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[D i Z]

Nobody remembers the British East India Company.

 

[SwiftDeath]

The trick will be the timing. You'll want to get there when the Pound is reaching rock bottom, but before the country has devolved into a post-apocalyptic wasteland ruled by roving gangs of drunken football hooligans.

Isn't that just Saturdays?

 

[Azull]

I mean all of the prominent leaders, economists, and many other people knowledgeable on the subject said this would happen if UK left EU. Now we're all probably going to hurt economically because of UK's separation which is just fun times here in Canada cause it's not like we're already fucked as is.

 

[L4DANathan]

Went through a couple revisions of this, because I just don't know what to say. Thought about joking about hanging politicians in the streets, thought about a generic prayer comment (even though I'm usually opposed to those), all I've got to say is fuuuck.

Hope you guys end up okay.

 

[Crayons]

Looks like a great time for a vacation to Britain

 

[perfectchaos007]

Welcome to being poor, UK.

Love,
Canada

yall should combine your poor currencies to become a middle class currency. Both Canadian dollar and British Pound have the Queen's portrait. They are a perfect match for eachother

 

[TechnicPuppet]

Can someone explain what's happening to the uninitiated?

Not a million miles away from a big state in America voting to secede.

 

[Tambini]

Hope you're proud of yourselves dickheads

 

[demosthenes]

Look forward to some hicks flying the confederate flag in America saying their state should leave the union now.

 

[D i Z]

Looks like a great time for a vacation to Britain

Yeah, people might want to rethink that idea. Poor British people who about to lose their own borders and the UK dissolving aren't the welcoming type.

 

[Delusibeta]

Can someone explain what's happening to the uninitiated?

Imagine Texas voting to leave the United States.

 

[Crayons]

Yeah, people might want to rethink that idea. Poor British people who about to lose their own borders and the UK dissolving aren't the welcoming type.

Hey, you guys voted for it not me

 

[Cromwell]

So as of right now 1 U.S. dollar = 1.34 british pounds, right? I'm an idiot and need basic things clarified, apologies.

 

[Couleurs]

Imagine Texas voting to leave the United States.

I'm not seeing the problem here

 

[tearsintherain]

Smart money will start buying the pound pretty soon, this is a massive overreaction. Its not like anything at all is really going to change for years while politicians try to figure out what to do next.

 

[LiK]

can't wait to get some deals from Amazon.co.uk

 

[WonkyPanda]

Imagine Texas voting to leave the United States.

Texas isn't a lending hub of the Western Hemisphere. I would say this is more like NY leaving the US.

 

[zyxwvu4321]

So as of right now 1 U.S. dollar = 1.34 british pounds, right? I'm an idiot and need basic things clarified, apologies.

Other way around. 1 pound = 1.34 USD.

 

[SchrodingerC]

Why didn't John Oliver warn them sooner?!

Look forward to some hicks flying the confederate flag in America saying their state should leave the union now.

You'd think the economic cliff fall would dissuade them. Racism is not a valid currency.

 

[Cromwell]

Other way around. 1 pound = 1.34 USD.

Got it. Holy shit. Good time to travel.

 

[perfectchaos007]

Why didn't John Oliver warn them sooner?!



You'd think the economic cliff fall would dissuade them. Racism is not a valid currency.

John Oliver is focused on American issues now. Sorry

Texas isn't a lending hub of the Western Hemisphere. I would say this is more like NY leaving the US.

You do realize Texas has a higher GDP than New York right?

 

[demosthenes]

Why didn't John Oliver warn them sooner?!



You'd think the economic cliff fall would dissuade them. Racism is not a valid currency.

Logic doesn't work on the people I mentioned.

 

[BobLoblaw]

So as a US citizen with a little disposable income, how can I take advantage of the Brits' idiocy? Buy cheap stuff now or wait for the crash to bottom out?

 

[LQX]

Wow, does this mean we can go buy up England?

