Brexit thread - what happens next

Steedie · 27 Jun 2016 at 20:33

Well at least until we've negotiated our deals so at least a couple of years. The leavers who aren't racists, knew that this wasn't going to be a quick fix. It was always for the long term.

TechMinerUK · 27 Jun 2016 at 20:34

Caged said:
What's long term?

20 years+ I'd say. Don't get me wrong, I think if this all goes ahead in 20-40 years time things will have stabilised but until then we have a lot of stuff to carve through.

Raymond Lin · 27 Jun 2016 at 20:34

Mauller said:
Yes, with the way things are looking it could be france or italy. More likely italy. And if one of those two left it would put a huge dent in the EU's budget and bargaining power.

Yeah...looking at what is happening here you really think their government would have a referendum?

Look!!! GB's economy is falling and falling, they lost their credit rating, they have no plans to get it back on track, let's join them!

Raymond Lin · 27 Jun 2016 at 20:35

TechMinerUK said:
20 years+ I'd say. Don't get me wrong, I think if this all goes ahead in 20-40 years time things will have stabilised but until then we have a lot of stuff to carve through.

I'll probably be dead in 20-40 years, so that's comforting.

dalehitchy1 · 27 Jun 2016 at 20:36

thenewoc said:
Those that voted leave didn't vote for a delay in getting a conservative into the position of leader and prime minister. Everyone knew it was likely to be a fairly close result from the polls so it seems remiss of the government not to have been better prepared with a plan b.

I somewhat agree.... but i think the leave campaign should have responsibility too. Why should they get away scott free. They should have explained to their voters that although we have that £350 million per week we would "likely have to spend that proping up our economy and taking a hit on the interest rates"

Because now you have a bunch of voters who thought nothing much would happen, and some thought we would be better off.

Caged · 27 Jun 2016 at 20:36

Steedie said:
Well at least until we've negotiated our deals so at least a couple of years. The leavers who aren't racists, knew that this wasn't going to be a quick fix. It was always for the long term.

If things are fixed in two years by general consensus then I will donate half of the average daily UK wage to a charity of your choice. Carve this into a stone if you like.

Nitefly · 27 Jun 2016 at 20:36

Don't worry guys be positive lul

Jokester · 27 Jun 2016 at 20:36

Raymond Lin said:
Yeah...looking at what is happening here you really think their government would have a referendum?

Look!!! GB's economy is falling and falling, they lost their credit rating, they have no plans to get it back on track, let's join them!

And hence they will struggle on as a make weight economy to the Grrman industrial powerhouse.

Naff8000 · 27 Jun 2016 at 20:37

Mauller said:
And they are in that situation becasue of being in the EU and having taken the EURO, they can't adjust their currency to help their economy. which is another major reason why they would want to leave. As getting back the lira is something they can't do now that they are part of the european economic zone.

Their economy has been mishandled in 1000 different ways. Italy and Berlusconi were The Economist's favourite punch bag for years.

TechMinerUK · 27 Jun 2016 at 20:37

Raymond Lin said:
I'll probably be dead in 20-40 years, so that's comforting.

I'm no economist, just pragmatic I'm afraid

Mauller · 27 Jun 2016 at 20:37

Raymond Lin said:
Yeah...looking at what is happening here you really think their government would have a referendum?

Look!!! GB's economy is falling and falling, they lost their credit rating, they have no plans to get it back on track, let's join them!

They are in such a position becasue they cannot adjust their currency due to being in the European economic zone and having to use the Euro. And getting back the Lira once having joined the EEZ is never going to happen.

We were right to keep the pound and the EU is stagnating due to the EEZ.

Firestar_3x · 27 Jun 2016 at 20:37

Mauller said:
And they are in that situation becasue of being in the EU and having taken the EURO, they can't adjust their currency to help their economy. which is another major reason why they would want to leave. As getting back the lira is something they can't do now that they are part of the european economic zone.

Resurrecting a currency and printing money to try and start getting rid of your debt whilst trying to negotiate trade deals without the country collapsing, good luck i say, it seems to be hard enough without the Euro.

Raymond Lin said:
Yeah...looking at what is happening here you really think their government would have a referendum?

Look!!! GB's economy is falling and falling, they lost their credit rating, they have no plans to get it back on track, let's join them!

Indeed, however could the government of another country really stay in power if the call for a vote got loud enough?

I feel one way to be saved is for another country to jump off the bandwagon, Netherlands might be the most likely.

oldbag · 27 Jun 2016 at 20:37

Let's see when vat, interest rates and tax goes up.

but we've taken back control!

datalol-jack · 27 Jun 2016 at 20:38

Nitefly said:
Don't worry guys be positive lul

Brexit Self-Help Guide: How Propaganda Cures Economic Ills by Dominic Cummings, the Right Honourable Fringe Activist in Charge.

Raymond Lin · 27 Jun 2016 at 20:38

Jokester said:
And hence they will struggle on as a make weight economy to the Grrman industrial powerhouse.

So what? It's not a race, if you are in the EU, we all benefit.

Oh wait, we won't be in it for long.

Steedie · 27 Jun 2016 at 20:38

Caged said:
If things are fixed in two years by general consensus then I will donate half of the average daily UK wage to a charity of your choice. Carve this into a stone if you like.

I didn't mean things will be all sunshine and rainbows in 2 years, I meant that we'll start to see if the benefits are, if any, that are available to us

But yeah I'll hold you to that

dowie · 27 Jun 2016 at 20:38

people do seem to be panicking a whole load more than necessary over this...

delta0 · 27 Jun 2016 at 20:38

dalehitchy1 said:
Looking on the daily mail, readers are angry at david cameron for not having a plan.
Whilst I somewhat agree, this is something I would have asked the leave campaign before. I would have asked - how are we going to spend that £350 million when the economy takes a hit. How are we going to afford much when our credit rating takes a hit. How are we going to help those deprived areas of the uk when we are bailing out our economy.

Why have none of the leave voters asked this questions to there campaign leaders??!

He did have a plan. Resign and force a general election. The next leader needs a mandate and needs a general election to do that.

pooley · 27 Jun 2016 at 20:39

lot of folk suffering from stockholm syndrome in this thread lolz

Jokester · 27 Jun 2016 at 20:39

Raymond Lin said:
So what? It's not a race, if you are in the EU, we all benefit.

Oh wait, we won't be in it for long.

Tell that to the Greeks, Spaniards, Italians, or Portugeuse.