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

[Weebler I]

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.

Matchroom were in favour of Brexit.

[Redd Foxx]

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.

Damn, that's a nice turn, even if you're not investing.

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.

Thx, investment I am referring to is actually physical stock/inventory for my business. I import from the UK and I'm always watching the cable to find the best times to stock-up. I spent a few grand earlier this year when it was down somewhere around 1.38 because I hadn't see it like that in years. Now, 1.33 is like someone opening the candy jar. I'm just trying to get a sense of where the valley is going to land. A friend of mine is an investment broker in London and even he doesn't have a good sense of what is going to happen.

[LacedUp]

Matchroom were in favour of Brexit.

Matchroom as a business or Eddie Hearn as a person?

[Motorcity Cobra]

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

[Weebler I]

Matchroom as a business or Eddie Hearn as a person?

Matchroom as in Barry & Eddie Hearn. But I suppose they're uneducated idiots in your view.

[LacedUp]

Matchroom as in Barry & Eddie Hearn. But I suppose they're uneducated idiots in your view.

Yeah they are. Not uneducated as in they haven't gone to school - But i'm not sure accountant school teaches about the EU. I'm talking about being uneducated on the subject. This is one of the reasons a pure democracy doesn't work in many cases.

Anyway, you and they will see the results that everyone who are educated on the EU were predicting. Wait and see the stock market be suspended in T minutes 90 minutes.

Good luck, I hope you moved your money to a foreign bank.

[Motorcity Cobra]

Why they do ya'll like this?

#BREXIT pic.twitter.com/1LSXbbQ42Q

— X (@XLNB) June 24, 2016

[Citizen Koba]

Check this out. How is Breazeale more expensive? I thought he lost money?

Breazeale is right now much more expensive for Eddie Hearn that he was just 24 hours ago. Much more. Joshua earning less. #boxing #Brexit

— przemek garczarczyk (@garnekmedia) June 24, 2016

If they agreed to pay him in US$ - which is not unreasonable given that he is a from the US - then he'll be costing more now.

[Weebler I]

Yeah they are. Not uneducated as in they haven't gone to school - But i'm not sure accountant school teaches about the EU. I'm talking about being uneducated on the subject. This is one of the reasons a pure democracy doesn't work in many cases.

Anyway, you and they will see the results that everyone who are educated on the EU were predicting. Wait and see the stock market be suspended in T minutes 90 minutes.

Good luck, I hope you moved your money to a foreign bank.

Like David Davis who has actually worked in the EU on the treaties? Gisela Stuart who helped draw up the EU Constitution? Michael Gove? all educated people on the EU, all Pro-Leave. Or do you have to be pro-Remain to be educated on the EU?

What you see as the problem with democracy is actually its strength i.e. that someone who considers himself to be more educated on a subject doesn't decide what's best for you and everyone else. Everyone gets one vote, as it should be.

I trust in the judgement of the British people, I have faith in our country and in democracy.

[Scipio2009]

Damn, that's a nice turn, even if you're not investing.


Thx, investment I am referring to is actually physical stock/inventory for my business. I import from the UK and I'm always watching the cable to find the best times to stock-up. I spent a few grand earlier this year when it was down somewhere around 1.38 because I hadn't see it like that in years. Now, 1.33 is like someone opening the candy jar. I'm just trying to get a sense of where the valley is going to land. A friend of mine is an investment broker in London and even he doesn't have a good sense of what is going to happen.

Guessing the floor on this thing isn't worth the effort for the amount of unknowns (with David Cameron likely to resign as prime minister, the amount of additional volatility that is bound for the pound is ridiculous); going off of basically what's already happened though, the pound is going to be down for a significantly long amount of time, likely heading lower with every additional coming bit of info,

Depending on the type of contracts that you have for your goods, you may end up taking a bath.