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politicalbetting.com » Blog Archive » As we await tonight’s ComRes phone poll a bad narrative is

SystemSystem Posts: 11,722
edited June 2016 in General

imagepoliticalbetting.com » Blog Archive » As we await tonight’s ComRes phone poll a bad narrative is developing for Leave

 

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  • Options
    adamandcatadamandcat Posts: 76
    edited June 2016
    Like Remain, I hope...
  • Options
    kle4kle4 Posts: 92,087
    As we await tonight’s ComRes phone poll a bad narrative is developing for Leave

    Is it? First I'm hearing about it.
  • Options
    OmniumOmnium Posts: 9,823
    edited June 2016
    The bad narrative being a bad header title on PB?
  • Options
    Morris_DancerMorris_Dancer Posts: 61,028
    If Waugh is attributing stock market declines to Leave doing well, then how does he explain (as someone said last thread) the Spanish stock market declining more?

    Does he think the UK exiting the EU will affect Spain more than the UK?
  • Options
    TheScreamingEaglesTheScreamingEagles Posts: 114,691
    kle4 said:

    As we await tonight’s ComRes phone poll a bad narrative is developing for Leave

    Is it? First I'm hearing about it.

    The Brexit fears has wiped £30 billion from the stock market.

    Several people have mentioned it to us this evening whilst out campaigning
  • Options
    kle4kle4 Posts: 92,087
    PlatoSaid said:

    George Osborne
    If we remain in EU avg wage in South West will rise by £4,500 - from £26,000 to £30,500. If we leave wages will be 2.8% lower in real terms

    2.8% doesn't sound too bad.

    Obviously will be tough for some, margins are thin for those at the bottom, but I'm curious why the predicted rise in in pounds, but the drop is in percentage.

    For context I'm on £30k myself.
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    Sunil_PrasannanSunil_Prasannan Posts: 49,616
    edited June 2016

    kle4 said:

    As we await tonight’s ComRes phone poll a bad narrative is developing for Leave

    Is it? First I'm hearing about it.

    The Brexit fears has wiped £30 billion from the stock market.

    Several people have mentioned it to us this evening whilst out campaigning
    Well you REMAINERS shouldn't have indulged in such scaremongering!
  • Options
    Danny565Danny565 Posts: 8,091
    Nope. If people don't have shares themselves, they're not going to see why they should care about "the markets" falling. It's just not tangible enough for Joe Public.

    As I said earlier, the "Remain" campaign has not given any reasons why it's in people's self-interest to stay in the EU, except to a narrow section of the wealthy middle-class.
  • Options
    kle4kle4 Posts: 92,087

    kle4 said:

    As we await tonight’s ComRes phone poll a bad narrative is developing for Leave

    Is it? First I'm hearing about it.

    The Brexit fears has wiped £30 billion from the stock market.

    Several people have mentioned it to us this evening whilst out campaigning
    Sounds concerning. MIght win back a few. ALthough even so much I'll bet a lot of people just won't care.

    That said, I saw a story summarised as fear vs fact, which annoyed me, as some facts rightfully produce some fear as a result. Same problem I have with criticism of anything as scaremongering - it is a thing, but some things which are true are scary.
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    SandpitSandpit Posts: 50,024
    Sounds like it's kicking off in Lille tonight. Russians going for English and Welsh fans.
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    AlanbrookeAlanbrooke Posts: 23,771
    I don't know what maurice saatchi is drinking but he should give it a rest for a while

    http://www.telegraph.co.uk/news/2016/06/14/dont-want-to-leave-but-hate-the-idea-of-remain-i-have-the-ideal/
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    MontyMonty Posts: 346
    We're currently remortgaging and are seriously considering pulling out because of Brexit. I fear for the future.
  • Options
    MarkSeniorMarkSenior Posts: 4,699

    kle4 said:

    As we await tonight’s ComRes phone poll a bad narrative is developing for Leave

    Is it? First I'm hearing about it.

    The Brexit fears has wiped £30 billion from the stock market.

    Several people have mentioned it to us this evening whilst out campaigning
    Well you REMAINERS shouldn't have indulged in such scaremongering!
    We are warning of what will happen if you wreck the economy of this country . Why not be honest and tell us what fall in your standard of living you are prepared to pay for your Brexit pipe dream .
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    AlanbrookeAlanbrooke Posts: 23,771

    kle4 said:

    As we await tonight’s ComRes phone poll a bad narrative is developing for Leave

    Is it? First I'm hearing about it.

    The Brexit fears has wiped £30 billion from the stock market.

    Several people have mentioned it to us this evening whilst out campaigning
    Were they frightened little old ladies worried about Osborne stealing their pensions ?
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    philiphphiliph Posts: 4,704
    edited June 2016
    I really have doubts that the concept of stock market falls or sterling falls will effect the majority of voters. Those like foxinsox with share portfolios may well be worried, lots of ABC1 types planning to vote in.

    For the CDE sector it is more a case of looking at the falls in the footsie and the pound and thinking that won't effect me, but will be a kick to the elite, bankers and city spivs. They deserve it. Lets vote out.

    Is that a logical (although very crude) view of how pain for the city could be viewed by two different voting segments?
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    FrancisUrquhartFrancisUrquhart Posts: 76,302
    Sandpit said:

    Sounds like it's kicking off in Lille tonight. Russians going for English and Welsh fans.

    Bet Russia don't get kicked out...
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    rcs1000rcs1000 Posts: 54,211

    rcs1000 said:

    tlg86 said:

    Scott_P said:

    Ooh-err

    @Reuters: In Greenland, some suggest the unthinkable - rejoin the EU https://t.co/i8RuMwQKGB https://t.co/REv16encsO

    Is that an EU with or without the UK?
    How cool would a union of Denmark (incl. Greenland etc), Iceland, Norway (with all their islands) and the UK be? After Brexit I'm sure the Danish will be well up for leaving the EU for our Atlantic Ocean Union. :D
    Here's why that's unlikely. Exports to EU as % of GDP:
    Ireland	39.8
    Germany 22.9
    Denmark 21.5
    Sweden 20.0
    Spain 19.5
    Italy 17.8
    France 17.2
    UK 12.8
    Does that Ireland figure include exports to the UK?
    Yes, they're raw numbers. Ireland is the one country that - because it is so keyed into the UK market - might leave. On the other hand it's tax evasion optimisation industry is so important (importing and re-exporting iPads to shift the tax burden, for example) that it might need to stay in the EU to keep that position.
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    Danny565Danny565 Posts: 8,091
    Are there any debates/interviews on TV tonight?
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    timmotimmo Posts: 1,469

    kle4 said:

    As we await tonight’s ComRes phone poll a bad narrative is developing for Leave

    Is it? First I'm hearing about it.

