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UK voted to leave the EU

 

06-24-16 07:53 PM
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legacyme3 : Does it have a massive impact for us Americans? -ish.

The biggest concerns are how England has the 5th biggest economy in the world and they're strong trading partners with the United States. They're going to potentially devalue their dollar and see drops in their exchanges which affect our stock markets with trading. The U.S. has also gone through England, what with our shared history, as a major trading partner to the rest of Europe. Now, trade could become more expensive and prices just may go up over here as a result of companies fulfilling their shareholders' demands for profit.

The bigger issue is a destabilized Europe, both economically and politically. Other countries, Greece most notably, have been rumbling about doing the same and leaving the EU. Now that one country stepped out and made the change, the rumblings could turn into action and there's suddenly a fractured continent. Politically, this doesn't have massive impact on the United States. We are a strong economy, we're our own place, and we won't see a huge downfall.

Speculation from the stock markets will have an impact and people get nervous when the Dow Jones drops a few hundred points in a day.

I wouldn't be concerned. Let the Euros do their thing. As a side note, this may accelerate the NFL getting a football team into London.
legacyme3 : Does it have a massive impact for us Americans? -ish.

The biggest concerns are how England has the 5th biggest economy in the world and they're strong trading partners with the United States. They're going to potentially devalue their dollar and see drops in their exchanges which affect our stock markets with trading. The U.S. has also gone through England, what with our shared history, as a major trading partner to the rest of Europe. Now, trade could become more expensive and prices just may go up over here as a result of companies fulfilling their shareholders' demands for profit.

The bigger issue is a destabilized Europe, both economically and politically. Other countries, Greece most notably, have been rumbling about doing the same and leaving the EU. Now that one country stepped out and made the change, the rumblings could turn into action and there's suddenly a fractured continent. Politically, this doesn't have massive impact on the United States. We are a strong economy, we're our own place, and we won't see a huge downfall.

Speculation from the stock markets will have an impact and people get nervous when the Dow Jones drops a few hundred points in a day.

I wouldn't be concerned. Let the Euros do their thing. As a side note, this may accelerate the NFL getting a football team into London.

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06-24-16 09:25 PM
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I was gone for 2 days and this happen  I'm very worry about my fellow developers who might not get though in UK. Since now you need a way to check your backgrounds (not right now but talks have been starting) it would mean UK developers would not get EU developers so easy. You also have problems with Steam, now with no Euro they are paid with American money which is fine in the US and EU but not so well in pounce. This can lead to many small studios leaving UK just to recover the lost damage it cause.
I was gone for 2 days and this happen  I'm very worry about my fellow developers who might not get though in UK. Since now you need a way to check your backgrounds (not right now but talks have been starting) it would mean UK developers would not get EU developers so easy. You also have problems with Steam, now with no Euro they are paid with American money which is fine in the US and EU but not so well in pounce. This can lead to many small studios leaving UK just to recover the lost damage it cause.

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06-25-16 02:18 AM
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m0ssb3rg935 : Ah, yeah I probably should've taken that out of your post, thanks for clarifying.
m0ssb3rg935 : Ah, yeah I probably should've taken that out of your post, thanks for clarifying.

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06-25-16 05:34 AM
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I guess I'm one of minority who isn't really commited to either side. In principle I agree with Britain's decision to leave to regain their autonomy. Since I do feel the EU has become too controlling and even EU citizens don't really have much influence over who runs it since we don't get to elect the EU leaders. They go in and meddle in member states laws, taking away control from people and which doesn't work very well considering european countries are all very different economically, politically and socially. So they fail to adapt to the situation of each country leading to problems such as the one created by the refugee crisis (which in my opinion was mainly the fault of the EU) where countries can't handle the immigrants anymore.

However it's going to lead to very grave economical consequences for the UK with the stock market plummeting. One that's going to be hard to come back from. Due to how interconnected the European countries are economically that's going to affect the rest of us too quite hard. Basically while good out of principle it's disastrous for the economy of Britain and Europe. By extension it's going to affect non European countries as well like the US, China, Japan etc which we trade with.

