hey-nefelibata

[hey-nefelibata]

what studying languages is like

latin: words like 'yes' and 'no' aren't important. memorize these 3000 different ways to talk about killing people though because you will use them

greek: hello naughty students it's participle time

egyptian: ancient pictionary

french: pronouncing every letter is for chumps

german: let's combine every other word together to create the U L T I M A T E F R A N K E N W O R D

[hey-nefelibata]

BREXIT: what the heck does it all mean?

A lot of people have no clue why Europe is currently in a state of uproar and the only word people seem to be saying is “Brexit” so here’s a not-so-quick and easy-breezy explanation on the past 24 hours of CHAOS that has ensued:

The European Union (EU): an organisation of European countries that follows similar laws, allows for freedom of movement/labour, easy travelling (@people who planned on doing Eurotrips, not sure if you can count the UK in that anymore!) and trade with each other. The EU is important because before it was formed, the European continent was ravaged by 2 world wars, and a division because of the Cold War. This organisation has provided all the stability we’ve seen in the past 40-odd years.

So what the heck is a “Brexit”? Basically, the UK has just voted to leave the EU. Now this doesn’t seem like a TERRIBLE thing, but there are some serious political and economic consequences.

Economic implications:

- The British pound crashed from 1.5 to 1.3 in 6 hours, the lowest value in 30 years, which in turn affected the US dollar which affects all other global currencies. I wish I was joking but I’m not: South Africa, Poland, Norway, Mexico. Hungary, Australia, Switzerland all saw their currencies plummet. Countries that don’t rely on exports as their means of production cannot have a devalued currency. IT’s not good. The Japanese Yen which has been strengthening reached an all-time high which is terrible because Japan is trying to reverse its deflationary state. The Bank of Japan is now out of options and Japan literally STOPPED TRADING IN BRITISH STOCKS/INVESTMENTS.

- A devalued GBP means that the Bank of England is going to have to hike interest rates to prevent inflation (domestic prices going up even further) whicH WILL CAUSE A RECESSION. SOUND FAMILIAR ANYONE? YEAH. FINANCIAL CRISES.

- The UK leaving the EU means its market has gone down a LOT in size making them a less attractive destination for trade partners/investors. They’re going to have to draw up new trade agreements with basically the whole world since all their trade was previously tied to the EU. This will be tricky because countries liked having a market with a population of ~500 million compared to the UK’s size of ~50 million.

- GDP will go down. Retirement income will go down. The British economy is in a state of panic. The global economy is basically, fucked. For now at least.

The thing is, given the precarious nature of the economy right now with markets out of control and stagnant growth practically everywhere, it was a really really bad time to have this referendum - a lot of countries have been banking on a “Bremain” before making their next move when it comes to monetary/fiscal policy. The IMF has predicted that 2016/2017 will see the worst years for growth, but we might see upward growth trends from 2018 onwards.

So how does it still get worse?

- Scotland showed an overwhelming majority of votes to remain in the EU. It’s likely that they’re going to call for a referendum (again) to leave the UK so that they can join the EU as an independent country.

- Northern Ireland also wanted to stay in the EU. It’s likely they’re going to join the Republic and join the EU.

- Not sure about Wales. They could go “haha fuck it mate” and potentially leave the UK too.

- David Cameron has just announced that he will be resigning in 3 months which means that extreme conservatives who managed to sway the vote in favour of Leave could come to power. That’s right. We’ll be stuck to suffer with the likes of Farage and Johnson. 

- Brexit triggered a lot of nationalist/extreme right-wing movements in the rest of Europe. Some leaders already calling for “Frexit” (France), “Itexit” (Italy) and..”Dexit” (Netherlands)? We may see more in the next few days.. A disintegration of Europe is risky business because Europe has not been able to remain stable until the EU was formed. This could give way for an aggressive Russia too, who would want to take advantage of weak/vulnerable European states. An aggressive Russia will trigger US skepticism and we all know how that goes. 

SO HOW DID THE GOVERNMENT LET THIS HAPPEN?

