange rate mechanism.
20 Jan 2009 Pound slides 3.9% at the peak of the financial crisis following the demise of Lehman Brothers.
Yeah I read about it being the biggest change in forever but didn't quite realize how big of a difference it is oO
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On June 24 2016 17:19 ahswtini wrote:
since apparently the result isnt legally binding, theoretically cameron or the future leader commit political suicide and refuse to leave the EU for "the greater good"
wont happen but one can hope
Cameron already confirmed he wont do this.
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On June 24 2016 17:19 ahswtini wrote:
since apparently the result isnt legally binding, theoretically cameron or the future leader commit political suicide and refuse to leave the EU for "the greater good"
wont happen but one can hope
That to me seems like such a myopic view with zero chance of sustained success. OK, say that happens. Come next elections these people will get voted out and those who are going to choose to uphold the voters wishes will be voted in. I suppose if you lose the argument with the people, you drag them kicking and screaming for a few years until they vote you out...I'm sure anyone doing this will only inflame the leave folks, and a not insignificant amount of even the remain people who do have some actual belief in democracy.
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Northern Ireland22213 Posts
corbyn looks set to go as well
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On June 24 2016 16:59 Pandemona wrote:Oh, Spain just asked UK for shared Sovereignty over Gibraltar, who are the worst effective by this. Poor buggers gonna get shut out from Spain if we don't agree to this! Show nested quote +On June 24 2016 16:57 AngryMag wrote:On June 24 2016 16:56 DickMcFanny wrote:On June 24 2016 16:48 Pandemona wrote:
Merkel and Sarkozy must be seething right now and who can blame them. Merkel has nobody to blame but herself for this. self reflection and taking responsibility aren't exactly her strong suits. Hope she calls us idiots and our parliament insane for giving this decision to mere plebs.
Merkel calling anyone insane at this point would be lovely.
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United States10569 Posts
On June 24 2016 17:21 Lebesgue wrote:Show nested quote +On June 24 2016 17:07 Linear wrote:On June 24 2016 17:04 iPlaY.NettleS wrote:On June 24 2016 17:00 SC2Toastie wrote:On June 24 2016 16:45 xM(Z wrote:On June 24 2016 16:27 SC2Toastie wrote:On June 24 2016 16:24 xM(Z wrote:On June 24 2016 16:10 Cyro wrote:On June 24 2016 16:01 HolydaKing wrote:Very interesting link, thanks! That's pretty amazing, wow can someone enlighten me about what's so amazing in that link?. i see the rich and their groupies voting remain and the poor and scared voted leave. what's the practical connection with education?. how can the education have the consequences they said it has?. Because apparantly there is a correlation between highly educated (people that, on average, are informed, understand the mechanisms) and the youth (people that, on average, are informed, and HIGHLY affected) that want to remain, and on the other hand older people (less informed, less affected) and poor (BLAME THE EU) to leave. - do they have university level pro-EU courses in UK?. - do those old and/or poor people lack the (mental?)capability to understand the latest debates on this issue?. - Because people that finish higher education tend to be better at understanding and critically questioning information. - Old people have other interests and are more affected by instinct over factual information: 'the past' when 'everything was better' for example. I can't recall there being "safe spaces" in universities 30 years ago.Progress! Fact is the youth are increasingly stuck in a child-like state, not able to think critically or entertain ideas outside of what the left wing politically correct dogma of the day is. Their argument was based on brexiters being "racist", ignoring the fact that Poland doesn't have any black people.The government in fact made it harder for Non-EU immigrants to enter because they were getting so many (overwhelmingly white) EU migrants. As a young person I don't give a flying fuck about the politics of the matter I only care what makes sound fiscal sense leaving the EU doesn't make any sense it that regard so it's a bad idea. Pretty simple concept to grasp. Spot on. What a f***ing mess this is. And that's why referendums with 50% thresholds are useless. A higher margin should be required for such a momentous decisions...
because thats literally how a democracy works. majority wins.
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On June 24 2016 16:39 RvB wrote:Show nested quote +On June 24 2016 16:32 Cam Connor wrote:
hope you guys bought some cheap downside protection I'll be buying options for when the markets will go up again. The dutch stock market already lost 9%!
Cheap downside protection,lol
Downside protection with options in europe has been very expensive this week because of the referendum.
It was much cheaper to buy upside protection for your position
Buying when the market will go up again?
If do short term trades yes but for buy and hold I don't know,i am not optimistic for the coming 6-18 months.
Don't see reason for optimism in Europe now and in November Clinton will be elected,who will get nothing done because the republicans hate her. Well maybe its trump,but I doubt that is a better outcome.
Guess it depends on what the central banks will do,if they flood enough then everything will hold and rebound but when look at longterm charts,then the end of this bull market can not be that far off.
Though no doubt they can prolong it for another year if they keep pumping.
2008 cut the markets in halve, and since then they tripled. While the global economy and geopolitical situation has not improved much.
Its all the fake money keeping assets high but its not dripping into the streets,the only wages that are rising are the bonuses in the city.
They can continue with this but that will only widen the gap and risk bringing populist partys in power.
The elite has become to greedy in the past few years and the population is slowly starting to revolt.
You can see it not only in Europe but also in the states with Bernie and trump,both anti establishment candidates,gaining huge support.
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On June 24 2016 17:24 ahswtini wrote:
corbyn looks set to go as well
I believe john McDonnell would be the favourite to replace him with outside bet of Dan Jarvis
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I don't think anyone questions that this will be universally bad for the remaining EU nations.
Could be fantastic for Ireland, though.
