How does Britain possibly leaving the EU effect the world?

[illmasterj]

I don't know if this has been said already but the worst bit about this brexit stuff is if you're in 'out' camp, like me, people in conversations call you an idiot, racist etc... But like ChickenHawk said it's in our best interest to control the in's and out's like a business, hense my out vote.

As a spectator, it's been interesting to watch.

My general assumption is that the world is heading into a very socialist period. Watching many friends/acquaintances act like children over something they have spent 42 minutes "researching" has backed this up. But these are also the same people that see producers as evil and consumers as "unlucky".

Keep navigating and looking for opportunities in a changing world fastlaners!

 

[jazb]

I have this feeling too. If EU remains together, than that may be bad for UK. But if other countries leave too, and the EU collapses, than this does not matter.

At the moment I dont think they jumped off because they see it as a sinking ship. They just want to be out and independent.

Yeah, that's my belief as well. I think the EU will collapse. The Danes and the Greeks will go next. followed by the French and maybe the Austrians. Brexit has set off a domino effect.

The UK is going to take a hit over the next few years. some businesses in the financial sector may relocate. construction will absolutely decline (mass imigration will be controlled again). Trade agreements are anyone's bet. they could work massively in UK's favor if we do a good job or maybe not.

I don't however believe there's going to be a recession the way people and the media are playing out. short term pain yes, long term we will be fine.

 

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[Sanj Modha]

I, too, have read reports of racial intimidation, meaning that native Western Europeans are no longer safe to travel in certain areas, thanks to a large, influx of people whose cultures are vastly different. I don't believe it's "idiotic" to express concern when your culture is under siege and your population is being replaced, intimidated, or taxed to death to pay for its own destruction.

Honestly, the whole "if you object to something, you must be a racist/sexist/whateveraphobe" argument seems rather weak and worn out from overuse.

Do you listen to Fox News for information because that's completely untrue. I've spent my entire life in the UK/EU and nearly all the reports you hear is proven to be false. Made up crap by pro-nationalistic, uneducated people.

There's nothing wrong with voicing an opinion but this election was all about immigration which if you look at official figures isn't that bad. Our leaders have failed us and they should all resign.

I have friends of every nationality, race and religion. I have never felt unsafe in the UK or Europe. I am proud to have grown up in a multicultural environment and I wouldn't change it for anything.

Anyway, this is my last post on this because politics is a violation of terms of service. I think.

 

[illmasterj]

This whole scenario to me spells the importance of diversification and internationalization. Immigration laws can change, economic policy can change, societies will change. In a dream scenario, I'd have passports in multiple countries, assets in multiple currencies and countries, companies with clients in multiple currencies and economies and the ability to move freely as you choose.

 

[GMJimmy]

Sorry for being a dick. But it's logic like this:



That leads to "investments" like this:

There's no correlation with British economic history and my current choices.

My logic and speculation were:
Uncertainty caused weak GBP -> UK votes to remain in EU -> Uncertainty ends -> GBP gets strong again

It's not a disaster for me, I lose about 5% if I were to exchange it to any other strong currencies. Or I can say I did not win. But I can spend this GBP in the UK as well, so really there is no great impact. Just a missed opportunity for me.

 

[mtn_baldy]

I definitely buy into the who idea of being an independent nation like the US.
By being its own independent nation, they aren't forced to abide by any silly rules the EU decides to put upon them.

Its like MJ says in the TMF, if someone is your boss, they can F*ck you over at any time.

Nationalists :1
Globalists : 0

 

[Longinus]

... an independent nation like the US...

EU had to evolve to USE in the long term, get it? It's just like you have people in the US being proud of their state, it can work. In Europe there are just more differences (cultural, social, economical, laws...) which makes it more difficult.

Living in a country with 5 different governments (all paid with tax money, EU government not included), I can understand the frustration of the people. However, the benefits of the EU are heavily ignored these days. Not just EU might fall apart starting from today, but UK as well.

 

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[LifeTransformer]

I left 8 years ago. But glad to see people have voted to leave.

Shocked it wasn't a landslide for the out camp to be honest (except in Scotland).

Maybe one day If I have/want to, I can go home to a better country.

@mrarcher what's the deal with the SNP exactly? How can a "Nationalist" party be so willing to sell itself to the EU? The EU is the complete opposite of "Nationalism" is it not? Just curious, haven't been to Scotland for a long long time.

 

[mrarcher]

For me Brexit proved that the delusion with young people is not limited to the US, but worldwide (and those in power who control their brains)...

Their masters have now taught them that if you cant win an argument using facts, logic, or reason, you can scream "racist" "bigot" or any word ending in "phobe" and automatically you should get to win, arguments, elections, whatever. Guess not.

