EU Referendum

[SocketRocket]

It should be. But Cameron made it ridiculously vital by not setting the boundaries of the referendum properly.
What it isn't is carte blanche to rip up every contact with our trading partners and allies and start bombing Dresden.
What it should be is a mandate to keep a 'common market ' (now there's a phrase for the teenagers....) open and also increase trading links around the world.
But it looks like there are too many politicians that want their pound of political flesh to look at the bigger picture.
🙄

Do you mean he didn't set the boundaries such that they make the Remainers win. If the vote had gone the other way and Remain won by the same percentages none of them would be saying it was unfair to the Brexeteers.

 

[Foxholer]

Bank of England getting involved pro-actively (or maybe not!) providing over £150Bn of liquidity to banks for lending - supposedly to all sectors.

Entirely predictable/predicted requirement and an indication of 'challenging environment' that now exists. More such moves may be required in the coming months!

Government been surprisingly quiet - at least media reporting of its activity. The sooner the Conservatives settle the leadership issue, the better. Then, hopefully, both Cameron and the PM-in-waiting can speak positively about the way forward, which is far better than the current 'vacuum'!

 

[vkurup]

So BoE has reduced liquidity requirements for bank so they can lend more – though it can technically also make them weaker as they have lower reserves. Three property funds have stopped redemptions to stop a run on them. Sterling at 31-year low and dropping. The so called leaders of Brexit have decided to it is time to get their life back so they don’t have to implement the lies. The Govt. (or whatever exists now) does not seem to have a plan. To use Mark Carney’s phrase "There is evidence that some risks have begun to crystallise. The current outlook for UK financial stability is challenging." – but what would Mark know. At what point does someone take charge and point out that the Emperor’s new clothes are not as beautiful as they used to be.

Chip up folks, we can get thru this.

 

[User62651]

So BoE has reduced liquidity requirements for bank so they can lend more – though it can technically also make them weaker as they have lower reserves. Three property funds have stopped redemptions to stop a run on them. Sterling at 31-year low and dropping. The so called leaders of Brexit have decided to it is time to get their life back so they don’t have to implement the lies. The Govt. (or whatever exists now) does not seem to have a plan. To use Mark Carney’s phrase "There is evidence that some risks have begun to crystallise. The current outlook for UK financial stability is challenging." – but what would Mark know. At what point does someone take charge and point out that the Emperor’s new clothes are not as beautiful as they used to be.

Chip up folks, we can get thru this.

If you happended to catch the Adrian Chiles programme re Brexit on BBC last night, you would see that the state of the economy had next to no bearing on the people he was speaking to who voted to leave. Concerns were all on council house access priority, welfare benefits access, eastern europeans undercutting so putting British out of work etc. What Mark Carney has to say or what happens in the City is of no interest and not even understandable for a huge swathes of the poor population who feel they get squeezed the hardest by economic migrants. David Cameron failed to realise this because he was born with a silver spoon in his mouth and has never suffered any kind of economic hardship himself and lives in a Westminster bubble. So out of touch as evidenced by DC opting to even have the referendum. It was an enormous gamble to placate the right of his own party and UKIP which badly backfired. We will have to get thru this but you can be assured that those Tories at the root cause of this mess will not suffer in the slightest.

 

[harpo_72]

If you happended to catch the Adrian Chiles programme re Brexit on BBC last night, you would see that the state of the economy had next to no bearing on the people he was speaking to who voted to leave. Concerns were all on council house access priority, welfare benefits access, eastern europeans undercutting so putting British out of work etc. What Mark Carney has to say or what happens in the City is of no interest and not even understandable for a huge swathes of the poor population who feel they get squeezed the hardest by economic migrants. David Cameron failed to realise this because he was born with a silver spoon in his mouth and has never suffered any kind of economic hardship himself and lives in a Westminster bubble. So out of touch as evidenced by DC opting to even have the referendum. It was an enormous gamble to placate the right of his own party and UKIP which badly backfired. We will have to get thru this but you can be assured that those Tories at the root cause of this mess will not suffer in the slightest.

Your right, he should have said all those with jobs and pay tax could drop in their abundance and you won't worry about houses or benefits etc... Just which bin has something in it. Honesty has to be brutal sometimes. Where is Simon Cowel?

