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Author Topic:   Brexit - Should they stay or should they go?
Diomedes
Member
Posts: 995
From: Central Florida, USA
Joined: 09-13-2013


Message 91 of 887 (786614)
06-23-2016 11:14 PM
Reply to: Message 90 by Tangle
06-23-2016 6:24 PM


Watching the results live on BBC News here on the East Coast of the USA.
About 2/3rds of count is in and the Leave side has opened a sizable lead. It is still too early to call anything and London, with its high population density, could swing things back towards Remain.
Flipping to Bloomberg news and the futures are down substantially. The Pound Sterling has dropped to its lowest level since 1985. The markets and current predictors are now pointing towards a Brexit.
Whatever happens, there will be some major volatility for the next few days.

This message is a reply to:
 Message 90 by Tangle, posted 06-23-2016 6:24 PM Tangle has not replied

Replies to this message:
 Message 92 by Diomedes, posted 06-23-2016 11:42 PM Diomedes has not replied

  
Diomedes
Member
Posts: 995
From: Central Florida, USA
Joined: 09-13-2013


(2)
Message 92 of 887 (786617)
06-23-2016 11:42 PM
Reply to: Message 91 by Diomedes
06-23-2016 11:14 PM


Leave has won
BBC and Bloomberg just called it. The Leave campaign has won. Votes still coming in but projections indicate there are insufficient votes to overcome the current Leave lead.
Should be interesting come tomorrow and the weeks to come.
Edited by Diomedes, : No reason given.

This message is a reply to:
 Message 91 by Diomedes, posted 06-23-2016 11:14 PM Diomedes has not replied

  
Tangle
Member
Posts: 9489
From: UK
Joined: 10-07-2011
Member Rating: 4.9


Message 93 of 887 (786621)
06-24-2016 2:12 AM


Unbelievable idiocy. I feel sick.

Je suis Charlie. Je suis Ahmed. Je suis Juif. Je suis Parisien.
Life, don't talk to me about life - Marvin the Paranoid Android
"Science adjusts it's views based on what's observed.
Faith is the denial of observation so that Belief can be preserved."
- Tim Minchin, in his beat poem, Storm.

Replies to this message:
 Message 94 by vimesey, posted 06-24-2016 3:35 AM Tangle has not replied
 Message 110 by Astrophile, posted 06-24-2016 4:54 PM Tangle has not replied

  
vimesey
Member
Posts: 1398
From: Birmingham, England
Joined: 09-21-2011


Message 94 of 887 (786626)
06-24-2016 3:35 AM
Reply to: Message 93 by Tangle
06-24-2016 2:12 AM


Likewise.
We are definitely going through an age of severe stupid at the moment.

Could there be any greater conceit, than for someone to believe that the universe has to be simple enough for them to be able to understand it ?

This message is a reply to:
 Message 93 by Tangle, posted 06-24-2016 2:12 AM Tangle has not replied

  
Heathen
Member (Idle past 1283 days)
Posts: 1067
From: Brizzle
Joined: 09-20-2005


Message 95 of 887 (786633)
06-24-2016 5:21 AM


Stunned and horrified, the Little-Englanders have won.
We now have the very real prospect of P.M. Boris and a legitimised Nigel Farage.
On the plus side at least the NHS will get a much needed 350,000,000 per week injection of cash.... oh, wait...

  
Tangle
Member
Posts: 9489
From: UK
Joined: 10-07-2011
Member Rating: 4.9


Message 96 of 887 (786634)
06-24-2016 5:40 AM


The old and stupid outnumber the young and the clever - but idiot Cameron still asked them the question. What a total fucking dickhead.
I feel like a friend has died - very weird feeling.

Je suis Charlie. Je suis Ahmed. Je suis Juif. Je suis Parisien.
Life, don't talk to me about life - Marvin the Paranoid Android
"Science adjusts it's views based on what's observed.
Faith is the denial of observation so that Belief can be preserved."
- Tim Minchin, in his beat poem, Storm.

