Game Theory Explains Why No Deal is Inevitable - Brexit Explained

It seems like Brexit is at a stand still. There's not been much progress recently and May's deal appears to be failing. Game theory might explain why we've not been moving forward. We explain what game theory is and how it influences Brexit negotiations
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Пікірлер: 1 800

  • @crayonviking
    @crayonviking5 жыл бұрын

    So, the biggest mess comes from MP's who think about their career and not the country?

  • @frantisekzverina473

    @frantisekzverina473

    5 жыл бұрын

    not just the biggest mess - this whole mess!

  • @khamphaTG

    @khamphaTG

    5 жыл бұрын

    not from 37% of the population who support No deal?

  • @SwissSareth

    @SwissSareth

    5 жыл бұрын

    Don't act so surprised. Politicians have fucked countries up since time immemorial.

  • @vaska00762

    @vaska00762

    5 жыл бұрын

    I mean, after the Liberal Democrats chose to go into coalition in 2010 in the interests of the country, only to lose something like 40 MPs at the next General Election, it's become clear that the electorate don't care about the county, just whatever the heck the politician claims they will do.

  • @rotwang2000

    @rotwang2000

    5 жыл бұрын

    Let's see, a businessman who uses racist, nationalist rhetoric and some well placed insults in the European Parliament to create the illusion he is the messiah pushes for the UK to leave the EU. He manages to lure the Eurosceptic wing of the Tory party into becoming a vocal group, PM tries to head them off with a non-binding referendum. Opportunists jump onto the occasion to support the leave movement. Meanwhile businessman discovers that all the actual racists and xenophobes are rallying to his party in droves and decides to bail from his own party the second the vote is over where he has gambled on shorting the pound to make a bundle and has a German passport in any case. The non-binding referendum becomes the most binding thing in the universe, exceeding the previous record set by God and some stone tablets. The day after the vote Businessman with his pockets full money admits it was all a lie and the promises of Brexit will not hold up as they were presented before the vote. Everyone who played with Brexit matches ran away after the barn caught fire, PM tells everyone to drop dead and leaves. Captain blonde wants to be PM but can't even name a single MP by name, while the guy who knows every MP by name and all their hidden secrets knows nobody will vote for him unless he uses torture instruments. It's a battle between batty lady one and batty lady two with one winning on account of the other accidentally mentioning having children. So batty lady gets to be PM, gets stuck between all the people who want to become God Emperor of Brexit and play a parody of North Korean political zealotry purity games to see who will be featured in the sequel to 1984 for most cynical fake posturing that so vastly exceeds fiction it can only be sad reality we have to live in. And everyone lived miserably for years afterwards, except for the rich and powerful who have access to an inexhaustible supply of get out of jail cards.

  • @RainbowMattitude
    @RainbowMattitude5 жыл бұрын

    I was expecting the strangest collab...

  • @ThomasRed20

    @ThomasRed20

    5 жыл бұрын

    Sameeee

  • @kinga6347

    @kinga6347

    5 жыл бұрын

    But thats just a theory... A game theory.

  • @mist4620

    @mist4620

    5 жыл бұрын

    I was disappointed when he started talking and it wasn't MatPat.

  • @SxVx55

    @SxVx55

    5 жыл бұрын

    You guys didn't impress Miss Piggott

  • @williamhornstra8313

    @williamhornstra8313

    5 жыл бұрын

    OMG SAME HERE! I was thinking why’s MatPay talking about British politics?

  • @KleopatraLtd
    @KleopatraLtd5 жыл бұрын

    Hey-o just a quick note: I (and I am guessing many others) follow your posts precisely because you aren't dumming it down too much. So when you explain game theory don't call it "boring" afterwards. Its a salient point in your argument and a key reason why I follow your posts is because you take time to construct your arguments and back them up. Don't underestimate your audience. Please.

  • @gentlemanvontweed7147

    @gentlemanvontweed7147

    5 жыл бұрын

    He's British. Underestimating ourselves is what we do.

  • @TylerGough

    @TylerGough

    5 жыл бұрын

    @@gentlemanvontweed7147 lmao

  • @horvathlaszlo96

    @horvathlaszlo96

    5 жыл бұрын

    was probably just an innocent joke :P

  • @Andizzyuk

    @Andizzyuk

    5 жыл бұрын

    @@gentlemanvontweed7147 and Brexit is an example of a time we overestimate ourselves and it goes down the pan

  • @delta9c21h30o2

    @delta9c21h30o2

    5 жыл бұрын

    ​@@gentlemanvontweed7147 more like you are expected to underestimate yourself in public, but in reality the british think exceptionally high of themselves.

  • @Pribbip
    @Pribbip5 жыл бұрын

    Needs more countries wearing shoes

  • @bigzzz184

    @bigzzz184

    5 жыл бұрын

    I would buy a world map of every country wearing shoes.

  • @seneca983

    @seneca983

    5 жыл бұрын

    Sealand with shoes.

  • @clam4597

    @clam4597

    5 жыл бұрын

    And legs to stand on.

  • @Carewolf

    @Carewolf

    5 жыл бұрын

    I would happy if "some" countries would put on their pants.. (look at U.. K)

  • @fleite34
    @fleite345 жыл бұрын

    So in a nutshell: Mp's are like: "Sod the country I just want to keep my job".

  • @jb5273

    @jb5273

    5 жыл бұрын

    Hence why politics has and will always be broken

  • @danielhobgen6146

    @danielhobgen6146

    5 жыл бұрын

    F Leite - any politician prioritising job security over doing what they believe is right should look at Jo Cox. She was wrong on so many things, to the point where she stood against public opinion, but she was willing to publicly declare her view and ultimately paid a heavy price. A life is not worth living if you are just a puppet. A person's life must be their own.

  • @fex144

    @fex144

    5 жыл бұрын

    England is torn down by its know-nothing public, and its do-nothing MPs.

  • @fungames24

    @fungames24

    5 жыл бұрын

    Successful politicians do have their country at heart, their peers ensure that. Other than through a coup, it's not possible for the total scumbags to get to the top. You have been mislead to believe the MP's will sod the country. They will not. When an orderly exit isn't possible, they will not exit. Brexit will disappear the same way it appeared. But, they did it for your good. It's about forcing the foreigners to unload their £ holdings.

  • @bektaskonca5189

    @bektaskonca5189

    5 жыл бұрын

    this mess has nothing to do with politicians you looking to blame some one look at the mirror, referendum should have never happened but it did so go back to who ever organised it ask them what is the plan for leaving other than to run soon as referendum ended, i despise politicians more than any man but in this case idiotic public to blame as the left nor right parties had no intention or plan to leave EU...

  • @mcbrite
    @mcbrite5 жыл бұрын

    Congrats on cracking the 100k before Brexit! You deserve it! - Keep up the good work!

  • @stackzbeats9344

    @stackzbeats9344

    5 жыл бұрын

    mcbrite Honestly this should replace mainstream news

  • @mcbrite

    @mcbrite

    5 жыл бұрын

    @@stackzbeats9344 To a certain extend it is and it has!!!

