Brexit Financial collapse 10x worse than 2008

Poker_Star
Poker_Star

Are you guys ready for the next financial collapse that is caused by brexit and that will lead to fiat currency collapse. It will be 10 times worse than the great depression and 20 times worse in the uk. Your gdp will shrinl by 30% due to hyperinflation and negative interest rates. All stocks will go down 60% and ftse 70% and dow 80%. The whole system will crash there will be no Veeky Forums or international trade for 3 days. And the imf will call for an emergancy meeting with the g20 nations and agreeing on a world currency and a global exchange rate mechanism, which one step closer to a eorld government. Brexit wall planned all along with the elite. The eu was for bank regulation and was anti elite. Thanks a lot brexitters for causing a financial doom

Carnalpleasure
Carnalpleasure

in a healthy economy Brexit would barely register globally. If anything it will simply be the needle that pricks a bubble that would inevitably have popped sooner or later. I'm sure some will try to pin it on the british to avoid taking the blame for their disastrous policies.

Flameblow
Flameblow

@Poker_Star
Are you off your meds again user?. Please see a doctor :)

BlogWobbles
BlogWobbles

@Poker_Star
i bet nothing happens cause of brexit.
the sad fact is the 2008 crisis is not yet over it has been masked not resolved or weathered.

LuckyDusty
LuckyDusty

Well so far I've made 14% off investing in netflix while everyone was panic from brexit.

Nude_Bikergirl
Nude_Bikergirl

Why wont any of you debate me

Lunatick
Lunatick

@Poker_Star
Kraut crying out DB derivates ;__; ?

It's your own fault that you gave so much money to Greece and other sinkholes. Britain had it's "dark times" with Iceland but i think it resolved as it should, banks taking the risk, not Iceland.

How odd that there has not been any news on France banks yet, since they are in same boat with Germany/Italy.

farquit
farquit

@Lunatick
Kraut crying out DB derivates ;__; ?
It's your own fault that you gave so much money to Greece and other sinkholes. Britain had it's "dark times" with Iceland but i think it resolved as it should, banks taking the risk, not Iceland.
How odd that there has not been any news on France banks yet, since they are in same boat with Germany/Italy.

Db collapse will be mickey mouse crash compared to the brexit apocalypse

RavySnake
RavySnake

@Flameblow
Nope

eGremlin
eGremlin

@RavySnake
you sure typed like you were off

PurpleCharger
PurpleCharger

@Lunatick
Germany didn't give much money to Greece. Over 90% of money from the package went straight back to German and French banks, a meager 5% was left to the Greek.

CodeBuns
CodeBuns

Come on now...at least you could have a pretty bitchin vacation to Britain...if it weren't for the Muslims that Tony Blair and the EU let in

GoogleCat
GoogleCat

The ruskies are at it again.
The west is DOOMED!
Join the Saviet yunyo... Erm, Russian Federation.
Nothing will change.
Markets will swing a lot, some people will profit (pay attention to those), some people will lose, us common folk won't notice much, other than a temporary price increase.

Stupidasole
Stupidasole

@CodeBuns
The UK muslims are from the colonies.

Nojokur
Nojokur

@PurpleCharger
Of course the money goes to the Banks because they had lent grease the money in the first place.

Lunatick
Lunatick

@Nojokur
Well fuck me, I misread. Thought he was stating the consequence, not the cause.

BlogWobbles
BlogWobbles

@Dreamworx
Are Nige used to be a commodities trader in the City of London
Are Nige was actually part of the establishment and part of a 20 year old plot to bring around a global government

CouchChiller
CouchChiller

Britain votes to leave the EU
Britain negotiates a trade deal with the EU and other countries
Literally nothing will change besides uncertainty, volatility and lefties/Yuropoors getting butthurt
Britain will pursue tax haven status. We're already going that way with lower corporation tax and attempts at free trade deals with other countries. We don't have to worry about Italians arguing with Australians over tinned tomato exports anymore.

