Can this stop Brexit?
Almost certainly not. But it does make the position much more confused. MPs are talking of the high court triggering a constitutional crisis without any indication of how to get out of it.
It also risks driving an even bigger wedge between leavers and remainers, particularly since the leavers are likely to interpret this as one more desperate attempt by the Metropolitan liberal elite to thwart the will of the people (a suspicion that is going to shape the thinking of a lot of MPs).
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Most MPs supported remain, but most represent constituencies that voted leave. This will go right to the heart of how the British constitution works: whether MPs should vote according to the wishes of their constituents or in their best judgement (leaving the electorate to decide whether to keep them in a job at the next election).
Having said that, leave was the majority view in nearly 70% of Labour seats for example, so it would probably be electoral suicide for the party’s MPs to rebel (or perhaps even abstain). Such a move could open the gates to Ukip.
Too funny. What a poor choice of words.
What is the best guess here for the GBP?
Thinking of stopping on a trip this spring. Our currency (CAD) is not great but GBP still looks reasonable to us. In the past we have anywhere from 1.30 to 2.20.
Nothing so good as when good fortune meets careful preparation, eh?When it dropped to $1.30 early in the year I was all over it and transferred a bunch of cash ready for our 6 month stay. We had an offer on a house accepted a few weeks ago and I was able to transfer a whole load more at $1.20 (I missed the short dip below that). I now have another $120k to move over before January 10th and although it is back up to $1.25 I'm holding off for now as I think it may settle below that.
However, it may continue to strengthen, but I'm still really pleased at having these low rates at a time I need to move over a lot of money.
Nothing so good as when good fortune meets careful preparation, eh?
However, it may continue to strengthen, but I'm still really pleased at having these low rates at a time I need to move over a lot of money.
Nothing so good as when good fortune meets careful preparation, eh?
+2
Alan, this is a once-in-a-lifetime amazingly good stroke of luck! Congratulations on that. I do hope that the pound dips again before January 10th, just long enough for you to end up with a tremendously good deal on your house over there.
Wow. I would think there would be some very deep and long-term animosity created if the European Court somehow gets to have the final word on this, and they say "remain." I'm sure the average UK citizen never imagined that any separation from the EU was subject to gaining EU approval.. . . then possibly the Remainers may ironically take it to the European Court which the UK is still under.
Wow. I would think there would be some very deep and long-term animosity created if the European Court somehow gets to have the final word on this, and they say "remain." I'm sure the average UK citizen never imagined that any separation from the EU was subject to gaining EU approval.
"The first thing we do, let's kill all the lawyers."
True. That said (and this is not an invitation to debate the question), I wonder if states that joined the Union before the 1860s knew their decision to join up would be irrevocable; that is, they had no right to unilaterally choose to secede from the union if they decided it no longer worked for them. In many ways that would be a similar dynamic.Wow. I would think there would be some very deep and long-term animosity created if the European Court somehow gets to have the final word on this, and they say "remain." I'm sure the average UK citizen never imagined that any separation from the EU was subject to gaining EU approval.
Why is it OK to discuss the politics of Brexit, but not the politics of the US election?
Those darn lawyers, going around interpreting the law.
Huh? If this is directed at me.....
There are not many Brits here, and they are not vocal. And I don't know about Canadians or other Europeans, but Americans do not have much vested interest in British politics.Why is it OK to discuss the politics of Brexit, but not the politics of the US election?
There are not many Brits here, and they are not vocal. And I don't know about Canadians or other Europeans, but Americans do not have much vested interest in British politics.
On the other hand, the whole world watches US politics, much more than I myself do (I am sick of it). Good grief! Don't they have something better to do? Like shopping for their health insurance?
There are not many Brits here, and they are not vocal. And I don't know about Canadians or other Europeans, but Americans do not have much vested interest in British politics.
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