How Will No Deal Affect the EU? - Brexit Explained

[@TLDRnews]

Sorry to Belgium and Romania for freaky friday-ing your countries. It was purely an error with our assets and we have fixed it for future videos. Thanks to everyone who spotted the issue so quickly.

[@iuriepripa3171]

lol it's ok don't worry

[@migara1]

Also, at 04:32, the diagram you used has pre 2007 EU countries only. Don't want to be that guy but ...I mean, you are supposed to be news

[@maartendetemmerman393]

Was allready wondering why belgium looked so weird :p

[@Aspareche]

Can you post the link to the “In Limbo” group? Thanks!

[@xaverlustig3581]

Just wanted to point that out, you beat me to it :)

[@ChristianIce]

The EU is not bluffing. The integrity of the Single Market is much, much more important than the losses of a no deal.

[@Nickle314]

Ah the trade barriers are important.

[@mike2carrington]

why do you care?

[@Nickle314]

@@mike2carrington I'd rather have UK taxes spent in the UK, on services or on people's own spending. I don't care about fat cat Eurocrats.

[@ChristianIce]

@@Nickle314 Don't worry, I can't wait for your tribe to separate itself and spend all its money in whatever London wants. Problem is, you are still around moaning instead of actually leaving.

[@Nickle314]

@@ChristianIce That's the losers who are moaning. Not the winners. But we're not a tribe, we're a bunch of mongrels. So what's your plan for when France goes tits up? One escape route, to the UK has been cut off, unless of course, you have lots of money and pay to get here. 40 trillion of French state debt, almost all pensions. Most French with no capital because the French state said we will use it, and pay you pension in your old age. Now they discover they won't have enough to live off when they are milked by the state to pay their debts.

[@stax0011]

1:29 Immediate disruption of trade 4:12 Long term economic effect 5:56 Affects on EU budget 7:38 Citizens' Rights 9:08 Issues surrounding Ireland

[@Execuor]

​@John Balladear Like Trump you don't seem to know what a trade deficit actually is. A Trade Deficit is the opposite of a Trade Surplus. A Trade Surplus is achieved when the cash flow of your exports is higher than your imports A Trade Deficit thereof is achieved when the cash flow of your imports is higher than your exports A Trade Deficit is not a sum of money people stole from you its the difference between import and export and neither good or bad. Maybe you should google that for a more indepth explanation. The "EU Subscription" as you put it is also not money you loose. The money the uk pays the eu is put towards research, education and other projects benefiting the union as whole and some of even comes back through rebates etc. You are not "ripped off" you have far more to loose than to gain from the dumpster fire called Brexit

[@Execuor]

@John Balladear Again you show a poor understanding of economics. Money is not lost when you import things. You get something of equal value in return for the money you paid to your trade partners in the eu. The money is not lost it is exchanged for material goods. The Raw Materials your country bought get converted into goods that are then sold again. Imported Products are used to provide services which in turn lets somebody keep his job. Money is an exchange medium and as such it can only be lost by physically destroying or missplacing it not by buying things.

[@magnusm4]

As my dad says: Do you want the Norwegian deal? No. Do you want the German deal? No Do you want no deal? No. Then what do you want?! We want to negotiate. NEGOTIATE WHAT?! Negotiate! Negotiate negotiation? No we want to negotiate. *NEGOTIATE WHAT!*

[@thomasn4424]

*Negosiate*

[@stan2703]

It's quite clear what the UK wants, problem is the EU just says no to everything

[@WillHayes44]

@@stan2703 Except to the Deal they already negotiated for two years.

[@stan2703]

But that was rejected by parliment. Meaning there's no way forward unless we renogiate the aspects that were rejected? No?

[@WillHayes44]

@@stan2703 the European parliament said yes. It's not our problem what the house of commons decides. You take that, no deal or your negotiated ridiculous Irish back stop.

[@pahaihminen1]

What will TLDR do after brexit?

[@Madhattersinjeans]

A fair question.

[@drunkenhobo8020]

Like everyone else in the UK, he'll have to resort to eating stray dogs and the occasional postman to survive.

[@SystemBD]

They can always expand its scope to cover world news. _If_ they survive the Brexit fallout, that is.

[@EspacX]

Mostly to cover the application to join the EU by the UK.

[@MDMssHypNoTiZe]

Shiting their pants after EU show UK middle finger . Now I want UK to leave without a deal or just wake up you are no longer British Empire

[@danielcano4876]

The disappearance of the single market would have much worse consequences for the EU than a no-deal Brexit. If the EU accepts the proposal of the UK, which basically is to reform the single market in order to satisfy British wishes, the single market would dissappear in a few months. The single market is the result of years of negotiations between 28 countries, and it cannot be changed just because one single country wants. It is absolute sure that the UK will blink first. The EU will never chage its position, not because the EU wants to damage the UK, but because a no-deal Brexit is by far much less damaging than breaking the single market.

[@debbypp989]

People who believe that the EU will change their position about re-opening the negotiation on the deal forget that the negotiatiors currently don't have a mandate to do so neither does Junker. All EU member states need to give them this mandate and so far all remaining member states stand behind the deal. It is true that, for example, many German companies will suffer from a no-deal but if you ask anyone, whether small-medium businesses or the big car manufacturers, they all agree that the EU should not make any more concessions. In addition, the whole backstop was a UK idea and it is a default not the ideal solution - it can be overcome with trade etc deals. The UK wants the EU to offer alternatives but it's the UK that has to come up with viable alternatives. The arrogance that they think that the EU should fix their problems for them. Due to the whole Brexit nonsense the EU had hardly any time to work on their other issues like Italy, rising extremism, environmental issues and becoming more in tune with their own people (working on being more democratic). The EU cannot afford to drag this issue on for much longer without massively pissing everyone else off. They also have elections coming up. Will Britain survive a no-deal? Yes! Will it be painful! Certainly! Will it fix the problems within British society and the economy? Doubtful! There is more than one thing rotten in the state of Britain and the EU is just the scapegoat!

[@henrybn14ar]

Brexit just repeats the problems that have existed from the Arctic to the Black Sea since the collapse of the Soviet empire. The EU's trade and economic policies in regard to third countries are deleterious for all the border regions, both within the EU and outside it. As Bastiat is (wrongly) reputed to have said, "When goods don’t cross borders, armies will."

[@doktorcool3740]

The funny thing is that whatever bad happens to the UK after Brexit, the Brexit fans will misrepresent it as being the fault of somebody else, the most likely candidate being the EU which maliciously didn't let the UK cherry-pick a deal.

[@Nickle314]

So why should the EU screw over French, German, Italian citizens because it suits them?

[@Nickle314]

There is most certainly more an one rotten thing in the UK. The EU is one of them One step at a time. Next, the house of Lords.

[@playersloucoss]

Brexit whatever the cost. It is worth to be poor but free (from what?). Jeez what a nightmare.

[@Gilder-von-Schattenkreuz]

Honestly said the Effect on the UK is entirely irrelevant here. The Bigger Problem is and stays that giving the UK a Good Deal would Undermine the EUs Unity and would have a tremendous Risk of causing other Countries to also Leave the EU. Meaning that for the EU a No Deal is still a better option than to make Concessions to the UK despite the Negative Effects of a No Deal. For the EU. Caving in to British Demands is Equal to Dissolving the EU itself. Thats why anyone expecting the EU to cave in on British Demands is simply an Idiot.

[@conscious_being]

This is not even a question of negotiating a trade deal, which hasn't even begun, for the EU to make concessions or not. It is a bloody withdrawal agreement. The Brexiteers are complaining about a solution agreed to by their own PM without proposing an alternative and expect the EU to "blink". It boggles the mind to contemplate their lunacy and stupidity!

[@jamesbryant8133]

@@conscious_being "no deal is better then a bad deal" I believe she said......now she offers this. No deal *is* the alternative plan. Calling people idiotic because they don't agree with you *is* the *big problem* here. After Brexit happens somehow we are going to have to live together...

[@conscious_being]

@@jamesbryant8133 I am not a Briton and don't live in the UK. So, I don't have to live with Brexiteers. Mrs. May didn't agree to any "deal" for it to be good or bad. The withdrawal agreement acknowledges the problems that arise out of the UK leaving the EU and agreed on solutions to those problems. If Brexiteers don't like the Irish backstop, they have to propose a solution that doesn't violate the Good Friday Agreement, that requires there be no hard border in the island of Ireland, and WTO rules, that require a customs border with countries that a country has no special relationship with. If the UK wants to violate the agreements it signed, it is their problem. The EU can't sign an agreement that violates other agreements. So there is nothing for the EU to "blink" on.

[@conscious_being]

@@jamez6398 The unicorn you were promised, is in the mail.

[@WalterKhayyam]

@@conscious_being There is no legal requirement (either in the WTO or its own law) for the UK to implement a hard border in Northern Ireland, even if the UK leaves the customs union. Both the Irish government and the British government has said that neither will put a hard border in, so the ball is very much in the EU's court on that matter.

[@peterparker219]

The UK contribution to the EU is less. You have to bring the rebate that the UK gets (as the only EU member) and the EU spending to the UK into account, so the net contribution is around 10 billion €. That's the size of the EU budget loss after brexit.

[@blameyourself4489]

That's not really much.

