Black Monday

[Balance]

And when the governing cabinet continue to make poor decisions we can vote them out. The EU commission cannot be voted out, hence Brexit was a vote for democracy, not for economics.

Also interesting to note that educated and experienced britains, from most areas, voted Brexit. It was really only in London that the educated voted for remain.

It is of course the so-called intelligent, educated and experienced who worked in the exalted finance industry which brought the world the GFC.

[janner]

It is of course the so-called intelligent, educated and experienced who worked in the exalted finance industry which brought the world the GFC.

Bit of a larf ... https://hat4uk.wordpress.com/2016/06/27/th/

[fish]

And when the governing cabinet continue to make poor decisions we can vote them out. The EU commission cannot be voted out, hence Brexit was a vote for democracy, not for economics.

Also interesting to note that educated and experienced britains, from most areas, voted Brexit. It was really only in London that the educated voted for remain.

I suspect that the really intelligent Brits have mainly gone overseas and not voted-I know of two who are cursing as their pensions have diminished-one in nz and one in USA.I wonder if he will now vote TRUMP with the expectation that the us dollar will drop!

[moka]

I know what you mean, Norway and Switzerland are real basket cases, for example. Britain only has to look at those countries to see how desperate life can be outside the EU.

Switzerland and Norway are not basketcases on GDP per capita

Norway
100,818.50 USD
Switzerland
84,815.41 USD
United States of America
53,041.98 USD
Canada
51,958.38 USD

Germany
46,268.64 USD
France
42,503.30 USD
United Kingdom
41,787.47 USD


https://www.google.co.nz/search?q=sw...EMjN8gfA1JjIDA

[JBmurc]

Could that be because the more highly educated are warm and comfortable with the status Quo ?

Whether it is correct or not ..

Yes very much white collar workers that never get their hands dirty and mostly unaffected.... Vs the Blue collar workers actually having to deal with the EU laws .........

https://inews.co.uk/explainers/iq/eu...hing-industry/

Britain joining the EEC in 1973 was a “disaster” for Britain’s fishing industry and for fish stock and the Common Fisheries Policy, which was designed to make EU fishing grounds a common resource for member states has disadvantaged Britain.

“This was dressed up as being ‘fair’, though in practice it has stripped fishing communities of the waters on which they had relied for generations,” the document says.

The campaign also warns that EU fishing quotas and the policy of discarding fish – tipping millions of tons of dead fish overboard because they were not the species a trawler was meant to be catching – have resulted in “financial catastrophe” and an “environmental disaster”.

“The fishermen were thrown on the beach unemployed, the fish were plundered and stocks fell,” it says.

It warns that UK fishing fleets have been cut by 19 per cent since 1992 and a further 40 per cent since 1996, while leaving the EU would give Britain a seat at the “top table” on international fishing bodies where it is now only represented by the EU.

https://inews.co.uk/explainers/iq/eu...hing-industry/

[Rep]

"Many forms of government have been tried and will be tried in this world of sin and woe.

No one pretends that democracy is perfect or all wise.

Indeed, it has been said that democracy is the worst form of government, except for all the others that have been tried from time to time."
Winston Churchill, 1947

[mfd]

And when the governing cabinet continue to make poor decisions we can vote them out. The EU commission cannot be voted out, hence Brexit was a vote for democracy, not for economics.

Also interesting to note that educated and experienced britains, from most areas, voted Brexit. It was really only in London that the educated voted for remain.

But they can vote out their elected representatives at the European parliament, the MEPs. I note Britain isn't having a referendum yet on the undeniably undemocratic House of Lords, or indeed the unelected sovereign. Assuming the UK wants to keep access to the single market it will have to sign up to rules it can no longer influence, and will become even less democratic.

[moka]

. Found this movie interesting:

https://www.youtube.com/watch?v=UTMxfAkxfQ0

Bobdn thanks for posting the link to Brexit The Movie

What I got out of it is that Switzerland is a very democratic country and it does not have a lot of bureaucracy and these two factors have helped it outperform. Too much bureaucracy stifles innovation and initiative, and so does a lack of democracy. The EU has lots of bureaucracy. The film said part of the reason for the success of Japan and Germany after the war was that in both countries bureaucracy was practically destroyed so they just went and did what needed to be done without worrying about rules and regulations.

[Jantar]

But they can vote out their elected representatives at the European parliament, the MEPs. I note Britain isn't having a referendum yet on the undeniably undemocratic House of Lords, or indeed the unelected sovereign. Assuming the UK wants to keep access to the single market it will have to sign up to rules it can no longer influence, and will become even less democratic.

true, but the EP is not a parliament as we know it. It cannot put forward any rules or legislation, nor even make any recomendations.

[janner]

true, but the EP is not a parliament as we know it. It cannot put forward any rules or legislation, nor even make any recomendations.

So what is it's function ?.

Apart from producing " hot air ".