E.U: Leave or Stay? Your thoughts.

No doubt Brexiteers will be seeing it as more evidence of the impending collapse of the EU and i wouldn't disagree that it's a headache for the EU, however the threat of Italy pulling out of the Euro isn't good news for Brexit as given the choice between a country that is leaving the EU and another undecided on whether to leave the single currency who do you think they'll favor.

We were told it's in the interest of the EU to offer us a good deal but if that increases the risk of a country like Italy withdrawing from the single currency we'll become the sacrificial lamb.

 

Italy leaving is far more complex than even Brexit so I can’t see it happening. However it does highlight the issues facing the European Central Bank.

 

Is it? I've not given much thought to how a country would extradite themselves from the Euro (single currency), it was a stupid idea badly implemented IMO, why anyone would want to give up their monetary sovereignty is beyond me.

It must be more complex than my naive view of just reissuing the lira and telling Italians to pay their taxes with those instead of Euros.

 

To many complexities to mention but mainly the EU central bank owns a lot of Italy’s debt and there would be eye wateringly high Interest rates on govt borrowing.

I think we would more likely see Germany abandon the single currency than Itaexit, italeave....

 

Dude, we all know you be like:

 

So it looks like the EU has just passed a law that seeks to address the exploitation of FoM by companies who bring in employes from other member states to undercut the local workforce.

Apparently member states now have up to two years to implement the new rules and that includes the UK, although how long the new rule will last once we've left is anyone's guess considering the UK government didn't think preventing the exploitation of labour markets was something it should be supporting.

 

And apparently Tory MEPs voted against it. That should tell you how long the rule will last after Brexit.

 

It's not only Conservative MEPs who voted against it.

Of all the UK's MEPs 25 voted for, 34 against, and two abstained, guess what group Mr Brexit belongs to.

That's unless i looked at the wrong directive.

 

Says it all.

Lord Lawson, chairmen of Vote Leave, has applied for a French carte de sejour.

So living in France happily when you're rich enough to do so is fine but staying in a Union that makes it easy for us commoners to also live, travel and work in europe is a no no.

Doesn't bode well for us if his prediction is so dire that he's filling in the paperwork now.

 

But will he climb a building to rescue a child...

 

Very doubtful. He doesn't want to be French, he just doesn't want Brexit to mess up his French lifestyle.

 

Meanwhile the US is leaving steel and aluminium tariffs on all his allies, including Canada and the EU. Britain's ambition to strike a special deal with the US looks a bit shaky...

 

Daily Mail commenters are actually getting a stroke over this, trying to integrate their admiration for Trump's tough actions with the fact that it will harm the UK, and that only the EU can stand up to the US.

Express commenters descended within three posts into an off-topic argument whether American cars are better than German ones, like the short attention span idiots unable to grasp complex issue that they are.

Meanwhile David Davis' new brainstorm for the N.I. border: give N.I. joint EU-UK status. I wonder how the DUP and Scotland will respond to that.

 

While I totally get what Trump is trying to do (make China stop artificially lowering their prices to swamp the market) he isn't smart enough to pull this off.
He doesn't understand what & how trade deficits work, or that trade wars are bad for consumers, not companies.

This won't end well.

 

I thought Express readers usually stopped reading after they've finished tugging it to the first article with the name Diana in it...

 

This week, their fetish has been speculations on Itexit. You could hear their fevered fapping all over the country.

 

I'm not so sure its that clear cut, I think he probably views the EU the same way as China.

All that extra steel that was going to the US is going to start coming into the EU and is likley to make a lot of our steel companies unfeasible.

 

Meanwhile HMG is coming across like a battered spouse who won;t leave their abusive partner...

'He beats me, but I wuv him and he promised he'll change...'

 

The funny part is how everyone is reacting to it, the EU said something about protectionism being bad in their response to these tariffs without a hint of irony, it's like they don't see the single market as a protectionist instrument.

As much as Brexiteers laud the idea of getting rid of tariffs their used for a reason, there a double edge sword, on the one hand they protect workers and companies from "unfair" competition and on the other they increase prices for consumers.