Quote:
Originally Posted by Ignitionnet
Seen that quoted a few times. The sub-title alone should indicate it's dicey.
Our goods exports were impacted in no small part by that we were transitioning to a services based economy. Our de-industrialisation is a policy started by Thatcher and continued by every government since, accelerated by Blair, nothing to do with the EU.
http://www.eureferendum.com/blogview.aspx?blogno=85905 is worth a look.
Regardless, though, we are where we are. Leaving something is far more damaging than never being in it and it will cost us profoundly if we can't get a deal.
It won't be the end of the world but we'll recover considerably more slowly after the upcoming recession if we can't get it sorted.
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The BoE did not say there 'Would Be' a recession. He will cause it if there is by lowering interest rates.
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Quote:
Originally Posted by Anypermitedroute
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In what way? We had nothing to build views on, it was only a trading area when we joined. Our views are only based on when the EU became a Political Union which contrary to popular belief was a lot earlier than the mid 90s.