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Old 06-24-2016, 10:19 AM
 
Location: Los Angeles County
11,104 posts, read 9,092,655 times
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We need to come up with a name for when the US attempts to "take the country back". uSexit?
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Old 06-24-2016, 10:22 AM
 
Location: Texas
32,732 posts, read 17,791,801 times
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Default Brexit looks like it's going to happen!

My prediction:

It won't be the disaster that the naysayers foresee.

It won't bring the benefits that the supporters voted for.

It'll settle out somewhere in the middle and neither side will be pleased.
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Old 06-24-2016, 10:22 AM
 
Location: Wonderland
41,288 posts, read 32,977,860 times
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Quote:
Originally Posted by cpg35223 View Post
Way too early to be taking temperature, of course, but it's interesting to note that the FTSE is only down 2.5%. It's the European markets that are really taking it in the shorts.

That tells me that the British are far less panicked about this than the Germans and French.
Right.

This is just a hiccup on this side of the pond. Of course, some people panic over everything because they live their lives based on sound bytes and YouTube.

The Talking Heads love anything that might smack of a crisis. Ratings, folks, ratings. Keep that in mind.

Haha, speaking of videos - this one applies.


https://www.youtube.com/watch?v=rPJz3syNbtE
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Old 06-24-2016, 10:25 AM
 
Location: Murphy, North Carolina
2,067 posts, read 939,432 times
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Brexit.

Followed up by: Grexit. Departugal. Italeave. Fruckoff. Czechout. Oustria. Finish. Slovakout. Latervia. Byegium.

Last edited by SouthernTiger; 06-24-2016 at 10:45 AM..
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Old 06-24-2016, 10:27 AM
 
1,425 posts, read 822,874 times
Reputation: 3288
Quote:
Originally Posted by Old Gringo View Post
My prediction:

It won't be the disaster that the naysayers foresee.

It won't bring the benefits that the supporters voted for.

It'll settle out somewhere in the middle and neither side will be pleased.
Probably the best summation I've seen yet, and I totally agree. Yes, the markets are going nuts today, but they'll level out. Actual demand for goods isn't changing; the global population is remaining the same, and there are the same number of suppliers and customers today as there were yesterday.

Immigration seems to be one of the biggest hot-button issues over there, what with the Syrian refugees and all. Not sure if this will do much to change anything although at least David Cameron is quitting so maybe a more anti-immigration leader will emerge.

Overall though, not much will change and the world will continue to exist.
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Old 06-24-2016, 10:49 AM
 
4,522 posts, read 2,805,855 times
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Quote:
Originally Posted by SouthernTiger099 View Post
Brexit.

Followed up by: Grexit. Departugal. Italeave. Fruckoff. Czechout. Oustria. Finish. Slovakout. Latervia. Byegium.
Definitely won't be a Grexit. They will be holding on as hard as they can. Thats like saying all these illegals in CA are just going to decide to willingly go back to Mexico
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Old 06-24-2016, 10:52 AM
 
Location: Whereever we have our RV parked
8,107 posts, read 7,119,541 times
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IMHO, the real problem for all these countries that are hitting the panic mode because of declining population and the associated "problems" is two fold. One is their terribly high budget deficits. A shrinking population is going to have a harder problem handing the debt. So they put a bandaid on it, massive immigration, hoping that these new citizens will fix their problem, which it will not. It will only make it worse.

What they don't want to face is govt. budget cuts to balance their budgets and the people don't want tax increases or cuts in social spending. Britain will continue to have problems, but at least they can now plan their own way to treat their problem, rather than having uncaring bureaucrats from other countries make their decisions for them.

There is tons of hand wringing on the internet over these declining birth rates, but the main concern is for the big money people. IMHO, a decline in population is a good thing. The world is overcrowded as it is.
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Old 06-24-2016, 10:55 AM
 
Location: Pacific Beach/San Diego
3,465 posts, read 2,291,393 times
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Quote:
The polling was about 8% off. I don't understand how the polling was so off. A turnout of 72% apparently UK voters turned out to make sure their voices were heard.

In this particular case, the voting was popular vote and the cities didn't have turnout as much as the rural areas did. For example, Manchester was in the "stay" category, but only 57% from there voted. They probably read the same polls, thought "my vote won't matter", and stayed home.
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Old 06-24-2016, 11:03 AM
 
4,341 posts, read 2,231,583 times
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I'm seriously surprised. I thought the disease of Liberalism had eaten out the backbones of all Brits. Good for them for refusing to support all the welfare parasites and islamic extremist who have snuck into other EU countries under the guise of being a "refugee".
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Old 06-24-2016, 11:07 AM
 
Location: OC, CA
9,863 posts, read 13,267,087 times
Reputation: 8732
Quote:
Originally Posted by augiedogie View Post
IMHO, the real problem for all these countries that are hitting the panic mode because of declining population and the associated "problems" is two fold. One is their terribly high budget deficits. A shrinking population is going to have a harder problem handing the debt. So they put a bandaid on it, massive immigration, hoping that these new citizens will fix their problem, which it will not. It will only make it worse.

What they don't want to face is govt. budget cuts to balance their budgets and the people don't want tax increases or cuts in social spending. Britain will continue to have problems, but at least they can now plan their own way to treat their problem, rather than having uncaring bureaucrats from other countries make their decisions for them.

There is tons of hand wringing on the internet over these declining birth rates, but the main concern is for the big money people. IMHO, a decline in population is a good thing. The world is overcrowded as it is.
Glad some get it. Without immigrants that assimilate and contribute they are a drain on society as many are in UK and since their benefits are so incredible ( I know someone that works for DHHS/ DHS you would be amazed all refugees head for England as they as have the best bennies ) there is little motivation to assimilate and change.
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