Thread: Brexit discussion
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Old 26-06-2018, 07:25   #3229
OLD BOY
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Re: Brexit discussion
Quote:
Originally Posted by 1andrew1 View Post
Indeed, Denphone. Whilst I thought Comical Ali was killed after the Iraq invasion, it appears he is still alive and living in Wokingham.
However, the economic impacts of Brexit are no laughing matter. Losing frictionless access to the largest market in the world for goods and services and one that is on our doorstep together with all its free trade deals across the world with countries like Chile, Canada and South Korea does not mean that the rest of the world will want to step in and replace it. Indeed, it's countries outside the EU with big investments in the UK like India, Japan and Canada who are warning us about the follies of a hard Brexit, even if the backstop agreement were to permit such a thing!
There's an in-depth article today in the FT looking at customs processes, supply chains and just-in-time manufacturing in the car industry. It makes for sobering reading.

https://www.ft.com/content/8f46b0d4-...7-1e1a0846c475

Personally, I'm optimistic that common sense will prevail and that Britain will effectively remain in a customs and goods union with the EU.
We will get a deal, and we will have a frictionless border. All these negative scenarios about being poorer are based on an assumption that this will not happen.

How, exactly, do you think we will be able to forge our own trade deals if we remain in the customs union? That notion is a fantasy. The government has made it very clear. We will be out of the EU, out of the common market and out of the customs union. A way will be found to achieve a frictionless border.
Last edited by OLD BOY; 26-06-2018 at 07:29.
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