[OneOneOneOne]

All the short sighted articles are surprising. It is uncertain whether the "brexit" is better long term solution for the UK. Taking a look at the stock market a day after the vote is not going to show the true impact.

Mr Soros's comment reflects my current opinion...

“Britain eventually may or may not be relatively better off than other countries by leaving the EU, but its economy and people stand to suffer significantly in the short to medium term,”

[jonknee]

This isn't a short sided article... George Soros is famous for "breaking the bank" in the early 1990s so there were tons of people curious as to where he was positioned on Friday. That's it. It doesn't matter if this turns out to be a disaster, neutral or a good thing for the UK. All that people wanted to know was if Soros hit the lottery twice.

http://www.investopedia.com/ask/answers/08/george-soros-bank...

[auntienomen]

The thing is, we don't know how or even if Soros bet on Brexit. The article doesn't say. We know he was long the pound, but we don't know what the rest of his portfolio looked like. (If he was short European stocks or long gold, he might have done really well.)

It makes sense that people were curious about his pound position, given his history. But we haven't got the knowledge needed to compare his massive public outright pound bet to his pre-Brexit referendum positioning.

[ralfd]

Sure, we don't know how it will turn out.

BUT: The EU has a big incentive to make the UK regret their referendum, as it is not in their interest that other countries exit too. That prevents a favorable deal like for non-members Switzerland or Norway.

[protomyth]

I read stuff like this an can only think of the EU as an abusive parent who punishes kids who leave. Perhaps the EU needs to do some introspection on itself.

[toomuchtodo]

Poor analogy. If you have a tribe, and the tribe's survival depends on cohesion, its behooves you to exert force to maintain that cohesion.

[protomyth]

I would say that is a worse analogy. Are people in Germany going to die because of the UK leaving? Or do you mean the government in Brussels? I think it is more the later than the former.

[yclept]

So is it better for the EU / global economy?