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What now? EU
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Having read as much as possible about all this I'm still not sure if Camerons action was good or bad ..... time will tell i suppose!0
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Something I have never quite understood is the term "our European Partners", surely in many cases they are "our European competition.0
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Nothing wrong with free trade and if the EU negoiate for it we are in but we avoid hurting the financial sector (9% GDP), and have less red tape to compete with. It has not been reported well but exports are up despite us not being in toy town err Euro0
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There are only two outcomes now. Either the EU project fails, or they pull it off and it becomes a new super power. Cameron has ensured we will have no input into either.0
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Nothing wrong with free trade
What the Europeans have realised is that free trade can't be made to work for everybody without a level playing field. Which is why, if the UK quits the EU, they aren't going to do any deals for free trade without harmonisation.It has not been reported well but exports are up despite us not being in toy town err Euro"It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0 -
ruggedtoast wrote: »There are only two outcomes now. Either the EU project fails, or they pull it off and it becomes a new super power. Cameron has ensured we will have no input into either.
strange
only two outcomes
failure
or super power
think about it; lots of alternatives in a matrix of possibilities0 -
pqrdef is right, whatever treaty is pulled out of the bag it'll work as ineffectively as the last one. What germans think of as rules, Greeks and Italians see as guidelines :-) Making the targets harder, just make the "rules of thumb" less likely to be adhered to. In another year one of the PIIGS will have breached the new treaty and we'll be starting this drama all over again.0
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perhaps they will be fined - thereby adding to their defecit!0
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