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Personally I think May has been watching this vid far too much; but seems rather apposite somehow, especially the "...there maybe trouble ahead...." bit. In fact looking at the full lyrics you would think it was written by a BREXITer!
I'll see your Fred and Rita, and raise an Edwin Hawkins Singers..............
English Dave you're delusional if you think we're in the driving seat.
Teresa is going to have to do some Moderator cut: Thou shalt not bypass the profanity filter sucking of her own, its inevitable with a 1 country, 65 million people, 5th economy vs 27 countries, 450 million people, 1st economy.
You think you are in the driving seat, but you are still driving on the wrong side of the road. It takes two to tango and Merkel has been been doing it a lot longer than May.
Yeah but Merkel's dance card is getting pretty full. French election with two candidates supporting changes to free movement one pledging a Frexit referendum. Matteo Renzi is begging for a bailout for Italy and banging the Deutschbundesbank drum. Turkey is also out there with Erdogan pushing towards entering the EU while systematically ignoring all requirements for entry. Then there's right wing riots against Islamic's in her own constituency.
I'm afraid Merkel really is approaching being underwater with what needs to be handled, and there are no clear plans for any of them.
English Dave you're delusional if you think we're in the driving seat.
Teresa is going to have to do some c?%k sucking of her own, its inevitable with a 1 country, 65 million people, 5th economy vs 27 countries, 450 million people, 1st economy.
Oh gawd....... here comes the London elite...........I thought you lot were still crying in your champagne glasses........... Most of the EU countries are takers not givers. Why should we worry about them? The important folks are the Germans and French. Mebbe the Italians to a certain extent. They have a lot of wine to flog.
They sell us far more than they buy from us. They can bleat all they want, but we're leaving. Remember right after the vote? All the threats being thrown at us? It's gone real quiet hasn't it, as they realise the enormity of what this means.
English Dave you're delusional if you think we're in the driving seat.
Teresa is going to have to do some Moderator cut: Thou shalt not bypass the profanity filter sucking of her own, its inevitable with a 1 country, 65 million people, 5th economy vs 27 countries, 450 million people, 1st economy.
The #1 world economy since the Brexit vote would be the US. The EU without the UK isn't the world's #1 economy. It's a very salient point, and often overlooked.
Further, what does numbers have to do with who has the power? 1,460 members of Parliament runs 65M more or less. So 65M pushing around 450M isn't beyond reason as long as the 65M have leverage over the 450M. Hell 320M push 7B around all the time because they have the leverage.
Right now European leverage isn't all its being made out to be.
English Dave you're delusional if you think we're in the driving seat.
Teresa is going to have to do some Moderator cut: Thou shalt not bypass the profanity filter sucking of her own, its inevitable with a 1 country, 65 million people, 5th economy vs 27 countries, 450 million people, 1st economy.
Negotiating a good working relationship and trading agreement are in the EU's own benefit.
The EU is either going to come to an agreement or tade using tariffs probably using WTO Rules, the UK already being a member of the WTO.
It's all very well people stating that you can still trade without an agreement, however the EU Imports £100 Billion Imports more to the UK than the UK Exports to Europe (the UK is the EU's biggest national trade surplus) and WTO Default Rules would mean substantial tariffs on many EU Goods, which would suddenly make US Australian, New Zealand, South African and South American Wines and Agricultural Produce look a lot more attractive to the British Consumer, whilst Japanese and American car makers and electronic companies would be rubbing their hands together at the prospect of selling more cars and other goods in the UK etc.
The UK would pay tariffs on goods and services it exported into the EU, but since the UK would pay ‘most favoured nation’ rates, that would prohibit either side imposing punitive duties and sparking a trade war.
These WTO tariffs range from 32 per cent on wine, to 4.1 per cent on liquefied natural gas, with items like cars (9.8 per cent) and wheat products (12.8 per cent) somewhere in between.
John Springford, an economist with the Centre for European Reform, the total cost of those tariffs would be large, ranging from a 2.2 per cent of GDP (£40 billion) to 9 per cent.
Business for Britain, which campaigns for exit, estimates that at worst, tariffs would cost British exporters just £7.4 billion a year and says the UK would save enough on EU membership fees to be able to compensate exporters for that.
Red....... Red....... you know this is a glorious day, and I know you know it is............ Elections next year in France and Germany? You think Angela Merkel is going to the German people, and saying, "I'm going to teach those Brits a lesson! High tariffs, and lots of jobs lost in Germany"........ I don't think so.
We're in the driving seat, and you know it............. cue the music..........
Don't expect much of anything positive or negative out of France or Germany in 2017. They'll commit to nothing controversial before the election, they may say all sorts of stuff to massage the base, but won't be on the hook for it from a legal perspective.
Meanwhile that Article 50 clock will continue to tick, and pressure will mount on the UK to make concessions in order to to get the unanimous agreement of all 27 to extend the two year time limit. Otherwise Kaput!
Forget the western Europeans, tell me what incentives you think the UK could offer the Poles and several other eastern EU counties to buy their vote?
The #1 world economy since the Brexit vote would be the US. The EU without the UK isn't the world's #1 economy. It's a very salient point, and often overlooked.
Further, what does numbers have to do with who has the power? 1,460 members of Parliament runs 65M more or less. So 65M pushing around 450M isn't beyond reason as long as the 65M have leverage over the 450M. Hell 320M push 7B around all the time because they have the leverage.
Right now European leverage isn't all its being made out to be.
The EU will lose 13% of it's population and maybe 20% of it's budget contribution in a planned way over two years. Tell me what's "salient" about that?
Stock prices can fluctuate by that amount unexpectedly, and in a matter of days. Large corporations can be bigger than small countries.
In terms of passporting of Financial Services, there are numerous ways around it and Moody's the Credit Agency stated the other day that the loss of passporting itself would be mangeable.
Negotiating a good working relationship and trading agreement are in the EU's own benefit.
The EU is either going to come to an agreement or tade using tariffs probably using WTO Rules, the UK already being a member of the WTO.
It's all very well people stating that you can still trade without an agreement, however the EU Imports £100 Billion Imports more to the UK than the UK Exports to Europe (the UK is the EU's biggest national trade surplus) and WTO Default Rules would mean substantial tariffs on many EU Goods, which would suddenly make US Australian, New Zealand, South African and South American Wines and Agricultural Produce look a lot more attractive to the British Consumer, whilst Japanese and American car makers and electronic companies would be rubbing their hands together at the prospect of selling more cars and other goods in the UK etc.
Sweet tap-dancing Jesus!
You say that WTO default rules would mean substantial tariffs on EU goods coming into the UK, and in support of that proposition you cite a Telegraph article that says the UK would enjoy MFN status. Do you even understand what you wrote? In a $16T economy $100B is a rounding error.
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