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denphone 29-11-2018 11:41

Re: Brexit
 
Quote:

Originally Posted by papa smurf (Post 35972847)
Brexit: 'No deal' planning is well under way, says minister

Contingency plans in case the UK has to leave the EU with no deal in place are "well under way", a minister has said.

Dominic Raab said while the UK had to "strive for the very best outcome" from Brexit negotiations, it had to "prepare for all eventualities".

The Sunday Telegraph claimed there were plans to "unlock" billions of pounds in the new year to prepare for a "no deal" Brexit, if talks make no progress.

Six months of Brexit negotiations have not led to a significant breakthrough.

This is from oct 2017

https://www.bbc.co.uk/news/uk-politics-41544588

Still nothing more then a politicians words and of course he is not in a government job now is he..

heero_yuy 29-11-2018 12:00

Re: Brexit
 
Quote:

Quote from The Sun:


Theresa May has killed off hopes of a second referendum today by saying there's no way we can stay inside the bloc.

In a Commons grilling by MPs this morning, she insisted that "being inside the EU is not an option" and she would only consider how to move forward in a way that respects the result of our historic 2016 vote.

She told MPs on the Liason Committee that Britain would NOT become poorer after we leave - but couldn't say that growth won't be as much as it would be inside the bloc.

Mrs May vowed: "The point is being inside the EU is not an option, we have to look at what is the best option outside the EU.

papa smurf 29-11-2018 12:21

Re: Brexit
 
Quote:

Originally Posted by denphone (Post 35972849)
Still nothing more then a politicians words and of course he is not in a government job now is he..

He resigned from the position a couple of weeks ago ,so no deal preparation will still be current and viable.

OLD BOY 29-11-2018 12:33

Re: Brexit
 
So what should Theresa do now?

Clearly, she is intent on getting us out of Europe, but she needs to think about what she needs to do next to regain her credibility on this subject.

She needs to prepare for her Withdrawal Agreement to be rejected by the House of Commons, so she needs to name the three options there are left and explain how they will be voted on.

Perhaps the best way is for the first vote to be on the Withdrawal Agreement. If that is voted down, which seems likely, the next vote should be on a temporary EFTA/EEA membership to apply during the implementation period. If that is voted down, as also seems likely, there would be no further votes and preparations would be made for a 'clean' Brexit.

At least, that process will concentrate minds on the means of delivering Brexit. I really cannot think of a different approach that will show the people of this country that she was the only one actually able to get on with this. Talk about keeping her head when everyone else has been losing theirs!

---------- Post added at 11:33 ---------- Previous post was at 11:31 ----------

Quote:

Originally Posted by papa smurf (Post 35972854)
He resigned from the position a couple of weeks ago ,so no deal preparation will still be current and viable.

When you take over a new job, you don't necessarily ditch all the work of your predecessor. You take on board what you consider to be relevant and either change or ditch the rest.

Best not to jump to conclusions.

denphone 29-11-2018 12:38

Re: Brexit
 
Quote:

Originally Posted by papa smurf (Post 35972854)
He resigned from the position a couple of weeks ago ,so no deal preparation will still be current and viable.

More like a shambles one would imagine would be their no deal preparation as befits the last two years.

Mr K 29-11-2018 12:50

Re: Brexit
 
Quote:

Originally Posted by OLD BOY (Post 35972855)
So what should Theresa do now?

Clearly, she is intent on getting us out of Europe, but she needs to think about what she needs to do next to regain her credibility on this subject.

She needs to prepare for her Withdrawal Agreement to be rejected by the House of Commons, so she needs to name the three options there are left and explain how they will be voted on.

Perhaps the best way is for the first vote to be on the Withdrawal Agreement. If that is voted down, which seems likely, the next vote should be on a temporary EFTA/EEA membership to apply during the implementation period. If that is voted down, as also seems likely, there would be no further votes and preparations would be made for a 'clean' Brexit.

At least, that process will concentrate minds on the means of delivering Brexit. I really cannot think of a different approach that will show the people of this country that she was the only one actually able to get on with this. Talk about keeping her head when everyone else has been losing theirs!

I'm sure TM is grateful for your advice as she's an avid reader of Cable Forum ;)

Of course even if we do choose a different path we'd still have to get the EU to agree, which people seem to be forgetting. Still that's usually easy .....

OLD BOY 29-11-2018 12:56

Re: Brexit
 
Quote:

Originally Posted by Mr K (Post 35972859)
I'm sure TM is grateful for your advice as she's an avid reader of Cable Forum ;)

Of course even if we do choose a different path we'd still have to get the EU to agree, which people seem to be forgetting. Still that's usually easy .....

The only thing we would need the EU to agree if we rejected the Withdrawal Agreement would be a trade deal. The EU have made very clear that they want a tariff free trade deal with the UK.

---------- Post added at 11:56 ---------- Previous post was at 11:52 ----------

Quote:

Originally Posted by denphone (Post 35972858)
More like a shambles one would imagine would be their no deal preparation as befits the last two years.

Well the 'shambles' was caused by the lack of a Conservative majority and the desire from within the party to make a bold move forward that they believe would be more beneficial to the country.

On a matter of such importance to the country, it is not surprising that passions have been high. There is a lot at stake.

Things should settle once a decision is made on the way forward. Hopefully we will know by Christmas, and we can just get on with it.

Damien 29-11-2018 13:06

Re: Brexit
 
Quote:

Originally Posted by OLD BOY (Post 35972855)
So what should Theresa do now?

Clearly, she is intent on getting us out of Europe, but she needs to think about what she needs to do next to regain her credibility on this subject.

She needs to prepare for her Withdrawal Agreement to be rejected by the House of Commons, so she needs to name the three options there are left and explain how they will be voted on.

Perhaps the best way is for the first vote to be on the Withdrawal Agreement. If that is voted down, which seems likely, the next vote should be on a temporary EFTA/EEA membership to apply during the implementation period. If that is voted down, as also seems likely, there would be no further votes and preparations would be made for a 'clean' Brexit.
.

I think some will push for 'Norway for now' if the bill is voted down. After that who knows? I think they might struggle to get a majority for anything leaving us coming back to 'the deal'.

jfman 29-11-2018 13:24

Re: Brexit
 
Quote:

Originally Posted by Gavin78 (Post 35972848)
Looking at the comments you've been making since joining this thread I've found them really condescending some kind of one-upmanship aimed towards those that wanted to vote out.

We have spain, macron , italy and the EU council themselves to name a few.

We talk about having our cake and eating it, well why not the EU are doing the exact same. It's not even about trade it's about the divorce it's what the EU want from the UK in order to leave. They are happy to take but return nothing in favour, Divorce doesn't work like that.

I certainly don’t intend to be condescending, however I struggle to understand he emotive terminology that is persistently being used as if other countries are making some kind of personal slur in negotiations when in practice they are quite reasonable concessions to bring to negotiations.

1andrew1 29-11-2018 13:25

Re: Brexit
 
Quote:

Originally Posted by OLD BOY (Post 35972861)
Well the 'shambles' was caused by the lack of a Conservative majority and the desire from within the party to make a bold move forward that they believe would be more beneficial to the country.
On a matter of such importance to the country, it is not surprising that passions have been high. There is a lot at stake.

I think if you replace the word "country" with "Conservative Party" you get a more accurate description of events. ;)

OLD BOY 29-11-2018 13:53

Re: Brexit
 
Quote:

Originally Posted by Damien (Post 35972865)
I think some will push for 'Norway for now' if the bill is voted down. After that who knows? I think they might struggle to get a majority for anything leaving us coming back to 'the deal'.

