|
|
Here is why. We need access to the single market without trade barriers or restrictions. We have been trading for 40 years like this
That requirement is non negotiable for England it has to happen life or death for the economy to survive
Trade barriers are put in place the day after England leaves the EU
So what is the trade barrier. Every car made in the midlands costs 10% more now. An organisation is not going to meet that extra cost when it can move its operations into Europe without the cost, so factories will move and people will be unemployed
So that's manufacturing what about service industry that operate from London?
They can't sell into europe without a permission into the market. So they need access to the single market. Without it they simply can't do business so they stop trading the day after we leave the EU and these people instead of sitting at their desks twiddling their fingers, are also unemployed now
With the loss of companies and people earning taxes, the government in turn has less income coming in. How does it pay for itself? It owns loads of money at the moment so it's going to have to borrow more or raise taxes. Raising taxes means people still employed have less money to spend now. Borrowing more is not an option as eventually the interest rate payments become so much,it can't survive. Does the government go bankrupt like Greece, yes the chance is there for large borrowers
Because England doesn't have access to the single market, the day after it comes out of Europe, means firms no longer want to invest in England. They don't want to create new factories or service industry because they have to pay more to the Europe market so they'll choose to locate in Europe which is the larger market instead
This in turn means less money coming into the government
The EU currently has about 50 trade agreements with other countries that England is going to have to replicate in some way. Effectively trade agreements have been outsourced to the EU experts in this area for 10 billion a year, which is a good deal
The argument was we can set up trade deals of our own. Isn't 50 different countries enough with more to come?
So, leave campaigners are now saying we can keep access to the single market by negotiating with the EU. Well look at the success Cameron has had over the years and from news stories today, the EU are not that open for negotiations here
How about the Norway model then. They can access the single market but must allow free movement of EU citizens
So, a new prime minister will come in, the main parties of Tories, labour and liberal who currently realise the EU deal is amazing for us, will realise that a new election is required because we have to tell people in order to avoid crashing the economy indefinitely, we have to allow EU citizens free movement into England which is against what 52% of the country has voted for
UKIP however will promise the electorate what the leave campaign said, stop immigration and leave the EU
So all the people who are overjoyed that they have their England back and Independence Day, will vote ukip, and make them the major ruling power
Hence England's economy will be on the rocks, unemployment will soar, racial hatred will increase, EU subsides to poor areas stop, subsidies to scientists form the EU stops, new universities built by EU money will stop. The government can't step in and replace this money as it owes too much money itself. Trade barriers are in place with Europe and London stops trading, manufacturing declines |
|
Author: The Dark Horse
26-11-2019 03:01:54