Brexit - was it worth it? (Vol. 4)
Discussion
crankedup5 said:
Yup, it’s all ongoing.
Wether one agrees with this is another matter and of course in the World of politics anything can happen and usually does. Perhaps the change to a Labour Government will speed up the process.
We are still trading with all of our partners from the past thirty years and constantly seeking deals with new trading opportunities.
Going to acknowledge the cost of the changed trading environment at all?Wether one agrees with this is another matter and of course in the World of politics anything can happen and usually does. Perhaps the change to a Labour Government will speed up the process.
We are still trading with all of our partners from the past thirty years and constantly seeking deals with new trading opportunities.
It's very much "found a pound but lost a fiver"....
And nowt's going to change unless that is faced.
M.
Mortarboard said:
crankedup5 said:
Yup, it’s all ongoing.
Wether one agrees with this is another matter and of course in the World of politics anything can happen and usually does. Perhaps the change to a Labour Government will speed up the process.
We are still trading with all of our partners from the past thirty years and constantly seeking deals with new trading opportunities.
Going to acknowledge the cost of the changed trading environment at all?Wether one agrees with this is another matter and of course in the World of politics anything can happen and usually does. Perhaps the change to a Labour Government will speed up the process.
We are still trading with all of our partners from the past thirty years and constantly seeking deals with new trading opportunities.
It's very much "found a pound but lost a fiver"....
And nowt's going to change unless that is faced.
M.
"Britain’s post-Brexit trade patterns are finally emerging in the data".
https://www.resolutionfoundation.org/comment/brita...
I thought it was an interesting read. Especially the bit about both the UK and the USA reporting a trade surplus with each other in services!
Mortarboard said:
crankedup5 said:
Yup, it’s all ongoing.
Wether one agrees with this is another matter and of course in the World of politics anything can happen and usually does. Perhaps the change to a Labour Government will speed up the process.
We are still trading with all of our partners from the past thirty years and constantly seeking deals with new trading opportunities.
Going to acknowledge the cost of the changed trading environment at all?Wether one agrees with this is another matter and of course in the World of politics anything can happen and usually does. Perhaps the change to a Labour Government will speed up the process.
We are still trading with all of our partners from the past thirty years and constantly seeking deals with new trading opportunities.
It's very much "found a pound but lost a fiver"....
And nowt's going to change unless that is faced.
M.
Mortarboard said:
How does the labour plan to implement brexit differ from the tory plan to implement brexit?
Inquiring minds need to know.....
M.
When the Labour Party advise the U.K. electorate regarding its policies I expect the World will know within minutes of announcements. All we know atm is SKS telling us that he will be seeking closer ties with the EU Inquiring minds need to know.....
M.
Riff Raff said:
Recent paper from the Resolution Foundation talks a bit about this. It touches on the big uplift in services exports.
"Britain’s post-Brexit trade patterns are finally emerging in the data".
https://www.resolutionfoundation.org/comment/brita...
I thought it was an interesting read. Especially the bit about both the UK and the USA reporting a trade surplus with each other in services!
Even more interesting is that the goods trade reduction is equal between the EU and the RoW. If somebody can explain how Brexit has affected goods trade with the RoW I am all ears... if imports and exports are both down without a corresponding reduction in manufacturing that would suggest that more firms are buying and selling in the UK. "Britain’s post-Brexit trade patterns are finally emerging in the data".
https://www.resolutionfoundation.org/comment/brita...
I thought it was an interesting read. Especially the bit about both the UK and the USA reporting a trade surplus with each other in services!
Vanden Saab said:
Even more interesting is that the goods trade reduction is equal between the EU and the RoW. If somebody can explain how Brexit has affected goods trade with the RoW I am all ears... if imports and exports are both down without a corresponding reduction in manufacturing that would suggest that more firms are buying and selling in the UK.
Because the viability of business is worse due to friction.There aren't many businesses that only trade with "eu" or "non-eu" partners exclusively. Can't all be Indian beard oil gabillionaires
M.
Mortarboard said:
Vanden Saab said:
Even more interesting is that the goods trade reduction is equal between the EU and the RoW. If somebody can explain how Brexit has affected goods trade with the RoW I am all ears... if imports and exports are both down without a corresponding reduction in manufacturing that would suggest that more firms are buying and selling in the UK.
Because the viability of business is worse due to friction.There aren't many businesses that only trade with "eu" or "non-eu" partners exclusively. Can't all be Indian beard oil gabillionaires
M.
Mortarboard said:
It confirms that brexit has been, and continues to be, bad for goods trade- both within and without the eu.
And further friction on trade is inevitable when the border and customs controls finally get put in place.
M.
