@Remainers about bad happening right now.

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    We are not THICK, we know bad in short term (3-5 years) but better in long-run. Don't keep saying " omg project fear was a lie!!! "
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    (Original post by ckfeister)
    We are not THICK, we know bad in short term (3-5 years) but better in long-run. Don't keep saying " omg project fear was a lie!!! "
    168 Year Pound Low (https://www.ft.com/content/78478eee-...b-b88a98f2f9bd). You've made Britain great again, by pulling us back to the dark ages of empire.
    How about the 48% rise in Hate crime?
    How about alienating our allies in Europe?
    How about giving a mandate to a Prime Minister that makes Thatcher look moderate?
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    (Original post by Calumn123)
    168 Year Pound Low (https://www.ft.com/content/78478eee-...b-b88a98f2f9bd). You've made Britain great again, by pulling us back to the dark ages of empire.
    How about the 48% rise in Hate crime?
    How about alienating our allies in Europe?
    How about giving a mandate to a Prime Minister that makes Thatcher look moderate?
    1) Pound was overvalued.
    2) Only 1% is doing it, quit judging overs over it, 48% increase is like 154 crimes and now 228, thats only 74 more people doing hate crime, and obvious they'll get in prison or fine.
    3) We leaving EU, they emotionally attached to EU give them time.
    4) There is only one brexit thats possible, she knows it'll be tough and she trying to keep it quiet and away while UK calms down from shock.
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    (Original post by Calumn123)
    168 Year Pound Low (https://www.ft.com/content/78478eee-...b-b88a98f2f9bd). You've made Britain great again, by pulling us back to the dark ages of empire.
    How about the 48% rise in Hate crime?
    How about alienating our allies in Europe?
    How about giving a mandate to a Prime Minister that makes Thatcher look moderate?
    Low pound = currently a short-term problem. If this develops into a longterm issue then that will be something worth using as a refute to the OP. But considering he admitted that the short term (3-5 years) will be bad.. quoting a current problem, is not going to counter that.*

    48% rise in reported hate crime - missing the word in the middle changes the meaning quite a lot. Its also a percentage rise without any context, making it next to useless in critical discussion.

    Alienating our allies in Europe is pure speculation. There has actually been a surprising level of support from other countries (compared to the doom predicted before) and negotiations are on-going, and will be long. Its far to soon to comment on our long-term (remember the OP) relationship with other countries.

    Giving a mandate to a PM who wanted to stay in the EU? she was hardly the first choice of brexit voters, and pre-referendum probably would have been very high up the list of remain conservative voters. Considering that she has been in power only a matter of months, saying that she makes thatcher (Considered one of our best PMs of modern times by many) look like anything is just pure sensationalism at this point.

    *I voted to remain in the referendum, but your points are just weak. At least think critically about what your trying to say before just bleating out the same expressions that are being thrown around all over the internet. They sound great sure, but like many things you hear, are actually paper thin when you put them under proper scrutiny.*
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    (Original post by ckfeister)
    1) Pound was overvalued.
    (Original post by ckfeister)
    2) Only 1% is doing it, quit judging overs over it, 48% increase is like 154 crimes and now 228, thats only 74 more people doing hate crime, and obvious they'll get in prison or fine.
    3) We leaving EU, they emotionally attached to EU give them time.
    4) There is only one brexit thats possible, she knows it'll be tough and she trying to keep it quiet and away while UK calms down from shock.
    Funny how not a single Brexiter said that before Brexit but now they do.
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    (Original post by Maker)
    [b]

    Funny how not a single Brexit said that before Brexit but now they do. It reminds me of Capt Mannering in Dad's Army saying he meant to do something when it was clearly a mistake.
    What the hell you talking about, we had a 7% trade deficit because of overvalued pound, we bring in more than we can afford. The pound rebalance I expect to go as low as £1 = $1.05 and we will be about 9th richest nation in the world as economy is about £1,805bn.