I think there is even less support for the Norway EEA/Efta than for the withdrawal agreement, but who knows? Things could change radically when the choice is put before the House. I think we will end up crashing out, actually. Not a bad thing in many ways, except for the initial disruption to frictionless trade.

Don't believe those forecasts for the economy, by the way. Jacob Rees Mogg gave a succinct explanation of why these forecasts would be proved wrong yesterday.

---------- Post added at 12:53 ---------- Previous post was at 12:48 ----------

Quote:

Originally Posted by 1andrew1 (Post 35972867)
I think if you replace the word "country" with "Conservative Party" you get a more accurate description of events. ;)

Well you might say that, but my impression is that most people just want to get on with Brexit. When we voted, we simply voted to leave, and the leavers on the whole were pretty clear what that meant. It is the 'remoaners' who have been trying to muddy the waters and we should not be having any more truck with them. They have been trying very hard to make a mess of this and it is them we should also blame for the 'shambles' that some keep referring to on here.

heero_yuy 29-11-2018 14:50

Re: Brexit
 
Quote:

Quote from OLD BOY:


I think we will end up crashing out, actually. Not a bad thing in many ways, except for the initial disruption to frictionless trade.

It would stop the uncertainty. Businesses would know that EU trade after next March would be like trading with the rest of the world.

May's hokey cokey plan would just extend the uncertainty for another two years and then what? More cries of "cliff edges" More delay and confusion. More kicking the can down the road.

Hugh 29-11-2018 16:15

Re: Brexit
 
Quote:

Originally Posted by OLD BOY (Post 35972868)
I think there is even less support for the Norway EEA/Efta than for the withdrawal agreement, but who knows? Things could change radically when the choice is put before the House. I think we will end up crashing out, actually. Not a bad thing in many ways, except for the initial disruption to frictionless trade.

Don't believe those forecasts for the economy, by the way. Jacob Rees Mogg gave a succinct explanation of why these forecasts would be proved wrong yesterday.

---------- Post added at 12:53 ---------- Previous post was at 12:48 ----------



Well you might say that, but my impression is that most people just want to get on with Brexit. When we voted, we simply voted to leave, and the leavers on the whole were pretty clear what that meant. It is the 'remoaners' who have been trying to muddy the waters and we should not be having any more truck with them. They have been trying very hard to make a mess of this and it is them we should also blame for the 'shambles' that some keep referring to on here.

Yes, we should always listen to a back-bencher who has never held any committee or cabinet position - he will be have all the facts to hand, and not have any bias in any way...

His grasp of numbers isn't very strong - he couldn't add up to 48, could he? (he said he had the number of letters to the 1922 Committee, which turned out to be not congruent with reality).

He said that "The overwhelming majority - 87% - of British companies do not trade with the European Union" - true, but 60% of British companies are not registered for VAT or PAYE, so they probably don't export to anywhere, and the 13% of companies that do export to the EU export 247 billion worth of good and services. I would believe his figures more if he filled in gaps, showing how much the 87% exported, and to where.

This is a man who took his nanny canvassing with him when he was 27, fgs - I wouldn't trust him with my beer money, never mind the economy.

papa smurf 29-11-2018 16:26

Re: Brexit
 
Quote:

Originally Posted by Hugh (Post 35972880)
Yes, we should always listen to a back-bencher who has never held any committee or cabinet position - he will be have all the facts to hand, and not have any bias in any way...

His grasp of numbers isn't very strong - he couldn't add up to 48, could he? (he said he had the number of letters to the 1922 Committee, which turned out to be not congruent with reality).

He said that "The overwhelming majority - 87% - of British companies do not trade with the European Union" - true, but 60% of British companies are not registered for VAT or PAYE, so they probably don't export to anywhere, and the 13% of companies that do export to the EU export 247 billion worth of good and services. I would believe his figures more if he filled in gaps, showing how much the 87% exported, and to where.

This is a man who took his nanny canvassing with him when he was 27, fgs - I wouldn't trust him with my beer money, never mind the economy.

Have you been spending it today?

Hugh 29-11-2018 16:27

Re: Brexit
 
Quote:

Originally Posted by papa smurf (Post 35972883)
Have you been spending it today?

One should never judge others by one's own predilections - it's called transference... ;)

papa smurf 29-11-2018 16:53

Re: Brexit
 
Jacob Rees-Mogg calls Mark Carney a 'failed-second tier politician'


Jacob Rees-Mogg has launched a personal attack on the Bank of England Governor Mark Carney, saying he should not have been in the post for some time.


https://www.bbc.co.uk/news/av/uk-pol...ier-politician

denphone 29-11-2018 16:56

Re: Brexit
 
Name calling and personal insults is what one would expect from Jacob Rees-Mogg..

jonbxx 29-11-2018 17:15

Re: Brexit
 
Yeah, I think I will take the opinions of someone who was;
  • Ex-Managing Director of investment banking for Goldman Sachs
  • Former Governor of the Bank of Canada whose actions were credited with the stability of Canadas economy during the 2008 financial crisis
  • Headhunted for the Bank of England role

over someone whose responsibility ends at sniping from the back benches

Mark Carney is a real technocrat but his actions to date show he's effective in his roles at the Bank of Canada and Bank of England

Damien 29-11-2018 17:16

Re: Brexit
 
He probably thinks Canada is still a British colony.

Also when Brexit happened the Bank of England seemed to be the only ones with a plan. Cameron resigned, Vote Leave members were stabbing each other in the back to become PM. The BoE stabilised the markets and were in control.

Mick 29-11-2018 17:45

Re: Brexit
 
Quote:

Originally Posted by jonbxx (Post 35972891)
Yeah, I think I will take the opinions of someone who was;
  • Ex-Managing Director of investment banking for Goldman Sachs
  • Former Governor of the Bank of Canada whose actions were credited with the stability of Canadas economy during the 2008 financial crisis
  • Headhunted for the Bank of England role

over someone whose responsibility ends at sniping from the back benches

Mark Carney is a real technocrat but his actions to date show he's effective in his roles at the Bank of Canada and Bank of England

Absolute claptrap. He is a fecking embarrassment to BoE. Mervyn King was a much better Governor and he believes in Brexit.

jonbxx 29-11-2018 17:54

Re: Brexit
 
Quote:

Originally Posted by Mick (Post 35972895)
Absolute claptrap. He is a fecking embarrassment to BoE. Mervyn King was a much better Governor and he believes in Brexit.

How is he an embarrassment? He seems to be much more concentrated on monetary policy unlike Mervyn King who wandered in to fiscal matters outside his remit.

Mick 29-11-2018 17:58

Re: Brexit
 
He is no such thing. More a Political intervention expert.

jfman 29-11-2018 18:01

Re: Brexit
 
He’s only embarrassing because his predictions, and his prominence, is inconvenient for those in favour of Brexit.

The real problem is none of them can prove wrong and of his predictions with any kind of credibility at all, whereas he speaks with the credibility of his office and institution.

Mick 29-11-2018 18:13

Re: Brexit
 
Quote:

Originally Posted by jfman (Post 35972898)
He’s only embarrassing because his predictions, and his prominence, is inconvenient for those in favour of Brexit.

The real problem is none of them can prove wrong and of his predictions with any kind of credibility at all, whereas he speaks with the credibility of his office and institution.

Complete bollocks. Nothing you Remainers says holds any credibility, just bizarre love for a corrupted union. All project fear predictions that have been weighed in by you lot have turned out to be pure fiction.

Damien 29-11-2018 18:17

Re: Brexit
 
They're not 'his' predictions, the BoE has a staff.....

denphone 29-11-2018 18:20

Re: Brexit
 
Quote:

Originally Posted by Damien (Post 35972901)
They're not 'his' predictions, the BoE has a staff.....

