4 ms·

Can someone please give an unbiased summary of what this means and how it will impact the UK, Europe, and the rest of the world?

by a13n 10y ago

BoysenberryPi 10y ago
Despite what most people are claiming on social media and even here, the fact is no one actually knows what is going to happen. Even Nigel Farage, the leader behind the "Brexit" movement, has said he has "absolutely no idea what will happen..." http://www.irishexaminer.com/breakingnews/world/nigel-farage-has-absolutely-no-idea-what-will-happen-if-uk-votes-for-brexit-739925.html http://www.irishexaminer.com/breakingnews/world/nigel-farage...
- panic 10y ago
  Why did they have a vote if they hadn't planned for what would happen afterward? It's completely absurd.
  - nkassis 10y ago
    It is, it usually seems to be with referendums like this. I remember a similar situation with the Quebec referendum of 95. A lot of unresolved questions, vague ideas on how to essentially keep certain things the same and change others but no concrete plan. Brexit is obviously way worse given the global impact. It will take at least decades to fully resolve.
  - cobrophy 10y ago
    Because the consequences can only be determined by a long and drawn out negotiation process. Like getting a divorce and then work out custody and share of assets after.
  - rodgerd 10y ago
    Because it was a tactical concession to solve an internal party political problem David Cameron had. Oh well, at least he won't be best remembered for face-fucking a pig.
martythemaniak 10y ago
There's no such thing and nobody knows. The UK may break up or not. This could be very bad for the EU or they could just shrug. Stay tuned.
T-A 10y ago
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/504216/The_process_for_withdrawing_from_the_EU_print_ready.pdf https://www.gov.uk/government/uploads/system/uploads/attachm...
jlg23 10y ago
No, only time will tell. There was way too much biased reporting/prognoses upfront. I personally think it will sort itself out just fine - even IFF (and that is a very big IF) the UK parliament follows the non-binding vote...
muse900 10y ago
Noone knows really, it all comes down on how the EU is going to handle the Brexit itself. If EU shows stability after Brexit the international markets are going to be dropping but not as much, and the UK market is going to have issues. On the other hand if other members of the EU decide to go UK's way then the international markets are going to have big issues. But its all speculation for now, and when the priminister of the UK triggers article 50 the UK is going to enter nagotiations for 2 years. That is going to bring the markets up and down everytime a part of a deal is not successful or succesful, so ye noone can actual say what the implications will be. There will definitely be some short crisis in the UK and EU.
viraptor 10y ago
It may not impact anyone actually. It's just a referendum and not a binding decision. I wouldn't expect a ~50% vote to actually force a change.
- chrisdew 10y ago
  As a Brit, I hope it forces some EU changes and a new referendum. Largely because Scotland will leave the UK if the UK leaves the EU.
topspin 10y ago
What does it mean? The Powers That Be have prognosticated every manner of doom should Brexit succeed. Despite that fear mongering, the threats and demands of all major political parties, many corporations and foreign leaders, the brave people of the UK have asserted their sovereignty. Over 72% of the entire electorate voted and produced a clear majority. That is monumental. What happens next? Next is the shaming; the usual suspects will condemn the UK as an island full of racists. The political class will start trying to figure out how to achieve "Brexit-in-name-only." The BBC will come up with a story template they'll reuse annually telling how -- if they had it to do again -- a majority would vote stay. What happens next is the elites will figure out how to work around their subjects and nullify undesirable electoral outcomes, as they always do.
- bordercases 10y ago
  Reminds me of Penn & Teller's "biased as fuck, but fair" approach to skepticism.
- zghst 10y ago
  Unfortunately =/
jjgreen 10y ago
Scottish independence in 2 years, a 10 year recession for what's left of the UK, a 3rd ground war in Europe within 20 years.

Can someone please give an unbiased summary of what this means and how it will impact the UK, Europe, and the rest of the world?

by a13n 10y ago

Can someone please give an unbiased summary of what this means and how it will impact the UK, Europe, and the rest of the world?

BoysenberryPi 10y ago

Despite what most people are claiming on social media and even here, the fact is no one actually knows what is going to happen. Even Nigel Farage, the leader behind the "Brexit" movement, has said he has "absolutely no idea what will happen..." http://www.irishexaminer.com/breakingnews/world/nigel-farage-has-absolutely-no-idea-what-will-happen-if-uk-votes-for-brexit-739925.html http://www.irishexaminer.com/breakingnews/world/nigel-farage...

panic 10y ago
Why did they have a vote if they hadn't planned for what would happen afterward? It's completely absurd.
- nkassis 10y ago
  It is, it usually seems to be with referendums like this. I remember a similar situation with the Quebec referendum of 95. A lot of unresolved questions, vague ideas on how to essentially keep certain things the same and change others but no concrete plan. Brexit is obviously way worse given the global impact. It will take at least decades to fully resolve.
- cobrophy 10y ago
  Because the consequences can only be determined by a long and drawn out negotiation process. Like getting a divorce and then work out custody and share of assets after.
- rodgerd 10y ago
  Because it was a tactical concession to solve an internal party political problem David Cameron had. Oh well, at least he won't be best remembered for face-fucking a pig.

martythemaniak 10y ago

There's no such thing and nobody knows. The UK may break up or not. This could be very bad for the EU or they could just shrug. Stay tuned.

T-A 10y ago

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/504216/The_process_for_withdrawing_from_the_EU_print_ready.pdf https://www.gov.uk/government/uploads/system/uploads/attachm...

jlg23 10y ago

No, only time will tell. There was way too much biased reporting/prognoses upfront. I personally think it will sort itself out just fine - even IFF (and that is a very big IF) the UK parliament follows the non-binding vote...

muse900 10y ago

Noone knows really, it all comes down on how the EU is going to handle the Brexit itself. If EU shows stability after Brexit the international markets are going to be dropping but not as much, and the UK market is going to have issues. On the other hand if other members of the EU decide to go UK's way then the international markets are going to have big issues. But its all speculation for now, and when the priminister of the UK triggers article 50 the UK is going to enter nagotiations for 2 years. That is going to bring the markets up and down everytime a part of a deal is not successful or succesful, so ye noone can actual say what the implications will be. There will definitely be some short crisis in the UK and EU.

viraptor 10y ago

It may not impact anyone actually. It's just a referendum and not a binding decision. I wouldn't expect a ~50% vote to actually force a change.

chrisdew 10y ago
As a Brit, I hope it forces some EU changes and a new referendum. Largely because Scotland will leave the UK if the UK leaves the EU.

topspin 10y ago

What does it mean? The Powers That Be have prognosticated every manner of doom should Brexit succeed. Despite that fear mongering, the threats and demands of all major political parties, many corporations and foreign leaders, the brave people of the UK have asserted their sovereignty. Over 72% of the entire electorate voted and produced a clear majority. That is monumental. What happens next? Next is the shaming; the usual suspects will condemn the UK as an island full of racists. The political class will start trying to figure out how to achieve "Brexit-in-name-only." The BBC will come up with a story template they'll reuse annually telling how -- if they had it to do again -- a majority would vote stay. What happens next is the elites will figure out how to work around their subjects and nullify undesirable electoral outcomes, as they always do.

bordercases 10y ago
Reminds me of Penn & Teller's "biased as fuck, but fair" approach to skepticism.
zghst 10y ago
Unfortunately =/

jjgreen 10y ago

Scottish independence in 2 years, a 10 year recession for what's left of the UK, a 3rd ground war in Europe within 20 years.