Basically David Cameron came up with the idea for the referendum because he was desperate to gain support from anti-EU parties like UKIP during the general elections last year. Except now he’s resigning. So. 

During the campaign, Michael Gove, Boris Johnson (conservatives) and Nigel Farage (UKIP) stressed on immigration laws if the UK leaves the EU because immigration/refugees have been a big problem for the UK as its reducing jobs being given to UK locals/residents and they think the UK is becoming “overcrowded” so the Leave campaign was like WE WILL TIGHTEN OUR BORDERS! YEAH! Except now they’ve displaced millions of UK citizens living/working in the rest of the EU. Let’s see how they figure that one out.

Additionally, they talked about the economic benefits because if the UK were to leave, they would be able to allot the money that goes to the EU to other things like the NHS (national healthcare) etc. The Leave campaign went on about how the UK spends 350 million pounds a week on the EU but actually it spends less than half of that, so really, their campaign was built on scaremongering and lies. 

Article 50, aka the means of exiting will be triggered in 3 months when the new Prime Minister is announced (most likely one of the extreme conservatives/Farage who are riding high on their “Independence Day” fuckery which is even more proof of xenophobic, colonialist bullshit) after which the UK will have 2 years to complete its official withdrawal so hopefully that will provide short-term stability.

But the world is in a dark place right now and everything is terrible. 

I KNOW ITS LONG BUT PLEASE READ THIS IS IMPORTANT THIS IS GOING TO GO IN HISTORY TEXTBOOKS

[hey-nefelibata]

Hi there. If you’re just waking up

Brexit won

The £ plummeted to a 30-year low

Japan has stopped trading

Scotland is pushing for independence

Ireland is considering re-unification

The Dutch Freedom Party are calling for their own EU referendum

[hey-nefelibata]

“We call our shoes ‘sneakers,’ right, but we’re not really sneaking?” - Matthew Daddario

[hey-nefelibata]

the general gist of #brexit

the uk has voted to leave the european union for a lot of reasons but the main being xenophobia and immigration laws against refuges 

by leaving, the uk is no longer under any trade laws, union agreements, any sort of legislation or statue or agreement which is just…yikes

the pound has dropped to its lowest value in over 35 years and the world economy is in flux by the upset 

japan has already halted trading [x]

scotland voted to remain in the EU so like yikes part two

basically: @britian wyd

more updates from me on twitter [x]

[hey-nefelibata]

[hey-nefelibata]

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[hey-nefelibata]

British School System - School Years

[hey-nefelibata]

its “thighs rubbing together under ya sundress” season

[hey-nefelibata]

you have been visited by the seven magic dragon balls your biggest wish will be granted but only if you reblog

[hey-nefelibata]

Tumblr tends to be very America-centric so can we just turn our eyes for a minute to the UK

Specifically to this woman. 

Earlier today, Jo Cox, a Labour MP in Northern England, was stabbed and shot at an event in a library. 

It has just been confirmed that she has died due to the attack. 

She was a great campaigner and humanitarian, and has left behind a husband and two children. 

This kind of event happens rarely in the UK, and so this is terrifying and destabilising that such a horrific thing has happened to such a compassionate person. 

Can thoughts on Tumblr turn to the UK today please, and turn to remember a woman who has been brutally murdered after a lifetime of trying to build a better country.

[hey-nefelibata]

Prince Harry playing in the Sentebale Royal Salute Polo Cup at Valiente Polo Club

[hey-nefelibata]

I just want Prince Harry to do what he wants, what he really, really wants. I think it would be a fun experience for him to be king. I would love to see him be king.

9-year-old Tristan of Lambs Lane Primary School on the day Prince Harry came to film the children’s TV Show Game Changers (via royalwatcher)

[hey-nefelibata]

[hey-nefelibata]

Do You have a gif where Prince Harry sneeze on the balcony? ;) IT was so funny :D

[hey-nefelibata]

SHE HAS NO SHAME I LOVE HER SO MUCH

[hey-nefelibata]

LGBTQ Muslims have and always will exist—we aren’t haram and we aren’t alone.