Brexit = Low Pound Sterling = Wayland order?

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Brexit = Low Pound Sterling = Wayland order?

Post  Matt Varnish on Fri Jun 24, 2016 7:26 am

As the british pound is low right now, should we make an order? I cant really think of anything I need, but maybe others do...
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Re: Brexit = Low Pound Sterling = Wayland order?

Post  RKelly on Fri Jun 24, 2016 8:14 am

Might be the way to get our Team Yankee Germans?

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Re: Brexit = Low Pound Sterling = Wayland order?

Post  Diragi on Fri Jun 24, 2016 9:00 am

Just give it a few months for the Scottish Independence / Irish re-unification movements to get going full speed and I'm sure the Pound will be down to Peso levels.

Fucking idiots.
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Re: Brexit = Low Pound Sterling = Wayland order?

Post  Matt Varnish on Fri Jun 24, 2016 9:05 am

Maybe itll be cheaper to fly to the UK Flames Nationals than drive to Historicon ? Smile

Wait, didn't Scotland JUST HAVE their referendum? Or will they go for round two like QC, and turn their Referendum into a Never-endum......
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Re: Brexit = Low Pound Sterling = Wayland order?

Post  Diragi on Fri Jun 24, 2016 9:21 am

Matt Varnish wrote:Wait, didn't Scotland JUST HAVE their referendum?  Or will they go for round two like QC, and turn their Referendum into a Never-endum......

True but with Quebec the general political situation never really changes other than the charisma of whatever separatist is in charge. So it's not that surprising that the end result doesn't change a whole lot.

In the referendum last night London (69%), Scotland (62%), and Northern Ireland were all solidly in the Remain camp. While the rest of England and Wales were either split or pretty solidly in the go camp.

The 2015 Scottish independence vote was 55/45% stay (with a pretty big last minute swing from a coin flip to stay). Not sure how correlated independence and pro-EU camps are; but I don't think that split being switched next time would be a stretch.

http://www.bbc.com/news/uk-scotland-scotland-politics-36621030
"Scotland's first minister has said a second independence referendum is "highly likely" after the UK voted to leave the EU.

Nicola Sturgeon said it was "democratically unacceptable" that Scotland faced the prospect of being taken out of the EU against its will.

She said the Scottish government would begin preparing legislation to enable another independence vote.

Scotland voted in favour of the UK staying in the EU by 62% to 38%.

The UK as a whole has voted to leave, by a margin of 52% to 48%, prompting UK Prime Minister David Cameron to announce he would stand down by October.

The SNP manifesto for May's Holyrood elections said the Scottish Parliament should have the right to hold another referendum if there was a "significant and material change" in the circumstances that prevailed at the time of the 2014 referendum, such as Scotland being taken out of the EU against its will."
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Re: Brexit = Low Pound Sterling = Wayland order?

Post  Twinlinked on Fri Jun 24, 2016 9:42 am

Apparently the negotiations for breaking treaty obligations will take upwards of 2 years, so nothing is going to happen tomorrow,

Will be interesting to see if the UK breaks apart over this, its certainly not a good time to have any investments in the UK market,

It certainly appears to me like an economic decision like this should not have been put up to a referendum, Cameron should never have allowed this referendum to happen, or he should have said a higher then 50% score was required, he gambled and lost hard, if the referendum had come back say 60% "Stay" he coudl have put the issue to bed forever but now he has usher his country into a huge period of unknowns that can last for a decade.. oops..

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Re: Brexit = Low Pound Sterling = Wayland order?

Post  Diragi on Fri Jun 24, 2016 10:18 am

I think the only reason Cameron agreed to the referendum in the first place was to appease ~80 back benchers that threatened to go to the UKIP. And at the start of the campaign the stay campaign was up 60/40. I guess they were a little too complacent got blindsided. And the Go side campaigned on a lot of bullshit math, anti refugees (even though the country is loaded with Indians and Hong Kongians that have nothing to do with Syria), and big v small government.

"It didn't quite go as planned" - Translation: I may have caused irreversible damage on a monumental scale

I think the economic problems go beyond the Divided Kingdom. Even if England can negotiate a sweatheart deal (which to be fair, they already have a way better setup that the other 28 nations) they are still fucked. London gets a lots of investment from NA companies that want to sell into the EU... now there's no point. Their best bet is that the whole EU goes to shit and they roll back the clock to more of a trade agreement rather than semi-shared sovereignty setup. And the EU knows that and will want to stop other countries from leaving at all costs so it's more likely they give a giant middle finger in negotiations.

I get why there's a lot of frustration in England, over the last few decades London has grown at double the rate (or more?) in wealth generation than the rest of the country. But to lay the blame for the English stagnation on joining the EU in the early 70's and not anything else and saying isolationism is the way to go is down right Trumpian.
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Re: Brexit = Low Pound Sterling = Wayland order?

