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An Anonymous Coward writes:
While many pundits are trying to write the prequels to Brexit and bemoaning how the "stay" position wasn't properly communicated, the banks have forged ahead to Episode V and are quite happy to predict a recession for the UK in the next quarters. From https://www.poundsterlinglive.com/usd/5095-pound-to-dollar-exchange-rate-222311:
The British people have voted to leave the European Union, and this time they will take full ownership of any negative economic consequences - there are no bankers to blame for any negative economic impacts.
Bank of America's Ralf Preusser believes the UK is headed for recession as a result of the increased uncertainty businesses now face, noting:
"Prolonged uncertainty could lead investors - including residential investors - to postpone decisions. We think a recession in the UK will ensue, which cuts our calendar year 2017 GDP growth forecast to 0.2% from 2.3%, even with the Bank of England (BoE) stimulating."
[...] Barclays have confirmed they see GDP growth falling to -0.1% in the third and fourth quarters of 2016.
The Guardian has a slightly different Star Wars analogy, https://www.theguardian.com/commentisfree/2016/jun/27/britain-boris-cricket-leave-lies-referendum-promises
"The pound is stable," explained Johnson, minutes before the pound was revealed to have fallen to a 31-year low, on a morning of financial activity we'll call Episode V: The Experts Strike Back.
At the time of writing [2016-06-28 @02:45 UTC], the current exchange rate has 1 GBP worth $1.331USD. One of the first hits on a search provided this 60-day historical perspective.
(Score: 0) by Anonymous Coward on Tuesday June 28 2016, @05:45AM
Ten to One expats vs locals? Mate, that's some conspiracy-tier shit right there.
(Score: 0) by Anonymous Coward on Tuesday June 28 2016, @05:51AM
Or word of the petition hit the ex-pat community first because they care a lot about it, so early votes were mostly from them.
But nope, conspiracy!
(Score: 0) by Anonymous Coward on Tuesday June 28 2016, @06:00AM
You're the one claiming there's a conspiracy.
No one else is claiming that. We're just saying that most of those votes do not count and are not representative of the UK residents.
(Score: 0) by Anonymous Coward on Tuesday June 28 2016, @06:09AM
> You're the one claiming there's a conspiracy.
WTF?
You linked to a reddit thread claiming a conspiracy.
"The Ministry of Truth Has Spoken"
"Makes all data in json suspect"
"it straight up looks like they cooked the numbers"
Thanks for confirming you aren't playing with a full deck.
(Score: 0) by Anonymous Coward on Tuesday June 28 2016, @07:06AM
No he didn't.
I did.
Yes, sometimes it's confusing keeping track of all the ACs, but contrary to popular opinion we are not all of a single hive-mind. It is also noteworthy that the use of the word "conspiracy", contrary to your apparent belief, does not by itself negate the appearance of foul play which may involve more than one person and thus in fact be a conspiracy [thefreedictionary.com] by definition.
(Score: 0) by Anonymous Coward on Tuesday June 28 2016, @07:27AM
Your post added no new information to the discussion.
(Score: 0) by Anonymous Coward on Tuesday June 28 2016, @02:56PM
Neither did yours or mine :)