UK Referendum Thread [Moderator Sanctioned]

[San Lumen]

No its not. Im suggesting they act like adults and respect the result of the referendum and not cut jobs and threaten to move their HQ's. That's like a five year old throwing a tantrum because they don't like something or their toy was taken away. They could all collectively refuse to sell and prevent investors from crashing the economy. That shouldn't be illegal. If i was Prime Minister I'd prevent capital flight an if I was in banking I wouldn't sell nor cut jobs and work with others to prevent selling and crashing of the economy. I don't consider that insider trading

What you consider doesn't matter. It is insider trading.

It is exactly "manipulating the markets in favour of Leave politicians".

Well I don't consider it insider trading and it shouldn't be illegal. Banks should have refused to sell to prevent the pound from crashing. I don't consider it fraud and collusion to save investors from panic selling and and outright stupidity and childish behavior. I would have refused to sell and every other bank should have done the same or they could have simply stopping trading and prevented selling on the pound.

[Alvecia]

What you consider doesn't matter. It is insider trading.

It is exactly "manipulating the markets in favour of Leave politicians".

Well I don't consider it insider trading and it shouldn't be illegal.

Wow, good job the law doesn't work like that, eh?

[Ifreann]

What you consider doesn't matter. It is insider trading.

It is exactly "manipulating the markets in favour of Leave politicians".

Well I don't consider it insider trading and it shouldn't be illegal.

What you consider doesn't matter. It is insider trading.

Banks should have refused to sell to prevent the pound from crashing. I don't consider it fraud and collusion to save investors from panic selling and and outright stupidity and childish behavior. I would have refused to sell and every other bank should have done the same or they could have simply stopping trading and prevented selling on the pound.

I really cannot fathom your thought processes here. Banks don't work for the people of Great Britain. Investment managers don't work for the people of Great Britain. The global financial sector does not work for the people of Great Britain. They do not have any responsibility to act in the interests of the people of Great Britain or to respect their wishes. They do not have any responsibility to protect the economy of Great Britain or the value of the pound sterling.

But you keep saying that the whole fucking world should have come together and cooperated to make sure that Britain could leave the EU without the British economy suffering in the slightest. You seem to think that they didn't do this because they wanted to punish Britain for deciding to leave the EU. And I cannot grasp why you think these things.

[Vassenor]

Well I don't consider it insider trading and it shouldn't be illegal.

What you consider doesn't matter. It is insider trading.

Banks should have refused to sell to prevent the pound from crashing. I don't consider it fraud and collusion to save investors from panic selling and and outright stupidity and childish behavior. I would have refused to sell and every other bank should have done the same or they could have simply stopping trading and prevented selling on the pound.

I really cannot fathom your thought processes here. Banks don't work for the people of Great Britain. Investment managers don't work for the people of Great Britain. The global financial sector does not work for the people of Great Britain. They do not have any responsibility to act in the interests of the people of Great Britain or to respect their wishes. They do not have any responsibility to protect the economy of Great Britain or the value of the pound sterling.

But you keep saying that the whole fucking world should have come together and cooperated to make sure that Britain could leave the EU without the British economy suffering in the slightest. You seem to think that they didn't do this because they wanted to punish Britain for deciding to leave the EU. And I cannot grasp why you think these things.

Especially when it was made clear this is what would happen. Repeatedly.

Or this just because you can't write it off as scaremongering now?

[Zeinbrad]

What you consider doesn't matter. It is insider trading.

It is exactly "manipulating the markets in favour of Leave politicians".

Well I don't consider it insider trading and it shouldn't be illegal. Banks should have refused to sell to prevent the pound from crashing. I don't consider it fraud and collusion to save investors from panic selling and and outright stupidity and childish behavior. I would have refused to sell and every other bank should have done the same or they could have simply stopping trading and prevented selling on the pound.

It's okay to admit you were wrong.

[Lexten]

I really cannot fathom your thought processes here. Banks don't work for the people of Great Britain. Investment managers don't work for the people of Great Britain. The global financial sector does not work for the people of Great Britain. They do not have any responsibility to act in the interests of the people of Great Britain or to respect their wishes. They do not have any responsibility to protect the economy of Great Britain or the value of the pound sterling.

But you keep saying that the whole fucking world should have come together and cooperated to make sure that Britain could leave the EU without the British economy suffering in the slightest. You seem to think that they didn't do this because they wanted to punish Britain for deciding to leave the EU. And I cannot grasp why you think these things.

Especially when it was made clear this is what would happen. Repeatedly.

Or this just because you can't write it off as scaremongering now?

But the scaremongering is what led to the pound crashing. It was a self-fulfilling prophecy.

[Vassenor]

Especially when it was made clear this is what would happen. Repeatedly.

Or this just because you can't write it off as scaremongering now?

But the scaremongering is what led to the pound crashing. It was a self-fulfilling prophecy.

How so?

[San Lumen]

I really cannot fathom your thought processes here. Banks don't work for the people of Great Britain. Investment managers don't work for the people of Great Britain. The global financial sector does not work for the people of Great Britain. They do not have any responsibility to act in the interests of the people of Great Britain or to respect their wishes. They do not have any responsibility to protect the economy of Great Britain or the value of the pound sterling.

