Quote:
Originally Posted by 1andrew1
OK, there's nothing in writing to say that but as the most powerful nation in the free world I argue that he leads it. I get that this is subjective.
No one ever suggested the UK opted out of everything unless they meant Brexit. Free trade and the chance to influence standards that govern its industries are two great reasons for a country to be in the EU and not outside it.
On Monday we became the sixth largest economy falling behind France; on Sunday we were the fifth largest and ahead of France.
The increase in costs of imported goods will start to impact our spending power next year when the existing currency hedges run out. The more that May talks about a hard Brexit, the poorer the country becomes s the Pound falls. We've already seen hefty prices rises from the likes of Apple and Hotpoint and more are on their way.
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... and of course the Euro will never fall when the banking crisis inevitably erupts good and proper in Italy for example. Right now the focus is inevitably on the UK, that won't last forever and the Euro will sooner of later reflect the fundamental
problems within the Eurozone. When it does the Euro will fall relative to Sterling and the situation will be reversed. No doubt at that time the threat to the UK will suddenly become the relatively high value of Sterling.
We're all aware that the UK faces problems but your argument re the relative prosperity of the UK v. EU fails to acknowledge the massive problems facing the EU which aren't going away any time soon and which will have a greater impact on us inside the EU than outside.