Brexit Day - Article 50 officially invoked by the UK

Re: Brett Day - Article 50 officially invoked by the UK

That will be interesting. The UK was one of the only EU members not to give up their national currency. Still, all the inter-workings of the banking system (which drives so much of this anyway) will be hard to undo.

Re: Brett Day - Article 50 officially invoked by the UK

Displaced Bama Fan said:

That will be interesting. The UK was one of the only EU members not to give up their national currency. Still, all the inter-workings of the banking system (which drives so much of this anyway) will be hard to undo.

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as will supply chains, etc.

Re: Brett Day - Article 50 officially invoked by the UK

92tide said:

as will supply chains, etc.

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Maybe we should just all take the mark and be done with it.

Re: Brett Day - Article 50 officially invoked by the UK

crimsonaudio said:

It's going the very interesting seeing if they are able to renegotiate all these trade deals within that two year window - I suspect there will be lots off political 'chicken' being played, seeing who will blink first. The EU is probably better built to withstand a lapse in trade with the UK than vice versa, which would, on paper, give them stronger negotiating leverage. But if both sides refuse to swerve, two years from now things will get VERY interesting...

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We've rescued the Brits before, I'm sure we'll do it again.

Re: Brett Day - Article 50 officially invoked by the UK

Displaced Bama Fan said:

We've rescued the Brits before, I'm sure we'll do it again.

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the way things are trending, im not sure we will have the ability to help

Re: Brett Day - Article 50 officially invoked by the UK

92tide said:

the way things are trending, im not sure we will have the ability to help

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Didn't you know we have The Federal Reserve and the magic printing presses?

Re: Brett Day - Article 50 officially invoked by the UK

crimsonaudio said:

It's going the very interesting seeing if they are able to renegotiate all these trade deals within that two year window - I suspect there will be lots off political 'chicken' being played, seeing who will blink first. The EU is probably better built to withstand a lapse in trade with the UK than vice versa, which would, on paper, give them stronger negotiating leverage. But if both sides refuse to swerve, two years from now things will get VERY interesting...

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Could be a marketing opportunity for someone

Re: Brett Day - Article 50 officially invoked by the UK

Maybe this is why the UK decided to leave the EU. It is run by morons:

http://www.express.co.uk/news/polit...-break-up-US-retaliation-Trump-Brexit-support

Say what you will about Trump, and I've said a lot, but this moron takes the cake. Does he not realize the USA is an actual country, and his organization is not?

Re: Brett Day - Article 50 officially invoked by the UK

TideEngineer08 said:

Maybe this is why the UK decided to leave the EU. It is run by morons:

http://www.express.co.uk/news/polit...-break-up-US-retaliation-Trump-Brexit-support

Say what you will about Trump, and I've said a lot, but this moron takes the cake. Does he not realize the USA is an actual country, and his organization is not?

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I think he's taking the "United States" part a bit too literally. But I honestly wouldn't expect someone from Luxembourg to understand anything about the U.S. or the people that make it up. He's mostly qualified to advise us on Luxembourg law.

Re: Brett Day - Article 50 officially invoked by the UK

Intl.Aperture said:

I think he's taking the "United States" part a bit too literally. But I honestly wouldn't expect someone from Luxembourg to understand anything about the U.S. or the people that make it up. He's mostly qualified to advise us on Luxembourg law.

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That's why I call him a moron. He does not know what he does not know, and he is too arrogant to realize otherwise.

Re: Brett Day - Article 50 officially invoked by the UK

Displaced Bama Fan said:

We've rescued the Brits before, I'm sure we'll do it again.

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Also don't forget that Britain hosts the world's 5 largest economy (unbelievable for an island that small) and the 2nd largest in all the EU next to Germany. crimsonaudio alluded to chicken being played and I'd say that's right. If the banking sector sacked up and held the line just long enough I'd imagine Britain could squeeze some decent deals out of the negations. From the sounds of it though, quite a few are already looking for higher and ground and the idea of unifying around a singular plan amongst such capitalistic enterprises is likely a pipe dream.

Re: Brett Day - Article 50 officially invoked by the UK

TideEngineer08 said:

That's why I call the EU morons. They don't not know what they don't not know, and the EU is too arrogant to realize otherwise.

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FIFY.
Still a 75% chance Britain put themselves in a no win situation, but I'd never count them out. While the EU is mostly composed of the same variety of politicians that make up the U.S. congress - that is to say self-serving, short-sighted philistines - the economic benefits of the EU are multitudinous. Britain has always been vastly different culturally to the rest of Europe. Blazing it's own path is nothing new. One can only hope they havent blazed a path off a sheer cliff.