EU will be gone in 5 years.

If done mutually, then Britain would effectively be free of EU regulation and EU state law.

Immigration would no doubt be the first issue tackled. Borders would be re-introduced.

On joining the WTO, we would be able to set up our own trade deals without being EU regulated

British agriculture would see a positive impact. No longer will farmers be undercut by produce and dairy imported mainly from Eastern Europe.

Scotland and Wales will no longer seek independence. They relied on an EU foundation to hold onto but with that gone, the UK is their only method of prosperity (not that leaving would make them prosperous)

The Euro would be hurt, and the pound would most likely increase in value until things level out again.

There would be court reform. No doubt the demise of the EU will see the demise of EU convention and courts of Human Rights in the UK. This is because as an EU signatory we are obliged to sign up to both of these. With no EU, we can leave them straight away.

A British bill of rights will be drawn up.

It will be a poor day for those tax avoiding idiots. Tax avoidance has spiked under the EU. Without the EU, companies can not settle in an ( a former) EU member state while claiming the tax rates from another (former) EU member state.

Industry will rise in the UK, especially that in the working class sectors. EU regulation saw the closure of multiple factories across Britain. They can all be revived.

What makes you think that? If we want to trade with the EU we must conform to their laws and standards. There are whole rafts of Chinese law that implement EU directives for example. Why would we be free of the same laws? The only difference of being out is that we would no longer have a say or veto in those laws.


We already have borders and custom controls. Last year they allowed 200,000 non-EU migrants to come here. When the government clamped down on this, returning holiday makers had to wait 6 hours to get through customs. There was a massive fuss and the checks were stopped. What makes you think a Britain free of Europe could do any better? Have you travelled to the US recently? It is a nightmare once you land. Do we really want to send a message to the world that we are closed for business?


We are already members of WTO (https://www.wto.org/english/thewto_e/whatis_e/tif_e/org6_e.htm)
We can already set up our own trade agreements with non-EU countries. But if we wanted to sell into Europe, we would be bound by the same rules we are currently bound by.


Why? At present, farmers are subsidised by the CAP. Without that, they would lose much of their income. And they would still be competing against cheap imports unless the UK government levied an import duty. But why would British consumers want to pay more for food just because it was farmed in the UK? It would be for the UK government to subsidise if they felt it worthwhile but if leaving the EU is about saving £20 billion, voters might not be so excited if most of that went to our farmers.


This is just wrong. Scotland are fiercely pro-European. If Britain were to leave the EU it would only be a matter of time before Scotland held a new referendum (which they would win - especially as Trident has poked its head up again) and look to join the EU directly.


Which would be terrible for British exporters.


There are no UK court of human rights. The EU directive on human rights has been implemented as part of British law. It would have to be repealed first. What UK citizen's would lose is the right to appeal to the European Supreme Court.


Which would sadly, be a watered down version of the current legislation. Meaning fewer rights for we mortals.


Of course they can. The Cayman Islands (popular tax haven) has nothing to do with the EU. We would have to implement our own tax laws though and of course there is nothing to stop the EU implementing their own rules which British companies would have to abide by in order to do business with the EU. Naturally we would have no say or veto in these rules.


Industry in working class sectors will only rise if we devalue wages to the point where we can compete with Indian and Chinese workers who are paid about a 5th of our minimum wage. Again, nothing to do with the EU. However leaving the EU will create a lot of uncertainty in business. Companies may well decide to mitigate the risk of uncertainty by moving to the EU zone, if not in full, at least their HQ which means the British loses all that corporation tax.

x

So what if the we leave the EU, then a couple years later the EU itself breaks apart?

Why would it break up?

Because nobody can compete with Germany exporting over 50% of its GDP and sucking their economies dry.

And how would that problem be solved by leaving the EU?

Well you leave the EU and the common market the Germans can no longer freely export into your nation. So allowing your companies to compete with the Germans in your own nation. So your economy is stronger.

Ah - I see. And what about all the voters in the country that left the EU who wanted to buy BMWs and Mercedes. They are going to be a bit peeved if they have to settle for a Trabant.

I believe there are countless examples of how protectionism is detrimental to an economy. For one, we don't have any BMW or Mercedes factories in our country for example so people would presumably just have to do without?

Interesting discussion on it here:
https://en.wikipedia.org/wiki/Protectionism

They will have to pay for them.

Protectionism is meant to protect employment and strengthen your nation compared to another. If you are a weaker nation and find it impossible to compete with another, and you have 15-30% unemployment then protectionism is your only option. Sure free trade works great for the US, British Empire and Germany, but it is terrible for smaller nations and even bigger less competitive nations. Germany is sucking France, Italy, Spain dry, and maintaining its employment. Those there nations can only take it for so long before they want to leave the common market.

Nah - I don't go for that argument. If other countries want to compete with Germany then they need to reform and become competitive. Just look at China and India. They can compete because wages are so low. It has decimated our own widget making industries but we have fought back by manufacturing the high end high margin stuff. As a result, we export more per capita than at any time in history.

But the idea that if Spain were to leave the EU they could somehow compete with Germany on different terms - yeah right!

What regulations are these that allow Germany to succeed when everyone else loses? I thought the same regulations were applied to all Eurozone countries. That is after all the whole point of the EU - to offer a level playing field for everyone to compete equally on.

I am also confused by your statement that Germany is sucking the life out of France, Italy and Spain. According to this, they are all in the top 6 countries by GDP along with the UK and Russia and have been for at least the last 5 years.

https://en.wikipedia.org/wiki/List_of_sovereign_states_in_Europe_by_GDP_(nominal)

The EU will be gone in 5 years. So how will it change Britain when the EU no long exists? How will our laws change and how will power within the nation change?

Because the regulations are Germany standard regulations.

The EU will be gone in 5 years. So how will it change Britain when the EU no long exists? How will our laws change and how will power within the nation change?

Because the regulations are Germany standard regulations.