Re: "Brexit"
 

Have you seen this ?

Brexit or not, the price will be instability and Italy risks the most

Re: "Brexit"
 

Thx Sancho - thus speaks the Bilderberg Group! Even the most devout Italian europhile understands that europe is run for the Germans, and when Juncker independently makes rules - 'out is out' it's hard to see a Europe that is run by member states, when Italy just does what Germany says. That, I think, will be the fall out of Brexit, the Italians may rebel against the german autocratic view of Europe. M5S has said that it would hold a referendum on leaving the euro, and the Italians seem to think that coming out would mean 1936 lire to hte euro as if nothing happened. no matter how the Uk votes today, the elephant in the room is German hegemony of a united Europe which is increasinly unpalatable to other member states.

Re: "Brexit"
 

If a Leave vote causes trouble for Brits here, we should demand compensation from all the British politicians responsible! Not a serious suggestion, at least for the moment...

It seems that there's a 10% undecided vote, so it could go either way. Stiamo a vedere.

Re: "Brexit"
 

Brexit it is.

More of Blair's poisoned legacy.

I'll leave others to debate the consequences and will follow with interest but clearly they are going to be massive.

For italy, i can see cinque stelle having fun with this.

Re: "Brexit"
 

What was the margin of error on these figures? :blink:

Re: "Brexit"
 

For italy, i can see cinque stelle having fun with this. - To be fair M5S dont want to leave Europe, they want to leave the euro. Two very different things. Farafge must be thrilled as now the Uk will split with Scotland going its own way - and then teh rest. Roll on Yorlshire independence. Can you believe the Welsh were so stupid to vote out? Like bloody lemmings the lot of em.

Re: "Brexit"
 

With a 10% fall of sterling against the dollar there was a huge amount of easy money to be made this morning as George Soros predicted.

Re: "Brexit"
 

Sterling is 5% down already lets hope it doesn't go down much more

Re: "Brexit"
 

I went to bed happy and woke up to get a shock: we're out. Cameron wanted to stay but promised a referendum to get the votes of the leavers. Now he's lost and I think that will be the end of his career. But he can look forward to a comfortable retirement. For me the immediate effect is a reduction in the value of the British part of my pension. Will anyone make up the loss to me?
We can only console ourselves with the thought that the house of cards was going to collapse soon anyway. But certainly the future is dark...

Some of us are old enough to remember that also before 1973 the British didn't have control over their affairs, except in the sense that British bankers, bosses and speculators had a free hand to exploit ordinary working people without needing the aid of Brussels.

Now Salvini is getting excited. He's another one who can play with other people's future for electoral purposes. Can anyone imagine that Italy will have better schools, better hospitals, better pensions with this man in control?

Re: "Brexit"
 

It will, unless the euro goes down too, which is not improbable. In compensation, prices will rise.

Re: "Brexit"
 

It will be interesting to see if interest rates start to rise as they did in the last Sterling crisis or may be the government will have to devalue the pound.

Re: "Brexit"
 

It is actually up on what it was at 6am.

Re: "Brexit"
 

it went down 10% then up a bit then down again 5%

If there is a run on Sterling the bank of England will have to buy buy and this time they won't have the European central bank to help keep Sterling up.

If value of Sterling goes into free falling they either let it fall or they will have to start putting interest rates up

all I know if we go back to £1 to 1.05€ it is going to make life difficult for us

Re: "Brexit"
 

Agree - seems very likely that scotland will scarper soon. You from yorkshire modi?

Re: "Brexit"
 

[QUOTE=jonwel;11982332. For me the immediate effect is a reduction in the value of the British part of my pension. [/QUOTE]

Forgive me jon, can you explain/elaborate? Is this a private/employment based pension or state?

Pm me if you don't want to post in public.

All the best.