Well, I welcome the people from the UK in the not part of EU Club, its good that people can vote on decisions like that. Hope it turns out well for you!
General / Off-Topic EU Referendum (UK only) - to Brexit or not to Brexit
- Thread starter Caspar
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Congrats!! The U.K. Is sovereign again!
It already was...
And let's see how "sovereign" it feels if/when Scotland and Ireland leave us...
X-Terminator
Banned
Hmmm, I want the 17million to have a chance of Voting that didn't bother in reflection that they take the idea that their votes would not be of any influence. It only takes another 1.3M REMAINS. SERIOUSLY!
If I was a betting man I'd put money on us staying in for the foreseeable future.
[wink]
[wink]
X-Terminator
Banned
Gonna need a new flag for the New United ENGLAND/WALES United Kingdom!
I love how that Swedish guy is walking towards political correctness shark. Mainly because it's somewhat true.
Many of us Scandinavians want to create a Scandinavian union instead of being part of the colossus in Brussels. Exiting times are ahead! 2016 turned up to be a busy year lol.
They could name it Small Britain.
X-Terminator
Banned
[video=youtube;a2-5gv81cC0]https://www.youtube.com/watch?v=a2-5gv81cC0[/video]
Nowt wrong with "Little Britain" (has it's own Anthem) OR "New England" (a mash-up between us)
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Minonian
Banned
I will tell you.
But... but... We are free.
Yeah, as an outcast stripped off everything except his clothes.
Do Scotland get to remain in the EU if they go it alone?
![[VR] Mad Mike](https://forums-cdn.zaonce.net/data/avatars/m/27/27910.jpg?1553527108){kind=avatar}
I cant help but feel many of us did not know what a great deal we had in the EU, better than most in there...
That being said.... There is talk of demanding another referendum.
As much as I was on the "losing side" and believe there is going to be a lot of regret esp from those who voted leave, I actually do not think there should be another vote now (though now its already been admitted that closing the borders was a lie, as was the 350 mil to the NHS so it is possible a 2nd vote would be different now as I think a lot of votes was made on those lies / empty promises / misleading insinuations - delete as you see fit)
the point is, for better or for worse we as a nation made our bed and need to sleep in it and cant just keep wasting money on continual voting till one specific side wins. I said exactly the same thing about the Scots when they started whining about having another referendum despite promising it was a 1 time only deal.
The irony with them is now I have some sympathy for them.... They voted to remain in UK, but at the same time that was when it was part of the EU.... if they had another vote now, which was a joint leave UK AND remain/rejoin the EU I would certainly not blame them.
Given how much money the Welsh got off the EU, I cant believe they wanted out. Unless the UK bails them out that loss of income will hit them hard, more so than anyone in England imo
That being said.... There is talk of demanding another referendum.
As much as I was on the "losing side" and believe there is going to be a lot of regret esp from those who voted leave, I actually do not think there should be another vote now (though now its already been admitted that closing the borders was a lie, as was the 350 mil to the NHS so it is possible a 2nd vote would be different now as I think a lot of votes was made on those lies / empty promises / misleading insinuations - delete as you see fit)
the point is, for better or for worse we as a nation made our bed and need to sleep in it and cant just keep wasting money on continual voting till one specific side wins. I said exactly the same thing about the Scots when they started whining about having another referendum despite promising it was a 1 time only deal.
The irony with them is now I have some sympathy for them.... They voted to remain in UK, but at the same time that was when it was part of the EU.... if they had another vote now, which was a joint leave UK AND remain/rejoin the EU I would certainly not blame them.
Given how much money the Welsh got off the EU, I cant believe they wanted out. Unless the UK bails them out that loss of income will hit them hard, more so than anyone in England imo
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I didn't want to name it after the show. xD
Isn't there already a New England? Wouldn't it be 'New New England' then? So a rip off of a rip off.
It even behaves like a copy of a copy. It get's slightly worse each time you copy it. xD
Yep... Just got to hope we haven't screwed things up too much for ourselves now!
And you watch, off the back of our action, the EU will reform itself into something more appealling now!
Minonian
Banned
Yup... Here comes the but but we are free.
Edit; You can only keep saying that for a few weeks after that for the harm your party caused you going to be beaten half death, even if you dare to think about it.
