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Brexit question

mad4osu

All-Big12
Gold Member
Dec 9, 2002
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Cliff notes version please. What or why is Britain voting to leave the EU. What are the positives of that move?
 
The British people having full say over determining the laws that govern their nation, vs. a group of bureaucrats in Brussels, Belgium.
 
Sorry... i had just always thought it was an economic and free trade union rather than a governing union. Sorry im dum
 
Sorry... i had just always thought it was an economic and free trade union rather than a governing union. Sorry im dum
Well, there are a lot of laws and regulations related to trade and free flow of people. Angela Merkel is probably the #1 person most responsible for the way the vote went yesterday.
 
If you ever wanted to visit England, now is the time. The pound has fallen to its lowest since 1985.
 
Mr. Blonde... that is what led to my question. Everything that I had seen led to this decision causing, perhaps, a complete market collapse across the entire region. Seemed to me, like a very short sighted decision by the United Kingdom. This will renew a push from Scotland and others for complete independence. Must say I was surprised by the vote while not completely understanding the question to begin with.
 
What did Merkel have to do with the vote?
Her unabashed (at least initially) exuberance for Syrian refugees and pressuring for bailouts of profligate nations in the EU.

Germany benefits more from the EU than other nation, or has.

This will not lead to any market collapse. This is just panic knee-jerk reacting.
 
Her unabashed (at least initially) exuberance for Syrian refugees and pressuring for bailouts of profligate nations in the EU.

Germany benefits more from the EU than other nation, or has.

This will not lead to any market collapse. This is just panic knee-jerk reacting.
 
It shows there are just as many idiots in UK as there are in the US. Example Donald Trump.
 
Here's an example of the type of crap they pull (or in this case, try to pull) with regularity:


EU-Aftermath-copy.jpg
 
How dare the British people vote for self-determination, limited government, democratic accountability, and economic liberty!

Its a funny bit. I guess, if John Oliver, a comedian, thinks it's a bad idea, well, then that proves it? And lord knows organizations like the IMF and the OECD have been consistently correct about their economic forecasts and they and others mentioned are totally impartial commentators on the vote.
 
Greenspans insight today was rather alarming and indicated the repercussions worldwide will be far worse than just knee jerk reactions. I am amazed in hindsight at the state of affairs that led to this. I have gotten quite the education today on global economics.
 
Funny to see all the clamoring to engage in fear mongering and alarmism anytime a country secedes and determines it shall govern itself. How long did Great Britain survive without an EU? To listen to these big government tits you'd think no one ever prospered without nationalism and globalism.
 
Greenspans insight today was rather alarming and indicated the repercussions worldwide will be far worse than just knee jerk reactions. I am amazed in hindsight at the state of affairs that led to this. I have gotten quite the education today on global economics.
Greenspan is a moron, who's policies led to the great recession. Take everything he says with a grain of salt. Everything will be fine in the long run. The EU is the one getting the raw end of this deal, not GB.
 
Thoughts about Scotland and Northern Ireland potentially bolting from the UK?
 
The forced integration of refugees from the Middle East was the catalyst that pushed the votes toward leaving. The average joe U.K. citizen was tired of a lack of border control. This was one way to take back control and force the ruling class to listen to the people. Just my $.02.
Ultimately I think the EU will be the big loser here. Losing the GBP is a big blow.
 
The British people having full say over determining the laws that govern their nation, vs. a group of bureaucrats in Brussels, Belgium.

The vote was legally non-binding. There is no action required based on the vote. The British parliament is sovereign, the Queen and the people don't have the power to make laws.

In reality the reason for leaving was regarding immigration. The reason for staying was mostly for economic reasons.
 
In the end it doesn't matter. The government will be sure to have referendum after referendum until they get a stay vote. Then it will be determined to be settled.
 
52-48%?

The demographics are interesting on this.

Seems like there was just as much fear mongering before the vote as there has been after.
 
52-48%?

The demographics are interesting on this.

Seems like there was just as much fear mongering before the vote as there has been after.

Both sides were driven by improbable worst case scenarios. In the end, the fifth largest economy will need the continent less than they continent needs the fifth largest economy.
 
Both sides were driven by improbable worst case scenarios. In the end, the fifth largest economy will need the continent less than they continent needs the fifth largest economy.
I heard an American reporter who covers the EU on TV this morning (so I can't verify this number), but she said, for example, there were one million Pols living & working Britain now. What happens to them? Most are educated and contributing to the UK, in large part, because there are not enough jobs for them in Poland. Nobody seems quite sure what will happen to them; they are in limbo. Can they stay? Will they be forced back to the continent? If what she said is true, this seems to bad for everybody...the individual Pols, the UK & the EU (its unemployment will rise with the mass return of these people).

At this point, it seems like there are a lot of unknowns, but from everything I read and hear...from people who actually study this stuff, Brexit will hurt both the UK & the EU. But to be fair, I doubt anybody can predict with certainty what will happen....lot of unknowns.

