The economic consequences of Brexit

The economic consequences of Brexit

Poll: The economic consequences of Brexit

Total Members Polled: 732

Far worse off than EU countries.: 15%
A bit worse off than if we'd stayed in.: 35%
A bit better off than if we'd stayed in.: 41%
Roughly as rich as the Swiss.: 10%
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Author
Discussion

glazbagun

14,279 posts

197 months

Sunday 23rd October 2016
quotequote all
Cobnapint said:
It's all getting a bit out of hand, and we've not even triggered A50 yet. The EU will be no walk over, they're not happy, and they demonstrated it by receiving TM's EU summit speech the other day with stoney silence, and then carried on using French rather than English for the rest of the meeting.
I do wonder if there'll be any need at all to use English in the EU once we're gone. Sure, it's the most common shared language, but once we'r gone, it'll be no more difficult to learn German.

anonymous-user

54 months

Sunday 23rd October 2016
quotequote all
There is no need to use any particular language as they all have translators in their ear pieces.

It would be silly to not use English though, as its 3 x more used throughout the EU countries than any other language.

German is the next most used, so why would they use French?

It doesn't matter either way though, the world will continue to learn English as a second Language above any other.

jamoor

14,506 posts

215 months

Sunday 23rd October 2016
quotequote all
Cobnapint said:
Theresa May said there would be no running commentary, but she and many of her ministers are already blabbing to the press all sorts of hints about our position, and the press aren't helping by chucking their ten penneth too.
Ah so Theresa May is going to do whatever she wants without telling anyone to protect us from the nasty EU.

Beginning to sound like DPRK

gruffalo

7,521 posts

226 months

Sunday 23rd October 2016
quotequote all
French is the old language of the EU it changed to English when more countries stated joining and they didn't want French.

Childish behaviour and obviously pre planned which makes it very childish.

PurpleMoonlight

22,362 posts

157 months

Sunday 23rd October 2016
quotequote all
jsf said:
PurpleMoonlight said:
Don, there is a difference between the single market and trade with the EU.

The EU have said repeatedly that that single market is part of a four way package and it's all or nothing.
:
They haven't and they cant.

The four "freedoms" are required to be a member of the Single Market, not to have access, as has been repeatedly shown to you.
They have and they can.

https://www.ft.com/content/1688d0e4-15ef-11e6-b197...


“Access to the single market requires acceptance of all four freedoms,” they said in a joint statement on Wednesday with the presidents of the European Commission and the European Parliament.

Edited by PurpleMoonlight on Sunday 23 October 06:42

anonymous-user

54 months

Sunday 23rd October 2016
quotequote all
PurpleMoonlight said:
jsf said:
PurpleMoonlight said:
Don, there is a difference between the single market and trade with the EU.

The EU have said repeatedly that that single market is part of a four way package and it's all or nothing.
:
They haven't and they cant.

The four "freedoms" are required to be a member of the Single Market, not to have access, as has been repeatedly shown to you.
They have and they can.

https://www.ft.com/content/1688d0e4-15ef-11e6-b197...


“Access to the single market requires acceptance of all four freedoms,” they said in a joint statement on Wednesday with the presidents of the European Commission and the European Parliament.

Edited by PurpleMoonlight on Sunday 23 October 06:42
With respect, the facts don't back up that assertion. It doesn't matter what that piece says, there are already Trade deals that have access to the single market for goods and services without FMOL.

The what now looks defunct trade deal with Canada had access to the single market for goods and services without FMOL.

Even without a trade deal, WTO member states have access for goods to the single market without FMOL.

These are facts, you cant dispute them.

PurpleMoonlight

22,362 posts

157 months

Sunday 23rd October 2016
quotequote all
jsf said:
With respect, the facts don't back up that assertion. It doesn't matter what that piece says, there are already Trade deals that have access to the single market for goods and services without FMOL.

The what now looks defunct trade deal with Canada had access to the single market for goods and services without FMOL.

Even without a trade deal, WTO member states have access for goods to the single market without FMOL.

These are facts, you cant dispute them.
A trade deal with the EU is not access to the single market.

