Brexit, aka, the UK Becomes a Clown Car of the Highest Order

And so it begins.

Ethnic cleansing in the UK? Was that a serious comment?

5,000,000 supremacists and racists were empowered and enabled by Brexit. See above for the survey around fear of islamisation/loss of white culture from a third of Brexit voters. This is real 14 words level white supremacy from millions of Brits.

Their faction, who politicians like Johnson are courting for votes in a leadership bid, are constantly calling for expulsion of Muslims from the UK. See above for the neonazi Brexiters video where he does just that.

For those of Muslim heritage like me, there is a real and significant danger that the politicians will give millions of racists what they want to win their vote. 7m Brexiters were absolutely fine standing with these 5m racists in the EUref and since. Millions still want to give these people what they want and have normalised hate and bigotry soo I dont doubt for a second people will soon want to “raise the repatriation question” no doubt with a “freedom of speech” defence about why people should be able to discuss it.

We are well down the path now. Brexit winning verified there is a place for xenophobia and ethno-nationalism in mainstream politics. It empowered the racists like they have never been empowered before. They won’t stop just because they have a blue passport.

I work in the Netherlands for a Dutch Tech company. We provide software for interactive presentations. All our servers were hosted in the UK but we brought them all back because our clients demand that there data geografically is located in a country governed by EU Law. There are probably hundreds if not thousends other companies doing the same.

Capital flight at the moment is about $1 trillion/ £800bn. Its barely started.

Now this is worrying.

Solid numbers like that should worry people.

Although I can already see the snide reply - knock London down a bit.

Looking at the socmedia thread under where i found that story

  • It’s CNN therefore a lie
  • CNN is reporting on Ernst Young who are liars
  • Good, Iceland doesnt need banks neither do we
  • Destroy all banks
  • City/Lizards/Illuminati something something
  • I wouldnt have seen the tax
  • Taxes arent paid on it anyway

I tried to explain how the City provides the service of managing the money, and the revenues are from services provided and the more we manage and the more than flows through the City the more money goes to British people but everyones a fucking idiot tbh.

London’s primacy in the financial markets is one of their key reasons for British wealth over the last 70 years. Losing the dominance of financial markets to, for example, Berlin and Mew York? That would permanently decrease the standard of living in the UK.

There’s a narrow strip of centrism that recognises the need for the financial sector with heavy regulation to stop another crash but i think the assault on banking is fairly cross spectrum. If you think Brexit is bad for the City then you need to realise hard left’s ideal banking model is Turkmenistan. Mcdonnell and Corbyn have a command economy and full state control of financial system lined up. Only possible under Lexit of course.

I mean I get that hating on banks is not a partisan issue. And you know what? It’s fairly well deserved. International financial companies and banks have been absolute shit heels and charlatans for years. Their malfeasance and greed is well documented. So I can certainly sympathize with a ‘fuck ‘em in the ear’ attitude.

However I temper that with a pragmatic perspective. They can be beneficial to a city and country if properly regulated, and their excesses curbed. So I view it as a they are important, but in the same way a lion is an important draw in the zoo. People come there to see it, and the zoo would be far less interesting and valuable without it.

But you don’t let the lion walk around the paths unimpeded. You control that shit. You set the bounds of what the lion is allowed to do.

Are we gonna need to update our memes so Chairman Meow has a monopoly suit and a monocle?

image

Yup, and its all we have now, the UK is never going to return to coal mining and steel production.

I’ve worked in transactional banking, trade (L/Cs etc) and syndicated loans in the industrial sector on and off over the years. The global economy isnt sustainable without these huge institutions and their capacity to support transactions and loans to the value of trillions per day. If you want to move goods and commodities and the rate the world of 2019 consumes them, if you want to build large scale industrial equipment and infrastructure you are going to need a financial sector to match. None of this has the risk profile of what caused the crash, thats an entirely different part of the sector.

Mostly, sure, though the banks did take a bath on Alliance Boots etc. More symptom than cause though.

I like this Irish Border guy.

More good news. The sliver of hope is getting wider :)

I’ve been reading all day about the looming Parliamentary coup. Tuesday will be an interesting day.

I saw first hand one new game studio location moved from the UK to the EU because of Brexit. It was “only” 40 new tech jobs but I do wonder how common the investment flight has been.

Looks more and more like an extension until June. Anything could happen - good and bad - if the deal is voted down.

Why don’t you guys just have another vote on it, given how Russia influenced the election?

Im for it, but its still a danger because

  • people are fucking stupid - people were choosing “no deal” in a recent survey because they thought it meant No Brexit.

  • millions of racist fucks and are still fucking racists