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If we vote for Brexit what happens

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Comments

  • sheffield_lad
    sheffield_lad Posts: 1,990 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Seriously?

    As for a broker, why?

    Why not? Currently we have both sides talking tough which is having an effect on business and the £.

    The current stance is no negotiation until article 50 which is expected March 2017.

    The IMF remit is world trade/growth, the current standoff is doing nothing for the EU or the UK.

    Maybe the broker could be from within the IMF and not necessarily Laguarde. Talks could start well before then and set out a framework for next year. It also keeps the advantage with the UK (remember post article 50 we have none), and any brokered deal by the IMF would look to keep the UK within the single market.
  • Why not? Currently we have both sides talking tough which is having an effect on business and the £.

    The current stance is no negotiation until article 50 which is expected March 2017.

    The IMF remit is world trade/growth, the current standoff is doing nothing for the EU or the UK.

    Maybe the broker could be from within the IMF and not necessarily Laguarde. Talks could start well before then and set out a framework for next year. It also keeps the advantage with the UK (remember post article 50 we have none), and any brokered deal by the IMF would look to keep the UK within the single market.
    Please explain what advantage?

    Because let us be quite honest; the UK has never, ever held an advantageous position within the EU since entry.
    At best the UK has been one of the largest "cash cows" for the EU, and a balance for the domineering German federalism and French statism.
    The UK has, in truth, never been seen by other Europeans as being truly European; our not accepting the Euro as our currency and our declining Schengen did not help.
    Read the link below from 2012 for a few views of the UK's position then.
    http://www.bbc.co.uk/news/world-europe-20412306

    Unless something "gives" before Theresa May invokes Article50 (which is unlikely), those in power within the EU will do all they can to prevent the possibility of others following suit - which in turn plays into the arms of those already disillusioned with the EU.

    So we do not have - and never have had - any "advantage" where the EU is concerned.
    The "no negotiation" stance is not the UK's.
  • sheffield_lad
    sheffield_lad Posts: 1,990 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Please explain what advantage?

    I was not referring to any advantage EU wise currently lol, I am with you on that.

    No, what I mean is currently the UK gov decides when to invoke article 50 and has no time limit in which to get a move on (this is the advantage I was referring to), a sort of ball in our court situation. When article 50 is triggered we lose the control. We negotiate or walk away but either way by 2yrs time we are out of the EU.

    However if the IMF brokers early talks we are then not in any time frame and can choose to invoke article 50 when we know a good deal for the UK is close.

    If we just wait for article 50 we are defiantly at a disadvantage that's why it was written!
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Rinoa wrote: »
    Even if we trade on WTO terms that's an average tariff of 4%. It's peanuts. Not going to make much difference to EU trade.

    Listening to the CEO of Tate & Lyle the other day. He said EU tariffs are set on the country of origin. As a consequence T&L pay 100% on all raw sugar cane imported in the UK from Jamaica for processing. Out if the EU the UK scan set a lower rate. Thereby boosting the competitiveness of UK sugar production. Far from clear cut what the outcome will be across the piste. .
  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    setmefree2 wrote: »
    Mayonnaise won't like this post.

    We have Friends!http://www.bbc.co.uk/news/business-37594928

    Wow, who needs friends like Donald Trump, oh wait he dislikes foreigners so he has a lot in common with the present UK Government.
    There will be no Brexit dividend for Britain.
  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    Please explain what advantage?

    Because let us be quite honest; the UK has never, ever held an advantageous position within the EU since entry.
    At best the UK has been one of the largest "cash cows" for the EU, and a balance for the domineering German federalism and French statism.
    The UK has, in truth, never been seen by other Europeans as being truly European; our not accepting the Euro as our currency and our declining Schengen did not help.
    Read the link below from 2012 for a few views of the UK's position then.
    http://www.bbc.co.uk/news/world-europe-20412306

    Unless something "gives" before Theresa May invokes Article50 (which is unlikely), those in power within the EU will do all they can to prevent the possibility of others following suit - which in turn plays into the arms of those already disillusioned with the EU.

    So we do not have - and never have had - any "advantage" where the EU is concerned.
    The "no negotiation" stance is not the UK's.

    Quite right.
    The U.K. Was never an enthusiastic member of the EU rather a reluctant one. After Mrs Thatchers deal little Britain had the best deal of all 28 members.
    Of course "those in power" will try to get the best deal that is to the advantage of the EU.
    There will be no Brexit dividend for Britain.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    gfplux wrote: »
    Of course "those in power" will try to get the best deal that is to the advantage of the EU.

    Those in power might not be so for the next decade though. Major elections next year.
  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    I was not referring to any advantage EU wise currently lol, I am with you on that.

    No, what I mean is currently the UK gov decides when to invoke article 50 and has no time limit in which to get a move on (this is the advantage I was referring to), a sort of ball in our court situation. When article 50 is triggered we lose the control. We negotiate or walk away but either way by 2yrs time we are out of the EU.

    However if the IMF brokers early talks we are then not in any time frame and can choose to invoke article 50 when we know a good deal for the UK is close.

    If we just wait for article 50 we are defiantly at a disadvantage that's why it was written!

    You are right. As soon as little Britain pulls the trigger the advantage will be with the EU.
    However against that all the uncertanty is damaging both sides but in my opinion there is more damage being done to the UK. Everyday in boardrooms around the world decisions are being taken that are ultimately to the detriment of Britain.
    There will be no Brexit dividend for Britain.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    gfplux wrote: »
    You are right. As soon as little Britain pulls the trigger the advantage will be with the EU.

    I'm sure that there are plenty of global suppliers that would happily fill the void. The UK spends far more than it sells. The EU would be foolish to c**p on it's doorstep. Given the underlying mood that's surfacing.
  • HornetSaver
    HornetSaver Posts: 3,732 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Combo Breaker
    Just a side thought. Bremainer?

    Is it okay if I start calling leavers Bracists, purely because that's a more derogatory term?

    Or should we stick to Remainers and Leavers (Brexiteers if you prefer)? Either way's fine with me.
This discussion has been closed.
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