The two are different things with different rules.

anonymous-user

54 months

Sunday 23rd October 2016
quotequote all
PurpleMoonlight said:
A trade deal with the EU is not access to the single market.

The two are different things with different rules.
I give up.

Garvin

5,171 posts

177 months

Sunday 23rd October 2016
quotequote all
jsf said:
. . . . . . These are facts, you cant dispute them.
Umm, this is PH remember - bks matters wink

powerstroke

10,283 posts

160 months

Sunday 23rd October 2016
quotequote all
gruffalo said:
French is the old language of the EU it changed to English when more countries stated joining and they didn't want French.

Childish behaviour and obviously pre planned which makes it very childish.
It's just the sort of toy throwing you would expect now the wheels are coming off the EU..
... deck chairs on the titanic and all that..its a little bit like when one of the laborites left
a note saying ha ha there's no money left , they know the party is about over so lets lash out like a toothless tiger...
shower of socialist s shoot

PurpleMoonlight

22,362 posts

157 months

Sunday 23rd October 2016
quotequote all
Garvin said:
jsf said:
. . . . . . These are facts, you cant dispute them.
Umm, this is PH remember - bks matters wink
This may help you.

https://fullfact.org/europe/whats-difference-betwe...


And don't forget a free trade agreement only covers goods produced in the exporting country, not anything imported then exported on.

Garvin

5,171 posts

177 months

Sunday 23rd October 2016
quotequote all
PurpleMoonlight said:
Garvin said:
jsf said:
. . . . . . These are facts, you cant dispute them.
Umm, this is PH remember - bks matters wink
This may help you.

https://fullfact.org/europe/whats-difference-betwe...


And don't forget a free trade agreement only covers goods produced in the exporting country, not anything imported then exported on.
Oh dear. It was a general joke aimed at a lot of comments in this thread which is why the quote was cut down to the one sentence and the smilie included. However, you seem very sensitive to it judging by your response, so if the cap fits . . . . .

PurpleMoonlight

22,362 posts

157 months

Sunday 23rd October 2016
quotequote all
Garvin said:
Oh dear. It was a general joke aimed at a lot of comments in this thread which is why the quote was cut down to the one sentence and the smilie included. However, you seem very sensitive to it judging by your response, so if the cap fits . . . . .
What cap?

I really don't understand why so many people are so aggressive when it comes to brexit. Should anyone dare to point out a mistake or misunderstanding of someone else they get abused, insulted and shouted down.

RYH64E

7,960 posts

244 months

Sunday 23rd October 2016
quotequote all
sidicks said:
davepoth said:
Sugar's another example.

http://ec.europa.eu/agriculture/sugar/index_en.htm

Very heavily controlled, with minimum prices and quotas. The market price is above the minimum price at the moment, but has been well below it in the past.
I read somewhere that the CAP costs an average family of four £16 a week in taxes and higher food prices...
I'm no great fan of the CAP, but surely there's a choice to be made, cheap food or support for farmers. I seem to remember that in the run up to the referendum part of the 'all of the good stuff and none of the crap' campaign was a commitment to continue payments to farmers, is that commitment going to end up in the same bin as the extra £350m/week for the NHS? For the record, as far as I'm concerned farms are businesses like any other and shouldn't receive state aid.

Garvin

5,171 posts

177 months

Sunday 23rd October 2016
quotequote all
PurpleMoonlight said:
Garvin said:
Oh dear. It was a general joke aimed at a lot of comments in this thread which is why the quote was cut down to the one sentence and the smilie included. However, you seem very sensitive to it judging by your response, so if the cap fits . . . . .
What cap?

I really don't understand why so many people are so aggressive when it comes to brexit. Should anyone dare to point out a mistake or misunderstanding of someone else they get abused, insulted and shouted down.
OK, you like to point things out as fact.

There appears to be different interpretations on 'access' to the single market where some equate this as being a member. It is not meant that way.

The clip in your link defines the EU rules for being a member of the single market and alludes to there being absolutely no 'free trade' of any services without FMOL. Whereas that may be 'fact' for all services without restriction are there any trade agreements which include some services without FMOL?

