EU leaders threaten the UK over BREXIT.

originally posted by: eletheia

originally posted by: EvillerBob

That doesn't mean we shouldn't go in with that as a goal, though.

Better to aim high and make concessions, than to aim low and still get less that you ask for.

You mean like the concessions negotiated first by Blair .... and then the pathetic

ones David Cameron came away with pre the referendum

Err... no... in fact that's exactly why Brexit succeeded - we weren't prepared to accept those deals.

a reply to: Soloprotocol

# you

originally posted by: Soloprotocol

originally posted by: Ohanka
a reply to: Soloprotocol

Feel free to move to mainland Europe while you have time.

Try not to get stabbed by a "refugee"

Don't come back when the rotten system collapses either.

I Choose to stay and fight from within. Your worst nightmare. # the UK.

Plus the refugees in the Calais camp agreed to take in all the murderers, robbers, and rapists fleeing their homelands, but drew the line at Scots

originally posted by: Soloprotocol
Pound at it's lowest in 35 years, 2nd worst performing currency world wide in 2016 and article 50 still hasn't been triggered yet

Actually, from what I can gather, it was some sort of computer algorithm glitch that caused the drop, it was quickly rectified.

There was also speculation it could have been fraudulent on someone's part who was trying to cash in.

ETA:

Source

It dropped more than 8% from $1.26 to $1.1491 in just eight minutes – a huge plunge in a market where a single cent is a big change. Dealers said there were only a small number of trades, possibly just a few hundred, made during that time. At one point the fall looked even worse, down 10% to $1.1378, before the cancellation of what was said to be a rogue trade.

Even so, the slump was undeniably the worst one-day drop since the 10% fall in the immediate aftermath of the result of the Brexit vote in June.

After several minutes of chaos on the trading floors, a semblance of calm returned and buy orders started to come in. Just 30 minutes later the pound had recovered to $1.24, but shell-shocked traders were scrambling to find a reason for the sudden “flash crash”.

“I’ve been trading the pound since 1978 through every crisis it has seen, and I’ve not seen anything like this,” said Ian Johnson, a foreign exchange strategist at financial analysis firm 4Cast.

Naeem Aslam, the chief market analyst at Think Markets, said: “What we had was insane. Call it a flash crash, but a move of this magnitude really tells you how low the currency can really go. Hard Brexit has haunted sterling.”

The falls will have hit both investors and companies. Sports Direct issued a profit warning on Friday afternoon, saying the overnight flash crash had cost the company £15m, or 5% of its annual profits.

It was not long before theories began to emerge. The most popular was that computer-driven algorithmic systems – known as algos – were the cause because they are programmed to sell the pound on negative Brexit headlines. According to this theory the algos had picked up on a report in the Financial Times quoting the French president, François Hollande, as saying that Britain would have to suffer for the Brexit vote in order to ensure EU unity.

Kathleen Brooks, the research director at the financial betting firm City Index, said: “Apparently it was a rogue algorithm that triggered the sell off … These days some algos trade on the back of news sites, and even what is trending on social media sites such as Twitter – so a deluge of negative Brexit headlines could have led to an algo taking that as a major sell signal for the pound.

originally posted by: rigel4
a reply to: Soloprotocol

# you

originally posted by: Soloprotocol
I'll repeat it again. The UK is Just Above the Argentine peso as the world worst performing currency and article 50 has not been triggered yet...Let that sink in for a minute.

Let this sink in.

A weaker currency can help the economy by boosting exports, jobs and inflation, and also increase corporate earnings.

FACT.

You can safely ignore everything said by everyone involved until the Article 50 negotiations are under way. Various people on the European mainland are taking it into their own hands to play 'good cop, bad cop'. Some are being dovish about it, others are going on the offensive. Everyone has their own idea about how to play the situation.

If anything, the lack of a coherent unified stance on Brexit tells you that if the EU is a conspiracy, it's not a very good one.

originally posted by: woogleuk

originally posted by: Soloprotocol
Pound at it's lowest in 35 years, 2nd worst performing currency world wide in 2016 and article 50 still hasn't been triggered yet

Actually, from what I can gather, it was some sort of computer algorithm glitch that caused the drop, it was quickly rectified.

There was also speculation it could have been fraudulent on someone's part who was trying to cash in.

Absolute nonesense and you know it. The pound is on it's arse because big money is bailing out while they can get something back. After article 50 is signed they know the arse will drop from the pound like a fat burd skydiving. And like the fat burd you're hoping the strings hold until you get your arse on the deck.

Typical Brexiter. Voted out on a rascist ticket and a rascist ticket alone then smugly sat back and gloried in the moment.
Now it's all gone pair shaped they dont seem to want to talk about the state the UK is in. It's a #ing shamble and you rascist #wits caused it because you let a government and the media get inside your thick heads.

a reply to: Soloprotocol

We have a word for people working to undermine their own country for the benefit of foreign powers.

