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The Countdown begins. 23:28 - Nov 10 with 404934 viewspikeypaul



https://www.timeanddate.com/countdown/generic?iso=20190329T23&p0=1336&msg=Democr

1:19 pm today was the exact mid point from when the result that the Great British public had decided to leave the EU and the time 11pm March 29th 2019 that Democracy will be delivered.

Happy days.
[Post edited 25 Jun 17:01]

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The Countdown begins. on 18:48 - Jul 24 with 1077 viewsJango

The Countdown begins. on 18:39 - Jul 24 by Shaky

The pound moved several ways after the vote closed.

Am I surprised where it ended after the dust settled? Nope, and neither were the serious economic forecasters who were bang on the money.


Every man and his dog knew the pound would drop the way it did.
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The Countdown begins. on 18:57 - Jul 24 with 1072 viewsShaky

The Countdown begins. on 18:48 - Jul 24 by cwm02

Your blaming something that hasn't happened yet you moron


1) Here is a continuous 24 hour chart of the pound/$ exchange rate.

2) The referendum was on the 23 June.

3) Think before you post anything further


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The Countdown begins. on 18:58 - Jul 24 with 1071 viewsShaky

The Countdown begins. on 18:48 - Jul 24 by Jango

Every man and his dog knew the pound would drop the way it did.


So Project Fear was spot on then. Thanks for clarifying.

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The Countdown begins. on 19:18 - Jul 24 with 1053 viewsexiledclaseboy

So anyway. May has taken charge of exit negotiations herself. We’re saved.

Raab, ostensibly the Secretary of State for leaving the EU, now effectively has a defunct abd sidelined department to run. He must be chuffed.

Will this farce never end?

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The Countdown begins. on 19:43 - Jul 24 with 1026 viewscwm02

The Countdown begins. on 18:57 - Jul 24 by Shaky

1) Here is a continuous 24 hour chart of the pound/$ exchange rate.

2) The referendum was on the 23 June.

3) Think before you post anything further



https://www.google.co.uk/url?sa=i&source=images&cd=&cad=rja&uact=8&ved=2ahUKEwjw

That's is like saying Potter should be sacked because we're relegated to League 1. Brexit will occur in a year's time and you can say all that then but right now saying Brexit causes a weaker pound is pure speculation

Also thanks for your pointless chart.
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The Countdown begins. on 19:49 - Jul 24 with 1014 viewspikeypaul

The weaker Β£ is great for jobs and exports but please do not point that out to the pathetic remoaners it's always a glass half empty to them.

Back to the point Project fear and the countless Bullshite,t it brought and still does from the losers who can not accept defeat has shown us all what BS it was.

248 AFLI

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The Countdown begins. on 20:05 - Jul 24 with 993 viewsShaky

The Countdown begins. on 19:43 - Jul 24 by cwm02

https://www.google.co.uk/url?sa=i&source=images&cd=&cad=rja&uact=8&ved=2ahUKEwjw

That's is like saying Potter should be sacked because we're relegated to League 1. Brexit will occur in a year's time and you can say all that then but right now saying Brexit causes a weaker pound is pure speculation

Also thanks for your pointless chart.


No.

It's like saying Project Fear is and was real. As Jango has just admitted.

Are you really this stupid? It's a little hard to believe.

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The Countdown begins. on 20:09 - Jul 24 with 990 viewsLeonWasGod

The Countdown begins. on 18:13 - Jul 24 by cwm02

No your the one that is denying reality. Your nothing more than an alarmist

I thought you were "rational"? Because that's what you have been telling me but anyone that reply's to you, you throw insults at them.

BTW, we haven't left the EU yet so don't know why your saying that Brexit caused Rising inflation, collapsing pound and soaring cost of living.


Are you serious with that last paragraph?
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The Countdown begins. on 20:11 - Jul 24 with 986 viewscwm02

The Countdown begins. on 20:05 - Jul 24 by Shaky

No.

It's like saying Project Fear is and was real. As Jango has just admitted.

Are you really this stupid? It's a little hard to believe.


https://www.google.co.uk/url?sa=i&source=images&cd=&cad=rja&uact=8&ved=2ahUKEwjE

You didn't prove anything. Brexit hasn't f**king occurred yet. Just like pikeypaul said it is good for jobs and exports.

Also Jango didn't admitted anything he proved you wrong. You are an alarmist.
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The Countdown begins. on 20:12 - Jul 24 with 984 viewscwm02

The Countdown begins. on 20:09 - Jul 24 by LeonWasGod

Are you serious with that last paragraph?


Are you being serious?

We haven't left the EU yet what don't you understand?
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The Countdown begins. on 20:18 - Jul 24 with 966 viewsShaky

The Countdown begins. on 20:12 - Jul 24 by cwm02

Are you being serious?

We haven't left the EU yet what don't you understand?


