Found this on Tumblr
What's it mean?
>>61671538
Delusion.
>>61671538
It means that politics are being ruled by fearmongering and fingerpointing. It's like religion for atheists.
>>61671538
Markets are volatile.
Most of them bet on the non-application of article 50.
>>61671538
>What's it mean?
Markets are now convinced no UK politician has the balls to actually lead the exit, so nothing will happen.
>>61671633
>Most of them bet on the non-application of article 50.
How long does Britain have to organize it's exit? When do they have to announce article 50?
>>61671633
>>61671679
they'd be a laughing stock if they don't go through the exit. plus the LEAVE supporters would be furious
>>61671687
EU: Yesterday.
UK: Maybeeeee, just maybe, we'll not do it at all.
EU: Fuck off.
>>61671538
>Found this on Tumblr
>What's it mean?
If you believe it without sourcing it it means you've suffered a severe head injury.
Pic is from XE
>>61671687
They're not obliged to put article 50 in process. The EU will want them to do it as soon as possible, but after the next elections we'll see if their new government announces whether or not they'll do it.
In the meantime they're completely screwing us over, because we can't work on a stronger EU while they're still hanging on.
>>61671769
>In the meantime they're completely screwing us over, because we can't work on a stronger EU while they're still hanging on.
and thats actually a good thing
>>61671687
Britain wants to have maximum dealy, ie 2 years.
EU wants the minimum, which is 8 months I believe.
Remember that this is a bet. It's very likely to fluctuate depending on British autis... er, I mean politics.
>>61671754
We voted 'no' to the 2005 referendum on the EU constitution by about 60%. We still got it a few years later, and apart from the far-right and the far-left, nobody is pissed for that and most people forgot.
>>61671809
>>61671769
>because we can't work on a stronger EU while they're still hanging on.
Isn't this a good time to reform the EU?
Maybe eliminate the political end and focus on economic union?
>>61671809
fuck off
>>61671754
They're already a laughingstock. That's why the markets have gone back up.
Serious question: who's up now that Boris and Farage have run away?
>>61671890
People definitely want to reform it, but have different ideas on how to do that.
It will definitely be in a way in which the EU holds more power.
My country and Britain are the ones who promote free trade and oppose too much political influence, Germany and France will make the restrictions stronger and give the EU more power.
Against the will of the French people, that is.
>>61671633
nonsense, but the smart money is pouring into London from the Eurozone.
If you thought we crashed the union with no survivors wait and see what the impending collapse of Deutsh Bank is going to look like :^)
>>61671887
and? whats you point, because i am totally fine with that pic
>>61671922
you shouldnt accept euro you moron
>>61671992
If so then you're retarded
>>61671687
Read Article 50 here:
http://www.lisbon-treaty.org/wcm/the-lisbon-treaty/treaty-on-European-union-and-comments/title-6-final-provisions/137-article-50.html
The short answer to your question is that it's incredibly vague, and they're going to make it up as they go along.
The long answer is that it was never meant to be used this way- announcing your intent to leave without any discussion of what that would entail beforehand. The EU could take Cameron's promise to respect the referendum as 'notification', but they probably won't.
Article 50 is the equivalent of giving your boss two weeks' notice of your intent to leave. Since the UK has already made its intent clear, the EU understandably wants official notice ASAP, but they won't force the issue before a PM is in place to negotiate it. At that point, Britain will have 2 years to get its affairs in order and offer a severance plan. Any extension has to be approved unanimously.
>>61671890
It always amaze me that people think you can actually pursue any kind of economic goals without political unity. Like, where do you think the authority to enact economic policies comes from ?
>>61672015
Goed argument, dwaas.
>>61671979
>what the impending collapse of Deutsh Bank is going to look like
Is that a real possibility? How dangerous would it be for Europe?
>>61671769
like a tumour on your leg
but i hope we dont trigger it 2bh better together and that
>>61671890
It is a good time to reform the EU on what it was supposed to be :
The decorum :
>solidarity between peoples
>cultural appreciation (Erasmus, twinned towns, etc)
The concrete part :
>Shared regulation
>Free Market area
>Social Economy
Last part is very important, it's the reason Poland & all get so much Euromonies. I heard Junker himself explaining that it was time to implement more social democracy and less neoliberalism in the EU.
But then again, I don't really trust him.
