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Brexit 101
Started:February 27th, 2016 (10:02 AM) by xplorer Views / Replies:14,856 / 470
Last Reply:December 3rd, 2016 (05:24 PM) Attachments:44

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Old June 24th, 2016, 08:21 PM   #212 (permalink)
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War... F&^% the System. That is why they voted to leave.

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Old June 24th, 2016, 08:41 PM   #213 (permalink)
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tturner86 View Post
Some of my friends on FB are calling for Texit... (Texas Exit)... #comeandtakeit

Texit: Sorry Texas, the Brexit is not about you | SanDiegoUnionTribune.com

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Old June 24th, 2016, 08:44 PM   #215 (permalink)
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I dunno.. I would not normally say this but I'm a lot smarter than most people (and I'm not that smart, see Carlin below). I judge this by how much in demand my time was in work and often being told so by people who meet me. I had no trouble learning to trade, created my own methods quickly and if the measure of "if your so smart, why ain't ya rich?" means anything.. well I am at least say quite clever?

The sole reason I post anything here is it helps with the cabin fever as I don't speak much Spanish yet and to date have been busy trading 15+ hours a day.

Ok, smallest violin in the world bit..

All my life normal but confused people, whom I have always treated with patience, kindness and respect came to me with broken things & sometimes lives (I do a lot of charity work) asking me to fix them. Which I nearly always did. If anyone had asked me before I moved here what I did in say my I.T. career I would say 'I fix broken things! ' Though the reality a tad more complex..

The one time I ask my few friends back home in Wiltshire to trust me and having never asked them for anything? I feel disgusted today.

I'll do my part in what comes next, like a good burro

Rory, what you seem to be saying is that you're smarter than most including your friends in the UK and you advised them to vote Remain for their and presumably your own best economic interests, and now you're upset and disgusted because the vote went the other way and MTM less than 24 hours later - you've lost net asset value and see a bleak future...?

I totally understand and I'm not trying to be harsh but those are exactly the arguments that the elite (political and otherwise), including the power structure of the EU commision and legal system, use to justify the erosion and eventual complete eradication of all semblance of democracy. They say - oh you don't need to bother with that - just leave it to us. Oh and - you don't have any say in it whatsoever. If they all truly had our best interests at heart that may be ok, but even then it would still leave the door open to future abuses. But the evidence of fraud, corruption and far worse is significant. I know you took a hit - me too. Everyone with any unhedged assets in stirling took a hit. I've had big losses over the years - anyone who's been in this game long enough has. Markets bounce back - granted this one will probably take some time.

But I'd urge you not to feel disgusted about this. Your friends and many others expressed their voice through a vote to reject an anti-democratic political and legal system.

On a completely separate note - and I'm saying this through genuine concern - it isn't too smart to trade for 15+ hours a day. I spent a number of years doing precisely that both for myself and for institutions and it can be a quick step to depression and disillusion.

Things will look better when the dust settles.

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Old June 24th, 2016, 08:45 PM   #216 (permalink)
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Just like San Diego to try and dampen a Texan's excitement.

I don't know, "Republic of Texas" sounds pretty cool to me.

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Old June 24th, 2016, 09:07 PM   #219 (permalink)
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"The British are frantically Googling what the E.U. is, hours after voting to leave it"
https://www.washingtonpost.com/news/the-switch/wp/2016/06/24/the-british-are-fra...fter-voting-to-leave-it/

and on that note, have a good weekend everyone!

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Old June 24th, 2016, 09:41 PM   #220 (permalink)
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It's extremely poor journalism to use the drunken comments of a guy in a bar and then leap to the assertion that the entire Leave campaign is xenophobic. What utter crap. This isn't serious journalism.

Here's a review of a cross section of both sides views on social media from the London School of Economics:
BREXIT ? An undiscover?d country: the Brexit debate on Twitter reveals widespread democratic discontent

It does indeed show that migration concerns are a serious issue for both sides in the campaign. It also shows that a core issue is disatisfaction with dysfunctional democracy.

Quote:
...I want to find out more than just the big picture. I am interested in the particularities of identity contestation involved in the Twitter Brexit debate. I want to know what Brexit tweets tell us about the beliefs and values that drive British and European politics today. And my preliminary findings are showing some interesting trends.

Firstly, democracy is emerging as a core value that cuts across both camps. Both Leave and Remain tweets share a perception of growing democratic deficit and a desire for greater democratic accountability. There is a widespread belief that political elites are not representative, political parties are out of touch with voters, and the media cannot be trusted.
End Quote.


On the question of immigration, its perfectly possible and acceptable to have a debate about it - and this was certainly one of the main issues - without calling everyone xenophobic if they don't agree with the current policy. This is not to say that there aren't people who hold the views of the "Bob" character mentioned in the trash piece article, but to smear half of the UK as xenophobes is wrong, distasteful and frankly outrageous.

Net migration into the UK last year according to the governments official figures stood at 330k. The unofficial figures (which historically have proved extremely accurate in follow up censuses and many experts agree with) collated from net births and deaths together with applications for new social security numbers puts the figure at over 600k. A legitimate debate about this policy seems perfectly reasonable without the typical name calling and muck slinging.

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