The UK votes to leave the European Union |OUT2| Mayday, Mayday, I've lost an ARM

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#1
SAVE_US.Y2MAY

Here's the situation:



https://www.youtube.com/watch?v=EbFhlfnJep0&feature=youtu.be

I think that sums it up. Oh, you want more? Fine...

So what happened? David Cameron, prime minister and leader of the Conservatives was facing pressure from backbenchers and the rise of UKIP before the last general election said as part of the Tory manifesto that if elected, a public referendum would be called on the UK staying part of the EU. Cameron and George Osbourne, the chancellor of the exchequer took on journalist MPs from the same party as them Boris Johnson and Michael Gove. Nigel Farage, leader of UKIP, unsurprisingly joined the leave side and a positive campaign of Remain saying we'd eat shit if we left and BJ/Gove saying that we could have it all if we left the EU while no-one ever talked about what would happen if we stayed ensued.




Lovely propaganda

So what was the result?


We're leaving, we're leaving. Do me a favour don't, even speak our name now.

The UK leaving the EU, eh? So, when are they out? We don't know.

What? Well, they need to invoke article 50 and we won't do that until the next prime minister. But from that point, there's 2 years maximum negotiation about trade and the like before the EU treaties no longer apply to the UK UNLESS every single other member country votes to keep the negotiations going.

Oh. But there must be a plan here? Nope. The leave side say No. 10 should have had it and he quit.

Cameron quit? What else is the political fallout? Yes, Cameron will be gone by October. On top of that, the SNP and most of Scottish parliment other than the Scottish Tories want to do everything in their power to remain in the EU. This is because they overwhelmingly voted to stay in the EU, including a possible independence referendum. Northern Ireland want unity with Ireland too because of it. The LIberal Democrats are also saying they will keep us in the EU if we vote for them as "part of the 48%

So who's going to be the next PM? Like any good XFactor style vote, it could be anyone. The favourites are Boris Johnson & Theresa May, but don't count out Jeremy Hunt and Liam Fox just yet! Gove, while on the winning side, still likes the idea of being BJs lapdog. Not that you'd know it, Boris and Gove have been strangely absent from the public view AND parliment.

Well if the Tories are in this much disarry, Labour must be in a good position then, right?



Corbyn has lost a vote of no confidence and now a new vote for leader will include him.

How have the markets reacted? Badly. They crashed pretty hard all over the world, but especially the FTSE 250. Sterling against the USD is around $1.30 to the £. The markets did recover on the day of posting, but no-ones quite sure if it's a dead cat bounce or if the markets are slightly improving as key politicians seem to favour the EEA.

So while I wrap my head around this Thick of It episode, what are the options the EU and the UK have?
  1. Ignore the vote and stay in the EU with a deal that we have now, none of Camerons "special promises" (the EU ones, not the ones he told to piglet) involved
  2. Negotiate to stay in the EEA. Traditionally, this would mean paying around the same to the EU as we do we now, but with none of the voice in the Euro parliment, none of the rebates and yet still keeping freedom of movement, but keeping access to the single market
  3. Leaving the single market and probably risking a recession

And if I have any other questions? Trust me, we all will. Keep posting and maybe we'll find the positivity again.
 
#11
How does one expect people to change with this attitude? Without initiatives to help people like this we will only get worse. Of course, you can argue that people like that will die out but these views get passed down generation to generation.

You can be as cold and as calculating as you like, but you're just as stubborn and as regressive as the people you wish to condemn.
Regressive and stubborn? It's the law. He wants to slit my throat. I want him in jail for being a danger to the public.
Non-violent people I can work with.
 
#12
Ah I'm so worried. Working for FTSE 100 company. Rumblings of them moving.

I'm young so I've got a whole working life to plan out. This has made things all the more difficult.
 
#16
SuperSah said:
I've come to accept that this referendum isn't going away at all. It's going to be honoured and invoked. I know you all knew this, but I was hoping it'd be stopped somehow. It seems for once that democracy was a bad idea.

So, now I've accepted it I still hate and feel resentment to those who backed this on the stupid 'sovereignty, immigration, jobs, NHS' etc. etc. crap which all unraveled to be empty claims.

It sucks knowing this thing will happen, but what's done is done. It's time for me to stop moping about it and start to engage myself in the discussion. What I'd like now is Article 50 to be triggered as soon as possible but only when it's viable. I wanted it to never happen, but the turmoil we're in needs to be ironed out. I know it'll become worse once negotiations begin, but I agree with the EU in that the uncertainty isn't a good thing to have lingering over the nation and the economy.

I just hope this all pays off for the idiots who voted for absurd reasons.
reposting cos new thread
 
#22
Asked this in OT1 but never got any responses.
Do you guys really think that the government will sit back and watch banks and major companies move HQs outside of London/UK to simply respect the vote to leave?
 
#29
I just want to say regardless of Race, nationality, religion, sexuality, leaver or remainer all opinions are welcome in this thread. Should be a fun thread while we await article 50 activation.....
 
#30
Speaking as an EU immigrant in the UK, is anyone else more scared of what happens if article 50 is not invoked than if it is?

Anything up to and including riots from UKIP supporters and other leave voters wouldn't surprise me.

Article 50 will be a mess to implement (lots of negotiations to re-do and laws to re-write), but at least no one can complain it's not what people voted for.
 
#32
Asked this in OT1 but never got any responses.
Do you guys really think that the government will sit back and watch banks and major companies move HQs outside of London/UK to simply respect the vote to leave?
Previously I thought nah but after the EU Parliament meeting thingy, I'm more convinced they'll respect the decision made by Leave.

:(
 
#37
Asked this in OT1 but never got any responses.
Do you guys really think that the government will sit back and watch banks and major companies move HQs outside of London/UK to simply honour the vote to leave?
George will. He seems to be in a complete state of 'I told you so' and is utterly shameful in talking the economy down at every opportunity. The sooner he is replaced, the better. He really isn't helping matters - as near impossible the situation is, a cautious but positive front still needs to be clear from a chancellor, without sounding in denial. He just sounds like a bad loser at the moment. Not that I can suggest any obvious or viable alternative unfortunately, what a mess.
 
#40
reposting cos new thread
I'm actually pretty optimistic. It looks like the negotiations are going to drag on so long and the result is going to be so disappointing that a 2nd referendum might come along. If we can't get the trading deal the tories want I don't see how they can hold together over this, even if the nativists still want to leave the business interests will all want to remain. It might completely reorder our political system though.

EDIT: It's also worth remembering that it isn't a done deal after invoking Article 50. The European Council can delay our exit indefinitely.
 
#45
I'm actually pretty optimistic. It looks like the negotiations are going to drag on so long and the result is going to be so disappointing that a 2nd referendum might come along. If we can't get the trading deal the tories want I don't see how they can hold together over this, even if the nativists still want to leave the business interests will all want to remain. It might completely reorder our political system though.
I wish I had your optimism. Mine's been slowly going down the drain more and more politicians keep saying this will happen and that a 2nd referendum isn't happening.
 
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