Singapore Expats Forum

UK vote to leave the EU ['BREXIT'] - 23rd June

Discuss about any latest news or current affairs in Singapore or globally. Please DO NOT copy and paste news articles from other sources without written permission.
User avatar
JR8
Immortal
Immortal
Posts: 16514
Joined: Wed, 24 Mar 2010
Location: K. Puki Manis

Re: UK vote to leave the EU ['BREXIT'] - 23rd June

Postby JR8 » Fri, 24 Jun 2016 2:12 pm

p.s. the last time the UK voted on the EU [then EEC] in the 70s it was to join a plain-vanilla trade block of 9 countries.
This was the first time they got to vote on what the EU has become, an undemocratic superstate.
'Do it or do not do it: You will regret both' - Kierkegaard

User avatar
x9200
Moderator
Moderator
Posts: 9288
Joined: Mon, 07 Sep 2009
Location: Singapore

Re: UK vote to leave the EU ['BREXIT'] - 23rd June

Postby x9200 » Fri, 24 Jun 2016 2:27 pm

JR8 wrote:This will turbo-charge the Leave vote in several other EU countries; so the question becomes 'who is next?'

NL

User avatar
Mexikaner
Regular
Regular
Posts: 50
Joined: Fri, 03 Aug 2012
Location: Singapore

Re: UK vote to leave the EU ['BREXIT'] - 23rd June

Postby Mexikaner » Fri, 24 Jun 2016 2:29 pm

..."every country has the government it deserves"

so what now?
"Lebe deinen Traum"

User avatar
JR8
Immortal
Immortal
Posts: 16514
Joined: Wed, 24 Mar 2010
Location: K. Puki Manis

Re: UK vote to leave the EU ['BREXIT'] - 23rd June

Postby JR8 » Fri, 24 Jun 2016 2:36 pm

Mexikaner wrote:..."every country has the government it deserves"
so what now?


Maybe that's the problem, no one gets to vote for the 'EU government'. This is the disconnect that is now starkly revealed.

What's next is you'll have the media writing 'Who's next?' articles, likely starting today.
'Do it or do not do it: You will regret both' - Kierkegaard

User avatar
Brah
Manager
Manager
Posts: 1956
Joined: Sat, 18 Dec 2010

Re: UK vote to leave the EU ['BREXIT'] - 23rd June

Postby Brah » Fri, 24 Jun 2016 2:48 pm

JR8 wrote:The lion has roared. It reveals the vast disconnect between the people and the people who supposedly represent them.

Not to derail this thread but perhaps shades of things to come for the US, an equally divided country.
Ape Shall Not Kill Ape.

User avatar
JR8
Immortal
Immortal
Posts: 16514
Joined: Wed, 24 Mar 2010
Location: K. Puki Manis

Re: UK vote to leave the EU ['BREXIT'] - 23rd June

Postby JR8 » Fri, 24 Jun 2016 3:00 pm

The FTSE is just opening, approx -8.5%, but the German DAX index is -10%... lol, shows you who this vote hurts the most.
'Do it or do not do it: You will regret both' - Kierkegaard

User avatar
Wd40
Director
Director
Posts: 3832
Joined: Tue, 04 Dec 2012
Location: SIndiapore

Re: UK vote to leave the EU ['BREXIT'] - 23rd June

Postby Wd40 » Fri, 24 Jun 2016 3:15 pm

This is with the pound 10% down. Gold in GBP is up 15%! Soros was buying Gold. I bet he has made a fortune again

Sent from my Redmi Note 2 using Tapatalk

User avatar
Barnsley
Manager
Manager
Posts: 2134
Joined: Tue, 10 Jun 2008
Location: Pasir Ris
Contact:

Re: UK vote to leave the EU ['BREXIT'] - 23rd June

Postby Barnsley » Fri, 24 Jun 2016 3:34 pm

Cameron on his bike in October!!

General Election??

A single policy issue , it would be a right laugh ](*,) ](*,) ](*,) :-k :-k :-k :-k
Life is short, paddle harder!!

