Brexit thread - what happens next

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But the point is we'll get over it. It'll be a little blip and then, somehow, the world will keep turning. The sun will still rise, even outside of the EU.

A little blip? All the early signs and pointing to it being bigger and deeper than the financial crisis on 2008.
 
The experts were divided.

Divided implies something other than heavily in favour of one outcome over the other. You'd only get the impression that expert opinion was divided on the subject if you watched BBC News because for some reason they have decided that the best way to try and avoid more government efforts to cut them down further was to grab an economics professor and someone down the pub that didn't agree and then present them as equals and give them the same amount of airtime.
 
There was a referendum, people voted, everybody is now doing their job to implement the result.

It isn't really a mess; it's a situation that is being handled. There is "uncertainty", and due to this our house-of-cards financial systems are taking a bit of a hit.

Because apparently a lot of our prosperity is tied to the "confidence" and "instinct" of financial traders, as opposed to anything concrete.

You know there are bigger problems than Brexit. Our entire economy, along with the economies of most developed nations, are a ridiculous charade, based on everybody owing everybody else masses of debt, and having no way to repay it.

What we really need is a cold, hard, reality check. And for various bubbles to burst. And then to figure out how we can transition away from a future that's only sustainable if we somehow manage to have endless economic growth with finite resources. And how we're going to deal with less and less employment. How we can avoid utterly degrade our planet's ability to sustain us, by destroying the various natural cycles. And various other real 21st century problems.

If anything is a mess, it's not that we left the EU, it's that our entire system is a house of cards. In another 20 years we might wish our problems were as small as the UK leaving the EU.

Well I don't disagree with any of this. It truly is a house of cards which will surely come tumbling down at some point relatively soon unless things are changed radically before it does. But what I don't get is why people think that Brexit helps this is any way? Doesn't it just make a collapse more likely?

If Brexit causes a recession and other problems, then it won't help with the major issues we have with inequality, depressed wages, rising debt, environmental pollution, declining welfare and workers rights etc ... these are the first things to go by the wayside when things are economically tough.

So how does Brexit fix anything?
 
Remainers are so annoying. Self interest, me me me people.

Sometimes you have to hurt a little to prosper in the long term. I'm sure every single leaver would know it would be a bumpy road ahead but we were backed into a corner by the EU and this is what was needed. I expected a downturn, I'm not shocked at all.

If I have to watch my spending, go without a few luxuries more than normal to get back our sovereignty then so be it, bring it on.
 
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Remainers are so annoying. Self interest, me me me people.

Sometimes you have to hurt a little to prosper in the long term. I'm sure every single leaver would know it would be a bumpy road ahead but we were backed into a corner by the EU and this is what was needed. I expect a downturn, I'm not shocked at all.

...

Terrible generalisation, followed in quick succession by another.

"All remainers are terrible people... Every single person (really?!) that voted leave knew exactly what was going to happen."
 
Remainers are so annoying. Self interest, me me me people.

Sometimes you have to hurt a little to prosper in the long term. I'm sure every single leaver would know it would be a bumpy road ahead but we were backed into a corner by the EU and this is what was needed. I expected a downturn, I'm not shocked at all.

If I have to watch my spending, go without a few luxuries more than normal to get back our sovereignty then so be it, bring it on.

Why were you backed into a corner?
 
What changes are you looking forward to that you are happy to be financially worse off in the short to mid-term to get?

Just for the UK to negotiate for it's self interests only and for no other country. And to do it in a somewhat timely manner instead of having to make 27 other countries to agree.
 
So how does Brexit fix anything?

I don't claim to know if we'll be better or worse off in 5 or 10 years due to Brexit.

What annoys me is the people who insist they *know* we'll be worse off. Because they *know* the EU won't have its own crises, and they *know* the UK won't be able to achieve anything without the EU to hold its hand.

I'm sure a lot of it boils down to just not wanting to be on the side which lost the vote. And so now they have to justify it by saying the majority of voters are "morons", and making all these predictions that we'll go bust; or just saying we should ignore the result because it's the wrong one...

Again, I don't pretend to know if we'll be better or worse off in 5 or 10 years. I'm just amazed that people can claim to know we'll be much worse off than had we stayed.

It's basically a kind of "faith" in the EU, I think :p It's quasi-religious!

Hey, anyone care to bet their life's savings that the EU won't have its own major problems in the next 10 years? I hear Italy isn't looking too smart right now... And then there's Greece, still utterly screwed by the EU with no hope in sight...
 