Replies to this message:
 Message 97 by Diomedes, posted 06-24-2016 8:47 AM Tangle has not replied
 Message 100 by Diomedes, posted 06-24-2016 10:00 AM Tangle has replied

  
Diomedes
Member
Posts: 995
From: Central Florida, USA
Joined: 09-13-2013


Message 97 of 887 (786640)
06-24-2016 8:47 AM
Reply to: Message 96 by Tangle
06-24-2016 5:40 AM


And as you predicted Tangle, Scotland is already drafting plans for another referendum. Since their Brexit vote favored staying in the EU, this will be the perfect foil for the independence movement signaling that it is better that Scotland exist as a separate entity that can maintain stronger ties with the EU.
Northern Ireland also voted in favor of staying. I would not be surprised if there were some rumblings of a break-away vote for them as well.

This message is a reply to:
 Message 96 by Tangle, posted 06-24-2016 5:40 AM Tangle has not replied

Replies to this message:
 Message 204 by Diomedes, posted 03-13-2017 10:39 AM Diomedes has not replied

  
jar
Member (Idle past 394 days)
Posts: 34026
From: Texas!!
Joined: 04-20-2004


Message 98 of 887 (786642)
06-24-2016 9:24 AM


England and the UK
It seems that this recent vote will place England in pretty much the same relationship with the EU as other Commonwealth nations like Bermuda, Australia, Canada, India and New Zealand. Will this increase the power and relevance of Marlborough House?

Anyone so limited that they can only spell a word one way is severely handicapped!

  
1.61803
Member (Idle past 1503 days)
Posts: 2928
From: Lone Star State USA
Joined: 02-19-2004


Message 99 of 887 (786644)
06-24-2016 9:44 AM


Well That's that. Now what? Is England totally deranged or are they crazy like a fox? Condolences to those who voted to stay.
**waiting to see how much my 401k tanks today.**
Edited by 1.61803, : No reason given.

"You were not there for the beginning. You will not be there for the end. Your knowledge of what is going on can only be superficial and relative" William S. Burroughs

  
Diomedes
Member
Posts: 995
From: Central Florida, USA
Joined: 09-13-2013


Message 100 of 887 (786646)
06-24-2016 10:00 AM
Reply to: Message 96 by Tangle
06-24-2016 5:40 AM


The old and stupid outnumber the young and the clever - but idiot Cameron still asked them the question. What a total fucking dickhead.
This begs the question; and I don't know about the legality of this, but here goes: considering this is a referendum that will have long reaching ramifications, would it not have been prudent to say it requires a specific majority to pass? I understand that might seem like it is undermining democracy. But a 52% to 48% victory is hardly resounding. Could they have indicated that there would need to be a 60% requirement? Kind of like what we have in the USA with regards to amendments to the Constitution. Those require a 2/3rds majority.
Anyway, that may not have been viable given the circumstances. But as Tangle alluded to: considering its the old farts that are pushing for this while the younger crowd is against it, it seems warranted that a larger majority be needed to move forward.

This message is a reply to:
 Message 96 by Tangle, posted 06-24-2016 5:40 AM Tangle has replied

Replies to this message:
 Message 103 by Tangle, posted 06-24-2016 11:46 AM Diomedes has replied

  
LamarkNewAge
Member (Idle past 738 days)
Posts: 2236
Joined: 12-22-2015


Message 101 of 887 (786651)
06-24-2016 10:56 AM


Any we humans call ourselves civilized.
Nope.
Not in 2016, when a bunch of grumpy old farts throw a fit because their fantasies of a pure Anglo-Saxon world are dashed by immigration. Immigration. The horrors.
Lets see the results.
Japan has seen a flat population since 1993, and actual drops in population since 2007. They now have such robust growth that their debt is at nearly 250% of GDP. It was under 100% 25 years ago. The only thing saving Japan from default is that their population seems to see it as a patriotic responsibility to buy debt, which keeps interest rates very low. Amazing, yes. But even more amazing is that the debt still is unreal and growing (it is almost interest free debt, yet deficits are still super high. I think it is called a "core deficit" when the deficit isn't interest rate driven) . No default though , yet. But over 240% of GDP debt. Loyal population not good enough it seems. Now they have a big quantitative easing scheme going, to keep rates low.
See what happens when you want a pure homogenous population?
Back to the U.K. and their June 23 national temper tantrum among the old fools (that all will nevertheless have to suffer from)
I understand the pound has dropped 10% already.
The debt just got a lot harder to pay.
Time to raise interest rates to attract suckers I mean investors.
Even harder to pay debt now.
What happens when the GDP shrinks?
Debt to GDP ratio going the way of Japan?
But Japan has rich, loyal, natives who purchase debt at super-low rates.
Will the U.K. have such loyalty from the same aging old fools that made the world a much poorer place by splitting it into hundred of pieces (nation-states) this past century? Something of a temper tantrum once the British couldn't lie, cheat, steal the entire world's wealth for themselves. Just shatter what they can't steal and leave a mess that will hurt the world for centuries.
The average U.K. income was about $18,000 per year in 1993 and much of that low amount came from the benefits of the E.U. and immigration. The old fools failed to stop the progress to that day, and until yesterday, failed to stop the enormous progress since then.
They will hold the nation up?
Those fools?
We could see a chain reaction of slow growth and high deficits followed by raised interest rates and/or inflation, then defaults. Not just in the U.K. but in the entire world.
This disaster must be prevented but how?
How now?

