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Forums - General Discussion - WOW! In 8 hours the UK economy has lost $350 BILLION! Country drops overnight from 5th to 6th economy in the world!

 

Are you ashamed of your Leave vote

yes 43 14.98%
 
no 124 43.21%
 
kinda 5 1.74%
 
didnt vote Leave 115 40.07%
 
Total:287
haxxiy on 24 June 2016

That $350 billion worth of stocks and exchange rates isn't exactly money as we know and handle on daily life to begin with. More like value perceived on a rather subjective and fickle way over an ammount of assets that hasn't changed at all since yesterday.

 

Of course, people love to overreact and then come up with stupid claims as "I'm leaving the country now" and other BS, since apparently most humans don't use more than the brain stem and the limbic system before voicing their opinions. Calm down folks...



 

 

 

 

 

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Slimebeast on 24 June 2016
Scoobes said:
Well, can't say we weren't warned but people were still stupid enough to believe the lies and vote to leave.

A lot of my friends are genuinely contemplating leaving the country (I'm talking born and bred Brits here, not disillusioned EU migrants that at least have somewhere to go back to). Personally I will have to wait and see what the effect will be when the dust settles.

Never been more ashamed to be British. We're the joke of the World at the moment and half the population don't even realize it.

No, you should be proud. And while some may see you as a joke, millions of others see you as heroes. And overnight we are already feeling the effects. A common agreement about (forced) distribution of migrants in the EU is very unlikely now.

Such a great day. So much respect to the independent and glorious nation that is the United Kingdom!



FragilE^ on 24 June 2016
Pineapple said:

Are thse 350 billion not based on the FTSE100 immediate drop from 6250 to 5850, but ignoring that it's recovered to 6150 again later? If so, it's a very strange way of measuring it, as the size of the economy is typically measured in the GDP, which as of yet, nobody knows how will be affected.

Or is it measured by the pound depreciating by ~10%? If so, it's also a very odd way of measuring it - the economy of a country doesn't truly gain or lose value by volatility in the foreign exchange market.

Either way, I see no way sensible explanation for the number, and the article provides no explanation for it. As such, it can't be considered credible at all.

Brexit may very well be a mistake, but as of right now, it's very difficult to tell what the ramifications will be. Using the immediate shock on the FTSE or the GBP isn't helping shed any light on the situation.

This. So much this.

 

Everyone is screaming DOOOOOOMMMM right now. I hate it. Brexit might turn out to be beneficial in the long run, NO ONE KNOWS.



FragilE^ on 24 June 2016
Slimebeast said:
Scoobes said:
Well, can't say we weren't warned but people were still stupid enough to believe the lies and vote to leave.

A lot of my friends are genuinely contemplating leaving the country (I'm talking born and bred Brits here, not disillusioned EU migrants that at least have somewhere to go back to). Personally I will have to wait and see what the effect will be when the dust settles.

Never been more ashamed to be British. We're the joke of the World at the moment and half the population don't even realize it.

No, you should be proud. And while some may see you as a joke, millions of others see you as heroes. And overnight we are already feeling the effects. A common agreement about (forced) distribution of migrants in the EU is very unlikely now.

Such a great day. So much respect to the independent and glorious nation that is the United Kingdom!

I'm from Sweden. We might very well be getting a ton more migrants now >.< Sweden always tries to be the consience of the world, and if England wont take enough migrants, Sweden will be the first volunteer



Cobretti2 on 24 June 2016
Scoobes said:
Well, can't say we weren't warned but people were still stupid enough to believe the lies and vote to leave.

A lot of my friends are genuinely contemplating leaving the country (I'm talking born and bred Brits here, not disillusioned EU migrants that at least have somewhere to go back to). Personally I will have to wait and see what the effect will be when the dust settles.

Never been more ashamed to be British. We're the joke of the World at the moment and half the population don't even realize it.

at the moment? hasn't it been always in modern times? it gets worst every major football tournment for you guys too.



 

 

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Cobretti2 on 24 June 2016
HBninjaX said:

I'm proud of the UK right now, they voted for their independence from tyranny. Allowing incompetent foreign bureaucrats to govern your nation is a ridiculously stupid idea. Of course we're going to hear all of this doom and gloom chicken little "sky is falling" BS, what do you expect?

lol what tyranny? we live in a modern world. we should be working together as a human race for the better f the world not some magical invisible boundries redrawn every few hundred years.



 

 

danasider on 24 June 2016
GribbleGrunger said:
I don't care, No Man's Sky releases in August!

Haha, this cracked me up.



Lawlight on 24 June 2016
Cobretti2 said:
HBninjaX said:

I'm proud of the UK right now, they voted for their independence from tyranny. Allowing incompetent foreign bureaucrats to govern your nation is a ridiculously stupid idea. Of course we're going to hear all of this doom and gloom chicken little "sky is falling" BS, what do you expect?

lol what tyranny? we live in a modern world. we should be working together as a human race for the better f the world not some magical invisible boundries redrawn every few hundred years.

Lol, why be in the EU then? Just make a World Union instead of being part of a small group of countries that's there to only serve their own purpose? In fact why have borders? Let anyone fly anywhere.



GribbleGrunger on 24 June 2016

18 quintillion planets and I'm stuck on this fucker.



 

The PS5 Exists. 


AnthonyW86 on 24 June 2016

And how exactly did France manage to overtake the UK if the Paris index lost a wopping 8% and the London index only 3%?