What's new

In today's news...


Re: In today's news...

xOiq5T7.png


Watching the value of the pound sink like a rock... Christ.
Not necessarily. Exiting the EU is a slow process. It would also depends on what deals they manage to put in place during those conversations.
Sure, the markets will react. We're already used to the speculations there. But it'll be temporary.
 
Re: In today's news...

xOiq5T7.png



Not necessarily. Exiting the EU is a slow process. It would also depends on what deals they manage to put in place during those conversations.
Sure, the markets will react. We're already used to the speculations there. But it'll be temporary.

Dude. It plummeted like a rock already. Have you seen how far it went down?
 
Re: In today's news...

Might be a good time to invest in pounds then.

... Does that mean we should all start eating lots of cake? :D

I can't imagine Britain being in any serious trouble. Does this mean all of England and its uhh.. lands as well? Like Canada and Australia? I think those are still under England's thumb, but I don't exactly keep up with foreign affairs. xP

Like Stoper said, the value will probably go back up. If anyone is going to invest I would suggest waiting until the value starts increasing. Sure you could buy when it's really, really low.. but there's no guarantee it will increase until it starts doing so. That's how I would invest if I were a gambling type of person.
 
Re: In today's news...

Well, I always say my vote makes no difference and hey surprise I voted remain and it made no difference =P
 
Re: In today's news...

On England still controlling Canada and Australia-
It's complicated

They have the same monarch but they are separate countries with separate political groups and all that stuff. Plus the British monarch is not actually active since somewhere in the 1800s, so they technically aren't ruling either.

As for the pound dropping. Can anyone really be surprised?
Bankers and stock brokers are overwhelmingly globalists. So in their mind, all the visions of doom just came true and Britain is dead. Incredibly dramatic, but ultimately not grounded in reality. British businesses are still working, the sun will keep coming up every day, and so on.
 
Re: In today's news...

Always fun to simply wake up 10% poorer.

I miss the days back in college when I could get $2.1 to the £. Saw it drop as low as 1.32 at one point last night. Can only wait and see what this will mean in the longer term though. As flawed as the status quo was, at least we knew what we had. Hopefully the rest of the EU doesn't chain react and lead to some foreseen random war breaking out.

My brother for one at least isn't very happy with it, having been planning an upgrade for his PC right around now.
 
Re: In today's news...

Canada and Australia are part of the Commonwealth (But there are 53 nations in the Commonwealth), and I know that while the Queen is the official head of state for Canada, these are still sovereign nations, and won't have any true effects on them.

Canada and Australia for example were never part of the EU, and the UK has little to no impact on on the politics, laws, customs and economy of these places. Being 'under the UK's' thumb is pretty inaccurate.
 
  • Like
Reactions: XSI
Re: In today's news...

Mmh, was planning to announce the results, but too late. XD

Welp, okay... Leave won by a little, in the great scheme of things, and yes the pound has 'plummeted' but it's also rising back up within hours from what I hear.

As much as I'd like to applaud leaving, I'm not jumping for joy, and feel rather cautious - more hopeful and optimistic, I guess. Better to wait and see rather than leap at changes and occurances.

In other news, Prime Minister David Cameron will step down soon, a new PM will be elected in october, and the Labour leader may be having a Vote of No Confidence landing on his desk sooner or later. Scotland's ruling party will be putting plans for another Independence Referendum on the table soon. The Calais Mayor is already wanting to discuss the border protocol with us, even though that is a bi-lateral agreement with little attachment to the EU.

Just to wit, in terms of economics, I hope as a country we will not suffer too badly - we are the fifth strongest economy in the world, and are one of the four G20 countries who were within the EU. I'm not gonna assume all with be roses and sparkly things, nice as it'd be, but we are not so weak as to buckle and wither from leaving the EU's embrace, regardless of what our own politicians tell us.
 
Re: In today's news...

i think the biggest problem now is the fact that now Britain has to try to draw up new trade agreements because every single trade agreement was tied to the EU before. (not only that, but with so many people who work outside the UK, travelling to their jobs is going to be harder than ever, because the EU made travelling easy)

Its not just Scotland that's looking to do so, I've heard Northern Ireland is looking to rejoin the Republic and afterwards, these places want to return to the EU.

The thing that a lot of people are missing though, is that the referendum is basically a popularity poll. The government doesn't have to go through with it.

ngl, I'm concerned because it wasn't just the pound that took a dip. This affected the economy on a global scale and multiple currencies. The Japanese have stopped trading stock for the UK entirely.


Edit: people are calling in panicking and asking how to change their vote to stay, apparently Google search results for "what is the EU" skyrocketed in the UK after the polls closed
 
Last edited:
Re: In today's news...

...

Its not just Scotland that's looking to do so, I've heard Northern Ireland is looking to rejoin the Republic and afterwards, these places want to return to the EU.

...

Of all the speculated potential consequences, that's the part that scares me the most. We very narrowly avoided losing Scotland the first time, and now with this they've got a golden ticket to justify demanding a second vote, and significant new motivation to influence what the result of that might be. It pains me to try and imagine a Union Jack flag without the Scottish blue backing or it's white cross. If that talk regarding Northern Ireland has any weight to it, that'd certainly be some salt in the wound.

