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The future of the EU without the UK

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Comments

  • #32
    Rightwing
    Closed Accounts Posts: 8,101 ✭✭✭Rightwing


    murphaph wrote: »
    The DM was strong for most of its history and Germany still managed to export stuff people wanted to buy. That's why they are less dependent on the EU than us and most of the other members.


    But it would be become so strong, the price of their premium cars for instance would become unaffordable in many markets. Germans have managed their economy exceptionally well, but they have done really well from the Euro, and to their credit they have admitted this.
    Are the Italians dependent on the EU, surely a weak lira would work in their favour ?


  • #33
    murphaph
    Registered Users, Registered Users 2 Posts: 18,991 ✭✭✭✭murphaph


    Rightwing wrote: »
    But it would be become so strong, the price of their premium cars for instance would become unaffordable in many markets. Germans have managed their economy exceptionally well, but they have done really well from the Euro, and to their credit they have admitted this.
    Are the Italians dependent on the EU, surely a weak lira would work in their favour ?
    Germany has done well from the effective devaluation they had by joining the Euro, but there was enough demand to sustain the Wirtschaftswunder and beyond, even when they had their own strong currency.

    People still bought premium German products, despite the price.

    Do you believe that Germany is more, less or equally dependent on the EU as we are?


  • #34
    Rightwing
    Closed Accounts Posts: 8,101 ✭✭✭Rightwing


    murphaph wrote: »
    Germany has done well from the effective devaluation they had by joining the Euro, but there was enough demand to sustain the Wirtschaftswunder and beyond, even when they had their own strong currency.

    People still bought premium German products, despite the price.

    Do you believe that Germany is more, less or equally dependent on the EU as we are?

    I would say they are far less dependent on the EU than we are. I struggle to see an economy that benefits from it as much as we do.


  • #35
    loyatemu
    Registered Users, Registered Users 2 Posts: 15,647 ✭✭✭✭loyatemu


    Tayschren wrote: »
    Should we now learn german or french?

    Yes - there's a fair chance Brexit will make it more difficult for Irish people to work in the UK (though it might not be a huge difference given the historical links); it will almost certainly make it more difficult for Irish students to study there.

    We should be teaching European languages at primary schools and aiming to have more of our school leavers proficient in a European language. If only there were one or two other subjects we could reduce to make space...


  • #36
    Tayschren
    Closed Accounts Posts: 186 ✭✭Tayschren


    loyatemu wrote: »
    If only there were one or two other subjects we could reduce to make space...

    Religion and Irish for example


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  • #37
    Sam Russell
    Moderators, Science, Health & Environment Moderators Posts: 20,376 Mod ✭✭✭✭Sam Russell


    Germany need immigrants - particularly young, well educated ones.

    German cars are not necessarily manufactured in Germany.


  • #38
    RDM_83 again
    Closed Accounts Posts: 4,116 ✭✭✭RDM_83 again


    There have been a few articles highlighting the changes to the voting dynamic within Europe that Brexit will bring about (including one in the Financial Times I now can't look at :( )
    In essence the loss of the UK will likely tilt the voting in favour of the more protectionist countries and allow the pushing through of measures under the Qualified Majority Voting, with the likelyhood that France will soon elect an at least slightly more protectionist leader the economically liberal world view of countries like the Netherlands, Ireland and to some extent Germany will become at risk of being curtailed.


  • #39
    Rightwing
    Closed Accounts Posts: 8,101 ✭✭✭Rightwing


    RDM_83 again wrote: »
    There have been a few articles highlighting the changes to the voting dynamic within Europe that Brexit will bring about (including one in the Financial Times I now can't look at :( )
    In essence the loss of the UK will likely tilt the voting in favour of the more protectionist countries and allow the pushing through of measures under the Qualified Majority Voting, with the likelyhood that France will soon elect an at least slightly more protectionist leader the economically liberal world view of countries like the Netherlands, Ireland and to some extent Germany will become at risk of being curtailed.

    Hopefully Fr/Italy will vote to leave. Big money to be made then.


  • #40
    RDM_83 again
    Closed Accounts Posts: 4,116 ✭✭✭RDM_83 again


    Rightwing wrote: »
    Hopefully Fr/Italy will vote to leave. Big money to be made then.

    Big money by who?


  • #41
    Rightwing
    Closed Accounts Posts: 8,101 ✭✭✭Rightwing


    RDM_83 again wrote: »
    Big money by who?

    Anyone who is intelligent. There will be widespread panic so short sell the market, particularly weak financial institutions.
    Macron will probably win in Fr though.


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