Forget Grexit. BREXIT is the Bigger Threat to Europe.

dealeris

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Quote from: LuckyYOU on February 29, 2016, 05:13:33 PM

Well fact is some countries take much more, Lithuania one of them.
Uk stepping out of the Union would mean the rich EU countries will have a heavier burden. I don't think they will accept that, knowing they already are doing more in the refugee problem.
Let's hope these countries will force the poor countries to donate more or help out more. It's a democracy right?

Your explanation and solution is similar to signing a bank loan contract and as soon as the bank feels insecure or gets in a bad situation you start repaying your loan with much bigger payments than agreed upon.
Joining the EU is a contract - you know the terms prior to signing it. If you do not like how everything is developing go ahead and break it, but do not blame the ones who honor their signed contracts.

LuckyYOU

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Quote from: dealeris on February 29, 2016, 06:29:29 AM

Quote from: bryant.coleman on February 28, 2016, 11:34:56 AM

I don't think so. The United Kingdom is one of the donor nations within the EU, and they help to subsidize the poorer nations such as Poland and Lithuania. If the Brexit occurs for real, then the pressure on the other donor nations (such as Germany, Netherlands, and France) will increase significantly. They are already under a lot of strain as a result of the Greek bailout.

Not sure why you mentioned Lithuania as "poorer". At 2016 index of economic freedom Lithuania ranks 13th in the world and 6th in Europe http://www.heritage.org/index/ranking

This country has received from the EU 10765 million over what it has contributed(small amount comparing to many other EU countries), for example:

Poland - got 74296 million over what it has contributed
Portugal - got 63579 million over what it has contributed
Spain - got 91463 million over what it has contributed
Greece - got 109258 million over what it has contributed
More stats can be found: http://www.money-go-round.eu/

Well fact is some countries take much more, Lithuania one of them.
Uk stepping out of the Union would mean the rich EU countries will have a heavier burden. I don't think they will accept that, knowing they already are doing more in the refugee problem.
Let's hope these countries will force the poor countries to donate more or help out more. It's a democracy right?

tyz

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...and it is not democratic at all. It is time to found a new more decentralized union were collaboration is focused on economical and juridical issues. And not focused on things like the maximal curvature of bananas or cucumbers. Let it called EDU, European Democratic Union.

Quote from: Newmba on February 29, 2016, 06:01:10 AM

the European Union is not going to last, someone feels like it has become a political entity and it's better to break out

it's just a matter of time, so I hope the UK will just do it and protect itself from future geopolitical developments in that region

dealeris

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Quote from: bryant.coleman on February 28, 2016, 11:34:56 AM

I don't think so. The United Kingdom is one of the donor nations within the EU, and they help to subsidize the poorer nations such as Poland and Lithuania. If the Brexit occurs for real, then the pressure on the other donor nations (such as Germany, Netherlands, and France) will increase significantly. They are already under a lot of strain as a result of the Greek bailout.

Not sure why you mentioned Lithuania as "poorer". At 2016 index of economic freedom Lithuania ranks 13th in the world and 6th in Europe http://www.heritage.org/index/ranking

This country has received from the EU 10765 million over what it has contributed(small amount comparing to many other EU countries), for example:

Poland - got 74296 million over what it has contributed
Portugal - got 63579 million over what it has contributed
Spain - got 91463 million over what it has contributed
Greece - got 109258 million over what it has contributed
More stats can be found: http://www.money-go-round.eu/

Newmba

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the European Union is not going to last, someone feels like it has become a political entity and it's better to break out

it's just a matter of time, so I hope the UK will just do it and protect itself from future geopolitical developments in that region

phreaky

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Quote from: bryant.coleman on February 28, 2016, 11:34:56 AM

Quote from: European Central Bank on February 28, 2016, 08:17:38 AM

Maybe the rest of the EU will breathe a sigh of relief when the UK's gone. By the sounds of it all they do is moan and bitch anyway.

I don't think so. The United Kingdom is one of the donor nations within the EU, and they help to subsidize the poorer nations such as Poland and Lithuania. If the Brexit occurs for real, then the pressure on the other donor nations (such as Germany, Netherlands, and France) will increase significantly. They are already under a lot of strain as a result of the Greek bailout.

Yeah the rich northern countries will have to pay more. Even worse is that they are already doing most of it.
Donations; refugee problem etc.

