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re: UK leaves EU
Posted on 6/24/16 at 8:06 am to JustGetItRight
Posted on 6/24/16 at 8:06 am to JustGetItRight
quote:
The agreements will end up providing a freedom of travel very similar to what they enjoy right now - and enjoyed well before the EU grew from a trade partnership into a quasi-nation.
I doubt this will occur anytime soon, there will be a long period of "punishing" GB
1
Posted on 6/24/16 at 8:10 am to JustGetItRight
quote:
Sound familiar?
I don't have a problem with any of that.
Posted on 6/24/16 at 8:22 am to Old Sarge
quote:
I doubt this will occur anytime soon, there will be a long period of "punishing" GB
I disagree. Without the Brits the EU knows it is drifting in a bad direction. You don't want the ratio of Germanys to Greeces getting too low so anything they can do to keep the economic strength of Britain propping up the plethora of shitty members will be a necessity.
Posted on 6/24/16 at 8:50 am to GnashRebel
quote:
I disagree. Without the Brits the EU knows it is drifting in a bad direction. You don't want the ratio of Germanys to Greeces getting too low so anything they can do to keep the economic strength of Britain propping up the plethora of shitty members will be a necessity.
This.
As I said earlier, the second largest economy just walked out the door. The absolute LAST thing Germany wants is to lose access to that market.
In the end, the UK will end up with a virtually identical trade and travel situation AND they'll have the ability to set their own rules for their own country.
Posted on 6/24/16 at 8:55 am to JustGetItRight
US$ just gained $0.03 against the Euro overnight...and it's still gaining ground as I type this.
https://www.xe.com/
https://www.xe.com/
Posted on 6/24/16 at 9:04 am to JustGetItRight
quote:
In the end, the UK will end up with a virtually identical trade and travel situation AND they'll have the ability to set their own rules for their own country.
JustGetItRight is doing exactly that.
It's hard not to watch the UK voting to leave the EU and not see a rejection of governmental overreach. What began as a way to streamline trade grew into something with far more control and regulation than I had ever expected. I'm surprised how much of the coverage is focusing on what happens next, rather than what drove them here in the first place.
Washington, are you listening?
Honestly, I have never understood the lines of demarcation between EU and national authority. I would point to the US Constitution and ask where their version of "enumerated powers" is, but we have pretty much trampled that here, too. People are tired of government overstepping their charter. Stay in your box and do that well.
This post was edited on 6/24/16 at 10:07 am
Posted on 6/24/16 at 9:05 am to JustGetItRight
quote:
As I said earlier, the second largest economy just walked out the door. The absolute LAST thing Germany wants is to lose access to that market.
In the end, the UK will end up with a virtually identical trade and travel situation AND they'll have the ability to set their own rules for their own country.
exactly. there will be mass hysteria for a day, week, month , or two. then life will go back to normal. hell, i don't think they can even leave for something like 2 years from now anyways. it's not like they just put up embargos between england and continent to never talk again.
Posted on 6/24/16 at 9:13 am to 478rebel
My strategy for the past year has been to sell some every time the Dow goes over 18,000. That's what I did yesterday.
Today, I'm feeling like a genius and looking for bargains.
Today, I'm feeling like a genius and looking for bargains.
Posted on 6/24/16 at 9:38 am to JustGetItRight
Why would Greece leave next? Their economy is being propped up by the Bundesbank and their bailouts
Posted on 6/24/16 at 9:39 am to pvilleguru
quote:
I don't have a problem with any of that.
You don't, but a lot of people do including a majority of UK voters and the result wasn't from a lack of participation. They had a huge turnout.
quote:
Washington, are you listening?
No, they aren't. They mostly fall into one of two categories. Group a DNGAF what the people want and group B is too busy enjoying the DC circle-jerk to see what's happening in the world outside the beltway.
That's why they can't understand the Trump phenomenon. The never heard or cared to pay attention to the voices from the wilderness and now they don't have a clue why those people are at the gates carrying torches and pitchforks.
Posted on 6/24/16 at 9:45 am to Rebelgator
quote:
Rebelgator
Holy frick. Where have you been?
Posted on 6/24/16 at 9:49 am to AllbyMyRelf
quote:
Why would Greece leave next? Their economy is being propped up by the Bundesbank and their bailouts
Two reasons. General dissatisfaction with the country is first. In order to get those bailouts, they had to agree to incredibly unpopular austerity measures.
Second is currency control. By going to the Euro, Greece gave up its ability to implement fiscal policies to react to national fiscal crisis. They just have to suck it up and accept whatever policy the Eurozone as a whole wants. Most of southern Europe faces the same problem. Their economies aren't as vibrant as France and Germany, yet they're subject to Franco-German ideas about fiscal policy that may not be the best for Italy, Greece, Portugal, etc. For example, some people argue that Greece's financial issues might be addressed by devaluing the currency but since they're Euro, that's not an option.
In fairness, most of those issues are Eurozone more than EU but in the minds of most, they're one and the same.
Posted on 6/24/16 at 10:12 am to JustGetItRight
quote:
Ok, but that freedom of movement is a two way street. Brits had free access to any part of the EU, but people from any part of the EU had free access to the UK.
Not true. The UK was not part of the Schengen Area, so that part of EU policy did not apply to them. There were still border checks, ID verification, work and visa restrictions etc. imposed on people coming from mainland Europe into the UK.
https://en.wikipedia.org/wiki/Schengen_Area
Posted on 6/24/16 at 10:14 am to Wanderin Reb
If I told you....
Posted on 6/24/16 at 10:35 am to americanrealism
quote:
Not true. The UK was not part of the Schengen Area, so that part of EU policy did not apply to them. There were still border checks, ID verification, work and visa restrictions etc. imposed on people coming from mainland Europe into the UK.
I'm not fully up on EU travel document requirements, but here's a story to illustrate what I'm talking about - a EU court telling the UK they can't deport an EU jobseeker that never gets a job. They're also subject to the free movement directive. To put it simply, as a member of the EU, the UK simply does not have the right to manage immigration.
Posted on 6/24/16 at 11:19 am to Rebelgator
quote:
If I told you....
Prison?
Secret Mission?
While You were SLeeping type situation?
Posted on 6/24/16 at 11:25 am to GnashRebel
Nah, just been all over the place for work.
Posted on 6/24/16 at 12:20 pm to 478rebel
Maybe we should recruit the UK to be the 51st state, and Canada as the 52nd. Anglophiles unite!
Posted on 6/24/16 at 12:25 pm to Kentucker
quote:
Maybe we should recruit the UK to be the 51st state, and Canada as the 52nd. Anglophiles unite!
Wait. Canada is NOT part of the US? Next thing, you'll tell me that New Mexico IS.
Get your "facts" straight, fella.
All kidding aside, I live in northern Minnesota and Canada is pretty darn close to here. I am thinking about moving there if one of the presidential candidates wins.
Posted on 6/24/16 at 1:25 pm to Ag Zwin
quote:
All kidding aside, I live in northern Minnesota and Canada is pretty darn close to here. I am thinking about moving there if one of the presidential candidates wins.
They may not let you in. They have this bizarre habit of actually vetting people wanting to move there and not just letting folks walk across the border and stay.
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