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On June 24 2016 17:26 FlaShFTW wrote:Show nested quote +On June 24 2016 17:21 Lebesgue wrote:On June 24 2016 17:07 Linear wrote:On June 24 2016 17:04 iPlaY.NettleS wrote:On June 24 2016 17:00 SC2Toastie wrote:On June 24 2016 16:45 xM(Z wrote:On June 24 2016 16:27 SC2Toastie wrote:On June 24 2016 16:24 xM(Z wrote:On June 24 2016 16:10 Cyro wrote:On June 24 2016 16:01 HolydaKing wrote:
[quote]
Very interesting link, thanks! That's pretty amazing, wow can someone enlighten me about what's so amazing in that link?. i see the rich and their groupies voting remain and the poor and scared voted leave. what's the practical connection with education?. how can the education have the consequences they said it has?. Because apparantly there is a correlation between highly educated (people that, on average, are informed, understand the mechanisms) and the youth (people that, on average, are informed, and HIGHLY affected) that want to remain, and on the other hand older people (less informed, less affected) and poor (BLAME THE EU) to leave. - do they have university level pro-EU courses in UK?. - do those old and/or poor people lack the (mental?)capability to understand the latest debates on this issue?. - Because people that finish higher education tend to be better at understanding and critically questioning information. - Old people have other interests and are more affected by instinct over factual information: 'the past' when 'everything was better' for example. I can't recall there being "safe spaces" in universities 30 years ago.Progress! Fact is the youth are increasingly stuck in a child-like state, not able to think critically or entertain ideas outside of what the left wing politically correct dogma of the day is. Their argument was based on brexiters being "racist", ignoring the fact that Poland doesn't have any black people.The government in fact made it harder for Non-EU immigrants to enter because they were getting so many (overwhelmingly white) EU migrants. As a young person I don't give a flying fuck about the politics of the matter I only care what makes sound fiscal sense leaving the EU doesn't make any sense it that regard so it's a bad idea. Pretty simple concept to grasp. Spot on. What a f***ing mess this is. And that's why referendums with 50% thresholds are useless. A higher margin should be required for such a momentous decisions... because thats literally how a democracy works. majority wins.
it doesnt.
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On June 24 2016 17:27 DickMcFanny wrote:
I don't think anyone questions that this will be universally bad for the remaining EU nations.
Could be fantastic for Ireland, though.
I would hope Ireland would now seek to leave aswell but I doubt it would happen soon
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Is this the end for the EU army?
https://next.ft.com/content/e90a080e-107b-11e6-91da-096d89bd2173
Initially scheduled to emerge shortly before the June 23 referendum vote but now probably delayed to July, the draft paper seen by the Financial Times outlines steps to gradually co-ordinate Europe’s patchwork of national militaries and embark on permanent co-operation under common structures.
In this and other areas, its tone reflects Germany’s growing clout and confidence in pursuing a foreign policy backed by elements of hard power. Initiatives range from strengthening cyberwarfare abilities to contentious proposals to relax the postwar restrictions on army operations within Germany.
“German security policy has relevance — also far beyond our country,” the paper states. “Germany is willing to join early, decisively and substantially as a driving force in international debates … to take responsibility and assume leadership”.
Jan Techau, a former defence official at Carnegie Europe, said: “This is the time of a new Germany. This is probably the first time a German defence white paper is something like important.”
At the European level, the paper calls for “the use of all possibilities” available under EU treaties to establish deep co-operation between willing member states, create a joint civil-military headquarters for EU operations, a council of defence ministers, and better co-ordinate the production and sharing of military equipment.
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On June 24 2016 17:26 pmh wrote:Show nested quote +On June 24 2016 16:39 RvB wrote:On June 24 2016 16:32 Cam Connor wrote:
hope you guys bought some cheap downside protection I'll be buying options for when the markets will go up again. The dutch stock market already lost 9%! Cheap downside protection,lol Downside protection with options in europe has been very expensive this week because of the referendum. It was much cheaper to buy upside protection for your position Buying when the market will go up again? If do short term trades yes but for buy and hold I don't know,i am not optimistic for the coming 6-18 months. Don't see reason for optimism in Europe now and in November Clinton will be elected,who will get nothing done because the republicans hate her. Well maybe its trump,but I doubt that is a better outcome. Guess it depends on what the central banks will do,if they flood enough then everything will hold and rebound but when look at longterm charts,then the end of this bull market can not be that far off. Though no doubt they can prolong it for another year if they keep pumping. 2008 cut the markets in halve, and since then they tripled. While the global economy and geopolitical situation has not improved much. Its all the fake money keeping assets high but its not dripping into the streets,the only wages that are rising are the bonuses in the city. They can continue with this but that will only widen the gap and risk bringing populist partys in power. The elite has become to greedy in the past few years and the population is slowly starting to revolt. You can see it not only in Europe but also in the states with Bernie and trump,both anti establishment candidates,gaining huge support.
Hey hey now, us Paulistas were first. We are the spearpoint! :p
Though, yes, the political elites are way out of touch with the ordinary person in most of the Western world. Since no one even notices if Canada exists or what goes on there, I stick with my western world anti-establishment apotheosis (I kid Canadians, I kid).
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On June 24 2016 17:21 Godwrath wrote:Show nested quote +On June 24 2016 17:18 WindWolf wrote:
I see lots of reports on social media about Spain and Gibraltar right now. Any more information about that Been listening to the radio while working all morning. Haven't heard a thing yet =/
The only thing I can find right now is that Spain want joint ownership of Gibraltar due to the result of the vote. Can't find anything more than that though.
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fuck they've done it!
A lot of my work is through Gibraltar (Poker) hope they leave it the fuck alone and EEA accepts it
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After UK really leaves, which will take a couple years most likely
And then up to 7 to negotiate trade agreements
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I'd love a livestream of Bob Geldof's face this morning.
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EPT