In all the intentions of 'making Britain great again' it would be tragically ironic if this sparked the end of the UK, and reverted the term "British" back to a geographical identifier rather than a national identifier. Between all the talk of separation and the 48/52% split itself, I can't say I'm feeling particularly "United" right now. : /
 
Re: In today's news...

I honestly can say i don't know what that feels like because every time Texas talks about seceding we pretty much all tell them to have a go at it because its going to fail spectacularly.

This is sparking ideas all over Europe though to dissolve the EU entirely (can anyone remember what it was like before the EU, please god no) and some US politicians are saying we, the USA, should take a leaf from the UK's book and remove ourselves from NATO and the UN.

This is a mess.

Edit: Leaders in the EU are calling for britain to fuck off asap “however painful that process may be” and that there will be no renegotiation basically as a "you did this to yourselves, you wanted this now live with it"

Spain could re-take Gibraltar if they wanted to make a move
Morgan Stanley have started the process to move 2,000 investment banking staff from London to Dublin/Frankfurt
The New York stock exchange is down 500 points
A motion of No Confidence has been leveled at Labour leader Jeremy Corbyn
The UK has lost £350 billion so far

uhm.
 
Last edited:
Re: In today's news...

Thank you DeviantArt!

brexit_wit__by_jollyjack-da7lhn6.jpg


'Actual quotes from "Leave" voters after the results were announced:

"My vote – I didn’t think was going to matter too much because I thought we were just going to remain."

"I was very disappointed about the result, even though I voted to leave, this morning I woke up and the reality did actually hit me."

“Urm I think I kinda regret my vote, I had no real reason to pick what I did!!”'

Why do I get the feeling I'll be hearing stuff like that again when the Elections roll around...
 
Re: In today's news...

-snip-
Edit: people are calling in panicking and asking how to change their vote to stay, apparently Google search results for "what is the EU" skyrocketed in the UK after the polls closed

guess the UK is more like the USA than i thought.....
 
Re: In today's news...

Most of those searches would be kids doing their homework or class room 'research'.

I do IT support at several schools and its what they've all been searching on the past few weeks.
 
Re: In today's news...

This is sparking ideas all over Europe though to dissolve the EU entirely (can anyone remember what it was like before the EU, please god no) (...)
It was better, actually. We had trade and worked together on all these things without people in Brussels trying to dictate the rules(Political union) or trying to include eastern Europe and Turkey and so on(Massive drain on resources). That's kinda what a lot of people want back. And the knowledge of how it was before he EU is why the older people voted to leave much more so than younger people.

They know it was better without Brussels and the EU's current form.
Britain wasn't in the fiscal union, but that's a huge issue too and doomed to fail eventually.

Spain could re-take Gibraltar if they wanted to make a move
Morgan Stanley have started the process to move 2,000 investment banking staff from London to Dublin/Frankfurt

Not possible militarily thanks to NATO, Gibraltar might ask for a vote to leave the UK and join Spain, but I kind of doubt that.
And the bank is very stupid. It could very well be that the UK would make more lenient banking laws without the EU to keep business there. Nothing of the details is known yet so this is a purely politically motivated move taken by the displeasure at the brexit.

That said, it's a mess. But it was going to be a mess regardless of what happens, and anything involving the EU is always going to be a mess.
 
Re: In today's news...

Most of those searches would be kids doing their homework or class room 'research'.

I do IT support at several schools and its what they've all been searching on the past few weeks.

Except what I said was the searches spiked right after the polls closed. That's not "past few weeks"

Maybe you can learn to read a little.
 
Re: In today's news...

What younger people forget is that the UK joined the European Economic Community, a trans-western-european free market, and not a United States of Europe.

There's a lot of money and trade on the line of both sides, so it's not like EU member states are going to completely freeze out the UK.
 
Re: In today's news...

Hm, and how old are you? Curious, that way I can compare if your version of young people and mine are the same.
 
Re: In today's news...

Passport controls? Toll controls? For the UK, it may not be such a big deal - they only really have the train tunnel as a line to the main land. But any continental country would have to MASSIVELY increase its spending just to secure ALL of its borders again. By and large, the infrastructure built since the EU started wouldn't suffice - they'd need new checkpoints and new train stations. Not too mention the delays every time you try to cross a border.

The regulations, too, are far from tyrannical. Sure there were a few bad apples - fluorescent "energy saving bulbs" instead of plain electric bulbs are a downright moronic idea as they contain mercury - but if it keeps our food healthy and our products safe to use, I'm all for that.

More lenient banking laws? They do remember 2008, right? Lenient banking laws TANKED the global economy. Those unscrupulous fucks deserve every shackle that's placed on them.

Including Eastern Europe? Those countries ALL fulfilled the criteria for joining the EU, they weren't picked up like a stray cat mewling in the backyard. Yeah, they may have received some help in the beginning, but more prosperity in those countries means they're not a resource drain in the long run - on the contrary, their consumerism makes a tidy profit for ALL of Europe. The EU is not about the here and now - it's about a better future for the entire continent. It's a promise of peace and prosperity.

Also, if the UK want to trade with ANY EU country, they'll have to abide to EU regulations anyway. So, really, nothing has changed in that regard. They gained nothing and lost a lot, and all thanks to political leaders blinded by nationalism.
 
Back
Top