BREXIT - June 23rd 2016 vote - *ARTICLE 50 TRIGGERED!*
- Thread starter Scoop
- Start date
Domingo Halliburton
Handmade in USA
Got my euro and cable shorts lined up.
Smart man. The currency already took a bit of a hit yesterday after Remain lost the debate and the Independent poll showed a 10 point edge for Leave.
nikkas need to learn to make money off stuff like this.
What's the first step to profiting off this? Break it down step by step.
If you're a beginner, you should probably just go to a broker or a currency service. The mall near me even has a booth in the mall.
Eventually you can do it on your computer but it's a bit complicated to start off with that.
Short sales are basically bets against a currency or stock. You sell a stock or currency you don't yet own at current market value. As part of the sale you agree to buy the currency or stock at a future date at that future date's market price. It's then immediately and automatically transferred to your buyer at the earlier market price at the time of your "purchase".
If Brexit wins the Euro will drop. Maybe the Pound too.
Can you recommend any brokers/currency services?
@Great Scott I edited my above post to add more info
Nah I don't. My dad's into it and he handles all that stuff.
- Bookmakers: 'Remain' victory
Betting companies are overwhelmingly confident that the pro-EU camp will win, although the odds they offer for pro-EU gambles have narrowed in recent days.
A "Brexit barometer" compiled by Ladbrokes gave "Remain" a 73-percent chance of winning compared to just 27 percent for "Leave" on Friday.
Ladbrokes and William Hill were offering 3/10 odds for "Remain", meaning that a £10 bet would win just £3. The same bookmakers had 5/2 odds for "Leave" on Friday, meaning a £10 bet would win £25.
During a campaign stop last week, UK Independence Party leader Nigel Farage put his money where his mouth is and bet £1,000 on "Leave" at Ladbrokes.
He stands to earn £2,500 if his side wins.
Knife-edge EU referendum sets soothsayers abuzz
Betting companies are overwhelmingly confident that the pro-EU camp will win, although the odds they offer for pro-EU gambles have narrowed in recent days.
A "Brexit barometer" compiled by Ladbrokes gave "Remain" a 73-percent chance of winning compared to just 27 percent for "Leave" on Friday.
Ladbrokes and William Hill were offering 3/10 odds for "Remain", meaning that a £10 bet would win just £3. The same bookmakers had 5/2 odds for "Leave" on Friday, meaning a £10 bet would win £25.
During a campaign stop last week, UK Independence Party leader Nigel Farage put his money where his mouth is and bet £1,000 on "Leave" at Ladbrokes.
He stands to earn £2,500 if his side wins.
Knife-edge EU referendum sets soothsayers abuzz
Fear Fear Fear is all that's coming out of the Remain camp. Gotta keep their NWO intact. 
David Cameron says state pensions could be at risk if Brexit becomes reality
David Cameron sent out a clear warning about ‘the cold reality’ for NHS finances of leaving the EU. Photograph: Andy Hall for the Observer
Toby Helm and Andrew Rawnsley
Saturday 11 June 2016 16.45 EDTLast modified on Saturday 11 June 201619.55 EDT
David Cameron has warned that pledges to raise state pensions every year and ringfence spending for the NHS may have to be ditched in a brutal new phase of austerity if the country votes for Brexit.
With Downing Street increasingly anxious about levels of support for leaving the EU, particularly among Labour voters, the prime minister says people need to focus on the “cold reality” of what Brexit would mean to their everyday lives and what they value most.
In an exclusive interview with the Observer, with only 12 days to go until the crucial referendum vote, Cameron insists he is not trying to scare people but is focusing on the reality of what life would be like outside the EU and the world’s largest trading market.
He says the so-called “triple lock” that guarantees annual increases in state pensions, ringfenced spending on the NHS, free TV licences and bus passes for pensioners, as well as defence spending would all be under threat.
The prime minister argues that a “black hole” in the public finances – predicted by the Institute for Fiscal Studies by 2020 in the event of Brexit – would threaten the very services that people cherish and rely on most.
Annual state pension increases are currently guaranteed by the triple lock, which ensures they rise in line with whichever is higher: earnings, inflation or 2.5%. But if Brexit happened this costly commitment would be in doubt.
“You would have to start cutting things that people really value, whether it is the money going to the NHS or whether it is support for our pension system, and that could mean reviewing the triple lock,” the prime minister says.
