Brexit

[jmc]

Yep the old people will be dead soon. When they are gone the young people will have control and can do what they want.

Maybe they are voting for what they feel is best for their kids and grandkids. Who's to say they are not right?

If a bunch of people are ignoring a host of experts telling them this is a terrible idea because it could screw the economy then it's hard for me to believe they are thinking about their kids future. There's a disturbing trend in western politics now of downplaying people who are smart. This is an appalling trend.

 

[wampa1]

They're not allowed to vote because they do not yet have life experience, they are children and are still receiving education.

They were allowed to vote in the Scottish Independence Referendum and are the ones who will live longest with the consequences of 'Brexit'

 

[Charlatan]

More countries will announce before the end of July that they'll be doing their own referendums to leave or remain in the EU.

That's why the markets will stabilize when the dust settles (they will completely tank if not spaced out appropriately, so on that front there should be some form of internal coordination amongst those still in the EU). Keep an eye out for a global reset on debt and deficits within the next year to act as a reset.

Global reset on debt and deficits? To act as a reset? Yeah what a novel idea. Let's just wipe the slate clean for everyone. No one owes anyone anything.
All bank accounts emptied. Everyone starts at zero. All they have left are bootstraps and freedom. Tell me, do you have a degree in international economics?

 

[Lilbaz]

If a bunch of people are ignoring a host of experts telling them this is a terrible idea because it could screw the economy then it's hard for me to believe they are thinking about their kids future. There's a disturbing trend in western politics now of downplaying people who are smart. This is an appalling trend.

Ah the experts. The same experts who predicted the financial crash in 2008? The same experts that predicted that we would vote remain sending the £ rocketing?

Economics is not a science, it is a prediction of how people behave. None of them knows what will happen next. We will see a shock and possibly lack of investment in the short term but who knows where we will be in 5 years time. If there will even be a EU.

The experts predicted gloom and doom for pulling out of the gold standard and again the erm. It turned out that the countries that pulled out first were the ones that recovered quickest.

 

[Lilbaz]

They were allowed to vote in the Scottish Independence Referendum and are the ones who will live longest with the consequences of 'Brexit'

They are not allowed to vote in general elections in the uk and never have. Let it go leave won. No if's, but's or maybe's are going to change the result.

 

[Charlatan]

Lenders love when the markets move this much.

just like they opened up their coffers in 2007 and the money rained down like pennies from heaven. There was no need for bailouts by governments borrowing against the future. All those trillions gone into the ether never happened. no one lost their savings or their job.

 

[Charlatan]

They are not allowed to vote in general elections in the uk and never have. Let it go leave won. No if's, but's or maybe's are going to change the result.

They could have another referendum.

 

[Lilbaz]

They could have another referendum.

We've had a referendum. We are not going to have multiple referendums until we get a vote that you think is right. It doesn't work that way. Everyone knew the rules before entering and now we have to live with the decision. If the government and middle classes had listened to people saying there were problems then this might have been avoided but for the last 15 years they have turned a blind eye. The i'm all right jack attitude has led to this result.

 

[chamber-music]

Then what is even the point of her f***ing existence, to be honest?

Figurehead and glorified tourist attraction.

The reason the current British monarchy survived while others in Europe didn't is because they wisely decided to stay out of politics.

I thought Brits were supposed to be less stunningly ignorant than Muricans?

We have our share of ignorant people as well.

I could deal with evolution. But 330k net immigration a year all dumped on the poorest parts with average 40k houses built a year, austerity and no extra jobs available? Guess what? People are going to have the hump. Standard of living has dropped for a large % of the population. But as long as it doesn't effect you it's "rose tinted glasses".

The housing crisis is the result of many problems not related to immigation though.

The right to buy reducing council house stock.
Councils not build enough and the right kind of housing to meet peoples needs.
The global financial crisis making it difficult for developers to get money.
British planning and build laws being ridiculously complicated and bureaucratic.
Foreigners from Russia, china and the middle east buying up housing they don't use in London as a investment or to launder money.

All those non EU related issues are the cause of the housing crisis.

In regards to the strains on areas due to a large influx of immigration, the UK could of lobbied the EU for financial aid to be invested in those areas to help with the cost. The EU was already paying for the cost of new affordable housing in places like northern Ireland for example. Most people don't even know they do thongs like that.

Austerity from the global financial crisis and globalization is why the stars of living dropped. It is also why economic migration boomed. Blaming the EU for that is inaccurate.

Again a lot of problems are misplaced as being caused by the EU. Too many people get bad oversimplified sensationalist garbage from the tabloid press and believe it as true.