As the government have a chancellor who is basically agrees with everything the BoE says.

Mick 29-11-2018 18:22

Re: Brexit
 
Quote:

Originally Posted by denphone (Post 35972902)
As the government have a chancellor who is basically agrees with everything the BoE says.

That clown would. Doesn’t make him right. :rolleyes:

jfman 29-11-2018 18:27

Re: Brexit
 
Quote:

Originally Posted by Mick (Post 35972900)
Complete bollocks. Nothing you Remainers says holds any credibility, just bizarre love for a corrupted union. All project fear predictions that have been weighed in by you lot have turned out to be pure fiction.

Yet nobody can make a compelling argument against him, Hammond or anyone else offering economic analysis of the situation. No fact based rebuttals, just emotion driven lines about sovereignty.

If Brexit happens (which I doubt) and it works it’ll be by pure chance. Not because of the efforts of anyone in the Leave campaign, anyone in the negotiations or anyone in government making preparations.

I have no love for the European Union, again attributing irrational emotions to a situation that doesn’t require it.

Damien 29-11-2018 18:28

Re: Brexit
 
Quote:

Originally Posted by Mick (Post 35972903)
That clown would. Doesn’t make him right. :rolleyes:

Well he also listens to the Treasury. It would be a weird chancellor who'll dismiss the advise of both of his own department and of the BoE.

Mick 29-11-2018 18:50

Re: Brexit
 
And as I said in a previous post, the treasury often gets its forcasts very wrong.

---------- Post added at 17:50 ---------- Previous post was at 17:45 ----------

Quote:

Originally Posted by jfman (Post 35972905)

I have no love for the European Union, again attributing irrational emotions to a situation that doesn’t require it.

Enough of the irrational talk BS, you ain’t fooling me, I was not born yesterday.

jfman 29-11-2018 19:12

Re: Brexit
 
Describing emotion driven nationalist politics is irrational compared to say, economics, is an entirely appropriate in these circumstances.

If the glorious future was all sugar and candy surely the Government and Bank of England would be first to crow about it?

OLD BOY 29-11-2018 19:24

Re: Brexit
 
[Deleted post]

Sephiroth 29-11-2018 19:30

Re: Brexit
 
Quote:

Originally Posted by jfman (Post 35972911)
Describing emotion driven nationalist politics is irrational compared to say, economics, is an entirely appropriate in these circumstances.

If the glorious future was all sugar and candy surely the Government and Bank of England would be first to crow about it?

What's that got to do with anything.

Carney got it wrong when he joined Project Fear in 2016. So it is right to be suspicious of his utterances now as to what will happen over the coming years. Too many variables and it doesn't take into account what our business enterprises will achieve. The guvmin stats assume 100% reduction in immigration!

Furthermore, when the stupid guvmin is spinning the "worse off" argument in a skewed way.

https://www.bbc.co.uk/news/uk-politics-46366162

The guvmin admits that the UK economy will grow under all scenarios, but in a no deal scenario, it will grow 9.3% less than it would have done had we remained. In other words, the price of no deal would be that by 2030 the economy will have grown by 90.7% of what it would have if the predictions were correct. I'll buy that.




OLD BOY 29-11-2018 19:33

Re: Brexit
 
Quote:

Originally Posted by jfman (Post 35972911)
Describing emotion driven nationalist politics is irrational compared to say, economics, is an entirely appropriate in these circumstances.

If the glorious future was all sugar and candy surely the Government and Bank of England would be first to crow about it?

So I take it that you think Brexiters are 'emotion driven' and 'irrational'? How condescending!

jfman 29-11-2018 19:39

Re: Brexit
 
At a cost of £150bn?

You may be fine but for many of our poorest communities paying that for a racially pure England isn’t going to cut it.

Your calculation of 90.7% is flawed. Economic growth forecasts use the current value of 100% as a baseline. So you’d be claiming that it’d be 9% growth vs 10% growth, which isn’t the reality.

Politics is why a Conservative Party who delivered a referendum, effectively delivered Brexit, would grow about a glorious future. The good reason they don’t is that there isn’t one.

---------- Post added at 18:39 ---------- Previous post was at 18:38 ----------

Quote:

Originally Posted by OLD BOY (Post 35972916)
So I take it that you think Brexiters are 'emotion driven' and 'irrational'? How condescending!

No, that’s not what I said. I’d be happy to hear economic arguments in favour of Brexit, indeed I’m sure there must be one out there? Sadly it’s drowned out by nationalism and xenophobia.

Damien 29-11-2018 19:44

Re: Brexit
 
Quote:

Originally Posted by Sephiroth (Post 35972915)
[COLOR="Blue"]What's that got to do with anything.

Carney got it wrong when he joined Project Fear in 2016. So it is right to be suspicious of his utterances now as to what will happen over the coming years. Too many variables and it doesn't take into account what our business enterprises will achieve. The guvmin stats assume 100% reduction in immigration!

I don't think they assumed a 100% reduction in immigration but that emigration would exceed immigration. This would cause a '100%' reduction in net migration but not a 100% reduction in immigration.

OLD BOY 29-11-2018 19:46

Re: Brexit
 
Quote:

Originally Posted by jfman (Post 35972919)
At a cost of £150bn?

You may be fine but for many of our poorest communities paying that for a racially pure England isn’t going to cut it.

Your calculation of 90.7% is flawed. Economic growth forecasts use the current value of 100% as a baseline. So you’d be claiming that it’d be 9% growth vs 10% growth, which isn’t the reality.

Politics is why a Conservative Party who delivered a referendum, effectively delivered Brexit, would grow about a glorious future. The good reason they don’t is that there isn’t one.

---------- Post added at 18:39 ---------- Previous post was at 18:38 ----------



No, that’s not what I said. I’d be happy to hear economic arguments in favour of Brexit, indeed I’m sure there must be one out there? Sadly it’s drowned out by nationalism and xenophobia.

Well, quite apart from increased trade with the rest of the world, we will be free to bring in cheaper goods that haven't been the subject of EU tariffs designed to protect their own markets. That will also help the less well off in society. I bet that wasn't included in any economic forecasts!

Mick 29-11-2018 19:49

Re: Brexit
 
Quote:

Originally Posted by jfman (Post 35972911)

If the glorious future was all sugar and candy surely the Government and Bank of England would be first to crow about it?

What part of they are Remain biased and driven do you not get?

Sephiroth 29-11-2018 19:59

Re: Brexit
 
Quote:

Originally Posted by Damien (Post 35972922)
I don't think they assumed a 100% reduction in immigration but that emigration would exceed immigration. This would cause a '100%' reduction in net migration but not a 100% reduction in immigration.

Please read the BBC article I linked. At the bottom of the graph, the assumption is stated.

Damien 29-11-2018 20:05

Re: Brexit
 
Quote:

Originally Posted by Sephiroth (Post 35972926)
Please read the BBC article I linked. At the bottom of the graph, the assumption is stated.

Yeah that backs up what I said. 100% reduction in migration not immigration

Sephiroth 29-11-2018 20:07

Re: Brexit
 
Quote:

Originally Posted by jfman (Post 35972919)
At a cost of £150bn?

You may be fine but for many of our poorest communities paying that for a racially pure England isn’t going to cut it.

Your calculation of 90.7% is flawed. Economic growth forecasts use the current value of 100% as a baseline. So you’d be claiming that it’d be 9% growth vs 10% growth, which isn’t the reality.

Politics is why a Conservative Party who delivered a referendum, effectively delivered Brexit, would grow about a glorious future. The good reason they don’t is that there isn’t one.

<SNIP>

It's not a big calculation. 100% - 9.3% is 90.7%.


