Totem wrote:
As for the calamity and ruin that is predicted by the Remainers and cosmopolitans, nothing will really change in terms of the economy. Nations will continue to trade, diplomacy will continue to occur, and the stock market will continue to rise and fall, just as if Great Britain had never left. The fearmongering of the elites will get them nowhere and life will go on.
Well, it will for the EU. But the EU is obligated to make Britains suffer now, as example to anyone else thinking of leaving.
Either the EU experiences more votes from more countries to exit it, or it survives by heavily hurting the UK, which means its citizens/body politic. That's why Italy, France, Germany want a quick article 50 declaration. So those countries can sooner show their own citizens the price of leaving. Negotiations between UK and the EU are going to be harsh. Boris Johnson's recent pollyanna speech about the impact are about as ridiculously optimistic as your post, and as anyone who was sure Leave would never win.
So, calamity and ruin, no. But hurt, yes. The EU must hurt UK for this. And yes, that will change the economy (which is the only way to hurt in this consortium/area of land and nations), by lowering the values/income of UK workers, jobs, and movement, etc. via tariffs and such.
"Nothing will really change". The EU will be slightly worse off, and the UK will be more worse off. That has to happen, realpolitik-wise. So yeah, the economy and wages/income IS going to shift, from the UK to the EU. Even if not in whole money, in relative wages. Even if a random Brit would still be better off than a random Pole or whoever. The EU might suffer too due to no more cheap UK products, but the UK will suffer more. Relatively; life will go on for Britains as a poorer nation from "Date X Dumb Vote", compared to the other countries. That simply has to happen if the EU has any balls/in order to protect itself.
I'm not sure people here understand enough why the EU has to punish GBR in obvious, real ways in order to make a point. Either this happens and yes, the UK suffers worse for leaving the EU than the EU suffers for the leaving, and in CLEAR WAYS, or the EU completely disbands since leaving it would not appear to have any negative consequence. Not just negative for the Pound or politicians, but for real random people. One happens, or the other.
Even after the shock of "holy ****, England was stupid enough to vote that way!?" some of you seem to be expecting a nice light pillow to fall back on. No, UK is gonna be ******* And should be, if the EU should remain healthy and desirable. Not even a question of whether the EU is a good thing. It's going to happen.
ETA: sorry, if you were just referring to the US stock market and investments, no, this is not going to mean much at all. Or Japanese market, etc. Sorry that I was more focused on the humans living in the European continent.
Edited, Jun 28th 2016 5:59am by Palpitus1