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UK votes to leave EU

From http://www.bbc.co.uk/news/uk-politics-36615028
dmmalam | 2016-06-24 | 3125

Comments:

Xophmeister

2016-06-24
This is why we can't have nice things.

jnwrd

2016-06-24
smh uk

lossolo

2016-06-24
Unfortunately nationalism and populism won another war. Now watch Scotland make referendum to leave UK and after leaving they will join EU.

Numberwang

2016-06-24
Sigh....London should have a vote next to leave the UK.

Johnie

2016-06-24
British Pound is at the lowest level since 1985 at 1.33 USD/GBP.

mariopt

2016-06-24
Does anyone knows how this will affect tech recruitment?

M2Ys4U

2016-06-24
I have never felt less British than I do right now. :(

blhack

2016-06-24
I don't really understand the reasoning either for or against this.

The default seems to be non eu-membership. So why should Britain stay in the EU? People are commenting on this as though it's really obvious.

hardwaresofton

2016-06-24
Would love to see what the people who were shorting european stock (expecting this outcome) made out with.

I think I read an article earlier today about Blackrock shorting like 50% of their european holdings or something?

a13n

2016-06-24
Can someone please give an unbiased summary of what this means and how it will impact the UK, Europe, and the rest of the world?

martythemaniak

2016-06-24
Is Scotland going to be exiting the UK next? Guess we'll see in a few years.

Hard to know what will happen here, but I suspect once the UK (or what's left of it) signs a trade deal with the EU, they'll get the same deal as Norway - all the compliance with EU regulations, with none of the say. I suppose people may be happy with that deal, as long as they can get to say they're "free".

I'm hoping this somehow leave the EU in better shape, perhaps more cohesive, perhaps reforming in ways to minimize chances of anyone else leaving. As a Bulgarian (not living in Europe) this makes me somewhat bitter - seems Englishmen can't accept belonging to a club we also belong to.

smcl

2016-06-24
The way Scotland voted "Remain" is pretty stark: http://imgur.com/gallery/JjbEPZZ/new

I can see an Independence Referendum 2.0 being pushed through...

thetmkay

2016-06-24
I voted today.

I work in London at a startup with international markets. I believe in the ideal of free movement. I think the EU is a bit of a mess conceptually and mechanically, but in general a step forward for Europe.

This is really the beginning of a very long, tedious and ultimately unsatisfying couple of years of dissatisfaction and instability as we negotiate with the EU and the rest of the world.

patrickg_zill

2016-06-24
I don't understand the hand-wringing.

Countries have engaged in trade for thousands of years - Brexit won't change that.

benwilber0

2016-06-24
They have many good reasons to leave the EU. And very few reasons to stay.

eganist

2016-06-24
It's a domino effect looking forward. Other nationalist parties in other nations e.g. France will look at this result and try to leave as well. Scotland could easily leave the UK given that they wanted overwhelmingly to stay. It'll be interesting to watch how foreign UK citizens will be impacted with their jobs in Europe.

The consequences are huge.

Tsagadai

2016-06-24
This decision is going to have major effects on markets over the next few days.

ekianjo

2016-06-24
Populism is seen as bad by people who want centralization of power (socialists of all borders in general, as well as fascists). So if you have been fed the socialist propaganda for years when living in the EU, you assume it's bad.

mudil

2016-06-24
Doom and gloom, doom and gloom! In your world, in order to survive England needs to kneel before the unelected bureaucrats of Brussels.

djsumdog

2016-06-24
The UK and the US really head the current hegemony that is currently instilling so much war in the world. I believe the EU does share this responsibility, but I also really hope the UK leaving the EU helps the rest of Europe in in pushing back against these covertly back wars in Syria and elsewhere.

British citizens may not be able to world and live throughout the EU any more either. People already abroad may lose their work status on nations without reciprocal fall-back agreements.

This is a pretty big change, but I don't think it's a bad one.

lettergram

2016-06-24
I still have severe doubts this will happen. It will take many years to renegotiate and most treaties will be in effect until then.

My guess is very little changes, it's more of a sign that people want their country sovereign as opposed to being ruled by a committee in another country.

leot

2016-06-24
What's stopping Britons from having another referendum?

Apocryphon

2016-06-24
Is this the beginning of the next great recession?

lettergram

2016-06-24
It's called the commonwealth, and it includes 30 percent of the land mass of earth.

sandworm101

2016-06-24
And a special thank you from Canada. This vote is going to give Quebec ideas again.

jedmeyers

2016-06-24
As some people already said, even if the vote will be 'Leave' the Parliament most likely will not consider it and will not part ways with the EU siting some made-up problems, that "prohibit" the exit right away. Await another referendum until the necessary results are obtained.

LAMike

2016-06-24
Time to buy Bitcoin and gold

BeefySwain

2016-06-24
Is now a good time to invest in British currency? Are there some good resources for how to do that?

sidcool

2016-06-24
That was quite unexpected. Till very late before polling, most people were in favor of staying in the EU. Nationalism takes over logic in Europe again.

jackgavigan

2016-06-24
There's a decent chance that this will spur the EU into proposing a package of reforms with a view towards a second referendum. Technically, this referendum was an advisory referendum (i.e. its result is not legally binding).

If that doesn't happen, I would expect the UK to shift from membership of the EU to membership of the European Economic Area (alongside Norway and Iceland) or similar.

jlg23

2016-06-24
I'm not from the UK and I don't have any problems with the Limeys but I still thinks this is awesome: For way too long national governments in the EU have passed legislation on the EU level when they could not get it through national parliaments and then they could refer to "the EU says so". I hope this serves as a wake-up call to national governments that they should actually listen to their citizens.

cpncrunch

2016-06-24
Please fix title. The article title is "EU referendum: BBC forecasts UK vote to leave". The count hasn't even finished yet, and it is still possible for the remain vote to win at the current time (albeit unlikely).

vacri

2016-06-24
This is going to hammer them so hard, they're going to have to change 'pounds sterling' to 'pounds cupric'...

paradite

2016-06-24
A slightly meta discussion:

I noticed that some "typical headline news" are gathering a lot of votes and getting to the top of front page. This seems to be working against the HN guidelines:

If they'd cover it on TV news, it's probably off-topic.

I know political news get some kind of penalties. Would that apply to a more generic headline news like this?

Personally, I upvote stories like this purely because of its significance. And I am not sure if that was the intended use case.

thesimpsons1022

2016-06-24
anyone else concerned? The entire world seems to be moving towards fascist right wing nationalist politics. Whether it is the brexit, trumpism, or the austrian elections.

Europe keeps getting destabilized. If i was an enemy of europe and freedom, id be cheering. Instead i'm deeply concerned.

dangjc

2016-06-24
It's amazing that such deep constitutional change will be achieved with such a slim majority. 48% of British people will be ejected out of the EU essentially against their will. The UK has always embraced first past the post voting, but it really shows here how it creates very discontinuous inflection points.

jstsch

2016-06-24
Ironically Brexit might bring a federal Europe closer to reality. It strengthens the dominance of France and Germany.

pavornyoh

2016-06-24
A bit of a naive question as I am fascinated by what is happening. I admit I don't completely understand so my question is if the UK is made up of England, Northern Ireland, Wales and Scotland why aren't they represented at the European cup currently being held/played in France as the United Kingdom?

Why are they playing as separate countries yet voting together to leave the EU? I don't get it.

geff82

2016-06-24
I'll take my UK company home to Germany at the end of the year. No need for a base in a non-EU-country.

peterkshultz

2016-06-24
I had been following the likelihood of a Brexit on Bloomberg. Before polls opened today, they said there was a 25% chance of the UK leaving. Seems they were quite, quite wrong.

http://www.bloomberg.com/graphics/2016-brexit-watch/

grownseed

2016-06-24
I have a particularly strong attachment to Scotland, and as most Scottish people have, I would have voted to remain in the EU, however messy it is, though I suppose my opinion on the matter has little relevance since I can't vote.

More interestingly, I find this is a telling example of the limitations of democracy as we know it. Democracy, very broadly speaking, ignores population clusters (physical or ideological) to the extent that the "voice of the people" is actually not representative of anyone's in particular. I've tried to educate myself about alternatives or adaptations, but I have to admit I haven't found anything especially convincing thus far.

malloryerik

2016-06-24
Japan is also being bludgeoned here with safe haven flows to the yen. Up 15% against sterling in a matter of hours. Up 5% against another safe haven, the USD... And they have negative interest rates... wow.

hkjgkjy

2016-06-24
Swede and EU citizen.