Cameron insists he fully intends to honour a commitment to increase NHS spending by £10bn by 2020 but adds: “If we leave, independent and respected experts like the IFS and National Institute for Economic and Social Research say that by 2020 we will face a black hole in our public finances of up to £40bn.
“In those circumstances, future funding for the NHS could be at risk. Our ability to ringfence and protect spending on health could be at risk, too. This is the cold reality of leaving the EU – that’s why doctors, nurses and the boss of the NHS all say we will be stronger, safer and better off in the EU.”
Senior sources in the Remain camp said Cameron’s remarks were part of a deliberate attempt to “nail the lie” being spread by the Leave campaign, headed by Boris Johnson and Michael Gove, that quitting the EU would free up money that could be spent on public services.
Remain says the impact on economic activity and, as a result, tax receipts into the exchequer would lead to a massive shock and new public spending cuts.
Cameron made clear that in the coming week leading Labour figures, including leader Jeremy Corbyn, London mayor Sadiq Kahn, former premier Gordon Brown and former home secretary Alan Johnson would be given centre stage in the remain campaign, so that they could appeal directly to Labour followers. He called on them not to use the 23 June vote as a chance to punish him or the Tories but to support what is a huge coalition from the left and right that is backing continued EU membership.
The vote was “more important than a general election”, Cameron said. He added: “They are voting for a generation, for a lifetime. It is about their children, and grandchildren. What I would say to [Labour voters] is, look at the scale, look at the range behind Stronger In. You have got the trade unions, Greens, the Lib Dems, Labour, a Conservative government. It is a very, very big coalition.”
The latest Opinium/Observer poll shows the result still too close to call, with Remain on 44%, Leave on 42% and those who say they don’t know how they will vote on 13%.
Leading analysts, such as Ian Harnett, chief investment strategist at Absolute Strategy Research, and a former top strategist at UBS, are also warning that sterling’s value could drop by 30%, to a point close to parity with the US dollar, and that the stockmarket could plunge by 20% in the event of Brexit.
Writing in the Observer, shadow chancellor John McDonnell says any new trade deals that the UK makes with other countries if it leaves the EU would lead to the dismantling of workers’ rights. “If we don’t fight to keep and expand the working rights we have at an EU level, then a Tory Brexit government will only negotiate them away in trade deals that will resemble TTIP [the Transatlantic Trade and Investment Partnership] on steroids,” he says.
In the Observer interview, Cameron describes claims by his justice secretary, Michael Gove, that the country has had enough of hearing from economists and other experts as “absurd”. He says that the leave lobby is in danger of “morphing into the Little England campaign” of Ukip leader Nigel Farage, which wants to take the country backwards to the days when it was the “sick man of Europe”.
David Cameron says state pensions could be at risk if Brexit becomes reality
David Cameron says state pensions could be at risk if Brexit becomes reality
David Cameron sent out a clear warning about ‘the cold reality’ for NHS finances of leaving the EU. Photograph: Andy Hall for the Observer
Toby Helm and Andrew Rawnsley
Saturday 11 June 2016 16.45 EDTLast modified on Saturday 11 June 201619.55 EDT
David Cameron has warned that pledges to raise state pensions every year and ringfence spending for the NHS may have to be ditched in a brutal new phase of austerity if the country votes for Brexit.
With Downing Street increasingly anxious about levels of support for leaving the EU, particularly among Labour voters, the prime minister says people need to focus on the “cold reality” of what Brexit would mean to their everyday lives and what they value most.
In an exclusive interview with the Observer, with only 12 days to go until the crucial referendum vote, Cameron insists he is not trying to scare people but is focusing on the reality of what life would be like outside the EU and the world’s largest trading market.
He says the so-called “triple lock” that guarantees annual increases in state pensions, ringfenced spending on the NHS, free TV licences and bus passes for pensioners, as well as defence spending would all be under threat.
The prime minister argues that a “black hole” in the public finances – predicted by the Institute for Fiscal Studies by 2020 in the event of Brexit – would threaten the very services that people cherish and rely on most.
Annual state pension increases are currently guaranteed by the triple lock, which ensures they rise in line with whichever is higher: earnings, inflation or 2.5%. But if Brexit happened this costly commitment would be in doubt.
