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Post-Brexit Thread
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Old 17-10-2016, 13:12   #2071
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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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Old 17-10-2016, 13:20   #2072
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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?
The 52% voted to leave the EU.

Now, in real terms leaving the EU and everything associated with it. Including the Single Market.

Anyone that says they didn't know what they were voting for are stupid and if they've had a change of mind then tough.

Ignorance is no excuse or a defence. You should avail yourself of the facts before you make a decision.

We should exit the EU and then negotiate our relationship.
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Old 17-10-2016, 17:00   #2073
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Re: Post-Brexit Thread

Quote:
Originally Posted by Pierre View Post
The 52% voted to leave the EU.

Now, in real terms leaving the EU and everything associated with it. Including the Single Market.

Anyone that says they didn't know what they were voting for are stupid and if they've had a change of mind then tough.

Ignorance is no excuse or a defence. You should avail yourself of the facts before you make a decision.

We should exit the EU and then negotiate our relationship.
Facts were in short supply during the campaigns and experts were dismissed irrelevant, I for one could have easily jumped ship to brexit if only some of these facts had been forthcoming. It seemed to me being in Europe got the blame for a load of stuff that other things were responsible for, a close friend voted out due to him never being able to get a doctor's appointment, post vote I asked him to inquire with the surgery why patients now have to phone in on the day to book an appointment and it was nothing to do with immigrants, to many people were booking in advance and not turning up and I actually heard one woman on the radio who bragged about her qualifications and how she'd worked for the EU but was entirely ignorant of European elections for instance.
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Old 17-10-2016, 17:37   #2074
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Re: Post-Brexit Thread

'The Euro is FINISHED' Currency's creator says it will soon COLLAPSE and destroy the EU


In an explosive intervention professor Otmar Issing predicted that Brussels' dream of a European superstate will finally be buried amongst the rubble of the crumbling single currency he designed.

The respected economist launched a withering attack on eurocrats and German leader Angela Merkel, accusing them of betraying the principles of the euro and demonstrating scandalous incompetence over its management.

http://www.express.co.uk/news/politi...y-Otmar-Issing
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Old 17-10-2016, 18:35   #2075
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Re: Post-Brexit Thread

Quote:
Originally Posted by papa smurf View Post
'The Euro is FINISHED' Currency's creator says it will soon COLLAPSE and destroy the EU


In an explosive intervention professor Otmar Issing predicted that Brussels' dream of a European superstate will finally be buried amongst the rubble of the crumbling single currency he designed.

The respected economist launched a withering attack on eurocrats and German leader Angela Merkel, accusing them of betraying the principles of the euro and demonstrating scandalous incompetence over its management.

http://www.express.co.uk/news/politi...y-Otmar-Issing
All of a sudden you like experts
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Old 17-10-2016, 19:02   #2076
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Re: Post-Brexit Thread

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Originally Posted by TheDaddy View Post
All of a sudden you like experts
i wasn't aware i disliked anyone and i only posted a news article i never proclaimed my feelings for the man .
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Old 17-10-2016, 19:05   #2077
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Re: Post-Brexit Thread

Quote:
Originally Posted by papa smurf View Post
'The Euro is FINISHED' Currency's creator says it will soon COLLAPSE and destroy the EU


In an explosive intervention professor Otmar Issing predicted that Brussels' dream of a European superstate will finally be buried amongst the rubble of the crumbling single currency he designed.

The respected economist launched a withering attack on eurocrats and German leader Angela Merkel, accusing them of betraying the principles of the euro and demonstrating scandalous incompetence over its management.

http://www.express.co.uk/news/politi...y-Otmar-Issing
Don't panic papa, someone will be along soon to tell us why this bloke has got it all wrong. There will be a short interlude for googling and assembly of relevant graphs/statistics but the euro will be saved....zzzzzzzz
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Old 17-10-2016, 19:10   #2078
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Re: Post-Brexit Thread

Quote:
Originally Posted by Kursk View Post
Don't panic papa, someone will be along soon to tell us why this bloke has got it all wrong. There will be a short interlude for googling and assembly of relevant graphs/statistics but the euro will be saved....zzzzzzzz
yes googling while standing on the backs of giants will probably save the day
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Old 17-10-2016, 19:52   #2079
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Re: Post-Brexit Thread

Quote:
Originally Posted by Pierre View Post
The 52% voted to leave the EU.

Now, in real terms leaving the EU and everything associated with it. Including the Single Market.

Anyone that says they didn't know what they were voting for are stupid and if they've had a change of mind then tough.

Ignorance is no excuse or a defence. You should avail yourself of the facts before you make a decision.

We should exit the EU and then negotiate our relationship.
Good news for you - you have to exit the EU before negotiating your new relationship with it.

The trouble is Brexit means different things to different people, and your view will differ significantly from the next person's. Just because their views are different from yours doesn't nake them stupid. In the same way, remainers all feel differently about the EU - some wanted us to join the euro, others wanted us to have looser ties.

