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Old 06-23-2016, 11:29 PM
 
Location: England
26,272 posts, read 8,433,439 times
Reputation: 31336

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Quote:
Originally Posted by Seacove View Post
17 million less educated in more rural areas. This was not the choice of cities like London and this will ultimately weaken Britain a great deal. I think the Leave contingent are feeling like the dog that caught the car right now. Cameron will probably resign today or in the coming days.
You mean the London full of foreigners who have driven the true Londoners out of the city? The people who have bought up apartments, then leave them empty as a financial investment? The elite that care about nothing but themselves? The elite who complain how slow their minimum wage server is?

We'll take our chances thank you. The 17 million less educated are fed up, and something had to give before there were riots.

 
Old 06-23-2016, 11:33 PM
 
Location: Phoenix
30,385 posts, read 19,184,321 times
Reputation: 26294
Quote:
Originally Posted by bohunak View Post
Seacove, you're quite arrogant. Let's talk about where's England in couple of years again. Of course, England will pay for their independence for some time, but everything will be good in longer run.
And for your info, TX is doing quite good, despise the oil bust. Still kicking strong, not the strongest, but still good. I wouldn't want to see Seattle in crisis and bust. Piercing bubble.
I don't support Trump, but Hillary is even worse alternative, at least for me. Maybe, I can write Mickey Mouse on the ballots. No, I have an idea- libertarian all the way.

Anyway, less arrogant approach would suite you better.

Congratulation to Brits. Prepare for take off.
Excellent post. I think this will turn out well for England in the long run but there likely will be a temporary downturn until they get things sorted. I'll probably lose $100K in stock value tomorrow...I'm still happy and I'll get that back.

Wife and I are planning a vacation to the UK soon...best time for an extended visit.
 
Old 06-23-2016, 11:34 PM
 
Location: New York Area
35,081 posts, read 17,043,458 times
Reputation: 30247
When Britain joined the European Common Market in 1973 both the UK and the European countries to which it was hooking itself were very different. The U.S., which had nursed Europe back to health after the devastation of WW II (which in turn had not really recovered from WW I) was stretched thin by Vietnam. The Watergate scandal was still hovering on a distant horizon but was developing. The U.S. was about to dismantle Phase II wage and price controls. The interim Smithsonian Accords of December 1971, which was a patch up of Bretton Woods, was about to collapse.

Fast forward to the new millennium. The Cold War is over. The U.S., if not riding high, is riding higher. Britain is no longer a declining nation ready to sing its swansong. And the Common Market morphed into the EU, which was taking control of greater and greater day to day matters. Immigrants who can't readily be assimilated are overrunning Europe. In short, Atlantacism makes a lot more sense than further integration with Europe.

Britain returned to a modernist path, abjuring Europe's retreat to statism/mercantalism, dressed up in the modern label of socialism.

Time to "Brexit."
 
Old 06-23-2016, 11:36 PM
 
56,988 posts, read 35,221,200 times
Reputation: 18824
No. Europe is an intrinsically socialist continent. That ain't never gonna change. They had generous social benefits before the E.U. even existed, and they'll have those same programs even if the E.U. is relegated to the dustbin.

Anyone who knows about or has lived in Europe knows this to be a fact. England leaving the E.U. changes absolutely nothing on that front.
 
Old 06-23-2016, 11:36 PM
 
21,989 posts, read 15,722,939 times
Reputation: 12943
Quote:
Originally Posted by bohunak View Post
Seacove, you're quite arrogant. Let's talk about where's England in couple of years again. Of course, England will pay for their independence for some time, but everything will be good in longer run.
And for your info, TX is doing quite good, despise the oil bust. Still kicking strong, not the strongest, but still good. I wouldn't want to see Seattle in crisis and bust. Piercing bubble.
I don't support Trump, but Hillary is even worse alternative, at least for me. Maybe, I can write Mickey Mouse on the ballots. No, I have an idea- libertarian all the way.

Anyway, less arrogant approach would suite you better.

Congratulation to Brits. Prepare for take off.
I'm arrogant because I'm comparing Texas' endless threats to leave the US to what voters have done to Britain? I'm not sure why you feel the need to attack me personally, but I think this will hurt Britain tremendously and time will tell if the financial markets in London will ever be the same again.

Quote:
Originally Posted by Tall Traveler View Post
Excellent post. I think this will turn out well for England in the long run but there likely will be a temporary downturn until they get things sorted. I'll probably lose $100K in stock value tomorrow...I'm still happy and I'll get that back.

Wife and I are planning a vacation to the UK soon...best time for an extended visit.
I don't know how it will turn out for England in the long run, no one does, but I am not at all confident they will ever regain the financial strength they had yesterday. As for visiting, you should, it's everything you would imagine.
 
Old 06-23-2016, 11:38 PM
 
56,988 posts, read 35,221,200 times
Reputation: 18824
Meh...why should Britain favored trade nation? For what?
 
Old 06-23-2016, 11:38 PM
 
Location: TUS/PDX
7,825 posts, read 4,570,108 times
Reputation: 8859
Quote:
Originally Posted by Tall Traveler View Post
Excellent post. I think this will turn out well for England in the long run but there likely will be a temporary downturn until they get things sorted. I'll probably lose $100K in stock value tomorrow...I'm still happy and I'll get that back.

Wife and I are planning a vacation to the UK soon...best time for an extended visit.
Pretty chipper attitude for someone getting a $100K haircut. Good on you.
 
Old 06-23-2016, 11:40 PM
 
Location: New York Area
35,081 posts, read 17,043,458 times
Reputation: 30247
Quote:
Originally Posted by Motion View Post
Just saw economist Stephen Moore. He says that with the UK leaving the EU the remaining EU countries will have less money to fund their socialist policies. So will we be seeing a change in the amount of socialism that's practiced in Europe because of the UK exit?
I will post more extensively on this but this should put paid to the idea of world government. As Margaret Thatcher said (not word for word) "the problem with Socialism is that eventually you run out of other people's money to spend."
 
Old 06-23-2016, 11:40 PM
 
79,907 posts, read 44,231,797 times
Reputation: 17209
Quote:
Originally Posted by take57 View Post
Because we're getting a front row seat of the meltdown if Trump get elected President. At this writing any gains our economy made have recently made have been flushed right down the toilet in the space of a few hours. Hop on over to Bloomberg if you don't believe me.

Well done jingoistic patriots, well done.
I'm not voting for either but yes, Bloomberg wants the corporate elitist Hillary to win.
 
Old 06-23-2016, 11:42 PM
 
Location: Barrington
63,919 posts, read 46,765,593 times
Reputation: 20674
Quote:
Originally Posted by Seacove View Post
It looks like Paris is all too happy to take the financial markets from London.

I wonder if posters here would like to see the US break apart in similar fashion.
" Regional patriots" mostly southerners, have fantasizes about leaving the union, since forever.

SCOTUS ruled back in 1867 that once a state joins, there's no way out, beyond a civil war and we know how that turned out.

In recent times, no governor has supported the super Minority of people who desire their state leave the union.
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