Italy, Austria, what else is next for the EU?

[Anonymous]

Italy's banking woes, Austria's new election, other upcoming elections in other countries. What are the next major crises that will arise in the EU?

The EU is in serious trouble. We live in very interesting times.

[Anonymous]

Eastern European countries, particularly Poland and Hungary and Czech Republic, refusing to take any refugees except for Christian ones.

[Anonymous]

The sky is not falling.

[Anonymous]

You are seeing logic and wisdom triumph.

[Anonymous]

Great Britain was smart for getting out before everything crumbled around them. Poor Angela,she is going to be stuck holding the bag of refugees and debt.

[Anonymous]

Anonymous wrote:Great Britain was smart for getting out before everything crumbled around them. Poor Angela,she is going to be stuck holding the bag of refugees and debt.

We'll see. 10% of their tax revenue comes from the banking industry. And unless Britain cuts a deal, many of those people will have to move to the EU or get licensed in each individual country they want to provide services to, just like our lawyers have to pass individual state bars. Knowing this, the EU has zero reason to cooperate. They can refuse, and those jobs need to relocate to their countries and then the tax revenue goes to them.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Great Britain was smart for getting out before everything crumbled around them. Poor Angela,she is going to be stuck holding the bag of refugees and debt.

We'll see. 10% of their tax revenue comes from the banking industry. And unless Britain cuts a deal, many of those people will have to move to the EU or get licensed in each individual country they want to provide services to, just like our lawyers have to pass individual state bars. Knowing this, the EU has zero reason to cooperate. They can refuse, and those jobs need to relocate to their countries and then the tax revenue goes to them.

They can set up a Luxembourg subsidiary for licenesing purposes, but keep all the staff in London.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Great Britain was smart for getting out before everything crumbled around them. Poor Angela,she is going to be stuck holding the bag of refugees and debt.

We'll see. 10% of their tax revenue comes from the banking industry. And unless Britain cuts a deal, many of those people will have to move to the EU or get licensed in each individual country they want to provide services to, just like our lawyers have to pass individual state bars. Knowing this, the EU has zero reason to cooperate. They can refuse, and those jobs need to relocate to their countries and then the tax revenue goes to them.

They can set up a Luxembourg subsidiary for licenesing purposes, but keep all the staff in London.

No, it's per employee. It's like the Bar.