They claim to be so educated and yet their education comes from university indoctrination camps, controlled and censored corporate media (CNN, Google, FB, Reddit) and swarthy idiots like Stephen Colbert and Jon Oliver. Yea, you're educated all right--- educated in what your masters want you to think.

I'd expand further, but I'd be breaking forum rules. And since Brexit is political, this thread has already been walking tight ropes.

You are sure right there the reaction isn't good. The same came after the Scottish referendum. Protests, violence, buildings being defaced etc. and of course anyone on the opposite side is "ignorant". I don't agree with Brexit personally but as far as I am concerned the people have decided and that's why we have democracy. Then again I never went to university so I'm just uneducated and know nothing.

 

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[Sanj Modha]

I'm concerned about the extremism coming out of this. I have read several reports of racism/intimidation. My friends have reported the same.

I suspected it was simmering below the surface but now [HASHTAG]#brexit[/HASHTAG] has given these morons a voice.

 

[GMJimmy]

I just came back to the UK with the morning flight. And to tell you, the Sun still shines, the people are as usual - normal, polite and minding their own business.

However, everyone I know is doing some kind of risk mitigation. Withdrawing cash/capital, putting investments on hold etc. Including me. Some are paralyzed and just waiting.

It is still a great country, with lots of possibilities.

 

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[mtn_baldy]

My guess is that the euro will fall, raising the USD and in turn, lowering the power of all other currencys.

I'm all for nationalism, so I think this is a great idea, but I'm curious what you guys think.

Y'all are F*cking smarter than me anyways.

 

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[blackbrich]

I can't see how it would really help. Economically at least.

It seems like it would be a lot of work for Britain for possibly very little payout. If they leave the EU, I would think they would have to do new deals with a bunch of other countries for trade that they've been relying on the EU for.
Also without the free trade between Britain and the other EU countries, couldn't the EU start imposing tariffs against Britain.

Britain has also been using the pound forever and I couldn't think of a reason why the demand for the euro would drop just because Britain left, but I'm also not familiar with how trade with Britain worked considering the euro and the pound both being in existence. Not sure how much of their National banks reserve was held in euros, doubt they would dump it all of a sudden either.

But I can see it helping to secure their borders. I get the sense that that's an issue for a segment of the population there.

I'm no expert, with only a shallow knowledge of the workings of banks and economies, but these are just things I've thought of after reading.

 

[GMJimmy]

Curious for the consequences. I'm in the UK as a EU citizen.

I think many jobs are at risk. Companies would definitely leave, as would my employer too. Also, many investments are on hold because of the uncertainty. In the pharmaceutical industries, some functions must be within the EU, those would simply relocate. Probably the same for the European Medicines Agency which is currently in London.

Can't wait to see the forex to open, I took a big gamble and have about 15k in GBP, expecting that the vote would be in and exchange rates would be up. 1 more hour to go.

I think this is overall bad for Britain. Immigrants are not causing that much problem. Most of them take low-end jobs what British are not willing to. Most of the britons who are living a low life are just happy with their benefits, and if they wanted to work, there are still jobs available. Minimum wage is minimum wage, no one is working for less (legally).

The EU did very good to the UK economy. When they joined they were almost the poorest country, now they are one of the most powerful. But maybe just a coincidence.

I'll see what happens to the economy amd maybe I'll leave too with my family. I'm not happy with the taxing system and education anyway.

 

[AgainstAllOdds]

Sorry for being a dick. But it's logic like this:

When they joined they were almost the poorest country, now they are one of the most powerful. But maybe just a coincidence.

That leads to "investments" like this:

Can't wait to see the forex to open, I took a big gamble and have about 15k in GBP, expecting that the vote would be in and exchange rates would be up.

 

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[Sanj Modha]

Cameron thought the majority would vote to stay in. They didn't and now he falls on his sword.

It's a rocky period in British history. The ruling Conservatives are split down the middle. The main opposition party's leader smokes crack by the looks of it and Lib Dems is now one guy sat in his cabin.

There's a void and I don't trust anyone to fill it.

 

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[GMJimmy]

I personally thought they European countries had far more to gain by sticking together rather than separating, but who knows? Maybe the EU is a sinking ship and the UK is the only country smart enough to jump off.

I have this feeling too. If EU remains together, than that may be bad for UK. But if other countries leave too, and the EU collapses, than this does not matter.

At the moment I dont think they jumped off because they see it as a sinking ship. They just want to be out and independent.

 

[mrarcher]

@mrarcher what's the deal with the SNP exactly? How can a "Nationalist" party be so willing to sell itself to the EU? The EU is the complete opposite of "Nationalism" is it not? Just curious, haven't been to Scotland for a long long time.

