Re: #Brexit, lets do this

by tanfan! 2016-06-25, 09:55

I think it's awesome that my stock portfolio got hammered.

by **Turtleneck** 2016-06-25, 10:03

It's going to be like Children of the Corn except it will be Millennials murdering Boomers, and OTPT will be Isaac.

Brexit is a middle finger from the baby boomers to young people like me
http://www.vox.com/2016/6/24/12025954/brexit-young-voters-remain

by **tGreenWay** 2016-06-25, 15:05

As we all expected, there's already a movement afoot to take another bite at the bitter apple.

https://petition.parliament.uk/petitions/131215

by Guest 2016-06-25, 15:21

Wah, wah, wah, we lost - we want a replay. Typical whine ass shit.

by **Turtleneck** 2016-06-25, 15:29

LooseGoose wrote:Wah, wah, wah, we lost - we want a replay. Typical whine ass shit.

Yeah, except it is not just the losers that want a do-over.

Unfortunately, Adam is not alone. Mandy Suthi, a student interviewed by the Evening Standard, said that if she could, she would go back to the polling station and change her vote to Remain.

"This morning the reality is actually hitting in and the regret is hitting in," she said. "I wish I had the opportunity to vote again, simply because I would do things differently."

While there has been no polling and the article just cites a few examples, I bet a lot of people who voted to leave the EU now regret their decision. They allowed emotion to get in the way of rational thinking. Some economists are forecasting the UK economy could contract by up to 8% in the next 10 years, which would amount to an average decline in per capita GDP of around $6400. And that is with the country remaining intact.

http://www.vox.com/2016/6/24/12024634/brexit-supporters-regret-vote

by Guest 2016-06-25, 16:14

Turtleneck wrote:
LooseGoose wrote:Wah, wah, wah, we lost - we want a replay. Typical whine ass shit.

Yeah, except it is not just the losers that want a do-over.

Unfortunately, Adam is not alone. Mandy Suthi, a student interviewed by the Evening Standard, said that if she could, she would go back to the polling station and change her vote to Remain.

"This morning the reality is actually hitting in and the regret is hitting in," she said. "I wish I had the opportunity to vote again, simply because I would do things differently."

While there has been no polling and the article just cites a few examples, I bet a lot of people who voted to leave the EU now regret their decision. They allowed emotion to get in the way of rational thinking. Some economists are forecasting the UK economy could contract by up to 8% in the next 10 years, which would amount to an average decline in per capita GDP of around $6400. And that is with the country remaining intact.

http://www.vox.com/2016/6/24/12024634/brexit-supporters-regret-vote

They have nothing outside their word to verify how they voted - but of course we know people never lie about politics.

They've been forecasting doom and gloom, I'm not convinced.

by **tGreenWay** 2016-06-25, 16:20

LooseGoose wrote:Wah, wah, wah, we lost - we want a replay. Typical whine ass shit.

That's human nature.

by **GRR Spartan** 2016-06-25, 16:51

LooseGoose wrote:Wah, wah, wah, we lost - we want a replay. Typical whine ass shit.

The UK has different rules and laws. Our county's forefathers left and if King George III had not been an arrogant vindictive SOB and negotiated the US may have been part of a huge commonwealth that would have included Canada.

Cameron is resigning in Oct and there's an option to call a snap election that would take place in 30 days for the next PM.

Had the chance to dine with an American expat who works for a British think tank and has lived in London for 5-6 years. They thought the Brexit vote would be close but the Stay faction would prevail. Also said there was a lot of "Don't worry any repercussion talk is overblown being told to the voters leaning to vote Leave. They didn't think the people voting really understood the breadth and depth of the result of their vote. Also though the Stay vote would be so close the EU would revisit immigration to head off a Leave vote by another member.

Coming up on 48 hours after the vote a lot of voters are shocked what the US, China and Germany warned about is happening and happening fast. Toss in the possibility that both Scotland and Northern Ireland opt to join the EU in the next two years and the UK as we have known it will be gone.

