Quote:
Originally Posted by Bandwagon In Flames
Some very disgusting posts in this thread. I assume none of you know anything about this other then what John Oliver told you?
The majority of the UK is NOT in fact racist. This is supposed to help them financially in the long term. They will have more independence with their economy and won't have to fork over millions of pounds just to be part of the EU. Money is always the biggest deciding factor and this was no different.
Oh and if it does turn out to royally suck for the UK, they can always go back...
The amount of ignorance in this thread is astounding.
|
I've lived/studied in Brussels and attended EU government institutions on exchange.
The flow of money, goods, and access to markets is not a one-way street from London to Brussels. "This is SUPPOSED to help them" is the most accurate statement from the above. In reality, this is going to pound the pound and bring down markets and create instability for a good period. The increased trade and travel barriers will restrict the flow of goods, labor, and knowledge. The increased borders and bureaucracy will increase tensions. The economic benefits touted by the exit campaign were largely skewed and can be interpreted as very misleading.
And no, they cannot simply go back. The UK needs to re-apply for the accession process from a position of weakness in which the other member states need not acquiesce to any of their demands. They have have given up all rebates and all exemptions (Schengen, monetary union) and will have to negotiate from a disadvantage if they need to crawl back.
Furthermore, based on the voting maps, Scotland and Northern Ireland have a very good reason to re-initiate referendums on their independence as well. Much of the Scottish independence vote was predicated on promises of remaining in the EU. Scotland overwhelmingly voted to stay in the EU in the Brexit vote whereas England (save for London and other metropolitan areas) voted to leave.