Brexit vote tonight.

Discussion in 'Politics' started by Rob_BW, Jun 23, 2016.

  1. Rob_BW

    Rob_BW
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    I'm seeing a slight lead for the UK exiting the EU.

    Seems like they should have more than 2.6% of the precincts reporting by now, though.
     
  2. Rolfe

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    Certainly looks close, though Nigel Farage does not seem too confident.
     
  3. Squire Robertsson

    Squire Robertsson
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    From the BBC Live Feed the results are:

    REMAIN: 494,603

    LEAVE: 497,630
     
  4. InTheLight

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    About 20% of the vote in now and slight lead, 50.7%, for Stay. Put me down in favor of Leaving.
     
    #4 InTheLight, Jun 23, 2016
    Last edited: Jun 23, 2016
  5. Squire Robertsson

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  6. Zaac

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    I'm just interested to see how world markets react if they leave.
     
  7. 777

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    There were compelling reasons to stay and to go but it looks like they may narrowly vote to leave the EU - Soros claimed the markets would crash if that were to happen, it won't but it will crater a bit before stabilizing.

    The north part of the UK wanted to stay, the eastern part wanted to go. Knew this vote would be close, guess if they leave it's a strike against big government and a vote for national sovereignty, so that's all good.
     
  8. rsr

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    Scotland will vote for independence if the UK leaves the EU.
     
    • Agree Agree x 1
  9. blessedwife318

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    It's official the UK has left the EU.

    Sent from my SM-G920V using Tapatalk
     
  10. Crabtownboy

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    Financial markets were plunged into major turmoil Friday after Britain’s stunning decision to leave the European Union, sending the British pound to its largest single-day loss and touching off sweeping stock sell-offs amid a suddenly reordered fiscal world.

    The domino-style panic — first Asian markets diving and then spreading to Europe and Wall Street — were widely seen as just the opening blast in what could be months or longer of upheaval as traders and investors access the fallout from Britain’s E.U. break.


    https://www.washingtonpost.com/worl...0cd642-397d-11e6-af02-1df55f0c77ff_story.html
     
  11. Rolfe

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    I bet Angela Merkel is having a bad day today and cannot wait until the weekend. *laugh*
     
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  12. Rob_BW

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    The UK is the world's 5th largest automobile market, Germany has to continue trading with them.
     
    • Agree Agree x 1
  13. Earth Wind and Fire

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    Ugg....I hate that woman. Have they given her a Muslim name yet?
     
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  14. Earth Wind and Fire

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    GOOD MAN!!!!
     
  15. Earth Wind and Fire

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    Do the Brits allow the Mussies vote?
     
  16. InTheLight

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    More like a couple of days, maybe only one day of upheaval in the markets. It is the weekend after all. Investors will have two days to cool off and realize nothing about trade between the nations is going to change with Britain pulling out of the EU.

    Looks like about an average of a 3% decline in most markets today. I wouldn't call that "major upheaval".
     
  17. Squire Robertsson

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    Click on the link below. It brings up a map of the results. The numbers were:

    Leave: 17,410,742

    Remain:
    16,141,241



     
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  18. Crabtownboy

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    Give it time. This is going to affect the economy of the entire world. So many international corporations have profited from a unified Europe. Now it is a new ball game. I believe that England will definitely descend into a recession. Our economy will be slowed. China will take a hit greater than we here in the US. This will play out over the next two to three years and the effects will last much longer.

    There are now tens of thousands of British expats that are left out of the protections of the EU. They are going to have some very difficult decisions to make. I'll give a real life example later in a new thread.

    Also it was the unified economy that help maintain peace among the European nations over the last 50 or so years.
     
  19. InTheLight

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    The UK is what, 4%, 5% of the world economy? The implementation of change will take over a year. Business will go on as normal.

    Why will our economy be affected? What imports or exports to/from England will be affected? If anything, the pound will be devalued against the dollar making British goods cheaper for us while our goods will fetch higher prices.
     
  20. Crabtownboy

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    If you really do not understand then there is no reason for me to try to explain. All I can say is wait and see. You will understand in a year or two.
     

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