Brexit Thread

[Husar]

I disagree with his assessment.

Well, so far no article 50 has been evoked, what are you waiting for?

[Greyblades]

We're waiting for Theresa May to figure out how to do Brexit without destroying her career. She has 3 years before the consequences of not activating it becomes significant, until then she's free to drag it out and see if she can make the EU blink first and get the negociations to begin while we have the upper hand. She knows that if she can get this to work well she'll secure her position as the best prime minister in 40 years minimum, and if she fails her career's over.

[Brenus]

"while we have the upper hand." Have we?

[I of the Storm]

Doubtful. From your point of view it may seem so, but the rest of the EU "disagrees with that assessment" (Greyblades 2016).

[Pannonian]

Doubtful. From your point of view it may seem so, but the rest of the EU "disagrees with that assessment" (Greyblades 2016).

"If you don't give us what we want then we'll leave."
"You've already left."
"Err...then we'll...err..."

The logic of Brexiters surpasseth understanding.

[Greyblades]

Shouldnt that be: "If you dont give us what we want then we wont leave."?

[Pannonian]

Shouldnt that be: "If you dont give us what we want then we wont leave."

Frankfurt, Paris and other cities will be chipping away at London's financial services while all this is going on. The financial services that is the backbone of Britain's economy. They don't need us to leave pronto, although it would be more convenient. The uncertainty hurts both sides, but it hurts us more as we're the smaller economy. The EU also has the advantage in that investors know the position they will finish with: no common market access without free movement of labour. Whatever happens, investors in the EU will know there will still be a common market with free movement of capital and labour. Investors have no idea what kind of deal the UK will end up with, particularly as the voters were insistent that controlling immigration is the key part of their decision. Even if they don't pull out immediately, I expect investment in the UK to stop pending any future deal, especially if the UK government takes the same view as you do.

[Greyblades]

I take their disagreement with a grain of salt, there's plenty left over after thier assessment of a sure remain vote fell through.

"while we have the upper hand." Have we?

Who's we?

As long as the EU, for whatever reason, is hollering at us to activate article 50 as soon as possible we hold a small degree of leverage, a chip on the table that isnt reliant on the possibility of the EU members' desire to make money off us being able to overpower Brussel's desire to punish us, though one with an expiration date.

[Furunculus]

"while we have the upper hand." Have we?

as long as the italian banking system teeters on the brink of oblivion, yes. yes we do.