Some facts I know about (if you have some more please tell me below, I'll try to read them all)

-the GBP (Great Brittish Pound) has dropped from 1,50USD : 1GBP to 1,35USD : 1GBP
-Some people regret their choice
-they are out of the footbal competition in the EU (nothing to do with the brexit but still :P)
-AAA+ mark has dropped to AA

some videos to watch
https://www.youtube.com/watch?v=iAgKHSNqxa8 - lwt with john oliver
https://www.youtube.com/watch?v=nh0ac5HUpDU -lwt update

https://www.youtube.com/watch?v=UTMxfAkxfQ0 - brexit the movie

other interesting links:

https://petition.parliament.uk/petitions/131215 -vote

8 years ago*

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You think the brexit was a smart choice of the UK, please tell us why

View Results
Yes, it was smart
No, it was stupid
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8 years ago
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8 years ago
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ye

8 years ago
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omg nobody cares politics :D we are gamers ;D

8 years ago
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dont enter the thread ;-)

but you are right =)

8 years ago
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Old and retired people decided that all the young people (us) will not have the freedom anymore. How is that good?

8 years ago
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This statement kills me, not because you are necesarily wrong. I know little to nothing about brexit and the pro's or con's. But logic would say the old people that have been around a while, know a bit more about politics, and whats best for the nation theyve lived in their entire life, than some fresh out of high school 18 year old.

i dont mean this in a derogatory way, just an observation on the animosity between generations.

8 years ago
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Most people have no idea of how politics work nor do they want to be interested, they do as they are told on tv.

8 years ago
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And there is some group of people that have no idea of how politics or economics work, that lived their whole lives in current previous politic/economic system driven by EU and are afraid of making a step into the dark because everything they know was told by TV that EU is great and you cannot live without it.

8 years ago
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I got rid of my tv 12 years ago, havent missed it once. Propaganda and fear mongering, is all that they push.

8 years ago
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I see what you did there.

8 years ago
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Your avatar has the Guy Fawkes mask, no wonder you're an activist. Anyway the only thing I use TV for is console games, anything else I can watch on my computer.

8 years ago
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Well, actually the profile pic is just a profile pic. I personally find it hilarious that the guy fawkes mask is synonymous with activism, considering a. the likeness is owned by time warner, so every mask sold earns them some money, and b. guy fawkes was not anti establishment/government by any means, he was just against the existing monarchy, and wanted to replace it with a different one.

And I didnt mean like I dont have a tv, lol, just that I havent had cable/satellite in 12 years. The media is garbage.

8 years ago*
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Judging german tv who carried massive 'remain' propaganda it seems if similary in uk then people were deciding against what told in tv.

8 years ago
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Most old people are just as ignorant as most if not more as the rest, they often have religious values keeping them from pursuing any further enlightenment, or they think they've learned enough and gave up on learning anything new based on their age. They've also had much more time to get indoctrinated and buy into propaganda. They are often less open to change and less likely to suffer the consequences of their actions. Old people are also nostalgic and have the whole rose-tinted glasses phenomenon going on.

Most generalizations are pointless, but I don't think old people know more about politics than the young or are capable of making better decisions. There is ignorance and stupidity on both sides, but the elder side is probably the easier one to manipulate (for example FOX news)....

8 years ago
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If the indoctrination and propaganda was a viable argument in this case, they would have voted to stay not leave. 40 years of EU is #1 propoganda is a lot

8 years ago
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They were told things like what money was being paid to the EU would/could be put in the NHS.
Pro-EU sentiments didn't take much hold in them because they knew what was before. I was giving possible reasons for them to be unreliable.

Can you point me to that Pro EU propaganda, because I think the opposite is true, They've been hearing for years how they get nothing from the EU in a circle-jerk of stagnant ideas. Too often people remain where their opinions are echoed getting a sense of validation.

8 years ago
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I couldnt do that as being an american, who doesnt watch tv to begin with, I would have no base to even start from. However I'm sure it exits. nationalism is universal. WERE #1, those stinky albanians are evil, or whatever.

8 years ago
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in my experience, old people don't remember the past so much as that they remember an idealized version of the past.
And regardless of experience, people tend to become more conservative as they get older note: not talking about political conservative, as it's treated in the U.S., here I mean conservative as in being less open to change or to new ideas

Not saying that the past wasn't necessarily better, but, it probably wasn't as good as most people remember it to be

8 years ago
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I find this is true of everyone, and everything for that matter. Like the statement, 'they dont make [items] like they used too' and then they cite all these things that are still functioning 50 years later. Well, lets be honest, a hell of a lot more failed along the way than survived. With memories I tend to think the bad memories stick out more than the good, so Im not sure people have a romanticized view of the past, as much as they have a biased view.

8 years ago
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elderly people are quite easy to influence, nigel farage sits on t.v. and says scary foreginers will kill us all and they all vote leave

8 years ago
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Any link on that? IMHO elderly ppl are least easy to influence given their live experience.

8 years ago*
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not really, I'm just basing it on personal experience of working with elderly people

8 years ago
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But logic would say the old people that have been around a while, know a bit more about politics, and whats best for the nation theyve lived in their entire life, than some fresh out of high school 18 year old.

Nope. The older you get, the more you hate any kind of change. Just to give you an example: an old person was given charge of education here. She spend most of her time around schools, teaching. You know what she did? Cut back the weekly lessons on IT and English, introduced theology, PE instead, and almost made LATIN the mandatory taught foreign language. Welcome to the fucking 19th century in 2012…
Old people have always been and will always be the biggest obstacles in any kind of progress, because people fear change, and the less they have left, the more they want their surroundings to remain the same. We will be like that in time too, and the young generations then will hate us as well for it, justly.

8 years ago
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I cant necessarily disagree with what youve said, people do become very set in their ways. But exiting the EU is more of a change, than a return to, at least to the majority of people who voted, I mean its been 40 years since they joined, so really no one under 50 has a practical opinion on how 'things used to be'

Without the elderly vote, would it have passed, probably not. So I see the argument people are making.

8 years ago
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And this is what the point of the initial post was: the people of 50+ age had the largest portion of the leave voters.

8 years ago
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Id have to look at the numbers again, I know it was the largest percentage for, by age group, but overall numbers I thought it looked fairly evenly spread across all age groups to leave.

8 years ago
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Low turnout in the lower age brackets. You want to blame someone, look in the mirror.

8 years ago
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they Where lurcing around steam store because of summer sale #sarcasm

8 years ago
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Learning latin is cool, tho. I mean, especially in your case (I assume you speak Hungarian and not Slovak) when your language is a rather unusual case. By learning Latin you "could" understand many romance languages up to a point, and helps with formal English too.

I don't see the problem on implementing PE either, and theology can be a good subject, I took World's Religions at school as an elective and it was pretty interesting and eye opening. Having said that, English and IT are important also on the current market, specially when taking into consideration the poor-ish level of English Hungary has as a whole (Ours is kinda worse, but well..)

I don' think the changes were that bad, to be honest. But I guess is a different approach to education.

8 years ago
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Yes, the reasoning was that Latin is a good gateway language.
On the other hand, the kids can barely learn one language by the age of 18. And latin is not exactly something you can use in real life.
PE was a nice touch, maybe, they just forgot to include the facilities for it. And children had so much fun doing daily PE outdoors in winter.
Theology… just no. Especially in a supposedly secular and largely atheist country. Eventually ethics was offered for those who didn't want their children to hear preaching. Ethics from books supervised by politicians…

Knowing how to use computers and the most common bridging language is what the job market needs and there are no signs that this trend would stop. Denying these important things from children will turn them into good assembly workers in a factory, but they will hardly get any kind of non-menial jobs with that. heck, now even many menial jobs list English or German as a basic requirement, otherwise they can get a social job, which here mostly means doing the farming job for free for one of the large land-owners.

8 years ago
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Although I do agree there, cutting back english and IT in this time, is not a good thing. English is a big language in the world and can help you in a lot of countries (even non english ones). And IT is just very important with more technologies being developed every year.

8 years ago
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If you lived here you'd probably have a different view. I know all these angsty students struggling to look their parents in the eye sound adorably melodramatic but in this case at least they ain't wrong. It's hard to even describe, on a basic level we seem to be making all the right progressive steps, homophobia, sexism, even our terribly British issues with class are all receeding so quickly it's almost unbelievable, yet there's ridiculously keen low-level racism that permeates everything which happens here. Nothing complicated, just pure basic hatred.

There wasn't a single objectively sensible, well thought out argument presented by the leave side - it was a flat out racist campaign built on thirty years of vague institutional hostility towards nothing much in particular. That there are still some who find this disturbing is the most reassuring thing to come out of the whole mess.

8 years ago
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I cant say my opinion would be different, but I can certainly say it would be more informed.

8 years ago
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Were that the rest of my country had that instinct :)

8 years ago
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Old people know more about politics... but less about politics of EU and the future. They know more about how the GB used to rule itself but they are too old to understand the necessary evolution of politics. They see how comes rules, norms and limittions from EU, How they want to replace currency they used to pay for their whole life with and all these negative things. It is same case as banks came with e-banking and credit cards - older people don´t understand it and dont trust to this system even if it can make their life better but they are to afraid to understand it. Young people use it naturally. Older people know more about old and outdated things and remember how it used to be - young people know more about things they life in right now. (current: politics, technology, art, culture, trends etc) But i have no chosen side about brexit. I just think it is wrong to leave but people have rights to say what they want and brexit is working democracy in nutshell. I am happy for those who want to leave and wish them best, but i am pity for those who wants otherwise. It is too hard to find the side. Thanks god it is not my country and my decision let alone future life with consequences of these choices.

8 years ago
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Older people are generally wiser, but in this case it was more something like people with a lower instruction level (at least the majority of them, compared to the majority of the "remain" voters) who grew up during an economic boom just after WWII, who were triggered by the slogan "let's make UK great again" or something like that since right now we are in "depression" and anyway far distant from the boom of the 60s~70s.
Younger people grew up in a completely different economical and geopolitical world and have a better understanding of it. Just to be clear I'm talking about global world vs cold war world (were U.S.A., UK and France ruled the west).

