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Posted: 6/28/2016 9:53:09 PM EDT
Credit rating agencies downgraded UK today, one of them by two full ratings. Why? It's not as if Britain is suddenly less able to pay it's debts, is it? Is British economic output expected to decline? Why?
Link Posted: 6/28/2016 9:57:24 PM EDT
[#1]
Because the globalists own all the credit rating agencies.

See how easy that was.
Link Posted: 6/28/2016 10:01:49 PM EDT
[#2]
Scare the little people into thinking it was a bad idea. Typical leftist move. There will be much worse to come. Hope those fisherman in the UK are ready



Watch the Nigel Farage video from today in front of the EU parliament. It tells you everything you need to know...
Link Posted: 6/28/2016 10:53:25 PM EDT
[#3]
I kind of had the feeling this was the underlying story. The big financial machine is sending a message that the globalist agenda is not to be trifled with.

If only we had an anti-globalist candidate in the US... what would that look like?
Link Posted: 6/28/2016 10:55:24 PM EDT
[#4]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Scare the little people into thinking it was a bad idea. Typical leftist move. There will be much worse to come. Hope those fisherman in the UK are ready

Watch the Nigel Farage video from today in front of the EU parliament. It tells you everything you need to know...
View Quote



Scare tactics so other countries dont jump ship.
Link Posted: 6/28/2016 11:01:01 PM EDT
[#5]
Dead cat bounce today...

Maybe it will hold....more likely a slow market decline...but i bet  after the dust settles the currency and the markets will be stronger...or maybe not...


Ive been dying to use dead cat bounce in a post. I have no fuvking idea what im talking about.
Link Posted: 6/28/2016 11:04:52 PM EDT
[#6]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Scare the little people into thinking it was a bad idea. Typical leftist move. There will be much worse to come. Hope those fisherman in the UK are ready

Watch the Nigel Farage video from today in front of the EU parliament. It tells you everything you need to know...
View Quote



Yep i just watched that video, hope england is ready formall the blacklisting and tariffs the EU is going to use.
Link Posted: 6/28/2016 11:07:34 PM EDT
[#7]
The mask is starting to rip......
Link Posted: 6/28/2016 11:07:45 PM EDT
[#8]
Irrational fear plus rational concerns about the actual costs that will be incurred, which are presently unknowable.

Posted Via AR15.Com Mobile
Link Posted: 6/28/2016 11:08:05 PM EDT
[#9]
Globalism and corporatism manipulating the population with fear.
Link Posted: 6/28/2016 11:11:54 PM EDT
[#10]
The most common reason investors are freaking out is because they believe there will be an immediate impact on trade to and from the UK due to bureaucracy. The trade fears won't settle until new trade agreements are hashed out. Businesses will likely suffer in their performance in the near term. Then there's the fear of independent economic policy of the UK that may weaken or strengthen the pound, so people are ditching cash reserves for precious metals all at once.

Fuck it. Buy whiskey, steal, brass, and lead. Like every other day.
Link Posted: 6/28/2016 11:14:53 PM EDT
[#11]
You might not believe in global conspiracies but ye be in one.
Link Posted: 6/28/2016 11:16:30 PM EDT
[#12]
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Quoted:
Fuck it. Buy whiskey, steal, brass, and lead. Like every other day.
View Quote

Well, at least you pay for the whiskey.
Link Posted: 6/28/2016 11:19:47 PM EDT
[#13]
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Quoted:
Irrational fear plus rational concerns about the actual costs that will be incurred, which are presently unknowable.

Posted Via AR15.Com Mobile
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I believe that from the markets, but less so the credit rating agencies. Especially a two tier drop on what appears to be a purely speculative basis. That just seems like messaging. A more elegant way than putting a horse's head in somebody's bed.
Link Posted: 6/28/2016 11:21:25 PM EDT
[#14]
Project Fear, next phase
Link Posted: 6/28/2016 11:55:06 PM EDT
[#15]
Punitive.  