Perhaps they will use it to grow their influence in the Union.

bryant.coleman

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Quote from: European Central Bank on February 28, 2016, 08:17:38 AM

Maybe the rest of the EU will breathe a sigh of relief when the UK's gone. By the sounds of it all they do is moan and bitch anyway.

I don't think so. The United Kingdom is one of the donor nations within the EU, and they help to subsidize the poorer nations such as Poland and Lithuania. If the Brexit occurs for real, then the pressure on the other donor nations (such as Germany, Netherlands, and France) will increase significantly. They are already under a lot of strain as a result of the Greek bailout.

jt byte

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Quote from: European Central Bank on February 28, 2016, 08:17:38 AM

Maybe the rest of the EU will breathe a sigh of relief when the UK's gone. By the sounds of it all they do is moan and bitch anyway.

They got some legit concern. Especially the huge amount of immigrants from poland is causing great problems.
Apart they are alcholist, uncivilized they cause social tention too.

Sure it's in the best of the UK to stay, but if the rules they want got implemented the rest of the EU would benefit too.

NUFCrichard

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Quote from: European Central Bank on February 28, 2016, 08:17:38 AM

Maybe the rest of the EU will breathe a sigh of relief when the UK's gone. By the sounds of it all they do is moan and bitch anyway.

Germany won't be happy if the UK leaves. The UK wants to reduce it's deficit, wants to be globally competitive and is a big net contributor to the EU.
If they leave, Germany will have to pay more to cover the ever increasing number of poorer countries who are members or will be members.

If the UK leaves, I think other countries will consider doing the same thing. The EU would be better if they hadn't expanded in the last 15 years, it isn't a fair union anymore.

European Central Bank

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Maybe the rest of the EU will breathe a sigh of relief when the UK's gone. By the sounds of it all they do is moan and bitch anyway.

tyz

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Agree with you! UK will get bigger problems than the EU when it is going to leave the union.
Many banks residing in London will move their operations into the EU. It will definitely have a good effect for cities like Dublin, Paris and Frankfurt which are further considerable financial spots in Europe.

Quote from: Carlsen on February 23, 2016, 02:54:57 PM

Uk will leave after the vote in june. British people see themselves as British people, not as Europeans. Can't blame them there.
I see bigger problems for UK than I see for the rest of the Eu, if that happenes.
Brexit can't be compared to grexit cause UK has not the € as fiat.

Kelarid

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Quote from: minor-transgression on February 25, 2016, 03:23:30 PM

Back in the 1980's when North Sea Oil was booming, the UK contributed ~£2Bn per year
to subsidise French farmers, Irish roads, and Italian corruption. That greased many wheels
within Europe, but these things do not last. North Sea oil and gas moved the UK from
being the sick man of Europe to the world's fifth largest economy. Today it is 50:50 but
the memory remains.

Today, Germany wants Frankfurt as the financial centre of an European superstate, and that
is frequently at odds with what, specifically, the City of London wants.

The other players in the game are the UK landowners - they want Shengen extended because
more immigrants means more rent, and more income to them. Farmers and fishers want out
because they lost out when the UK went into the EC, supposedly to favor British industry.
Recently, big chunks of British industry were bought by foreign investors, hence there is no
broad support for staying in from that quarter.

And finally, having seen the politics and the financial games playing out in Greece, and in
Ireland, staying in the EU will be a hard sell to any sane Brit. There is no way the ECB
will look favorably on post-2008 bailouts of British Banks.

That is the good description of the past. I got the impression that the UK government is encouraging the blockchain technology. This may make UK strong again.

minor-transgression

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Back in the 1980's when North Sea Oil was booming, the UK contributed ~£2Bn per year
to subsidise French farmers, Irish roads, and Italian corruption. That greased many wheels
within Europe, but these things do not last. North Sea oil and gas moved the UK from
being the sick man of Europe to the world's fifth largest economy. Today it is 50:50 but
the memory remains.

Today, Germany wants Frankfurt as the financial centre of an European superstate, and that
is frequently at odds with what, specifically, the City of London wants.

The other players in the game are the UK landowners - they want Shengen extended because
more immigrants means more rent, and more income to them. Farmers and fishers want out
because they lost out when the UK went into the EC, supposedly to favor British industry.
Recently, big chunks of British industry were bought by foreign investors, hence there is no
broad support for staying in from that quarter.

