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> The UK just burned billions without a valid reason for it. This is just markets responding to temporary uncertainty. Far more was wiped off European stocks t
by UVB-76 10y ago
> The UK just burned billions without a valid reason for it.
This is just markets responding to temporary uncertainty. Far more was wiped off European stocks than the FTSE, reflecting the fact that investors are more worried about the future of the EU than they are the UK.
> He promises he'll make America great again, but has never bothered discussing HOW he proposes to achieve that.
The argument for a better future upon leaving the EU was clear and realistic. Leaving the EU puts power back in the hands of the British people to decide their own destiny, for better or worse.
> Guess what, UK was not in the Schengen to begin with, so they always were in control of their border.
Although the UK was not in the Schengen Area, it had absolutely no control over migration from other EU countries.
As a member of the EU, every single citizen of the EU has a right to live and work in the UK indefinitely. 700 million people could turn up on the UK's doorstop tomorrow and there's nothing the UK could do about it.
That's what is meant by the term 'uncontrolled immigration'
> The money it costs to be part of the EU, guess what, is not a much as we stated before - and we'll need to pay a fee if we want to trade with the EU. The UK will never get a better trade with the EU - that would be delusional. I could ramble on...
The UK was a net contributor to the EU. That is undeniable. For all the funding the EU provided to projects in the UK, we were getting back pennies on the pound.
Who says we will need to pay a fee to retain access to the single market? Norway does, but it is a net exporter to the EU. The UK is a net importer. If anything, the EU should be paying the UK to join the single market.
- woodpanel 10y ago> Far more was wiped off European stocks than the FTSE, reflecting the fact that investors are more worried about the future of the EU than they are the UK. The FTSE losses seem smaller because they are denominated in Pounds, which tanked the day after against the Dollar ... and the Euro.
- cygx 10y agoThe UK was a net contributor to the EU. And of the 11 net contributors during the years 2007-2013, only Austria and Finland payed less than the UK if measured relative to GNI [1] (eg Austria and Finland 0.24%, UK 0.25%, France 0.29%, Belgium and Germany 0.35%). [1] https://en.wikipedia.org/wiki/Budget_of_the_European_Union#EU-27_contributions_.282007-2013.29 https://en.wikipedia.org/wiki/Budget_of_the_European_Union#E...