Saddened by this, but the people's voice shall rule.

What I would like to see is a more Swiss-style democratic involvement in EU. It is not for no reason many Europeans feel detached from what the EU does.

Gatsky

2016-06-24
Yet another example that immigration policy trumps pretty well all other concerns. This has played out several times in Australia. 5% of the population suddenly voted for a nationalist candidate Pauline Hanson who came from nowhere, had no policies, no credibility and no clue just because she was against immigration. Major political parties took note that day, and since then they have in various roundabout ways adopted a similar stance on immigration, knowing that it is electoral suicide to entertain reform.

It was sobering to see Brexit campaigners citing Australia's immigration policy as a 'good system'. In reality it is the opposite of courageous and humane government. But clearly, it's what people want...

beninvalencia

2016-06-24
As other comments have noted, the point is that the EU will not want to give the UK a good deal on leaving, because the EU does not want to give any encouragement to the other countries which want to leave the EU (some of which want to leave more strongly than the UK do - apparently).

Secondly, why would the UK end up with a Norway or Switzerland deal, when the UK is the 5th largest economy in the world? This is unprecedented. This isn't some one sided negotiation.

The EU needs the UK. If you sift through the garbage press, you'll see that the BDI in Germany - "The Voice of German Industry" - says that trade curbs against the UK would be "foolish". Of course they would be! Do you know how many German cars are sold in the UK each year?

"About a fifth of all cars produced in Germany last year, or around 820,000 vehicles, were exported to the UK, making it the single biggest destination by volume." Source: FT.com

"The UK is the fourth-biggest export market for German engineering companies, with sales of €6.8bn last year." Source: FT.com

The scaremongering goes on even after the vote has been called...

sandworm101

2016-06-24
But you assume that people in the UK have an alternative to those German cars. They don't. Germany makes better cars than anyone else. Brits will still buy them, they will just now be more expensive.

Two words: British Leyland

matt_wulfeck

2016-06-24
I'll take my position as a "leave". In my opinion recent years has shown that power centralization brings a lot of harm. Even among our own government, I'll predict we'll find more value on powerful local and state governments.

FajitaNachos

2016-06-24
U.S. market futures are taking a nice dump.

wildmusings

2016-06-24
Take the US federal government, take away 2/3 of Congress's powers, give all of those powers to the civil service, and then replace the President with a committee appointed by state governments on a staggered basis. That's the EU.

Congratulations Britain, today you took back control of your own destiny.

asddubs

2016-06-24
so uh, slightly random question, if i import things from great britain to the EU, do I have to pay import taxes now, or is there a "grace period"?

tzs

2016-06-24
Considering what parts of the UK preferred to stay and which preferred to leave, I wonder if overall the way to give the most people what they want would have been to leave the UK in the EU but have England leave the UK.

spdy

2016-06-24
And the 100 year cycle is in full effect. Sad times ...

sidcool

2016-06-24
I wonder the role of the US in this.

sengork

2016-06-24
This correlates with XE.com currency converter website being down at the moment. Probably due to the pound value fluctuating...

ziyadparekh

2016-06-24
What does mean for the US economy in terms of exports to the UK and larger EU countries? The pound drops sharply (~15%). The Euro down to $1.08. Does this mean that a stronger dollar will negatively impact US exports?

pbarnes_1

2016-06-24
This is a disaster. Something with such a huge impact on global society as a whole should have required a 2/3 majority.

owenversteeg

2016-06-24
Since for some reason the larger, older, higher-voted, more popular thread was marked as a dupe I'm copying my popular comment over here:

The BBC just announced that "Britain has voted to leave the European Union".

Leave only needs 2,105,984 more votes to win. [edit 12:15am EST] 1,715,256 votes now and closing fast. [edit 12:19am EST] 1,196,678 [edit 12:27am EST] 894,189 [edit 12:31am EST] 785,549 [edit 12:37am EST] 741,795 [edit 12:38am EST] 592,337 [edit 12:45am EST] 448,596 [edit 12:46am EST] 373,532 [edit 12:51am EST] 308,519 [edit 12:57am EST] 94,635 [edit 1:00am EST] 37,665 [edit 1:02am EST] 0. The UK has officially voted to leave.

Predicted result: Leave 52%, Remain 48%

Wow. So what happens now?

- Scotland voted 62% Remain. The SNP said it will call a second independence referendum if Leave wins. Many estimate that the independence movement will win this time around. Literally every single Scottish division voted to remain.

- Gibraltar will probably be royally screwed [0] as well as some other areas that are heavily dependent on trade/travel with EU countries

- The pound drops like a rock. Was stable at $1.48 all day, peaked at $1.50 earlier after Remain was doing well (~6pm EST), now at $1.33 (12:13am EST), now at $1.32 (12:21am EST) and the lowest level since 1985. In 1985 it hit $1.08, which was then the lowest value in a very long time.

- The pound is down 17% from the yen by the way.

- Other independence movements in other EU countries gain a bit of legitimacy. The euro drops (currently at $1.09, down four cents or 3%), and the yen gains (currently up 6%) (12:25am EST)

- For those of us fortunate enough to have our savings in dollars, everything denominated in pounds is currently on a 12% off sale.

[0] https://news.ycombinator.com/item?id=11965342

slg

2016-06-24
I think this should be a wake up call for those of us who are American. Populist movements that rely heavily on anger, fear, and anti-immigration rhetoric can still be effective in western democracies even if a large majority of experts think it shouldn't and won't happen. This is the first time I have legitimately thought we might end up with a Trump presidency.

arethuza

2016-06-24
I wonder if the EU will now say that Scotland can get membership if we vote for independence? Obviously they couldn't do that while the UK was in the EU, but now that the UK wants to leave and Scotland doesn't that view might well change.

http://www.bbc.co.uk/news/uk-scotland-scotland-politics-3659...

NB On a personal note I am way more upset by this result than any other election or referendum I have voted in - even the first Scottish Independence Referendum.

rdtsc

2016-06-24
Being selfish here, wonder how this affects US.

Even though on the surface EU and UK are alies and trade partners, it is not all black and white. I believe US will benefit because they will be able to play UK against EU and vice-versa to gain somehow. Say if EU doesn't allow import of US chicken they can go and try to persuade UK to not allow some import from EU in exchange for some other favor and so on.

Also, I wouldn't be surprised if this strengthens US's stock market in short to medium term, as everyone will flee to US stocks due to perceived volatility.

chubs

2016-06-24
The country that gave us the Magna Carta, literally the manuscript for limited-government liberty, has done it again, on (almost) its 800th anniversary! Super interesting days ahead.

meowface

2016-06-24
In my opinion, the chances of any sort of war at this point remain pretty low.

However, it's possible a Trump presidency and fractured EU might lead to a perfect storm for some kind of global conflict in a few years. I think still a low chance, but it does almost sound like the beginning chapter of a history book.

Sami_Lehtinen

2016-06-24
It's official - the UK has voted to leave the European Union.

kspaans

2016-06-24
If Northern Ireland can't secede and join the Republic of Ireland, what will happen to that land border?

force_reboot

2016-06-24
Really happy to see this. Of course this is about immigration. Moderates on all sides of politics in all countries have long asserted that it is important that Israel remain a "Jewish and democratic state". Now some right wing extremists have taken this same logic and applied to other countries :-)

justinzollars

2016-06-24
I wish people would stop opening pandoras box. This could get messy.

dang

2016-06-24
There was an earlier discussion at https://news.ycombinator.com/item?id=11964880, but that one was focused on the results in progress while this one is focused on the outcome, so we'll treat this one as current.

trekforever

2016-06-24
time to plan my cheap vacation from US to London

paganel

2016-06-24
> In my opinion, the chances of any sort of war at this point remain pretty low.

I would have said the same thing 4 or 5 years ago, but in the meantime we did in fact have a war in Europe, I'm talking about the war in Eastern Ukraine (which is still part of Europe). But you're sort of right, who can think of something like that spreading to the Western side of the continent?

Until last night I would would have answered: "no sane person", but after I saw the idiot Nigel Farage speak on the BBC (I don't actually follow UK politics, this was my first time hearing him actually speak) I had quite the internal shock. To hear a (what has now become) mainstream politician talk so vividly against immigration and against "multinationals" in 2016 was... don't know how to put it, harrowing. You're probably from the States where you people treat Trump like the idiot that he is and think that even if gets elected things will move on as usual, but us in this part of the world have had the privilege of slaughtering ourselves in the trenches of the Ardennes or in the steppes of Western Russia because of people like Farage in the past.

anigbrowl

2016-06-24
A disaster. The implications for the EU project, and for global stability, are grave.

