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Old 05-10-2016, 20:58   #1844
pip08456
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Re: Eurozone will collapse...

Quote:
Originally Posted by Ignitionnet View Post
The export thing has been done to death but repeating yet again they are over 40% of our exports, we are 10% of theirs.
You keep pressing this 40% 10% argument ad nauseum.

We export about £220 billion in goods and sercives to the other 27 EU member states but import about £290 billion from them.

You speak of the EU as a whole yet there are EU states that import more form us than they export to us.

Conversly there are those who export more to us and who is the biggest one? Surprise, surprise it's that powerhouse of Europe Germany. Try telling them that they'll only lose 10% of their exports if a deal isn't done. Spain, Belgium, France, Italy and Poland are only a little behind.

That is 6 member states that have a lot to lose and it's nowhere near 10% of their GDP. So yes, if they don't want to deal then hey-ho bye bye.

I presume you will accept a graph published by the ONT in 2015 as proof.

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