    The Brexit fears has wiped £30 billion from the stock market.

    Several people have mentioned it to us this evening whilst out campaigning
    Well you REMAINERS shouldn't have indulged in such scaremongering!
    We are warning of what will happen if you wreck the economy of this country . Why not be honest and tell us what fall in your standard of living you are prepared to pay for your Brexit pipe dream .
    But we havent left yet.. Sell the rumour buy the fact remember.
    Stg to rally if we vote to brexit.. You watch
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    alex.alex. Posts: 4,658
    Danny565 said:

    Nope. If people don't have shares themselves, they're not going to see why they should care about "the markets" falling. It's just not tangible enough for Joe Public.

    As I said earlier, the "Remain" campaign has not given any reasons why it's in people's self-interest to stay in the EU, except to a narrow section of the wealthy middle-class.

    Any one with a contributory pension would be worried by the stock market.
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    Morris_DancerMorris_Dancer Posts: 61,028
    Anyway, chaps, I'm off. Be interesting when I log on tomorrow to see what that ComRes poll says.
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    foxinsoxukfoxinsoxuk Posts: 23,548
    edited June 2016

    If Waugh is attributing stock market declines to Leave doing well, then how does he explain (as someone said last thread) the Spanish stock market declining more?

    Does he think the UK exiting the EU will affect Spain more than the UK?

    They tend to move together. The GFC shifted most stock markets in unison too. On top of Brexit there are significant fears for growth, and Brexit could be the fuse for a bigger bang.

    I cashed out of most of my equities in April. I may buy back in later on this year. It's times like this that I like my safe govt paycheck.
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    JobabobJobabob Posts: 3,807
    The stocks story is potentially toxic for Leave. It might be the only thing that can save us from this fucking disaster now.
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    REMAINers on here need to be put on suicide watch. All writing Vapid Bilge.
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    RodCrosbyRodCrosby Posts: 7,737
    edited June 2016
    Killer's wife 'knew' of his intentions - may be charged...

    'Omar Mateen's wife, Noor Zahi Salman, told the FBI she was with him when he bought ammunition and a holster, several officials familiar with the case said. She told the FBI that she once drove him to the gay nightclub, Pulse, because he wanted to scope it out.'
    http://www.nbcnews.com/storyline/orlando-nightclub-massacre/omar-mateen-s-wife-tried-talk-him-out-orlando-attack-n592051?cid=sm_tw&hootPostID=1631d0b4632c0a40025001e8aec55bcf
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    kle4kle4 Posts: 92,087
    alex. said:

    Danny565 said:

    Nope. If people don't have shares themselves, they're not going to see why they should care about "the markets" falling. It's just not tangible enough for Joe Public.

    As I said earlier, the "Remain" campaign has not given any reasons why it's in people's self-interest to stay in the EU, except to a narrow section of the wealthy middle-class.

    Any one with a contributory pension would be worried by the stock market.
    Should, perhaps, not would, I suspect.
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    MarqueeMarkMarqueeMark Posts: 50,189

    kle4 said:

    As we await tonight’s ComRes phone poll a bad narrative is developing for Leave

    Is it? First I'm hearing about it.

    The Brexit fears has wiped £30 billion from the stock market.

    Several people have mentioned it to us this evening whilst out campaigning
    Well you REMAINERS shouldn't have indulged in such scaremongering!
    You have to blame Cameron for calling a Referendum if this was a risk....

    The markets will over-react, then the FTSE will rise by polling day as people come in for bargains.
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    FenmanFenman Posts: 1,047
    The markets are understandably very jittery. No idea why the brexiteers seem concerned. Surely their narrative is that none of this matters so long as the UK is 'independent'?
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    hunchmanhunchman Posts: 2,591
    TSE clutching at straws. Who would have thought it!
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    Man rated highly by just 2% of the voters speaks out

    George Osborne
    If we remain in EU avg wage in South West will rise by £4,500 - from £26,000 to £30,500. If we leave wages will be 2.8% lower in real terms
  • Options
    MTimTMTimT Posts: 7,034

    I don't know what maurice saatchi is drinking but he should give it a rest for a while

    http://www.telegraph.co.uk/news/2016/06/14/dont-want-to-leave-but-hate-the-idea-of-remain-i-have-the-ideal/

    I don't know what he is drinking but he is clearly ignorant about Darwinism. His idea of survival of the fittest is survival of the largest. Well, where are all the large land animals today? There are plenty of small species that have evolved quite nicely to fit their environment. It is the slow to adapt or unable to adapt that die off when the environment changes, not necessarily the small (or even weak)

    In the changing economic global environment, the economy most unable to adapt is the EU. To increase our chances we are better off leaving and becoming more adaptable than the EU. That is where our best economic Darwinist strategy lies.
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    philiphphiliph Posts: 4,704
    alex. said:

    Danny565 said:

    Nope. If people don't have shares themselves, they're not going to see why they should care about "the markets" falling. It's just not tangible enough for Joe Public.

    As I said earlier, the "Remain" campaign has not given any reasons why it's in people's self-interest to stay in the EU, except to a narrow section of the wealthy middle-class.

    Any one with a contributory pension would be worried by the stock market.
    No they wouldn't. Anyone wanting to take a pension in 1 to 3 years may be worried by it. Beyond that it is too remote.
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    hunchmanhunchman Posts: 2,591
    Jobabob said:

    The stocks story is potentially toxic for Leave. It might be the only thing that can save us from this fucking disaster now.

    Talk about throwing your toys out of the pram! It was a 2pc fall. Big deal! And GBP isn't exactly falling out of bed.
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    SouthamObserverSouthamObserver Posts: 38,986

    If Waugh is attributing stock market declines to Leave doing well, then how does he explain (as someone said last thread) the Spanish stock market declining more?

    Does he think the UK exiting the EU will affect Spain more than the UK?

    They tend to move together. The GFC shifted most stock markets in unison too. On top of Brexit there are significant fears for growth, and Brexit could be the fuse for a bigger bang.

    I cashed out of most of my equities in April. I may buy back in later on this year. It's times like this that I like my safe govt paycheck.

    Yes, funnily enough we live in an inter-connected world these days. Brexit will be bad for Europe as a whole. And that will ripple out into the wider world too. Still, Boris will sort it out.

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    tysontyson Posts: 6,052
    Monty said:

    We're currently remortgaging and are seriously considering pulling out because of Brexit. I fear for the future.


    I think anyone undertaking any serious financial transaction pre Brexit must be plain stupid. And post Brexit, does it matter because we'll all be knackered. Still it is a price worth paying for......... I cannot even thing of one thing to say here.
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    This is a lousy summer so far. REMAIN will point out it is due to Brexit.
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    alex.alex. Posts: 4,658
    Anything on this Leave claim today that they will protect all existing EU grants etc? So they are going to get back the money we spend on the EU and redirect to UK priorities rather than EU priorities, which are just going to end up being one and the same.
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    PulpstarPulpstar Posts: 76,027
    alex. said:

    Danny565 said:

    Nope. If people don't have shares themselves, they're not going to see why they should care about "the markets" falling. It's just not tangible enough for Joe Public.

