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Joined: Jan 2006
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Campfire Ranger
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Campfire Ranger
Joined: Jan 2006
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Those who voted for BREXIT tended to be older and less educated. Like in the US, these folks have been less prepared to the changes that have occurred with globalization (which is good for economic growth). One British commentator noted that the majority of those who voted for BREXIT) will live for an average of 16 years while those favoring remaining in the EU have an average life expectancy of 69 years remaining. Younger folks tend to take a longer-range view.
I believe that Britain will rue the day they took this vote. Already, several major manufacturers are discussing relocating to the continent (with the expected lay-offs in Britain) and several large corporations are making noises of relocating their corporate headquarters. Currently, Britain has the lowest unemployment rate (55) in the EU - this is expected to change over the next few years (upward).
We can only speculate the long term consequences of this vote, but it is not expected to be good. I'm not sure what your sources are, but that runs counter to just about every astute analysis that I've read. As in 180 degrees opposite of what most economists think will really happen. Within a couple of months when everyone realizes that the sky won't fall, the UK economy will be buzzing. It will be an ideal spot for "european" corporate headquarters going forward as well, since it will no longer be bound by EU regulations. The main "unintended" consequence will be that numerous other better-developed countries will run for the exits now also, in order to get on the gravy train that the UK will have rolling within a year. The UK’s exit (not a done deal yet, the UK government has to formally file an Article 50 application to the EU), but we are in uncharted water. No one really knows what the long term result will be. Over 50% of the UK’s exports are to the EU; as part of the negotiations to withdraw, new trading agreements with duties will need to be negotiated. I don’t think the EU will look too favorably on the Brits and may tax their exports (to the EU) at a high rate. This will dampen demand and cause a slowdown on British manufacturing (i.e., a recession). A number of corporations (including British financial institutions and others that deal in Euros and exports) are considering relocation to Paris or Frankfort. This withdrawal WILL cause an economic slowdown in the British economy; we just don’t know how much yet – it will take about 2 years for formal withdrawal and then we’ll see.
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Joined: Jan 2006
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Campfire Ranger
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Campfire Ranger
Joined: Jan 2006
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You can argue all you want that a European Union was a good idea. Maybe it was. However, the EU was poorly thought out. If they wanted a union that would have worked better, they would have formed a republic. As it was, the EU was just a half-azzed attempt. One of the founding ideas behind the EU's formation was to reduce the likelihood of another European war (e.g., Germany attacking its neighbors as it did on three occasions within 70 years - 1870, 1914, 1939. To this end it has succeeded by intertwining economies. Actually a republic was proposed and quickly discarded as no one was willing to relinquish sovereignty. Here is a summary of how the EU is governed - see: https://www.fas.org/sgp/crs/row/RS21372.pdf
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Id expect it to be busniness as normal as the EU has as much to loose from reacting irrationally, Id expect the French and a few other countries may also leave.
I predicted this would happen a decade ago as the open border policy and financial equalization of rich and poor countries would only end in tears.
This has little relevance to the US at all
and no parallels can be drawn or assumed
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Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2002
Posts: 33,752 Likes: 6 |
Brexit is a vote against one World government. The EU is governed from Brussels not by elected officials, but by appointed functionaries. Those functionaries are not accountable to the people. Brits finally got fed up with authorities from across the Channel running AND ruining their country.
I predicted the collapsed of the EU as it formed. I couldn't see GB, France and Germany allowing counties like Greece, Italy and Portugal running down the collective economy. The EU has net winners and losers. GB was always a loser, propping up Portugal, Ireland, etc. as well as Greece. After Brexit, don't be shocker d to see France follow. The French are fiercely proud and independent, and have no qualms about standing on their own.
When France leaves, Germany will be the only economic power left. They will not support Belgium, the Netherlands, Portugal, Italy etc. alone. The EU will die, and the push for one World government will die with it for generations. It ain't rocket science is it?
Conduct is the best proof of character.
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In part alot of this anti EU is because its a failed social experiment that had to tried.
Wealth has been transfering from the old world Economies like Europe and the US to Asia since they started to get their economies mobilized.
