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Old 06-23-2016, 19:18   #1
Divemaster
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Brexit voting live updates

For anyone interested in following the Brexit votes as their counted, the BBC page provides live updates.

http://www.bbc.com/news/politics/eu_referendum/results
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File Type: jpg Brexit early results.jpg (19.1 KB, 20 views)
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Old 06-23-2016, 22:21   #2
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Great Britain leaves European Union

All major UK media calling the election a win for Brexit. Many 2nd & 3rd order effects to follow.

1. Scotland & Northern Ireland voted to remain. Particularly for Scotland, this could lead to a resurgence of the independence movement.

2. The pound sterling is currently plummeting in value to 1985 levels vs. the dollar. Banks could face short term liquidity issues as they try to cover positions. Will central banks intervene?

3. Current government (Cameron was a huge Remain proponent) could easily fall and new elections called.

4. It is a two year process to negotiate an EU exit deal. Current EU regulations covering the UK remain in effect. Expect the negotiations to be contentious.

5. Can the EU stand without the UK? How much more of the burden will fall to Germany?

6. Global economic impact? Will certainly be negative, at least short-term.

7. Technically, the vote is NOT binding on Parliament. Will they respect the will of the people?
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Old 06-23-2016, 22:32   #3
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LOL, I've been watching this minute by minute. Seems our British Brothers and Sisters have had enough of the socialist/communist rule of Europe.

Well done my British Brothers and Sisters, well done. Soon we will join you in removing our socialist/communist yolks.

I've no doubt Mr. Trump will soon be our President!
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Old 06-23-2016, 23:02   #4
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The leadership focused on the economic issue when the driving factor was unchecked immigration and the inability to control their own borders.

I suspect a 'deal' can be worked out with the EU so that the UK can have some autonomy and still participate at basically the same economic level.

This process will take, at a minimum, 2 years so its not exactly Armageddon as is being written up everywhere.

Interesting....I can't quite understand the idea of a European confederation anyway....economically, yes, but the loosey goosey border crap and open border stuff is beyond me.
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Old 06-24-2016, 05:13   #5
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Splendid.
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Old 06-24-2016, 05:46   #6
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My wife hopes the whole EU goes down so she can get more passport stamps next trip. She was a bit disappointed when visiting four EU countries only yielded one stamp last time. Interesting global perspective, hers.
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Old 06-24-2016, 06:50   #7
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Quote:
Originally Posted by Team Sergeant View Post
LOL, I've been watching this minute by minute. Seems our British Brothers and Sisters have had enough of the socialist/communist rule of Europe.

Well done my British Brothers and Sisters, well done. Soon we will join you in removing our socialist/communist yolks.
My only regret was they didn't have the referendum on 4 July so in the future we couldn't celebrate our Independence together!
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Old 06-24-2016, 08:08   #8
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EU Socialist Ruling Elite

EU Socialist Ruling Elite have just been served. Soros is pissing his pants (well even more).

American socialists have taken notice, we will not give up our freedoms to the socialist elite.

The islamic "invasion" will now be stopped in Great Britain and soon stopped in America.

Hiterly thoughts of a socialist ruling class are over..... We're done with socialists idiots in government.

More countries are going to leave the EU. The fun is just beginning.
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Old 06-24-2016, 17:02   #9
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On the "F**k Brexit" rallies

Quote:
Campaigners state that the entire referendum was run poorly, with people not getting enough information on what to expect if the UK exits the bloc. They also say it was the older generation who voted for leaving the Union, while young people were "ill-informed and misled.”
Campaigners state that the entire referendum was run poorly, with people not getting enough information on what to expect if the UK exits the bloc. They also say it was the older generation who voted for leaving the Union, while young people were “too busy creating new emojis to inform themselves.”

Grapes of all kinda flavors.
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