[@KrzysztofBob]

Peter Parker Now take that number and divide it by half of EU’s population (actual tax payers) minus Britain (around 225 million). That turns out to be extra €0.85 per week or €3.7 per month. If we assume that the average salary in EU is around €2,500 per month, then that would equate to 0.15% increase in income tax.

[@peterparker219]

@@KrzysztofBob It was just a correction to the figures used in the video. And btw you can't calculate it the way you did as the hole in the budget will not be evenly spread. Germany must carry the most while the net recipients of EU funds pay nothing.

[@pinktoes3875]

@@KrzysztofBob that's great math but in reality nobody in the EU makes more than €1600/mo after taxes working 40hrs/week and the amount is stagnating and going lower bcuz now legals don't get jobs as businesses would rather hire illegals.

[@Soordhin]

Funny, i must have imagined my 5k€ paycheck last month (and yes, that is after social contribution and tax, living in Germany), which is admittedly slightly less than my average over the last 5 years. That said, the gross contribution of the UK to the EU is just 13,9 Billion STG, which is, depending on method, but both are displayed on the Office of National Statistics of the UK, either 9,4 Billion Pound or 8,1 Billion Pound. Neither figure is even close to the one quoted in the video, which seems odd for someone who supposedly researches his figures. Yes, of course the EU 27 would have to come up with some additional funds, and that means more to pay for everyone, shifting some countries into the net pay area whereas before they were net recipients. In total though, it is a rather small sum, considering that countries like germany actually managed to generate a 70 billion surplus last year.

[@snowcold5932]

The effect of something on another thing is the way it affects the thing.

[@strofikornego9408]

EU will suffer from shortages of cornish pastries and cheddar cheese.

[@snowcold5932]

NO MORE CHEDDAR YES PLEASE

[@maximusasauluk7359]

My babies will starve without cheddar cheese

[@abbofun9022]

Strofi Kornego , how could we survive?

[@drunkenhobo8020]

Cheddar isn't even a protected designation of origin, so they can make as much of it as they like. All we have left are the pasties.

[@clray123]

Don't you forget Mr. Bean!

[@user-yn1do3ll9i]

EU just a signed deal with Japanesse. 50% biger than UK. EU will be just fine. Leave, we need move on. You can argue after, how long you fancy.

[@curumon]

yes indeed. the UK can enjoy this for 2 months now until they get booted =w= cause they are still EU members and profit from it. BUT ONLY FOR 2 MONTHS =3

[@spaceowl5957]

Japan is actually twice as big as the UK population wise right?

[@jeroenfeher8107]

@@spaceowl5957 Yes, in actual size, or surface area it is only 1.5x as big. That being said it also has 2x the GDP of the uk and is better situated for trade with Asia in general.

[@Robbedem]

@Abba Century The trade deal with Japan has been in negotiation since 2013. Well before Brexit was a thing. It also gives a much better idea of how long those trade deals usually take.

[@alejandroagudosanchez5183]

@Abba Century Not sure if that is sarcasm, after all, all members of the EU benefit of that deal with Japan, including the UK. If you guys want to start international trade from 0 with WTO, is ok for us.

[@malahammer]

Overseas multi nationals set up in the UK to have a foothold in the EU. Do you accept the reason why they are moving? HSBC: moving 1,000 jobs from London to Paris, where it will set up its EU headquarters. -Lloyd’s of London: moving 100 jobs from London to Brussels; EU HQ from London to Dublin. -JPMorgan: “hundreds” of jobs from London to Dublin, Frankfurt, Germany, and Luxembourg. -Barclays: 150 jobs from London to Dublin, where it will set up EU headquarters. -Bank of America: moving EU headquarters from London to Dublin. -UBS: under 1,000 jobs from London to EU offices, including Frankfurt. -Moneygram: moving EU headquarters from London to Brussels. -European Medicines Agency: moving from London to Amsterdam, including 890 jobs. -European Banking Authority: moving from London to Paris, including 180 jobs. -Up to £800bn of assets have been shifted out of the UK, That’s a lot of Tax revenue lost to HMRC -Barclays have been given permission to move £190bn in funds to Dublin. -Dyson, Sony, Panasonic going -BMW Mini already has a plant in the Netherlands with plans to expand that operation THERE! -P&O go to Cyprus, -EasyJet registering 100 jets in Austria, -HQ's Bentley stockpiling parts and saying Brexit is a killer, -Dixon Group stockpiling TVs and laptops, -Pets at Home stockpiling pet food, -Honda, Jaguar Land Rover, Siemens, Unilever, Tescos, M&S also stockpiling due to the risk of border gridlock - According to the monthly snapshot from IHS Markit and the Chartered Institute of Procurement and Supply, which is closely watched by the Bank of England and the Treasury for early warning signs from the UK economy, British factories in January raised their stocks at the fastest pace since records began in the early 1990s….i.e. stockpiling -Rees Mogg transfers billions of pounds in funds to Dublin -Nissan exiting out of Sunderland will happen, despite a deal with the UK. There is a guarantee that contains "sensitive commercial information"…..so how much then! -Airbus will go, they have a fine tuned JIT assembly line that is dependent on all sub parts in and assembled parts out...without the delays of customs! As for the interchangeability of staff from all over the EU.....not an instant and streamlined multinational assembly line - a rise of 34% in the number of British applying for jobs in Ireland, mainly in the IT and Finance sectors! - 160,000 Brits apply for Irish passports in 2018 So Brexiteers how’s your Project Fear going?

[@philattlee1]

Paul Furey I'm really worried about Pets at Home.

[@shayan7579]

I would Be happy to pay a Little Bit more since brexit causes a higher employment rate in the eu wich causes a decrease in taxed because eu has to pay less unemployed.

[@komradekevinthekommuneistd7362]

Music to my ears just London getting fisted up to the shoulder

[@moow950]

Sony & Panasonic have transferred their European HQs to Amsterdam. More to follow.

[@BlunderCity]

My hometown, Paris, is seeing a massive influx of UK finance jobs: there are apparently more than 70 entities that have set up offices in Paris since Brexit. The biggest ones are: - Bank of America Merrill Lynch: They've just refurbished a massive building in Paris and given what it looks like, those aren't back office job. - JPMorgan has done similar investment - BlackRock, the biggest bond fund in the world. From what I read, Paris is going to get of the bulk of the trading jobs that are leaving London and I suspect the above investment are trading hubs. This would make sense given that the regulator has also moved to Paris. These activities are said to be the ones that bring in the most taxes to the government. And from what I can tell by reading the press, Frankfurt is winning the battle for investment banking operations. I'm not entirely sure what the loss will be for the Treasury (people generally only focus on jobs leaving the City) but trading and clearing jobs activities leaving London is going to seriously reduce the amount of taxes the UK government get from the City.

[@konfunable]

In other words - it's a small bump for EU and suicide for UK.

[@cezarcatalin1406]

Mindaugas So... UK is hecked ?

[@konfunable]

@@cezarcatalin1406 I am pretty sure UK is just bluffing. they know the situation better than we do, so they already have a plan to avoid no deal. I am sure it is just for show that in the end they could say: "well, we tried as hard as we could, but we have to cancel Brexit."

[@denieerham5873]

@@konfunable my though is exacly. I think they know A that both TM or hard brexit would damage the economy

[@IIAndersII]

Mindaugas exactly. no deal would be catastrophic for the UK. the UK knows and the EU knows that the UK knows. all no deal talk has mostly been a bluff from the beginning.

[@--6880]

Gerai pasakyta Well said

How about a video on how various UK businesses prepare for a No-Deal?

[@piotrfelix]

That one which is going to stay in the UK? :P

@@piotrfelix Isn't moving your company HQ, to let's say Singapore, a form of preparation?

[@luizas2345]

Companies are not waiting for those politicians who loves waste time on talks, companies just leaving the Uk. Business talks louder

[@OhhhYehItsMeh]

3:21 that's not Belgium, that's Romania with a Belgian flag

[@Molhedim]

@Night Shade Sorry i am a bit confused about this, what do you mean football flag?

[@Molhedim]

@Night Shade I'm happy to hear that, nationalism is not the way to go.

[@Adrivan]

@Salterino Kripperino Is this supposed to be sarcasm?

[@GorinRedspear]

@@Adrivan Brexiteers don't get that particular one if it bit them in the balls

[@GorinRedspear]

@@Molhedim Yeah, what guys like him don't mention though is that they prefer their local kind of nationalism. Basking in the glory of a fictional past rather than try and make their country work. You can compare it to Englishmen wanting back to the good old days of Robin Hood. Or (if their events are something to go by) like the Orange marches in Belfast. And this coming from someone who lives in Flanders but who doesn't want to be called a Fleming.

[@rickelliott9065]

URGENT!! The word is "affect". I'd hate people being deterred by such howlers. Also, 'Schengen' is routinely mis-pronounced.

[@Madhattersinjeans]

Eh Schengen isn't an English word so you can't expect English speakers to pronounce it properly first time.

[@ianhamilton3113]

@@Madhattersinjeans He's right. English people struggle pronuciating their own wuds.

