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You think the "scaremongering" is "going on"? I don't think it has even fully started yet ... Reality will be a lot scarier.

• mrweasel 10y ago
  >Reality will be a lot scarier. Reality is boring most of the time. It will be fine in the end. The UK isn't going to sink into the sea or become the North Korea of Europe. The EU won't fall apart, it might need a little adjustment, and one or two additional countries will consider leaving, depending on the kind of deals that the UK can get. I don't expect anything fantastically interesting to happen. The rest of 2016 will be a little bumping as everyone adjusts and then that's it.
  • bayesian_horse 10y ago
    So the pound falling to the lowest point in decades is just unfounded panic? There is a whole lot of uncertainty going around, and the Leave campaign was full of optimistic assumptions about the EUs good will.
    • mrweasel 10y ago
      > So the pound falling to the lowest point in decades is just unfounded panic? At this point yes, no one has any real idea of the out come. Investors are just dumping pounds and British investments because they have no clue as to what is going to happen. But, just in case it's bad, money is moved to investments that is perceived to be safer. The UK isn't even out of the EU yet, and it won't be for years. I'm not saying it's not going to be bumpy, or that the British aren't going to become a little poorer. It's just not going to be the end of British economy. It won't devolve into a third world economy, and certainly not over night.