Wazua
»
Investor
»
Economy
»
BREXIT None of our Business
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
Ericsson wrote:UK voted for what they saw as beneficial to their country. Majority of the media stations are focussing too much on t the negative aspects of how UK will suffer instead of looking at also the benefits they will derive like ability to chart their own policy without intereference, control of the number of immigrants BBC wrote: European Union leaders have warned that the UK must honour the principle of free movement of people if it wants to retain access to the single market after it leaves the bloc. European Council President Donald Tusk said the UK could not pick and choose. The French and German leaders also made clear that the freedom of movement of EU citizens was non-negotiable
In all honesty, Britain cannot survive without the EU and if you take off scotland it gets worse. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,452
|
Obi 1 Kanobi wrote:MaichBlack wrote:Among many unknowns we have...
1) Will there be another referendum?? NO
2) Who will pull the trigger and activate article 50 - officially indicating Britain wants to leave the EU. Cameron is out by Oct. Boris Johnson is expected to takeover as PM and activate article 50
3) How soon will this be done? Three months? Two years? Some Brexit proponents now claim they have up to four years!! Britain wants this in Oct witht he new PM. Europe wants it done immediately so give it 1-3 months timeline
4) Will there be pre negotiations before invoking article 50? EU already said No
5) Will the EU try to make an example of Britain or is it likely to be a friendly divorce? Would be counter-productive, they will par ways in an arms-length mature and professional manner
6) What model will Britain get? Common market? free movement? Most likely whatever Norway currently has for starters
7) Will Britain join the WTO?? It was a member of WTO through EU. 99% yes
8) When will they get the next Prime Minister. By Oct 2016
9) Who will be the next Prime Minister?? Boris Johnson, he midwifed the Brexit vote, he cannot run away from the PM post to be vacated by Cameron, if he refuses to take the position, his carear is over.
10) Will Scotland block BREXIT? No they have no way of doing that
11) Will Scotland leave the UK? No
Etc.
Not a nice environment to have you money tied up! There, no more unknowns I do believe the world of finance has factored in all this scenarios in the pricing of whatever is being traded. @Obi 1 Kanobi - Your assertions have started collapsing. Not only will Boris Johnson not be the next Prime Minister, he is not even vying. He just said so in a speech a few minutes ago. So you can strike off your answers to number 2 and 9. Now you understand why the above are unknowns!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,452
|
A number of people invested their careers backing Boris Johnson imagining/believing he will be the next Prime Minister. Now they are out in the cold. I said earlier that Boris Johnson didn't really believe in Brexit and took the leave side as a political fight with David Cameron and didn't even think Brexit would win!!! The silence since the Brexit win and now this proves this point!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,452
|
If there is a repeat referendum, Brexit would lose 70 - 30 to the stay campaign. Afro Sinema Continues Oh!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
|
Ati if you know English you are learned. What bull S*** the wazungus told us. How come they know so much English and did not see this coming
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,452
|
Breverse!!! Thousands march in London to protest EU exit! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,452
|
I wish these idiots who visit foreign capitals for "bench marking" on even how to collect garbage can visit London to see what peaceful protests are!!! The sight of people in a protest carrying children is a sight to behold!! In Nairobi/Kenya I can NOT dare go to within 300 metres of a "peaceful" demonstration by myself, let alone with a kid!!! If possible I avoid the general geographic area all together! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
Rank: Elder Joined: 8/16/2011 Posts: 2,296
|
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,452
|
Nigel Farage quits as the leader of UK Independence Party. Talk about captains abandoning the ship!!! Farage has been a pro Brexit long before the word was coined. Now, when you expect him to be at the fore front in the team negotiating the exit, he bails!!! Boris Johnson did the same!!! Farage though plans to see out his term in the European Parliament - after insulting everyone the last time he was there => "I know most of you have never held a real job before... or created a job..." Back to doing a "real" job???Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,452
|
Abandoning ship...Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,452
|
No Plan...Spineless...Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,452
|
MaichBlack wrote:A number of people invested their careers backing Boris Johnson imagining/believing he will be the next Prime Minister. Now they are out in the cold.
I said earlier that Boris Johnson didn't really believe in Brexit and took the leave side as a political fight with David Cameron and didn't even think Brexit would win!!!
The silence since the Brexit win and now this proves this point!!! Quote:Former Tory MP Ken Clark was caught on camera yesterday saying as much about Boris Johnson, saying: "I don't think either Andrea Leadsom [a candidate to lead the Conservatives] or Boris Johnson actually are in favour of leaving the European Union," said Clark to fellow guest and former conservative cabinet minister Sir Malcolm Rifkind.
And Rifkind did not disagree.
"Well I don't think they even cared very much either way," he responded. Link...Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,452
|
Swenani wrote:MaichBlack wrote:Swenani wrote:Can someone provide assurance that the GBP wont lose ground anymore to USD??