Nothing else but.
Link Posted: 6/28/2016 11:59:54 PM EDT
[#16]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

I believe that from the markets, but less so the credit rating agencies. Especially a two tier drop on what appears to be a purely speculative basis. That just seems like messaging. A more elegant way than putting a horse's head in somebody's bed.
View Quote View All Quotes
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Irrational fear plus rational concerns about the actual costs that will be incurred, which are presently unknowable.

Posted Via AR15.Com Mobile

I believe that from the markets, but less so the credit rating agencies. Especially a two tier drop on what appears to be a purely speculative basis. That just seems like messaging. A more elegant way than putting a horse's head in somebody's bed.

Fuck the CRAs.  They won't provide any transparency into their rating criteria.  There's no peer review of their proprietary models.

They're bullshit artists of the first rank.
Link Posted: 6/29/2016 12:00:28 AM EDT
[#17]
Gotta spin up fears so that France doesn't strike out on their own, too... just kidding!    
Link Posted: 6/29/2016 12:13:30 AM EDT
[#18]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
You might not believe in global conspiracies but ye be in one.
View Quote


The world is a place where people can be called/accused/labeled just about anything at anytime with little to no facts and many people on the left and the right act this way because of personal bias and general stupidity.  "you're gay",  "you're a criminal",  "You're a Jackboot", "You're gonna snap one day", etc......

Those that want a world citizenry are out in the open and becoming bolder in their deeds and words.  If you see/read/hear any of this and refuse to not see it for what it is, then you are a lunatic fringer, a kook, delusional and paranoid.  

It is like not being able to see Communists anywhere-accused of being a McCarthite or Bircher, but if they are Nazi's and/or Rascists its ok because they are everywhere.
Link Posted: 6/29/2016 12:19:07 AM EDT
[#19]
I just love all the "uncharted territory" comments.  What???  Britain was a fucking country for 1700 years, before the EU.  What in the fuck are you talking about?
Link Posted: 6/29/2016 12:29:08 AM EDT
[#20]


Discussion ForumsJump to Quoted PostQuote History
Quoted:



I just love all the "uncharted territory" comments.  What???  Britain was a fucking country for 1700 years, before the EU.  What in the fuck are you talking about?
View Quote



Totally True.





But in a market obsessed with fraction of a second trade times, liquidity schemes, and the shaky underpinnings that were put in place after 2008 to keep the EU and US afloat, no one really knows how the UK will fare in the short term.





And while they may be just fine in the long run, that's not what this market is about. It's an election year, it's addicted to stimulus money and quantitative easing money, and it most certainly doesn't like the second largest GDP member of the EU leaving the system.





These days when shit starts to go south, people pile on with shorts and the 24/7 news cycle goes into hyper-fear-drive and makes for lower lows and higher highs.





I have no doubt that Britain can do just fine on their own. The problem is that they will have to take a dose of medicine up front and then grow out of it. That scares the crap out of today's traders and talking heads.



ETA - Especially when the IMF and World Bank may not be there to support them if they need help. They just bucked the global order. There will be consequences.





 
Link Posted: 6/29/2016 12:32:33 AM EDT
[#21]
Lol really after they decided to downgrade us for "shutting down the .gov" (you know when the .gov shut down and nobody noticed) and not for the trillions  of debt we incurred in 8 yrs that pretty much told me everything I need to know.
Link Posted: 6/29/2016 12:52:23 AM EDT
[#22]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Lol really after they decided to downgrade us for "shutting down the .gov" (you know when the .gov shut down and nobody noticed) and not for the trillions  of debt we incurred in 8 yrs that pretty much told me everything I need to know.
View Quote


Very well put point.  Thanks for reminding me of that.  Funny what you see when you look at the other hand.
Link Posted: 6/29/2016 12:53:45 AM EDT
[#23]
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Quoted:

Well, at least you pay for the whiskey.
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Quoted:
Quoted:
Fuck it. Buy whiskey, steal, brass, and lead. Like every other day.

Well, at least you pay for the whiskey.


I blame that Fruedian slip on tonight's whiskey
Link Posted: 6/29/2016 12:57:13 AM EDT
[#24]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

Well, at least you pay for the whiskey.
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Fuck it. Buy whiskey, steal, brass, and lead. Like every other day.

