Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Is the collapse of the EU now the best bet for the UK

245

Comments

  • Herzlos
    Herzlos Posts: 15,918 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    The best outcome is that if the EU breaks up and we get back in on the ground with whatever replacement organization is formed. Otherwise we're pretty badly shafted.
  • DRFC1879
    DRFC1879 Posts: 101 Forumite
    edited 30 June 2016 at 1:09PM
    The overbearing theme of EU economic policy (at least pre-crash before the bullying of Greece) was a system of enabling all ships to rise, bringing Spain, Italy et al up to a more level playing field so they could increase trade with the bloc.


    If the whole thing comes tumbling down I would predict the medium-long term effect of UK, Germany & France becoming major powers to the detriment of the others. Ok for our economy in that regard but very, very bad for culture and harmony paving the way for even more right-wing extremism across the continent and even the potential for conflict after an unprecedented period of peace. Not scaremongering, just hypothesising.


    EDIT: I clicked to vote that it will benefit the UK economy. But at what prce and is it worth it?
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    What a mental thread. Who wishes their biggest customers would go bust?
  • HornetSaver
    HornetSaver Posts: 3,732 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Combo Breaker
    Yes, it is. As a result of the Leave vote, the Benelux countries now have more influence over our economic future than they ever did (they can, and will, use their internal clout to make the case for putting EU stability ahead of pragmatic negotiation with Britain, an argument that Eastern Europe and France will find compelling).

    Spain has more sway over the prospect of Scottish independence than the British government ever did (they can, and will, veto Scottish membership of the EU regardless of how enthusiastic the other 26 members might be).
  • mrginge
    mrginge Posts: 4,843 Forumite
    impact on them of a brexit is less than the impact on us - they have the bargaining chips (which is why it was pretty f'ing stupid to leave)

    Plus they have additional vested interest in making it painful for us so as to prevent others leaving (which is another reason it was f'ing stupid to vote leave and then negotiate from outside rather than drive change from within)

    as another poster recently said

    idiots

    Do you not believe in political compromise so that parties can achieve a mutually beneficial position?
  • mrginge
    mrginge Posts: 4,843 Forumite
    wotsthat wrote: »
    What a mental thread. Who wishes their biggest customers would go bust?

    The EU do apparently. According to some rampant remainers....
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    you get rich by helpingh your neighbours be rich as they buy stuff from you. a collapse of the EZ would impact the EU economies and therefore our own


    Like the Germans did? The only way some of the EZ economies are going to grow is by leaving and going back to old currency.
  • mrginge wrote: »
    Do you not believe in political compromise so that parties can achieve a mutually beneficial position?

    I do, that's why I voted remain.
  • Takedap
    Takedap Posts: 808 Forumite
    Tenth Anniversary 500 Posts Name Dropper
    wotsthat wrote: »
    What a mental thread. Who wishes their biggest customers would go bust?

    I think it became (even more) clear after hearing the braying, taunting post vote speech that Farage & UKIP's ultimate aim was never to get the UK out of the EU.

    It was always the try to break up the whole institution. And that makes him a very dangerous individual.

    We've voted for his so-called independence, now can he please shut up & leave. He has no purpose left.
  • TrickyTree83
    TrickyTree83 Posts: 3,930 Forumite
    Yes, it is. As a result of the Leave vote, the Benelux countries now have more influence over our economic future than they ever did (they can, and will, use their internal clout to make the case for putting EU stability ahead of pragmatic negotiation with Britain, an argument that Eastern Europe and France will find compelling).

    Spain has more sway over the prospect of Scottish independence than the British government ever did (they can, and will, veto Scottish membership of the EU regardless of how enthusiastic the other 26 members might be).

    All of that there is a damning example of why the EU as a political project does not work.

    What's bad for one country is automatically bad for all.

    Netherlands trades heavily with the UK, as do France and Germany. All 3 are top 5 contributors to the EU budget - the majority of the rest are net beneficiaries. If countries like these wish to see a reasonable trade arrangement with the UK that is then voted down by net beneficiaries at the expense of the taxpayers in those 3 countries they will have an internal crisis on their hands.

    By spiting the UK, they will also spite themselves and cause the whole thing to come crashing down. The Finnish said as much on TV last night. Stopping contagion would be showing they're willing to change and willing to work with countries like the UK and not have Bulgarian fridge magnet makers cause one country to veto the interests of the other 26 members. That situation cannot continue.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.4K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.