Though some in the EU are no doubt looking to punish Britain.
My prediction: Britain will enter into an arrangement similar to Norway and Switzerland.
This entails still accesss to the common market, but also largely free movement of labour.
Though more soverignty and freedom, and most of all a final exit will be a lot easier.
I view this as a half way house, after which full independence can be attained.
That is my prediction.
I personally hope that Britain leaves it all. And then can provide a role model for Norway to follow suit.
Cheers.
It's in the eurocrats interest, so it just might happen.
Agreed... but not until there has been about another 10% hole knocked in the global equities markets. Anyone want to bet that Soros and some of the other big guys aren't shorting the markets?
You don’t understand. It is impossible to have free trade between Europe and the Continent, unless Herman Van Rumpoy has a nice office and lots of staff to micromanage every single aspect of every transaction.
Well, this is good. Hopefully, more rational voices will speak up in the future.
From the crying and gnashing of teeth following the passage of Brexit, one would think that every country that refused to join the EU is a stinking cesspool unfit for human habitation. However, non EU countries seem to be doing just fine. The UK will do fine, too, and be a lot more free as well.
The LAST THING that European manufacturers want to do is play the little Brexit game - they are not about to quietly ‘take their medicine’ in an attempt to punish Britain.
They also know that there are some REALLY GOOD CARS (and just about every other item) built in Asia, as well as crappy cars available from the UAW.
So they know that the Brits have MANY CHOICES without Europe, and once they start making making choices outside of the EU, it will be VERY HARD to bring Britain back, regardless of what’s offered.
PACCAR the maker of Kenworth and Peterbilt heavy duty trucks also owns European DAF trucks with factories in Holland, Belgium and Britain. I wonder how Brexit in effecting them.
Businesses don't care about revenge because they are, for the most part, practical. Money (practicality) will win out and things will work out fine.
Trump will be all over this in the near future...
BMW has the Mini Cooper built in Great Britain. jaguar is now owned by a company in India. Mercede Benz sells a lot of cars to Great Britain as well as Volkswagen, Audi and BMW. GM and Ford of Europe what about their cars manufactured on Continental Europe. just another issue that Odumbo will say Great Britain has to go to the back of the queu
“The outcome will be determined in the board rooms of Seimens and Bayer and BASF and BMW and Daimler” bert 06/26/16
“The economic outcome is largely in the hands of the umpteen businesses within the UK and the EU countries that do business on a daily basis”
“The businesses that operate on a global scale will continue and work it out. Accommodations will be reached simply because there is money involved.” bert 6/25/16
Not if the tribute price by pound sterling remains the same.