8 years ago
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i wont argue with the statement you said basically you are right but i want to point out a few things. To me when you say old and young its hard to accurate specify what age we talk about so lets say young are 18 to 40, 40 to 65 is middle age and 65 + is old the numbers are not by any means official just my opinion . Second thing i want to point out is that i saw a chart where it clearly showed that England decided for a brexit and yes was voted by a majority of 60+ people on the otherhand young people attedance was low and that is a bad move on their part. That is the reason they say in all these posts for old people i think but i think it would be fair if there was some blame to the people who didnt care to vote.

Now the second thing about old are wiser i cant agree completelly. I am 31 and i can do great mature conversations with older people and i always get a wiser answer i own a store its my job to develop relationship with my customers so they keep coming back and i agree people from an age between 40-60 prove they have been here a while and know a thing or two better but in the same time i find that a lot of people from around 60+ are too damn stuck in their ways sometimes they are completelly wrong ( an example sometimes vote for a faction in an election just cause they did their whole life even tho there have been scandals about that faction and the only reason they rise to power again is old people stuck in their ways voted for them, or a softer example everyone who wears an earing is a punk ....i wear an earing even tho i am a male cause i like it and i hear so often you are so mature and good young man why are you wearing an earring ) so i think there is a point in our life when we cross over from wisdom to stuck in our ways even tho they are wrong again and cant think straight, not all old peope are like that i can vouch for that but also i cna vouch its the majority from what i have seen

8 years ago
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Old, "stupid" people from UK lived before UK was in EU and therefore they have better view on it than people that lived most of their lives in it. Especially if those old people were the ones that voted to join the EU...

If you would eat most of your life only apples that are rotten a bit, would you still say that old people that ate normal apples before you ever lived, that they are stupid because only rotten apples are good? How would you know how taste normal apple if you never seen it before?

8 years ago*
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People in general have imperfect memories and, what's more, they can be easily manipulated by others. A perceived decrease in their welfare can be easily attributed to the EU and old people who still remember the glorious days of the British Empire are an easy prey for those messages. They now believe they can somehow go back to those days, but that's simply not going to happen.

8 years ago
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I think you make a few good points there - but I really don't think there are enough voters left alive to remember 'the glorious days of the British Empire' to have made a difference. My grandfather would have been amongst the oldest voters and there wouldn't have been many many of his generation out there. He was a teenager when WW2 started and neither that or the post war years were glory days for us, and then there wasn't an Empire.

8 years ago
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UK was probably without any doubt the second "western" world power right below the U.S.A. Not to mention that "western" economy during the 70 was at its peak. Around 2000 (a little before that) world balance has started to change for a lot of reasons (one being the internet itself) and new world powers emerged. Powers that single countries (like all EU little countries) cannot face alone.

8 years ago
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They remember when they were kids and their parents were alive and they had a young healthy body and a whole life of opportunities ahead of them. SMBC put it better than I could.

Of course the past looks good to old people. Growing old sucks.

(A more immediate reason old people voted to leave and young people voted to stay, of course, is that EU membership offers many benefits that only young people are likely to take advantage of, like freedom of mobility - an old man isn't really able to relocate to France for a year for a job internship, whereas for younger people it's a big deal. Older people with established lives also felt more threatened by immigrants - although it's very important to point out that the EU wasn't actually forcing Britain to accept large numbers of immigrants, of course; but anti-immigration sentiment made a powerful rallying cry among older people who felt their place in society was threatened by nebulous forces.)

8 years ago
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The problem is that people are more likely to remember an idealized version of the past, rather than the actual past. It's also worth noting that Britain joined the EU in 1975, which is more than 40 years ago. To be able to have a real understanding of what it was like, those people would have to be at least 70 years old. ~and fuck, I'm half that age, and I can't even remember the '90s)

8 years ago
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The older people also fought the wars that allowed the UK to still exist.

8 years ago
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The problem is that it's impossible to know what state the UK would have been in now, if they hadn't joined the EU. So it's impossible to say if being in the EU has been good or bad.

Unemployment would have grown over 40 years even when they didn't join. EU-wide trade agreements (both within the EU and with the US, Canada, Asia, Africa, etc) may have benefitted the UK (though that's still speculation, as we don't know what agreements they would have made if they didn't join).

8 years ago
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Le old people meme. If the smartass youngsters of my age, the stupid Erasmus generation, really cared about something they would drop the iphones and go to vote. The percentage of voters for the youngest demographic was really low. Screw them and their degrees and socialitis, old men are the future.

8 years ago
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Democraty is a bitch

8 years ago
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The vote was skewed by age but it was still fairly split across all age groups. Millions of young people still voted for against the EU and millions of old people did vote for the EU - making generalisations on that basis probably isn't much better than saying all immigrants are scroungers, which is how we got into this mess. And you might as well blame the disproportionate number of young people that could have have swung the outcome but didn't bother voting.

Besides, whether right or wrong, the majority of older people would voted so the young would have freedom from having things decided for them by unelected bureaucrats. I'm not sure what freedom you are talking about.

8 years ago
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1) "Fairly split" is hardly accurate when 73% and 62% of the voters under 24 and between 25 and 34, respectively, wanted to remain in the EU. Of course there are millions of people that voted for 'Brexit' despite their young age, and viceversa, but the correlation is pretty clear - this is an obvious example of intergenerational breach. As for what old people decided... well, it sounds ugly, but the truth is that older people will not have to bear the consequences of their decision for many years...

2) Freedom to live, work or study anywhere in the EU, for instance? Freedom to vote for the EU parliament, whose legislative acts are going to have an impact on UK trade if the latter wants to keep its agreements? The irony here is that some claim that too many laws are created in the EU (which is not necessarily bad, actually), but now the UK will have absolutely no saying on them.

Bureaucrats are not elected anywhere. The European Parliament, which is the organism holding legislative power in the EU, is directly elected by European citizens. As for the other institutions, their representatives are all indirectly elected in some way or another.

8 years ago
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I was typing quickly and think I missed at least a word there - my apologies. I think my intention was to suggest that there was a certain amount of division amongst all age groups rather than that the vote was evenly split. I did start by admitting the vote was skewed by age - although I think you are quoting figures there from polls that suggested 'remain' was going to win that are obviously discredited, I've seen plenty of others that suggested a less dramatic split. I still think the only way anyone can make sweeping generalisations about this one is by ignoring the views of millions of people.

One way of looking at it is certainly that spiteful older people have ruined the country because they won't have to live with it as long. Another way of looking at it is there is widespread agreement that this would be bad for the economy in the short term at least - old people knowingly voted knowing that they might suffer for the whole of the rest of their lives hoping their children and grandchildren would have a better future. If they cared only about themselves most would have voted for the status quo and their pensions. Selfishness or sacrifice for the greater good? I don't know the answer, we'll find out who was right somewhere further along the line.

We're likely still going to have freedom of movement. We'll almost certainly have to accept that to maintain access to the single market. Most politicians already seem to be agreeing on a Norway style deal, although the far right will probably burn half the country down when they realise this referendum isn't going to stop immigration.

With regards to the EU parliament, freedom, democracy, accountability, the unelected chambers and powers held by unelected officals, how much say we have in trade in deals like TTIP that might affect our way of life, etc - that's a whole essay I'm not going to write here. Suffice it to say that with regards to the debate about how old people voted most certainly felt that too much power was held by unelected and unaccountable individuals within the EU. British democracy was something they understood, that many had been raised to fight for whatever the cost, and what they thought meant freedom for the next generation. I'm not saying they were right - just that's what was going on in most of their heads.

8 years ago
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8 years ago
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No, this one is on the stay-at-home youngsters. Just look at the turnout by age bracket.
They got no one to blame but themselves...

8 years ago
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Younger people tend to vote less because they move around a lot. This makes it harder to make sure they're registered, harder to make it to the polling place, etc. Voting from college is not as easy as walking to the same polling place you've used for the past 20 years and doing the same routine you've fallen into over that time period.

8 years ago
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Wow, age racism at it's finest here...

8 years ago
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Yeah, really? Voting is soooo hard
That is the lamest excuse ever..

8 years ago
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Well that just means young people didn't come to vote as actively as the old ones. Which is the dumbest thing to do with the right to vote. And then waking up and blaming others or signing petitions is just even more stupid. Some of those young people (not all of them ofc) everyone on the internet seems to defend should for once stop jerking around and go push the old ones from making decisions.

8 years ago
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Perhaps you should go out and vote rather than whine on social media about it.
Then perhaps it would not have happened. But that's so much work, much easier just to do nothing and bitch some more. How is that good?

8 years ago
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8 years ago
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i know quite a few "young people" who voted out

8 years ago
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Germans were using that abomination (UE ) for economical and social opresion and now they are going to make a 4 reich from it. It is clean that UK dodged bullet so far but they will not survive the future when super-state (lately unvieled project which started few decades ago) come for them . Even with V 4 and baltic countries they will be no match for german-french 4 th reich.

8 years ago
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Not trying to disrespect you or your opinion but, dude, 4 Reich is a really unreasonable and awkward way to describe Germany's behaviour towards the EU.

8 years ago
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Technicly germany use UE for their own interes and there is not a secret that endgame is a one big state ruled from berlin. Thanks to brexit they had to start implementing it earlier so we may have a hope to stop it.

8 years ago
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8 years ago
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"is not a secret that endgame is a one big state ruled from berlin. "

Wow, you are either racist or don't know today's germany at all. Or both.

8 years ago
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Unfortunatly i know germans to well. Also how could you asume that i am racist? This is clearl stupidy, calling anyone with who you disagree racist .

8 years ago
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"how could you asume that i am racist?" Well, because you randomly call every german a nazi?
Also, you dont even say what your source is- and I can tell you one thing: The nazis used the "We know Jews too well, they are all idiots" ideology (source: http://ww2history.com/experts/David_Cesarani/The_Nazi_hatred_of_the_Jews). And that is exactly what you did, just in an other form. So re-think your opinion, and don't act like a nazi yourself...

8 years ago
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You have seroius problem . At first show me where i called germans a nazis. Secondly how could saying that anyone is nazi is a racist? Also my grandgrandparents were killed by nazis (that i can forgive you since you have no chance to know that ) .

8 years ago
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"You have seroius problem " You know about the guy who runs around in a mental hospital saying "I am the doctor!"?
" At first show me where i called germans a nazis" : " there is not a secret that endgame is a one big state ruled from berlin. " "Unfortunatly i know germans to well."
"Secondly how could saying that anyone is nazi is a racist?" Insulting everyone that comes from a certain country to be a nazi IS racist.
"Also my grandgrandparents were killed by nazis " Sorry about that, but why again does that mean that the people that live on the same ground on the world that the nazis used to live on still are nazis?

