Hi, I am curious how this is being played and taken by people in the UK.
In spite of what Obama said during his speech there, there is zero chance that the US will do anything to trade isolate the UK, no matter what happens.
My interpretation, from what we are being media fed, is:
- The UK banks didn't want to play by EU rules, so they wanted an exception carved out for them as a condition of joining. That appeared to be the main point of Cameron's negotiations, at least from here.
- Over time, every country ends up with more and more layers of government and rules. Adding in the EU is another layer of government and costs. (we have nothing to brag about on our side of the pond either when it comes to layers of government)
- The UK is in a difficult position right now, as they have been playing it close to China, and it is really challenging to be fully engaged with the FED, NATO, EU, and a China partner at the same time. Maybe it wasn't so hard in the past, but now it is getting really challenging.
- If the EU is making the rules, then why does a country need such an expensive, top-heavy government of its own?
- I am not sure about the UK, but the Euro is a handy currency for us travelers.
Do voters there think the outcome actually matters, or is it ho-hum?
EDITED: 19 Jun 2016 02:25 by HARRYN