UK pound falls to fresh 2.5-year low against Singdollar as 'Brexit' fears persist

(22-06-2016, 11:06 AM)corydorus Wrote: Not sure the purpose. To explain Russian behavior, yes. To point of justification, no. I think we need to differentiate right from wrong. To calm imaginary fear with expansion ?

"malaysia blockade the straits of malacca ?" What's the Rights about it ?

Thailand can build their canal. Is within their Rights. Yes will affect us some what. But do you see us invading Thailand ? If we are Russia, we will. That's the problem with Russia or should i say Putin. They are Hooligans.

Do something may not mean invade anybody can go UN get them to arbitrate or intervene or pay some money. But perspective suddenly change no? Suddenly is justified to feel we ought to do something if our interests are at stake.

You are entitle to your opnion mine is he is not an aggressor or at least so far his actions show that he is not, if he was by now I think already over-run half of europe and that's the point he's trying to show.

in georgia his forces only took the pileline in south ossetia and stopped there establishing a perimeter not going any further.

In ukraine also same thing his forces occupy about half of the country exactly where all the oil pipeline intersected and stopped there.

In syria after he finish his business pulled out everybody except a detachment of of signalers.

Reason to explain russian behavoir is to find logic for investment purposes to preempt possible outcomes when we hear such news 

I see If more join nato or new eu army materialize more such entanglements with Russia will happen.

Starting to OT from main brexit topic already.

Good morning,

Live Now: Results of Britain’s Brexit Referendum

Wow watching the reaction to sunderland vote leave, what a big reaction in markets..

Early voting mostly leave with many thousands of votes counted. Looks more and more like a BREXIT.

Volatility sugoi desune!!!

anyone online now? or all still sleeping LOL?

Wow, this is a great opportunity to exploit any temporary market insanity, if we can keep our own heads above the fray.

(22-06-2016, 11:01 AM)specuvestor Wrote: Just thought I'll chime in a bit on my 2cts:

1) Britain is in the EU but not the Eurozone. Unlike Eurozone there is provision for leaving EU:
https://en.wikipedia.org/wiki/Withdrawal...pean_Union

Nonetheless Mr market usually fails on details and it will again open up the Pandora box of domino theory.

Actually UK is one of the founding partners of EEC and indeed one of the reason is to contain the "bully"- Germany, the main actor in both world wars.

2) NATO is effectively dead under Obama. If you follow current affairs including middle east, the entities at the stage is US and EU, not NATO.

3) Unless UK is intending to change their economic structure from EU centric to say China or US centric, I fail to see the logic of BREXIT, just like the logic of East Timor. In fact if Scotland were to leave UK they will be in trouble now when North Sea production plunged with oil at $50. With oil was at $100 they see themselves as being marginalized but they can't see the strategic value

That is why LKY was pro uniting with Malaya. It was a big strategic issue when we left in 1965 but people who don't understand the context with benefit of hindside thinks it's so simple.
https://www.theguardian.com/us-news/2016...land-visit

I really hope UK don't make a mistake just like Scotland avoided a mistake. Otherwise I think this will mark the end of UK as a major power on the global political stage. They will not have the clout against China or even Russia without EU. The world will move on

And US to remain sane end this year

To be politically incorrect that's why such complex decisions have to be made by leaders and functional committees. It is not about elitism but about capacity and competency to decide. They are elected for such representative decision making and have to account to the electorate.

Yeah, a few of my pals seems to be emotionally-charged. Lets hope Brits and Commonwealth folks vote rationally. As it is, scotland is voting to remain and england to leave..

Fingers crossed..

(24-06-2016, 09:45 AM)specuvestor Wrote:

(22-06-2016, 11:01 AM)specuvestor Wrote: Just thought I'll chime in a bit on my 2cts:

1) Britain is in the EU but not the Eurozone. Unlike Eurozone there is provision for leaving EU:
https://en.wikipedia.org/wiki/Withdrawal...pean_Union

Nonetheless Mr market usually fails on details and it will again open up the Pandora box of domino theory.

Actually UK is one of the founding partners of EEC and indeed one of the reason is to contain the "bully"- Germany, the main actor in both world wars.

2) NATO is effectively dead under Obama. If you follow current affairs including middle east, the entities at the stage is US and EU, not NATO.

