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It could prove to be a bad, really bad decision for the UK. It could probably be a great gift to those who despise the UK in the EU. The british overestimate th
by return0 10y ago
It could prove to be a bad, really bad decision for the UK. It could probably be a great gift to those who despise the UK in the EU. The british overestimate the power of their economy at this moment i believe.
- They had the unique privilege of a strong, international financial sector within the EU, while simultaneously having their own monetary policy. This attracted foreign capital, and this capital will feel less safe now.
- They profit massively from the import of EU workers, not just the low-paying ones. Lots and lots of academics were welcomed to the huge academic sector. These workers don't have familial ties to the UK, they can move to another european country easily.
- They profit from having hundreds of thousands EU students in UK universities. They used this arm to export their ideas and technology. This means their influence in the continent will be severely limited now.
The resignation of David Cameron is a testament to what a big failure this is. I am still of the opinion that the referendum was more of a way to blow off steam for various issues , and the EU is used as a scapegoat here. Unfortunately, whatever the motives, in democracies decisions are respected. On the other hand, this presents plenty of opportunity for european countries, which stand to benefit from an inevitable shift of commercial activity.
PS. What is funny is that british english will no longer be a EU language, even though it is the most widely used language in europe. I guess we 'll start using the maltese or irish accents more often .
- siliconviking 10y ago"Unfortunately, whatever the motives, in democracies decisions are respected." Do you actually lament the fact that democracies respect the choice of their peoples?
- return0 10y agoNo, i did not express any feelings towards that fact, and it's none of your business to quiz me about it anyway. Democratic decisions are not always optimal though.
- siliconviking 10y agoIt is my understanding that reacting to what other people write is one of the main points about a discussion forum, but we can agree to disagree here! I do agree with you that democratic decisions are not always optimal.
- return0 10y agoApologies for my knee-jerk reaction, on the other hand i don't think my personal convictions are of any relevance in this discussion.
- siliconviking 10y agoLol! Don't sell yourself too short here!