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Skybird · 01-31-20, 09:39 AM

And another opinion piece in the same newspaper, Focus. Again I agree with the author obviously.

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The Brexit is coming. The uncertainty of the past three and a half years has turned into certainty. In line with Boris Johnson's slogan, the German economy is now getting brexit done. The economist Dr. explains which changes Germany should adjust to. Daniel Stelter.

First of all: I am not a friend of Brexit. I think Brexit is very unfortunate - especially from a German perspective. Nevertheless, the most important finding is to be accepted, namely that Brexit is of great importance for Germany and will probably not lead the British to disaster in the long term. With all concerns, there are also many signs that Brexit can become a successful model for Great Britain.

The super state in Brussels is perceived as not only democratic on the British island. With Brexit, London can set itself apart in regulatory terms. The economic outlook is not too bad: Britain's economy has grown faster in recent years than Germany's, for example. Great Britain benefits from the fact that it is home to the world language and is therefore attractive to qualified immigrants. Great Britain also has excellent universities and outstanding schools, especially in the private sector. London has a very lively start-up scene. Combined with simple rules for setting up a company, less bureaucracy and competitive tax rates, the Brexit can be a relief. Certainly not in the short term, but in the long term it is.
Germany has a lot to lose

Against this background, the countries of the European Union, especially Germany, have a lot to lose. This is especially true if it is not possible to sign a contract in good time for future relations between the EU and Great Britain. Boris Johnson has a clear idea of when this free trade agreement will be closed by the end of 2020. His negotiating position is stronger than most mainland citizens believe. I am convinced that there must be a contract between the EU and the UK.

Great Britain is a large sales market and if this sales market ceases to exist, the EU will be hit very hard and Germany will be hit particularly hard. We Germans alone export goods worth 85 billion euros to the UK. The German automotive industry plays a large part in this, as it has to fight hard for its supremacy after the diesel scandal and overslept electromobility. British tariffs would be another fiasco for German car manufacturers. After all, Great Britain is the second largest export market in the world for them. But not only Germany would suffer damage without a contract. Britain's economic power is just as great as that of the 20 smallest EU countries. Hardly any country can do without this partner, issues relating to fishing rights, trade and the exchange of services are far too elementary.

It is time for Germany to show its colors. Within the EU, Germany has often been hiding behind Britain in recent decades, in the expectation that the British will stop making unpleasant decisions. Contrary to its tradition, Germany must now clearly and clearly stand up for its own interests. The Lisbon Treaty establishes quorums so that neither the northerners nor the southerners have a majority. With the UK's exit, it will be possible for France, Italy, Spain and Portugal to prevail against the Netherlands, Germany and Sweden. We will already experience the new balance of power in the forthcoming EU budget negotiations.
Boris Johnson could quickly face a hard Brexit

The withdrawal agreement for the island nation initially provides for a transition phase of one year, but can be extended again from December 31, 2020 to December 31, 2022. Boris Johnson should not want this. He is more likely to face a hard Brexit than a scenario to make concessions in the negotiations. The short deadline is packed with important points, because by the end of the transition phase it is important to agree on a trade agreement, regulate long-term relationships and avoid customs duties wherever possible.

There is a lot for Europe: According to an analysis by the Kiel Institute for the World Economy (IfW), the United Kingdom could impose significant tariffs on goods imported from the EU without a free trade agreement. According to the latest calculations, this would be 49 billion euros for 2018. There would then be no secure framework conditions for services. In particular, financial services could no longer be offered to one another. On the other hand, Brussels would only receive EUR 6.7 billion in taxation of British imports. Such a situation would have a clear winner and that would not be the European Union.
The EU is tough on its interests

