Brexit and the Consequences

[Atilla]

What are likely to be the consequences of Brexit?

Thread to consider positive and negative impacts.


Here is the first negative. Shifting UK finance service sector away from London to; Frankfurt, Paris or Amsterdam?

Watch Out London, Amsterdam Is Coming to Get You

 

[tar]

London will lose its status thats for sure no longer financial center ... it takes time though years maybe .

 

[timsk]

What are likely to be the consequences of Brexit?[/URL]

The ability to create and wallow in a quagmire of our own $hyte, as opposed to being forced to wallow in a quagmire of someone else's. Other people's bottom burps smell foul; one's own smell of roses etc.

 

[barjon]

The ability to create and wallow in a quagmire of our own $hyte, as opposed to being forced to wallow in a quagmire of someone else's. Other people's bottom burps smell foul; one's own smell of roses etc.

Well, certainly you lot have dropped us in it however it smells

 

[Atilla]

When Brexiters said we can export more to the rest of the world, I didn't know they meant our remaining financial services and selling our better leading companies like ARM.

I dunno perhaps they were right?

 

[Mr. Charts]

The ability to create and wallow in a quagmire of our own $hyte, as opposed to being forced to wallow in a quagmire of someone else's. Other people's bottom burps smell foul; one's own smell of roses etc.

We will end up importing more Japanese products like knotweed.....

 

[Atilla]

We will end up importing more Japanese products like knotweed.....

That's gotta hurt.


Can you smoke it? :idea:

 

[Aiman]

short gbp wen its oficial...

 

[tar]

UK services PMI 7 years low

 

[Oscar Reed]

No More Brexit Threads

 

[Atilla]

UK services PMI 7 years low

Before those numbers came out this is what two leading international figures said.

IMF's Lagarde says global growth forecast revised downward on Brexit

Draghi sees Brexit vote hitting euro zone growth by up to 0.5 percent over three years: official

 

[counter_violent]

http://www.bbc.co.uk/news/world-europe-36868195

 

[counter_violent]

http://www.dailymail.co.uk/property...-DIGIT-growth-despite-Brexit-uncertainty.html

 

[samfarrell]

I would predict a lot of the gung ho pro Brexit, "make Britain great again" people will move back to the shadows as the UK economy goes south

PMI data is terrible

http://www.telegraph.co.uk/business...pound-gains-ahead-of-uk-manufacturing-and-se/

 

[counter_violent]

I would predict a lot of the gung ho pro Brexit, "make Britain great again" people will move back to the shadows as the UK economy goes south

PMI data is terrible

http://www.telegraph.co.uk/business...pound-gains-ahead-of-uk-manufacturing-and-se/

If you think that's bad. Watch what happens when the EU implodes.

But before it does, a lot of the wealth will move to the UK.

 

[Trader333]

PMI has been in a declining trend since mid way through 2013. It may have dipped more quickly since Brexit but it was heading that way anyway. It would not be surprising to see it bounce back to the trendline.

 

[barjon]

All the current rhetoric from erstwhile exiters and remainers alike is of the "We must make it work" variety.

This smacks of a badly injured sportsman determined to get back into the game and convincing himself he will come back stronger than ever. Shame the injury was self-inflicted.

 

[Trader333]

In what way was a declining PMI self inflicted as it has been in a declining trend since 2013 which has nothing to do with Brexit ? The fact that it is reported as being caused by Brexit conveniently ignores the market trend already in existence.

 

[barjon]

In what way was a declining PMI self inflicted as it has been in a declining trend since 2013 which has nothing to do with Brexit ? The fact that it is reported as being caused by Brexit conveniently ignores the market trend already in existence.

Aye, I was just passing a general comment not replying to yours concerning PMI.

 

[tar]

PMI is just the start ... just watch the decline and trade it ...