Jun 22, 2016 -- 9:17PM, TheInvestor2 wrote:
Leaving would be terrible for our economy. First time buyers might be happy if house prices fall through the floor, and British exporters might be happy with a much weaker pound, but overall it would be very damaging. That's not just speculation, you can see how massively the FTSE and pound have strengthened over easing fears (less likelihood) of a Brexit.
It wouldn't, it would be a net gain
Jun 22, 2016 -- 9:21PM, Rider wrote:
anyone know how much longer they can delay game for before its abandoned
Play all night!
Jun 22, 2016 -- 9:23PM, TheInvestor2 wrote:
You don't need to speculate...Just look at what the odds have been for Brexit and where the stock market / pound has traded."The pound has rallied strongly against the dollar and the FTSE 100 has soared in the wake of polls and betting markets suggesting Remain ahead in the run-up to the EU referendum."So it's pretty black and white what the markets are saying: leaving is bad (at least financially). This is people all around the world with real money on the line, not some politician on one side or the other merely trying to win an argument.Some people might think it will be a net gain to leave, but the consensus in the financial markets is the exact opposite.
That's what they are doing, speculating.
Just because the FTSE goes up, it doesn't mean it's good news.
Every time more QE is introduced or a bank is bailed out, the market goes up. Believe me that ain't good news.