Think the cash value does mean something to a group who are losing its second biggest contributer and have a shrinking market. as for trade are world trading links are out of kilter because we have to impose EU tarrifs on that trade meaning it's scewed towards the EU , when we chose to we can alter that to suit us once we leave.
Plus as three quarters of all EU deals in future s and derivertives , in Euro currency's are done in London it leaves Germany and the others wide open for sanctions if they get a bit upperty, access to that sector is a must for any major international deal, due to fluctuating in currency values,
The city of London not just in European terms but globally is the center for that market. It will not move for lots of reasons i will not bore you with.
Last time i looked quite a lot of German banks were in danger if they couldn't get unhindered access to that market, 29 i think was the number, might be why dutcherbank is moving jobs to London.
Plus they are all heavenly invested into the UK, are they going to ruin there own investment s or leave them open to a hostile UK laws sounds a good idea?
If the EU thinks it can kick the UK around the same way it's treaded Greece it's in for an almighty shock.
That,s without us getting really dirty over security if pushed ,. Let's see how long the 27 stick together if we say due to sanctions we can't afford to send troops to eastern Europe ect. And we're cutting back are NATO commitment due to other members not paying there way.
Both sides are rattling sabres treat it with the contemp it deserves
Be very careful about the 'Who pays what to NATO' narrative. This is clearly being pushed by Putin to destabilize the group.
On the economic side, It's hard to say how it will pan out, but with the pound not gaining in value, I'd say the prognoses isn't great but this can go round in circles for ages.
The worry I have for Britain is the insular nature of all of this.
Tens of thousands of British citizens are in the process of giving up their passports for EU ones. Thousands of EU citizens are contemplating leaving the UK.
And I haven't even touched on Scotland or N.Ireland.
Unchecked patriotism will lead to unhealthy isolation and thats not good for any society as a whole.
I'd have said it's likely we'll spend more not less in the future mate