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Utopia Talk / Politics / FAO Shannon (2)
Seb
Member
Wed Jan 27 09:31:20
http://mob...20RU?__twitter_impression=true


US clearing houses granted market access right to EU subject to abiding by EU rules.

So that's London's global position screwed - either we abide by EU rules, or the market goes to the US.

And these rules will now be decided by EU and US with no UK input; where previously UK had the biggest say in the EU position and thereby negotiated with the US on global rules.

Sovereignty: take it or leave it
Power: decide what is on the menu
Paramount
Member
Wed Jan 27 12:28:44
I don’t get it. Wasn’t leaving the EU supposed to be good?
CrownRoyal
Member
Wed Jan 27 14:54:22
I believe you get it fine, para. UK went nuts for a moment and sanctioned themselves, bigly, as Donald would say.
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