Well, at least you pay for the whiskey.

Lol..
Link Posted: 6/29/2016 1:22:34 AM EDT
[#25]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


The world is a place where people can be called/accused/labeled just about anything at anytime with little to no facts and many people on the left and the right act this way because of personal bias and general stupidity.  "you're gay",  "you're a criminal",  "You're a Jackboot", "You're gonna snap one day", etc......

Those that want a world citizenry are out in the open and becoming bolder in their deeds and words.  If you see/read/hear any of this and refuse to not see it for what it is, then you are a lunatic fringer, a kook, delusional and paranoid.  

It is like not being able to see Communists anywhere-accused of being a McCarthite or Bircher, but if they are Nazi's and/or Rascists its ok because they are everywhere.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
You might not believe in global conspiracies but ye be in one.


The world is a place where people can be called/accused/labeled just about anything at anytime with little to no facts and many people on the left and the right act this way because of personal bias and general stupidity.  "you're gay",  "you're a criminal",  "You're a Jackboot", "You're gonna snap one day", etc......

Those that want a world citizenry are out in the open and becoming bolder in their deeds and words.  If you see/read/hear any of this and refuse to not see it for what it is, then you are a lunatic fringer, a kook, delusional and paranoid.  

It is like not being able to see Communists anywhere-accused of being a McCarthite or Bircher, but if they are Nazi's and/or Rascists its ok because they are everywhere.

I think they are chomping at the bit. They are so close to Hillary winning then regulating this US into oblivion they can't stand it. If Trump wins expect an American spring.
Link Posted: 6/29/2016 3:21:11 AM EDT
[#26]
Quoted:
Credit rating agencies downgraded UK today, one of them by two full ratings. Why? It's not as if Britain is suddenly less able to pay it's debts, is it? Is British economic output expected to decline? Why?
View Quote

If you have to ask...
Basically the market understands that the British economic is of course weakend (as in fact it was) and that there will be a period of distrust and lack of investment. It's not "the left" that's ridiculous.  it's the market thats distrustful.Nigel farage said it himself that there will be a recession.  is he "the left" as well?
FerFAL
Link Posted: 6/29/2016 3:23:06 AM EDT
[#27]
Punishing us for not following orders simple as that.
Link Posted: 6/29/2016 3:29:04 AM EDT
[#28]
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Quoted:
Punishing us for not following orders simple as that.
View Quote

Uk hasn't even left the EU yet. article 50 hasn't even been invoked.  Everything that happened so far has been exclusively because of the market reacting to brexit.
FerFAL
Link Posted: 6/29/2016 3:46:47 AM EDT
[#29]
No we havnt and they don't want us to.
Link Posted: 6/29/2016 4:16:44 AM EDT
[#30]
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Quoted:
No we havnt and they don't want us to.
View Quote

Pretty sure they want you to. The EU was very clear about wanting article 50 invoked as soon as possible so as to get things going and not keep everyone hostage in this limob of "we quit, but we wont quit just yet". The UK is trying to use this as leverage, Cameron wants talks and negotiations before actually invoking article 50. Merkel and the rest were pretty clear about no formal or even informal talks until the Uk goes trough with its resignation and invokes article 50, effectively and formally starting the process of leaving the EU. The UK government really should make up their mind.
FerFAL
Link Posted: 6/29/2016 4:29:41 AM EDT
[#31]
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Quoted:
Because the globalists own all the credit rating agencies.

See how easy that was.
View Quote


It really is.

There is absolutely no reason to downgrade them other than spite because big socialist globalism. The globalists are out to punish Britain as an example of what happens when you don't let the globalists own your ass.
Link Posted: 6/29/2016 4:31:03 AM EDT
[#32]

Quoted:


Credit rating agencies downgraded UK today, one of them by two full ratings. Why? It's not as if Britain is suddenly less able to pay it's debts, is it? Is British economic output expected to decline? Why?
View Quote
They are trying to make an example out of them so other don't do the same.



 
Link Posted: 6/29/2016 4:36:38 AM EDT
[#33]
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Quoted:
They are trying to make an example out of them so other don't do the same.
 
