>the pound is crashing
>>79159637
Good. Fuck the UK. This is what happens when you pussy out.
>>79160852
this is absolutely nothing you stupid leaf. if anything, it is gread for britains exporting economy.
>>79161289
But Britain doesn't have an exporting industry.
In fact they have a trade deficit which and this drop makes imports more expensive.
>>79161289
>hyperinflation is great for the economy
>>79161289
This means every financial asset and all the Pounds britcucks have in the bank are worth less and less, you stupid medkit. Its horrible for everyone.
>>79161404
>trade deficit
And this is why they need to devalue their currency.
>tfw we had negative inflation
>tfw we needed to fix it
Looks like we found a fast solution.
World BTFO.
>economists should be taking notes
>>79161788
You went absolutely 100% retarded. They'll just pay more for their imports, thus making deficit even higher.
>>79161404
>this drop makes imports more expensive
this is exactly why countries who have an excess of imports need to devaluate their currency. greece, for exapmple, is in dire need of this but cannot do it as it is bound to the euro. with germany, it is the opposite direction, the currency is too cheap and therefore it outperformes every european country.
>>79161477
>>hyperinflation is great for the economy
learn the definition of hyperinflation before you go on posting
>>79161404
Yeah imports get more expensive. It means rich cunts have to pay out now. It also means less gainzzzzz on the markets, forcing the 1% to invest in production or gtfo.
>>79161870
I don't get why the Eurocucks want a strong currency when their entire project revolves around massive debt and spending.
>>79159637
>crashing
yeah hmm... i'm not so sure.
>>79161477
Temporary mane, soon as those EU overlords are gone, we'll be free.
Worst case scenario is that we'll have a mild recession until we leave. Its like suffering a mild headache to be cured of terminal cancer.
>>79161948
may i add, devaluation the currency makes it more profitable to product in your own country. italy, for example had a history of deliberately devaluating the lira, as the wages were rising too fast and the lira got too expensive to be competitive
>>79161788
israel gets it
dont let yourself get fooled by the establishment media
>>79161477
>pound dropping from 1,50 to 1,35 is now considered hyperinflation
>>79162218
I always hear that from brexit shills. Yet all the real world indicators point to the opposite conclusion.
>>79162390
>real world indicators
Such as?
>>79162390
What real world indicators? A 5 day completely expectable and relatively stable devaluation?
>>79161477
>hyperinflation
>>79159637
...with no survivors
it is also funny, for the reasons i already mentioned, every currency is trying to devaluate for years now; some call it a financial war, as it is an aggressive move against competing markets
britain gets this served on a silver platter right now, and the media proclaims apocalypse
it is seriously hillarious how bad this propaganda media works
>>79162438
>>79162439
Rating agencies are lowering your Credit score.
Investors starting to loose trust.
Tax raises announced.
Political system in shambles. No leadership atm. Boris is hiding.
The "plan" of the leave camp to now start informal talks and cut a beneficial deal failed.
Contrary to what /pol/ claimed it was actually the leave Camp lying about having a Plan and the supposed benefits of leaving. Most of what remain said occured on the other hand.
>>79162878
Who cares? All that was going to happen anyway. At least now people can actually be forced to think about facing the future before any changes have been made and before it gets entirely out of control.
>>79162390
The EU has no real economic growth, or very little if any.
>>79162980
Wat. How on earth was this bound to happen?
>>79163009
Better than having a shrinking economy i guess. But sure rising taxes will lead to better circumstances for investors my dude.
>>79159637
With their trade deficit, i bet the rate settles in the upper $1.30s. The real interesting trend will be pound/euro. For the eu's sake, the euro needs to stay stronger than it was prebrexit. Any indications of weekness means others will see the uk coming out ok and trying to leave themselves.
>>79162878
>Rating agencies are lowering your Credit score.
you are citing the agencies that gave the subprime credits triple a ratings till the end. i could talk about your other bullshit but i don´t feel like spending any more energy on your eu shilling
>>79162878
You Germans are so obsessed with the EU. Why do you care? You have twenty-whatever other countries you can still push around, and you can enjoy the company of all those new Muslims neighbors you have. So the UK decided to be a democracy again and stop giving all their money to Greece. Doesn't stop you from doing it, go right ahead, have fun.
