InfusedGravity wrote In recent news the EU Referendum just occurred for the UK. The majority of the citizens in the U.K. decided to vote to leave the EU. Now the aftermath has begun in the Global Market.

- British Pound drops lowest in 30+ years
- British FTSE stocks largest 1-Day drop since financial crisis
- It is predicted the U.S. Markets will open even lower. ( Source: BBC)

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What do you guys think?

The French stock markets have dropped even lower than ours, the majority of either EU countries stock markets suffering as well. Shows how much the EU relied on us, I just feel sorry for the Germans, hopefully they will get a referendum soon and then we will watch the EU crash.

The pound is obviously going to drop, you fail to mention that it has been less than a day and yes the pound has dropped but within a matter of hours it has risen up again and somewhat stabilised (yes, admittedly lower than what it normally is) but that's rather impressive. People need to also consider the reason for the last big decrease in the pounds value (which everyone keeps comparing this to) during the 80's which was to do with the EU dragging the value down. Give it some time and things will be back to normal when people realise this isn't the end of the world.

I am glad that WE WILL BE LEAVING (because some people seem to think we have already left, hence the panic) as I see this as an opportunity to pick and choose what we want, we will gain the ability to do exactly what suits us best and have so many more opportunities. Trade will boom, and the pound will more than likely rise to an all time high we just have to make sure that we as a country work together, and look on the bright side of things.

FourStar wrote

InfusedGravity wrote In recent news the EU Referendum just occurred for the UK. The majority of the citizens in the U.K. decided to vote to leave the EU. Now the aftermath has begun in the Global Market.

- British Pound drops lowest in 30+ years
- British FTSE stocks largest 1-Day drop since financial crisis
- It is predicted the U.S. Markets will open even lower. ( Source: BBC)

Link for more information:
[ Register or Signin to view external links. ]

What do you guys think?

The French stock markets have dropped even lower than ours, the majority of either EU countries stock markets suffering as well. Shows how much the EU relied on us, I just feel sorry for the Germans, hopefully they will get a referendum soon and then we will watch the EU crash.

The pound is obviously going to drop, you fail to mention that it has been less than a day and yes the pound has dropped but within a matter of hours it has risen up again and somewhat stabilised (yes, admittedly lower than what it normally is) but that's rather impressive. People need to also consider the reason for the last big decrease in the pounds value (which everyone keeps comparing this to) during the 80's which was to do with the EU dragging the value down. Give it some time and things will be back to normal when people realise this isn't the end of the world.

I am glad that WE WILL BE LEAVING (because some people seem to think we have already left, hence the panic) as I see this as an opportunity to pick and choose what we want, we will gain the ability to do exactly what suits us best and have so many more opportunities. Trade will boom, and the pound will more than likely rise to an all time high we just have to make sure that we as a country work together, and look on the bright side of things.

Never disagreed. Just reporting what I see ;). The Global Market tends to rubberband and around these political events. I saw the FTSE rise as well. I'm curious about Scotland though. Also will reporting on US market later when it closes.

I know the UK currency has gone up now which sucks.
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