TUMBLING DOWN
TUMBLING DOWN
>>78965752
Give it time.
>ratings meaning anything in a post 2008 world
it's all made up who cares?
>>78965752
This is just to scare people into thinking that if you are not united with Europe you can't make it on your own as a nation.
https://www.youtube.com/watch?v=-0WeURiShfU
>>78965835
Credit downgrades arent something you can fix over night, britbong.
The whole country will now pay more to manage its debt internationally. Expect other EU nations to hold this shit against you as you desperately try to negotiate for the deals you have already
>>78965752
You'll note that the UK hasn't done anything yet, and the ratings agencies and value of the pound are causing worry.
Doesn't this tell you something very fundamental, that such moves are not based on real issues or changes but just worry and speculation.
When that worry and speculation goes and we see the UK renegotiate trade deals not just with the EU but probably china and India and other places we'll see the value come back.
To shit your pants about it a few days after the referendum results is just silly, these things are in constantly fluctuation and will bounce back given time.
lmao fucking britpoors
>>78966168
>Credit downgrades arent something you can fix over night, britbong.
But it literally changed over night.
>>78966168
>Credit downgrades arent something you can fix over night, britbong
That's why he said "give it time"
>>78966275
He specifically said "fix", stupid.
Shit, I just lost a million bucks.
Oh wait, no I didn't....because I'm not some big financier and am in fact a regular joe.
Checkmate, globalists.
>>78965752
Love how Britain has been the most resilient in the markets, while the cucks facing economic disasters are laughing at Britain
>>78965752
Degrades rating based on feelings. God damn people in finance are like women. No wonder the economy tanks all the time.
>>78965752
Happened in 2013, its nothing.
>>78966168
>implying EU nations aren't collapsing due to one fucking person talking about leaving
Lol, Stronger IN the EU huh?
>>78965752
brits on suicide watch
>The guys who fucked us all in the ass in 2008, we're supposed to feel bad for now
>>78966351
So it's possible for it to be destroyed in one day but not fixed? Wouldn't the UK declaring the referendum invalid and ignoring the vote of the people (something that several MPs suggested) "fix" it over night? Wouldn't that be the case Mr economist?
>Government bond yields at record lows
>jews lower our credit rating
Sure
UK: yo guys can we talk about it?
EU: fuck off
TUMBLING DOWN
>>78966610
Jesus Christ, maybe you should try reading up on what a credit rating actually is before you shitpost?
>>78966468
Britain isn't an EU nation. ;^)
>>78965752
>implying that means shit
Hell, the US lost their AAA. Doesn't mean a damn thing.
>>78966468
>>78966768
don't worry United Kaliphate; this is just the Germanic types being so butthurt that they can't help but act like scorned women on a nation-state scale
>oh you are out of the EU? fine, I'm throwing your things off of the second floor!
>>78966401
S&P was the only one that still had us listed as AAA.
S&P: Northern Rock PLC Outlook Revised To Stable; 'A/A-1' Ratings Affirmed
Issuer: Northern Rock PLC
Date: 10/21/2008 Rating A/A-1 Rating Action: Affirm
Outlook: Stable Outlook Action: Revise
S&P: Northern Rock PLC Outlook Revised To Stable; 'A/A-1' Ratings Affirmed
>>78966737
Gooooood! The longer they don't want to talk, the shittier the situation is going to be. Until it will be unbearable for the whole economy to wait.
Then UK will negociate ANYthing!
Is this the beginning of a British depression?
>>78965752
Yeah and the stock market made up of imaginary money also dropped.
Who gives a shit?
>>78965835
>>78967465
Your bank account is also imaginary, dipshit.
>>78967465
"Imaginary money"
>>78966737
Anglo version of Treaty of Versailles incoming.
