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Dead Cosmonaut posted:And Moody's just downgraded UK from stable to negative Joining S&P and Fitch. It's a hat trick, great job! 
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Jun 24, 2016 22:51
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The German Handelsblatt claims to have gained access to an 8-page whitepaper from the German Ministry of Finance. Apparently, they are expecting difficult divorce talks and recommend pushing for "associated partner country" status for the UK. They are also recommending to not give them preferred access to the common market for fear of inspiring potential imitators from other parts of Europe (the formulation is "no automatism for access to EU inner market"). Source (german): http://www.handelsblatt.com/politik...t/13783492.html Brief mention: http://www.theguardian.com/politics/2016/jun/24/top-eu-leader-we-want-britain-out-as-soon-as-possible Obviously, everybody should learn German anyway now that Merkel will literally take over Europe after England chooses to seek its own liberty and freedom. 
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Jun 24, 2016 22:52
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Tuxedo Catfish posted:Little America. We have a winner. Do we need to gear up for an occupation or just send over some college kids to gather petitions?
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Jun 24, 2016 22:53
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Utnayan posted:But unlike Britain, they are a socialistic country with high taxation rates to support those services everyone is dependent on. And their economy is tanking as a result of that and the loss of higher priced oil revenue. GDP is stagnant, and even decreasing. This country cannot even afford the programs for their own citizens, much less an influx of immigrants. That really is the point. And a reason why the UK left the EU. A global economy cannot be split between two completely governmental ideals. One is inherently corrupt. The other will eventually bankrupt itself. We all know that. It's time to stop pretending that we can give away health care and higher education to everyone on the tax dollars of the output workforce thinking it will come back and return in a cycle. Economy is always in flux, and sooner or later the latter will need to be bailed out. It is a mathematical certainty. You're the future mate, you and your kind. Thanks for making the world less competitive for the rest of us at the top.
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Jun 24, 2016 22:53
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Utnayan posted:Like that matters? If the money stays in the UK, I doubt they care where it goes as long as it isn't going to bail out the 5th bankruptcy of some socialistic failed experiment from an EU member country. Why should the UK be the bail out mechanic for what are dying countries who cannot support the "Free" programs they give their citizens? not only is norway not an eu state, the nordic welfare state and immigration policies predate EU membership and the basic upkeep provided for a refugee / asylum seeker (not run-of-the-mill migrants who actually have assets) is nothing to be jealous about -- apart from a bed in a boarding house and two warm soup kitchen type meals they get a handful of euros for personal expenses and have to report to the migration authortities daily. maybe you should study the countries you're talking poo poo about before forming an opinion on the matter!!!
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Jun 24, 2016 22:54
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Hollow Talk posted:The German Handelsblatt claims to have gained access to an 8-page whitepaper from the German Ministry of Finance. Apparently, they are expecting difficult divorce talks and recommend pushing for "associated partner country" status for the UK. They are also recommending to not give them preferred access to the common market for fear of inspiring potential imitators from other parts of Europe (the formulation is "no automatism for access to EU inner market"). Hollismason posted:Haha Germany is going to gently caress England so hard in the negotiations with the EU that the British will build a time machine to go back in time to surrender to Hitler.
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Jun 24, 2016 22:56
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I cannot believe Britain allows betting on national referendums using popular vote totals. Whoever thought of leveraging betting parlors to sway the vote is a loving genius.
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Jun 24, 2016 22:58
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I like that Britain looked at how Germany completely hosed Greece by insisting on hardline tactics and making an example out of them so other countries wouldn't dare to think about leaving the Euro in the future, and thought "Yeah, that's what I want. Let's do that."
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Jun 24, 2016 23:00
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Germans can call their negotiations with Britain Unternehmen Seelöwe II
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Jun 24, 2016 23:00
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stephenfry posted:we were talking about the EU, and which countries would leave it when you claimed norway would leave Royal Navy officers are trusted to use their judgment and thus there are no codes required to fire the nukes: quote:In 2007, the UK Government revealed that its nuclear weapons were not equipped with Permissive Action Links. Instead, the UK's nuclear bombs to be dropped by aircraft were armed by just inserting a key into a simple lock similar to those used to protect bicycles from theft. The UK withdrew all air-launched bombs in 1998. The current UK Trident warheads can also be launched by a submarine commander with the support of his crew without any code being transmitted from the chain of command. So the Scots are one mutiny away from nukes 
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Jun 24, 2016 23:02
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Crabtree posted:So if irony reigns supreme and the US somehow takes control of the UK, what would be the trolliest State or Territory name we could give to Britain? I'm thinking a classic New Washington would make the most impact but maybe New Puerto Rico would be more open about what they're going to look forward to. East Virginia. 
