That isn't democratic at all then. So why is there no revolution to crash it all down? That was historically how things get fixed. The UK has issues. A bloody monarchy too? What's that all about? House of Lords. The UK system does suck a tad.
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The UK does not do Revolution; whenever crisis arises the Monarch/Executive sells minor changes as the resolution to the problem, if that does not work they spin the fear of change as another answer. Some minor asides, these tactics have worked since the Union has begun, this is the first time it has seemingly failed in over three hundred years. There maybe interesting times ahead...
Miles, you have to remember that these aspects do not live in isolation. A drop in the exchange rate is fine for ex-pats who get paid in foreign currencies as you do, but those who have pensions in the UK are going to be suffering significantly from the drop.
There are also so many commodities that we in the UK are effectively going to be paying more for - we do not produce enough energy, and around 40% is imported from various countries, including France and Russia. The drop in the value of the pound makes all of these imports, and we are talking tens of billions of pounds per year, all proportionally more expensive. Energy costs are one of the largest parts of what people spend every year, and an increase there means that they will have less money to spend on other parts of their lifestyle. That is why I say that it will deteriorate.
Follow this with the increased costs that our businesses are going to be facing in terms of production because of the increased energy costs, and that is going to make things more expensive. It's not only domestic products and services that will be more expensive, but anything imported will cost more, as we will still be buying things at their prices, and more pounds will be required for each unit of currency. Plus any trade deals we negotiate with the EU now will not be on terms as favourable as the ones we had, so the tariffs we pay will be higher too.
Not to mention the fact that I have no trust whatsoever in the wishy washy promises of the leave camp, who said that all of the subsidies and support provided to different industries through the EU will be replicated by the UK government. The repercussions of our farmers not getting the same levels of support could also see our food prices increasing as these costs will be passed on to the consumer, along with the increases that come with the increased costs of energy used in production.
But of course, I am pleased that you are enjoying the greater number of pounds you get when you grace us with your presence in the UK.
I don't really understand why you are worrying about your pension when it comes to Brexit. It is a short term shock to the exchange rate and markets and it will likely correct itself. Granted it is good for me to have a poor exchange rate, but I don't think for a moment it will stay at this level for long. I think what you should be more concerned about is the central bank, bankrupt banks and the perpetually low interest rates being used to keep them all alive. Japan for instance isn't in decline because it is not part of a Super Asia Alliance.
In terms of energy. Well, the UK is nuts for not producing any energy and having privatised everything. Your bills are already expensive and privatisation happened because nobody bothered to resist. You know what happens here? They burn coal and it is nationalised. It also means the bills are cheap. Again, you can't really blame Brexit for 30 years of neo-liberalism.
Russia was put on a sanctions list and recently they also had a currency 'crisis'. Their response was to raise interest rates and start growing and manufacturing. The Russian economy has no debt, they have plenty of gold reserves, they are becoming the worlds largest organic food provider in the world. A stand alone Britain will face some short term pain, but it could work in the national interest if the people start to stand up for their own interests. Being able to reject a narrative of fear and a short term hit to the pocket is a healthy sign. Grow food and be self sustaining. Quit with the property nonsense. The houses are old and full of damp. :p
The difference between Britain and Russia is large though as Britain has few people working in the interests of the people as seen with fracking, banking, privatisation, wars, tuition fees, NHS privatisation etc. The government is a large corporation and that is why living standards are declining. Blaming a referendum when the ills are decades long and systemic just doesn't ring true. Weather the short term hit, it's not like you are retiring any time soon. It's up to the people to change the system and get Corbyn in, but 'they' are doing their hardest to curtail that too right now.
I wish you well, I really do.
I voted to leave and am glad I did but the repercussions are worrying because no one is taking control, ownership and providing stability.
Cameron ran off crying.
Conservatives are trying to find a leader.
Boris is hiding in a corner somewhere.
Corbyn has no one in the shadow cabinet working for him.
Scottish and Irish want to leave us
Politicians have no balls.
My concern is that Cameron started all this but doesn't have the guts to see it through, then on the other side you have Labour going through some kind of manufactured crisis at a time when their leader is popular with the core and the Tories are on the ropes. You couldn't make it up.
I hope the country rallies behind Corbyn. I always said I would come back for a bit if Corbyn became PM and it's now looking like a life in permanent exile. I think he would be great for the country. He understands the banking system and war machine and they know it whence the desperation to topple him.
I did have a laugh at the silver spoon teenage mobs berating the old for 'ruining their future'. Good work, blame someone else, dissolve any sense of responsibility and then regurgitate some poster from a mildly amusing chap who says 'if all you have is 2 GCSE's and an STI........you get the rest'. Nice dose of lost hypocrisy.
Another exchange of pleasantries saw a 16 year old girl shriek 'If I was able to vote........after all, I know more about Politics than anyone voting leave!'.
The only MP with any balls is Nicola Sturgeon.
Nicola Sturgeon: 'Project Farce has begun' - BBC News
You were played my friend. A pawn in a popularity contest with no backbone.
There's An Interesting New Theory On What Will Actually Happen Post-EU Referendum | The LAD Bible
#fools #happyindependanceday #loooooool
So what's the deal here? Does that Oompah Loompah looking broad want Scotland to vote for independence and re-join the EU?
http://www.youtube.com/watch?v=XPgiI46FCDU
.....yeah gee, I don't know why anyone would want to leave the EU when the President is getting shitfaced at lunch and having a big old time doing things like calling his colleagues amusing little nicknames "Dictator!"