>>78965752
i'm not a jew and i don't work in finance, i couldn't really care less
>>78965752
>jews strike back with made up rating
HA! GOTCHA GOYIM! WHAT WILL YOU DO NOW?
btfo
>>78966610
Rome wasn't built in a day, but it is arguable that it was destroyed in one
>>78966168
learn to read you fat fucking nigger, he said give it time
>>78965991
This
Most bad loans that crashed the economy had AAA rating
>>78966370
>Says the one with most debt in the world
who /junk/ rating here
>Eurocucks madposting this hard
kek,. You guys are platinum mad. Enjoy your refugees.
so who is going to be the PM after cameron leaves? you guys got a VP or something?
>>78965752
http://endingthefed.com/un-official-found-dead-was-set-to-testify-against-hillary-clinton-same-day-barbell-fell-on-his.html
http://endingthefed.com/un-official-found-dead-was-set-to-testify-against-hillary-clinton-same-day-barbell-fell-on-his.html
http://endingthefed.com/un-official-found-dead-was-set-to-testify-against-hillary-clinton-same-day-barbell-fell-on-his.html
not that anyone fucking cares but Hillary killed some dude. anyways fuck you /pol.
>>78967650
You will care soon enough.
>>78967586
>>78967572
yea, it's all imaginary
wait.. do you goys keep your wealth in the form of imagination?
if you do, I would recommend turning them into real assets. If you live paycheck to paycheck, then
ha.. kidding, I know you live paycheck to paycheck. No room to talk
>>78967843
eat shit bulgaria , you won't leech off proper countries anymore
EU is done
>>78965752
So they're what now? AA+?
That's America's rating and they're doing all right.
So for all of /pol/'s posturing about being so informed and repilled it has become apparent in the last few days that as a group you don't even have a cursory grasp of economics.
>>78967804
The conservatives will vote for their new leader, who will take charge until the next general election.
>credit agencies caught colliding with big bankers with obvious agenda during the last financial crash.
>>78966767
I'm very well read on the topic but I'm not a keyboard economist like you so you know, I'm not so smug, sorry about that. If you read the article from OP's pic, you'd see their credit rating was slashed due to a forecast of instability following the brexit. The main factor in the forecast was the referendum result. If the referendum result was deemed invalid, I can guarantee you the credit rating would be restored within a week. Then again, this is S&P the same agency that was sued by the US government for fraud and egregious conduct due to inflating ratings so it's not like they have a stellar record when it comes to being trustworthy.
We'll see. But the Brexit was a smart move for the future. Short term economic turbulence is a small price to pay for freedom from irreversible demographic changes. The EU is in the process of collapsing, with or without the UK. The Brexit, if it even happens, will save the UK a lot of trouble down the line. According to Pew research 49% of Europeans surveyed wanted out of the EU. It's only a matter of time.
>>78968023
>you don't even have a cursory grasp of economics.
Neither do economists you see on /tv/..
>>78966168
Wtf I hate sovereignty for nations now!
>>78967977
REAL NIGGA HOURS
>>78967941
Get out of my face, you irrelevant meme.
>>78968183
i smirked
>>78965752
>credit ratings lowered after leaving the eu
Why?
>>78968429
The UK hasn't left, this is just from uncertainty.
>>78968429
We haven't left yet. That "credit rating" is just the news trying to scare us.
>>78968513
Jews* fuck.
>>78968513
And are you scared?
You can't let them sway you through economic terrorism.
>>78968429
If you make idiotic policy choices like suddenly backing out of the most important political alliance of the last 100 years, then it's likely you're going to start being an idiot in other ways
>repayments have not so far been affected
>credit rating downgraded anyway
the wrath of the jew
Wait, are you seriously considering making this fat fuck your PM?
>>78967757
>Not knowing how the world economy works
>>78968666
As far as leaving the EU goes, the only thing I'm worried about is no longer being able to buy these EU energy drinks that I love.
Nice trips btw.
>>78968759
Stay mad.
>>78967757
> can not even make an argument.
>>78968759
America is also considering voting for a fat blonde walking talking meme so why not?
