Thread: Brexit (Old)
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Old 19-10-2018, 10:15   #2003
jonbxx
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Re: Brexit

Quote:
Originally Posted by Pierre View Post
There also another very important stat.

https://www.statista.com/statistics/...contributions/




Bottom line is they will have a +14% hole in their budget to fill, which is not inconsiderable. So to say we are in a totally weak position is not quite true.
Absolutely. There is a great deal of 'zero summism' afoot in Brexit discussions and even Brexit policy. Neither the UK or the EU hold all the cards, it's somewhere in between. Of course, the relative impacts may differ depending on the size of the economies and balance of the types of trade.

You see it in the press and yes, even in this forum and we're all geniuses in here...

It's certainly possible to find some mutually agreeable common ground but so much comes down to politics rather than trade. Theresa May for example, must be seen to 'win' and, in a zero sum argument, the EU must lose or at least be seen to lose.

In other news, I read on another forum (sorry, I have been seeing other forums behind your back) a comment from a trade expert about the Northern Ireland situation. If the EU are offering a customs union and possibly single market for at least Northern Ireland, what about the other three freedoms (goods, services and labour) Nothing has been said about these. It looks like some red lines may have been broken somewhere, either on the UK or EU side.
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