It's also worrisome looking towards the future. Now that Brexit has suceeded it's leading to discussion brewing in other highly developed countries about leaving like The Netherlands. If enough countries leave the EU isn't going to be able to keep giving aid to poorer countries meaning they'll leave and won't follow EU regulations when it comes to pollution levels and such. Which is going to make environmental and many other problems apparent and in general this is going to create friction in Europe with the EU not being this unifying factor anymore.

The best case scenario in my book would be the creation of a new EU from within that goes back to the roots of the union. That is being an economical/peace keeping alliance that addresses some issues of global concern like the environment. Hopefully EU leaders will realize this and try to work towards it. Not something that seems likely though.

I guess I'm one of minority who isn't really commited to either side. In principle I agree with Britain's decision to leave to regain their autonomy. Since I do feel the EU has become too controlling and even EU citizens don't really have much influence over who runs it since we don't get to elect the EU leaders. They go in and meddle in member states laws, taking away control from people and which doesn't work very well considering european countries are all very different economically, politically and socially. So they fail to adapt to the situation of each country leading to problems such as the one created by the refugee crisis (which in my opinion was mainly the fault of the EU) where countries can't handle the immigrants anymore.

However it's going to lead to very grave economical consequences for the UK with the stock market plummeting. One that's going to be hard to come back from. Due to how interconnected the European countries are economically that's going to affect the rest of us too quite hard. Basically while good out of principle it's disastrous for the economy of Britain and Europe. By extension it's going to affect non European countries as well like the US, China, Japan etc which we trade with.

It's also worrisome looking towards the future. Now that Brexit has suceeded it's leading to discussion brewing in other highly developed countries about leaving like The Netherlands. If enough countries leave the EU isn't going to be able to keep giving aid to poorer countries meaning they'll leave and won't follow EU regulations when it comes to pollution levels and such. Which is going to make environmental and many other problems apparent and in general this is going to create friction in Europe with the EU not being this unifying factor anymore.

The best case scenario in my book would be the creation of a new EU from within that goes back to the roots of the union. That is being an economical/peace keeping alliance that addresses some issues of global concern like the environment. Hopefully EU leaders will realize this and try to work towards it. Not something that seems likely though.

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(edited by Zlinqx on 06-25-16 05:41 AM)    

06-25-16 09:29 AM
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All my mate was concerned with was that Game of Thrones season 7 and 8 wouldn't be affected...

Most of the votes to leave came from the elderly whereas most of the votes to stay came from the young. It was pretty split down the middle with 52% to leave and 48% to stay. The elderly kind of messed up here. I suppose the two key reasons that most wanted to leave would be the fact that they don't want immigrants coming and going as they please. And although they have a say in the laws they make it is ultimately governed by the EU. So in leaving they get to be autonomous and choose their own laws.

Although the repercussions to this are far worse. The economy is taking a plunge with the quid taking a dive. When we joined the EU we opted to have our own currency and not use the Euro and the pound was a strong currency. People in Europe no longer have free reign to come and go into the UK anymore either. There are also concerns of the stock market declining. What we should be worried about most is and oncoming recession.

Now we see what the future has in store for the UK.
All my mate was concerned with was that Game of Thrones season 7 and 8 wouldn't be affected...

Most of the votes to leave came from the elderly whereas most of the votes to stay came from the young. It was pretty split down the middle with 52% to leave and 48% to stay. The elderly kind of messed up here. I suppose the two key reasons that most wanted to leave would be the fact that they don't want immigrants coming and going as they please. And although they have a say in the laws they make it is ultimately governed by the EU. So in leaving they get to be autonomous and choose their own laws.

Although the repercussions to this are far worse. The economy is taking a plunge with the quid taking a dive. When we joined the EU we opted to have our own currency and not use the Euro and the pound was a strong currency. People in Europe no longer have free reign to come and go into the UK anymore either. There are also concerns of the stock market declining. What we should be worried about most is and oncoming recession.

Now we see what the future has in store for the UK.

