EU Referendum - how did you vote ?

SMC1809 · All-time great

RE: EU Referendum - how did you vote ?

paulisi · Tennis legend

The one thing this will do is invigorate and shake up politics in this country

I suspect the EU could break up quite quickly(Holland, Denmark, Sweden all calling for referendums), but I've no doubt the EU will try and make it much tougher to leave. A lot will depend on the deal we get.

vohor · Grand Slam Champion

philwrig wrote:
I voted to leave for lots of POSITIVE reasons, it was a tough decision, and one I didn't come to lightly.

But here's a few positive reasons to vote to leave :

1. Originally when we joined the EU it was supposed to be an economic union, now it clearly is much more of a political union 'United states of Europe'
2. Back in the 90's I loved my pounds and ounces, but Europe forced us into Kg and g's, so basically we as a country should be allowed to put through 100% of all the laws.
3. Free movement of peeps around Europe was a great idea, but when poorer countries were allowed to join the EU, it meant we had a disproportionate amount of people coming here from poorer countries, something which I don't think our public services can handle.
4. Wanting to be in control of immigration, I can't see as being racist, it's just being practical.
5. Brussels is a disaster zone in terms of bureaucracy, the economies in Europe other than Germany are performing in general very poorly.
6. We also make a net contribution to help out the poorer countries.

I am still European, and British but I chose to not be part of what I consider to a very poorly run EU.

Anyway assuming we can get some quality trade agreements in place, I think GB will be stronger in the long run.

Well said smile

The way the EU has made it insanely difficult for this country to recruit talent from around the rest to the world (including the Commonwealth countries) and has condemned countries like Spain and Greece to grotesque levels of youth unemployment makes a mockery of those who say Xenophobia and Ruining the Lives of the Younger Generation is the outcome of this referendum result. We can now look forward to getting in talent more easily from and trading more effectively with the 80% of the world which are not EU countries (whilst also recruiting from and trading with the EU countries, of course, albeit on slightly less favourable terms to now).

The EU has been the slowest economy globally for a while now; the way the EU operates is a drag anchor on the competitiveness of the countries within it. The EU elite had no interest in reform. Any reform that may now occur will be because of this kick in the pants the British electorate has delivered to wake them from their complacency. I'm not holding my breath on that though.

PS: To anyone genuinely looking for the reason for the referendum result rather than the easy answer of Blame the Tories, Labour's disconnect with its traditional voters has driven them into the arms of UKIP; the north east and north west of England has been a largely Tory free zone for 25 years; and that is where the outcome swung. Labour needs to look at itself and wake up.

-- Edited by vohor on Sunday 26th of June 2016 10:51:47 AM

Jaggy1876 · Grand Slam Champion

Shhh wrot

Jaggy, I ask you as politely as I can why you think that comment is acceptable?

-- Edited by Shhh on Saturday 25th of June 2016 07:49:03 PM

I ll correct it vast majority is wrong I was still in shock when I made that comment but look at all the clips of leave voters saying we've got our country back, British jobs for British people etc it's frankly disgusting. And if it's a minority of 1/10 that's been enough to win it for leave. And this is the demograph we are seeing. I must have watched 30-40 clips and they are all the same, people on the streets. Then if course there a lot of people saying oops I didn't know that this is what it meant. We are a laughing stock just now.

-- Edited by Jaggy1876 on Sunday 26th of June 2016 02:05:12 PM

Shhh · Challenger level

Thank you Jaggy. I also think how and what the media portrays has a tremendous effect on all manner of things.

indiana · Tennis legend

Evidently the word now for these now saying they wished that they had voted differently on Thursday and even campaigned to Leave ( step forward, Kelvin MacKenzie ) is regrexits.

Bit late

-- Edited by indiana on Monday 27th of June 2016 07:37:31 PM

vohor · Grand Slam Champion

When we got kicked out of the ERM the immediate reaction was equally hysterical; but in the longer term it was the best thing that could have happened for the country. I believe this time around the longer term outcome will prove likewise.

Etienne · Club Coach

I think the 'hysteria' when we chose to leave the ERM was more to do with us losing £3.3 billion on the day, rather than exiting the ERM itself, as most people agreed the government had entered at the wrong rate.