8 years ago
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" At first show me where i called germans a nazis" : " there is not a secret that endgame is a one big state ruled from berlin. ''
There is nothing in that about nazis... Please open your eyes, bashing ewehryone who is disagree with you and calling them racist is special kind of stupidy...

8 years ago
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Apologies for stepping in, but, you are embarassing yourself with every new reply.

8 years ago
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merkel is slightly Reichish

8 years ago
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+1

8 years ago
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Actual voting was 50-50% while here it's 20-80%.

8 years ago
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You could say it's "hindsight 20-80".

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8 years ago*
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Actual vote results were 48/52% from 33.5 million votes. And you want to compare that to a steamgifts forum poll running for 20 minutes and 120 votes...

8 years ago
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Well yeah okay 52%.

Usually polls don't change that much after, it's still 23-77.

What i was trying to say is regardless, i didn't expected so many to vote no.

8 years ago
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The population of Steamgifts is not an appropriate sample of the UK vote. The poll results here are beyond meaningless. Fun to see, but that's pretty much it.

8 years ago
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Well, here you have mainly people from the age of 20 - 40 (ish), while in the actual votes, you have people from all ages. So of course you're going to see a different outcome. As was said before, it's more of the older people that voted for leaving then the younger ones.

8 years ago
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it was 50/50 in Britain.
I don't think that people from other eyropean countries would like brexit xD Especially that they will have to pay more to keep it allive without huge budget from GB. This whole united european useless bureaucracy cost shitload of money.

8 years ago
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"useless", like human rights, environmental treaties, common market, free travel, no customs, investment flow, legal harmonization, consumer benefits? And that "shitload" of money is about £120 a year per person, actually of all the EU countries UK is paying the lowest percentage of its GNI for the membership.

8 years ago
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Human rights, environmental treaties, common market, free travel, investment flow, consumer benefits - none of them were created by EU
Legal harmonization = worst thing ever in many cases. What is good for germany is not always good for other countries. Sorry.

8 years ago
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I've never said those were created or invented by the EU, but those are the benefits being a member of the EU. As for the legal harmony, if there are so many cases, where it is the "worst thing ever", could you please name just a few?

8 years ago
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My work has a lot in common with food law. Many new regulations looks like they were here only to make life of huge corporations easier and completelly erase small companies.

8 years ago
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For example?

8 years ago
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Regulations about max ammount of Dioxins, number of microbiological samples that company must send to laboratory, regulations that basically ban traditional ways of making food and many others. Officially every single regulation is there to increase food safety. In practice most of them doesn't change anything exept that small food producers don't have enough money to afford all this bullshit.

8 years ago
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So according to you, food safety regulations are the "worst things ever". As a consumer, I beg to differ.

8 years ago
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You don't get my point. Food safety regulations are needed and government control over food producers is necessary. If they will be left without control - we all would probably get sick/die in one year - food producers don't care about consumers health but their own profits.
What I want to say is that EU law hits small producers - with some "pseudo pro-health regulations". In the same time huge producers can easilly dodge those regulations or those regulations doesn't touch them at all. In the same time real threats to public health are ignored - becuse food producers lobby is too strong.

8 years ago
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I'm sorry, do you confuse the United Nations with the EU?

8 years ago
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Nope.

8 years ago
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We'll see about legal harmonization when 'anti terrorism' wire-tapping and unrelented data retention comes live which is being discussed in EU right now. But then again brits are used to have cams everywhere right?

8 years ago
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Data retention? Google has been forced to remove search result because of the "right to be forgotten". I'm more concerned about the limitation of freedom of speech.

8 years ago
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we don't need the Eu to pass good laws.

8 years ago
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Don't need, but certainly helps. The brexit vote was such a great idea, that's why the leader of the country resigned and a bit later, the leader of the biggest Eurosceptic party is stepping down. Some might say now they realise what mess they have made.
100 GBP now worth 15 EUR or 21 USD less, than two weeks before.

8 years ago
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How mant of those would be Americans who have no idea about the EU.
I mean, a gigantic sum of votes for "re-referdum" came from outside the EU. Do they have any idea the mess the EU is?

8 years ago
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Either way I'm still fucked. I did not vote due to lack of info for pro's and con's so I'll just go with the flow as usual.

8 years ago
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lack of info ?
and do you even know how to breath ?
pathetic
glad you are out of euro'16

8 years ago
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Lol I love your reaction and I'm sure I won't miss something I had no part of to begin with. Breathing is a natural thing my body does I do not need to KNOW how to breathe. I'll miss you too mate kisses. =p

8 years ago
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i love this attitude - i wont go voting, but i hate those politics...
ok, eot, i dont like politics
cheers anyway

8 years ago
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I never said I hated any side I didn't have enough info to make my choice so I didn't vote and whatever happens I'll roll with it. I probably have an overall bad attitude to politics tho I never really care and just go with what happens.

8 years ago
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Too early to tell.
For the Brits, it'll depend on the new Prime Minister, and when/how he'll invoke Article 50 of the Lisbon treaty.
Short term, they'll have a political mess on their hands anyway, as Northern Ireland and Scotland may again re-evaluate being a part of the United Kingdom
(Technically, their government could choose not to leave the EU after all, but that really would result in losing any earned trust nationally as well as internationally - so that's jpretty much political suicide for the UK).

For the rest of Europe, Britain always had a bit of a reputation of trying to get the benefits without having to pay the cost, so some people won't see it as a bad thing.
On the other hand, it's a clear signal that a large numberr of people don't like the way the EU is turning into a super-state instead of a union of independent states. We'll see how that plays out. Either nothing much changes overall, the EU changes direction away from centralizing everything, or the whole thing falls apart.

8 years ago
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In the short term, the question isn't whether or not it's a disaster, the question is how big a disaster.
In the medium term, it'll be fine, but it's too early to predict if they'll be somewhat worse off or somewhat better off.
In the long term, we'll all be dead

8 years ago
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100% correct! xD

8 years ago
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Well, that sums it up quite nicely.

8 years ago
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Can't wait for the day when NI or Scotland apply for EU membership, and Spain and/or Belgium will veto..
Oh, the hilarity xD

8 years ago
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The EU changing on feedback?

Ha, more likely they will just "punish" the UK for being bad, hopefully ironfisting others to not do the same, and then continue their merry dictatorial way with any disregard for proper leadership. Or proper budgeteering. Or actually solving any European issues while still getting paid riant sums. Or...

8 years ago
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or preserving peace, or maintaining the common market, or allowing free movement of people, or creating uniform standards, or....

8 years ago
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Preserving peace like in Paris or Cologne? Common markets and uniform standards requires a super-state? Reality-divorced regulations don't strangle small business? And to reuse an allegory I used earlier, moving freely between decks is important when the ship is sinking?

Those goals are admirable, but they can be served by political alliance, not political union.

8 years ago
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'Standards' and killing them by seemingly going into negotations with TTIP which undermine them greatly. I haven't seen EU representatives leaving disgusted as of yet.

8 years ago
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Well, that's the current course, and that's where the dissent comes from.
If that leads to the end of the EU as we know it, so be it. I personally just hope things change before then.
I'm all for the ideals the EU is based on, but not for the way those ideals are put into practice these days.

8 years ago
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seeing as we're paying for so many bankrupt freeloaders n the eu i think we have a right to be peeved.
Who do you think has to stump up billions every other year to bail out basket cases and that is on top of our regular payments.

8 years ago*
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8 years ago
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the problem is that those UKIP idiots have no idea what they are doing

I'm pretty sure they know exactly what they are doing, although they may be surprised that their message actually managed to go through; that party would have been a lot better off if they lost, like how most similar parties can only exist as long as they never win. The question is usually if their voters realise eventually what they were doing.

8 years ago
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8 years ago
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8 years ago
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Same economists said that there will be no financial crysis xD
Also - in whole history of socialism - it never caused anything good. EU in this form is not the best idea.

8 years ago
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Why you would link Socalism and the EU in any way is beyond me.

8 years ago
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They have many things in common :)
Like planned economy. Not implemented in 100% yet, but what we have now - I won't call it "free market".

8 years ago
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The economy of the EU has literally nothing to do with a planned economy. There are no 5-years-plans, basically no state-owned businesses, prices aren't set by the government but instead dictated by the free market, you are free to open your own business, you don't have to work etc.
Furthermore, the idea of Socialism is A LOT more than just planned economy. You may want to read up on that here: https://www.marxists.org/archive/marx/works/1848/communist-manifesto/

8 years ago
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You seriously expect someone to believe the propaganda, literally straight from the horse's mouth, so to say?

8 years ago
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Keine Ahnung, was du meinst, aber wenn er meint, die EU wäre sozialistisch und ich ihm einen Link gebe, um sich zu bilden, sehe ich nicht, inwiefern ich Propaganda betreibe.

8 years ago
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You think that linking to marxists.org bolsters the credibility of your argument?
For the other part, no the EU is not a socialistic economy. Not yet. But it's on the wrong track, I agree with him here..

8 years ago
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Sag mal, bist du dumm? Er hat gesagt, die EU sei sozialistisch und ich habe ihm eine Quelle geschickt, in der steht, was Sozialismus ist. Dann kann er sehen, dass seine Ansicht nicht den Tatsachen entspricht.

8 years ago
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Und wen fragst du, wenn du wissen willst, ob Glyphosat gefährlicht ist? Monsanto?
Nur mal so ein Beispiel, um das Prinzip zu verdeutlichen.

8 years ago
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Also sorry, aber du bist wirklich einfach nur dumm.
Das Manifest ist seit ein paar Jahren UNESCO Weltkulturerbe und dessen Inhalt die Essenz des Sozialismus.
Marx und Engels waren die Vordenker des Sozialismus und wenn du den Sozialismus verstehen und dann darüber reden willst, musst du es gelesen haben. Anders ist es nicht möglich.
Wenn du den Plot von Dostojevskis Schuld und Sühne wissen willst, musst du schließlich auch das Buch lesen.

8 years ago
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Nein, du verstehst es einfach nur nicht.
Denn was, glaubst du, zählt? Der Sozialismus, der in irgendwelchen Büchern steht? Oder der real existierende Sozialismus? Klingelts? Ist noch gar nicht so lange her..

