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peet wrote:QUOTE (peet @ Aug 26 2016, 08:28 AM) After seeing some financial analyst (from The City) on RTLZ news it seems to be fairly normal in the UK. The economy there did not collapse. A flower sales lady complained about the higher costs of imported flowers from Holland. It's a bit early to tell what might happen if the UK really leaves the EU

I wonder if they will cook a cunning plan to "leave without leaving". Basically pour the wine in a different bag if you know what I mean.

Economy has hardly been hit as despite the vote, as technically we haven't moved out at all yet, and absolutely nothing has changed. All the apocalyptic projections pre the vote were based on Cameron sending article 50 as soon as the votes were in (which he didn't).

However, the value of the pound has dropped significantly, which is (basically) international investors saying all UK based business is worth less than a few months ago.

If we do actually leave through a50:
Expect
a) A big shock to the economy when Article 50 is sent
b) an enormously fluctuating 2 yrs or more whilst we get cleaned out in negotiations. (stock shares/business will jump up and down dependent on the news cycle and leaks)
c) Regardless of the results of negotiation a lot of lost investment, as it would be crazy for Companies to invest long term while the stock markets are so changeable

After that I expect we'll end up in a strange situation where we pay the same or more, but are outside the EU like Norway to retain access to the single market in some way so get no say at all.

The soap continues. I suspect UK gov't is "not amused".

http://www.bbc.com/news/uk-politics-37857785

Parliamentary Sovereignty is vital except when they disagree with me!

So what would it take to do the referendum again, but in the opposite direction?

*nuffnuff*

you must have taken quite a few wrong turns on youtube to end up so far on the deep end. I'm impressed

phoenix1 wrote:QUOTE (phoenix1 @ Nov 3 2016, 07:37 PM) So what would it take to do the referendum again, but in the opposite direction?

If it's a serious offer I think some F16s over Dagenham, Sittingbourne & Boston (the original, not the one in Mass.) Would be the place to start.

You should read the comments in the Daily Mail. Its like a casting session for extras for Scanners.

It was actually more of a serious QUESTION than an offer.

I live in the state of California where public referendums are so common I'm voting on like ten of them in a few days. I know how our system works: you circulate a petition and get N signatures from California residents and then the thing you were gathering signatures for goes before the state for a vote. You can do this with anything, I think someone once tried to make it legal to shoot gay people. It didn't get enough signatures to make it onto the ballot, otherwise California would have been voting on whether or not to make it legal to shoot gay people.

What I don't know is how the UK referendum system works. What provisions allow for a straight up-down vote by your populace to determine governmental policy?

Also, our Boston > your Boston. Just ask Dome.

It would need another Act of Parliament. There is currently no mandate for government to do this (although the Act for the last referendum was poorly written and didn't consider what would happen in this current circumstance).

There is substantial evidence to suggest that if the referendum were to be rerun it would be a healthy win for the remain side. However to get one arranged would mean going agains the right wing media and nobody in government likes doing something that Uncle Rupert hasn't agreed to.

What's more likely is that the Government will call an early election (this requires a vote of no confidence in themselves) and then run on a platform of delivering Brexit. The people will vote for them because the Labour party is a shambles and we're only allowed to have two parties so we might as well vote for the other one. Also because Uncle Rupert tells them to.

The unfair thing is that incompetent politicians in uk got killed and replaced while the same ilk in brux, paris, athens, berlin who is equally or even more to blame keep their positions.