Thread: Brexit (Old)
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Old 26-11-2018, 13:48   #3800
OLD BOY
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Re: Brexit
Quote:
Originally Posted by 1andrew1 View Post
Not the kind of figures to worry the Brexit elite.

https://news.sky.com/story/live-back...rexit-11563967
It would be interesting to see what they took into account in coming to that conclusion. Doubtless, they could do a calculation based on potential loss of trade, but what about new opportunities? It would be difficult to assess that of course because they cannot know how businesses will react and the type of benefits that would flow from their initiatives.

So these reports will always underestimate the potential benefits because they have no hard information to go on, whereas potential loss of business can, for the most part.

I wouldn't lose any sleep over this impact assessment!

---------- Post added at 13:37 ---------- Previous post was at 13:36 ----------

Quote:
Originally Posted by Damien View Post
I am surprised May's deal is so close to the impact of no deal really
The figures are no more than a finger in the air from those who believe that Brexit carries with it no benefits.

---------- Post added at 13:41 ---------- Previous post was at 13:37 ----------

Quote:
Originally Posted by 1andrew1 View Post
The reports will take into account the small upside. But as we know, it's dwarfed the far larger and perrmanent downside unfortunately.
How on Earth can you say with any credibility that there will be 'a small upside?' What do you base that on?

Remove restrictions and open up markets and business will respond very positively indeed, without governments getting in the way.

---------- Post added at 13:43 ---------- Previous post was at 13:41 ----------

Quote:
Originally Posted by 1andrew1 View Post
People need to grasp the concept that the bigger bloc or country offers the larger market and so has the upper hand in negotiations. Be that the EU, India or the USA. There's nothing mean about that.
If we had all the trade deals lined up that Liam Fox said we would have, then we might be looking at the country taking less of a long term hit than looks the case now. Regrettably, these deals have not occurred.
You do know that we are not permitted to negotiate trade deals until we have left the EU, don't you, Andrew?

There is a lot of work going on behind the scenes and Japan has already signalled that they will support us joing the free trade area to which they belong, which is massive.

---------- Post added at 13:48 ---------- Previous post was at 13:43 ----------

Quote:
Originally Posted by Damien View Post
According to The Sun Gove and Rudd, along with Labour rebels, will seek the Norway option if the deal is voted down: https://www.thesun.co.uk/news/brexit...ove-join-efta/
It is increasingly likely that this will be the route we have to take. It will be temporary, of course, until we get the trade deal we want from the EU.
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