BBC: UK Votes To Leave The European Union (bbc.com)
An anonymous reader quotes a report from the BBC: The UK has voted by 52% to 48% to leave the European Union after 43 years in a historic referendum, a BBC forecast suggests. London and Scotland voted strongly to stay in the EU but the remain vote has been undermined by poor results in the north of England. Voters in Wales and the English shires have backed Brexit in large numbers. The referendum turnout was 71.8% -- with more than 30 million people voting -- the highest turnout since 1992. London has voted to stay in the EU by around 60% to 40%. However, no other region of England has voted in favor of remaining. Britain would be the first country to leave the EU since its formation -- but a leave vote will not immediately mean Britain ceases to be a member of the 28-nation bloc. That process could take a minimum of two years, with Leave campaigners suggesting during the referendum campaign that it should not be completed until 2020 -- the date of the next scheduled general election. The prime minister will have to decide when to trigger Article 50 of the Lisbon Treaty, which would give the UK two years to negotiate its withdrawal. Once Article 50 has been triggered a country can not rejoin without the consent of all member states. British Prime Minister David Cameron is under pressure to resign as a result of the decision. UK Independence Party (UKIP) leader Nigel Farage called on him to quit "immediately." One labor source said, "If we vote to leave, Cameron should seriously consider his position." Several pro-Leave Conservatives including Boris Johnson and Michael Gove have signed a letter to Mr. Cameron urging him to stay no matter the decision. Mr. Cameron did say he would trigger Article 50 as soon as possible after a leave vote.
Update 6/24 09:33 GMT: David Cameron has resigned.
Update 6/24 09:33 GMT: David Cameron has resigned.
For the uninformed, the EU is undemocratic: no legislation can be passed without the say-so of unelected bureaucrats (the European Commission) which voters cannot feasibly remove from power (because the system for appointing them is highly indirect and opaque). Much opposition to the EU stems from this. UK democracy isn't perfect (e.g. voting isn't proportional, and the unelected House of Lords can delay legislation) but voters can and do change the government and change policy direction through the ballot box.
perl -e 'fork||print for split//,"hahahaha"'
Northern Ireland has the potential to be an absolute cluster fuck. There are still hardcore elements here who are literally violently in favour of a United Ireland or a United Kingdom, any suggestion of leaving the UK with inflame those old tensions. The pro-UK vote could get split between a non-EU England/Wales and an EU-Scotland.
NI has done disproportionately well from the EU but we're small fish in the UK, I seriously doubt we'll get the same support now.
The Greeks very predictably couldn't run their own country....What was the rest of the EU supposed to do? Just give them money endlessly with no consequences or responsibility to change their ways?
The reasonable alternative would have been to allow Greece to declare bankrupcy and allow those banks who invested in Greece to fail.
No, it wasn't. It was restructured for a longer payoff and is still unsustainable. During the last year's standoff, the Troika dangled a carrot of 20% write-off - it failed to materialize, even though Greece imposed austerity on the level that has not been seen in a peacetime in Europe.
Well, all these things happened after Greeks mismanaged their country to get into this situation. As desirable as a more lenient approach from Germany and others would be, it won't change Greek history of the 2000s.
Ezekiel 23:20
Had Greece been out of the EU, they could have devalued their currency and/or defaulted on their debts. After a couple of years of turmoil they could have achieved sustainable growth.
While I agree with the first part, I can't see how you can get the second from it. Have you ever worked/lived in Greece, or tried to run a company there? I'd rather try running a company in Nigeria, it has the same level of dysfunctionality and corruption but at least it's out in the open, and you can buy your way past any obstacles. In Greece, everything is unfuriatingly broken but you also typically can't buy your way past the obstacles (exceptions being for medical treatment and similar). I honestly don't know how you can fix that country short of some sort of reformat-and-reinstall.
I'm not saying this to bash Greece, just that having experienced it as a business environment I can't imagine how you'd fix it, there's just no easy solution I can think of.
Huh what? GDP from 1960s until today, please do tell when we had a "decade long recession".
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