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(Global Geopolitics)   Britain comes up with "Brexit" contest to generate ideas on how to best economically leave the EU. First place receives a Mr. Bean DVD collection   (glblgeopolitics.wordpress.com) divider line 23
    More: Interesting, DVD, Britain, single market  
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536 clicks; posted to Business » on 17 Jul 2013 at 10:34 AM (39 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



23 Comments   (+0 »)
   
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2013-07-17 10:38:41 AM
What is the difficulty?  They are not on the Euro, why can't they just say "I'm done, see ya biatches!"?
 
2013-07-17 10:41:09 AM
And by "Britain", subby means "a half brained think tank".
 
2013-07-17 10:46:02 AM

EvilEgg: What is the difficulty?  They are not on the Euro, why can't they just say "I'm done, see ya biatches!"?


They still need a market in which to buy and sell goods, not to mention tourism and things like that facilitated by the Euro.
My first guess would be the Empire they had at one point, getting the Commonwealth back together, but I don't know the Commonwealth nations' feelings on the matter. Canada and Australia seem comfortable with the monarchy, but an economic union is a different pill to swallow. Might be a good diplomatic task for the Royals, if only to put on Elizabeth's tomb "Lost the Empire, got it back."
 
2013-07-17 10:46:50 AM

Sergeant Grumbles: facilitated by the Euro.


EU, rather.
 
2013-07-17 10:53:23 AM
Treat it like that three-wheeled car and just bump it right out of the parking space.
 
2013-07-17 10:57:14 AM
Sink beneath the ocean
 
2013-07-17 11:22:07 AM
Second prize?  A set of steak knives
 
2013-07-17 11:26:21 AM

Sergeant Grumbles: My first guess would be the Empire they had at one point, getting the Commonwealth back together,


Yes, because when your rapist wants you to come back for more "alone time", you queue up for that action tout suite
 
2013-07-17 11:34:20 AM
Electrify the English Channel
 
2013-07-17 11:43:24 AM

phalamir: Yes, because when your rapist wants you to come back for more "alone time", you queue up for that action tout suite


And the EU could never work because France and Germany are mortal enemies, amirite? Gotta move on eventually.
It's not like Britain is turning up and saying "Guess what? You're colonies again." The Commonwealth of Nations is already a thing, and would be one of the more logical options to pursue for binding together an economic zone.
 
2013-07-17 11:50:28 AM
Also:

The Commonwealth covers more than 29,958,050 km2 (11,566,870 sq mi), almost a quarter of the world land area, and spans all the continents. With an estimated population of 2.245 billion, almost a third of the world population, the Commonwealth in 2012 produced a nominal gross domestic product (GDP) of $9.767 trillion, representing 15% of the world GDP when measured in purchasing power parity (PPP). This represents the second largest nominal GDP and GDP PPP in the world.
Member states are seeking to establish a Commonwealth Union (CU) through the creation of a free trade area, visa-free travel area, common foreign policy and representation at the United Nations and Group of 20. There is significant support in the United Kingdom for a CU as an alternative to its membership in the European Union.
 
2013-07-17 11:59:06 AM

Sergeant Grumbles: Also:

The Commonwealth covers more than 29,958,050 km2 (11,566,870 sq mi), almost a quarter of the world land area, and spans all the continents. With an estimated population of 2.245 billion, almost a third of the world population, the Commonwealth in 2012 produced a nominal gross domestic product (GDP) of $9.767 trillion, representing 15% of the world GDP when measured in purchasing power parity (PPP). This represents the second largest nominal GDP and GDP PPP in the world.
Member states are seeking to establish a Commonwealth Union (CU) through the creation of a free trade area, visa-free travel area, common foreign policy and representation at the United Nations and Group of 20. There is significant support in the United Kingdom for a CU as an alternative to its membership in the European Union.


Those numbers are a bit lopsided. I don't see any way in which India would join themselves at the hip with Britain, and India is responsible for almost all the impressiveness of those numbers.
 
2013-07-17 12:06:20 PM

Sergeant Grumbles: Also:

The Commonwealth covers more than 29,958,050 km2 (11,566,870 sq mi), almost a quarter of the world land area, and spans all the continents. With an estimated population of 2.245 billion, almost a third of the world population, the Commonwealth in 2012 produced a nominal gross domestic product (GDP) of $9.767 trillion, representing 15% of the world GDP when measured in purchasing power parity (PPP). This represents the second largest nominal GDP and GDP PPP in the world.
Member states are seeking to establish a Commonwealth Union (CU) through the creation of a free trade area, visa-free travel area, common foreign policy and representation at the United Nations and Group of 20. There is significant support in the United Kingdom for a CU as an alternative to its membership in the European Union.


