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Originally Posted by Big Brian
I think the risks are higher staying in given the state of the Euro economy. The Euro WILL collapse eventually and they can't keep throwing cash at Greece forever, can they? This is more likely to trigger a global meltdown rather than leaving.
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Our economy is not directly linked to the Euro (which is one of the few good decisions Normal Lamont made as chancellor). Problems in the Euro zone may still affect our economy, but they are just as likely to if we leave. As a result, our government may still have to help bail out Eurozone economies, purely to stop them causing problems in our.
Remember, the last recession was caused by problems in the US Economy. You are right in one way, this may or may not happen regardless of whether we are in Europe or not, leaving may also add to the problems.. It all depends on what deals we can negotiate when the existing ones expire.
Regarding the employment of foreign immigrants. First, I find it interesting that many of the companies who are arguing we need to leave Europe are happy to employ foreign immigrants. While I understand they do sometimes have trouble filling jobs with non-immigrants, they often don't have to employ immigrants. They often choose to. They can choose not to, but would prefer to pay less.
---------- Post added at 14:49 ---------- Previous post was at 14:44 ----------
Quote:
Originally Posted by pip08456
In what way do you expect that Carl?
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Because we still have to negotiate with other countries, regardless of whether we are in the EU or not. There will be a price for what we want. That price may well be a change in our law, or it may be something that directly affects our citizens. This is the basis of negotiation. You offer the other person something, they offer you something and you hope the price is not too high.