Zpalmtree

2016-06-24
Really proud that my country chose democracy over a potential loss of money.

darawk

2016-06-24
So, devil's advocate here: Can someone explain to me why this is a bad thing? I feel like most educated people seem to think this is terrible (and the markets seem to agree), but to me, the European union seems like an anti-democratic institution that doesn't really provide much value.

I mean, don't me wrong, removing trade barriers is probably good. But won't the UK just be able to pretty quickly renegotiate basically similar terms again anyway? Are their trading partners really going to stop trading with them or substantially alter their tariff schedules as a result of this?

pastProlog

2016-06-24
At the end of the day, the EU as it is is something that was shoved onto the people of Europe by big business, bureaucrats, Eurocrats etc. Working people feel all the negative impact of open borders and so-called "free trade", and the 1% gets all the gains from it. The mass of people barely feel they have any control over the Parliament of the UK, never mind the even more remote government in Brussels.

Many see the EU as constituted as something concocted by bureaucrats in business and government, for their own ends, a view which I think is correct. So the UK or Greece and the like being fed up with the EU should come as no surprise.

I think the EU as organized is a bad idea. I don't think European integration is a bad idea, but it was done without much consultation of the populace of Europe, and things like this are the result.

In the US, the popular candidates with mass rallies bucking against their party establishments have been Trump and Sanders, although Sanders was pushed aside for the establishment candidate with the help of superdelegates etc. Congressional job ratings for 2016 fluctuated between 13% to 18% approval, 75-84% disapproval. The average American feels alienated from Washington DC because Washington DC is unresponsive to the desires of the average American. The situation is not dissimilar from Europe.

lifeisstillgood

2016-06-24
Let's call the rising tide of politicians shouting "Our Nation First!" (And stage whispering "Our Race First") something like "the New Right". Not fascism per se but isolationist, anti-laissez faire and definitely anti-science.

So what is "The New Left"? Left wing politics in the UK is in disarray, Bernie Saunders espouses a vision that most of Europe sees as frankly old hat centrist, and there is no defining political viewpoint that is encompassing the (now dispossessed) young, the march of technology, the lessons learnt over communism and socialism.

Is the answer just to double down on democracy? Turn to your principles in time of trouble? We are losing the argument in open debate though. Just more "trust us, this is business as usual" does not seem to be a rallying cry.

Where is the intellectual core of what will oppose the New Right?

627467

2016-06-24
The alt-right agenda gets their first win. It's not just crazy ideas that people will never validate.

srott

2016-06-24
I wish they would revert to Imperial units.

davnn

2016-06-24
I truly do not understand our society. Europe is split, even if the countries aren't, the people are. Every political decision ends up being a race of the well-educated against the less-educated. The clash of classes happens not only in Europe, the Trump success is the same story. Maybe I'm just too young and uninformed to understand and that's how the world works ever since?

csjr

2016-06-24
Too soon to calculate the damage on the markets and how long until recovery?

sverige

2016-06-24
What about the precedent of the previous, say, five or six centuries of European history? All of that is, in part, the story of "other countries' own interests."

History has rightly judged Neville Chamberlain as an abysmal failure in dealing with German interests. I'm happy that Britain has given Merkel and her cronies the finger.

arisAlexis

2016-06-24
The historians of the future will point at Greece for playing a major role in brexit and any subsequent demise of Europe with gaming the financial system and f*ng up the immigration issue.

disordinary

2016-06-24
The average age of someone who is voting to leave is above 60, the average age of someone who is voting to stay is below 35. The older generation have voted for something that the younger generation did not want but are now stuck with. They have voted away their future for short term gains.

The sooner the baby boomers are all retired the better.

addicted

2016-06-24
[quote]Nigel Farage, the Ukip leader, has told ITV’s Good Morning Britain that he thought it was a mistake for the Vote Leave campaign to say that it could save £350m a week by leaving the EU and that the money could go to the NHS.[/quote]

Well, nice to see that UKIP is wasting no time backtracking from the lies they sold this vote with.

baristaGeek

2016-06-24
I'm hearing a lot of people comment that this will cause a huge macroeconomic deficit worldwide, and I'm going to briefly explain why I believe the Pound Sterling's 9% devaluation is purely speculative.

The UK simply didn't buy the EU's story about the Euro, and now they want a fully independent monetary policy. I'm not sure how much they have studied such possibility, but I bet that taking this to a democratic level was a data-driven decision.

The EU is going to want to put some political pressure for sure, but I don't think that they are going to want to do such a huge damage as wanting to establish a trade embargo with the 5th biggest economy of the world.

glenndebacker

2016-06-24
You know what I shows a lot how trustworthy a Great Britain is. Begging (you know the period where De Gaulles had his veto ?) to get in the EU because their economy was not doing great and from the moment that there are some problems, instead of dealing with those problems getting out.

That being said as a European I couldn't care for the fifth "biggest" economy and I really hope that the EU keeps their 2 year timeline (if no deal can be reached in that timeframe it should be over) and deals on EU terms. They should not give a Switzerland or Norway deal without a hard bargain. My country and region is exposed a lot (jobs at our own country btw, trade,... ) and we where slowly recovering and now we are kicked down again. In the future we need to look for better and reliable business partners.

Also it's sickening to see how this give extreme right wing parties (and not right wing in the American sense, but really racist xenophobic parties) a boost. All old is new again, it is only 70 ago years we saw the same uprising of these kind of parties. I do hope that this doesn't jeopardize peace at the main land, that I fear the most. I can only imagine that a Putin is having the day of his life.

On a political sense I think in the end the EU can be possible better of, they never had a constructive attitude. With all the special statuses it got, it was already an island in Europe.

Btw seeing how the Euro is also falling, the whole idea of a weakened pound which have a positive impact regarding trade is also seriously backfiring. UK goods and services are still as expensive, maybe more after today.

imperio59

2016-06-24
The most interesting thing is the age distribution of votes: HOW AGES VOTED (YouGov poll) 18-24: 75% Remain 25-49: 56% Remain 50-64: 44% Remain 65+: 39% Remain

Read into it what you wish, but this really sucks for the younger generation who did not want this yet will be stuck with this decision, likely for their entire lifetime.

bromuro

2016-06-24
As someone who doesn't want this neo-liberist, anti-democratic EU I see this as a very good news. Let's hope Denmark and France to follow.

zghst

2016-06-24
Really shows how good of a "union" they left with all the scaremongering going on.

dhruvrrp

2016-06-24
So as this vote is non binding, the UK lawmakers would be responsible for repealing the EU membership. But since Scotland voted overwhelmingly to stay, could the Scottish MPs block the actual exit?

dangjc

2016-06-24
Is modifying the free movement of people provision a workable compromise? The Swiss recently also voted to limit EU immigration. Sweden, Denmark, and France recently had temporary border controls to deal with refugees. Maybe there should be stronger adjustment mechanisms so people aren't 100% free to move en masse for now, yet still have the long term goal of achieving the freedom of movement ideal.

djyde

2016-06-24
It's time to buy Alfred powerpack :P

pavlov

2016-06-24
I'm a Finn, and always thought that UK could be an interesting place to live some day. This decision completely destroys that possibility because moving to a non-EU country is not a realistic option -- I wouldn't go out of my way to look for bureaucratic headaches. Since the UK doesn't want people like me, I guess it will increasingly become another place I never think about.

This was a major win for isolationism, but it's not clear to me why an island wants to be increasingly isolated. When you're already geographically isolated, wouldn't you want to try to compensate against that by reducing mental isolation rather than actively reinforcing it?

Ultimate independence is when people forget you exist at all.

eksemplar

2016-06-24
Is there really an UK left if North Ireland and Scotland deciede to leave?

beedogs

2016-06-24
Welcome to recession, England. You voted for it.

iamflimflam1

2016-06-24
The map here http://www.bbc.co.uk/news/politics/eu_referendum/results is pretty frightening for the UK - Scotland will demand another independence referendum. This time they will win and it's the end of the United Kingdom.

ivoras

2016-06-24
One more thing: the UK was the official reason English is one of the languages of the EU (same as, on paper at least, with all the other languages). It will require some more fiddling to keep it so.

osmala

2016-06-24
The controlling political parties in rest of EU have huge interest of making Brexit costly to Britain even if it hurts their own country. If Brexit is successful and Britain improves then Euro-optimistic parties suffer future elections. Britain is having to negotiate with lots of countries interests, each controlled by political parties with their own agendas and trying to win against other parties in their next elections. Getting rid of eastern European immigration was main reason of Brexit now Britain has to get approval of countries whose population they just slandered in elections.

