# Post-BRexit fallout and happenings **URL:** \ **Category:** Great Debates\ **Created:** [June 24, 2016, 4:13am UTC](https://boards.straightdope.com/t/post-brexit-fallout-and-happenings/758205 "2016-06-24T04:13:32Z")\ **Posts on this page:** 20\ **Page:** 4
**Author:** ![Patty\_O\_Furniture](https://avatars.discourse-cdn.com/v4/letter/p/96bed5/32.png) [@Patty\_O\_Furniture](https://boards.straightdope.com/u/Patty_O_Furniture)\ **Post date:** [June 24, 2016, 1:35pm UTC](https://boards.straightdope.com/t/post-brexit-fallout-and-happenings/758205/61 "2016-06-24T13:35:10Z")
> [@Donnerwetter](#): > > [Donald Trump Hails Brexit Vote as Brits ‘Taking Back Their Country’](http://fortune.com/2016/06/24/donald-trump-brexit-scotland/) Less than a month ago he had no idea what the term referred to. ---
**Author:** ![Gary\_Kumquat](https://avatars.discourse-cdn.com/v4/letter/g/4491bb/32.png) [@Gary\_Kumquat](https://boards.straightdope.com/u/Gary_Kumquat)\ **Post date:** [June 24, 2016, 1:38pm UTC](https://boards.straightdope.com/t/post-brexit-fallout-and-happenings/758205/62 "2016-06-24T13:38:56Z")
> [@Baron\_Greenback](#): > > I wonder if London fancies being an exclave of an independent Scotland? Singapore style city state, maybe? ---
**Author:** ![DSeid](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dseid/32/20194_2.png) [@DSeid](https://boards.straightdope.com/u/DSeid)\ **Post date:** [June 24, 2016, 1:45pm UTC](https://boards.straightdope.com/t/post-brexit-fallout-and-happenings/758205/63 "2016-06-24T13:45:32Z")
> [@BobLibDem](#): > > … We’re all going to lose 5-10% of our 401k value today, and they’ll creep back up over time. Markets hate uncertainty but soon things will level out. … Not so sure even that bad. The FTSE dropped 16% at open but is now only off 3.57%. The S&P500 is only off 2.58% right now. I would have expected some immediate overreactions to be sure but recovery to stocks beyond the London markets will likely be pretty fast. And at this point it doesn’t even qualify as a buying opportunity! (Not that I have cash on hand to do that with.) Trump coincidentally going to Scotland for his golf course. Does this vote have any impact on U.S. elections? ---
**Author:** ![octopus](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/octopus/32/3716_2.png) [@octopus](https://boards.straightdope.com/u/octopus)\ **Post date:** [June 24, 2016, 1:45pm UTC](https://boards.straightdope.com/t/post-brexit-fallout-and-happenings/758205/64 "2016-06-24T13:45:44Z")
> [@coremelt](#): > > Yes, the breakup of the UK is a done deal. It’s fundamentally wrong for england to drag Scotland out of the EU when it wants to remain by such a clear margin. And seeing as London also voted to remain by a large majority maybe London can leave and remain in the EU as well. 😃 > > Could end up as a Singapore / Malaysia kind of thing, just let London keep a strip of land along the chunnel route and Heathrow and all will be good. And the parts of London that voted to stay could secede from London. ---
**Author:** ![BrainGlutton](https://avatars.discourse-cdn.com/v4/letter/b/82dd89/32.png) [@BrainGlutton](https://boards.straightdope.com/u/BrainGlutton)\ **Post date:** [June 24, 2016, 1:49pm UTC](https://boards.straightdope.com/t/post-brexit-fallout-and-happenings/758205/65 "2016-06-24T13:49:56Z")
If Cameron is going to resign by October, that means there will be a new general election, right? ---
**Author:** ![John\_Mace](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/john_mace/32/185_2.png) [@John\_Mace](https://boards.straightdope.com/u/John_Mace)\ **Post date:** [June 24, 2016, 1:57pm UTC](https://boards.straightdope.com/t/post-brexit-fallout-and-happenings/758205/66 "2016-06-24T13:57:53Z")
> [@DSeid](#): > > Does this vote have any impact on U.S. elections? Only in Texas. 😉 ---