8 years ago
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Einfach nur dumm. Du meinst also, man soll lieber einen Sekundärtext lesen, anstatt sich selbst ein Bild über ein Thema zu machen, indem man die Primärquelle liest? Lernt ihr gar nichts mehr in der Schule?

8 years ago
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WTF? Wer redet hier von Sekundärliteratur? Lern erst mal selber lesen, und dann mach mal mit ein paar gescheiten Geschichtsbüchern weiter.

"In theory, there is no difference between theory and practice. In practice, there is."

8 years ago
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Du redest darüber du Vollidiot.
Wenn du das Manifest nicht lesen willst (DIE PRIMÄRQUELLE), dann bleibt dir nur Sekundärliteratur.

8 years ago
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OMG.. Ernsthaft? So schwer von Begriff kann doch kein Mensch sein, der noch einen Computer bedienen kann.
Ich habe kein einziges mal LITERATUR erwähnt, weder primär, noch sekundär, noch sontwast. Null, Niente, Nada.
Du sollst keine MANIFESTE lesen, du sollst GESCHICHTSBÜCHER lesen. Wie kann man einen einfachen Satz mit 15 Wörtern einfach mal so überhaupt nicht verstehen?

Aber von Theorie und Praxis als Konzept hast du schon gehört, ja?

8 years ago
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Holy shit, du trollst nicht, oder? Du bist echt geistig behindert?
Tut mir leid!
Geschichtsbücher sind Sekundärquellen, in denen eine bestimmte Meinung vertreten wird. Was Sozialismus ist, steht im Manifest und nirgendwo sonst.

8 years ago
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.........

  1. Nein, ich trolle nicht.

  2. Ich bin vielleicht geistig behindert, aber von deinem Level anscheinend nocht meilenweit entfernt.

  3. Geschichtsbücher sind keine Sekundärliteratur. http://www.duden.de/rechtschreibung/Sekundaerliteratur

  4. Eine bestimmte Meinung vertreten? Nichts anderes ist ein Manifest.

  5. Was Sozialismus ist, wird am realen Sozialismus bewertet, und nicht in Märchengeschichten und anderen Utopien.

  6. Wenn du wissen willst, was das Dritte Reich war, was liest du dann? Mein Kampf?

8 years ago*
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Allein schon das du eine derart dumme Aufzählung verwendest, bestätigt meinen Punkt.
Geh mal lieber mit deinem bufdi nach draußen und hör auf zu shitposten

8 years ago
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Extra für dich, damit du es einfach hast und auch auch verstehen kannst. Scheint ja sonst eher nicht so dein Ding zu sein.
Ansonsten, Kritik an Form und nicht am Inhalt, ad hominem; alles todsichere Anzeichen, dass einem die Argumente ausgehen.

8 years ago
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Ich klinke mich hier mal ein. Alles eine Sache der Perspektive: Gewinne werden privatisiert, Verluste sozialisiert. Eine Erkenntnis aus den Bailouts im Zuge von Bankenrettungen.

Marktwirtschaft und Planwirtschaft gemeinsam funktioniert doch prima :-)

Auch das EEG Gesetz trieft vor planwirtschaftlichkeit nur so. Nur dessen solidarische Komponente ist ein wenig eingeschränkt zugeschnitten worden.

8 years ago*
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Richtig, gute Beispiele.

8 years ago
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That was a little too big shortcut xD Yeah Planned economy =/= Socialism. But EU is going to really wrong direction imho. What was terrible in comusnism in my country years ago - was central politic. And now I see tha same thing. People in Brussels (or maybe i should say in Germany, as they basically own UE) don't actually care about well-being of people in some small town in England/Greece/Poland. A lot of EU regulations looks actually like they were created for specific country (and against ress of them) some like they were made by people without brain and some looks like they were bought by certain corporations.

Government that is far away from people (in this case really far away - like half of the continent) won't care too much about their opinion.

8 years ago
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I see your opinion but it is in no way linked to Socialism.
So you ought to stop using that term.

8 years ago
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Yeah - you might be right. My bad :)

8 years ago
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No, he's not. Better be vigilant, than to be sorry..

8 years ago
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He is partially right though. I'm not a native english speaker and sometimes I encouter situations when I don't know right word to describe something. Socialism was close to what I wanted to say but it's not the right word. Anyway - UE seems to be more and more shady to me.

8 years ago
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Don't listen to him. He is as dumb as a brick.
You have your point and I think you can communicate it better now :)

8 years ago
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No, he's not right. Don't listen to someone who takes propaganda as gospel.

8 years ago
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The economy of the EU has literally nothing to do with a planned economy.

You mean the extensive financial regulation, unified currency controlled by a central bank, and creation of legal policy based on intentions of lobbyists and social engineers does not constitute economic planning? Hrm... (though this state of affairs is hardly unique to the EU)

The communist manifesto is a funny document. More an agitprop piece than a cornerstone essay. It lists 10 'planks' which are particularly interesting because it's not a stretch to say that most western world economies already achieved every one of them to one degree or another, directly or indirectly. Though that's a long argument perhaps for another time. Suffice to say, modern western economies are far more 'socialist' than the imperial/mercantilist capitalism of old or the ideal capitalism advocated by libertarians.

Unlike the hard sciences, the search for objective fact has not proven a dominant strategy for competing theories of politics and economics. Detachment of agenda from analysis is nigh-impossible. So the field of discourse is a fucked up mess of personal missions masquerading as truth. Labels morph fluidly and goalposts shift to accommodate. Marx was no exception to this. Far from it.

So when discussing what socialism is... well... good luck. Typically boils down to 'Not Capitalism', whatever the fuck capitalism then is. State ownership of the means of production? Labor control of the means of production? Social welfare? Dictatorship of the proletariat or anarchy? The only common thread I can determine is that where capitalist economics focuses on how value accumulates, socialism focuses on how value is distributed. Whether that means the capitalist/labor exploitation theory, social welfare, Keynsian market regulation, etc.

I think it's safe to say that despite the promise, the EU is not a free trade zone. It's a market engineering institution, not a market liberating one. In that sense it's more socialist than capitalist. And if you're in the pro-capitalism camp, that's a problem.

8 years ago*
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You just said it yourself "extensive financial regulation, unified currency controlled by a central bank, and creation of legal policy based on intentions of lobbyists and social engineers does not constitute economic planning? Hrm... (though this state of affairs is hardly unique to the EU)".
These are all things very normal in single states. Whilst the lobbying aspect is not as strong as media makes it seem.
So my point still stands that under no circumstances the EU can be called "socialist".
And I disagree with your second point as well. You can look up any political sciences dictionary and you will find a suitable definition to work with. With that you can compare the state of the EU and the concept of socialism which will, again, lead to the result that there's no link between them.

8 years ago
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Uh... I'm not following your reasoning.

Economic planning/engineering is a matter of course for western economies, including the EU. Therefore they are socialist to an extent. True it's not Marxist state ownership of the means of production, or Proudhon style ownership via labor collectives, but it's very much not in favor of a strict private property/free market dynamic.

8 years ago
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You can argue that a socialist state may have strict food quality controls (economic engineering), too, but that doesn't make the EU socialist. It is so negligible that you can't even call it "socialist to an extent".

8 years ago
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If you think the extent is negligible, I can only say you're not looking hard enough.

8 years ago
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I posted a link to the communist manifesto earlier and I pointed out that you are free to take a look at a definition of socialism in a political science dictionary. After that I am sure you will understand.

8 years ago
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If you restrict the definition to Marx's definition of state ownership of the means of production, you're ignoring a very wide field of movements that flew under the banner of socialism, or how the philosophy affected other movements and institutions.

Or does the 'mixed' in mixed economy refer to something entirely different?

8 years ago
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Let's let the invisible hands regulate the market :)

8 years ago
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8 years ago
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Yup - if I wan't to invest my money - I'll meet good economist and pay him. Not listen what economists says in morning TV. If I'm sick I will go to doctor but I won't buy some random drugs that I saw in the comercial. Some economists warned about incoming crysis 2-3 years before it occured. But what we heard in media was something totally different. It was not a mistake but clear manipulation.

Same here. British money is loosing value because people are panicked and "economists" mentioned above are doing their work. We have to wait some time to see real consequences. When people will calm down.

8 years ago
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8 years ago
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I say that the media are not there to objectivelly inform you about whats going on but to create specific view for the masses. It's not like everybody can go to televission. They invite people who are going to say what they are supposed to say - which is not exactly the truth.

8 years ago
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8 years ago
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Short term effects. Lets continue this discussion in one year :) I don't saythat Illuminati controls world, but there are people who benefits from EU. Ofc they will buy some specialists to say what they wanted.

8 years ago
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finance =/= economics but I understand why people don't know the difference

8 years ago
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In case of investing money you actually need knowledge in both those fields :) Especially if your investment depends on other peoples choices.

8 years ago
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Except that Civil Engineering, for example, is a science. Medicine as well. Economics? LOL, no..

8 years ago
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8 years ago
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Welcome to the 21st century

8 years ago
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Finance is a science.
Economics is a "social science", which is not true science. Economics is not perfect, but a lot of it is actually quite sound.

8 years ago
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Exactly my point. "Social science" is not real, hard science.
That does not mean that Economics is without any value. It is useful, when done right.
By the way, Finance is not a science either, it's a profession. Math is a science, that's what these guys use, but it doesn't prevent them from having their predictive models backfiring spectacularly.

8 years ago
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Well, part of it is that people are using models they don't understand. (I've actually had someone at an investment bank admit to me that they just stick numbers into a black box and accept the results)

Here's the easy explanation as to how/why that happens. Junior analyst gets hired fresh out of college. Managing Director says to create a CDO from a portfolio. Junior analyst asks "how does this work?" MD doesn't have time, and tells Associate "shut up and just do it already". fastforward 10 years, junior associate is now the managing director. Next junior associate asks how it works, MD replies "shut up and just do it already"

8 years ago
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The financial specialists of banks caused the whole worldwide crisis...
But hey, let's trust their word when it benefits our point of thinking right... the specialist have never been wrong, except for all those various times they've been horribly wrong (which is almost always)!

