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> The UK is on the cusp of committing economic suicide, or at least crippling itself for decades. No. Here's why. The UK can control it's currency and mainta
by no1youknowz 10y ago
> The UK is on the cusp of committing economic suicide, or at least crippling itself for decades.
No.
Here's why.
The UK can control it's currency and maintain a clear direction. The EU can't do that. The Euro favors some countries.
The UK can have bi-lateral trade deals that is best for her with all countries around the world[1]. The EU can't do that, it has to consider ALL countries best interests within the Block.
The UK can change it's business rates to be more competitive than the EU [2]. The EU can't really do that, lest it risk some states losing money.
In short. The UK is in an excellent position for growth.
[1]: https://www.theguardian.com/business/2017/feb/07/uk-g7-economy-trade-pwc-brexit-us https://www.theguardian.com/business/2017/feb/07/uk-g7-econo...
[2]: http://www.telegraph.co.uk/news/2016/11/21/theresa-may-to-offer-business-an-olive-branch-with-hint-of-futur/ http://www.telegraph.co.uk/news/2016/11/21/theresa-may-to-of...
I'm actually rather bullish about the UK. Remember, when the UK had trade deals with countries around the world? We'll have that time again.