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If we vote for Brexit what happens

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Comments

  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Kohoutek wrote: »
    WTO with the EU, the option which would cause the most damage to the economy, is the least likely outcome, not the most likely.

    I'm consoled by the fact that, as far as I know, forum members won't be negotiating a trade deal with the EU. WTO terms are the worst case scenario for both sides and would be evidence of a complete and utter failure of negotiation.
  • Rinoa
    Rinoa Posts: 2,701 Forumite
    wotsthat wrote: »
    To be fair any price is going to be too high for some.

    Pragmatism will rule. I really don't see why we can't do a quick and dirty deal with the EU. Free movement is their red line - just concede to it.

    With that deal in the bag we can wait to see just how sunny the post Brexit uplands really are. If it turns out there's a queue of countries who were just waiting for the UK to leave the EU before ramping up trade we can negotiate a better deal at a later date.

    Satisfying the whims of 27 other countries will prove too problematic. There's a reason why the EU does so few trade deals, they can't satisfy every countries demands.
    If I don't reply to your post,
    you're probably on my ignore list.
  • Rinoa
    Rinoa Posts: 2,701 Forumite
    Kohoutek wrote: »
    WTO with the EU, the option which would cause the most damage to the economy, is the least likely outcome, not the most likely.

    Most other countries manage it just fine. Why can't we?
    If I don't reply to your post,
    you're probably on my ignore list.
  • Rinoa
    Rinoa Posts: 2,701 Forumite
    Kohoutek wrote: »
    How about the price that China / the US / India would extract for a trade agreement which gives us access to their economies equivalent to what we have with the EU. Is that worth paying in your book? Or do you just expect them to give us that for nothing?

    I doubt they'll want £10Bn up front every year and there's no political union involved.
    If I don't reply to your post,
    you're probably on my ignore list.
  • Rinoa
    Rinoa Posts: 2,701 Forumite
    BobQ wrote: »
    Without knowing te price you cannot possibly know,

    Just looking at the absence of EU trade deals suggests the price will be too heavy. We can see what they offer, but realistically the omens are not good.
    If I don't reply to your post,
    you're probably on my ignore list.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Rinoa wrote: »
    Satisfying the whims of 27 other countries will prove too problematic. There's a reason why the EU does so few trade deals, they can't satisfy every countries demands.

    Too much protectionism involved of own industries. Lobbying buys political votes. Italy springs to mind.
  • Kohoutek
    Kohoutek Posts: 2,861 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Rinoa wrote: »
    Just looking at the absence of EU trade deals

    50 not enough for you?
  • BobQ
    BobQ Posts: 11,181 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Combo Breaker
    Rinoa wrote: »
    Just looking at the absence of EU trade deals suggests the price will be too heavy. We can see what they offer, but realistically the omens are not good.

    The EU does have trade deals and others in negotiation but then you know that. The UK currently has no trade deals. So question stands.
    Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.
  • posh*spice
    posh*spice Posts: 1,398 Forumite
    Rinoa wrote: »
    Looking into this a little further and Barrier is only in charge of extricating the UK from the EU. The task of negotiating the UK's post Brexit relationship with the EU has already been appointed by the EU council.

    http://www.theguardian.com/politics/2016/jun/26/belgian-diplomat-to-head-eus-brexit-taskforce

    The European parliament have no power! It's all in the hand of the (unelected) commissioners.
    Turn your face to the sun and the shadows fall behind you.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    BobQ wrote: »
    The EU does have trade deals and others in negotiation but then you know that. The UK currently has no trade deals. So question stands.

    one of the truely awesomely silly posts
This discussion has been closed.
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