---------- Post added at 19:07 ---------- Previous post was at 19:06 ----------

Quote:

Originally Posted by Damien (Post 35972927)
Yeah that backs up what I said. 100% reduction in migration not immigration

Maybe. Bad that it should be ambiguous, though.

pip08456 29-11-2018 20:11

Re: Brexit
 
Quote:

Originally Posted by jfman (Post 35972905)
Yet nobody can make a compelling argument against him, Hammond or anyone else offering economic analysis of the situation. No fact based rebuttals, just emotion driven lines about sovereignty.

If Brexit happens (which I doubt) and it works it’ll be by pure chance. Not because of the efforts of anyone in the Leave campaign, anyone in the negotiations or anyone in government making preparations.

I have no love for the European Union, again attributing irrational emotions to a situation that doesn’t require it.

The recently released scenarios from both the BoE and Treasury are both "worst case scenarios" and use the assumption the the UK get no FTA deal from anyone else in the world along with other "worst case" assumptions.

That is your fact based rebuttal and totally emotionless.

jfman 29-11-2018 20:15

Re: Brexit
 
Quote:

Originally Posted by OLD BOY (Post 35972923)
Well, quite apart from increased trade with the rest of the world, we will be free to bring in cheaper goods that haven't been the subject of EU tariffs designed to protect their own markets. That will also help the less well off in society. I bet that wasn't included in any economic forecasts!

Of which it’s all entirely speculative. We’ve no evidence that any of this will actually happen or we will be better off for it.

---------- Post added at 19:15 ---------- Previous post was at 19:13 ----------

Quote:

Originally Posted by pip08456 (Post 35972931)
The recently released scenarios from both the BoE and Treasury are both "worst case scenarios" and use the assumption the the UK get no FTA deal from anyone else in the world along with other "worst case" assumptions.

That is your fact based rebuttal and totally emotionless.

Indeed those are things the BoE publicise, it’s not a secret.

Nobody has alternative, positive forecasts though. Just the glorious unquantifiable future that led to Brexiteers resigning from cabinet, it was so good.

OLD BOY 29-11-2018 20:15

Re: Brexit
 
Quote:

Originally Posted by jfman (Post 35972932)
Of which it’s all entirely speculative. We’ve no evidence that any of this will actually happen or we will be better off for it.

No more speculative than those dodgy forecasts we keep hearing from EU lovers.

pip08456 29-11-2018 20:16

Re: Brexit
 
Quote:

Originally Posted by jfman (Post 35972932)
Of which it’s all entirely speculative. We’ve no evidence that any of this will actually happen or we will be better off for it.

---------- Post added at 19:15 ---------- Previous post was at 19:13 ----------



Indeed those are things the BoE publicise, it’s not a secret.

Nobody has alternative, positive forecasts though. Just the glorious unquantifiable future that led to Brexiteers resigning from cabinet, it was so good.

Just as the assumption it won't is entirely speculative and is not evidence based.

I'm sure if the BoE was asked to produce a "best case" scenario they could produce one.

jfman 29-11-2018 20:21

Re: Brexit
 
Well there’s plenty of evidence as published in economic forecasts from our Treasury and our Bank of England?

Are these institutions essentially committing sabotage on our economy? If so, for what purpose? To what end? Who benefits?

Do these individuals/institutions care enough to lie? Again, if they do, how do they gain from being fundamentally dishonest?

In practice they have no motive to lie.

jonbxx 29-11-2018 20:24

Re: Brexit
 
Interesting article on the resilience of the UK after the vote - https://www.ft.com/content/6aec5eb8-...b-6bb07f5c8e12 (you may need to Google ‘Six reasons for UK resilience since Brexit vote’ to get around any paywall issues)

It includes the BofE pumping £70bn in as quantitative easing and offering a £250bn balance fund to prevent runs on banks and the dropping of interest rates. A similar approach to what was used during the 2008 crisis in Canada by that ‘remoaner clown’ to great success.

richard s 29-11-2018 20:46

Re: Brexit
 
Talking about Mark Carney who has the final say to who gets to be put on the new polymer £50 note... It is supposed to be a scientist... Margret Thatcher has been one of the people proposed. Yikes!!!!

pip08456 29-11-2018 21:02

Re: Brexit
 
Quote:

Originally Posted by richard s (Post 35972947)
Talking about Mark Carney who has the final say to who gets to be put on the new polymer £50 note... It is supposed to be a scientist... Margret Thatcher has been one of the people proposed. Yikes!!!!

Are you suggesting Maggie wasn't a scientist?

denphone 29-11-2018 21:03

Re: Brexit
 
Quote:

Originally Posted by pip08456 (Post 35972950)
Are you suggesting Maggie wasn't a scientist?

She was a scientist in her early days.

pip08456 29-11-2018 21:03

Re: Brexit
 
Quote:

Originally Posted by jfman (Post 35972941)
Well there’s plenty of evidence as published in economic forecasts from our Treasury and our Bank of England?

Are these institutions essentially committing sabotage on our economy? If so, for what purpose? To what end? Who benefits?

Do these individuals/institutions care enough to lie? Again, if they do, how do they gain from being fundamentally dishonest?

In practice they have no motive to lie.

Who has accused them of lying or sabotaging our economy?

jfman 29-11-2018 21:12

Re: Brexit
 
Quote:

Originally Posted by pip08456 (Post 35972952)
Who has accused them of lying or sabotaging our economy?

If people are denying that these forecasts are reasonable, or accusing them of being biased, then that is essentially the an accusation that they are lies. As the words of the head of Central Banks, or Finance Ministers, can provoke market reaction then the accusation they would knowingly talk down the economy despite evidence otherwise is essentially sabotage.

Damien 29-11-2018 21:26

Re: Brexit
 
Quote:

Originally Posted by pip08456 (Post 35972950)
Are you suggesting Maggie wasn't a scientist?

This is a bit off topic but I think my problem with this is that if the point is to put a scientist on the note then it seems a bit of a loophole to put Thatcher on there since her significance is not for her scientific work, even if we do like soft serve ice cream.

pip08456 29-11-2018 21:50

Re: Brexit
 
Quote:

Originally Posted by Damien (Post 35972956)
This is a bit off topic but I think my problem with this is that if the point is to put a scientist on the note then it seems a bit of a loophole to put Thatcher on there since her significance is not for her scientific work, even if we do like soft serve ice cream.

I don't disagree, I was just replying to richard.

---------- Post added at 20:50 ---------- Previous post was at 20:48 ----------

Quote:

Originally Posted by jfman (Post 35972954)
If people are denying that these forecasts are reasonable, or accusing them of being biased, then that is essentially the an accusation that they are lies. As the words of the head of Central Banks, or Finance Ministers, can provoke market reaction then the accusation they would knowingly talk down the economy despite evidence otherwise is essentially sabotage.

I think it's essential you actually read the BoE report before commenting further.

You can find it here.

https://www.bankofengland.co.uk/-/me...9D94CAB8735DFB

jfman 29-11-2018 21:58

Re: Brexit
 
I think it’s essential you tell me your concerns before I engage in an exercise that is not likely to enlighten me further. Especially as you have no idea if I have read it already? Specific concerns please.

The BofE regularly conduct stress tests, what specifically is unreliable about these verus any other?

pip08456 29-11-2018 22:16

Re: Brexit
 
When have I said anything is unreliable?

All I have said is that it is a "worst case" scenario which the report freely and openly says it is.

I then said that if requested they could produce a "best case" scenario.

jfman 29-11-2018 22:18

Re: Brexit
 
So you specifically aren’t calling the tests unreliable? Which is it?

Gavin78 29-11-2018 22:50

Re: Brexit
 
Quote:

Originally Posted by jfman (Post 35972970)
So you specifically aren’t calling the tests unreliable? Which is it?