>>79163223
Yeah Rating agencies are toxic big news fella. Their rating still decides how cheap you get credits. Cut the idealistic bullshit and accept the reality.
>>79163147
>Wat. How on earth was this bound to happen?
Because the entire EU is fucked financially, politically, and economically. Do you want to sit around with your thumb up your ass and pretend it's not happening just because a comparison of currency A vs. currency B isn't making big scary charts, ratings agencies, and jew bankers aren't throwing fits about their global communism?
>>79163305
>Its another Muh democracy ebil german 4th reich episode
Care to actually comment on the real world situation and not spewing idealistic bullshit?
>>79162878
>Rating agencies
>real world indicators
If you truly believe there isn't any politics involved in those ratings, you're absolutely delusional. Greece was AA for most of 2011 for fuck's sake.
>>79163406
>jew Bankers
Oh okay. So i don't have to waste the effort of offering real arguments.
K.
>WE WUZ KINGS
>KEK KEK KEK
>LELEL WHITE GENOCIDAL
> CAN'T BARRAGE THE FARAGE
>>79163505
>Achmed can't refute the argument that the EU is a tyrannical undemocratic state who's brought in millions of unneeded and unwanted Muslim "refugees"
Truth hurts, buddy.
>>79163505
>comment on the real world situation and not spewing idealistic bullshit
the subprime credits were worthless, asshead. everyone who bought into it lost everything. and here you are, talking about real world, and how moody&poor ratings represent reality. how retarded can one individual be? i seriously hope you get money for your posts
>>79163505
Yeah you're right, there aren't tons of Muslims there, the ones I saw when I visited last year were just Germans dressed up for fun. And the Greek economy is doing awesome. I should just accept these realities.
>>79163522
Still they decide how cheap your credits are. A moral argument isn't going to change that.
>>79163522
Ratings agencies get paid to rate things according to political needs. They're about as valid as when the terror level goes from mauve to beige.
>>79159637
Literally who gives a fuck. They'll all laugh at us for a few years, just like they did when we refused to join the euro and pointed out it was a bad idea.
We'll see who's laughing when Italy and Spain need bailing out and all the dumb things that the UK was obstructing, like mandatory refugee quotas, get rammed through
>>79163656
There is no true democracy. The EU is democratic on paper as is the USA and the UK.
>>79159637
hopefully the iron jew walks into the UK and introduces them to the American Dollar. that way they will be our bitches
>>79159637
It was all over by Tea time, now that is a British crisis.
>>79159637
>>79163711
Look at how the Obama administration twisted the arm of the credit agency after operation twist and QE, when standard and poors threatened to down grade US credit. Don't fucken tell people it's not political it very much is.
>>79163633
>>79163505
Isn't it funny that all the Germans I've seen are all defending their precious EU?
It's like they know as soon as other places start to leave it'll be a snowball effect and soon it will just be Germany Merkeljerking by themselves.
>>79162878
shows you how dumb the agencies are, if there was an AAAA rating, then the UK would get the AAAA rating as the sovereign issuer of the GBP (with the ability to pay any debt denominated in said currency)
>>79163859
That train then crashed into the wall and blew up. I would rather have a bruise than death.
>>79163711
https://en.wikipedia.org/wiki/United_States_federal_government_credit-rating_downgrades Heres the wiki you fucken retard. Read on how the Obama administration went after S&P, fucken Cuck.
>tfw britain is large enough that the globalist jews wont fuck their economy up to make an example of them for other countries that might follow suit since they're greedy and don't want to lose any shekels
>>79162878
You better hope your leaders find a way to calm down the rest of the eurozone countries. Threatening them works only for so long and that german trade surplus is the first thing to go once countries start leaving. Even worse for you are your banks, which won't have the luxury to redestribute bad loans across the continent when contagion happens. Have fun bailing those out as well.
EUbots out of force in this thread
>>79161289
> devaluation of currency is good for exporting
When will this meme end?
