Re: Oh wonderful
Not the . A closer one would be someone goes to a casino and bets 5% of what they own on red or black. There is a risk but if you loose, it's not the end of the world...
The permanent economic stability of a country is not a 5% no harm no foul bet ffs.
Everyone said the economy would crash as soon as we voted for Brexit - it hasn't - record highs in the FTSE, outstanding economic growth
I'm moving to a country thats pegged with the dollar and I have seen a goodly amount of my savings and wages wiped because of this, now thats individual, but it reflects on the worth of our pound when we want to purchase. Also it may not help export which is what I am always told, because we need to buy raw materials in etc and guess what? They now effectively cost more.
As other posters have said share prices have dropped, and companies are getting bought up and the profits not coming back into the UK either, a weak pound isn't that great.
All we know right now is we will not be paying the EU billions net each year anymore. We might stand to gain massively from trade deals. We might stand to loose from the EU depending on what is agreed. But we don't know.
We might, we might, we might, dunno maybe it's just me but somehow I think maybe knowing what would happen or at least having a pretty damn good idea is the way to make a major descision. Basing it on some jingoistic ideas and hope is not.
What we do know is we are out for sure - once the article is invoked it's not reversible. We also know other countries are queuing up to do trade deals. Hello for instance the 52 nations / 2.3 billion people . 15 trillion GDP of the Commonwealth. Ditto, Canada, the US, India, Australia. Who mostly have forgiven us for forcing "civilisation" on them.
You mean we were not trading with Canada, the US etc before? Gosh we missed a trick there.
Or do you mean now we are out of the EU suddenly the need for British goods is going to rise for some reason, if so can you tell me what? There's only so much jam you can sell.
Do you think for example we would have more clout than the EU, for example if TTIP was happening do you think the Eu could have refused it, do you think Britain on it's own would have been able to?
We can look at our status as a global financial centre - and the regulatory advantages that not being in the EU might bring. And the ability to adjust our tax rates for corporates...
Yeah tax cuts for large corporations work so well for the common man. Suppose we can cut some things though, NHS, roads, education etc. Banking especially unregulated banking has done us all so fine in the past few years.
We can also look at similar countries that are not in the EU like say Norway and Switzerland.
The sheer ignorance of that statement and lack of understanding about the single market membership....