Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
hi jtrade - status quo is the reason I think the majority will vote to stay. People generally tend to choose the option with the least change. Please note, I do not necessarily advocate for either argument, mine is just a mass-psychology consideration.
Whether enough people bother to turn up for the vote also remains to be seen.
Can you help answer these questions from other members on NexusFi?
Campaigning is already quite intense. I think after another couple of months everybody will have an opinion and the turn out will be high, though perhaps not as high as the Scottish Referendum.
Agreed that the out party have the best arguments, but Boris Johnson, as the most visible person in the leave campaign to me always feels like an opportunist. I think a lot of the 'leave' arguments make sense but feel grubby doing so as it always comes back to 'keep the foreigners out'. Happier listening to Cameron whose arguments also make a lot of sense, but it is all so negative.
Also every time there is a debate on the news/Question Time/Any Questions, involving proponents of both groups they just sit there and flat out fully contradict each other on every point because nobody actually has any idea about how the remaining European countries will deal with us afterwards.
Looking forward to making my cross on the ballot paper but am still unsure in which box it will be.
"The stakes will be high for Britain's historic role as a free-trading nation when it holds a referendum on whether to stay in the European Union on June 23.
There is no precedent for an economy as big as Britain's leaving a trade bloc, and the rival campaigns paint contrasting pictures of what quitting the EU might mean for its trade."
I think many have got this issue the wrong way around : Britain buys about five billion (yes, BILLION) pounds more stuff from the EU every MONTH than it sells to the EU.
Seriously, from the EU perspective, what's not to like... hardly a situation where the EU is likely to want to restrict or reduce their trade surplus with the UK ?
Edit : in goods alone, ie. excluding services & particularly financial services, the monthly difference is a little over GBP 10 billion per month.
In other words, the UK is the Eurozone second largest customer... who erects trade barriers to their second largest customer (Answer : only the Irish* )
* I feel I am allowed to make so-called Irish jokes because I am a quarter Irish !
I 100% agree. Many continental Europeans think the EU offers freedom from nationalism. What? Wait a minute. Nationalism is what saved Britain from Hitler, so why for the life of me would we want a post national political entity?
Pro Europe folk keep stating that it is in Britain’s best interest to stay in Europe. Absolute rubbish. Although this will not stop them dishing out the threats of how bad it will be if Britain does exit. Fear is the only tactic they have left.
Fear of what. Losing trade? Half of British trade is with the EU, but only 11% of EU trade is with Britain which is exactly why Norway has that agreement as stated above.
Now, I haven’t lived in England for over a decade, but my heart still bleeds the St George’s flag every time England play. The people of GB need to make a stand. The EU and its currency is an experiment that is doomed to failure. How can you unionize countries who’s history is so vastly different. You can’t.
--------------------------------------------------------
- Trade what you see. Invest in what you believe -
--------------------------------------------------------
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals, U308 and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,059 since Dec 2013
Thanks Given: 4,410
Thanks Received: 10,226
Half a small pie vs 11% of a big pie!
EU Exports for January 2016 are £10.4 billion.*
EU Imports for January 2016 are £16.8 billion.*
So Britain is a largish net importer from EU.
With the GBP droping approximately 10% in the last 4 months vs the EUR those imports have gotten 10% more expensive.
The thread got through 26 posts before Hitler was mentioned, too.
That's perhaps unusual, for a political-ish thread.
I wouldn't think many people (and least of all Churchill?) would agree that "nationalism" is what saved Britain from Hitler, and to the extent that it may be so, it can perhaps equally be observed of countless other wars, from the non-aggressor's perspective, throughout history?
And many think it offers freedom from "sovereignty". While others think it offers "shared sovereignty". I'm not sure there is such a thing as "shared nationalism", though some of the Scots who voted against independence in their referendum might feel otherwise?
Its currency, certainly. The EU itself, perhaps not, if it can transsubstantiate itself completely, learning many lessons on the way (which isn't looking too likely, at the moment?).
David Cameron has said he will make no apology for spending more than £9 million of taxpayers’ money on a pro-EU leaflet publicity drive ahead of the referendum, adding it’s “money well spent”.
Pro-Brexit campaigners and Conservative MPs reacted with fury to the government’s decision to send the leaflet to every household in the country, setting out the case for a “remain vote” on June 23. One Tory MP, Tom Pursglove, called it “frankly outrageous” and an “affront to democracy”.