Brexit, the economy and house prices (Part 3)

ukcarper

always_sunny wrote: »

The UK was a big part of the EU economy but with Brexit it may not longer be and that is fine, the EU has acknowledged that and it's ready to face the consequences.

The biggest EU importer in the UK is Germany with 15%, the Netherlands 7.3% then France 6.2%. This does not mean that 15% of German exports come here, in Europe Germany's biggest market is France 8.2% then the UK 7.6%.

The UK may still be a big economy but it will not be part of the EU. The UK cannot be half in and half out and expect things will be the same as before. The EU integrity is a bigger market than the UK.

Who in the EU has acknowledged that, I'm sure Germany will not be happy losing 7.6% of its exports.

Herzlos

A wto "no" deal won't drop exports to 0.

cogito

Meanwhile, in Ireland.

https://www.irishtimes.com/opinion/why-ireland-should-seriously-consider-irexit-1.3202154

cogito

A_Medium_Size_Jock wrote: »

Especially when senior Eurocrats maintain their stance of immovable implacability:

https://translate.google.co.uk/translate?hl=en&sl=it&u=http://retenews24.it/eu-wont-give-a-millimetre-on-brexit-tajani-2/&prev=search
(Widely reported.)

That is not negotiating, it is an uncompromising demand.

I do wonder why we bother trekking across to Brussels to not have negotiations with these clowns.

For 40 years, they've been accustomed to getting their own way that they are totally out of their depth when someone stands up to them.

Thrugelmir

ukcarper wrote: »

Who in the EU has acknowledged that, I'm sure Germany will not be happy losing 7.6% of its exports.

Germany won't lose 7.6% of it's exports.

Thrugelmir

Herzlos wrote: »

A wto "no" deal won't drop exports to 0.

Will it profitability though for companies such as BMW.

kabayiri

cogito wrote: »

Meanwhile, in Ireland.

https://www.irishtimes.com/opinion/why-ireland-should-seriously-consider-irexit-1.3202154

The author of the piece has a point though.

Why should the EU core place any sort of priority on Eire?

That's the risk with being one of the nations on the periphery. It's very easy to be marginalised for the greater goals.

I wonder if there are EU planners crunching the numbers regards the loss of Eire from the EU fold?

Thrugelmir

AFF8879 wrote: »

An MD at the bank I work for mentioned the biggest draw to London for the Chinese is the food....I guess if you already have all the money in the world then why not focus more on life's simpler pleasures...

There's more "middle class" people in the East than the West. Wealth is shifting.

Thrugelmir

kabayiri wrote: »

The author of the piece has a point though.

Why should the EU core place any sort of priority on Eire?

That's the risk with being one of the nations on the periphery. It's very easy to be marginalised for the greater goals.

I wonder if there are EU planners crunching the numbers regards the loss of Eire from the EU fold?

The issue of Apple's Corporation tax liability still lingers in the background. Could be a crunch issue in the context of the future direction of the Eurozone. Where fiscal integration may well be a core policy.

always_sunny

cogito wrote: »

I do wonder why we bother trekking across to Brussels to not have negotiations with these clowns.

For 40 years, they've been accustomed to getting their own way that they are totally out of their depth when someone stands up to them.

See how you go with negotiations elsewhere, it's a free world.