 

[vkurup]

If you happended to catch the Adrian Chiles programme re Brexit on BBC last night, you would see that the state of the economy had next to no bearing on the people he was speaking to who voted to leave. Concerns were all on council house access priority, welfare benefits access, eastern europeans undercutting so putting British out of work etc. What Mark Carney has to say or what happens in the City is of no interest and not even understandable for a huge swathes of the poor population who feel they get squeezed the hardest by economic migrants. David Cameron failed to realise this because he was born with a silver spoon in his mouth and has never suffered any kind of economic hardship himself and lives in a Westminster bubble. So out of touch as evidenced by DC opting to even have the referendum. It was an enormous gamble to placate the right of his own party and UKIP which badly backfired. We will have to get thru this but you can be assured that those Tories at the root cause of this mess will not suffer in the slightest.

True.. a bit like English footballers who are over paid and overhyped. They do a Brexit and go on holidays to get away from it while the rest of thhe hopeful spectators have to pick the next team to support..

I can see some of the reasons why we voted Leave, but unfortunately anger directed at out of touch Westminster is now a self inflicted wound. Also unfortunately what Mark Carney says or what the city does has a trickle down effect into the rest of the country. Now that we are over the emotions of the vote, the consequences start rolling in which will unfortunately hit the lowest rung of the society the most.

 

[vkurup]

... last week this landed in the mailbox..

Hi XXX,
Hope you are doing well. As you may know I am an international recruiter for X and Y, and I like to keep my finger on the pulse. At this time it is unclear as to how Brexit will affect the UK market. I would be keen to know your thoughts, if you are available for a call?
Kind regards,
abc

----
Looks like Brexit might give international recruiting a fillip ..

 

[Rooter]

If you happended to catch the Adrian Chiles programme re Brexit on BBC last night, you would see that the state of the economy had next to no bearing on the people he was speaking to who voted to leave. Concerns were all on council house access priority, welfare benefits access, eastern europeans undercutting so putting British out of work etc. What Mark Carney has to say or what happens in the City is of no interest and not even understandable for a huge swathes of the poor population who feel they get squeezed the hardest by economic migrants. David Cameron failed to realise this because he was born with a silver spoon in his mouth and has never suffered any kind of economic hardship himself and lives in a Westminster bubble. So out of touch as evidenced by DC opting to even have the referendum. It was an enormous gamble to placate the right of his own party and UKIP which badly backfired. We will have to get thru this but you can be assured that those Tories at the root cause of this mess will not suffer in the slightest.

absolutely spot on about the majority of brexit voters couldn't give a stuff about BOE rates etc, but this is why the public should not have been allowed to vote on this, these people do not realise that if the country goes into recession again, there will be no new council houses, there will be no extra benefits (more likely cuts! across the board too, education, health, roads, social care etc etc etc), we as a nation will outsource more so in fact, the finances of the country actually dictate everything and it is the most important factor.

 

[MarkE]

absolutely spot on about the majority of brexit voters couldn't give a stuff about BOE rates etc, but this is why the public should not have been allowed to vote on this, these people do not realise that if the country goes into recession again, there will be no new council houses, there will be no extra benefits (more likely cuts! across the board too, education, health, roads, social care etc etc etc), we as a nation will outsource more so in fact, the finances of the country actually dictate everything and it is the most important factor.

Exactly the kind of condescending remark that gets peoples backs up about the perceived elite of society. These people as you call them, have nothing anyway and just maybe voting to leave the EU could improve their lot in life. Better than the status quo anyway.

 

[FairwayDodger]

absolutely spot on about the majority of brexit voters couldn't give a stuff about BOE rates etc, but this is why the public should not have been allowed to vote on this, these people do not realise that if the country goes into recession again, there will be no new council houses, there will be no extra benefits (more likely cuts! across the board too, education, health, roads, social care etc etc etc), we as a nation will outsource more so in fact, the finances of the country actually dictate everything and it is the most important factor.

Indeed. The Adrian chiles programme was depressing on a number of levels, not least of which was that the majority of reasons cited for voting to leave were little to do with the EU and more a protest against the government. By people who admitted they don't vote in general elections.

