If we vote for Brexit what happens

Moby

People seen these polls!!!!!!!!!!!!
http://ukpollingreport.co.uk/

setmefree2

In case anyone is interested

The European Central Bank stands ready to stabilise financial markets through the provision of additional liquidity if Britain votes to leave the EU, one of its executive board members has said.

In some of the clearest comments yet on ECB policy ahead of the UK’s referendum, Benoît Cœur! said the ECB would work with other central banks to take special measures to ensure markets continue to function after a potential “Brexit” vote on June 24.
He told TV news channel France 24 that European policymakers had a “responsibility” to provide reassurances about the possible fall out of Leave vote in the UK for the rest of the European public, Reuters reported.
The Bank of England will be providing commercial banks with a wall money to prevent them from running out of funds ahead of the referendum. The first of these windows for its special liquidity operations will be open on June 14.
Polls have tightened significantly 15 days ahead of the vote, with Leave and Remain camps neck and neck. This has raised nerves among the world’s policymakers about the effect an exit could have on financial markets.
Global central banks such as the BoE, Fed and ECB last cooperated to stabilise market conditions and provide currency swap lines in the aftermath of the financial crisis in 2008.

http://www.ft.com/fastft/2016/06/08/ecb-prepared-to-stabilise-markets-after-brexit-coeure/

mrginge

setmefree2 wrote: »

In case anyone is interested



http://www.ft.com/fastft/2016/06/08/ecb-prepared-to-stabilise-markets-after-brexit-coeure/

I don't understand. Why would the ECB need to do anything? Isn't a vote to leave a vote for international isolation?

I was under the impression that it's only the UK that's at risk and the rest of the EU will carry on quite happily, trading amongst themselves and sticking two fingers up at us.

...or could it be that this is a prime example of where we would leave the EU but their economies could still be negatively impacted if they didn't negotiate with us?

Filo25

mrginge wrote: »

I don't understand. Why would the ECB need to do anything? Isn't a vote to leave a vote for international isolation?

I was under the impression that it's only the UK that's at risk and the rest of the EU will carry on quite happily, trading amongst themselves and sticking two fingers up at us.

...or could it be that this is a prime example of where we would leave the EU but their economies could still be negatively impacted if they didn't negotiate with us?

Have many people said that?

Brexit would impact both UK and rEU, the more interesting impacts on rEU could be political though.

My concern with the many Brexit supporters on here, is that some seem to assume that because the EU will be impacted by our departure, they will somehow agree to give us everything we want and we will have to give no concessions in return.

I'm increasingly coming to the opinion that EEA membership is the most likely outcome anyway, would there be the votes in parliament for anything else?

supermario1965

Europe as we know it is finished. In 10 years it will have become an Islamic caliphate. Better pull the plug now.


LEAVE!

Fleabite

Why are we not looking at brand Great Britain?

There have been numerous programmes on TV recently which have highlighted the fact that Saudi Arabia, China, Nigeria etc want to buy our products, send their children to our schools and have houses in our country. These are affluent people outside of the EU who have huge spending power, which we should try to encourage.

Both EU and non EU people spend many millions of pounds via tourism to embrace our culture and history (and our monarchy, love or hate them, are a major factor in this).

Apart from a few countries, and certainly the newer entrants, most are from poorer countries and so can only gain – and quite rightly so if this is the only way they can strengthen their economy – but it will not help Great Britain.

It is also telling that the EU views our leaving as having a huge impact – bearing in mind that we are only 1 out of 28 countries, a small island (with no negotiating power if we leave) why is that?

The final point I would like to make is that the EU has been praised as giving us rights to many benefits. Please remember that many of these benefits were already in place before we even contemplated EU membership ie theNHS, pensions, holiday pay etc.

TrickyTree83

Filo25 wrote: »

Have many people said that?

Brexit would impact both UK and rEU, the more interesting impacts on rEU could be political though.

My concern with the many Brexit supporters on here, is that some seem to assume that because the EU will be impacted by our departure, they will somehow agree to give us everything we want and we will have to give no concessions in return.

I'm increasingly coming to the opinion that EEA membership is the most likely outcome anyway, would there be the votes in parliament for anything else?

I agree with you Filo. It would seem to me to be the most sensible option particularly within parliament given they are mostly pro-EU.

Would be an extremely bitter pill to swallow for those voting to leave on the basis of immigration as a primary or the only issue for them as I don't believe we'll get to have EEA without free movement. If we were going to get that I'd have thought it would have been on the table at the previous round of negotiations.

BobQ

TrickyTree83 wrote: »

It's absolutely right that they extend the period where they allow people to register to vote given the system used to do it was unavailable.

I don't think it sways either way, leave or remain, it's just common sense to me. Some well paid civil servant IT manager ought to be getting a rocket up their bum this morning.

I agree its right to extend.

Why have a dig at the CS. In all likelihood the IT was set up by a private sector company anyway. Firms like Serco, Capita or Sopra-Steria.

mwpt

Fleabite wrote: »

Why are we not looking at brand Great Britain?

There have been numerous programmes on TV recently which have highlighted the fact that Saudi Arabia, China, Nigeria etc want to buy our products, send their children to our schools and have houses in our country. These are affluent people outside of the EU who have huge spending power, which we should try to encourage.

So you state that all of this stuff is happening while we are inside the EU. But somehow, the EU is bad for us and we're not looking after our wellbeing?

Massive face palm.

Generali

ruggedtoast wrote: »

Correlation doesn't imply causation. Human scientific progress is responsible for the increase in (some people's) standard of living.

It is debatable how much neoliberal capitalism, its baked in inequality and unsustainable dependence on exponentially growing debt, is helping or hindering this now.

Interesting that it just happened to capitalist countries then.