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Everyone Loses If Britain Exits the E.U
- DyslexicAtheist 11y agothey are part of the FVEY countries freely handing over our data to the NSA and hacking telecoms companies (Belgacom) or helping the hacking of such companies (Gemalto). The damage is not just private data but also intellectual property and industry secrets of our innovators are being leaked. For that (and only that reason) should they be kicked out and not allowed in the EU.
- Oletros 11y agoCan someone explain me what advantages has for the EU and its members having a country like UK with those concessions?
- bmh_ca 11y agoHere is a paper by my friend and colleague, Philip Wood at Allen & Overy LLP, which he just finished: http://www.allenovery.com/SiteCollectionDocuments/A_fresh_view_on_Brexit.pdf http://www.allenovery.com/SiteCollectionDocuments/A_fresh_vi... Philip is widely considered a father of modern international financial law. He excels at explaining complex concepts in understandable language. You will be very hard pressed to find a paper on Brexit that is more thorough, accurate, or understandable.
- steaminghacker 11y agoThe only losers are "miserable fat Belgian bastards!" Like everyone's going to stop trading without political unity and the sky will fall in. No, absolutely, the UK needs supremacy over it's own law. If the UK doesn't vote out, it will be used as a mandate for more "in", and then they'll be fiscal union. Get ready for EU direct taxation everyone. Income tax will rise, just like VAT did when it was handed over to the EU. VAT is now 20% and is fuelling rife vat fraud. When you increase taxes over the point the market will bear, people find loopholes around them. The government ultimately receives less money than before. Then they can't reduce taxes, since people have made the effort to use the loopholes. and loopholes always exist because the world is global.