There will always be someone not happy with a democratic vote, me included, that’s just the way the cookie crumbles.
12 year downturn for what alternative. You’re assuming all will be rosey in the EU. What makes you think you would be insulated from any downturn by being part of the EU.
Ah OK. Thanks for clearing that up. I wonder with all these predicted downturns over the last 20 months, whether so many downturns will make an upturn? I can't wait to find out.
Not really Hexie. The oracle has spoken and we have a downturn coming. It's going to be worth f**k all, come 2019.
It's funny, almost all the extreme remainers when coming out with figures have 2 things in common with them The first, every "leaked" document has had on it, might be, could be, maybe, suggested, possibly. The other thing that shows it's the same group, is that almost all of these "reports" aim at the year 2030. I'm not sure what the fascination is with 2030 but never the less, they all seem to use 2030 as their year figure. Yesterday, a "leaked report" probably by a remain mandarin in the civil service leaked the report in 2018 of what may happen within 12 years time. Hmmm 2018 plus 12? I wonder? It is interesting however that at a time this "leaked report" says the world is going to end, the Bank of England yesterday announced that interest rates are being monitored with a view to a slight rise . The reason we are at this stage is actually due to good news not bad. The Bank pointed out in the comments accompanying the rates decision, the global economy is growing at its fastest pace since 2010. UK trade levels are benefiting from 'robust global demand and the past depreciation of sterling' while 'high rates of profitability, the low cost of capital and limited spare capacity' is supporting British business investment, the Bank said. Or in other words, even now when claiming for the world is going to end at 2030 by the remainers continues, real world events show us to be in a good place and moving forward at a time some implied we would be a third world country if we voted to leave.
Any interest rate rises will be pointed out as proof that Brexit was a vote for doom and the chickens are coming home to roost. They will ignore all global factors relating to the decision and the benefits of a slight rise. The BBC will point out how much more a mortgage will cost poor nurses and teachers, maybe driving them to food banks. I can hear it all now. What's the betting the Dukey is 1st on the bandwagon?
The interest rate increase, it will probably be a quarter of a percent, is being considered because the economy is doing better than expected so the rate rise is to control the pace, but yeah, duke will attempt to promote it as a fail Not a bad reflection on europeans and brexit https://www.spectator.co.uk/2018/01/europes-biggest-brexit-fear-that-well-flourish-outside-the-eu/
Well said. I would like to know what these opportunities are exactly. The commonwealth is often mentioned. Since we are trying to be a high GDP economy what goods and services do we expect to be selling to the people of Africa? Jaguars and Range Rovers? Life insurance? Car insurance for their new jaguar. Countries like Canada, New Zealand have very small populations and are pitiful in comparison to the size of the EU. It’s laughable. Leavers, by all means rejoice in your victory but don’t pretend it does not come at a heavy economic price which we will all pay.
The commonwealth is more than just a few of the countries in Africa http://thecommonwealth.org/member-countries Just two of the countries, India and Bangladesh come to 1.5 billion people with the commonwealth itself reaching 2.4 billion people that is more than 3 times the population of the eu. All of these the eu said we, as Head of the commonwealth, could not do deals with as the eu had to do the deals. The idea all they want is luxury cars shows a lack of recognition what this country of ours has to offer, we are world leaders in technology, medical, heavy plant, construction, architectural design, defence, oil & chemicals, mining, diversified metals, aviation, finance to name a few If we were to restrict ourselves to just the commonwealth countries, that market would be 3 times the size of the eu. This does not even include the rest of the world once the shackles are off. There is also the eu themselves, they need us more than we need them but both need each other to prosper more. We are always going to have a deal with the eu one way is wto and the other is by a mutual agreement Not because of inflation then? possibly but, anything you can get you want to grab and throw it on the "it's brexit's fault" when most so far has shown to be not the case. It also ignores the fact that we have had inflation whilst being in the eu too
How many jaguars and range rovers will we be selling to India How many life insurance policies? How many mortgages? Being wholly autonomous is great. It has plus points. It will cost us dearly though.
