So Brexit seems to be a good thing then.
17 October 2016, 02:17 AM
#1
So Brexit seems to be a good thing then.
https://www.theguardian.com/business...e-economy-rise
Personally I think it's just another con to make the rich richer and the poor poorer, I'm sure our puppet masters are making a very large fortune out of the de-valuation of the pound.
Personally I think it's just another con to make the rich richer and the poor poorer, I'm sure our puppet masters are making a very large fortune out of the de-valuation of the pound.
17 October 2016, 03:40 AM
#2
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Be interesting see if another country exits eu in the coming couple years
Cos if it all collapses then presumably we'll be back to square one
Cos if it all collapses then presumably we'll be back to square one
Last edited by dpb; 17 October 2016 at 03:42 AM.
17 October 2016, 05:53 AM
#3
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I voted to remain, simply because I thought the company I work for (Nissan) would suffer.
However, it seems from recent news articles and the CEO meeting with May at Downing Street that things are going OK. I hope this is the case and that my job, along with many other people's jobs in the UK, will be safe for years to come
However, it seems from recent news articles and the CEO meeting with May at Downing Street that things are going OK. I hope this is the case and that my job, along with many other people's jobs in the UK, will be safe for years to come
17 October 2016, 07:58 AM
#4
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I voted to remain, simply because I thought the company I work for (Nissan) would suffer.
However, it seems from recent news articles and the CEO meeting with May at Downing Street that things are going OK. I hope this is the case and that my job, along with many other people's jobs in the UK, will be safe for years to come
However, it seems from recent news articles and the CEO meeting with May at Downing Street that things are going OK. I hope this is the case and that my job, along with many other people's jobs in the UK, will be safe for years to come
think of it more as "taking back control" of your life
Last edited by hodgy0_2; 17 October 2016 at 09:43 AM.
17 October 2016, 10:13 AM
#6
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yes Japan would
they actually make things after all
I am not sure it is so relevant to us - because we don't seem to
we where told that the last devaluation of the pound after the financial crash would boost our manufacturing
has it?
what it does do is boost asset prices - great for property owners in London like me
they actually make things after all
I am not sure it is so relevant to us - because we don't seem to
we where told that the last devaluation of the pound after the financial crash would boost our manufacturing
has it?
what it does do is boost asset prices - great for property owners in London like me
Last edited by hodgy0_2; 17 October 2016 at 10:14 AM.
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17 October 2016, 03:23 PM
#8
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I mentioned it a month or two ago
but it seems like a serious move is underfoot to make a special exception for the City / Financial services
https://www.theguardian.com/business...ssport-is-lost
FT article paywalled - but can be got from a google search
"UK looks at paying billions into EU budget after Brexit"
"Britain would continue to pay billions of pounds into the EU budget after Brexit to maintain cherished single-market access for the City of London and other sectors under plans being discussed by Theresa May’s cabinet."
So the 350 mil / week will go to the bankers and not the NHS. Why am I not surprised - and prob the right thing to do
The bus should have had:
"We send the EU £350 million a week, lets fund our bankers instead".
:-)
but it seems like a serious move is underfoot to make a special exception for the City / Financial services
https://www.theguardian.com/business...ssport-is-lost
FT article paywalled - but can be got from a google search
"UK looks at paying billions into EU budget after Brexit"
"Britain would continue to pay billions of pounds into the EU budget after Brexit to maintain cherished single-market access for the City of London and other sectors under plans being discussed by Theresa May’s cabinet."
So the 350 mil / week will go to the bankers and not the NHS. Why am I not surprised - and prob the right thing to do
The bus should have had:
"We send the EU £350 million a week, lets fund our bankers instead".
:-)
17 October 2016, 03:24 PM
#9
Maybe the pound will devalue to a point that will make it financially unviable for immigrants to come to the UK. 
Won't stop all the overseas property "developers" from buying up even more property as weaker pound means it's even cheaper for them to buy!
Won't stop all the overseas property "developers" from buying up even more property as weaker pound means it's even cheaper for them to buy!
17 October 2016, 04:43 PM
#10
We don't build things . Instead we import. Perhaps if we didn't import so much we may start "making things" again.
