Spursex
Alert Team
ahx00 - 31/12/2017 11:48
The 'no deal' cut and run. I thought that was fairly obvious, considering the extensive discussion about it.
People are holding up America as a potential new close trading partner. Wonderful, yes, if anyone other than a bully businessman was in charge, who has a proven record of being terrible at it anyway. It's not just the pure trade stuff that bothers me, anyway. If there's 'no deal', everything has to be renegotiated, including all the data export/data protection deals that allow companies to work across multiple countries.
That simply isn't factually true. No deal means reverting to WTO rules, which overall may well make us better off than the 'deal' we sign in the end.
As for the US, forget Trump, except for the fact that their economy is doing rather well under him, as 80 says, he won't be around forever. AS for 'people' holding up anything, the key is that we will be free to deal with whoever, wherever we want - post the vote the economy was supposed to go under - yet we have the highest level of employment ever - the highest level of outside capital being invested ever and our manufacturing exporting sector (small as it is at around 20% of our GDP) expanding at it's fastest rate ever..
Companies that work within the global supply chain will face some rules - WTO rules, which by comparison to the protectionism of the EU is far simpler to deal with.
Free from the EU, we will slowly but surely repair our ability to compete and grow and invest in our economy, our infrastructure with our priorities in ways that we've been frustrated by for the last 25 years because of the EU's rush to become a single state - which is once again now it's one single objective - which belies everything the remainders said before the vote.