Standup

BREXIT

68 posts in this topic

I hope it's a leave vote.

 

EU isn't good for anyone.

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I'm somewhat rattled by predictions of economic downturns in the UK and in the EU if there's an exit. I am not learned enough to tell if this is just fear mongering.

 

A second fear I have is, if the UK exits, will Scotland then vote to leave the UK and maybe attempt to rejoin the EU?

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I'm hoping for an exit. If the U.S. goes down the continued route to stagnation with either Trump or Clinton (nevermind whoever follows them), it'd be nice to have somewhere in the anglosphere to go if things get bad enough. Second options and all that.

 

Plus, as an American of English descent, it would be nice to see the distant cousins finally get on board with the whole "a distant government that gives us no voice dictating regulations, taxes, and laws w/o our consent is a violation of Magna Carta" thing we kicked off over here in 1775.

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Plus, as an American of English descent, it would be nice to see the distant cousins finally get on board with the whole "a distant government that gives us no voice dictating regulations, taxes, and laws w/o our consent is a violation of Magna Carta" thing we kicked off over here in 1775.

 

Actually, John Adams swiped all those idea from Irish rebels. But our rebellion worked; theirs didn't.

 

"No taxation without representation" wouldn't have worked in England either. At the time of the American rebellion, there were only 160,000 voters in England; most of them were rich and exempt from most taxes. Taxes fell upon the shoulders of working schlubs.

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Eh, as a classical liberal, one of my favorite British politicians is Gladstone - and, right now, Britain could use a little of the policy position he had toward Ireland in the 19th century in the form of self-determination and freedom from the empire.

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I'm hoping for an exit. If the U.S. goes down the continued route to stagnation with either Trump or Clinton ...

 

Good news! :woohoo:

 

Quote:

IMF sees U.S. economy in "good shape", too many in poverty

Reuters

June 22, 2016 9:34 AM

 

WASHINGTON, June 22 (Reuters) - The International Monetary Fund said on Wednesday that the U.S. economy was "overall in good shape", with growth set to accelerate from recent setbacks despite an overvalued dollar, but the Fund warned that too many Americans were living in poverty.

 

In its annual review of U.S. economic policies, the IMF said that it expects U.S. growth to be 2.2 percent in 2016 and 2.5 percent in 2017, with inflation rising slowly toward the Federal Reserve's goal of two percent.

 

"At today's level of the real effective exchange rate, the current account deficit is expected to rise above 4 percent of GDP by 2020, pointing to the U.S. dollar being overvalued by 10-20 percent," the IMF said in its report.

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So you're out. Will Scotland and North Ireland look to move from GB to EU now? Very strong Remain vote in those two areas.

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This is BAD. Scotland and Northern Ireland might go out, resulting in the UK's collapse, Spain claims the Gibraltar, people in Netherlands and France wants referendums, the pound is in free fall, Sinn Fein is rattling their sabers.... I don't particulary like the EU, but this is just potentially so much worse.:(

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I care of course, Standup. Both because this can influence the world badly, and because it can prove very bad for my own country.

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Things will bounce back Nik they always do. If Scotland and Northern Ireland scede the world will still go on.

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So so much overblown freaking out going on because of Brexit. This, too, shall pass.

 

As for the IMF, zk, that's amusing. Janet Yellen certainly hasn't gotten the memo, lol.

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...As for the IMF, zk, that's amusing. Janet Yellen certainly hasn't gotten the memo, lol.

 

You must know something I don't. :hmmm: As I understand things, Yellin's job at the Fed. is to maximize employment while minimizing inflation. Economic growth isn't part of her mandate, is it?

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What's going on with the rest of the UK?

 

I need help understanding what's going on in the non-England parts of the UK now that BREXIT has passed.

 

Scotland is pretty understandable. They almost left the UK two years ago, but now with this BREXIT vote which they opposed 2-1, I think a renewed referendum and an exit by Scotland which then joins the EU is inevitable.

 

Northern Ireland the Deputy First Minister urges a united Ireland. :eek: Like Scotland, it voted heavily to stay in the EU. I heard somewhere for some reason, it will be much harder for Norther Ireland to leave to UK. What up with this?

 

Wales There's some talk of Wales pulling out of the UK...but why? Like England, it voted to leave the EU, so why would it want to break from England? And how would this work?

