It will soon be the time when the UK has to decide beetween staying or leaving the EU
Plz share your thoughts on what do you think will the uk will vote
Brit here. I'd say I'm pretty much neutral on the issue. Amazed me how savage people are getting on social media though. It's like people aren't allowed freedom of political beliefs, and anyone disagreeing with anyone is a racist or a cuck.
Oh, btw here's an irrelevant but also extremely relevant post. If you for some reason have no clue about anything and would like a handy chart for brexit/bremain, here you go.
Like the UK is pretty dependent on imports, dunno how that factors into them leaving the EU, but I think that the notion that nobody can affect ties or trade with the UK if you guys leave the EU does not seem accurate to me.
But I doubt that any sensible nation would do anything to provoke the UK if they left as 'punishment'
We import more than we export, but that's exactly why we'd be weaker in a trade deal. The EU exports around 10% of its goods to Britain, whereas Britain exports over 50% of its goods to the EU. A trade war would leave Britain worse off because tariffs punish companies that export goods, which in Britain has more that export to the EU than the EU does to Britain.
Britain does run a big trade deficit, meanwhile (more imports than exports with the EU in terms of total value), but this is accounted for mostly by Germany and Spain. Any new deal would have be negotiated with them plus the 25 other countries in the EU who have no such interest.
EU can't afford to punish Britain - too many of its companies do business with us; and the EU has too many problems of its own. If we were leaving from an EU in a position of strength you might have a point but; but the EU is in pretty dire straits at the moment with the eurozone crisis still rumbling on and the biggest refugee crisis since 1945.
We import more than we export - if the EU decides to put tariffs on our stuff and we reciprocate; then we're the ones who will spin a profit from it. And the devaluation of the pound that will result will drive big export growth in the medium term, too. Yeah, there will be an instant shock, but it'll wear off quick. I do recommend that people buy stocks on Monday morning though - I'll be buying a few stocks that plummet on Monday for the inevitable recovery there.
Plus I bet £20 ages ago on Britain leaving when the odds were pretty great, so I'll get an instant £150ish if we leave. Eat that, George Osborne.
EU will want to punish Britain if it leaves, because it won't want to set a bad precedent where members just leave when the going gets rough. All trade deals will have to be renegotiated, and they'll likely be more unfavorable than before. Economy is almost certain to go down in the short term (and probably the long term too, but economic forecasting is pretty hellish to do)