>>78965752
>S&P threatens to downgrade US treasuries
>Obama justice department threatens to sue them for rating sub prime mortgage backed securities better than junk
>((mysteriously)) backtrack and claim the US is sound
wow so impartial, these IMF/World bank ultrajews definitely aren't manipulating the markets and goys
everyday i lose hope when i see just how powerful these people are, I live in some Orwellian nightmare world where pretty much everything a normal person hears about is lies or propaganda
>>78965752
we'll beat ourself until you die.
>>78966137
Well, the EU fucked every single country up tis much, no country can survive without EU-Money.
Every Country has DEBT they never can pay back.
Sold best State Property and Farmland....
>>78968759
>>78965752
S&P rated subprime mortgage loans triple A
who the fuck cares what they think
also how does britain leaving the EU in any way reduce the reliability of its debts
I TRIED SO HARD
>>78969550
I don't know what you were trying to do, but apparently you didn't try hard enough.
>>78967789
>mfw brexit is a huge geo-political powerplay, and it's working
>>78969762
Well done, you played right into Putin's hand.
>>78965835
that is literally the only argument the leave side can come up with
>>78965752
Should i buy 10,000lb when its 0.90 to 1$?
>Hasn't actually left EU yet
>Credit ratings lowered
Jesus Christ they aren't even trying to hide it anymore. If this isn't evidence of the globalist conspiracy, I don't know what is.
UK won't actually do the deed for another two years so their credit rating taking a hit means it's obviously being artificially hammered by higher ups. Basically a punishment to the little guy for not falling in line and being a good goy.
The fact that the people do not immediately see through this farce is madness.
Being redpilled is painful. Get me off this ride.
>>78965752
thx for the Evangelion mene
>>78966182
>You'll note that the UK hasn't done anything yet
That is the point. You need to act quickly now otherwise the uncertainty will hit your economy harder than any fast and clean Brexit ever could.
>>78969878
gotta get dat cheap russian energy pham
>>78970145
>>78970325
What are you talking about? Do you guys knows how markets work, how uncertainty leads to panic? Not everything is a huge conspiracy. Get your heads checked, seriously.
>>78970527
Credit ratings are based on a lot more factors than just a market slump. They are supposed to be based on large data chunks over time in order to assess ones ability to pay their debts. The entire point of credit rating is to take time into account, and not rise/fall with every single little misstep.
Lowering rating over market data that is just three days in the making is extremely unusual and should be cause for great suspicion.
>>78965752
You know what? This is a good thing.
it is about time it is hammered home that we can't keep spending vast sums of money that we don't have and having a budget surplus for years and years while ignoring the ever growing national debt.
Maybe lefties will start to realise that austerity measures aren't just for the hell of it, and actually serve a purpose as reckless spending has consequences.
>>78966871
no offense (to me)
but.. the US isn't a good credit rating to follow
>>78966168
>Credit downgrades arent something you can fix over night, britbong.
Neither is fixing the EU, sacrifices have to be made.
I'm happy to be in the country that had the balls to do it.
We had the guts to do it.
>>78965752
>muh shekels
if money is all you care about, why not just convert to the kikes?
Poor whites are still whites, and arguably better for sustaining a white society.
>>78971420
Im happy too, hopefully a lot european countries will follow your lead. I have no hope for germany, but france could to it.
Without france as a main player, the rest of EU will collapse- make europe great again!
>>78967711
Nice flag Alexander
>>78965752
And now they're in the exact same place as the USA or France.
Going to AA+ is how the financial community punishes countries for doing something they don't like, regardless of whether it was actually voted for.
Russia is BB+ to BBB- at this point. China is AA-. Neither is going to crash and burn and this just gave the world markets an easy opportunity to squeeze a bit more money out of the UK.
>>78967840
Not that he was set to testify against Hillary, either. Fake and gay.
>>78965752
>TUMBLING DOWN
>Get into this union Cameron!
https://www.youtube.com/watch?v=4XYBIUGJvzs
>>78970145
If people know someone is going to do something then people act accordingly. You are demented if you think people will act as if the UK isn't leave the EU until it actually leaves.
