UK Looks to be leaving the EU

[OVERKILL]

http://www.cnn.com/2016/06/23/europe/eu-...linkId=25867292

With 377 of 382 reporting, the leave side has 51.8% of the vote.

How does this bode for the future of the EU? There were grumblings about Germany pulling out last year, and before that with the Greece situation. I think those talks will be starting again after this, IMHO.

 

[Lyman]

Going to be a rocky road for quite a while I'm sure.

 

[SZR48207]

What does the EU do that cannot be handled by each individual nation?

(Besides not needing a passport to travel around)

 

[OVERKILL]

Originally Posted By: Reddy45
What does the EU do that cannot be handled by each individual nation?

(Besides not needing a passport to travel around)


Prop up Greece? LOL! Sorry, I've got nothing

 

[Jetronic]

what does the US do that can't be done by each individual state?

 

[sir1900]

Congratulations to the people of the UK.

If you do not have control over your borders, you have no country. If I had a vote, I would vote to exit the EU.

The initial hit the markets are taking is not unexpected, but will eventually rebound.

 

[HTSS_TR]

Originally Posted By: Reddy45
What does the EU do that cannot be handled by each individual nation?

(Besides not needing a passport to travel around)

The only area I think is economy. EU has 1 currency(except Brittan) and trading between member states are duty free(or uniform duty ?). And travel is more freely between countries.

 

[bvance554]

It was an idea just waiting to fail before it ever started.

 

[Panzerman]

Well that little experiment went Kaput.

 

[Revving2Redline]

Next Brexit will be Quebec or Texas aka Texaco. Already got the wall built,just a matter of time till its PQ. Kinda seeing Germany/Austria go that way too.

 

[CharlieBauer]

The British PM has resigned.

 

[Oro_O]

Thank god. He nailed his life to this stupid position; at least he was man enough to follow through. Good riddance.

 

[finmile]

Originally Posted By: Marco620
Next Brexit will be Quebec or Texas aka Texaco. Already got the wall built,just a matter of time till its PQ. Kinda seeing Germany/Austria go that way too.


Actually Germany is the only country that seems to like EU and Euro currency at the moment. Their economy is booming because Euro is weaker than Deutsche Mark would be, and now they have the whole EU as an internal market.

My guess is that France could be the next country that starts to negotiate some special rights to itself. But anything can happen from now on, as UK showed us that the mantra "it's impossible to leave EU" is now broken.

 

[earlyre]

 

[ZeeOSix]

Reports coming in predict the US stock market is going to have a big negative reaction over this.

 

[Shannow]

Yeah, being able to move big money transparently is pretty important to some...and the sheeple who can't follow anyway.

 

[Brad_C]

Originally Posted By: Jetronic
what does the US do that can't be done by each individual state?


At least the US votes for its overlord. Can't say that about the people of the UK for the leaders of the EU.

 

[PierreR]

Originally Posted By: HTSS_TR
Originally Posted By: Reddy45
What does the EU do that cannot be handled by each individual nation?

(Besides not needing a passport to travel around)

The only area I think is economy. EU has 1 currency(except Brittan) and trading between member states are duty free(or uniform duty ?). And travel is more freely between countries.

Sweden and Denmark still have their own currency.
But i think it just those 3 (Now 2) that dont have euro.

Travel was more freelyun untill last fall when it was being missused by non eu citizens and now everyone have to show ID or passport to get in to another EU country.
Between Sweden and Denmark we never had to show anything to pass eachothers borders.
The Danish tollofficers could ask something and we would answer in Swedish and then we were ok to go in to Denmark, Now its ID or passport and if you cant show anything you are told to turn back...
Same if they want to go here.

 

[Warstud]

Dow Futures Down 500 Points. Japanese Market down 8%.. Ouch

 

[Garak]

If I had a dollar each time investors panicked about a non-event, I'd be able to afford Bill Gates as my butler.