>>79163859
Yes goy, focus on the small details..
>>79163962
THE CREDIT RATING OF THE FEDERAL RESERVE WAS JUST DROPPED TO A ABCD MINUS
>yo bob, do you think you could lend us some more money?
>hey bill, I was just thinking we really need to lend some more money
>>79163656
>t. whites aren't going to be the majority Group in my country in 2050 and my government isn't in any way undemocratic and bought by the high finance
>>79163659
All fine Dandy and true. A countries Credit rating still decides to which condition they get money. Even if that rating isn't justified.
>>79163698
Yeah right. When i was in murica all the hispanics and blackies where only whites in disguise. I mean affirmative Action isn't cucking whites in the US of A.
>>79163884
Never claimed that.
>>79163962
I never claimed that you mong. With that logic also Zimbabwe should have AAA cause they have their own currency.
>>79164051
>GB has the same means to do that as the US
>Its 1890
I get paid in USD, does this mean I will hypothetically earn more?
>>79159637
youre so full of shit or youre a dumb cunt, the pound aint crashing.. its booming...
>>79163800
>It was all over by Tea time, now that is a British crisis.
i love british descriptions
>>79163932
btw, i am german. it is sad to see so many are very much open to manipulation. they literally tell germans that it is racist to criticize the euro. there is no fucking connection whatsoever, but if you drop the word right-wing or racist, most germans become unable to think and do whatever they are told
>Not seeing this is the end of europe and globalism
>Not seeing everything will go to shit for everyone very soon
>>79159637
Imagine what will happen when they actually leave.
>>79164246
dude just stop commenting man you arent even going into any of the arguments
>>79159637
I have no fucking idea why the Brits are complaining about this. At least they get independence and never had to use the common currency (euro)
Pic very fucking related. If you really wanna see a "crashed currency" look at the one we have to use
Wexit when?
>>79164671
Forgot the fucking pic...
>>79164637
>my Echo chamber isn't working
>leave please
>>79159637
>It's going up
REEEEEEEEE PAY DAY COME QUICK NAO I WANT MY MONEES IN USD
>>79162878
>ratings agencies
>resting your trust on biased suggestions
Good goy, do not learn to how to value things independently we'll do that for you.
>>79164728
Fuck off kutmof.
>>79164580
Putin will declare the entire Eurasian continent to be Greater Russia, and the vast network of underground tunnels will be activated. Your electricity will go out as power is diverted to the turbines that will use immense vacuum pressure to suck everybody down into the secret gulags, and you will be marked with the beast as the financial structure as we know it becomes irrelevant.
>1.3 to 1.5 is magnified to look like a huge chasm for effect
oy vey
>>79163711
All the salt from Germany
Hurt us and hurt yourself
Your country will never repair all the damage our brexit has done to your EUSSR enjoy a decade of referendums and bailouts and migrants and watch how you shit on us while you suck off Turkey and go give them €7.2 bn
>>79159637
brexit chaos ever
>>79161477
>hyperinflation
A FUCKING LEAF!
>>79164886
>>79164891
fixed
>>79161477
>hyperinflation
>>79165111
How will the brits ever come back from this???
>>79159637
https://finance.yahoo.com/echarts?s=^FTSE+Interactive#{%22range%22:%225d%22,%22allowChartStacking%22:true}
>>79165251
https://finance.yahoo.com/echarts?s=^FTSE+Interactive#{%22range%22:%225y%22,%22allowChartStacking%22:true}
>>79164246
>Germany
>Talking shit about any other country
Don't you have your own economic collapse to worry about? Not to even mention all the muslims running around raping and attacking your women, children and country men. Take care of your own shit, then come back and start shitting on America, Britain and whoever else.
>>79159637
You remember China last August right?
Sheeple have these ractions
>>79165251
>>79165281
Notice how the Remain camp is switching to its only fact-based tactics: call people racist and blame everything racist on the Brexit, regardless of it involves them or if it's even racist.
>>79165251
>>79165281
Fuck reality, all media in the EU will pretend it's the worst that ever happened to a country ever and that there is no turning back.
