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UK leaves EU

Posted: Fri Jun 24, 2016 12:02 am
by Telomere

Re: UK leaves EU

Posted: Fri Jun 24, 2016 5:45 am
by JeffStrom
Thought it would be close, didn't think it would actually happen. In the short term this is going to be painful.

Re: UK leaves EU

Posted: Fri Jun 24, 2016 6:42 am
by JTChiTown
People all over the world are voting for freedom. I hope the trend continues.

I think it's ironic that the most colonial country in the history of the world just voted for independence from a controlling body......

Re: UK leaves EU

Posted: Fri Jun 24, 2016 9:30 am
by WickerMan
Next headline: Texas leaves the union

Re: UK leaves EU

Posted: Fri Jun 24, 2016 9:58 am
by Telomere
WickerMan wrote:Next headline: Texas leaves the union
:plus1: :icon_whs0be:

Re: UK leaves EU

Posted: Fri Jun 24, 2016 10:07 am
by dufremle
Texas won't leave the US.

I also heard that Ireland and Scotland both want to vote to get out of the UK. Things could get interesting.

Re: UK leaves EU

Posted: Fri Jun 24, 2016 10:08 am
by Telomere
From what I read right after this was confirmed, were that they stayed with the EU. Other than that, I don't know.

Re: UK leaves EU

Posted: Fri Jun 24, 2016 10:34 am
by WickerMan
Ireland is an independent country already. Scotland wanted to stay in the EU, so they will have a referendum to leave the UK.

Re: UK leaves EU

Posted: Fri Jun 24, 2016 10:57 am
by JeffStrom
I think the issue is more with Northern Ireland, which is a constituent of the UK, vs. the independent Republic of Ireland. Generally NI has leaned towards staying with the UK rather than joining Ireland. Because of the religious issues involved I don't see that changing because of this.

Fun fact: The Standard EU membership dues are 1% of GDP. In the case of the UK they get a rebate, then the EU also spends money in the UK. Total net is an outflow of about $10B (US) from the UK to the EU. Or about $150 (US) per person in the UK.

Re: UK leaves EU

Posted: Mon Jun 27, 2016 10:10 am
by DemonDuck
I am happy for them. I hope more follow and more important I hope the people in power get the point and stop forcing stupid shit on people.

Re: UK leaves EU

Posted: Wed Jun 29, 2016 2:23 pm
by DemonDuck
Here is a very good read if anyone cares.

https://promarket.org/the-real-lesson-from-brexit/

Re: UK leaves EU

Posted: Wed Jun 29, 2016 2:55 pm
by DarcShadow
I just don't get why UK leaving the EU impacted the stock market the way it did.

Re: UK leaves EU

Posted: Wed Jun 29, 2016 5:05 pm
by Telomere
DemonDuck wrote:Here is a very good read if anyone cares.

https://promarket.org/the-real-lesson-from-brexit/
I tried but I can't finish it....
DarcShadow wrote:I just don't get why UK leaving the EU impacted the stock market the way it did.
I am sure Fixxer can explain it.

Re: UK leaves EU

Posted: Thu Jun 30, 2016 6:20 am
by DemonDuck
LoL Becky you made me laugh with that.

Re: UK leaves EU

Posted: Thu Jun 30, 2016 10:18 am
by Telomere
I am glad I did. I seriously did try to read it...but I had to keep going back to reread what I read because it didn't stick. After 10 minutes of doing that with the first paragraph, I closed it. :D

Re: UK leaves EU

Posted: Thu Jun 30, 2016 10:49 am
by DemonDuck
The part that made me laugh is that I thought about all the boring stuff you have probably had to read for school lol.

Re: UK leaves EU

Posted: Thu Jun 30, 2016 8:10 pm
by Telomere
DemonDuck wrote:The part that made me laugh is that I thought about all the boring stuff you have probably had to read for school lol.
:SideSplittingLaughter: Touche'. LOL!! I have read a lot of boring stuff and I have read a lot of stuff others would consider boring...so, to each his own :-D

Re: UK leaves EU

Posted: Fri Jul 01, 2016 11:01 pm
by Fussy
If anything, it will be interesting. I hope for the best, though I'm discouraged by the immediate backtracking of core promises that drove the vote.

Re: UK leaves EU

Posted: Sat Jul 02, 2016 7:11 am
by JeffStrom
I think that the people trying to start a new referendum are not helping even their own cause. They need to get the split done quickly to minimize the immediate impacts to their economy. This is one of those cases where even if you don't like the decision trying to reverse it is worse than just getting it done.

If they do decide the want back in this quickly they will not be in any position to negotiate terms.