Re: Project FUD is alive and well
"The markets are doing exactly what anyone with any common sense would have expected, their usual chicken little impression because of uncertainty. It's unfortunate that people panic in the face of uncertainty but that's human nature for you. The markets will recover"
The markets are correcting for future expectations. What make you think the correction will be un-corrected? There is no guarantee of that. Things could just as well keep sliding down another 5-10% and stay there for 5-10 years.
"Any such vote would be a catastrophic push over the brink. It would leave the UK labelled as Europe's doormat, full of bluster but unable to stay any course. It would be the end of every concession, opt-out and rebate"
This is not unlikely. Still a lot better than not being in the EU.