My kind of bullshit, tho.
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Current time: December 24, 2024, 11:51 am
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UK to leave EU
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(June 29, 2016 at 11:35 am)Aractus Wrote: You can't "convert money", that is a fallacy. You can only trade it. OK, would it help if it was Pints instead of dollars. Last month he got four. Next month he's only got three. And now tell me, how that's not a loss. (June 29, 2016 at 12:21 pm)Cthulhu Dreaming Wrote: I suppose that I too have not lost any money, despite my accounts being 5 digits lighter in USD than they were last Thursday - no currency exchange required. If it's any consolation, I envy you for still being able to lose money. I lost that ability in the last global fuckup I didn't have any say in.
He is trading it for less than he was before, that's the idea. And he's saying it's because of Brexit.
When I lose money it isn't really lost either: it is just "exchanged for the absence of funds".
RE: UK to leave EU
June 29, 2016 at 12:59 pm
(This post was last modified: June 29, 2016 at 12:59 pm by Edwardo Piet.)
RationalWiki Wrote:Brexit (short for British Exit) is a movement within Britain to leave the EU which somehow managed to get a national referendum. While both sides have at least some valid reasoning, the eurosceptic side (with the help of the mostly right-wing UK tabloids such as The Crazy Mail) has created a widespread distrust of the EU that essentially amounts to a mass hysteria over a mostly harmless bureaucratic body. Leaving the EU is unlikely to solve problems such as improving the economy, and the UK only contributes about 0.5% of its GDP to the EU per year. Rather, the exit will more likely set Britain further back in having to renegotiate perfectly functional agreements from scratch. Poor Brexiters have RationalWiki against them. RationalWiki Wrote:As a result of the vote passing by a margin of 52/48%, the value of the pound nosedived to $1.3236 - a low not seen since 1985. The FTSE went into a one-day freefall of more than 8%, not seen since the collapse of Lehman Brothers in 2008. Several banks (including Barclays and RBS) took major hits, while shares in the housebuilding sector fell by up to 50% (as in the case of Bovis Homes). UK government bond yields also hit a new record low. RationalWiki Wrote:Many eurosceptics make claims about how leaving the EU is the only way to control The UK's borders from the oncoming horde of (mostly Muslim) migrants sure to wash over us if we stay in the EU. This ignores a the fact that many economists believe that Europe is in need of more migrants, rather than less. This is in addition to the moral issue of leaving tens to hundreds of thousands of refugees in camps. The anti-migrant hysteria often also seems to emphasize the fact that the migrants are largely Arab Muslims, perhaps trying to attach itself to the Islamophobic and racist elements of British society, or perhaps merely trying to create a dichotomy with which they sell how different and therefore untrustworthy the migrants are. |
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