And finally, having seen the politics and the financial games playing out in Greece, and in
Ireland, staying in the EU will be a hard sell to any sane Brit. There is no way the ECB
will look favorably on post-2008 bailouts of British Banks.

bryant.coleman

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Quote from: HarryKPeters on February 24, 2016, 03:14:28 AM

The UK won't leaven the EU. It would harm the EU, but it would harm the UK more.
They will get isolated.

Nothing will happen to the United Kingdom. They will do just fine. If you have any doubt, then look at Switzerland and Norway. These two countries are not part of the EU, and still they are doing really good. On the other hand, the EU will be severely handicapped. Without the funding from the UK, they will be forced to cut back their welfare programs.

markj113

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Quote from: HarryKPeters on February 24, 2016, 03:14:28 AM

Quote from: markj113 on February 24, 2016, 02:48:31 AM

Quote from: 7788bitcoin on February 24, 2016, 02:20:37 AM

The British uses Pound and European uses EUR. British can learn from US to implement QE to "save" the economy, but not Greece... There is no harm for UK to stay in EU.

The UK has already implemented QE.

The UK staying in Europe is a cost and not a benefit for us, strange how all these Europeans posting think its a great idea for us to stay. Probably because its only the UK, Germany and France that pay in while the rest are on the take.

The UK won't leaven the EU. It would harm the EU, but it would harm the UK more.
They will get isolated.

And even worse, I am sure ireland/Scotland etc. will still want to be included in the EU since their economy depend on it.
Don't forget big US firms will instantly leave the UK countries if their are no financial benefits for them.

Scaremongering at is finest.

So you are suggesting that if the UK left Europe then trade would suddenly stop.

I dont think so, the UK is also a large importer from Europe so if these countries want to sell us the goods they must also allow us to export our goods to their country.

HarryKPeters

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Live Stars - Adult Streaming Platform

Quote from: markj113 on February 24, 2016, 02:48:31 AM

Quote from: 7788bitcoin on February 24, 2016, 02:20:37 AM

The British uses Pound and European uses EUR. British can learn from US to implement QE to "save" the economy, but not Greece... There is no harm for UK to stay in EU.

The UK has already implemented QE.

The UK staying in Europe is a cost and not a benefit for us, strange how all these Europeans posting think its a great idea for us to stay. Probably because its only the UK, Germany and France that pay in while the rest are on the take.

The UK won't leaven the EU. It would harm the EU, but it would harm the UK more.
They will get isolated.

And even worse, I am sure ireland/Scotland etc. will still want to be included in the EU since their economy depend on it.
Don't forget big US firms will instantly leave the UK countries if their are no financial benefits for them.

markj113

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Quote from: 7788bitcoin on February 24, 2016, 02:20:37 AM

The British uses Pound and European uses EUR. British can learn from US to implement QE to "save" the economy, but not Greece... There is no harm for UK to stay in EU.

The UK has already implemented QE.

The UK staying in Europe is a cost and not a benefit for us, strange how all these Europeans posting think its a great idea for us to stay. Probably because its only the UK, Germany and France that pay in while the rest are on the take.

7788bitcoin

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The British uses Pound and European uses EUR. British can learn from US to implement QE to "save" the economy, but not Greece... There is no harm for UK to stay in EU.

Karartma1

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Quote from: NorrisK on February 23, 2016, 02:26:37 AM

Quote from: Karartma1 on February 23, 2016, 02:10:40 AM

Quote from: bryant.coleman on February 23, 2016, 02:03:06 AM

The Brexit is very unlikely. The British are generally not in favor of changing the status quo. So I assume that most of the people who give out their opinion as "Undecided" in the opinion poll will vote against Brexit during the referendum. However, if the Brexit actually occurs, then it will negatively affect the EU in a big way.

What you say is true but most of the Brits don't care aboute Europe: they drive on the left side, they have sterlings instead of euro and so on.
If they are out that's Europe's problems not theirs.

Because it would be a smart thing to change the traditional side you drive on based on joining a union? That is something completely unrelated.

Also, they are not the only country in the EU that held their own currency in favor of the euro.

If they go out it is for sure a big problem for Europe, but also for the Brits. Imagine the impact on their economy. No more easy traveling there for EU citizins. No more tax free shipping, etc. It would severly impact their export and tourism and they can't handle that.

I have been in the UK long enough to understand that they don't need Europe at all: it is the other way round. And trust me they are really proud of their differences!

