iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
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Petty EU Leaders Demand a Quick UK Exit

Several things have developed since Britain decided to leave the EU. First, the remain faction is trying to force another vote, suggesting the vote was too close to call. The fuck? The leave party won by 4%, pretty much a landslide.

The British minister to the EU resigned, citing nothing to do while the UK twiddled its thumbs.

Several other countries in the EU have expressed similar referendums to leave, such as Netherlands, France, Italy and Sweden.

Lastly, the petulant leaders of Europe are trying to be punitive to the UK, in order to preserve their Ponzi scheme. If the punish England bad enough, it will serve as a deterrent for other countries–preserving the corrupt alliance so that Germany could continue uninterrupted hegemony.

“We now have to open the possibility for dealing with Europe’s future,” German Foreign Minister Frank-Walter Steinmeier said after hosting talks with his colleagues from France, Italy, the Netherlands, Belgium and Luxembourg in Berlin on Saturday. “That is why we jointly say: This process should start as soon as possible.”

“Great Britain needs to say which kind of relationship it imagines having with the EU,” Merkel told reporters in Potsdam, outside Berlin. Those talks should be “matter-of-fact” and “shouldn’t drag on forever,” she said.

Others were less polite.

“We demand that the 27 other member countries also get respect” from the U.K., French Foreign Minister Jean-Marc Ayrault said in Berlin. “That’s one of the reasons we came to Berlin today.”

A forced, quick, exit from the EU by England would be disastrous for markets. But the EU doesn’t care, as long as their little club remains intact.

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11 comments

  1. zheeeem

    The only thing worse than stupidity is protracted stupidity. Hearing about brexit for the next 5 years would be like hearing about Fed rate hikes for the past 5 years.

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  2. uglyflint

    This will be a monumental cluster fuck with sabatoge and revenge center stage. Also, politicians and corporations now have the “blame it on bush” excuse for infinity.

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  3. roundwego

    Is’nt it cool that the common guy bet for exit with their average $75 bet and got a tilted odds by a smaller number of wealthy bets. the small guy won over the elite cus when the masses are in pain they realize each person has one vote, no matter how much money you got. this is a win for democracy. Also the common american got a 2% raise in their purchasing power on Friday. why the hell was obama not for brexit? trump understood it was a win for the common american.

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    • scottbot

      $2 trillion in capital got wiped out Friday. What’s that “common guy” going to eat when he loses his job? A vote? Trump was bragging about how Scotland got it right while Scotland was busy scrambling to ditch UK and join the EU on its own. The only beneficiaries right now are American tourists visiting London to share pubs with depressed unemployed coal-shovelers and immigrants.

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      • The Maven

        OH, horseshit. Maybe that common guy should have invested in US long-term treasuries.

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  4. stockslueth

    In other news: All Fed speeches in favor of rate hikes have been cancelled until further notice. That is all.

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  5. mx2101

    Ah a scorned EU…

    What’s next, burned clothes, a raided checking account, an embarrassing visitor at work?

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  6. Mr. Cain Thaler
    Mr. Cain Thaler

    Let’s say you’re one of the disaffected Englanders who voted for Brexit and suddenly some Londoner tried to nix the vote, because it’s personally bad for them.

    Why would you go along with another vote? Why would you and fifty of your angry neighbors not start trying to ‘Jo Cox’ every public employee who crossed your path?

    It would be apparent to everyone that violence is the only effective way to be heard.

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    • one-eighty

      People are incredibly angry. 64 million people will lose their EU passports. 2.5 million people may be displaced. Its a fucking disaster. And Farage (who looks like a cross between Homer Simpson and a talking penis) is already saying that the giant signs on the sides of the buses that showed how much money they would save were, ahem, maybe wrong.
      What a clusterfuck.
      And all the people on here talking up their book and gloating how much money they are making over this mess is really unseemly.
      Don’t get up, I’ll show myself out.

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  7. one-eighty

    Angela said that German interests will be paramount in her negotiations. Anyways, all negotiations will be about how to divvy up the assets. They can try to work out a trade deal later but the UK has basically thrown away their strongest bargaining chip.
    It took Greenland 3 years to leave, and all they had to talk about were fish.

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