>>61671979
M8 do you know how badly the City will fare without passporting of financial services?
>>61671754
british civil war when
>>61672050
>Is that a real possibility?
No. Not unless the BCE collapses first.
>>61672015
keep one thing in mind. poles owe you or any other western country nothing, absolutely nothing.
>>61672050
they're in a bad state. failed stress tests for their US subsidiaries and are sitting on something like 30 trillion USD of junk assets from pre '08.
It would look very, very, very bad. Not just for the EZ. They are basically indistinguishable from the German state and industry at this point. Google it and you'll find some articles on it.
>>61671979
Enjoy those tariffs on your exports kek
>>61671538
It means the stock markets have gone back to being hugely overvalued and will crash at a later date rather than now.
>>61672112
Keep one thing in mind, you have no independent economy. A common market collapse means you're back to farming.
>>61672085
just fine, some operations will move what, 20-30% of their jobs "on-shore" so to speak? you realise London isn't going to disappear overnight, right?
>>61672124
not going to happen. I'll be surprised if it does ^^ the finance barriers look likely though.
>>61671890
What do people think the political end of the EU is?
>>61672039
Haha, wat is dit nou. Random reactie.
>>61672112
You owe Prussia to Germany, gib clay
>>61672080
The problem is that the Eastern Euros are a bunch of ingrateful cunts.
Solidarity doesn't work if it's a one sided third world development project for literal subhumans.
>>61672184
>just fine, some operations will move what, 20-30% of their jobs "on-shore" so to speak
A contraction that large is not 'just fine'. It's an enormous blow.
>>61671633
We had a referendum that said basically fuck off EU and our rules never applied it
I think brits got scared enough to do the same thing than us
>>61672165
>no independent economy.
no one has. if the shit hits the fan we would survice better that the west. look what happened in 08-09. we were in no crisis when the whole europe was in the red.
>>61671886
>We voted 'no' to the 2005 referendum on the EU constitution by about 60%.
that's not the same
>>61672243
>You owe Prussia to Germany, gib clay
they can try to take it back.
It means indices aren't a holistic economic picture, but people want vindication for their decisions.
I mean rulers
Basically nothing happened, UK got attention during 3 days
>>61671538
It means UK is too big to fail. It shows the EU was lying.
>>61672361
They easily could in a 1v1 fight, how can you be so delusional haha
>>61672243
>Solidarity doesn't work if it's a one sided third world development project for literal subhumans.
It pays off in the end. It's also a way to achieve peace, as was the original project after all.
I like EE. I don't want it to be a devastated land devoid of people.
>>61672408
I hope it does pay off.
Greece proved completely incapable of handling the wealth the EU brought them.
They've only become more opposed to the EU with each bailout.
>>61672401
are you fucking kidding. do you know that 25% of their privates are immigrants? as far as i remember poland never lost in 1vs1 war
UK stock market is down 5% since Brexit in USD terms (see ticker EWU). It's only "up" in increasingly worthless GBP.
>>61672327
What I meant is that you rely on foreign businesses. If you cut them off, or if you make yourself not competitive by getting your exports taxed to shit you got nothing, whereas the countries that actually host the businesses that feed you would get all that back.
You guys in the east should get a grip on reality and realize that you're still exploitation central.
>>61671886
Actually you're one of the most eurosceptic countries in Europe, and quite possibly one of the next to leave. As in Britain, real French people live outside the major cities and are disenfranchised.
>>61672508
this
>>61672401
Germany's army is fucking shit m8. The poles would wreck them.
Course it's not like they'd be able to retain the land they conquer, because 1v1 is not a thing ever.
Am I only the one person here, who don't give a shit about brexit? Journalists like "EU is over", but it is not true, isn't it?
>>61672560
Yes, we are Eurosceptic, but not about 2005. We're also more about "reform EU" than "abolish EU!!!"
>>61672532
>What I meant is that you rely on foreign businesses.
and the foreign businesses relies on us. an outsourcing is not a charity. companies to that to keep competiveness.
>You guys in the east should get a grip on reality
oh we are very down to earth. we take free money and shit on refugees.
>>61672669
Of course not. Fearmongering and fingerpointing empowers the leftist masses and it's apparently working.
>>61672485
Oh wow those people are gonna die for their country alright.