**Author:** ![Baron\_Greenback](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/baron_greenback/32/48_2.png) [@Baron\_Greenback](https://boards.straightdope.com/u/Baron_Greenback)\ **Post date:** [June 24, 2016, 2:02pm UTC](https://boards.straightdope.com/t/post-brexit-fallout-and-happenings/758205/67 "2016-06-24T14:02:55Z")
> [@BrainGlutton](#): > > If Cameron is going to resign by October, that means there will be a new general election, right? No, a change of PM doesn’t automatically lead to a general election. Two of the last four PMs became so without a GE (Major, Brown). ---
**Author:** ![One\_And\_Only\_Wanderers](https://avatars.discourse-cdn.com/v4/letter/o/838e76/32.png) [@One\_And\_Only\_Wanderers](https://boards.straightdope.com/u/One_And_Only_Wanderers)\ **Post date:** [June 24, 2016, 2:10pm UTC](https://boards.straightdope.com/t/post-brexit-fallout-and-happenings/758205/68 "2016-06-24T14:10:40Z")
> [@Rick\_Kitchen](#): > > Is George Osborne out on his ass? This is pretty much a slap in the face to both Cameron and Corbyn, right? Any chance of a Liberal Democrat/UKIP coalition? In the current parliament?? They have less than 10 seats between them don’t they (out of 650 or so) ---
**Author:** ![Stanislaus](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/stanislaus/32/3391_2.png) [@Stanislaus](https://boards.straightdope.com/u/Stanislaus)\ **Post date:** [June 24, 2016, 2:13pm UTC](https://boards.straightdope.com/t/post-brexit-fallout-and-happenings/758205/69 "2016-06-24T14:13:59Z")
> [@Baron\_Greenback](#): > > No, a change of PM doesn’t automatically lead to a general election. Two of the last four PMs became so without a GE (Major, Brown). We’ve voted to take back control so the next Prime Minister of the UK will be chosen by 150,000 Conservative Party members from a shortlist of two drawn up by Tory MPs. ---
**Author:** ![JohnT](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/johnt/32/15048_2.png) [@JohnT](https://boards.straightdope.com/u/JohnT)\ **Post date:** [June 24, 2016, 3:10pm UTC](https://boards.straightdope.com/t/post-brexit-fallout-and-happenings/758205/70 "2016-06-24T15:10:48Z")
> [@DSeid](#): > > Not so sure even that bad. The FTSE dropped 16% at open but is now only off 3.57%. The S&P500 is only off 2.58% right now. I would have expected some immediate overreactions to be sure but recovery to stocks beyond the London markets will likely be pretty fast. And at this point it doesn’t even qualify as a buying opportunity! (Not that I have cash on hand to do that with.) > > Trump coincidentally going to Scotland for his golf course. > > Does this vote have any impact on U.S. elections? Well, Trump outright supports the vote so he is very tied to what happens to the UK in the next 3-5 months. If economically, things stay the same or get better through September, he’ll do well and gains supporters (or relieve fence-sitters). If they get worse, he’ll either completely change his tune, make up a conspiracy theory, or blame HillBama somehow… and possibly do all three in the same speech. ---
**Author:** ![Novelty\_Bobble](https://avatars.discourse-cdn.com/v4/letter/n/a3d4f5/32.png) [@Novelty\_Bobble](https://boards.straightdope.com/u/Novelty_Bobble)\ **Post date:** [June 24, 2016, 3:31pm UTC](https://boards.straightdope.com/t/post-brexit-fallout-and-happenings/758205/71 "2016-06-24T15:31:25Z")
> [@Stanislaus](#): > > We’ve voted to take back control so the next Prime Minister of the UK will be chosen by 150,000 Conservative Party members from a shortlist of two drawn up by Tory MPs. If that bothers you then I suggest you don’t look directly at the method of choosing the leaders of the EU, turn you to stone it will. The point is that, regardless of the selection process the UK electorate is only one-step removed from their executive body. The public will be able to directly vote them in or out of power at the next election. If the majority of the UK electorate wanted to remove their PM, they can. If they wanted to remove the head of the EU, they can’t. That is a very legitimate reason for wanting out of the EU. ---
