Europe, Referendum & Brexit (formerly Europe..IN or OUT??)

The process of watering down Brexit has truly begun. I think most people's expectation now is that no true Brexit will ever happen.

(24-07-2016 11:07 )paulnick Wrote:  Plans to allow the United Kingdom an exemption from EU rules on freedom of movement for up to seven years while retaining access to the single market are being considered in European capitals as part of a potential deal on Brexit.

Some Conservative MPs have already reacted with fury to this proposed compromise and demanded a full and proper Brexit.

Of course it's brexit, the woman cannot be any clearer on the subject, this is to smooth things over and make it less painfull than it needs.

Queue a few weeks ago, leaving the EU can be a good thing and better for Britian depending on what the rest of the EU do, seems they are taking the less painfull route. Could even be the begining of the end for the EU.

Even if the worst were to happen, the UK instead of being the 5th richest country in the world might have to slum it at being the 10 richest in the world.

Brexit as described by the Brexiteers isn't going to happen - and the Leave voters aren't going to be happy.

Who gives a fuck what the great unwashed think they will never vote tory in a general election anyway

why not each week give us our £7 back and we can decide if we piss it up the wall or put it to savings

Why save it interest rates already close to 0% will have to be reduced because of brexit we might have to pay banks to keep our money

(25-07-2016 14:49 )wackawoo Wrote:  Even if the worst were to happen, the UK instead of being the 5th richest country in the world might have to slum it at being the 10 richest in the world.

That would be a 45% reduction in GDP.

And you don't think that would be a problem?

(25-07-2016 22:10 )The Silent Majority Wrote:  And you don't think that would be a problem?

Being the 10th richest country in the entire world? if you lived in the 170th richest country in the world, no Living in the richest, yes, but like a friend said to me (an imigrant) people in Britian think it's a problem having a 42 inch TV rather than a 52 inch.

Everything is relative.

There's also plenty of scope to raise taxes; but how many of the super rich would want to pay 55% on their £150,000 rather than 45/50?

(25-07-2016 23:35 )wackawoo Wrote:  Everything is relative.

Exactly. The UK might be the 5th largest now, but that also means it has 'running costs' to match.

You couldn't counter 45% reduction in GDP with a bit of 'belt tightening', it would be Armageddon. End of.

Go and do some research, ffs.