Oh btw we are gonna be hitting recession soon since we elected retards who still think Balcerowicz was the devil incarnate.
>>61672669
>Journalists like "EU is over", but it is not true, isn't it?
first of all you are right its not over even if gb exits. i seriously doubt it happens tho. they guy who organized it is in charge right know and he does not want to initiate the procedure. guess why?
>>61672786
>those people
fuck off scum
>>61672485
>>61672614
They have 1.5 times as many active military personnel, 1.5 times as many attack helicopters, 1.5 times as many fighter aircraft, 5 times as many frigates.
They have twice Polands population.
You're delusional. You don't even have proper roads, you can't project power across the German border you silly.
>>61672669
It's a big blow to the EU, because it is an example to others who might want out.
It's good for Russia, though. More trade, less power for the people behind the sanctions.
>>61672748
>foreign businesses relies on us
Wrong. There's the whole of Asia and Africa that can easily outdo you in the outsourcing department if you don't have access to the EU market. You're already not quite that competitive anymore, but the EU is waking up to the dangers of deindustrialization so that keeps you relevant.
>>61672508
>increasingly worthless
lol
>>61672863
>he still thinks it's about dying for your country
Oh wow Warsaw Uprising was such as success. It's all about actually being victorious.
>>61672485
>shitholes most willing to die for their corrupt overlords
Nothing new here
>>61672748
>he foreign businesses relies on us
so what exactly can be found in Poland that can't be found in a non-eastern European country such as Germany as a humble example?
>>61672508
Dollar/pound parity when?
>>61672942
Cheap labor, presumably
>>61672824
We know for sure that the decision to invoke article 50 will be pushed back to next year at least. I bet that it will keep getting pushed back and at some point we'll have a vote on the terms of the deal with the EU, whether through another referendum or election. At that point people will realise that we'll be getting an objectively more shit deal than just staying in the EU and the whole thing will be called off.
>>61672873
German readiness is basically inexistent. No point in having more helicopters when they're broken and have no fuel.
Also Germany already built the roads for the poles, that's where the EU money went.
>>61672970
never. euro/pound has nearly happened a few times in the past though.
>>61672942
cheap workforce probably
don't reply to this neolibtard
>>61671764
your pic is the USD/GBP exchange rate while the other one is the stock market you illiterate
>>61673000
>Italy talks about warfare
LOL
>>61673047
>ad hominem
kys
>>61671764
Literally just search FTSE 100 on google.
>>61673000
Can you substantiate those claims by providing a reliable source saying that Germany's helicopters are in fact not combat ready?
>>61673084
Dunno about helis but they've been having problems with their jet fleet.
http://www.bbc.com/news/world-europe-34983396
>>61672873
>1.5 times
actually they have 180k of active personel.we have 120k. they have 710 to our 430 aircrafts. but we have over 1k tanks and they have only 400. i thing we are quite a match.
>>61673074
>>61671764
Also; The sources are at the bottom.
>>61673084
I can't be bothered. To much effort for an internet argument.
Someone else ninja'ed my already anyway, that's good enough for the argument.
>>61672981
>At that point people will realise that we'll be getting an objectively more shit deal than just staying in the EU and the whole thing will be called off.
this bong knows whats going on. too many interests involved. it turned out no one wanted it after all. BG could lose everything - scotland included. no one wants to be the undertaker of his own state.
>>61671943
Fucking farage
American pol tards Jack off to him because "he's not afraid to say the truth" and now that bitch up and left he did.
We're doomed, left to right.
>>61673148
The problem is that our tanks are still outdated Russkie shit with modern paintjob.
>>61673148
You do realize that most of our tanks are their old Leopards sold to us at bargain price, right?
Besides, any talk about German army in its present state is pointless, in case of real conflict they could easily mobilise their robust industry to produce whatever they need to defeat us.
>>61673047
>poland
>>61673270
>BG could lose everything
Dont scare me like that m8.
>>61673000
>German readiness is basically inexistent.
Of course. Germany doesn't have a sphere of influence to protect in the world and no real reason to fear any of their neighbours.
If they had reasons to fear Poland, they would be much more ready.
>>61673313
actually they are mostly german made given for free you reterd
>>61671538
>What's it mean?
>GBP-traded index gains 4.5%
>GBP falls 8%
>>61673359
Yes well the argument was Germany vs Poland right fucking now, no allies, as absurdly irrealistic as it would be.