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06-25-16 10:29 AM
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Unfortunately the whole idea of taking back control/sovereignty is one big illusion

https://news.liverpool.ac.uk/2016/06/16/watch-dishonesty-industrial-scale-eu-law-expert-analyses-referendum-debate/
Unfortunately the whole idea of taking back control/sovereignty is one big illusion

https://news.liverpool.ac.uk/2016/06/16/watch-dishonesty-industrial-scale-eu-law-expert-analyses-referendum-debate/

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(edited by Votan88 on 06-25-16 10:30 AM)    

06-25-16 11:04 AM
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It IS absolutely shocking. And the British that voted themselves out didn't just screw themselves over, they screwed tons of other people over as well. Big deal that the pound sterling has hit the lowest point since the 80s; I feel no pity unless you voted to stay. However, with the floating economy the WORLD runs on, all the speculation and the result led to a panic in the US. The stock market dropped, what, 200 points yesterday morning? And men and women are losing money in their 401k. This is just great.
Hopefully it doesn't last for long, the panic for like a month or so.
It IS absolutely shocking. And the British that voted themselves out didn't just screw themselves over, they screwed tons of other people over as well. Big deal that the pound sterling has hit the lowest point since the 80s; I feel no pity unless you voted to stay. However, with the floating economy the WORLD runs on, all the speculation and the result led to a panic in the US. The stock market dropped, what, 200 points yesterday morning? And men and women are losing money in their 401k. This is just great.
Hopefully it doesn't last for long, the panic for like a month or so.

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06-25-16 03:48 PM
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it was known when the referendum was first announced that should the UK choose to leave the initial impact would be negative but as time goes on things should start to stabilize think some of the main reasons for leaving is that The EU was started as means of easier trading but has  since took it upon itself to govern control deiced borders and even make up laws to impose their will to the point where some countries are calling enough is enough on it and there may be more countries exiting as well but think the biggest loss was David Cameron's poor attempt of a campaign and just wasted time and money assuming we would vote to remain through fear of change where as Nigel Farage actually spoke of improvements that could be had if we chose it's a big gamble to take for sure and for better or worse 
it was known when the referendum was first announced that should the UK choose to leave the initial impact would be negative but as time goes on things should start to stabilize think some of the main reasons for leaving is that The EU was started as means of easier trading but has  since took it upon itself to govern control deiced borders and even make up laws to impose their will to the point where some countries are calling enough is enough on it and there may be more countries exiting as well but think the biggest loss was David Cameron's poor attempt of a campaign and just wasted time and money assuming we would vote to remain through fear of change where as Nigel Farage actually spoke of improvements that could be had if we chose it's a big gamble to take for sure and for better or worse 

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06-25-16 05:15 PM
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MysteriousPanzer : I agree with what you have to say. Most of the young people voted for stay. My family and most others voted for stay. But the elderly voted to leave. It will be something that will last a while but I dunno what will hold in the future because I don't want to assume things. Its sad seeing when something you have been a part of will affect when you vote leave. Its already made a huge change as you sated as we have seen from the news and so on. I just hope in time things will get better...

Blubcreator : I'm not even sure how many things will get affected since the UK has now left the EU. I was gonna say of what you said in my earlier posts but had forgotten too. Its true most of the young people voted was for stay. While the elderly people of age 80 voted for leave. And they indeed messed things up....but they had it with people I guess who can come in as they please into the UK. :/
MysteriousPanzer : I agree with what you have to say. Most of the young people voted for stay. My family and most others voted for stay. But the elderly voted to leave. It will be something that will last a while but I dunno what will hold in the future because I don't want to assume things. Its sad seeing when something you have been a part of will affect when you vote leave. Its already made a huge change as you sated as we have seen from the news and so on. I just hope in time things will get better...

Blubcreator : I'm not even sure how many things will get affected since the UK has now left the EU. I was gonna say of what you said in my earlier posts but had forgotten too. Its true most of the young people voted was for stay. While the elderly people of age 80 voted for leave. And they indeed messed things up....but they had it with people I guess who can come in as they please into the UK. :/

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06-26-16 07:17 AM
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legacyme3 : On the other hand it can be said that those are the people who actually built the nation into what it is. A 18 year old who hasn't done anything at all for the country should have more say than a 65 year old who has spent 40+ years working and such? They could just counter it by saying that young people who haven't spent a certain amount of time in the workforce or military shouldn't be allowed to vote either.
legacyme3 : On the other hand it can be said that those are the people who actually built the nation into what it is. A 18 year old who hasn't done anything at all for the country should have more say than a 65 year old who has spent 40+ years working and such? They could just counter it by saying that young people who haven't spent a certain amount of time in the workforce or military shouldn't be allowed to vote either.

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