Its unlikely to have ANY deal between EU and Britain, there are too many conflicting interests. So the end result is that all the EU deals just end and there is no replacement deal for them. Problem is when lots of countries want to leave their own mark on the deal and lot of people in the deal making process has vested interest in making bad deal for britain and Britain really cannot approve such deals.

garyclarke27

2016-06-24
Britsh Turkeys just voted for Christmas. V sad day I am utterly depressed, sets back civilisation's progress by a generation. One lesson from this is - Never underestimate the stupidity of the majority. US will be next and vote Trump in.

lucb1e

2016-06-24
What's most interesting about this thread to me is that before the vote the general consensus was "nobody knows what's better anymore anyway, hence also the close call". Now that the decision has been made to leave, most agree it was a big mistake and predict all sorts of bad consequences. What changed?

known

2016-06-24
EU is only good for export-oriented countries; Imagine CHINDIA as a EU member :)

siscia

2016-06-24
We are all talking about economics but the whole deal is way more noble than mere money.

No European ever has never think "woow this shinny $consumer_object is been produced inside the EU so I don't get to pay the import tax" but every single European younger than 50 at least once in its life has open up the Ryanair website and thought "for 30€ I guess this weekend I will be in London/Paris/Berlin/Madrid/Rome".

The whole point of the European union is to be able to watch rugby with the English, get drunk in Berlin with good beer, being lazy at the seaside for a whole day with the Italians, have sex (or at least try to) with smoking hot French girls. And yes I can use the most stupid stereotypes because we all know that those are just stereotype and we can make fun of each other like only good friends can.

The most infuriating thing is that the oldest part of the English population is taking aways these opportunities from the youngest British.

juliangamble

2016-06-24
Murdochracy at work...

alkonaut

2016-06-24
I fail to understand how this is a referendum on migration as it is claimed to be. The movement of people with the EU is independent of the flow of people into the EU (the "migrant crisis" of the Syrian war for example).

So how is it about migration? Are UK voters afraid of eastern European EU migrants or is it something else?

If anything, being a part of the EU allows the UK to force migrants to seek asylum in the country where they entered the EU. Outside the EU I don't think they will have that possibility?

wildpeaks

2016-06-24
Guess I'll have to move my Git hosting elsewhere then. That's too bad, I was quite fond of Codebase.

dandare

2016-06-24
To understand how irrational the voters decision is, consider this story: here in Czech Republic, many people now "oppose the dictate of the EU" because as a part of consumer protection scheme introduced by EU Czechia's favourite margarine brand had to change it's name from butter to margarine. Only butter products can be labeled butter now and this has become a fuel in the increase of eurosceptics. Fubar.

internaut

2016-06-24
Ctrl-F:lies

We should be talking about the lies.

I'm pleased for the British and think in the long haul this is the correct decision.

Right now though that interests me less than what happened with the media. It was all lies on every level I can think of. Even the Kippers thought they had lost the war.

Is anybody going to talk about the fact that when the polls closed odds showed 95% chance of Leave?

This was all very highly coordinated propaganda. What other reasonable explanation is there? Occam's Razor says: conspiracy is the simplest explanation.

Really if you have a good explanation I'll be waiting to hear it.

nailer

2016-06-24
Tried to warn HN yesterday about this, it reached the front page in seconds then was flagkilled despite being massively relevant to British tech startups: http://news.ycombinator.com/item?id=11952724

estefan

2016-06-24
...and Cameron announces his resignation... nearly... will he...? and... yes. His position was untenable.

It goes from bad to worse. Leaving the EU and now we'll get Boris Johnson as well.

cm2187

2016-06-24
To those who think the UK will be hurt more than the EU, I find it interesting that the FTSE (-8.4%) is down less than the DAX (-9.5%)

http://www.bloomberg.com/markets/stocks

Obviously if you compound that with the pound losing 10% a FTSE investor is worse off. But my boss has met many investors recently and his feedback was that more investors were concerned for the future of the EU rather than the future of the UK.

andy_ppp

2016-06-24
There will be massive trade barriers put up by the EU/Germany - this could spell the end of the entire European project - look at how hard Greece got screwed to make sure other countries like Spain and Italy didn't think about leaving the Euro. That German cars will cost more in the UK (like everything else) really won't affect Germany as much as the end of Europe.

And now Cameron resigns - I'm shocked.

johndoez2

2016-06-24
This was a very close vote. It should have gone to Remain. But the culprit was the chancellor, who threatened people with a punishment budget. The English do not like to be blackmailed. I think this was very much a "F-U" vote. It is a classic example of a stupid mistake by a single politician.

threeseed

2016-06-24
> Obama threatened the UK of no trade deal.

He NEVER said that. You're either lying or ignorant.

He simply said that the UK would go to the back of the line for trade deals and given it is simply a smaller market than the EU this is understandably so.

_ph_

2016-06-24
A very sad day for everyone in Europe. The EU is not only about trade regulations, but about a continent who had a not very peaceful history finally growing together. The freedom of movement for European citizens was not only "convenient" but in fact an important civil right. When you live or have a business in one state of the US, you are bound to local regulations of course, but being part of the US granted you a lot of fundamental rights and freedoms. In my eyes, the EU was very much about the same thing. It didn't matter in which part of the EU you lived or had your business. Being part of the EU granted you rights and equal access to the rest of Europe.

The EU in my eyes should aspire, to what the US has achieved already, being a large region, composed of quite a lot of different states, which are united, so that there are no arbitrary geographic borders limiting the freedom and the rights of the individual. This is not always easy, and it means, that the richer parts have to give to the poorer, but that is just basic humanity.

Especially I am sad for the young generation in the UK. A very large part (about 75%) voted to stay in Europe, and this future is taken from them. I would guess no small part of them will try to move to the remaining EU states.

jacquesm

2016-06-24
Surprising that a simple majority is enough to effect such a massive change, one would expect that a supermajority would be required to change the status quo.

It's a sad day for the UK's younger generation who voted overwhelmingly to stay, the older generation, who will depend for their bread and butter on the younger ones has just made their life a lot harder.

Everybody that's gleefully celebrating will be in an excellent position to review their take on this in a couple of years when the real impact will be a lot more clear than it is today.

tajen

2016-06-24
I had no opinion about UK leaving Europe (because we don't know what their new situation will be), but I just wish a referendum existed every few years for all international treaties signed by our leaders, when they act as law. I'm looking at you, TPP and TTIP.

ck2

2016-06-24
My question as an ignorant American is does this mean other countries might also leave and how many can leave before it collapses?

acd

2016-06-24
It is sad that Britain leaves the EU. Britain is one of EUs founding countries. One can wonder how this on the long term affects peace in Europe if there are external challenges like a country being invaded.

A good thing I can see is that British offshore banking will not be allowed to siphon off European tax payers money. In my country there is things like pharmacies where medicines are payed by the wellfare state that is owned in British tax havens. Right now that is the only positive effect I can see that may end.

In light Norway and Switzerland are also doing ok as countries.

k-mcgrady

2016-06-24
What an absolute disaster. From what I've seen it was pretty evenly split (although a couple of points towards remain) in all age brackets up to 75+. People who won't be here in a few years when we actually leave have decided the fate of the country. If Scotland can do a deal with the EU to become a member if they can gain independence they'll win that, and the joint-ruling party in Northern Ireland is calling for a border poll as NI, like Scotland, voted remain (and the result is arguably going to have the biggest effect on Ireland).

In my opinion the biggest issue in this campaign has been the propaganda. Already Nigel Farage has been on TV admitting one of the campaigns ads was completely wrong and any one I've seen defending a leave vote simply has the response "we couldn't let things stay the same". On both sides, despite months of campaigning, voters are completely uneducated on the consequences of either decision.

interdrift

2016-06-24
When I read this I imagine the type of 'leave' voters : old grannies and grandpa's who lived all their lives in a rat hole and doing their backyard. 75% of the youth voted stay. This just shows the huge gap of information that the youth has and the same not used information by the old generations

nmy

2016-06-24
Many US companies open a branch in London to enter the EU. It will be interesting to watch whether it does continue or if they choose another EU country.

joe563323

2016-06-24
Does it affect asia ?

aryehof

2016-06-24
I think the original EU (EEC) idea of a free economic trade zone was one that members could share and embrace. However, the Maastricht Treaty in 1993 went too far in "uniting" countries which do not have shared values, cultures and economic systems and priorities.

