Brexit rumblings - what do you think?

I see Brexit, as a huge opportunity!

Instead of having free access to the other 470m people in the EU and very restricted access to the rest of the world (6,500m people). We will have unfettered access to the majority of the planet and if the EU want, free access to their 470m. Should the EU decline our offer then it would just make it harder for them to sell to us!

But that's just my opinion.

Dan

It cannot come soon enough for me, the £ fell yesterday after Mays speech and it will continue to fluctuate up and down until we are finally out and it will continue long after. Have been listening to people all summer going on about what does Brexit mean, and that voters didn't know what they were voting for.... It was all simple enough for me to understand.... We voted out of the EU and to self govern, If businesses wish to move to the EU let them go, but they will still have to trade with the UK regardless. Personally I think the idea of the unelected EU state will now gradually implode...

Whilst the £ is going up and down, FTSE has risen above 7,000 today so some confidence is being shown.  Looking at the results of the vote, not all of those who voted to leave were in deprived areas.  There were some very affluent areas that also voted leave.   I hope our new PM keeps her word and quickly allays the fears of the foreign companies such as Nissan and Toyota.

Various companies are saying they're leaving the UK because of the vote, others are staying.  I wouldn't attach much credence to Mr O'Leary's comments.  He moves his aircraft around to suit the needs of his balance sheet.  There are plenty of other airlines that can take Ryanair's place if it suits them.  

Interesting to note that Deutsche Bank is in trouble.  The Hungarians have voted to curb immigration, although not achieving enough to make vote stand, so they will probably be trying again.  Greek pensioners are still facing problems when trying to draw money from their banks.

The UK is an amazing country with a very strong economy, a mass of hugely talented people (isn't the UK the second highest winner of Nobel Prizes?), is one of the most influential (Soft Power) countries on the planet, the 5th or 6th largest economy, it create more jobs in 2015 than the rest of the EU combined.  The £ will recover.  Let's not forget that Sterling is being pushed low on purpose. 

The UK often leads the way in social change. This is another example.  We'll be fine ... eventually.

Personally I think people in the UK are totally deluded into just how great, Great Britain is...We're in debt up to our necks with current UK national debt deficit around £46billion give or take a billion... Personal debt in the UK is around £1500 trillion
Unemployment is, to be honest I don't believe anyone knows the true figure other than the manipulated numbers we are given month in month out. When governments pay tax credits to people to get them back into work, basically robbing Peter to pay Paul, then something is massively wrong with regards to earnings and costs of living. Now no offense to anyone but I'm betting than many new businesses are being set up on the back of those setting them  being told by officialdom to find a job or your benefits are going to be cut or stopped completely. So the easy route is for them to start a dog walking or similar type business. My question is though are they really businesses? Are they going to help clear the national debt? Or contribute to someone else's tax credits whilst out an about chucking a ball for Fido to chase?

The NHS everyone's favourite UK organisation, yet is virtually on it's knees through lack of funding. Education is in a similar boat, education should be free, it should not saddle youngsters with a debt nor should talented youngsters be put off from going to University because they may spend the first 15 years of their working lives in debt...Over 16 million people in the UK have less than £100 in a savings account, On top of that there is a huge housing crisis instead of building affordable homes the government seems to be more concerned over HS2 and where to stick the next runway... a £150k starter home is not affordable housing for someone on £30k a year..... Priority's are just wrong in the UK....

Obviously this has all happened since the vote to leave the EU took place back in June and I apologise to everyone for voting out..... and the fall in the £.... everything was just so hunky dory before the vote....

Well sooner or later as a country we will need to deal with all these issues and when we do people will begin to learn what real poverty is.....

I'm constantly amazed by the lurid headlines about the weakness of the pound, how it supposedly at its lowest ever..... the pound against the dollar (sometimes called spot cable) is currently trading at 1.2291. In my memory it was trading at 1.0030 dollars in the mid eighties. to my certain knowledge 1.2291dollars is higher than just over one! (pardon the sarcasm)

I think everybody will remember when it was higher in between times. IT GOES UP as well as down! It will recover I have no doubt it is just the herd mentality of traders.