Consequences Of Brexit [Part 9] Read First Post Before Posting

[Magilla 510]

32 minutes ago, West 77 said:

Biden and the Nancy woman are unhappy with Britain because our government have mainly supported the Trump administration which is the real reason why they are supporting the EU instead of being loyal to their nation's closest ally.

The UK supports the administration in power.  Always has.

 

No one is upset or even remotely surprised about that, except you!

 

Neither Biden or Pelosi are "supporting the EU", merely stating something that should be obvious to anyone with even a modicum of intelligence.

 

32 minutes ago, West 77 said:

Petty behaviour from a candidate to be US president because the UK have a long history of supporting both Democratic and Republican administrations.

Laughable, how far down the rabbit hole do you have to be to believe that?

 

Stating that you'll abide by your obligations is now "petty"...

 

LOL, you really have got the Boris bug!

 

[Magilla 510]

Hauliers' meeting with Michael Gove 'a washout'

https://www.bbc.co.uk/news/uk-politics-54194339

 

[Magilla 510]

Trump envoy warns of risk of Ireland 'border by accident':

https://www.theguardian.com/politics/2020/sep/18/brexit-trump-envoy-warns-of-risk-of-ireland-border-by-accident

"Donald’s Trump special envoy to Northern Ireland has warned of the risk of creating a hard “border by accident” on the island of Ireland"

 

You'll notice that no-one, even team Trump, thinks the UK just ignoring a border on no-deal is a realistic possibility.

[L00b 441]

3 hours ago, West 77 said:

We don't get anything from the EU now because they have a massive trade surplus with us.

The UK "hasn't got anything from the EU" because nothing has changed between the UK and the EU yet (so the UK doesn't want for anything) and bevause the negotiations are still ongoing (so what the UK keeps after 31 December isn't known).

 

Ah, the "massive trade surplus" argument is back. It had been a while. Must be why the EU27 is so far ahead of the UK in preparing for no deal 

[Tony 10]

1 hour ago, L00b said:

The UK "hasn't got anything from the EU" because nothing has changed between the UK and the EU yet (so the UK doesn't want for anything) and bevause the negotiations are still ongoing (so what the UK keeps after 31 December isn't known).

 

Ah, the "massive trade surplus" argument is back. It had been a while. Must be why the EU27 is so far ahead of the UK in preparing for no deal 

It is traders and consumer who will lose substantial amounts of trade with the UK who need to prepare for no deal. 

 

The effect on the EU27 nations will be reduced tax receipts, an angry business community and farmers burning animal carcasses outside the Elysee Palace. Perhaps consumers will be upset that langoustines are three times the price but they will be able to comfort eat themselves with the Calais Cheese Mountain. 

[Magilla 510]

1 hour ago, Tony said:

It is traders and consumer who will lose substantial amounts of trade with the UK who need to prepare for no deal. 

Why, their products won't be any more expensive than everywhere else we don't currently have a deal with, and in many cases, you can't get the same product from elsewhere.

 

In reality, the UK will buy mostly the same products from the EU, but the end consumer will pay more for them

 

The EU has bilateral agreements with countries such as Russia, USA and China, that the UK will lose on no-deal. Products from those countries become more attractive to EU buyers than UKs, as do EU products for those countries compared to the UK ones.

 

No-deal is a double whammy for the UK far more than it is for any EU member.

 

Quote

 

The effect on the EU27 nations will be reduced tax receipts, an angry business community and farmers burning animal carcasses outside the Elysee Palace. Perhaps consumers will be upset that langoustines are three times the price but they will be able to comfort eat themselves with the Calais Cheese Mountain. 

Since each individual EU members maximum exposure is around one fifth of that of the UK, what makes you think it won't be far far worse for the UK?

 

If the UK allow cheap imports from elsewhere, it might not have any farmers left before long!

 

Edited September 18, 2020 by Magilla

[L00b 441]

2 hours ago, Tony said:

It is traders and consumer who will lose substantial amounts of trade with the UK who need to prepare for no deal. 

How so? Is the UK going to tarriff imports from the EU27 in 2021 if there's no FTA?

 

That is not the intention conveyed by your government so far.

 

Besides, the UK is still way (way way) short of having the requisite customs processing capacity in place to enforce.

2 hours ago, Tony said:

The effect on the EU27 nations will be reduced tax receipts, an angry business community and farmers burning animal carcasses outside the Elysee Palace. Perhaps consumers will be upset that langoustines are three times the price but they will be able to comfort eat themselves with the Calais Cheese Mountain. 

It's fine, the French will comfort themselves by looking the other way for a short while, and ship you a few more refugees on RIBs and pedaloes 

 

I'm not sure how much French beef gets exported to the UK. Not a whole lot, I expect. I mean, relative to Irish beef (e.g.) So I don't expect to see much carcasses burning outside the Elysée. 

 

Unlike the above, it is inevitable (and long advertised) that the EU27 will tarriff UK imports at standard WTO rates in the absence of an FTA. France, Belgium and the Netherlands have the extra customs processing capacity in place already.

 

EU27 tax receipts should either balance out (less UK goods imported, because tarriffed - but extra excise on what still gets imported) or go up (if the EU27 demand sustains).

 

There's little the UK sells, for which EU27 cannot source alternatives. Just ask the Irish, they've shrunk trade with the UK from 16% to 7% in their balance of trade in the last 3 years.

 

Likewise there's little the EU27 sells, for which the UK cannot source alternatives. The difference for the UK is, sourcing cheap US or Argentinian beef kills off British beef farming in fairly short order.  A consequence long advertised and expected, even by Leave economists themselves.

Edited September 18, 2020 by L00b

[Tony 10]

The two above posts amply demonstrate that basic economics and business is desperately lacking in the school curriculum.   

[Litotes 63]

I actually thought they were well articulated arguments.

Perhaps you could point out the errors as you are obviously better educated and informed?

 

p.s. I can't wait for my French Beef to come through Eire and then NI to my table...

[retep 68]

On 15/09/2020 at 22:46, Longcol said:

You mean all the stuff we've been importing from the EU, Japan, South Korea etc for donkeys years was substandard?

 

Please evidence (made up stories in the Express don't count) 😎

 

 

That's easy,

"Weaknesses of CE marking for Electrical Goods"

https://www.bsigroup.com/en-GB/blog/Organizational-Resilience-Blog/weaknesses-of-ce-marking-for-electrical-goods/

[Pettytom 1]

1 hour ago, retep said:

That's easy,

"Weaknesses of CE marking for Electrical Goods"

https://www.bsigroup.com/en-GB/blog/Organizational-Resilience-Blog/weaknesses-of-ce-marking-for-electrical-goods/

It doesn’t say anything much, other than “don’t trust those foreign types” and “Kitemark is ace”

 

No evidence, just some hastily thrown together supposition. Which bit did you think made it worth posting?

[retep 68]

1 minute ago, Pettytom said:

It doesn’t say anything much, other than “don’t trust those foreign types” and “Kitemark is ace”

 

No evidence, just some hastily thrown together supposition. Which bit did you think made it worth posting?

If you want to risk your life you rely on the CE mark the evidence is there in the amount of fires caused by dodgy whitegoods.