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Effect of Brexit

Discussion in 'Watford' started by Davylad, Mar 26, 2016.

  1. superhorns

    superhorns Well-Known Member

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    There are many reasons for me voting remain if I thought just about finance. The business I partly own buys millions of USD per year so the decline in sterling is not helpful. My main reason for voting leave is the UK parliament should be sovereign. You obvious don't know me at all.
     
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  2. Bolton's Boots

    Bolton's Boots Well-Known Member

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    Perhaps you'd like to explain that further?
     
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  3. colognehornet

    colognehornet Well-Known Member

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    Inside of the EU. we have greater leverage through pooled sovereignty - outside of it we are caste adrift into a globalized World, in which we would need them more than they need us, not much sovereignty would be left then.
     
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  4. DMD

    DMD Eh? Forum Moderator

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    What will it use for money? It can't adopt the Euro until it can demonstrate it meets the requirements, part of which is to pay their share of the UK debt. It can't carry on being propped up by the rest of the UK and the Bank of England to fund its budget deficit.
    That leaves them needing their own currency, probably pegged to the pound and propped up by the central Bank of Scotland, which will add to their deficit.
     
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  5. DMD

    DMD Eh? Forum Moderator

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    They're propped up now by UK and the Bank of England funding their budget deficit. Add the cost of paying back their share of the national debt and they're struggling badly from the get go.

    It's why the call for independence are a misnomer, they don't want independence, they're just changing loan companies. The EU record of helping countries like they'll be is hardly a good one.
     
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  6. superhorns

    superhorns Well-Known Member

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    I'm very happy to take our chances. I am confident with a pro business government we can still attract investment and support SME's which are now the backbone of our economy. You may be surprised how quickly businesses can adapt to differing conditions. Our flexibility and hopefully the prospect of much less red tape can make the UK very competitive.
     
    #926

  7. Leo

    Leo Well-Known Member

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    We have to remember that Britain has a long history of "fair play" I cannot see the majority of MPs in the current Parliament voting against the result of the referendum. That means though the Tories must retain their support for no other party advocated a referendum and do not "own" it in that sense.
    There is no sense that a poorly designed and implemented referendum that saw only 17.4million people out of a total electorate of 46.5 million vote to change our history could be called decisive and any party that did not advocate the referendum is fairly able to refuse to implement it's results.
    If there is a general election before Article 50 is submitted it will depend on the outcome whether the new Parliament activates it.
    Many "remain" Tory voters would switch - even to Corbyn's Labour - to prevent us leaving. You can vote Labour out but you cannot vote the UK back in.
     
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  8. Leo

    Leo Well-Known Member

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    What were the issues on which people chose to vote do you think?
    I can think of
    1 The economy
    2 Immigration
    3 Sovereignty
    4 The Legal System
    5 EU red tape
    - were there any other significant factors?
     
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  9. oldfrenchhorn

    oldfrenchhorn Well-Known Member Forum Moderator

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    This appeared in Le Monde this weekend.

    In France, many Britons who revive villages emptied of their original population, who voted in our municipal elections and sometimes are elected in our municipal councils, animate our local life. To all those who have an attachment to France, we can and must say "welcome." Welcome immediately, if you wish, in French citizenship.

    The French Parliament may decide, from this July than any Briton living in France or married to a French national for a year can become French by naturalization or declaration (for spouses). This special device - but not exceptional in our history - would remain in force until the potential and actual output of the United Kingdom of the European Union.

    Yes there is a clear way forward by more than one route for me, but what about the EU nationals working in the UK? 110,000 are working in the public sector in London alone, There is no similar sentiment about them and their status. When questioned today it was clear that the government hasn't a clue where it is going on this issue. Time for the UK to get and work out does it want to keep these people working in hospitals etc or not.
     
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  10. superhorns

    superhorns Well-Known Member

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    The referendum was planned for several years and had months of scrutiny in both chambers of parliament. The 17.4 million was the highest vote for anything in the UK. It was a UK wide vote, there were no caveats or options for parts of the UK to pick and choose.
    There is no reason for the new PM to call an election, we have fixed term parliaments now, as Cameron has duly confirmed.
     
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  11. colognehornet

    colognehornet Well-Known Member

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    As a protest vote against Cameron. Also many on the hard left voted leave because they see the EU. as a neo liberal club - future steps such as the renationalization of the railways, and nationalization of energy could be difficult within the EU. framework. I wouldn't have voted along these lines but many did - both George Galloway and Arthur Scargill were in the 'leave' camp.
     
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  12. superhorns

    superhorns Well-Known Member

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    There is no reason to evict EU nationals if deemed required by the UK government. I would expect the treatment of nationals will be part of the forthcoming negotiations, but as Dr Fox said today any restrictions put on EU nationals in the UK will naturally be reciprocated in the EU with our nationals.
     
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  13. superhorns

    superhorns Well-Known Member

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    With the Labour Party tearing itself apart I would not worry about a left wing UK government taking any actions.
     
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  14. andytoprankin

    andytoprankin Well-Known Member

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    Those are two issues I strongly believe in, but I put other things first.
    It would be nice to renationalise our Health Service, too, but one step at a time.
     
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  15. colognehornet

    colognehornet Well-Known Member

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    I think you will find Frenchie that some aspects of this are covered by so called 'acquired rights' under international law. Basically the longer you have been in a country the more rights you have. Those who have, or would qualify for, unrestricted residence permits could not have them taken away retrospectively. Germany is slightly different to France in as much as most Britons living here are of working age (who would think of retiring to Germany ?!), are bilingual, and are well integrated into German society. The only problem is that Germany only recognizes dual nationality with other EU. states, though this may change soon. But you are right. Many people have been placed in a potentially insecure position by this referendum result. Despite SH. and his waffling about sovereignty, there are about 2 million British living in the EU. who feel that their own personal sovereignty counts for very little at the moment.
     
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  16. wear_yellow

    wear_yellow Well-Known Member

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    The only train that people are likely to get hurt on in the long run is the EU gravy train when it starts to lose the contributions of those leaving.
     
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  17. wear_yellow

    wear_yellow Well-Known Member

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    They should be as open and welcoming as Britain is then. Someone who has lived and worked in the UK for more than 5 years, can demonstrate this through tax records and records of residence can apply for a ILR and stay here, irrespective of their nationality and does not require them to take British citizenship. An IRL is indefinite as long as the holder does not leave the UK for more than 2 years. I have supported a number of Indian's to obtain a ILR and it's fairly straight forward.
     
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  18. oldfrenchhorn

    oldfrenchhorn Well-Known Member Forum Moderator

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    The Home Secretary had the chance today to make the situation clearer, but chose not to do so. She is in power currently and could have made it not a question of doubt No idea what is going to happen, yet others abroad can see the real situation.
     
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  19. superhorns

    superhorns Well-Known Member

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    They are entitled to make statements I think it is correct to wait until proper discussions are under way. May is not in a position yet to make dictate policy.
     
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  20. Leo

    Leo Well-Known Member

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    Hmm - did anyone other than one small wing of the Tory party and UKIP call for or support having a referendum. Thought not - so the country were bounced into it. No surprise for many then it is fair game to be overturned in democratic fashion if possible.
     
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