 

Overseas Territories

In Gibraltar, only three guys and two monkeys voted to leave the EU. After losing this vote, what options does Gibraltar now have?

I'm hearing nothing on the Falkland Islands, etc.

Diego Garcia?

 

Edit: I just heard there a petition going around to demand the new Mayor of London declare London to be an international city and have it join the EU.

Edited by Zkribbler

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You must know something I don't. :hmmm: As I understand things, Yellin's job at the Fed. is to maximize employment while minimizing inflation. Economic growth isn't part of her mandate, is it?

I'm just going to quote from the New York Times on this one: "The Federal Reserve has once again pared its plans for raising interest rates, citing the weakness of the global economy as a reason for greater caution about the prospects for domestic growth."

 

So, like I said, if economic growth is going to go gangbusters, Janet Yellen clearly hasn't gotten the memo. Mind you, that was 2 months ago - but the fed isn't making any new noise about rate hikes now, either.

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In other news I bought myself and my daughter new football shirts today before they put the prices up due to the economic bust We In Great Britain are about to face

 

Oh and Boris is having lessons on how to use a ZipWire :D

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ps I need to edit my profile since we aint united anymore lol

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...So, like I said, if economic growth is going to go gangbusters, Janet Yellen clearly hasn't gotten the memo. Mind you, that was 2 months ago - but the fed isn't making any new noise about rate hikes now, either.

 

I see we aren't as far apart as I thought.

 

I'm talking about long-term U.S. economic growth.

You're saying that current world economic problems will have some negative affects on the U.S. economy.

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What's going on with the rest of the UK?

 

I need help understanding what's going on in the non-England parts of the UK now that BREXIT has passed.

 

Scotland is pretty understandable. They almost left the UK two years ago, but now with this BREXIT vote which they opposed 2-1, I think a renewed referendum and an exit by Scotland which then joins the EU is inevitable.

 

Northern Ireland the Deputy First Minister urges a united Ireland. :eek: Like Scotland, it voted heavily to stay in the EU. I heard somewhere for some reason, it will be much harder for Norther Ireland to leave to UK. What up with this?

 

Wales There's some talk of Wales pulling out of the UK...but why? Like England, it voted to leave the EU, so why would it want to break from England? And how would this work?

 

Overseas Territories

In Gibraltar, only three guys and two monkeys voted to leave the EU. After losing this vote, what options does Gibraltar now have?

I'm hearing nothing on the Falkland Islands, etc.

Diego Garcia?

 

Edit: I just heard there a petition going around to demand the new Mayor of London declare London to be an international city and have it join the EU.

 

Well Scotland has a longer history as separate entity and is closer to a being a nation than Wales is/was. Wales was conquered by England whereas Scotland was more of a merger so kept a lot of its institutions, law, education systems etc. Wales has the same legal system, education etc as England. Bit simplistic but if you compare the one party state in Scotland to how the nationalists are doing in Wales you'll see the contrast.

 

Northern Ireland. Well I think that needs more than a single post. My view would be that the Loyalist/Protestant community would be very against a united Ireland. Also I suspect Eire would struggle financially to cope as NI (and most places outside London) tend to be subsidised by London and EU - oops.

 

Gibraltar is worried about Spain closing the border which would hammer the economy. Falklands and the few islands in the Caribbean I don't think it will make much difference. They didn't get a vote either.

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Interestingly a lot of people seem to be having second thoughts about voting leave according to the media as their vote was mainly a protest vote against other issues.

 

There's also some interesting stats on the voting patterns with the older you are the more likely you are to have voted leave. The younger and more educated you are the more likely you are to have been a remain. The areas least affected by Immigration were also strong leave areas suggesting its the fear of immigration and change that are the issue. London which is probably the most multicultural area of the UK was generally remain.

And of course older people tend to be more likely to vote full stop.

 

Worryingly the second most popular Google EU search in the UK after the result was "What is the EU".

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God I love watching the dirty socialists brains explode. Hahaha.

 

Sanity finally fighting back against the socialist machine. Happened in UK, happening in US under Trump, and looks like might be happening in AU for our general election next weekend.

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Eh, it's questionable just how committed Trump is to non-crony capitalism. But as far as making socialists' heads explode from sheer exasperation that he's the natural consequence to the Obama Administration? Yeah, he'll deliver on that for sure.

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