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Jun 24, 2016 23:03
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Alright, so Cameron screwed the pooch and Britain shat the bed. This is clearly distressing news, especially for someone who quite literally quit his old job and moved here two months ago. Obviously right now we don't know how bad this is gonna get, but consensus seems to be that the pound is gonna go to poo poo, My question now is, what the hell do I do to minimize the damage? Do I buy silver and hope for the best? Do I keep moving the cash overseas? Do I keep them in the bank? I didn't expect to stay here for more than 3-5 years, now I just want to ride out my contract in two years and bail. What's the best way to prevent this shitstorm from affecting the savings I'm trying to build up?
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Jun 24, 2016 23:06
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A Winner is Jew posted:East Virginia. Why not just Victoria at that point? Oh wait, its the British Isles.
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Jun 24, 2016 23:06
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Utnayan posted:But unlike Britain, they are a socialistic country with high taxation rates to support those services everyone is dependent on. And their economy is tanking as a result of that and the loss of higher priced oil revenue. GDP is stagnant, and even decreasing. This country cannot even afford the programs for their own citizens, much less an influx of immigrants. That really is the point. And a reason why the UK left the EU. A global economy cannot be split between two completely governmental ideals. One is inherently corrupt. The other will eventually bankrupt itself. We all know that. It's time to stop pretending that we can give away health care and higher education to everyone on the tax dollars of the output workforce thinking it will come back and return in a cycle. Economy is always in flux, and sooner or later the latter will need to be bailed out. It is a mathematical certainty. source your quotes plz
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Jun 24, 2016 23:08
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McCloud posted:Alright, so Cameron screwed the pooch and Britain shat the bed. This is clearly distressing news, especially for someone who quite literally quit his old job and moved here two months ago. Obviously right now we don't know how bad this is gonna get, but consensus seems to be that the pound is gonna go to poo poo, My question now is, what the hell do I do to minimize the damage? Do I buy silver and hope for the best? Do I keep moving the cash overseas? Do I keep them in the bank? Is your salary in pounds sterling? If so you're screwed.
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Jun 24, 2016 23:09
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McCloud posted:Alright, so Cameron screwed the pooch and Britain shat the bed. This is clearly distressing news, especially for someone who quite literally quit his old job and moved here two months ago. Obviously right now we don't know how bad this is gonna get, but consensus seems to be that the pound is gonna go to poo poo, My question now is, what the hell do I do to minimize the damage? Do I buy silver and hope for the best? Do I keep moving the cash overseas? Do I keep them in the bank? wait a month and buy dollars
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Jun 24, 2016 23:09
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McCloud posted:Alright, so Cameron screwed the pooch and Britain shat the bed. This is clearly distressing news, especially for someone who quite literally quit his old job and moved here two months ago. Obviously right now we don't know how bad this is gonna get, but consensus seems to be that the pound is gonna go to poo poo, My question now is, what the hell do I do to minimize the damage? Do I buy silver and hope for the best? Do I keep moving the cash overseas? Do I keep them in the bank?
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Jun 24, 2016 23:13
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https://twitter.com/LotharHS/status/746292683627454464
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Jun 24, 2016 23:19
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Jun 24, 2016 23:19
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Toplowtech posted:Invest in gold or other refuge values? I know metals are cliché and libertarian as gently caress but tons of panicked investors are probably planning to do the same since today. International markets aren't investing in commodities using pounds. You can't protect yourself from a devalued pound if that's what you're being paid with; using a devalued pound to buy something like gold which is at its most expensive in years is literally the worst thing you can do.
