The British Pound is now trading at its third lowest value to USD since 1791
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Suikoguy
I whinny my fervor lowly, for his length is not as great as those of the Hylian war stallions
I'm ashamed to admit I looked at ticket prices.
makingmusic476
Member
Bit late for that, eh.
Masterspeed
Member
I have family in Europe outside of GB, of course I wasn't happy about that.
They don't? Is that likely?
No this is why you ask these kind of question at the start and not 50 years later.
If you only use referenda once a century because you want to score some political points it obviously has to go bad.
GiantEnemyGoomba
Member
Good work everyone, let's vote Trump in this November to seal the deal.
brochiller
Member
That used to be allowed for everyone.
GhostWriter24
Member
Time to buy into UK markets while they're taking a beating.
BarringGaffner
Member
Jimbob Smalls
Banned
Yup, good money to be made once the markets stabilise due to bankers no longer being able to scare their investors that the sky's falling in as it actually isn't.
Jimbob Smalls
Banned
Maybe it was the best decision for everyone in the EU then. They HAVE to act now.
T
thepotatoman
Unconfirmed Member
I would recommend against trying to catch any falling knives unless you really, really know what you're doing, Brexit or otherwise.
Milly Osworth
Member
What will happen to the Pound to Euro exchange rate?
It will stabilise but I'm not sure if it will stabilise at previous figures, or necessarily above the purchase price considering the market is in such a state of flux right now.
Jimbob Smalls
Banned
Now we'll see if Osborne has the balls to commit political suicide and roll with his "emergency" punishme.. Sorry I meant budget.
No idea. Point is there is a check.
Dubbedinenglish
Banned
Maybe with a 20 year plan. The hits will keep coming for the foreseeable future. Trade agreements, loss of imports, industry leaving, exports uncertainty. Maybe in the far future they will rebound but the low will be the normal.
Fine Ham Abounds
Member
Amazing
If that check isn't used then it's an ineffective one.
OP, it was even worse
Hasn't the Canadian dollar lost more? This is getting kind of silly with the hyperbole.
It might. Lets see.
What's the process? In the US, the House GOP pass numerous disasterous bills that never see this sort of attention because we know the Senate or President would overturn it. Why is there not a similar expectation in the UK?
Jimbob Smalls
Banned
Nope, the city is in the middle of a feeding frenzy today, customers will be getting fed with hysterical bullshit as we speak and masses of emotionally charged bets will be made. That'll soon settle.
This is just the ticket for a city trying to make boring bets on stagnant / slow growth and low interest rates for months.
Hearts will be racing and champagne corks popping as the brokers rake in the commission.
D
Deleted member 231381
Unconfirmed Member
The Prime Minister can overturn this. All referendums in the UK are constitutionally consultative, they have no legally binding power. Only the Queen-in-Parliament is sovereign. He's just not going to overturn it.
Why?!
D
Deleted member 231381
Unconfirmed Member
There's no point. His own party are in favour of this. If he refused to do this, there would be a leadership contest, he would lose, he would be replaced by Boris Johnson, who is in favour, and it would still happen, just delayed by however long the above takes (not more than a few weeks).
There are checks and balances; this just passed all of them. That's democracy.
The fact that he could be replaced so easily through such a leadership contest tells me it's a very weak check.
hodayathink
Member
From the way I'm reading that, it seems similar to the Freedom Caucus basically driving Boehner to retire and having enough say to replace him with Ryan. I hope I got that right.
I'm keeping my eye on Amazon UK.
Generic Power Ranger
Member
^same.
Jzero
Member
Holy fuck it costs $2000 from LAX to London? Fuuuuu i'm never going to be able to travel.
NeOak
Member
I mean worse than the examples in the OP.
The whole parliamentary procedure where the executive is not directly elected but is the leader of the majority party just seems bizarre from an American perspective.
How can it be said that there are checks and balances when the executive is elected by the legislative branch?
How would that work? If I'm in the US, don't they advertise different prices - and wouldn't shipping kill me? I've only ever purchased one thing from the UK and had it shipped, and don't recall the details.
donkey show
Member
Only if you fly like in the next couple of days. I usually get flights from Heathrow to LAX round trip around $800. Hell in February you can sometimes grab 'em for $500. Glad I purchased my trip to LA this October a couple of weeks ago though... the joys of earning dat quid as an American. ;__;
sono
Gold Member
/dead
Norwegian Air does cheap direct flights.
ClayKavalier
Banned
I live in the US and haven't been following all this. When people who voted to leave see this are they thinking "Holy shit, what have we done"?
Or is this all according to some plan and they assume it will bounce right back? Pretty insane how quickly the country got feedback on the decision.
Or is this all according to some plan and they assume it will bounce right back? Pretty insane how quickly the country got feedback on the decision.
Who cares about the consequences? Boris will have his straight bananas now!
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