Cyprus-Forum.com

[Tim Drayton]

For decades, Rupert Murdoch has been able to call the result of every poll that has been held in the UK. I dared to hope that this would be the poll that would break his power. Sadly, the toxic right-wing tabloids retain their sway over a significant portion of the British working class.

[miltiades]

Sterling taking a bashing, down by 6% against the Euro since yesterday. Who knows how far down will go today, still the vast majority of Brits haven't a clue when it comes to currency, no wonder there are queues at airport exchange bureaus buying or selling Euros at ludicrous rip off rates.

The repercussions will be felt in the days to come. As for immigration, well the third world would continue to arrive in the UK WHILST THE European ONE WILL OBVIOUSLY IN TIME DECLINE.

As for me personally, my little bit of UK wealth will decline immediately on arriving in Cyprus. Lets say one returns with £100,000 STG, the loss will be 6000 plus Euros, a serious drop !! In days ahead Sterling will fall further, perhaps to one Euro to one STG.

However this is democracy, the people have decided, one must respect the decisions of the majority, a fundamental principle of democracy, though applicable only in the select few countries....

[Maximus]

Im waiting to see what happens to the FTSE when the London Stock exchange opens.

If the leave camp win, or maybe just to catch up with the overnight news, a 30-50% devaluation and billions more pounds gone I reckon.

What does that tell you about the 'system'? The drops whether currency or markets are due to speculators! Speculators and the revenge of the EU hierarchy, not the UK's decision will cause the hardships. The Bankers have apparently already made millions on speculation in the last few hours.

Nothing has changed since yesterday except a vote. The biggest threat is that the European Government will now try to make the UK pay for its 'mistake' to deter others from taking the same route. But they should remember what happened when they tried to punish Russia! The decision to impose sanctions as dictated by the US, cost the EU billions as Russia put up their own tradebarriers and the Russians turned else where.

To me the referendum question was wrong! It should have been a choice between a Europe as a trading block and a Federal Europe ...... and ALL EU countries should have voted. Now .... that result would be far easier to predict.

Now all there is on TV are the usual mouthpieces giving their opinions .....catastrophic, disaster, calamitous, tragic, appalling etc ........the same mouthpieces that get it wrong in the lead up to the Brexit vote and misjudged the will of the people.

it keeps going down, nearly 20 US cents to the pound in one night. Thats extraordinary.

It takes a shit load of money to move the currency markets this much. Investors, speculators, commercials, they dont like it because there is a lot of uncertainty about the future.

[miltiades]

The end of the day will prove disastrous for Sterling against the Euro and the Dollar. The pound continues its downward journey . The financial repercussions will be disastrous for the UK, STILL I SUPPOSE WE HAVE ....REGAINED OUR SOVEREIGNTY !

[repulsewarrior]

...the words, 'precious isolation" come to mind.

[Tim Drayton]

The end of the day will prove disastrous for Sterling against the Euro and the Dollar. The pound continues its downward journey . The financial repercussions will be disastrous for the UK, STILL I SUPPOSE WE HAVE ....REGAINED OUR SOVEREIGNTY !

Sadly not. The UK will be weaker in the world as a small ex-imperial island isolated on the fringes of Europe of which it is not a part. It has become less sovereign and most probably will become even more of a poodle of the US.

[miltiades]

The end of the day will prove disastrous for Sterling against the Euro and the Dollar. The pound continues its downward journey . The financial repercussions will be disastrous for the UK, STILL I SUPPOSE WE HAVE ....REGAINED OUR SOVEREIGNTY !

Sadly not. The UK will be weaker in the world as a small ex-imperial island isolated on the fringes of Europe of which it is not a part. It has become less sovereign and most probably will become even more of a poodle of the US.

My comments on regaining our sovereignty were sarcastic Tim, since the vast majority of Brits actually believed in this total nonsense.
Its a disaster for Britain as it enters uncharted waters. Sterling will become weaker by the day. The Brits will soon realize what a blunder this has been. Still. I'm getting out but much poorer than yesterday.

[miltiades]

The end of the day will prove disastrous for Sterling against the Euro and the Dollar. The pound continues its downward journey . The financial repercussions will be disastrous for the UK, STILL I SUPPOSE WE HAVE ....REGAINED OUR SOVEREIGNTY !

Sadly not. The UK will be weaker in the world as a small ex-imperial island isolated on the fringes of Europe of which it is not a part. It has become less sovereign and most probably will become even more of a poodle of the US.

My comments on regaining our sovereignty were sarcastic Tim, since the vast majority of Brits actually believed in this total nonsense.
Its a disaster for Britain as it enters uncharted waters. Sterling will become weaker by the day. The Brits will soon realize what a blunder this has been. Still. I'm getting out but much poorer than yesterday.

[Tim Drayton]

There is only one thing I can predict with confidence. I didn't want it to come to this, but those of us who supported the UK remaining in will now be offered abundant opportunities to turn round and say, "We told you so". For one thing, as the British economy collapses, you can be sure that the UK will no longer be a magnet for migrants.

[Tim Drayton]

The end of the day will prove disastrous for Sterling against the Euro and the Dollar. The pound continues its downward journey . The financial repercussions will be disastrous for the UK, STILL I SUPPOSE WE HAVE ....REGAINED OUR SOVEREIGNTY !

Sadly not. The UK will be weaker in the world as a small ex-imperial island isolated on the fringes of Europe of which it is not a part. It has become less sovereign and most probably will become even more of a poodle of the US.

My comments on regaining our sovereignty were sarcastic Tim, since the vast majority of Brits actually believed in this total nonsense.
Its a disaster for Britain as it enters uncharted waters. Sterling will become weaker by the day. The Brits will soon realize what a blunder this has been. Still. I'm getting out but much poorer than yesterday.

Sure, I understood that, mate, I just felt it was a good idea to labour the point for the benefit of those who didn't get it.