The EU is tough on its interests, as Ms. von der Leyen said recently. In a lecture at the London Stock Exchange in London, she said: “But the truth is that our partnership cannot and will not be the same as before. And it cannot and will not be as narrow as it used to be - because every decision has consequences. With every decision comes a compromise. Without the free movement of people, there can be no free movement of capital, goods and services. Without a level playing field in the areas of environment, labor, taxes and state aid, you cannot have high quality access to the largest single market in the world. The more differences there are, the further the partnership must be. And without extending the transition period beyond 2020, you can't expect to agree on every aspect of our new partnership. We will have to set priorities. The objectives of the European Union in the negotiations are clear. We will work for solutions that preserve the integrity of the EU, its internal market and its customs union. There can be no compromises here. "

French EU negotiator Michel Barnier said right at the beginning of the year: “Nobody, nobody should doubt the Commission's determination and my determination to continue to defend the interests of EU27 citizens and businesses and to defend the integrity of the internal market. (...) ".

From the UK's perspective, there can be no interest in accepting all the EU rules, as the President of the Commission envisages, because then you could have stayed in the EU. For the British, above all for Boris Johnson, the attraction lies in the fact that they differ positively: different and less regulation, autonomy with immigration, cheaper taxes etc. Boris Johnson will continue the successful strategy of the past few months. He strengthens his negotiating position and now has a large majority in parliament. His threat of a hard Brexit is therefore realistic.

Still, we should be grateful to the British for warning us. It is time for reform. The worst thing that can happen is that the EU continues as before. Britain shows that there are alternatives. Let’s switch from shock to action mode. We will experience a highly volatile year: with a rollercoaster ride on stock exchanges and foreign exchange markets, depending on which news is coming from the negotiation rooms. In the end there will be a deal. I am convinced of this, even if it is one in which certain things are specified afterwards.

https://www.focus.de/finanzen/boerse..._11612773.html

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For I hope it breaks the European complecancy and megalomania and severly disrupts the march into the planned economy regime and growing tax slavery: I hope the Brits give plenty of headaches to Brussels. Plenty of headaches, and then much more of the same, please!

