hgTs0BSOpO7BeQ!~~60_7.JPG "baybizz"){kind=avatar}
6.00 am
Japanese market had to close to halt further collapse
Japanese 10 year bonds slashed by 35%
£ Pound has crashed by nearly 12% (well below even 2008 levels)
FTSE outside trading crashes by 9%
US, S & P outside trading down 5.6%
US, 10 year bonds heavily down
Shares around the World crashing across the board
European and UK bonds collapse
UK collapse way worst than our exit from the ERM in 1992
This despite warnings by the Big players, against anyone taking the market down, and that they would move against anyone who did.
One of the Brexiteers financial experts, looking totally shell shocked, says "We should wait and see what happens"
Sorry, You can't do that, you were warned
Where is Your plan ?
It needs to be put in action NOW
This was NOT expected, a dip Yes, but Not a total collapse, not just here but across all the markets
Boris Johnsons face & his demeanor yesterday, shows How shocked He was and he's not the only one on the Brexit side, lots are in a Panic
Moddy's have already Cut the UKs credit rating to Negative, meaning ALL that Borrowing Osborne has been doing is going to cost an awful lot more, IF He can still get those kind of amounts now anyway.
Straight away we learned - Oh No, all that £360 million will NOT be spent on the NHS, as it said all along the side of the Leave Bus in massive letters - So you were lied to
Daniel Hannon (Con) MEP - a leading member of the Leave Campaign is already saying, that what most People voted to leave about, is untrue and is Not what They meant or said at all - funny they never said this in the run up to the Vote - so even leading Leave members are scared to bits on whats happened
We're also being told, we better delay to make sure we get access to the Free market - even the most Diehard Leaving Politician (apart from UKIP) are admitting, that staying in the Free Market means, You still have to accept the free movement of Labour, which seemed to be the main reason People wanted out in the first place, also access to the Free market costs You money - So they were lied to there as well
We have blown Billions off of our European partners Stock markets and their Government finances, (and the Markets all over the World). But We are being told that they will welcome us with open arms as a trade partner on good terms (don't think so) Mostly we sell them Services, their own Service Industries will jump in to fill our place.
Just look what is being said on the Continent, by the Germans, the French, Italians etc etc, they want us hammered and crippling terms added to our leaving, so no one else will think about leaving
The UK Politicians are trying to go softly softly, trying to make the exit, as painless as possible, while the people we shafted in Europe want to kick Us out as fast and as harshly as they can manage.
The US, Chinese & other Foreign Financial Institutions will leave the City of London and move to Frankfurt or paris, before we are even out of the EU.
Rumors already that Morgan Stanley have plans in place already
Pound falling means Import prices rise, We Import an awful lot, so prices will rise in the shops and our Industry will pay more for raw materials ( which means any gain on cheaper exports nulified by extra csts)
Oil & petrol will get dearer (it's sold in $s, so will cost us more)
Remember The Germans are already trying to Merge the London Stock Exchange with Dutsche Boerse, Why would the merged Company need a London operation anyway if it's outside the main European market - better to have the whole operation in Frankfurt
What was called Scaremongering by the Brexiteers
is fast becoming the Reality
be afraid the Bad news has only just started
From Yesterday as He was taking to the stage for His speech
Does this look like the Face of a Winner ?
No, this is the face of someone who has made a disastrous choice and He now knows it.
Typical of politicians, when thing don`t go their way, they spit out their dummies and throw their rattles out of the pram.