They're called collaborators.

Traitors also works.

originally posted by: Soloprotocol

originally posted by: woogleuk

originally posted by: Soloprotocol
Pound at it's lowest in 35 years, 2nd worst performing currency world wide in 2016 and article 50 still hasn't been triggered yet

Actually, from what I can gather, it was some sort of computer algorithm glitch that caused the drop, it was quickly rectified.

There was also speculation it could have been fraudulent on someone's part who was trying to cash in.

Absolute nonesense and you know it. The pound is on it's arse because big money is bailing out while they can get something back. After article 50 is signed they know the arse will drop from the pound like a fat burd skydiving. And like the fat burd you're hoping the strings hold until you get your arse on the deck.

Typical Brexiter. Voted out on a rascist ticket and a rascist ticket alone then smugly sat back and gloried in the moment.
Now it's all gone pair shaped they dont seem to want to talk about the state the UK is in. It's a #ing shamble and you rascist #wits caused it because you let a government and the media get inside your thick heads.

A Scottish Nationalist calling someone a " racist "

Oh the irony .

Suggestions include ‘fat finger’ transaction and rogue algorithm

originally posted by: Ohanka
a reply to: Soloprotocol

We have a word for people working to undermine their own country for the benefit of foreign powers.

They're called collaborators.

Traitors also works.

My country is Scotland and Scotland alone. Ruled from London. Get the # out of my Country.

a reply to: Soloprotocol

I beg your pardon?

Have you ever seen me utter one racist comment on this site, ever?

That comment was out of line, and FYI, as I have mentioned to you before, I'm half Scottish on my mother's side, and I live on the border....so don't give me your typical English hating rhetoric Solo.

You need to lay off the Buckfast.

The pound will increase again between now and the trigger, then it will drop again, followed by another slow climb to a more stable level, probably higher than most are anticipating.

originally posted by: alldaylong

originally posted by: Soloprotocol

originally posted by: woogleuk

originally posted by: Soloprotocol
Pound at it's lowest in 35 years, 2nd worst performing currency world wide in 2016 and article 50 still hasn't been triggered yet

Actually, from what I can gather, it was some sort of computer algorithm glitch that caused the drop, it was quickly rectified.

There was also speculation it could have been fraudulent on someone's part who was trying to cash in.

Absolute nonesense and you know it. The pound is on it's arse because big money is bailing out while they can get something back. After article 50 is signed they know the arse will drop from the pound like a fat burd skydiving. And like the fat burd you're hoping the strings hold until you get your arse on the deck.

Typical Brexiter. Voted out on a rascist ticket and a rascist ticket alone then smugly sat back and gloried in the moment.
Now it's all gone pair shaped they dont seem to want to talk about the state the UK is in. It's a #ing shamble and you rascist #wits caused it because you let a government and the media get inside your thick heads.

A Scottish Nationalist calling someone a " racist "

Oh the irony .

Not even worthy of a reply. pointless.

originally posted by: woogleuk
a reply to: Soloprotocol

I beg your pardon?

Have you ever seen me utter one racist comment on this site, ever?

That comment was out of line, and FYI, as I have mentioned to you before, I'm half Scottish on my mother's side, and I live on the border....so don't give me your typical English hating rhetoric Solo.

You need to lay off the Buckfast.

The pound will increase again between now and the trigger, then it will drop again, followed by another slow climb to a more stable level, probably higher than most are anticipating.

I wasn't directing my comment to you per se. I have no idea how you voted. apologies for the confusion.

originally posted by: Soloprotocol

originally posted by: alldaylong

originally posted by: Soloprotocol

originally posted by: woogleuk

originally posted by: Soloprotocol
Pound at it's lowest in 35 years, 2nd worst performing currency world wide in 2016 and article 50 still hasn't been triggered yet

Actually, from what I can gather, it was some sort of computer algorithm glitch that caused the drop, it was quickly rectified.

There was also speculation it could have been fraudulent on someone's part who was trying to cash in.

Absolute nonesense and you know it. The pound is on it's arse because big money is bailing out while they can get something back. After article 50 is signed they know the arse will drop from the pound like a fat burd skydiving. And like the fat burd you're hoping the strings hold until you get your arse on the deck.

Typical Brexiter. Voted out on a rascist ticket and a rascist ticket alone then smugly sat back and gloried in the moment.
Now it's all gone pair shaped they dont seem to want to talk about the state the UK is in. It's a #ing shamble and you rascist #wits caused it because you let a government and the media get inside your thick heads.

A Scottish Nationalist calling someone a " racist "

Oh the irony .

Not even worthy of a reply. pointless.

You mean you can't admit to something that's true.

As ex PM John Major stated.

www.heraldscotland.com...

originally posted by: alldaylong

originally posted by: Soloprotocol

originally posted by: alldaylong

originally posted by: Soloprotocol

originally posted by: woogleuk

originally posted by: Soloprotocol
Pound at it's lowest in 35 years, 2nd worst performing currency world wide in 2016 and article 50 still hasn't been triggered yet

Actually, from what I can gather, it was some sort of computer algorithm glitch that caused the drop, it was quickly rectified.

