EU Referendum

MarkE

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No wonder Sterling is struggling when it's being continually knocked by our own chancellor. You could'nt make it up. He could say that if we leave Sterling would take a hit, but being the strong trusted currency it is, will soon rebound.
 

CheltenhamHacker

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No wonder Sterling is struggling when it's being continually knocked by our own chancellor. You could'nt make it up. He could say that if we leave Sterling would take a hit, but being the strong trusted currency it is, will soon rebound.

Or he could tell what he "may" consider to be the truth. Or is this a case of "it's remains fault if it all goes bad after we leave"?
 

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No wonder Sterling is struggling when it's being continually knocked by our own chancellor. You could'nt make it up. He could say that if we leave Sterling would take a hit, but being the strong trusted currency it is, will soon rebound.

So thats why he played so bad last week! Hope Roy gives him a rest tomorrow..
 

MarkE

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Or he could tell what he "may" consider to be the truth. Or is this a case of "it's remains fault if it all goes bad after we leave"?

The fact is, we could vote to leave. Our chancellor should be preparing sterling for that eventuality not talking it down all the time. Or is it because if we do leave, he won't be around to influence matters anyway?
 

CheltenhamHacker

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The fact is, we could vote to leave. Our chancellor should be preparing sterling for that eventuality not talking it down all the time. Or is it because if we do leave, he won't be around to influence matters anyway?

So you're saying he should be supporting Leave's case, by saying "yeh we're strong and we'll recover". OR should he be accurate and rightly warn everyone of the many many risks of voting Leave.

What is your argument around the hit taken to the economy in the last few days, Remains fault as well? Or actually an example of the potential for big issues post leave....
 

Foxholer

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This is quite easily the worst example of democracy I've ever been exposed to.

I believe this is precisely why many decisions should (and are!) be upwardly delegated to elected - or even appointed (as is the case with the EU) - representatives! And unless an issue has been addressed in the Manifesto, the decisions any government takes are hardly democratic! Was Blair's decision to go to war 'democratic'? Was Cameron's decision to bomb IS 'democratic'? And these are just a couple of 'obvious' ones that immediately spring to mind!

However, this particular question is an issue where it is absolutely right to have a referendum! And the fact that it was in the manifesto of the party that won the election absolutely requires there to be one!!

The fact that the 'political class' are confirming that most are the lying, conniving scoundrels that most of us thought them to be, is an interesting side-show!
 
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MarkE

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So you're saying he should be supporting Leave's case, by saying "yeh we're strong and we'll recover". OR should he be accurate and rightly warn everyone of the many many risks of voting Leave.

What is your argument around the hit taken to the economy in the last few days, Remains fault as well? Or actually an example of the potential for big issues post leave....

No problem with him backing his own convictions, but as chancellor he has to support and promote sterling whatever the outcome.
As for the economy lately, it's no sides fault, just the markets don't like uncertainty. Helped not one iota by Osbourne's constant negativity.
 

Foxholer

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As for the economy lately, it's no sides fault, just the markets don't like uncertainty. Helped not one iota by Osbourne's constant negativity.

That's certainly the case! There was enough 'uncertainty' in the last few months, but with surveys indicating gains/maybe a win by Brexit, then both the uncertainty and the likelelihood of a (bigger!) downward effect increases! Not only has £GB dropped against $US (and Euro), but Gold has risen against $US - so quite a bit of 'sheltering risk' going on!

Actually, 'the markets' love uncetainty! There's normally a huge increase in activity - so fees - and it gives them the opportunity to make (or lose!) serious amounts - which is what many/most of them are actually there to do!
 
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MegaSteve

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Amazed anyone still believes we are going anywhere whatever the outcome of the vote...

In truth its been a bit of a sham since day one...
Too many vested interests involved...

One day [hopefully] we'll get a government who put the people first not the needs of their mates in big business...


Sadly won't be happening in my lifetime...
 

Hacker Khan

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Warning, simplification of reality for comic effect, I repeat, simplification of reality for comic effect. So don't take it too seriously.

.eu.jpg
 

MarkE

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That's certainly the case! There was enough 'uncertainty' in the last few months, but with surveys indicating gains/maybe a win by Brexit, then both the uncertainty and the likelelihood of a (bigger!) downward effect increases! Not only has £GB dropped against $US (and Euro), but Gold has risen against $US - so quite a bit of 'sheltering risk' going on!

That may be the case, who knows. My initial point was that Osbourne should be doing his utmost to protect sterling from any downward spiral, not dragging it down further with his negative comments.
 

FairwayDodger

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That may be the case, who knows. My initial point was that Osbourne should be doing his utmost to protect sterling from any downward spiral, not dragging it down further with his negative comments.

Hmm there's a bit of clicken and egg going on here. Not that I'm defending Osborne for anything, ever, the odious little man.
 

MegaSteve

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Warning, simplification of reality for comic effect, I repeat, simplification of reality for comic effect. So don't take it too seriously.

.View attachment 19759


As a supporter of someone appearing amongst the 'in crowd'...
Hugely disappointed that, when finally falling off the fence, he's come off on the 'wrong' side...

His 2IC seems to be trying to repair the 'damage' from this fall...
But, too little too late I fancy...

Can see a whole lot more 'ordinary' working folk crossing over to the dark side following this...
Which simply can't be good...
 
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FairwayDodger

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As a supporter of someone appearing amongst the 'in crowd'...
Hugely disappointed that, when finally falling off the fence, he's come off on the 'wrong' side...

His 2IC seems to be trying to repair the 'damage' from this fall...
But, too little too late I fancy...

Can see a whole lot more 'ordinary' working folk crossing over to the dark side following this...
Which simply can't be good...

Picard? Riker is for brexit then?
 

TerryA

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I'm voting 'leave'
All the arguments are based on supposition - this might happen, that might happen. I say it might not.
What is for certain is that we do not have the infrastructure to cope with the number of people living here right now so I do not want this to get worse.
 
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