[sjn]

Good luck with your pension then! If you call "someone" buying into the bounce with ~100M shares in BARC.L with 181.55 bid × ~40M volume while the ask price was 134.25 as recovering... There's some serious intervention going on at the moment. https://uk.finance.yahoo.com/echarts?s=BARC.L#symbol=BARC.L;range=1d

It's not "Scaremongering", any more than concern about Peak Oil. It's possible to hold a position on a subject with critical analysis, while maintaining a degree of emotional detachment. That said, I am upset for my wife, but I'm concerned about the consequences.

[sjn]

Gas, you've heard about Peak Oil, right?

[radon1]

It's not clear why all the fuss about potential economic problems for the UK. Switzerland has never been a part of the EU and is flourishing. The freedom of trade and investment will probably remain; the freedom of travel will probably remain too, they'll just won't accept immigrants under EU quotes; the free movement of labour may become an obstacle, however, but they can manage it on a bi-lateral basis. Budget transfers to the EU and EU regulations will be gone, but this does not look bad at all. Some sanctions may ensue, but who knows. Maybe there will be problems, but it is just not obvious why they have to be of a fundamental nature.

Overall, however, this is another step to isolationism and less globalism. Six||| of the world may rejoice, but over the longer-term, this means more trade conflicts, more borderline conflicts (like Donbass), slower development or regress, and fall in living standards. Another small step towards feudalisation.

[SeaGypsy]

There will always be despots. Hopefully the biggest are still small enough. One great despot? Or global mock democratic despotism? my purple banana & go back to your tree nicely thanks. People need to be able to f#ck off from evil government, this requires a multiplicity, until they run out of oil, then it requires a camel or a good pair of hikers.

[Newfie]

Any one hear how Hillary and Trump are reacting to this?

[Lore]

Looks like Scotland, which overwhelmingly voted to stay in the EU, is now looking towards another referendum on its independence from the UK.

Brexit: Nicola Sturgeon says second Scottish referendum 'highly likely'
http://www.theguardian.com/politics/liv ... -in-europe

[SeaGypsy]

Any one hear how Hillary and Trump are reacting to this?

Think tank cats have both their tongues, Mexican standoff.

[dolanbaker]

Any one hear how Hillary and Trump are reacting to this?

Think tank cats have both their tongues, Mexican standoff.

He's happy with the result.

http://www.bbc.co.uk/news/uk-scotland-g ... t-36606184
US presidential hopeful Donald Trump has said it is a "great thing" that the people of the UK have "taken back their country" in voting to leave the EU.

His comments came as he arrived at Trump Turnberry for the reopening of the refurbished Open venue golf resort.

Mr Trump added his name to the Ayrshire hotel and golf course after buying the resort for an undisclosed fee in 2014.

Comedian Simon Brodkin later disrupted Mr Trump's news conference by waving golf balls with a swastika on them.

[jedrider]

Is this England's conservative 'F U' backlash as we see with the Trump candidancy here? It was so nice not having to change currencies at every border crossing.

[AgentR11]

It's not clear why all the fuss about potential economic problems for the UK. Switzerland has never been a part of the EU and is flourishing.

The fuss is that the untangling of UK/EU regulation creates a lot of uncertainty in the midpoints. The end state is obvious enough, but it would be very easy to lose billions of dollars / pounds in the transition with the wrong decisions or the wrong sequencing.

Overall, however, this is another step to isolationism and less globalism. Six||| of the world may rejoice, but over the longer-term, this means more trade conflicts, more borderline conflicts (like Donbass), slower development or regress, and fall in living standards. Another small step towards feudalisation.

Donbass problem was largely created by a push on a "free-trade" concept. EU unwilling to take Russian interests and existing trade rules Rus/UA into consideration. Free trade is not a panacea to peace; it just moves the economic conflict into the currency market if not all are freely traded at true market price (and most are not).

In addition, "free trade" is not free trade, when trading rules are used as weapons of war to coerce policy changes from adversaries. So to a certain extent, the world has yet to experience free trade and globalism. We've only changed from one empire, to another, to yet another. The victims of those empires would not be so kind in their assessment.

[dolanbaker]

[Oneaboveall]

Let's be perfectly blunt here: the Brexit will never be implemented and the results of this referendum will be, for all practical intents and purposes, ignored.

[vtsnowedin]

The American stock markets are down and still falling at 1:00 P.M. the DOW was down 525 points to 17,480 and WTI oil is down 2.40 a barrel.

[WildRose]

The American stock markets are down and still falling at 1:00 P.M. the DOW was down 525 points to 17,480 and WTI oil is down 2.40 a barrel.

Will all be fine. People just get nervous.

[vtsnowedin]

The American stock markets are down and still falling at 1:00 P.M. the DOW was down 525 points to 17,480 and WTI oil is down 2.40 a barrel.

Will all be fine. People just get nervous.

Maybe? Maybe not. I wouldn't be surprised if certain players were trying to hold the losses to just 500 points but there is a limit to how much they can dump into the market before they run out of cash or their manipulations become obvious which would increase panic instead of reduce it.

[Cog]

I sort of screwed up by not having some money sitting in cash to take advantage of this buying opportunity. I won't make that mistake again. Many good bargains out there.

I noticed over at Democrat Underground and Huffington Post, their members are crying and moaning about the exit. I sort of figure if they hate it, it must be a good thing. Yes, I do keep track of what the evil left is thinking. Although I get a fair dose of it right here.

[careinke]

Looks like Scotland, which overwhelmingly voted to stay in the EU, is now looking towards another referendum on its independence from the UK.

Brexit: Nicola Sturgeon says second Scottish referendum 'highly likely'
http://www.theguardian.com/politics/liv ... -in-europe

I say go for it, the smaller governments we have, the better, during the upcoming great disruption.