Last edited by 1andrew1; 17-10-2016 at 19:56.
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Old 17-10-2016, 21:39   #2080
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Re: Post-Brexit Thread

Quote:
Originally Posted by Pierre View Post

We should exit the EU and then negotiate our relationship.
Hold on a mo ,i'm probably the most rabid brexiter on the forum with the most simplistic idea of how it should be done and even i think that's just plain backwards .
 
Old 17-10-2016, 23:04   #2081
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Re: Post-Brexit Thread

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Originally Posted by martyh View Post
Hold on a mo ,i'm probably the most rabid brexiter on the forum with the most simplistic idea of how it should be done and even i think that's just plain backwards .
Please give me the benefit of your teachings wise one.

Maybe I didn't put it across well.

our starting position should be a complete exit of everything EU.

And then negotiate our new relationship taking into account our wants and aims and their wants and aims.

But laying out that if it is a complete break we end up with, so be it, we won't be bullied or coerced into a poor deal.

If we get into a negotiation practically begging to be in the single market we have nothing.
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Old 18-10-2016, 10:37   #2082
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Re: Post-Brexit Thread

A couple of articles from the well known pro-EU Telegraph and two well-known pro-EU commentators, Ambrose Evans-Pritchard and Jeremy Warner.

http://www.telegraph.co.uk/business/...een-verdict-a/

Quote:
The bond vigilantes are sharpening their knives. The last five trading sessions have seen a sudden and potentially ominous shift in the reflexes of the Gilts market, a sign that ‘hard Brexit’ rhetoric has rattled global debt managers.

“For the first time, foreign investors are beginning to question the credit-worthiness of the United Kingdom, “ said Vatsala Datta, UK rates strategist at RBC.
There goes one of John Redwood's points he used to gloat after the referendum result.

Quote:
Break-even rates stopped rising last week, yet this time Gilt yields spiked higher, a divergence of 18 basis points. RBC said the pattern in the interlocking currency and debt markets is clear: sterling is no longer trading like a bona fide reserve currency.

“The parallel sell-off in gilts and sterling is potentially a worrying development, consistent with the UK’s having growing difficulty funding its internal and external deficits,” it said.
Beware, a long period of belt-tightening is in prospect

Quote:
Does this sound familiar? The pound has long been far too strong, so devaluation is very much to be welcomed; it will allow Britain to tackle the “root cause” of its economic travails, “break out from the straitjacket” of boom and bust, and “in summary … sell more goods abroad on a competitive basis”.

Well it should be familiar, because it is the sort of stuff we have been hearing almost daily from leading Brexiters ever since the pound took its latest, post-referendum tumble.

But it is also almost word for word what Harold Wilson said about his own devaluation nearly 50 years ago. As everyone who lived through those times knows, he then went on to explain: “It does not mean, of course, that the pound here in Britain, in your pocket or purse or in your bank, has been devalued.
Looks as though the Telegraph has joined in talking the country down now. Hang them all for treason.
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Old 18-10-2016, 12:11   #2083
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Re: Post-Brexit Thread

Quote:
Originally Posted by Damien View Post
Those two 'facts' were campaign pledges and were disparaged by the experts. Both of them were intentionally misleading people on the actual facts underneath.
The 350 million was admittedly a campaign pledge but the £3500 was,iirc, touted as a fact......but anyway, you get the idea.

---------- Post added at 11:11 ---------- Previous post was at 11:08 ----------

Quote:
Originally Posted by Pierre View Post

our starting position should be a complete exit of everything EU.

And then negotiate our new relationship taking into account our wants and aims and their wants and aims.

But laying out that if it is a complete break we end up with, so be it, we won't be bullied or coerced into a poor deal.

If we get into a negotiation practically begging to be in the single market we have nothing.
I agree
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Old 18-10-2016, 13:09   #2084
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Re: Post-Brexit Thread

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Originally Posted by Ignitionnet View Post
Looks as though the Telegraph has joined in talking the country down now. Hang them all for treason.
More like they are waking up to the reality of the economic gloom ahead. Pound devalued, inflation starting to kick off, UK's credit worthiness questioned, firms starting to look to other countries to relocate.

That 'dodgy' anti-Brexit dossier might have had something in it after all.

Got to make the best of it, but we've made an incredibly stupid decision for all the wrong reasons.
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Old 18-10-2016, 13:15   #2085
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Re: Post-Brexit Thread

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Originally Posted by Mr K View Post

Got to make the best of it, but we've made an incredibly stupid decision for all the wrong reasons.
No we have not - utter Bollocks.

---------- Post added at 12:15 ---------- Previous post was at 12:11 ----------

Quote:
Originally Posted by Ramrod View Post

I agree
Agreed also, some people are just so blind when it comes to the EU, they cannot see the corrupt entity that is the EU and heaven knows why people want to be associated with that mess they call they EU, is beyond me.

The sooner we leave the bloody better.
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