Spamalot
Spamalot

@CouchChiller
Britain will pursue tax haven status. We're already going that way with lower corporation tax and attempts at free trade deals with other countries. We don't have to worry about Italians arguing with Australians over tinned tomato exports anymore

Britain should be regulating it's banks or else 2008 could happen again. Britain should appoint robert greizman or noam chomsky as the head of bank of england and also britain should have a high top tax rate. There's a reason why wages stagnated during the 80s it was due to reaganmoics

Methshot
Methshot

@Spamalot
Banks are more regulated now. They've been downsized and have better capital buffers. Fuck regulation tho. Laissez faire free market economy a NOW!

Burnblaze
Burnblaze

All according to plan.

Evil_kitten
Evil_kitten

@Methshot
Fuck regulation tho.
this altho some regulation like environmental and safety / health is unavoidable.

New_Cliche
New_Cliche

@Methshot
So you want a repeat of 2008 and the great depression? 2008 could've been averted if the banks were regulated and also inequality rises with less regulations

Fried_Sushi
Fried_Sushi

@BlogWobbles
The only reason Nigel was butthurt at the EU was because globalisation ended his little gentlemen's club illusion in the city when all the international banks moved in

Need_TLC
Need_TLC

@Methshot
Free markets self regulate against externalities

Boy_vs_Girl
Boy_vs_Girl

@New_Cliche
@Need_TLC
I work for the government. I'd rather market forces were left to take control of most things, but desu the irrationality of emotions and politics makes money-making on the market rather easy. Brexit is a key example of this. The markets didn't account for it much at all and so the correction was huge. I've made a very tidy sum from Brexit, although given the fact that the £ has slumped so much, strictly speaking, I'm no better off than I was beforehand in $ terms. For the moment tho I'm rolling in depreciating pounds sterling.

Snarelure
Snarelure

@Boy_vs_Girl
Market forces are generally efficient at organising labour and production.

However, negative externalities need to be regulated and competition needs to be maintained and nurtured. Usually this requires state intervention in the form of legislation or state ownership of natural monopolies.

Stock markets and actual markets of traded 'goods' like labour and raw materials are very different beasts.

StonedTime
StonedTime

@Poker_Star
the EU was anti elite
Bahahahaha

AwesomeTucker
AwesomeTucker

The eu was for bank regulation and was anti elite
>>>>>>>was anti elite

literally founded by a group of old super-kikes hellbent on one world government
shadier and more corrupt than the shadiest abbreviated American gov't organisation

Are you fucking deluded?

Fuzzy_Logic
Fuzzy_Logic

The eu was for bank regulation and was anti elite.

StrangeWizard
StrangeWizard

@StonedTime
It's true the euro is the currency that is against the us dollar

BunnyJinx
BunnyJinx

@Poker_Star
Hello Swedish cuckposter

It will be worse for €uropoors :)

Emberfire
Emberfire

@BunnyJinx
I am not even swedish, please go back to /pol/

girlDog
girlDog

@Poker_Star
Are you guys ready for the next financial collapse that is caused by brexit and that will lead to fiat currency collapse.
I think it wont be as severe as 2008 but it'll last way longer. Employment stays high, gas stays low. Stocks slide slowly and forex gets clogged. This will confuse Wall Street and banks, equity holders will start to get frustrated with diminished returns and spend/invest in frivolous ventures like mega club casinos and artificial islands. Then inflation hits with mondo 5-15% for a handful of years. This collapses the real estate bubble. The DJIA bottoms out around $13,000. Gold tops off at $5,000. Civil unrest forces governments to fix budgets to a 2% cap on deficits. Countries that can't manage that default. Income gap closes.

@BlogWobbles
More stimulus w/ Brexit excuse will stave the bears for 9 months tops IMO.

Poker_Star
Poker_Star

@girlDog

This is one of the most absurd, uneducated opinions I've ever heard.

Techpill
Techpill

@Poker_Star
Dweebs can't handle the truth.