Besides which, any current 'EU rules' can be changed if the EU sees benefits in them can they not?

Therefore, is it not possible that the UK could agree a FTA with the EU that contained some services? Indeed, what if some financial contribution was included in a trade agreement to cover services? Are these all beyond the realms of possibility?

Are all your assertions water tight?

powerstroke

10,283 posts

160 months

Sunday 23rd October 2016
quotequote all
PurpleMoonlight said:
Garvin said:
Oh dear. It was a general joke aimed at a lot of comments in this thread which is why the quote was cut down to the one sentence and the smilie included. However, you seem very sensitive to it judging by your response, so if the cap fits . . . . .
What cap?

I really don't understand why so many people are so aggressive when it comes to brexit. Should anyone dare to point out a mistake or misunderstanding of someone else they get abused, insulted and shouted down.
Yes it is a bit nasty, I see remainers like a child that's had a security blanket or nappies taken away !its hard but you have to grow up in the end .. think about it things will improve ....embrace the opportunitys that brexit brings .....

///ajd

8,964 posts

206 months

Sunday 23rd October 2016
quotequote all
Cobnapint said:
Warnings in the press this morning about loads of banks thinking of packing up and leaving the UK after hearing positions hardening between us the EU.

To be honest, the best thing both sides can do is just SHUT UP until negotiations are concluded.

Theresa May said there would be no running commentary, but she and many of her ministers are already blabbing to the press all sorts of hints about our position, and the press aren't helping by chucking their ten penneth too.

And then you've got the Lib Dems and Co demanding more information 24/7 and that Parliament should have a vote on the deal.

It's all getting a bit out of hand, and we've not even triggered A50 yet. The EU will be no walk over, they're not happy, and they demonstrated it by receiving TM's EU summit speech the other day with stoney silence, and then carried on using French rather than English for the rest of the meeting.
Its almost like the risks are huge and uncontainable.

Who knew? rolleyes

It is good to see a brexiteer admit it is getting out of hand - this is key for the u-turn.

mike9009

7,007 posts

243 months

Sunday 23rd October 2016
quotequote all
I thought the whole premise of the referendum was to leave the EU? Which by definition meant Brexiters were voting to

1. Remove freedom of movement
2. Leave the freedom of trade within the EU
3. Leave the EU regulations

Are some Brexiters suggesting they would like to keep the freedom of trade, that they voted against some four months ago?


Mike




PurpleMoonlight

22,362 posts

157 months

Sunday 23rd October 2016
quotequote all
Garvin said:
OK, you like to point things out as fact.

There appears to be different interpretations on 'access' to the single market where some equate this as being a member. It is not meant that way.

The clip in your link defines the EU rules for being a member of the single market and alludes to there being absolutely no 'free trade' of any services without FMOL. Whereas that may be 'fact' for all services without restriction are there any trade agreements which include some services without FMOL?

Besides which, any current 'EU rules' can be changed if the EU sees benefits in them can they not?

Therefore, is it not possible that the UK could agree a FTA with the EU that contained some services? Indeed, what if some financial contribution was included in a trade agreement to cover services? Are these all beyond the realms of possibility?

Are all your assertions water tight?
I am pointing out that a trade agreement with the EU is not the same as access to the single market. That is fact not speculation.

The EU could of course agree a unique deal with the UK which is somewhere between the two. Personally I don't see that happening.

Edited by PurpleMoonlight on Sunday 23 October 08:48

RYH64E

7,960 posts

244 months

Sunday 23rd October 2016
quotequote all
mike9009 said:
I thought the whole premise of the referendum was to leave the EU? Which by definition meant Brexiters were voting to

1. Remove freedom of movement
2. Leave the freedom of trade within the EU
3. Leave the EU regulations

Are some Brexiters suggesting they would like to keep the freedom of trade, that they voted against some four months ago?


Mike
Whose definition is that? Before the referendum there was much talk of a Swiss model or a Norway model, now suddenly Brexit means no free movement and no single market? I missed that tick box on the voting slip.

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