  • @Wichnam

    @Wichnam

    5 жыл бұрын

    Do I hear 200 K BEFORE the 29th of March!

  • @TheoWerewolf
    @TheoWerewolf5 жыл бұрын

    It's actually a little worse because you've left one entire participant - technically the other side of the entire negotiation - out of the equation: the EU. For example, regardless of whether the UK votes for extending A50, the EU is the party who grants it and they've been clear - no extension unless it's really going to lead to some new option, which right now just isn't the case. So a lot of the gaming going on is based on perceived choices that don't actually exist, or are far, far less likely than assumed. Even accepting 'the deal' isn't a given - it's been weeks since the EU agreed it, and Spain and other countries are starting to have second thoughts - and it only takes one of the Council members to veto the deal. That's why Ireland has so much power in this situation. Which means, I agree with your conclusions - no deal Brexit seems inevitable - it's just even MORE inevitable than you're suggesting.

  • @alexmarouan1431
    @alexmarouan14315 жыл бұрын

    The problem with game theory is that it assumes people are rational entities, assuming politicians are rational is probably even more preposterous.

  • @stackzbeats9344

    @stackzbeats9344

    5 жыл бұрын

    Conchita Mendez a widely accepted assumption in economic theory is that we assume all agents in a transaction of any sort are rational

  • @stackzbeats9344

    @stackzbeats9344

    5 жыл бұрын

    Conchita Mendez I am aware of what game theory is 😂😂😂but thanks for the debrief 😉. Anyways, the way it is being mentioned in this video is more Applied Economics than Pure Mathematics or Decision Mathematics so I decided to treat it that way but I do understand what you’re saying 😁

  • @tat3179

    @tat3179

    5 жыл бұрын

    Do you even understand game theory before making that comment?

  • @Sanderos25

    @Sanderos25

    5 жыл бұрын

    I remember doing a experiment on this; I went to a primary school, gave all children in class(11y old) 2 playing cards, red and black. Had them face off, if both gave a red card both would receive 3 points. If you showed red and your opposition showed black, 0 points. You black, opposition red, you receive 4 points. if you both play black, 1 point. You reveal cards at the same time, no conversing. Guess what, after game 2 all but one child continuously played black. This shows a couple of things, it is taught behavior. Children started out trusting the other party. Over time the children started thinking about their choice and what would be beneficial for them winning the game, so it is rational indeed. It is not as much a mathematical theory as an observation of human behavior. There is a reason most economy branches fall under or have a strong relation with the department of sociology. Human behavior is really interesting to economists because they are the most instable factor in their equations. Sure the theory is way oversimplified but it does accurately describe a facet of human decision making.

  • @666Tomato666

    @666Tomato666

    5 жыл бұрын

    WTF you talking about? both examples assumed politicians behaving irrationally!

  • @Grim_Beard
    @Grim_Beard5 жыл бұрын

    I hope Mrs Piggott sees this video.

  • @smarteverything5832

    @smarteverything5832

    5 жыл бұрын

    Lol

  • @jameslebron2403
    @jameslebron24035 жыл бұрын

    MPs putting career before the interest of their country. The political brinkmanship of British politics is disgusting, and will result in disaster for so many millions of people across Europe.

  • @mattpotter8725

    @mattpotter8725

    5 жыл бұрын

    @randomguy8196 As a Brit, it makes me sad to admit this, but you are right. The problem is though that it isn't about screwing people over, which is how it is framed to a lot of people to make them think the other side are your enemy, but just looking out for your own interests. Most Brexiteers think that they should be able to get everything they want, have the world as they want it to be, free trade deals everywhere, but the world just doesn't work like that. It will cooperate up to a point, but always looking out for your own self interest. The British people have either been lied to or just had the truth omitted from conversations. They tell us we are the 5th biggest world economy, but what they don't tell you is that many of the smaller economies have arranged themselves into trading blocs to counter being picked off by the major economies. I still haven't heard from any Brexiteer where this uplift in trade, which countries, which sectors the post Brexit UK uplift will come from, probably because it's all a lie.

  • @medkip992
    @medkip9925 жыл бұрын

    I was waiting for Matpat trying to explain that the EU is Ness from Earthbound

  • @gargoyles9999

    @gargoyles9999

    5 жыл бұрын

    Medkip But that's just a theory

  • @KinVao

    @KinVao

    5 жыл бұрын

    @@gargoyles9999 A game theory! Thanks for watching.

  • @estherkirakawaii

    @estherkirakawaii

    5 жыл бұрын

    It was the shoes all along!

  • @lellyparker
    @lellyparker5 жыл бұрын

    Sort of reminds me of the actual referendum where so many voters voted to "leave" because they assumed that the vast majority of others would vote to "stay" and that their "leave" vote would simply be registered as a protest vote. It is like Britain keeps playing chicken with itself... and losing.

  • @Boomerrage32

    @Boomerrage32

    5 жыл бұрын

    I know that I keep going on about first past the post, but it's sort of the same. With FPTP, you can't really vote with your heart, you have to be strategic, otherwise your vote is going to count for nothing. After all, with FPTP every vote not cast for the runner up candidate, is a vote cast for the winner. I don't understand why swapping FPTP with something better isn't on the forefront of every somewhat politically inclined citizen. That should be the first order of business, after you solve whatever Brexit fallout there's going to be.

  • @philiphall4805

    @philiphall4805

    5 жыл бұрын

    Lelly Parker Wrong ......I'm tired of being told why I voted leave , stop being so arrogant and can anyone who voted remain please put forward a convincing argument

  • @lellyparker

    @lellyparker

    5 жыл бұрын

    @@Boomerrage32 I know what you mean. But getting rid of FPTP is hard for exactly the reasons you just stated, people feel they have to vote tactically and that means they never get to vote for a candidate that wants to replace it. Also you then have to deal with what to replace it with....

  • @WhoGivesAFlyingDick

    @WhoGivesAFlyingDick

    5 жыл бұрын

    Philip Hall If you your looking at the catastrophe we’re heading towards and still need convincing why leave was a bad idea I don’t think there’s any point in trying to convince you otherwise.

  • @sabinehahn9774

    @sabinehahn9774

    5 жыл бұрын

    @@philiphall4805 no argument - just hurry up and get fog out of the EU before you really damage them. Nobody wants you anyway, who needs 17.5 mill xenophobic racists? If you guys were just a little bit more competent and would manage to get your rainy little island finally out! And these competent masterminds like Chris Grayling will be the ones who rule you afterwards - there will be rofl from the rest of the world for ages to come!

  • @grivar
    @grivar5 жыл бұрын

    I had to write an essay on game theory in school once. Matpat made searching google very difficult.

  • @tommydoez

    @tommydoez

    5 жыл бұрын

    Oof. I feel you. however Google searches can get pretty precise so you should be more precise with your questions.

  • @DonNachi
    @DonNachi5 жыл бұрын

    I remember when this channel had barely 5k subs, now you're at 100k. Congratulations!

