Maybe in the 8 years the North and other 'provinces' have been sitting tight they've discovered a love of the Dada art movement - For something new to be created first everything must be destroyed.

So their decision to not spend ( for no real reason other than somebody has said so ) is now already causing chaos again because somebody has said so , shows how fragile our economy is


It all just becomes self serving , and that quite often is just fear

No. Just to be clear, I'm not being insulting, or sneery, or anything else. I'm just describing what is actually happening, right now. While it's true that in some cases, one can "talk down" a single share on the stock market - particularly with an inaccurate rumour, it just isn't the case that one can "talk down" the entire stock market. The algorithms which do most of the trading are impervious to emotion. When the market crashes like this, it's because hundreds of billions of pounds of globally mobile capital is fleeing (or shorting) stocks. You can't "talk down" an economy, because while individual private investors are prone to irrational emotions, the sort of institutions which are behind capital movement of this size, are not. Yes, there's a group mentality, and yes they will seek to follow a trend. But we've had too much denial in the last week. This is real, it's happening. We are having the single biggest financial crash of modern times, and it is directly caused not by a few people moaning about the decision. It's caused [iby [/ithe decision.

We're on the second day. We haven't invoked Article 50 yet. I cannot emphasise enough how bad this is. It's already worse than 2008. The rest of the world thinks we're utterly mad to take this decision, and that our economy is going to shrink, rapidly. They - and our own funds and wealthy investors - are taking their money out, and that makes it, to a certain extent, an even more self-fulfilling philosophy. You might not like that. It might not be what that liar Johnson said would happen. But it's what all the experts predicted, and it is exactly what is happening. It's going to keep happening until either we hit a bottom when that money thinks it's arrived at the new level of the British economy, or when someone puts their brain back in at Westminster and finds a way to stop us all from cutting our own throats.

If you've got savings, I'd advise converting them into dollars and sitting on them for a few weeks. You've already lost a lot of value on them, but there's almost certainly more to come.

But when you have our PM 12 months ago saying ( when he thought his opinion was a shoe in ) we would be fine outside the EU , then when seeing he might lose predicting Armageddon , who has sown the seeds of fear ?

I notice George changed his tune this morning when asked about his budget

Getting away from the economics of the decision today we saw the real EU , the German Chancellor with her 2 lap dogs , we've never really been a genuine member of the EU club , opting out of fundamental parts of its ideals , so the choice actually was

Do we pull out now ? , or jump in with both feet no longer being the awkward member of the family ?

That wasn't even slightly the choice.

rlLeave campaign lies withdrawn so farrl

Backwards mentality of Leave voters exposedhttps://pbs.twimg.com/media/CltVc6WWMAER8qd.jpg" >

Then they are educated, (but given what I have read as an observer over the years, most of your posts are rubbish and lies), but they voted in a way to screw up their own futures...

It's convenient to 'get away' from the economics of the decision isn't it? In the same way that it's convenient to get away from the £350 million quid a week for the NHS, or the end of free movement; because they are inconvenient truths, or more appropriately in the latter two examples, untruths. As Roy Heggarty has pointed out in great detail however, there is no getting away from the economics of the decision - it's a total disaster for our economy, the depth of which has nowhere near been revealed in the few days since the referendum. The market is only just starting to react - it's going to get significantly worse and last for a long time, unless some wonk at Westminster can come up with a way to get us out of this insane situation.

In your opinion.

Its started already. https://www.theguardian.com/environment ... are_btn_tw

Its started already. https://www.theguardian.com/environment ... are_btn_tw

Reality not part of your scene then?

What is happening is only a figment of someones imagination?

You'll be saying next that Carlsberg is proper beer and that a big Mac meal is a gourmets delight! Actually you may not but there so many who will think that and I could hazard an educated guess how they voted!

which country will be the next to leave this failing europe then?

A little improvement today , obviously not to Thursdays inflated levels , but considering the current turmoil not too bad up to now IMO