But you keep saying that the whole fucking world should have come together and cooperated to make sure that Britain could leave the EU without the British economy suffering in the slightest. You seem to think that they didn't do this because they wanted to punish Britain for deciding to leave the EU. And I cannot grasp why you think these things.

Especially when it was made clear this is what would happen. Repeatedly.

Or this just because you can't write it off as scaremongering now?

It was banks and investors acting like spoiled children because they didn't get their way. I don't consider refusing to sell or banks stopping trading on the pound to be insider trading. Colluding with other banks shouldn't be illegal. I lot of people I know agree with me.

[Alvecia]

Especially when it was made clear this is what would happen. Repeatedly.

Or this just because you can't write it off as scaremongering now?

It was banks and investors acting like spoiled children because they didn't get their way.

Errr...it was banks and investors acting like banks and investors because it's their fucking job.

[San Lumen]

It was banks and investors acting like spoiled children because they didn't get their way.

Errr...it was banks and investors acting like banks and investors because it's their fucking job.

I disagree by selling the pound they helped tank it and nearly crashed the economy.

[Alvecia]

Errr...it was banks and investors acting like banks and investors because it's their fucking job.

I disagree by selling the pound they helped tank it and nearly crashed the economy.

And likely saved themselves and their clients from losing much more.
Job's a good 'un

[San Lumen]

I disagree by selling the pound they helped tank it and nearly crashed the economy.

And likely saved themselves and their clients from losing much more.
Job's a good 'un

If they didn't sell they wouldn't have lost anything. I don't consider that insider trading or fraud.

[Alvecia]

And likely saved themselves and their clients from losing much more.
Job's a good 'un

If they didn't sell they wouldn't have lost anything.

I think I'll leave that to the financial experts to decide.
You know.
The ones that decided to sell.

[Vassenor]

If they didn't sell they wouldn't have lost anything.

I think I'll leave that to the financial experts to decide.
You know.
The ones that decided to sell.

But they're part of the massive conspiracy so of course they would say that.

[Great Nepal]

And likely saved themselves and their clients from losing much more.
Job's a good 'un

If they didn't sell they wouldn't have lost anything. I don't consider that insider trading or fraud.

No they'd have because everyone else would have sold, we've been through this before. Before that you also admitted you'd be fired after screwing over your clients.

[Imperializt Russia]

Especially when it was made clear this is what would happen. Repeatedly.

Or this just because you can't write it off as scaremongering now?

It was banks and investors acting like spoiled children because they didn't get their way. I don't consider refusing to sell or banks stopping trading on the pound to be insider trading. Colluding with other banks shouldn't be illegal. I lot of people I know agree with me.

collusion
kəˈl(j)uːʒ(ə)n/Submit
noun
secret or illegal cooperation or conspiracy in order to deceive others.
"the armed forces were working in collusion with drug traffickers"
synonyms: conspiracy, connivance, complicity, intrigue, plotting, secret understanding, collaboration, scheming
"there has been collusion between the security forces and paramilitary groups"

[Lexten]

But the scaremongering is what led to the pound crashing. It was a self-fulfilling prophecy.

How so?

The scaremongering scared the investors, who (after the Brexit vote) then thought that the pound was too risky and worth less, so it became worth less.

[Vassenor]

And besides, do you honestly think that ranting about tinfoil conspiracies on the internet is somehow going to magically reverse all the economic changes that were predicted long in advance of the vote, and people went into the vote knowing full well that a Leave result would have those consequences?

[Great Nepal]

How so?

The scaremongering scared the investors, who (after the Brexit vote) then thought that the pound was too risky and worth less, so it became worth less.

So now it's gone from expert economists are wrong to people whose entire job is to accurately predict currency movements, and who are making quite good living based on that, are uniquely incompetent when it comes to Brexit and are selling based on wrong expert opinion or public opinion rather than relying on their algorithms, and in house mathematics they've been using for every other transaction... or maybe telling our biggest trading partner to suck it without having any remotely recognisable plan was not a genius idea like experts suggested and traders actually know what they're doing?
Out of curiosity, how much have you invested in buying pounds; given its merely under all due to scaremongering and when market returns to its senses, it'll return to normal making you awesome profits?

[Taviana SSR]

Brexit is due to the people wanting freedom from EU tyranny.

[Souseiseki]

Brexit is due to the people wanting freedom from EU tyranny.

tell us about this EU tyranny

[Great Nepal]

Brexit is due to the people wanting freedom from EU tyranny.

Name me one EU tyranny imposed on UK, please go on.

[The Alma Mater]

Brexit is due to the people wanting freedom from EU tyranny.

Considering Britain still needs to trade with the EU, I daresay the brexit will achieve the exact opposite.

[Vassenor]

Brexit is due to the people wanting freedom from EU tyranny.

"A post-Brexit UK may be less about “taking back control” and more about giving it away in return for a trade deal. And, in any case, no major economy will want to do a deal with the UK until they see what form Brexit takes."

[Ifreann]

Especially when it was made clear this is what would happen. Repeatedly.

Or this just because you can't write it off as scaremongering now?

It was banks and investors acting like spoiled children because they didn't get their way.

No they fucking weren't. Oh my god, how do you not understand this? Banks and investors don't give two shits about anything except their bottom line. They are not punishing Britain for voting to leave the EU. They are protecting their own profits. That is all they care about. That is all they ever have or ever will care about.