>>79162390
Poo-in-loo here. Even our shit-tier economists (who fortunately, ARE trained to use the loo) are saying that the Brexit worked out fine. And we hate the Brits.
Try harder, Fritsch. Real world indicators show the EU is fucked. Not the brits.
Based Putin smiles in anticipation at your stupidity.
>>79161477
>hyperinflation
>tiny 15 cent drop
kek, fucking leaf. no wonder your economy is fucked.
>>79161404
They will start exporting once they leave the common fisheries thing of the EU.
>>79164793
Cause the institutions that grant credits to countries are totally unaffected by the rating agencies. These Ratings have effects. It doesn't matter if they are politically influenced and not completly
based on facts.
>>79164836
Speak english weedboy.
>>79164916
>implying i am butthurt about the brexit
I am delighted you actually did it. Anglos are vile people. That you fuck yourself over now fills me with joy.
>>79165447
Liberal shills refuse to accept truth. EVER.
I will enjoy the butthurt the foreign liberal media will have once God-Emperor Trump wins. You guys are aware there's a shrine to that guy here? We even cleaned the damn streets around it.
>>79164728
>echo chamber isnt working
You know, you use that argument just as hard to validate your opinions? People told you credit ratings dont mean shit but you're just like "uhh but look at REALITY like COME ON U GET CREDIT N SHIT"
>>79165229
by waiting some time?
>>79165513
Ok.
>>79165340
Cause america has no problem with race and rape whatsoever. Also funny how its suddenly the german economy thats collapsing.
>>79165679
Every single post after >>79163505 is you being butthurt.
Come on, Fritsch. Have you fallen that far?
>>79165418
>>79165447
Liberal """""intellectuals""""" will barf the worst kind of vomit and still try to sell it as if it were caviar. European medias are cucked beyond repair and it's all their fault for cucking themselves creating petty namecalling trends accusing each other, like the raycis calling and muh islamophobia.
>>79165229
By making FTA's with it's commonwealth friends you idiot.
>>79159637
>judging economic consequences of Brexit less than a week after it happened
kek
K E K
E
K
>>79164671
>>79164723
Comparing the equivalent of currencies without any purchasing power measure in the respective country it's useless.
>>79166182
He's using canadian economics. Don't bother with facts.
GBP to EUR
>>79165767
Okay. Are you unable to see that its harder for a country to get money with a Bad rating ? These Ratings have a real world effect. If you don't get a loan from the Bank you can sperg all you want but you still don't get money.
You all try to frame it as if i am shilling for standard and poor. I am not but you have to admit they are influential and Britain doesn't have the influence to just force them like the US.
>>79165877
First of all its Fritz.
Also its funny how you all get butthurt when someone uses your meme arguments and ad hominems against you.
>>79166285
GBP to USD
>>79161404
Most of our imports are from you Fritz, we are already buying less German stuff as we speak. Enjoy your reduction in exports to Bongland, and soon you will pay for everything in the EU.
Set your alarm clock for January 2017 when we declare article 50 and then bleed you for another 2 years before finally quitting.
>>79165679
>muh credit ratings
The BBC has actually done a reasonable assessment of what Brexit has done to the economy, on credit ratings they say:
>So given the evidence so far, the interest paid on gilts (UK government bonds) will fall, saving the government money, although it is also likely that inflation will rise, which will increase the amount the government has to pay on loans linked to the inflation rate.
If you want to read more:
http://www.bbc.co.uk/news/uk-politics-eu-referendum-36661918
tldr:
>Its too early to assess what Brexit has done to the economy
Which is pretty much what everyone that isn't a moron has been saying since the result came in.
>globalist kikes cry about Brexit crashing the world economy with no survivors
>everything is back to normal a week later
And so ends the EU. Now that it's proven that leaving is not the end of the world, it's going to be a stampede out the door.
>>79161753
m8 I went into gold weeks ago when kek told me Brexit would happen. Stay mad.
>>79165944
> Sees image
Holy fuck, tell me that's fake.
>>79159637
>invest thousands after crash into the pound
>may eventually double my investment within a years time
You guys got nowhere to go but up, good luck best ally.
