Brexit

this cant be a good thing for their economy? or ours for that matter

this cant be a good thing for their economy? or ours for that matter

That's the point the some are trying to make. An economy is really a collection of economies in a way. While the exit will conceivably hurt their economic factors as a whole (in the short run no less...longer term we'll see) it will certainly affect the various economies positively in other ways. Ways that seem to appeal, or at least theoretically appeal, to the exit voters.

This is truly fascinating honestly. We've had some good discussion here. I applaud. This situation really shows how political issues don't have black and white answers.

I'm actually interested in seeing what happens, I view this as a little test tube for Trump's views on trade. We all know that jobs are good in industries that are creating automation - computer programming, you're doing great. But if your industry is subject to job loss due to automation, then it sucks to be you.

It's the middle class that's taking that hit. Some jobs just won't be automated though - you still need people to perform some form of manufacturing tasks. Call centers like I mentioned.

This is all about protecting those jobs. This will position Britain to use protective trade policies that incent companies to keep more of these jobs in Britain.

The economy will take a hit in the near term in the form of higher prices, which hurts everybody. But in an era when automation is eliminating so many jobs, I wonder if it isn't worth it.

My old Adam Smith free trade economic mindset says this is a bad thing, but Adam Smith never saw so many jobs being done by computers and robots. This might be the only way to keep middle class folks employed adequately.

If we follow suit and elect Trump, it's China's economy that will suffer the most. We'll have high prices in the beginning, but they'll lose all those manufacturing jobs coming back to the states.

this cant be a good thing for their economy? or ours for that matter

Why or why not?

Our GDP may take a hit ... maybe. I would expect that, because the UK is too important to our trade markets, and vice versa, we will quickly find a way to ensure our trade agreements with UK and that adjustments will be made. A little market correction now and then is inevitable and not the end of the civilized world as we know it.

Looking through social media, the elitism of those claiming gloom and doom for the world b/c of this is so obnoxious - How dare people not embrace global assimilation? Don't they know resistance is futile?

Embrace the New World Order....Man!!!!

I won't pretend to know anything about the impact this will have, but I swear I thought I was reading Onion headlines when I saw all the reports about people regretting voting yes. I mean if you can't educate yourself on what you are going to be voting for why bother?

I won't pretend to know anything about the impact this will have, but I swear I thought I was reading Onion headlines when I saw all the reports about people regretting voting yes. I mean if you can't educate yourself on what you are going to be voting for why bother?

I agree but the uninformed voter is an American tradition, hence Hillary and Trump as our nominees for potus.

Now days later there seems to be a movement for a new "referendum" personally I don't think much will come of it but there is talk of N.Ireland and Scotland staying in the EU.

Congrats to the UK. Will of the people won

Congrats to the UK. Will of the people won

...........maybe that will happen here one day.