The United Kingdom said...

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I saw a quote from a Brit in a news article about the Brexit. The person said:

"When Donald Trump congratulates you on your political decision.... You know you F'd up"

Funny thing is, Trump congratulated the Scots for Brexit yet 62% of the Scots voted to remain in the EU!
 
What? Any word on locks? Threaded locks would be awesome. Unlock a lock with a threaded thread of locked locks down by the Lochs.
 
I'm on your side. It's an effort to intentionally derail this thread for some reason.

Wait... are you saying that there are appropriate and inappropriate places for me to espouse my opinions and I should pay attention where I am posting before espousing said opinion?
 
First off... Ignore the trolls, let the admins do their job. General web forum etiquette dictates that if you're not an admin or moderator, don't act like one.

Back on topic...
Well thought out and sourced, Winston! I'm excited for the future of Britain, I know they'll do well. It may take a few years for the adjustment, but in the long run they'll be better off.

I couldn't help but be reminded of this famous scene:

[youtube]-8bqQ-C1PSE[/youtube]

The Quest for the Holy Grail was much more of a hit on the Continent, especially France, than it was in the UK when first released.

[video=youtube;M9DCAFUerzs]https://www.youtube.com/watch?v=M9DCAFUerzs[/video]
 
I saw a quote from a Brit in a news article about the Brexit. The person said:

"When Donald Trump congratulates you on your political decision.... You know you F'd up"

Right on the money.
 
I saw a quote from a Brit in a news article about the Brexit. The person said:

"When Donald Trump congratulates you on your political decision.... You know you F'd up"

When I heard that Obama visited the UK in July and tried to talk them out of it, and that he was against the UK leaving the EU, I knew that them leaving the EU was the best thing for them.
 
Winston - you posted a lot of very interesting info, almost all of which I agree with.

Where I disagree is:

1) That any of what you said has anything to do with why people voted to leave.
2) That being separate from the EU will result in any sensible fiscal policy from the UK govt or BoE.

I'm afraid the reason most folk voted to leave was a combination of:

1) 40 years of UK politicians blaming everything that went wrong with the UK on the EU rather than facing their own bad decisions.
2) Leading to a general feeling against "foreigners" among the great unwashed, making immigrants into scapegoats for all the ills of the country and immigration a hot button topic.
3) Massive propaganda campaign of truly epic lies and deception on behalf of UKIP/Farage/etc. to tap into that feeling.
 
I will admit that I don't know enough about the implications of the decision to know if they made the right choice or not. However, I am fairly certain that the vast majority of the people who voted to remain, and the vast majority of the people who voted to leave, had no idea of the implications either.
 
Brexit will be followed by Grexit, Departugal, Italeave, Czechout, Oustria, Finish, Slovakout, Latervia and Byegium. Only Remania will stay.
 
Brexit will be followed by Grexit, Departugal, Italeave, Czechout, Oustria, Finish, Slovakout, Latervia and Byegium. Only Remania will stay.

Have to agree with this...

It's nice to see...

Some Brits grow a pair...

And tell their keepers...

To eff off...
 
Brexit will be followed by Grexit, Departugal, Italeave, Czechout, Oustria, Finish, Slovakout, Latervia and Byegium. Only Remania will stay.

ROFLMAO!! So, were do you fly in order to feel safe and welcome these days?
 
I will admit that I don't know enough about the implications of the decision to know if they made the right choice or not. However, I am fairly certain that the vast majority of the people who voted to remain, and the vast majority of the people who voted to leave, had no idea of the implications either.

+1

However, the pro-Brexit camp was clear in their messaging that things would be tough in the short term. I wonder if this is the first time a population has knowingly voted to put themselves into a recession or possibly depression.

In the last couple of weeks I've spoken with about a Dozen Brits. Admittedly, not a diverse group. All were either sales professionals in the drug discovery arena, or scientist/medical folks. Each of them was strongly anti-Brexit in no uncertain terms. They all saw advantages to staying in that outweighed the very real challenges associated with being hitched to the European wagon.