Just for the UK to negotiate for it's self interests only and for no other country. And to do it in a somewhat timely manner instead of having to make 27 other countries to agree.

Anything specific to your circumstances though? Do you foresee these changes both happening, and then impacting on you in a positive way that affects your daily life?

You said you were happy to make economic sacrifices in the short term, what are you hoping to gain back longer term from these sacrifices?
 
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I don't claim to know if we'll be better or worse off in 5 or 10 years due to Brexit.

What annoys me is the people who insist they *know* we'll be worse off. Because they *know* the EU won't have its own crises, and they *know* the UK won't be able to achieve anything without the EU to hold its hand.

I'm sure a lot of it boils down to just not wanting to be on the side which lost the vote. And so now they have to justify it by saying the majority of voters are "morons", and making all these predictions that we'll go bust; or just saying we should ignore the result because it's the wrong one...

Again, I don't pretend to know if we'll be better or worse off in 5 or 10 years. I'm just amazed that people can claim to know we'll be much worse off than had we stayed.

It's basically a kind of "faith" in the EU, I think :p It's quasi-religious!

Hey, anyone care to bet their life's savings that the EU won't have its own major problems in the next 10 years? I hear Italy isn't looking too smart right now... And then there's Greece, still utterly screwed by the EU with no hope in sight...

Is Greece screwed because of the EU or because of wide level corruption, the lack of a property register, etc? Why doesn't their economy grow? Other economies grow via foreign inward investment, even in the EU.
 
Greece got itself into difficulties by itself, but can't get out of them due to the Euro. But that's separate to the EU, and us not being in the EU would not shield us from Eurozone problems.
 
I don't claim to know if we'll be better or worse off in 5 or 10 years due to Brexit.

What annoys me is the people who insist they *know* we'll be worse off. Because they *know* the EU won't have its own crises, and they *know* the UK won't be able to achieve anything without the EU to hold its hand.

I'm sure a lot of it boils down to just not wanting to be on the side which lost the vote. And so now they have to justify it by saying the majority of voters are "morons", and making all these predictions that we'll go bust; or just saying we should ignore the result because it's the wrong one...

Again, I don't pretend to know if we'll be better or worse off in 5 or 10 years. I'm just amazed that people can claim to know we'll be much worse off than had we stayed.

It's basically a kind of "faith" in the EU, I think :p It's quasi-religious!

Hey, anyone care to bet their life's savings that the EU won't have its own major problems in the next 10 years? I hear Italy isn't looking too smart right now... And then there's Greece, still utterly screwed by the EU with no hope in sight...

Call it quasi-religious if you like, but I don't see what the problem is about believing in trying to make things work in a pan-European way, especially given the horrors of the past and faced with the uncertainties of the future. Personally I'm not in favour of a EU superstate, far from it. But I don't see a problem with being fully integrated with the EU in as many ways as is possible without losing national identity (and we've never been at risk of that). Lots of reasons I'll not spend time on here because I doubt anyone cares to read it.

But I also think there's a quasi-religious "faith" on the Brexit side too. Faith that all we need to get through this is a bit of resolve and 'bulldog spirit'. And faith in a Britain that seems to hark back to a time that didn't really exist in the first place, particularly among older voters who seem to think by voting Brexit this lost glory will be regained, all the immigrants will go home and we'll wind the clock back to a time when there was a blossoming NHS, lots of money to spend on lovely royal weddings and you could leave your front door open all day long. Rose tinted spectacles for all.

The EU will almost certainly have problems in the years ahead, perhaps deeply serious ones. This is likely to happen regardless of Brexit. But what Brexit does is remove the UK's influence in how the EU responds to those problems and reforms (as it will surely need to do). Just because we're out of the EU doesn't mean we're immune to any of the fallout.

Many Brexiters seem to revel in the fact that the UK leaving might lead to others leaving the EU, and perhaps ultimately to the collapse of the EU itself. But how does that benefit anyone? It'll just return Europe to the instability, unrest and conflict that has dogged it throughout most of its pre-EU history. It's fine to believe the UK will be better off out of the EU, and perhaps it will be. But to wish ill on the rest of the EU members is just pure spite. If there's to be a divorce, it's best for everyone if it's amicable.
 
If I have to watch my spending, go without a few luxuries more than normal to get back our sovereignty then so be it, bring it on.
What the hell does this mean though!?!? I still don't get what Brexiters actually want. Even in the face on impending doom they still dance about with bile inducing optimism.

