The Un-united Kingdom is fucked now

[T.J.]

Incase Americans thinking of bombing us, in our Capital city, Madrid.

I'll make up a story to begin preparations. You guys have terrorists, right?

[The Grand Nudger]

-and drugs, for sure.

[Tiberius]

So you tell me to look at the FTSE 250 index to see where the all damage is being done, so I do, then when i provide figures you say I'm looking at it wrong? Have you been taking debating lessons from GC?

The markets will recover, like you say the markets go up and down all the time, those that lost out yesterday will reap tomorrow and the world will keep turning.....

Markets go up and down all the time, yes. However that's usually because of trades, company revenues, etc. This was completely different. This isn't just going to bounce back, because the pound itself is down.

[Tiberius]

Or to put it a way people might understand: if bankers are freaking out about it, you know it's actually serious...

[abaris]

Or to put it a way people might understand: if bankers are freaking out about it, you know it's actually serious...

And not to forget that several banks are abandoning ship already.

Banks have already begun to take action to shift operations out of the UK, with the governor of France’s central bank warning on Saturday that Britain’s financial services groups were at risk of losing their right to operate across the EU.

https://next.ft.com/content/a3a92744-3a5...a9b15a8ee7

[StuW]

The millions whose pension pots have been devalued will see the millions return when the markets recover, you act like the market has never gone down before??

[abaris]

The millions whose pension pots have been devalued will see the millions return if the markets recover, you act like the market has never gone down before??

Fixed that for you. Same old narrative, same old deception. I don't know who's snake oil merchant's fairy tales you were buying when voting to leave, but the pension legend is one of the oldest ones in the book.

[StuW]

The markets have never not recovered before, why would this time be any different? I'm only going on previous events of similar and higher impact.

[abaris]

The markets have never not recovered before, why would this time be any different?  I'm only going on previous events of similar and higher impact.

They haven't really recovered since 2008. Not as much that ordinary citizen's profited from a growing market and job creation. That's what you blamed the EU for, if you hadn't noticed. So, chances are, this isn't exactly adrenalin to an already ailing market.

[LastPoet]

2 years is a *maximum* that can only be extended by a unanimous vote from all other countries in the EU.

Isn't it two years from the time they invoke Art. 50?

And what happens if it isn't done?  Or if parliament fails to ratify?  What are the rules for the EU expelling a member state?

Well, they are already in an Island... Proudly alone.