I can't see Germany ignoring the 18billion worth of goods we import from them every year.
Enough of the doom and gloom from the bitter, propaganda swallowing remoaners.
. Instead we import. Perhaps if we didn't import so much we may start "making things" again. I can't see Germany ignoring the 18billion worth of goods we import from them every year.
Enough of the doom and gloom from the bitter, propaganda swallowing remoaners.
17 October 2016, 07:29 PM
#11
yes Japan would
they actually make things after all
I am not sure it is so relevant to us - because we don't seem to
we where told that the last devaluation of the pound after the financial crash would boost our manufacturing
has it?
what it does do is boost asset prices - great for property owners in London like me
they actually make things after all
I am not sure it is so relevant to us - because we don't seem to
we where told that the last devaluation of the pound after the financial crash would boost our manufacturing
has it?
what it does do is boost asset prices - great for property owners in London like me
Thinking I might wait until the pound is equal to the euro and sell my place out here for an obscene profit.
Might even put my pad in the uk on the market and move to florida, between the two I'd be proper minted stateside.
18 October 2016, 12:24 AM
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We don't build things . Instead we import. Perhaps if we didn't import so much we may start "making things" again.
I can't see Germany ignoring the 18billion worth of goods we import from them every year.
Enough of the doom and gloom from the bitter, propaganda swallowing remoaners.
. Instead we import. Perhaps if we didn't import so much we may start "making things" again. I can't see Germany ignoring the 18billion worth of goods we import from them every year.
Enough of the doom and gloom from the bitter, propaganda swallowing remoaners.
The UK is comfortably in the top 10 manufacturers on the planet.
Of course Germany wants to export to us, but in itself that's a fairly risible argument ('propaganda swallowed' by you). We aren't going to be negotiating with Germany, we have to negotiate with 27 countries, most of which we gave a trade surplus with. At this stage it's fairly unclear what we are going to offer them.
The reason the pound is tanking is because the markets don't have confidence in the post Brexit UK economy.
So whilst there are clearly some benefits to a devalued currency, the underlying issue should be a concern to everyone.
Last edited by Martin2005; 18 October 2016 at 12:34 AM.
....Ran off with his tail between the legs once again as a proven liar..
21 October 2016, 04:46 PM
#21
We do make things, so why the 'doom and gloom' from you?
The UK is comfortably in the top 10 manufacturers on the planet.
Of course Germany wants to export to us, but in itself that's a fairly risible argument ('propaganda swallowed' by you). We aren't going to be negotiating with Germany, we have to negotiate with 27 countries, most of which we gave a trade surplus with. At this stage it's fairly unclear what we are going to offer them.
The reason the pound is tanking is because the markets don't have confidence in the post Brexit UK economy.
So whilst there are clearly some benefits to a devalued currency, the underlying issue should be a concern to everyone.
The UK is comfortably in the top 10 manufacturers on the planet.
Of course Germany wants to export to us, but in itself that's a fairly risible argument ('propaganda swallowed' by you). We aren't going to be negotiating with Germany, we have to negotiate with 27 countries, most of which we gave a trade surplus with. At this stage it's fairly unclear what we are going to offer them.
The reason the pound is tanking is because the markets don't have confidence in the post Brexit UK economy.
So whilst there are clearly some benefits to a devalued currency, the underlying issue should be a concern to everyone.
No propaganda...https://www.destatis.de/EN/FactsFigu...ublicationFile
My point being as much spin as the likes of the BBC want to put on the EU's annoyance at us daring to make our own democratic decisions I can't see them cutting their nose off to spite their face.
21 October 2016, 04:59 PM
#22
No doom and gloom, the opposite in fact, hence the smiley face. It was more in reply to Hodgy saying we don't seem to make things. As for Propaganda swallowed by me No propaganda...
https://www.destatis.de/EN/FactsFigu...ublicationFile
My point being as much spin as the likes of the BBC want to put on the EU's annoyance at us daring to make our own democratic decisions I can't see them cutting their nose off to spite their face.
No propaganda...https://www.destatis.de/EN/FactsFigu...ublicationFile
My point being as much spin as the likes of the BBC want to put on the EU's annoyance at us daring to make our own democratic decisions I can't see them cutting their nose off to spite their face.
