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Stop fighting over Brexit and get real, Jim O'Neill tells UK

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Stop fighting over Brexit and get real, Jim O'Neill tells UK

 

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Goldman Sachs Asset Management Chairman Jim O'Neill speaks during the Reuters Investment Outlook Summit in London December 6, 2011. REUTERS/Benjamin Beavan/Files

 

LONDON (Reuters) - The British government should stop dreaming about having its own way in Brexit negotiations and start to get more realistic about the likely outcome of divorce talks with the European Union, said Jim O'Neill, a former Goldman Sachs economist.

 

Prime Minister Theresa May, who quietly opposed Brexit ahead of the referendum, has formally notified the bloc of Britain’s intention to leave and divorce talks are under way.

 

A botched gamble on a snap election in June undermined May's authority inside her own Conservative Party and some EU diplomats say the British negotiating stance remains both unrealistic and unclear.

 

O'Neill, who coined the term 'BRIC' in 2001 to describe how the economic clout of Brazil, Russia, India and China would challenge the West's dominance, told BBC radio that divisions inside the Conservatives were driving Brexit policy.

 

"The divisions between our political parties, particularly inside the ruling Conservative one, continue to dominate the policy discussion and it is very unfortunate and I wish it would change," said O'Neill.

 

In the June 23, 2016 referendum, voters in the United Kingdom backed leaving the EU by a margin of 51.9 percent to 48.1 percent.

 

O'Neill, who resigned from his job as a Treasury minister in May's government a year ago, said that the British negotiators' attempt to cherry pick an exit deal was unrealistic.

 

"The last thing the EU wants for a big country to leave and for there to be no consequences because at some point there would be others that might think: 'Well if it's that easy and you can get away from the worst bits but keep the good bits, then I'll have some of that too'," he said.

 

"It frequently seems our negotiators don't seem to appreciate that," O‘Neill said.

 

May says she will make Brexit a success and that she hopes the EU will agree to a deal that allows both sides to continue to trade as freely as possible.

 

(Reporting by Guy Faulconbridge; editing by Michael Holden)

 
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-- © Copyright Reuters 2017-09-08
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1 hour ago, lamecn said:

Could it be that a small majority of the UK population has realized the truth behind the EU?No automatic alt text available.

Scam?

That is exactly the goal.

A united europe with russia.

As opposed to the usa, china and soon also india.  

The fight for the limited resources is in full swing on this overpopulated planet. The small single states will sink into insignificance.

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Yes Britain should get real,  Do as article 50 says, Walk away pay nothing , and when the EW comes to its senses come talk to us,

Edited by Thongkorn
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12 hours ago, webfact said:

LONDON (Reuters) - The British government should stop dreaming about having its own way in Brexit negotiations and start to get more realistic about the likely outcome of divorce talks with the European Union, said Jim O'Neill, a former Goldman Sachs economist.

The faster the reality becomes obvious, the faster we can get the Brexit negotiations over.. and only then we can start building new relationships and deals between EU and UK. 

 

While some Ruskie blasted a 70 year old 'quote', their aim is just to hinder western world to get it's act together. That's not helpful for either EU nor UK.

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Those nasty europeans are going to make it as difficult and expensive as they can for U.K. to get out, mainly to try and scare any other country from trying to do the same. A bad idea from the start in my opinion.

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7 hours ago, Thongkorn said:

Yes Britain should get real,  Do as article 50 says, Walk away pay nothing , and when the EW comes to its senses come talk to us,

Yes, if it were only that simple...take responsibility for your commitments, or else face the collective economic and immigration wrath of the EU. Forget not that the UK is based on islands, easy to embargo. British police kicked out of Le Havre will open the immigration floodgates.High tariffs, tolls, visa requirements will do the job. Frankfurt as the new London. Enjoy !

Edited by meinphuket
Typo

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8 hours ago, Enoon said:

 

The text originates from David Icke, well known British media loony who went totally gaga after an experience with a psychic in 1990.

 

Perhaps most notorious for his firm belief that planet earth is ruled by hybridised lizards.

 

Seriously, that is what he believes:

 

David Icke - Wikipedia

"When you get back into the ancient world, you find this recurring theme of a union between a non-human race and humans—creating a hybrid race.

From 1998, I started coming across people who told me they had seen people change into a non-human form. It's an age-old phenomenon known as shape-shifting. The basic form is like a scaly humanoid, with reptilian rather than humanoid eyes"

 

 

Yep you couldn't make this up, that any sane rational person would post anything that comes from David Icke. Not only that but actually give it a thumbs up.

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17 hours ago, lamecn said:

Could it be that a small majority of the UK population has realized the truth behind the EU?No automatic alt text available.

Quite apart from it being Davis Icke a well known UK  loony there is no evidence whatsover that Monnet ever said this.

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14 minutes ago, lamecn said:

Sorry to disappoint you mate, but take a look at the facts, read the full article: https://rollo57.wordpress.com/2015/04/14/the-future-whats-in-it-for-us/

The fact is that there is no reliable source that Monnet ever said that.

https://eufundedproeutroll.wordpress.com/2014/05/28/european-union-what-did-monnet-say-about-europes-nations-and-the-superstate/

 

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