Re:UK votes to leave EU
by panic on Friday June 24, 2016 @12:05AM
(#11966262)
The worldwide economy isn't doing very well; it's not just the EU. Is there any evidence that leaving the EU will help this situation? I think there are a lot of people who agree with you, but this whole thing seems too poorly planned and justified to really understand the impact. People are voting based on how they feel instead of what will actually have the best outcome.
[ Parent
| on HN ]
Well there's ample evidence that the EU is not doing any better than the rest of the world, and certainly worse that many developing countries and even worse than non-EU developed nations. There's litterally no data to support that the EU was a good thing on an economic point of view.
Very true, unfortunately, pooling money between a few economically well developed countries and quite a few economically bunk countries does not work well for those whose money was actually worth something in the first place.
Re:UK votes to leave EU
by toomuchtodo on Friday June 24, 2016 @12:17AM
(#11966356)
Are talking about the pound? Because it doesn't appear like its worth much now.
https://twitter.com/DavidInglesTV/status/746192676085600256
> This is something we've never seen, chances are you'll never see again Pound just collapses 13% vs. the Yen #Brexit
https://twitter.com/MatthewPhillips/status/74618964684197888...
> Wow. The £ is down 8.4%. Currencies are not supposed to do that. (1% move is considered massive.)
Compared to just prior to joining the EU, the pound is down nearly 100%, since they were at about 2.50 USD the year they joined and that was prior to massive inflation.
I think the bigger picture is eluding some people in the face of shiny doomsday articles.
Re:UK votes to leave EU
by imtringued on Friday June 24, 2016 @02:49AM
(#11967276)
Source?