Tagged: Brexit

Welcome to Brexit. Article 50 has been triggered! 

The long goodbye begins. I hope the Brits know what they’re doing.

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Everyone is quitting in the UK! Latest politico to go: UKIP’s Nigel Farage

So will the last UK politician still standing please turn out the lights? On the heels of the recent humiliations of PM David Cameron and his Conservative rival Boris Johnson, and the recent no-confidence vote against Labour leader Jeremy Corbyn, word today is that UKIP leader Nigel Farage has decided to resign.

And I am surprised at this most of all because: didn’t he win?!

He was the biggest winner of them all in the Brexit vote, and yet he decides to call it quits! What a strange time to decide to ride off into the sunset. 

On a positive note — it seems like all of the British politicians who created this Brexit mess in the first place are leaving. Good.

More Brexit havoc: now Boris Johnson says he’s not running for PM

What’s in the water in the UK? Seriously, things have gone mad over there. 

The latest bombshell news is that Brexit supporter Boris Johnson has announced today – to audible gasps, might I add – he won’t run to be the new Conservative leader or PM. Word is it’s all because his supposed ally Michael Gove decided to stab him in the back by running for the leadership himself.

The drama just keeps on being dramatic over there.

Brexit is a mess! Lots of upset people over in the UK having second thoughts

Well, the initial shock of the Brexit vote has worn off, and the British people are finally realizing the enormity of their decision and what a mess they have made of things in the UK. 

The prime minister has resigned, there are moves afoot to dump the opposition leader, and the markets could go down even more this week. 

Moreover, (a) the Scots, and (b) the Millennials, who both ended up on the losing side, feel they have been sold down the river by England’s voters. The Scottish Nationalists are threatening yet another independence referendum, which is the last thing Britain needs but which could end up preserving my EU citizenship rights in the end (hee hee).

As for the young generation, they are particularly hopping mad because all their rights to work and live in the rest of Europe are down the drain, thanks to the old people who voted the other way. The old people, in turn, dismiss the Millennials as “entitled” whiners who don’t have jobs. 

But why don’t the Millennials have jobs? Simple: it’s because they can’t get jobs in England and have to go live in the rest of Europe, or better yet, Asia, to make a professional go of it. They have to live far away from their beloved Barclays Premier League and their beloved Britpop music and Brit TV shows, and all the rest of it, all because there’s too much competition for jobs in England. 

These voters who dismiss young people for not having jobs are pretty much the same people who refuse to give these people a start in life. A lot of people in the UK clearly don’t care about young people or their prospects — just like the attitude in North America. No wonder Asia’s getting ahead. 

Anyway, this referendum result has screwed over a lot of people – not only Millennials but expats in general, including continental Europeans living and working in the UK. There are now petitions afoot to try and do-over the referendum, but this is a farce. People seem to think you ought to be able to vote as many times as you need to until you get the result you want. That isn’t the way democracy works. 

I think the voters are realizing, too late, that for all its faults and bureaucracy the EU had a lot of benefits. Brits are realizing a lot of things they took for granted are going to be thoroughly and permanently messed up. They have now figured out that, yikes, they might not be able to retire to Spain or Italy anymore, or they might not be able to work or do business in Europe anymore.

Going forward, the British leadership need to realize a lot of problems have been created by this vote. The first priority ought to be to protect all those people whose EU rights are now in jeopardy, and ensure all their existing EU rights to jobs, freedom of movement, and so on, are secured no matter what. Do I have faith in the people in charge to accomplish this? No. 

Brexit “Leave” vote tanks the markets, claims David Cameron’s scalp

So after the disastrous Brexit results came in I went to bed, but kept the iPad tuned to the BBC. So, when I inevitably woke up again in the middle of the night, it was just in time to tune in live to David Cameron resigning as Prime Minister — effective in three months.  

I then tuned into the speech of Bank of England governor Mark Carney with his Canadian accent, trying to maintain calm. Good luck with that.

Now I am tuning in to any financial news live feed I can find on the Internet and watching all the stock market mayhem coverage. Needless to say, the markets are not happy, the Dow immediately dropped 500 points and the Pound Sterling dropped to its worst showing since 1985. Former Fed chairman Alan Greenspan went on the air and said “this is the worst” he’s seen since he’s been in public service.

Thanks a lot, England. What a mess. 

The U.K. has voted to Leave. On the markets all heck has broken loose

Brexit vote is tomorrow; hopefully common sense prevails

Tomorrow is the big Brexit vote and I’m breathing a little easier at the last polls that show the Remain camp ahead. No doubt David Cameron is breathing easier, too, since he’ll probably have to resign as Prime Minister if Remain loses.

If I were over there, I’d be voting Remain — even though I agree with much of what the Leave camp is saying. I agree the European Union has been a shambles and that the British should get more of its powers back. 

The problem is nobody in the Leave camp has come up with a good, clear answer yet to my main concern: what happens to UK citizens’ privileges to work or reside in the rest of the European Union if Brexit happens? That’s basically all I care about. Well, that, and my investments, which will tank if the Leave side wins.  

Also, if Leave wins tomorrow there’s lots of rumors out there that the Scots may attempt an independence referendum yet again — so that even if the rest of the UK leaves Europe, Scotland can stay. Which, by extension, means I’m likely going to keep on being an EU citizen no matter what the result is tomorrow, even if the UK votes to leave. What a farce! 

Anyway, I look forward to seeing the referendum results online tomorrow.