  • @shaneldraey827
    @shaneldraey8275 жыл бұрын

    My IQ is dropping because of Brexit

  • @MrZobiwan

    @MrZobiwan

    5 жыл бұрын

    not enough because you noticed that

  • @PonzooonTheGreat

    @PonzooonTheGreat

    5 жыл бұрын

    My IQ is augmented

  • @conors4430
    @conors44305 жыл бұрын

    Essentially, everybody is so scared of making the wrong move that nobody moves and nothing happens

  • @maxr7527
    @maxr75275 жыл бұрын

    Was that Boris in prison? :D

  • @gazzamuso
    @gazzamuso5 жыл бұрын

    You made the people symmetrical! Thank you!

  • @rayanjawad3708
    @rayanjawad37085 жыл бұрын

    This is brilliant. Keep up the ace work!

  • @ergomate9092
    @ergomate90925 жыл бұрын

    Excellent video! Looking forward to seeing a paraphrased version of this in all the tabloids in about three days.

  • @entengummitiger1576
    @entengummitiger15765 жыл бұрын

    The prisoner's dilemma is based on the fact the prisoners cannot communicate. That's where your analogy comes crashing down

  • @javiersds8081

    @javiersds8081

    5 жыл бұрын

    Even though you spotted a flaw in the argument, I think it still makes sense, since none of them (MP A or MP B) wants to be the one sticking their neck out by supporting May's deal. So they won't reach an agreement even if they can communicate.

  • @peaps
    @peaps5 жыл бұрын

    The country did not vote, for a "deal"

  • @hookey24

    @hookey24

    5 жыл бұрын

    So let's vote on the deal

  • @phild8192

    @phild8192

    5 жыл бұрын

    Yes it did. No deal was invented during the last few years. It didn’t exist beforehand. There is no mandate for no deal. It would be undemocratic.

  • @Knixon-tl5oc

    @Knixon-tl5oc

    5 жыл бұрын

    @@phild8192 the ballot paper clearly said to leave the eu, not parts of it therefore it meant a no deal brexit from the start

  • @phild8192

    @phild8192

    5 жыл бұрын

    Xx_Edgelord _xX nope. You’re completely wrong. There are ways of leaving all of it with a deal. That’s exactly what mays deal does so your point is clearly and demonstrably incorrect. It’s a terrible deal .. but better than no deal.

  • @nknumero

    @nknumero

    5 жыл бұрын

    "a country did not vote for a deal" ... all i hear is "baa baa , baa" sheeple

  • @BillySugger1965
    @BillySugger19655 жыл бұрын

    This is fascinating, a day after Parliament rejected no-deal! 😂

  • @freakstate
    @freakstate5 жыл бұрын

    Supporting you on Patreon now, great work!

  • @jacobburns9343
    @jacobburns93435 жыл бұрын

    Why do you say "Vote for no deal"? If they vote, it's FOR a deal. The default action is a no deal brexit unless negotiations are extended, a deal is reached, or Article 50 is revoked. Right?

  • @dpjPente

    @dpjPente

    5 жыл бұрын

    Spreading misinformation has been the cornerstone of the remaniac media ever since the referendum was called.

  • @Comrieion
    @Comrieion5 жыл бұрын

    But hey that's just a theory

  • @bakerstreet2664
    @bakerstreet26645 жыл бұрын

    The prisoner's dilemma reminds me so much about that ITV game show golden balls... remember split or steal? 😂

  • @Sanford
    @Sanford5 жыл бұрын

    Excellent work and even commented on your excellent use of Game Theory!

  • @charleskelsall6549
    @charleskelsall65495 жыл бұрын

    No deal has been inevitable for months. They should have announced it last year and started preparing for free trade agreements with America, Australia, Canada, and New Zealand.

  • @czarzenana5125

    @czarzenana5125

    5 жыл бұрын

    If you're fighting with your neighbours you are left with far away friends. Australia already opposed to the UK becoming a member of the TTP (too far away), but they did offer a quick trade deal in case of a no deal Brexit.

  • @thekirk884

    @thekirk884

    5 жыл бұрын

    President Trump has been working with PM May for this exact scenario. We are more than willing to trade with them without the crushing EU regulations once March 29th comes.

  • @czarzenana5125

    @czarzenana5125

    5 жыл бұрын

    @@thekirk884 The US is well known for being the most protective country in the world and Donald Trump is well known for messing up trade agreements instead of respecting them.

  • @danielhobgen6146

    @danielhobgen6146

    5 жыл бұрын

    Charles - but Theresa May is a genius. She is looking to take this down to the wire and offer the EU a favourable deal for Britain in the last few days before the deadline. Mrs. May will bring the EU to it's knees. I trust in her abilities.

  • @stuartsummers1303

    @stuartsummers1303

    5 жыл бұрын

    @@thekirk884 Trump scrapped a deal with the EU because it didn't benefit America to the fullest extent. Imagine what kind of deal he'll give a struggling UK desperate for any sort of deal. They'll probably be allowed to sodomise us whenever they want.

  • @abp1400
    @abp14005 жыл бұрын

    Someone please correct me if I'm wrong but isn't no deal/hard brexit right now the "default" outcome unless something gets passed in the next few weeks?!! I think that alone makes it the most likely outcome right now.

  • @orangeedo

    @orangeedo

    5 жыл бұрын

    Correct. Also Mays deal is basically remaining.

  • @clray123

    @clray123

    5 жыл бұрын

    Nope, the default and most likely outcome is an extension of the fake "brexit deadline" by 1 year or longer. This needs no debating, can and will be arranged "last minute" by the EU politicians, and will be asked for by the British government when time runs out.

  • @orangeedo

    @orangeedo

    5 жыл бұрын

    @@clray123 That's not the legal default at the moment, even if it is more likely.

  • @clray123

    @clray123

    5 жыл бұрын

    @MrEd Well, he did not ask about the "legal default". Of course, the extension can't be arranged by default legally or even long before the deadline expires, as it would make the "negotiations" even more farcical than they are. By last minute extension the British government will save face because they can claim to have "pressured the EU" into it, and EU will save face because they actually don't have to care much about the exact date and can sell this as a sign of clemency and goodwill for an orderly arrangement. The existing, working system can go on indefinitely, and most non-British EU citizens simply don't give a fuck either way. It's just too bad for companies who have already made special preparations for the worst case scenario, but these can be assuaged by other means, especially with a long extension.

  • @orangeedo

    @orangeedo

    5 жыл бұрын

    @@clray123 Default on this context means the automatic result if nothing is done to change it.

  • @TheDarkever
    @TheDarkever5 жыл бұрын

    Very interesting analysis. Very simplified as you mentioned yourself, but I think this can be applied of several other situations.

  • @newmanj8690
    @newmanj86905 жыл бұрын

    Maths and politics? Now you're talking!

  • @johnmcgrath200
    @johnmcgrath2005 жыл бұрын

    Danny DeVito Theory -- Why Magnum Dongs are almost inevitable

  • @lioraselby5328

    @lioraselby5328

    5 жыл бұрын

    John McGrath by Dr. Mantis Toboggan

  • @canguar
    @canguar5 жыл бұрын

    This whole dilemma wouldn't exist if parliament was elected via a proportional voting system.

