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Originally posted by Tuttle
reply to post by Zngland
The UK will still be trading with Europe regardless, 'business is business', many obfuscate this insinuating leaving the EU means no trade with EU members , absolutely absurd.
Yes but I think you will find there are lucrative concessions on trade for EU members, that is the whole point of it. It is cheaper and more financaly sound to trade with EU members if you are member of the club rather than trading with NON EU members.
-5-2013 by Tuttle because: (no reason given)
Originally posted by ShadellacZumbrum
reply to post by Wrabbit2000
It reads like the US has allot to lose if Britain leaves the Union.
I guess I am curious as to what Motivates the US to make such a statement. I think there is more to it than what is being said in the article. As far as the Investing goes.. .. Is that something the US does on a regular basis?
If so where do the Dividends go and what about the gains?
Originally posted by Wrabbit2000
Now this is an attention grabber. It leaves me, as a first impression, asking a simple question. Have we no true allies as we see the world any longer? Is Britain 'Just another country' on par with every other nation in the world for treatment and solutions? It would seem so, at least to some.
The Obama administration has warned British officials that if the UK leaves Europe it will exclude itself from a US-EU trade and investment partnership potentially worth hundreds of billions of pounds a year, and that it was very unlikely that Washington would make a separate deal with Britain.
The warning comes in the wake of David Cameron's visit to Washington, which was primarily intended as a joint promotion of the Transatlantic Trade and Investment Partnership (TTIP) with Barack Obama, which the prime minister said could bring £10bn a year to the UK alone, but which was overshadowed by a cabinet rebellion back in London.
It's a bad thing to consider as the US is anything but in a position of strength itself, at the moment. It may be we who need help in the foreseeable future. If we have burned traditional 'Brother' nations, and Allies among Allies for profit and political advantage.....who will stand and give aid to us if the time ever does come to ask?
US officials say that the White House is particularly perplexed because Britain played a key role in persuading Obama to stake significant political capital on the ambitious transatlantic partnership. If it is successful it could be the biggest trade and investment deal in history, encompassing half the world's GDP and a third of its trade.
Maybe I'm just getting cynical about politics all around, but is this looking out for the best interests of Britain, The United States or Obama's personal agenda and legacy building? It's not often I'd have ever have thought about these things as separate let alone conflicting. I'm not sure on this one. It's an odd thing to see happen?
Originally posted by sylent6
But if the UK leaves EU then Europe will fall flat on it's face. I think the UK can manage their own currencies. Heck why don't they team up with Australia and become a duel nation of it's own. Isn't that what they want?
Originally posted by lonewolf19792000
This is where a Monarchy that has real power should come into play. Then the Queen of England can tell Obama to shove it up his, well you know.
I'm starting to wonder if severing ourselves from England was the right thing to do in 1776. So far it's been one disaster after another and instead of having to deal with 1 person who might suffer corruption and who could easily be...replaced, we have dozens and dozens of corrupt politicians and more waiting in line to take their place. Does tend to make one wonder where the U.S. would be if we stayed British.
Originally posted by Malynn
As soon as the EU falls down the better for everyone living inside it. Burn baby burn.
Originally posted by an0nThinker
Lets be honest. The UK is not France or Germany
. You let your manufacturing sector go to China and services to India, Philippines etc.
Your public sector and private sector are about the same size. Your spending is out of control. A sizable part of your population lives on the dole (64% with some kind of benefits).
Your relevance on the world stage is diminishing. In a few decades your not going to be even in the top ten GDP. Bottom line the empire is gone.
The EU long term can give the UK some leverages against the US, China, Japan, India, Middle East etc. I expect your politicians to not pull out from the EU even if you keep the pound. On the same line you are always going to follow big brother in trying to relive the good ol days...
Originally posted by an0nThinker
reply to post by Flint2011
Even though I think it would be interesting, I don't think even if they wanted to the BRIC would let them in. Firstly BRIC is an economic bloc unlike NATO. The SCO is the correct Asian analogue. The BRIC economies have huge potentials, China will surpass or equal the US economy in under 10 years, India in 20, Brazil and Russia will close to top 5 economies in 20 years. Neither the BRIC or SCO has granted the US observer status to the meetings.
The UK is already at its potential going down. Immigration is a problem, its seen as a US stooge in most countries even France, Germany will stand up to the US. I think there might be a case where if the UK can get out of US sphere of influence they might be given observer status to the BRIC and can have big trade deals with them. However, that would require their leaders to be pragmatic which I fully expect them not to be..
You obviously aren't aware that the US manufactures roughly $2.5 trillion (and growing) every year. Manufacturing is actually a small percentage of the overall US GDP and workforce. Most advanced economies rely on services and internal consumption.
Benefits in this country are a joke. They're incredibly easy to get, even if you don't need them. Obama has greatly expanded the welfare state in this country. Regardless, that isn't exactly a damning indictment for your argument...
Actually, the US is expected to continue to grow and maintain its current share of world nominal GDP (which is roughly 25% of the worlds GDP) well into the foreseeable future. Relative to the rest of the world, the US is looking quite good, actually.
Originally posted by an0nThinker
I am saying that it is not the way forward. The UK had some great industries in aerospace, space, ship building, heavy machinery, engineering, automobiles. Do you deny that these have been allowed to rot? Internal consumption comes from wages that people receive, when growth is build on the ability for consumers to garner debt that growth is hollow. Cyclic debt, economic easing are not the way forward.
Why emulate a bad system (the US) why not Japan and Germany? The debt to gdp ratio is too high, the UK borrows money for running the government.