M_B

If a stock market crashes, the economy crashes and everyone loses their jobs. And if the banks fail, your taxes will be used to prop them up. Again. That's why.

Yeah. And yields are at their lowest ever. The problem now is the FTSE has recovered and is now high, while our banks have fallen since day 1. If the FTSE repeats that fall, our banks will be on the ropes.

Yes thats good. In summary - Politicians in being dishonest shocka

As it stands we will have no legal right to relocate a refugee to an EU member state they have travelled through.

Bank of England is going to start Quantitive Easing next week and might cut Banks capital requirements as well according to Bloomberg. In other words, it is worried about British Banking liquidity (cause they have been humped since the vote) and they want them to lend to stimulate the economy. Edit: Gove has said he will not trigger article 50 this calender year.

To answer my own question "The position on removal to other countries in the European Union is governed by a regulation, which came into force in September 2003, known as “Dublin II“. This sets out criteria for determining which member state is responsible for examining any asylum claim made within the EU. One of the main criteria is the point of entry into the EU. Unless other factors such as family unity or existing residence documents are in issue, the member state into which the person first arrived from outside the EU will be responsible for determining any claim for asylum made within 12 months. After that time responsibility lies with the last member state where the asylum seeker has lived continuously for a period of at least five months." So it is an EU regulation. However we won't be in the EU, so presumeably we would have no legal right to return an asylum seeker to an EU member state.

I don't see that stated in the document. One member state yes, but it doesnt state it must be the first country the immigrant enters anywhere in that document. That fact is, it isn't international law. Its an agreement between EU nations. But we won't be part of the EU anymore, so its up to them. In reality though I agree - I think all European countries will work together to solve the refugee crisis. I don't think this will be lumbered upon us just because we leave.

Don't be so sensitive - I didn't know if I was wrong or right. I was asking. As it happens though, these appear to disagree with you http://www.refugeecouncil.org.uk/policy_research/the_truth_about_asylum/facts_about_asylum_-_page_4 There is nothing in international law to say that refugees must claim asylum in the first country they reach. A European regulation allows a country such as the UK to return an adult asylum seeker to the first European country they reached. This means that countries on the edge of Europe have responsibility for a lot more asylum seekers than others. Some of the countries through which people travel to get to Europe are not safe places and many have not signed the Refugee Convention, meaning that people who remain there will not get international protection and be able to rebuild their lives. https://www.theguardian.com/commentisfree/libertycentral/2010/sep/21/claim-asylum-uk-legal-position There is no obligation under the refugee convention or any other instrument of international law that requires refugees to seek asylum in any particular country. There has, however, been a longstanding "first country of asylum" principle in international law by which countries are expected to take refugees fleeing from persecution in a neighbouring state. This principle has developed so that, in practice, an asylum seeker who had the opportunity to claim asylum in another country is liable to be returned there in order for his or her claim to be determined. The immigration rules state, however, that the secretary of state will only remove an asylum seeker to a safe third country if there is clear evidence that the country concerned will admit the person. This will be so if the person has arrived in the UK via another safe country and had an opportunity at the border of or within that country to claim asylum. The mere fact that the person has passed through another country does not necessarily mean there was an opportunity to claim asylum; if an agent planned the journey and the person was hidden in a vehicle for the duration of it, for example, there is unlikely to have been any realistic opportunity for the person to approach the authorities. But on the whole I think Europe would naturally work together to home refugees.

As regards immigration Would I be right in thinking that the EU will be under no obligation to stop refugees getting to the UK? In fact they could actually encourage it to help their own immigration problems. All they need to do is to claim Political asylum once they are here. Easy.

Immigration will still happen - just at the rate we need and set for ourselves Maybe. Depends on what we agree with the EU. Immigration from outside the EU will continue as normal We will still sell things to the rest of the EU Agreed We will still buy things from them Agreed The seas around our coasts will be fished solely by UK fishermen once gain, an industry that will be able to reverse declines There will still be quotas. Or there will be no fish to fish. We will be able to support any of our industries that need support If we can afford it. House prices will start to become more affordable Only if we have a recession. Otherwise they won't. We will sell more to the rest of the world True We will be responsible for our own laws. If you don't like them - vote for the opposition We already were. We will once again be responsible for our own destiny lovely stuff. We will not be part of the EU when it eventually folds in on itself - it's only a matter of time. You hope.

He has 1 year left on his contract and wants to move, but he is being linked with everyone. His agent is doing a good job of offering him around.

He's an odious little cunt. Reminds me of this fella

Yet our banks continue to be bummed.

Majority of them voted out anyway.

Plenty of people have savings

From the BBC - Interest rate cuts and quantitative easing. Say goodbye to your savings folks. " More from Bank of England governor Mark Carney who has signalled interest rates could be cut over the summer to bolster the economy after the Brexit vote. Warning that growth could be hit "for some time", he says it's his personal view that "some monetary policy easing will likely be required over the summer", signalling a rate cut next month or in August. He also hinted that the bank could pump more cash into the economy under its quantitative easing programme and said the Financial Policy Committee could take action when it meets next Tuesday. His comments fuelled further gains on the FTSE 100 Index, which rose to its highest level since last December, but the rate cut prospects sent the pound sharply lower once more. "

My money is on May. Women aren't going to vote for Gove. He looks too much like a nazi tortoise.

I don't think we have seen the last of him. I think Theresa May will appoint him to babysit Brexit.

So assuming its Theresa May, she'll let someone else be the fall guy, probably Boris as he'll be unable to refuse. I suspect the new department will be in a dark corner in the basement. " A Theresa May government would hand the job of “Secretary of State for Brexit” to an MP who campaigned to leave the EU, the Tory leadership hopeful will pledge. Ms May, who campaigned for Britain to Remain, will present herself as the unity candidate to bring the Conservative Party and the country back together after the bitter divisions created by the EU referendum. When formally announcing her leadership challenge, the Home Secretary will pledge to set up a new Government department responsible for conducting Britain’s negotiations with the EU, and forging the terms of a new relationship outside of the bloc. In a unifying gesture, she will commit to appoint an MP who backed Brexit to lead the department – holding out the possibility that senior Leave campaigners Boris Johnson, Michael Gove or Liam Fox could spearhead talks in Brussels, even under a Government led by Ms May. " http://www.independent.co.uk/news/uk/politics/tory-leadership-theresa-may-boris-johnson-stephen-crabb-latest-updates-department-for-brexit-7110001.html

Boris isn't going to be PM

He's left a giant turd in the bowl and walked away without flushing.

Yeah its going to be interesting that's for sure. Merkel stated to the German Parliament that we can't have access without Freedom of Movement. Our referendum is essentially about immigration. One will have to give. If I were a betting man my money would be on Germany. We'll probably end up with a points system that awards a lot of points for Europeans coming to a job, or infact getting a job once they are here. That would prevent Europeans claiming benefits which would placate a lot of leave voters. I'm probably wrong though. We'll see.

I'm not so sure. We are a massive market for them and as such they would not want to exclude us completely - it would shock an already sensitive Euro. Norway and Switzerland both have freedom of movement, but the EU knows our politicians are somewhat tied by the referendum. Despite the current chest banging, there will be an agreement of some description. Inevitably we will have to accept some form of immigration, but I don't think it will be 100% free movement.

The posturing from Germany and France at the moment is that we can't have access to the single market without freedom of movement. That may change of course.

I think they will say that it is impossible to have access to the single market without freedom of movement and that it's in the country's best interests etc. Then they'll have a general election on that basis and they will win.