Post  Joyous_Oblivion on Fri Jun 24, 2016 10:30 am

As of this morning the exchange rate doesn't look too amazing. $1.78 CDN for 1 Pound. Not bad but not much difference. Been under $2 for a long while.

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Re: Brexit = Low Pound Sterling = Wayland order?

Post  Twinlinked on Fri Jun 24, 2016 10:33 am

Trumps Press release on Brexit is telling:

https://www.donaldjtrump.com/press-releases/donald-j.-trump-statement-regarding-british-referendum-on-e.u.-membership

I wonder if Brexit will be good or bad for trumps numbers..

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Re: Brexit = Low Pound Sterling = Wayland order?

Post  Diragi on Fri Jun 24, 2016 10:48 am

Joyous_Oblivion wrote:As of this morning the exchange rate doesn't look too amazing. $1.78 CDN for 1 Pound. Not bad but not much difference. Been under $2 for a long while.

Well the $CDN took a hit as well, just not quite as big.
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Re: Brexit = Low Pound Sterling = Wayland order?

Post  Diragi on Fri Jun 24, 2016 10:53 am



One of the leaders for the Brexit side (Boris; ex-London mayor). Look familiar? Razz
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Re: Brexit = Low Pound Sterling = Wayland order?

Post  Diragi on Fri Jun 24, 2016 12:17 pm



Interesting. And given that main marketing on the Go bus was to put more money back into the NHS (which they are already backpedaling hard on)...
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Re: Brexit = Low Pound Sterling = Wayland order?

Post  Twinlinked on Fri Jun 24, 2016 12:39 pm

yeah,

just goes to show how some stuff shouldn't be done by referendum,

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Re: Brexit = Low Pound Sterling = Wayland order?

Post  Glitch on Fri Jun 24, 2016 3:00 pm

Big consideration in the Scotland referendum was that they wanted to remain in the EU, but knew England would block their membership if they separated. This doesn't seem to be an issue anymore.
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Re: Brexit = Low Pound Sterling = Wayland order?

Post  Twinlinked on Fri Jun 24, 2016 3:38 pm

If Scotland turns around and separates and then joins the EU that will be a definite kick in the pants for the UK..

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Re: Brexit = Low Pound Sterling = Wayland order?

Post  Diragi on Thu Jun 30, 2016 11:40 am

Some more Brexit humour:
So, let me get this straight… the leader of the opposition [Corbyn] campaigned to stay but secretly wanted to leave, so his party held a non-binding vote to shame him into resigning so someone else could lead the campaign to ignore the result of the non-binding referendum which many people now think was just angry people trying to shame politicians into seeing they’d all done nothing to help them.

Meanwhile, the man who campaigned to leave [Boris] because he hoped losing would help him win the leadership of his party, accidentally won and ruined any chance of leading because the man [Cameron] who thought he couldn’t lose, did – but resigned before actually doing the thing the vote had been about. The man [?] who’d always thought he’d lead next, campaigned so badly that everyone thought he was lying when he said the economy would crash – and he was, but it did, but he’s not resigned, but, like the man who lost and the man who won, also now can’t become leader. Which means the woman [May] who quietly campaigned to stay but always said she wanted to leave is likely to become leader instead.

Which means she [May] holds the same view as the leader of the opposition [Corbyn] but for opposite reasons, but her party’s view of this view is the opposite of the opposition’s. And the opposition aren’t yet opposing anything because the leader isn’t listening to his party, who aren’t listening to the country, who aren’t listening to experts or possibly paying that much attention at all. However, none of their opponents actually want to be the one to do the thing that the vote was about, so there’s not yet anything actually on the table to oppose anyway. And if no one ever does do the thing that most people asked them to do, it will be undemocratic and if any one ever does do it, it will be awful.

Clear?


And:

Brave Sir Boris ran away.
Bravely ran away, away!
When danger reared its ugly head,
He bravely turned his tail and fled...

Yes, brave Sir Boris turned about,
And gallantly he chickened out.
Bravely taking to his feet,
He beat a very brave retreat.
Bravest of the brave, Sir Boris!


Last edited by Diragi on Thu Jun 30, 2016 1:05 pm; edited 1 time in total
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Re: Brexit = Low Pound Sterling = Wayland order?

Post  Twinlinked on Thu Jun 30, 2016 12:31 pm

Lol, seems to sum up the current situation fairly well..

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Re: Brexit = Low Pound Sterling = Wayland order?

Post  Glitch on Thu Jun 30, 2016 2:01 pm

I think most soap operas are easier to follow... We just need aliens to complete the drama...
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Re: Brexit = Low Pound Sterling = Wayland order?

Post  Matt Varnish on Thu Jun 30, 2016 2:12 pm

legal or illegal? bcs there are lots in Calais waiting to come in <rimshot>
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