3) Unless UK is intending to change their economic structure from EU centric to say China or US centric, I fail to see the logic of BREXIT, just like the logic of East Timor. In fact if Scotland were to leave UK they will be in trouble now when North Sea production plunged with oil at $50. With oil was at $100 they see themselves as being marginalized but they can't see the strategic value

That is why LKY was pro uniting with Malaya. It was a big strategic issue when we left in 1965 but people who don't understand the context with benefit of hindside thinks it's so simple.
https://www.theguardian.com/us-news/2016...land-visit

I really hope UK don't make a mistake just like Scotland avoided a mistake. Otherwise I think this will mark the end of UK as a major power on the global political stage. They will not have the clout against China or even Russia without EU. The world will move on

And US to remain sane end this year

To be politically incorrect that's why such complex decisions have to be made by leaders and functional committees. It is not about elitism but about capacity and competency to decide. They are elected for such representative decision making and have to account to the electorate.

I have to disagree they were alright for decades prior to joining the union they should be fine.

what makes a nation great is not membership of anything it's trade, they were trading power before they know better.

Brexit will be good for them once they get over the short-term pain they should be fine. 

That aside if the decision is to exit, they still have to remain for 2 years in the union carry on as normal honor any agreements etc . but that would be the time they start diverting resources manpower making changes. 

These 2 years will be the period to hunt for good opportunities in uk. There could be nice houses for sale but sekali all the Ah Tiong rush to buy jialat ah. 

Depends on what you mean by great. If it is influence then trading power, military power and collective power are important

If not for ASEAN not many will listen to what 3.5m Singaporeans want to say on the political stage. That is the reality no matter how lame we think ASEAN is. It is still a collective power for Asia.

"Great" Britain we know is no more in substance. (Notwithstanding the official name of United Kingdom of Great Britain and Northern Ireland) UK will have much less influence in world stage if Brexit. If fine is defined by "trotting along" then yes they will be fine just as previous powers of Spain and Portugal.

As for Putin, he is a master strategist which IMHO only Merkel can really balance him up. The rest including Obama are not even in his class. And in politics there is a lot of posturing and sometimes what is not said or not done is more important than what is said and done. It is not so binary right or wrong but what is he signalling

I thought ASEAN is lame. More like consultation bodies. There aren't major key collective type of decision making. There's no enforcement.
A good case is Burma till Singapore manage to befriend their leader and show them what they have missed.

The world only see Singapore a key mover in this part of the world not only that but because we influence the world stage like China Opening and LKY insights.

GB is 2nd in economic size after Germany. No more in substance ?

Putin a Master Strategist ? His behavior is rather predictable. I think the western leaders just do not want to go so low to deal with him.
Is way beneath their ethic and cultural standards.

(24-06-2016, 10:17 AM)specuvestor Wrote: Depends on what you mean by great. If it is influence then trading power, military power and collective power are important

If not for ASEAN not many will listen to what 3.5m Singaporeans want to say on the political stage. That is the reality no matter how lame we think ASEAN is. It is still a collective power for Asia.

"Great" Britain we know is no more in substance. (Notwithstanding the official name of United Kingdom of Great Britain and Northern Ireland) UK will have much less influence in world stage if Brexit. If fine is defined by "trotting along" then yes they will be fine just as previous powers of Spain and Portugal.

As for Putin, he is a master strategist which IMHO only Merkel can really balance him up. The rest including Obama are not even in his class. And in politics there is a lot of posturing and sometimes what is not said or done is more important than what is done. It is not so binary right or wrong but what is he signalling

Nobody takes us seriously whatever membership we are in. They need to woo our investment they will come begging, not happy they whack us openly am talking about indo recent spat.

Our allies also don't take us seriously, sure we get invited to white-house throw a parades maybe the queen pops in once a while  - but come to any crisis participation they tell us we are too small want to join peacekeeping mission ah? What can you offer? ok lah just provide us a few doctors or civil defense to take care the refugee.

(24-06-2016, 09:22 AM)sykn Wrote: Wow, this is a great opportunity to exploit any temporary market insanity, if we can keep our own heads above the fray.

This could be the trigger for next economic crisis as said by some articles.

Lets see if soros is right again, only a few more hours to go.

7.69 vs 7.2 with half counted. Brexit is very likely.

If this is crash I will wait a month for market to hit bottom then elephant gun will be overheated. Lol if bremain, just sit back watch the show. Hsbc bank totally hammered today.

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