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[Kornoponing]

Well now that they voted to Leave, maybe the next step is to vote on the details? With the EU do they want to be friends with benefits or a full divorce with restraining order....

Well I don't know about other coutries but the Netherlands export for €38 billion to the UK (on a total of €482,31). We really need those benefits to be good...

Ah well, let's see how the "common man" will react to the next financial crisis.

 

[Sesuadra]

As someone who doesn't understand economics that well: why did Japanese economic took a huge hit while the US for example didn't?

Japan wants a weak yen, because they export a lot. So a strong yen is bad for them.

I don't have much knowledge about the US so I leave that answer to someone else...But maybe a 50% answer helps >_>...

 

[Hawkie]

US Gaffer here: Why does Farage guy keep calling this "Our Independence Day"?

Last I checked EU never invaded UK...

Quite simple. The EU has been diluting UK sovereignty for years. EU law stands above British law.

 

[Oriel]

It's incredible, they just stole their own jobs.

He made little effort in campaigning for a remain vote, no doubt because at heart he's somewhat Euroskeptic. He should now go.

 

[shink]

Good luck UK!

 

[TatteredHat]

Is this vote actually binding or can the UK government ignore it? (Not looking at the consequences of doing that)

 

[MetatronM]

As someone who doesn't understand economics that well: why did Japanese economic took a huge hit while the US for example didn't?

It's 2:40am on the east coast of the US right now. The markets aren't even close to opening yet.

 

[Jintor]

Right, aren't we all one people, a fraternity of equals working together for a better world? Can't believe anyone would try to divide us with angry and emotional rhetoric? I totally agree.

hahah holy shit

 

[Toxi]

welcome our new glorious leader!

 

[Lagamorph]

As someone who doesn't understand economics that well: why did Japanese economic took a huge hit while the US for example didn't?

Wait for the US markets to open later on.

 

[daniels]

52% of Rotten Tomatoes...

51.9% Win for the UK to leave the EU...


Maybe he's right to call it Independence Day because both of them are things which shouldn't have existed.

https://en.wikipedia.org/wiki/Independence_Day:_Resurgence
In the United States and Canada, Independence Day: Resurgence was released on June 24, 2016 .

 

[flipping_heck]

Wake up to awful news!! Time to leave the country!

 

[SomTervo]

We fucked it.

Marks the fifth vote I have ever made in my life and the fifth time the vote has gone the complete opposite direction; with things always getting worse after. Logic and reason has failed again.

Quite simple. The EU has been diluting UK sovereignty for years. EU law stands above British law.

If by diluting you mean improving, then yeah sure.

Enjoy your dismantled NHS, fucked up America-style food regulations, thrust even further to the devastating right wing, wtc.

 

[Aiii]

Plenty of countries have Independence Days, esp. in Africa and east Europe

Well no shit, we pretty much all had like wars and occupations in mainland Europe sometime in the last century.

The UK though...

 

[RibMan]

For those of you who (like myself) need more information on the effects of Brexit:

http://www.economist.com/Brexit

 

[fredrancour]

As someone who doesn't understand economics that well: why did Japanese economic took a huge hit while the US for example didn't?

It's 3am in new york. wall street can't start trading til the stock markets open.

This actually overlapped with business hours in japan.

 

[GHG]

Nah they don't care about the money, they care about the Polish immigrants steelin dur jerbs and those people who sit on a carpet a couple of times a day.

Really?

So instead of thinking that people could have come up with some logical and valid reasons to vote leave and to try and understand them you choose to remain ignorant and go with this? Do you really think that 17 million people voted leave for those reasons? And that all those who voted leave are xenophobic and racist? 17 million people?

Whatever makes you comfortable I guess but there is great irony in posts like this.

 

[stan423321]

I don't think anyone who voted leave has answered this yet:

How exactly is leaving the EU helping with the immigraton of non-EU citizens when the UK wasn't a Schengen country to begin with?
I mean judging by the imagery used(burkas and what not) there doesn't seem to be a strong resentment against Italians or Austrians coming to the UK?

So this is a mess but Schengen basically means no inner border controls (except airports and maybe boats for some reason). I'm pretty sure that despite this you can enter the other countries solely on the basis of ID card if any, and a passport is definitely enough.

If UK magically left everything they could instate a visa.

 

[Newtype-001]

Is this vote actually binding or can the UK government ignore it? (Not looking at the consequences of doing that)

They could

 

[Window]

This should have never been up for a referendum...

With the markets taking such a hit. I guess most investors didn't bank on this outcome coming true?

 

[nelchaar]

Historically, has there ever been a case of a country leaving a federation/union doing better after they gained independence?

Thinking back to Lebanon; wish we never gained independence from France. We're basically a corrupt shithole.

 

[Lightning Count]

Worst part is that the older generation who voted leave work 'the be around to see what happens the young working generations are going to be hit hard because of this.

 

[Prototype Viktor]

Oh and reducing immigration was a lie too apparently.... https://twitter.com/immmy/status/746225124316061696

The civil war/brexit wasn't about slavery/immigration! - people 10 years from now

 

[Jinjo]

Plenty of countries have Independence Days, esp. in Africa and east Europe

Yes but those come from fighting of years of war or governmental oppression. They willingly joined the EU years ago and they sure are free to leave if they want to.

 

[Metroxed]

I actually hope this somehow leads to an Irish reunification and a Scottish independence.