8 years ago
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8 years ago
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Problem is that economy is not that complicated. You can talk for hours about financial safety - but if you forget about basics - it all means nothing.
If I have one coin - I can't buy anything that costs 2 coins. But economists will say that economy is complicated and you should trust them. People wan't to believe that those specialists are right - because hey, they made economical black-magic-that-is-too-complicated-for-me-to-understand and now I can buy things that I can't afford. But later everybody is shocked when crysis occurs.

8 years ago
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8 years ago*
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True. But also true is that people shouldn't turn off their brains when "talking heads" are speaking.

8 years ago
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Your example isn't economics, it's math. Math says "if I have $XX, I can spend $Y and $Z". Economics says "based on current facts and reasonable projections, we can expect to take in $A, and we expect the cost of blahblah will probably be $B, so we should have $C left over". It's also "If we borrow $X, and spend it on blahblah, then that should increase our tax revenue by $Y".

Economics is trying to predict how certain policies will affect the overall revenue of the country. The amount of taxes a government receives is not like a paycheck, where the amount is fixed, or easy to predict. Same with a lot of government expenses. And economics is about how expenditures and revenues interact with each other.

Now, keep in mind that economists don't actually have much input. In the end, it's politicians who make most of the decisions that affect the economy, not economists. And quite often, what is politically preferable is not the best thing economically. For an easy example, economists all agree that during boom times, government should decrease spending and pay back as much debt as they can. But, when the economy is doing well, politicians don't want to cut spending, because, hey, times are good, no need to cut back. And that will result in more problems.
not to mention that (a) there are different streams of thought in economics, they don't all agree on everything, and (b) politicians tend to pick the economists, and will choose the ones who most support their political views

8 years ago
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Average politician knows less about economy than you or even me. And usually they know less about math than 5 y.o.
:D

8 years ago
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I don't agree with you and I don't disagree with you.
I'm pretty sure the average politician knows more math than a 5 year old. I just don't think they care.

More precisely, math matters less than ideology or politics. They'd rather do what's popular than what's right note: popular either with the voters, or with the donors
Remember, a politician's job is not to run the country, a politician's job is to get re-elected.

8 years ago
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Sad but true.

8 years ago
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It's pretty much always been that way, the "specialists" just make a calculation of the results of said actions, never make the actions themselves.

So...

8 years ago
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but finance is not economics, and financiers who work for banks do not operate in the same realm as economists who work for governments.

I know most people don't know the difference, but it's huge. Finance/banking is about math, economics is about predicting behavior (more precisely, how behavior impacts a region/nation/world financially)

8 years ago
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Dingbat's on the money here. Though there is much cross-talk between the fields.

The 2008 crash was caused more by the disastrous policies designed by economists, than by the actions of financiers who merely responded to the conditions set by the economists.

8 years ago*
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It doesn't take a lot of work to determine that the vast, vast majority of publicized economists are shills. Paid to legitimize policy rather than uncover factual reality. Even the Austrian school economists who probably come closest to being correct have agendas they can't shake from their analysis.

It's a problem endemic to the social sciences. You can trust the word of a physicist when it comes to physics. You can't necessarily trust an economist when it comes to economics. Especially when they're spouting nonsensical bullshit like 'the economy would recover if people spent more consuming goods'.

8 years ago
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unfortunately, you picked a bad example, because it makes sense to say that the economy will recover when people spend more on consuming goods. The problem is that economics, like many other things, really shouldn't be reduced to just a simple sentence.

For a somewhat longer explanation:
When people buy more goods, the stores need to hire more people to sell the goods. Those stores buy the goods from factories, who need to hire more people to make the goods. The goods also need to be transported, so more drivers need to be hired to transport the goods. Those additional factory workers and drivers will now be earning a paycheck they weren't earning before, so they have more money, which they'll probably spend buying more goods.
So, yeah, the logic is fine. The question is, (a) how to get people to spend more consuming goods, (b) how to pay for that initial increase in spending / where will the money come from, (c) how much more should be spent on consuming goods (especially taking b into consideration), and (d) what's the overall effect.

Basic Keynesian economics, which is pretty much the foundation of all modern economics, is that during a recession the government should spend money to stimulate growth (and, equally important, that when the economy is doing well, that the government should pay back any loans they've taken out, and to build up a reserve). The problem is in figuring out how much the government should spend and figuring out the best way to spend it. The bigger problem is getting politicians to do the right thing, rather than what's popular or politically savvy.

8 years ago
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Actually I chose that example precisely because of the reasoning you provided. It's bunk. Putting the cart before the horse.

Economies grow and are maintained through investment, not consumption. Investment requires that resources not be consumed. If the economy shrinks, the solution is naturally to let it grow. And the only way to grow it back properly is for consumers to cut down on consumption, saving the rest, and allow the banking system to then loan out to businesses that seek profitable ventures. If the interest rates are allowed to be dictated by market forces instead of central bank fiat, time/interest/available funds will coordinate to provide saved funds towards the best investment opportunities¹. i.e. The best avenues of growth/the best route out of recession.

On a more local level, isn't it fucking bonkers to demand that households who feel the pinch use up their scarce money on buying frivolous shit? What are they too do when their accounts run dry, borrow more and cause further burdens down the road?

To address your points.

  1. How to get people to spend more on consumption. Right, how to get people to act against their own rational self interest.
  2. How to pay for initial increase in spending. Take loans to kick the can down the road, and/or introduce inflation.
  3. How much more should be spent. Take it to it's logical conclusion. Nearly all funds spent on consumption, nothing saved for investment. That'll fix things for sure.
  4. Overall effect. I'd call it auto-cannibalism.

Also, John Maynard "Muh Animal Spirits" Keynes. The very model of modern major shill-conomist. Writes a book that convinces people that government intervention in economics is desirable. Gets lauded as a visionary by pro-intervention government, media, and academia. And despite supposedly having the textbook on How To Recover From Recession, how many boom'n'bust cycles have occurred since its publication? How successful were QE's 1 through 3?

¹That the interest rates are set by fiat from central banks is largely what causes the boom'n'bust cycle in the first place. Cheap credit leads to malinvestment leads to painful economic correction when reality kicks in.

8 years ago
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here's a simple rebuttal:
You can have all the supply (production) you want. If no one can afford to buy it, the economy still tanks.
(this was actually the case in the beginning of the great depression).

Basically, if there's demand, people will find a way to grow the supply. But if the supply grows beyond the ability of people to afford consumption, you're at a dead end. Think about cell phones: by now, everyone has one, so there's no new buyers, just replacements.

as for Keynes, it's a starting point. Economics has developed beyond that and gotten more detailed. As for boom and bust cycles, they've been happening as far as records go. The goal is to try and make it more level, so that the busts aren't as bad. But even having the best manual in the world won't help when politicians don't act on it
what you're suggesting is basically supply-side economics, reagonomics, trickle-down economics. the 2000's are a great case-study in that, insofar as that's exactly what Bush pushed, and it resulted in the great recession.
The other thing you're suggesting is Laissez-Faire capitalism, which is basically "hands-off". There are pros and cons to it. Personally, I believe some regulation is necessary, but too much regulation is problematic

8 years ago
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If there's surplus production, prices go down. i.e. becomes more affordable. Supply and demand. And I'd argue that since stimulation inevitably results in inflation at some point (because new money will have to be injected into the system), it actually makes things harder to afford in the long run.

Yes, if there's demand, supply will follow. But it can't be fiat'd into existence. It has to grow from an existing capital base. Compound growth is more effective on a larger capital base than a smaller one, and consumption eats into the capital base. Now if you'd say that buying real estate is a good idea in a downturn, then I'd agree with you. Because besides the consumptive benefit of having land/building, it's also a natural investment. This line of reasoning also goes for smart phones. They're not just toys you fuck around with, they enhance productive ability of their users. If they're used for more than Clash of Clans, of course.

Demand can motivate growth, but it cannot provide growth.

"as for Keynes, it's a starting point. Economics has developed beyond that and gotten more detailed."
I've mentioned the Austrian school a few times already. It's been developing since Keynes' time as well, and I find it far more convincing. Mainstream economics has a serious conflict of interest problem. And further developments do not overturn the fundamentals. Einstein didn't make Newton obsolete.

"As for boom and bust cycles, they've been happening as far as records go."
Because states seeking cheap credit to secure power, build monuments, wage war has been going as far as records go. And the Tulip Bubble was not nearly as disastrous as the bubbles of the 20th/21st centuries after a) The US founded the Federal Reserve (under shady circumstances), b) WW1 obliterated imperial politics and replaced with welfare democracy, c) currency lost it's gold backing (first by transferring to US dollar backing, then pure fiat), and d) Keynes wrote a book that said the solution to a problem caused by overcheap credit is... overcheap credit.

"But even having the best manual in the world won't help when politicians don't act on it"
I shall cite Quantitative Easing once more. They were cooking by the book, and they weren't lazy.

"what you're suggesting is basically supply-side economics, reagonomics, trickle-down economics."
Nothing of the sort.

"the 2000's are a great case-study in that, insofar as that's exactly what Bush pushed, and it resulted in the great recession."
The 2000's are a great case-study of Austrian cycle theory: The Fed set a stupidly low interest rate to allow the US Government to afford the Afghanistan and Iraq wars. This made mortgages cheap and led to the housing bubble.

"The other thing you're suggesting is Laissez-Faire capitalism, which is basically "hands-off". There are pros and cons to it. Personally, I believe some regulation is necessary, but too much regulation is problematic"
As an pro-Austrian school kind of guy I am indeed favor of laissez-faire. But elsewhere I drew a comparison between it and both contemporary capitalism and historical imperial capitalism. The 'cons' to it are addressed by libertarian philosophers, and I'd suggest checking out David Friedman's 'Machinery of Freedom'. If you have a question about the problems of laissez-faire, David probably addressed it succinctly at some point. In particular he wrote a wonderful section regarding the problem of monopolies.

As for regulation, non-state regulation exists and has proven effective. State regulation however results in a conflict of interest issue. Who's writing the regulations? God help us if it was the politicians, who have demonstrated complete ignorance of modern computer technology as an example. No, it's written by the lobbying corporations. Big Business. Who write the regulations in such a way that they can afford to comply, but their smaller competition cannot.

