Malcolm Merlyn Posted June 20, 2016 Share Posted June 20, 2016 What are your opinion on Brexit? tweaker 1 Link to comment Share on other sites More sharing options...
MechEng Posted June 20, 2016 Share Posted June 20, 2016 (edited) Only a typical Briton would go for yes. Frankly speaking, I highly doubt they would vote out, considering the fact how much priority the politically correct media gives to the immigrants Edited June 20, 2016 by MechEng Link to comment Share on other sites More sharing options...
Malcolm Merlyn Posted June 20, 2016 Author Share Posted June 20, 2016 @g_b_ @Austin 3:!6 @sachinism Link to comment Share on other sites More sharing options...
Sachinism Posted June 20, 2016 Share Posted June 20, 2016 In. Though the whole campaign by both sides has been farcical. Neither side has provided valid reasons to back their choice, basically rather than provide us with the required information, its all been scaremongering nonsense. Link to comment Share on other sites More sharing options...
Malcolm Merlyn Posted June 20, 2016 Author Share Posted June 20, 2016 @yccc In. Though the whole campaign by both sides has been farcical. Neither side has provided valid reasons to back their choice, basically rather than provide us with the required information, its all been scaremongering nonsense. What is the feeling among the Indian community? Link to comment Share on other sites More sharing options...
Sachinism Posted June 20, 2016 Share Posted June 20, 2016 46 minutes ago, Malcolm Merlyn said: What is the feeling among the Indian community? Not too sure, generally they're Tory supporting. So you have the Remain voters going along with Cameron, but I've heard many talk of leaving. Link to comment Share on other sites More sharing options...
Malcolm Merlyn Posted June 20, 2016 Author Share Posted June 20, 2016 Not too sure, generally they're Tory supporting. So you have the Remain voters going along with Cameron, but I've heard many talk of leaving. The white conservatives seem to be on out vote as well. Link to comment Share on other sites More sharing options...
vvvslaxman Posted June 20, 2016 Share Posted June 20, 2016 No opinion it. Haven't studied enough. Link to comment Share on other sites More sharing options...
BeautifulGame Posted June 20, 2016 Share Posted June 20, 2016 Better off voting in. Pound is already weakening and if it's confirmed one would expect significant drop in value . In this volatile climate could have major ramifications for their economy atleast in the short term and mid term . Also from what I have read more than 40% of their exports are to EU countries.So if they vote out one would expect major hit on them with increased tariffs affecting the competition. Scotland looks most certain to Vote in and so if Britain as a whole vote out , surely Scots will demand another referendum as staying in EU was one of the promises made during the Scottish referendum. And also frankly I havent seen Leave campaign present any coherent economic plan so far including Boris Johnson and Farage , EU needs reforms for sure the red tapes , High error rate in their last audited Budget ,etc but the positives of staying in EU far out weight Brexit , so really don't see the logic in voting out unless they want to put Nationalism ahead. Link to comment Share on other sites More sharing options...
Austin 3:!6 Posted June 20, 2016 Share Posted June 20, 2016 10 hours ago, Malcolm Merlyn said: @g_b_ @Austin 3:!6 @sachinism IN Link to comment Share on other sites More sharing options...
Malcolm Merlyn Posted June 21, 2016 Author Share Posted June 21, 2016 IN Why? Link to comment Share on other sites More sharing options...
sourab10forever Posted June 21, 2016 Share Posted June 21, 2016 What is good for India? Link to comment Share on other sites More sharing options...
zakk Posted June 21, 2016 Share Posted June 21, 2016 (edited) . Edited June 21, 2016 by zakk Link to comment Share on other sites More sharing options...
vvvslaxman Posted June 21, 2016 Share Posted June 21, 2016 http://www.vox.com/2016/6/21/11974600/brexit-eu-euro-disaster Link to comment Share on other sites More sharing options...
vvvslaxman Posted June 21, 2016 Share Posted June 21, 2016 Before you get to any of that, tell me why should I care? If you're a European nation: You have the most to lose -- on so many fronts. Just under half of the U.K.'s exports go to the EU. Just over half of its imports come from the rest of the Union. All of that will be up for a renegotiation. Then, think about diplomacy. Whenever Europe's done something useful on that front, the U.K.'s been in the driver's seat. So, the EU loses a heavyweight. If you're a NATO nation: The only other country that spends more on its military than the U.K. is the U.S. And Britain's not shy about flaunting its military might. Without it, a post-Brexit EU will be a less powerful player in the world stage. That's not a good thing. If you're the U.S.: The world's already dangerous and volatile enough. The U.S. worries the unraveling of the union -- a vital ally -- will just unleash more instability. The U.K.'s also America's 7th biggest trading partner. Why rock the boat on such a sweet status quo? If you're any other nation: The U.K. economy is the fifth biggest in the world. If all the awful scenarios that the "Don't leave" crowd is predicting (more on that later) come to pass, think of the effect it'll have on the world's markets. Even if they don't, the uncertainty is bad enough. Markets, you see, heart stability. And unstable markets = potential bad news for your country's economy. Link to comment Share on other sites More sharing options...
Austin 3:!6 Posted June 21, 2016 Share Posted June 21, 2016 Why? I think if UK moves out it will have a major financial implication which will not only affect Europe but entire world. We might see a situation of reccession again which we cant afford. Sent from my GT-I9505 using Tapatalk Link to comment Share on other sites More sharing options...
Austin 3:!6 Posted June 21, 2016 Share Posted June 21, 2016 . oink: Sent from my GT-I9505 using Tapatalk Link to comment Share on other sites More sharing options...
maniac Posted June 21, 2016 Share Posted June 21, 2016 Soros warns that Brexit could trigger 'Black Friday' — and a recession For Full Article http://finance.yahoo.com/news/soros-brexit-could-trigger-black-211830139.html Quote A decision by the United Kingdom to exit the European Union would likely trigger a big sell-off in the pound, a sharp decline in household income and a recession, according to billionaire investor George Soros . Just ahead of the vote by Britons on Thursday on whether to exit the EU or remain , Soros issued an urgent warning about potential consequences. "Too many believe that a vote to leave the EU will have no effect on their personal financial position," Soros wrote in an op-ed Tuesday in The Guardian newspaper. "This is wishful thinking." Citing estimates from multiple authorities including the Bank of England and theInternational Monetary Fund , Soros said the average income loss per household due to a falling British currency would be £3,000 to £5,000 annually ($4,400 to $7,335). Soros understands fluctuations in the British currency — he made a good chunk of his fortune betting against the pound in 1992. Now, he is predicting that a Brexit would cause a 15 to 20 percent decline in the currency. While the 1992 tumble ended up aiding the country in the long run, as it brought down interest rates and helped ignite a recovery, Soros said a devaluation would not be healthy this time. He cited three reasons: The Bank of England could not cut rates from already low levels; the U.K. has a large current account deficit and likely would not see another inflow of cash; and the loss of currency value wouldn't help exports, because of uncertainty in trading conditions that the Brexit would trigger. Link to comment Share on other sites More sharing options...
zakk Posted June 22, 2016 Share Posted June 22, 2016 15 hours ago, Austin 3:!6 said: oink: Sent from my GT-I9505 using Tapatalk kuch nahi Link to comment Share on other sites More sharing options...
Austin 3:!6 Posted June 23, 2016 Share Posted June 23, 2016 Sent from my GT-I9505 using Tapatalk Link to comment Share on other sites More sharing options...
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