    As I said earlier, the "Remain" campaign has not given any reasons why it's in people's self-interest to stay in the EU, except to a narrow section of the wealthy middle-class.

    Any one with a contributory pension would be worried by the stock market.
    It's a benefit for us youngsters - the same stocks will be being bought more cheaply than they otherwise would.
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    OldKingColeOldKingCole Posts: 32,124
    edited June 2016

    Man rated highly by just 2% of the voters speaks out

    George Osborne
    If we remain in EU avg wage in South West will rise by £4,500 - from £26,000 to £30,500. If we leave wages will be 2.8% lower in real terms

    2003 letter from Geo. Osborne to a student constituent has just surfaced on Facebook. It specifically promises to abolish tuition fees, and GO is very critical indeed of such fees as a "tax on learning".
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    SouthamObserverSouthamObserver Posts: 38,986
    rcs1000 said:

    rcs1000 said:

    tlg86 said:

    Scott_P said:

    Ooh-err

    @Reuters: In Greenland, some suggest the unthinkable - rejoin the EU https://t.co/i8RuMwQKGB https://t.co/REv16encsO

    Is that an EU with or without the UK?
    How cool would a union of Denmark (incl. Greenland etc), Iceland, Norway (with all their islands) and the UK be? After Brexit I'm sure the Danish will be well up for leaving the EU for our Atlantic Ocean Union. :D
    Here's why that's unlikely. Exports to EU as % of GDP:
    Ireland	39.8
    Germany 22.9
    Denmark 21.5
    Sweden 20.0
    Spain 19.5
    Italy 17.8
    France 17.2
    UK 12.8
    Does that Ireland figure include exports to the UK?
    Yes, they're raw numbers. Ireland is the one country that - because it is so keyed into the UK market - might leave. On the other hand it's tax evasion optimisation industry is so important (importing and re-exporting iPads to shift the tax burden, for example) that it might need to stay in the EU to keep that position.

    Ireland will not follow the UK out of the EU; 800 years of history will tell you why. As Leavers keep telling us, some things are more important than economics.

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    hunchmanhunchman Posts: 2,591

    kle4 said:

    As we await tonight’s ComRes phone poll a bad narrative is developing for Leave

    Is it? First I'm hearing about it.

    The Brexit fears has wiped £30 billion from the stock market.

    Several people have mentioned it to us this evening whilst out campaigning
    And how do you explain other stockmarkets in Europe falling more than the ftse today? ! You remain apologists really do talk some pitiful crap at times!
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    MortimerMortimer Posts: 13,958

    kle4 said:

    As we await tonight’s ComRes phone poll a bad narrative is developing for Leave

    Is it? First I'm hearing about it.

    The Brexit fears has wiped £30 billion from the stock market.

    Several people have mentioned it to us this evening whilst out campaigning
    Well you REMAINERS shouldn't have indulged in such scaremongering!
    We are warning of what will happen if you wreck the economy of this country . Why not be honest and tell us what fall in your standard of living you are prepared to pay for your Brexit pipe dream .
    Strange how the global forex market doesn't seem that bothered by the prospect...
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    philiphphiliph Posts: 4,704
    tyson said:

    Monty said:

    We're currently remortgaging and are seriously considering pulling out because of Brexit. I fear for the future.


    I think anyone undertaking any serious financial transaction pre Brexit must be plain stupid. And post Brexit, does it matter because we'll all be knackered. Still it is a price worth paying for......... I cannot even thing of one thing to say here.
    I had an offer of well over £1 million for a house yesterday. People are still spending.
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    PulpstarPulpstar Posts: 76,027

    Man rated highly by just 2% of the voters speaks out

    George Osborne
    If we remain in EU avg wage in South West will rise by £4,500 - from £26,000 to £30,500. If we leave wages will be 2.8% lower in real terms

    2003 letter from Geo. Osborne to a student constituent has just surfaced on Facebook. It specifically promises to abolish tuition fees, and GO is very critical indeed of such fees as a "tax on learning".
    He's full of it.
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    MarkSeniorMarkSenior Posts: 4,699
    rcs1000 said:

    rcs1000 said:

    tlg86 said:

    Scott_P said:

    Ooh-err

    @Reuters: In Greenland, some suggest the unthinkable - rejoin the EU https://t.co/i8RuMwQKGB https://t.co/REv16encsO

    Is that an EU with or without the UK?
    How cool would a union of Denmark (incl. Greenland etc), Iceland, Norway (with all their islands) and the UK be? After Brexit I'm sure the Danish will be well up for leaving the EU for our Atlantic Ocean Union. :D
    Here's why that's unlikely. Exports to EU as % of GDP:
    Ireland	39.8
    Germany 22.9
    Denmark 21.5
    Sweden 20.0
    Spain 19.5
    Italy 17.8
    France 17.2
    UK 12.8
    Does that Ireland figure include exports to the UK?
    Yes, they're raw numbers. Ireland is the one country that - because it is so keyed into the UK market - might leave. On the other hand it's tax evasion optimisation industry is so important (importing and re-exporting iPads to shift the tax burden, for example) that it might need to stay in the EU to keep that position.
    Ireland is not so keyed unto the UK market for its exports , It exports almost as much to Belgium and Luxembourg as it does to the UK . Their economy is growing at 4 times the UK rate , why should they threaten that success by leaving the EU ?
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    TheScreamingEaglesTheScreamingEagles Posts: 114,691
    hunchman said:

    kle4 said:

    As we await tonight’s ComRes phone poll a bad narrative is developing for Leave

    Is it? First I'm hearing about it.

    The Brexit fears has wiped £30 billion from the stock market.

    Several people have mentioned it to us this evening whilst out campaigning
    And how do you explain other stockmarkets in Europe falling more than the ftse today? ! You remain apologists really do talk some pitiful crap at times!
    Brexit related fears.
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    rcs1000rcs1000 Posts: 54,211
    hunchman said:

    kle4 said:

    As we await tonight’s ComRes phone poll a bad narrative is developing for Leave

    Is it? First I'm hearing about it.

    The Brexit fears has wiped £30 billion from the stock market.

    Several people have mentioned it to us this evening whilst out campaigning
    And how do you explain other stockmarkets in Europe falling more than the ftse today? ! You remain apologists really do talk some pitiful crap at times!
    The EU exports a lot to the UK. Us leaving is not great for their economies either.

