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If we had algorithmic laws that would adapt to situation at any given time, then having a non-profit organization managing them could be beneficial. But when th

by bitL 10y ago

If we had algorithmic laws that would adapt to situation at any given time, then having a non-profit organization managing them could be beneficial. But when the bureaucracy in Brussels is strikingly similar to the one in Moscow during its "glory" days, I am not so sure we really need that. What we have now is that all politicians the member states wanted to get rid of due to their incompetence and other vices, end up in Brussels. You can gauge the quality of representatives from this. As for potential Brexit, what would happen is that GB would enter TTIP earlier than other EU countries and get a deeper integration with US much earlier. So in a way it could give UK an edge (if TTIP proves in any way beneficial to UK and not only to US). The main industry is anyway financial; once TTIP is signed between EU and USA there won't be much in the way of UK either.

prodmerc 10y ago
Seems to me that TTIP is more beneficial the larger the entity. And why would the UK get it faster than the EU? Anyway, I see many corporations just moving to Ireland or mainland Europe somewhere - it seems easier than stay in an uncertain situation. Or if the UK becomes their haven, well then pity the people... But yeah, bureaucracy is ballooning. Not sure if just running away is the best choice though.
mprovost 10y ago
Obama explicitly called out that if the UK leaves the EU, that it would be at the "back of the queue" for trade deals. There's much less incentive for the US to work on a treaty with a smaller country like the UK as opposed to the entire EU.
- Wintamute 10y ago
  The UK is the world's 5th largest economy, in reality it wouldn't be in either party's interests to send it to the back of the queue. Add on to that that the UK would have a much more flexible negotiating position outside the EU, as well as a powerful political mandate to quickly sort out new deals post Brexit.
  - vidarh 10y ago
    It's not going to be the world's 5th largest for long. Growth is anaemic, while a long list of fast growing countries is coming up behind it. My expectation is that the UK government after a Brexit would rush to try to get an EEA style deal in place, and end up having to give up more to get that than to remain in the UK.
- cja 10y ago
  The US has done many trade deals with countries smaller than the UK. It is in the process of negotiating several at the same time.

by bitL 10y ago

prodmerc 10y ago

Seems to me that TTIP is more beneficial the larger the entity. And why would the UK get it faster than the EU? Anyway, I see many corporations just moving to Ireland or mainland Europe somewhere - it seems easier than stay in an uncertain situation. Or if the UK becomes their haven, well then pity the people... But yeah, bureaucracy is ballooning. Not sure if just running away is the best choice though.

mprovost 10y ago

Obama explicitly called out that if the UK leaves the EU, that it would be at the "back of the queue" for trade deals. There's much less incentive for the US to work on a treaty with a smaller country like the UK as opposed to the entire EU.

Wintamute 10y ago
The UK is the world's 5th largest economy, in reality it wouldn't be in either party's interests to send it to the back of the queue. Add on to that that the UK would have a much more flexible negotiating position outside the EU, as well as a powerful political mandate to quickly sort out new deals post Brexit.
- vidarh 10y ago
  It's not going to be the world's 5th largest for long. Growth is anaemic, while a long list of fast growing countries is coming up behind it. My expectation is that the UK government after a Brexit would rush to try to get an EEA style deal in place, and end up having to give up more to get that than to remain in the UK.
cja 10y ago
The US has done many trade deals with countries smaller than the UK. It is in the process of negotiating several at the same time.