Home › Forums › Financial Markets/Economics › The Donald Trump, Illegal Alien, Foreigner, Immigrant Bitch and Moan Thread
- This topic has 191 replies, 24 voices, and was last updated 6 years, 10 months ago by no_such_reality.
June 22, 2016 at 7:13 AM #22020June 22, 2016 at 8:28 AM #798954
Buying popcorn and beer. Whichever way it goes, should be a fun show!June 22, 2016 at 10:12 AM #798955no_such_realityParticipant
I’ve pretty much learned over the last decade that I do much better when I stick with my program and ignore Brexit and any other issue du jour. The markets priced them in months ago. There are armies of analysts figuring out how to play it and they’re covering both sides.
Sure, occasionally, they’ll get it wrong and a single entity will be over exposed. I’m still not convinced LTCM which was resolved by the market or AIG, resolved by the Government, wouldn’t have actually created a healthier market long term should it have been allowed to fail.
So I stick with my process of spending an hour or so a month looking at my next move. When I react to things like Brexit, by the time it gets to the media and I react, I’m just running with the sheep. The market players moved months ago.June 22, 2016 at 11:31 AM #798959FlyerInHiGuest
Maybe buy a small flat in London after Brexit.
Just like here, there is a lot of anti-immigrant sentiment in Britain. There is resentment against global professionals which London is full of, so in the short term of Brexit, the economy, housing and the pound would take a beating.June 22, 2016 at 11:41 AM #798960
London was full of immigrants even before the EU was a major force. I remember London in the early 90s — it was very multi-ethnic.
I wonder why they’re not whining about Commonwealth membership. A lot of their immigrants come from Commonwealth countries, and historically, there’s been a lot of racist sentiment.
Maybe restricting students and workers from the rest of the Commonwealth will be next? 🙁June 22, 2016 at 11:45 AM #798961FlyerInHiGuest
London is not England. They elected a Muslim mayor. London is like NYC.
Brexit is like theTrump phenomenon we have here. Ugly nativist anti-immigrant sentiment.June 22, 2016 at 11:51 AM #798962
The UK has been plenty multi-ethnic since they acquired colonies. I’ll bet that there are more immigrants that incite racist sentiment from Commonwealth countries (former colonies) than from the EU.
Brexit is silly. The UK already is not a part of Schengen, and maintains its own immigration controls. They can allow and deny non-EU citizens at will. They also have their own currency and central bank.
Yet their subjects can live/work anywhere in the EU, which is an advantage for them. They have the best of both worlds now.
I think Brexit is dumb, but I don’t mind the uncertainty and chaos that is coming from the vote.June 22, 2016 at 11:55 AM #798965FlyerInHiGuest
Yes, the U.K. has a special EU deal. Educated people know that. But the masses want scapegoats. Cameron is supporting stay but he enabled Brexit by offering the referendum. It’s like the republicans enabling Trump, and then oops surprise!
I kinda want Brexit to teach the Brits a lesson. But that would be bad for us and global growth. So, no, I don’t want it.June 22, 2016 at 11:59 AM #798966
Bad for the US and global growth is good for buy-and-hold investors like you if they want to pick up more property. Why not kick back and root for it? A worldwide decrease in interconnection will hit property prices in the US as well, which would allow you to buy more at a better price.
Eventually, people will come to their senses, but not before some blessed opportunities present themselves.June 22, 2016 at 12:10 PM #798968FlyerInHiGuest
I’m not greedy. I want a good prosperous economy and I want to be out there enjoying it with everyone. I don’t like the dour mood.June 22, 2016 at 12:15 PM #798969
I’m greedy when fools (most people who buy property during a bubble) are concerned. A small % of people get foreclosed due to health, death in family, loss of job reasons. I feel sorry for them.
However, the majority of foreclosure and short sale owners were just blithering idiots, who took a loan ass-u-ming their income would somehow triple in five years. If they read the terms and conditions at all.June 22, 2016 at 1:53 PM #798971FlyerInHiGuest
It’s not healthy to root for something you can’t control and invest an emotional stake. Que sera sera. Just embrace change, adapt and try to prosper.
The Brexit leave camp will be unhappy no matter what. They say “we want our country back” but that’s not going to happen. The correct motto should be “Our country is changing, let’s embrace the changes and make the country better”.June 23, 2016 at 6:12 PM #798988SK in CVParticipant
S&P futures down $52
Make that $42
Make that $46
Dow futures down $350
shit’s going crazy.June 23, 2016 at 6:51 PM #798990CoronitaParticipant
I bought some VXX yesterday just in case. But I think when the votes are talied , stay will probably win.June 23, 2016 at 9:00 PM #798991CoronitaParticipant
Holy shit. Kitco is showing gold and platinum went up like $80 overnight. I was regreting buying metals and selling 1/2 of my 401k and vanguard stock fund yesterday…I guess I got lucky this time….
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