Re: Brexit Anyone? (part 4) : Thu Aug 08, 2019 11:37 am  

IR80 wrote:

Everyone have a cup of tea and laugh at John McDonnel, Cringebin's left hand man, and another Labour loser.

Talking of losers.

Re: Brexit Anyone? (part 4) : Thu Aug 08, 2019 12:10 pm  

tigertot wrote:

Talking of losers.

Thing is, I know facts.

But it's OK, Cringebin is busy watching Football, I think he has a Geography lecture shortly, and he will claim the Earth is flat.

Re: Brexit Anyone? (part 4) : Thu Aug 08, 2019 1:12 pm  

IR80 wrote:

Thing is, I know facts.

Try stating some instead of childish Daily Mail headlines. I don't think you've had an original thought in any of your sad iterations.

Re: Brexit Anyone? (part 4) : Thu Aug 08, 2019 1:37 pm  

tigertot wrote:

Try stating some instead of childish Daily Mail headlines. I don't think you've had an original thought in any of your sad iterations.

I dislike Labour (or work shy as I call them), and I do NOT read the Daily Mail. But keep the attempted insults coming, just makes you look the "individual" that you are.

pathetic

Re: Brexit Anyone? (part 4) : Thu Aug 08, 2019 1:49 pm  

IR80 wrote:

I dislike Labour (or work shy as I call them), and I do NOT read the Daily Mail. But keep the attempted insults coming, just makes you look the "individual" that you are.

pathetic

They are opinions, not facts. A bit like your Daily Mail headlines.

Re: Brexit Anyone? (part 4) : Thu Aug 08, 2019 5:52 pm  

wrencat1873 wrote:

Here we go again.
You didn't say he was "that bad" but you certainly questioned his judgement, as if to doubt that we will suffer an economic shock if a "no deal" exit happens on 31st October.
Yes, of course economists dont get it right every time, sometimes we are talking degrees of error and on other occasions, most notably the crash of 2007/2008 but, Carney is certainly viewed as a safe pair of hands and was asked to stay in his current position until Brexit was done.
As for Sovereignty, what exactly are you wanting/expecting post Brexit.
There will be no magical lightening bolt and even in the best case scenario, we will have some very difficult years ahead, with no guarantee of improvement in the long term.

We may be able to pass "our own laws" but, like it or not, Britain cannot survive on it's own and we will still have to satisfy EU regulations for any goods that we wish to supply over there.
Either we need to cosy up even closer to the US or still ally ourselves with The EU.
It was interesting a few weeks ago, that following the oil tanker seizure by the Iranians, Britain, no longer capable of fighting it's own quarter, instantly wanted help from Europe.

We have a decent sized ecconomy, these days, largely built on finance, something that our former "friends" in Europe will be desperate to take a slice of and remembering that much of our finance is actually servicing "European" money, they are likely to take some of this business and as outsiders, we will be powerless to prevent this, which wouldn't happen is we were within the EU.

You also have to think that Scotland will be striving harder still to gain their own independence which will weaken Britain's position still further.

To coin a phrase "here we go again"
Of course I'm questioning his judgement in certain cases. It's not like he hasn't made mistakes in the past. Just who views him as a safe pair of hands? It was May who asked him to stay on. Are you saying you agree with her judgement ? If so I bet its the only thing, conveniently, on which you do.
You say economic shock, I say short term downturn. Which phrase you agree with depends on which side of the Brexit fence you're on.
Yes we can make our own laws and just as importantly hold our representatives to account for the laws they make. Instead of them throwing their collective hands in the air and proclaiming "it wasn't me guv" and blaming the EU for the country's ills.
Of course we will have to comply with EU regulations to export to them. Just as we do with every other country we trade with and just like they will have to comply with ours. Its nothing new.
Ah yes financial services. 52% of our exports to the EU are financial /business services. No tariffs on them, look it up. Interestingly we run a £29billion surplus on those but a £93 billion deficit on trade in goods.
Finally the oil tanker episode. Yes we did ask the EU for help as we are still funding them. Did we get it?