Replies to this message:
 Message 102 by GDR, posted 06-24-2016 11:29 AM LamarkNewAge has not replied

  
GDR
Member
Posts: 6202
From: Sidney, BC, Canada
Joined: 05-22-2005
Member Rating: 1.9


Message 102 of 887 (786655)
06-24-2016 11:29 AM
Reply to: Message 101 by LamarkNewAge
06-24-2016 10:56 AM


Re: Any we humans call ourselves civilized.
It must have been the right thing to do as Trump applauds the result. Now if we just have the Donald as the US pres and the Boris as the PM in Britain all will be well.
What a world.

He has told you, O man, what is good ; And what does the LORD require of you But to do justice, to love kindness, And to walk humbly with your God.
Micah 6:8

This message is a reply to:
 Message 101 by LamarkNewAge, posted 06-24-2016 10:56 AM LamarkNewAge has not replied

  
Tangle
Member
Posts: 9489
From: UK
Joined: 10-07-2011
Member Rating: 4.9


Message 103 of 887 (786657)
06-24-2016 11:46 AM
Reply to: Message 100 by Diomedes
06-24-2016 10:00 AM


Diomedes writes:
Could they have indicated that there would need to be a 60% requirement?
Technically probably, but it would have been seen as rigging the result and wouldn't have satisfied those demanding the referendum.
The real stupid was calling the vote.

Je suis Charlie. Je suis Ahmed. Je suis Juif. Je suis Parisien.
Life, don't talk to me about life - Marvin the Paranoid Android
"Science adjusts it's views based on what's observed.
Faith is the denial of observation so that Belief can be preserved."
- Tim Minchin, in his beat poem, Storm.

This message is a reply to:
 Message 100 by Diomedes, posted 06-24-2016 10:00 AM Diomedes has replied

Replies to this message:
 Message 104 by Diomedes, posted 06-24-2016 12:27 PM Tangle has replied

  
Diomedes
Member
Posts: 995
From: Central Florida, USA
Joined: 09-13-2013


Message 104 of 887 (786667)
06-24-2016 12:27 PM
Reply to: Message 103 by Tangle
06-24-2016 11:46 AM


Who is the likely successor for UK Prime Minister?
Now that Cameron has stated he will resign in October. So who are the likely successors? Boris Johnson?
http://www.theweek.co.uk/...-david-cameron-as-prime-minister

This message is a reply to:
 Message 103 by Tangle, posted 06-24-2016 11:46 AM Tangle has replied

Replies to this message:
 Message 105 by Tangle, posted 06-24-2016 12:37 PM Diomedes has not replied

  
Tangle
Member
Posts: 9489
From: UK
Joined: 10-07-2011
Member Rating: 4.9


Message 105 of 887 (786668)
06-24-2016 12:37 PM
Reply to: Message 104 by Diomedes
06-24-2016 12:27 PM


Re: Who is the likely successor for UK Prime Minister?
It's only Boris. The only other candidate - Gove - has said no.

Je suis Charlie. Je suis Ahmed. Je suis Juif. Je suis Parisien.
Life, don't talk to me about life - Marvin the Paranoid Android
"Science adjusts it's views based on what's observed.
Faith is the denial of observation so that Belief can be preserved."
- Tim Minchin, in his beat poem, Storm.

This message is a reply to:
 Message 104 by Diomedes, posted 06-24-2016 12:27 PM Diomedes has not replied

  
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