  • @whattaboy209

    @whattaboy209

    5 жыл бұрын

    UKIP would certainly have more power.

  • @OzzRondo

    @OzzRondo

    5 жыл бұрын

    @@whattaboy209From the 2017 GE votes (using the STV system), UKIP would only have 1 MP.

  • @whattaboy209

    @whattaboy209

    5 жыл бұрын

    @@OzzRondo I was basing my point on when Farage was at the helm. But yes, you are correct, the fire within UKIP hasn't been as hot since NF left.

  • @OzzRondo

    @OzzRondo

    5 жыл бұрын

    @@whattaboy209 Fair play I haven't looked the 2015 one up but I think I remember it being like 60/70 MPs if they had STV so good point

  • @kafkastiles
    @kafkastiles5 жыл бұрын

    How appropriate that you put all these people behind bars. Good luck, UK.

  • @pomegranat2000
    @pomegranat20005 жыл бұрын

    Awesome, now UK can fully see the efficacy of their government.

  • @Johntheblack99
    @Johntheblack995 жыл бұрын

    They just voted no deal isnt possible so where does that leave them?

  • @CBoy92

    @CBoy92

    5 жыл бұрын

    And that's why Game Theory doesn't work. Because sometimes people don't act like calculators.

  • @bcent5758

    @bcent5758

    5 жыл бұрын

    If a deal isn’t agreed or article 50 revoked, it doesn’t matter that they voted against no deal, it would happen automatically on 31 oct by default.

  • @conorlooney3295
    @conorlooney32955 жыл бұрын

    Politicians should not be playing game theory with our country's future.

  • @stackzbeats9344

    @stackzbeats9344

    5 жыл бұрын

    Conor Looney I’m positive that if the UK were to elect a parliament filled with the TOP A-level economics and degree-level students the UK would be in a much better state than it is now. Change my mind

  • @BoojumFed

    @BoojumFed

    5 жыл бұрын

    "Game Theory" is just the name given to the study of competitive psychology (that is, the psychology of people who see themselves in potential win v. lose situations where they cannot dictate/ coordinate with the other person/ 'team'). Even in the introductory dilemma, those two prisoners don't think jail time is a game...

  • @gentlemanvontweed7147

    @gentlemanvontweed7147

    5 жыл бұрын

    They aren't playing a game. Brexit is the first step on the road back to empire

  • @conorlooney3295

    @conorlooney3295

    5 жыл бұрын

    G C sorry but I disagree that politicians are ignorant. It takes intelligence to get elected, which is why Nigel doesnt have a seat in the House of Commons despite strong support for Brexit.

  • @conorlooney3295

    @conorlooney3295

    5 жыл бұрын

    Stackz Beats it would be but our social policy would be weird. The people wouldn't get voices on social issues if it's all about economy. Honestly there should be a separate government for social issues and economic issues. That way we could get economic experts in the economy gov. and elected officials / policies in the social gov.

  • @Bandecki
    @Bandecki5 жыл бұрын

    5:07 was that just a teeny-little-tiny fart in there? haha! Good video as always though of course :)

  • @doobedoobedo1
    @doobedoobedo15 жыл бұрын

    May's deal is completely unpalatable to anyone who actually wants to leave

  • @benlex5672
    @benlex56725 жыл бұрын

    And now no deal is voted out lol Terisa May really is walking down the road to becoming one of the worst PM in GB history lol

  • @squizza28
    @squizza285 жыл бұрын

    He's a bit biased, isn't he? Saying "general consensus is a no deal would be bad for the country certainly in the short term" is not balanced with "there are many advantages to a no deal". He also doesn't mention aeticle 24 of the wto gatt treaty where we have 2 further years unimpeded trade with eu, while being outside the eu and while we negotiate outside, from a position of strength.

  • @4200Felix

    @4200Felix

    5 жыл бұрын

    There's basically noone that things there are many advantages to a no deal. There's a few that claims to believe otherwise, but most of those have secured EU passport and has stashed their funds overseas in preparation for brexit, showing that their actual expectation does not match their declared expectations. So he is being fairly balanced.

  • @deekircher21
    @deekircher215 жыл бұрын

    This game theory of the prisoner’s dilemma was if either side didn’t know what the other prisoner would do

  • @jamessinclair2342
    @jamessinclair23425 жыл бұрын

    But that's just a theory... A GAME theory

  • @liammargetts
    @liammargetts5 жыл бұрын

    And that's just a theory... A game theory!

  • @christiangade4165

    @christiangade4165

    5 жыл бұрын

    ThatGuy Theory doesn’t mean “theory” - Think about what that might mean for the theory of gravity.

  • @fujihita2500

    @fujihita2500

    5 жыл бұрын

    To those who missed the joke, it's the outro of The Game Theorists channel

  • @lellyparker

    @lellyparker

    5 жыл бұрын

    @@christiangade4165 Actually "theory" does mean "theory". The "theory" of gravity doesn't speculate whether or not gravity exists. It postulate how gravity might work. And, frankly, we're still pretty clueless about that.

  • @diabl2master

    @diabl2master

    5 жыл бұрын

    @A Id It's even better than science - it's mathematics.

  • @liammargetts

    @liammargetts

    5 жыл бұрын

    @@christiangade4165 r/woooosh

  • @philsweeney81
    @philsweeney815 жыл бұрын

    If there was a worse option than No Deal I guarantee that's what we'd get, its always got to be the worst option because it Britain.

  • @shanerooney7288

    @shanerooney7288

    5 жыл бұрын

    Socialism.

  • @stackzbeats9344

    @stackzbeats9344

    5 жыл бұрын

    I’m positive that if the UK were to elect a parliament filled with the TOP A-level economics and degree-level students the UK would be in a much better state than it is now. Change my mind

  • @bosoerjadi2838

    @bosoerjadi2838

    5 жыл бұрын

    The worst option is a last minute cancellation of brexit. Both the UK and the EU want that less than no-deal.

  • @macman6421

    @macman6421

    5 жыл бұрын

    The worst option would be May's deal. I would prefer retraction of article 50 or no deal rather than May's deal.

  • @bosoerjadi2838

    @bosoerjadi2838

    5 жыл бұрын

    @@macman6421 Yes, for the UK politicians internally, leave versus remain, you are correct. But for EU versus UK the worst political option for both parties would be a canceled brexit.

  • @ABDLLHSDDQI
    @ABDLLHSDDQI5 жыл бұрын

    Greetings from Estonia, welcome here! Hope you like your stay.

  • @MarinatedInMayo
    @MarinatedInMayo5 жыл бұрын

    You're why adblock exists.

  • @mikeoneill8665
    @mikeoneill86655 жыл бұрын

    Nothing on my ballot paper about a deal.

  • @4200Felix

    @4200Felix

    5 жыл бұрын

    Nothing on mine about no deal.

