Paul ZKTV wrote:Londonrake wrote: You're an inveterate alarmist Paul.
Leadsom's clearly enunciated view was for the immediate triggering of A50. May's approach is much more measured, although, let's not give false hope here, she has said (much like Msr Junker) she accepts the result and out is out.
1. I dont have a single asset in pounds - so it wont affect my income at all
2. i didnt get from south london to bermuda by being smugg
3a she can call A50 ,then its subject to a court battle inc the ECJ
3b she can not call A50 and has a back bench revolt
3c. she can have a general election ,where the 48%-56% who what the EU will wipe em out
3d. she cant win
4.whatever pound drops to 1.10 or less
but happy to hear more smart things from you - after all you were not daft enought to vote out and hope you would not have your monies drop by 20% ,could stay in CY
and have free medical cover - im sure you were brighter then that ..
As an indication on how dire the GBP's performance has been; of the world's top 31 currency's, GBP has been the worst performer in 2016, having overtaken the Argentine Peso
Yes Paul, you've stressed on quite a few occasions that basically you are fully insulated against the UK leaving the EU. Which makes me wonder why some of your posts are bordering on the frothing mouth.
You may have gotten to Bermuda by not being smugg (sic) but you certainly didn't get there for your literary skills. Your post is littered with mistakes. You give the impression of somebody overflowing with indignation and anger. Calm down mate. We're not going to change anything on the basis of what's said in here. People will just start avoiding you.
Whether May can or can't, will or won't invoke Article 50 and the what wherefores of any such action will all be revealed in good time. What I can say is that she's stated on several occasions that she will respect the result of the referendum and act accordingly. In fact, both the major political parties are saying that. You guys can thrash around, trawling for reasons why the UK can't or won't leave but that's the political situation at the moment in the UK.
I fully expected a period of financial dislocation. What's being masked by Brexit though is that all the indicators were already pointing to a downward trend in the UK economy. Moreover, Lagarde had said several times that the IMF's view was the £ stood overvalued by something like 15 - 18%. That had nothing to do with Brexit. Like a lot of people though I think - it wasn't about the money to me.
It isn't "smart things" from me. You posted something about people rushing to get off the RMS UK because Leadsom had dropped out of the leadership race. That was being a tad precipitate. If you'd kept up you would have realised that for obvious reasons the exact opposite was going to be true.
I've never actually used free medical cover. Should I fall ill (so far so good) I would use one of the excellent clinics/private hospitals available. In fact wrt one of your earlier comments about heart surgery, of the what must be scores of UK Expats I've known here there was only one that's been unfortunate enough to require such work doing. They paid for it via health insurance. There is nothing yet of course to suggest that the current arrangements will not stay in place via a bilateral agreement, post exit. There are 300,000 Cypriots in the UK, including over 10,000 students who will need covering. I appreciate many have UK or dual passports but those that don't significantly outweigh the number of UK Expats in Cyprus. Again though, why run around like a headless chicken about it - making Armageddon-like statements/threats - at this stage of the game?