**Author:** ![aldiboronti](https://avatars.discourse-cdn.com/v4/letter/a/9fc348/32.png) [@aldiboronti](https://boards.straightdope.com/u/aldiboronti)\ **Post date:** [June 24, 2016, 3:34pm UTC](https://boards.straightdope.com/t/post-brexit-fallout-and-happenings/758205/72 "2016-06-24T15:34:39Z")
[The (weird) viiew from Moscow.](https://www.washingtonpost.com/news/worldviews/wp/2016/06/24/10-years-until-a-united-eurasia-how-moscow-reacted-to-brexit/) > [@](#): > > Some saw the vote as a more momentous geopolitical realignment. Boris Titov, the Kremlin’s small-business ombudsman, said in a Facebook post that “it seems it has happened — UK out!!!” > > “In my opinion, the most important long-term consequence of all this is that the exit will take Europe away from the anglo-saxons, meaning from the USA. It’s not the independence of Britain from Europe, but the independence of Europe from the USA,” he wrote. > > “And it’s not long until a united Eurasia — about 10 years,” he concluded. In your dreams, Boris. 🙂 ---
**Author:** ![Stanislaus](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/stanislaus/32/3391_2.png) [@Stanislaus](https://boards.straightdope.com/u/Stanislaus)\ **Post date:** [June 24, 2016, 4:02pm UTC](https://boards.straightdope.com/t/post-brexit-fallout-and-happenings/758205/73 "2016-06-24T16:02:33Z")
> [@Novelty\_Bobble](#): > > If that bothers you then I suggest you don’t look directly at the method of choosing the leaders of the EU, turn you to stone it will. > > The point is that, regardless of the selection process the UK electorate is only one-step removed from their executive body. The public will be able to directly vote them in or out of power at the next election. > > If the majority of the UK electorate wanted to remove their PM, they can. > If they wanted to remove the head of the EU, they can’t. > > That is a very legitimate reason for wanting out of the EU. You’re comparing apples to oranges. Consider: If the majority of the London electorate wanted to remove their mayor, they can. If the majority of the London electorate wanted to remove their PM, they can’t. It would be weird if the head of the EU could be removed just by a majority of the UK electorate. Weird and non-democratic. If, however, the majority of the EU electorate wanted to remove the President of the Commission, they could do so by voting out his or her parliamentary alliance. Just like in the UK. The fact that voters in the UK (including me) don’t know who their MEP is, don’t know what alliance that MEP is in, don’t know who that alliance’s nominee for President is and don’t vote in European elections is on us. ---
**Author:** ![QuickSilver](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/quicksilver/32/7832_2.png) [@QuickSilver](https://boards.straightdope.com/u/QuickSilver)\ **Post date:** [June 24, 2016, 4:03pm UTC](https://boards.straightdope.com/t/post-brexit-fallout-and-happenings/758205/74 "2016-06-24T16:03:23Z")
> [@DerekMichaels00](#): > > I actually think the countries of the UK will realize how valuable each other is. Also, relations with America and especially Israel will improve, since the EU somewhat hoped to be a rival to America, and the EU is extremely hostile towards Israel, not to mention the Muslim immigrants who pour into Britain because of the EU’s idiotic immigration policies. Not every damn thing is about Israel, for fuck sake. ---
**Author:** ![JohnT](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/johnt/32/15048_2.png) [@JohnT](https://boards.straightdope.com/u/JohnT)\ **Post date:** [June 24, 2016, 4:06pm UTC](https://boards.straightdope.com/t/post-brexit-fallout-and-happenings/758205/75 "2016-06-24T16:06:27Z")
Read the following on Twitter: “If you liked the Phantom Menace, you’re going to love the next 5 years of trade negotiations.” ---
