Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

UK votes to leave EU

bbc.co.uk

Post reply on HN
Print view View original

431–440 of 1001 posts

Re: UK votes to leave EU

#431

Post by sfifs »

wyclif wrote: post #395
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…

$4 trillion a day changes hands on the foreign exchange market, and half of that is in London. England is going to be OK, people. Project Fear has been voted down, after all.

This happens primarily because the city of London has a lot of exceptions provided to it by the EU and becomes an attractive place for the Americans, Chinese and Japanese institutions to funnel money into EU markets. It is really in a role similar Hong Kong vis a vis China. With Brexit, EU every reason to promote places like Luxembourg and other financial centers as the financial hub and end exceptions that make City of London competitive. Banks being banks will simply close offices and move business across the water.

Re: UK votes to leave EU

#433

Post by alkonaut »

I fail to understand how this is a referendum on migration as it is claimed to be. The movement of people with the EU is independent of the flow of people into the EU (the "migrant crisis" of the Syrian war for example).

So how is it about migration? Are UK voters afraid of eastern European EU migrants or is it something else?

If anything, being a part of the EU allows the UK to force migrants to seek asylum in the country where they entered the EU. Outside the EU I don't think they will have that possibility?

Re: UK votes to leave EU

#434

Post by venomsnake »

xienze wrote: post #223
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/

I don't think it's terribly surprising. When people are demonized for their political beliefs (i.e., you're stupid and/or racist if you support Brexit), the truth will only come out with anonymity. Hence, polling becomes much more unreliable.

This bodes well for Trump ...

Re: UK votes to leave EU

#436

Post by vsl »

paganel wrote: post #304
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 scaremongering goes on even after the vote has been called... The terms are simple: You can't have free movement of goods without the equally free movement of people. As long as people in the UK are ok with the free movement of people (even though the fight against it was a big part of the "Leave" campaign) then I would see no reason why us, the rest of the EU people, should impede the UK products' access to th…

Err, there isn't free movement between UK and the Schengen area. Yet it apparently doesn't impede trade.

Re: UK votes to leave EU

#437

Post by vidarh »

darawk wrote: post #271

So, 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…

> But won't the UK just be able to pretty quickly renegotiate basically similar terms again anyway?

Probably. But the leavers don't want "basically similar terms". They want the trade benefits without "paying" with things like freedom of movement. The EU will never allow that, as if they let the UK pick and choose the part they like best, other countries will want special treatment too.

The best the UK can hope for in order to get the same access to the EU market as before, is something like the EEA, which means accepting all the things the leave campaigners have wanted to get rid of, and get no say whatsoever, similar to Norway.

In which case the UKs democratic deficit will have just widened even further.

Re: UK votes to leave EU

#438

Post by kaid »

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…

what is stopping them from doing trade after uk leaves eu? seems most comments around is expecting each side to loose their market on the other side.

Re: UK votes to leave EU

#439

Post by dandare »

To understand how irrational the voters decision is, consider this story: here in Czech Republic, many people now "oppose the dictate of the EU" because as a part of consumer protection scheme introduced by EU Czechia's favourite margarine brand had to change it's name from butter to margarine. Only butter products can be labeled butter now and this has become a fuel in the increase of eurosceptics. Fubar.

Re: UK votes to leave EU

#440

Post by estefan »

bromuro wrote: post #347

As someone who doesn't want this neo-liberist, anti-democratic EU I see this as a very good news. Let's hope Denmark and France to follow.

TBH I wouldn't be surprised if in 20 years there's a new Western EU of richer countries with the poorer countries left out.
Post reply on HN