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Quoted:
Quoted:
Credit rating agencies downgraded UK today, one of them by two full ratings. Why? It's not as if Britain is suddenly less able to pay it's debts, is it? Is British economic output expected to decline? Why?
They are trying to make an example out of them so other don't do the same.
 


Exactly


It's also not definite that anything will change or we will fully withdraw. Don't put anything past these fuckers. A general election with both parties promising in. Downgrading of our economy used as the reason not to invoke article 50 etc etc
Link Posted: 6/29/2016 4:37:51 AM EDT
[#34]
I dont care. Its a island close to the EU.
I have bullets and 90 proof.
Link Posted: 6/29/2016 5:21:40 AM EDT
[#35]
More barriers to trade = less trade.
Less trade = less money.


Less money = lower credit rating.












When did you guys go all socialist? You have a problem with the free market now?


 
Link Posted: 6/29/2016 5:24:26 AM EDT
[#36]
The EU bails out other EU countries. That's why Greece Italy Portugal and Spain aren't third world shit holes yet.

Now that the EU isn't a fallback for Britain, yes they are viewed less likely to repay their debt. But it's bullshit.

Leaving the eu was the best thing for the sovereignty of Britain. They can now choose to make their own decisions on immigration, currency, and trade without fear of reprisal from mama merkel
Link Posted: 6/29/2016 5:36:18 AM EDT
[#37]
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Quoted:
You might not believe in global conspiracies but ye be in one.
View Quote


A conspiracy would imply they are working in secret, these guys are not even trying to hide it anymore.
Link Posted: 6/29/2016 5:47:49 AM EDT
[#38]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Leaving the eu was the best thing for the sovereignty of Britain. They can now choose to make their own decisions on immigration, currency, and trade without fear of reprisal from mama merkel
View Quote

Your clearly don't understand what's going on.
Currency? they already had their own currency,  which is why theirs was the best deal within the EU. UK will have complete freedom of trade now. what it won't have is that same freedom within the EU, it's biggest buyer. same goes for companies BASED in UK. They will no longer be based in an eu country and that's why recession started along with the devaluation of the pound.
FerFAL
Link Posted: 6/29/2016 5:53:09 AM EDT
[#39]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Because the globalists own all the credit rating agencies.

See how easy that was.
View Quote

Punishment   I'm surprised it wasn't threatened before the vote.
Link Posted: 6/29/2016 6:53:13 AM EDT
[#40]
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Quoted:

Punishment   I'm surprised it wasn't threatened before the vote.
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Quoted:
Quoted:
Because the globalists own all the credit rating agencies.

See how easy that was.

Punishment   I'm surprised it wasn't threatened before the vote.


Obama did chime in on behalf of the globalists before the vote.

The markets are roiled because such a major event occurred outside the control of those who ordinarily  run the entire show from behind the scenes.

Be on the lookout for dirty tricks before Great Britain is actually out of the EU.
Link Posted: 6/29/2016 9:33:38 AM EDT
[#41]
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Quoted:



Scare tactics so other countries dont jump ship.
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Scare the little people into thinking it was a bad idea. Typical leftist move. There will be much worse to come. Hope those fisherman in the UK are ready

Watch the Nigel Farage video from today in front of the EU parliament. It tells you everything you need to know...



Scare tactics so other countries dont jump ship.


Germany and France are about to unveil mandatory dissolving of all EU countries, their solventry, military, tax system banking system, and government then consolidate it in Brussels to create a Superstate that no one can leave.
Link Posted: 6/29/2016 9:37:39 AM EDT
[#42]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Obama did chime in on behalf of the globalists before the vote.

The markets are roiled because such a major event occurred outside the control of those who ordinarily  run the entire show from behind the scenes.

Be on the lookout for dirty tricks before Great Britain is actually out of the EU.
View Quote View All Quotes
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
Because the globalists own all the credit rating agencies.

See how easy that was.

Punishment   I'm surprised it wasn't threatened before the vote.


Obama did chime in on behalf of the globalists before the vote.

The markets are roiled because such a major event occurred outside the control of those who ordinarily  run the entire show from behind the scenes.

