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Old 06.07.2016, 19:46
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amogles amogles is offline
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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I generally agree, but the increased profits will go to (and be taxed in) Germany and elsewhere, that's why ownership is important.
Not any more. Big corporations are not patriotic. They take their profits where they incur the lowest taxes.


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The jobs are in the UK already so at best no change by Brexit, at worst a move of the jobs to EU territory with the next major company reorganisation. Delays at the border/customs may make Just In Time and Lean Manufacturing impossible, and if EU decides that UK components are to be tariff'ed they may well become uncompetitive despite the lower pound.
Big corporations have amazing lobbying power. It's much cheaper to buy a politician than to relocate a plant. The political machine will make sure there are no long queues at border crossings. At least not longer than they are already.

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From an EU perspective, the UK is no longer "us" since the Brexit. There's no particular reason anymore to play nice.
The EU hasn't exactly played nice with the Uk, er, ever. But they have mostly played civil and it is in their mutual interest to continue to do so.
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