Uncertainty is bad for the markets period. Whether of not something good can come out of this crisis is not the point we're talking about.
Italy was 4th economy in the world above France and UK in 86. We took it for granted and we weren't part of an entity "too big to fall". So we fell.
If Europe deals with the UK, they risk an increasingly aggressive eurosceptic campaign.
EU has much more to lose from that rather than dealing with the UK.
when you make a decision such as this, the exit of the european union, it's a decision that will engage your country for decades, perhaps 50 years or more.
3/4 of the british youth (19-24) voted for remaining in the EU, while the 50 years old and more have voted majoritarly to leave. It is said that uk faces hard times to rebuild a great UK, but it's the younger population that will have to face the hardship of rebuilding the UK.
For better or worse, the young people of UK will be stuck with a decision they haven't chosen.
Considering that EU membership was essentially the only reason the Scottish referendum failed, it isn't far fetched to say that another referendum would have a much greater chance of succeeding.
Maybe the invisible hand of the market will jerk you off to prosperity.That surely depends on the deals. If the UK has to pay (let's just pick random numbers and shit) £10M a year to trade into Europe, but companies based here get much better tax deals, workers rights deals, and we become less welfare dependant, won't it be worth many companies moving here?
If your solution is to cut taxes and curtail employee rights in order to stay afloat outside of the EU, it doesn't exactly prove that the UK is better off.
I'm not disagreeing with any of your points. Merely pointing out that while things can do terrible, we could become the Ethiopia of Europe. Or, we could become a powerful, economic machine. Or something in the middle. We just don't know yet, and I don't believe for a moment we're going to collapse on ourselves, but, I could be totally wrong.
Few? it was the majority and now other EU countries citizens are considering doing the same wanting a referendum wanting a vote to leave
Liberal elitist just doesn't get it they keep forcing their unwanted agendas keep shoveling it down peoples throats and tell them to sit down and shut up you are racist if you complain
I was hoping the UK majority voting to leave would be a wake up call for the liberal elitist but nope they still wont recognize they are the problem their agenda is why the majority of the UK voted to leave
why are people still saying stupid shit like this?
Norway has free movement of people with the EU as part of their deal
Switzerland will eventually have free movement of people as part of their deal
both Norway and Switzerland pay large amounts of money into the EU project
the Norwegian government has said multiple times that Britain would be mad to drop what it has now in exchange for the same deal as Norway