Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Theresa May has come under mounting pressure from business and pro-EU Conservatives to ensure Britain does not crash out of the bloc without a trade deal.
The British Chambers of Commerce called on the prime minister to delay the point of exit from the EU if necessary to give her time to secure a free-trade agreement that would maintain strong access to the single market.
George Osborne, the former chancellor, also weighed in when he said that quitting the EU without a trade deal would amount to “the biggest act of protectionism in British history”.
Mrs May said in January that she would be prepared to take Britain out of the EU without a trade agreement if her European counterparts demanded unacceptable terms. Although she was confident of securing a good deal, Mrs May’s assertion that “no deal for Britain is better than a bad deal for Britain” has alarmed pro-Europeans, including former prime ministers Sir John Major and Tony Blair.
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,049 since Dec 2013
Thanks Given: 4,384
Thanks Received: 10,206
I find that a little like saying "well if we do leave Europe we still want to keep all the things we had when in it". Well in that case you shouldn't be leaving!
I've got to say, I find myself in agreement with Blair's recent sentiment on the matter. It seems the UK is headed down this "let's just get on with it" attitude without properly considering pros and cons.
Really disappointed with the new PM. Being prepared to have a 'no deal' means that the UK might eventually be significantly worse off.
If I were a EU leader I would not want to give the UK relatively too good terms: it'd clearly send a signal to other member states that it's pointless to stay in.
John Major said it today - whatever deal it will be, it can't be better than what it is now. And it won't be the same either.
But May shouldn't be making it so much worse. And several critics think that's where she's headed.
So, on one hand I agree with those who say "the people have spoken, now we have to deliver Brexit", but on the other hand the people have not spoken on what the terms are.
There is also the argument that a portion of the voters may have regretted their leave vote, but I have no evidence of how significant that is. But if it were significant, shouldn't the UK as a whole have a right to rethink this?
It's also to avoid regional partitions thoughts: if UK can leave easily why not split Belgium in two, Italy and Spain in 3 or 4 parts, etc.
I'm afraid (for UK) it's going to be an hard Brexit.
I think its pretty significant talking to friends and family back home.
I was talking to a Wiltshire friend, a squaddie then truck driver type, super pro-Brexit before and I was surprised to hear him say (work out himself anyway) to the effect "What worries me is Trump is certain to make a war with some misfortune b******s as wartime leaders always get re-elected. Britain will have to side with him (being dependent on US trade?) but this time the young lads (British army) will be nothing more than out-and-out murders for his personal benefit".
I do wonder if a version of this is on Blair's mind. Civilisation is more fragile than people think and much of the reason the EU was formed. Ask a Croatian if they saw the Balkans war coming.
Anyway, my point if any is he and several others I know have significant "Bregret" levels and climbing. I'm just wondering now who the war will be with.
is he and several others I know have significant "Bregret" levels and climbing. I'm just wondering now who the war will be with.