    I can't tell how brexit has been a mistake for me yet.
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    IMF also predict British economy to be fastest growing within the next year...
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    (Original post by Whilstingeye)
    IMF also predict British economy to be fastest growing within the next year...
    No they didn't
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    (Original post by ckfeister)
    What the hell you talking about, we had a 7% trade deficit because of overvalued pound, we bring in more than we can afford. The pound rebalance I expect to go as low as £1 = $1.05 and we will be about 9th richest nation in the world as economy is about £1,805bn.

    I can't tell how brexit has been a mistake for me yet.
    Intelligent people can
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    (Original post by leinad2012)
    No they didn't
    https://www.theguardian.com/business...nd-brexit-vote
    admittedly it was out of the G7 but point still stands
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    (Original post by Whilstingeye)
    IMF also predict British economy to be fastest growing within the next year...
    Well, if Britain gets completely trashed this year, selling a big to a Frenchman would double our exports.
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    (Original post by ckfeister)
    1) Pound was overvalued.
    Rofl, so if the pound starts to climb massively you'll complain and call it a failure?
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    (Original post by Bornblue)
    Rofl, so if the pound starts to climb massively you'll complain and call it a failure?
    No, in an illogical world yes.
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    (Original post by Maker)
    Intelligent people can
    My natural IQ is 121...
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    (Original post by ckfeister)
    No, in an illogical world yes.
    You always want a strong currency. The idea that a weak currency is good really is laughable.
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    (Original post by Bornblue)
    You always want a strong currency. The idea that a weak currency is good really is laughable.
    Why is strong currency good?
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    (Original post by Whilstingeye)
    https://www.theguardian.com/business...nd-brexit-vote
    admittedly it was out of the G7 but point still stands
    No it doesn't as it's for 2016 half of which was before the vote, and for the entirety of which we'll still be in the EU
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    (Original post by ckfeister)
    Why is strong currency good?
    Britain imports more than it exports.

    The trade deficit, in the short term, will increase which means that Britain will need to change the configuration of its economy if the lower pound is a permanent fixture.

    However, I doubt that it will be permanent because Britain or more specifically London is the financial hub of the world. The reason why the pound was so strong was the financial sector. You need to buy pounds to take advantage of the lax regulations in the City.

    This phenomena will return after a while unless there is some kind of financial crisis triggered by the instability and fluctuations in the economy which are a result of Brexit.

    Meanwhile, the average person's pocket will be squeezed. Some costs are optional, some aren't. Mortgage payments and rent are fixed costs. So theoretically, a reduction in consumption could be detrimental to the real economy which could push down wages which creates a cycle which would end in defaults on mortgages which is the ultimate f up. Also, increased unemployment and all that will put pressure on the government and make way for more radical governments.

    Change is nigh
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    (Original post by saayagain)
    Britain imports more than it exports.

    The trade deficit, in the short term, will increase which means that Britain will need to change the configuration of its economy if the lower pound is a permanent fixture.

    However, I doubt that it will be permanent because Britain or more specifically London is the financial hub of the world. The reason why the pound was so strong was the financial sector. You need to buy pounds to take advantage of the lax regulations in the City.

    This phenomena will return after a while unless there is some kind of financial crisis triggered by the instability and fluctuations in the economy which are a result of Brexit.

    Meanwhile, the average person's pocket will be squeezed. Some costs are optional, some aren't. Mortgage payments and rent are fixed costs. So theoretically, a reduction in consumption could be detrimental to the real economy which could push down wages which creates a cycle which would end in defaults on mortgages which is the ultimate f up. Also, increased unemployment and all that will put pressure on the government and make way for more radical governments.

    Change is nigh
    We'll be staying in single market, pound will go back up. Just seen on the news.
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    (Original post by Bornblue)
    You always want a strong currency. The idea that a weak currency is good really is laughable.
    Tell that to Greece. The Euro is so unpopular over there partly because they can't lower the value of their currency & therefore compete in the export market.
 
 
 
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