Knowing the UK is leaving means people will change what they are currently doing and change future plans as well.
>>78968759
you should not elect the guy who has already backtracked on /breh/xit
>>78969878
>right into putin's hands
if you think that having a separate military power for putin to deal with is "playing into his hands" then you might be a Finn
>>78972397
that's good for you though. It will make the brexit a reality
don't think for a second that "Britain's economy won't survive this" either
everyone I know who is over 35 is ecstatic and revving up those investments
everyone under 30 is revving up those ipads and facebookposting because they can't think
>>78972621
Putin is afraid of unified Europe, not single countries.
>>78971732
>hopefully a lot european countries will follow your lead.
I hope so too Krautbro for Europes sake, I do think they will have a harder time of it as they will have to drop the Euro and maybe revert back their old currencys, I think the UK will have an easier time of it as we kept the pound which makes the departure easier.
Atleast when other countries do leave, they'll know they're not alone, until article 50 passes we are in limbo
>>78972862
why would putin be afraid of a behemoth economically stuck-in-the-mud soviet esk retard conglomerate compared to single nations that (by the way would still all act as one against putin) would be more powerful through competition
what is it with euros and not understanding how competition improves the economy
>>78970396
There hasn't been a single internal change to the UK's monetary or trade policies, because they're still a part of the EU.
This has basically been an exercise to punish the UK for disobeying Brussels and to burn off world market instability by making the Brits the literal fall guy.
Notice nobody gives a fuck about negative rates, China's soft markets, or anything else at this point as long as they can keep comfy and toss another shrimp on the British Barbie.
>>78972771
That isn't saying anything. You can say any economy survived no matter how fucked it gets because an economy can never truly die.
>>78973158
Conflicts of interest aren't as bad when the EU is around (to a point). If Russia were to attack a country in the EU, they'd have the rest of Europe obligated to get on their ass, but when everyone is separate, it's easier to get away with invading fringe countries without anyone wanting to get into a fight since they don't have to adhere to the rules of the EU in that kind of situation. Also, if the EU does get its plans of an EU army, that's an even bigger problem for Russia, you can bet your ass they're going to capitalize on Europe if it becomes more fractured.
>>78973247
>fall guy
Just nostalgered
>>78973247
>Achmed says he is going to go into a nightclub and kill loads of people
>Police stop him before he gets to the nightclub
>"What are you doing, I haven't done anything yet"
OH FUCK!
THAT VOTE THAT WAS EXPECTED TO CAUSE A NEGATIVE ECONOMIC IMPACT HAD A NEGATIVE ECONOMIC IMPACT!
IT'S OVER, THE ECONOMY IS THE ONLY INDICATOR OF QUALITY OF LIFE AND WELL BEING! OH IF ONLY THERE WERE MORE TO LIFE THAN INCREASING THE NET VALUE OF A STATE!
>>78973748
>what the UK did was a crime
Two years, minimum. And yet suddenly the pound crashes to 1985 levels, world markets take a universal dive, and so on.
And the EU won't even begin to chat with the UK about it. Silent treatment and the shekel-whipping, surrrrre they aren't doing this specifically to punish the Brits....
how does brexit have any affect on the ability of the british government to pay back debts
I don't get it.
When I make happening-tier comments I am told I am a tinfoiler conspiracy theorist prepper doomgloom loser.
Now the mainstream media is saying the exact same thing and those same people are telling me that I should be panicking and that I am in denial.
Goddamn, the common normie is literally a sheep in human form. No insight whatsoever.
>>78974013
that's one expensive fuck you
My, my, what a fuss people make, over nothing.
Hitler's revenge is coming
>>78974117
>And the EU won't even begin to chat with the UK about it. Silent treatment and the shekel-whipping, surrrrre they aren't doing this specifically to punish the Brits....
Pretty much, won't even engage into amicable pre-article-50 talks whilst having their own little meetings without inviting UK, i'm so glad we didn't use the Euro, I grieve for the countries that did, our financial-departure will be a cakewalk compared to those countries.