Well the forcasts are about as reliable as a weather reporter these are the same forcasts that rained down WW3 and a recession following a vote to leave in 2016 which BTW never happened.

What has the EU given in return for our divorce from them and investments over the years? nothing how many companies have vowed to stick by the UK many.

You need to stop reading the sunday sport and passing that information back on here.

You wont beat down those that want to leave on here so why even try?

jfman 29-11-2018 22:58

Re: Brexit
 
I’m not leaving the conversation because you ask. Brexit is collapsing and I literally cannot was wait to read all of the responses.

Pierre 29-11-2018 23:27

Re: Brexit
 
I think it’s all very intriguing.

The deal will be voted down, of that I am in no doubt.

We are leaving in March, that is enshrined in law, which was voted for by parliament in parliament.

But now everyone ( all politicians) are saying that parliament will not accept leaving with no deal.

So it's a great position our parliament ( and that’s everyone, not just the government) have got themselves into.

They were full of the “ we respect the result of the referendum “, “ we will implement the result” etc.

But now it seems no one is so sure,” we respect the result, to a point but now actually we can’t”

Damien 29-11-2018 23:32

Re: Brexit
 
Quote:

Originally Posted by Pierre (Post 35972985)
I think it’s all very intriguing.

The deal will be voted down, of that I am in no doubt.

We are leaving in March, that is enshrined in law, which was voted for by parliament in parliament.

But now everyone ( all politicians) are saying that parliament will not accept leaving with no deal.

So it's a great position our parliament ( and that’s everyone, not just the government) have got themselves into.

They were full of the “ we respect the result of the referendum “, “ we will implement the result” etc.

But now it seems no one is so sure,” we respect the result, to a point but now actually we can’t”

Well the specific version of the result that entails no deal. The alternatives will be this deal again (or a slight variation of it), EEA 'for now', a delay to Article 50. Outright cancelling the result will only be considered via another referendum.

jfman 29-11-2018 23:44

Re: Brexit
 
Pierre, I agree with this post you have made. It’s a genuinely intriguing situation.

I think how our Parliamentarians get out of it (or rather, if they don’t) is going to be a politically defining moment for a generation. Like the Miners strike crushed communities.

---------- Post added at 22:44 ---------- Previous post was at 22:33 ----------

Quote:

Originally Posted by Damien (Post 35972987)
Well the specific version of the result that entails no deal. The alternatives will be this deal again (or a slight variation of it), EEA 'for now', a delay to Article 50. Outright cancelling the result will only be considered via another referendum.

That and, if there’s Parliamentary will, the timescale to withdraw or amend the EU Withdrawal Act can be severely reduced. Common practice and procedures will be out the window.

1andrew1 29-11-2018 23:47

Re: Brexit
 
Will also be interesting to see the position that JC takes if he does participate in a debate with Theresa May.

Dave42 29-11-2018 23:49

Re: Brexit
 
Quote:

Originally Posted by 1andrew1 (Post 35972991)
Will also be interesting to see the position that JC takes if he does participate in a debate with Theresa May.

if they happen as TM wants bbc and JC wants itv and they totally pointless as only mps are voting on deal and it gonna get defeated

and one is a remainer pretending to be a leaver and other is a leaver pretending to be a remainer

1andrew1 30-11-2018 00:29

Re: Brexit
 
Quote:

Originally Posted by Dave42 (Post 35972992)
and one is a remainer pretending to be a leaver and other is a leaver pretending to be a remainer

That sums up the madness quite nicely! :D

Gavin78 30-11-2018 00:55

Re: Brexit
 
Quote:

Originally Posted by jfman (Post 35972976)
I’m not leaving the conversation because you ask. Brexit is collapsing and I literally cannot was wait to read all of the responses.


I never asked you to leave think you read my comments the wrong way

jfman 30-11-2018 01:15

Re: Brexit
 
Quote:

Originally Posted by 1andrew1 (Post 35972991)
Will also be interesting to see the position that JC takes if he does participate in a debate with Theresa May.

That’s easy.

Brexit is a shambles. A Conservative Party spat now playing out as perhaps the greatest division of the British public of our times.

The deal proposed by the Prime Minister satisfies no-one. Mr Corbyn will suggest the Government resign, and make way for negotiations led by the Labour Party. The Prime Minister will refuse. Mr Corbyn will point out she has no Parliamentary mandate for her deal. The Prime Minister will stand firm.

When the deal is voted down Mr Corbyn will stress that with no opportunity to force a general election, Article 50 must be extended, Britain did not vote for a disorderly exit from the European Union. The Prime Minister will reluctantly concede either a) People’s Vote or b) a general election.

Corbyn gets to say he would have respected the 2016 result except the preparations (or lack of) gave him no choice. Britain for the many, not the few, and he couldn’t accept no deal which made us poorer after years of austerity.

ianch99 30-11-2018 06:14

Re: Brexit
 
Quote:

Originally Posted by jfman (Post 35972997)
That’s easy.

Brexit is a shambles. A Conservative Party spat now playing out as perhaps the greatest division of the British public of our times.

The deal proposed by the Prime Minister satisfies no-one. Mr Corbyn will suggest the Government resign, and make way for negotiations led by the Labour Party. The Prime Minister will refuse. Mr Corbyn will point out she has no Parliamentary mandate for her deal. The Prime Minister will stand firm.

When the deal is voted down Mr Corbyn will stress that with no opportunity to force a general election, Article 50 must be extended, Britain did not vote for a disorderly exit from the European Union. The Prime Minister will reluctantly concede either a) People’s Vote or b) a general election.

Corbyn gets to say he would have respected the 2016 result except the preparations (or lack of) gave him no choice. Britain for the many, not the few, and he couldn’t accept no deal which made us poorer after years of austerity.

I like your posts. Refreshing on this forum ...

I have mentioned a few times that JC is an ardent Leaver who was seriously conflicted when asked to front the Remain campaign. I guess he thought he had played his cards just right when Leave crept over the line but he has a serious problem: his power base, who he claims to represent, are ardent Remainers.

As time has gone on, Labour are creeping to a People's Vote position and so JC is slowly being forced to confront his party's reality.

Corbyn faces clash with Labour members over second EU referendum

Quote:

As the party gathers in Liverpool, is Corbyn’s promise to empower members coming back to haunt him?
It may meet his personal "Road to Damascus" moment in time to save the day or he may, again, spin out his obfuscation to get over the time. Time will tell .

There are two things we can all agree on:

1. make it stop
2. stop telling everyone "I know what i voted for"

nomadking 30-11-2018 09:57

Re: Brexit
 
Quote:

Originally Posted by jfman (Post 35972954)
If people are denying that these forecasts are reasonable, or accusing them of being biased, then that is essentially the an accusation that they are lies. As the words of the head of Central Banks, or Finance Ministers, can provoke market reaction then the accusation they would knowingly talk down the economy despite evidence otherwise is essentially sabotage.

They are not forecasts of any sort. Nothing can really be forecast 15 years into the future. Even then the "forecasts" say "could", not "will".

OLD BOY 30-11-2018 12:01

Re: Brexit
 
Quote:

Originally Posted by jfman (Post 35972976)
I’m not leaving the conversation because you ask. Brexit is collapsing and I literally cannot was wait to read all of the responses.

It's certainly not Brexit that is collapsing - only the Withdrawal Agreement!

---------- Post added at 11:01 ---------- Previous post was at 10:37 ----------

Quote:

Originally Posted by nomadking (Post 35973010)
They are not forecasts of any sort. Nothing can really be forecast 15 years into the future. Even then the "forecasts" say "could", not "will".