Now we have a two-tier Europe with rich and poorer EU states. Capital and investment leaves the rich states for the poorer ones because of low wages and costs, while population leaves the poor for the richer states for their higher paying jobs and generous social welfare support.

Guess where all the refugees and economic migrants want to live?

It's a reality that cannot be sustained.

codecamper

2016-06-24
Hmm... What happens to the union with Ireland then?

Will it still be possible to travel from Ireland to the UK without showing documents?

If not... then will there be a new fence across Ireland (between north and south)?

coffeeaddicted

2016-06-24
I blame the cookie law. You force millions of websurfers to click daily on OK buttons which basically say "EU make some bloody stupid laws" and you get some advertisment effect in the end.

dharma1

2016-06-24
I wonder how much bank the funds that shorted the pound are making. Some conducted their own polls

MrLeftHand

2016-06-24
My gosh, loads of people commenting.

Hacker news is indulged in politics as we speak. It's a shame really.

But to add my views to the board...

Yes the EU wasn't perfect. I wouldn't call it undemocratic, or despotic, or communist, fascist, etc...

But it was start of something getting people together. Making Europe a whole.

Now the Brexit sparked other right wing parties in member countries to gain popularity. And we all can remember where far right nationalism leads to.

Remember Hitler being on the cover of Time magazine? Because I do.

tmptmp

2016-06-24
I wish to point out an important but not-directly-economical angle to Brexit that has seemed to play an important role.

I wish the liberals take a notice of the problem of immigration, mainly the immigration of from Islamic countries. I am a liberal at the core. But what I have found that when it comes to Islam, many mainstream liberals and liberal politicians follow a double standard. The legitimate criticism of Islam, Quran and its prophet are shunned by many mainstream liberals by labeling it as racist attacks, Islamophobia, far-right and what not. I call such people phoney liberals.

The phoney liberals take a stance that the Britons/Europeans should bend over backwards to accommodate Muslims along with their medieval, backward Islamic way of life in order for the integration. They never tell Muslims in clear words that "Look, we have a policy of separation of church and state, in your case it means separation of mosque and state. You should accept, if you want to live here, that we value freedom of speech and that includes freedom to offend you too by criticizing Islam or by making fun of your religion, your prophet, your scriptures and your religious practices." But what did the phoney liberals do after Charlie Hebdo episode? They criticized the tabloid for being offending to Muslims.

A liberal thinker Bill Maher has put this in a very good manner [1],[2],[3],[4]

[1] https://www.youtube.com/watch?v=ntv3a80RGiw

[2] https://www.youtube.com/watch?v=PL8rZTuGfZo

[3] https://www.youtube.com/watch?v=75Zfgj2k0KM

[4] https://www.youtube.com/watch?v=ipu0ifyC-Xc

chvid

2016-06-24
If this is followed by a Trump win in the US, it will mark the biggest change in mature men's hair style of recent times.

cabalamat

2016-06-24
> What culture do Germans, Greeks, Latvians, Bulgarians, Fins, and Spaniards share?

The one that used to be called the Roman Empire, then Christendom, and is now called Western Civilisation. It is also arguably the greatest achievement of the human species.

alva

2016-06-24
A beautiful day for the UK.

No longer will those with "wrong opinions" be shut out of debate and policy because they are conditioned with a pavlovian response of fear from being called bad names

register

2016-06-24
This vote achieves two objectives. The first is to clarify the position of UK in Europe that has always been ambiguous. The second is to weaken the leadership of Germany showing clearly that they are leading in the wrong direction.In the end I believe that the long term conseguences will be beneficial for the rest of Europe.But UK has to pay the conseguences of their choices. I was already strongly skeptical, after the LIBOR scandal, about having London as the main stock exchange in Europe. After this vote I am completely against it: I want the main European stock exchange to BE IN EUROPE. Frankfurt or Paris are the most natural candidates.

PythonicAlpha

2016-06-24
That is a clear vote against a Europe that is not about democracy or peace, but solely about trade regulations and the interests of big corporations.

The people in Europe see, how many regulations just come from Brussels to be just acknowledged by their own parliaments and the democratic process is just circumvented. They see, how much is just for the benefit of big corporations and not for their benefit.

In Germany, we see, how the European idea is misused by our own politicians to bring up laws that they would not dare to let be voted on in their own parliaments. They just go to Brussels, let the law be decided there without much democratic intervention and than the law comes back into our country to be just acknowledged without discussions.

The European idea is (was) a good one. A really united Europe would be a good thing and also a strong one. But that is just an idea and not the reality. We saw it with Greece. We are not united. In the end, every nation is just looking on their own benefits and money. We Germans really acted shamefully in this situation and we already have a big trench between northern and southern Europe. Old sentiments and even hatred is growing again in the EU.

The idea was, to have a Europe, where never again will be war. We are now steering in a direction, where wars are getting more likely again, this time because of the EU and the Euro.

Is it good, that UK leaves the EU? No, it is not.

The only thing, I hope is, that the politicians might learn a lesson from it or the whole EU will break.

code_research

2016-06-24
"need to install flash player" everywhere, what a shame. This is the BBC - really annoying.

yarou

2016-06-24
This is really a historic moment. It could signal the end of the Maastricht experiment.

A long and protracted disengagement period will only worsen volatility in the market, because of uncertainty around trade deals, as well as the political uncertainty of the UK itself.

Not to sound like I'm wearing a tinfoil hat, but it's not surprising that Soros decided to go long on gold when he did.

rcarmo

2016-06-24
The tech industry is going to be upended: investment gone, nearshoring companies essentially gutted of their cost advantages, and the London startup ecosystem severely damaged, since _a lot_ of tech workers in the UK are expats.

Might be an opportunity for some (am hopeful that the Web Summit moving to Lisbon will boost things here), but I'm not sure there will be any substantial upside for this anywhere...

return0

2016-06-24
It could prove to be a bad, really bad decision for the UK. It could probably be a great gift to those who despise the UK in the EU. The british overestimate the power of their economy at this moment i believe.

- They had the unique privilege of a strong, international financial sector within the EU, while simultaneously having their own monetary policy. This attracted foreign capital, and this capital will feel less safe now.

- They profit massively from the import of EU workers, not just the low-paying ones. Lots and lots of academics were welcomed to the huge academic sector. These workers don't have familial ties to the UK, they can move to another european country easily.

- They profit from having hundreds of thousands EU students in UK universities. They used this arm to export their ideas and technology. This means their influence in the continent will be severely limited now.

The resignation of David Cameron is a testament to what a big failure this is. I am still of the opinion that the referendum was more of a way to blow off steam for various issues , and the EU is used as a scapegoat here. Unfortunately, whatever the motives, in democracies decisions are respected. On the other hand, this presents plenty of opportunity for european countries, which stand to benefit from an inevitable shift of commercial activity.

PS. What is funny is that british english will no longer be a EU language, even though it is the most widely used language in europe. I guess we 'll start using the maltese or irish accents more often .

herbst

2016-06-24
Really happy for the UK. Hope they can figure out a way to make this work without the EU trying to make a example out of them why you should never quit the EU.

_Codemonkeyism

2016-06-24
Young people in the UK got really really screwed.

anothermouse

2016-06-24
For those of you outside the UK, please realise that this was not a xenophobic vote. Just because there were racist scum in the crowd voting brexit, doesn't mean all brexit supporters are likewise.

There are many reasons why people voted to leave but the journalism covering this seemed to only be able to cover the sensationalist parts of the debate in the most childish fashion. This needed a serious discussion amongst adults, with a lot of thought and we didn't get it.

So if it wasn't some racist backlash to immigration, then what was it? While I can't speak for all, here is a piece that explains many of the issues that people actually have with Europe, delivered in the serious manner that I wish more of the debate had been.

http://www.conservativehome.com/platform/2016/02/david-davis...

jliptzin

2016-06-24
I am from the US visiting Germany for the last couple of weeks. You guys need to cool it with the football. Parading in the streets wearing the German flag after winning a game vs Poland, harassing someone wearing a polish flag cap. Really? Combine that with an EU breakdown and you guys are going to start WW3.

secfirstmd

2016-06-24
People of Ireland speaking here:

-Want to stay in the EU?