Pab

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Yes it is much bigger,now the most popular english politicks,London governer has has joined Brexit coalition
If i will be british i will vote exit,but Trump like a president that is huge

Carlsen

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Uk will leave after the vote in june. British people see themselves as British people, not as Europeans. Can't blame them there.
I see bigger problems for UK than I see for the rest of the Eu, if that happenes.
Brexit can't be compared to grexit cause UK has not the € as fiat.

markj113

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Quote from: Laosai on February 23, 2016, 02:47:02 PM

Quote from: Kelarid on February 23, 2016, 02:24:58 PM

Quote from: bryant.coleman on February 23, 2016, 02:03:06 AM

The Brexit is very unlikely. The British are generally not in favor of changing the status quo. So I assume that most of the people who give out their opinion as "Undecided" in the opinion poll will vote against Brexit during the referendum. However, if the Brexit actually occurs, then it will negatively affect the EU in a big way.

The Brexit is just a bargain. Now UK got what it wants, so there will be no exit in reality.

Exactly!

It's impossible for UK to leave EU, it would destroy them. 80% of their international transactions go through Europe, leaving EU would mean paying 10% tax on EVERYTHING xD

Taxes work both ways, what about if we slap a tax on french wine, champagne, cheese etc.

I take it you couldnt understand this chart -

Plus we pay in billions more than we get back.

What happens if your politicians piss of the UK public by making things difficult for us and we boycott spain, greece, germany etc. for summer holidays. How much of your economy is based on tourism.

Dont forget the UK was doing just fine before the EU existed and will continue to do well after it dies The only fuckers that want the EU to continue are the Euro MP's and the Eastern Europens that come begging for hand outs that we pay for.

Laosai

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Quote from: Kelarid on February 23, 2016, 02:24:58 PM

Quote from: bryant.coleman on February 23, 2016, 02:03:06 AM

The Brexit is very unlikely. The British are generally not in favor of changing the status quo. So I assume that most of the people who give out their opinion as "Undecided" in the opinion poll will vote against Brexit during the referendum. However, if the Brexit actually occurs, then it will negatively affect the EU in a big way.

The Brexit is just a bargain. Now UK got what it wants, so there will be no exit in reality.

Exactly!

It's impossible for UK to leave EU, it would destroy them. 80% of their international transactions go through Europe, leaving EU would mean paying 10% tax on EVERYTHING xD

Kelarid

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Quote from: bryant.coleman on February 23, 2016, 02:03:06 AM

The Brexit is very unlikely. The British are generally not in favor of changing the status quo. So I assume that most of the people who give out their opinion as "Undecided" in the opinion poll will vote against Brexit during the referendum. However, if the Brexit actually occurs, then it will negatively affect the EU in a big way.

The Brexit is just a bargain. Now UK got what it wants, so there will be no exit in reality.

NUFCrichard

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Quote from: OROBTC on February 23, 2016, 01:48:32 AM

Boris Johnson, the Marxist mayor of London wants OUT

Boris Johnson is a long way from being a Marxist, it is possible that you meant Ken Livingstone, the former Mayor of London, but Boris is conservative!

Raimonn

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If Uk leaves the EU, it will affect to the economy of all the european countries. If some time ago some ones said that EU will have economic problems if they take off Greece, with Uk leaving the economy will be very affected. Trading for euro/dollar will be risky these weeks.

matrix zion

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Quote from: OROBTC on February 23, 2016, 01:48:32 AM

...

I heard comments today about UK Prime Minister Cameron's latest proposal for staying in the EU, the idea is in peril there. Boris Johnson, the Marxist mayor of London wants OUT (as do many others). Britain has a much larger economy that Greece, and of course is much more integrated into Europe as a whole.

http://www.moneyandmarkets.com/forget-grexit-brexit-europes-latest-threat-76161?t=ezine#.Vsv_o_krLcu

I am not really knowledgeable about Britain and Europe -- it SEEMS like an important relationship, and were Britain to leave that would likely create a LOT of stress and other problems.

The UK Pound fell today...

It seems like one yeah.
But it only seems.

Since the beginning UK had a rather... Special relationships with EU.
Time passing by, they only negociated for them and to be a perticular case in EU.

They're officially in the EU but that's all! They have nothing in common with the rest of EU anyway! They can leave whenever they want I'll be only pleased!

markj113

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Quote from: Laosai on February 23, 2016, 01:17:08 PM

Ahah! You're wrong about immigration being uncontrolled.

It's if you leave the EU that you'll get that, then France will have absolutely no obligation to keep migrants inside its borders Wink

Not a huge problem for the UK, we are an island after all.