Still, imo, when something is overwhelmingly supported by low-education voters and then cheered by Vladimir Putin, I question the wisdom in making the move.

I know...I know... take your country back and all that sh**, but still...as much as people like to bash the "elites" (you know, those people who are highly intelligent, spent their lives studying issues and climbing the rungs of success), as a general rule, I will always trust the "elite" opinion over that of some Joe-the-Plumber-English-equivalent dumbass who is too stupid to know that creating barriers to free trade is simply taxing themselves.

It ain't 1954 anymore. We live in a global market, and it ain't going back... no matter how much the far-right-wing-high-school-dropout-I-hate-immigrant dumbasses, nor the Feel-the-Berne-Prius-driving-I-hate-Wallstreet-fat-cats-fantasy-living jackoffs wish it.

Sorry...end of rant.
 
Can we have a referendum on using the term "immigrant" without the word legal or illegal before it? I feel like there is a lot of nuance lost when we just say "immigrant."

I'm also not sure how I feel about my English teacher using the term "ain't"
 
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Under the EU, immigrants would flood the UK and be eligible for everything that citizens were eligible for. You can't have open borders AND a welfare state. That's a plan for catastrophe.
 
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I heard an American reporter who covers the EU on TV this morning (so I can't verify this number), but she said, for example, there were one million Pols living & working Britain now. What happens to them? Most are educated and contributing to the UK, in large part, because there are not enough jobs for them in Poland. Nobody seems quite sure what will happen to them; they are in limbo. Can they stay? Will they be forced back to the continent? If what she said is true, this seems to bad for everybody...the individual Pols, the UK & the EU (its unemployment will rise with the mass return of these people).

At this point, it seems like there are a lot of unknowns, but from everything I read and hear...from people who actually study this stuff, Brexit will hurt both the UK & the EU. But to be fair, I doubt anybody can predict with certainty what will happen....lot of unknowns.

Still, imo, when something is overwhelmingly supported by low-education voters and then cheered by Vladimir Putin, I question the wisdom in making the move.

I know...I know... take your country back and all that sh**, but still...as much as people like to bash the "elites" (you know, those people who are highly intelligent, spent their lives studying issues and climbing the rungs of success), as a general rule, I will always trust the "elite" opinion over that of some Joe-the-Plumber-English-equivalent dumbass who is too stupid to know that creating barriers to free trade is simply taxing themselves.

It ain't 1954 anymore. We live in a global market, and it ain't going back... no matter how much the far-right-wing-high-school-dropout-I-hate-immigrant dumbasses, nor the Feel-the-Berne-Prius-driving-I-hate-Wallstreet-fat-cats-fantasy-living jackoffs wish it.

Sorry...end of rant.

The global economy is here to stay. However, most of the world is not ready for global nationalism, especially when the population has good reason to believe it will threaten their safety. The problem with the EU is that it demands both. I'm sure Britain can figure out a way to allow the Pols to stay if it's important for their economy.
 
You are a good sheep.
You left off over whose opinion I trust it over.

Sometimes "elite" opinions differ... Let's say Samuel Alito v. Elana Kagen. In those cases, I'd never consider anyone ignorant or stupid for basing one's legal conviction on either Alito's or Kegan's holding, even though they differ.

Admittedly, l'm far from being the most informed guy in the world when it comes to Brexit, but from the little I've read and seen most people with any decent understanding of the markets & free trade seem to think leaving is a mistake.
 
I am also not a financial expert but I don't understand why Britain leaving the EU automatically ends immigration, free trade, etc? I would think Britain and the rest of the EU could negotiate these issues and leave many of the desirable policies in place. We have free trade policies with many nations and doesn't require something as heavy handed as the EU. Maybe the EU will refuse to do this for retaliatory reasons but if they do they'll be cutting their own throats. I think this whole thing about how devastating Britain leaving is going to be is nothing but trumped up scare tactics by those who were against the decision.
 
Thoughts about Scotland and Northern Ireland potentially bolting from the UK?

I think it is entirely possible.

Saw one joker advocating for England to leave the United Kingdom instead. Then NI and Scotland could stay in the EU, Northern Ireland would keep an open border with the Republic,and England could get the Brexit it voted for and immediately enter into most favored nation statuses with NI and Scotland by trade agreements.

It kind of makes sense even though it will never happen that way.
 
You left off over whose opinion I trust it over.

Sometimes "elite" opinions differ... Let's say Samuel Alito v. Elana Kagen. In those cases, I'd never consider anyone ignorant or stupid for basing one's legal conviction on either Alito's or Kegan's holding, even though they differ.

Admittedly, l'm far from being the most informed guy in the world when it comes to Brexit, but from the little I've read and seen most people with any decent understanding of the markets & free trade seem to think leaving is a mistake.
Switzerland and Norway never joined. Was that a mistake?
 
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