[@stoobydootoo4098]

I think he does English very greatly. His reference book is clearly 'English as she is goodly spoke' His spilling can leave a lot to be desired, though.😁

[@Explosivo55]

stop being grammar nazi's.. you knew what he meant and he probably knew he made a slip of error.. should he keep repeating such, then move in for a correction talk about such reasons for continuing with such a mistake.. but too pounce on someone for a first-time error.. for fcuk sake, give some leeway for crying out loud.. like you got nothing better to do with your life

[@spaceowl5957]

It’s pronounced “Shang” like Shanghai “en” like enforce Not that hard

[@Gillemear]

Ah, might need to mention that the rise of sectarian violence in NI is a clear and present danger when discussing the border. For the vast majority of Irish people, this is THE issue. Economics is important but Ireland has had recession and survived them before. A war... much harder to get over

[@Woffenhorst]

If the UK can't control their people the EU should just slap *all* of the tariffs on them.

[@suroj]

When has their not been violence in Ireland? Catholics vs Protestants, Loyalists vs Separatists. And now there's violence over an EU border. Jeeeez Keep your fights in the pub where they belong and get along. FECK!

[@Gillemear]

@@suroj For the past 20 years things have been pretty peaceful. Violence has been confined to the sadly usual criminal elements every society has to deal with. Besides, it is not Ireland that has this problem, it is Northern Ireland. They are not the same thing with one clear difference being two different countries. So as a Dubliner, don't put me in the same category as some hot head from Belfast, whichever side he is on. Finally, most of the examples you give are hold overs from Britian's imperial past, hold overs which we are still suffering from today. So put the blame for this mess where it should lie and clean up your own mess instead of blaming others for it's consequences. Oh and your biased, prejudice nature is really apparent in the last comment. This is exactly why British politicians who share your view are making such a complete mess of border issue. Such insensitivity is not only foolhardy but dangerous as should violence spark off again in NI it is not into the Irish Republic it will spread. Try to be a bit more mature with your disgraceful stereotypes.

[@suroj]

I'm sorry for joking around. I know. My point is that people need to work together to help themselves. We can't just wait and hope for the best or leave it in the hands of other people. I've wanted to leave the EU for the past 10 years with much dismay to my friends and people in general@@Gillemear What I've learned is that if you don't fight for yourself somebody would probably do it for you and you may not like their intentions. @@Gillemear

[@Gillemear]

@@suroj Thanks for the apology mate. Sorry if I came on a bit strong. As Shaw once said the Irish are serious about jokes and take jokes seriously. Problem with people standing for themselves is it looks great in principle but in practice it doesn't work out so well. As another famous artist once said, no man is an island. The relationships between us all on these islands is a good literal illustration of that. Decisions made by one effect all. The NI situation is influenced and effected by decisions made in Westminster, Dublin and Brussels and visa versa. Otherwise no one would give a fig what the DUP want. Kind of hard to work our things for ourselves here both North and South when outside interests keep putting in their oar. Pity this never entered the discourse before the referendum but it is what it is. I wish you all the best with Brexit but honestly I can't see it as anything other than a disaster for both our nations. At least you have the comfort of having voted for whatever is to come. We were never even given a chance to state our case before the decision was made.

[@dirkmertens6926]

To avoid that other members want to leave the EU, they will not be very helpful to the UK.

[@tunnar79]

The UK already made things difficult for itself by going down this route.It's not the EU's job to wipe the UK's arse after it shat itself.

[@Lolp821]

If the EU is so great, why fear any other member leaving?

[@dirkmertens6926]

@@Lolp821 Because other members have also populist politicians that don't care for the truth.

[@NemXX2]

No. The fear would be to lose the single market. That is more damaging than a member state leaving. You keep playing the victim though, child.

[@dirkmertens6926]

@@NemXX2 Child ? Idiot.

[@peterparker219]

Well, to summarize the situation: who blinks first will lose. Not a fine base for a good relationship in the future.

[@Thranduil82]

It has always been like this inside the EU, it's not a real union but a bunch of state's looking for their interests.

[@peterparker219]

@@Thranduil82 Not sure if you're right, but anyway, the impact to the people all over Europe has been never before that deep. It's the kind of gaming nobody needs.

[@sunnyjim1355]

"It's the kind of gaming nobody needs." But it's what the Brits want, simple as that.

[@QemeH]

@@peterparker219 Well... while you could describe the situation that way and be absolutely accurate, I think it misses the point. Because while the UK tries to paint it as some game of chicken, it is THEM who insisted on going head-on into the course of the EU. The EU has been very accomodating and negotiated with the UK for over 18 month! How is it "who blinks first" now that the UK comes running back? The UK is holding a gun to their own head saying "If you don't give me a better deal, I am going to shoot myself and then you might get some blood on you." It's not a mexican standoff, it's the desperate attempt to prevent a suicide (and to keep clean cloths, admittedly).

[@almondandfriends]

@@QemeH well put

[@BobHerzog1962]

I think what many in the UK and also many of the MPs hopeing for renegotiation under threat of no deal fail to notice is that the EU has to deliver on the will of their people too. And there is a great reluctance to cut the UK anymore slack. They already had EU Membership with fancy extras, they behaved very poorly throught the whole process and whatever was agreed on today was thrown out again tomorrow when UK papers did not like it. Also two can play the fear game. Faceing the threat of no deal some MP's might be persuaded to vote for the proposed deal instead. Letting no deal briefly happen might even result for the UK to reconsider some of the red lines and result in an easier future relationship. Because that is the only reason there is even a Backstop because the UK's redlines make any form of future relationship apart form 3rd country currently impossible. Also the notion that there will be no border because no one wants a border is naive. What is the one really big concern with for many hard brexitiers? Freedom of movement! Well when noone guards and checks the new border in Ireland guess where all the "illegal Immegrants" will enter the UK ... Same for the "new trade deals" without being able to controll which goods enter your market you can't brocker an entrance fee.

[@randomdaveUK]

The EU signing that new deal with Japan nets them 36-37 billion extra euros a year. The UK gets to benefit from that for 2 months...

[@Maniacf1]

Ok, the UK stops contributing, but it also will stop receiving investment! The budget hole shouldn’t be as big as you say it will be.

[@czarzenana5125]

They didn't say it's yearly. I think they meant between March 2019 and the end of 2020, which would mean 16.5B in 21 months. They are very unclear about it, but if they meant yearly they are wrong.

[@commonsense31]

And I would love to see Farage not getting paid or receive pension! I would love to see his face.

[@BlunderCity]

@@czarzenana5125 Even that would sounds way to high given the fact that billions in EU funding to private entities in the UK wouldn't contribute to the black hole. Most net contribution figures only count money given to government entities but if one want to estimate the missing funds in the budget, it needs to include all payments made by the EU.

[@czarzenana5125]

@@BlunderCity A 2-second google-search tells you the net contribution of the UK to the EU in 2017 was 8.9 billion pounds sterling. So, for 21 months that would be 21/12 times 8.9 equals 15.6 billion pounds (or 17.7 billion euros).

[@discosteve]

You are correct but it means bigger projects will have to be less ambitious, the kind where the absolute money amount matters. The impact on scientific projects is the easiest to visualise of these problems.

[@suefinch1238]

The British public were never explained these details before the referendum, so well done for making these videos. It is complicated and the public needs to learn some basics of trade. I would have liked to see that the UK has never lost control of its borders and has the possibility under EU law (for EU migration) to limit it. The far larger number of immigrants coming from outside the EU are completely in our hands now by a simple denial of visa. Similarly, we have full control of our borders which is why passport checks are made. The UK also has control of our laws, which you touched on, but people believe falsely that we are being dictated to by the EU which is false (another video?). Noone voted for a No Deal. Most people have no idea how that will affect them. We were never told. As you mention, it was not even a term before the referendum and the major Leave campaign did not include this option.

[@3dmixer552]

Don't forget the jobs and the assets that will be relocated from the UK to EU. EU has now free trade deal with Japan which will highly compensate the loss that Brexit created. UK has nothing. Good luck

[@rv4200]

Why will the EU not change the current deal you ask? There is a bigger picture the EU has to be taken into account. If the UK gets to much, other EU stats might get the idea to leave the EU. That's why the EU will choose to bleed a bit, rather then having to sever an arm.

[@tunnar79]

That too,because what's the point of membership benefits if even non-members get them?

[@mucsalto8377]

the Eu may change the deal if the UK government comes out with a precise proposal for changes. As there is nothing precise they ask for - what do you want negotiated?

[@kbreslin7289]

The issue surrounding the Irish Border is the biggest issue and the UK have refused to be helpful.

[@dabausa]

So I think I am the only, single and unique person in the entire world thinking Brexit will be a good thing for both Brits and Eurons. Britons never were fully convince about this EU thing (at least, much less than any other EU members). EU has had to struggle a lot to make things runing with UK standing a different point of view about many issues. Just its legitime point of view. After brexit, most of the population in UK, will feel hapier with the kind of freedom they have chosen, and will start to build new relationships on their own. Respect to that. EU will deploy more reforms like banking, financial and justice unification, because thats what the 27 remaining countries agree on. I honestly dont see any issue with any of that. Best thing for both sides is growth, wealth and prosperity for everyone after Brexit. Economical disruptions can be minimized if driven wisely. Measuring one own's success by the level of failure of the other is the straightest way to collapse.

[@FarmerSchinken]

I agree and I have no problem with the UK leaving the EU at all. I just don't understand the hostility of so many "out"-voters towards the EU

[@DantareGaming]

belgium got some border upgrades 3:21

[@aidanclarke6106]

I just thought Belgium had invaded Romania 😂🤣

[@Hawbitten]

Someone talking about Brexit without screaming and yelling? THANK YOU!!!