Re: Brexit Anyone? (part 4) : Fri Aug 09, 2019 4:20 am  

wotsupcas wrote:

Yes we can make our own laws and just as importantly hold our representatives to account for the laws they make. Instead of them throwing their collective hands in the air and proclaiming "it wasn't me guv" and blaming the EU for the country's ills.

I'd hope you'd be sensible enough to realise this is just our politicians are lying and not taking responsibility rather than it being the truth. Them lying about what power they have is not a good reason for abandoning our fundamental trading relationship.

wotsupcas wrote:

Of course we will have to comply with EU regulations to export to them. Just as we do with every other country we trade with and just like they will have to comply with ours. Its nothing new.

The reality is our rules will just match theirs because it would be impractical for most international businesses to manufacture to different UK standards. But whereas we had/currently have outsized influence on setting those rules, going forward we won't.

wotsupcas wrote:

Ah yes financial services. 52% of our exports to the EU are financial /business services. No tariffs on them, look it up. Interestingly we run a £29billion surplus on those but a £93 billion deficit on trade in goods.

I wish there was a head in hands smiley. "No tariffs on them, look it up" is such a fundamentally wrong understanding of such a key part of why Brexit is an absolute disaster for the key economic driver of our economy I don't know where to start, but if that misunderstanding in any way led you to think voting leave was a good idea I recommend you do some better research.

Re: Brexit Anyone? (part 4) : Fri Aug 09, 2019 7:11 am  

wotsupcas wrote:

To coin a phrase "here we go again"
Of course I'm questioning his judgement in certain cases. It's not like he hasn't made mistakes in the past. Just who views him as a safe pair of hands? It was May who asked him to stay on. Are you saying you agree with her judgement ? If so I bet its the only thing, conveniently, on which you do.
You say economic shock, I say short term downturn. Which phrase you agree with depends on which side of the Brexit fence you're on.
Yes we can make our own laws and just as importantly hold our representatives to account for the laws they make. Instead of them throwing their collective hands in the air and proclaiming "it wasn't me guv" and blaming the EU for the country's ills.
Of course we will have to comply with EU regulations to export to them. Just as we do with every other country we trade with and just like they will have to comply with ours. Its nothing new.
Ah yes financial services. 52% of our exports to the EU are financial /business services. No tariffs on them, look it up. Interestingly we run a £29billion surplus on those but a £93 billion deficit on trade in goods.
Finally the oil tanker episode. Yes we did ask the EU for help as we are still funding them. Did we get it?

Oh dear, I just dont know where to start.

However, tariff's aren't the issue which will affect some of our grip on financial services to the EU.
Fundamentally, why would you want to rely on a 3rd party country, outside of your trading block, to service all of your finances ?

The reality is that, other EU nations have been desperate to take over some of this business for many years, however, have not done so due to the UK being in the same "club" and it would have been politically wrong for the EU to allow any fundamental change. However, as an outsider, there will be zero protection. More importantly, why would they want to "trust" a sovereign nation with an unstable leader, when this work can be done "in house".
Although we dont always get our own way, we do currently have a seat at the "top table" in the EU, which Boris & Co are desperate to relinquish.
So keen is he and his ilk to be the big fish in a small pond, that he is willing to jeopardise all of our futures for his 15 minutes of fame, similar to Nick Clegg power sharing with the Tories a few years ago.
Fortunately, the Libdems have been able to make a comeback of sorts, but, such was Clegg's quest for his 15 minutes of fame, that he almost wiped his party off the political map.
The UK is doing exactly the same.

Re: Brexit Anyone? (part 4) : Fri Aug 09, 2019 10:37 am  

So, the U.K. economy shrinks for the first time since 2012 & the pound in now down to £1.08 against the Euro.

The slow motion car crash is starting to accelerate, but no fear, everything will be fine, in the future when all's well.

Re: Brexit Anyone? (part 4) : Fri Aug 09, 2019 11:02 am  

I should think there will be some very shrewd speculators poised to make millions out of these protracted "negotiations". The people in the know will soon be doing very nicely.