3 ms·

Hey, I added my second paragraph after you responded. I was rate-limited by HackerNews, so I couldn't reply to you directly. I usually explicitly call it out wh

Hey, I added my second paragraph after you responded. I was rate-limited by HackerNews, so I couldn't reply to you directly. I usually explicitly call it out when I'm doing that, but I forgot to this time. This makes your post look quite daft, which is not fair. Sorry about that.

SideburnsOfDoom 10y ago
But I don't think that my post looks that daft, actually. There is still political turmoil which might be calming now, and the "The FTSE100 and FTSE250 are doing fine" is true because of the depreciating GBP. Ordinary people are going to see price rises and further uncertainty. Would you honestly say that the UK is in better shape than a month ago?
- marcoperaza 10y ago
  (my point is that my edit made it look like you didn't read my comment, based on phrasing, not because of how effective I think my argument was) We'll see what comes of this, but as I said, I think Britain's fundamentals are very strong right now. There's no doubt that Brexit created uncertainty in areas where there was none before; markets hate uncertainty. Britain's trade relations were certainties within the EU, but so were uncontrolled migration and over-regulation. Now, on those and many more issues, the Brits themselves will decide and negotiate. No one is quite sure what they will do, especially after the next election. But if Britain makes the right choices, and at least for now I think they have leadership that's inclined to make those right choices, I believe that they will do better than they could have within the EU.
  - NetStrikeForce 10y ago
    You went from phenomenally well to "we'll see" in two comments. Just like the Brexit campaign. Good job.
    - marcoperaza 10y ago
      I stand by every single comment in this thread. The UK is doing well and I think they will continue to do so, fluctuations in the exchange rate and stock market notwithstanding. I'd stand by that even if they entered a small recession.
      - SideburnsOfDoom 10y ago
        > The UK is doing well and I think they will continue to do so The likely dissolution of the political entity currently known as the UK, more formally the "United Kingdom of Great Britain and Northern Ireland" would preclude it "doing well", not so?
        marcoperaza 10y ago
        I don't think there's gonna be another referendum soon. The EU referendum was already on the table during the Scottish referendum. The people of Scotland knew the risk. Everyone was loudly saying that these were once-in-a-generation votes. Now of course, if support for Scottish independence consistently polls at over 60% for years, that's a different story. But I think that pro-independence forces are likely to weaken as Brexit proves to have been a good move. Or not, in which case England loses 5 million people (England is 53 million btw) and some oil. On the plus side, they'd shake off a chunk of the electorate that seems to be set on economic suicide by socialism.
        SideburnsOfDoom 10y ago
        > I don't think there's gonna be another referendum soon. > The EU referendum was already on the table during the Scottish referendum. The people of Scotland knew the risk. Incorrect, it was sold as the other way around: Scotland must stay in the UK or it might be out of the EU. You are detached from reality. A second Scottish referendum is likely. 1) https://next.ft.com/content/1219f41c-4456-11e6-9b66-0712b3873ae1 https://next.ft.com/content/1219f41c-4456-11e6-9b66-0712b387...
  - SideburnsOfDoom 10y ago
    Yeah, the prospects are so bright that every single competent Brexit leader ran for cover rather than take ownership of the victory. Pfhht.

SideburnsOfDoom 10y ago

But I don't think that my post looks that daft, actually. There is still political turmoil which might be calming now, and the "The FTSE100 and FTSE250 are doing fine" is true because of the depreciating GBP. Ordinary people are going to see price rises and further uncertainty. Would you honestly say that the UK is in better shape than a month ago?

marcoperaza 10y ago
(my point is that my edit made it look like you didn't read my comment, based on phrasing, not because of how effective I think my argument was) We'll see what comes of this, but as I said, I think Britain's fundamentals are very strong right now. There's no doubt that Brexit created uncertainty in areas where there was none before; markets hate uncertainty. Britain's trade relations were certainties within the EU, but so were uncontrolled migration and over-regulation. Now, on those and many more issues, the Brits themselves will decide and negotiate. No one is quite sure what they will do, especially after the next election. But if Britain makes the right choices, and at least for now I think they have leadership that's inclined to make those right choices, I believe that they will do better than they could have within the EU.
- NetStrikeForce 10y ago
  You went from phenomenally well to "we'll see" in two comments. Just like the Brexit campaign. Good job.
  - marcoperaza 10y ago
    I stand by every single comment in this thread. The UK is doing well and I think they will continue to do so, fluctuations in the exchange rate and stock market notwithstanding. I'd stand by that even if they entered a small recession.
    - SideburnsOfDoom 10y ago
      > The UK is doing well and I think they will continue to do so The likely dissolution of the political entity currently known as the UK, more formally the "United Kingdom of Great Britain and Northern Ireland" would preclude it "doing well", not so?
      - marcoperaza 10y ago
        I don't think there's gonna be another referendum soon. The EU referendum was already on the table during the Scottish referendum. The people of Scotland knew the risk. Everyone was loudly saying that these were once-in-a-generation votes. Now of course, if support for Scottish independence consistently polls at over 60% for years, that's a different story. But I think that pro-independence forces are likely to weaken as Brexit proves to have been a good move. Or not, in which case England loses 5 million people (England is 53 million btw) and some oil. On the plus side, they'd shake off a chunk of the electorate that seems to be set on economic suicide by socialism.
        SideburnsOfDoom 10y ago
        > I don't think there's gonna be another referendum soon. > The EU referendum was already on the table during the Scottish referendum. The people of Scotland knew the risk. Incorrect, it was sold as the other way around: Scotland must stay in the UK or it might be out of the EU. You are detached from reality. A second Scottish referendum is likely. 1) https://next.ft.com/content/1219f41c-4456-11e6-9b66-0712b3873ae1 https://next.ft.com/content/1219f41c-4456-11e6-9b66-0712b387...
- SideburnsOfDoom 10y ago
  Yeah, the prospects are so bright that every single competent Brexit leader ran for cover rather than take ownership of the victory. Pfhht.