Just have the navy sink a few boats smuggling people across to send a message, problem solved.

bryant.coleman

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Quote from: tyz on February 23, 2016, 01:03:19 PM

It is not a problem of the eastern European countries. They helped to increase the growth rate for the EU27 over the last years after the financial crisis. The problem is more the southern European countries like Italy, Spain, Greece, Portugal and somewhat France.

Right from the beginning, the Southern nations were acting like laggards. They were receiving more than the amount which they were donating to the EU. However, once the Eastern members were admitted, all these southern nations were forced to become donors. None of them could successfully complete the transformation, and as a result we are having financial meltdowns in many of these nations.

pereira4

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I think no country wants to leave the European Union. They may threaten with it like Greece did, but at the end of the day when the citizens are asked if they have the balls to pull an euro-exit they always back up, because they know they would not be as cool if they are not from Europe. Most people would not like to be a country somewhere that has nothing to do with USA or Europe.

Anyway bring it on tho, anything that destabilizes fiat currencies will help Bitcoin.

Laosai

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Ahah! You're wrong about immigration being uncontrolled.

It's if you leave the EU that you'll get that, then France will have absolutely no obligation to keep migrants inside its borders Wink

tyz

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It is not a problem of the eastern European countries. They helped to increase the growth rate for the EU27 over the last years after the financial crisis. The problem is more the southern European countries like Italy, Spain, Greece, Portugal and somewhat France.

Quote from: bryant.coleman on February 23, 2016, 11:01:30 AM

Quote from: Denker on February 23, 2016, 10:20:05 AM

The EEC worked pretty well and that is what we europeans should go back to.
The EU is turning more and more into a socialist dictatorship!

Everything was going well before Germany decided to enlarge the EEC by accepting the former Warsaw Pact nations such as Poland and Romania. The parasite nations are putting too much strain on the Western European nations. And the current migrant influx from the Middle East is further straining the resources. European Union, in the current format is beneficial only for its easternmost members.

Pitchblackroom

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Mostly i would think this would threaten Germany and the people who are basically "in charge" of the EU. The EU does not help Britain at all.

Blind Legs Parker

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Quote from: markj113 on February 23, 2016, 08:42:36 AM

Everyone I speak to wants out of Europe, me included.

Why would you want to stay, look at the data -

Plus as a bonus we are getting uncontrolled immigration putting excessive strain on the NHS, Benefits and education system. Too many takers and not enough contributors.

Man the EU is an investment on the future, and it's the same for every single one of its members.
If you lose that of sight, of course it appears meaningless, and of course you'll feel like paying more than you get. Come on that's an investment.

tyz

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When the crunch comes both countries, Britain and Greece, will leave the EU this year. This would be a disaster beyond all expectations and very likely the end of the EU and the Euro zone.

spazzdla

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Zero % chance, women scare like little kittens and they are 50% of the population.

ALL you have to say is "the children" boom every women will refuse to leave.. Prevents a lot of action..

Hazir

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★Nitrogensports.eu★

Let's face it. If UK will leave European Union it will be the end. UK was one of the pillars of original EU pact. Core country, along with France and Germany.
Brits leaving UE will only mean than UE failed and it is time to let it go for every other EU member.

bryant.coleman

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Quote from: Denker on February 23, 2016, 10:20:05 AM

The EEC worked pretty well and that is what we europeans should go back to.
The EU is turning more and more into a socialist dictatorship!

Everything was going well before Germany decided to enlarge the EEC by accepting the former Warsaw Pact nations such as Poland and Romania. The parasite nations are putting too much strain on the Western European nations. And the current migrant influx from the Middle East is further straining the resources. European Union, in the current format is beneficial only for its easternmost members.

calkob

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Quote from: NorrisK on February 23, 2016, 02:26:37 AM

Quote from: Karartma1 on February 23, 2016, 02:10:40 AM

Quote from: bryant.coleman on February 23, 2016, 02:03:06 AM

The Brexit is very unlikely. The British are generally not in favor of changing the status quo. So I assume that most of the people who give out their opinion as "Undecided" in the opinion poll will vote against Brexit during the referendum. However, if the Brexit actually occurs, then it will negatively affect the EU in a big way.

What you say is true but most of the Brits don't care aboute Europe: they drive on the left side, they have sterlings instead of euro and so on.
If they are out that's Europe's problems not theirs.