    (There are also some specifics: Santander has a very big British business for example.)
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    tysontyson Posts: 6,052
    philiph said:

    I really have doubts that the concept of stock market falls or sterling falls will effect the majority of voters. Those like foxinsox with share portfolios may well be worried, lots of ABC1 types planning to vote in.

    For the CDE sector it is more a case of looking at the falls in the footsie and the pound and thinking that won't effect me, but will be a kick to the elite, bankers and city spivs. They deserve it. Lets vote out.

    Is that a logical (although very crude) view of how pain for the city could be viewed by two different voting segments?

    It's that kind of financial illiteracy that is going to lead to a post Brexit depression that will fundamentally change this country for the worse.

    Maybe that is the motivating factor for leavers....to turn the UK into such a shithole that immigrants will leave.
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    MP_SEMP_SE Posts: 3,642

    REMAINers on here need to be put on suicide watch. All writing Vapid Bilge.

    Where have all the CCHQ bots gone? Presumably ordered to spin for Remain elsewhere.
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    Sunil_PrasannanSunil_Prasannan Posts: 49,616

    Sandpit said:

    Sounds like it's kicking off in Lille tonight. Russians going for English and Welsh fans.

    Bet Russia don't get kicked out...
    http://www.bbc.co.uk/news/uk-36520997

    "Euro 2016 violence: What do Russian fans say?"
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    MikeLMikeL Posts: 7,321
    Perhaps surprisingly, Curtice poll of polls is still Remain 49, Leave 51.

    I think that was as of last night - ie not including today's TNS.

    Other big caveat is that he is using the ORB "all voters" numbers.

    But even so, if there is any last minute swingback, it's still very easy to see how Remain could still win - if not comfortably then still by quite a bit more than a photo finish.

    Remember what was said a couple of weeks ago - Leave needs to be a solid 5 to 7 points ahead to be confident of victory. It's still well short of that - at least at the moment.

    Which is why Remain is still clear favourite.
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    DanSmithDanSmith Posts: 1,215
    Think we need a few successive days of the FTSE decreasing before it becomes a thing.

    Good point made on Twitter, no coincidence The Sun have picked a side the day before they publish a ComRes poll.
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    rcs1000rcs1000 Posts: 54,211

    rcs1000 said:

    rcs1000 said:

    tlg86 said:

    Scott_P said:

    Ooh-err

    @Reuters: In Greenland, some suggest the unthinkable - rejoin the EU https://t.co/i8RuMwQKGB https://t.co/REv16encsO

    Is that an EU with or without the UK?
    How cool would a union of Denmark (incl. Greenland etc), Iceland, Norway (with all their islands) and the UK be? After Brexit I'm sure the Danish will be well up for leaving the EU for our Atlantic Ocean Union. :D
    Here's why that's unlikely. Exports to EU as % of GDP:
    Ireland	39.8
    Germany 22.9
    Denmark 21.5
    Sweden 20.0
    Spain 19.5
    Italy 17.8
    France 17.2
    UK 12.8
    Does that Ireland figure include exports to the UK?
    Yes, they're raw numbers. Ireland is the one country that - because it is so keyed into the UK market - might leave. On the other hand it's tax evasion optimisation industry is so important (importing and re-exporting iPads to shift the tax burden, for example) that it might need to stay in the EU to keep that position.
    Ireland is not so keyed unto the UK market for its exports , It exports almost as much to Belgium and Luxembourg as it does to the UK . Their economy is growing at 4 times the UK rate , why should they threaten that success by leaving the EU ?
    I tend to agree. The EU is much more popular in Ireland than in the UK. It also has a historic opportunity to grab chunks of the British financial services industry.

    I'm looking to buy property in Dublin. While I wouldn't like to offer financial advice, there is an interesting Dublin REIT out there that could do very well in the event of Brexit.
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    MontyMonty Posts: 346
    tyson said:

    Monty said:

    We're currently remortgaging and are seriously considering pulling out because of Brexit. I fear for the future.


    I think anyone undertaking any serious financial transaction pre Brexit must be plain stupid. And post Brexit, does it matter because we'll all be knackered. Still it is a price worth paying for......... I cannot even thing of one thing to say here.
    We'll wait and see. If as I suspect there is absolute financial pandemonium we will have to pull out. It's going to be a disastrous few years for Britain and Europe if we leave. LEAVERS are kidding themselves that everything will be ok with no plan and utter financial turmoil on the horizon.
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    MarqueeMarkMarqueeMark Posts: 50,189
    I'm surprised Mars is still running its Believe! advertising campaign in the footie after Sunil nailed BeLeave as the greatest slogan in living memory....
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    LucyJonesLucyJones Posts: 651

    Man rated highly by just 2% of the voters speaks out

    George Osborne
    If we remain in EU avg wage in South West will rise by £4,500 - from £26,000 to £30,500. If we leave wages will be 2.8% lower in real terms

    That's not what Stuart Rose said.

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    philiphphiliph Posts: 4,704
    tyson said:

    philiph said:

    I really have doubts that the concept of stock market falls or sterling falls will effect the majority of voters. Those like foxinsox with share portfolios may well be worried, lots of ABC1 types planning to vote in.

    For the CDE sector it is more a case of looking at the falls in the footsie and the pound and thinking that won't effect me, but will be a kick to the elite, bankers and city spivs. They deserve it. Lets vote out.

    Is that a logical (although very crude) view of how pain for the city could be viewed by two different voting segments?

    It's that kind of financial illiteracy that is going to lead to a post Brexit depression that will fundamentally change this country for the worse.

    Maybe that is the motivating factor for leavers....to turn the UK into such a shithole that immigrants will leave.
    I would expect UK to be a much better, fairer and more equal society after 10 years out of the EU. For it to be as rich or richer than if it had stayed in the EU.
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    FrancisUrquhartFrancisUrquhart Posts: 76,302
    edited June 2016
    It isn't fairly soon that the IoC bend over and take it from Russia and announce that they will let them back into the Olympics?
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    tysontyson Posts: 6,052
    philiph said:

    tyson said:

    Monty said:

    We're currently remortgaging and are seriously considering pulling out because of Brexit. I fear for the future.


    I think anyone undertaking any serious financial transaction pre Brexit must be plain stupid. And post Brexit, does it matter because we'll all be knackered. Still it is a price worth paying for......... I cannot even thing of one thing to say here.
    I had an offer of well over £1 million for a house yesterday. People are still spending.
    An offer is one thing, a completion is another. Don't count your chickens...if the UK votes a Brexit the chances of your million pound house sale progressing to completion is about as likely as me becoming Pope.
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    Sunil_PrasannanSunil_Prasannan Posts: 49,616

    I'm surprised Mars is still running its Believe! advertising campaign in the footie after Sunil nailed BeLeave as the greatest slogan in living memory....

