The Scotsman
Well-Known Member
did you really....well.....who cares
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Brexit takes its toll
- Thread starter Walter
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FT about winners and losers and the brexit dividend:
Starcastle
Well-Known Member
Again the unemployment rate in the UK is 3.5% and it is 6% in the EU, 5.4% in Germany. It's 4.3% next door in Ireland which has been an enormous economic success story over the last 30 years. So where is all this damage?
tradingeconomics.com
www.statista.com
Let's not forget there are some dogs in the EU. Countries with 2nd rate economies. Also you do not need to be part of that common market to trade with those countries the UK can still do that. The EU buys $500B in goods from China every year just as North America does and they are dependent on foreign oil and gas.
United Kingdom Unemployment Rate - September 2022 Data - 1971-2021 Historical
The jobless rate in the UK fell to 3.5% in the three months to August of 2022, a new low since 1974, and below 3.6% in the previous period and market forecasts of 3.6%. The economic inactivity rate increased by 0.6 percentage points or by 252K to 21.7%, the most since records began in 1971...
tradingeconomics.com
Monthly unemployment rate in Germany 2021-2022 | Statista
In September 2022, the German unemployment rate was 5.4 percent, a slight decrease compared to the month before.
www.statista.com
Let's not forget there are some dogs in the EU. Countries with 2nd rate economies. Also you do not need to be part of that common market to trade with those countries the UK can still do that. The EU buys $500B in goods from China every year just as North America does and they are dependent on foreign oil and gas.
Starcastle
Well-Known Member
Interesting article. 1400 financial companies in the EU applying to do business in the UK.
www.business4beginners.co.uk
1,400 EU Companies Moving To The UK After Brexit
Over 1,400 EU-based financial firms have applied to operate in the UK after Brexit, with over 1,000 of these planning to establish their first UK office.
www.business4beginners.co.uk
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Starcastle
Well-Known Member
I'm going to use an American college football analogy that might apply.
In 2012 Texas A&M joined the Southeast conference. A brilliant move because it is the best conference in the country with the biggest stadiums. Since that move they expanded their stadium by 20,000 seats(82K to 102K). They increased their budget by 25% and started having regular top 10 recruiting classes something they rarely had in the Big 12 their former conference.
The genius of the move was that instead of being in a conference where they will always play 2nd fiddle to the University of Texas and have to compete with several Texas based team in the SEC they were the only Texas based team in the biggest conference and it made them special.
To be the only major economy in Europe that is not part of the EU makes the UK special. It gives them more flexibility. They are obviously drawn closer to the USA and Canada.
I'm sorry but I do not see how this hurts them. Given their unique history and their ties to the commonwealth of nations all over the world. We will see for sure in 20 years.
In 2012 Texas A&M joined the Southeast conference. A brilliant move because it is the best conference in the country with the biggest stadiums. Since that move they expanded their stadium by 20,000 seats(82K to 102K). They increased their budget by 25% and started having regular top 10 recruiting classes something they rarely had in the Big 12 their former conference.
The genius of the move was that instead of being in a conference where they will always play 2nd fiddle to the University of Texas and have to compete with several Texas based team in the SEC they were the only Texas based team in the biggest conference and it made them special.
To be the only major economy in Europe that is not part of the EU makes the UK special. It gives them more flexibility. They are obviously drawn closer to the USA and Canada.
I'm sorry but I do not see how this hurts them. Given their unique history and their ties to the commonwealth of nations all over the world. We will see for sure in 20 years.
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