[@Kj16V]

All this complication and expense, just so that old English people can feel like they stuck it to the Germans.

[@QuantumShock1]

What is it with the strawman of old English voters? me and everyone I am friends with were 21 when we voted leave and giving Germany the middle finger was the lowest of our priorities.

[@costagauci5719]

Quantum Shock so why did you vote leave?

[@QuantumShock1]

@@costagauci5719 The retention of sovereignty. The EU began as a trading block but is slowly forming into a federation governed by one parliament. In 30 or so years there's little stopping the EU parliament from becoming the only governing body in Europe and dissolving national ones. Especially with the proposed EU army that the UK was assured pre-Brexit would never happen. Effectively creating what amounts to an imperial army, drawing personnel from every EU country to fight for the Union rather than the other way around. Trade opportunities. Yes the EU is our largest trade partner but that is by EU design not UK choice. Yes leaving puts the UK in a bad position in terms of immediate trade, but opens up more opportunities of trade moving forward. Especially in developing nations that will be looking to the UK as a smaller, less monolithic EU nation to trade with. Possibly with less red tape and tariffs than mainland EU. Culture. While I have no objection to Europe as a whole borders exist for a reason. They preserve culture and keep different ideas and ways of life separate while allowing cooperation. But with the Shengen zone (which I have no doubt the UK would of been forced sooner or later into) and the migrant crisis EU leaders have shown absolute disregard for the diverse people of Europe and the effect dropping all border control has had. You can't slap vastly different cultures together and expect them to co-exist. Principle. People have always said the British Empire was an awful thing. While I somewhat disagree I share the opinion that large governments ruling multiple nations with many different people and cultures is bad. So it strikes me as slightly hypocritical when pro-EU voices decry Britain's imperial past while applauding the idea of a fully united Europe with its own army and single parliament ruling from Brussels. Rekindling old ties. Ever since joining the EU the Commonwealth, a voluntary association of 53 countries of the former British Empire have largely been swept aside and forgotten each other amidst their own local issues. Yet for many of them, such as Canada, Australia, New Zealand, South Africa, Singapore and Malaysia there is a strong Anglican culture that stretches back sometimes hundreds of years. There is also the rising economy of India and the slow but measurable growth in Africa. Merkel said recently that Britain's relationship with Europe has always been inconsistent, this inconsistency is the UK being torn between local and global ties. Now we are leaving the EU I think it is time the UK steps up its involvement in Commonwealth affairs, encouraging free trade between all member nations and possibly free movement of ANZAC nationals. That's the core reasons I voted leave. But of course non of that matters because all Brexit voters are dumb, old and racist, obviously.

[@pit-fz4wi]

@@QuantumShock1it is nearly impossible for the EP to become the only governing body over national governments unless every Country agrees to change the contracts over the EU and to do so most of the countries have to change their constitution. All in all it´s not even close to the reality!

[@QuantumShock1]

@@pit-fz4wi It's pretty obvious that "Impossible" for the EU is just a decade of creeping changes away. Back in the 70's no one would of agreed to an EU army proposal or the vast swaths of EU laws that affect every nation, yet here we are.

[@cutez0r]

If there's no deal, I would like to see the Eastern European people who work in crappy jobs that no UK citizen want and are faced with constant resentment leave the UK. I'm tired of seeing UK businesses and many others get skilled/unskilled workers that are willing to work for a lower salary and pay taxes, but are called the reason your country isn't great. Honestly, I'm sick of hearing about these fantasy exceptionalism stories. Same goes for the French, Germans and others. Taking advantage of poorer countries by having access to their market and workforce, while in local elections calling them the reason your own country is failing. Maybe this way people will understand that words have consequences and populism is like cancer.

[@cutez0r]

Actually, my comment is against corporations in developed countries and populist politicians that profit from the EU while constantly backstabbing it. A Europe without the EU would be so much worse since it will remove the thin veil of protection people have nowadays. But yeah, understand whatever you want.

[@cutez0r]

Yeah, no, sorry. I can't take you seriously if you cite article 13 as limiting free speech. It's clear you didn't read the article since you're using gobbledygook to argument your claims. I can't talk you seriously when you claim that the EU doesn't offer protection to people with its policies, especially when there are so many agencies that disprove your falsities. The EU was created for stability and prosperity, something it has managed to offer to all its members, at different levels. And yeah, there's no EU body created by corporations, you're way too wacky.

[@cutez0r]

@@FightTheByte_ Again, you talk so much gobbledygook. You literally said "The EU doesn't provide protection, it removes the people having a cohesive voice so that they can rule unobstructed. The farther the seat of power, the less democracy. " and "The single market was created by corporations for exactly what has occured". Now you say you didn't claim this? WTF? It's clear you have absolutely no idea how the EU governance works and you have no interest in learning about it. You're just a fool who cites random things you heard from other fools like you, then you start contesting an article that is mostly opposed by big lobbying groups paid by Silicon Valley. Also, if you'd actually know what you're talking about, you'd know that article 13, isn't even law since it hasn't passed due to ongoing negotiations. You're a foolish conspiracy theorist with little to no basis in facts, and that's putting it mildly.

[@MarcoSwart]

@@FightTheByte_ I happen to object to art. 13 too, but there are many big corporations opposing it as well: in fact the proponents of this text try to sell it as a struggle *against* big corporations. What you don't seem to realize is that due to the borderless nature of the internet even outside the EU you may very well still be forced to comply.

[@FuturamaFan2010]

It's ironic though that the left indorses free flow migration but doesn't realise that they are effecting the wages of the native population while encouraging poorer nations to go to the richer ones to get paid better an then leaving their own country to be less developed. You have got people on both sides of the brexit debate having racist reasons. The poorer less skilled native Britain's are pissed off about low wage that government blames on migrants. The remain side is perhaps worse as they want cheap maids and people to serve them coffee at Costa (see question time). The brexit side you can at least sympathize with as these less skilled workers have been forgotten about. Once Brexit happens the government in the UK will have no more excuses to use immigration as a scapegoat this is one of the reasons I voted for brexit.

[@ev.c6]

I think Brits should be treated as 3 country citizens. Isn't it what they want to do with European citizens?

[@sunnyjim1355]

Nope.

[@QemeH]

Well, yes and no. They want to do that to EU citizens IN THE FUTURE. People from the EU already living in the UK before the brexit will be granted a special status equating them to UK citizens under the provisions stated in the video. But yes, that was the whole thing of the leave campaign - damn europeans taking all the jobs, we need border and immigration control... **facepalm**

[@voxicity4718]

@@snowcold5932 I voted leave to get rid of poles and romanians who live in the UK and take advantage of our services without paying their way. My partner is a well educated Romanian and she will be moving to the UK and working just like any other respectable person in the UK. I would prefer it if people were treated based on their skills and work ethic rather than their country of origin. So I predict, and hope, that British citizens living in the EU who work and pay their taxes will be allowed to stay (treated as 3rd country citizens) and those who don't pay their way are forced to return to the UK

[@UTF016]

@@voxicity4718 "I voted leave to get rid of poles and romanians who live in the UK and take advantage of our services without paying their way." - I know nothing about the UK, but the country I live in (Latvia) offers no services to EU citizens just like that. They must have or have had a job in the country and have paid taxes for a period of time. To use any kind of service provided by the state, a person must show state officials a residence permit which is basically not possible to get without a job. A similar system is probably in place in the UK, which is why you have voted for nothing.

[@SystemBD]

We in Spain have entire "ghettos" of British pensioners (250-300K people in total) throughout the Costa Brava. If they become 3rd party citizens and lose access to the Spanish Healthcare system, they'll have to go back to Brittain to have their expensive medical checkups... And I don't think the UK NHS will have enough resources/personnel to cope with that.

[@jdtsb8856]

Feb 2020 and the remaining EU members can't come to a budget agreement on how to make up the money they will lose because of Brexit. No one willing to give more or receive less subsidy. French fishermen are demanding that they still be allowed to fish in UK waters, Spanish farmers holding demonstrations for continuity of their subsidy. I think at this time, UK has the upper hand but EU will still play hard ball. Btw, as I listened to the video, it seems Brexit will create more jobs in the EU because of the hiring of additional customs personnel. I don't think UK will be worried about the inspections, they have higher quality standards than the other countries.

[@stormtruppen4039]

July 18,2020 After getting badly hit by corona the EU bond is stronger than ever. The deal with Japan has finalised cutting the losses from Brexit significantly in the EU. Meanwhile England is getting ready for 2nd wave(England not the UK).Hasn't secured a deal with Japan yet. Hasn't secured a deal with USA yet. Hasn't finalised the deal with Australia but talks seem promising with the Australians. No borders secured. 0out of 12 customs offices built in the UK borders. 0 out of thousands customs officers trained. Acknowledged that the border will be unable to do checks for 6months after Brexit in 2021. This leaves the border open to smuggling and illegal immigrants. Scottish independence calls rising with horrific increase in support among the scots. So UK are you done winning? Feel free to correct me as I am human and I make mistakes.

[@ttanfield5616]

2:44 Look see, No Deal Brexit creates jobs for the EU!

