Life after Brexit: the UK’s options outside the EU | World Economic Forum

In this important WEF article, the authors explore the UK’s options should it choose to leave the European Union.

Source: Life after Brexit: the UK’s options outside the EU | World Economic Forum

Reading this article, it is obvious that all the Brexit options are very high risk. The safe (low risk) option is to REMAIN in the EU.

Surely, the people of Britain are risk averse and do not want to really gamble everything on this referendum?

One response

  1. There are high risks associated with remaining in the EU which are not covered in this article courtesy of Dr. Alf from the World Economic Forum and the focus on trading with the EU when we do so little trade anyway, is misleading.

    What are these risks?

    1) The EU plans to enlarge itself right up to the Russian border having taken in Turkey and the Ukraine, something which Russia has said will be treated as an act of war.

    Trends in the world, my own private soundings and certain shipments of missiles from engineering firms involved in the defence industries suggest that World War 3 is being planned for at a very advanced level.

    Difficult though it is we must engage with Russia and China not try to provoke them into war by EU enlargement which they will and do see as encirclement, particularly as there are already 15 secret bases in Afghanistan manned by mercenaries in order to facilitate an attack on Russia from the south.

    2) The EU is planning to let Turkey join the EU at a time when our population is officially 64.5 million plus 7 million illegal immigrants. The OECD has said based on their conservative projections that by 2025 the UK official population will be 80 million at a time when the EU will have already done its deal with Turkey on migrants who are already coming into the UK at the rate of 690,000 a year based on NI numbers actually issued versus the official figure of just over 265,000.

    This does not factor in the number of Turkish migrants we can expect over and above these figures once Turkey becomes an EU member in 2021.

    Border guards in Turkey on receipt of a bribe of £8 GBP or more will simply let a migrant go on his/her way and keep taking the EU’s £3 billion GBP a year including Britain’s contribution of £0.60 billion GBP. The risk is that with the free movement of people rules that apply to the UK as an EU member, that our population will increase to 100 million people, not by 2046 as projected, but very much faster, thus creating an even bigger housing shortage than the present 12 million, unwarranted pressure to build new roads and infrastructure which we cannot afford and blackouts.

    This last risk comes about because we have 1.1% energy generating capacity over peak demand and are being told to close working coal-fired power stations under Climate Change rules and then convert to wood pellets from the Carolinas in America.

    We are being made to close power stations faster than we can replace generating capacity (It takes 15 to 20 years to build a nuclear power station) which is why letting EDF and the French and Chinese Governments build Hinckley Point and Hitachi build Bradwell’s replacement is risky strategically and from the point of view of future energy costs and competitiveness.

    3) EU regulations, even without additional “gold plating” cost the UK billions as it is so as time goes on, based on what has happened over the past 41 years, these will increase adding additional unquantified costs to the costs of doing business over and above the £12 billion GBP nett EU contributions we already make.

    This is not a risk but a racing certainty

    4) Germany is the leading power within the EU and they effectively shape its strategy, policy and direction. They run things to suit themselves and as the wealthiest country in Europe (our wealth is mostly offshore); they will and are going to tell us exactly what to do, to the point where we will be a German fiefdom European just as Puerto Rico and Panama are fiefdoms of America.

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