Quote:
Originally Posted by Damien
I think the idea that what happens to the markets doesn't impact on real people will be challenged in the coming year(s) and if so it is going to get nasty.
---------- Post added at 07:46 ---------- Previous post was at 07:40 ----------
I have never wanted to be so wrong in my life but I can't see the EU giving us the deal we need. I think people will lose homes, jobs and savings,
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On The News this morning: Netherlands want a referendum. Lepen in France has called for a referendum. Denmark and Italy are looking for a referendum. The Germans want to trade with us as normal. The EU as we have been saying all along is a dying swan and will inevitably break up into Sovereign Democratic States.
This is what is happening and any Companies or Jobs that decide to move to Europe will end up the same as they are here. It is my belief they will now hold off to see what happens in the rest of Europe regarding referenda and the results thereof. It would not be in the interests of the banks to relocate in the present climate.
As of today, nothing has changed. We are still in the EU until Article 50 is invoked and negotiations are complete.
Though the Germans are disappointed at our leaving they still want to trade and I believe that other countries will follow suit.
In the event of others leaving the EU, I don't see trade being a problems or in fact, getting a good deal from the remaining EU countries.
Of course, this is going to take time but I believe the UK and the others who decide to leave the sinking ship will benefit from this. All we have done is knock the first brick out of the wall of a derelict building which, like all derelict buildings must be demolished.