[@Woffenhorst]

Not to mention any companies that want to move operations to the EU. There was mention of "supply chain disruptions", that literally means there is incentive to move.

[@TheBenj30]

​@@Woffenhorst - That all depends on exactly what the supplier does - if you are a supplier that services Europe then it would probably make sense, but if you only service the UK, which will be a significant portion of most of these businesses then there is no incentive as you'd basically be placing yourself on the other side of the wall. The statement he makes is that, the incentive is there for companies in the UK who will primarily work in the EU.

[@opheliabawles9646]

Many thanks from Norway if you leave the single market and cost us some trade too. Well at least the UK will be free to get more fish oh wait they will lose reciprical fishing rights to the much more plentiful Norwegian waters. So at least they'll get to over-fish and deplete their own newly deregulated waters l suppose. What were the other arguements? Something about non-existent but marvelous trade deals with Trump's trade warring America and the relevance of today's Commonwealth l think.

[@georgeboulter2237]

Pretty sure the overfishers in our seas are the bloody massive spanish fishing boats rather than some guy in grimsby. Trump has also stated that a trade deal with the UK would be a high priority after Brexit. Australia, (who believe it or not are part of the Commonwealth) want to decrease their dependence on Chinese imports. giving a brilliant opportumity for the UK to come back in after they were forced out by the EEC in 1974

[@georgeboulter2237]

@@abugina yes, because they tried to use the same, and rather high tarrifs, of the EU. The UK can still trade even if the schedule is unconfirmed and they can still do what is hoped to be done and that is negotiating free trade agreements.

[@suroj]

How about ending free movement and the ability to make one's own laws? And the only thing that would cost Norway trade would be the EU. The UK and Norway want free trade.

[@1MinuteGaming]

@@georgeboulter2237 What would Australia want to import from the UK ?

[@bfg3890]

lol no they wont overfish because they sold all their fishing rights. They dont have the fleats to fish with.

[@CarlJones14]

Completely biased video. The EU is not just an economic union. The EU is more concerned about political & cultural cohesion. On this aspect alone the EU will not budge.

[@weareallbornmad410]

Well, that's true. EU has every incentive to make this as hard for UK as possible, to a point of No Deal if need be. We have reasons to make you suffer. We might have to; you threatened our very existence and now we might have to risk your destruction in order to save ourselves. It's all very tragic if you think about it.

[@CarlJones14]

@@mikeryan3049 you clearly don't have a clue. The member states of the EU still have their own culture & are more respectful of cultures in other member states. You don't have the Scots v English thing in Europe. It is amazing how much psychological damage is done by 22 miles of water

[@CarlJones14]

@@mikeryan3049 I was born in sheeple Wales but I will always be a European & a citizen of Earth. I don't require 22 miles of water. Let's leave it there before I get abusive.

[@lifeyoushouldtryit]

@@mikeryan3049 how telling he warned HE would be getting abusive if you challenged his crazy nonsense.

[@nocopyrightmusic-freesound1288]

I doubt that UK buys 20% of all in Germany produced Cars ... is the Rest equally reliable?

[@LegendNinja41]

Not really, he says UK Spends 16.5 Billion € into EU Funds, completely leaving out that the UK also RECEIVES money from EU Funds like every other Member, UK Net Contribution according to UK Government Data is about 10.5 Billion €, so the Blackhole in the EU Budget will be 6 Billion € less then he said.

[@jpm1253]

You're forgetting about the trade deal with Japan the 3rd biggest economy in the world

[@Madhattersinjeans]

@@madmanwithmasck Mao

[@midgetfriendodog]

Why would Japan possibly want to trade with us?

[@VividReads]

@@midgetfriendodog Japan and the EU signed a trade deal the other day, so now the EU can trade easily with Japan.

[@bfg3890]

@@abugina Dont forget Canada and a whole load of smaller countries are provisonally applied. There is a deal signed with Singapore. And deals with Australia, New Zealand, ASEAN and the Gulf Cooperation Council being negotiated. Seriously this is all going to more than make up for any hole the UK leaves and how many deals has the UK got... none and how many are the negotiating, none as well. Fucked, the UK and all who dwell in her are fucked. And the best part is you did it to yourselves.

[@bfg3890]

@randomguy8196 If what goes all the way? My understanding is there are no conversations around the EU joining the TPP. They are already in the process of negotiating FTA agreements with NZ and Australia and already have agreements with Singapore and Japan. have you got anything to support your claim? not being a smart ass I would be genuinely interested to see.

[@EuroNutellaMan]

So I'll be going to an internship program in Northern Ireland around March-April but since it's financed/sponsored by the EU I'm worried if after Brexit I'll need a passport or if it'll be cancelled alltogether... I hope nothing changes for me.

[@alejandroagudosanchez5183]

Economic impact from no deal brexit is almost 0 for the EU. Much more dangerous is to give them the cake, that would potentially make more members to leave. No deal brexit = More EU's Unity.

[@itsmebatman]

The UK may pay 16 billion a year. But they get kickbacks worth 11 billion. Their net contribution is only 5.3 billion. That's less than half of what Germany does. 5.3 billion still is a lot of money. But I am pretty sure the ten thousand British companies moving their business to the EU may well compensate that.

[@gid2601]

For the first time i think Britain and EU is better off with Britain remaining in EU, as the cons out weighs the pros. The economic recession is amplified further by the global recession.

[@weareallbornmad410]

Took you long enough.

[@dimikap2190]

As the PM of Luxembourg, Xavier Bettel, said "the Brexit is your choice".

[@StLaparole]

Well there´s a lot to be said about Luxembourg- we´ll get to that later.

[@losttraveler7673]

I love your videos. Keep the good work going.

[@reiKANRA]

I had an exam today and your BREXIT playlist saved me! Keep it up with the great videos and good luck on reaching your subgoal

[@Siorc]

Of course we are open to renogociations! First, let's talk about Gibraltar...

[@WillHayes44]

What's with Gibraltar?

[@ElSeto93]

Well, the big difference between the EU and the UK, is that the EU used it time to prepare for a possible no deal brexit and already have their contigency in check. Meanwhile the UK is still bantering in the House of Commons instead of solving anything.

[@newbooksmell4163]

It's almost as it no one is benefiting from this situation... hmmmm.

[@ianhamilton3113]

What about Insolvency accountants and short sellers? Must admit, can't think of anyone else. I'll give it some more thought.

[@tontobrot]

Smugglers are going to make a killing!

[@Anna133199]

Russia, US, China, other countries that would like to exploit the UK?

[@ChibiViolin]

Not now but someone will have to save Europe from themselves again. It wouldn't be quite right for a century to go by with out ud saving them front one tyrant or another.

[@Mexalen81]

If you asked me half a year ago, I would have said, that it is preferable to avoid a No Deal Brexit. Now I really hope, that the EU won't buckle last minute. British goverment has displayed an embarasing performance in handling the situation and simply doesn`t deserve a leg up. As other commenters have already explained: the economic impact is actually smaller and definately worth it. Keeping EU united, has to be a primary goal now.

[@Anna133199]

Hmm. I think their parliament seems a lot more embarrassing than their government, to be honest. May is really trying to do what she thinks is best for the UK, while certain MP's seem to see the whole thing as a game or debating society challenge.

[@matthra]

I wouldn't hold my breath for the EU to offer a better deal. They are interested in sending a message to other states thinking about leaving the EU, look what happened to the UK.

[@kpl4174]

Day UK leaves the EU will be great as you get rid of the madness little by little

[@SuprSi]

White knighting for your EU overlords eh? If they weren't so controlling we wouldn't be wanting to leave.

[@petrrieger2680]

@@SuprSi bye bye :)

[@sam_dalioni]

You forgot about Scotland independents , they voted to stay in the EU. Northern Ireland won't stay quiet when the people start losing there jobs and free movement to Ireland.

[@joejanota707]

I already live in poverty, not looking forward to this.

[@horizonbrave1533]

As an American I love your channel, we don't always get the nitty gritty details over here!

[@j.obrien4990]

It like separating Siamese twins but only the big one gets all the vital organs

[@squirrelgolem]

Where did you get the number of €16.5 billion? Because the UK pays £13.9 billion but receives £4.4 billion. Meaning there's a hole of ~€10.8 billion. Still, nothing to trifle with. Just wondering if the gains-which are obviously canceled after Brexit-were detracted or not.

[@michael48892]

No deal will result in the break up of the UK. The demographics in Northern Ireland already point to reunification in about 30 years and a no deal brexit is going to speed that up. After Northern Ireland is out Scotland will be soon after

[@FuturamaFan2010]

More pros of brexit I see. The reason we have countries in the first place is due to different laws and cultures. When you force more and more of theses countries together and don't let it happen naturally they end up hating or resenting each other. Nations can still work together and be allies without shattering the borders in-between.

[@ChibiViolin]

Scotland has no money. Why would the EU except them?

[@FuturamaFan2010]

@@ChibiViolin exactly they spend the entire time shitting all over England and yet it is the English that pay for the net negative that the Scottish people produce in total GDP The EU have enough scroungers and Scotland would be unable to join and even if they were to they'd have to reapply which takes years

[@lucatentellini5136]

With all due respect: EU with no UK=440 million people and still the first economic market in the World. One million Britons living in EU will lose their rights and entitlement.....

