Boris Johnson wins contest to be United Kingdom’s new prime minister

The EU is doomed. It can’t exist for much longer in current form. It will either become a true federation (with significant loss of suverenity) or it will fall apart. With Britain getting out now it is setting itself free before EU runs out of time. I think it will be a good thing.

 

Temporarily at most.

 

If he has a vote in Parliament, I don't think Boris makes it. If he has another referendum, I think Brexit loses. If he holds an election, he has a chance. If he prorogues Parliament until the clock runs out and the UK crashes out of the EU, I think all hell might break loose.

 

I don't think the common market is doomed, but the Euro may have a short life.

 

We'll see. I'm not running with the pessimists and the people who want Brexit to fail, but I think it's safe to presume that different sectors of the economy will respond differently.

Like I said earlier, a lot of Brits are aware that there may be negative economic consequences to reasserting their sovereignty and that's a price they're willing to pay. Good on them - some things are worth more than money.

And since this thread is about the new PM, I think good leadership is going to be crucial, and Johnson appears to be the right man at the right time. If the UK is going to leave, an enthusiastic Brexiteer who wants to make this work is precisely the leader it needs.

 

The Euro was, and is, one of the biggest mistakes ever made. How it will ever get changed/replaced is hard to see though.

 

I think you mean his end.

 

Who will give the UK a trade deal where it has guaranteed preferred access to a market the size of the EU? No one.

 

Why even point to the Germans? Your country went through hell in WWII and you all pulled through.

I've been saying this for a long time and I'll say it again - the Brits have been through much worse than anything they're facing with Brexit. It's natural to be apprehensive about change and economists and people working in the financial sector get unglued at the slightest wiff of uncertainty. I wouldn't pay the fearmongerers any mind - listening to them isn't going to do any of you a damned bit of good.

 

I explain it to you again, I am a person a patience, 42% of UK industrial production and service goes into the EU. Many companies from none EU countries settled in the UK because of the aces to the EU and naturally its over 70 trade agreements.
Hard Brexit, adios free trade aces to the EU and its over 70 trade agreements.
Car manufacturers, Japanese, Korean and so on will relocate and are already doing so, same for Banks, same for Air Lines.
20% of the UK industrial output goes to countries with which the EU has trade agreements, Hard Brexit adios.
UK farmers are under the protection umbrella of the EU and financed by the EU, Hard Brexit adios protection.
What the UK can not produce itself, it has to import and does so from the EU without tariffs.
What do you and I see in the US, massive price increases, because of the tariffs, we the consumer get hammered. I have up to 50% price increases on spare parts and machines for my business, have you been to the grocery store lately?​

 

That goes both ways, Langley - the EU is going to lose preferred access to the British market, too.

I've expected nothing but a hard Brexit from the start and perhaps after its finally done and reality sets in more reasonable minds will see the wisdom in working something out that is mutually beneficial to both sides. If not, they go back to WTO rules - it's not going to be the end of the world.

 

Add to the EU market all the trade deals the EU has.

 

Whatever this means.

Worth more to whom? Older Brits, many retired, others close to their pension, who figure they'll suck up government benefits that pissed off younger Brits will keep supporting as their living standards decline?

Younger, urban Brits don't want out of the EU. They like the more robust economy. They like being able to live and work anywhere in the EU.

We shall see if Boris can lead. I wouldn't bet on it.

 

Dreaming of marching again are you?

Wir stellen den britischen Löwen,

Zum letzten entscheidenden Schlag.

Wir halten Gericht,

Ein Weltreich zerbricht.

Das wird unser stolzester Tag!

Last time you raised the wind and inherited the whirlwind.

 

I get the impression our German friend is angry with the UK because his country won't be able to boss the Brits around anymore. Kinda like how our progs are angry that they can't boss us around anymore.

If power-hungry control freaks spent more time and effort controlling their own lives and less time trying to control other people's lives the world would be a much better and happier place...

 

They'll probably give the Brits a free trade agreement, but not a customs union without the UK making significant concessions Brexiters can't abide.

The WTO? So, Canada and China will have better access to the EU than the UK?

 

Leaving the Euro will be a choice for weaker southern European economies that will benefit from being able to devalue, but suffer from having their existing and likely their debt denominated in Euros,

 

I'm amazed that this needs explaining to you.

Oh, the doom and gloom. How did our former colonial masters get by for thousands of years without the EU...

Of course, you wouldn't bet on it, but the fact is Boris wouldn't be where he is today if he couldn't lead, and as I said earlier I think the Brits are better served by a leader like him than someone like Theresa May or David Cameron.

 

Greece can borrow money for 1.2%, because of the Euro.

 

Boris is the last live line of a party in decline, nothing more.
The UK is not any more a world spanning empire, just one of those small European countries, like Germany or France and neither of those countries are stand alone countries.
Take a look at the UK before it joint, the worst economy in Europe, made even Greece look good.

 

The lower growth for Germany is temporary and their long-term growth is much higher than 0.7%.

 

Right. Stay is the Euro Zone, service existing and future debt for less; drop the Euro, devalue, and kickstart economic growth with a figurative collective pay cut.

 

True. The best would be for Germany to leave and re-issue the DM, which would likely appreciate by 25/35% versus the rate they joined at and rectify the competitive situation. Not going to happen though.

 

I think they'll get something hammered out eventually, but it might take a hard Brexit to focus everyone's attention.

 

It was not much of a contest. The task of choosing the PM was up to his own party and everyone knew they would pick him. He is a clown who deliberately ruffles his own hair to look even more foolish. Ironically he supported Brexit only because he assumed it would fail, but the debate and the overall situation would improve his own position.