Generally it isn't great for areas with significantly different average income/productivity/PPP to join in an economic union - even the EU obviously stretches it to breaking point and there is generally a lot closer levels between most countries in the EU than between countries in a potential CU. Policies that work for Germany/France might be bad for Greece and Spain, or vice versa, and this would be even more problematic between the UK/Canada/Australia and some of the African or Caribbean nations for example. I mean you can see some of the same effect in most countries - policies that help a booming London/Southeast grow even faster have often left areas of the ex-industrial north of England foundering in the past.
 
2013-07-17 12:31:47 PM

Lost Thought 00: Those numbers are a bit lopsided. I don't see any way in which India would join themselves at the hip with Britain, and India is responsible for almost all the impressiveness of those numbers.


xria: Generally it isn't great for areas with significantly different average income/productivity/PPP to join in an economic union - even the EU obviously stretches it to breaking point and there is generally a lot closer levels between most countries in the EU than between countries in a potential CU. Policies that work for Germany/France might be bad for Greece and Spain, or vice versa, and this would be even more problematic between the UK/Canada/Australia and some of the African or Caribbean nations for example. I mean you can see some of the same effect in most countries - policies that help a booming London/Southeast grow even faster have often left areas of the ex-industrial north of England foundering in the past.


Didn't mean to sound like it was all going to be sunshine and rainbows, just that if they already have the groundwork of a global union, they'd be foolish not to look into it. All I meant was that was the direction I thought they'd go.
 
2013-07-17 01:22:31 PM
Why did the EU expand so quickly? Germany being the lender to France and Spain is one thing, but Germany being the lender to Greece and every tiny country to their south and east that shouldn't have been allowed to join is another thing.
 
2013-07-17 01:44:47 PM
Because he who Brexit buys it?
 
2013-07-17 05:15:39 PM
I gather that if the UK leaves the EU, they'd join EFTA instead, thus still having a market to trade with.

As to why they'd leave, I go with "because we're clueless rightwing morons who have a massive inferiority complex towards Germany".
 
2013-07-17 06:23:19 PM

phalamir: Yes, because when your rapist wants you to come back for more "alone time", you queue up for that action tout suite


That's not how the Commonwealth views the mother country.

/shared culture and heritage
//got our own Games and everything
 
2013-07-17 08:03:01 PM

Sergeant Grumbles: EvilEgg: What is the difficulty?  They are not on the Euro, why can't they just say "I'm done, see ya biatches!"?

They still need a market in which to buy and sell goods, not to mention tourism and things like that facilitated by the Euro.
My first guess would be the Empire they had at one point, getting the Commonwealth back together, but I don't know the Commonwealth nations' feelings on the matter. Canada and Australia seem comfortable with the monarchy, but an economic union is a different pill to swallow. Might be a good diplomatic task for the Royals, if only to put on Elizabeth's tomb "Lost the Empire, got it back."


Britain traded quite happily with the then EEC (before it changed into the EU) before it joined. Why wouldn't they be able to trade after they left?

You think companies like Mercedes, BMW, VW, Renault and Fiat, to name just car companies, would let trade barriers spring up that would shut Britain off from their exports?
 
2013-07-17 08:33:33 PM
OK, let's get one thing straight- the Commonwealth of Nations is not, and never will be, a common trade organisation. That's not the idea of the thing, and if it was, more than half of the members simply wouldn't be there. I'm not particularly against the UK opting out of the EU/Eurozone/etc. wholly or in part, but people need to stop pretending that the old empire is an alternative. The UK would do pretty well out of bipartite trade agreements with other countries and zones, though there would be some pain from having to deal with European tariffs as an outsider, rather than as a member of the same club.
 
2013-07-17 11:46:40 PM

Smelly McUgly: Why did the EU expand so quickly? Germany being the lender to France and Spain is one thing, but Germany being the lender to Greece and every tiny country to their south and east that shouldn't have been allowed to join is another thing.


Because the plutocratic elites in the EU made a killing flipping real estate every time another country joined.
 
2013-07-18 05:29:11 AM
Dump all foriegn Tea crates into the sea
 
2013-07-18 05:30:06 AM

diaphoresis: Dump all foriegn Tea crates into the sea


foreign*
 
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