We may have a smaller U.K. and the country will survive but as others have posted life in England and Wales will be no easier without the EU and if Dublin, Frankfort or Paris are successful in getting major US banks to relocate to EU countries from London it will take 10% out of the UK economy.

by Guest 2016-06-25, 17:02

GRR Spartan wrote:
LooseGoose wrote:Wah, wah, wah, we lost - we want a replay. Typical whine ass shit.

The UK has different rules and laws. Our county's forefathers left and if King George III had not been an arrogant vindictive SOB and negotiated the US may have been part of a huge commonwealth that would have included Canada.

Cameron is resigning in Oct and there's an option to call a snap election that would take place in 30 days for the next PM.

Had the chance to dine with an American expat who works for a British think tank and has lived in London for 5-6 years. They thought the Brexit vote would be close but the Stay faction would prevail. Also said there was a lot of "Don't worry any repercussion talk is overblown being told to the voters leaning to vote Leave. They didn't think the people voting really understood the breadth and depth of the result of their vote. Also though the Stay vote would be so close the EU would revisit immigration to head off a Leave vote by another member.

Coming up on 48 hours after the vote a lot of voters are shocked what the US, China and Germany warned about is happening and happening fast. Toss in the possibility that both Scotland and Northern Ireland opt to join the EU in the next two years and the UK as we have known it will be gone.

We may have a smaller U.K. and the country will survive but as others have posted life in England and Wales will be no easier without the EU and if Dublin, Frankfort or Paris are successful in getting major US banks to relocate to EU countries from London it will take 10% out of the UK economy.

Some of that may be true but we don't know what benefits may come from it for the Brits.

PS - The banks ain't leaving London.

by **Travis of the Cosmos** 2016-06-25, 17:03

LooseGoose wrote:
GRR Spartan wrote:

The UK has different rules and laws. Our county's forefathers left and if King George III had not been an arrogant vindictive SOB and negotiated the US may have been part of a huge commonwealth that would have included Canada.

Cameron is resigning in Oct and there's an option to call a snap election that would take place in 30 days for the next PM.

Had the chance to dine with an American expat who works for a British think tank and has lived in London for 5-6 years. They thought the Brexit vote would be close but the Stay faction would prevail. Also said there was a lot of "Don't worry any repercussion talk is overblown being told to the voters leaning to vote Leave. They didn't think the people voting really understood the breadth and depth of the result of their vote. Also though the Stay vote would be so close the EU would revisit immigration to head off a Leave vote by another member.

Coming up on 48 hours after the vote a lot of voters are shocked what the US, China and Germany warned about is happening and happening fast. Toss in the possibility that both Scotland and Northern Ireland opt to join the EU in the next two years and the UK as we have known it will be gone.

We may have a smaller U.K. and the country will survive but as others have posted life in England and Wales will be no easier without the EU and if Dublin, Frankfort or Paris are successful in getting major US banks to relocate to EU countries from London it will take 10% out of the UK economy.

Some of that may be true but we don't know what benefits may come from it for the Brits.

PS - The banks ain't leaving London.

PS- the banks are already leaving London.

by Guest 2016-06-25, 17:12

Travis of the Cosmos wrote:
LooseGoose wrote:

Some of that may be true but we don't know what benefits may come from it for the Brits.

PS - The banks ain't leaving London.

PS- the banks are already leaving London.

Oh?

Link to banks actually leaving? I've seen the same thing a day or two ago . Today read that no vote related exits had actually occurred.

by **Turtleneck** 2016-06-25, 17:14

Travis is right. JPM transferred Alastair, the 5th floor janitor, to Dublin.

by **Travis of the Cosmos** 2016-06-25, 17:14

Well it does take more than a day to move people's jobs internationally goose. Believe it or not. So it is plausible that they did not wake up on the morning of Friday, see that they voted to leave and then IMMEDIATELY moved the jobs. But if you want to believe that they'll stay, well, that's nice. They won't. But you can believe that.

http://www.ft.com/cms/s/0/a3a92744-3a52-11e6-9a05-82a9b15a8ee7.html#axzz4CczsZngL

by Guest 2016-06-25, 17:16

Still amazing to me that people are so upset with people voting for Liberty - I imagine the people of India were being told their country would go to hell too 70 years ago.