[bleep] happens and I wont be crying over the UK leaving
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Campfire Tracker
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Campfire Tracker
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In part alot of this anti EU is because its a failed social experiment that had to tried.
Wealth has been transfering from the old world Economies like Europe and the US to Asia since they started to get their economies mobilized.
[bleep] happens and I wont be crying over the UK leaving I suspect you might be a failed social experiment.
"The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants." TJ
"All that is necessary for the triumph of evil is for good men to do nothing". EB
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Campfire Ranger
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Campfire Ranger
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This has little relevance to the US at all
Typical small-mind America thinking.
"I'm gonna have to science the schit out of this." Mark Watney, Sol 59, Mars
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Campfire Oracle
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Campfire Oracle
Joined: Oct 2002
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Those who voted for BREXIT tended to be older and less educated. Like in the US, these folks have been less prepared to the changes that have occurred with globalization (which is good for economic growth). One British commentator noted that the majority of those who voted for BREXIT) will live for an average of 16 years while those favoring remaining in the EU have an average life expectancy of 69 years remaining. Younger folks tend to take a longer-range view.
I believe that Britain will rue the day they took this vote. Already, several major manufacturers are discussing relocating to the continent (with the expected lay-offs in Britain) and several large corporations are making noises of relocating their corporate headquarters. Currently, Britain has the lowest unemployment rate (55) in the EU - this is expected to change over the next few years (upward).
We can only speculate the long term consequences of this vote, but it is not expected to be good. Younger folks tend to take a longer-range view? LMAO. The younger generation is lucky to look past the end of their nose! The youth in Brittain, even more so than here, don't have a clue. All they know is what was taught them in schools and colleges and on the globalist government controlled media. "Younger folks tend to take a longer-range view? LMAO. The younger generation is lucky to look past the end of their nose!" By younger, I was referring to those in their early-mid 30's, not 20 year olds. These folks have 30+ years to work and then a retirement that my extend for another 30 years. A 60 year old with lesser education is approaching retirement and their work life is nearing its' end. The younger generation has (generally) greater education and a more professional or white-collar employment. Just as in the US, blue-collar employment has dropped as jobs have gone overseas, while professional/white-collar employment has grown. This younger generation is concerned that their future will be diminished. Keep in mind that US manufacturing is at its' all time high, but with productivity gains and automation, many manufacturing jobs have disappeared - never to return. You nailed it with the use of 'their' several times. It's a short range view because they are worried about THEIR good and not what's good for the NATION. Long range planning would say, what's good for the Nation is good for everyone. The younger generation's only concern is themselves, the generation of ME.
"Dear Lord, save me from Your followers"
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Campfire Outfitter
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Actually a republic was proposed and quickly discarded as no one was willing to relinquish sovereignty.
That's unfortunate because they pretty much gave up their sovereignty anyways.
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Campfire Ranger
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Campfire Ranger
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Actually a republic was proposed and quickly discarded as no one was willing to relinquish sovereignty.
That's unfortunate because they pretty much gave up their sovereignty anyways. Not quite. While the citizens of each EU country-members do not vote for the EU Commissioners, the Commissioners are appointed by each nation's government. Voter's elect the Parliament (in the case of the UK) and the Parliament selects the EU Commissioner to represent their country. In the same vein, the UK's Parliamentary system, voters elect Members of Parliament, who in turn select the Prime Minister - no citizen votes for the Prime Minister. see: https://en.wikipedia.org/wiki/European_Commissioner
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Campfire Outfitter
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Campfire Outfitter
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- no citizen votes for the Prime Minister.
The citizens can get rid of the PM by voting out his party. How do they get rid of the EU President?
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Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2011
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- no citizen votes for the Prime Minister.
The citizens can get rid of the PM by voting out his party. How do they get rid of the EU President? The EU has the most convoluted system of choosing leaders I've ever seen.
You didn't use logic or reason to get into this opinion, I cannot use logic or reason to get you out of it.
You cannot over estimate the unimportance of nearly everything. John Maxwell
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Campfire Outfitter
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Campfire Outfitter
Joined: Apr 2010
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- no citizen votes for the Prime Minister.
