Brexit vote

[SisterNightroad]

Originally Posted by Macfan4life

Its sad that the most common thing googled in the UK today was "What did we just do? and What is the European Union?" Markets tanked around the world with the average US IRA tanking 15% or more. I lost 25k in my IRA. The instability will continue for years.
Rewinding time, I would not have wanted to join the European Union. I am conservative. But I definitely would not have voted to leave (if that makes sense). Conservatively speaking the UK will lose 1% GNP each year. Great Britian will survive. Its a strong country full of brilliant people. But Britian is not the powerhouse it once was prior to the European Union. For example, Germany would do much better leaving if anyone was to leave.
Nationalism is growing world wide. The IRA's tanked in the USA today but that is nothing compared to when Trump will start a trade war with China. We will lose another 30% then. China finances the debt of the United States and Trump wants to start a trade war with China. Last week Trump was on Fox Business and asked about the Brexit vote. He stated he did not know enough to comment. Today he wants to sound like an expert.
You don't burn down Rome to build it up and make it stronger. Sadly that is what many want to do. We all respect the voters of the UK but don't google the consequences of the vote the next day. That should be done prior to voting.
Reminds me of the UK newspapers in 2004 when Americans re-elected George Bush with a 51% to 49% margin "How could so many Americans be so dumb"
The shoe is on the other foot today.

I'm not sure if it was the first or the second mandate but Bush won because he asked for a re-count, and in the US the vote result is different based on how you count it because not every vote has the same worth.