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Jun 24, 2016 23:21
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http://www.abc.net.au/news/2016-06-25/brexit-mood-in-britain-after-historic-refendum-to-leave-eu/7543074 Not immigration/racism guys
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Jun 24, 2016 23:28
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those whiny bitches afraid of people takin their benefits should see what a real country with no safety nets is like
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Jun 24, 2016 23:35
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oh no now i have to stand in line behind a NEGRO to get my free health care
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Jun 24, 2016 23:35
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CrazyLoon posted:If no one has posted it yet, this is the official theme song in my mind for this fiasco. Was https://www.youtube.com/watch?v=94DNV6oM8HU too easy?
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Jun 24, 2016 23:36
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corn in the bible posted:oh no now i have to stand in line behind a NEGRO to get my free health care the US learned in the 90's that white people are actually the problem it's why Obama made all the FEMA camps, and thank god for that
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Jun 24, 2016 23:39
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ComradeCosmobot posted:Is your salary in pounds sterling? If so you're screwed. it is  Mechafunkzilla posted:International markets aren't investing in commodities using pounds. You can't protect yourself from a devalued pound if that's what you're being paid with; using a devalued pound to buy something like gold which is at its most expensive in years is literally the worst thing you can do. Funny enough, a friend of mine suggested I buy silver about a year ago. Wish I'd listened to him now... At any point, a devalued pound is obviously not going to help, but can I buy commodities like silver or gold as a way to protect myself from further devaluation of the gbp? Also, is the reason the price of gold and silver skyrocketing due to everyone crapping their pants and buying gold bullions and silver?
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Jun 24, 2016 23:41
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A Winner is Jew posted:the US learned in the 90's that white people are actually the problem will obama's cracker camp provide me with free health care because if so i'm down
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Jun 24, 2016 23:42
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McCloud posted:
Sure, but there's nothing stopping the value of gold or silver from declining. Here's a two year trend, it doesn't just go up and up. http://www.nasdaq.com/markets/gold.aspx?timeframe=2y
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Jun 24, 2016 23:44
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corn in the bible posted:will obama's cracker camp provide me with free health care because if so i'm down You'll just have to name a few names to prove your loyalty now and again and you'll even get extra benefits for good behavior. So does anyone have that picture of David Cameron and other British politicians when they were together for a class/secret society photo? I think it should have a nice red letter edit of CLASS THAT hosed THE COUNTRY put on it.
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Jun 24, 2016 23:44
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McCloud posted:Alright, so Cameron screwed the pooch
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Jun 24, 2016 23:44
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corn in the bible posted:will obama's cracker camp provide me with free health care because if so i'm down Well Obama is a noted socialist, so ofc comrade. EDIT: I think he's half Norwegian.
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Jun 24, 2016 23:48
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Noam Chomsky posted:source your quotes plz He can't hotlink to the voices in his head.
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Jun 24, 2016 23:52
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Crabtree posted:You'll just have to name a few names to prove your loyalty now and again and you'll even get extra benefits for good behavior. Just search for "Bullingdon Club" and pick whatever you like.
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Jun 24, 2016 23:54
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Xandu posted:Sure, but there's nothing stopping the value of gold or silver from declining. Here's a two year trend, it doesn't just go up and up. Just buy USD. Learn from what third world countries do. You're going to become one soon.
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Jun 24, 2016 23:55
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Hollow Talk posted:Just search for "Bullingdon Club" and pick whatever you like.  Class of '87, voted "most likely to destroy the Union", featuring both David Cameron (back row, second from left) and Boris Johnson (front row, far right).
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Jun 24, 2016 23:56
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there won't be any student debts when we're living in an unending fema camp hell!!
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Jun 24, 2016 23:56
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Pochoclo posted:Just buy USD. Learn from what third world countries do. You're going to become one soon. Seriously this is what the entire world does, US dollar is the reserve currency of the world.
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Jun 24, 2016 23:56
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McCloud posted:it is Are you retiring this year or something? Just save and invest normally, trying to time markets is a sucker's game.
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Jun 24, 2016 23:57
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https://twitter.com/CNBCnow/status/746471571540283392 Thanks Britain e: for the record that's roughly 3/4 of British GDP
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Jun 25, 2016 00:04
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Hey now the country now saves £13 bn. per year on "membership fees" (eu taxes), that will make up for any economic damage I'm sure. e: provided it's not all defeatist and doesn't join the common market again of course, in that case it would then go up to £19 bn. without the rebate Private Speech fucked around with this message at 00:10 on Jun 25, 2016 |
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Jun 25, 2016 00:05
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