Atilla
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Sorry Atilla but i have to disagree with you completely.
London is a financial powerhouse and much like Hong Kong and Singapore can stand on its own whether in the EU or not. The fact that the EU want to bring in the financial transaction tax would make the possibility of a EU City overtaking London impossible. Just look at what happened to trade flows in Sweden when they did it years ago: http://www.ft.com/cms/s/0/b9b40fee-9236-11e2-851f-00144feabdc0.html#axzz2zGZiKPE1
At the end of the day, the EU is bringing less and less to the table. We pay out £50m a day at the moment. By exiting the EU would we lose that much to exports? I'm not so sure. We certainly wouldn't lose out in the City. There is a reason so many French top earners have moved here in the last 3 years since they upped their taxes to 70%!
Maybe and maybe not. As soon as regulation and compliance is introduced - financial institutions have to do a lot of things they do not like to do, or would never do under normal circumstances.
Sweden is hardly an equivalent consideration. Iceland tried giving up fishing and all becoming bankers and look what happened to them. China has fostered and maintained link giving HK special status. HK and SGP are right next door to umpteen Asian tigers where much of global trade has/is swinging to.
The old banking model of self regulation is dead imo. In an increasingly small global world becoming isolationist and trying to do anything on ones own is very bad long term strategy.
Some may think the Dollar standard will never falter but I see it increasingly being questioned and challenged. The Iraq war and Bushes policies almost saw to the death of it. The future is not certain at all. Putin is proposing selling gas to China with anything but dollars.
Consider the Concorde, EuroFighter and EureSpace mission. Can the UK participate in any of those ventures on her own?
I see UKIP like the Green Party. Lots of good ideas but sort of a one trick pony. My vote would be for the Green Party. Rock on Brighton