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UK just raised the bet chasing a straight. The best course for their politicians is to present a united front, show strength and resolution in the people's deci
by euroclydon 10y ago
UK just raised the bet chasing a straight. The best course for their politicians is to present a united front, show strength and resolution in the people's decision, which is what I think Cameron is doing. Displaying public indecision is the worst thing they can do for their bargaining position. They need to hold out and hope other EU members have similar referendum results. Then, they'll be on the right side of this thing, and all the EU countries can begin to move forward on a renegotiated regime.
A Trump win in November, or even the prospect of it, helps the UK now. The problem with this idea of an Anglo trade and defense block with US, UK, Canada and Australia though, is the US is not Anglo enough any more and Canada's PM is French and liberal. So they have to talk about freedom from regulations and such, and hope enough non-anglos buy in. It seems like the narrowest of paths to me.
The US and their currency will remain strong only through immigration and decent birth rates. Closing the borders just won't work.