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Level 229 Comments: Mind Blower
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The people won.
not getting raped on the street with sandniggers yelling > shit economy
brits were great BEFORE joining EU.
what makes you think they suddenly fail to economically manage?
I'd like to point out we've not left yet, this will at most last until article 50 at the very latest
Because the nature of the terms is so certain and markets couldn't possibly hesitate to invest in the formerly united kingdom
The economy did not tank, you fuckwit, Britain is not the new greece, it just fluxiated a bit, its even improved according to some sources,
#17 'a bit'
' improved according to some sources'
The same sources who lied about saving £350 mil from leaving? hmmmmmmmmmmmmmmm
I was thinking several websites that watch currency;
For example, there's many more, don't know which ones are reliable though, but one thing's for sure, the UK is BY ALL MEANS, not doomed.
Am i missing something here? Literally all of those sites show the pound still way down.
We're not doomed. The country is stable enough to absorb the blow. The point is that it's a totally unnecessary blow we've dealt ourselves.
Really? You want to know that the EU does to countries within it? Trade Tariffs, slaps a unhealthy tax on goods going into EU countries forcing up prices on items to make up for the cost of getting them in, Quotas, which means only CERTAIN number of certain goods come in, creating a supply problem, making things MORE EXPENSIVE as a result, and three, complex regulations that are just a nightmare to uphold and means that most minor companies would rather drop the deal then see it through, which KILLS competition, which means, monopoly, which means, MORE expensive wears.
Innovation comes from competition, the Sony Vs Nintendo is a great example.
If you kill the competition, it kills innovation, if it innovation is gone, wares stop becoming better and cheaper.
Its not a hard concept to grasp, full video if you want to get educated, anon.
>links to brexit movie
Person who is not economist, but EU constitutional law specialist. He says that your trade deals are pretty much fucked leaving EU. He also says that open market is a good thing for both EU and its partners.
But I mean he probably knows less than you?
I see what you mean, but the biggest thing I noticed in this video is the "single market" agreement, which is "supposed" to aid companies, big and small in making sure they "know what the hell they are doing" more or less,
He might have a PH.D in Economy, but he's still talking down to people as if we're fucking morons, the main reason the UK split from the EU is because they want FREEDOM do so as they please, essential, creating job openings so the economy can flurish, not being told what they CAN and CAN't do, for fucks sake man, ENGLAND used to rule the god damn trade market before WW1, and ever since they signed up to the EU the economy has been slowly grinding down, becoming slower and slower, they are sick of it, and decided "well, fuck it, we're going to leave, what's the worst that can happen?"
The idea of this post was taken from some other funnyjunker God bless him
As these factors coalesced during the 1960s, the slogan used by Prime Minister Harold Macmillan "(most of) our people have never had it so good" seemed increasingly hollow. The Conservative Government presided over a ‘stop-go’ economy as it tried to prevent inflation spiralling out of control without snuffing out economic growth. Growth continued to struggle, at about only half the rate of that of Germany or France at the same time. However, industry had remained strong in nearly 20 years following the end of the war, and extensive housebuilding and construction of new commercial developments and public buildings also helped unemployment stay low throughout this time.
The Labour Party under Harold Wilson from 1964–1970 was unable to provide a solution either, and eventually was forced to devalue the Pound again in 1967. Economist Nicholas Crafts attributes Britain's relatively low growth in this period to a combination of a lack of competition in some sectors of the economy, especially in the nationalised industries; poor industrial relations and insufficient vocational training. He writes that this was a period of government failure caused by poor understanding of economic theory, short-termism and a failure to confront interest groups.
To be fair you were still in shitty condition after that EEC deal, but your big economic growth during Tatcher era was some part related to you being in Single European Act, wich (my oh my) allowed for the free movement of goods within the European Union area
source - wiki
You ware in pretty shitty state before you joined EU.
Now the reason why this type of market is OK is not because you can't make specific products for specific markets, even though it costs more, but it also helps to maintain those regulations pretty much stable. For example 2 countries have same regulations that are related with the product you produce, but now one of those countries adds another regulation and you can't export your product anymore unless you make another production line that costs you money and/or jobs for people.
Of course you chose to ignore the part with laws and the part with possibility of having no trade deals with rest of the world for substantial amount of time, but yeah...
Lets repeat what this PHD above said about your situation: You won't get more money to spend, you will probably stay in single market and you will have to pay for that with no influence to it, you will have worse trade deals with the rest of the world, and it wont stop immigration and so on so on. Now you get it why a lot of investors are shitting their pants and your markets go down? They understand those consequnces and try to get their money out of your country for better plavces to invest - Germany, France and other big EU countries.
But then again investors are unimportant for growth of economy.
Implying I'm British, I'm a Icelander, and i only know the basics of economics, you know, supply, demand, trade-tax, ect, ect, but from what most of I have heard, the UK was suffering because of EU laws and guidance, I'm glad that they got their freedom, much like how Iceland ourself never bound ourselves to the EU shackles which would probably have lead our country to ruin after the three major banks screwed up with all that money.
Congratulations on winning against England.
Everything has its price and UK paid its price for being in EU but summa summarum they get more benefits from EU that they lose because of it. The fact is the poorly educated/eldery part of UK made a terrible decision to ignore what people with PHD's said.
Really? Because the people with a PH.D only spoke up AFTER the brexit vote, no doubt the EU paid them to shut up, which makes me suspect that the EU wanted Britain to leave, then told all the people they bribed to shut up, to speak wisdom, and make the UK fearful, and RE-JOIN the EU, as of why there's a online petition to have people for a second referendum, with some heavy handed negotiations as a punishment, even so, it seems the only people who seem to be complaining are high-sitting politicians and statesmen.
Are you stupid? All respectable economic organisations were alarimng that in Brexit scenario UK economy is going into recession.
News to me, does not seem like much to worry about though, if people loose faith in Britain its their fault own fault, "Oh no, Britain left the EU, better stop trading with em!"
Perhaps you should stop trying to educate and insult ME and actually inform the people who actually HAVE something to do with the "possible" recession.
Any Brexit deal is going to be fighting tooth and nail to keep access to the single market. Literally nobody thought that the single market is a problem, it's demonstrably not and we WILL be fucked if instead of access to it we have to deal with extra import and export duties.
The single market 'issue' was the freedom of movement that is part of that deal and the tariffs involved. The problem with leaving is that we won't have access to it without still agreeing the freedom of movement and without paying the same kind of fees that Norway pays to be part of it (which will be around the same as we are already paying in.)
"extra importand and export duties?" You mean the ones the UK already had shoved down their throats thanks to the greedy corporate shills of the EU? What do you think pays their extravagant wages?
Do you even know what the EU single market is?
Because it really seems like you don't.
Basically; its the market within EU, you know, trade with all countries within the EU, with all the regulations and shite associated with it.
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