Re: Congrats UK!
Posted: Mon Aug 15, 2016 12:49 pm
What is the latest on the "Brexit"? Are they still doing it? Are they going to re-vote on it?
The UK and the EU have two years to negotiate the terms of the withdrawal. If they do not reach a treaty before time runs out, harsh default conditions will kick in that will suck for both sides.Marty [Mori Chu] wrote:What is the latest on the "Brexit"? Are they still doing it? Are they going to re-vote on it?
It's kind of like the collective bargaining process in the NBA. If the players and owners do not negotiate a new CBA before the old one expires, then there is a labor stoppage, and both sides lose hundreds of millions of dollars and the fans lose games. Nobody wants that, which is why the two sides are always sure to come to a new agreement on time and we don't end up with a lockout every seven years.
The same system will prevent catastrophe in Europe.