>>79166308
>Okay. Are you unable to see that its harder for a country to get money with a Bad rating ? These Ratings have a real world effect. If you don't get a loan from the Bank you can sperg all you want but you still don't get money.
But they dont want any help from the merchant banks, did you even listen to any of farage/johnson speeches?
>>79166401
You know Britain hasn't actually left yet, right? It hasn't even committed to leaving.
And the pound is not back to normal by a long shot.
>>79161404
Actually we do have an exporting industry of high level and precision materials and equipment neccesary for manufacturing and components.
For example, there are specific lubricants that German industry needs that we sell to you.
>>79166308
> Says you all get butthurt
> Not even remotely mad
Kek, at least try to find a defense for being butthurt, Fritz. Happy with the spelling now?
>>79161404
And who do you think is going to suffer when we stop buying your products because they're too expensive
>econ student here
>mfw /pol/lacks who just read a book about monetary policy now think they know FX
>>79166308
>Are you unable to see that its harder for a country to get money with a Bad rating ?
The fuck? Rating agencies just tell lenders what the risk of lending is, the higher the risk the more interest you pay. Provided you stay above "junk bond" status you aren't going to have an issue getting credit (and even then there are ways around it, like having bonds issued in the US to ensure they're payed back). All that's happened on the down grade (from the highest to the second highest) is the interest on gilts will go up.
>>79165340
Fucking nigger talks about countrys.
If we need the expertice on how to steal a bike we come back to you tyron.
Go and fix detroit.
>>79166581
>there are specific lubricants that German industry needs that we sell to you
i have a feeling germany may need quit a lot of lubricants to bend over to the hordes they invited
>>79166685
Protip: if you're starving because you're too poor to afford bread, it's not the baker who's suffering.
>>79165418
Notice how brexit camp was not fullfiling even one promis.
England is not even out the eu.
Still has to pay.
Brakes all promisses.
>>79161904
Heard of elasticity of demand?
>>79161404
Name me one thing that the UK can't get from a non EU country.
>>79165513
This.
Let's not forget that exports aren't even the major cash cow of U.K. It's a services oriented economy, and the U.K. has been doing that far longer than anyone else in the EU.
EU will crumble.
>There are people here that aren't buy thousands of dollars worth of pounds, to cash out when it goes back up
>>79166954
Syrians.
oh and PS
Australia devalued it's currency on purpose over the last 18 months, it's been good for the economy
>>79166887
It hasn't even been a week you stupid kike.
They've already said that the new government will be the one to begin the divorce proceedings.
>>79166887
> That spelling
Middle eastern heritage confirmed. Hello, Ismail. Had your quote of rape of the west today already?
>money is worth more than sovereignty and honor
>something countless have died to defend
>something people were literally forced to die in order to defend
>>79166887
Shouldnt you be busy bailing out Deutsche Bank?
Sos has it in its sights and he will eliminate it soon.
Then he will lend your government so you can pay immigrants.
>>79166788
I'd live in the worst part of Detroit over cologne right now, I have a long time friend who grew up there, he is flabbergasted by how bad it is now.
>>79165876
How long do you think your country's economy can support all the muslims your pouring in by the thousands?
>>79166999
pointless.
The margins are too small.
And if you want to make a large profit you have to tie up large amounts of money in pounds for who knows how long.
Speculating on currency is a waste of time.
>>79167258
>How long do you think your country's economy can support all the muslims your pouring in by the thousands?
Dude, all those lawyers and doctors are going to double the GDP. Germany will be on easy street. They'll probably have to bail out the PIIGS just to keep from having too strong a currency.
>>79167328
How could I be so blind.
>>79165540
>tiny 15 cent drop
>in one week
ok nigger
>>79167279
You make $150 per $1000 you spend
I reckon that is a pretty good margin, certainly more than most blue chips
>>79163223
even if your conspiracy theory-tier faggotry was true, it doesnt change the reality that drops in credit ratings are seriously damaging.
in fact the whole reason your subprime example is a problem is because people consider said ratings to be gospel.
>>79167001
>>79167590
Over what period of time?