What will happen now is pretty clear. Essentially all foreign investment in the UK will stop until the uncertainty in how UK will interface with the rest of the world settles down. Meanwhile companies will be actively looking to move operations to other places in Europe. UK is relatively "high cost" but has a fluent English speaking workforce which is a boon. I'm thinking eastern Europe, with relatively low cost, will benefit greatly. They are training their next generation in the English language nicely.

By the time the UK-EU relationships get sorted (~2 years), the next round will start due to likely secession of Scotland from UK. Then Ireland. My guess is recession bordering on depression for most of a decade. Tourism from non-Europe countries will get a boost though, due to favorable exchange rates.

What will be interesting is how long the Conservative party remains in power... in a couple years the population that voted based on inflated nationalism will be pissed off at being out of work, and Labour will probably regain majority. But they can't fix the problem quickly either.
 
Going down chained to the ship or being allowed to float free - the Brits very wisely just chose the latter.

The Fatal Flaws in the Eurozone and What They Mean for You (Part 1)
by Charles Hugh Smith
Tuesday, September 20, 2011

https://www.peakprosperity.com/blog/fatal-flaws-eurozone-and-what-they-mean-you/62574

Just the section headings:

Fatal Flaw #1: Expanded Private Credit, Toothless Fiscal Discipline
Fatal Flaw #2: Profits Are Private, Losses Are Public
Fatal Flaw #3: Low Interest Credit Spurred Misallocation of Capital - The Neocolonial Model of Financial Exploitation
Fatal Flaw #4: The Imbalance between Exporting and Importing Nations
Fatal Flaw #5: The Euro Removed the Mechanism of Currency Devaluation
Fatal Flaw #6: Crushing Private and Public Debts

The Euro’s Fundamental Flaws - The single currency was bound to fail.
By Martin Feldstein
Spring 2010

https://www.international-economy.com/TIE_Sp10_Feldstein.pdf

A short video about the employment problem found within the U.S. - massive profits from nearly risk free financial games enabled by central bank monetary manipulations resulting in no productive assets that create jobs - since that route to profit is far less risky than investing in more manufacturing plants and other productive assets that actually create more jobs, that's where the money goes.:

[video=youtube;M7rM2uElXKM]https://www.youtube.com/watch?v=M7rM2uElXKM[/video]

From a year and a half ago, an excellent interview with Dr. Lacy Hunt. Listen to this guy's job experience. Wow! He wouldn't be saying these things openly if he was still working for those concerns. He covers productive vs unproductive debt, the parallels of current monetary polices to the run-up to the Great Depression, and shows so very clearly that "the great" John Maynard Keynes (the originator of the basis of current central bank economic policies) was totally wrong about the cause of the Great Depression. Thus, central bank "fixes" based upon his theories are completely wrong.

[video=youtube;oTbLKIc3JA8]https://www.youtube.com/watch?v=oTbLKIc3JA8[/video]

And, a proper modification of the cover of an autobiographical book whose actual title, "The Courage to Act," makes me want to puke. I'd have changed it to "The Courage to Act (like you actually know what you're doing)." He's a big fan of John Maynard Keynes, BTW.:

16891568430_fda4c52537_o.jpg
 
Talk about irony... and UK folks please correct me if I have my facts wrong here but... In 2014 if Scotland had not voted to remain in the UK, they would not now be forced to leave the EU.
 
Hopefully the moral to all this in 10 years won't be "Be careful of what you ask for because you just might get it"...

UK's economy is undoubtedly strong enough to handle this, after the panic subsides. The EU's probably is too, as long as they don't get all pissy about it and put in some kind of trade restrictions on the UK which end up backfiring on them. Culturally, most of the continental EU countries have a lot more in common with each other than they have with the UK, so they may hardly be missed.
 
I saw a quote from a Brit in a news article about the Brexit. The person said:

"When Donald Trump congratulates you on your political decision.... You know you F'd up"

That should read when the anti establishment candidate congratulates you on your decision you made the correct decision.
 