If they go out it is for sure a big problem for Europe, but also for the Brits. Imagine the impact on their economy. No more easy traveling there for EU citizins. No more tax free shipping, etc. It would severly impact their export and tourism and they can't handle that.

Yeah cause it's really hard to show your passport at passport control..... Huh

i know when i go on holiday to europe its the non-EU control desks that have very little people at them. Bonus Cheesy

Tax free shipping???

Impact tourism and export??? have you any idea how much Europe relies on brits for their exports? (its alot, i'll name one, French wine is drank by the bucket load in Britain these days) and regards tourism there is practically hundreds of villages and towns around the European Mediterranean that will be wiped of the map if Brits dont show up for their holidays

This euro thing is a two way street, the euro elite dont hold all the cards..... Thankfully or like Greece we wouldn't be allowed to leave

Denker

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Guys please don't make the mistake and mix Europe with the EU!!
If the Brexit happens the UK will be out of the European Union.That would be fine to me as this contruct is a big mess and only serves the Elites.
The EEC worked pretty well and that is what we europeans should go back to.
The EU is turning more and more into a socialist dictatorship!

pitham1

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Another opportunity for traders to make money out of volatility.
In the end, I don't think status quo is going to change. There is no pressing need for Britain to exit the EU.

bryant.coleman

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Quote from: markj113 on February 23, 2016, 08:42:36 AM

Everyone I speak to wants out of Europe, me included.

Why would you want to stay, look at the data

This argument is true for most of the Western European nations, including Germany, France, Netherlands, and Belgium. The European Union is an uneasy alliance of the rich Western European nations and the backward Eastern European nations. There is a delicate equilibrium between the two group of nations. But this equilibrium will be lost if one of the richer nations cancel the EU membership.

markj113

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Everyone I speak to wants out of Europe, me included.

Why would you want to stay, look at the data -

Plus as a bonus we are getting uncontrolled immigration putting excessive strain on the NHS, Benefits and education system. Too many takers and not enough contributors.

NorrisK

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Quote from: Karartma1 on February 23, 2016, 02:10:40 AM

Quote from: bryant.coleman on February 23, 2016, 02:03:06 AM

The Brexit is very unlikely. The British are generally not in favor of changing the status quo. So I assume that most of the people who give out their opinion as "Undecided" in the opinion poll will vote against Brexit during the referendum. However, if the Brexit actually occurs, then it will negatively affect the EU in a big way.

What you say is true but most of the Brits don't care aboute Europe: they drive on the left side, they have sterlings instead of euro and so on.
If they are out that's Europe's problems not theirs.

Because it would be a smart thing to change the traditional side you drive on based on joining a union? That is something completely unrelated.

Also, they are not the only country in the EU that held their own currency in favor of the euro.

If they go out it is for sure a big problem for Europe, but also for the Brits. Imagine the impact on their economy. No more easy traveling there for EU citizins. No more tax free shipping, etc. It would severly impact their export and tourism and they can't handle that.

Karartma1

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Quote from: bryant.coleman on February 23, 2016, 02:03:06 AM

The Brexit is very unlikely. The British are generally not in favor of changing the status quo. So I assume that most of the people who give out their opinion as "Undecided" in the opinion poll will vote against Brexit during the referendum. However, if the Brexit actually occurs, then it will negatively affect the EU in a big way.

What you say is true but most of the Brits don't care aboute Europe: they drive on the left side, they have sterlings instead of euro and so on.
If they are out that's Europe's problems not theirs.

bryant.coleman

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The Brexit is very unlikely. The British are generally not in favor of changing the status quo. So I assume that most of the people who give out their opinion as "Undecided" in the opinion poll will vote against Brexit during the referendum. However, if the Brexit actually occurs, then it will negatively affect the EU in a big way.

OROBTC

legendary

Activity: 2940

Merit: 1865

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I heard comments today about UK Prime Minister Cameron's latest proposal for staying in the EU, the idea is in peril there. Boris Johnson, the Marxist mayor of London wants OUT (as do many others). Britain has a much larger economy that Greece, and of course is much more integrated into Europe as a whole.

http://www.moneyandmarkets.com/forget-grexit-brexit-europes-latest-threat-76161?t=ezine#.Vsv_o_krLcu

I am not really knowledgeable about Britain and Europe -- it SEEMS like an important relationship, and were Britain to leave that would likely create a LOT of stress and other problems.

The UK Pound fell today...

Topic: Forget Grexit. BREXIT is the Bigger Threat to Europe. (Read 1815 times)