 

[perfectchaos007]

So as a US citizen with a little disposable income, how can I take advantage of the Brits' idiocy? Buy cheap stuff now or wait for the crash to bottom out?

Problem is, stuff in the UK has always cost a lot more than in America. I'm afraid even with the Pound collapse, the cost of things in the US won't be much lower than they are in the UK. In fact COGs may be equal now

 

[Cromwell]

1.32 now and continuing to drop

 

[Toki767]

If the GBP ever hits close to 1:1 with the USD, I'd probably start buying at least UK PSN cards.

 

[WonkyPanda]

John Oliver is focused on American issues now. Sorry



You do realize Texas has a higher GDP than New York right?

Sure, but my analogy was in direct reference to London's influence/effect into Europe, primarily through its Banking market. NY leaving the US would more than likely cause a similar shift into the region and global markets.

At any rate, it's a pretty absurd hypothetical.

 

[fr0st]

So if leave EU wins can there be like another vote or is it final?

 

[SchrodingerC]

John Oliver is focused on American issues now. Sorry

He did have that Brexit segment last Sunday. Maybe he should've had a 3 hour episode.

Logic doesn't work on the people I mentioned.

You just gotta beat the logic into them.

 

[avaya]

So as a US citizen with a little disposable income, how can I take advantage of the Brits' idiocy? Buy cheap stuff now or wait for the crash to bottom out?

This is just the start.

 

[Rentahamster]

The trick will be the timing. You'll want to get there when the Pound is reaching rock bottom, but before the country has devolved into a post-apocalyptic wasteland ruled by roving gangs of drunken football hooligans.

I'll go on a weekday, then.

Isn't that just Saturdays?

Goddammit! lol...

 

[Tadaima]

Currency is stabilising at around 1.34. This 30 minute period is in the green. Likely because the result has been "all but decided" for about 45 minutes.

Let's see what happens when Leave gets through officially.

 

[harSon]

They better not fuck up the US' economy

 

[therealist]

This is a classic market overreaction. Nobody actually knows how the entire process will go down. Perfect time to buy stocks right now.

 

[Toki767]

They better not fuck up the US' economy

They already fucked my dollar to yen conversion for importing.

 

[Asmodai48]

They better not fuck up the US' economy

Lol US has no right to complain about fucking over the world economy...

 

[Cromwell]

This is a classic market overreaction. Nobody actually knows how the entire process will go down. Perfect time to buy stocks right now.

Which stocks?

 

[therealist]

Which stocks?

Considering every company will be affected by this (most for no reason at all) tomorrow due to panic, take your pick.

 

[bananas]

Lol US has no right to complain about fucking over the world economy...

At least we didn't willingly vote to fuck the economy.

 

[WhiteRabbitEXE]

At least we didn't willingly vote to fuck the economy.

To be fair, if given the opportunity do that, we probably would. Especially if something something Muslims and Mexicans or something something

 

[Ether_Snake]

CAD dropped around 3%

xe.com is getting hammered.

 

[commedieu]

This is going to be bad for the global economy no?

 

[GoldenEye 007]

This is going to be bad for the global economy no?

Yup.

 

[tiebreaker]

Importing from UK now ....

 

[Chezzymann]

So how does this work can i import doctor who blu rays for cheaper since the GBP is worth less now

 

[Shiv47]

So how does this work can i import doctor who blu rays for cheaper since the GBP is worth less now

Correct, you're getting more for your dollar than before.

 

[Cat Party]

To be fair, if given the opportunity do that, we probably would. Especially if something something Muslims and Mexicans or something something

Yup, and Californians have done it before. Prop 13 crippled schools because old assholes didn't want their property taxes to rise.

I'm sure there are other examples in the US of this.

 

[Lautaro]

Democracy doesn't fucking work.

 

[giga]

Hey, good for British exports. Time to get that Aston Martin I've been holding off on. Though if I was to guess, financial services is their largest export, rather than manufactured goods.