    "A Mars a day helps you work, rest and... post to PB!"
  • Options
    rcs1000rcs1000 Posts: 54,211
    I have to say that the one asset that is highly likely to become more... ahhh... affordable post Brexit is London property.

    An unparalleled amount of new supply coming, at a time when demand is dipping (both from EU and off-plan foreign investors).

    Hong Kong property fell 60% in one 18 month stretch. I think something similar is entirely possible in London.

    Which is good, because my wife would really like to upgrade.
  • Options
    MarqueeMarkMarqueeMark Posts: 50,189
    LucyJones said:

    Man rated highly by just 2% of the voters speaks out

    George Osborne
    If we remain in EU avg wage in South West will rise by £4,500 - from £26,000 to £30,500. If we leave wages will be 2.8% lower in real terms

    That's not what Stuart Rose said.

    Chaotic economic narrative from Remain.

    Has Stuart Rose been buried in the Downing Street, er, Rose garden?
  • Options
    OUTOUT Posts: 569
    Sandpit said:

    Sounds like it's kicking off in Lille tonight. Russians going for English and Welsh fans.

    Outside the stadium though. Nothing to do with us (uefa) guv.
  • Options
    tysontyson Posts: 6,052
    philiph said:

    tyson said:

    philiph said:

    I really have doubts that the concept of stock market falls or sterling falls will effect the majority of voters. Those like foxinsox with share portfolios may well be worried, lots of ABC1 types planning to vote in.

    For the CDE sector it is more a case of looking at the falls in the footsie and the pound and thinking that won't effect me, but will be a kick to the elite, bankers and city spivs. They deserve it. Lets vote out.

    Is that a logical (although very crude) view of how pain for the city could be viewed by two different voting segments?

    It's that kind of financial illiteracy that is going to lead to a post Brexit depression that will fundamentally change this country for the worse.

    Maybe that is the motivating factor for leavers....to turn the UK into such a shithole that immigrants will leave.
    I would expect UK to be a much better, fairer and more equal society after 10 years out of the EU. For it to be as rich or richer than if it had stayed in the EU.
    Fingers crossed heh....
    That's precisely it with leavers- you really are taking a leave of your collective senses.
  • Options
    rcs1000rcs1000 Posts: 54,211
    SeanT said:

    Fuck me. I'm in Calabria, with gangsters.

    I've just seen the TNS poll.

    Cameron has really lost this, hasn't he? We're really going to LEAVE.

    I am simultaneously excited, and terrified.

    His one hope is that the fear factor will NOW kick in - that and some kind of VOW might save the day. Maybe.

    How big is your mortgage, Sean?
  • Options
    OUTOUT Posts: 569
    SeanT said:

    Fuck me. I'm in Calabria, with gangsters.

    I've just seen the TNS poll.

    Cameron has really lost this, hasn't he? We're really going to LEAVE.

    I am simultaneously excited, and terrified.

    His one hope is that the fear factor will NOW kick in - that and some kind of VOW might save the day. Maybe.

    Real gangsters reside in Brussels/Westminster
  • Options
    RogerRoger Posts: 18,930
    edited June 2016
    tyson said:

    Monty said:

    We're currently remortgaging and are seriously considering pulling out because of Brexit. I fear for the future.


    I think anyone undertaking any serious financial transaction pre Brexit must be plain stupid. And post Brexit, does it matter because we'll all be knackered. Still it is a price worth paying for......... I cannot even thing of one thing to say here.
    Anyone who listened to the Canadian finance minister saying it has taken seven years to negotiate a deal which isn't as good as the one we currently enjoy and saying we're mad considering leaving should take note.

    Though what Canada thinks might not normally be relevant as it's Boris's number one selling gambit it becomes very significant indeed.

    The economic case is becoming so overwhelming if the Remain side aren't able to sell this in the next seven days they deserve to be held responsible for taking Britain into bankruptcy.
  • Options
    philiphphiliph Posts: 4,704
    tyson said:

    philiph said:

    tyson said:

    Monty said:

    We're currently remortgaging and are seriously considering pulling out because of Brexit. I fear for the future.


    I think anyone undertaking any serious financial transaction pre Brexit must be plain stupid. And post Brexit, does it matter because we'll all be knackered. Still it is a price worth paying for......... I cannot even thing of one thing to say here.
    I had an offer of well over £1 million for a house yesterday. People are still spending.
    An offer is one thing, a completion is another. Don't count your chickens...if the UK votes a Brexit the chances of your million pound house sale progressing to completion is about as likely as me becoming Pope.
    I wasn't interested in the offer. Brexit will make very little difference to house prices over a medium term, supply and demand is a bigger driver of price.
  • Options
    rottenboroughrottenborough Posts: 58,570
    tyson said:

    philiph said:

    I really have doubts that the concept of stock market falls or sterling falls will effect the majority of voters. Those like foxinsox with share portfolios may well be worried, lots of ABC1 types planning to vote in.

    For the CDE sector it is more a case of looking at the falls in the footsie and the pound and thinking that won't effect me, but will be a kick to the elite, bankers and city spivs. They deserve it. Lets vote out.

    Is that a logical (although very crude) view of how pain for the city could be viewed by two different voting segments?

    It's that kind of financial illiteracy that is going to lead to a post Brexit depression that will fundamentally change this country for the worse.

    Maybe that is the motivating factor for leavers....to turn the UK into such a shithole that immigrants will leave.
    Do any of us political obsessives really think the average voter is aware of the current stock market level?
  • Options
    MarkSeniorMarkSenior Posts: 4,699
    rcs1000 said:

    rcs1000 said:

    rcs1000 said:

    tlg86 said:

    Scott_P said:

    Ooh-err

    @Reuters: In Greenland, some suggest the unthinkable - rejoin the EU https://t.co/i8RuMwQKGB https://t.co/REv16encsO

    Is that an EU with or without the UK?
    How cool would a union of Denmark (incl. Greenland etc), Iceland, Norway (with all their islands) and the UK be? After Brexit I'm sure the Danish will be well up for leaving the EU for our Atlantic Ocean Union. :D
    Here's why that's unlikely. Exports to EU as % of GDP:
    Ireland	39.8
    Germany 22.9
    Denmark 21.5
    Sweden 20.0
    Spain 19.5
    Italy 17.8
    France 17.2
    UK 12.8
    Does that Ireland figure include exports to the UK?
    Yes, they're raw numbers. Ireland is the one country that - because it is so keyed into the UK market - might leave. On the other hand it's tax evasion optimisation industry is so important (importing and re-exporting iPads to shift the tax burden, for example) that it might need to stay in the EU to keep that position.
    Ireland is not so keyed unto the UK market for its exports , It exports almost as much to Belgium and Luxembourg as it does to the UK . Their economy is growing at 4 times the UK rate , why should they threaten that success by leaving the EU ?
    I tend to agree. The EU is much more popular in Ireland than in the UK. It also has a historic opportunity to grab chunks of the British financial services industry.

