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    Brexit fears wipe 100bn in four days.

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    papa_umau
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    Brexit fears wipe 100bn in four days.

    Post by papa_umau on Wed 15 Jun 2016, 10:55 am

    Brexit fears wipe 100bn off FTSE 100 in four days - business live

    Sterling and shares have slid as the City reacts to polls showing the Leave on track to win next weeks referendum.

    *Latest: FTSE 100 tumbles to new three-month low

    *Pound hit by latest EU poll

    *Volatility hits 2008 levels as traders panic

    *Bank of England pumps liquidity into the City

    *EU referendum live: Jeremy Corbyn urges Labour supporters to vote remain.

    Get the full story from The Guardian HERE

    These are the headlines but the attached stories can be found by clicking on the link above.




    If this is what can happen to the FTSE 100 with the fear of brexit what will happen if it actually goes ahead ?


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    zathrus
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    Re: Brexit fears wipe 100bn in four days.

    Post by zathrus on Thu 16 Jun 2016, 11:33 am

    I don't really know what we can take out of this as the stock market is a very nervous entity which falls if someone important gets the sniffles.

    After the stocks have been bought by the market-players at the lower-rate they will go up again and then these pirates will take their payouts and run.

    It's not an investment market, it's a big casino.
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    papa_umau
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    Re: Brexit fears wipe 100bn in four days.

    Post by papa_umau on Fri 17 Jun 2016, 11:45 am

    Yes, and thanks for the shares-trading lesson Zath', and even if the stocks and shares market is a very nervous market it is a good indicator as to how the industries and their investments are working.

    I am not surprised that the markets have fallen because of the fear of brexit and I think they will fall much further if it ever happens.

    Almost all of the companies that export to Europe are afraid that they will lose this exporting income and one cannot blame them for that.

    It will be interesting to see exactly what happens if we do draw out of Europe as once it is done it is something that we will not be able to go back on very easily.

    Any new deals that we might try to broker afterwards will have to start right from scratch, and there is no guarantee that the rest of Europe will let us back in.


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    Angie baby
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    Re: Brexit fears wipe 100bn in four days.

    Post by Angie baby on Sat 18 Jun 2016, 12:10 pm

    I wonder if the people that are thinking of voting for OUT realise how Britain will then stand in the eyes of the Europeans.

    By pulling out of Europe we might make ourselves a lot of enemies who will resist us trying to broker new export deals.

    Just the thought of it is a very scary one.
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    papa_umau
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    Re: Brexit fears wipe 100bn in four days.

    Post by papa_umau on Sun 19 Jun 2016, 12:06 pm

    Something that no-one has mentioned yet is the fact that so long as there is a solid European Union we will never have another world war in Europe.

    There IS a bit of nervousness in the news that Europe might build a standing army that may try to be opposed to NATO, but I just think that is another of the fears that is being put about to encourage us to get out of Europe.

    As I see it, even if we are not part of a greater Europe and they do form up a European armed forces that army may not protect us if we need protecting from any third force.


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    Re: Brexit fears wipe 100bn in four days.

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