-Enjoy low corporate tax rate of 12.5%? Pro-business government?

-Enjoy friendly, well educated, English speaking, Pro-American people, good beer, decent music, nice quality of life, low crime and safe green natural environment?

Invest in Ireland -> http://www.idaireland.com

This has been a public service announcement from the country next door. #irelandlovesyou :)

jld89

2016-06-24
Better a divorce now than later. They've been wanting to leave since the 80's. Everyone will be better off.

banach

2016-06-24
On the contrary, historical perspective is essential in understanding the issues that the EU is going through currently. If the German leadership took a good look in the mirror, it would see that it is subjecting Greece to a replica of the Treaty of Versaille and, as a result, should expect similar consequences. The PR outfall of that debacle is probably what pushed the Brits to vote for exit.

50CNT

2016-06-24
Since the discussion keeps circling back to effects and economics, I found this paper on "The Economic Impact of EU membership on the UK"[0] published by what looks like the House of Commons, which includes cost-benefit analyses of EU membership, effect of the EU on UK trade relations, impact of immigration from the EU, impact of EU regulation, Fiscal consequences of EU membership, etc.

Whilst it doesn't seem to cover every nuance of the situation, it adresses some of the points brought up for discussion in this thread, such as punitive tariffs (ruled out based on WTO non-discrimination rule), and seems like a fairly unbiased primer. It's fairly short too, 32 pages, written for a MP level of reading comprehension.

[0]researchbriefings.files.parliament.uk/documents/SN06730/SN06730.pdf

sidcool

2016-06-24
So apparently the majority can be convinced to do something silly; who would have thought that happening in a modern, civilized, western world, the connected world, the flat earth!

We underestimate the power of idiots in large numbers.

luxpir

2016-06-24
"For the agreement to enter into force it needs to be approved by at least 72 percent of the continuing member states" [0].

[0] - https://en.wikipedia.org/wiki/United_Kingdom_withdrawal_from...

nicotonico

2016-06-24
Of course. Civilisation is built with wars and by killing those who don't share the values of the majority. Why? Because if you don't do it, somebody else will do it to you. As simple as that.

Pacifists are nuts.

323454

2016-06-24
Looking at the age split in the vote, if I were a young Brit I would be considering tax evasion as a form of protest. If the older generation wants a free ride while simultaneously cannibalising the future of the young, let em starve (in the sense of reduced government services).

Khaine

2016-06-24
I think this shows the dangers in ignoring those without power. For to long, people who were made worse off by integration with the EU were ignored, when they voiced concern about immigration were shouted down as racist, were mocked, were made to feel stupid and now this is the result.

I'm not saying that racism or xenophobia did not play a part, but when you brush everyone with concerns with that brush you push them towards extremism.

This is a sad day for the EU and for the UK. This is a bad outcome for each side. I'm not sure where we go from here.

mk89

2016-06-24
Although I do understand a lot of comments about how sad and bad it is for Europe and for growth of this European identity, I am also of the idea that if a country doesn't want to stay, well, don't. I am alright, it means that Europe will have more decision-making power. It was a pain in the ass every once in a while to assist to UK's requests and threatens. We can focus now on how to make a better Europe. And things will move - very slowly, but they will. That's how history is, after all.

Ah, just saying: the amount of refugees / people requesting asylum to UK is way less than in Germany/Hungary/Sweden just to mention some. This was just a populist move/slogan.

api

2016-06-24
Well hey, so much for interest rates rising anytime soon. Probably good for tech funding, but bad for many other things.

But that's the only kind of shamelessly self-interested sort of kind of silver lining I can think of. This is pretty bad IMHO.

alexnewman

2016-06-24
I never hear people bring up the undemocratic nature of the EU. Heck most Americans think the troika is a town in Greece

jaoued

2016-06-24
"Put 11 fools on one side, 10 philosophers on the other side ... fools prevail. That's democracy " Jacques Brel

nspattak

2016-06-24
The EU is nowehere near what its declaration stated. aka there are fundamental problems in this union which the EU is trying to hide under the carpet but they can not be hidden.

What I find surprising is that it is the British who first decide to act about them instead of the southerns.

return0

2016-06-24
Note to self:

- Learn german

- Invest in german language schools

notacoward

2016-06-24
That's a very strange, and in some cases inaccurate, portrayal of history.

* The British were not an external enemy. That would have been the French. For the most part, even the people leading the revolution were proud of being British subjects and would have liked to remain so, but could no longer tolerate the conditions being attached to that status. Our enemy was recognized to be our own cousins, not some external force.

* The shared dream of settling the continent was real but - given that said continent was already occupied and settling it meant exterminating the current residents - it's not something I'd want to put forward as key to our identity.

* Shared culture, language, religion? Language, mostly. The Puritans in New England didn't really have much to say to the Quakers in Philadelphia, and both had even less in common with the not-particularly-religious folks down in Virginia. Yes, I guess they all were (or at least professed to be) Christians, but that's not too different than Europe today.

So, basically, the difference between the US and the EU, according to the criteria you've mentioned, is that the US united to commit genocide and the EU united to avoid it. Congratulations on making the point that the two cases are different.

arca_vorago

2016-06-24
This is good for the UK but bad for Europe, but y'all won't fully understand this move unless you edge into conspiracy theory territory. Allow me to take you there for a moment.

The supranational oligarchy is mostly concentrated in a few key places in the world, Wall Street, City of London, Vatican City, DC, Switzerland, etc. The supranational oligarchy the most in control though according to my estimations is City of London. I analyze from an American perspective and Wall Street and DC seem to have rolled over for them on most occasions.

That being said, the true goal of the oligarchy is a collectivist global government model. The problem is the collectivist model hurts the countries that join it while propping up their oligarchy.

I predicted months ago UK would leave because they are the ones who pushed the EU onto the Europeans in the first place, (keeping the pound was a dead giveaway), and now I simply think they are aiming to maintain local order and prosperity at a higher level than Europe so as to keep their people placated somewhat.

Next up, massive restrictions on Immigration in the UK.

Recommended reader for background, anything by Carroll Quigley.

ratsimihah

2016-06-24
If the prime minister is resigning, it seems the vote is irreversible? Does anyone know how the UK plans to grow back strong?

mmsimanga

2016-06-24
As an observer out here in Africa, I understand why the Brits may be fed up with the way immigration is being handled. The citizens of Europe are being told to be welcoming. However, there is no solution in sight in the home countries of the immigrants. When are all the wars in the Middle-East going to end? When are the African dictators holding their countries to ransom going to be replaced by good governments?

I purposely did not go into reasons why the said regions are unstable. At the end of the day the wars and governance issues need to be sorted out to stem the flow of immigrants. I don't think anyone has the answer. The solution is certainly not for the whole world to migrate to the "developed" countries.

codecamper

2016-06-24
Good developers must learn to ignore this sort of news & get back to work. That's what I'm going to do!

deepvibrations

2016-06-24
"When I was a young man, I wanted to change the world. I found it was difficult to change the world, so I tried to change my nation. When I found I couldn't change the nation, I began to focus on my town. I couldn't change the town and as an older man, I tried to change my family. Now, as an old man, I realize the only thing I can change is myself, and suddenly I realize that if long ago I had changed myself, I could have made an impact on my family. My family and I could have made an impact on our town. Their impact could have changed the nation and I could indeed have changed the world."

heyts

2016-06-24
This might be somewhat related and certainly is not encouraging in the current context, unfortunately.

https://news.ycombinator.com/item?id=11876453

Annatar

2016-06-24
The English, even to this present day, are not known for being benevolent masters... but they are known for being violent ones, who will stop at nothing to satisfy their short term interests. How many nations have the English downtrodden? How many do they still try to intimidate, bluff, or put pressure on, even as ordinary citizens in management positions?

Of small comfort then, is the fact that the English have abolished slavery in 1833.

To put it poetically, with one hand I embrace you, with another I stick my blade into your throat, while my boot tramples on your broken body, that's the portrayal one might construct from history and contemporary actions and thinking of the English.

And "the commonwealth", oh my! Australia was a penal colony, of, you guessed it, the English. Not the Scottish, not the Welsh, not the Irish (Irish were busy being downtrodden, Scottish were busy massively emigrating because they were poor, while London threw galant parties, and the Welsh were trying to muster every bit of strength and intellect they could, so as not to be assimilated), and New Zealand... oh yes, in "the commonwealth", but not before the English killed a good number of Maori, isn't it?

