I really guess it depends on the size/economical power of the country whether it's beneficial to be in the EU - from my perspective we got a pretty sweet deal - we pay a bunch of money, but in return a lot of agricultural projects get funded, infrastructure getting better and we have someone to supervise us which has dropped corruption rates a little bit. We also get bonus military protection in case Turkey goes nuts. What benefits do you guys get for being in it now?
It would of been the same whatever the outcome. Time to baton down the hatches and ride the storm. Personally I think the right decision has been made. Merkel was becoming a powered crazy bitch who was a danger for all of Europe.
Post by michaelangelo on Jun 24, 2016 18:15:53 GMT
The volatility of the pound would have been same during the voting and especially during the period after, but the effects in the coming months could have been avoided. It will all stabilize over time but the questions are when and how deep were the short term losses. Markets don't like uncertainty and the UK will now have a diplomatic nightmare of having to make new trade deals and the EU will surely try to make it drag out so that member nations don't get any similar ideas. Only time will tell if this was a good decision on the long run.
Not party revolt, just PLP revolt (parliamentary labour party). I think he'll step down but he looks too shell shocked to do it yet, like a punch drunk boxer who doesn't know he's fucked.
He's got overwhelming party support and technically he has a clear mandate to carry on. It's just the big boys (and girls) in the PLP (at Westminster) who are doing this - the wider electorate know he's not a leader and will never win an election. Like Corbyn, the kids who put him there in the position he's in don't know it yet either, but I think it's slowly dawning.