That's a situation that completely fucks over all german advantages, I'm sure you'll agree.
ITT: Yuropoors on suicide watch posting non-arguments
>>61671538
UE limited them. Once they leaved their economy just rockets up.
>>61673392
I can't find exact statistic but it's both Russkie shit + what west sold to us
>>61673326
>Besides, any talk about German army in its present state is pointless, in case of real conflict they could easily mobilise their robust industry to produce whatever they need to defeat us.
and who fights for them? As I wrote 25% of their privates are immigrants. You can imagine their morale to fight for their country.
>>61673515
you know that tank is a tank. you prefer no tank to old tank.
>>61673528
You need citizenship to serve lel.
Reddit told me Brexit is a huge mistake and will destroy the civilized world.
>>61671538
That there is life after the EU and i honestly hope the EU is either reformed to a more fair and uniform membership or it fucking dies. I am all for the second option because the EU is fucking my country bareback, no lube no nothing. The EU is fucking shit for us and i'm glad at last people are getting redpilled real fast about the EU
>>61673591
yes i know, but they come from immigrant families. 25% of privates and 7% of officers. in sum 15% of their military. It only means their military is not based on the concept of serving the nation but simple a contract.
>>61673573
I don't want to see 1 superior folded over a thousand time German tanks slaughtering masses of Russian shit
>>61673695
>1 superior folded over a thousand time
ok i keked. you got me here
>>61673691
Americans and Russians use their armies to fast-track immigrant citizenship, both have been fighting lately and I havent heard of any problems.
It really depends on the training they receive.
>>61673528
>and who fights for them?
No one, because war between two economically interwoven democratic countries is completely unrealistic.
Grow up, war is not as awesome as you think it is.
>>61673784
>Americans
usa is a diffrent story. they are immigrant country.
>Russians
from russian sphere of influence it does not count.
>No one, because war between two economically interwoven democratic countries is completely unrealistic.
of course. it was theoretical discussion whether we stand a chance against the german military
>>61673528
So what?
Germany barely had enough ammunition during the first years of WW2 in their first years that they couldnt even properly equip their soldiers and yet beat France(biggest permanent military power back then) and big parts of the east. Not to ignore the fact neither Germany nor USA had any notworthy army at the beginning of WW2 and were the most dominant at the end.
History has already proven that a strong economy that can easily carry a fast growth of military is way more important that having millions of permanent soldiers.
>>61674357
>Germany
they did it using solders brainwashed with an ideology. you got only employees not soldiers now. do you know that is unofficial creed of polish soldiers - "Death to the enemies of the nation". Doubt it would be legal to say something similar at loud in germany right now.
>>61673528
War is hell. Be it a migrant or a "true" German, if the guy has the stomach he will fight, if he doesn't he won't.
>>61674357
Modern war aint like ye grandpappy's war. Now it all happens fast.
If Barbarossa happened with today's tech the Soviets would never have had the time to relocate all the industry behind the Urals and drown you in hardware.
>>61671538
>>61671764
>>61672378
so, basically not much has changed. FTSE went up by about 6% but the value of the stocks in pounds went down by 6%. also, the dollar is relative. it's not as if it cant change in the future and in all likelihood will. futures for the pound are doing a hell of a lot better than the dollar. if this dollar collapse(some sort of default or repurchase of bonds at a lower price) happens like most economists are saying it will, the pound, not tied to the EU at all anymore, could be one of the only 2-3 safe places in the world to keep your money.
>>61673037
>What is the value of my market if my currency completly drop ?
>>61674569
It isnt about mass either.
Tanks, artillery and normal infantry are pretty much worthless ever since the vietnam war.
>>61675777
In Vietnam at least, the rifles still played a significant part.
>>61671538
Now look at the GBP exchange rate you tard
>>61675920
yea, but vietnam never even won a single battle and the US achieved every single on of it's objectives in the war
>>61675994
now, look at the rest of the thread, you tard. GBP went down only as much as stocks went up, so in the big picture, nothing changed.
>>61676040
I thought one of the objectives was to keep South Vietnam out of commie hands?
Doesnt really matter, my point was that infantry still played significant role in that conflict.
