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davidthegnome

(2,983 posts)
13. Hard to believe...
Fri Jun 24, 2016, 02:30 PM
Jun 2016

Hard to believe that Britain voted this way. I remember being a younger American and always thinking to myself that the British had several things much better figured out than Americans. The conservative movement since that time has really grown into some kind of monster.

I'm sure various people had various reasons for voting as they did... but the simple facts of the matter are that this is going to ultimately really hurt the economy of the UK. It's going to be felt across the EU - and around the world to a certain extent as well. If the immediate, significant drop in the stock market is any indication... then the effects of this decision are already being felt, pretty much immediately after the vote.

I don't think that this event alone will send the world into another global economic crisis... but some times something like this has a rather large ripple effect. Will other Nations leave the EU? What will happen if they do? Will Britain now promote a more isolationist policy? Are they going to withdraw from various trade agreements? There's a lot of questions that could be asked here.

As someone who is unemployed, uninsured, broke and injured to boot... I can say with some authority that this kind of stuff matters. The housing and various other economic issues that led to a global economic crisis previously... was pretty devastating in terms of money lost, jobs lost, homes lost - poverty, struggling and suffering. Under current regulations however, there is little to prevent such a thing from happening again - and republicans (and sadly, even some democrats) are pushing to further de-regulate the already poorly regulated market.

Let's all have a look around. Trump is the presumptive Republican nominee. We are still engaging in this global war on terror that is draining our resources. Our public education system is on very shaky ground. Our media is deceitful and controlled by the corporate world. Our infrastructure is crumbling. Citizens United gave greater power to wealthy special interests - to the extent that they can often write our legislation at this point. Then we have the immigration issues, the environmental issues. We have hunger and homelessness in many states (my own - Maine, is enduring a great deal of hardship under Governor LePage and various other assholes). There is great tension with Russia, with China, North Korea - and various other powers in the world.

What would it take to set off another economic crisis that would greatly dwarf the "great recession"? I'm no economist, I only went to college for about a year before I ran out of money and ended up in great debt instead. Still, it seems to me that our Country - and perhaps the world at large... are on shaky ground. In a time when our primary focus should be on resolving climate change and preserving our world for future generations, instead, we are all caught up in ideological warfare.

It's enough to make a sane man depressed - and I never claimed to be very sane.

My sympathies to those in Britain who are struggling with this - wish I could help out, but in spite of recent comments made here - I still think America is even dumber than Britain.

^^^This!^^^ Surya Gayatri Jun 2016 #1
we have to make sure the US media doesn't let the tRumpians spew their lies here unfettered uponit7771 Jun 2016 #2
too late. spanone Jun 2016 #14
lol SoLeftIAmRight Jun 2016 #49
I suppose these nefarious characters are also influencing Italy, Spain,Netherlands and all countries swhisper1 Jun 2016 #51
AIR WATER FOOD SoLeftIAmRight Jun 2016 #55
All the stuff the UK buys from countries of the EU will now cost much more. tonyt53 Jun 2016 #3
not true not for two years after declaration. It is not declared yet swhisper1 Jun 2016 #52
Thanks for posting TubbersUK Jun 2016 #4
Think way back on when austerity was pushed by the EU and the UK fasttense Jun 2016 #17
I've been in the midst of it for weeks TubbersUK Jun 2016 #38
that was a disaster swhisper1 Jun 2016 #53
Ditto ... it seems that lots of BlueMTexpat Jun 2016 #47
I don't understand LW support for this. whatthehey Jun 2016 #5
The way I see it is they're cheering that Banksters/Corporations are finally gonna get theirs! Yes! justiceischeap Jun 2016 #6
Minor quibble, possibly just inference whatthehey Jun 2016 #7
That's what I meant. :) justiceischeap Jun 2016 #8
Because he hates Britain so much he should just bugger off. Boudica the Lyoness Jun 2016 #9
The media spin is interesting. They don't want to admit that part of the reason this passed newthinking Jun 2016 #23
"their concerns over immigration had been ignored" - Is this not true? nt phazed0 Jun 2016 #10
It is true. 840high Jun 2016 #16
Most Trump supporters think "their concerns over immigration had been ignored". pampango Jun 2016 #22
The EU situation is not the same as our situation newthinking Jun 2016 #24
The "distant and unrepresentative" bureaucracy in Washington is what conservatives here always pampango Jun 2016 #29
You get to vote for two houses and a pres and vp. newthinking Jun 2016 #32
But we don't vote for the bureaucrats. Conservatives love to complain about them. pampango Jun 2016 #35
almost a corporation swhisper1 Jun 2016 #54
To try and equate this to the US is ignorant of the situation, respectfully. nt phazed0 Jun 2016 #26
Older conservatives are uncomfortable with immigration all over the world. Immigrants pampango Jun 2016 #31
The situation is a 'bit' more complex than that phazed0 Jun 2016 #33
Voters over 50 voted Leave. Voters under 50 voted Remain. pampango Jun 2016 #36
Good lord, dude phazed0 Jun 2016 #37
Immigration in the UK is less than every Western European country other than Finland and Denmark. pampango Jun 2016 #39
Have you read what the European Left is saying newthinking Jun 2016 #56
The Left imagines a "more democratic EU". So do I. The far-right imagines no EU at all. pampango Jun 2016 #57
People are really caught up in the narrative. newthinking Jun 2016 #34
Jesus, this. nt auntpurl Jun 2016 #11
As I understand it, its just a mandate by the people elmac Jun 2016 #12
Hard to believe... davidthegnome Jun 2016 #13
Next thing you know, they'll want you to build a wall. tclambert Jun 2016 #15
It's not really "just" about immigration. That is a "Narrative". newthinking Jun 2016 #25
It seems that some are already regretting their votes. mr blur Jun 2016 #18
Well, Mandy, too freaking late now! hatrack Jun 2016 #40
Trump is happy. That should say it all. Spitfire of ATJ Jun 2016 #19
Thats all I need to know workinclasszero Jun 2016 #27
Dunno, but the "leave" crowd.... Spitfire of ATJ Jun 2016 #41
Don't take this personally, but... Fritz Walter Jun 2016 #20
The market was down about 3% today. former9thward Jun 2016 #42
3% can be significant Fritz Walter Jun 2016 #43
So you really do think it will never go back up... former9thward Jun 2016 #44
I never say "never" Fritz Walter Jun 2016 #46
The media does not do a good job of explaining why this all is happening newthinking Jun 2016 #21
+1 phazed0 Jun 2016 #28
You state it so simply Hydra Jun 2016 #48
Ha! The correct question right there. katsy Jun 2016 #30
vultures enid602 Jun 2016 #45
Thank you for this, Don.. Cha Jun 2016 #50
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