EU referendum, brexit and the aftermath

There is no process for how article 50 is actually triggered is there? No one has done it before.

1 Greenbank : Never (well, not in the next 3 years anyway)
2 Ramsaye : General Election first
3 senorB : 1st Jan
4 EB : 1 April
5 neil: Boxing Day 2016
6: Damo: general election first, then by the end of the first term of parliament.
7: TW : Another referendum first, then never
8: Yark: 31st October 2016
9: JW: Election first. I'd be very pleasantly surprised if after that there's to be no Brexit and we get a proper Conservative and Labour party. OR even better, new parties but FPP fucks that up.
10: TSK: Tricky to call but sometime between 31st October 2016 and 28th February 2017

I hope I'm wrong on this but here's what I see happening. Cameron is going to get pushed ahead of time leading to a Johnson leadership. The longer he leaves pushing the button, the quicker his party's confidence in him will start dropping quicker than a British Pound. In the meantime, the internecine fighting in the PLP will prevent them from being in a position to reasonably to call for the General Election that looks necessary in order to stop proceedings. They also really need to do a lot of work to connect with working class heartlands to sell them on the value of them as a party and the EU as a valuable entity.

Except for Greenland

It hasn't, but I'm sure there's a full understanding of what is required. For example, I can't phone up Jean-Claude Juncker and tell him 'on behalf of the UK, I hereby notify you that we've approved the trigger on article 50.'

Have you tried?

European Leaders can talk all they like, the one voice that matters is Merkel, she's saying that we should be allowed a reasonable amount of time before we trigger Article 50.

No definition on reasonable, long enough to change our minds is my definition.

They left but not via Article 50.

Not yet. Might do it this afternoon for the lolz.

As I said I hope to be wrong and UK finds a way to stay.

True, but it does mean that there is a precedent of the mechanism by which to make notification of intent to leave, even if the same article wasn't used.

Of course, if we do decide to leave, I'm in favour of sending Coldplay to Brussels to play cover versions of all of the Eurovision entries until they get the message. If you can't scorch the earth, what can you do?

Hard to keep up with everything in this thread but just saying that the pound is falling rapidly. You all know this obviously but it's bizarre watching it all happen from over here in Sweden. I can only imagine what it's like in the UK.

They could finish off each round with Fix You, to drive the point home

FTSE250 5% down for today.

FTSE 250 Index
INDEXFTSE: MCX - Jun 27, 11:44 AM GMT+1
15,284.38 decrease 803.67 (5.00%)

Oof that's harsh

I've never understood why UK was in the EU in the first place. You are not part of the Schengen area and you do not use the euro. Those are the only two things that have actually been useful to layman like me. Great thing is that from now on I don't have to deal with archaic management practices dealt by lords managing companies from UK. If we are lucky companies actually start moving their european headquarters from London as UK will no longer be the gateway to Europe for multinationals.

1 Greenbank : Never (well, not in the next 3 years anyway)
2 Ramsaye : General Election first
3 senorB : 1st Jan
4 EB : 1 April
5 neil: Boxing Day 2016
6: Damo: general election first, then by the end of the first term of parliament.
7: TW : Another referendum first, then never
8: Yark: 31st October 2016
9: JW: Election first. I'd be very pleasantly surprised if after that there's to be no Brexit and we get a proper Conservative and Labour party. OR even better, new parties but FPP fucks that up.
10: TSK: Tricky to call but sometime between 31st October 2016 and 28th February 2017
11: As soon as Cameron as converted all his sterling to offshore pigfucking tokens.

I would imagine that Cameron's money is in dollars.

He signed a new mortgage deal the week before Brexit

Well currently......

Oil crisis induced Kroner collapse > Brexit induced pound collapse.

I fly over in 2 weeks and need some XT crank arms, and possibly a macbook. Hurry up UK!

The Jack of Kent article is interesting, and makes the point that whatever the other EU leaders want to happen they cannot, in any way, force us to issue the article 50.

EU leaders complaining about another EU member dragging their feet on a decision that they want them to go along with?

Quick show of hands for those who are genuinely surprised.....

What are the chances that the UK economy was a lot more fragile than anyone was prepared to say during the campaign and that this market shock could be far more serious than it already appears? The government couldn't really have gone with a narrative that they were running a nation that was on the brink and can't exactly turn around now and say "yeah we knew it would be almost terminal but didn't tell you"

stock market hit tilt. suspended trade in UK bank stocks. wow. and this.

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Those are the only two things that have actually been useful to layman like me

There's probably quite a few more less obvious tangible benefits. It's not a complete bureaucratic boondoggle.

Of course it is. Osbourne just started saying "we have a strong economy" over and over until people started believing him and to help justify the public service cuts.