Bring it on EU, I grew up in Thatchers Britain i'm not scared of you
S&P, S&P.... have I heard of them before? I feel like I've heard of them.
Oh, the guys who were chronically fudging numbers and providing what amounted to a ratings-for-cash service leading to the last economic crash, right?
>>78973616
EU =/= NATO
>>78974117
Nope. The point is people react knowing something is going to happen. They don't wait for it to happen.
Also do you not realise the kind of cooperation that is required for a conspiracy on a level that could control the global currency and other markets?
>>78968759
>ching ling bing bong
>>78970140
Think it will go that low? My trigger finger is itchy right now.
>>78975293
Read article 50. The whole point of it is to put a 2 year limit on negotiations unless a unanimous decision is made to extend.
The idea of "informal" negotiations that are really just negotiations undermines the very rule. You could effectively negotiate a leave deal before even triggering article 50 then you trigger it and agree to that deal the second after you trigger it. Which leads to the thought of what was the whole fucking point in article 50?
>>78974117
How do you not understand that brexit is almost universally considered a bad economic move, and markets are reacting accordingly
>>78975293
Your government is though and you personally have no say
>>78975791
It doesn't honestly take a conspiracy.
It just takes a few talking heads to chat up the doom and gloom, followed by shorting the pound badly enough to trigger panic mode.
Fuck, the world economy was already jittery and barely stable before the Brexit vote. It just needed a bit of preparation and a little push to send that volatility straight into the UK.
More than enough money flowing around the EU to do that. Markets tanked but didn't crash out because they expected the UK to get scourged by external market forces.
If it hadn't been an expected and deliberate act, we'd all be freaking out as the global market collapsed from uncontrolled oscillations. No, the EU just pulled the rug out from under the British.
>>78976145
I'm reading it more as the EU wants you to leave, and so they arent going to play the game until you trigger article 50 and set it in stone
>>78975791
the less centralized the power, the larger the necessary conspiracy
protip: there is a world central bank
>>78976248
they were paying 13 billion to the EU per year and receiving 6 billion back
in the long term its the right decision, right now the globalists are just butthurt
>>78965752
>London
Fixed that picture for you
>Tfw kikebook all my friends and now even my GF are all laughing about Brexit and support the EU.
How do i redpill.
>>78976248
>>78976636
this
people can't do basic subtraction
>inb4 losing 7 billion a year was worth it
makes absolutely no fuckin sense
>>78976248
Markets crash on results they couldn't or wouldn't expect, while the Brits had been clearly, loudly, and openly showing they were ready for this Remain or Leave. This isn't the 2008 bubble bursting here, it's a slow, deliberate disengagement from the EU's bureaucracy.
Is it a bad move? Yes. Should it be causing this level of universal clusterfuck? Not even close.
>>78976858
>>78976850
>>78976636
The cost/benefit of the EU involves more than direct payments in and direct payments out. EU payments cost about 0.5% of UK gdp, while membership boosts UK gdp by around 5%
>>78976858
>>78977202
Sorry that answer wasnt really meant for you. We are hardly seeing a universal clusterfuck, markets are dropping because of uncertainty, as brexit is capable of seriously damaging all sorts of trade, all over the world. The EU could literally collapse
>>78977436
>The EU could literally collapse
implying thats a bad thing
>>78976413
>It just takes a few talking heads to chat up the doom and gloom
Or the UK confirming it is leaving the largest economic union in the world. That is of course going to make the markets get jittery. You don't need some sort of god whispering in their ears, "everything is fucked, better sell"
>>78977495
It is for trade
http://www.express.co.uk/news/politics/683739/EU-referendum-German-French-European-superstate-Brexit
>>78976422
Then you would know the rules of the game are that article 50 is triggered. Member state says if is leaving the union and then negotiations take place. "informal", pre-negotiations or whatever the fuck you want to call them undermines that.
In fact if some negotiation took place beforehand it would point more to an idea that there is a plan not to leave as negotiations should only take place after you confirm you are leaving.
