Shortfall in budget and countries collectively wishing to pay less rather than more.
There are some Germans who feel they carry the entire EU so they would be better off out. There politicians know that being in the EU helps a lot with that. Catch 22.
Coronavirus bailout further compounding budget shortfalls.
More or less applies all over what could be referred to as the western world. The UK is doing a brilliant job in this area isn't it.
Importance of UK as a consumer to Germany, France and Italy, germany's the main one, beyond France and Italy the remaining countries are of little consequence.
As has been mentioned 7% of their exports. Personally I can't see people settling on USA derived world cars. BMW's etc will still sell and people will buy them. Any trade deal with the USA will reduce our trading surplus with them otherwise why would they agree one. Just where will we get some of the stuff from that we import from them? USA - that'll help the trade balance wont it.
Dependence of a number of countries on access to our fishing waters
Interesting area as the EU countries fish here in an odd sort of way. Mix of foreign vessels registered here and also licenses come into it in some areas. The UK's trawler fleet ....... well work it out for yourself.
Reliance on the UK for intelligence.
The UK people in that area are extremely concerned about loosing sharing of intelligence with the EU. I suppose we could just carry on cooking up false reports for the USA and just have a one sided share with them.No doubt we will continue following the USA's lead, hope not. The USD isn't as powerful as it was. Much of world trading was in USD but the proportion is declining. The GDP used to be the main one - hasn't been for rather a long time. All things end some time or the other including the UK circa 70's when globalism kicked off especially in manufacture.
Real EU problems. Goes back to Farage's aims really. Destroy it. His feelings are get one out and others will follow. Popularist politics is the term used. Loosely speaking it means say what you like as chances are that few will actually check and all that is needed is high support in a referendum. Farage thought he would at least get enough to justify another but just about did it. Cummins helped but Farage set the scene. One lot in France are saying the same thing in a different way - don't want to exit want to change it. Others will see what the UK did to achieve it and try to do the same there. The drive is globalism and free marketeers. Downside politics will never be the same again.
It's never been a simple thing to deal with but add mass media and .....................
Some UK problems.
£9b is around 1% of the tax take. The tax take could easily be reduced by more than that one way or the other.
We can't feed ourselves.
Maybe go victorian and eat pomegranates to keep the diet balanced remembering to eat the pips. The EU and food - they want to be sure they can feed themselves.
A lot of our exports are to the EU. If tariffs sales will decline unless the GBP declines to suit. That would increases the cost of our imports or drop sellers profits.
What do they really intend to do? Globalism is the real problem for manufacture. All that it leaves is selling. No makers so imports are sold, much easier as well. Make here and things get dearer than they would be from other parts of the world. Or we get cheaper.
That's not been mentioned much has it - part of project fear. Coming up with words like that is a well known technique use in management and other places as well even war. They can and do alter how people think.
Boris reckons billions will pour in. Multinationals maybe ? Well we have had a number of them wonder why they decide to go. He also mentioned building a battery factory.
The whole north can commute to it where ever it is. Levelling the country up. Infrastructure is one thing jobs are another especially well paid ones.
Best under statement I have ever heard. Ian Duncan Smith. Once out improvements will take
some time. He like Boris is more centre right than many others so seen as a lefty by some. May's talk about them being seen as the nasty party will temper there right wingers but for how long. Are "improvements" definite?
Last but not least the economic apple cart. CV19 is really shaking that about. Exit could as well. The apple cart is highly dependent on property and land. Might be best to move your pension pot to the stock market. Current pensions ???? This area going wrong is part of the reason for the Japanese crash in the late 80's. Stocks were valued too high as well. Low base rates to allow lenders to make profit at lower interest rate has been keeping property prices up for a long time. I don't just mean houses. Property is seen the best way of making a decent return. A good place to put cash into even office blocks.
