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The Consequences of Brexit [part 4]

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Do you get the supply and demand point?

 

"Supply and demand is perhaps one of the most fundamental concepts of economics and it is the backbone of a market economy."

 

If you increase the supply of low skilled workers .......

If you increase the numbers seeking homes ........

 

Read more: Law of Supply and Demand: Basic Economics http://www.investopedia.com/university/economics/economics3.asp#ixzz4ogkzBNE0

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I understand supply and demand. What's that got to do with someone being happily unemployed if we leave the EU?

 

You don't think immigration is going to go down massively do you?

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Do you get the supply and demand point?

 

"Supply and demand is perhaps one of the most fundamental concepts of economics and it is the backbone of a market economy."

 

If you increase the supply of low skilled workers .......

If you increase the numbers seeking homes ........

 

Read more: Law of Supply and Demand: Basic Economics http://www.investopedia.com/university/economics/economics3.asp#ixzz4ogkzBNE0

Follow us: Investopedia on Facebook

 

We don't have pure supply and demand.

 

The housing market is rigged to keep prices high. The Labour market is rigged so that employers can pay low wages and workers still get enough to live on through tax credits and housing benefits.

 

The labour and housing markets are subject to massive state interference.

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For those interested in the reality of the situation in which we find ourselves, this explanation of the difficulties we face is interesting.

 

https://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0ahUKEwiFv_eRy7vVAhWlC8AKHRT2D-8QtwIILTAA&url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3D6xN7tw61-vE&usg=AFQjCNFJVzjMtns9U-hE3AWdY--j_LQVnA

 

Michael Dougan is Professor of European Law and Jean Monet chair in EU Law at the University of Liverpool.

 

So he has a fair grasp of what's involved, and he made some predictions prior to the Brexit referendum which are proving to have been accurate.

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For those interested in the reality of the situation in which we find ourselves, this explanation of the difficulties we face is interesting.

 

https://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0ahUKEwiFv_eRy7vVAhWlC8AKHRT2D-8QtwIILTAA&url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3D6xN7tw61-vE&usg=AFQjCNFJVzjMtns9U-hE3AWdY--j_LQVnA

 

Michael Dougan is Professor of European Law and Jean Monet chair in EU Law at the University of Liverpool.

 

So he has a fair grasp of what's involved, and he made some predictions prior to the Brexit referendum which are proving to have been accurate.

 

 

No surprise there,

"However, that means his post is supported by EU funds"

http://www.eureferendum.com/blogview.aspx?blogno=86112

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No surprise there,

"However, that means his post is supported by EU funds"

http://www.eureferendum.com/blogview.aspx?blogno=86112

 

Point out where he's wrong.

 

Are you able to contest any of his observations in factual terms?

 

He's stating the facts as they are at the present time.

 

Brexiteers claimed that Remainers were using 'Project Fear' in order to persuade people to vote to retain EU membership and that there was nothing to worry about, it was all made up and everything would turn out fine.

 

Well it turns out that there is something to worry about, and it was the Brexiteers who were naive/lying about the outcome of leaving.

 

As he says;

 

" The time has come where their fantasies have to find solutions to real problems.

 

They have to negotiate with people who haven't been conned into sharing their distorted world view.

 

They have to address challenges which they denied would ever even materialise.

 

How will they respond?

 

Will they welcome scrutiny? Will they admit their mistakes? Will they apologise for any reckless risk taking?

 

Well of course not, they are going to ignore, they are going to deny,and they will blame anyone apart from themselves."

 

Personally I think he sums it up pretty well.

 

Unfortunately.

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https://www.theguardian.com/politics/2017/aug/03/eu-fishing-boats-can-still-operate-in-uk-waters-after-brexit-says-gove

 

 

Michael Gove has told the Danish fishing industry that boats from EU countries will still be able to operate in UK waters after Brexit, as the UK does not have enough capacity to catch and process all its fish alone.

 

The comments from Gove, recounted by Danish fishing leaders after they met the environment secretary, prompted complaints from the Lib Dems and SNP that the government’s stance on the issue was confused.

 

In July, Gove said Britain was “taking back control” of its fisheries by departing from the EU common fisheries policy, which lets member states fish between 12 and 200 nautical miles off the UK’s coastline.

 

He also announced the UK’s withdrawal from the London fisheries convention, signed before the UK joined the EU, which lets vessels from the UK, France, Belgium, Germany, Ireland and the Netherlands fish within between six and 12 nautical miles of each other’s coasts.

 

 

 

But the Department for Environment, Food and Rural Affairs (Defra) said the plan had always been to allow other nations some access to UK territorial waters after Brexit, and that the extent of this could now be decided by the UK.

 

Gove, who was made environment secretary after June’s election, met representatives from Danish fish processing companies and the country’s fishing industry in Jutland on Monday, the Jyllands-Posten newspaper reported.

 

At the meeting the Danes were told by Gove that the UK “does not have the capacity to catch and process all the fish in British waters” and thus boats from EU nations would be allowed continued access post-Brexit.

Edited by chalga

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I voted leave pure and simple

 

I struggle to believe you are pure.

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I struggle to believe you are pure.

 

I see what you did there

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https://www.theguardian.com/politics/2017/aug/03/eu-fishing-boats-can-still-operate-in-uk-waters-after-brexit-says-gove

 

 

Michael Gove has told the Danish fishing industry that boats from EU countries will still be able to operate in UK waters after Brexit, as the UK does not have enough capacity to catch and process all its fish alone.

 

The comments from Gove, recounted by Danish fishing leaders after they met the environment secretary, prompted complaints from the Lib Dems and SNP that the government’s stance on the issue was confused.

 

In July, Gove said Britain was “taking back control” of its fisheries by departing from the EU common fisheries policy, which lets member states fish between 12 and 200 nautical miles off the UK’s coastline.

 

He also announced the UK’s withdrawal from the London fisheries convention, signed before the UK joined the EU, which lets vessels from the UK, France, Belgium, Germany, Ireland and the Netherlands fish within between six and 12 nautical miles of each other’s coasts.

 

 

 

But the Department for Environment, Food and Rural Affairs (Defra) said the plan had always been to allow other nations some access to UK territorial waters after Brexit, and that the extent of this could now be decided by the UK.

 

Gove, who was made environment secretary after June’s election, met representatives from Danish fish processing companies and the country’s fishing industry in Jutland on Monday, the Jyllands-Posten newspaper reported.

 

At the meeting the Danes were told by Gove that the UK “does not have the capacity to catch and process all the fish in British waters” and thus boats from EU nations would be allowed continued access post-Brexit.

 

Seems like the UK sole-ly has the option.

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