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UK votes to leave EU

bbc.co.uk

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Re: UK votes to leave EU

#161

Post by jeffwass »

dangjc wrote: post #95

It's amazing that such deep constitutional change will be achieved with such a slim majority. 48% of British people will be ejected out of the EU essentially against their will. The UK has always embraced first past the post voting, but it really shows here how it creates very discontinuous inflection points.

I've heard yesterday that the referendum itself is non-binding, and that Parliament is still in charge of the final decision.

Further Parliamentary lawmakers are supposedly mostly pro-Remain, so given the slim margin of victory it's not clear what will ultimately happen.

Re: UK votes to leave EU

#162

Post by gonvaled »

jedmeyers wrote: post #66

As some people already said, even if the vote will be 'Leave' the Parliament most likely will not consider it and will not part ways with the EU siting some made-up problems, that "prohibit" the exit right away. Await another referendum until the necessary results are obtained.

Not so sure on this one: one thing that the UK is an example of is its respect for democracy. I hope the parliament accepts this non-binding vote, and take the necessary steps to swiftly break with the EU.

We in the EU can then proceed unhindered.

Re: UK votes to leave EU

#163

Post by unethical_ban »

Yhippa wrote: post #126
dangjc wrote: post #95

It's amazing that such deep constitutional change will be achieved with such a slim majority. 48% of British people will be ejected out of the EU essentially against their will. The UK has always embraced first past the post voting, but it really shows here how it creates very discontinuous inflection points.

This is the most shocking thing to me. It's almost non-negliible. It makes me feel slightly better about living in a republic like the US as opposed to a direct democracy.

It's technically a non binding referendum, and the UK is not a direct democracy. And you can't have something other than FPTP for a two choice decision. Unless you raise the barrier for change.

Re: UK votes to leave EU

#164

Post by Tomte »

selectron wrote: post #71
blhack wrote: post #10

I don't really understand the reasoning either for or against this. The default seems to be non eu-membership. So why should Britain stay in the EU? People are commenting on this as though it's really obvious.

I agree with this. There has to be some balance - it is not like EU membership lifts the economies that enter it, so it doesn't seem like it should be so bad to leave the EU. I also expect people to overstate the effects - like currency devaluing is both good and bad for the UK while people are acting like it is some kind of disaster. Stock markets also seem to largely be decoupled from the real economies these days.

Poland and most other Eastern European Economies got a huge boost by access to the Common Market.

Re: UK votes to leave EU

#165

Post by ap3 »

dangjc wrote: post #95

It's amazing that such deep constitutional change will be achieved with such a slim majority. 48% of British people will be ejected out of the EU essentially against their will. The UK has always embraced first past the post voting, but it really shows here how it creates very discontinuous inflection points.

What about those that were joined against their will?

Politics is violence: 51% vs 49%

Re: UK votes to leave EU

#166

Post by vidarh »

Aelinsaar wrote: post #155
beninvalencia wrote: post #122

As other comments have noted, the point is that the EU will not want to give the UK a good deal on leaving, because the EU does not want to give any encouragement to the other countries which want to leave the EU (some of which want to leave more strongly than the UK do - apparently). Secondly, why would the UK end up with a Norway or Switzerland deal, when the UK is the 5th largest economy in the world? This is unpr…

The largest importer of champange in the world? UK. Not per capita either... just the largest, in front of the US. The UK has a ton of money for luxuries and all kinds of things that the healthier economies of the EU desperately want access to.

Well, we now already have a lot less, given how far the pound has tumbled.

Re: UK votes to leave EU

#167

Post by dang »

deagle50 wrote: post #127

Nobody said leaving the 4th reich was going to be easy... edit: holy downvotes batman! Can anyone seriously argue the EU isn't another German empire?

No political flamewars, please.

We detached this subthread from https://news.ycombinator.com/item?id=11966471 and marked it off-topic.

Re: UK votes to leave EU

#169

Post by cisstrd »

beninvalencia wrote: post #122

As other comments have noted, the point is that the EU will not want to give the UK a good deal on leaving, because the EU does not want to give any encouragement to the other countries which want to leave the EU (some of which want to leave more strongly than the UK do - apparently). Secondly, why would the UK end up with a Norway or Switzerland deal, when the UK is the 5th largest economy in the world? This is unpr…

It's not completely one-sided, it's rarely black and white. But you can't seriously say that they are on equal footing when trying to do trade agreements. The GBP has taken a nosedive already...

Re: UK votes to leave EU

#170

Post by sharp11 »

peterkshultz wrote: post #111

I had been following the likelihood of a Brexit on Bloomberg. Before polls opened today, they said there was a 25% chance of the UK leaving. Seems they were quite, quite wrong. http://www.bloomberg.com/graphics/2016-brexit-watch/

Yes, interesting that the prediction markets got this quite wrong as well.
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