To the rest of the world it's shocking and infuriating to witness. You see a nation that will be more competitive, we see a nation in freefall collapse. Even here in the USA, we are not on board with this. Our banks are pulling out of London as we speak.
No banks, no pound, no stability.. no leverage. To the rest of the world from now on, British interests come last.
With regard to the rules: you would still have to comply to most of these rules to be part of the single market (which most leave proponents want to be). Studies from WTO and IMF have shown that not going that route (eg trading under WTO rules) would impact UK severely (up to 9% of the GPD). See for example https://www.imf.org/external/np/ms/2016/051316.htm
Will you still call it "British" if Scotland decides to leave the UK in favor of the EU?
Isn't there even worse luck for the UK should they want to sell something to the EU which doesn't meet EU standards, and France objects to the change? And won't British manufacturers who have both a domestic and mainland market have the overhead of following two sets of standards? I guess it's tough luck for them.
> scares the hell out of them!
Sitting here in Sweden, I have a feeling more of confusion than being scared. The longer the UK drags its heels on leaving, the more it feels like the UK just want to be the special snowflake in the center of everyone's attention.
We wouldn't mind Scotland joining the Nordic countries either. See http://satwcomic.com/part-of-the-gang and http://satwcomic.com/new-nordic for a comic view.
Wishful thinking or do you have any source for this?
> The UK is simply in a better position than the EU. Now more than ever > Once all the smoke clears. Britian has a real chance to be more competitive than France or Germany and that scares the hell out of them!
I really like to live in that fantasy world
> Once all the smoke clears. Britian has a real chance to be
> more competitive than France or Germany and that scares the
> hell out of them!
To be competetive UK will need favourable trade terms. And that will cost dearly with a side benefit that UK won't have any say in EU matters.
I beg to differ.
The Eurocrats in Brussels who are unelected. Wanted Britian out immediately after the result.
Merkel, on the other hand. Had the Car manufacturers on the phone screaming at her about the result. For them, the UK is 25% of their export market. I am sure other German manufacturers are not too happy with the result either.
The UK is simply in a better position than the EU. Now more than ever.
Think about all those directives the EU placed on the UK. Now they can be all changed.
Think about agriculture, fishing, energy, etc. Everything that HAD to be negotiated as an EU entity. That only things could have been pushed through the EU parliment is if all EU states agreed. That no other country had been penalised!
Now, British interests come first. If the UK wants to do something and France or another country doesn't like it. Now it's tough luck.
Now many times has France Veto'd something that Britian wanted before, because her interests were marginalised or a sector under threat?
This is what people simply just don't understand.
Once all the smoke clears. Britian has a real chance to be more competitive than France or Germany and that scares the hell out of them!