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Post by mangomoney on May 17, 2016 15:49:18 GMT 7
Brexit risks '25pc house price crash' but Fitch warns remain vote will not resolve EU tensionsSzu Ping Chan 16 MAY 2016 • 2:22PM House prices could crash by 25pc and the pound drop by a third if the UK leaves the EU, according to Fitch, which warned that social tensions risked boiling over even if Britain stays in the bloc. The rating agency said a messy exit characterised by "rancorous and protracted" trade negotiations would fuel market turbulence and risk "permanent damage" to the UK's financial sector. Brexit could 'shift centre of gravity in EU' Under this scenario, the value of sterling would drop by 30pc against a basket of other currencies by the end of 2016, pushing retail failures to levels not seen since the 2008 financial crisis and hitting UK landlords through a clampdown in immigration. However, Fitch warned that a vote to stay in the bloc would also lead to unrest, as it predicted that net EU migration would remain elevated for years to come. more... www.telegraph.co.uk/business/2016/05/16/brexit-risks-25pc-house-price-crash-but-fitch-warns-remain-vote/
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Post by rgs2001uk on May 17, 2016 21:46:13 GMT 7
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Post by Fletchsmile on May 18, 2016 9:08:27 GMT 7
Yes if I didn't know better I might think they're trying to tempt me to come back to the UK: cheaper house prices, buy 30% more with my THB, and less foreign immigration  If the government can then cut down the taxes it takes off me to pay for all the things it p***es away money on and reduce the number of freeloaders, then maybe they're onto a good thing. Actually, currency devaluation (helps exports), cheaper houses (for people to buy homes) and reduced immigration all sound steps forward if you want more independence for the country and controlling your own destiny. Biggest losers I can see are those in the City. A large part of that 25% house price crash would be in London, and I could see the Financial Services sector being weakened. Relative to the rest of the UK, the City has too large a slice of the pie anyway. |
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Post by Fletchsmile on May 18, 2016 10:31:34 GMT 7
and now we have Brexit the movie I remember naked pictures of Jennifer Lawrence circulating the internet. Hopefully Farage and Hoey won't be emulating that though. Brexit: The Movie launch gives red carpet treatment to debateThe Brexit referendum was given the red carpet treatment at a special London premiere, held in Leicester Square last week.
Instead of Hollywood stars like Jennifer Lawrence and George Clooney, bemused onlookers had to make do with the likes of UKIP’s Nigel Farage and Labour’s Kate Hoey and a 70-minute film dedicated to the Brexit referendum debate
contd
www.internationalinvestment.net/other/brexit-movie-gives-red-carpet-treatment-debate/
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Post by Soutpeel on May 18, 2016 11:11:02 GMT 7
A 30% drop in a GBP ?...bring it on, a quick and easy way of making good money on my USD, buy low sell high as the old saying goes.
But one suspects this piece is inspried by some tory "the martians will invade if Brexit goes through" scaremongering public school halfwit called Wodger
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GavinK
Crazy Mango
Posts: 101
Likes: 55
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Post by GavinK on May 18, 2016 18:32:17 GMT 7
...and the cost of a pint will drop by 90% Cheers!
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siampolee
Detective
Alive alive O
Posts: 14,357 
Likes: 9,180
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Post by siampolee on May 21, 2016 16:12:09 GMT 7
A very large content of ''IF'' and doom and gloom regarding Brexit.
The truth of the matter is that the Brexit campaign is but a catalyst for a number of other less than happy members of the E.U.to put into action their own E.U. exit strategies.
The inclusion of the third and fourth class European economies and their parasitical economies is dragging the rest of the E.U.down and the whole house of cards and corruption will soon collapse and the sooner the better.
Common sense and a return to the old trade agreements and every country in Europe regaining its ''sovereign state status'' will be the renaissance that is needed to kick start a European and worldwide economic recovery.
Remember the true cost of the Lend Lease programme from the last century.
Cast aside the chains of the American inspired and American only beneficial TTIP as well as TAFTA and the world will be a better place economically and in the long run politically. Ally with the Russians and Europe will with all its countries functioning together as a trading entity as opposed to a political entity and we will come to see the E.U. bloc will come to lead the world commercially but with no combined political aims.
Land and sea country borders reinstated and recorded travel movement will curtail the silent invasion of hostile parasitical ''refugee's'' and as a bonus that will hit the terrorists hard too.
Time to say goodbye to the E.U and its bunch of self serving and non elected leaders too to the tune of ''Goodbye Dolly Grey.''
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Post by rgs2001uk on May 21, 2016 16:28:30 GMT 7
Watched a documentary recently about how Norway was lied to, loss of jobs etc etc, none of what was forecast ever came to pass.
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Post by Soutpeel on May 21, 2016 18:39:56 GMT 7
Watched a documentary recently about how Norway was lied to, loss of jobs etc etc, none of what was forecast ever came to pass. The EU tried to get their piggy snouts into Norways oil and gas recently and the Norwegians told the EU to go f themselves |
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Post by rgs2001uk on May 21, 2016 21:05:39 GMT 7
Watched a documentary recently about how Norway was lied to, loss of jobs etc etc, none of what was forecast ever came to pass. The EU tried to get their piggy snouts into Norways oil and gas recently and the Norwegians told the EU to go f themselves Strange how all the Ocean 7 types who got kicked out of Brazil and now heading for the North Sea. |
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