China to UK ‘toot’ downAnd further friction on trade is inevitable when the border and customs controls finally get put in place.
M.
UK to EU ‘toot’ down
China to EU ‘toot’ up
…..
UK value exports to EU up
UK value exports to ROW up
UK value manufacturing exports up ROW and EU
Oh did the UK not go 4th largest exporter worldwide this morning?
Deesee said:
Mortarboard said:
It confirms that brexit has been, and continues to be, bad for goods trade- both within and without the eu.
And further friction on trade is inevitable when the border and customs controls finally get put in place.
M.
China to UK ‘toot’ downAnd further friction on trade is inevitable when the border and customs controls finally get put in place.
M.
UK to EU ‘toot’ down
China to EU ‘toot’ up
…..
UK value exports to EU up
UK value exports to ROW up
UK value manufacturing exports up ROW and EU
Oh did the UK not go 4th largest exporter worldwide this morning?
The one thing not affected directly by brexit.
M.
Vanden Saab said:
Mortarboard said:
Vanden Saab said:
Even more interesting is that the goods trade reduction is equal between the EU and the RoW. If somebody can explain how Brexit has affected goods trade with the RoW I am all ears... if imports and exports are both down without a corresponding reduction in manufacturing that would suggest that more firms are buying and selling in the UK.
Because the viability of business is worse due to friction.There aren't many businesses that only trade with "eu" or "non-eu" partners exclusively. Can't all be Indian beard oil gabillionaires
M.
Mortarboard said:
Deesee said:
Mortarboard said:
It confirms that brexit has been, and continues to be, bad for goods trade- both within and without the eu.
And further friction on trade is inevitable when the border and customs controls finally get put in place.
M.
China to UK ‘toot’ downAnd further friction on trade is inevitable when the border and customs controls finally get put in place.
M.
UK to EU ‘toot’ down
China to EU ‘toot’ up
…..
UK value exports to EU up
UK value exports to ROW up
UK value manufacturing exports up ROW and EU
Oh did the UK not go 4th largest exporter worldwide this morning?
The one thing not affected directly by brexit.
M.
Now.. today..
However UK services to ROW and EU up..
High value goods up to ROW and EU.. up (again)..
UK services to the EU up, when not in the single market… up..
Hmmm?
Loss of Chinese toot (volumes), not important.
Mortarboard said:
And your point relating all this to brexit is what, exactly?
Especially as all this revolves around services, which isn't brexit related...
M.
Your point volumes down.Especially as all this revolves around services, which isn't brexit related...
M.
My point high value goods are growing.
You can exclude services, if you wish, my point stands.
Just because something transverses 3/15 borders (within the EU) to make a ‘goods’ while during the manufacturing process does not make it any more valuable than something leaving the UK as exported.
Ask BMW.
Deesee said:
Your point volumes down.
My point high value goods are growing.
You can exclude services, if you wish, my point stands.
Just because something transverses 3/15 borders (within the EU) to make a ‘goods’ while during the manufacturing process does not make it any more valuable than something leaving the UK as exported.
Ask BMW.
Nice strawman.My point high value goods are growing.
You can exclude services, if you wish, my point stands.
Just because something transverses 3/15 borders (within the EU) to make a ‘goods’ while during the manufacturing process does not make it any more valuable than something leaving the UK as exported.
Ask BMW.
My point- huge difference in growth in goods trade vs growth in services trade, because brexit.
Refute at yer leisure
M.
Mortarboard said:
Deesee said:
Your point volumes down.
My point high value goods are growing.
You can exclude services, if you wish, my point stands.
Just because something transverses 3/15 borders (within the EU) to make a ‘goods’ while during the manufacturing process does not make it any more valuable than something leaving the UK as exported.
Ask BMW.
Nice strawman.My point high value goods are growing.
You can exclude services, if you wish, my point stands.
Just because something transverses 3/15 borders (within the EU) to make a ‘goods’ while during the manufacturing process does not make it any more valuable than something leaving the UK as exported.
Ask BMW.
My point- huge difference in growth in goods trade vs growth in services trade, because brexit.
Refute at yer leisure
M.
UK seems to be working fine..
M please explain the subsequent investment by European/ROW multinationals in UK industry and machine/manufacturing.. (you can read into that what you will, and why they have picked the UK over say geographically NL/DK NW Ger/northern FR or Ireland), or with massive EU subsidies to parachute into Slovakia, Spain, Croatia, Romania, Hungary (etc) to fudge the unemployment numbers at the cost of the German taxpayers.
Value over Volume? Quality over quantity?
Investment on an island outside of a common market (of some 27 states and 7x the population), I need this explained to me as a strawman.
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