Maximus wrote:Im waiting to see what happens to the FTSE when the London Stock exchange opens.
If the leave camp win, or maybe just to catch up with the overnight news, a 30-50% devaluation and billions more pounds gone I reckon.
What does that tell you about the '
system'? The drops whether currency or markets are due to speculators! Speculators and the revenge of the EU hierarchy, not the UK's decision will cause the hardships. The Bankers have apparently already made millions on speculation in the last few hours.
Nothing has changed since yesterday except a vote. The biggest threat is that the European Government will now try to make the UK pay for its '
mistake' to deter others from taking the same route. But they should remember what happened when they tried to punish Russia! The decision to impose sanctions as dictated by the US, cost the EU billions as Russia put up their own tradebarriers and the Russians turned else where.
To me the referendum question was wrong! It should have been a choice between a Europe as a trading block and a Federal Europe ...... and ALL EU countries should have voted. Now .... that result would be far easier to predict.
Now all there is on TV are the usual mouthpieces giving their opinions .....catastrophic, disaster, calamitous, tragic, appalling etc ........the same mouthpieces that get it wrong in the lead up to the Brexit vote and misjudged the will of the people.