Off Topic EU deabte. Which way are you voting ?

Whats this about Wee kranky saying she will veto any attempt to leave the EU, I guess she is full of ****

 

Control.

 

This has already been covered, most of the big markets want to trade with trading blocs. The US and Asian markets do deals with the EU primarily. the US govt have reiterated their stance that the 'UK will be at the back of the queue when it comes to making deals' We have just made it more difficult to trade with the rest of the world, not easier.

 

To be clear, nothing happens until parliament activates article 50. Until then everything remains the same. It's why Cameron has resigned and basically given Boris 'a hospital pass' as his goodbye present. Activating the article. As has been said, could be political suicide, so it remains to be seen who picks up the poison chalice.

As to the banks, there's little doubt that some of their operations will leave the UK. How much damage is done will depend on what agreements can be reached with the EU to allow them to market financial products in the EU.

As I've said, it's uncertainty and they don't like that at all! Plus, as Frankfurt has long coveted London's dominance of the financial markets, it will be interesting to see the German reaction to a request to continue marketing from outside the EU - I.e. London!....

Another consequence of this idiotic decision, unfortunately. They've only just started piling up!...

 

Actually even when article 50 is invoked nothing will change. During the two years negotiation period everything will stay as it is. It is only after the two year period and a new deal coming into place, or no deal being done and both sides deciding not to continue negotiations, that anything will change.

 

Specifics please ?

 

So what do we have ??
USA banks moving X% of whatever they currently have in the UK, into the EU in order to trade in EU markets.

 

You think or you hope?

Hope is probably more accurate as none of us know what the EU will agree to.

What we do know is that if it doesn't happen the economy is ****ed so instead of living in a stable economy partly populated by the immigrants you dislike, you'll be living in a recession economy partly populated by the immigrants you dislike.

You think you voted to get the immigrants out, what you'll eventually realise is that you voted for a lie and you've gambled on people you didn't vote for somehow keeping the economy stable whilst trying to negotiate a plethora of new trade deals.

 

this is the face of the person who started a petition to overturn the referendum results smart is he not, his name is Tobes

 

Not at all, plenty of the world do trade deals outside of trading blocs and plenty of countries will look to do deals with the U.K.

The US from what I've read have reiterated the special relationship with the U.K.

We have made it far easier to do trade around the world in terms of efficiency of putting deals in place.

 

China and Russia also want a deal. so many counties want a deal, the EU will have to wait

 

The banks are taking action NOW to mitigate against what will happen when article 50 is invoked.

 

It'll depend, as I've said, RDBD. It really will all depend on how easy, or otherwise, the EU wants to make it for the banks to continue to market their products in the EU.

 

It's happening as the banks are gearing up for it and given the EU have basically told the UK to get on with it and **** off, it will be implemented sooner rather than later. Even if it takes two years instead of a year how does that make thousands of job cuts any less of a negative repercussion of Brexit?

 

Faster and more agile, at the very least. The EU is actually "design by committee" epitomised.

 

He voted Leave.

His petition was posted when he thought Leave were going to lose.

 

A bloke from the EU may have said get on with it, the people that matter in the EU are more keen to have a chat.

All you're doing is helping make my point, which was more meant about stock ,markets anyway.

 

Re the banks. We'd better all hope very seriously that the exit doesn't happen. It would cost he UK untold billions in revenue!....

 

The US have reiterated their stance that the UK will be at the back of the queue. We were already doing deals with the rest of the world by being part of a trading bloc which those foreign markets have stated that they have a preference for. We haven't made it easier at all, that is simply wishful thinking when the evidence points to the opposite being true.

 

Nothing will happen when article 50 is invoked, there will be no change at that point to our economic access to the EU. During the negotiating period, nothing changes in terms of access to the common market, freedom of movement etc... This protection is written into EU law, I believe as part of the Lisbon Treaty.