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X-Terminator
Banned
To solve all the Border Control debacle all we need was a new name for my Country: -
Welcome to CHAVLAND - You too can become a CHAV
Cross here...
(Council Housed And Violent)
Welcome to CHAVLAND - You too can become a CHAV
Cross here...(Council Housed And Violent)
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Javert
Volunteer Moderator
Many of us pointed out during the whole campaign that these were lies - sadly those who voted leave either didn't want to listen, or they voted leave for another reason. We can theorize, but so far we can't be sure and we may never know.
Yes I was also very surprised that the areas of the country that get most money and subsidies from the EU were the very areas that swing the vote to leave. Somewhat baffling.
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Yaffle
Volunteer Moderator
I dearly hope Boris and Co are right, I really do. Reality at the moment would seem to be at odds with it though.
I've been banging on about the markets a lot, and I am unsure that the significance has yet hit home. The next bit will sound condescending. It's not meant to be, but working from no knowledge is often the best. Things are far more complicated than this, but here we go...
When there is a thing that a lot of people want they start to outbid each other for it, and its price rises. When there is a thing that people don't want they all try to sell it, but nobody wants it, and they have to drop their prices.
Today, first of all, let us deal with the currency. As I type GBP is down about 5% against the Euro and 8% against the dollar. This means that people who own pounds, in other words are looking to invest in the UK, have sold them in vast numbers. A fall of that size is pretty much unprecedented in such a short time. This means LESS people want to invest in the UK. So, less investment from overseas owners of UK subsidiaries because they fear for the future of the UK. Doubtless things will improve, the markets usually overreact then correct slightly after, but we'll still end up down. (I called this a dead cat bounce earlier, which isn't quite right, but still)
This is Big Stuff. To build the golden era, Boris needs outside investment. Or he has to get cash from the UK to invest, which means either taxes go up, or austerity gets worse. At now, nobody it would seem wants to invest in the UK. Which gives us a problem.
Now the weak pound has a sort-of upside. It does make our exports cheaper. This is a Good Thing, but the converse is also true. It makes our imports more expensive. Take a moment and look at the stuff around you. How much of it is 100% British? Not merely assembled here, but actually grown/mined whatever here, refined here, machined here and sold here? Not much. Nearly everything you can see will somewhere along its supply chain be imported. It is now between 5% and 8% more expensive. Some businesses will absorb that cost (most who have lots of imports will have strategies to deal with it in the short term, but this could be a long term flight from the UK, in which case those won't work). By doing that they need to either lose profit = less tax to the Government, or cut other costs. What's the cheapest and easiest cost to cull? Yup, a few workers. Other businesses will simply pass that cost on to you, the consumer. So stuff will, medium to long term get more expensive.
How can UK Gov help? Well, if it puts up interest rates the theory is that people will want to put cash in the UK to get a bit more interest, making them buy sterling and putting its value up. That would attract investment too. But, to state the obvious, it would raise interest rates. Good news for savers, no so much if you have any form of debt which will now be more expensive. The Bank of England has backed off raising them, as the low rates help people finance things, raising them could harm our recovery. But seeing as that's now been wiped out and then some, I guess it has nothing to lose by putting them up.
Meanwhile UK shares drop. This is because people are selling them; they do not think they are a good bet any more. This is a problem because important things like pensions are the investors. Most will now buy gold, which is a general strategy in collapsing markets (for the technically minded, gold has a negative beta). Anyhow, last time I checked about £100 billion had been wiped off pension funds. So less available to those about to retire to buy an annuity with, and with such uncertainty I am unsure what will happen to annuity rates.
Now IF Boris can negotiate better trade deals with the EU than we already have, and better trade deals with the rest of the world then all will be well. The problem is, history is against him there. China did a deal with Switzerland which involved one-way free trade (guess which way) for 15 years. The US has already said it does not care about a small market of 65million people, it wants the Big Stuff in Europe. Of course, if the EU disintegrates then we move back to 6 (yes, 6, we lost 5 today) in the pecking order rather than being number 1. Do we seriously think the EU will be very kind to us? Allow us all the benefits of the EU without any of the downside?
I sincerely hope that all that was promised will come to pass, and whatever I can do to help it come to pass I will, but we have decided to jump off a cliff because we were scared of a seagull.
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