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Would the UK remain a nuclear power once Scottish Indy happens? Out of the G7, losing our permanent security council seat, and with our financial services revenue being enjoyed in Frankfurt and Amsterdam we might be rather easier to manage as an EU satellite state.
Dammit-
I wouldn't be so sure of Scottish Indy.. Mr and Mrs Murrell are hanging by a thread at the moment.
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and with our financial services revenue being enjoyed in Frankfurt and
AmsterdamThis won't happen to a great extent. London has been a global financial centre for eons and that will continue to be the case post-Brexit. Some revenue will leave but the vast majority of the financial services sector and it's ancillary structures (accounting, law, consulting, etc) will continue to be, for better or worse, a large part of the UK economy. You're just not going to see investment banks, hedge funds, investment management firms, etc. up sticks and move their entire operation to mainland Europe en-masse. Some smaller firms will do so but they will be the exception rather than the norm.
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Good question. It’s my understanding that at least some of the UK nukes are kept at a US naval base on their east coast. IIRC, they’re basically a shared stockpile and random numbers are drawn to assign X missile to either country. Would the US want to keep British subs at sea armed with Trident, to the point of ponying up some cash? Given that they’re each other’s closest military ally, I’d expect so.
Edit- but again, like everything big countries invest in, those dollars would come with even more strings.
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we might be rather easier to manage as an EU satellite state.
That’s one of my suspected, but certainly not wishes for, outcomes. Whether by the EU or US, the UK seems to be setting itself up for reverse colonisation.
hurricane_run
ElGonzo
Adhiero
Interesting thought but I’d say the UK runs little risk of becoming Argentina. For one, the US and the EU both want a (relatively) prosperous and stable UK, whereas the US, Brazil, and Euro powers did quite a bit to help destabilise Argentina. Given Britain’s nukes and membership in NATO, there would likely be considerable efforts by other countries to avoid a collapse in the UK like in Argentina.
Personally I’m concerned about UK institutions being chopped up and sold for parts. US health management organisations want to come and replace the NHS, Big Poultry wants to sell us pink slime, and Texas oilers would frack under London itself if they assessed there was a profit to be made. Would the Tory government stop them, or take a slice of the pie?
Walshe comes across as a bit disingenuous in claiming that Argentinean elites are selfish and self-serving, while British elites are historically preoccupied by what is good for the common man. It’s not a coincidence that Marx polished his theories over the 20 years he spent in London. I don’t see the point in him demonising populists for harkening back to rose tinted glory days, and then doing the same thing.