    I'm looking to buy property in Dublin. While I wouldn't like to offer financial advice, there is an interesting Dublin REIT out there that could do very well in the event of Brexit.
    Yes I am sure that if Leave wins a few like yourself will be able to feather your own nests and that it does not concern you that it will be at the expense of the majority of those you are urging to vote leave ..
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    David_EvershedDavid_Evershed Posts: 6,506
    On Guido this afternoon.

    After yesterday’s gold standard ICM online and phone polls showing a robust Leave lead, TNS have released new figures showing 47% for Out and 40% for In. This means Leave are now ahead seven points – higher than any poll since YouGov’s nine point lead for Out in February. Remain have won just one poll in the last seven days…

    This poll was embargoed til 6pm but the embargo was busted by the Times and Britain Elects
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    JobabobJobabob Posts: 3,807
    rcs1000 said:

    I have to say that the one asset that is highly likely to become more... ahhh... affordable post Brexit is London property.

    An unparalleled amount of new supply coming, at a time when demand is dipping (both from EU and off-plan foreign investors).

    Hong Kong property fell 60% in one 18 month stretch. I think something similar is entirely possible in London.

    Which is good, because my wife would really like to upgrade.

    I'm glad you think it's good that this insanity has the potential to plunge London families like mine into negative equity. I have been close to tears at times worried about my family's livelihood.
  • Options
    AlanbrookeAlanbrooke Posts: 23,771

    Man rated highly by just 2% of the voters speaks out

    George Osborne
    If we remain in EU avg wage in South West will rise by £4,500 - from £26,000 to £30,500. If we leave wages will be 2.8% lower in real terms

    Ive has several business people remark Osborne is creating a slowdown ahead of the 23rd to be followed by opening the taps if he wins.

    And I didn't even propmpt them !
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    kle4kle4 Posts: 92,087

    tyson said:

    philiph said:

    I really have doubts that the concept of stock market falls or sterling falls will effect the majority of voters. Those like foxinsox with share portfolios may well be worried, lots of ABC1 types planning to vote in.

    For the CDE sector it is more a case of looking at the falls in the footsie and the pound and thinking that won't effect me, but will be a kick to the elite, bankers and city spivs. They deserve it. Lets vote out.

    Is that a logical (although very crude) view of how pain for the city could be viewed by two different voting segments?

    It's that kind of financial illiteracy that is going to lead to a post Brexit depression that will fundamentally change this country for the worse.

    Maybe that is the motivating factor for leavers....to turn the UK into such a shithole that immigrants will leave.
    Do any of us political obsessives really think the average voter is aware of the current stock market level?
    Only if it makes the front pages.
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    Philip_ThompsonPhilip_Thompson Posts: 65,826
    Stock market changes within a range that would not normally be considered newsworthy or exceptional ... with the UK markets fareing better than their European counterparts.

    It's almost as if Brexit is nothing to do with it.
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    MaxPBMaxPB Posts: 37,667
    rcs1000 said:

    rcs1000 said:

    tlg86 said:

    Scott_P said:

    Ooh-err

    @Reuters: In Greenland, some suggest the unthinkable - rejoin the EU https://t.co/i8RuMwQKGB https://t.co/REv16encsO

    Is that an EU with or without the UK?
    How cool would a union of Denmark (incl. Greenland etc), Iceland, Norway (with all their islands) and the UK be? After Brexit I'm sure the Danish will be well up for leaving the EU for our Atlantic Ocean Union. :D
    Here's why that's unlikely. Exports to EU as % of GDP:
    Ireland	39.8
    Germany 22.9
    Denmark 21.5
    Sweden 20.0
    Spain 19.5
    Italy 17.8
    France 17.2
    UK 12.8
    Does that Ireland figure include exports to the UK?
    Yes, they're raw numbers. Ireland is the one country that - because it is so keyed into the UK market - might leave. On the other hand it's tax evasion optimisation industry is so important (importing and re-exporting iPads to shift the tax burden, for example) that it might need to stay in the EU to keep that position.
    Rob, I calculated the UK figure with quite a bit of accuracy recently and it was something like 9.8% of GDP rather than the the ONS figure which doesn't take into account re-exports and re-imports. The German figure is also significantly lower than that IMO, but I don't have the numbers to back that feeling up.
  • Options
    RobDRobD Posts: 59,022

    Man rated highly by just 2% of the voters speaks out

    George Osborne
    If we remain in EU avg wage in South West will rise by £4,500 - from £26,000 to £30,500. If we leave wages will be 2.8% lower in real terms

    Ive has several business people remark Osborne is creating a slowdown ahead of the 23rd to be followed by opening the taps if he wins.

    And I didn't even propmpt them !
    Hijacking your reply, but why wasn't the increase to wages also given in real terms?

    *innocent face*
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    hunchmanhunchman Posts: 2,591
    Monty said:

    tyson said:

    Monty said:

    We're currently remortgaging and are seriously considering pulling out because of Brexit. I fear for the future.


    I think anyone undertaking any serious financial transaction pre Brexit must be plain stupid. And post Brexit, does it matter because we'll all be knackered. Still it is a price worth paying for......... I cannot even thing of one thing to say here.
    We'll wait and see. If as I suspect there is absolute financial pandemonium we will have to pull out. It's going to be a disastrous few years for Britain and Europe if we leave. LEAVERS are kidding themselves that everything will be ok with no plan and utter financial turmoil on the horizon.
    Keep carrying on with your ridiculous propaganda. It's been working oh so well so far! Norway and Switzerland do better than eurozone economies outside the EU. Just how do you explain that?
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    MonikerDiCanioMonikerDiCanio Posts: 5,792
    SeanT said:

    Fuck me. I'm in Calabria, with gangsters.

    I've just seen the TNS poll.

    Cameron has really lost this, hasn't he? We're really going to LEAVE.

    I am simultaneously excited, and terrified.

    His one hope is that the fear factor will NOW kick in - that and some kind of VOW might save the day. Maybe.

    Are you going to visit San Luca ?
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    David_EvershedDavid_Evershed Posts: 6,506

    kle4 said:

    As we await tonight’s ComRes phone poll a bad narrative is developing for Leave

    Is it? First I'm hearing about it.

    The Brexit fears has wiped £30 billion from the stock market.

    Several people have mentioned it to us this evening whilst out campaigning

    What evidence is there that todays fall in the UK stockmarket is anything to do with Brexit?

    Were previous rises to do with Brexit too?

