Post-BRexit fallout and happenings

Less than a month ago he had no idea what the term referred to.

Singapore style city state, maybe?

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?

And the parts of London that voted to stay could secede from London.

If Cameron is going to resign by October, that means there will be a new general election, right?

Only in Texas. :wink:

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).

In the current parliament?? They have less than 10 seats between them don’t they (out of 650 or so)

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.

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.

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.

The (weird) viiew from Moscow.

In your dreams, Boris. :slight_smile:

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.

Not every damn thing is about Israel, for fuck sake.

Read the following on Twitter:

“If you liked the Phantom Menace, you’re going to love the next 5 years of trade negotiations.”

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.

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.

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.