[@dylanhunt4303]

I don't think the Eu will cave over anything important. It's more likely to force to the UK to make some more promises over future relationship on UK fishery policy :))

[@DanielM2006UK]

It's a case of whose nerve will hold the longest. As much as I don't like it, this situation is heavily favouring the EU as the UK Parliament is starting to show signs of bending to the EUs will. Thankfully, No Deal isn't completely out of the picture, despite a vote to take it off the table which can be ignored. It shouldn't be completely removed because it will undermine the bargaining power of the UK. At this point, the UK needs all of its negotiation power at the ready. The EU already has theirs.

[@QemeH]

@@DanielM2006UK It's really not about nerves, though. There was a deal made between both sides (the UK and the 27 remaining members) and the EU is in the process of ratifying it. It's really not at all unreasonable to expect the UK to do that as well. It's what you do in international relations...

[@philsterthephilster]

@@DanielM2006UK Indeed. The name " Custer" springs to mind. 27 vs 1 are not good odds.

[@etherealhawk]

EU trying to keep using sovereign land what a disgrace

[@QemeH]

@@etherealhawk Pray tell me: What sovereign land does the EU use without express permission by the state it belongs to?

[@dermotc4070]

Very disappointing that the Irish border segment didn't even refer to the Northern Ireland peace process. It's kind of largely significant.

[@shanerooney7288]

100k subs before the UK leaves the EU only 97 years to go.

[@Xaran001]

I think that you have done a good job of being impartial, however I do think that you underestimate the impact that Brexit will have on the EU. Below are some of the things that I think you may have missed. 1. The EU is a protectionist zone with hundreds and hundreds and of Tariffs on their borders, This works well for trade within the Eurozone as its makes the rest of the worlds goods to expensive to compete. However Britain is moving from high tariffs to free-trade and so it will quickly become a fact that EU products will not be able to compete in Britain. As an example - trade with the EU comprises approximately 11% of Britain's GDP and a loss like that would certainly hurt, but Britain already has in place "statement of intents" from Australia, New Zealand and about 5 or 6 smaller nations together these will contribute approximately 7.5% towards the gap. That's good for Britain but how will that effect the EU? Well suddenly any natural resource such as steel will be cheaper in the UK than the EU and as for manufactured goods lets think about cars …. The life blood of Germany. last time I looked the EU have a tariff of around 38% on cars … and so the average small car in the UK costs around £10,635 to £12,715 … In Australia they can be had for the same price in AUD which would translate to ~6 - 8000 quid plus shipping. Imagine what will happen once they complete negotiations with the US and China?????? 2. As you can see above, the EU will not be able to have free trade with the UK as this would simply suck all the cash out of the EU and bypass the customs union altogether. The only reason the Eu is playing hardball is they are trying to suck the EU back into the customs union and prevent them signing free-trade agreements with the rest of the world. The scenario above will simply mean that if a no deal Brexit happens, then the Eu will pretty much lose the UK market altogether. 3. Yes is true that the articles of the EU allow them to print money in times of emergency ….. but seriously? This will simply devalue a currency that will take a hit anyway once a no deal Brexit goes ahead, sure the pound will too …. however the pound will recover trade deal by trade deal …… What will the EU do?? Anyway just a few thoughts

[@mucsalto8377]

sorry, but the first and most important part of your argument is wrong. The EU has trade deals with most of all countries in the world. These treaties are always to reduce tariffs and to smooth trade. The most important treaties: Canada, Japan and China. Why should any important country offer better conditions to the UK than to the much bigger EU? The often cited "FREE TRADE" is trade under WTO rules wich is asking for much heavier tariffs then the EU does. Trade deals take years to negotiate, not months - so it seems for me to be at the disadvantage of the UK to fall back to WTO rules. For example: more than 50% of all food supply in the UK is imported. Ian Wright, chief executive of UK industry body the Food and Drink Federation (FDF):"GBP13.3bn of UK food and drink production would be subject to prohibitively high WTO tariffs and exports of many products would stop overnight. These tariffs are significantly higher for agri-food and drink than for any other products, peaking at more than 100% on fruit, vegetables, meat, oil seeds, sugars and confectionery and beverages."

[@ChrisEvvo]

Pretty sure theres only 4 net contributors to the EU budget: Germany, France, UK & The Netherlands

[@BlunderCity]

Haha really? You don't think rich countries like Denmark, Sweden or Austria are net contributors? There were 11 net contributors during the 2007-2013 budget cycle (average yearly for that period) which were, in order of their net contribution: 1- Germany 2- France 3- UK 4- Italy 5- Netherlands 6- Sweden 7- Belgium 8- Denmark 9- Austria 10- Finland 11- Luxembourg The 2014-2020 won't look that much different but Ireland will likely be added. The UK might move to number 2 and the gap might narrow between Italy and Holland. In 2017, the last figures available, there were also 11: 1- Germany 2- UK 3- France 4- Italy 5- Sweden 6- Netherlands 7- Austria 8- Belgium 9- Denmark 10- Finland 11- Ireland Not sure why Luxembourg was a 13.9 million beneficiary that year, it was also the case last year.

[@LegendNinja41]

@@BlunderCity according to Offical Stats, Luxembourg spend 311m € into the EU Fund in 2016 and received 1,787 billion € from the EU Fund. here's apparently why that is: ''In 2016 Luxembourg received €1.79 billion in EU spending, mostly due to the presence of several EU institutions. EU administrative expenditure accounted for €1.47 billion, or 82% of total spending. Regional and agricultural policy amounts accounted for only 2% (33 million) and 3% (59 million) respectively, far below the EU-28 averages of 32% and 46% in those sectors. Research and development took €196 million (11%), just below the EU-28 average of 12%. ''

[@BlunderCity]

@@LegendNinja41 The EU's official statistics figures show that Luxembourg has been a net beneficiary in the last two years but I am skeptical. Lux is a tiny country with significant EU institutions (ECJ, EIB etc...) so I suspect the figures reflects a technicality related to the funding of these institutions. When a country is very small, the slightest asterisk can screw up the overall stats.

[@cucubau5258]

I wouldn t worry about EU at this point !:)))

[@monomakes]

Very informative, thanks! I liked the 'tune in to find out what happens next week!' ending :)

[@Michelrs]

Why you don't ever mention Italy? We are the second industry of Europe. Cmon

[@greenfox1991]

Because we have huge debt

[@Michelrs]

@@greenfox1991 don't be silly. Japan has a way bigger debt and people talk about Japan all the time..

[@greenfox1991]

@@Michelrs I know, but our fellow Europeans think that of Italy

[@pit-fz4wi]

@@greenfox1991It doesn´t matter whether you have high or low debts Italy is a Beautiful country and of Course very important for the EU even more important Since the UK leaves we as the EU need to hold together

[@greenfox1991]

@@pit-fz4wi I never said Italy sucks. But some people are butthurt by Italian debt. Not my opinion.

[@Niilomaan]

For some reason I hadn't subbed to you yet, even though KZbin keeps suggesting your every new video to me, while not suggesting many of the channels I have subbed to. Fixed that hindsight now. (Not that it changes anything.) Keep up with the great content!

[@IamTheHolypumpkin]

Nooooo 5:12 "Increased real estate prices in Frankfurt" are not benificial to most of the people. 😭 Only for the super rich people and real estate investors. Please don't make a no deal UK I'm from Frankfurt and I don't want even higher real estate. Please no no deal how shall we pay our "Äppelwoi" (a specific Form of cider which is really popular here) and "Handkäs" (a cheese which makes you fart all day) than if real estate prices go up.

[@juliuss2056]

Denk mal nach warum die Wohnungspreise hoch gehen: Bei einem no deal gibt es mehr Jobs in Frankfurt weil eine Menge Banken von London dahin umziehen. Mehr Jobs daher mehr Leute die bereit sind Geld für Wohnung zu zahlen und deswegen auch höhere Wohnungspreise.

[@eugenioshi]

on the other hand I'm happy that UK rents will be lower until the recession gets bad enough that I come back to the EU

[@IamTheHolypumpkin]

@@juliuss2056 Ich weiß. Aber die sollen nicht höher werden. Ich finde ein guter Preis pro Quadratmeter sollte die Hälfte des Mindestlohn sein und nicht höher (und das direkt in Stadtkern). Die (Sozial) Wohnungen sollten homogene über die Stadt verteilt werden am besten. Dh. Nie zwei Sozialwohnungen nebeneinander sonder sozial, freifinanziert, Luxus Wohnung direkt nebeneinander um eine bessere durchmichung zu bekommen. Alle Wohnungen werden trotzdem das exakt selbe Layout haben nur der qm preis ist extrem unterschiedlich. Wer viel Geld hat kann für die selbe Leistung mehr zahlen.

[@IamTheHolypumpkin]

@@eugenioshi At least one will benefit, worth it 😂! I hope for the UK that they try everything they to avoid no deal. Let's hope the recession won't be that bad. I wouldn't like the UK suffers to much from it. You're nice people and the EU loves you brits even if you sometimes seem you guys got a a little bit crazy on your island 😁 (not bc of brexit in general).

[@juliuss2056]

@Fhjthnl Lol Iuyo lol if you think the EU 27 are gonna compromise the single market just to give the UK an easier time you are sorely mistaken. The UK decided to leave and not the other way round. It's not the EU's responsibility to save the UK from themselves at all cost.

