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Re: Post-Brexit Thread
My main point is rather then another round of "us vs them" we should explain to younger voters why things are not as simple as they currently view them as I've done with my daughter and her partner. I agree some younger voters supported remain based on non political or even wider economic reasons but as a leave voter that is fed up of people attacking my vote I think it would be hypocritical to turn round and do the same to younger voters. It's only my personal position that works for me and everyone else will do what works for them but it's time for attacks between the different sides to stop and for everyone to contribute towards the future.
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As to our youngsters, well yes, we shouldn't berate them for their votes either whatever their reasons but they really need to be educated as to what has happened to the EU since we joined, something you seem to be doing very well. I'm sure if they search the net they'll find something along those lines. |
Re: Post-Brexit Thread
I think for many leave voters it was the experience of living through the direction change in the European project that did influence the vote far more then any of the campaign nonsense. That's also why the economic arguments didn't have the impact they were intended to have as people who were against the direction of the EU were not thinking in terms of economic consequences first although many would have considered them just not to the extent to change their vote. Plus most of us know that we were successful traders long before the EU and can be again though it will take time to reestablish ourselves as true global traders again.
That was another factor for me I felt we had become economically too EU centred at the detriment of potentially more lucrative global opportunities that we are well placed to exploit. I fully expect there to be negative economic consequences for a period up to five years but the gains that will come after that will make us more prosperous as a nation. |
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This comes at the expense of inflation so it's a balancing act. Quote:
Small drop in employment, small drop in tax revenues, government debt increasing somewhat to compensate as stabilisers kick in. Some tax rises, some spending cuts. Running QE to infinity isn't going to happen and I'm not sure what impact you think QE would have. Depending on the form it takes it's likely to further weaken Sterling and not necessarily feed into the productive economy. Last time much of it ended up in housing and stocks. The markets are steadier from the initial shock, nothing else. We've done the first drop on the rollercoaster, a couple of years to go yet. If your indifference to the single market is based around that you think the shock to the economy is over and the only way is up from here check out the research that's been and is being done. The BoE aren't doing Project Fear and aren't trying to trigger a recession. They are offering forward guidance and Project Reality. Their predictions agree with the consensus views and are middle of the road. If they are wrong, excellent. |
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If the separation amicable, swift and sensible deals that suit both sides, it may be avoided or very short lived. Unfortunately I can predict which of the two scenarios is most likely. |
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This is noteworthy in that regard. Quote:
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A bit of research: interest rates will probably go down to 0.25% this month, with potentially another cut to 0.1% or 0% next month.
With that perhaps 50 billion of QE. Those who will feel the pain from this the most are those nearing retirement and those who rely on interest income. So get tying yourselves in to those special saver rates if at all possible. |
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It's a pity that the EU cannot see that we have a wonderful opportunity here to reform the EU in a positive way for all countries and citizens in the EU.
Cameron's strategy of getting a better deal for just the UK makes us appear selfish and uncaring. It would have been better to have tapped into the common problems that the EU share and come up with a group solution. Instead Tusk gave us an unacceptable deal which Cameron could not sell to the UK public, with the EU left thinking that it was a fair deal. Voters in the UK voted differently because each of us has a different experience of the EU and therefore we made our decision for different reasons. As it turns out more of us appear to have more reasons to leave but it could easily have gone the other way if the missing 28% who did not vote had made their vote. I believe if the EU is willing to accept reform for all of us and is more flexible for all of us ( and by that I mean all EU countries and all citizens) we could create an EU that 100% would want to stay in. The EU does not need political union as we have national governments quite capable of making decisions and laws which have a common EU interest and we do not need a European army because we have NATO who have successfully protected us as best they can since 1945 and still do. If anything, we need better ways of discussing and resolving differences that do not require bullets and bombs. |
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