I feel for the Scots. Two years ago they had the chance to break away from the UK but stayed primarily for EU membership and financial stability. Now there is this potential financial instability looming and they lose the EU safety net. Scots must be quite anxious.
 
DBBj5jw.jpg


https://www.rocketryforum.com/showthread.php?13110-Rules-and-Guidelines

Rules and Guidelines
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11. In addition, while there may be private areas within the forums, as well as the ability to send private messages, out of public site does not mean out of coverage of the rules. Any message created via the forum must follow these rules -- this includes public and private messages, as well as emails sent to users.

12. All rules apply equally to all areas of the site, including user signatures. In addition, user signatures that are disruptive to the flow of threads (flashing images, excessive colored text, etc) are not allowed. User signatures are not allowed to use anything other than standard font sizes. Signatures found out of compliance are subject to edit, or removal, by the forum staff.

13. Finally, on rare occasions, the forum management may deem it in the best interest of the forum community to put a user onto moderated status, or to outright ban them. These actions may be temporary, or may be permanent, based on behavior and the willingness of the user to modify their behavior. Such actions will not be unilateral, but will be based on forum staff receiving sufficient complaints from the user community as to be determined detrimental to the community.

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Once again, remember that these rules are meant to be adhered to by the SPIRIT of the rules, not by the LETTER of them.
Last edited by troj; 1st November 2013 at 09:39 AM.
 
Winston - you posted a lot of very interesting info, almost all of which I agree with.

Where I disagree is:

1) That any of what you said has anything to do with why people voted to leave.
2) That being separate from the EU will result in any sensible fiscal policy from the UK govt or BoE.

I'm afraid the reason most folk voted to leave was a combination of:

1) 40 years of UK politicians blaming everything that went wrong with the UK on the EU rather than facing their own bad decisions.
2) Leading to a general feeling against "foreigners" among the great unwashed, making immigrants into scapegoats for all the ills of the country and immigration a hot button topic.
3) Massive propaganda campaign of truly epic lies and deception on behalf of UKIP/Farage/etc. to tap into that feeling.

You have nailed in wonderfully.

Since the vote I have had a real problem finding folk who voted out! Everyone I speak to voted in!
How many outs have woken up and are thinking 'Oh my God what have I done?".
 
Last edited:
12. All rules apply equally to all areas of the site, including user signatures. In addition, user signatures that are disruptive to the flow of threads (flashing images, excessive colored text, etc) are not allowed. User signatures are not allowed to use anything other than standard font sizes. Signatures found out of compliance are subject to edit, or removal, by the forum staff.

People who live in glass houses......
 
DBBj5jw.jpg


https://www.rocketryforum.com/showthread.php?13110-Rules-and-Guidelines

Rules and Guidelines
Welcome to The Rocketry Forum (TRF)!

1. The goal of TRF is to provide an environment where everyone can kick back, relax, and be comfortable. To that end, certain topics are off-limits -- politics, sex, and religion. Obviously, politics will enter into a lot of discussions, in some regards, especially when discussing such rocketry-related topics as regulations that impact the hobby or human space flight. In addition, many holiday greetings, by their nature, have a religious aspect to them. These are acceptable.

2. In terms of language, images and any other communication, think in terms of what is acceptable in the typical High School. If it's appropriate in that environment, it's appropriate here. Derogatory mis-statement of user or company names are the exception, and are not acceptable.

3. Posts encouraging or supporting illegal activities are to be avoided. This doesn't mean you cannot discuss the trouble someone got into by violating the law. What it does mean is that promoting or encouraging illegal behavior is not acceptable.

4. Software and video piracy links are expressly forbidden, as is harassment, in any form.This includes any harassment based on gender, religion, nationality, ethnicity, etc.

5. Because rocketry is an international hobby, and there are numerous rocketry organizations, TRF does not follow the rules of any single organizaton. Instead, we encourage you, the TRF member, to join and support the rocketry hobby organization that best fits you as an individual, and to follow that organizations rules.

