Unfortunately nationalism and populism won another war. Now watch Scotland make referendum to leave UK and after leaving they will join EU.
Is populism supposed to be bad? I just looked up the definition to make sure and it's basically the principle that ordinary people should have control over government rather than political insiders and wealthy elite. That sounds like democracy to me. Is there an aspect I'm missing?
UK votes to leave EU
601–610 of 1001 posts
Re: UK votes to leave EU
#602A very sad day for everyone in Europe. The EU is not only about trade regulations, but about a continent who had a not very peaceful history finally growing together. The freedom of movement for European citizens was not only "convenient" but in fact an important civil right. When you live or have a business in one state of the US, you are bound to local regulations of course, but being part of the US granted you a l…
Re: UK votes to leave EU
#603One more thing: the UK was the official reason English is one of the languages of the EU (same as, on paper at least, with all the other languages). It will require some more fiddling to keep it so.
Re: UK votes to leave EU
#604There's a decent chance that this will spur the EU into proposing a package of reforms with a view towards a second referendum. Technically, this referendum was an advisory referendum (i.e. its result is not legally binding). If that doesn't happen, I would expect the UK to shift from membership of the EU to membership of the European Economic Area (alongside Norway and Iceland) or similar.
If there are further referendums, they'll be for Scottish independence, Irish unity and for Gibraltar to become part of Spain.
Re: UK votes to leave EU
#605A very sad day for everyone in Europe. The EU is not only about trade regulations, but about a continent who had a not very peaceful history finally growing together. The freedom of movement for European citizens was not only "convenient" but in fact an important civil right. When you live or have a business in one state of the US, you are bound to local regulations of course, but being part of the US granted you a l…
Re: UK votes to leave EU
#606Re: UK votes to leave EU
#607A very sad day for everyone in Europe. The EU is not only about trade regulations, but about a continent who had a not very peaceful history finally growing together. The freedom of movement for European citizens was not only "convenient" but in fact an important civil right. When you live or have a business in one state of the US, you are bound to local regulations of course, but being part of the US granted you a l…
Re: UK votes to leave EU
#608So, devil's advocate here: Can someone explain to me why this is a bad thing? I feel like most educated people seem to think this is terrible (and the markets seem to agree), but to me, the European union seems like an anti-democratic institution that doesn't really provide much value. I mean, don't me wrong, removing trade barriers is probably good. But won't the UK just be able to pretty quickly renegotiate basical…
A lot of businesses, including startups, will consider where they need to be based for access to a European single market. Until today that was likely to be London.
Re: UK votes to leave EU
#609> What culture do Germans, Greeks, Latvians, Bulgarians, Fins, and Spaniards share? The one that used to be called the Roman Empire, then Christendom, and is now called Western Civilisation. It is also arguably the greatest achievement of the human species.
> It is also arguably the greatest achievement of the human species. Bleh, gross
Re: UK votes to leave EU
#610A long and protracted disengagement period will only worsen volatility in the market, because of uncertainty around trade deals, as well as the political uncertainty of the UK itself.
Not to sound like I'm wearing a tinfoil hat, but it's not surprising that Soros decided to go long on gold when he did.