POLITICS Theresa May out as PM.

I understand it to be impossible to have a thriving economy outside of the EU’s single market system.

I’ve been repeatedly assured of this.

In this thread.

On this page.

So, checkmate, I guess.

 

No to what?

 

is Switzerland more or less socialist than the US? The UK?

 

keeping the same trade arrangements as before.

 

Depends on the ratio to freedom units you want to use. So, you tell me.

 

So, what has the EU proposed, instead? You may know more and followed it more closely than I do and have.

 

good luck with that long term

 

negotiations stalled out and a hard brexit is what looms, with no deals in place. it's been a game of chicken and the EU hasn't flinched.

 

I have my opinion, but you said the UK was propping up more socialist countries and I am still trying to find out who those are. I am certain that a country experimenting with minimum guaranteed income and with a total safety net isnt LESS than the UK, but it was the example put out as to the UK's economic future?

 

They have grown their economy through exporting into the EU. Germany beats the rest of Europe on low cost manufacturing and labor efficiency - but they need the market. The Euro trades at a much lower value than what the Mark would trade at due to the entire EU effect. If left independent the export arb would close ito much of the EU due to currency headwinds. As it is now they have friendly trade, favorable labor efficiency, favorable currency, etc. They don’t want to lose that. Largely Asia would be the winner in that scenario.

 

I have no doubt we will be closing plants if they leave. It’s anecdotal for sure. Perhaps the view looks better to other players.

 

Wouldn’t it be much better for the EU to have a deal in place with the UK after Brexit, than not?

If so, what purpose does it serve for them to prefer to having no deal, to some deal? What am I missing, here?

 

yes. but EU doesn't agree that the UK should have its cake and eat it too. and the UK needs the European economy more than they need the UK, apparently.

 

Look, Carmen San Diego, there are two countries in this world:

1. The United States of America, and
2. Not The United States of America.

I don’t concern myself with whatever lesser and dumber system of rule that other countries employ, any more than the ocean concerns itself with a teapot.

 

What does this mean? That your company will decide that there won’t be suitable economic benefit in remaining in the UK, if it’s no longer a member of the EU?

And in what country is your company headquartered?

 

So...the EU is willingly choosing to cause themselves additional and substantial economic harm, simply to hurt the UK’s economy? What’s the payoff for the EU, in that scenario?

And what does “have your cake and eat it, too”, mean, exactly? I assume that one piece of that “cake” is access to the single market, and which both would be much better off in allowing the UK to access....but what’s the other piece of cake, that the UK wants and the EU wishes to deny them?

 

Those operations are part of the European HQ in Switzerland.

I should also say plant singular. Some of the other sites could be up for consideration but I’m pretty convinced one will be done. Based on the raw material it needs if we can’t send it within the EU zone (or negotiate similar trade benefits) then it will disadvantage the site relative to our alternatives.

 

So, your company is HQ’d in Europe? Or just that line of business?

 

trade balance is 7.5% of gdp https://www.theglobaleconomy.com/Germany/Trade_balance/

and there are benefits to a stronger mark that would outweigh that as well.

 

I keep waiting on someone to tell me why the EU is only further hurting its economy by denying the UK’s access to the single market.

I feel like I don’t understand what the end game is, tbh.