Markets, Pound Sterling Plunging

Discussion in 'World Events' started by Mr. X, Jun 23, 2016.

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  1. Yookeroo

    Yookeroo Active Member

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    It's the young people who have to deal with the future the oldtimers dumped on them. That said, the young people didn't exactly get out to vote, so they kind of have themselves to blame.
     
  2. FerretAfros

    FerretAfros Well-Known Member

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    I don't know about the UK (or other countries), but older voters in the US turn out at much much higher rates than any of the younger age groups and politicians are often cautious to do anything that would negatively impact them in the short term but could lead to longer term improvements. If younger voters turned out at similar rates, I suspect congress would have addressed Social Security's sustainability problems by now. Instead, we just push it down the road because there's a large block of voters who sway the opinion, even though they won't be around to deal with the consequences

    There are countless similar examples for pretty much any group imaginable
     
  3. fkurucz

    fkurucz Member

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    If I'm not mistaken, it was determined by a majority of those who bothered to vote. You also make it sound like seniors voted in lock step for leave. I personally know a few who voted stay.

    Just saying that blaming the outcome on seniors is disinegeous when all sorts of people voted to leave. It also reeks of sour grapes.
     
  4. dagobert

    dagobert Well-Known Member

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    I don't get that, why so many didn't bother to vote, especially young people. Of course all sorts of people voted to leave, but an overwhelming amount of older people voted to leave, at least according to the statistics I found in The Guardian. But yes, blaming just seniors was totally wrong from me.


    As I mentioned before, I think the whole situation leaves the EU better off now, because now Britain's double game is over. The time with getting all the benefits, but having so many special rights and excemptions is gone. Hopefully Angela Merkel means what she says and that the EU stays strong in the negotiations with the UK. Participating in the single market can only be done on the EU's term, like Switzerland and Norway do, and not like Boris Johnson with his cherry picking wants. I also hope that this outcome leads to some reforms within the EU, but I have my doubts.
     

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