#Brexit, lets do this - Page 6 Giphy

by Guest 2016-06-25, 17:18

Travis of the Cosmos wrote:Well it does take more than a day to move people's jobs internationally goose. Believe it or not. So it is plausible that they did not wake up on the morning of Friday, see that they voted to leave and then IMMEDIATELY moved the jobs. But if you want to believe that they'll stay, well, that's nice. They won't. But you can believe that.

http://www.ft.com/cms/s/0/a3a92744-3a52-11e6-9a05-82a9b15a8ee7.html#axzz4CczsZngL

I find it had to believe that banks are going to en masse desert what has been one the 2 most important financial centers of the world for 100's of years. Sounds like overwrought bullshit to me. Time will tell.

by **Travis of the Cosmos** 2016-06-25, 17:21

LooseGoose wrote:
Travis of the Cosmos wrote:Well it does take more than a day to move people's jobs internationally goose. Believe it or not. So it is plausible that they did not wake up on the morning of Friday, see that they voted to leave and then IMMEDIATELY moved the jobs. But if you want to believe that they'll stay, well, that's nice. They won't. But you can believe that.

http://www.ft.com/cms/s/0/a3a92744-3a52-11e6-9a05-82a9b15a8ee7.html#axzz4CczsZngL

I find it had to believe that banks are going to en masse desert what has been one the 2 most important financial centers of the world for 100's of years. Sounds like overwrought bullshit to me. Time will tell.

Banks could give a fuck all about what is a financial center if they can save a dime. It's 2016. They don't really need to be in a specific place anyway, and these guys are egomaniacal enough to just go start a new financial center of it saves money. They don't care. They will absolutely leave.

by Guest 2016-06-25, 17:25

Travis of the Cosmos wrote:
LooseGoose wrote:

I find it had to believe that banks are going to en masse desert what has been one the 2 most important financial centers of the world for 100's of years. Sounds like overwrought bullshit to me. Time will tell.

Banks could give a fuck all about what is a financial center if they can save a dime. It's 2016. They don't really need to be in a specific place anyway, and these guys are egomaniacal enough to just go start a new financial center of it saves money. They don't care. They will absolutely leave.

Perhaps. But if the money savings were true why the hell are they still in London/Tokyo/New York City? All among the most expensive cities in the world? Why didn't they move to Birmingham, AL years ago?

by **Other Teams Pursuing That** 2016-06-25, 17:27

Gary Johnson has my vote.

by **Travis of the Cosmos** 2016-06-25, 17:29

LooseGoose wrote:
Travis of the Cosmos wrote:

Banks could give a fuck all about what is a financial center if they can save a dime. It's 2016. They don't really need to be in a specific place anyway, and these guys are egomaniacal enough to just go start a new financial center of it saves money. They don't care. They will absolutely leave.

Perhaps. But if the money savings were true why the hell are they still in London/Tokyo/New York City? All among the most expensive cities in the world? Why didn't they move to Birmingham, AL years ago?

Because if they moved to Birmingham AL then Birmingham AL would become among the most expensive cities in the world....

by Guest 2016-06-25, 17:36

Travis of the Cosmos wrote:
LooseGoose wrote:

Perhaps. But if the money savings were true why the hell are they still in London/Tokyo/New York City? All among the most expensive cities in the world? Why didn't they move to Birmingham, AL years ago?

Because if they moved to Birmingham AL then Birmingham AL would become among the most expensive cities in the world....

So moving saves them no money. Ok then.

by **Travis of the Cosmos** 2016-06-25, 17:48

LooseGoose wrote:
Travis of the Cosmos wrote:

Because if they moved to Birmingham AL then Birmingham AL would become among the most expensive cities in the world....

So moving saves them no money. Ok then.

Thats not what I said goose and you know it. There's this big variable called brexit that were presently discussing. If they save money by moving as a result of that variable then they will go. I can't tell you for sure that they will save money since I don't have access to that kind of information readily available, but based on them getting started on leaving, it sure seems like it.

by **GRR Spartan** 2016-06-25, 17:53

Banks moving is a pre-emptive move to be able to do business from an EU country with other EU countries because of the commonality of regulations. Also allows their personnel to move more easily around the EU rather than losing how many man hours waiting in lines to go through customs.