There was also speculation it could have been fraudulent on someone's part who was trying to cash in.

Absolute nonesense and you know it. The pound is on it's arse because big money is bailing out while they can get something back. After article 50 is signed they know the arse will drop from the pound like a fat burd skydiving. And like the fat burd you're hoping the strings hold until you get your arse on the deck.

Typical Brexiter. Voted out on a rascist ticket and a rascist ticket alone then smugly sat back and gloried in the moment.
Now it's all gone pair shaped they dont seem to want to talk about the state the UK is in. It's a #ing shamble and you rascist #wits caused it because you let a government and the media get inside your thick heads.

A Scottish Nationalist calling someone a " racist "

Oh the irony .

Not even worthy of a reply. pointless.

You mean you can't admit to something that's true.

As ex PM John Major stated.

www.heraldscotland.com...

Must be true eh, John Major and the Herald said so.....Are you actually capable of independent thought.

originally posted by: Soloprotocol

originally posted by: alldaylong

originally posted by: Soloprotocol

originally posted by: alldaylong

originally posted by: Soloprotocol

originally posted by: woogleuk

originally posted by: Soloprotocol
Pound at it's lowest in 35 years, 2nd worst performing currency world wide in 2016 and article 50 still hasn't been triggered yet

Actually, from what I can gather, it was some sort of computer algorithm glitch that caused the drop, it was quickly rectified.

There was also speculation it could have been fraudulent on someone's part who was trying to cash in.

Absolute nonesense and you know it. The pound is on it's arse because big money is bailing out while they can get something back. After article 50 is signed they know the arse will drop from the pound like a fat burd skydiving. And like the fat burd you're hoping the strings hold until you get your arse on the deck.

Typical Brexiter. Voted out on a rascist ticket and a rascist ticket alone then smugly sat back and gloried in the moment.
Now it's all gone pair shaped they dont seem to want to talk about the state the UK is in. It's a #ing shamble and you rascist #wits caused it because you let a government and the media get inside your thick heads.

A Scottish Nationalist calling someone a " racist "

Oh the irony .

Not even worthy of a reply. pointless.

You mean you can't admit to something that's true.

As ex PM John Major stated.

www.heraldscotland.com...

Must be true eh, John Major and the Herald said so.....Are you actually capable of independent thought.

What makes it true is this comment of yours from earlier.

My country is Scotland and Scotland alone. Ruled from London. Get the # out of my Country.

Do you recall it ?

originally posted by: alldaylong

originally posted by: Soloprotocol

originally posted by: alldaylong

originally posted by: Soloprotocol

originally posted by: alldaylong

originally posted by: Soloprotocol

originally posted by: woogleuk

originally posted by: Soloprotocol
Pound at it's lowest in 35 years, 2nd worst performing currency world wide in 2016 and article 50 still hasn't been triggered yet

Actually, from what I can gather, it was some sort of computer algorithm glitch that caused the drop, it was quickly rectified.

There was also speculation it could have been fraudulent on someone's part who was trying to cash in.

Absolute nonesense and you know it. The pound is on it's arse because big money is bailing out while they can get something back. After article 50 is signed they know the arse will drop from the pound like a fat burd skydiving. And like the fat burd you're hoping the strings hold until you get your arse on the deck.

Typical Brexiter. Voted out on a rascist ticket and a rascist ticket alone then smugly sat back and gloried in the moment.
Now it's all gone pair shaped they dont seem to want to talk about the state the UK is in. It's a #ing shamble and you rascist #wits caused it because you let a government and the media get inside your thick heads.

A Scottish Nationalist calling someone a " racist "

Oh the irony .

Not even worthy of a reply. pointless.

You mean you can't admit to something that's true.

As ex PM John Major stated.

www.heraldscotland.com...

Must be true eh, John Major and the Herald said so.....Are you actually capable of independent thought.

What makes it true is this comment of yours from earlier.

My country is Scotland and Scotland alone. Ruled from London. Get the # out of my Country.

Do you recall it ?

So it's Rascist now to demand a foreign body be removed from the host. Westminster is a parasite that needs extracted. by whatever means.
Would you say the Irish were Rascist when they demanded England leave Ireland. Would you say Americans were rascist when they demanded England leave America. Would you say India was rascist because they demanded England leave India.???
I could go on with list of countries the length of my arm that have demanded the parasites from London stop sucking the life from it's hosts.

I've had my say. Enjoy your Brexit.

a reply to: Soloprotocol

So it's Rascist now to demand a foreign body be removed from the host.

Oh dear. You may have missed it but there was a referendum in 2014 by the people of Scotland decided to keep that " Foreign Body " as you call it.

Case closed.