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Old 17-10-2016, 12:12   #2071
Ignitionnet
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Re: Post-Brexit Thread

Quote:
Originally Posted by 1andrew1 View Post
Can you explain what the 51.9% were voting for? How much immigration was it for? How much budget contribution to the EU was it for? How much free trade with the EU was it for? How much increased weekly contribution to the NHS?
You'll have to let him see what the Express or possibly Mail if feeling especially highbrow have to say about it.

If the budget contribution they had in mind was zero if this story is true they're going to be disappointed by the government's aims.

If it was loads more cash to spend at home that alongside the car manufactures getting concessions to keep their plants here they are again likely to be disappointed.

So, if this is true, in return for 'taking back control' the government wants to subsidise Nissan, Jaguar Land Rover, and other car manufacturers, along with paying into the EU budget to preserve our access to the Single Market for financial services.

With being in the Single Market for financial services will also almost certainly come recognising the ECJ's competence for some things. Not as many as now, but still there. That or we go to the expense of setting up a bespoke arrangement, entirely at our cost.

That's just what we have heard about so far. I presume there'll be more to come as other industries do the obvious and pursue such deals for themselves to offset impacts from Brexit.

Looks like a great deal to me.

Priti Patel babbled about how discussing Brexit terms in Parliament would be like showing your hand in a game of high-stakes poker. Looks to me like the EU already knows our hand, it's not particularly good, and is getting progressively weaker as, despite the ever-intensifying propaganda, economic reality refuses to go away.

I'm hugely biased, of course, but with each and every mention of costly concessions being made in order to protect our economy this whole thing seems more and more ideological and less and less about what's best for the country.

---------- Post added at 12:03 ---------- Previous post was at 12:01 ----------

Here's a fine piece of self-delusion from the intellectual powerhouse that was the Euro-sceptic's choice to be our Prime Minister.

This is from June this year.



To be fair the Treasury also got it wrong. Their worst-case scenario, premised around immediate serving of Article 50, foresaw a drop in Sterling of 15%. It's at 17% for right now.

---------- Post added at 12:12 ---------- Previous post was at 12:03 ----------

Talking of the Mail this was in the Mail on Sunday.

Quote:
Retailers are poised to impose a wave of price rises that could add 5 per cent to shopping bills in the new year after the pound plunged by more than the worst forecast of so-called ‘Project Fear’.

The hikes, expected to hit soon after Christmas, will cost consumers an estimated £15billion next year.

A slew of executives from supermarkets, fashion retailers and suppliers have issued warnings. Most declined to be named – saying the issue has become too political – but all predicted price rises of at least 5 per cent.
Pants, but inevitable.
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