The only reason I am interested is due to how the vote will affect US export business and its probable damping effect on the world economy.

The world is a different place than it was 40+ years ago and we have 2 generations of UK citizens (18-30 voters) who wanted to stay.

This week at least a portion of the UK voters learned hours or a day too late what their vote would actually do. They only have themselves to blame for what's happening.

They will lose at least a portion of their banking and London will take a step back from being the most important financial center in Europe. The real hurt will start if Scotland decides to leave the UK. Then they will be buying oil from Scotland and be losing another important part of their economy.

The big myth is they were taking their counrtry back. The UK opted for allowing more foreign workers and their EU reps were approved by the sitting government and voted as directed. They did send approx $15B to the EU every year and a portion of that went to support the Northern Ireland economy. Take away Scotland's oil revenue and the costs of having to re-do all those treaties and there is no guarantee Northern Ireland will be getting the same support from an independent UK.

by **The_Dude** 2016-06-25, 18:03

Lol at the liberals losing it

by **tGreenWay** 2016-06-25, 18:07

The_Dude wrote:Lol at the liberals losing it

Links or examples of Liberals losing it, please.

by **tGreenWay** 2016-06-25, 18:12

LooseGoose wrote:Still amazing to me that people are so upset with people voting for Liberty - I imagine the people of India were being told their country would go to hell too 70 years ago.

Would it trouble you to see the U.S.A. break apart?

by **Turtleneck** 2016-06-25, 18:15

tGreenWay wrote:
The_Dude wrote:Lol at the liberals losing it

Links or examples of Liberals losing it, please.

He doesn't know what he is talking about. Move along.

by **Turtleneck** 2016-06-25, 18:16

tGreenWay wrote:
LooseGoose wrote:Still amazing to me that people are so upset with people voting for Liberty - I imagine the people of India were being told their country would go to hell too 70 years ago.

Would it trouble you to see the U.S.A. break apart?

If it means giving up Ann Arbor then let's break this place up!

by **tGreenWay** 2016-06-25, 18:17

Turtleneck wrote:
tGreenWay wrote:

Would it trouble you to see the U.S.A. break apart?

If it means giving up Ann Arbor then let's break this place up!

Count me in. You hire the homeless to deliver the couches to A2, and I'll burn it to the ground.

by Guest 2016-06-25, 18:20

tGreenWay wrote:
LooseGoose wrote:Still amazing to me that people are so upset with people voting for Liberty - I imagine the people of India were being told their country would go to hell too 70 years ago.

Would it trouble you to see the U.S.A. break apart?

Can I pick the countries?

WaOrCa - Seattle to Los Angeles and 20 miles inland. Sort of a Chile shaped country.

BoNyDC - Boston to Albany and down to the SW Corner of DC.

The NewNited States - the Rest of the Country.

Would prefer to get rid of Roc and WY but no one wants to be a country with them.

by **The_Dude** 2016-06-25, 18:26

LooseGoose wrote:
tGreenWay wrote:

Would it trouble you to see the U.S.A. break apart?

Can I pick the countries?

WaOrCa - Seattle to Los Angeles and 20 miles inland. Sort of a Chile shaped country.

BoNyDC - Boston to Albany and down to the SW Corner of DC.

The NewNited States - the Rest of the Country.

Would prefer to get rid of Roc and WY but no one wants to be a country with them.

I dig it

by **tGreenWay** 2016-06-25, 18:26

LooseGoose wrote:
tGreenWay wrote:

Would it trouble you to see the U.S.A. break apart?

Can I pick the countries?

WaOrCa - Seattle to Los Angeles and 20 miles inland. Sort of a Chile shaped country.

BoNyDC - Boston to Albany and down to the SW Corner of DC.

The NewNited States - the Rest of the Country.

Would prefer to get rid of Roc and WY but no one wants to be a country with them.

Breakaway states that would go it alone. To regain their state's rights and reclaim their liberty. You don't get to pick and choose in this hypo.
BTW, I fully suspect sometime down the road the US will be Balkanized. That is, if the world population hasn't already been decimated by meteor or super volcano.

by **tGreenWay** 2016-06-25, 18:27

Also, why do you hate so many Americans?

by Guest 2016-06-25, 18:30

tGreenWay wrote:Also, why do you hate so many Americans?

