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

Groose

Let me make this perfectly clear - any personal attacks will get you a suspension. The moderating team is not going to continually issue warnings. If you cannot remain civil and post within forum rules then do not bother to contribute.

 

In addition to remoaner we are also not going to allow the use of libdums or liebore - if you cannot behave like adults and post without recourse to these childish insults then please refrain from posting. If you have a problem with this then you all know where the helpdesk is. 

Message added by Groose

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10 hours ago, Tony said:

Well not really, because the UK doesn't trade with "each individual EU member" either.  It's still a basic misunderstanding of essential principles of economics and business. The UK doesn't really trade with any other nation, bloc, constitution, business or consumer, because the UK is a country. The UK no more makes you trade with Tesco than at Asda. The same principle applies for business; people trade with who they want to trade with.

 

The UK does not trade, the EU does not trade, individual nations do not trade. It's not a matter of opinion or even pointless pedantry. Business A (UK based) trades Widgets with Business B (based wherever) because together they are a willing seller and buyer. The prevailing macro economic circumstances may or may not suit today's trade. Tomorrow it will be different when they are trading Wotsits. 

 

If Widgets more attractive in one place or another, and they actually available to buy, the supply moves around. It's trade 101. Price is elastic, as is demand. That elasticity depends on very many factors that go far beyond tariffs. For example, if consumers in Bigland like Wotsits from Otherland they will pay a premium until the elastic snaps. The same essential principles apply to governments who rely on votes from a largely mollified populace. If Wotsits aren't available because Bigland's government has dropped a clanger the populace gets antsy and kicks them out...

 

... I'll stop there, I'm not here to provide basic tuition that 15 year olds should know. Bored now. Get your biased response in while I really don't care.

 

I suppose what I am trying to get at is don't be so desperate for your personal bias to be right that you end up hating everything around you. 2016 happened, ignore the political posturing, see the upsides and make the best of the life that's been handed out.

A lot of blindingly obvious waffle that doesn't change the reality that your claims re: "reduced tax receipts, an angry business community and farmers" in the EU27 are equally, or more, applicable to the UK :roll:

Edited by Magilla

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7000 trucks in Kent - reasonable worst case scenario - what's the worst worst case scenario?

 

Gammonleo - we were sold a pig in a poke there - looks like the governments BS solution won't happen (BS= Brexit Satellite - honest)

 

This really is becoming as easy as all the chinless wonders in the Leave part said it was going to be - and there will be no economic impact - honest!!!

 

Yet more Mr BoShambles - wait for the whiplash moment...

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2 hours ago, Litotes said:

7000 trucks in Kent - reasonable worst case scenario - what's the worst worst case scenario?

 

Gammonleo - we were sold a pig in a poke there - looks like the governments BS solution won't happen (BS= Brexit Satellite - honest)

 

This really is becoming as easy as all the chinless wonders in the Leave part said it was going to be - and there will be no economic impact - honest!!!

 

Yet more Mr BoShambles - wait for the whiplash moment...

Dont worry we have a couple of choices

 

1: negotiate and buy back into Galileo and be humiliated.

2: use the satellite company that went bankrupt and we bought a 45%? share in, which is Indian, who still have a controlling share? so our GPS system if got up and running would be controlled by India...more Humiliation, taking back control? :D

Edited by melthebell

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3 hours ago, Litotes said:

7000 trucks in Kent - reasonable worst case scenario - what's the worst worst case scenario?

(...)

Ah, so you just saw Mr Gove's letter, then?

 

Well, your government was always going to prepare British industry and the British public for signficantly increased friction at the borders, because your politicians were perfectly aware that, even if they secured the FTA they demanded, that FTA meant signficantly increased friction at the borders.  

And they were always going to blame (a) the EU; (b) the French (and/or the Germans); (c) the haulage industry; (d) the ferry companies; (e) other industries; (f) the Covid-19 pandemic and (g) malicious fairies, in that order, for the signficantly-increased friction.