8 years ago*
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article you might find interesting

Note that it's widely accepted (by economists) that getting of the gold standard helped countries out of the great depression, and the sooner countries left it, the sooner their recoveries began. (there's also a logic fallacy with your statement " (first by transferring to US dollar backing, then pure fiat),", but I'm sure it's an honest mistake)

I don't think the Austrian School and Mainstream Economics are completely incompatible, and there are good things to come out of both.

As for prices going down when there's a glut of supply, it's true, but there's a lower limit on prices. If the price drops below the point where an item would be profitable, that's the end of it. (if the price is less than the cost of the raw materials, the labor, transport costs, etc., it will no longer be produced)

Anyway, it was a pleasure debating with you, but I'm pretty sure we'll always end up disagreeing on these matters. Feel free to continue if you want.

8 years ago
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It is indeed interesting, and I'll delve more into this panel's findings. I immediately noticed a good sign when their list of leading economists doesn't include Paul Krugman. Also, from the Bloomberg article linked from Freakonomics: "The debate in Washington about economic policy is phony. It’s manufactured. And it’s entirely political." Holy shit I can only agree with that sentiment so much.

RE: Gold Standard
I was talking about how the gold standard was replaced with Bretton Woods, which was eventually Nix'd. And going from gold standard to fiat basically launched an inflation rocket. It certainly makes Keynesian stimulation infinitely easier, but at what cost? It is loose monetary/fiscal political policy that causes economic problems in the first place, something centralized fiat currency only further enables. Fiat currency might work well enough in a free banking system without a central bank, since I doubt gold/silver production in the past couple centuries could keep up with total economic growth enough to prevent massive deflation. And then there's the cryptocurrency alternative.

RE: Supply and profit floor.
If the price of a good falls so low that it's barely profitable, then productive capacity can and should be redirected towards other goods. This is how we transitioned from agricultural to industrial economy in the first place. The Industrial Revolution made farming and food so fucking cheap that the population could actually move on to manufacturing, making manufactured goods so stupidly cheap that the population could move on to information production, making data stupidly cheap, etc.

8 years ago*
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It was stupid because the absolutely only benefit that the UK might experience, is that they are indeed free to establish their own treaties. Questionable is if the resulting treaties will be better than what they'd have achieved as a part of the EU.

Everything else that Leave promised was nonsense. If UK still wants access to the single market, they'll have to pay, just like everyone else. And this time without a special rebate just for them. EEA members pay less, but with that rebate the UK had in the EU, the differences really aren't worth all that turmoil.

Immigration? Will still happen, if they want that single market. EEA members follow the very same rules as the regular EU members. Yeah, there are ‘safeguard measures’, if immigration should become too extreme. But those are only allowed temporary. And the UK wouldn't be qualified for them, as their per capita immigration pales in comparison to the immigration that Norway or Switzerland experience.

The UK falling apart is certainly another great achievement of Brexit. I can't imagine that Scotland will remain at all. I don't expect the same for Northern Ireland, but it's crazy to risk peace and prosperity, if you reasonably consider what you gain in exchange for those risks.

So no benefits, but plenty of disadvantages. Like not being able to vote or shape those rules they'll have to follow.
If they previously complained about the EU not being democratic, that certainly makes you question their sanity. What more did they need than the warnings that Norway constantly gave the UK, that having it their way was only disadvantageous?

But hey, Farage and Johnson and all their fans will still insist that they'll manage to create a deal, that gets them all they want. That the EU just outright ignored such attempts from Switzerland, after their own referendum on immigration? Meh!
That smart bunch is still delusional that they'll surely convince the EU to agree to a deal that would unsettle everything the EU stands for and upset the population in all those remaining 27 countries. Nothing easier than that, considering the amiable relations they have to the EU.

And if that wasn't enough, the political climate that Brexit cultivated is more than enough for me to condemn them.
http://www.lbc.co.uk/im-so-scared-now-german-woman-hit-by-xenophobia-calls-james-in-tears-132971
Yes, I do know that not all of them are like that. But I also do know they are responsible for the rise of xenophobia.

As you sow, so you shall reap.

8 years ago
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The European Union is a broken system, made for the benefits of the rich.
Still, some of the people voted for the brexit (not all of them obviously), because they are selfish and racists and don't want to help the immigrants. About them, I would love to see them in those immigrants' shoes, trying to find an asylum and nobody accepting them. Only this way, their little brain would understand that racism is not a good thing. -_- By the way, racists (and bigots in general), take my d*ck please.
But anyway, I think that the Brexit is good. Maybe it's the beginning of some chain events that would destroy the European Union and make a system somewhat more fair. You like safety so much that sometimes you forget that fairness and equality are much more important. That's why a lot of far-right political parties are gaining power every day. Think before voting next time. ;P

8 years ago
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The European Union is a broken system, made for the benefits of the rich.

Show me system that's not made for the benefits of the rich :(

8 years ago
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Maybe there are some. But even if there aren't, why would someone support a broken system? If you wouldn't have any working clocks, would you stay with your broken clock just because it's the only one you have?

8 years ago
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If mine clock would be the one least broken from all the clocks around the world, yes.

Who knows, maybe someone will figure out system where everyone is equal and all.
But knowing humanity, it will end with one guy who will figure out how to get all money/items from himself anyway...

8 years ago
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But if the clock isn't working, why keep it at all? Just create a new working one. It'll take time, but you will eventually succeed. ;)

8 years ago
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Humanity tries to make political systems for at least 2000 years. You can see how it worked so far.

So, I think I'd prefer to stick to my clock without one hand than trade it for the one without any hands :)

8 years ago
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Humanity tries to make political systems for at least 2000 years

Closer to 3000 I think. Maybe even more.

8 years ago
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Well, Damascus has been inhabited for approximately 11,000 years, and Byblos and Susa 9,000.

8 years ago
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That's true, but did they really have a political system? I thought it was more a thing like the rich families ruled or something like that.

8 years ago
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that is a political system
Per wikipedia:

A political system is a system of politics and government.

8 years ago
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that is what you call the SU, it was all communism and it failed.

8 years ago
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Well, I suppose now UK is free to make their own system, for the benefits of the poor. They will probably succeed in throwing out all the rich people, financial organizations and industries towards the EU anyways (most of them stated that in case of Brexit they would relocate).

Remember that destroying a distressed democratic system and replacing it with something else has only had one effect so far in history: war. And with it, poverty, injustice and suffering. You destroy the EU, and you're suddenly in 1936 again.

8 years ago
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Fear is their weapon. You are too afraid for a change that you prefer to stay within the same broken system that make the poor people poorer and the rich people richer. UK has money. Rich people want to leave? Let them go to hell then! In Greece, most rich people don't pay their debts but they do not face any consequences for it. If that's happening in UK too, why do you want the rich people there anyway? Maybe the pros of them leaving are far greater than the cons?

8 years ago
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I wonder how Europe had peace before the EU, when the EEG was still present, all was well... nobody goes to work with co-operation. You don't need some bureaucratic BS system to prevent war.

Infact I remember the EU bullshit started a war in Ukraine. 300 of my countrymen died due to that. Yes, some peace. Thanks, EU!

8 years ago
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Peace in Europe?

That only happened when there were only monkeys here. Hard to find some time in Europe's history when there wasn't some war going.

8 years ago
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The EU started a war in Ukraine? Really? :|

8 years ago
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The UK left because of they think they are keeping the system up and pulling themselves down. look at the poorer countries in europe

8 years ago
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From what I heard in news, guy who is supposed to be next Prime Minister already talks about making referendum-bis, just to make sure British people really want to exit.

And if they confirm "yes, let's quit", he'll probably ask them again "are you really sure"...

8 years ago
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ofcourse he will,

some say this choice has a really big invluance on the brittish econ, and when they saw that people lost interest in the GBP they were shocked.
if there will be a 2nd vote, outcome will be different

8 years ago
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And that would mean they don't even care about the decisions of the citizens and they only want to persuade them to change their mind. -_-

8 years ago
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They want to ensure people are 100% of their decision with REAL facts on the table, not bullshit propaganda both sides showed before the referendum. I mean seriously, every Leave leader is now backing on their claims made during the campaign. :)

8 years ago
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So, are you sure it's not about not giving a f*ck about the people's decision? :P Because I think that's what it's about.

8 years ago
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The referendum wasn't done for people to vote UK out of the EU, it was done to consolidate Cameron's position as the PM. Unfortunately for him, things didn't go to plan. I personally feel that leave voters who talk about democracy forget that only half of the country voted, and the decision of 17 million affects 64, not 17. Personally I feel that a second referendum will not happen, but a way to make people be 100% of their decision should be found.

8 years ago
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It was good , can't wait for other countries do same thing.

8 years ago
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EU system is just horrible. Remaining in the EU may have benefits for British businesses, but that's not the same thing as benefiting British citizens. British is well off enough that it can establish separate trade agreements and not get sucked into having to prop up countries with crap economies.

Certain western governments taking being a good global citizen too far. They need to focus on ensuring their people are taken care of ... not at the expense of others, but I feel like Britain, Germany and the US governments have their priorities wrong.

8 years ago
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Can you explain me in points why is the EU system horrible? And how will the common British citizen be better outside the EU? WIll he be richer, will he have more jobs available, will he pay less taxes or have more security?
My country is the most afflicted by immigration atm and yet most of us hope in coesion of Europe. I just find it silly that GB left because of a problem it's not half as big as ours...(let's admit it, many people voted thinking about immigration and not about the socio-economic consequences)

8 years ago*
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Too many countries at differing stages of economic development in the EU. Difficult to find an appropriate balance. For businesses, it's good to be able to easily shift manufacturing off-shore. Benefits to people are less clear. Someone above mentioned free movement of labor. But really, anyone who is qualified for a job can get a work visa through the employer. It's more the low income segment where you'll see people from poorer countries moving to the wealthier nations, not the other way around.

Britain will be better off negotiating individual trade agreements. It will be a little more time consuming, but most countries have them, so it's nothing new. Frankly, I haven't seen compelling arguments as far as why being in the EU has been particularly good for the UK, or how it would have been beneficial moving forward.

8 years ago
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I do agree with you, some choices were arguable, for example the choice to let weak economies adopt euro or to allow them reciveve off-shore industries immediatley after entering the EU. Also the EU was not able to take position on the migrants crisis, neither helping the migrants (too many died already) nor the countries where they arrived. And finally they failed to create an "euopean feeling", keeping themselves too distant from common people, not letting us know their decisions (in fact all that I read on newspapers are only bad news and stupid decision).

