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That is, obviously, the spin that the Brexiteers will put on it. But why should the EU extend member benefits to those who left the union?
More to the point: If the idea is that the UK is going to be better off going it alone, how can the EU wield any sort of power? That can only be possible of the Brexiteers lied about who holds the power in the UK/EU realtionship. (They totally lied.)
If the EU gives the UK a sweet deal, extending member benefits to them after though they are no longer in the union, why would any nation stay in the EU?
The EU's existence depends on members getting the good deal.
If the EU gives the UK a sweet deal, extending member benefits to them after though they are no longer in the union, why would any nation stay in the EU?
The EU's existence depends on members getting the good deal.
That is, obviously, the spin that the Brexiteers will put on it. But why should the EU extend member benefits to those who left the union?
More to the point: If the idea is that the UK is going to be better off going it alone, how can the EU wield any sort of power? That can only be possible of the Brexiteers lied about who holds the power in the UK/EU realtionship. (They totally lied.)
I thought the EU was suppose to be a trade union, not some organization that suppose to wield power...
Seems the Brexit supporters were right, the EU is growing beyond being just a trade union.
But no one has ever explained why a country must be in the EU, due solely to geographic proximity to Europe. What makes being part of the EU so essential to the UK, but not Canada? Why is Iceland not harped on about not being part of the EU?
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Quote:
Originally Posted by GotHereQuickAsICould
If the EU gives the UK a sweet deal, extending member benefits to them after though they are no longer in the union, why would any nation stay in the EU?
The EU's existence depends on members getting the good deal.
We don't get a sweet deal with the EU to start with.
Even after our rebate and EU money spent on UK projects we pay £8.7 Billion to sustain a massive trade deficit with the EU and we end up helping defend Europe.
We have a tiny trade surplus with Denmark, Luxembourg and Sweden, however the only notable trade surplus we have is with Ireland, which is for obvious reasons.
Theresa May doesn't have to hold a General Election until 2022, and there is no prospect of another vote, sop that leaves two options the first is securing a deal and the second is reverting to WTO rules. If we don't manage to negotiate a deal many EU countries are going to feel the impact and not just the UK, so a deal is in everyones interest, as is a transition period which could be arranged even if Parliament rejects May's deal.
There is no point in going on and on about Brexit, as once we leave we have left for good, as to rejoin you have to join the single currency and all kinds of measures Britain would never ever except.
The best thing Britain could do is just get on with it, and try and make a dree trade deal with the EU, which would maintain their vast trade surpluses, whilst still maintaining cordial relations in terms of areas such as defence, security, citizens rights and other policy.
We would also need to establish new trade deals and examine new opportunities in relation to Britain's future trading, something which leaving the EU will allow us to do.
UK Trade with the EU.
Last edited by Brave New World; 11-30-2018 at 05:47 AM..
We don't get a sweet deal with the EU to start with.
Even after our rebate and EU money spent on UK projects we pay £8.7 Billion to sustain a massive trade deficit with the EU and we end up helping defend Europe.
We have a tiny trade surplus with Denmark, Luxembourg and Sweden, however the only notable trade surplus we have is with Ireland, which is for obvious reasons.
Theresa May doesn't have to hold a General Election until 2022, and there is no prospect of another vote, sop that leaves two options the first is securing a deal and the second is reverting to WTO rules.
The idea that there is only May's way or the highway is nonsense.
There is also a Norway type deal which a number of her cabinet members seem to be in favor of lately and there is also staying in the EU.
FYI - WTO covers merchandise trade only. Not services. 80% of UK's economy is services -- banking, transportation, etc. The constant harping on how WTO rules will work just fine ignores that over three fourths of the economy has nothing to do with trading goods.
Also, the idea that the UK will continue to be as huge a customer for EU goods and services is likely unrealistic. With bankers and manufacturers as well as plumbers and nurses leaving for the EU, with the pound dropping in value, ...
This lists some interesting data. https://fullfact.org/europe/uk-eu-trade/ Using 2017 data, if you look at EU trade with other countries, treating all countries including the UK as separate countries, then Germany, France, and the US are higher on the percentage of exports list. Only 7% of EU exports are to the UK. This percentage is likely to decrease for the above mentioned reasons.
The sweet deal is frictionless trade, no tariffs, customs union, etc. If UK citizens don't want to pay for it, fine and dandy. But hard to imagine why the EU would just give it to them for free just because they buy 7% or less of EU goods and services.
It's no skin off my nose what the UK ends up doing. Their country. Their business.
But it is disingenuous to argue that UK citizens will be better off financially. Government economists, think-tank economists, the Economist's economist, ... are clear that there will be financial repercussion from Brexit.
It may well be worth the price, but don't fool yourself over the cost.
Last edited by GotHereQuickAsICould; 11-30-2018 at 07:21 AM..
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