United Kingdom Referendum on European Union Membership

[Dereich]

RIP the pound, RIP the City of London.

They were good while they lasted.

[Dereich]

RIP the pound, RIP the City of London.

They were good while they lasted.

I am not sure a leave decision is negative on the long run.  I agree on the short run there will be economic dislocation. 

I have yet to see a good rationale as to why London will remain a major financial center if trade and service barriers are reimposed on England as most of the European heads of state have said they would be.

[Dereich]

SCOTLAND VOTES REMAIN
More than 50% of voters have voted for Remain

Congrats, hopefully the next vote is for independence.

Want to make Scotland a third world country? because that's how you make Scotland a third world country

The "obvious economic downside" argument didn't work for this referendum, why should they work for an independence referendum?

[Dereich]

Lol.....

https://twitter.com/SkyNewsBreak/status/746216684596297729

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No consequences at all...

Much of the elite is feeling angry and spiteful right now.  They're lashing out.  Downgrading the UKs credit rating would be a spiteful move.

S&P isn't in the business of "lashing out." They're a respected credit agency because they make objective (well, as objective as humanly possible) observations on creditworthiness. "Lashing out" like children would ruin them; this is all business. Just like the markets aren't "being spiteful" by mass selling the pound and selling shares associated with Britain. This is a damning indictment that virtually everyone with money believes that Britain has made itself a worse investment and economically worse-off.

[Dereich]

And it begins:

Sources at Morgan Stanley tell BBC it's already begun process of moving 2,000 London based investment banking staff to Dublin or Frankfurt.

RIP The City

[Dereich]

Regarding that petition, its now been signed by almost 2 million people. So 4-5% of registered voters, and almost 1 in 8 remain voters.

Hopefully, these will be the new LibDem voters.

Maybe they will. But the Tories from now on will be united as ever. The pro-Europe vote will be split between Labour, SNP and Libdem. So for the next ten years the conservative party will be the dominant party, i predict. By then, everyone will see that the UK will do just fine outside the EU. The Scotts will beg to return within the UK.

More than half the Torie MPs are Remainers. What makes you think they'll suddenly aboutface?