The citizens can get rid of the PM by voting out his party. How do they get rid of the EU President? The EU has the most convoluted system of choosing leaders I've ever seen. "The EU has the most convoluted system of choosing leaders I've ever seen." As useless as ours!!
Even birds know not to land downwind!
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Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2013
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- no citizen votes for the Prime Minister.
The citizens can get rid of the PM by voting out his party. How do they get rid of the EU President? The majority party chooses the prime minister. As for the EU president, which one? There are at least two EU presidents, maybe more and no one votes for them. They are chosen through some Byzantine bureaucratic process that almost no one understands. The EU has more than 10,000 employees who have higher salaries than the British prime minister.
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Campfire Tracker
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Campfire Tracker
Joined: Aug 2004
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Those who voted for BREXIT tended to be older and less educated. Like in the US, these folks have been less prepared to the changes that have occurred with globalization (which is good for economic growth). One British commentator noted that the majority of those who voted for BREXIT) will live for an average of 16 years while those favoring remaining in the EU have an average life expectancy of 69 years remaining. Younger folks tend to take a longer-range view.
I believe that Britain will rue the day they took this vote. Already, several major manufacturers are discussing relocating to the continent (with the expected lay-offs in Britain) and several large corporations are making noises of relocating their corporate headquarters. Currently, Britain has the lowest unemployment rate (55) in the EU - this is expected to change over the next few years (upward).
We can only speculate the long term consequences of this vote, but it is not expected to be good. I'm not sure what your sources are, but that runs counter to just about every astute analysis that I've read. As in 180 degrees opposite of what most economists think will really happen. Within a couple of months when everyone realizes that the sky won't fall, the UK economy will be buzzing. It will be an ideal spot for "european" corporate headquarters going forward as well, since it will no longer be bound by EU regulations. The main "unintended" consequence will be that numerous other better-developed countries will run for the exits now also, in order to get on the gravy train that the UK will have rolling within a year. The UK’s exit (not a done deal yet, the UK government has to formally file an Article 50 application to the EU), but we are in uncharted water. No one really knows what the long term result will be. Over 50% of the UK’s exports are to the EU; as part of the negotiations to withdraw, new trading agreements with duties will need to be negotiated. I don’t think the EU will look too favorably on the Brits and may tax their exports (to the EU) at a high rate. This will dampen demand and cause a slowdown on British manufacturing (i.e., a recession). A number of corporations (including British financial institutions and others that deal in Euros and exports) are considering relocation to Paris or Frankfort. This withdrawal WILL cause an economic slowdown in the British economy; we just don’t know how much yet – it will take about 2 years for formal withdrawal and then we’ll see. If you talk to the UK 40-50 and under crowd, I do daily being married to one, they act as if anything other than socialism is insanity...as if any other option does not even exist. The government controlled schools and universities, as we have here, have been more successful than you can imagine. When you talk about "more educated", what you really mean is "more thoroughly indictrinated" It really IS that simple. Highly educated, successful, individuals who have never EVEN CONSIDERED THE OPTION of an education system not controlled by government...that DON'T EVEN CONSIDER the BBC to be a propaganda machine. We all better watch the hell out, as we are only a generation behind the UK on mainstream socialism. If you don't believe that, you are blind.
"The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants." TJ
"All that is necessary for the triumph of evil is for good men to do nothing". EB
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Campfire Outfitter
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- no citizen votes for the Prime Minister.
The citizens can get rid of the PM by voting out his party. How do they get rid of the EU President? The majority party chooses the prime minister. As for the EU president, which one? There are at least two EU presidents, maybe more and no one votes for them. They are chosen through some Byzantine bureaucratic process that almost no one understands. The EU has more than 10,000 employees who have higher salaries than the British prime minister. Pretty much my point.
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Campfire Kahuna
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Campfire Kahuna
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Younger folks tend to take a longer-range view? LMAO. The younger generation is lucky to look past the end of their nose smart phone! (slight correction)
Ex- USN (SS) '66-'69 Pro-Constitution. LET'S GO BRANDON!!!
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