Brexit on 29 March?

@scheng1 (24800)
Singapore
March 20, 2017 8:28am CST
It seems that Brexit will finally happen on 29 March 2017. I wonder how many jobs will leave UK after that, and I wonder if Scotland will finally get its independence after Brexit. I feel sorry for the people. The value of the British Pound is getting lower and lower, and this news will sink the Pound to a record low. If they have not felt the impact of the lower Pound, they will soon!
Theresa May will trigger the two year process of leaving the European Union on March 29, No 10 has announced.
5 people like this
3 responses
@mysdianait (64058)
• Italy
20 Mar 17
I am not as pessimistic as many are about the results of Brexit. The European Union is falling apart so let's talk about it again in two years from now and see whether Great Britain is worse or better off than the other European countries at that time. Ok?
1 person likes this
@scheng1 (24800)
• Singapore
21 Mar 17
2 years is not enough time for the full impact. After the formal trigger of Brexit, UK still enjoys the full benefits of being EU member for 2 full years. A better time for evaluating will be 10 years later.
1 person likes this
@mysdianait (64058)
• Italy
21 Mar 17
@scheng1 Oh yes it will take longer than two years for sure but at least by then it will be obvious that Britain is still as important as before, if not even more so.
1 person likes this
@scheng1 (24800)
• Singapore
21 Mar 17
@mysdianait Britain will not be more important than now. That is for sure. All countries in EU are trying their best to boost employment rate, and the way to do this is to impose tariff on UK-made products and to impose on overseas transaction cost for banking services. This will cost the jobs to leave UK and come to any of the EU countries. There is no doubt that all EU residents, especially the well-educated young people, want to get gainfully employed in their own countries. When manufacturing jobs, such as automotive industry, and banking jobs go to EU, that will result in several thousands of young people having a job. With a job, they can get married, buy a house and have children without feeling financial inadequate. The politicians know this, and this is really a chance of a lifetime. If they allow UK to retain the same prominence, then they will lose out the chance to bring jobs to EU.
1 person likes this
@allknowing (65139)
• India
20 Mar 17
Whatever decisions governments take they all adversely affect the people. India is going through such a situation at this moment.
1 person likes this
@scheng1 (24800)
• Singapore
20 Mar 17
In the case of Brexit, it is not that right to blame the government. The people ask for it, and they have to bear with the high inflation, job loss and other problems associated with Brexit.
1 person likes this
@allknowing (65139)
• India
20 Mar 17
@scheng1 Even in India people have asked for it. There is a new party ruling now.
1 person likes this
@scheng1 (24800)
• Singapore
20 Mar 17
@allknowing hope that the government does not do stupid thing. India is a very big country. It is already very hard to manage without an incompetent government to mess it up.
@ilocosboy (34315)
• Philippines
20 Mar 17
Its what the majority of the people wanted to happen, they cannot change it because the referendum is the powerful tool.
1 person likes this
@scheng1 (24800)
• Singapore
20 Mar 17
No, a referendum is not a powerful tool. It has no legal standing. The only problem is that government will lose face when it asks for a referendum, and then does not respect the result.