Be on the lookout for dirty tricks before Great Britain is actually out of the EU.


Its not a trick. It was a pro Stay point that the Uk would have better trade deals within the EU than out of it, as basic 101 logic indicates.What they want now is to Uk to formaly leave the EU so as to start talking. Whatever agreement they end up with, it simply cant be as good as it was when they were actual members of the EU.
FerFAL
Link Posted: 6/29/2016 9:45:25 AM EDT
[#43]
Because they are being punished by globalist interests.

It's a warning/threat to other nations that might ponder leaving.


Link Posted: 6/29/2016 9:49:27 AM EDT
[#44]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Its not a trick. It was a pro Stay point that the Uk would have better trade deals within the EU than out of it, as basic 101 logic indicates.What they want now is to Uk to formaly leave the EU so as to start talking. Whatever agreement they end up with, it simply cant be as good as it was when they were actual members of the EU.
FerFAL
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
Quoted:
Because the globalists own all the credit rating agencies.

See how easy that was.

Punishment   I'm surprised it wasn't threatened before the vote.


Obama did chime in on behalf of the globalists before the vote.

The markets are roiled because such a major event occurred outside the control of those who ordinarily  run the entire show from behind the scenes.

Be on the lookout for dirty tricks before Great Britain is actually out of the EU.


Its not a trick. It was a pro Stay point that the Uk would have better trade deals within the EU than out of it, as basic 101 logic indicates.What they want now is to Uk to formaly leave the EU so as to start talking. Whatever agreement they end up with, it simply cant be as good as it was when they were actual members of the EU.
FerFAL



Those perfidious Brits.
Link Posted: 6/29/2016 9:51:26 AM EDT
[#45]
Well finally a label to all of this. Globalists. Our two parties owned by the Globalists?
Link Posted: 6/29/2016 9:52:08 AM EDT
[#46]
The rating agencies whored themselves out years ago.  Their ratings are all but meaningless. All of those mortgage backed securities that went up in smoke?  Triple A rated, every one of them.
Link Posted: 6/29/2016 9:53:25 AM EDT
[#47]
Don't know about ya'll but I plan to support them buy celebrating with a glass of Scotch.   He'll I might even buy some of that nasty ass Gin.
Link Posted: 6/29/2016 9:53:50 AM EDT
[#48]
Chickens are clucking.  Most of it it is needless drama.

Nothing has really happened yet.  No effect on trade, no effect on anything.

Markets have reacted and will stabilise.

Link Posted: 6/29/2016 9:56:08 AM EDT
[#49]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Don't know about ya'll but I plan to support them buy celebrating with a glass of Scotch.   He'll I might even buy some of that nasty ass Gin.
View Quote



English Whisky for the win - I can recommend St George's Distillery - Chapter 6

St George's Distillery.

https://www.englishwhisky.co.uk
Link Posted: 6/29/2016 10:03:30 AM EDT
[#50]
Non conspiracy answer:

Because with Brexit the UK will need to renegotiate deals with all the other countries they had dealing with, and possibly deal with the economic issue of having EU nationals get visas to work there. This is going to hurt companies who employ them, particularly finance companies may decide it's too big of a hassle and move, leading to a loss of jobs (it seems about the only industry the UK has is finance). UK is not the British Empire like back then and isolation will not help them at all. If they mess this up they can end up becoming like Thailand.

Unfortunately globalism is kind of necessary because just about everything we use comes from other countries. I mean as far as gun goes, why does AK's, IMI firearms (Uzi, Galil, etc.) all cost so much? It's because of 922r which requires US made components that makes firearms that ought to be cheap not so cheap anymore. Then you got stuff that you use everyday that requires imported materials because the country can't possibly produce it (for example the UK can't possibly produce rubber on its own because it's too cold to grow rubber trees) which now there will be difficulty importing because of isolationist/protectionist policies. It raises consumer prices and causes economic meltdown. Credit agencies take this into account and obviously downgrades countries when they feel their economic issue will affect their ability to pay debts. Remember much of the market is about speculation, and when the speculation looks bad, or there are uncertainty things go south. Financial companies tend to be very conservative and do not like to take risks.
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