Arguments against Brexit similar to those against extending the franchise

Ian · July 07, 2016, 09:27:16 AM

Exactly. Imagine trying to pull a "It's too small a margin!" card to the US presidential race. It's just bitterness from people who didn't get their way.

Mordo · July 07, 2016, 09:32:13 AM

Nascent Email · July 15, 2016, 11:24:44 AM

Extending the Franchise to Women was a horrible mistake.

rC · July 18, 2016, 07:22:47 PM

Without the EU, what's stoping the US from annexing Britain?

Ian · July 18, 2016, 07:41:38 PM

>Implying that would be a bad thing

Lol have you seen the British pound right now?

Quote from: rc on July 18, 2016, 07:22:47 PM

Without the EU, what's stoping the US from annexing Britain?

Faliz · July 18, 2016, 10:16:43 PM

>Britbongs

DAS B00T x2 · July 19, 2016, 08:09:12 AM

Quote from: Ian on July 18, 2016, 07:41:38 PM

>Implying that would be a bad thing

Lol have you seen the British pound right now?

Quote from: rc on July 18, 2016, 07:22:47 PM
Without the EU, what's stoping the US from annexing Britain?

Yeah. It's still trading at a buck thirty per pound.

Nascent Email · July 19, 2016, 08:20:12 AM

Quote from: DAS B00T x2 on July 19, 2016, 08:09:12 AM

Quote from: Ian on July 18, 2016, 07:41:38 PM
>Implying that would be a bad thing

Lol have you seen the British pound right now?

Quote from: rc on July 18, 2016, 07:22:47 PM
Without the EU, what's stoping the US from annexing Britain?
Yeah. It's still trading at a buck thirty per pound.

So no different to last year then?

BaconShelf · July 19, 2016, 09:03:54 AM

Quote from: Trojanlord on July 19, 2016, 08:20:12 AM

Quote from: DAS B00T x2 on July 19, 2016, 08:09:12 AM
Quote from: Ian on July 18, 2016, 07:41:38 PM
>Implying that would be a bad thing

Lol have you seen the British pound right now?

Quote from: rc on July 18, 2016, 07:22:47 PM
Without the EU, what's stoping the US from annexing Britain?
Yeah. It's still trading at a buck thirty per pound.

So no different to last year then?

Used to be $1.5 per £1.

DAS B00T x2 · July 19, 2016, 09:19:50 AM

Quote from: BaconShelf on July 19, 2016, 09:03:54 AM

Quote from: Trojanlord on July 19, 2016, 08:20:12 AM
Quote from: DAS B00T x2 on July 19, 2016, 08:09:12 AM
Quote from: Ian on July 18, 2016, 07:41:38 PM
>Implying that would be a bad thing

Lol have you seen the British pound right now?

Quote from: rc on July 18, 2016, 07:22:47 PM
Without the EU, what's stoping the US from annexing Britain?
Yeah. It's still trading at a buck thirty per pound.

So no different to last year then?

Used to be $1.5 per £1.

yup.
But, the Euro used to be around 1.30 to a dollar and now it's 1.10
So there's still a 20 cent gap.
And since the numbers are smaller that gap is more significant.
So it's actually stronger now to the euro than it was last year.

Get fucked, Flee.

Nascent Email · July 19, 2016, 09:39:44 AM

Quote from: BaconShelf on July 19, 2016, 09:03:54 AM

Quote from: Trojanlord on July 19, 2016, 08:20:12 AM
Quote from: DAS B00T x2 on July 19, 2016, 08:09:12 AM
Quote from: Ian on July 18, 2016, 07:41:38 PM
>Implying that would be a bad thing

Lol have you seen the British pound right now?

Quote from: rc on July 18, 2016, 07:22:47 PM
Without the EU, what's stoping the US from annexing Britain?
Yeah. It's still trading at a buck thirty per pound.

So no different to last year then?

Used to be $1.5 per £1.

yeah, my point was it's not the end of the world because the £ has dropped to an exchange rate that was seen for along period of time last summer. It'll probably go back up to $1.5 per £ before the final negotiations are reached in one and a half years time and it goes back down to the $1.3 range.

Flee · July 19, 2016, 11:16:06 AM

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challengerX · July 19, 2016, 01:08:09 PM

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Flee · July 19, 2016, 01:34:38 PM

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challengerX · July 19, 2016, 01:37:41 PM

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Flee · July 19, 2016, 01:55:13 PM

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More Than Mortal · July 19, 2016, 03:57:00 PM

Quote from: Flee on July 19, 2016, 11:16:06 AM

we're seeing right now are the direct result of the Bank of England's monetary policy changes last week.

There was no monetary policy change. Rates were maintained.

More Than Mortal · July 19, 2016, 03:58:34 PM

Quote from: Flee on July 19, 2016, 01:55:13 PM

It's a solid idea.

It really isn't. Monetary economists have been opposed to it since its inception. It doesn't make sense to have a common currency area without a fiscal and banking union.

And we may indeed see those, but from its beginning to until we see those unions, the Euro has been a political project with little regard for the economics.

Flee · July 19, 2016, 04:16:10 PM

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More Than Mortal · July 19, 2016, 06:28:28 PM

Quote from: Flee on July 19, 2016, 04:16:10 PM

And you're right, I thought the BoE decision did change its policy but turns out what I read was just speculation from a while back. My bad.

That's not to say the BoE decision didn't have any impact. The very act of not moving rates could be seen as a signal to markets to stop worrying, as nothing is that bad. I was just pointing out that the BoE, at least right now, isn't being overtly aggressive.