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Ireland more important to UK exports market than China

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Post New Irish Message Discussion In Sceala Irish Craic Forum    Reply To Irish Community Message About Ireland more important to UK exports market than China In Sceala Irish Craic Forum
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Blackie

Sceala Philosopher
Location: An Baile Meanach ~ Ballymena Ireland






Sceala Irish Craic Forum Discussion:     Ireland more important to UK exports market than China

Turns out little Ireland is more important to England than they would care to admit.
Peter Robinson and David Trimble still like to think the UK is so superior to the free state.
The Republic soaks up some 7 per cent of UK exports, which for all the bluster surrounding the British Government's trade mission to Beijing, is far higher than British sales to China.
This is their own right wing press saying this. Daily Mail.
Turns out England and their wee satellite states, they cynically call the UK, rely upon the free state more than China.

The satanic sons of Dr No, Trimble and Robinson, only ever look happy when bad news about the free state is reported.
This news will have made them throw up their breakfast of hate.

Celtic storm threatens to rain on Britain
I do not know if things are as bad in the free state as the UK press often likes to make out. The Daily Mail is not known for respecting or crediting the Irish, so, the exports and negative impact to the UK we can take as factual.

Points from the Daily Mail article
Celtic storm threatens to rain on Britain
This is not a car crash that Britain may turn its neck to observe before speeding off into the distance: the crisis engulfing Ireland has raised fears of contagion across the EU - which accounts for 60 per cent of UK exports.
Concerns that a bailout for Ireland would force hefty losses on bondholders have triggered punishing sell-offs in the debt of Spain and Portugal, which are also suffering from ballooning deficits.

The implications of the eurozone's growing turmoil for Britain's export-led recovery are plain to see.

But the economic ties that bind Dublin and London are even tighter still. The Republic soaks up some 7 per cent of UK exports, which for all the bluster surrounding the Government's trade mission to Beijing, is far higher than British sales to China.

Moreover, the two financial systems are intimately intertwined, with Royal Bank of Scotland and Lloyds each boasting sizeable operations in southern Ireland.

Who would have thought little old Ireland could inflict such economic damage to the UK.
The British city financiers who were laughing and mocking Lenihan and Ireland, silenced by their own blind greed.Irish Community Images

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