>>79167590
Wait no, it's more double that, you make $385USD profit per $1000 you spend
If I did my math right
Current USD/GBP is 1.3
Let's say you spend 1000 USD, so that gives you about 770 GPB
If the rate goes up to 1.5, then you sell your GPB, for $1155, getting 385 in profit
Obviously there is merchant, and Jewish agency fees to consider, but still a pretty big profit
>>79167822
Oh yeah good point, I didn't think about how most blue chips, you can cash in over a day
>>79167869
1155 - 1000 = 385
You're going to have to explain that one to me.
The problem is not so much that.
It's that now you're stuck with pounds that you can't sell until it goes back up, and if the UK actually does leave, it might take years for it to go back.
>>79167869
>if
>>79168051
i done goofed, I was right the first time
I only realised after i clicked enter
>>79163505
Sure. Germany has single handedly turned the EU from a mostly working partnership of nations into a hegemonic neoliberal budding-superstate within <10 years after taking charge of the project.
Your leaders have ruined the EU, with your euro and your autism, and now it's all fucked, Brits are leaving, we're going too, prob Spain and Italy next, good day to you Sir.
>>79167917
Of course you have the same problem with all kinds of speculation.
Don't listen to me. I'm too risk averse.
It's probably why I'm not speculating on land value like some of my family.
Which is arguably even worse than the pound since the value on that takes even longer to go up, and you can have sudden decrease in value due to stupid shit.
>>79164206
It's not a meme. Read a book or two.
>>79168113
This. Which is pretty sad, desu.
Trust the Germans to fuck up Europe AGAIN.
> Destroyed the Roman Empire (all thanks to multiculturalism even then).
> Useless "Holy" "Roman" "Empire" turning Middle Ages Europe into shit.
> Will the Kaiser messed up by supporting nigger tier Hapsburgs.
> World War 2 ended up turning mainland Euros into massive white-guilted cucks.
Really, I don't get why they're still around.
>>79168515
> I don't get why there are still around.
Ok INDIA. Pretty rich apart from your mong tier understanding of european history.
>>79159637
i actually made 50 dollars on 1 gdp transactiom because of a refund
lmao
>>79168602
> He mad
> Mong tier understanding
Pretty sure Odoacer, Alaric, and every other German chieftain are your predecessors.
Pretty sure that after the Carolingians, most of the incompetence in the Holy Roman Empire was thanks to you idiots - all the little Germanies.
Pretty sure that the Kaiser wrote a poorly-worded and poorly-interpreted letter to the Hapsburg monarchs, encouraging them to start the shit that led to World War One.
Pretty sure one autistic Austrian clown also came to you and used your own gullible idiots to stage his takeover. Then failed to do what he started in a spectacularly moronic fashion, even with a servile nation under him.
Try harder, Fritz.
>>79169123
Wew, our Pariah has gotten salty.
Don't you ever disrespect a white-skinned German ever again. You have to admire him and praise him.
>>79161477
A fucking leaf saying ANYTHING about inflation. Hows your west coast Chinese owned mirrion dorrar crackhouse? How about ur future unlimited Mexican immigration?
>>79168113
>hurr durr what is economic crisis
>hurr durr what are housing bubbles
>HURR DURR HERMANS DID THIS, GERMANS DURRRRRRR
get fucked
Pound back up on 1.35
>>79169123
Nicely done.
>>79169698
Wow you really showed me.
>>79170226
A fall in sterling's value does not create hyperinflation. Sterling was massively overvalued anyway. This fall is more like a minor adjustment that will aid British exports.
What is hard to understand about this?
>GBPEUR up for a second day at +1.10%
EUnuchs btfo. how long until the next domino falls?
>>79161788
What? That only works if you major export. Fucking israel
britbongs are retarded apes
>>79174539
says the poorest country in Europe
>>79175134
t. retarded ape
>>79161289
What do Brits even export?
>>79177786
Malt vinegar, condoms, cheeky food, swanky cars, and engines for Donald Trump's 757.
Not entirely sure what else, but we're not as yet the kind of export market we could be.
>>79167001