Schupid Britons! No one can. The situation in Britain is one no business or investment ever wants. UNPREDICTABILITY!! No one knows anything!!! Even investment bankers/advisors have written emails to their clients telling them their are pretty much on their own. When your investment banker/advisor tells you no one can predict what will happen next and the direction everything and anything will take, they are telling you pretty much ujipange!!! And in such cases kujipanga is to sell or sit on your hands if your were not holding anything - don't buy. Free advice, if you hold pounds or any pound denominated investments, ditch them ASAP!!! Yesterday,I had a running stomach,It closed at 1.31 against the dollar,Today it has recovered,currently at 1.33. I will stay put! @Swenani - Still holding pound denominated investments?? How do you sleep at night??? Brexit aftershocks!Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,452
|
streetwise wrote:Well well well. Did anyone fathom this mess ?????????????,
Especially the exit mongers. Did they actually have the end in mind
or they were just enjoying the ride during the campaign
Ama is a case of no pain no gain
Six property funds in Britain suspend trading - That is 50% of the property funds!!!You cannot withdraw your money!! Ni kubaya!!!Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
|
MaichBlack wrote:Swenani wrote:MaichBlack wrote:Swenani wrote:Can someone provide assurance that the GBP wont lose ground anymore to USD??
Schupid Britons! No one can. The situation in Britain is one no business or investment ever wants. UNPREDICTABILITY!! No one knows anything!!! Even investment bankers/advisors have written emails to their clients telling them their are pretty much on their own. When your investment banker/advisor tells you no one can predict what will happen next and the direction everything and anything will take, they are telling you pretty much ujipange!!! And in such cases kujipanga is to sell or sit on your hands if your were not holding anything - don't buy. Free advice, if you hold pounds or any pound denominated investments, ditch them ASAP!!! Yesterday,I had a running stomach,It closed at 1.31 against the dollar,Today it has recovered,currently at 1.33. I will stay put! @Swenani - Still holding pound denominated investments?? How do you sleep at night??? Brexit aftershocks! Patiently waiting for the new PM, Hopefully s/he call for elections, yesterday the rate was 1.29 I'm now psychological prepared for a low of 1.22 per some analysts prediction If Obiero did it, Who Am I?
|
|
Rank: User Joined: 1/20/2014 Posts: 3,528
|
Swenani wrote:MaichBlack wrote:Swenani wrote:MaichBlack wrote:Swenani wrote:Can someone provide assurance that the GBP wont lose ground anymore to USD??
Schupid Britons! No one can. The situation in Britain is one no business or investment ever wants. UNPREDICTABILITY!! No one knows anything!!! Even investment bankers/advisors have written emails to their clients telling them their are pretty much on their own. When your investment banker/advisor tells you no one can predict what will happen next and the direction everything and anything will take, they are telling you pretty much ujipange!!! And in such cases kujipanga is to sell or sit on your hands if your were not holding anything - don't buy. Free advice, if you hold pounds or any pound denominated investments, ditch them ASAP!!! Yesterday,I had a running stomach,It closed at 1.31 against the dollar,Today it has recovered,currently at 1.33. I will stay put! @Swenani - Still holding pound denominated investments?? How do you sleep at night??? Brexit aftershocks! Patiently waiting for the new PM, Hopefully s/he call for elections, yesterday the rate was 1.29 I'm now psychological prepared for a low of 1.22 per some analysts prediction Join us huko alternative investments Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,452
|
Swenani wrote:MaichBlack wrote:Swenani wrote:MaichBlack wrote:Swenani wrote:Can someone provide assurance that the GBP wont lose ground anymore to USD??
Schupid Britons! No one can. The situation in Britain is one no business or investment ever wants. UNPREDICTABILITY!! No one knows anything!!! Even investment bankers/advisors have written emails to their clients telling them their are pretty much on their own. When your investment banker/advisor tells you no one can predict what will happen next and the direction everything and anything will take, they are telling you pretty much ujipange!!! And in such cases kujipanga is to sell or sit on your hands if your were not holding anything - don't buy. Free advice, if you hold pounds or any pound denominated investments, ditch them ASAP!!! Yesterday,I had a running stomach,It closed at 1.31 against the dollar,Today it has recovered,currently at 1.33. I will stay put! @Swenani - Still holding pound denominated investments?? How do you sleep at night??? Brexit aftershocks! Patiently waiting for the new PM, Hopefully s/he call for elections, yesterday the rate was 1.29 I'm now psychological prepared for a low of 1.22 per some analysts prediction @Swenani - SHE!!! Michael Gove out!!! Theresa May most probably will be the next Prime Minister. Andrea Leadsom has a slim chance - if the "base" still believes in Brexit, she might have an advantage because she was a pro leave. Remember most of the Conservative Party were Pro Stay and hence the reason for Theresa May's big win at the parliamentary stage. No it is over to the Party membership. Let's see which side they swing. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,452
|
@Swenani - You will not like this joke/fact. Like in the 80s, Britain will have a female Prime Minister. The Pound is also back where it was in the 80s!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
Rank: Elder Joined: 8/16/2011 Posts: 2,296
|
Theresa May- Brexit is Brexit , no going back again to Egypt, will need their own Cannan!!!! That good news from a woman ready to midwife Britain on her own. When Britain become very rich they will not lose their riches to sitting ducks. They will control immigration from other European nations flooding UK and can try to balance equation may be by introducing a Green card system.
|
|
Rank: User Joined: 1/20/2014 Posts: 3,528
|
MaichBlack wrote:@Swenani - You will not like this joke/fact.
Like in the 80s, Britain will have a female Prime Minister. The Pound is also back where it was in the 80s!!! Lately he doesn't like any sentence with pound in it Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
|
|
Wazua
»
Investor
»
Economy
»
BREXIT None of our Business
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|