It may be that the economy will benefit in the long term (it's obviously hard to say, as no-one in Leave seems to have any idea of what sort of economic arrangement they want) but the social costs of so many people's jobs and lives being uprooted is incalculable and almost impossible to see how that can be remedied.

SMC1809 · All-time great

indiana wrote:
Evidently the word now for these now saying they wished that they had voted differently on Thursday and even campaigned to Leave ( step forward, Kelvin MacKenzie ) is regrexits.

Bit late

-- Edited by indiana on Monday 27th of June 2016 07:37:31 PM

In a recent Survation poll, 7.1% of Leave voters surveyed regretted their decision and would vote differently if there was a second referendum. However, 4.4% of those of voted to remain also regretted their decision and would vote differently. The net result is...Leave still.

vohor · Grand Slam Champion

Etienne wrote:
I think the 'hysteria' when we chose to leave the ERM was more to do with us losing £3.3 billion on the day, rather than exiting the ERM itself, as most people agreed the government had entered at the wrong rate.

It may be that the economy will benefit in the long term (it's obviously hard to say, as no-one in Leave seems to have any idea of what sort of economic arrangement they want) but the social costs of so many people's jobs and lives being uprooted is incalculable and almost impossible to see how that can be remedied.

"Chose" to leave the ERM in the sense of Hobson's Choice! The "experts" were giving almost unanimous advice which events proved to be completely and utterly wrong; real life so often fails to match the theoretical model but the "experts" still trot out their opinions as fact.

The stock market and the pound both had a good day yesterday; working day 3 into "armageddon"; whether that was just a pause or the situation having bottomed out remains to be seen. I am confident that whatever economic arrangement does emerge will be better for the whole country in the longer term than staying in a completely unreformed and shamelessly self-aggrandising EU. I am hopeful that the scale of the social costs you fear will prove to have been very much overstated by the Remain camp.

vohor · Grand Slam Champion

Working day 4 into Armageddon and hey presto FTSE100 has recovered all losses from days 1 and 2 plus 0.5%

AliBlahBlah · All-time great

Well, the impact doesn't really become quantified either way for at least 2 FQ, as the effects of ratings downgrades affect borrowing and inflation etc. amongst multitudinous other details.
If you want a massively crude one week markets based yardstick though, the FTSE250 is a much better indicator (for various reasons mostly to do with the types of companies on each exchange, and their inherent ability to mitigate any impact); it is still down 9.2%.

We shall see.
I do have trouble understanding though why we have a hiatus of about 10 weeks without any leadership. One would hope that contingency plans over something so momentous were in place, and that the Conservative leadership election could have been ready to go on a massively expedited time-frame to provide stability and direction at this crucial juncture.
But it seems neither side planned for anything like that (or, arguably, at all). So our leaders just fiddle whilst Rome is surrounded by bone dry kindling, and a lightning storm rushes towards us. disbelief

Coup Droit · Tennis legend

As AliB says, the FTSE 100 might be useful as a gauge for people's pensions if they're in blue-chip or conservative index-tracking investments. With so many basically international companies who just happen to be listed here. And is doing fine.
But it's the FTSE 250 that gives an indication of the health of corporate Britain (or the expectation of it). And it's pretty dire.
Not to mention that the economy is now about £200 billion poorer just from the fall in the currency. Plus the £250 billion ear-marked (and partly spent) by the B of E to support it.
I know it's long-term that counts, and it may well all come out well, but £450 billion would have gone a long way to paying for a lot of things ......

philwrig · Hall of fame

The FTSE 250 is down by my calculations by 7%, which is of course significant. There's some big losers ( Retail, Banks, Insurance, Property, Housebuilding, Travel ) But companies that benefit from the drop in the pound have made significant gains. Currencies move up and down all the time, so I don't think that's a fair way to value the worth of the British economy, I'd prefer to use the annual GDP figure.

vohor · Grand Slam Champion

Bear in mind, too, that because the "experts" (yes, them again) had all been assuming Remain would win the markets had actually risen in the immediate run-up to the referendum; which exacerbated the after-effects. Yes, 4 working days is a short time frame; but so far Armageddon it ain't; and the men and women of the broadcasting news channels (who appear to be almost exclusively Remainers) seem royally cheesed off as it doesn't fit their narrative.