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Brexit tomorrow! Yes or no?

Discussion in 'Android Apps & Games' started by Rob, Jun 23, 2016.

  1. Rob

    Rob I'm tellin' mommy on you!
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    Do you think the UK will remain or exit and how will it affect the stock market?
     

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  2. James328

    James328 Administrator
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    I believe Britain should have stayed with the EU, because of the following:
    • Britain is one of the largest contributors to the EU, by leaving it would cause certain economic instability in Europe and to Britain itself (both in short-run and long-run)
    • By leaving the EU, Britain would still have to observe EU trade regulations (contribute to the budget and accept the free movement of people [Economist]) regardless, in order to maintain foreign direct investment and because half of its exports goes to Europe
    • Some advocates of leaving the EU say it would make trade easier with the rest of the world - but that is uncertain because EU has dozens of trade pacts that Britain would need to replace, and since it would be a smaller overall negotiating partner, they probably wouldn't have much leverage
    • At the end of the day, even if they can leave the EU they can't leave Europe; and to think that what happens in the region won't effect them as well is a fallacy. Britain should work with the German and French economies to help counterbalance each other so they can all share in the good times, and if the EU is falling they can work together
    Unfortunately they have voted against staying, and futures are already showing the Dow down -679.00 (-3.79%) http://money.cnn.com/data/premarket/.

    This will be one of the great economic experiments of our time.
     
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  3. mikedt

    mikedt 你好
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    Wouldn't this thread be more suited to P&CA than Android Applications. :)

    Although FWIW I'm British, I don't particularly care one way or the other.
     
  4. James328

    James328 Administrator
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    They're finally getting the ball rolling on the exit. I have a bet with my uncle that I get his BMW if Britain truly leaves the EU. We shall see
     
  5. Unforgiven

    Unforgiven OK Google
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    Enjoy your Beemer, my understanding is once Article 50 is declared, it is more or less a done deal, subject to a two year max of negotiations.
     
  6. LV426

    LV426 I say we take off and nuke this place from orbit
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    Correct. It's a leap into the dark. I really hope there's light at the end of the tunnel.
     
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  7. PiscesCloud

    PiscesCloud Android Enthusiast
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    And that it is not an approaching train!
     
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