How so? Most brexiteers agreed once the deal was done one way or another, it would be 2-3 years of finding our feet again but in the long term we would benefit more because as the world changes, we as the U.K. can react far quickly than the oil tanker that is 27 countries and the eu comissioners. If we had a deal with Canada which is on the cards, the U.K. will not take 7 years to do it as the eu had.We have always punched above our weight not because we say we do, History has shown we always have. The eu is largely like the double glazing windows market, almost everyone has them so the market is weak, stagnating and predicted to be less of our income. The rest of the world and emerging markets still need double glazing (as a metaphor) and we have the ability to be quick, react and despite the self loathing of this country by some remainers, we are held quite highly by many other countries.
Cannot even be surprised by the Leave campain total denial of the reality...nothing new under the sky. if the government study is more and less right- we lost the game if the goverment haven't got a clue on impact and been bribed by Soros to come up with this report - We lost the game How could one even imagine that leaving a club does gives the same benefits as being a member is beyond me.... anyway let's just build a bridge over the Channel this will keep the Leave genius happy BJ.
The same people doing the study were also responsible for the project fear figures that were pounded out day after day, still hardly any have had an impact. They haven't had a good track record so far. Tell me alexko, when you get your mobile contract or internet contract, do you stay with the same company till you die or do you accept the markets change and often so you seek new opportunities and better financial options? I joined spearmint rhino once, it didn't turn out to be what it claimed, should I have stayed? God no bridge.I tell you now without any fear, if France or Germany lived on an island so they could control immigration and deal with the world independently, I'm pretty sure they would.
Its all willy waving until the deed is done. Infaltion blah blah blah, meaningless at the moment. The deal we get though will be VERY important make no mistake. Some thoughts and a shameless copy and paste; “If there is no profitability of continuing operations in the UK - not Japanese only - then no private company can continue operations,” Koji Tsuruoka told reporters on Downing Street when asked how real the threat was to Japanese companies of Britain not securing frictionless EU trade. “So it is as simple as that,” he said. “This is all high stakes that all of us, I think, need to keep in mind.'' Hard Brexit without a deal and Japanese car manufacturing, just as an example in the UK, will take a huge hit. I am inclined to believe this viewpoint and forecast some king of watered down half in, half out conclusion to proceedings. Maybe the best (or worst???) of both worlds. Not wanting to dampen hopes of Brexiteers but your not being entirely realistic in thinking all is roses in the garden. In truth just how can a full on hard Brexit work anyway? Looking at the Irish border just as a starting point, then at being able to instantly turn on the taps for imagined export deals with rest of world. hmmmm. The EU has issues for sure, but we already had in some ways a good deal. Access to single market a big one. Stability in Europe, not to be sniffed at. In the EU but out of the Euro zone, fantastic tbh, if it implodes we walk away. All things I am sure previous 'thinking' politicians such as Thatcher thought about. Freedom of movement, well lets just see who will suffer for lack of. I wonder how many of you think nothing of a Euro trip on the bike, happily crossing many now invisible borders...Germany in to Switzerland, in to italy etc. You might be throwing all of that away. Lets look at ex pats in Spain, France, Italy..all with access to healthcare, hospitals etc. Then look at their age. Now compare that to the number of Polish (for example, btw many Polish pilots in the RAF during ww2..) and others working here. Thats right working and contributing. Apart from the spend on cheap booze and food locally, our ex pats will be a drain on resources. So, trade deals with India, China, South Korea..you dont think that there wont be some kind of movement of people between these nations to make the deals work, or that their ability to produce at a fraction of the cost of UK manufacturing will not mean the UK market being flooded with cheap tat? Here is hoping all of the above is just negative thinking, but seriously it looks at the moment like a car crash.