  • @mikeoneill8665

    @mikeoneill8665

    5 жыл бұрын

    @@4200Felix exactly, leave or remain...no fucking deals either way!

  • @HarshDude126

    @HarshDude126

    5 жыл бұрын

    @@mikeoneill8665 Leaving the EU and whether there's a deal or not are two completely separate matters. Just because leave won doesn't mean there can't be a deal.

  • @mikeoneill8665

    @mikeoneill8665

    5 жыл бұрын

    @@HarshDude126 We leave under article 24 WTO rules then, the EU can come to us to thrash out a deal.

  • @PlanetNinetyTwo

    @PlanetNinetyTwo

    5 жыл бұрын

    Too bad.

  • @MattBargain
    @MattBargain5 жыл бұрын

    Seems logical. And only confirms that UK politician don’t give a damn about anything but their own careers. Who cares about the country?

  • @mattuiop
    @mattuiop5 жыл бұрын

    No deal is like a kick in the groun May's deal is like being being strangled close to death. I'd rather brace for a groun kick tbh.

  • @simonjandrell5897
    @simonjandrell58975 жыл бұрын

    the British Government have played this like a well executed Game of Chess

  • @epic8719
    @epic87195 жыл бұрын

    This isn't a great analogy given that prisoners are kept in isolation, whereas MPs are constantly in dialogue, nice idea though.

  • @NJ-wb1cz

    @NJ-wb1cz

    5 жыл бұрын

    Dialogue is not really a solution when they don't trust each other.

  • @trulyUnAssuming

    @trulyUnAssuming

    5 жыл бұрын

    Well yes and no, they are in dialog before the vote but not during the vote, especially not if it works via ballots (I have actually no idea how the british parliament works). So that is like saying the prisoners talked before they got into jail. Yes they might have talked and agreed that no deal is better and promised each other to vote for the deal, but that is just cheap talk. And in the moment of decision they are separated.

  • @piotrfelix

    @piotrfelix

    5 жыл бұрын

    A dialogue with meaningless words.

  • @trulyUnAssuming

    @trulyUnAssuming

    5 жыл бұрын

    Actually if you are interested into that topic just look up "Cheap Talk". The category it belongs to is "Strategic Information Transmission" which encompasses "Persuasion" (i.e. what you say can be verified) and Cheap Talk. You should just be prepared for some maths. This one shows, that cheap talk can work if interests are at least somewhat aligned (which is not the case here) if I remember correctly: Crawford, V., & Sobel, J. (1982). Strategic Information Transmission. Econometrica, 50(6), 1431-1451. doi:10.2307/1913390

  • @BoojumFed

    @BoojumFed

    5 жыл бұрын

    The Prisoner's Dilemma is only the simplest introduction to the Game Theory principles being utilized; more complex ones exist. Plus, in this case all the MPs are in _one_ room while the EU is the other prisoner in the other room with no direct influence on British Parlaiment, and vice versa; so it's a closer analogy than most would realize...

  • @stephenh2827
    @stephenh28275 жыл бұрын

    I thought he meant Mat Pat !

  • @common_c3nts

    @common_c3nts

    5 жыл бұрын

    I was also disappointed when I watched this video.

  • @sonicjhiq
    @sonicjhiq5 жыл бұрын

    I genuinely thought that game theory's matpat said all this before I started watching the video lol

  • @westerncentristrants525
    @westerncentristrants5255 жыл бұрын

    Based on the title, I thought you meant MattPat from Game Theorists did a video on Brexit, hahaha.

  • @Wienerblutable
    @Wienerblutable5 жыл бұрын

    Just watched a setting about trade deals in commons. They still hunting unicorns, and can’t accept facts

  • @JimInRoses
    @JimInRoses5 жыл бұрын

    A couple of points, one just my opinion and the other factual. My opinion: as a Leave voter I would sooner have my fingernails pulled out than remain in the EU, but I would prefer to remain over accepting Mrs May's truly appalling deal. The fact: MPs can't vote to block a no deal exit as such. They can only block no deal by voting FOR something else. They already approved the possible outcome of no deal when they voted to invoke article 50 and when they rejected Mrs May's deal, in both cases by huge majorities. The ones who say they never supported exit without a deal are obviously lying or stupid. But that's what the EU does to national legislatures by taking away their responsibility. Bonus fact: extending A50 requires unanimity, which could be difficult to achieve. It's not something that can be done at the whim of our own Parliament.

  • @Nukestarmaster

    @Nukestarmaster

    5 жыл бұрын

    Not to mention that the Predictions of Doom (TM) that are being spread by remainers only make it more likely for the EU to force a no deal as the EU doesn't want a successful Brexit.

  • @DariaHupov
    @DariaHupov5 жыл бұрын

    "You came here for politics and countries wearing shoes." Good one! It made me giggle. ^_^ Keep up the good work! I love your channel!

  • @PravinPatil41
    @PravinPatil415 жыл бұрын

    My brain just fried.

  • @mildlymiffed8503
    @mildlymiffed85035 жыл бұрын

    The ballot paper had two choices, leave or remain not lets do a deal. Most people thought it meant back to a common market and a return to soverignty. The politicians have spent two years promoting agendas based on career self preservation and are a complete disgrace to the country. A second referendum should not be an option as it makes a complete joke of having any, if the second vote was stay what would be the basis of refusing a third referendum? As far as i'm concerned the vote was to leave and the whole of parliment is there to promote the will of the people not self interest.

  • @DJRoksor

    @DJRoksor

    5 жыл бұрын

    Well you're saying two contradicting things; people did not vote for a deal, yet they thought it meant back to a common market (which means a deal).

  • @mildlymiffed8503

    @mildlymiffed8503

    5 жыл бұрын

    @@DJRoksor not really, the common market is a known and tried concept, the "deal" is a convoluted concept that not even most politicians understand

  • @DJRoksor

    @DJRoksor

    5 жыл бұрын

    @@mildlymiffed8503 Well to have a common market there needs to be some kind of deal, just not necessarily the current deal that is on the table.

  • @SonicSP
    @SonicSP5 жыл бұрын

    6:21 Speak for yourself, game theory is fun!

  • @tnetroP
    @tnetroP5 жыл бұрын

    Nice dig at Diane Abbott's maths ability at the end :)

  • @AbelardoArcos
    @AbelardoArcos5 жыл бұрын

    Wonderful explanation, Congrats!

  • @POCLEE
    @POCLEE5 жыл бұрын

    Why I do like the sound of your voice.

  • @samstruyven2299

    @samstruyven2299

    5 жыл бұрын

    you're not alone ¯\_(ツ)_/¯

  • @danielhobgen6146

    @danielhobgen6146

    5 жыл бұрын

    Is it because he is a white, beta male which is the most popular type of male right now in the West?

  • @SandymoorFerrariClub

    @SandymoorFerrariClub

    5 жыл бұрын

    Alpha males would be more popular if they made KZread videos, but every time they try to make a video they end up punching the camera or having sex with it.

  • @helicongremory8480

    @helicongremory8480

    5 жыл бұрын

    @@SandymoorFerrariClub Well, Logan Paul is making videos.