But despite all, if you have time to do a research about all the traties and agreements, you'll find out that there are lots of positive arguments. Freedom policyes, health policyes, access to internet, security cooperation (Europol), erasmus projects are just some points that were very successfull in my opnion. The are a lot of minor things that the EU enhanced in your life and you never realized wheter because nearly invisible or because you had no access to it (just an example: junk food has a very hard life on our market because of the customer and health policyes implemented by the EU, if you compare it with other markets).

Don't think I'm angry or something, it's just a debate. I always disliked history but one thing I saw: separatism never brought wellness or stability :)

8 years ago
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On your good points, I'm reasonably certain Britain was doing okay on freedom, Internet access and security cooperation. The health system is known to be a mess, but at least it provides universal coverage. I think some of that stuff has more meaning to people in developing economies.

The biggest thing I hear about is leverage of the rest of the EU for trade agreements, so we'll have to see what the UK can leverage on its own. I read that certain countries do most of their "EU" trade with the UK, so in some cases the UK will probably be fine.

Assuming the decision is final and members of Parliament don't step in to ignore the referendum, I'm not more curious to see how it all plays out in practice. All the stuff we're talking about is just theory.

No issues on your comments. All has been perfectly civil. :)

8 years ago
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A lot of people were worried about the amount of decisions made for us by unelected and unaccountable elements within the EU - especially trade deals. The majority of our exports go outside of the EU and many people felt we would be better making our own deals with growing economies while large areas of the EU seem to becoming increasingly stagnant. Quite aside from the proposed TTIP deal that could have been forced on us that many people were very worried about.

How it will all work out remains to be seen and anybody who claims to know how rich any of us will be in the future is talking crap.

Lack of control over immigration was a major issue but 17 million people didn't vote out just because of that. And not all of those were dumb enough to think that we won't still have to accept free movement in order to access the single market. Most of those had put at least some thought into the socio-economic consequences and assumed things would likely get worse in the short term, but felt it was worth a little pain and risk in the hope that things would be better in the future.

Beyond that austerity has left a lot of people here in shitty situations with little hope. Those people haven't had much say in general elections lately because politicians have written their areas off as never likely to vote for them and left them to rot. They were ready to vote for anything that offered change.

8 years ago
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It's much easier to put people in little segments as "old xenophobic people" rather than actually accept the EU is failing economically, and the Brittains are wise to distance themselves from it.

8 years ago
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Austerity was a huge mistake that flies in the face of classic economics (and something most economists at the time disagreed with)

8 years ago
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Well for us austerity has certainly caused a lot of pain and literally achieved none of its targets with regards to debt reduction, etc. It's caused stagnation and widened the gap between the rich and poor despite the 'all in this together' mantra that it was sold on. Many people looked at Europe and saw the same stagnation and ideological austerity spreading and then looked at the growing economies elsewhere that we have traditional ties with from the commonwealth, etc...

8 years ago
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again, austerity was a huge mistake. It was politically motivated, rather than economically motivated.
Basic economics would have predicted that it would make things worse - as happened in the US in 1937, as a result of the Banking Act of 1935.
(the economy had begun recovering from the great depression in 1933. in 1936, the US raised reserve requirements, which is basically austerity in a different form; this caused a mini-recession)

8 years ago
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Much like the England football team the same mistakes are made over and over. At least I'm Welsh.

8 years ago
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during the time I lived in England, every two years you'd hear "this is the best team ever, we're totally gonna win it this time", despite being no better at either coaching or playing than the last time.

8 years ago
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This guy's got it. I hate the EU for more reasons beyond that, but it's one of the big issues.
+1

8 years ago
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I do agree with the part about what benefits businesses need not benefit the people. But I do not agree with some of the rest of the argument.

The central issue here for me is that no country in the world (not even the US, as we are seeing more and more clearly) can function on its own. Political cooperation is crucial and the economic well-being of a country is dependent on its success to work well with other countries. That is why we hear so much talk about bilateral and multilateral agreements. Truth be told, I think that the EU is one of the most successful modern political concepts. It is the culmination of the idea of multilateralism.

Britain definitely does have its priorities wrong. It values national benefits over collaborative ones, and has been doing so for decades. That way, they have created a very cushy economic position within the EU (in comparison to most other countries) and a mindset of aggressive disrespect towards the whole body of the EU (while also accumulating a lot of ill will). Only in time will they see that many of the intangible benefits that they have been receiving easily make up for the easily calculable costs.

The three countries you mention profit strongly from these multilateral agreements. The fact that Germany has 40 % more export than import (Britain has 30 %) is worrisome. The average ratio is obviously 0. Because for every export there has to be an import. This disparity boosts local economy, job market and wealth of selected countries at the expense of other economies, job markets and wealth.

Frankly, if people want to point fingers, then it should be pointed elsewhere, e.g. at concepts of national entitlement or too liberal financial and economic regulations. The financial transactions market for one is killing world economy and destroying the concept of global collaboration.

Anyway, just my 10 cents...

8 years ago
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The UK is pretty good on political cooperation as it is. A government should put its people first -- but yes, ideally in the context of an interconnected global community. China, for example, is a case of a government that wants to succeed at the expense of other countries. The UK is nothing like that.

I generally think there is too much pressure on the US, UK and Germany to take positions that benefit the world at the expense of its own people. There is a balance, and some of the left-leaning political parties seem to forget this, which in turn has allowed the extreme right to flourish because they speak to an underlying concern that has been otherwise ignored.

I don't think anyone really believes or trusts the idiots in the UKIP, but the fact that they've gotten traction means that the UK government has not listened well enough and its citizens feel there is something fundamental that's been ignored.

8 years ago
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Thanks, Chairmankao, for the exchange.

I can pretty much agree to that assessment. The only issue I would phrase differently is the point you make on the responsibility of the left for the flourishing of the extreme right.

I would suggest that we live in a time of extremes, due to eroding social fabrics and structures. The fact that we have more or less abolished religion from our Western societies means that the societal contract that has governed our lives for centuries has also been abolished. This has created a need for alternative belief systems, left and right extremism being just two examples.

A point that I would add is that by their vote the UK has made it much harder to continue its politics of cooperation. This has hurt their perceived reliability in the short term. Longer term outlook will depend on their actions from hereon.

8 years ago
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Well our economy is fucked and will only get more fucked as more companies sack workers and pull out of the country due to losing their passport to make trading within the EU easier, so of course I don't think it was a good idea. I also liked being able to move around Europe easily, one might call it a quality of life advantage, and not having my country in absolute turmoil while the people who put it there have no idea what to do now, with the rest of Europe wants it to get its shit sorted out so they don't have to worry about their economies being screwed over as well.

8 years ago
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Yeah ive heard that 24 companies from china or something like that is planning to fire almost 124k people till 2017 when they will move to a new place probable italy or germany i dunno.
If all those people live in UK that is around 0.1% of the population and that is pretty bad.

8 years ago
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Look at all that fearmongering.
And blatent lies. You know you're allowed to travel around the EU fine, right? It's actually staying in a country or working that'll be done by visa, which is just formality really.
And anybody seriously thinks the EU will not trade with Brittain while they are in economic despair. Seriously?

8 years ago
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Yes, I have left the country before and understand the governments of other countries do allow you to move in and out of them for periods of time dependant on your purpose there-absolute freedom of movement in Europe and the chance to call ourselves citizens of something bigger than our little island is what we lose. I'm not going to go on about how this is already affecting jobs and economy, because you seem to have made your mind up that this whole thing is a conspiracy, so please don't bother me with a reply.

8 years ago
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that's not accurate. A visa is not the same as a work permit or a residency permit
Taking the EU out of the conversation for now, a visa is required to visit any country. But a lot of countries have agreements with each other that each others' citizens are automatically granted a 3-month visa upon arrival. Such a treaty exists between the US and The Netherlands. On the other hand, no such treaty exists between The Netherlands and Australia. If you want to visit Australia, you need to obtain a visa in advance; if you show up without one, you'll be turned away.

Citizens of members of the EU do not need a visa to visit another member country. However, when Britain leaves, their citizens will be required to obtain a visa to visit any country in the EU. I believe that the EU membership superceded any prior agreements, so Britain will need to negotiate, or more likely it will be part of the exit negotiations, some kind of visa reciprocity program. (which will probably happen, so in practice we won't notice any difference)

8 years ago
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BREXIT THE MOVIE (documentary)

https://www.youtube.com/watch?v=UTMxfAkxfQ0

8 years ago
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My logic is that, in order to change the situation, I must be convinced that the cituation needs to be changed. So I look at what the leavers have to say and... Well, here's a video about Brexit by John Oliver that sums up my view on things:

https://www.youtube.com/watch?v=iAgKHSNqxa8

That is a short version of my view, of course, but it shows that UKIP fellas are not to be trusted and do not deserve any respect, and their arguments suck. So why would I support them? Plus now that Scotland and the Northern Ireland are willing to stay in the EU and thus may break they ties with England, it seems to me that UKIP, despite swearing to unite Britain, did a lot to break it apart.

8 years ago*
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ops, I didn't refresh my page beore completing my post, and ,well,.. ironically I've posted the same video :D
It seems we share a similar view ;)

8 years ago
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Great minds think alike, I suppose :)

8 years ago
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Yeah, the UKIP guys are idiots, so my sympathies to anyone in the UK.

That said, John Oliver does not make any good points. First time I've watched John Oliver. He's clever, but he doesn't seem particularly knowledgeable. He's saying that there's the possibility that an exit will cost more money, but it is based on a bad assumption. He has no understanding of how UK trade and economic policies will change, which they must.

I still haven't seen anyone speak to how remaining in the EU would have benefited British citizens.

Don't forget, the UK isn't the first member nation that's discussed leaving, so people need to stop blindly believing that the EU is this wonderful thing. Not saying the EU is a bad concept, but the execution has been poor.

8 years ago
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John Oliver might not know the details, but those dozens of institutes that expressed the very same concerns certainly do. But you probably share the thoughts of Gove on experts?

8 years ago
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Please, put forward actual information instead of simply denigrating anyone that has a different opinion. And blindly pointing to other institutions without actually knowing what they said doesn't count.

