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 BHW Resident Surgeon
Posts: 25352
  
Location: Bastrop, Texas | Europe is in chaos, as England votes to leave the European Union and British PM David Cameron announces his resignation. If you think this won't effect us, I have news for you. Chances are it will. This is a huge development with virtually unlimited potential consequences.
I hope everyone pays close attention. |
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 Accident Prone
Posts: 22277
Location: 100 miles from Nowhere, AR | I didn't know this was a thing until yesterday. So I see lots of commonwealth friends wailing over this and how bad it is. What are the implications? My knee jerk reaction is Go Brits, but that's my American independence talking because I have no clue why it would be a bad thing. |
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BHW Resident Surgeon
Posts: 25352
Location: Bastrop, Texas | My suggestion would be to keep a close watch on developments. The initial reaction by markets will not be good. You have to read about this to really appreciate the full potential impact this could have. To be sure, this is a huge blow to the "One World Order" movement.
http://www.foxnews.com/world/2016/06/24/brexit-victory-sends-camero... |
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 Ima Cool Kid
Posts: 3496
Location: TN | The market is tanking. So ready for strong conserative leadership !!
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 Shelter Dog Lover
Posts: 10277
| They voted to leave, Obama has said he will move Britain to the bottom of our trade list if they did. I sure hope our congress stands up to him. |
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 Elite Veteran
Posts: 851
Location: West Texas | Way to go Britain |
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 Own It and Move On
Location: The edge of no where | My initial reaction is - Obummer hates it so it's most likely a good thing. I need to spend some time researching it. |
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 Expert
Posts: 5293
| Tdove - 2016-06-24 7:25 AM
Way to go Britain
Yep, seems as though there is a movement where the CITIZENS are taking back their countries and saying enough is enough!! I predict the same will happen here in the USA  |
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The Advice Guru
Posts: 6419
| This is going to affect the corporate companies, as they will need to add more offices, or pay tariffs to get their product in or out of England.
Now people from UK countries working in England will need visa, passports, etc.
Immigration as before you could float around all of the UK countries without a worry, now England will be just like entering the non UK countries.
It sounds like the complete ramification won't be felt for 2 years as this is how long it will take legally to leave |
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"Heck's Coming With Me"
Posts: 10797
Location: Kansas | The market is picking back up as the day goes on. This country is simply removing itself from a socialistic union that, just like the U.S., is inviting unvetted foreign invaders by the hundreds of thousands into the UK. London now has a Muslim mayor and the foreign element is taking over jobs that once belonged to people who were actually born in the UK and who need these jobs.
Congrat to the people of Great Britain. I'm sure they'll be on shakey ground for a while but they'll rebound.
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BHW Resident Surgeon
Posts: 25352
Location: Bastrop, Texas | One question is whether or not this will lead to a domino effect and widespread chaos across Europe. How will other European countries react? How will this be felt especially in countries with weaker economies, like Greece and Spain? Unemployment in those countries runs around 25% and unemployment in Europe in general is around 10%, last time I looked. |
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 I Prefer to Live in Fantasy Land
Posts: 64864
Location: In the Hills of Texas | Who the hell does Obama think he is to go over to Britain and tell them what they should do and then threaten them that they would be on the bottom of the trading with the US?
Sounds like the Brits will sacrifice for freedom. I respect them for that and now they can close their borders to Middle East Invaders.
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I Prefer to Live in Fantasy Land
Posts: 64864
Location: In the Hills of Texas | So Obama believes in controlling people and this is what Trump said and why I'm voting for him.
"Donald Trump, in Scotland Friday to visit to one of his golf courses, said Britons "took back their country. It's a great thing." He likened the vote to the U.S. sentiment that has propelled him to the presumptive Republican presidential nominee, saying people in the United States and the United Kingdom are angry about similar things including unfettered immigration and trade policies that he claims cost domestic jobs.
"The people of the United Kingdom have exercised the sacred right of all free peoples," Trump said. "They have declared their independence from the European Union, and have voted to reassert control over their own politics, borders and economy."
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Location: Not Where I Want to Be | horsingaround - 2016-06-24 10:23 AM The market is tanking. So ready for strong conserative leadership !!
wait,,,,,,,what?
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Location: Not Where I Want to Be | Bear - 2016-06-24 10:48 AM One question is whether or not this will lead to a domino effect and widespread chaos across Europe. How will other European countries react? How will this be felt especially in countries with weaker economies, like Greece and Spain? Unemployment in those countries runs around 25% and unemployment in Europe in general is around 10%, last time I looked.
you have had at any given time 3-5 economies inthe EU that have carried the rest.
One of the givers got tired of carrying the takers.
The domino will be decided on how well the Brits handle their biz going forward.
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 Firecracker Dog Lover
Posts: 3175
| This morning on the news I heard that some folks in Britain were calling this their "Independence Day." The irony of this makes me chuckle. |
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Elite Veteran
Posts: 865
| IMO this is a great move for the Brits and I also think this will help Trump in the election.   |
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Common Sense and then some
Location: So. California | Bear - 2016-06-24 7:48 AM One question is whether or not this will lead to a domino effect and widespread chaos across Europe. How will other European countries react? How will this be felt especially in countries with weaker economies, like Greece and Spain? Unemployment in those countries runs around 25% and unemployment in Europe in general is around 10%, last time I looked.
This is really scary....
How this will effect the other EU countries is unknown, and the world markets are showing their unease. The Nikkei market dropped almost 8%, the Dow is down by over 500 points at the opening bell. This will effect your 401K or any investments you have.
The UK has 2 years to formulate a plan and leave the EU. It's going to be a bumpy bumpy ride. |
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"Heck's Coming With Me"
Posts: 10797
Location: Kansas | Anniemae - 2016-06-24 12:28 PM Bear - 2016-06-24 7:48 AM One question is whether or not this will lead to a domino effect and widespread chaos across Europe. How will other European countries react? How will this be felt especially in countries with weaker economies, like Greece and Spain? Unemployment in those countries runs around 25% and unemployment in Europe in general is around 10%, last time I looked. This is really scary....
How this will effect the other EU countries is unknown, and the world markets are showing their unease. The Nikkei market dropped almost 8%, the Dow is down by over 500 points at the opening bell. This will effect your 401K or any investments you have.
The UK has 2 years to formulate a plan and leave the EU. It's going to be a bumpy bumpy ride.
Something has to give with the stock market one of these days. Every time they talk about raising interest rates, which would be a blessing to those of us who rely on CD's, the stock market conveniently takes a little nosedive and the Feds back off.
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 Hawty & Nawty
Posts: 20424
| Obama is a cry baby. He lost his push for amnesty then went on tv to say how disappointed he was and that it will happen one way or the other someday soon... (Whatever) then the GOP unveils and alternative to ACHA. Now this. Like NTO said, who does he think he is to say something "bottom of the trade list.." my arse. Hey buddy, you're no longer revelvant.
Anything against the One World Order mantra is a GOOD THING. Seems Brits want to control their own borders too, because that was mentioned by more than a few of them on FB. |
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Folks on-line