  • @janicebantock7200
    @janicebantock72005 жыл бұрын

    why is no deal a bad thing ? certainly not for the uk

  • @sabin97

    @sabin97

    5 жыл бұрын

    actually a no deal brexit would be ideal for everyone except england and wales. ireland finally gets reunified. scotland gets to leave the uk and go back to the eu. usa, china, india, new zealand, the eu, australia, russia, japan, canada and many other important economies get to bully the united kingdom of england and wales. other than losing the leverage you had in negociating trade deals, what else do you get from brexit? i mean, if you wanna trade with the eu, you still have to abide by THEIR rules, except now you dont even get a vote on the rules.... less brown people? or what exactly?

  • @BENS19777

    @BENS19777

    5 жыл бұрын

    Maybe you can explain why it's a good idea?

  • @jahredharrison4069

    @jahredharrison4069

    5 жыл бұрын

    Here are some reasons why we probably shouldn't be bending over for the EU 1. Being in the EU costs a lot of money, even when it isn't actively helping member states at the time, it costs the UK roughly £300 million a week 2. The EU has serverely damaged the economies of several member states, most notably Greece, the EU contributed heavily to the recession Greece has been in since 2011 and their economy isn't likely to recover for over a decade. This could happen to the UK 3. It seems lot of high ranking EU leaders such as Emmanuel Macron and Angela Merkel have been calling for an EU army for a long time now, this is a very scary prospect for a lot of people and if they followed through with it it would be a big step towards what looks like an empire 4. A lot of influential EU officials weren't even elected, they got there through undemocratic processes and they still have significant power. This means that unelected foreign polititians are voting on UK laws 5. The EU has been attempting to impose sanctions on countries like Hungary which would remove their rights leave or even vote on EU affairs this means that these countries would dramatically lose control over their own laws and regulations, effectively being at the mercy of the EU. This could happen to the UK 6. The EU has been asking a lot from the UK during the BREXIT negotiations and have at some points demanded almost £100 billion which has made a lot of people quite upset 7. The leaders of the EU are incredibly wealthy, but they don't seem to be using a lot of that money to actually help people. 8. Manufacturing jobs have been moved to cheaper places in the EU and out of the UK and a lot of money is being taken with it, this leaves the UK with a weaker economy and less jobs. 9. The EU has repeatedly tried to force the UK to accept mass inward immigration, this means that there are a lot more workers and the workers on average are more willing to accept lower pay. This means that it is becoming harder for working-class people to find jobs and most of these jobs pay less. This also worsens the housing crisis and means that the UK has less control over potentially dangerous people from entering the country. 10. The UK is a net contributor to the EU, this means it is putting in more than it is recieving. in other words: the UK isn't making a profit. 11. A lot of people think that the UK can stand on its own economically without the EU, the Commonwealth still exists if they need support and without EU rregulations they could reinvigorate trade with Americo who could be an extremely valuable ally. 12. A lot of the time when the UK attempts to help the environment and prevent climate change the EU cuts them off and lobby for fossil fuels Simply put: we think there's too much of a chance that they'll try to absolutely fuck us

  • @sabin97

    @sabin97

    5 жыл бұрын

    yes please leave the eu. and if it's a no-deal brexit even better. i would love to see a reunited ireland and a free scotland. and then usa, japan, china, russia, new zealand, australia, the eu, india and other economic powers economically raping the united kingdom of england and wales. the schadenfreude alread smells so delicious......

  • @haatpraat2993
    @haatpraat29935 жыл бұрын

    Who is also here because they cannot believe the insanity of Brexit of any form looks like it is going to take place?

  • @Dakta96

    @Dakta96

    5 жыл бұрын

    Just reading the comments with popcorn

  • @user-pm5sh5ey2r
    @user-pm5sh5ey2r5 жыл бұрын

    No Deal is my preferred Choice.

  • @VliDono
    @VliDono5 жыл бұрын

    BUT HEY! IT'S JUST A THEORY, A GAME THEORY! Thanks for watching!

  • @sansarsingh8182
    @sansarsingh81825 жыл бұрын

    I thought the title meant game theory as in the channel game theory

  • @dougreimer2912
    @dougreimer29125 жыл бұрын

    Been watching since early last year.very insightful.

  • @sicilianotoronto
    @sicilianotoronto5 жыл бұрын

    I started spacing out after a while lol

  • @SlickReviews
    @SlickReviews5 жыл бұрын

    No one voted for this and a majority today doesn’t support it.

  • @AdamSmith-gs2dv

    @AdamSmith-gs2dv

    5 жыл бұрын

    The polls before the vote said a majority didn't support leave yet it won. Polls mean absolute shit

  • @hoggarththewisesmeagol8362

    @hoggarththewisesmeagol8362

    5 жыл бұрын

    Anyone who voted brexit voted no deal ultimately

  • @SlickReviews

    @SlickReviews

    5 жыл бұрын

    You’re all why this never should’ve been put to the people 🤦🏼‍♂️

  • @IronMan-qi3yg

    @IronMan-qi3yg

    5 жыл бұрын

    @@SlickReviews get back into your remaining basket son

  • @_dorsian
    @_dorsian5 жыл бұрын

    Hopefully there is a no deal.... I put £15 on it at 8/1

  • @piotrfelix

    @piotrfelix

    5 жыл бұрын

    It would be wise to use a different currency for a such riding.

  • @Pining_for_the_fjords

    @Pining_for_the_fjords

    5 жыл бұрын

    That £15 might be worth about £1 after a no-deal brexit.

  • @restrictedarea9360

    @restrictedarea9360

    5 жыл бұрын

    @@piotrfelix hahaha

  • @_dorsian

    @_dorsian

    5 жыл бұрын

    Cristian Proust No one was talking about anything actually, you just started banging on about “unique political process” 😂 The comments were just a bit of craic

  • @Sam-vi2ho

    @Sam-vi2ho

    5 жыл бұрын

    @@piotrfelix savage!

  • @profribasmat217
    @profribasmat2175 жыл бұрын

    As a professor of mathematics, who studied some game theory, game theory is not boring! I still don't know why nobody talks to me at parties though!

  • @Nukestarmaster

    @Nukestarmaster

    5 жыл бұрын

    Maybe because your games always end with the worst result for everyone.

  • @365techtips
    @365techtips5 жыл бұрын

    Your videos keep getting better

  • @zenopath1
    @zenopath15 жыл бұрын

    There is no way to avoid a no deal brexit at this point. The thing you didn´t discuss is the blame game. Every side wants to blame the other side for failure. That is to say, since theres no solution to the problem, everyone is already trying to win by making the other side at fault. Most everyone has already concluded that no deal is bound to happen and any last minute attempt to prevent it will just open them up to taking blame when that last minute attempt fails. The real political fight will be who gets to blame who for the no deal brexit. Both the remain and brexiteers will blame each other, with the remainers saying, ¨you didn´t vote for plan¨ and the brexiteers saying ¨you didn´t deliver a good plan, thats why it didn´t pass,¨ in short, both sides have more to gain from no deal brexit chaos and pointing fingers than preventing a no deal.

