sadmanbarty
Well-known member
Regions with the biggest votes for Leave are also the most economically dependent on the EU:
https://pbs.twimg.com/media/CltNYyKWAAANWMj.jpg
https://pbs.twimg.com/media/CltNYyKWAAANWMj.jpg
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."
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.
Cameron has gone
My favourite so far is the leave voter on BBC who didnt think his vote would count and is stunned at the result.
https://www.theguardian.com/commentisfree/2016/jun/24/young-angry-eu-referendum
this woman who somehow neglects to mention that it was lazy young people not voting that caused it as much as anything else
england is just another western country in the throes of right wing nationalism.
hurrah.
I'm not sure there's an easy answer to that although I know you think it can be answered in one word, ie, immigrationAnd why is that?