I think some are seizing on these forecasts as being proof of their unshakable belief that Brexit will be a disaster. It won't be, of course, just as the world didn't come to an end immediately after the vote to leave was announced.

The remainers like to describe the whole process as a shambles, and don't they like to go on, and on, and on about this and their predicted implosion of the world as we know it?

Despite everything the 'remoaners' are saying, and I use that term to distinguish normal remainers from those who just won't accept the democratic result of the referendum, we now have the best withdrawal agreement that can be negotiated with the EU. Remoaners said we would end up paying the EU hundreds of billions of pounds to leave, we settled at £39bn. They said TM would never get to Phase Ii of the negotiating process. Then they said we would never get a deal. They have been wrong on all counts to date and yet they still, with gallons of false confidence, proclaim this as a disaster and the post Brexit world as a catastrophe for 'little' Britain. It's all tosh.

We are now at a situation where we have three pretty good choices. We accept the imperfect Withdrawal Agreement on the basis that this is the bridge we cross to get out of the EU, preserving frictionless trade with no tariffs in the meantime. Or we can take the Norway route as that bridge instead of the Withdrawal Agreement, but which would mean that free movement of people would have to continue during that period. Or we can just make a clean break and negotiate our trade deal when we are out.

All this emotion and nonsense about Brexit is just hot air. The economic forecasts are all based on the downsides, the worst case scenarios quoted out of context and practically no attention is being paid to the upsides of better deals and cheaper goods from the rest of the world.

Those watching all this in bewilderment should be reassured that we will get through this despite the prophets of doom, and if there is some disruption, it will be minor and short lived. A small price to pay to realise our dreams for a brighter future.

And just a final word to the remoaners. We are not 'little' Britain. We are Great Britain, and if you want proof, check your atlas.

jfman 30-11-2018 12:23

Re: Brexit
 
That had me cringing at the end there. Better deals and upsides are entirely speculative; indeed we were told the deal with the EU would be easy, they need us to buy German cars, etc.

Separately, and far more interestingly, are the proposed amendments to the vote on the deal. Clear efforts from Parliament to rule out “no deal” as an option going forward.

Carth 30-11-2018 12:26

Re: Brexit
 
well said OB

*stands up and applauds*

:clap: :clap: :clap: :clap:

OLD BOY 30-11-2018 12:27

Re: Brexit
 
Quote:

Originally Posted by jfman (Post 35973028)
That had me cringing at the end there. Better deals and upsides are entirely speculative; indeed we were told the deal with the EU would be easy, they need us to buy German cars, etc.

Separately, and far more interestingly, are the proposed amendments to the vote on the deal. Clear efforts from Parliament to rule out “no deal” as an option going forward.

Except, of course, that the EU will not accept any further amendment. Anyway, carry on wishing.

As far as speculation goes, I think the economic forecasts are pretty speculative in themselves! :p:

jfman 30-11-2018 12:36

Re: Brexit
 
Quote:

Originally Posted by OLD BOY (Post 35973030)
Except, of course, that the EU will not accept any further amendment. Anyway, carry on wishing.

As far as speculation goes, I think the economic forecasts are pretty speculative in themselves! :p:

The EU don’t have to accept further negotiations (of course, they could change their minds if there’s an extension, or a unilateral withdrawal of Article 50) to force a 2nd referendum on the basis of deal/remain.

We are heading for a constitutional crisis, ironically due to Parliamentary sovereignty.

This crisis is required to force the conditions to remain.

Mick 30-11-2018 12:54

Re: Brexit
 
Quote:

Originally Posted by jfman (Post 35973033)

This crisis is required to force the conditions to remain.

Nope - we leave on WTO terms.

Democracy must ALWAYS prevail - no stupid second referendums to over turn the first because YOU lost your preference!!!

---------- Post added at 11:54 ---------- Previous post was at 11:52 ----------

Quote:

Originally Posted by nomadking (Post 35973010)
They are not forecasts of any sort. Nothing can really be forecast 15 years into the future. Even then the "forecasts" say "could", not "will".

Exactly and as I have said for the 3rd time which jfman is being obtuse on, the treasury routinely gets it's annual forcasts wrong, so how the feck can they predict the next 15 years - it's just pure fiction by pathetic Remainers in government with a corrupted ambition to stay in the corrupted union!

jonbxx 30-11-2018 12:59

Re: Brexit
 
Quote:

Originally Posted by OLD BOY (Post 35973022)
It's certainly not Brexit that is collapsing - only the Withdrawal Agreement!

---------- Post added at 11:01 ---------- Previous post was at 10:37 ----------



I think some are seizing on these forecasts as being proof of their unshakable belief that Brexit will be a disaster. It won't be, of course, just as the world didn't come to an end immediately after the vote to leave was announced.

The remainers like to describe the whole process as a shambles, and don't they like to go on, and on, and on about this and their predicted implosion of the world as we know it?

Despite everything the 'remoaners' are saying, and I use that term to distinguish normal remainers from those who just won't accept the democratic result of the referendum, we now have the best withdrawal agreement that can be negotiated with the EU. Remoaners said we would end up paying the EU hundreds of billions of pounds to leave, we settled at £39bn. They said TM would never get to Phase Ii of the negotiating process. Then they said we would never get a deal. They have been wrong on all counts to date and yet they still, with gallons of false confidence, proclaim this as a disaster and the post Brexit world as a catastrophe for 'little' Britain. It's all tosh.

We are now at a situation where we have three pretty good choices. We accept the imperfect Withdrawal Agreement on the basis that this is the bridge we cross to get out of the EU, preserving frictionless trade with no tariffs in the meantime. Or we can take the Norway route as that bridge instead of the Withdrawal Agreement, but which would mean that free movement of people would have to continue during that period. Or we can just make a clean break and negotiate our trade deal when we are out.

All this emotion and nonsense about Brexit is just hot air. The economic forecasts are all based on the downsides, the worst case scenarios quoted out of context and practically no attention is being paid to the upsides of better deals and cheaper goods from the rest of the world.

Those watching all this in bewilderment should be reassured that we will get through this despite the prophets of doom, and if there is some disruption, it will be minor and short lived. A small price to pay to realise our dreams for a brighter future.

And just a final word to the remoaners. We are not 'little' Britain. We are Great Britain, and if you want proof, check your atlas.

So I guess you are happy with how the government has performed since 2016 in this respect?

When almost all of the forecasts indicate a downturn in performance of the UK economy even with trade deals. For example, the recent government study takes in to account that we will have comprehensive trade deals according to government policy with United States, Australia, New Zealand, Malaysia, Brunei, China, India, Mercosur (Brazil, Argentina, Paraguay and Uruguay) and the Gulf-Cooperation Council (UAE, Saudi Arabia, Oman, Qatar, Kuwait and Bahrain)

The question is, if almost all forecasts indicate a downturn in the economy then we need to talk about how much rather than whether it will happen. See climate change studies as a similar example.. If the methodology is flawed, then where are the 'correcting' studies by other groups or is the entire science of economics flawed?

I hope you are right and the negative impacts are low but we need to be ready in case this is not the case. Personally, in my situation, we can absorb a fair level of financial shock (Brexit proofing our mortgage with a really long term fixed rate for example) and most of my work comes from the EU rather than the UK. I am worried this will not be the case for everyone though.

jfman 30-11-2018 13:05

Re: Brexit
 
Quote:

Originally Posted by Mick (Post 35973037)
Nope - we leave on WTO terms.

Democracy must ALWAYS prevail - no stupid second referendums to over turn the first because YOU lost your preference!!!

Exactly and as I have said for the 3rd time which jfman is being obtuse on, the treasury routinely gets it's annual forcasts wrong, so how the feck can they predict the next 15 years - it's just pure fiction by pathetic Remainers in government with a corrupted ambition to stay in the corrupted union!

