How Brexit Will Affect Americans [tr]

DailyMail ^ | 6/24/16 | Kiri Blakeley

[Albion Wilde]

Full title:
How Brexit Will Affect Americans: Cheaper travel to the UK and Europe, lower mortgage rates - but a very bumpy stock market ride

• Americans can expect an extremely bumpy stock market ride
• They can also look forward to cheaper travel to Europe and Britain
• Experts are concerned that counterterrorism efforts in Europe will [wane]

The first noticeable difference the vote made was to plunge the British pound to a 30-year low. Currently, it will only cost $1.34 to get one pound. And the U.S. dollar could continue to strengthen.

That's good news for Americans looking to travel to the UK this summer - or even beyond...

But if Europe is your destination of choice after visiting the UK, airfares could get pricey. Country hopping in Europe has always been fairly cheap thanks to discount airlines like RyanAir and EasyJet. However. with the UK now separate from Europe, new air service agreements would need to be put in place, which could ultimately mean that airfares will climb, according to The Telegraph.

[Albion Wilde]

Let the sorting begin!

[BigEdLB]

Sorting hat puts Cameron in Slytherin, and Johnson and Farage in Gryffindor

[Tailback]

If the British pound falls compared to the dollar, there’s a couple of UK made items I’ve been wanting for years.

#1 is a unissued SAS Para smock in ventile cotton.

[P-Marlowe]

I don’t understand why it is the Pound that is falling. This vote signals the beginning of the end for the EU. I would think that the Euro would be crashing and the Pound soaring. What am I missing?

[headstamp 2]

Yes, modern civilization started with the beginning of the EU.

(roll eyes)

[butlerweave]

The BBC is nothing but hair pulling and screaming about how bad it’s going to be , D’oh

[Vigilanteman]

However. with the UK now separate from Europe, new air service agreements would need to be put in place, which could ultimately mean that airfares will climb, according to The Telegraph.

Horsecrap economics. Where there is demand, there will be supply. Ryanair is just one low cost UK carrier which serves destinations all over the mainland just as U.S. carriers such as Spirit and Sun serve destinations all over the Caribbean. The only difference is that they go to gates where their is a customs and immigration line at the arrival terminal.

Anyone who has been to Cancun (just to name one example) can tell you just how little of a speed bump there is in the process.

[CincyRichieRich]

Not good for GE, P&G, other stuff...here in Cincy you are required by law to hold PG stock and never sell it. I won’t sell mine.

[ichabod1]

I literally had a German tell me this morning that rejecting the globalist outlook will result in returning to the middle ages! My British friend was dancing a jig, had been up all night watching the returns come in. Because she says when she goes home its like she’s going to a foreign country.

[joshua c]

How important are the economics?

Would you rather be a hungry free man or a well fed slave?

[Vigilanteman]

At this point, Britain is all alone in pulling out, so the markets are making a short-term bet against the Pound. Once a couple more key countries exit, the markets will correct and the Euro will be falling as it is against the dollar and yen.

Interestingly, the yen is also rising against the dollar because the markets are betting that the United States will become and even more attractive export marked versus a diminished EU leading to more dollar selling to buy yen.

[uncitizen]

its lies. or the globalists will make those things happen. all in order to make stupid people believe that Brexit was a bad move.

[ichabod1]

I heard someone from a 3rd world country say the other day, we have made the intentional choice to eschew material success in order to maintain our freedom. That made a lot of sense to me.

Of course, in the 3rd world you’ve got to pay off everybody to get anything done, or even keep your business open. It has its own problem set.

[Sirius Lee]

Americans are feeling a little bit better today. Slithering globalists like Soros and the CFR hoping to impose their New Fascist Order, not so much.

[1Old Pro]

Americans are feeling a little bit better today. Slithering globalists like Soros and the CFR hoping to impose their New Fascist Order, not so much.

Yep, and it felt comforting to hear President Trump address this on the International stage.

[ichabod1]

I would say the moving finger is writing, whether any in government read it another question.

[Mad Dawgg]

"Would you rather be a hungry free man or a well fed slave?"

Being "I can skin a buck and run a trout line" I choose to be a well fed free man. (mainly because my "FReeper boating accident" was in fairly shallow waters)

[ex-snook]

it will only cost $1.34 to get one pound.

---

When I was a kid [well that’s some 80 years ago] the pound would cost $5. The story would be how much England has declined with some combination of war and inflation.

[Paulie]

Wait...what? Required by LAW to own a stock and never sell it?

By ‘Cincy’ do you mean Cincinnatti?

[Ohioan]

Expect quick market rebounds, very good long term economic benefits. Just lessening the bureaucratic meddling in business decisions will be an enormous boost for British influenced markets.

God Bless the 52%. May others follow their wise & patriotic path.

At least a partial return to sanity is surely welcome.