    The stockmarket goes up and down all the time. Anyone who really knows why keeps quiet and makes a fortune. Plenty think they know and lose what they have.
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    JobabobJobabob Posts: 3,807
    Roger said:

    tyson said:

    Monty said:

    We're currently remortgaging and are seriously considering pulling out because of Brexit. I fear for the future.


    I think anyone undertaking any serious financial transaction pre Brexit must be plain stupid. And post Brexit, does it matter because we'll all be knackered. Still it is a price worth paying for......... I cannot even thing of one thing to say here.
    Anyone who listened to the Canadian finance minister saying it has taken seven years to negotiate a deal which isn't as good as the one we currently enjoy and saying we're mad considering leaving should take note.

    Though what Canada thinks might not normally be relevant as it's Boris's number one selling gambit it becomes very significant indeed.

    The economic case is becoming so overwhelming if the Remain side aren't able to sell this in the next seven days they deserve to be held responsible for taking Britain into bankruptcy.
    Very true. They are losing. The time to set things straight is now.
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    MortimerMortimer Posts: 13,958
    Jobabob said:

    rcs1000 said:

    I have to say that the one asset that is highly likely to become more... ahhh... affordable post Brexit is London property.

    An unparalleled amount of new supply coming, at a time when demand is dipping (both from EU and off-plan foreign investors).

    Hong Kong property fell 60% in one 18 month stretch. I think something similar is entirely possible in London.

    Which is good, because my wife would really like to upgrade.

    I'm glad you think it's good that this insanity has the potential to plunge London families like mine into negative equity. I have been close to tears at times worried about my family's livelihood.
    Asset price bubbles rarely end well. It sadly hurts some people - and that is why as a society we ameliorate that.

    What about families who don't have a massive asset to live in? There is almost always someone worse off.
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    OUTOUT Posts: 569
    Jobabob said:

    rcs1000 said:

    I have to say that the one asset that is highly likely to become more... ahhh... affordable post Brexit is London property.

    An unparalleled amount of new supply coming, at a time when demand is dipping (both from EU and off-plan foreign investors).

    Hong Kong property fell 60% in one 18 month stretch. I think something similar is entirely possible in London.

    Which is good, because my wife would really like to upgrade.

    I'm glad you think it's good that this insanity has the potential to plunge London families like mine into negative equity. I have been close to tears at times worried about my family's livelihood.
    Capitalisim/Free market
    Not fair is it.
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    MaxPBMaxPB Posts: 37,667
    rcs1000 said:

    I have to say that the one asset that is highly likely to become more... ahhh... affordable post Brexit is London property.

    An unparalleled amount of new supply coming, at a time when demand is dipping (both from EU and off-plan foreign investors).

    Hong Kong property fell 60% in one 18 month stretch. I think something similar is entirely possible in London.

    Which is good, because my wife would really like to upgrade.

    I feel like my decision to reduce my mortgage is really going to pay off.
  • Options
    JobabobJobabob Posts: 3,807
    Mortimer said:

    Jobabob said:

    rcs1000 said:

    I have to say that the one asset that is highly likely to become more... ahhh... affordable post Brexit is London property.

    An unparalleled amount of new supply coming, at a time when demand is dipping (both from EU and off-plan foreign investors).

    Hong Kong property fell 60% in one 18 month stretch. I think something similar is entirely possible in London.

    Which is good, because my wife would really like to upgrade.

    I'm glad you think it's good that this insanity has the potential to plunge London families like mine into negative equity. I have been close to tears at times worried about my family's livelihood.
    Asset price bubbles rarely end well. It sadly hurts some people - and that is why as a society we ameliorate that.

    What about families who don't have a massive asset to live in? There is almost always someone worse off.
    Sanctimonious bilge.
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    MarkSeniorMarkSenior Posts: 4,699
    hunchman said:

    Monty said:

    tyson said:

    Monty said:

    We're currently remortgaging and are seriously considering pulling out because of Brexit. I fear for the future.


    I think anyone undertaking any serious financial transaction pre Brexit must be plain stupid. And post Brexit, does it matter because we'll all be knackered. Still it is a price worth paying for......... I cannot even thing of one thing to say here.
    We'll wait and see. If as I suspect there is absolute financial pandemonium we will have to pull out. It's going to be a disastrous few years for Britain and Europe if we leave. LEAVERS are kidding themselves that everything will be ok with no plan and utter financial turmoil on the horizon.
    Keep carrying on with your ridiculous propaganda. It's been working oh so well so far! Norway and Switzerland do better than eurozone economies outside the EU. Just how do you explain that?
    Yes lets follow the Swiss route to success , have the 2nd highest % of immigrants in the world . That will please the xenophobes
  • Options
    TheScreamingEaglesTheScreamingEagles Posts: 114,691

    kle4 said:

    As we await tonight’s ComRes phone poll a bad narrative is developing for Leave

    Is it? First I'm hearing about it.

    The Brexit fears has wiped £30 billion from the stock market.

    Several people have mentioned it to us this evening whilst out campaigning

    What evidence is there that todays fall in the UK stockmarket is anything to do with Brexit?

    Were previous rises to do with Brexit too?

    The stockmarket goes up and down all the time. Anyone who really knows why keeps quiet and makes a fortune. Plenty think they know and lose what they have.
    Why don't you learn to read? I said quite clearly in the thread header 'sometimes perceptions matter more than the facts'
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    chestnutchestnut Posts: 7,341
    MikeL said:

    Perhaps surprisingly, Curtice poll of polls is still Remain 49, Leave 51.

    I think that was as of last night - ie not including today's TNS.

    Other big caveat is that he is using the ORB "all voters" numbers.

    But even so, if there is any last minute swingback, it's still very easy to see how Remain could still win - if not comfortably then still by quite a bit more than a photo finish.

    Remember what was said a couple of weeks ago - Leave needs to be a solid 5 to 7 points ahead to be confident of victory. It's still well short of that - at least at the moment.

    Which is why Remain is still clear favourite.

    These polls of polls have dubious value, Mike.

    The pollsters need to agree on some uniform reporting standards. At the moment we have claimed 95% turnout numbers being reported as though they are the same as 60% ones.

    That's plain silly in my opinion.
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    PulpstarPulpstar Posts: 76,027
    edited June 2016
    rcs1000 said:

    I have to say that the one asset that is highly likely to become more... ahhh... affordable post Brexit is London property.

    An unparalleled amount of new supply coming, at a time when demand is dipping (both from EU and off-plan foreign investors).

    Hong Kong property fell 60% in one 18 month stretch. I think something similar is entirely possible in London.

    Which is good, because my wife would really like to upgrade.

    Thanks for the heads up, some London bridging loans going up tommorow - have halved my prefund for investment in them :)
  • Options
    Prof. Stephen Fisher's updated weekly forecast:

    "The probability that Remain will win the referendum has fallen from 68% last week to just 51% this week."
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    SouthamObserverSouthamObserver Posts: 38,986
    OUT said:

    Jobabob said:

    rcs1000 said:

    I have to say that the one asset that is highly likely to become more... ahhh... affordable post Brexit is London property.