6. Research Rocketry (making your own motors, igniters, etc) is a special topic, the specific details of which are not to be discussed except in any area specifically designated for such topics. This includes propellant and igniter compositions, specific product recommendations, and techniques for processing propellant. Posts on the topic of Research Rocketry containing information not widely available in published materials are limited to the access controlled area.

7. To help support these rules, and keep the forum a friendly environment, TRF has a volunteer staff. These individuals will remove or edit messages, as necessary, to maintain the friendly environment.

8. Rules violations will be dealt with based on severity. A severe infraction, such as posting a pornographic picture, or posting spam, will result in an immediate ban from the forums. A more typical violation, such as posting a propellant formula in an inappropriate location, will result in the issuance of an infraction.

9. Infractions will be kept "on your permanent record" for a period of one year from the date they are issued. Yes, we realize that means they're not so permanent, and that's a good thing -- we all make mistakes. We're human.

10. Any user with three infractions on their record will be banned from the forum for a period of time. The duration of the ban will be determined based on the severity of the infractions, as well as past behavior. A ban may last as little as a week, or as long as the lifetime of the forum.

11. In addition, while there may be private areas within the forums, as well as the ability to send private messages, out of public site does not mean out of coverage of the rules. Any message created via the forum must follow these rules -- this includes public and private messages, as well as emails sent to users.

12. All rules apply equally to all areas of the site, including user signatures. In addition, user signatures that are disruptive to the flow of threads (flashing images, excessive colored text, etc) are not allowed. User signatures are not allowed to use anything other than standard font sizes. Signatures found out of compliance are subject to edit, or removal, by the forum staff.

13. Finally, on rare occasions, the forum management may deem it in the best interest of the forum community to put a user onto moderated status, or to outright ban them. These actions may be temporary, or may be permanent, based on behavior and the willingness of the user to modify their behavior. Such actions will not be unilateral, but will be based on forum staff receiving sufficient complaints from the user community as to be determined detrimental to the community.

14. Proving Godwin's Law in a thread will result in the entire thread being yanked. Immediately. Users who cause this to come into play (as determined by the staff) will be subject to infractions and/or banishment, at the staff's discretion, based on the context.

15. Discussion of flights which, in the opinion of the forum staff, are a violation of the NAR or Tripoli Safety Codes are not allowed, and may cause the offending users to be banned permanently.

16. Complaints about vendors, or their service, is governed by the Vendor Complaints Policy.

17. The Yard Sale is the place for posts about items that individuals have for sale, or are interested in buying. Regarding comments about sellers, If you are not involved in a transaction with the seller or do not have current experience (last 6 months) with that seller, stay out of the conversation. Violation of this will result in infractions being issued.

Once again, remember that these rules are meant to be adhered to by the SPIRIT of the rules, not by the LETTER of them.
Last edited by troj; 1st November 2013 at 09:39 AM.

George, I would not worry about it- people appear to be fairly civil about this. It is the biggest news going right now- the only way to not have some discussion is to ban anything not related to rocketry.
 
Brexit will be followed by Grexit, Departugal, Italeave, Czechout, Oustria, Finish, Slovakout, Latervia and Byegium. Only Remania will stay.

Now THAT folks, is frickin' HILARIOUS! Made my day (which is just starting!) Thanks!
As a former non-native resident (yet genetically inbred son) of Scotland- look for a new vote so they can split off and rejoin the EU. Don't need a crystal ball for that. Most friends over there very pissed. Also research the latest mass human migration on your own. Draw your own conclusions what happens when immigrants outnumber the natives your city.
 
In the short run, nobody knows what is really going to happen, and nobody can predict what is going to happen...

Except, ooops, it looks like the politicians leading the Brexit movement are taking away some of their earlier pre-election promises that this will cut migration and result in England having more money:

"But within hours of the result on Friday morning, the Ukip leader, Nigel Farage, had distanced himself from the claim that £350m of EU contributions could instead be spent on the NHS, while the Tory MEP Daniel Hannan said free movement could result in similar levels of immigration after Brexit."

Well, I guess we could have predicted that politicians would make false promises, but other than that, it all seems to be up in the air.
 

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