And then, we didn't even touch upon the mess that the English caused in India, or in Africa (Zulus really "got theirs" from the English, didn't they?), or the mess on the Bosphorus, or the "Arabian question of Palestine", the consequences of which the world is still suffering from today, with all the strife going on in Palestine... ah yes, our English, everybody else in Europe drives on the right, except in Anglo-Saxon lands, where it's of course the opposite... everybody else is on the metric system because it's practical, except for the English, who still scoff at that non-Imperial nonsense from Bruxelles, our "special Petunias", with their "traditions", who view the rest of EU citizens as immigrants... with such friends, who needs enemies?

As sad as I am that the English have decided to ruin it once again for everybody, I say: if the English think the standards shouldn't apply to them, if they think that they are special, well good riddance, and stay out of EU.

Pica_soO

2016-06-24
They will come back- the world is gone, where superpowers try to charm the small players. Just look how the us stripped the swiss (a fellow democracy) of its main buisness-model (tax-avoidance). If you are not sumo-sized you will get shoved around, even with nukes.

patrickaljord

2016-06-24
Am I the only one who kind of feel positive about this regardless of the negative consequences in the short term economically. I mean, democratically this is a landmark, the people have just decided to reject one of the biggest and most powerful government institution on Earth in a peaceful way, by voting. I don't think this has ever happened in the history of humanity that a people decided to say fuck you to a huge powerful government body and be done with it peacefully, just voting them out of their life. This in a way should be celebrated. I mean, the very goal of a democracy is the power for the people to do exactly that, remove and change their government institutions whenever they feel like it. It could also all turn out ok if the UK becomes a EEA member.

https://cdn-images-1.medium.com/max/1600/1*TD7RywMw4YnWGpfjR...

https://medium.com/@WhiteWednesday/poll-reveals-eea-option-h...

gloves

2016-06-24
Sad day. Shocked.

known

2016-06-24

mstade

2016-06-24
As a Swedish national doing business with clients in London, I fear the implications of this. As it were, I was able to stand up my business and start working with clients in London in a matter of a couple of weeks (with the lion's share of bureaucracy being Swedish, not cross-state.) No VISAs, no satellite entities, no special tax lawyers, just get a Swedish company up and start working with the UK. Done.

The EU may be flawed in many ways, but the free movement of people, goods, and services ain't one. Unfortunately, that flies squarely in the face of the leave campaign's "controlling the borders" message.

Sad day today.

known

2016-06-24
https://en.m.wikipedia.org/wiki/Dominant_minority should live in separate country

dschiptsov

2016-06-24
It probably "natural" for island nation with its own currency to remain "independent".

So, economically UK is doomed to be new Japan.

csense

2016-06-24
Contrarian opinion: I think Brexit's good for Britain. The EU is an example of the "tail wags the dog" situation which I think is similar to the way the American colonies felt about being ruled by Britain in the 1700's. Distant bureaucrats imposing rules not liked by the people they were imposed upon. For example the way the Germany / Greece situation worked out, with Germany feeling they had to spend money they didn't want to spend on Greece and Greece feeling like Germany was forcing them to impose austerity measures they really didn't want.

The British issue seems to be largely with immigration (foreigners working for cheap and bringing down wages for everybody else) and economics (Brits were promised the EU would bring them prosperity, and prosperity isn't in the room right now, so they want to leave). But it's the same sense of the British people feel they're suffering by rules were imposed by an external entity (the EU says they have to accept these immigrants and these economic policies even though they don't really want them).

The liberal opinion machine has done their best to paint pro-Brexit folks as racists, fascists, equating Brexit with Trump and Trump with Hitler. I think this is dishonest and not only slanders the conservative side, but reflects poorly on the liberal side as well (if calling the other side names is the best means of persuasion you have available, it says nothing flattering about the strength of your arguments.)

willyt

2016-06-24
People keep saying 'unelected bureaucracy', but this is a meme spread by the tabloid media. There is the council of ministers which is made up of representatives appointed by each country's democratically elected government. The council directs EU civil servants to draw up legislation. Every one of these representatives to the council has a veto over legislation that is proposed by it and control over how they are represented in the EU bureaucracy. There is then the EU parliament which is elected under a proportional representation system and has the ability to veto and propose amendments to decisions made by the council of ministers. Finally, EU directives are not 'laws' they are more like overarching goals that each country then passes into local laws to implement in detail, which is a further opportunity to kick back unwelcome legislation to the EU. Further, the EU employs civil servants at a ratio of civil servants to citizens of ~1/10000, compared to the UK ratio which is ~1/150. So it's not even particularly bureaucratic. If the council of ministers is making unpopular decisions it is because of a failure of democratically elected national governments to brief their representatives properly and engage with the process.

But the fact is that plenty of people don't have a clue how the EU works. On the streets of Britain, public services have been run down by underinvestment, house prices are out of control due a reluctance to reign in property speculation and good blue collar jobs with decent pensions are being lost to globalisation, automation and 'Uberisation' of the labour market. So a bunch of older poorer people in villages and small towns across England and Wales (not Scotland), read in the right wing tabloids that immigrants are to blame, they take this at face value and fall for it hook line and sinker and will ironically end up with an even more right wing government that no-one has voted for under Boris Johnson. What's more, it was clear that the vote was entirely down to fear of immigration not actual experience of immigration as the brexit vote was strongest in areas with the least immigrants. Places where people have never met a brown person voted most strongly for out based purely on fear stoked by tabloids peddling a racist agenda. Indeed some of UKIP's campaign posters were almost facsimiles of 1930's NAZI imagery.

There is a real democratic deficit in our system though. This referendum was proposed by the prime minister as part of a tactical gamble to control the right wing of his political party. This is a government which was only voted for by 1/3 of the electorate, and scraped through with a tiny majority of 6 MPs. The real wasteful bureaucracy with a strong dose of unelected elites is the UK parliament with the unelected House of Lords and the inefficient Houses of Parliament which is effectively a 'bistable' two party system due to the first past the post voting system. They waste unbelievable amounts of money changing things the previous government set up just in time for it all to be undone when they are voted out 10 years later. Political discourse amongst the populace seems like it is mostly dead in small town England and Wales, but it is striking to note however that political discourse is definitely not dead in Scotland and you can see the results as all of Scotland voted to remain. As an Englishman living in Scotland, and I speak for a lot of other English people I know up here too, I will definitely be voting to leave the UK and stay in the EU if the chance arises. There is plenty that is wrong with the EU, I think the council of ministers should be replaced, but it is at least as democratic as the UK parliament is now and more importantly it is a forward looking institution which is much more likely to evolve into something better than the UK parliament, especially after a vote like this.

youngButEager

2016-06-24
"The EU will be an easier-to-trade bloc of countries that will facilitate trade.

THAT WAS THE CLAIM.

Ask any English-born tradesperson trying to find work in England that pays anything.

The reality is the EU morphed into a Leftist prank to have open borders and CENTRAL GOVERNMENT (in Brussels, Belgium).

The Left says "let anyone into the country who wants to come."

Yet me and my software engineer peers are constantly undermined by the very same thing -- elitists attempts to undermine our wages by flooding the tech worker ranks with as many foreign workers as our worthless U.S. Congress will allow.

No freaking thank you.

When my friends bring up 'the U.S. must eliminate our national borders' and I bring up the fact that our jobs have been undercut, our salaries marginalized, by that very same thing -- over-supply of labor -- it makes them stop and think of this 'no more borders' differently.

dghughes

2016-06-24
I find it odd a United Kingdom doesn't want to be in a united Europe.

beninvalencia

2016-06-24
I think it should be said to clear things up that EU citizens in the UK are not going to be "chucked out". This is not going to happen and the major political figures have said as much on live broadcast today. Yes, it would be prudent to get indefinite leave to remain if you can or something more solid - whatever you can. But the UK needs you and even if a hardcore right wing lunatic tried to expel you it is completely impractical.

I also noticed some Irish people mentioning they would have to sell their house and leave - please for your sake, look up the official information on Irish/UK rules, you will find that they have freedom of movement regardless of the EU and in fact it goes much, much further than the EU rules.

Specifically: "Unlike other EU citizens, UK citizens may retire to Ireland without having to establish that they have sufficient resources or that they have private health insurance." http://www.citizensinformation.ie/en/moving_country/moving_t...