“You would have to start cutting things that people really value, whether it is the money going to the NHS or whether it is support for our pension system, and that could mean reviewing the triple lock,” the prime minister says.
Cameron insists he fully intends to honour a commitment to increase NHS spending by £10bn by 2020 but adds: “If we leave, independent and respected experts like the IFS and National Institute for Economic and Social Research say that by 2020 we will face a black hole in our public finances of up to £40bn.
“In those circumstances, future funding for the NHS could be at risk. Our ability to ringfence and protect spending on health could be at risk, too. This is the cold reality of leaving the EU – that’s why doctors, nurses and the boss of the NHS all say we will be stronger, safer and better off in the EU.”
Senior sources in the Remain camp said Cameron’s remarks were part of a deliberate attempt to “nail the lie” being spread by the Leave campaign, headed by Boris Johnson and Michael Gove, that quitting the EU would free up money that could be spent on public services.
Remain says the impact on economic activity and, as a result, tax receipts into the exchequer would lead to a massive shock and new public spending cuts.
Cameron made clear that in the coming week leading Labour figures, including leader Jeremy Corbyn, London mayor Sadiq Kahn, former premier Gordon Brown and former home secretary Alan Johnson would be given centre stage in the remain campaign, so that they could appeal directly to Labour followers. He called on them not to use the 23 June vote as a chance to punish him or the Tories but to support what is a huge coalition from the left and right that is backing continued EU membership.
The vote was “more important than a general election”, Cameron said. He added: “They are voting for a generation, for a lifetime. It is about their children, and grandchildren. What I would say to [Labour voters] is, look at the scale, look at the range behind Stronger In. You have got the trade unions, Greens, the Lib Dems, Labour, a Conservative government. It is a very, very big coalition.”
The latest Opinium/Observer poll shows the result still too close to call, with Remain on 44%, Leave on 42% and those who say they don’t know how they will vote on 13%.
Leading analysts, such as Ian Harnett, chief investment strategist at Absolute Strategy Research, and a former top strategist at UBS, are also warning that sterling’s value could drop by 30%, to a point close to parity with the US dollar, and that the stockmarket could plunge by 20% in the event of Brexit.
Writing in the Observer, shadow chancellor John McDonnell says any new trade deals that the UK makes with other countries if it leaves the EU would lead to the dismantling of workers’ rights. “If we don’t fight to keep and expand the working rights we have at an EU level, then a Tory Brexit government will only negotiate them away in trade deals that will resemble TTIP [the Transatlantic Trade and Investment Partnership] on steroids,” he says.
In the Observer interview, Cameron describes claims by his justice secretary, Michael Gove, that the country has had enough of hearing from economists and other experts as “absurd”. He says that the leave lobby is in danger of “morphing into the Little England campaign” of Ukip leader Nigel Farage, which wants to take the country backwards to the days when it was the “sick man of Europe”.
David Cameron says state pensions could be at risk if Brexit becomes reality
Pros of staying:
- Easier to trade/travel within Europe
- Easier to trade with countries that have trade deals with the EU
- EU provides extra civil rights guaranteed to all citizens
Cons of staying:
- Lose control over sovereignty (EU passes laws all members must abide to)
- Lose control over immigration/taking refugees
- Having to pay into the EU budget (UK is a net loser of EU funds)
- May have to bail out more failing EU states soon (Italy, Spain for example)
This is over simplified of course.
Big Busines$ and power hungry NWO types want them to stay. More money for the wealthy when it's easy to trade, similar to TPP debate here in the U.S. Very socially liberal people also tend to support staying because the EU has more socially liberal policies then the UK. The average person more concerned with immigrants taking jobs/bringing Islam to the UK/sucking off NHS are against it. Also, UK basically bails out other EU states that fail so it's not really fiscally "fair."
Trajan
Veteran
It's migration from the EU (because of the freedom of movement principle) which is the main issue not Muslim immigrants
Millions moved from Eastern Europe to the UK when their countries were accepted into the union. More countries are lined up.
It's migration from the EU (because of the freedom of movement principle) which is the main issue not Muslim immigrants
Millions moved from Eastern Europe to the UK when their countries were accepted into the union. More countries are lined up.
EU accepts immigrants from all over the world and member countries have to accept them due to "free travel" between countries.
I wasn't implying that only Muslim immigrants come, but Islam is really the only new religion being brought to the area in droves.
I need a breakdown of this entire shyt.