Democracy as enshrined in our constitution always prevails if the will of Parliament prevails.

Do you not think that the purpose of this amendment (and others) is to derail Brexit? The point in bringing forward the meaningful vote is to allow time to legislate for the amendment of the EU Withdrawal Act?

Without having an argument over leave/remain or the value of economic forecasts (again) does everyone in the thread agree with me that is what MPs are trying to do?

OLD BOY 30-11-2018 13:21

Re: Brexit
 
Quote:

Originally Posted by jfman (Post 35973033)
The EU don’t have to accept further negotiations (of course, they could change their minds if there’s an extension, or a unilateral withdrawal of Article 50) to force a 2nd referendum on the basis of deal/remain.

We are heading for a constitutional crisis, ironically due to Parliamentary sovereignty.

This crisis is required to force the conditions to remain.

In your head.

The EU will not change their minds. TM made that clear and so has the EU. This is a big decision, but it's not a constitutional crisis.

Incidentally, the choice is now clearly between the withdrawal agreement as it stands or no deal. TM has just ruled out the Norway option.

So it's a binary choice. That makes it a lot less complicated.

jfman 30-11-2018 13:23

Re: Brexit
 
Quote:

Originally Posted by OLD BOY (Post 35973044)
In your head.

The EU will not change their minds. TM made that clear and so has the EU. This is a big decision, but it's not a constitutional crisis.

Incidentally, the choice is now clearly between the withdrawal agreement as it stands or no deal. TM has just ruled out the Norway option.

So it's a binary choice. That makes it a lot less complicated.

The EU have no need to be involved if we remain (subject to the ECJ advice to the Court of Session). Brexit being framed as an inevitability ignores what Ministers have said, including the PM, about the possibility of no Brexit at all.

OLD BOY 30-11-2018 13:28

Re: Brexit
 
Quote:

Originally Posted by jonbxx (Post 35973040)
So I guess you are happy with how the government has performed since 2016 in this respect?

When almost all of the forecasts indicate a downturn in performance of the UK economy even with trade deals. For example, the recent government study takes in to account that we will have comprehensive trade deals according to government policy with United States, Australia, New Zealand, Malaysia, Brunei, China, India, Mercosur (Brazil, Argentina, Paraguay and Uruguay) and the Gulf-Cooperation Council (UAE, Saudi Arabia, Oman, Qatar, Kuwait and Bahrain)

The question is, if almost all forecasts indicate a downturn in the economy then we need to talk about how much rather than whether it will happen. See climate change studies as a similar example.. If the methodology is flawed, then where are the 'correcting' studies by other groups or is the entire science of economics flawed?

I hope you are right and the negative impacts are low but we need to be ready in case this is not the case. Personally, in my situation, we can absorb a fair level of financial shock (Brexit proofing our mortgage with a really long term fixed rate for example) and most of my work comes from the EU rather than the UK. I am worried this will not be the case for everyone though.

Well, given that TM has achieved a withdrawal agreement that none of our remainer friends ever thought possible, yes I am pleased with the government's performance on this issue.

It is now clear how far the EU is prepared to go in giving us a deal, and now we have to decide on whether to go with that or go without a deal, which I think is what most Brexiteers thought would be the choice all along.

We have said enough about those economic forecasts. Take them with a pinch of salt.

---------- Post added at 12:28 ---------- Previous post was at 12:27 ----------

Quote:

Originally Posted by jfman (Post 35973046)
The EU have no need to be involved if we remain (subject to the ECJ advice to the Court of Session). Brexit being framed as an inevitability ignores what Ministers have said, including the PM, about the possibility of no Brexit at all.

Except that we are not remaining.

jfman 30-11-2018 14:07

Re: Brexit
 
https://www.standard.co.uk/news/poli...-a4004961.html

Donald Tusk outlines three possible options.

Gavin78 30-11-2018 14:18

Re: Brexit
 
Well I want a no deal, plain and simple let the experts in thier fields deal with all the stuff that comes after it's well out of my expertise.

The only issue I have is that TM has her own agenda not the Publics agenda

Mr K 30-11-2018 14:30

Re: Brexit
 
Quote:

Originally Posted by Gavin78 (Post 35973056)
Well I want a no deal, plain and simple let the experts in thier fields deal with all the stuff that comes after it's well out of my expertise.

Why do you want no deal? It isn't plain and simple.

Hyperinflation, job losses, empty supermarket shelves, no health cover abroad. Either people genuinely don't realise or its a form of masochism.... The 'experts' can't do the impossible and make a crap situation good. Thankfully most MPs realise it, from all sides.

papa smurf 30-11-2018 14:34

Re: Brexit
 
Quote:

Originally Posted by Mr K (Post 35973058)
Why do you want no deal? It isn't plain and simple.

Hyperinflation, job losses, empty supermarket shelves, no health cover abroad. Either people genuinely don't realise or its a form of masochism.... The 'experts' can't do the impossible and make a crap situation good. Thankfully most MPs realise it, from all sides.

You just keep shoveling on the bull but it's not working.

denphone 30-11-2018 14:36

Re: Brexit
 
Quote:

Originally Posted by papa smurf (Post 35973059)
You just keep shoveling on the bull but it's not working.

Plenty of bull on both sides from where l am looking but alas we have had that for two years plus now so nothing changes...

jfman 30-11-2018 14:39

Re: Brexit
 
Nobody has been able to quantify any alternative future scenario. Jacob Rees-Mogg says it could be 50 years before we reap economic benefits.

Some 25 years after the technological singularity occurs apparently.

djfunkdup 30-11-2018 14:52

Re: Brexit
 
Quote:

Originally Posted by Mr K (Post 35973058)
Why do you want no deal? It isn't plain and simple.

Hyperinflation, job losses, empty supermarket shelves, no health cover abroad. Either people genuinely don't realise or its a form of masochism.... The 'experts' can't do the impossible and make a crap situation good. Thankfully most MPs realise it, from all sides.

Empty supermarket shelves ? :dunce: :D:D:D:D:D

OLD BOY 30-11-2018 14:59

Re: Brexit
 
Quote:

Originally Posted by Gavin78 (Post 35973056)
Well I want a no deal, plain and simple let the experts in thier fields deal with all the stuff that comes after it's well out of my expertise.

The only issue I have is that TM has her own agenda not the Publics agenda

I don't think that is fair, Gavin. When Theresa May looked at the way ahead, she knew that she would be the fall guy if Brexit was not a success. So she worked out a way to both protect business and take some of the advantages of Brexit (such as an end to free movement) by way of a transitional arrangement to bridge the gap between our leaving the EU and the date by which we get a trade deal with the EU.

It has been widely acknowledged on both sides of the argument how resilient she has been, and nothing has side-tracked her despite all the noises-off both in Parliament and even from within her own party, against all the hostility she has taken from the EU. By the end of her tour of the nations, she will then have a debate in the Commons lasting days to discuss what happens next.

What she will be able to claim is:

- She would have done her absolute best to put in place a transition period that would assist business on both sides of the Channel to come to terms with the Brexit arrangements.

- She will have ensured that the country did not take an economic hit during the gap between Brexiting and securing an EU trade deal.

- She will have made sure that everyone understood, as far as it was possible for them to understand, the nature of the Withdrawal Agreement, so that nobody could say afterwards, at least with credibility, that the government did not do enough to explain the intention of that Agreement.

- Her tour of the nations and her plea to the public to make their wishes known to their MPs would have ensured that people could not say (again with credibility) that they had no opportunity to put their views forward.

