Will the crash of the Pound and dropping of the Euro lower demand for NYC housing? (Colonie: live in, military)
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Brexit is a financial non-event. Historically, if you look at all currency crisis from the destruction of the pound in 92, the 97 asian crisis, to the ruble and the euro crisis last 3 years, they were all non-events because markets always correct to mean reversion and life goes on. There is no existential end of times scenario as liberals often like to fearmonger to retain power. In 4 weeks, nobody will be talking about this. In 3 months, trade deals will be re-written, and nobody will remember. The only ones who take a hit are the current liberal socialist elite power structure. This means that global power now trends towards conservatives and nationalism. That is the new trend.
Brexit also symbolizes that Trump will most likely win the presidency and expose liberal journalist polls to be bs propaganda.
London will be the lesson that nationalism is almost just as damaging as religion. The poor and uneducated will be effected first and realize their life is still the same pile of crap.
And to say markets reset itself is correct but not before effecting people's lives, many lost their jobs and financial stability as well as homes. Look at our recession, it left many victims behind that have still not fully recovered, if at all
Trump may very well win the Presidency. But even if Clinton wins, she had to use pro working class rhetoric and come out against neoliberalism.
The reason why global power trends towards nationalism is because of the horrible trade deals that were signed in the 1990s that will need to be re-written.
How can she come out against neoliberalism, while she is a neoliberal herself?
Scotland ain't going nowhere. And if they choose to do, that would be much more irrational than Brexit.
Who the hell blames religion and nationalism before politicians and government? Silly way of thought.
The reason why Scotland voted to stay in the UK is for UK promising to stay within the Euro zone. I can see Scotland becoming independent, I'm not sure northern Ireland will unite with the rest of Ireland especially with the small Protestant minority who will be victimized by Irish Catholics without the protection of the British. I hope for Scottish independence, especially since I have roots there.
The reason why Scotland voted to stay in the UK is for UK promising to stay within the Euro zone. I can see Scotland becoming independent, I'm not sure northern Ireland will unite with the rest of Ireland especially with the small Protestant minority who will be victimized by Irish Catholics without the protection of the British. I hope for Scottish independence, especially since I have roots there.
That would be independence from both the UK and the EU.
The reason why Scotland voted to stay in the UK is for UK promising to stay within the Euro zone. I can see Scotland becoming independent, I'm not sure northern Ireland will unite with the rest of Ireland especially with the small Protestant minority who will be victimized by Irish Catholics without the protection of the British. I hope for Scottish independence, especially since I have roots there.
it's pointless now, because the EU won't even exist in a year.
it's pointless now, because the EU won't even exist in a year.
True that. But maybe more than a year since it took this long for them to figure out how worthless they are. One day they'll all rid themselves of this one extra layer of wasted time and incompetence. Post-war overcompensation creating unnecessary complexities.
True that. But maybe more than a year since it took this long for them to figure out how worthless they are. One day they'll all rid themselves of this one extra level of wasted time and incompetence. Post-war overcompensation creating unnecessary complexities.
france, austria, netherlands, finland and hungary are next. with the UK gone, the remaining northern european members now see their annual EU contribution bills rise in the billions. with france and the UK gone, germany won't be willing to foot the escalating bill. think, domino effect.
writing new trade deals isn't difficult because countries within the western world already do business, it's not like trying to draft a deal with north korea or something.
i look forward to england being england again. and the return of unique individual identity of people.
if anything, maybe brexit ends the monotony and conformity within society, ie music, arts, hopeless hipsters, girls wearing nose septums, pointy classes, tattoos, and done so herdlike.. there will be alot more change i think, other than just financial.
france, austria, netherlands, finland and hungary are next. with the UK gone, the remaining northern european members now see their annual EU contribution bills rise in the billions. with france and the UK gone, germany won't be willing to foot the escalating bill. think, domino effect.
writing new trade deals isn't difficult because countries within the western world already do business, it's not like trying to draft a deal with north korea or something.
i look forward to england being england again. and the return of unique individual identity of people.
if anything, maybe brexit ends the monotony and conformity within society, ie music, arts, hopeless hipsters, girls wearing nose septums, pointy classes, tattoos, and done so herdlike.. there will be alot more change i think, other than just financial.
Particularly since Scotland and Northern Ireland now say they want to separate, England will be England again.
That would be independence from both the UK and the EU.
I'm not sure if folks have been following Brexit, But I have have been following what is going on in Europe for a while now. The reason why is that I find it very concerning especially since so many young Europeans live in NYC now a days and it makes me question what is wrong with Europe?
UK has two more years left in its EU membership after the Brexit vote. Scotland independce referendum is going to take some years. The reason why Scotland voted to stay in the UK is because the benefits of the EU. Now with Britain is bowing out of the EU, will give the Scots more autonomy to leave the UK. The big issue if the Scots leave the UK will be the pensions of millions of Scotts.
Quote:
Originally Posted by HarryHaller73
it's pointless now, because the EU won't even exist in a year.
Don't make me laugh.
Quote:
Originally Posted by G-Dale
True that. But maybe more than a year since it took this long for them to figure out how worthless they are. One day they'll all rid themselves of this one extra layer of wasted time and incompetence. Post-war overcompensation creating unnecessary complexities.
Right now in Europe things are politically tense. You have left wing and right wing political movements who are calling for more national sovereignty over politics and economy. The EU in a sense was a bad deal, and plenty of Europeans did not know what they were getting into. This is the reason why I don't blame Britain, even though an EU member, did not change their currency from Pound to the Euro, or became part of the Shenghen agreement. Also in Europe we have ethnic tensions going on. I'm not talking about migrants, but certain ethnic groups want to be independent from parent countires such as Scotland, Catalonia in Spain, Basque Region of Spain, Venice region of Italy, and the split of Belgium between French Speaking Wallon, and Flemish speaking east. France can split into three countries, the Italic Provence and Occiatian in the South which is culturally different than the Germanic/Celtic influenced Central and North France.
Big problem with Europe is that it had too many wars, and to many entities imposing thier will on lands and people for economic reasons, from Greek Colonies stretching from Turkey to Spain, Roman Empire based in italy which brought Pax Romana as far north to Scotland all the way down to Egypt and stability to all of Europe for 200 years, Rome dissolved thanks to Germanic tribal indifference, and Christian rivalry over Monotheists vs Trinitarians Christians. Frankish Kingdoms, Holy Roman Empire fought for control of Italian political base after the fall of Rome. Than you have Spanish Empire through marriage controlled half of Italy, all of Germany, Netherlands and Portugal, which later lead to the, bloody Italian wars, wars of Religion and 30 years war which was very bloody and lead to the decline of Spain and the rise of France. France rise and political dismay lead to the revolution and the rise of Napoleon, who ruled most of Europe until his defeat in 1815. Than you have wars between Germany, Austria, and wars between Germany and France which lead to Germany being a European power that will clash with Britain and Russia Germanys growth will lead to WW1 and WW2. European leaders realized all these wars in the past were not beneficial in the long run politically and economically. EU will be around but left wing and right wing parties will demand reforms. The only entity with the best Stuart ship of Europe has been the Roman Empire, but EU fails to replicate this. The EU is designed for member states to share political and economic power instead of fighting each other for it like it did in the past.
Also Brits are asking for a 2nd vote referendum on voting to stay in the EU.
Last edited by Bronxguyanese; 06-26-2016 at 10:25 AM..
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