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The Consequences of Brexit [part 5] Read 1st post before posting

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34 minutes ago, I1L2T3 said:

What kind of government would actively plan for the suicide rate rising due to its own actions.

 

It beggars belief

 

Morally and ethically bankrupt. 

One that's following the instructions of the referendum. I said in an earlier post that the EU want to sell their goods to us we want to sell ours to them. Or do you think all trade will stop after we leave ?

Edited by hobinfoot

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1 hour ago, apelike said:

We are a rich country and have plenty in reserves for emergencies

Reserves for emergencies?! There are no "reserves" at all! Money is created by adding it to the national debt. The money to settle the outstanding obligations to EU projects has already been allocated because it is money already owed; it is merely being paid to a different schedule.

 

Rich country? Sure - so long as you include the City of London which skews the figures. Tax take from the City is expected to reduce by £10bn as it migrates some affairs out to Hamburg and Dublin. That's £192m per week in Brexiter speak.

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1 hour ago, retep said:

Ah well,

"GERMANY will particularly suffer in the event of a no-deal Brexit as its export-dominated economy leaves it very vulnerable to damage."

 

https://www.express.co.uk/news/world/1061636/eu-news-germany-no-deal-Brexit-consequences-angela-merkel

And Ireland will suffer far more than Germany, in proportion.

 

And yet, neither of them will suffer a tenth of what the UK will in the event of a no-deal Brexit.

 

Everybody loses, regardless of which form Brexit takes.

 

But those banding together mitigate better and lose less. That's just common sense, never mind geopolitics in the 21st century.

 

Hence the Tories have  failed to divide the EU27, and now their backs are against the wall under the Article 50 cuckoo clock.

 

Don't forget to smile for the bird! 😈

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1 hour ago, retep said:

Ah well,

"GERMANY will particularly suffer in the event of a no-deal Brexit as its export-dominated economy leaves it very vulnerable to damage."

 

https://www.express.co.uk/news/world/1061636/eu-news-germany-no-deal-Brexit-consequences-angela-merkel

That’s very comforting.We will suffer as a result of Brexit but others might suffer more.

I will add that to the other convincing argument that things will not be as bad as some fear.

You are on a roll

 

Edited by RJRB

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1 hour ago, hobinfoot said:

One that's following the instructions of the referendum. I said in an earlier post that the EU want to sell their goods to us we want to sell ours to them. Or do you think all trade will stop after we leave ?

You didn’t answer the question.

 

If the government expects that the suicide rate will increase should it continue?

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1 hour ago, hobinfoot said:

One that's following the instructions of the referendum. 

A non binding, advisory only referendum does not give instructions, it just gives the government an idea about what the mood of the country is. Despite all the screaming and shouting, the 2016 vote obliges the government to do nothing.

 

Article 50 was triggered by an Act of Parliament and if the repercussions of following this through would be great damage to the people and the economy of the UK then there is nothing stopping the government, with the support of Parliament, changing tack.

 

We don't need a referendum to halt the Brexit process, and even if we did, the cranks, racists and extremists will still scream and shout. Most people would just sigh a huge sigh of relief.

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1 hour ago, hobinfoot said:

One that's following the instructions of the referendum. I said in an earlier post that the EU want to sell their goods to us we want to sell ours to them. Or do you think all trade will stop after we leave ?

We've been over this a million times, but we export 45% of our products to the EU, they import 11% of their products from us.

 

Who stands to lose more?

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12 minutes ago, Cyclone said:

We've been over this a million times, but we export 45% of our products to the EU, they import 11% of their products from us.

 

Who stands to lose more?

This is the fundamental economic reality of the negotiation process.

 

We come to the table from a much weaker position than the EU and we are really just discussing the fine detais. Those accusing May of rolling over, the EU of punishing  us or if we 'stood up to Brussels' we'd get a much better deal are just showing how little they know about the situation, including those who think that Corbyn or McDonnell would do any better.

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2 hours ago, Flexo said:

Reserves for emergencies?! There are no "reserves" at all! 

There is and we have several types. As of August 2018 the UK held $187.4 billion in foreign reserves and 310.3 tonnes of gold valued at todays value of $13.8 billion and there are also budget reserves held back for emergencies such as a sudden war etc. Local councils also hold reserves for emergencies and I think SCC have several £M held back.

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4 hours ago, L00b said:

Yeah. And last night, a homeless man in distress outside Westminster died in hospital.

An how many have recently died across the EU? How many are also living in poverty across the EU? You see its something that is widespread even in rich EU countries and not just something that is restricted to the UK

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16 minutes ago, apelike said:

An how many have recently died across the EU? How many are also living in poverty across the EU? You see its something that is widespread even in rich EU countries and not just something that is restricted to the UK

In Italy over 5 million people are living in ABSOLUTE poverty. The democratically elected coalition government attempted to do something about this and introduce a minimum income 'citizens wage' for the very poorest, as part of a draft budget.

 

The non-elected EU rejected this draft budget and threatened Italy with sanctions if the coalition government tried to help the poor. Not only is the EU an enemy of democracy, it's also an enemy of the poor.

 

https://uk.reuters.com/article/uk-italy-politics-poverty/poverty-in-italy-at-worst-for-12-years-new-government-vows-action-idUKKBN1JM23J

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