The biggest burden on the nhs is are ageing population, rising obesity and binge drinking drunk idiots filling up a&e's every weekend.

it would. by a huge margin. buyer's remorse is already setting in.

I have already seen plenty of it. The mood was sombre as hell in my area of London that voted to remain. My parents lots a few thousand pounds on some investments.

Just signed it.

This time I won't forget to actually vote this time around.

You should try postal voting as it is easy and convenient. Your district sends you your ballot which you simply mark, sign and drop in a post box.

I have never missed voting since doing it by post. The only drawback is you vote a couple weeks earlier so you have to make your mind up more early.

This whole Brexit thing could have been avoided had the EU actually listened to its members and stopped overreaching on many things that individual countries could just as easily done on their own. From reading about all the problems with the EU, it just seems like it has grown into a bureaucratic mess that was overstepping its original mission and intent.

Some the social areas the EU gets into should be left to it's individual members parliaments.

The EU is also painfully slow to change and adapt at times.

 

[Lilbaz]

Figurehead and glorified tourist attraction.

The reason the current British monarchy survived while others in Europe didn't is because they wisely decided to stay out of politics.

We have our share of ignorant people as well.

The housing crisis is the result of many problems not related to immigation though.

The right to buy reducing council house stock.
Councils not build enough and the right kind of housing to meet peoples needs.
The global financial crisis making it difficult for developers to get money.
British planning and build laws being ridiculously complicated and bureaucratic.
Foreigners from Russia, china and the middle east buying up housing they don't use in London as a investment or to launder money.

All those non EU related issues are the cause of the housing crisis.

In regards to the strains on areas due to a large influx of immigration, the UK could of lobbied the EU for financial aid to be invested in those areas to help with the cost. The EU was already paying for the cost of new affordable housing in places like northern Ireland for example. Most people don't even know they do thongs like that.

Austerity from the global financial crisis and globalization is why the stars of living dropped. It is also why economic migration boomed. Blaming the EU for that is inaccurate.

Again a lot of problems are misplaced as being caused by the EU. Too many people get bad oversimplified sensationalist garbage from the tabloid press and believe it as true.

The biggest burden on the nhs is are ageing population, rising obesity and binge drinking drunk idiots filling up a&e's every weekend.

I have already seen plenty of it. The mood was sombre as hell in my area of London that voted to remain. My parents lots a few thousand pounds on some investments.


You should try postal voting as it is easy and convenient. Your district sends you your ballot which you simply mark, sign and drop in a post box.

I have never missed voting since doing it by post. The only drawback is you vote a couple weeks earlier so you have to make your mind up more early.


Some the social areas the EU gets into should be left to it's individual members parliaments.

The EU is also painfully slow to change and adapt at times.

You really think that a net migration of 330k a year while only 40k houses are built hasn't effected the house prices or rents? I agree that this was a problem the governments should have dealt with. That is why i said they have ignored people and this is the result.

The bank of englands report has said that mass immigration has kept wages for unskilled workers down by as much as 25%. This with high rents has seen a massive effect on living standards. Especially as their dispossable income was not that much to start with so the effect is even more dramatic.

Yes there are other factors and need to deal with them also.

 

[chamber-music]

They're not allowed to vote because they do not yet have life experience, they are children and are still receiving education.

They voted in the Scottish referendum.

If something affects their future then it is certainly worth hearing their opinion.

The EU is going to go hard on trade tariffs for the UK. Companies will either have to absorb the costs which may lead to people being fired or pass the costs onto consumers which may mean less sales and again more job losses.

 

[Lilbaz]

They voted in the Scottish referendum.

If something affects their future then it is certainly worth hearing their opinion.

The EU is going to go hard on trade tariffs for the UK. Companies will either have to absorb the costs which may lead to people being fired or pass the costs onto consumers which may mean less sales and again more job losses.

They voted in the scottish referendum because the snp thought they would swing the vote.

They are children still in education or training. Should we let 4 year olds vote? It will effect their lives even longer. No. We let the adults decide.

 

[chamber-music]

You really think that a net migration of 330k a year while only 40k houses are built hasn't effected the house prices or rents? I agree that this was a problem the governments should have dealt with. That is why i said they have ignored people and this is the result.

The bank of englands report has said that mass immigration has kept wages for unskilled workers down by as much as 25%. This with high rents has seen a massive effect on living standards. Especially as their dispossable income was not that much to start with so the effect is even more dramatic.

Yes there are other factors and need to deal with them also.

330k a year aren't all buying, renting or taking council housing. Once migrants settle a lot of them bring their family to live with them. Not every migrant plans to stay in the UK either.

