Brexit.

[O.C.]

Yes Debs, that is interesting, very interesting in fact.

Brexit has brought many questions to the minds of many countries involvement with the EU. 

And now Blair, Sturgeon and others want to re-think the result,  and potentially block Brexit....only because it would expose them for their pocket lining  activities    

Blair is about as safe as a lit candle in a firework factory   

[GTRpilot]

Wait for the Chillcott report to come out, Mr Blair may have a few question's to answer, I would prefer it a court appearance though. No doubt he will be coated in Teflon 
Sturgeon is sabre rattling, trying not to be left out of the news about the referendum, I think she is after a quick referendum before the people see the real benefits start to emerge from leaving the EU.
I think they are to far down the line of saying the result must stand to go back and attempt to change it......but I wouldn't trust any of them as far as I could throw them, when their own interest's are at heart 

[virginiajim]

Are you going on about me buying the K1600 again. 

Wait for the Chillcott report to come out, Mr Blair may have a few question's to answer, I would prefer it a court appearance though. No doubt he will be coated in Teflon 

We had a teflon President once....Ronald Reagan.  Very well liked for the most part.  I'd vote for him again even though he passed away some years back.  Just liked him.

[gpink]

We also had Slick Willie.

[Kawdolph]

And todays silly trivia what was the biggest google search in the uk after the brexit result ,what is the eu.

[Charlie747]

And todays silly trivia what was the biggest google search in the uk after the brexit result ,what is the eu.

We had a teflon President once....Ronald Reagan.  Very well liked for the most part.  I'd vote for him again even though he passed away some years back.  Just liked him.

He would be a very relaxed President in his dead state Jim 🍻🍻🍻🍻😃

[O.C.]

He would be a very relaxed President in his dead state Jim 🍻🍻🍻🍻😃

wot.???...Reagan dead ?........when did that happen ?   

[virginiajim]

I'm sure he's not aware of it either.

[beegee]

Dont know if here are some financial people : but after the 'leave' at the EC in France , Uk lost some credibility in world too as expected. Meaning borrowing money will be more expensive for british people.  Also borrowing by government will be more expensive...
£ is still going lower, meaning imported goods will be more expensive too. Or going on holidays on the continent...

"S&P Global Ratings cut the U.K.'s top credit grade by two levels after the country voted to leave the European Union last week.

S&P lowered the rating to AA from AAA, citing the risk of a less predictable, stable, and effective policy framework in the U.K. The cut also "reflects the risks of a marked deterioration of external financing conditions" and constitutional issues arising from the majority of voters in Scotland and Northern Ireland having opted to remain in the EU."

[O.C.]

expected short term measures   

Britain has huge financial reserves, unlike many of its soon to be past EU member states

[Boomer]

expected short term measures   

Britain has huge financial reserves, unlike many of its soon to be past EU member states

If we have these "huge financial reserves" why do we as a country owe £1.7 TRILLION?
Like many I pray that the economy will recover, but I very much doubt it.

[PRD]

If we have these "huge financial reserves" why do we as a country owe £1.7 TRILLION?
Like many I pray that the economy will recover, but I very much doubt it.

i agree

[O.C.]

If we have these "huge financial reserves" why do we as a country owe £1.7 TRILLION?
Like many I pray that the economy will recover, but I very much doubt it.

I'm certainly not an economist George, and therefore I'm ill equipped to factually answer your question.

But I suspect that the Trillions that the country owes are a different thing to the reserves that the country has, in much the same way as any manufacturing business may owe money in respect of its manufacturing costs, raw materials etc., but still have assets in premises, stock etc, most businesses have trading debts, I think that in respect of a country its what's referred to as GDP ? ....maybe that's a strange comparison but it might provide some sort of explanation.

Any business will have trading debts whilst at the same time owning assets those debts are often greater in a manufacturing base

Perhaps our contributions to the EU have, in the past also contributed to the national debt   

[GTRpilot]

On the upside, I had breakfast this morning, as usual, walked the dogs and rode my GTR, every cloud.........
will it effect the "Ordinary people" the political elite keep referring to, or just the corporates, banker's, big business's etc? Does anybody know or is it just speculation until / if they pull the trigger on article 50. Bit like the immediate budget after the referendum which would mean increased everything according to Osborne, apparently now it may be in autumn.
One thing I think will happen, we'll have a second referendum 

[Phill_York]

On the upside, I had breakfast this morning, as usual, walked the dogs and rode my GTR, every cloud.........
will it effect the "Ordinary people" the political elite keep referring to, or just the corporates, banker's, big business's etc? Does anybody know or is it just speculation until / if they pull the trigger on article 50. Bit like the immediate budget after the referendum which would mean increased everything according to Osborne, apparently now it may be in autumn.
One thing I think will happen, we'll have a second referendum