I agree with the POV of Soros:“Instead of a multi-speed Europe, the goal should be a ‘multi-track Europe’ that allows member states a wider variety of choices. This would have a far-reaching beneficial effect.” EU is also too much about hugely overpaid politicans who only care about their personal benefits. Many of them even have no clue about economics as most of them are lawyers. If the EU collapses it will not be because of the Brexit.
IMO, this has greatly decreased the chance of the current Marxist Labour Party coming to power in a future election. Which makes the UK and London very attractive for foreign investment. Despite Brexit lol!
Maybe the FT has been reading my posts too! https://www.ft.com/content/cb1beb94-306e-11e9-8744-e7016697f225 EU fund managers are up in arms over EU rules which would force them to trade dual-listed shares on uncompetitive EU exchanges after Brexit if the Commission refuse to give them access to London after Brexit. The German Investment Funds Association said that “without equivalence granted to UK trading venues, we see the real possibility of EU27 fund managers locating operations in the future in the UK”. Presumably they would have to shift a few trillion in assets here too. So Japanese car makers out, EU fund managers in. Hey-ho....
The UK is the largest internal buyer in the EU. Trade deficit with Germany approx $50bn and with Netherlands $40bn. No Deal Brexit will be bad for the UK, especially in the short term. But it would be even worse for the EU. Italy already in recession, Germany and the NL clearly would follow by year end. Real risk a No Deal exit plunges the entire Eurozone into recession...
Brexit Vote British Prime Minister Theresa May has delayed a key vote on her Brexit deal that was scheduled for this week. She now wants lawmakers to vote on the deal as late as 17 days before the Brexit date, which is currently just under five weeks away. Opposition leader Jeremy Corbyn says she is "recklessly running down the clock to force MPs to choose between her bad deal and a disastrous No Deal." CNBC
The theatre is coming to an end! May accepts 2nd referendum and UK votes to stay in EU! No way stayers lose 2nd vote Sugar Daddy ECB will keep buying there corporate debt so BoE doesn't have an inflated sheet, Brexit will never happen... Visaria and the Brexit believers got fooled from day one