I find the whole argument X needs Y foolish. It is so much similar to Donald Trump's China hatred.
Members of EU benefit every-time they export something to a large market such as UK (e.g. Cars). Members of EU benefit each time they willingly import something from UK (e.g. Tea). Either ways if EU wants to protect interests of its members it makes sense to trade with UK just the way it did in past. Any "revenge" is likely to hurt EU members whether or not it hurts UK.
UK survived before EU and will continue to survive beyond EU too. In fact I think with better immigration policies and freedom from red tape of EU, UK will be better off economically. The very presence of EU in my opinion is against principles of democracy. People of England basically accepted restrictions coming from Brussels who were not voted for by them.
>In exchange for access to the common market, Britain had to accept an external tariff and, over time, a deluge of regulations from power-hungry Brussels. The former makes imports more expensive in Britain, while the latter makes British exports less competitive globally.
> Jean-Claude Juncker, the current president of the EU Commission, summed up the decision-making behind the introduction of the single currency thusly: "We decide on something, leave it lying around and wait and see what happens. If no one kicks up a fuss, because most people don't understand what has been decided, we continue step by step until there is no turning back." [1]
Why do most Brits still assume the UK is a large market compared to the rest of the EU? The UK is no longer the empire it used to be, it is weak on it's own. The UK GDP is about ~$2.5 trillion, the EU GDP (sans UK) is ~$12 trillion. The UK economy is puny compared to the mainland Europe. I very much agree that a good trade deal would be beneficial for both sides, at this point the EU is under strong pressure to make an example out of the UK secessionist tendencies and the power is squarely on the European side.
> at this point the EU is under strong pressure to make an example out of the UK secessionist tendencies and the power is squarely on the European side.
If that is indeed true then I think every other country should leave EU with the urgency of a man whose hair are set on fire. It clearly shows that EU is not something that protects the interest of its members but a bureaucratic agency who is interested in expanding authority.
If UK wants to trade with EU, UK still has to follow all EU regulations. If UK wants to trade with EU, UK still has to follow EU immigration policies. If they want to avoid those things, they don't get access to the single market, there's no way around that.
If you're so sure the UK will be better off economically, you should put your money where your mouth is and trade against the overwhelming deluge of financial analysts who say the exact opposite. Last I checked the UK banks were down ~30-35% today, sounds like a cheap deal for you.
How is that in my way different to how laws are drawn up in any other country? If I, as a Londoner, voted for a labour mp but am then forced to accept laws imposed by a majority Tory government, then what's the difference?
Members of EU benefit every-time they export something to a large market such as UK (e.g. Cars). Members of EU benefit each time they willingly import something from UK (e.g. Tea). Either ways if EU wants to protect interests of its members it makes sense to trade with UK just the way it did in past. Any "revenge" is likely to hurt EU members whether or not it hurts UK.
UK survived before EU and will continue to survive beyond EU too. In fact I think with better immigration policies and freedom from red tape of EU, UK will be better off economically. The very presence of EU in my opinion is against principles of democracy. People of England basically accepted restrictions coming from Brussels who were not voted for by them.
>In exchange for access to the common market, Britain had to accept an external tariff and, over time, a deluge of regulations from power-hungry Brussels. The former makes imports more expensive in Britain, while the latter makes British exports less competitive globally.
> Jean-Claude Juncker, the current president of the EU Commission, summed up the decision-making behind the introduction of the single currency thusly: "We decide on something, leave it lying around and wait and see what happens. If no one kicks up a fuss, because most people don't understand what has been decided, we continue step by step until there is no turning back." [1]
[1] http://humanprogress.org/blog/britains-democracy-is-a-sham