Whatever happens, really interesting times ahead, although I am sorry for the people who voted to stay and now might have to face some unexpected consequences.


....or they might end up better off without us, who knows.

 

[BigDes]

They should annul the result

Leave campaign have just openly announced their two biggest arguments were lies

 

[Hazanko]

Fuck Corbyn, it's really all his fault imho

It's the fault of people who voted leave. Immigration was more important to them than common sense.

 

[Principate]

This actually illustrates a question I had about this - why were/are healthy economic decisions and sane immigration policy framed as being mutually exclusive? I read plenty about how bad this could be for Britain's economy (and that is panning out, in the short term) but even Vox admitted that staying left them with little to no power over their own immigration policy. This seems insane when cheap labor can be used for wage suprression and terrorism can have a negative impact on economics, beyond the human toll. Why was there virtually zero middle ground on this?

Because hint wage suppression isn't inherently bad for the economy, the US economy is booming, but true middle and low class wealth/quality of life hasn't dramatically increased. Big business looks for cheap labor for a reason.

 

[dalin80]

So will Cam resign?

We can only hope not, a leadership battle going on at this time would be a complete disaster... or even more so depending on your perspective.

 

[daveo42]

welcome our new glorious leader!

This is how humanity ends up wiping itself off the face of the Earth. We had a good run guys. Time to pack it in.

Spoiler

only half joking

 

[SymbiantXenos]

Don't give me that will of the people bullshit.

Theres a difference of 1.2 million that's it.

 

[PKrockin]

As someone who doesn't understand economics that well: why did Japanese economic took a huge hit while the US for example didn't?

It's still hours before the markets open in the US.

 

[Shiggy]

Sorry but the EU should not allow them to be friends with benefits. You can't allow a nation to pick and choose what it wants out of the EU or else more will follow.

But that's what the UK always did during their EU membership.

 

[Izuna]

Any good financial streams for when other markets open?

 

[HazySaiyan]

Is this vote actually binding or can the UK government ignore it? (Not looking at the consequences of doing that)

As far as I know it's not legally binding but it would be political suicide not to honour it.

 

[Ashes]

So what actual changes does the exit have on immigration? EU workers are sent home?

No. We're dependent on them. We've just lost £200bn. You think we want to lose more?

 

[axisofweevils]

Hmmmmm... In May, Farage said 52/48 wouldn't be enough https://twitter.com/MichaelPDeacon/status/746223319595122693

 

[oti]

Is this vote actually binding or can the UK government ignore it? (Not looking at the consequences of doing that)

Do you want a Civil War? Here's the thing, even if the Leavers actually see all the lies of the UKIP idiots and the short term consequences, they will still stay in the Leave camp just to not appear like they made a mistake.

 

[23qwerty]

Really?

So instead of thinking that people could have come up with some logical and valid reasons to vote leave and to try and understand them you choose to remain ignorant and go with this? If you really think that 17 million people voted leave for those reasons? And that all those who voted leave are xenophobic and racist? 17 million people?

Whatever makes you comfortable I guess but there is great irony in posts like this.

 

[BAW]

Quite simple. The EU has been diluting UK sovereignty for years. EU law stands above British law.

The EU has been diluting the sovereignty of every member state tho. It's called not being a selfish prick.

 

[ZenTzen]

loving the retractions from the Leave party, conveniently hiding that they'll still have to pay those 350k and be subjected to EU immigration laws if they want access to the freemarket, and now they wont get any benefits they had from being part of the EU once they leave

 

[Foffy]

Hilariously bad.

Can you explain in points how it's bad?

Like, I can imagine it's bed from the dualistic notion of the UK being in isolation, but I am failing to see the waves it makes from that point of reference.

 

[RedSparrows]

Plenty of countries have Independence Days, esp. in Africa and east Europe

Not from the EU. Eastern European countries have independence days from the numerous liberations they've had from tyranny. Actual proper tyranny, of genocide, repression, deportations and the like. I.e. nothing like what the EU has 'done' to Britain, but try telling that to many UKIP supporters. Some of them are genuinely convinced we've had it as bad, I think.

 

[brochiller]

Hmmmmm... In May, Farage said 52/48 wouldn't be enough https://twitter.com/MichaelPDeacon/status/746223319595122693

Guess you better try again!

 

[kess]

Quite simple. The EU has been diluting UK sovereignty for years. EU law stands above British law.

This is hella ironic coming from someone with a Northern Ireland avatar

 

[KingBroly]

Is this vote actually binding or can the UK government ignore it? (Not looking at the consequences of doing that)

Apparently Parliament can reject it, but I doubt many of them would keep their job for very long.

 

[Zornack]

What is that word cloud from?

 

[MouldyK]

https://en.wikipedia.org/wiki/Independence_Day:_Resurgence
In the United States and Canada, Independence Day: Resurgence was released on June 24, 2016 .

It released 23rd June over in the UK...

...the plot thickens...

 

[Izuna]

It's the fault of people who voted leave. Immigration was more important to them than common sense.

Except their issues with immigration were hardly rooted in truth. As well as their suspected solutions.

 

[Red Arremer]

Really?

So instead of thinking that people could have come up with some logical and valid reasons to vote leave and to try and understand them you choose to remain ignorant and go with this? If you really think that 17 million people voted leave for those reasons? And that all those who voted leave are xenophobic and racist? 17 million people?

Whatever makes you comfortable I guess but there is great irony in posts like this.

Hmm...