Can any body explain to me why this vote impacted the world and British economy so immediately? Everyone is falling over themselves to report that it's impacting the stock markets, but no one cares to explain why to any extent.
So what the fuck? Why is this impacting the economy so heavily?
Is it mindless jew-babble?
Punishment for bad behavior
Stocks are quickly being sold due to a belief in an iminent collapse.
In other words, investors are jumping ship asap.
This
Yes.
Uncertainty is almost always bad for the stock market, people are/were uncertain about what would happen in Europe.
Often times this leads to people liquidating their positions by selling British stock or buying a stabler currency (dollar) which of course leads to a decline in the stock price / currency value and giving a semblance of credibility to the fears that caused people to pull out in the first place
It's this. Everyone stupidly bet against Leave and there was just a shitload of hysteria after it won. England will be fine and the EU is fucked.
I see what you're saying, but do you think investors are that like minded and capable of "sending a message", aren't people just thinking about themselves here?
Ok so that, what's the imminent collapse about? Aren't people bringing about the collapse by anticipating it?
Well, being a fellow American and not knowing a lot about what exactly it is that the EU does, from what I've gathered, by being in the EU, the UK basically has trade deals with the entire EU. As article 50 is enacted, the UK will have to negotiate new trade deals, I assume with the EU representing all relevant countries, not each country separately.
So, as of now, no one knows what those trade deals will shape up to be. The UK could end up with much worse deals than it had before, and if this happens, it will drastically affect their economy.
However, I personally believe that this is all just an over-reaction, as I believe that Brexit will ultimately turn out to be the best decision they ever could have made. I don't know how old you are, but the market is always very reactive, over reactive, in fact. People tend to panic at any sign of instability and hastily liquidate their assets.
I also believe that there are also some shenanigans going on, with globalists manipulating prices to try and dole out some kind of punishment.
As for what is being reported and how, of course you would expect the liberal media to try and declare it a disaster.
Another aspect is that with the UK leaving the EU, this is likely to open up a whole can of worms with other countries conservative parties following suit. And if there is any reason for investors/speculators to be afraid, this is what they are really scared of. A complete collapse of the EU would mean that they would have to completely rework their portfolios.
But again, that doesn't mean that it is bad. They will just have to invest in different things now, and the market will recover, as it always does. Until of course, the day comes that it doesn't. And that will be the happening of happenings, and a day we should all be looking forward to.
Speculation.
>be random middle class balding faggot working in finance
>have a lot of British sterling and various stocks in your portfolio
>realize that the Brexit situation is very uncertain and a million different things can happen to your stocks, some bad
>quickly sell all of your shit and buy gold or something really safe to wait out the storm
>now multiply this x1000000000 to account for every banker and firm doing the same exact thing
there I've just explained every macroeconomic shock for you
what do you think?
>Aren't people bringing about the collapse by anticipating it?
that's exactly how 99% of economic collapses work
the only sensible post.
Its uncertainty, and its temporary OP.
UNLESS this ends up being a catalyst to deeper underlying problems currently existing in the eurozone...
but then the issue would focus mainly in the eurozone, and it would have happened either way, sooner or later, independently of brexit
they're fear mongering
the markets dropped months ago and almost a year ago and few besides Sup Forums cared
now that they can blame it on the right, they're reporting it like the sky is falling
EU punishment to scare all of the other member states out of even thinking about leaving.
>Aren't people bringing about the collapse by anticipating it?
welcome to the financial house of cards circa 2016
the markets are being held together with parcel tape and band aids......brexit could be the spark
idk why people are freaking out as hard as they are.
They made the correct decision, all they had to do was rip a band-aid off.
With their currency dropping/dropped it makes it more expensive to buy all those imports you love. Though at the same time it makes it much more attractive to export stuff you make.
So you deal with a few months of your Chinese made shit costing a little more, in order for your country to build back up a manufacturing base.
Welcome to new jobs and perk, since shit is made at home stuff is now even cheaper than it was before and faster to get.
educated people freak out cause they lose their cushy job for a few weeks till they realize all the factories will have offices and tons of white collar stuff needed to be done.
stock brokers assumed remain would win so there is a bit of a kneejerk reaction in the market
also the media is blowing it way out of proportion and euro countries seem to be taking a bigger hit than the UK anyway
>stop what I'm doing to make well thought out post to help OP
>OP never responds
>tfw
I hate it when that happens.
paranoia
The market is a faggot who hates any changes to the status quo
>Aren't people bringing about the collapse by anticipating it?
That's literally economics
>Tfw everything in reality is literal meme magick
The economy is a casino. It is not backed by anything other than gambling on futures and certainty.
They are betting odds. This is the result of what is basically glorified day traders, dumping and transferring their "wealth" because they want their money and they want it right now.
i am actually going to be researching some top notch british companies to poor some money into.
any brits here want to share your favorite things your country has to offer?
if the prices on stock are low, i need to take advantage now.
also, you fellas deserve the money for having balls.
OP, you truly are a faggot. I was literally right in the middle of something when I wrote that long ass post for you, and you never came back to the thread. I didn't even go through with my original to plan to be an asshole and tell you to learn how to fucking use Google....I hope you die in a fire.
>being this buttblasted
I'm lmaoing so hard