I'm worried. So far 15k down personally - as is pension fund currently.
I've been involved in businesses within the EU since I was 19 years old, worked in different countries as well as worked with other Europeans. Always found the cross border movement and trade helped a lot. Very little paperwork.
Now - according to EU law, those employed within the EU, must give first priority to other EU members for works. Translated - those English people looking for employment overseas now potentially can be bumped to the bottom of the employment list for any EU company. This is terrible and more so for young people, who need as many opportunities as possible.
7 billion lost in EU Sciences grants, loss of sports grants. A long period of instability, even if recovers, will cause stuttering / retraction of growth to the economy, potentially growth wise, could set the UK back 10 years.
Fragmentation of the country - those under the age of 50 years old voted to remain in for business / work. Those not working, retired - in the main voted out (least affected by work / currency). 80% if those in council estates voted out (why more benefits for you if we keep people out??).
Daily mail should be prosecuted for the misinformation they presented, then after the vote apologised for the 'what is going to happen' article - they convinced all their silver haired readers to follow Joan Collin's opinion (really) to leave, and only giving them the potential negatives (truth) after the vote. This angered many of their readers - after they had voted the way the mail wanted them to - Michael Goves wife is a columnist....politicians wives on the Brexit campaign assisting in manipulating media? Worrying.
A really uncomfortable mix of opinions and a vote based on lies, propaganda and worst of all became for many about the borders and little else. Many of those who voted out did as a protest vote about current government issues - which have nothing to do with the EU, so misguided. The majority of (elder) people I spoke with who cited border control first and had little knowledge of anything else the EU does. Also other issues cited were local government issues and nothing to do with the EU.
I do worry that some of the older generation may have caused a knock on affect which will cause issues with the younger generations and weaken the UK overall. Has caused strain in my own family. My sister drafts governmental policies and knows all about the human rights laws and employment protection that the EU has helped with - we voted in, our parents (Daily mail readers) voted out - without thinking for a second it may affect their own children.
In the long term, it will probably balance out - but at a cost.
For those who expected the UK to step out of the EU, get all of the border concessions asked for and better trade agreements, than those in the EU?? EU cannot give better deals to the UK over existing members. They have already stated for trade agreements = all 4 principals of freedom of movement must exist. IE you want to trade, then keep your borders open as we state.
Whole thing has been poorly thought out, no exit plan, politicians running for cover when they have realised the complexity and mess which now has to be worked through. UK was a country which had the 5th largest economy UNDER THE EU, is now sliding downwards - credit rating dropped 2 points, cost more to borrow, more to import - prices rise.....
Also give the racists the belief they have won the right to abuse non white people or those with non English accents. Hate crimes up over half. Marvellous start.
I used to be proud to call the UK my real home. Can't say I feel that way at the moment. Too much anger & racism. Half the country disagreeing with the other half.....
Edited by graham1, 08 July 2016 - 09:58 AM.