UK EU Referendum Thoughts

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droid

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Short version: economic turmoil caused by the uncertainty. An upswing in right-wing xenophobia as the utterly odious crypto-fascist Nigel Farage makes hay while the Sun shines on his project. Divorce negotiations ...the Brexiters have been selling a lie; that they'd get a no-fault divorce and keep the house. Reality is somewhat less convenient and Brussels has no alternative but to play hardball if it is to deter other loosely-bound members from following England's example. Most likely England will end up losing the house, the CD collection, and the cat and having to sleep in the car. For example, the biggest chunk of the UK economy today is the banking sector, and London is the global number one market for euro-denominated derivatives trading. But London, as a non-euro zone market, is only allowed to trade in euros because it's the capital of an EU member state. A London that is out in the cold will lose that business. Expect much of the British financial sector to decamp to Frankfurt, Paris, and Brussels. And there will be other ghastly economic consequences; if the UK is allowed to get it's no-fault divorce, when why should Greece put up with the Troika's demands?

This is only just beginning, but I think it's safe to say we're back in the Scottish Political Singularity, with a disturbing undercurrent of violent jingoistic xenophobia down south -- the Scottish divorce from Englandshire won't be uncontested or fault-free either -- and meanwhile the smirking fascist in the corner is hoisting his pint glass and humming "tomorrow belongs to me."

http://www.antipope.org/charlie/blog-static/2016/06/tomorrow-belongs-to-me.html
 
It's still a big fall, and the Euro isn't the only other currency in the world. xe.com's charts don't go back further than 10 years but £ is at a lower value vs $US than at any time in the past decade.

Well, it's a big shock, no doubt. But I don't believe the sky is falling. In fact if you look outside the colours seem brighter, more noble. Is that... is that a joyful peal of bells I hear somewhere across the Downs. ;)
 

droid

Well-known member
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rubberdingyrapids

Well-known member
Cameron has gone

thats brilliant.

until you consider who will likely replace him.

i wouldnt be that surprised to soon see boris in number 10. and trump in the white house.

england is just another western country in the throes of right wing nationalism.

hurrah.
 

Woebot

Well-known member
right - i'm going to give this thread a day or so and then i reckon we should lock it.

time for a new thread if that's alright with everyone.
 

trza

Well-known member
I don't follow the media in the uk, what exactly did Corbyn do to stop all of this? Did he DO anything or just sit around while the other guys did all the talking or got all the attention?
 

vimothy

yurp
Something that people have mentioned at work today is his apparent statement that there can be no upper limit on immigration.
 
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