We have tons of empty housing in places like Middlesbrough which could be used with some renovation like they are doing in Liverpool's neglected empty homes. scotland can't get enough migrants either.

Demand and prices for housing and is growing in every almost every booming city. From new York to san Francisco to Melbourne to Tokyo. Gentrification and the growing world population has made demand in major cities skyrocket.

Disposal income is down for most people. Income for unskilled workers isn't going to grow outside the EU anytime soon. Those migrants were subsidising others people's incomes on the UK with their taxes. Immigrants contributed more than they take.

 

[MessiahDecoy123]

Global reset on debt and deficits? To act as a reset? Yeah what a novel idea. Let's just wipe the slate clean for everyone. No one owes anyone anything.
All bank accounts emptied. Everyone starts at zero. All they have left are bootstraps and freedom. Tell me, do you have a degree in international economics?

Clearly he went to the Tyler Durden school of economics.

 

[wampa1]

They are not allowed to vote in general elections in the uk and never have.

This wasn't a General Election : /

 

[Lilbaz]

330k a year aren't all buying, renting or taking council housing. Once migrants settle a lot of them bring their family to live with them. Not every migrant plans to stay in the UK either.

We have tons of empty housing in places like Middlesbrough which could be used with some renovation like they are doing in Liverpool's neglected empty homes. scotland can't get enough migrants either.

Demand and prices for housing and is growing in every almost every booming city. From new York to san Francisco to Melbourne to Tokyo. Gentrification and the growing world population has made demand in major cities skyrocket.

Disposal income is down for most people. Income for unskilled workers isn't going to grow outside the EU anytime soon. Those migrants were subsidising others people's incomes on the UK with their taxes. Immigrants contributed more than they take.

If the 330k aren't renting, buying or living in council accomodation where are they living? I know that there are a lot of homeless eastern europeans in camden and marbe arch but i don't think there are 330k of them.

 

[Lilbaz]

This wasn't a General Election : /

It was an referendum for the entire uk rather than just scotland. I'm sure you understood what i was trying to say and are just being pedantic. Which doesn't really help in these types of debates.

 

[jr24tw]

The EU was already paying for the cost of new affordable housing in places like northern Ireland for example. Most people don't even know they do thongs like that.

It amazes me how stunningly uninformed and brainwashed by the media and government a lot of Brits are. I've spend the last 10h or so reading stuff from people, especially the Brits and EU citizens working in the UK.

Do the Brits not realize how much of their economy is funded by the EU? Especially fields like Science & Research who get virtually nothing from their own government and are simply running on EU funding. A lot of them are already looking into potentially going somewhere else because without those fundings they will be out of a job. And since quite a few of them are EU citizens, not Brits, once the UK are out of the EU it will be too expensive for them there. Good for the rest of the world who I'm sure would gladly take those scientists. Plus then they will have less problems with racism (which makes quite a few of them feel unwelcome anyway). Win/win for everyone, except the UK I guess.

 

[Reek]

It amazes me how stunningly uninformed and brainwashed by the media and government a lot of Brits are.

I hope you aren't speaking as an American.

 

[jr24tw]

I hope you aren't speaking as an American.

I'm not American.

 

[Charlatan]

I hope you aren't speaking as an American.

oh we have our problems with people who are ill informed and make decisions in reaction to emotional stimuli. Nationalism and Xenophobia work. It's an old appeal used by demagogues.

 

[Rodrigo90]

The many comments I'm seeing are disturbing on the daily mail website. There's talk of the French letting illegal immigrants enter into the UK without attempting to stop them, and idiots here are saying they should actually blow up the channel tunnel and use live rounds to exterminate them... This is what the mentality of the U.K. is becoming now?

 

[jr24tw]

This is what the mentality of the U.K. is becoming now?

Apparently yes. I've also watched a couple of videos on youtube and you do not want to see what some people wrote there.

You have to hand it to the Government though. By using the media they successfully brainwashed the UK public. Brilliant.

 

[TheCommissioner]

the EU is going to screw the UK on tariffs and taxes and so they should

there will be an exodus out of the UK, not massive, but expect technology firms, academics, some VCs, because it will be very hard to do business there

 

[Matt]

the EU is going to screw the UK on tariffs and taxes and so they should

there will be an exodus out of the UK, not massive, but expect technology firms, academics, some VCs, because it will be very hard to do business there

Yep...but honestly, I really think this will be a blip on the radar. I think a lot of people are overestimating the long term impact of the Brexit. I think the US market will bounce back relatively quickly (the DOW was already starting to trend up at close yesterday). European economies will take hits, but I tink it will even out also. And frankly, I think within the next ten years, the UK will probably rejoin the EU.