Singing Warrior wrote:
Grimmy wrote:
Pretty sure the quota is a league rule not an EU law. I'd expect the quality of imports to further reduce though and more SL players to go over to the NRL given we've just created a recession for ourselves.
Recession? How on earth have you worked that one out and since when have you become an economics expert?
"The value of the British pound today dropped more than six percent against the Euro. One pound will now buy you 1.24 Euros, which means holidaymakers travelling to Eurozone countries will get significantly less when exchanging money.
As the Leave campaign gathered momentum, sterling fell to a 31-year low on currency markets and was on course for its biggest one-day loss in history.
It shed around 10 per cent of its value, dropping from US$1.50 to below US$1.35 in a six-hour freefall after ‘Brexit’ was confirmed. Asian markets also tumbled, with Tokyo, Hong Kong and Sydney all falling as trading began.
Pound to dollar exchange rate at lowest level for more than 30 years after Brexit
Meanwhile the value of precious metals like gold, regarded as a safe option at times of turmoil, increased."
Professor Karl Dayson, associate dean (Research and Innovation) at Salford University, said: “As predicted, the stock markets have already taken fright in response to the news, with the pound plummeting to its lowest levels since 1985, the FTSE falling more than 500 points, and the Bank of England’s Mark Carney saying he will do whatever he can to protect the banks.
“This is likely to be followed by two to seven years of disruption, and a probable lumpy recession.
I'm no expert but my holiday in a weeks time is getting more expensive