ITT: Pretend we are still writing in osu! OT

Aurelianus Augustus · ^

Good, I almost thought you were a real mongrel.

FuZ · ^

i dont really know whats happening but i love seeing all these people getting triggered by the results

tupsu · ^

FuZ wrote:

i dont really know whats happening but i love seeing all these people getting triggered by the results

people fucked themselves over by believing politicians and then politicians admitted they lied
that's about it

there's already an official petition with 100k votes (so needs to be discussed) to hold a revote as the vote wasn't really anywhere near a majority and less than 75% of folks voted, plus not hours after the result was announced the leave campaigners admitted the reasons they presented were pulled out of their arse

there's a fucking voice actor that just made ksg's exact 'creepy drunk hobo' voice in this cartoon and that is a bit scary

Granger · ^

Not only did they fuck over themselfes but caused a worldwide stockcrash. Literally everyones economy got slapped thanks to this.
This is why you dont let the common folk decide such things. We'll see if Britain can recover. If they do, good on them. If they dont... Good on the EU i guess.

GladiOol · ^

EU REFERENDUM SOCIAL EXPERIMENT (GONE WRONG)

In all seriousness, I quite fear for the universities in the UK now. A majority of the research funds from the EU are given to the UK, allowing scientists from all over the world to work there and it allows universities to perform and study various research programs. If that's going to drop, those funds will most likely go to France (and maybe Swiss and/or NL) and that will significantly hinder the top schools in the UK. I always saw Oxford, Cambridge and London as the top schools, this will most likely shift towards the schools in Zürich and Paris now.

enet · ^

Cambridge and Oxford has long, traditionally been the top universities way before the concept of the EU even existed; I don't see how it would change. In terms of UCL, I'd have to ask my friends from UCL if it did have any major impact on their university.

And to Tupsu and Granger. Leaving the EU has for a long time been a demand for many prestiged economists and politicians and if you studied an ounce of economics in UK you'd know that the short term loss of leaving the EU has always been known, but the long term advantages have always been outstandingly better. The votes to leave were made by the more-than-smarter-than-average and more-than-economically-aware individuals. More than anything, the propaganda to stay in the EU was off the roof. Anyone not in the right of mind voted to stay in but thankfully the majority of the people that didn't have a clue about economics just opted to not vote at all.

Last edited by enet (2016-06-24 15:41:51)

Aurelianus Augustus · ^

Gladi mate, I consider you above those children, so if you disagree feel free to discuss it with me, but I firmly believe that the decision to leave EU was the best thing to happen to Britain in years. Yes, when you look at it currently, the decision to leave EU has left the Bank of England in tatters, with everyone crying how everything will go to shit, however, don't EVER underestimate Britain's ability to come back on its feet. The same kind of shit happened in 2011 if I remember correctly, and no one apart from the analysts gave a rat's ass about it - not even the Bank of England itself.
To recover from all of this, Bank of England will merely use the old quantitative easing trick and everything will be about the same as it was the day before Britain left.

The only reason you hear all of this negative shit is because people who have absolutely no idea about how economy works and people who have never even studied it commenting the most ridiculous things simply because their favourite Tumblr person or politician (who is totally not biased towards Britain being in EU) said something negative about it.
You even see it here on Tuuba. People with no insight in this topic predicting the end of the world.

Yeah, it's true that most of the Commonwealth nations won't take this shit very kindly and it will hurt them in the long run, but who the shit cares, Britain will recover from it in max 5 years. You take a certain risk by being in someone's economic sphere of influence, and accept both the good and the bad possible outcomes of it.

enet · ^

All my stupid/immigrant friends voted to stay in; all my smart friends that are on their way to getting MDs and w/e sort of degree in a high field voted to move out. That's a sneak peek to what kind of people actually voted for what.

Last edited by enet (2016-06-24 15:52:28)

GladiOol · ^

Yeah I know fairly little about this situation, let me say that first. I don't really follow the news for it just shows people being pro or anti the brexit while knowing fairly little about it themselves. Next to that, it isn't my vote to make. I just saw the academic/scientific funds thingy pop up somewhere and thought it was worth mentioning. If scientists and other high-learned professionals have to move to a different nation, that might affect the UK (and its schools).

Last edited by GladiOol (2016-06-24 17:19:15)

enet · ^

Leaving the EU isn't forcing anyone to be deported; they can stay but the laws behind who can come work here from abroad will be more strict. Because as it is, anyone can just come in and take a job as if they were citizen of the country.

Last edited by enet (2016-06-24 17:40:57)

FuZ · ^

enet wrote:

but the long term advantages have always been outstandingly better

what will be the long term advantages?

enet · ^

Freedom to change our tariffs and quotas; imports into our country and exports out which allows us to more easily manipulate our net exports and capital account, allowing for a better balance of payments which the UK has been suffering in the negative for many years due to being a member of the EU. The international competitiveness of the UK has also been relatively poor considering our capital standing and it's due to the fact we haven't been able to fully control our own imports and exports and being a member of the EU dis-allows your country from changing their own monetary policies. Even though we did not share in the use of the Euro, the value of our pound was still stuck to the value of the Euro and it restricted us from changing our interest rates and in turn, since interest rates correlate with exchange rates, we could not change our own exchange rates either.
With the freedom to change all this, it allows us to be more internationally competitive and be a bigger powerhouse in international trade. Our long stagnant economic growth can rise even further and the GDP of the UK will end up increasing in the future.

tl;dr basic economics, more GDP = good and the long term shit are majority of the time more advantageous than the short term shit.
For those that do know economics tl;dr: Even though in the short term it will decrease our GDP, in the long run it will increase the aggregate supply of the UK, increasing it's productive capacity.

Last edited by enet (2016-06-24 18:06:54)

enet · ^

My knowledge of economics is a bit shaky since I haven't done it for 2 years but I remember for my finals exam, for the last question you had to write an essay discussing whether leaving the EU would be more beneficial or harmful to the UK. In legitimate economics essay fashion I wrote 4 pages; first paragraph an introduction; 3 paragraphs dedicated to the side of your choice (why it is beneficial); 2 paragraphs dedicated to the opposite side (why it could be harmful); and finishing with a final conclusion/judgement. Of course I was heavily inclined to writing about it being more beneficial like all my other colleagues and what I wrote was something along those lines... I think.

Aurelianus Augustus · ^

You must be badass. :p
Try studying business economy for 5 years m8.

Poking fun at the little British mongrel aside, these next few days will be so relaxing because I'll get to hear and debate what some people whose words hold some weight have to say. Finally something besides dry studying.

enet · ^

I studied business economy and I find it a lot more easier and a lot less essay-based than standard economics. Even my friends who study it in university find it easier than A-level economics.
In general though, economics basically teaches you common sense that just happens to be... not so common.

Last edited by enet (2016-06-24 18:56:39)

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