8 years ago
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If i remember correctly the reason brexit will (probably) cost more money to UK is because of 2 reasons:
1) UK is one of the founding EU member and has better deal then most other EU states for the EU market as such if EU feels spiteful it can be very harsh on the UK.
2) UK will be negotiating the deals against other countries, theoretically since they don't have the EU economy behind them their foreign influence should not be enough to get better deals then when they were in the EU.
While nobody knows how this will unfold, it will be most likely more expensive for the UK. The question is if those trade deals will be better than when they were in the EU.

8 years ago
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1 is total BS.
2 is up for grabs. Seeing how they have a lot of additional partners that they can offer a good deal that wasn't allowed under the EU, it really depends on who wants to trade with them. Overall I have a feeling they'll be fine, as even the EU will give them a good deal since as important exportation destination we can't miss them. It's all fearmongering.

8 years ago
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+1. It's silly to think the EU will be spiteful. And some countries do enough trade with the UK that on the whole, it's likely the UK will be okay when negotiating separate agreements.

The EU probably represents a bigger benefit some of the smaller countries that really have no scale. Countries like the UK, Germany and France likely would all be okay independently. I can see an argument about the sum being better for the whole of Europe, but it is unrealistic to expect citizens to prioritize that over their own country's well-being at a time when their country's economy isn't doing well.

8 years ago
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Well, here's a video about Brexit by John Oliver that sums up my view on things:

Thread won.

8 years ago
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Thread lost.

8 years ago
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Don't worry, lack of a sense of humor isn't a fatal condition, IME.

8 years ago
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Humor? That clown's "news" show?
Bless thy sweet ignorance...

8 years ago
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Ok, then, go ahead, enlighten me?

8 years ago
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Beautiful John Oliver's videos on this.. (I admit I agree completely -well, more or less- with his points of view)

Last Week Tonight With John Oliver: Brexit (HBO)

Last Week Tonight With John Oliver: Brexit Update (HBO)

8 years ago
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funny part is that, now after the election is lost for them, voices call for a new vote.. democracy's finest.

8 years ago
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Yeah, it's like they are saying "vote to decide, but if we don't like the result, you have to decide again". xD It's like the referendum that happened in Greece, at which we disagreed with the austerity measures, but then our corrupted politicians started saying that we didn't exactly mean that with our referendum's question, so in the end, they didn't even care about our decision. XD

8 years ago
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Yeah, but it'll be a more democratic referendum. With only one choice so people can't get it wrong.

8 years ago
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Don't you just "love" EU democracy.

Our PM just blatently lied saying "my citizens don't care for this referendum, so we won't do it"... yeah, that's why the previous 2 EU votes totally went anti-EU, since we loooooove it...

8 years ago
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I thought they ban political topics on gamer sites.

8 years ago
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That sounds wonderful, where did you hear that?

8 years ago
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That is like no.1 rule on any gaming sites i've visited from my exp.But i am more of a lurker so maybe things have changed.

8 years ago
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Yeah, I've seen that rule in a few places, but nowadays I guess people are fine with bringing politics up anywhere, oh well.

8 years ago
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The UK has already had its credit rating downgraded, so I would say it is a bad thing.

8 years ago
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I think that the Sterling only fell in price because people knew that they could take advantage of the uncertainty to buy at all time lows, just so they can sell(or actually buy something with it) for way more than they spent once it rises back up.

8 years ago
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Such is speculation.
Bit silly to decide a currency's worth on gamblers and people who go batshit crazy if things go different than they expect, but that's how it is :/

8 years ago
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That actually makes no sense.

The Sterling fell because a lot of people panicked, and took their money out of england.
And when it started to fall, more people panicked, and took their money out too.

Now, some people took advantage and bought at the new low, so it's had a slight bump up again, but that's not enough to make up for the loss

8 years ago
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I think everybody is being very shortsighted as far as this Brexit is concerned.
Of course there will be a big hit to start with, good or bad, this economic hit was coming no matter how awesome a Brexit would be.
This is like operating without an anesthetic, you can't say it will be painless, that's the biggest bull ever. It will hurt like hell, but then what?

In the long run we will see if Britain bounces back from this, and if so, will they be better off or not. I think it won't be as bad as all the doomsayers say, they are just looking out for themselves.

Is Britain the new Switzerland or Norway? Hell no! The truth lies somewhere in the middle. Wait and see.

8 years ago
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Yeah, exactly. In the short term, there will obviously be problems (nobody knows how many though), but in the long term, I'm sure they'll be fine. It's just not certain as to how long the problems will last and at what level they will get out of it.

8 years ago
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Hey! No worries. You still have Greece in the EU.
Now if Germany leaves the EU is in trouble.

8 years ago
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8 years ago
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You do realize that Switzerland is highly dependant on the EU? And pays a lot of money to the EU? And has to obey EU laws without the option to veto?

8 years ago
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Haha, yeah bruv go live in Switzerland for a couple of years and see how that works out.

8 years ago
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8 years ago
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I do wish we did, most of the citizens here wish we did.
But our politicians... well, they're firmly pro-EU. And very strict in not giving their people a vote just to prevent us from saying something they don't want.

8 years ago
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Well it's probably good for the rest of the EU if that counts?

8 years ago
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the UK was the only country which donated military equipment to protect the EU boarders from the constant reffugies attacks and by attacks I do mean literally attacks... exactly 2 days after they donated the 9 military jeeps to bulgaria, the boarder was attacked by them and these jeeps were put in good use... I know the rest of Europe has 0 idea of wtf is going on the boarders, but the UK was the only country actually helping about it ^^ I dont see how that's "good" for the rest of the EU when they leave...

8 years ago
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Because the UK was the primary proponent of pushing through TTIP regardless of how negotiations turned out.
Because the UK despite the public bluster actively defend the tax haven status of the Caymans.
Because the UK demanded special freedoms for the finanical markets in London at the expense of Frankfurt, Paris, etc and so on.
Because the UK were a constant roadblock to further integration at every step.
Because the UK is obsessed with withdrawing from the European convention on human rights cause our courts are special snowflakes who know better.
Because the UK's refusal to engage on tax coordination across the EU is one of the primary reasons Amazon, Google, etc. get away with playing fuck all tax.

That's just off the top of my tired head. It'll be a rough few years for everyone but once we're finally gone the rest of the EU won't miss us.

8 years ago*
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They will, when the reffugies break throug the balkans and enter then in times bigger amounts. Cuz only the UK gave a fuck about that problem, rest of Europe doesnt even see it as a problem... Even if our boarders are forced to be military zones cuz the constant attacks by reffugies... ^^

8 years ago
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If refugees are the worst problem in your life it's probably safe to say things are going rather well.

8 years ago
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This is literally what i just said, whole europe doesnt give a damn, while my country and the others around are forced to deal with this problem alone, while they are constantly making attacks and shietz... All that "europe" does is, fund Turkey to "keep them" in their country, which they dont even do...

COmming to think about it, UK is better off without the careless union...

8 years ago
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The UK was literally the single biggest roadblock to the EU having a less autistic immigration policy, it's blanket refusal to engage on a single border or the distribution of refugees pretty much allowed other nations to line up behind them and stop anything happening. Nobody is ignoring the problem (well, okay, it might feel like they are) but the biggest shouty arsehole that refuses to deal with the problem of migrants has just voted to leave. You will never have a better opportunity to get shit fixed.

8 years ago
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Repeating, they are the only onces who actually gave a damn and helped about it... And made constant inspections on the boarders

8 years ago
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If border inspections and a few soldiers were the solution to migration issues there wouldn't still be a problem.

You fix the problem by having systems in place to process the people coming in. The UK didn't want that for some seriously shortsighted reasons. We are now gone. This will be a win for you in time, honest :)

8 years ago
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I'm sure a "good working" system will help with people w.o. any documents or others who buy or steal children from Turkey and present them as their own so they can be felt sorry for... (now he'll want proof), there's enough if you dig about it. Done talking with ya... Getting bored of ppl like you who just blacklist me cuz they think im 'racist' for knowing what's going on the boarders and what not...

8 years ago
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Hey, Poles, Hungarians were talking about this (reffugies) a long time ago. Problem is simply to solve; close borders, deport anyone who commits a crime and visas.

8 years ago
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Because we're not already doing that, right? --"

8 years ago
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GB and some other countries; Yes. :)

8 years ago
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Sorry im confused. Do you realize im speaking of the literally boarder between Europe and Asia, or you think Im talking about some random country boarder?

8 years ago
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Yes :D I know about that, but some countries (like Germany) want Schengen between Turkey iand UE and in the end Turkey in UE. I think.,this is dangerous for UE. But now snail is fish, carrot is fruit and we have 60 genders,not 2, then i think UE must be destroyed :D xD

8 years ago
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I dont see how that's dangerous, I mean true trukey tried to take over whole europe few hundred years ago, while enslaving the whole balncans for ~500 and trying to enforce islam, but I dont see how that's an issue... I mean people forget easily and fast... And now I'll get tons of blacklists, because i know my history and stuff... Because ppl are butthurt of historical facts XD
Tbh, if Germany keeps going like this (looking at you Merlkel), there will be no EU union in the next 2 max 5 years :D And russia's quest to unite the white countries will start to be achievable (no racist, just an actual fact)

8 years ago
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Hmm, dangerous because you see what is now in this region ( especially from 15 years). They are killing each other every day, because of their faction faith in god (there is no god if he want kill gentile or religious dissenter of this god). In Germany f.e you can see some destroyed Jewish or Christians graveyard and temples. This is for me unbelievable... In Poland we have Tatars; they are in fear of refugees, because Tatars are "light" devoted Islam.

P.S. What mean xenofobia, homophobia, rusofobia or antisemitism; that i feel fear if i see somone fe russian, or tI tell true about mentality, psycho of gay and lesbian.
I'm rusophobic if I like my proffessor from Moscow and hate russian for crime in Katyń?
Don't worry, if someone blacklist you without tell about this, You can name him shithead or gentle youngster..

8 years ago
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The news never mentioned about destroyed graveyards :o, all we knew was thea bout the new year raping. But I guess none of europe knows about the constant attack on the EU boarders from reffugies, who later pretend "oh we tough it's the way to makedonia, so we went full rocks and pipes to break down the fence and attack the guards ect"... this world is going so down atm...

8 years ago
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100%

8 years ago
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Russia is weak, but have Putin, and he is like tsar;, authoritarian. Russian want that, because they feel him like tought Father.

8 years ago
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