Can we all agree that Brexit is the biggest blunder of the century in the UK?
>migrants and immigrants continue flowing into Britain at unprecedented numbers
>the leaders of the movement had all backed out of it
>the only thing Brexit so far achieved is alienating foreign money and investors
Basically Brits just cucked themselves and their future for literally nothing.
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Letting India go was more stupid in the greater scheme of things
The process for leaving hasn't even started yet, come back in a year or two Hungry.
Maybe if they leave and the EU breaks up we can join them
Devaluation of Sterling will help the economy although it will make individual people a bit poorer.
Investment only struggled for a month or so, things started improving once we got a stable government again.
I'm not particularly worried it all depends on what kind of Brexit deal happens, which is very long term. This will take at least a decade probably longer.
The EU did not create the trading patterns between the UK and everyone else. London is the continent’s financial capital because bank clients want it to be, not because the EU decreed it would be so.
Its biggest trading partner is the United States anyway, not the rest of Europe.
No, Europe is our biggest trading partner
Not necessarily. The century is still young. Brita have another 83 years to commit an even bigger blunder.
One reason why London was the financial capital of Europe was that it could offer full access to the entire European market. With Brexit, this is no longer the case. There is a reason why all the big financial names are looking at places like Frankfurt to relocate to.
It shows how out-of-touch with reality the elites really are. They know nothing about those below them. They hold them in contempt. The media is pretty much the same as the powers that be. They are made of "elites" are just as much ignorant as the rest. It is no wonder that they were shocked.
>There is a reason why all the big financial names are looking at places like Frankfurt to relocate to.
Sorry but why are you lying? HSBC is as big as they come and...
ft.com
>HSBC rules out leaving London after Brexit vote
Not the same thing. Naturally they still need a UK presence for the UK market. But there will necessarily be a shift towards mainland Europe simply because things that used to be able to be done from the UK can no longer be done. You cannot have a company in London and have it treated as a "domestic" company in Europe anymore.
UK didn't really have an option over that. Within India there was too much nationalism and anti-colonial sentiment, and neither of the global superpowers were looking favourably on Western-European colonialism.
Looking at what happened to France with Indochina and Algeria, I doubt Britain, near bankrupt after WW2, and keeping the majority of its forces to ward against the USSR, could have held India against its will.
Firstly, you have no idea what Brexit will look like. None of us do. Access to the Single Market is a real possibility, even likely.
Secondly, you said in your original post that "all the big financial names" are looking to "relocate" to places like Frankfurt. That's exactly what you said: relocate.
If they're still HQ'd in London, revenue still going into the Exchequer, but they just have to open another office somewhere in Europe, then who cares? That is NOT what you saying either. It's not a relocation.
I think this is beside the point anyway as we'll retain very close links to the Single Market. People on Sup Forums are pretending they know exactly what Brexit will look like, which is very dumb.
Being a second world country in the EU must be a sweet deal
>get to rid your country of all your bydlo
>year after year after year you are net beneficiary of the EU whilst all the bigger countries pay for your roads and education system
>nobody wants to move to your country so you keep undesirables out
Also if HSBC ever relocated it would be to Hong Kong, not bloody Frankfurt
Yes. It's blatant.
it was a brilliant and honourable decision.
>migrants and immigrants continue flowing into Britain at unprecedented numbers
those people moving to the UK will be sent back if they moved after the referendum was announced, there's a cut off point. not reading any more of your post because you're another europhile shithole.
The thing is, the common argument from Brits is "hurr we'll do it like Norway and Switzerland". It doesn't work that way. You will literally need thousands of lawyers and legislators to work out individual treaties, like Norway and Switzerland have done over the course of years and even decades. You have 2 years. It is unpredictable, nobody knows for sure just how things will go, but it is clear that Brexit supporters severely, severely underestimate how difficult the Brexit will be to handle.
>The thing is, the common argument from Brits is "hurr we'll do it like Norway and Switzerland"
Maybe from stupid or clueless Brits. We're not getting a Norge or Swiss deal. IF it ever happens - and I personally think the longer we go without declaring Article 50, the less likely Brexit becomes - it will be a bespoke deal probably needing an entirely new treaty.
> You will literally need thousands of lawyers and legislators to work out individual treaties
Yep. It will take many many years.
>You have 2 years.
Wrong. We have 2 years from signing off on Article 50. There is no deadline to beginning that process. The EU can't make us start it either. I think there will be several years before Article 50 is announced, triggering the 2 year cut-off. Alternatively there could be a new treaty that supercedes Article 50 with something more workable
>but it is clear that Brexit supporters severely, severely underestimate how difficult the Brexit will be to handle.
Brexiters had no fucking idea what they were getting into, and no idea what they wanted, and when they did have an idea they all disagreed with each other as to what the end game should be. It's a parade of extreme incompetence and we're damn lucky we've got a Remainer Prime Minister who will take things slowly and set up the high-profile Leavers in positions that will expose their unpreparedness
>the leaders of the movement had all backed out of it
uhhhh...
High profile leave campaigners hold the ministerial positions of:
- Secretary of State for Exiting the European Union
- Secretary of State for Foreign and Commonwealth Affairs
- Secretary of State for International Trade
I don't know how more involved they can be?
Did anything even change yet?
It's going to take years to leave the EU. There is so much bureaucracy and paper work that needs to be done. No one knows how it will play out yet.
>Did anything even change yet?
Nope. They will need years to train up trade negotiators, take soundings from various countries and design a plan.
Nothing significant will happen until after the French and German general elections next year, at the VERY earliest
I am quite grateful for Brexit, because Amsterdam is becoming really popular among Asian companies. That´s why the city is getting a low of great new architecture; this is the current status of the Diamantbeurs (pic related).
and those are the renders of the building.
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Banks operating in London have full access to the EU financial market, when the UK leaves they won't anymore, just like a russian bank doesn't.
It's not that difficult to understand, is it?
looks a bit similar...
>The EU did not create the trading patterns between the UK and everyone else
I still think it was a mistake and that history will not be kind with the people that pushed Brexit.
One the other hand, I don't see how things can go more wrong. Brexit will not improve in any way the life of British people (they will be no access to the single market without free circulation of people for example) but I doubt things will go downfall. This is not the end of Britain.
>UK Independence Party
>literally the only they accomplished is giving up their right to vote in european elections
>Banks operating in London have full access to the EU financial market, when the UK leaves they won't anymore, just like a russian bank doesn't.
>It's not that difficult to understand, is it?
How do you know that? Are you from the future? If they don't have full access it's a near certainty they'll almost-full access. The new government has said explicitly that it's looking to protect the City and keep ties as close as possible.
>just like a Russian bank doesn't
You're not a very smart person
Reminds me of the Canary Wharf Crossrail station
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