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- Nov 5, 2009
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Markets, whilst down, don't appear to be showing the apocalypse promised. London just over 5% down (no worse than we have had for other 'crises') - some sectors hit harder than others i.e. Banks as would be expected.
Gold prices up - again expected.
Sterling value hit harder, but seem to be recovering a little.
As to Nicola Sturgeon & another referendum am surprised she has come out this early - immediate responses don't always make for good policy (though she may feel that her best chance of a win is to go early in case it all settles down & her electorate lose their anger)
And the Yen, And Ruanmbi (or however you pronounce it)The pound is still stronger against the Euro than it was 2 years ago. The worry is how weak it is against the dollar.
There is no majority any more.
The Conservative Party is completely split on this and no amount of nice words is likely to change that. The Remain side will give a Brexit leader a shoeing, and Cameron is a lame duck all the way to the Conservative conference.
A motion of no confidence in Jeremy Corbyn has been tabled.
How does that work?
Do the MP's vote and if a certain % say "yeah he is shit" he is dumped?
I am not sure on the constitution of the Labour Party, whether it is decided by MP's, party members or both. TSB could answer that better than me.
In all my years of interest in politics, I have never known a day like today.
I wouldn't say party politics but I think a lot of people I've spoken to my sort of age, old school friends and such, seem to have misplaced the blame for a lot of things and seem to believe everything they don't like at the moment is down to immigrants or the EU, rather than decisions made by the UK government, so that's lead them to vote out thinking that when Britain stands alone all the evils will be cleared, whereas really a lot of what's annoying them will still remain as it's bought about by our own government.