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Tactical InvestorTactical Investor
  • TI
  • Contact us
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  • Sol Palha: Financial & Economic Insights
    • Financial Blurbs
    • Food for Deeper Understanding
  • Stock Market for Beginners
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Blog EU ridiculous terms regarding Brexit: Domino Theory in play

EU ridiculous terms regarding Brexit: Domino Theory in play

EU ridiculous terms regarding Brexit: Domino Theory in play

 

EU ridiculous terms Terms regarding Brexit

THE EU “undeniably” intends to punish Britain over Brexit and the bloc wants the split to be “as painful as possible”, French presidential candidate Marine Le Pen has said.

The Front National leader, who is standing on a fiercely anti-Brussels ticket, said European leaders could “feel” other members want to break away and want to avoid a “domino effect”.

“That’s undeniably the intention of the EU. The EU wants the divorce to be as painful as possible. That’s simply because they can feel that other nations of Europe want to leave this political structure. 

Mlle Le Pen said Britain’s position will be favourable after leaving the EU as it will be able to protect itself from “uncontrolled globalisation”.Express

 

EU ridiculous terms and The Domino Theory

The EU fears that if one country leaves, more will follow. That stance is akin to the Vietnam War “domino theory“.

“The domino theory, which governed much of U.S. foreign policy beginning in the early 1950s, held that a communist victory in one nation would quickly lead to a chain reaction of communist takeovers in neighbouring states. In Southeast Asia, the United States government used the domino theory to justify its support of a non-communist regime in South Vietnam against the communist government of North Vietnam, and ultimately its increasing involvement in the long-running Vietnam War (1954-75).”

Bloomberg notes EU Says the U.K. Only Gets Trade Talks After Progress on Brexit Bill. “In draft guidelines for the talks released to the bloc’s 27 other capitals on Friday, EU President Donald Tusk said discussions over future commercial ties would not take place until “sufficient progress” was made resolving thorny topics such as borders and budgets. May was also told any transitional period to ease the exit would require the U.K. paying money and accepting EU laws. The tough stance, which formalizes the previous warnings made by EU officials, implies a quid pro quo in which May gets a shot at securing tariff-free trade ties with the U.K.’s biggest market only if she quickly strikes a deal over the bill the bloc wants to impose.” Read more

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