Brexit
Out of context: Reply #175
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- yuekit0
The question is how generous the other 27 countries will be. And the answer is surely: not very. For the EU, Brexit is a catastrophe. Europe is beset by crises: the euro zone is troubled and divided, the refugee problem has not gone away, countries such as Hungary and Poland have lurched in an illiberal direction, and populist (and often anti-EU) parties are everywhere on the rise. Both France’s president, François Hollande, and Germany’s chancellor, Angela Merkel, face tricky elections next year.
In practice the EU will offer Britain only two possible deals. The first is to join Norway in the European Economic Area. This would preserve full access to the single market. But, like Norway, Britain would have to make a hefty contribution to the EU budget (Norway pays about 85% as much as Britain per head), observe all EU single-market regulations with no say in making them and, crucially, accept free movement of people from the EU. It is hard to imagine a post-Brexit government accepting this. The second is a free-trade deal like the EU’s with Canada. Yet this does not cover all trade, does not eliminate non-tariff barriers, excludes most financial services and could take years to agree.
The other option for Britain is to revert to trading with the EU as America, China and India do, under normal World Trade Organisation rules. But most economists say this would make the economic damage from Brexit worse. It would bring back mutual tariffs on cars, pharmaceuticals, food and fish. It would reinstate many non-tariff barriers. And it would exclude most services, including financial services.
- Wherever we look in these examples one single power, appears in the background.
After the '90 Europe changed and this change was a disaster for one country.sted - If the pound stays low for a short while, British exports would benefit. hiring British would be beneficial on the world market.yurimon
- EU relaxed its standards and qualification to enter into the EU as you seen with greece and other eastern block countries. Alot of these countries benefitedyurimon
- ^ Greece is not an Eastern Bloc country mate. What the fuck are you on about? And membership rules being tight are essential. You really do know jack shit aboutfadein11
- anything. Why do you jibber on about stuff you know nothing about pretending to do so.fadein11
- from EU infrastructure projects, and property prices, but lag behind in economy so the bigger economies pick up the bill.yurimon
- and eastern block countries you friend of the 1%. why are you so anti people pretending you care with your undemocratic bureaucracy structured fantasy communistyurimon
- sess pool of dog bollocks gov called the EUyurimon
- sup peewee.sted
- fuck! im surrounded by germans.yurimon
- Are you?pango
- Not an argumentyuekit
- yeah pango...naught an argumentyurimon
- Yeah because dog bollocks is an argumentyuekit
- Brexit side appears to be based on feels and nationalistic flag waving rather than realistic view of thingsyuekit
- obviously wasnt ment to be.yurimon
- That was a question. Not an argument. Check your facts!pango
- not an argumentyurimon
- yup. you finally got it.pango
- ^not an argumentyurimon
- exactly.pango
- ^not an argumentyurimon
- yapango
- true, thanks for agreeing with me :) /endyurimon
- Does anything really end though?pango
- Wherever we look in these examples one single power, appears in the background.