  • @marekj1100

    @marekj1100

    5 жыл бұрын

    At 8:02 the precise reason why no-deal Brexit ought to happen, I believe.

  • @zenopath1

    @zenopath1

    5 жыл бұрын

    @@marekj1100 Yeah, basically even May stands to gain if theres no deal, because if she somehow did manage to pass something, the opposition will blame her for not giving them the No Deal exit, which "would have been so much better" even though anyone with a brain can tell that it wouldnt have been. When the shit hits fan, May will be able to say ¨Well, I tried, not my fault those brexiteers lied to you about how bad it was going to be when we got a No Deal.¨

  • @Nukestarmaster

    @Nukestarmaster

    5 жыл бұрын

    The hard Brexiteers aren't blaming anyone, no deal is what they wanted anyways.

  • @zenopath1

    @zenopath1

    5 жыл бұрын

    @@Nukestarmaster Nah, they will turn around and say "I wanted a deal, but May's deal was shit. Because May couldnt get this magical deal that would keep common markets and keep foreigners out, I had to vote no deal brexit."

  • @Nukestarmaster

    @Nukestarmaster

    5 жыл бұрын

    @@zenopath1 Um no, no deal Brexit is what hard Brexiteers have always wanted, common markets is what soft Brexiteers wanted. Also May's deal IS shit.

  • @alanrobertson9790
    @alanrobertson97905 жыл бұрын

    I hope you a right because a NO-DEAL is the best possible option in the longer term.

  • @detectivejonesw

    @detectivejonesw

    5 жыл бұрын

    Except for every other option

  • @sabin97

    @sabin97

    5 жыл бұрын

    yeah, it's the best possible option in the longer term for everyone except england and wales....who will most likely end up all alone in their little kindgom...economically bullied by usa, canada, new zealand, china, russia, japan, india and every other economic power.... i cant wait to see that..... the schadenfreude........

  • @alanrobertson9790

    @alanrobertson9790

    5 жыл бұрын

    Sounds like everyone will be happy then.

  • @sabin97

    @sabin97

    5 жыл бұрын

    @@alanrobertson9790 assuming the people of england and wales enjoy having a significantly lower standard of living, yes. but so far i've never seen a human who enjoys having a lower standard of living.

  • @alanrobertson9790

    @alanrobertson9790

    5 жыл бұрын

    In cost benefit you can reduce everything to a cost equivalent. With Brexit you have money generated by extra trade minus contribution costs but you also have: a) Migration, Social cohesion, composition and culture b) Priorities given to natives on good jobs, housing benefits, health c) National Independence d) Being seen to keep your word (or not) on a democratic referendum Like all Remainers you reduce the issue to a one dimensional cost benefit without seeing the wider social context.

  • @stuartpaul9995
    @stuartpaul99955 жыл бұрын

    Excellent video. You fleshed out the bones of what i'd figured out instincively.

  • @NWRsk
    @NWRsk5 жыл бұрын

    Good idea comparing this chaos with game theory.

  • @japascho
    @japascho5 жыл бұрын

    Accrualy this is what I thought from the beginning... But as it was so obvious we could imagine that mp's are aware of this but I don't think they care... Game theory sadly is not often proven wrong...

  • @bornach

    @bornach

    5 жыл бұрын

    Question Tory/Labour MPs are asking themselves: Are they willing to destroy their own party before the opposing party does so in order to save the country from No-Deal? For most MPs the answer is NO. Bonus question: Are they willing to blame someone else for the chaos of No-Deal and capitalise on that. Hell Yes!

  • @japascho

    @japascho

    5 жыл бұрын

    @ the problem is that everyone who cancels the brexit will commit political soicide. Caus they had a voting were the people voted for leave. Regardless of the truth, everybody who decides to ignore this referendum to save the country, is politically dead. A true hero but dead. And this would need courage and we can't hope for this. That's the game theory. Everyone knows what's the best solution for everyone but the people decide what's best for themselfs.

  • 5 жыл бұрын

    @ japascho It will not be the first time the financial power kills someone. A board of directors and a 6 figure salaries is way more comfortable than the parliament and ungrateful constituents. They'll find a way

  • @japascho

    @japascho

    5 жыл бұрын

    @ not saying it's not possible, just sayn it's unlikely

  • @japascho

    @japascho

    5 жыл бұрын

    @ and the very fact that our best hope is that those politicians are much more corrupt than we assumed is horrible

  • @perspii2808
    @perspii28085 жыл бұрын

    But that’s just a theory, a *G a M E T h e o r Y*

  • @Nukestarmaster

    @Nukestarmaster

    5 жыл бұрын

    Please stop.

  • @dogaman2036
    @dogaman20365 жыл бұрын

    eyy always love to watch your videos

  • @tracyofbg
    @tracyofbg5 жыл бұрын

    As the good old saying goes: Beware of what you wish for as it just May come true.

  • @Willempopeye
    @Willempopeye5 жыл бұрын

    I live in The Netherlands. We have politicians too. I have questions. Why do the MP's consider themselves still a patriot for being a Brexiteer when they realise that it is bad for the country to hold on to that decision. Can't they put their country before their own interests? and... Will their constituents hold it against them coming elections?

  • @James-sk4db

    @James-sk4db

    5 жыл бұрын

    Because some people dont measure the countrys well being on a accountants spread sheet. It would help the economy to stop all benefits and remove the NHS, but those things matter more than their cost. Why not dispose of nuclear waste from all countries in the streets for a huge amount of money from those countries, it would make money so cant possibly be a bad thing. Why not forcibly cut out voters 2nd kidneys and sell them on the black market it will make money after all. According to you making money for the country is patriotic even if it is at the expense of the countrys health well being or freedom. People are more likely to vote against people who attempted to stop brexit in brexit voting constituencies. You like most remainers and Europhiles dont understand Brexiteers and ironically call them ignorant.

  • @Booga-tz8kj

    @Booga-tz8kj

    5 жыл бұрын

    @@James-sk4db weird reply as it is brexit that actually threatening the lives of british citizens, all to reclaim what Britain gave up 40 yeats ago

  • @Booga-tz8kj

    @Booga-tz8kj

    5 жыл бұрын

    @Jon Coxon Your reasoning for brexit is in my eyes the only real reason I can understand to support it.

  • @kensummers7757

    @kensummers7757

    5 жыл бұрын

    As the video explained, proving something that never happened was bad is not possible, so if the MP's vote against the wishes of their constituents....yes, they will be Toast!!

  • @TheCoomer

    @TheCoomer

    5 жыл бұрын

    The EU is trying to get rid of nationstates, it is in a country's interest to keep sovereign.

  • @Muenni
    @Muenni5 жыл бұрын

    So the solution would be to let MPs vote anonymously. Without persons risks, they could vote for what they think is best for the country, not themselves. Alternatively, the constituents could realize that their MPs making concessions to the other MPs to break the stalemate is not a betrayal of their cause. But I don't see a chance of that happening, even for brexiteers that don't want a no deal or remainers that don't want May's backstop.