**Author:** ![BrainGlutton](https://avatars.discourse-cdn.com/v4/letter/b/82dd89/32.png) [@BrainGlutton](https://boards.straightdope.com/u/BrainGlutton)\ **Post date:** [June 24, 2016, 4:11pm UTC](https://boards.straightdope.com/t/post-brexit-fallout-and-happenings/758205/76 "2016-06-24T16:11:46Z")
> [@Baron\_Greenback](#): > > No, a change of PM doesn’t automatically lead to a general election. Two of the last four PMs became so without a GE (Major, Brown). But if a GE were held this week, what would probably be the results? ---
**Author:** ![Gyrate](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/gyrate/32/3588_2.png) [@Gyrate](https://boards.straightdope.com/u/Gyrate)\ **Post date:** [June 24, 2016, 4:18pm UTC](https://boards.straightdope.com/t/post-brexit-fallout-and-happenings/758205/77 "2016-06-24T16:18:37Z")
> [@BrainGlutton](#): > > But if a GE were held this week, what would probably be the results? With Corbyn still the Labour leader? Conservatives would still be the largest party but may lose their slim majority. Mind you, if Gove or Osborne were mooted to be PM I think people would likely set themselves on fire rather than vote for either of them or Corbyn. Boris would probably do better because ha ha, he’s so funny. ---
**Author:** ![BrainGlutton](https://avatars.discourse-cdn.com/v4/letter/b/82dd89/32.png) [@BrainGlutton](https://boards.straightdope.com/u/BrainGlutton)\ **Post date:** [June 24, 2016, 4:20pm UTC](https://boards.straightdope.com/t/post-brexit-fallout-and-happenings/758205/78 "2016-06-24T16:20:38Z")
> [@Gyrate](#): > > With Corbyn still the Labour leader? Conservatives would still be the largest party but may lose their slim majority. Then what would be the chances of a Labour/LibDem coalition government? ---
**Author:** ![CarnalK](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/carnalk/32/486_2.png) [@CarnalK](https://boards.straightdope.com/u/CarnalK)\ **Post date:** [June 24, 2016, 4:27pm UTC](https://boards.straightdope.com/t/post-brexit-fallout-and-happenings/758205/79 "2016-06-24T16:27:42Z")
> [@BrainGlutton](#): > > Then what would be the chances of a Labour/LibDem coalition government? Kind of a pointless question though because an election can’t be called for this week and I can’t imagine the fallout from this referendum is remotely easy to predict. ---
**Author:** ![Gyrate](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/gyrate/32/3588_2.png) [@Gyrate](https://boards.straightdope.com/u/Gyrate)\ **Post date:** [June 24, 2016, 4:32pm UTC](https://boards.straightdope.com/t/post-brexit-fallout-and-happenings/758205/80 "2016-06-24T16:32:07Z")
> [@BrainGlutton](#): > > Then what would be the chances of a Labour/LibDem coalition government? Miniscule. The LibDems are still cast out into the wilderness - they’re on, what, eight seats now? Their betrayal of their base in order to join the last coalition is still too soon and too raw for them to be forgiven. At least Tim Farron seems to be likable enough; maybe by 2020 they’ll be able to recover a few seats. And while a more dynamic Labour party could turn the tide it’s currently in the process of turbulent unrest. I keep hoping that someone with a bit of charisma and leadership potential will rise to the challenge (particularly now with the no-confidence motion in play) but Umunna seems to be skittish, Burnham has buggered off to run Manchester (playing a long game, I suspect) and I don’t know who else suitable there is. So Labour at the moment only has “At least we’re not Tories” as their selling point. A minority Conservative government would ally with the DUP and, if necessary, UKIP to get up to the required number. Labour could potentially count on the SNP but that’s a whole other can of worms. All this is hypothetical, of course; the next election is in 2020 and that won’t change. [Previous page](https://boards.straightdope.com/t/post-brexit-fallout-and-happenings/758205.md?page=3) [Next page](https://boards.straightdope.com/t/post-brexit-fallout-and-happenings/758205.md?page=5)