WebTool
WebTool

if the markets continue to function, i'll be shorting on the way down.

Need_TLC
Need_TLC

If you're waiting for the End, you might be waiting a lot longer than you think.

Spamalot
Spamalot

@BlogWobbles
It is over you poor fucking faggot.

King_Martha
King_Martha

No well off country would want to join a worldwide currency. Plus you have antagonistic countries that wouldn't want to join in. I don't think it will happen.

Evil_kitten
Evil_kitten

@BlogWobbles

My Little England Can't Be This Cute!

Booteefool
Booteefool

@Poker_Star

This is one of the most absurd, uneducated opinions I've ever heard

Welcome to Veeky Forums.

Lord_Tryzalot
Lord_Tryzalot

caused by Brexit

No it's not caused by Brexit you retard fuck.

viagrandad
viagrandad

@Poker_Star
So when is it coming??

BlogWobbles
BlogWobbles

@viagrandad
When article 50 triggers

CodeBuns
CodeBuns

@Poker_Star
The eu was for bank regulation and was anti elite.

Nude_Bikergirl
Nude_Bikergirl

@Spamalot
you poor deluded cuck.
2008 is still here with us fed money printing inflated the stock market and other assets nothing else happened just more tension in the economy. no fundamentals changed. banks lost some bad loans so it's seemingly more stable but i don't buy it.

Deadlyinx
Deadlyinx

@Emberfire
You posted this on /pol/ at least three times. Kys.

WebTool
WebTool

@girlDog
How'd you get $5000 for your gold number? Just a guess?

VisualMaster
VisualMaster

@Poker_Star
Honestly, I was on Veeky Forums from the start, but took a hiatus for a bit more than a year, and I can't believe some of these people.

This thread is fucking insane, Brexit has just shown us that the markets are stronger than we thought.

Methnerd
Methnerd

@WebTool
How'd you get $5000 for your gold number? Just a guess?
Just a guess, relative to historical movements. I think a classical economic model transition is upcoming, if it does gold could do much, much higher than $5,000 at key points because of how the looney confidence games would play out.
@VisualMaster
This thread is fucking insane, Brexit has just shown us that the markets are stronger than we thought.
As if another recession isn't imminent, and couldn't possibly be drastically more severe than 2008.

Snarelure
Snarelure

The eu was for bank regulation and was anti elite
and was anti elite

Retard spotted. Kill yourself and never post again.

StonedTime
StonedTime

@Nojokur
so it is only the debitor's fault and the lender deserves no consequences for his shitty investments? Poor individuals that were unaware agents in a macroeconomic wave caused by the eurozone as a non-optimal currency area deserve to starve to death while we pump the belly of aware speculators that voluntarily lent money to them in order to drive them out of their wealth because "m-muh protestant work ethics that basically means I can be a disgusting cunt and I will always be defended because prejudices". Kys.

CouchChiller
CouchChiller

@Lunatick
It's your own fault that you gave so much money to Greece and other sinkholes.
This meme needs to die. Germany never gave money to everyone. Everytime they were saying "I am giving money to X", what they were doing was actually giving money to themselves. Stop listening to hearsay and actually study you fucking ignorant cunt.

Nojokur
Nojokur

@VisualMaster
It's shown the markets are existing in a complete fantasy land. Wages are still stagnant and every time economic indicator has been obscured by quantitive easing. The middle class is being squeezed and the working class is as disenfranchised as ever.

CodeBuns
CodeBuns

@Nojokur
This, We must deregulate the markets and force corpartions to hire american/european and not cheap labor like mexicans or poles that's why wages have been stagnant

Firespawn
Firespawn

@CodeBuns
This

BlogWobbles
BlogWobbles

@New_Cliche
"Inequality" is a good thing, you Marxist. It's signals that the state hasn't managed to stifle all entrepreneurship and that it's still possible to grow rich.

@StonedTime
bigot
loaning money makes you a terrible person
socialism is great
what happened to greece isn't the country's fault

>>>/reddit/

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