[@TheKingElfstone]

Hold on. The NHS does NOT count towards settled status. You need to have private health insurance.

[@whocares2087.1]

No deal is coming. Hope you like poverty, brits.

[@Thranduil82]

While I'm sure some short term disrupture in the economy will occur, the British territory won't sunk beneath the sea after brexit.

[@DanielM2006UK]

It goes both ways, if UK leaves with No Deal, guess who will be expected to front up the money? Plus with Italy now in recession and Germany just about avoiding one of their own, it's going to reverberate every where. Hopefully something can be done to minimise the blow

[@sunnyjim1355]

I so hope you're right... :D

[@QemeH]

Well, we COULD always hope for the HoC finally agreeing on something - be it cancelling brexit, taking the deal or having a second referendum. But since "no deal" is the option that happens if everybody just keeps their position, that is what my money is on as well. Edit: Oh and before some clever brexiteer wants to argue that they have agreed on something, namely to try and renegotiate with the EU... It's not "doing something" if you tell your PM something that is impossible. That's just kicking the can down the road.

[@dandun30]

I'm going to wallow in poverty and freedom

[@jacquescousteau4592]

How could you count increased real estate prices in german cities as a good thing for Germans. Living in the cities becomes to expensive for many people anyways, it is a huge problem.

[@DanielM2006UK]

Would you do a video on Article 24 Paragraph 5 of GATT. It's has been cropping up a lot of late as a supposed answer to help in a No Deal situation. I've tried reading it, but it's all in legalese. The suggestion is that if no deal can be reached, both the UK and EU can meet at WTO head quarters and can agree a time period of about ten years of free trade without changing the trade agreements. It sounds too good to be true and I can not see any mention of a timed period. It has already been dismissed by some, by championed by Leavers.

[@VolkerHett]

That's about FORMING a customs union or Free Trade Area, not leaving one.

[@josephharrison8354]

Article 24 basically sets out how one might facilitate easy trade in goods while a permanent trade relationship is being negotiated. But it doesn't cover customs or regulatory alignment, and it only concerns goods, meaning services wouldn't be helped by an Article 24 temporary relationship.

[@juliuss2056]

It literally has no substance. Just some stupid leave propaganda. The video would just be "this wouldn't work in this scenario. The end."

[@DanielM2006UK]

@@VolkerHett I've also heard something similar and that the existing agreement can still be adhered to for a supposed ten year period. It sounds very much like the promise of giving the £350 million membership to the NHS on the Leave Bus, an empty promise.

[@VolkerHett]

@@DanielM2006UK A drowning man grabbing for a straw ...

[@freddieb3537]

The boarder problem within Ireland is a lot more complex than discribing here. No mention of the potential for the return of the troubles if a land border is installed.

[@Caomhanach]

Ireland is also a net contributor, but not listed as one. How much of the rest of this article is accurate?

[@BlunderCity]

It depends what measure of a net contributor you choose. Ireland wasn't a net contributor in the last complete budget cycle (2007-2013) but it's likely to be in this budget cycle (2014-2020).

[@LegendNinja41]

also UK's Net Contribution is 9.4 bn pounds and not 16.5 bn €, or are 9.4 bn pounds now 16.5 bn € ? i don't think so and my source is the office of statistics(UK Government).

[@LegendNinja41]

@@BlunderCity yeah probably they will in the future, i just looked at the Offical EU Sites but the last Data is from 2016: Ireland contributed 1,674bn € into the EU Fund and got 2,037bn € from the EU Fund, 160 million € more had to be spend thanks to the UK's ''UK Rebate'' but all in all it doesn't really matter much, Ireland doesn't spend much into EU Fund and also doesn't get much from it as it has a small population.

[@BlunderCity]

@@LegendNinja41 Net contributions are a terrible way to calculate the potential funding shortfall the EU faces. They fail to account for country specific issues and don't account for money paid by Brussels to non governmental entities such as research institutions. Also, there are long term funding of some programs as well as programs that share public and private money so using the net contribution headline number is a poor way of examining funding issues. It's a technical accounting measure, not a real representation of money flows.

[@mirandaontheverandah]

Good work! Thanks!

[@Leugim010]

Romania overlaid with the flag of Belgium is such an american thing to do, c'mon brits you're better than this

[@Udontkno7]

i mean, they voted for brexit

[@LossyLossnitzer]

great explanation - thank you

[@hobog]

Rip good friday, rip Scots referendum

[@nienke7713]

Don't know if you still check comments on older videos, but this video is in your playlist twice in a row

[@Arltratlo]

its a shame, i thought to travel to Scotland this summer, now i have to wait for Scotland leaving the UK, so i dont spend money in a hostile country...

[@FuturamaFan2010]

A hostile country? Where are you getting your information from? People all over the UK are living with migrants from inside and outside the EU and the majority get on just fine. It's only once one culture or country dominates an area that problems occur with the natives. Take Londons rising knife crime.

[@Arltratlo]

@@FuturamaFan2010 the only place in this world i was harrased because of my nationality was in England, not in Scotland or Wales, only in England, so i can call it a hostile place if i want to.... and i do it... your people screwd up, live with the results of their actions...

[@lifeyoushouldtryit]

@@Arltratlo oh you mean like Merkel's migrant crisis that suddenly became everyone's problem when it was actually just germanys

[@FuturamaFan2010]

@@Arltratlo that's fine you can do that and I'm sorry for your experience. I'm not worried about brexit and hope that both sides of this debate do well in the future. All I saying is that the people who are racist are in the minority. I've been abused in other countries but I try not to think every person in that place is like that

[@davidharris2517]

Anyone who thinks that how brexit will effect the EU is irrelevant is highly arrogant

[@molexi6537]

3:20 didn't know Belgium invaded Romania

[@snowcold5932]

*waffle intensifies*

[@dafefeluma]

belgium couldn't make it in to the video so romania went to give it a hand

[@GorinRedspear]

Sht, don't tell anyone, but it is all a secret plan for world domination...

[@whocares2087.1]

Waffles! Waffles everywhere! Aaaaa

[@bzdtemp]

It is a big flaw that the figured on what the UK pays each year is wrong. The number is really about 14.8 billion Euro and it is totally left out that the UK gets something like 5 billion Euros back. Of course still a lot of money, but worth remembering a lot of those goes to the UK staff in the EU organizations many of whom will be redundant when the UK is out.

[@bufu254]

I like how he says "we want to beat the uk" and here I am like don't worry they are doing that them self

[@trainman07011]

Let's do one on "EU says May's deal or no deal: what do you do now..."

[@johanwittens7712]

Again the same budget mistakes in this vid that were made in previous videos. The EU budget for 2019 is 165 Billion Euro, or 144 Billion Pounds. If the UK contributes 16 Billion Euro per year, that's barely 10%, not 13% as claimed. It is only 9.7% of the EU budget to be exact. And then we have to take into account that the UK gets 6 to 7 Billion Euro per year back from the EU in the form of subsidies and investments in projects. So actually the UK's NET contribution to the EU budget is more like 10 Billion per year, NOT 16 Billion as claimed. The EU is not going to keep sending subsidies to the UK after it leaves! So taken all this into account the NET contributionfrom the UK to the EU budget is NOT at all 13%. It is only 10 Billion of a budget of 165 Billion, so that's only 6% of the total EU budget the EU will be losing if the UK leaves... Or am i really that wrong in my calculations?

[@bosoerjadi2838]

Thanks for clarifying. Any ideas on what happens in case of no-deal to the pensions of the UK MEPs and of UK-nationality EU civil servants? They will all lose their jobs.

[@johanwittens7712]

@REMEMBER ME But countries like greece also contribute to the budget, they just get back more from the EU in subsidies than they contribute. Greece contributes 1.2 Billion per year to the EU, but gets back 5.1 Billion. So by the exact same calculations, the net contribution of greece is -3.9 Billion Euro per year, wich amounts to about -2.5% percent of the total budget of 165 Billion. So basically, of the 10 Billion the UK actually contributes to the EU, 3.9 Billions goes indirectly to greece. The Uk is not the only net contributer. In 2016 for example, Belgium gave 1.4 Billion more than it gets back from the EU, The Netherlands gave 3.6 Billion more than it gets, France gave 9.2 Billion more than it gets, Germany gave 11 Billion more, Italy 3.2 Billion, and so on. There are countries that give more to the EU than they recieve, and that surplus goes to countries that recieve more than they contribute. But EVERY country in the EU contributes, and EVERY country in the EU gets something back. You have to take that into account to be able to calculate what a country actually contributes... So yes the UK contributes 9.7%, but gets something back in return in subsidies and funding for all sorts of projects and research and such. And The UK gets back quite a lot with the 6-7 Billion they get from the EU. So you have to take that into account. The UK does not contribute 16 Billion if it gets 6-7 Billion back from the EU...

[@TheBenj30]

@@johanwittens7712 The 6-7 billion would be net-contribution, not just contribution. So you are both right. Our net-contribution would be 6-7 billion, but in the event of the no-deal the 16 billion which makes up 9.7% would need to be footed by other countries, that is his exact point. The important part is his clarification between contribution and net-contribution.

