What will Britain look like in 2019 after leaving the EU ?

spacey2012

Will we exist by 2017 ? and will our parliament have the power to leave ?

Thrugelmir

monalia wrote: »

Fast forward to 2015.

Despite a further loss in Foreign Direct Investment and manufacturing jobs, the British economy has risen out of the third dip helped by growth in the financial sector.

Didn't read any futher. Financial servies are contracting not expanding. Growth will need to come from elsewhere.

CLAPTON

kbrumann wrote: »

When was that, Clapton? I have a different interpretation: British trade has been based on exploiting exclusive trading rights with British colonies. The colonies had to trade their resources exclusively with Britain and Britain would than trade those resources with other countries. The terms of this trade were very profitable for Britain and made the country a very wealthy global power. It lasted until the Americans forced its former master to give up its exclusive trading rights with its colonies in exchange for a helping hand during the war.

In the decades after the war and until PM Thatcher took the UK into the Common Market the country was known for inefficiencies, trade barriers, currency restrictions etc.

Conclusion: Britain has never had a tradition of free trade, quite the opposite!

Britain invented the theoretical justification for free trade.
It might well be that we bent the rules a little when we had the power.
This of course prepared us for the high tariff EU.
Now I feel we have come of age and are ready to come out once free of EU protectionism.

Catapa

Thrugelmir wrote: »

Didn't read any further. Financial services are contracting not expanding. Growth will need to come from elsewhere.

@Thrugelmir - how do you know how financial services will do in 2017 after exiting the EU?

Moby

CLAPTON wrote: »

The UK has a long tradition of free trade there is no reason to see this being reversed.

It is the EU that has created huge tariff barriers, created food mountains, caused a great deal of poverty in the third world by taxes on their food imports and caused shocking environmental damage.

The UK will now be free to create low tariff barriers with the rest of the world.

Spain will introduce huge incentives for UK people to come buy homes there and to go there on holiday in the face of 50-60 % unemployment.

Germany will slash prices of its products as it entered the fifth consecutive year of recession with special get two for one BMW offers.

The UK housing market will enter a golden age of affordable high quality homes that even young people can afford.

The Uk balance of payments will be positive for the first time since the war.

The reduction in unemployment and growth in export means the budget deficit is history and the national debt is falling rapidly.

How long will it take for the penny to drop. If we pull out the French and Germans will see to it that we do not trade 'freely' with them. As for the rest of the world I prefer the point made by the Americans...they prefer us fighting from the inside. The indians, Chinese, Brazilians etc will want to negotiate large deals with large trading blocks. They will have little interest in us on our own....believe me! We will be sidelined!

CLAPTON

Moby wrote: »

How long will it take for the penny to drop. If we pull out the French and Germans will see to it that we do not trade 'freely' with them. As for the rest of the world I prefer the point made by the Americans...they prefer us fighting from the inside. The indians, Chinese, Brazilians etc will want to negotiate large deals with large trading blocks. They will have little interest in us on our own....believe me! We will be sidelined!

I am surprised you are certain that Germany will give up exporting to one of it's major customers just out of spite but you clearly have insider information that I lack. Maybe the Germany workers who will be made redundant will express their view at the ballot box.

I wish to remain in the EU free trade area but not at any price. You may well celebrate 30 years of rediculous CAP and fishing policies, the absurd and near criminal directives on bio fuels, the pointless costs of the carbon initiatives etc etc. but I don't.

As far as American, China, India etc are concerned I suggest you distinguish between their governments wishes and their businesses who are concerned with profitable trade.


Why do you want to be in a block that you consider to be so spiteful and vindictive?

And you may wish to note that China seems very willing to trade with numerous small Afrtican and developing countries when it suits their economic interests.


The fact that USA wishes for one single European view of 27 nations is something to regret and not celebrate. (and hint; it's very very very unlikely that the view of the 27 will be anywhere near the UK's)

Wookster

The very fact that France and Belgium are flat out refusing to negotiate is simply an indication that they want to drag everyone down to their level rather than raise their game to stay competitive.

GeorgeHowell

Wookster wrote: »

The very fact that France and Belgium are flat out refusing to negotiate is simply an indication that they want to drag everyone down to their level rather than raise their game to stay competitive.

Correct, but ultimately everyone will do what Germany says. It will be good practice for them all for when the superstate finally gets formed.

Niv

Couldnt we focus on the commonwealth?

Catapa

@Niv Being part of the EU (or the Euro-Zone) doesn't prevent anyone to trade with the United Commonwealth. Germany exports twice as much to India (the most populous UC member) than the UK.