Disagreement is not hate my fruity friend.

by **tGreenWay** 2016-06-25, 18:33

LooseGoose wrote:
tGreenWay wrote:Also, why do you hate so many Americans?

Disagreement is not hate my fruity friend.

#Brexit, lets do this - Page 6 502811600

Just yanking your chain.

by Guest 2016-06-25, 18:39

tGreenWay wrote:
LooseGoose wrote:

Disagreement is not hate my fruity friend.

Just yanking your chain.

Yes, and others here would assure that I was a lonely, angry, bitter, old man locked on tilt. When actually I'm merrily debating whether I should break my "man up challenge" to myself. I vowed I would go through this summer w/o using any A/C, but let me assure you today is taxing me. I may weaken.

by **Turtleneck** 2016-06-25, 18:48

LooseGoose wrote:
tGreenWay wrote:

Just yanking your chain.

Yes, and others here would assure that I was a lonely, angry, bitter, old man locked on tilt. When actually I'm merrily debating whether I should break my "man up challenge" to myself. I vowed I would go through this summer w/o using any A/C, but let me assure you today is taxing me. I may weaken.

Hey, you just sliced about $4T off the US GDP. Screw you, man.

by **Watch Out Pylon!** 2016-06-25, 18:55

Turtleneck wrote:
LooseGoose wrote:

Yes, and others here would assure that I was a lonely, angry, bitter, old man locked on tilt. When actually I'm merrily debating whether I should break my "man up challenge" to myself. I vowed I would go through this summer w/o using any A/C, but let me assure you today is taxing me. I may weaken.

Hey, you just sliced about $4T off the US GDP. Screw you, man.

Yes, I would rather not turn into a third world country.

by **GRR Spartan** 2016-06-25, 19:00

LooseGoose wrote:Still amazing to me that people are so upset with people voting for Liberty - I imagine the people of India were being told their country would go to hell too 70 years ago.

Could you explain the logic of your post?
India was part of the British Commonwealth, sought and gained independence after centuries of being conquered and then had their government run by British administrators.

The U.K. has voted to leave an economic union they willingly joined 43 years ago.

by **Floyd Robertson** 2016-06-25, 19:08

Isn't it interesting that the next PM could be a deep plant Russian spy born in America named Boris.

by Guest 2016-06-25, 19:08

GRR Spartan wrote:
LooseGoose wrote:Still amazing to me that people are so upset with people voting for Liberty - I imagine the people of India were being told their country would go to hell too 70 years ago.

Could you explain the logic of your post?
India was part of the British Commonwealth, sought and gained independence after centuries of being conquered and then had their government run by British administrators.

The U.K. has voted to leave an economic union they willingly joined 43 years ago.

GR? I'm not trying to say the situations are identical except for this: Whenever a major change occurs there are predictions of doom and gloom. They don't always come true. I tend to fall on the side that people get too overwrought. Think Y2K.

A couple of interesting articles I read today:

A timeline and history of England/UK in the EU -

The European elite forgot that democracy is the one thing Britain holds most dear

A possible alternative:

Brexit boosts 'CANZUK' replacement for European Union: Column

However, Brexit may be a beneficial rebellion. Like Pruitt-Igoe, the European Union was a mid 50s invention that was created with the best of intentions and with the blessing of the best of social and political science of its time. It accomplished some good things at first but gradually accumulated more and more dysfunction of its own while expanding to take in more and more dysfunctional states.

Britain never fully committed to the European project, gradually accepting more and more costs while receiving fewer and fewer benefits from membership. Finally, the only argument that the "Remain" side in the referendum could summon was fear of the unknown. That was not enough.

Unlike the continental European states, Britain has always had another option. Far more of its trade was with overseas partnersthan was true of the continental states. Its ancient ties with America and the Commonwealth still counted for a large percentage of its trade and economic activity. No sooner had Cameron announced the victory of the Leave side today, then messages of support began arriving from Commonwealth prime ministerspromising closer ties and trade agreements. Although Britain always has and will continue to be an astute trader and financier of economies throughout the world, it has some special opportunities with the USA and its old Commonwealth partners.

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