[@johanwittens7712]

@@TheBenj30 But that is exactly my point. The EU would NOT have to foot the 16 Billion, since in a no-deal scenario the EU will also immediatly stop funding projects in the UK. So the EU immediatly has 6-7 Billion less expenses together with the 16 Billion less income. This is simple expenses versus income stuff. So the EU will lose 16 Billion in income, but it will also lose 6-7 Billion in expenses. So the EU will only have to foot the 10 Billion difference, not the whole 16 Billion... That is my point. And a couple of countries have already made it known that in the event of a no-deal, they would be willing to pay a little more to fill the gap of the 10 Billion the UK would leave. Even in Belgium where i live, the government has been preparing for the no-deal scenario, and have said that they would be willing to pay a little more, albeit reluctantly... So the EU will have to find a way to fill a gap of 6% of it's budget after all is calculated. But that is not even half as much as the 13% claimed. For a "factual" video, that is a pretty big "booboo". And as i said, the EU has been problem solving things like this for decades. It is it's main raison d'être... And the 2009 financial crisis was worse than a 6% deficit in the budget...

[@BonnieSumo100]

So many Londoners and Europeans upset and angry about Britain leaving the European Union. Its like they know the European Union is FUCKED when we leave without a deal.

[@czarzenana5125]

I am not even 4 minutes in and first mistake: the flights are for 12 months, the haulage is for 9 months. Not the other way around as you state in your video. Furthermore haulage will not be as 'current' since trucks can only transport between the UK and the EU, no cabotage (so no transport within the EU27). Both flights and haulage as proposed are only allowed when the favor is returned by the UK. You seem to think passporting rights have anything to do with passports. They don't. It's not quite clear what you meant, but you should have explained better to the viewers, because they will think passporting rights is about passports which it is not. Passporting rights mean you can offer your services in another country without needing extra licenses or permits from the authorities of that other country.

[@TorianTammas]

We should not forget all the investment and companies who prefer to stay in the EU. This means job will move away from the UK.

[@VCYT]

Also... European insurance companies move 1000s to UK. UK foreign investment booming. Unemployment near lowest in EU. Recession predicted in EU in 2019/20 IMF predicts UK will out grow EU GDP this year an next. 100,000+ EU folks apply for british citizenship since 2016. Airbus etc stay as cost of production cost becomes lower. Job moves to EU greatly exagerated, says UBS an others. Some bizes just realign their HQ for EU compliance.

[@superdeluxesmell]

Couple of things: 1. What is your time frame for ‘long-term’? Your figures are meaningless without it. 2. You completely ignored the social/political/historical/legal reasons why a ‘hard-border’ in Ireland must be avoided. The analysis is meaningless without it. Otherwise, great vid as usual!

[@PieterReuse]

I love your video's, but looks like you've placed the flag of Belgium over the shape of Romania. This definately isn't the shape of Belgium. Great content otherwise, keep it up!

[@dylanhunt4303]

yep, that is Romania :D our flags have very similar colors tho :D easy mistake to make

[@JeanLoupRSmith]

It would make no sense for the EU to relent at the 11th hour and offer a deal more beneficial to the UK. For a start, it's not for the EU to come up with terms of a deal but more importantly it would set a terrible precedent for any other country wanting to leave the EU in the future and nobody wants that in Brussels.

[@Flaming1100]

Also the UVF and IRA would likely get back to fighting. Would improve UK Army funding At least.

[@DanielM2006UK]

Well there is talk of an Irish referendum for unification of Ireland. It's been written into the Good Friday Agreement and could be called upon by Ireland when required. It seems to have gained some traction since Northern Ireland want to remain in the EU, reunification might be an option. But, would Northern Ireland be happy leaving the UK. Tough one.

[@tayetrotman]

I’m not sure that better funding for our Army is worth it considering the death and destruction on both sides

[@tayetrotman]

Daniel Maycock A referendum would have to be agreed to by the DUP unfortunately they are about as likely to do that as Sinn Fein are to give up and announce that Northern Ireland is a free part of the UK. However, I think a referendum, if there is one, shouldn’t be held until 2022 because by then Northern Ireland will have had the time to experience and decide wether being in the UK is worth being out of the EU. Still, at this rate we can’t even be sure Brexit will happen, although I suppose it will if the EU backs down and removes the backstop.

[@ParawhoreLoL]

There would be fighting, but not the UVF vs the IRA. Both institutions have forgotten how to fight and have very little guns. The violence would be entirely new and different in my opinion

[@Flaming1100]

@@tayetrotman Doubt the EU will back down on the backdrop since it is partially designed to maintain an international Peace agreement. Could see them going back to the EU original position of a border in the Irish sea. Might be more palatable for the British Brexiters although the Dup would likely explode with fury.

[@johnsrhorgan]

I'd like to see something speculating on what could happen after a No Deal. Everyone seems to be treating it like the world stops spinning. Would Britain never ever have any relations with the EU? That seems unrealistic. In the long term, Britain and the EU would surely establish some arrangements however minimal. In the short term, what would be the most urgent things to sort out?

[@onanmerefat2624]

I think that's clear by now. Making sure you don't starve and get drugs into the country. Then the Irish border problem. Hence the backstop as a safety net you for some reason can't agree to and which precisely is designed to not have the problems after the transition period should your country still not be able to decide what it actually wants.

[@doktorcool3740]

The small setback for the EU from a No Deal Brexit will be worth it in the long run for the EU instead of making concessions which poke holes into the EU27 borders and market. The only thing I'm sorry about are the poor Irish who got f*cked by the English (not the first time :-P), but I guess a hard inner-Irish border can't be helped, unless the UK comes to its senses and in some way stays in the common market (Norway model, whatever). Oh, and you failed to mention in this video that the missing 16B inflow from the UK is partially compensated by the EU-to-UK money flow being stopped at the same time (you did mention it in earlier videos, so I'm surprised you left it out here).

[@scorokeelemental]

The 16b are already a net of this

[@sunnyjim1355]

"The small setback for the EU from a No Deal Brexit " XD

[@Norplinger]

A hard border in Ireland would be illegal under the terms of the Good Friday Agreement.

[@almondandfriends]

ireland will just reunite probably, if not now in a little while

[@Woffenhorst]

@@Norplinger So why is the UK breaking it's own laws then?

[@EMHu3]

hi there, I just shared your video on my FB ac and noticed the image that appears still has the mis-spelling of 'affect' as 'effect' - it reads 'HOW WILL NO DEAL EFFECT EU NATIONS'. i used the share link to copy and paste. you might want to look into that bc it spoils the post. The video is very informative. thank you.

[@pit-fz4wi]

The UK was since the very beginning of the EU always against reforms towards more european Integration, so when they are gone it will be easier to do the reforms. And all the countries thinking about leaving too will think twice after this example. But I´m sure in 10 to 20 years a new generation in the UK will think differently about this matter and I will be happy to welcome the UK back in the EU but the next time there will be no Special Treatment for the UK and no british rebate

[@TheBenj30]

I really disagree - honestly, even people who voted remain, I doubt you could find a majority out of them who want continued integration within the EU. Currently I don't believe the EU is capable of reflecting the opinion of its member states, and continued integration will simply lead to more and more people believing their voices aren't heard. I think it's completely unreasonable to expect a country who joined a trade union to turn itself into a member of an EU Superstate.

[@FuturamaFan2010]

It's not going to happen the UK had always been different throughout history due to the 22 miles of water that separated them from the mainland of Europe. In 10-20 years time the EU may still not be around if they don't reform the vast majority of Europe have had enough of it taking away cultures and trying to make countries States of the EU. If the EU reformed Brexit wouldn't of happened

[@pit-fz4wi]

@@TheBenj30Why is everyone worried about an european superstate??? I can´t remember any politician talking about that and constitutionally it is simply impossible!

[@SuprSi]

@@pit-fz4wi what do you mean simply impossible, they already force laws down the throats of the member States, we've just had enough of it and want to rule our own country. Have fun being powerless.

[@pit-fz4wi]

@@SuprSi In the EU treaty is clearly stated that the principle of subsidiarity has to be followed meaning tha the smallest political unit decides (the countries) and only if every member agrees to a Change he treaty a superstate is possible. But to do that in many countries (I know it only for Germany exactly but I think others have equal laws) a Change of constitution is needed to inegrate the Country into an other. To do so you Need (in Germany) two thirds of the parliamentwhich is in times like this simply not possible especially not in eastern european countries. And the laws forced down your throat are made by the People you voted for in case of the european parliament dirctly and in the case of the commission and the council indirectly. Every european Institution is more democratic than your house of Lords.

[@SirBlade666]

How much of the UK exports to the EU are likely to remain? When Airbus and Toyota move their factories from the UK to the EU, the EU27 might actually get an economic boost. The same will happen when the City is forced to move a lot of capital and job. Can the UK import cheaper from non-EU countries, especially when considering distance? For example: will wine from South-Africa be cheaper then wine from France?

[@flitsertheo]

Not without a trade deal, as the same WTO tariffs will have to be applied to all countries. The only way to get cheaper prices is to trade with a country that doesn't respect workers rights, including paying very low wages.

[@addydiesel6627]

Our sun effects heat and light both of which affect our atmosphere. On the other hand the moon only effects light. However the gravity of our moon affects the position of water bodies on the Earth's surface by pulling them closer to the moon. This gravitational effect will produce periodic tides. In other words the moon effects tides on the earth's surface. Clear?