ThaNubianGod;9139582 said:
MarcusGarvey;9139459 said:
ThaNubianGod;9139075 said:
MarcusGarvey;9138959 said:
EU related laws make up a sixth of UK statutes, 12,000+ regulations, everything from bank, consumer rules, to food standards. Source: FT
- good luck untangling that
@zzombie
Seems like England is mad at the Poles, Russians, Albanians, the Arabs with $ and without. Never mind the Indian and Caribbean who've been there 50+ years.
Curbing immigration is one thing, being a closed economy is a dangerous premise.
Maybe the markets are overreacting but the next two years are going to be headaches for lawyers and civil servants.
And if Scotland leaves UK and Northern Ireland unites with Ireland, shhhhit no more Great Britain
Hmm, but you just started your post on the 12,000+ regulation the EU had on them. UK isn't going for a closed economy, they just want the ability to control things within their borders, and not foreign entities.
good luck if you think Merkel isn't going to make exiting painful. She's going to set an example. Those re negotiated deals aren't going to be as favorable. And with that, London won't be the financial hub of Europe any more. That's going to Frankfurt or Amsterdam.
I'm for economic integration. I'm pro trade deals, the easier it is to export and import goods the better - this means, countries should share labor, consumer, and banking regulatory standards. Should be a high bar as the minimum.
Nationalism for the sake of poverty (hyperbole I know - better words are less growth) does no one any good.
Again though, look at what you're saying. So Merkel...a foreign leader is going to make the UK suffer? That right there is the problem. And no, globalism isn't good for anyone but the elite, and stragglers who live their life on the public dime. The UK will be fine.
Look at the tag of your household items to see where they are made, stop the nonsense. Wage hasn't caught up to the productivity growth, we can agree on that and we should remedy that - slightly* higher min wage, corporate tax reform, getting rid of mortgage interest deduction, cutting the $600b defense budget, increasing labor rights
It's naive to think foreign leaders shouldn't/don't have influence -
the degree to which should be debated. U.K. Has to negotiate with a counterparty, happens that the counterparty Merkel has leverage.