BRITAIN EXITS EU

dragondick

http://www.cnn.com/2016/06/23/eu ... ive-blog/index.html

By a narrow margin, the "leaves" won, and the "stays" lost.

The sticking point was immigration.  Influx of immigrants diluted the country's welfare and toke away some employment opportunities, so more young people voted in favour of an exit, enabling Britain to regain control over its affairs.

PM David Cameron immediately resigned.  A right move since he promoted "stay", the result of the referendum was a slap on his face.

Britain has to submit a "formal resignation" from EU, then negotiate various new relations as a non-member. All these will take months!

US will have less support in voicing its opinion on European affairs as Britain, a strong US ally, will not be a member anymore.

This could well be the beginning of the end of EU!

Putin is smiling all the way to the bank!

foonty

now who will exit next?
frexit?!

dragondick

Greece will be kicked out!

JJs will exit from Greek Islands!    

cewek

And go to Russia lol

再睡一夏

可以的 = =

谢谢分享

awong287

I think this is basically going to lead to disaster on a worldwide scale

dragondick

awong287 发表于 2016-6-26 18:51
I think this is basically going to lead to disaster on a worldwide scale

Not necessarily.

1.  UK has never fully assimilated into the EU, therefore UK maintains the Pound Sterling as its currency while EU members use the Euro Dollar.

2.  EU is an economic alliance, should never trespass into political and social matters which they did and therefore the UK voters voted "leave" to take back this power.

3.  The "divorce" will hurt both parties economically because products will have to pay for duties + delays when entering each others territories.

4a.  Scotland, Wales, and N. Ireland which are part of UK and voted to stay might ask for independence so that they could apply to join EU.  This will be a disaster for UK!!

4b.  By the same token, current EU members who want their sovereign powers back, might take the same route as UK.

5.  UK will definitely see a lot of international corporate HQs moving to Europe while maintaining a smaller  operation in UK.

Anyway, UK has yet to submit a formal resignation before the "divorce" can take effect.

foonty

the referendum is not legally binding so it could end up not happening at all lol

even if it does, it'll be at least two and a half years until it's finalized

dragondick

foonty 发表于 2016-6-27 09:59
the referendum is not legally binding so it could end up not happening at all lol

even if it does,  ...

UK must submit its resignation to make it formal!

Once formalized, EU will definitely push for an accelerated termination, 2-1/2 yrs is only a guideline.  Just like a divorce, you can end it quickly in Las Vegas, you can also drag it on for a long time for gossip columns to write about.

foonty

dragondick 发表于 2016-6-27 14:31
UK must submit its resignation to make it formal!

Once formalized, EU will definitely push for an ...

they need to have a prime minister to do that, which won't happen until the fall. a lot can happen between now and then. voters are already showing remorse it seems