EU referendum, brexit and the aftermath

Only if the government itself decided this is so: There is no other means to trigger a collapse.

Bar writing to Queenie.

They won't be able to command a majority if remainer Tory MPs disaffection grows.

Even stuff that is manufactured in the UK will be experiencing the pinch related to the price of raw materials which are paid for in $

We'll be able to buy vegemite at a knockdown price due to our freshly negotiated much closer relationship with Australia now though, right?

Vegemite is not Marmite though

All Brexiters should be have their passports taken away. After all, once Britain is great again they won't want to leave. They should also be given ration cards

Vegemite, vicious fauna, vicious flora, bogans, utes, box jellyfish, white pointers and Queensland Rail Etiquette posters to help with your Southern Rail issues.

All up for export from the land of convicts.

We'll be able to buy vegemite at a knockdown price due to our freshly negotiated much closer relationship with Australia now though, right?

Well, it was in the nyoos a while back:

http://www.thedailymash.co.uk/news/international/australia-ideal-trading-partner-say-britons-happy-to-wait-three-months-for-stuff-20160907113467

In brexit times, you'll have to get used to it.

why has no one said 'Unileaver' yet tho?

Even more so, as fuel is dollar denominated there will be a spike in freight costs.

I know there's lag there, but I've been waiting for pump prices to spike 40% - that'd really get the debate going.

"Yes, this is going to get worse, maybe we can power cars on Sovereignty" or maybe French electricity.

French electricity

I know there's lag there, but I've been waiting for pump prices to spike 40% - that'd really get the debate going.

Yes, I guess that fuel suppliers buy in dollars and have a certain length of time hedged in... Does that sound plausible? Once they run out of that time period...

Oil is denominated in dollars, we're buying it in GBP, at some point there's going to be a rude adjustment.

Are oil futures paid for on delivery or purchase? If the former, the cost will begin to be felt very soon. If the latter, I have no idea why it won't have already sky rocketed.

Not sure - maybe suppliers maintain some level of inventory in this country that can absorb market prices for a short while.

\ heads to petrol station with old bath-tub

Fuck it, I tried

Fuck the forum and it's opposition to the asterisk

I think everyone's looking for a Uniremainer angle.

The current price of sterling is already part of the forward price of sterling - i.e. the effect is felt now.

If it weren't, it would be possible to arbitrage the difference, and make free money.

To answer your question, though - you could do either, if you're trading OTC futures, but more likely you are trading exchange traded futures, where you are paying the equivalent of an option premium up front, and margin calls during the life of the future.

Or sutin.

I am going to play devil's advocate:

Would you be willing to pay an economic cost for, for example:
-True UK democratic reform (STV and voted in house of lords)
-Fairer tradedeals that don't screw over some parts of the world (don't worry they make us pay later in dividends, typical short term thinking...)
-Less power of company lobbying on the government
-Really reigning in the banks (which also caused issues in the EU, see the fuckery of German banks and Greece)
...?