    An unparalleled amount of new supply coming, at a time when demand is dipping (both from EU and off-plan foreign investors).

    Hong Kong property fell 60% in one 18 month stretch. I think something similar is entirely possible in London.

    Which is good, because my wife would really like to upgrade.

    I'm glad you think it's good that this insanity has the potential to plunge London families like mine into negative equity. I have been close to tears at times worried about my family's livelihood.
    Capitalisim/Free market
    Not fair is it.

    Leavers don't believe in the free market.

  • Options
    rcs1000rcs1000 Posts: 54,211
    philiph said:

    tyson said:

    philiph said:

    tyson said:

    Monty said:

    We're currently remortgaging and are seriously considering pulling out because of Brexit. I fear for the future.


    I think anyone undertaking any serious financial transaction pre Brexit must be plain stupid. And post Brexit, does it matter because we'll all be knackered. Still it is a price worth paying for......... I cannot even thing of one thing to say here.
    I had an offer of well over £1 million for a house yesterday. People are still spending.
    An offer is one thing, a completion is another. Don't count your chickens...if the UK votes a Brexit the chances of your million pound house sale progressing to completion is about as likely as me becoming Pope.
    I wasn't interested in the offer. Brexit will make very little difference to house prices over a medium term, supply and demand is a bigger driver of price.
    There is an unprecedented amount of building in London right now: 54,000 units are under construction in inner London alone. That's equivalent (to put it in perspective) to half of the total housing stock of Luton.

    International investors in London property (Singaporeans, Chinese, Russians, Middle Eastern) will likely "take a pause" post a Brexit vote. Some banks and financial institutions will inevitably scale down their London offices. London will become less of a technology hub. And overall immigration levels will inevitably fall - in a market that's being built up on the basis of a continued flow of new people.

    London's property market will be an utter bloodbath.

    And, while I realise this will affect a lot of people negatively, that's probably a good thing in the long term. Prices were unaffordable for too many people.
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    timmotimmo Posts: 1,469
    Can i say that i think this thread is a bit sad and desperate.
    Last year the dow fell around 7% in a week. Our mkts followed. Ntg to do with brexit.
    Secondly some of the protagonists spinning doom and gloom on here were the same oeople who said that there was no way last May that the Lib Dems would get less than 25 seats. Mr Senior was adamant about it . But he and they were wrong .A huge swathe of the population are looking forward to a once in a lifetime opportunity next Thursday. They want to punch the establishment full square on the nose.
    They have their fingers in their ears and short of being disenfranchised will not now be moved to a different position. The DKs are splitting fairly evenly but even many youngsters and BME groups are splitting to the extent that apart from the core lib dem and green vote voting remain you cant be sure who is going to vote in or out.
    I expect the polls to show a tightening feom around the weekend but up to that point it will be leave in the ascendency stock mkt fall or no stock mkt fall.
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    MaxPBMaxPB Posts: 37,667
    Jobabob said:

    rcs1000 said:

    I have to say that the one asset that is highly likely to become more... ahhh... affordable post Brexit is London property.

    An unparalleled amount of new supply coming, at a time when demand is dipping (both from EU and off-plan foreign investors).

    Hong Kong property fell 60% in one 18 month stretch. I think something similar is entirely possible in London.

    Which is good, because my wife would really like to upgrade.

    I'm glad you think it's good that this insanity has the potential to plunge London families like mine into negative equity. I have been close to tears at times worried about my family's livelihood.
    Spare a thought for all those millions in London stuck in the private rental sector having to deal with bastard agencies and landlords while wasting 40% of their wages on rent.
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    midwintermidwinter Posts: 1,112
    Mortimer said:

    Jobabob said:

    rcs1000 said:

    I have to say that the one asset that is highly likely to become more... ahhh... affordable post Brexit is London property.

    An unparalleled amount of new supply coming, at a time when demand is dipping (both from EU and off-plan foreign investors).

    Hong Kong property fell 60% in one 18 month stretch. I think something similar is entirely possible in London.

    Which is good, because my wife would really like to upgrade.

    I'm glad you think it's good that this insanity has the potential to plunge London families like mine into negative equity. I have been close to tears at times worried about my family's livelihood.
    Asset price bubbles rarely end well. It sadly hurts some people - and that is why as a society we ameliorate that.

    What about families who don't have a massive asset to live in? There is almost always someone worse off.
    Don't be so patronising. There a plenty of people who have just bought their first home and so on. It isn't any sort of an asset if you're plunged into negative equity.....
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    MontyMonty Posts: 346
    hunchman said:

    Monty said:

    tyson said:

    Monty said:

    We're currently remortgaging and are seriously considering pulling out because of Brexit. I fear for the future.


    I think anyone undertaking any serious financial transaction pre Brexit must be plain stupid. And post Brexit, does it matter because we'll all be knackered. Still it is a price worth paying for......... I cannot even thing of one thing to say here.
    We'll wait and see. If as I suspect there is absolute financial pandemonium we will have to pull out. It's going to be a disastrous few years for Britain and Europe if we leave. LEAVERS are kidding themselves that everything will be ok with no plan and utter financial turmoil on the horizon.
    Keep carrying on with your ridiculous propaganda. It's been working oh so well so far! Norway and Switzerland do better than eurozone economies outside the EU. Just how do you explain that?
    Er. Of course we will pull out of remortgaging if Brexit happens. Us and thousands of others. Hardly propaganda.
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    CornishBlueCornishBlue Posts: 840

    hunchman said:

    Monty said:

    tyson said:

    Monty said:

    We're currently remortgaging and are seriously considering pulling out because of Brexit. I fear for the future.


    I think anyone undertaking any serious financial transaction pre Brexit must be plain stupid. And post Brexit, does it matter because we'll all be knackered. Still it is a price worth paying for......... I cannot even thing of one thing to say here.
    We'll wait and see. If as I suspect there is absolute financial pandemonium we will have to pull out. It's going to be a disastrous few years for Britain and Europe if we leave. LEAVERS are kidding themselves that everything will be ok with no plan and utter financial turmoil on the horizon.
    Keep carrying on with your ridiculous propaganda. It's been working oh so well so far! Norway and Switzerland do better than eurozone economies outside the EU. Just how do you explain that?
    Yes lets follow the Swiss route to success , have the 2nd highest % of immigrants in the world . That will please the xenophobes
    Another case of not understanding causality - it's like the classic "the EU created peace" when actually it's "peace created the EU".

    Switzerland has many immigrants because it is a successful economy (and indeed, society).
This discussion has been closed.