Watching the news tonight with some right types talking about regaining sovereignty when asked if they could identify any of the UKIP leadership candidates. I can only imagine they represent the majority of Brexiters. It's almost comical watching and reading the same old notion from camp Brexit. Temporary blip, temporary pain, everything will be alright, whinging Remainers, the people have voted blah blah blah.

Seriously. Wake up and smell the inbound recession. It's coming. The city you despise so much will be paying less tax - if they bother to stick around and pay any at all. That money won't trickle down to you via benefits anymore. It's not just the rich who are about to get burned. They at least have an escape plan.
 
What the hell does this mean though!?!? I still don't get what Brexiters actually want.

Yes you do. But no one can be bothered to say it now, as apparently all Leave voters are open minded, highly educated, politically, socially and economically well informed folk that fully understood the implications of the decision they made. Any suggestion that they may get their facts from the Daily Express/Mail/Sun and perhaps quite like the idea of booting out Johnny foreigner is clearly outrageous. Wake up and smell the sovereignty...
 
What the hell does this mean though!?!? I still don't get what Brexiters actually want. Even in the face on impending doom they still dance about with bile inducing optimism.

Watching the news tonight with some right types talking about regaining sovereignty when asked if they could identify any of the UKIP leadership candidates. I can only imagine they represent the majority of Brexiters. It's almost comical watching and reading the same old notion from camp Brexit. Temporary blip, temporary pain, everything will be alright, whinging Remainers, the people have voted blah blah blah.

Seriously. Wake up and smell the inbound recession. It's coming. The city you despise so much will be paying less tax - if they bother to stick around and pay any at all. That money won't trickle down to you via benefits anymore. It's not just the rich who are about to get burned. They at least have an escape plan.

But its not doom is it?

People seem.to have latched onto the word recession as if its akin to nuclear ****ing winter.


It happens it passes, you may have less nice things for a while but its not like the world ends, come back when its the next great depression and we have masses of people living in the parks of london looking for work.
 
What the hell does this mean though!?!? I still don't get what Brexiters actually want. Even in the face on impending doom they still dance about with bile inducing optimism.

Watching the news tonight with some right types talking about regaining sovereignty when asked if they could identify any of the UKIP leadership candidates. I can only imagine they represent the majority of Brexiters. It's almost comical watching and reading the same old notion from camp Brexit. Temporary blip, temporary pain, everything will be alright, whinging Remainers, the people have voted blah blah blah.

Seriously. Wake up and smell the inbound recession. It's coming. The city you despise so much will be paying less tax - if they bother to stick around and pay any at all. That money won't trickle down to you via benefits anymore. It's not just the rich who are about to get burned. They at least have an escape plan.

It means your everyday Joe will be closer to the lawmakers and effectively have the ability to fire them at every election. More involvement in mapping their own future. They are well aware it may lead to hardship for awhile but with hard work, the future can belong to them.

I suppose people who are use to having everything set out for them won't understand how important it is to have better handling of controlling your own destiny albeit a collective one.

Now when we receive a new law for better or worse, we actually know what prats are doing it and can get shot of them. They may think twice before putting things in place that are detrimental to the lives of many.
 
Remainers are so annoying. Self interest, me me me people.

Just for the UK to negotiate for it's self interests only and for no other country.

So you are criticising Remainers for being 'self interest, me me me' people and then immediately say the country needs to act in a 'self interest, me me me' manner...

Not very coherent are you
 
Is Greece screwed because of the EU or because of wide level corruption, the lack of a property register, etc? Why doesn't their economy grow? Other economies grow via foreign inward investment, even in the EU.

Greece got itself into difficulties by itself, but can't get out of them due to the Euro. But that's separate to the EU, and us not being in the EU would not shield us from Eurozone problems.

Greece was screwed long before they joined the Eu which they shouldn't have done.

Any country where the majority of people pay no tax because the supposedly earn under 13k euros a year including over 80% of doctors and waiters and hairdressers are allowed to retire at 40 on a full and generous pension as their occupation is classed as being physically hard was always going to end up in trouble it was just a question of when.
 
Greece was screwed long before they joined the Eu which they shouldn't have done.

Any country where the majority of people pay no tax because the supposedly earn under 13k euros a year including over 80% of doctors and waiters and hairdressers are allowed to retire at 40 on a full and generous pension as their occupation is classed as being physically hard was always going to end up in trouble it was just a question of when.

Before they joined the Euro they could, and frequently did, devalue the drachma to boost their economy. Greece has been screwed massively by the EU twice - once when they were allowed to join the Euro despite not meeting the rules, and secondly with Merkel's #RefugeesWelcome which is destroying the only successful industry left in Greece, which is tourism.
 
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