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originally posted by: lakenheath24
For Remainers....is this what you want to attach yourselves too?
"The unemployment rate in the Eurozone was recorded at 8.2% in July of 2018, and in the wider EU it was 6.8%. However, this masks the fact that only Germany has a really low rate at 3.4%. In France, Italy and Spain the rates are 9.1%, 10.4% and 15.3% respectively. Greece still struggles at 19.1% and for comparison the UK rate is 4.0% and, in the U.S. just 3.9%"
"Across the Eurozone the level of Debt:GDP stands at 86.7%. A far cry from the 60% limit that was established by the deeply flawed Stability and Growth Pact. The lowest level of debt in the major economies is found in Germany at 64.1%, in contrast one finds France 97.0%, Spain 98.3%, Italy 131.8% and of course, despite all the austerity and bailout cash Greece stands at 178.6%. Again, for reference the UK carries a burden of 85.3% and the U.S. is at 105.4%."
www.forbes.com...
Only Germany and the UK seem to be keeping the EU out of a recession.
Germany's two biggest banks are in merger talks as they have yet to recover from 2008.
originally posted by: lakenheath24
For Remainers....is this what you want to attach yourselves too?
"The unemployment rate in the Eurozone was recorded at 8.2% in July of 2018, and in the wider EU it was 6.8%. However, this masks the fact that only Germany has a really low rate at 3.4%. In France, Italy and Spain the rates are 9.1%, 10.4% and 15.3% respectively. Greece still struggles at 19.1% and for comparison the UK rate is 4.0% and, in the U.S. just 3.9%"
"Across the Eurozone the level of Debt:GDP stands at 86.7%. A far cry from the 60% limit that was established by the deeply flawed Stability and Growth Pact. The lowest level of debt in the major economies is found in Germany at 64.1%, in contrast one finds France 97.0%, Spain 98.3%, Italy 131.8% and of course, despite all the austerity and bailout cash Greece stands at 178.6%. Again, for reference the UK carries a burden of 85.3% and the U.S. is at 105.4%."
www.forbes.com...
Only Germany and the UK seem to be keeping the EU out of a recession.
Germany's two biggest banks are in merger talks as they have yet to recover from 2008.
originally posted by: TonyS
Well........I can understand that.......but from what I understand, perhaps inacurately, is that by leaving the EU, the UK will lose all its favorable trade arrangements, imports and exports with the EU which is your biggest trading partner.
originally posted by: TonySThe result will be that your exports will be subject to high tarriffs and you will be charged high taxes on goods and food stuffs imported from the EU. That sounds to me like a formula for disaster.
originally posted by: lakenheath24
a reply to: ufoorbhunter
Are you for real? The "privilege of keeping your own currency". Wait that has to be sarcastic. Good one, you almost got me. I mean the next thing was going to be the privilege of making your own laws, or the privilege of having a local MP as opposed to a nameless face somewhere in Brussels.
Haha...nice one.
originally posted by: ufoorbhunter
Very real and actually loved the period when we were given special status within a free trading area and kept our laws plus military indeed as you correctly point out our own historical national currency the Sterling
The best deal in Europe.