So after the long debate in the Commons, MPs will vote on the Withdrawal Agreement. Everyone will understand by then what it means. If they vote it down, the Prime Minister will announce that in the absence of an agreement, Article 50 will be activated on 29 March and we wiil be out of the EU, ready to negotiate a trade deal, which will probably take up to two years in all likelihood. She will then announce the measures that will be in place to secure the speediest possible movement of goods and the arrangements in place for businesses to ensure that trade with the EU can continue relatively unimpeded, squashing yet another remoaner argument that no preparations have been done for Brexit without a deal.

Despite what others are saying about Theresa May's future prospects, I think it will be a case of game, set and match to Theresa May and a pure Brexit achieved.

Not bad for a couple of years hard grind against all the odds. Who else could have achieved this outcome?

---------- Post added at 13:56 ---------- Previous post was at 13:54 ----------

Quote:

Originally Posted by Mr K (Post 35973058)
Why do you want no deal? It isn't plain and simple.

Hyperinflation, job losses, empty supermarket shelves, no health cover abroad. Either people genuinely don't realise or its a form of masochism.... The 'experts' can't do the impossible and make a crap situation good. Thankfully most MPs realise it, from all sides.

You are so funny, Mr K! You were trying to be funny, weren't you? This post of yours was hilarious! :D

---------- Post added at 13:56 ---------- Previous post was at 13:56 ----------

Quote:

Originally Posted by jfman (Post 35973062)
Nobody has been able to quantify any alternative future scenario. Jacob Rees-Mogg says it could be 50 years before we reap economic benefits.

Some 25 years after the technological singularity occurs apparently.

Another misunderstanding. Deliberate, I think.

---------- Post added at 13:59 ---------- Previous post was at 13:56 ----------

Quote:

Originally Posted by djfunkdup (Post 35973067)
Empty supermarket shelves ? :dunce: :D:D:D:D:D

You obviously think all trade with the EU will cease if we come out of the EU with no deal. Well, that's completely wrong, and I think you know that, although I'll give you the benefit of the doubt. We will simply be trading on WTO terms until we get the trade agreement we are seeking. It is as simple as that. No need to panic, Mr Mainwaring.

jfman 30-11-2018 15:04

Re: Brexit
 
What measures can the UK put in place to secure the speediest possible movement of goods from the EU while adhering to our WTO obligations?

---------- Post added at 14:04 ---------- Previous post was at 14:01 ----------

Quote:

Originally Posted by djfunkdup (Post 35973067)
Empty supermarket shelves ? :dunce: :D:D:D:D:D

The stockpiling of food as a contingency indicates that people are spending money now to mitigate against that likelihood. I fail to see how it warrants the dunce cap when preparations are being made.

Carth 30-11-2018 15:05

Re: Brexit
 
Quote:

Originally Posted by OLD BOY (Post 35973044)

So it's a binary choice. That makes it a lot less complicated.

Hang on a minute . . isn't that what started all this? :D :D

Sephiroth 30-11-2018 15:08

Re: Brexit
 
Quote:

Originally Posted by jonbxx (Post 35973040)
So I guess you are happy with how the government has performed since 2016 in this respect?

When almost all of the forecasts indicate a downturn in performance of the UK economy even with trade deals. For example, the recent government study takes in to account that we will have comprehensive trade deals according to government policy with United States, Australia, New Zealand, Malaysia, Brunei, China, India, Mercosur (Brazil, Argentina, Paraguay and Uruguay) and the Gulf-Cooperation Council (UAE, Saudi Arabia, Oman, Qatar, Kuwait and Bahrain)

The question is, if almost all forecasts indicate a downturn in the economy then we need to talk about how much rather than whether it will happen. See climate change studies as a similar example.. If the methodology is flawed, then where are the 'correcting' studies by other groups or is the entire science of economics flawed?

I hope you are right and the negative impacts are low but we need to be ready in case this is not the case. Personally, in my situation, we can absorb a fair level of financial shock (Brexit proofing our mortgage with a really long term fixed rate for example) and most of my work comes from the EU rather than the UK. I am worried this will not be the case for everyone though.

You are being specious in your assertion of a 'downturn in the economy'.

The currently issued forecasts talk about lower economic GROWTH, which in no way means a 'downturn in the economy'.

It would help if you acknowledged this.

pip08456 30-11-2018 15:09

Re: Brexit
 
Quote:

Originally Posted by Mr K (Post 35973058)
Why do you want no deal? It isn't plain and simple.

Hyperinflation, job losses, empty supermarket shelves, no health cover abroad. Either people genuinely don't realise or its a form of masochism.... The 'experts' can't do the impossible and make a crap situation good. Thankfully most MPs realise it, from all sides.

On what do you base this assumption?

Under WHO rules if WE don't impose tariffs on any EU goods without a deal, which is our perogative, then any other imports will also be free of tariff.

This doesn't mean we have to import from any other Country, just that if we do it must be on the same basis until a deal is made. A deal doesn't have to be with the EU either.

In essence, there won't be any empty supermarket shelves, oh and rice will come down in price as there will no longer an EU imposed tariff on it.

jfman 30-11-2018 15:14

Re: Brexit
 
Quote:

Originally Posted by pip08456 (Post 35973081)
On what do you base this assumption?

Under WHO rules if WE don't impose tariffs on any EU goods without a deal, which is our perogative, then any other imports will also be free of tariff.

This doesn't mean we have to import from any other Country, just that if we do it must be on the same basis until a deal is made. A deal doesn't have to be with the EU either.

In essence, there won't be any empty supermarket shelves, oh and rice will come down in price as there will no longer an EU imposed tariff on it.

So we will lose the ability to negotiate meaningful trade deals with anyone - nobody can compete with the EU if they flood the UK with tariff free goods/services on our doorstep.

Even our own companies will be harmed from this as their exports will be hit by tariffs in the EU side, so we won’t be competing on a level playing field.

We will also lose the benefit of tax revenue from tariffs.

pip08456 30-11-2018 15:16

Re: Brexit
 
Quote:

Originally Posted by jfman (Post 35973075)

The stockpiling of food as a contingency indicates that people are spending money now to mitigate against that likelihood. I fail to see how it warrants the dunce cap when preparations are being made.

No it indicates they have fallen to the project fear initiative.

jfman 30-11-2018 15:18

Re: Brexit
 
Quote:

Originally Posted by pip08456 (Post 35973084)
No it indicates they have fallen to the project fear initiative.

It’s costing money to do so, I doubt those doing it are taking the decision lightly.

Carth 30-11-2018 15:21

Re: Brexit
 
stockpiling food? really? I must say I haven't heard of people doing that, maybe I read the wrong papers ;)

Mr K 30-11-2018 15:22

Re: Brexit
 
Quote:

Originally Posted by OLD BOY (Post 35973068)
You are so funny, Mr K! You were trying to be funny, weren't you? This post of yours was hilarious! :D

Well, OB empty shelves are a definite possibility in a no deal scenario, at least initially. Lorries getting stuck at the ports with checks and the public panic buying.

What is amusing though is your total devotion to TM and her achieving 'pure Brexit' :D

jfman 30-11-2018 15:25

Re: Brexit
 
Quote:

Originally Posted by Carth (Post 35973087)
stockpiling food? really? I must say I haven't heard of people doing that, maybe I read the wrong papers ;)

There’s certainly been examples in the gutter press. Even in the wider economy other stockpiling is going on.

https://www.standard.co.uk/business/...mpression=true

Carth 30-11-2018 15:27

Re: Brexit
 
aah the gutter press . . I was correct then I don't read the right papers

jfman 30-11-2018 15:30

Re: Brexit
 
The link above quotes the Chief Exec of a logistics firm. Someone who could actually be prosecuted if he is misleading on the performance of the company.


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