>>61676083
>a severe devaluation of a currency in a country with the second largest trade deficit in the world has no impact on purchasing power
>implying the spastic attacks of city traders are as important as long term currency movements
>>61676238
you mean north? yea, the economy not the people. the economy functions as a capitalist market
>>61675920
But there was already a shift away from large group fights.
Having several thousands of soldiers on the battlefield became more of a hindrance than an advantage.
The reason why the north was so succesful was because they could detect big US army groups and evaded every single fight while having small specialized troops doing ambush attacks on them and then quickly retreated.
And it became even worse with satellite and drone surveilance, which renders anything that cant do a quick fast attack useless.
>>61671886
>>61671886
no lad, the two year period starts the moment article 50 is invoked. Us Brits can decide when we want to invoke it. The gov will most likely bend to pressure and invoke it soon after the next leader is picked.
For all those saying the brits may not invoke it at all, think again. The vast majority of MPs, including the remainers are pledging to carry out the result of the referendum.
Talks of a second referendum went from loud screeches to tiny marginalised whispers.
Either way, article 50 will one day be invoked, then comes the negotiation period. Here is where I think not much will change and we will cave in... Or at least I hope we do being that I'm a Brit abroad.
To the Germans being fed by the media that we will change our minds, I can assure you the sources within british politics you are getting that from are either SNP wankers or minor back benchers who have as much of a voice as joe bloggs. The Germans are in the middle of giving each other a massive group hug in order to console themselves about how the little bloody brits dare ruin their federal dream, therefore, the German media spouts some absolute tosh which is mostly baseless.
> inb4 farage lover
I wanted to remain, we just have to man up and accept the will of the majority that voted.
>>61676299
>severe
5%
severe
it was severe for a few hours the one day buddy. since then, no big deal. they'll recover. deutshe bank says it is now the safest place in the world to put your money long term.
>http://www.bloomberg.com/news/articles/2016-06-21/deutsche-prefers-u-k-stocks-to-germany-s-brexit-or-no-brexit
>>61676478
Well yeah, the North really fucked up when they went for a big offensive (Tet). But infantry and tanks will always play a role, cant hold ground without them.
>>61676428
I mean south. The north was going to take them over without you.
The FTSE 100 companies do around 75% of their trade overseas, of course they are going to see an increase after the value of the Pound plummets.
>>61676757
yea, they didn't take them over so i didnt get what you're saying. are they commie in sVietnam now? am i being lied to? i confuse korea with nam sometimes. so many wars, hard to keep track
testing :jew:
>>61676897
how is 5% plummeting?
>>61676911
>The capture of Saigon by the North Vietnamese Army in April 1975 marked the end of the war, and North and South Vietnam were reunified the following year.
They did take them over.
>Government -Unitary Marxist–Leninist one-party state
I dunno, they seem pretty commie to me.
You are probably thinking of the Koreas yeah.
>>61676955
5% is a very significant amount if you are an investor, it's only going to get worse too.
>>61671633
Lmao no
The FTSE is in local currency terms. In dollar terms it got BTFO.
Well done bongs. I think you may trigger euros more than the Turks or Americans now.
>>61672981
Political analysts and betting markets have a 90% chance on Brexit.
Oddly enough, Johnson stepping out of the race boosted the chances.
Furthermore, 70%+ of conservative party voters chose to leave the EU. The party in majority power.
It's happening.
>>61677061
>only going to get worse
i'm betting on it getting a lot better and i've invested in the pound about 25% of what i will. ill wait and put another 50% in if i see a big slump or a trend up and play with the rest. sorry, but you obviously have no clue what youre talking about. any investor sees this as a great opportunity to buy british sterling long term. any down trend will only be temporary considering the US will have to repurchase bonds from people at a loss to bondholders some time in the next 10 years at very most.(ie, the dollar will take a big hit) a lot of people are betting sooner than later. they cant keep interest rates this low forever and when they raise them its all over. the bubble will burst
>>61677061
the devaluation is great for the british economy short term also, as goods will be cheaper to other countries and they will buy more.
>>61677509
the GBP is the safest place in the west, and maybe in the world, to have your money for the next 20 years.
>>61672981
So will it be like the american debt ceiling
>>61676593
>Trusting Deutsche Bank when it repeatedly keeps failing the stress tests
>>61675264
>7% drop
not the end of the world
like half of the trades are in usd so it doesn't matter that much either
