Originally posted by original PM
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Potential €20bn a year Hole in EU Budget.
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Originally posted by original PM View PostIndeed - which would hurt them more than us....
Benefit of being a net importer and net contributor with the EU. If they don't want us to buy their stuff at a competitive price we'll ask the rest of the world.
Though with our government they'll fold a strong hand and make do with playing blind cards and still try to bluff they way through.Maybe tomorrow, I'll want to settle down. Until tomorrow, I'll just keep moving on.Comment
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Originally posted by original PM View PostIndeed - which would hurt them more than us....
Who got better chance to substitute imports with other sources, UK or EU?Comment
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Originally posted by Hobosapien View PostBenefit of being a net importer and net contributor with the EU. If they don't want us to buy their stuff at a competitive price we'll ask the rest of the world.
Though with our government they'll fold a strong hand and make do with playing blind cards and still try to bluff they way through.
1. The trade between EU27 and UK is a much bigger % of UK trade than it is of EU27 trade.
2. Disruption to imports is also important, not just disruption to exports.
So the UK's hand may not really be that strong.
As a hypothetical (and extreme view - but it's just an exercise to illustrate), if all trade between EU27 and UK stopped, who would lose most (out of the two parties - the answer 'Ireland' is not valid!)?Comment
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