In my opinion it is a party made up of people who grew up watching too much braveheart and want Scotland to be away from the "evil" English at any cost. The reason they want to keep EU is that Scotland can not afford to survive on its own. Especially due to the fact they give out free prescriptions and free college. So they need someone to subsidise them ... just not the English.
I know there are many people who disagree but from standing here its the way I see it anyway. But in saying that it is not hard to see that I am someone desperate to emigrate.
I thought the EU was a good thing. Britain does not export much but the ones who do will feel the pinch. I have a friend that owns a company selling a product to the public online but most of his buyers came from outwith Britain. He was worrying something awful in the run up to this. If someone from (for example) France realises the price of his item has shot up to buy in Europe they could very easily start up their own and shove him out of business.
With the SNP though you will find that Scottish people as a whole (Me included) are very stubborn people. They want what they want and that is it. If you look at the whole green energy fiasco going on with the windmills for example. In my area you can hardly throw a rock without hitting a windmill. There is a huge argument ongoing because they want to build a windfarm offshore near a certain persons golf club. This was never mentioned until after he built it. He doesn't want it to spoil the view and the Scottish government want to put it there for their own reasons. There have been court cases, legal battles and the like all discouraging other investors that wont want to be treated that way. And not once has it been suggested that the windfarm could be put elsewhere down the 100+ miles of EMPTY coastline! If they just moved it down a bit it wouldn't spoil the view for the golf club owner, the windfarm would be up and everyone would be happy! Silly, silly, silly.
But that's just my opinion of course.

 

[GSF]

I've gotta admit, I was pretty surprised to see that see so many people here, on the Fastlane Forum, believe that Brexit is a bad thing.

Part of the whole Fastlane mantra is controlling your own destiny. To me, it seems that people in the U.K. are reclaiming control of their own country. Like successful entrepreneurs, they are sacrificing short-term comfort and security in favor of more control and independence down the road. Short-term, it will almost certainly be bumpy. There will be hardship and discomfort. But long-term, I believe that young people will eventually thank those older, more cynical people, who voted to leave.

Today, the European Union is like the Titanic heading toward that giant, yet mostly hidden, iceberg. By voting to leave, the U.K. is snagging a decent lifeboat. When the European Union breaks apart on the icy rocks of hard reality (an obscene amount of debt, clashes of incompatible cultures, unfunded pension liabilities, etc.), I think the U.K. will be very glad they jumped ship when they did.

Very well said! Great to see others with the same mindset.

I wonder if there had been less 'project fear', better education on exactly what the EU is, and a more balanced presentation of the pros and cons, maybe the vote for leave would have been higher.

All we've had for weeks through the letter box has been official looking pamphlets (from no one official lol) designed to instil trust and fear which has only confused many and lead to indecisiveness on which way to vote, many still didn't know on the day, and then came the last minute social media messages 'still undecided? its probably best you vote remain, don't do something you cant reverse, you can always vote to leave again in the future'.

Their masters have now taught them that if you cant win an argument using facts, logic, or reason, you can scream "racist" "bigot" or any word ending in "phobe" and automatically you should get to win, arguments, elections, whatever. Guess not.

 

[timmy]

I think it will be OK here.
I was not around when we joined the common market as it was known but we wanted to join from 1965 but we're kept out by the Germans, and finally joined in 74 or 75 and from there on food prices went up and interest rates crept up too.
At the moment interest rates are low and are likely to remain so. Bad for savers but good if you hold a mortgage or need one.
There is uncertainty in weather the European companies that manufacture in Britain like BMW will now pull out now?
However the way I see it this will now allow other countries outside Europe to come and produce and sell to Europe possibly. There are bound to be trade deals discussed in the near future.
We will also be able to trade with countries outside of the eu without the eu legislation that would otherwise cause problems.
Also there would be an end to further eu legislation rules which we need to abide by and make our own which are more relevant to this country.
I might be seeing things too simply but the bottom line is that the decision has been made to leave and now we must move on and make it work. You can't move forward if all you do is look back. And there are a lot looking back at the moment.

Nice one....Said well and expressed perfectly. The sun will shine in the morning and the stock exchanges will do what they will do. We all know from adversity comes new beginnings and opportunity.

 

[Deri]

The way I see it, so many people who voted out on their views on immigration got it all wrong. They confused immigration with illegal immigration and asylum seekers. If you want to come and work/live in the UK and all the relevant paperwork is filled out and passed, there is no problem. However there is a lot of the latter coming through and at the moment asylum has to be granted to them if valid.
I myself have no problem with immigrants, many of them fill jobs our own do not want or think are below them! And when I go to the hospital some of the best doctors are not from the UK and do a fantastic job. My wife had a c-section and the surgeon was a Dr Fernández, hardly a British name now is it!

