Current Affairs EU In or Out

In or Out

  • In

    Votes: 688 67.9%
  • Out

    Votes: 325 32.1%

  • Total voters
    1,013
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I don't reckon it will be as bad as forecast but there's some very tough days ahead. This on top of a tough eight years for most working class people in the U.K.

Rupert Murdoch really has done a job on the wiki educated xenophobic maggots in th country. I'm personally hoping for more foreigners to dilute the racism abound in the media and poorly informed.

I probably dislike the English more than any other nation of people and it's a shame as there's some tremendous folk out there but they're crushed by dull and ignorant.
 
It will recover, a dollar when I was a kid was 25p the old five bob that's when we were Great Britain - 2008 after the crash the euro was equal to the pound - it will fluctuate until the negotiations next march start other EU countries want a referendrum look at their stagnant economy it's just getting worse each day!

And the old half crown (2s 6d) was called half a dollar.......
 
What happened to that recession that you insisted we would be in this year ?........

It's on its way Pete, make no doubt about it.

We've entered a "phony war" period waiting for a Government to come up with a timing and strategy for Article 50 and subsequent actions. We sort of have a timetable but no strategy (cunningly phrased as no running commentary), the nearer we get to the trigger of Article 50 and no evidence of a strategy the worse it will become.

Of course, the Government has seen the independent Bank of England engage in huge quantitative easing (again) and a further reduction in interest rates to stave off the immediate impact (very Keynesian :) )but let's not kid ourselves, they've just kicked the can down the road a few months.

We have no idea what post Brexit will look like other than we will not remain in the Single Market - so on what terms do we trade with Europe? WTO? No-one knows, least of all the Government.
 
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