"Irish citizens automatically have a right to reside in the UK as part of the common travel area. If you were habitually resident in Ireland or any of the other places in the common travel area before you came to the UK, you will automatically satisfy the conditions of the HRT." https://www.citizensadvice.org.uk/benefits/coming-from-abroa...

I think everybody needs to try and calm down. Even though a great many of us would have preferred not to leave, this can be OK.

The UK can easily end up in the EEA which has freedom of movement etc anyway.

This is not the time for panicked reactions!

mlu

2016-06-24
Why did they let the people decide in a direct referendum in the first place? That seems like a terrible idea for such a complex matter.

mohsinr

2016-06-24
2k+ comments wow!

subie

2016-06-24
2016'th comment.

univalent

2016-06-24
Hate to use a poker analogy but: Cameron forgot the cardinal rule of gambling. Always leave yourself 'outs'. He raised the stakes when he had little to gain (shut up some dissidents in his party?) and everything to lose. No one forced him to do that.

Chromozon

2016-06-24
This is what happens when major decisions can be determined a simple majority vote. What does 52 to 48 mean? It means UNDECIDED. Half the country feels one way, and the other half feels the other way. For a change this large, it should require at least a 60/40 vote. If the population is undecided, why on earth would you suddenly stop what you have been doing for the last 50 years (which has worked out fine) and go down a different path? There needs to be much more of a push in the other direction.

_audakel

2016-06-24
Going out on a tangent - Would California be more successful as an independent country rather than as a state of the US?

As things stand, California is currently the eighth largest economy in the world on their own. 17 of the top 30 U.S. tech companies are in California, which should come as no surprise. Tourism, entertainment, biotech, and agriculture are multibillion dollar industries already. Aerospace and defense contracts still rake in around $25bn a year. And many state business leaders are increasingly showing a real commitment to renewable energy.

Overall, while I believe there is definitely more potential for a social democratic style of government if California were its own country, the changes would not be that drastic. Barring a major collapse, California would, like Canada, still remain in the U.S.'s economic and cultural shadow. And who knows? Secession might be the best thing to happen to other states like Texas, New York, and Massachusetts. Who else would be capable of filling the void left in the energy, media, and technology industries? There is certainly upside in such a move but also a great deal of risk.

hartpuff

2016-06-24
> Young people are still building their lives, trying to establish their career. They're likely going to be denied the opportunity to live and work in 27 countries.

Why? Do you think only EU citizens are allowed to live and work in the EU? Do you think British people are now banned from entry into the EU?

Most people - young or old - do not even want to live and work in another European country.

> I think it's pretty disgraceful that they've torpedoed our future based on their hazy rose-coloured memories of some supposedly-better past.

I think it's pretty disgraceful that people like you demonstrate such incredible arrogance that your minority opinion is somehow innately superior; constructing ridiculous fantasies of why people voted to leave, based on absurd generalisations and a childish, rose-tinted view of the EU.

There's nothing to stop you living in an EU country, if you think by virtue of those two letters it's such a utopia compared to the UK or any other non-EU country (aka almost every country on the planet).

lemiffe

2016-06-24
This discussion on Hackernews should have happened before the exit and not after, 2100+ comments so far, it goes to say that we all have strong opinions on the matter that might have swayed some of us that can vote in the UK.

bobthechef

2016-06-24
So now that the transatlanticists (Hilary is one) have lost their EU insider, I suspect Poland will take its place. Given that Poland is a geopolitically strategic country, given Russian aggression, and given that German and Russia are "talking again", it seems that Brexit will prove fruitful for Poland in the long run...if both countries play their cards right. Impeding Polish immigration to Britain can also force a turn of events in Poland that prevent the gov't from relying on immigration to deal with unemployment through long overdue reforms.

marcusgarvey

2016-06-24
For everything there is a season. Globalism had a great reputation at the turn of the millennium. Then we had Iraq, the Great Financial Crisis and Syria, which damaged the credibility of the leadership class. So now status quo in the west cannot be taken for granted.

jayess

2016-06-24
Victory for self-determination.

ommunist

2016-06-24
I think this is a chance for the UK to overthrow Switzerland in private banking. For the rest of us, who are not so private in banking, its time to consider moving to Berlin.

jv22222

2016-06-24
I wonder what the conspiracy theorists who believe in the New World Order conspiracy think about this.

Seems like a blow to that theory from where I'm standing.

woodpanel

2016-06-24
As a modernist I loathe the Brits for this vote against the European project. As a libertarian I applaud them for their courage! As a stock holder I need a drink.

I try to make up my mind, which Union will be more affected by the Brexit: The European Union or the British?

Both institutions deserve some "house-cleaning" but after the Leave-Win it is sort of "either-or": A vote for "Union A" becomes a vote against "Union B" and vice-versa.

NetTechM

2016-06-24
America did this before it was mainstream.

int0x80

2016-06-24
Man, this thread is unreadable without comment-collapse.

known

2016-06-24
UK joined the EU only so it can break it from the inside :) https://www.youtube.com/watch?v=37iHSwA1SwE

ascription

2016-06-24
Britons today recover from a political bombshell, a vague distant aspect etched on the faces of Remainers and some Brexiteers alike, never quite fading as they proceed through the polite machinations of a just another Friday. Today there was no fire, nor planes charting a new course as they veer around the vertical borders of the common market, yet to the observer one thing is clear - something has changed, and this thing may not be undone.

As the enormity of the situation sets in, Britain must reflect on her status. Yet as currency and foreign investment alike tick into the ether, we cannot afford leisurely introspection. Commentators alight to social media, fast food opinions winding through the networks to be forwarded, appraised, accosted, and forgotten.

A stunned middle rouse from their silence, incredulity reigning. Someone must be blamed, and there are no shortage of targets. The deceitful far right must surely be deposed, their 350 million untruths a week publicly unravelled at the teeth of the media. Tautological slogans, much as we must surely want to “Make Britain British again” wear thin, amid claims of xenophobia being noncommittally dismissed, and swiftly, lest anyone ponder too long at their origin.

The leave campaign celebrate an ethereal success, yet no definition of success appears. Nor was one provided - a marginal result in a referendum which declined to assert a majority, or to be legislatively bound to parliamentary action, leaves dangerous room for interpretation, yet as a consequence manages to leave none at all.

The glaring omission makes one thing clear - there is no plan - for who can plan for what cannot be defined? The stage show props of austerity budgets are shuffled back under coats amid sheepish mutterings of “ah, well, before the vote, you see…”. The idea of success of this referendum was to do not with the outcome, but with its existence. A scrap, thrown far to the right in exchange for a grubby four years, has swiftly been devoured, and the leader finds his four years have, overnight, been devalued to two.

Exposed to his short sell on the exchange rate of democracy to political capital, he has built an unflattering legacy. The leader who failed to lead, and the alumnus who handed the keys to the counterfeit every-men riding a wave of anti-intellectualism, has gambled one time too many and must bear the greatest loss of his era. Not only has the sea between Britain and the world become rougher than ever, but the political dice are cast, and as they tumble to a halt, the shape of the United Kingdom itself now rests on how they lie.

75dvtwin

2016-06-24
I think it is a great day for the power of direct democracy, individual impact, and subsequent accountability for ones voting decisions.

The old England introduced to the world of kings & dictators, the Habeas Corpus and Magna Carta.

Now, the UK of 2016 had shown that the voters -- can take the decision power back.

The so called 'representative democracy' is no longer representative, it is, instead -- a 'Placebo' democracy. Where the voters are mislead to think that their opinion matters.

And it is the 'leavers' people of UK, the voters who are described on this forum as the 'old and un-educated' -- are the first in Europe, to recognize that they were sold a Placebo-democracy.

The vote to leave is the first chapter in the modern's world Magna Carta.

And I congratulate the people of UK.

nec4b

2016-06-24
Congratulations to British people for their courage and determination. It amazing how much primitivism and hate on a forum of the self called "elite" and the "intellectuals" who cannot stand that someone could think differently about their grandiose ideas.

pcvarmint

2016-06-24
I consider this a good development.

Anytime a sovereign group of individuals declares independence from a larger group, which inevitably has different interests, it's a good thing.

I don't know why there's so much despair over this.

Yes, surely there are short-term negative effects, whether in the loss of EU privileges, or the temporary losses in currency values, but in the long-term, there's more independence and self-sufficiency.

A larger body of government isn't smarter; in fact, it is more detached from local concerns, and less able to react to them in a timely fashion.

We should celebrate the Brexit, just as we should celebrate any and all declarations of independence from larger bodies of governance.