Back to the drawing board one final time:
+++++++++++++++++++++++++++++
The Efficient Markets Hypothesis (EMH)

"at any point in time, actual prices of individual securities already reflect the effects of information based both on events that have already occurred and on events which, as of now, the market expects to take place in the future."

http://www.open.edu/openlearn/money-management/money/accounting-and-finance/the-
+++++++++++++++++++++++++++++
Immediately after the result of the referendum became known, currency markets discounted this information and tanked the value fo the pound.
[Post edited 24 Jul 20:18]

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The Countdown begins. on 20:21 - Jul 24 with 951 viewsShaky

From Quim's Twitter account:


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The Countdown begins. on 20:23 - Jul 24 with 945 viewscwm02

The Countdown begins. on 20:18 - Jul 24 by Shaky

Back to the drawing board one final time:
+++++++++++++++++++++++++++++
The Efficient Markets Hypothesis (EMH)

"at any point in time, actual prices of individual securities already reflect the effects of information based both on events that have already occurred and on events which, as of now, the market expects to take place in the future."

http://www.open.edu/openlearn/money-management/money/accounting-and-finance/the-
+++++++++++++++++++++++++++++
Immediately after the result of the referendum became known, currency markets discounted this information and tanked the value fo the pound.
[Post edited 24 Jul 20:18]


Like pikeypaul said the weaker Β£ is great for jobs and exports
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The Countdown begins. on 20:26 - Jul 24 with 936 viewspikeypaul

cwm,you are wasting your time,they are negative losers who would love to see the country fail if it meant they could say in 10 years time "i told you so" happy for their kids and grand kids suffer just for their ego.

They like us do not know the eventual outcome one way or the other but the people voted out and
like in any democratic country that should and will happen.

They have already pulled project fear and the vast majority have realised what Bullshite,te it is and was.

Just sit back and smile in the knowledge that in 248 days we will be OUT and the pathetic un democratic losers may then shut the feck up,but I doubt it.

248 AFLI

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The Countdown begins. on 20:28 - Jul 24 with 934 viewsShaky

The Countdown begins. on 20:23 - Jul 24 by cwm02

Like pikeypaul said the weaker Β£ is great for jobs and exports


One thing that is true is that the weaker pound has been good for exports and that is an important reason why economic growth has proved more robust than anticipated.

But at the end of the day the value of the pound is the key indicator of the demand from overseas for UK Plc. It it is going up, foreign investors want to buy in, if it is tanking they are fleeing.

With investor bets backed by hundreds of billions required to move the vast currency markets, by far the largest assets markets in the world.

And they have understandably been running for the hills since the Britain voted to top itself.

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The Countdown begins. on 20:29 - Jul 24 with 930 viewsLeonWasGod

The Countdown begins. on 20:12 - Jul 24 by cwm02

Are you being serious?

We haven't left the EU yet what don't you understand?


The crash in the pound was a direct result of the referendum result, so it’s got everything to do with Brexit. It doesn’t matter that we haven’t left yet.
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The Countdown begins. on 20:31 - Jul 24 with 926 viewsLeonWasGod

The Countdown begins. on 19:18 - Jul 24 by exiledclaseboy

So anyway. May has taken charge of exit negotiations herself. We’re saved.

Raab, ostensibly the Secretary of State for leaving the EU, now effectively has a defunct abd sidelined department to run. He must be chuffed.

Will this farce never end?


That slipped a bit under the radar hasn’t it. Absolute joke of a β€˜government’.
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The Countdown begins. on 20:31 - Jul 24 with 925 viewsBatterseajack

The Countdown begins. on 20:23 - Jul 24 by cwm02

Like pikeypaul said the weaker Β£ is great for jobs and exports


Unless our exports have a supply chain that relies on imports.

Also bad for imports which we do more of.
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The Countdown begins. on 20:33 - Jul 24 with 921 viewscwm02

The Countdown begins. on 20:29 - Jul 24 by LeonWasGod

The crash in the pound was a direct result of the referendum result, so it’s got everything to do with Brexit. It doesn’t matter that we haven’t left yet.


It does because Brexit hasn't happened yet.

We are still in the EU for another 248 days.
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The Countdown begins. on 20:37 - Jul 24 with 910 viewscwm02

The Countdown begins. on 20:31 - Jul 24 by Batterseajack

Unless our exports have a supply chain that relies on imports.

Also bad for imports which we do more of.


A strong currency is a mixed blessing. It makes imports cheaper and can improve living standards. However, it can also make exports less competitive and lead to lower economic growth.
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The Countdown begins. on 20:38 - Jul 24 with 909 viewsShaky

Chart of the Day - A 220 odd year history of the pound/US $ Exchange rate:


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The Countdown begins. on 20:40 - Jul 24 with 904 viewsShaky

Snap pop quiz - -Anybody know what caused the spike in the US $/Β£ exchange rate in the 1860s?

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The Countdown begins. on 20:43 - Jul 24 with 891 viewscwm02

The Countdown begins. on 20:40 - Jul 24 by Shaky

Snap pop quiz - -Anybody know what caused the spike in the US $/Β£ exchange rate in the 1860s?


Was it the US Civil War by any chance?
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The Countdown begins. on 20:44 - Jul 24 with 887 viewsShaky

The Countdown begins. on 20:43 - Jul 24 by cwm02

Was it the US Civil War by any chance?


It was indeed.

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The Countdown begins. on 20:46 - Jul 24 with 882 viewsLeonWasGod

The Countdown begins. on 20:33 - Jul 24 by cwm02

It does because Brexit hasn't happened yet.

We are still in the EU for another 248 days.


You said β€œBTW, we haven't left the EU yet so don't know why your saying that Brexit caused Rising inflation, collapsing pound and soaring cost of living.”

The referendum result lead to a dramatic drop in the pound (making it one of the traders’ best ever nights thanks to a nice little misdirection tipoff from Farage).

Now, the referendum was about leaving the EU = Brexit.

I’m struggling to see how the crash in the pound had nothing to do with Brexit. Unless you’re trying to say the UK’s referendum on whether to stay in or leave the EU had absolutely nothing to do with the UK leaving the EU.

Help me out here, whst am I missing?
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