 

[GSF]

I only wish that were true. From the Daily Telegraph: http://www.telegraph.co.uk/news/ukn...ngs-while-authorities-turned-a-blind-eye.html

Rotherham sex abuse scandal: 1,400 children exploited by Asian gangs while authorities turned a blind eye
More than 1,400 (native British) children were sexually abused over a 16 year period by gangs of (Pakistani) paedophiles after police and council bosses turned a blind eye for fear of being labelled racist, a damning report has concluded...In some cases, parents who tried to rescue their children from abusers were themselves arrested. Police officers even dismissed the rape of children by saying that sex had been consensual. When children attempted to expose the abuse, they were threatened with guns, warned that their loved ones would be raped and, in one case, doused in petrol and told they would be burnt alive.

One of the challenges, it seems, of multiculturalism is that it can be used as a weapon to clobber people into silence, even in the face of truly horrific actions. A free society depends on the ability to exchange ideas freely and to hold everyone to the same standards of conduct. It's a sad day when political correctness is deemed more important than protecting children from rape and forced prostitution.

Of course, I'm not saying that all immigrants are responsible for such heinous acts. I'm only pointing out that multiculturalism combined with political-correctness can be very damaging to native populations, especially those least able to protect themselves.

(Yes, I know I'm skating on thin ice regarding forum rules. Lock the thread, delete my posts, I totally understand and won't hold it against anyone. And I apologize in advance to the wonderful mods who must be thinking, "Why can't she just drop it already." Sorry!)

Perhaps if @Sanj Modha and I can agree to disagree, we can just drop this and move on. Peace to everyone!

I don't have a problem with immigrants, I just think in the UK theres a real lack of systems and structure to support and help communities adjust and integrate.

A personal example, I moved from a town back to a rural community in 2014, my primary reason for this was to get a suitable school placement for my 4 year old boy. In the town I moved from we lived right next to a school, like a 2 minute walk. When we enquired about a school placement we realised that over 70% of the pupils were from ethnic minorities, 65% of the school didn't speak english as their first language. We were advised that because all the schools resources were going towards teaching the kids how to speak english, my childs education would likely suffer so he would be better off at another school. It was also clear to see that pupils and their parents from one ethnic group did not mix with other children and parents of the other ethnic groups, and no one could understand each other.

Again, not the fault of immigrants, its the fault of government for not controlling and providing adequate support to cope with immigration. Just my personal experience and sorry for further derailing into politics!

 

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[Longinus]

Seriously impressed by the low amount of emotions and drama in this high sensitive topic, even it's derailing.
I hope it stays like this.

 

[TwoSteps]

The most worrying thing about all this is that neither side has a plan.

At the highest level of Government, over a monumental decision, there is no definite plan of action from either side.

Blithering clowns, the lot of them.

 

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[happybhoy]

With GBP being low against the dollar, I'm looking at fba in the US.

 

[Tomekmeister]

"Asking an eurosceptic if he's for Brexit, it's like asking a prisoner if his cell buddy should be set free. For the buddy it's good, because he's no longer a prisoner, but the second one is in prison by himself." ~Konrad Berkowicz (politician from Poland)

Though it has negative direct impact on people that want to quit / destroy EU, it could be a good example that grants from EU don't make your country rich and you can live without them (80% of polish citizens think they do, not even kidding).

 

[illmasterj]

Missed the boat to buy this morning. Here's hoping markets are irrational in the US!

 

[GMJimmy]

grants from EU don't make your country rich and you can live without them. (80% of polish citizens think they do, not even kidding).

Majority of Hungarian citizens think the same. They, however, tend to forget that the EU donations are almost equal to the GDP growth in any given year.

But UK is still a great place, it's a pity that I'm leaving for this weekend, it would be nice to go to a pub and talk to different people about their opinion and feelings around brexit.

 

[mtn_baldy]

For me Brexit proved that the delusion with young people is not limited to the US, but worldwide (and those in power who control their brains)...

Their masters have now taught them that if you cant win an argument using facts, logic, or reason, you can scream "racist" "bigot" or any word ending in "phobe" and automatically you should get to win, arguments, elections, whatever. Guess not.

They claim to be so educated and yet their education comes from university indoctrination camps, controlled and censored corporate media (CNN, Google, FB, Reddit) and swarthy idiots like Stephen Colbert and Jon Oliver. Yea, you're educated all right--- educated in what your masters want you to think.

I'd expand further, but I'd be breaking forum rules. And since Brexit is political, this thread has already been walking tight ropes.

Right, but isnt this the off topic and current events thread?

 

[Michał Kóska]

no more cheap & tasty 'british' tea