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GDP of a province will not stay same if they become a separate country. The state/province GDP or economy also depend on being part of the country and they enjoy bigger market plus investments.
Just imagine Texas enjoys NFL Franchise earnings, Defense, NASA, Houston port, Oil refineries and what not being part of USA. These revenues will come considerably down if it was a separate country.
What will be the value of Barcelona Club if it play Catalunya League instead of La Liga !!
the Brexit T.May has agreed with the EU isn't going to happen, it will never get through parliament, too many MP's will vote against it.
I don't know about anyone else, I didn't vote to do a deal, I voted to leave the EU, and that is all.
no customs union, no single market, no ECJ, no free movement of people.
the Brexit T.May has agreed with the EU isn't going to happen, it will never get through parliament, too many MP's will vote against it.
I don't know about anyone else, I didn't vote to do a deal, I voted to leave the EU, and that is all.
no customs union, no single market, no ECJ, no free movement of people.
Is there any summary of T. May version of Brexit on
1) Customs Union 2) Single Market 3) Free Movement
For how long after 2019 deadline the status-quo will remain on the above points ??
Catalonia is a wee bit of a distraction and there are a lot of people there who do not want to be out of Spain it is just that the nationalists have had a history of past violence and modernly rioting attitudes that ignore others. The rather poor example of EU democracy would not have an independent Catalonia in it!
Meantime I will be happier when my country stops dishing out billions to an EU farce that cannot even get its' books cleared for years.
In the case of a hard Brexit, I think that the ease and timeliness of a post-Brexit prosperity have been over stated. Expect that the first few post-Brexit years to be harsh ones for the UK economy.
On the other hand, in the long run the British economy should recover, because there are alternatives to the EU:
1. First and most important, the Friends and Family Plan.
2. Countries/trade blocs that complement the British economy.
Martin Hutchison touched on number 1, and advocated number 2. One possibility he mentioned is the Pacific Alliance. There are other possibilities-for example, the UK has become the second most important investor in Angola, a country with abundant natural resources.
In the case of a hard Brexit, I think that the ease and timeliness of a post-Brexit prosperity have been over stated. Expect that the first few post-Brexit years to be harsh ones for the UK economy.
On the other hand, in the long run the British economy should recover, because there are alternatives to the EU....
There are advantages and disadvantages to being part of the EU (perhaps the major disadvantage was that the UK dilly-dallied and did not take a leading role, which some other countries were hoping for...but that's over.) There will be advantage and disadvantages to leaving, and a staggering out of the EU will exacerbate them.
But in the end, I agree with Mr. Walker, things will recover...presuming there are not unforeseen world events which mess it up.
The English - and it is essentially the English - need to get over the self-indulgent political farting and bullyboy horseplay and just get on with it.
Brexit is discussed extensively by John Brian Shannon in his blog, "Letter to Britain".
Thanks, looks interesting.
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