  • @czarzenana5125

    @czarzenana5125

    5 жыл бұрын

    If they vote anonymously they will surely vote in their own interest, not that of the country.

  • @sauldula

    @sauldula

    5 жыл бұрын

    @@czarzenana5125 No, thats what they are doing now. If the vote is public, they will vote in their own interests, reelection. Reelection means voting with your constituency. An anonymous vote would let them do whats best for the country without fear of negative repercussions to their political career.

  • @czarzenana5125

    @czarzenana5125

    5 жыл бұрын

    @@sauldula Of course not. If you vote anonymously you cannot be held accountable for what you voted for. It's like finding a lost wallet and sticking it in your own pocket without anybody watching. When people are watching you won't do that. You can only vote in your own interest if nobody knows you are voting in your own interest.

  • @patsonical

    @patsonical

    5 жыл бұрын

    @@czarzenana5125 Except, in this case, the MPs' best interest *relies* on the public knowing what they've picked. If the public doesn't know what they've picked, they have no way to influence them with their choice.

  • @czarzenana5125

    @czarzenana5125

    5 жыл бұрын

    @@patsonical I understand your point, but you can always tell the public what you voted for, you can even lie about it. It's not that you have no means to influence the public. Tell them you found a wallet and brought it back to the rightful owner.

  • @Lugmillord
    @Lugmillord5 жыл бұрын

    Politicians caring more about their personal benefits than the people they are supposed to represent. So typical. So sad.

  • @michelecarbone2896
    @michelecarbone28965 жыл бұрын

    I love the Boris in jail towards the end :)

  • @andrewappleyard796
    @andrewappleyard7965 жыл бұрын

    Maydeal is a remain deal

  • @becca125
    @becca1255 жыл бұрын

    the richest man in the UK is wanting to leave. He supported Brexit. Hes the canary in the the coalmine

  • @AtheistEve

    @AtheistEve

    5 жыл бұрын

    Yeah but Tony Blair wants the UK to remain. So there's that.

  • @roymckay9589

    @roymckay9589

    5 жыл бұрын

    Which one? The guy taking his company to Singapore? Or the guy moving his hedge funds to Dublin?

  • @seraphina985

    @seraphina985

    5 жыл бұрын

    If you can afford to take out a massive short position against the UK economy Brexit is great, nobody is denying the fact that the rich can profit from everyone elses losses by exploiting the lost value in the market. Especially when you then also gain the benefit of not having to deal with new anti-tax avoidance laws making it so you have to pay the tax you owe on your ill gotten gains either just tax the poor people that they stole from even more to make up for it that will work.

  • @Skyvlk

    @Skyvlk

    5 жыл бұрын

    @@roymckay9589Yes.

  • @AtheistEve

    @AtheistEve

    5 жыл бұрын

    hicksabelle24 Tony Blair is fluent in lying to parliament, illegal invasion and war crimes. So there’s that.

  • @bigcheeseslim5753
    @bigcheeseslim57535 жыл бұрын

    I was expecting literal game theory to come on and say 'Hey guys matpat here, today we are talking about brexit'

  • @TheAlbinoskunk
    @TheAlbinoskunk5 жыл бұрын

    It's like a ship with a small hole in it which sinks because nobody can agree on the best way to plug the hole

  • @jimmyd7141
    @jimmyd71415 жыл бұрын

    Am I the only one that thinks that prison analogy made it even more complicated then it already was 😂

  • @julioestebanperezescudero6246
    @julioestebanperezescudero62465 жыл бұрын

    I think no deal will create a lot of issues that should be solved soon, but in the long run UK will flourish again. Readjustment could be a bit painful, but no pain no gain!

  • @Kalydosos

    @Kalydosos

    5 жыл бұрын

    I assume your writing that because your an International contract Lawyer?

  • @stephenpotter9942

    @stephenpotter9942

    5 жыл бұрын

    Kalydosos There is that superiority again. You consider yourself an intellectual and therefore part of the crowd OH so better predisposed to decide what is better for everyone else, including whether to 'allow' people choice. Evidently undemocratic in nature.

  • @Kalydosos

    @Kalydosos

    5 жыл бұрын

    @@stephenpotter9942 I am no intellectual however, it is better you and the other delusional joker practice the greatest, Mohammad Ali's maxim "Silence is golden when you don't know what you're talking about!"

  • @MegaTroubleII

    @MegaTroubleII

    5 жыл бұрын

    @@Kalydosos you'll never silence dissenting opinions, as much as you wish you could

  • @barbarapemb3805
    @barbarapemb38055 жыл бұрын

    Thanks for that, I think!

  • @SeisKyomi
    @SeisKyomi5 жыл бұрын

    Solid reasoning, I think you should've mentioned the concept of dominant strategies here as well.

  • @catalinforcos232
    @catalinforcos2325 жыл бұрын

    Everyone is too focused on the bad that MAY or MAY NOT happen in the short term and not enough on the good that will definetly happen in the long term with a no deal Brexit. All good things come to those who wait. I think it is worth risking the short term for the long term benefit of not being ruled by Bruxelles

  • @Nukestarmaster

    @Nukestarmaster

    5 жыл бұрын

    *Brussels

  • @javiersds8081
    @javiersds80815 жыл бұрын

    I guess not a single MP has thought about what people actually wanted when they voted for Brexit. Right now, a no-deal Brexit is probably the closest to what those people had in mind, so that's precisely what MPs should carry out, if they had the slightest sense of ethics and responsibility.

  • @oO_ox_O

    @oO_ox_O

    5 жыл бұрын

    Was it advertised as likely?

  • @StCreed

    @StCreed

    5 жыл бұрын

    @@oO_ox_O hah! If they had told the truth noone in their right mind would've voted to leave. Part of the leave voters considered it to be a Cameron popularity poll. Others thought it was a referendum about migration, an idea which Farage pushed heavily. Of course, neither are true. We'll see if the UK turns into a land of Milk and Honey after leaving. But frankly, almost none of their issues are solved with this move, and all the benefits of EU membership will be gone. Migrate if you still can - I have British friends considering it.

  • @4200Felix

    @4200Felix

    5 жыл бұрын

    Nonsense. The public was told that they would easily get an awesome deal., and there'd be billions and puppies and sunshine for everyone. If they voted for anything, that would be it. You are just using hindsight and saying that people voted the way they did, because they want what you want. Leave won the referendum by the slimmest possible margin. Theres no way that the median vote would prefer a no deal, with the margin as slim as it was. If just a few % of the leavers would accept the Norway model, then that was what the people voted for, since that would likely have the backing of most remainers. That the MP's should get a norway style deal is far more reasonable reading of the referendum result you would reach, if you actually used your logic correctly.

  • @SolarMechanic
    @SolarMechanic5 жыл бұрын

    TLDR: We are boned. Yes, I am angling for a job on the team.

  • @jamesmurray3021
    @jamesmurray30215 жыл бұрын

    This is clickbait. I was waiting for MatPat to come in and explain it