User avatar
Barnsley
Manager
Manager
Posts: 2134
Joined: Tue, 10 Jun 2008
Location: Pasir Ris
Contact:

Re: UK vote to leave the EU ['BREXIT'] - 23rd June

Postby Barnsley » Fri, 24 Jun 2016 3:35 pm

Brah wrote:
JR8 wrote:The lion has roared. It reveals the vast disconnect between the people and the people who supposedly represent them.

Not to derail this thread but perhaps shades of things to come for the US, an equally divided country.


Two Candidates that the majority of the country dont want.

Thats going to be a right laugh also :shock: :shock: :shock: :o :o :o

The World is going mad!
Life is short, paddle harder!!

User avatar
JR8
Immortal
Immortal
Posts: 16514
Joined: Wed, 24 Mar 2010
Location: K. Puki Manis

Re: UK vote to leave the EU ['BREXIT'] - 23rd June

Postby JR8 » Fri, 24 Jun 2016 3:38 pm

FTSE -6.7% DAX -7.7% :lol:
'Do it or do not do it: You will regret both' - Kierkegaard

nanana
Chatter
Chatter
Posts: 261
Joined: Fri, 25 Apr 2008

Re: UK vote to leave the EU ['BREXIT'] - 23rd June

Postby nanana » Fri, 24 Jun 2016 4:15 pm

My question is somewhat relevant I suppose... I have some US dollar that I want to change to SGD....with the exit of Britain from the EU...I guess worldwide currency will be somehow affected?... Should I change the dollar now or wait for few more days?

User avatar
PNGMK
Director
Director
Posts: 4998
Joined: Thu, 21 Mar 2013
Location: Sinkapore

Re: UK vote to leave the EU ['BREXIT'] - 23rd June

Postby PNGMK » Fri, 24 Jun 2016 4:17 pm

I woke up and felt sick when I saw the news. The long distant sound of war drums in Europe is slowly become audible again.
I have gay, black, Asian friends and then JR8.

User avatar
PNGMK
Director
Director
Posts: 4998
Joined: Thu, 21 Mar 2013
Location: Sinkapore

Re: UK vote to leave the EU ['BREXIT'] - 23rd June

Postby PNGMK » Fri, 24 Jun 2016 4:18 pm

nanana wrote:My question is somewhat relevant I suppose... I have some US dollar that I want to change to SGD....with the exit of Britain from the EU...I guess worldwide currency will be somehow affected?... Should I change the dollar now or wait for few more days?


'Safe harbour' currencies are going up... Yen/USD and Gold.
I have gay, black, Asian friends and then JR8.

User avatar
JR8
Immortal
Immortal
Posts: 16514
Joined: Wed, 24 Mar 2010
Location: K. Puki Manis

Re: UK vote to leave the EU ['BREXIT'] - 23rd June

Postby JR8 » Fri, 24 Jun 2016 5:11 pm

nanana wrote:My question is somewhat relevant I suppose... I have some US dollar that I want to change to SGD....with the exit of Britain from the EU...I guess worldwide currency will be somehow affected?... Should I change the dollar now or wait for few more days?


That rate was circa 1.343 at midnight (London) last night, and 1.3550 as I write. 0.9% of a move, so probably nothing to get concerned about.

You might conclude that both currencies have a safe-haven aspect to them [vs the Euro/£/EU].
'Do it or do not do it: You will regret both' - Kierkegaard

User avatar
JR8
Immortal
Immortal
Posts: 16514
Joined: Wed, 24 Mar 2010
Location: K. Puki Manis

Re: UK vote to leave the EU ['BREXIT'] - 23rd June

Postby JR8 » Fri, 24 Jun 2016 5:21 pm

JR8 wrote:The FTSE is just opening, approx -8.5%, but the German DAX index is -10%... lol, shows you who this vote hurts the most.


France, Germany, Spain, Italy, Portugal, Belgium, Austria - all now lower than the FTSE-100. The other 'major' exchange in Europe is Switzerland [non-EU/safe-haven], and that's +0.65%
'Do it or do not do it: You will regret both' - Kierkegaard


  • Similar Topics
    Replies
    Views
    Last post

Return to “Latest News & Current Affairs”

Who is online

Users browsing this forum: No registered users and 1 guest