And even if they were to do so there is the whole rest of the world to deal with now that we are shaking off the shackles of EC restrictions.
21 October 2016, 05:58 PM
#23
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No doom and gloom, the opposite in fact, hence the smiley face. It was more in reply to Hodgy saying we don't seem to make things. As for Propaganda swallowed by me No propaganda...
https://www.destatis.de/EN/FactsFigu...ublicationFile
My point being as much spin as the likes of the BBC want to put on the EU's annoyance at us daring to make our own democratic decisions I can't see them cutting their nose off to spite their face.
No propaganda...https://www.destatis.de/EN/FactsFigu...ublicationFile
My point being as much spin as the likes of the BBC want to put on the EU's annoyance at us daring to make our own democratic decisions I can't see them cutting their nose off to spite their face.
Both France and Germany have election soon, both governments are under pressure. They simply cannot be seen to cave in to the UK demands.
21 October 2016, 06:01 PM
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In the shot to mid term there will be some difficulties and challenges.
I'm already seeing this in my role.
21 October 2016, 06:09 PM
#25
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oh dear
the free trade deal Canada was negotiating with the EU has collapse
http://www.bbc.co.uk/news/world-europe-37731955
these easy to negotiate free trade deals seem harder that first thought
the free trade deal Canada was negotiating with the EU has collapse
http://www.bbc.co.uk/news/world-europe-37731955
these easy to negotiate free trade deals seem harder that first thought
21 October 2016, 06:11 PM
#26
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21 October 2016, 06:34 PM
#27
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No doom and gloom, the opposite in fact, hence the smiley face. It was more in reply to Hodgy saying we don't seem to make things. As for Propaganda swallowed by me No propaganda...
https://www.destatis.de/EN/FactsFigu...ublicationFile
My point being as much spin as the likes of the BBC want to put on the EU's annoyance at us daring to make our own democratic decisions I can't see them cutting their nose off to spite their face.
No propaganda...https://www.destatis.de/EN/FactsFigu...ublicationFile
My point being as much spin as the likes of the BBC want to put on the EU's annoyance at us daring to make our own democratic decisions I can't see them cutting their nose off to spite their face.
And it would be interesting to see where we stand if we took our arms industry out of the equation
21 October 2016, 07:20 PM
#28
Is our net £10 billion contribution to the EU a price worth paying for tariff-free access to the EU market? If we left the EU with no trade deal at all, which is unlikely, our exports would face EU tariffs averaging just 2.4 per cent. But our net contribution to the EU budget is equivalent to a 7 per cent tariff. Paying 7 cent to avoid 2.4 per cent costs makes no sense.
EU membership prevents the UK negotiating free trade deals – and the EU has negotiated few deals for us: none with China, India, Australia and Brazil just to start with.
Does the EU’s size mean it gets better deals than we could alone? This is the reverse of the truth. The more countries involved in a trade deal the harder, slower and worse the result.
Perhaps we're not as doomed as the serial whiners would have us believe.
21 October 2016, 07:54 PM
#29
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Is our net £10 billion contribution to the EU a price worth paying for tariff-free access to the EU market? If we left the EU with no trade deal at all, which is unlikely, our exports would face EU tariffs averaging just 2.4 per cent. But our net contribution to the EU budget is equivalent to a 7 per cent tariff. Paying 7 cent to avoid 2.4 per cent costs makes no sense.
EU membership prevents the UK negotiating free trade deals – and the EU has negotiated few deals for us: none with China, India, Australia and Brazil just to start with.
Does the EU’s size mean it gets better deals than we could alone? This is the reverse of the truth. The more countries involved in a trade deal the harder, slower and worse the result.
Perhaps we're not as doomed as the serial whiners would have us believe.
EU membership prevents the UK negotiating free trade deals – and the EU has negotiated few deals for us: none with China, India, Australia and Brazil just to start with.
Does the EU’s size mean it gets better deals than we could alone? This is the reverse of the truth. The more countries involved in a trade deal the harder, slower and worse the result.
Perhaps we're not as doomed as the serial whiners would have us believe.