01-31-20, 09:39 AM	#12384
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 40,737 Downloads: 9 Uploads: 0	And another opinion piece in the same newspaper, Focus. Again I agree with the author obviously. --------------------------------------------------------- The Brexit is coming. The uncertainty of the past three and a half years has turned into certainty. In line with Boris Johnson's slogan, the German economy is now getting brexit done. The economist Dr. explains which changes Germany should adjust to. Daniel Stelter. First of all: I am not a friend of Brexit. I think Brexit is very unfortunate - especially from a German perspective. Nevertheless, the most important finding is to be accepted, namely that Brexit is of great importance for Germany and will probably not lead the British to disaster in the long term. With all concerns, there are also many signs that Brexit can become a successful model for Great Britain. The super state in Brussels is perceived as not only democratic on the British island. With Brexit, London can set itself apart in regulatory terms. The economic outlook is not too bad: Britain's economy has grown faster in recent years than Germany's, for example. Great Britain benefits from the fact that it is home to the world language and is therefore attractive to qualified immigrants. Great Britain also has excellent universities and outstanding schools, especially in the private sector. London has a very lively start-up scene. Combined with simple rules for setting up a company, less bureaucracy and competitive tax rates, the Brexit can be a relief. Certainly not in the short term, but in the long term it is. Germany has a lot to lose Against this background, the countries of the European Union, especially Germany, have a lot to lose. This is especially true if it is not possible to sign a contract in good time for future relations between the EU and Great Britain. Boris Johnson has a clear idea of when this free trade agreement will be closed by the end of 2020. His negotiating position is stronger than most mainland citizens believe. I am convinced that there must be a contract between the EU and the UK. Great Britain is a large sales market and if this sales market ceases to exist, the EU will be hit very hard and Germany will be hit particularly hard. We Germans alone export goods worth 85 billion euros to the UK. The German automotive industry plays a large part in this, as it has to fight hard for its supremacy after the diesel scandal and overslept electromobility. British tariffs would be another fiasco for German car manufacturers. After all, Great Britain is the second largest export market in the world for them. But not only Germany would suffer damage without a contract. Britain's economic power is just as great as that of the 20 smallest EU countries. Hardly any country can do without this partner, issues relating to fishing rights, trade and the exchange of services are far too elementary. It is time for Germany to show its colors. Within the EU, Germany has often been hiding behind Britain in recent decades, in the expectation that the British will stop making unpleasant decisions. Contrary to its tradition, Germany must now clearly and clearly stand up for its own interests. The Lisbon Treaty establishes quorums so that neither the northerners nor the southerners have a majority. With the UK's exit, it will be possible for France, Italy, Spain and Portugal to prevail against the Netherlands, Germany and Sweden. We will already experience the new balance of power in the forthcoming EU budget negotiations. Boris Johnson could quickly face a hard Brexit The withdrawal agreement for the island nation initially provides for a transition phase of one year, but can be extended again from December 31, 2020 to December 31, 2022. Boris Johnson should not want this. He is more likely to face a hard Brexit than a scenario to make concessions in the negotiations. The short deadline is packed with important points, because by the end of the transition phase it is important to agree on a trade agreement, regulate long-term relationships and avoid customs duties wherever possible. There is a lot for Europe: According to an analysis by the Kiel Institute for the World Economy (IfW), the United Kingdom could impose significant tariffs on goods imported from the EU without a free trade agreement. According to the latest calculations, this would be 49 billion euros for 2018. There would then be no secure framework conditions for services. In particular, financial services could no longer be offered to one another. On the other hand, Brussels would only receive EUR 6.7 billion in taxation of British imports. Such a situation would have a clear winner and that would not be the European Union. The EU is tough on its interests The EU is tough on its interests, as Ms. von der Leyen said recently. In a lecture at the London Stock Exchange in London, she said: “But the truth is that our partnership cannot and will not be the same as before. And it cannot and will not be as narrow as it used to be - because every decision has consequences. With every decision comes a compromise. Without the free movement of people, there can be no free movement of capital, goods and services. Without a level playing field in the areas of environment, labor, taxes and state aid, you cannot have high quality access to the largest single market in the world. The more differences there are, the further the partnership must be. And without extending the transition period beyond 2020, you can't expect to agree on every aspect of our new partnership. We will have to set priorities. The objectives of the European Union in the negotiations are clear. We will work for solutions that preserve the integrity of the EU, its internal market and its customs union. There can be no compromises here. " French EU negotiator Michel Barnier said right at the beginning of the year: “Nobody, nobody should doubt the Commission's determination and my determination to continue to defend the interests of EU27 citizens and businesses and to defend the integrity of the internal market. (...) ". From the UK's perspective, there can be no interest in accepting all the EU rules, as the President of the Commission envisages, because then you could have stayed in the EU. For the British, above all for Boris Johnson, the attraction lies in the fact that they differ positively: different and less regulation, autonomy with immigration, cheaper taxes etc. Boris Johnson will continue the successful strategy of the past few months. He strengthens his negotiating position and now has a large majority in parliament. His threat of a hard Brexit is therefore realistic. Still, we should be grateful to the British for warning us. It is time for reform. The worst thing that can happen is that the EU continues as before. Britain shows that there are alternatives. Let’s switch from shock to action mode. We will experience a highly volatile year: with a rollercoaster ride on stock exchanges and foreign exchange markets, depending on which news is coming from the negotiation rooms. In the end there will be a deal. I am convinced of this, even if it is one in which certain things are specified afterwards. https://www.focus.de/finanzen/boerse..._11612773.html ------------------------------------------------------ For I hope it breaks the European complecancy and megalomania and severly disrupts the march into the planned economy regime and growing tax slavery: I hope the Brits give plenty of headaches to Brussels. Plenty of headaches, and then much more of the same, please! __________________ If you feel nuts, consult an expert.