 

What, you thought they were going to acknowledge that it was the direct, entirely forseeable and widely forseen outcome of the UK's own, unconstrained policy choices? ;)

 

So, well, JP Morgan is moving £230bns' worth of assets out of the UK to Frankfurt. Not the first, nor the last.

Edited by L00b

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54 minutes ago, L00b said:

Ah, so you just saw Mr Gove's letter, then?

 

Well, your government was always going to prepare British industry and the British public for signficantly increased friction at the borders, because your politicians were perfectly aware that, even if they secured the FTA they demanded, that FTA meant signficantly increased friction at the borders.  

And they were always going to blame (a) the EU; (b) the French (and/or the Germans); (c) the haulage industry; (d) the ferry companies; (e) other industries; (f) the Covid-19 pandemic and (g) malicious fairies, in that order, for the signficantly-increased friction.

 

What, you thought they were going to acknowledge that it was the direct, entirely forseeable and widely forseen outcome of the UK's own, unconstrained policy choices? ;)

 

So, well, JP Morgan is moving £230bns' worth of assets out of the UK to Frankfurt. Not the first, nor the last.

Thousands of bankrupt angry EU farmers and no fish, seems a fair swop.

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11 minutes ago, retep said:

Thousands of bankrupt angry EU farmers and no fish, seems a fair swop.

Project Fear! :lol:

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2 hours ago, L00b said:

Ah, so you just saw Mr Gove's letter, then?

 

Well, your government was always going to prepare British industry and the British public for signficantly increased friction at the borders, because your politicians were perfectly aware that, even if they secured the FTA they demanded, that FTA meant signficantly increased friction at the borders.  

And they were always going to blame (a) the EU; (b) the French (and/or the Germans); (c) the haulage industry; (d) the ferry companies; (e) other industries; (f) the Covid-19 pandemic and (g) malicious fairies, in that order, for the signficantly-increased friction.

 

What, you thought they were going to acknowledge that it was the direct, entirely forseeable and widely forseen outcome of the UK's own, unconstrained policy choices? ;)

 

So, well, JP Morgan is moving £230bns' worth of assets out of the UK to Frankfurt. Not the first, nor the last.

The reality is that the vast majority of the global parasite high-flyers employed by the likes of JP Morgan are not UK citizens anyway, and moving across borders is a normal part of their capitalist vulture career path.

JP Morgan have been muttering about this move to Frankfurt since the Leaman Brothers collapse of 2008.

 

JP Morgan also played a part in the financial crash of 2008, and were fined a record $13bn over toxic mortgages.

 

https://www.theguardian.com/business/2013/nov/19/jp-morgan-record-fine-settlement-mortgages

 

The Financial crash directly led to austerity, which in turn led to the support for Brexit (why stay in an economic trading bloc that exists to mainly benefit the rich?) JP Morgan is one the many architects of the Brexit vote. You reap what you sow.

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40 minutes ago, Car Boot said:

The reality is that (...)

(...) You reap what you sow.

How is that going for you lately?

19 minutes ago, RJRB said:

Considering the assets are going to Frankfurt, i.e. in the EU, then obviously fully-accountable clean ones.

 

With even a passing knowledge of recent news (recent for many, less so for long-time dot-connectors), never mind the latest financial data trove to be whistleblown, it's easy enough to guess why the others are staying ;)

Edited by L00b

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57 minutes ago, L00b said:

How is that going for you lately?

Considering the assets are going to Frankfurt, i.e. in the EU, then obviously fully-accountable clean ones.

 

With even a passing knowledge of recent news (recent for many, less so for long-time dot-connectors), never mind the latest financial data trove to be whistleblown, it's easy enough to guess why the others are staying ;)

Really well, thank you.

 

The best thing the UK has done this century is to Leave the fading, out of date, twentieth century construct, the EU.

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