Can someone explain Brexit and it's effect on Boxing?

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  • El-blanco
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    #21
    Originally posted by Motorcity Cobra
    Another question. What about consumer spending? Will it tighten up or will people still spend on sporting events like boxing?
    Really depends on what happens in the next few days and if the outlook is grim. If that's the case then people will not be spending freely since everything seems so unstable. Consumers are strange. Give them a little incentive like a lower interest rate and they go berserk spending. So, I think it will depend on what the government does and if it makes the citizens feel secure.

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    • SterlingStained
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      #22
      dont listen to the doom and gloom from the globalist capitalist pigs.

      UK will be just fine.

      it might get bumpy for a bit but you guys will be fine.

      if you can hold off adolf hitler,

      this is nothing.

      remember when they predicted doom and gloom if the brits didnt drop the pound and accept the euro?

      Brits are survivors.

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      • Motorcity Cobra
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        #23
        Originally posted by El-blanco
        Really depends on what happens in the next few days and if the outlook is grim. If that's the case then people will not be spending freely since everything seems so unstable. Consumers are strange. Give them a little incentive like a lower interest rate and they go berserk spending. So, I think it will depend on what the government does and if it makes the citizens feel secure.
        Originally posted by Redd Foxx
        Thx bro. GreenK on refill.
        Check this out. How is Breazeale more expensive? I thought he lost money?


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        • Redd Foxx
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          #24
          Originally posted by Motorcity Cobra
          Check this out. How is Breazeale more expensive? I thought he lost money?


          lol
          Next, you'll hear about the Eubanks calling off the Golovkin fight, blaming Brexit woes. #BrexitDuck

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          • LacedUp
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            #25
            It's economic predictions. Right now the pound is lower than it has been since 1985. Pretty obvious how it's making Breazele more expensive and Joshua earning less.

            Free trading will be an issue - At least the common EU standards. Stock trading will most likely be suspended.

            It's a BS referendum and only uneducated idiots would have voted to leave.

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            • Scipio2009
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              #26
              Originally posted by Motorcity Cobra
              I think I got it backwards? How is Joshua making less money?





              The British pound went from being a currency in a market that generated $15T to a currency in a market that generated short of $3T; the British pound collapsing means that Eddie Hearn is going to have to come up with a lot more British pounds to pay for Breazeale's US dollar purse.

              Same with the pending Brook-Vargas fight, tbh; how finalized the deal actually is is still in doubt (there's probably time for any currency swap deals to be looked at again). but there maybe some room to work

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              • Scipio2009
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                #27
                Originally posted by Motorcity Cobra
                I'm talking about money. Dominic Brazeale's purse just took a huge hit.
                Have no doubt that Breazeale's purse is just fine (I have no doubt that, upon signing the deal, Haymon and whomever else who represents Breazeale in the talks made sure that forward contract on the currency exchange was agreed to when the terms were finalized.

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                • .!WAR MIKEY!.
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                  #28
                  Originally posted by Redd Foxx
                  Where are you guys getting this info about the GBP being down? I follow that a couple times a day and at 1.48 it's a bit higher than it's been for months. I know it's been volatile all day so that might be why we're getting different numbers.

                  Edit; I ask because if it's down, I need to make some investments. XE.com has it up.
                  should of gotten into btc.

                  its up about 20% than what it was just 2 months ago. I made some decent money but its not like I invest in BTC I just always have btc for my ******** habits, so worked out for me.

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                  • Scipio2009
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                    #29
                    Originally posted by Redd Foxx
                    Where are you guys getting this info about the GBP being down? I follow that a couple times a day and at 1.48 it's a bit higher than it's been for months. I know it's been volatile all day so that might be why we're getting different numbers.

                    Edit; I ask because if it's down, I need to make some investments. XE.com has it up.
                    The value of the British pound has taken a significant hit (no idea what the exact number is, but it is now costing significantly more pounds to secure dollars).

                    Not sure where your trading account is held, but, if you're waiting for the US open, good luck.

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                    • b00g13man
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                      #30
                      Originally posted by Redd Foxx
                      lol
                      Next, you'll hear about the Eubanks calling off the Golovkin fight, blaming Brexit woes. #BrexitDuck
                      I just ****ing howled with laughter at this. Well played.

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