 

[Val]

Exactly the kind of condescending remark that gets peoples backs up about the perceived elite of society. These people as you call them, have nothing anyway and just maybe voting to leave the EU could improve their lot in life. Better than the status quo anyway.

Really? Maybe you could explain where this will happen for people who have nothing or very little?

For many this nothing or very little could become even less as the price of day to day imports (food being one of the main ones) starts to rise and benefits potentially get cut further.

 

[Rooter]

Exactly the kind of condescending remark that gets peoples backs up about the perceived elite of society. These people as you call them, have nothing anyway and just maybe voting to leave the EU could improve their lot in life. Better than the status quo anyway.

How is it condescending? Maxfli said "the state of the economy had next to no bearing on the people he was speaking to who voted to leave. Concerns were all on council house access priority, welfare benefits access, eastern europeans undercutting so putting British out of work etc.'

Sorry, i should have said 'The' people.

You want Salt and Vinegar for that chip? I was anti Brexit before, now its happened i am ready to embrace it, but it should have not got this far. We should have had this decision made for the greater good of the nation by experts who had done thorough analysis of the pro's and con's of leaving, not Joe Public basing their vote on what they read in the papers, saw on the TV or heard down the pub.

 

[Val]

How is it condescending? Maxfli said "the state of the economy had next to no bearing on the people he was speaking to who voted to leave. Concerns were all on council house access priority, welfare benefits access, eastern europeans undercutting so putting British out of work etc.'

Sorry, i should have said 'The' people.

You want Salt and Vinegar for that chip? I was anti Brexit before, now its happened i am ready to embrace it, but it should have not got this far. We should have had this decision made for the greater good of the nation by experts who had done thorough analysis of the pro's and con's of leaving, not Joe Public basing their vote on what they read in the papers, saw on the TV or heard down the pub.

At the end of the day that is what they were elected to do, wholeheartedly agree that Joe Public shouldnt have had this vote.

 

[SocketRocket]

Carney does a great job talking the country down. He looks like he has just been slapped around the face a few times with a wet haddock and then spills out his downbeat message. The sooner they get rid of him so he can peruse his real ambitions in Canadian politics the better, we need people that can give out positive vibes.

 

[Rooter]

At the end of the day that is what they were elected to do, wholeheartedly agree that Joe Public shouldnt have had this vote.

And paid for Val! they want 100k a year plus bonus and expenses? well bloody earn it and make decisions!!

 

[FairwayDodger]

Carney does a great job talking the country down. He looks like he has just been slapped around the face a few times with a wet haddock and then spills out his downbeat message. The sooner they get rid of him so he can peruse his real ambitions in Canadian politics the better, we need people that can give out positive vibes.

Down with experts! Boo! Burn the heretic!

 

[SocketRocket]

Down with experts! Boo! Burn the heretic!

Did I suggest he's not an expert. Did I? My post suggested his demeanour and downbeat message is not what is required from someone in his job. We need people that will talk up the markets not talk them into recession as has happened so many time before.

 

[Hobbit]

Exactly the kind of condescending remark that gets peoples backs up about the perceived elite of society. These people as you call them, have nothing anyway and just maybe voting to leave the EU could improve their lot in life. Better than the status quo anyway.

I disagree. Would you employ a plumber to do brain surgery? Sometimes you've just got to acknowledge that some people are better placed to make certain decisions.

The first failing was by Cameron deciding to give an important decision to the masses without an plan on how to educate the masses (honestly) to make that decision. As for then allowing both sides to lie and lie and lie... an appalling lack of acceptance of the responsibility to run an honest and fair campaign.

 

[jp5]

Carney does a great job talking the country down. He looks like he has just been slapped around the face a few times with a wet haddock and then spills out his downbeat message. The sooner they get rid of him so he can peruse his real ambitions in Canadian politics the better, we need people that can give out positive vibes.

I don't think Carney has as much influence as you think he does.

In fact he's probably been one of the more stabilising figures of recent weeks.

 

[FairwayDodger]

Did I suggest he's not an expert. Did I? My post suggested his demeanour and downbeat message is not what is required from someone in his job. We need people that will talk up the markets not talk them into recession as has happened so many time before.

I disagree, we need someone to tell it like it is. Sorry if the facts don't suit the rose tinted brexit agenda.