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

RYH64E

7,960 posts

245 months

Tuesday 25th October 2016
quotequote all
mike9009 said:
Why are we bothering to negotiate? I thought we voted out of the EU and single market?

The peoples voice was rather clear on that - well 52% anyway.

Mike
EU and single market? That option wasn't on my ballot paper.

mike9009

7,016 posts

244 months

Tuesday 25th October 2016
quotequote all
jsf said:



Take the UK out of the EU and the average EU28 drops even further. Not looking pretty.
Based on those graphs I would suggest economically democracy does not work. Why did we let the 'people' have a say? smile




sidicks

25,218 posts

222 months

Tuesday 25th October 2016
quotequote all
mike9009 said:
Why are we bothering to negotiate? I thought we voted out of the EU and single market?
You previously claimed it was the 'free market' we voted out of?

To be 100% clear, we voted to leave the EU.
HTH

mike9009

7,016 posts

244 months

Tuesday 25th October 2016
quotequote all
sidicks said:
mike9009 said:
Why are we bothering to negotiate? I thought we voted out of the EU and single market?
You previously claimed it was the 'free market' we voted out of?

To be 100% clear, we voted to leave the EU.
HTH
I obviously realise we voted to leave the EU. I still don't get why we are now wanting to negotiate so vigorously on one aspect of the membership we rejected? What are the consequences of following through on the peoples wish? I thought I was told we could survive without EU membership and do great trade deals with RoW? That's what we voted for, wasn't it?

don'tbesilly

13,937 posts

164 months

Tuesday 25th October 2016
quotequote all
RYH64E said:
mike9009 said:
Why are we bothering to negotiate? I thought we voted out of the EU and single market?

The peoples voice was rather clear on that - well 52% anyway.

Mike
EU and single market? That option wasn't on my ballot paper.
It wasn't on mine either, but both Cameron and Osborne stated unequivocally prior to the referendum, that should the UK vote to leave the EU it also meant the UK would relinquish membership of the Single Market.

I'm surprised so many remain voters missed it, and now plead ignorance, whilst so many leave voters didn't miss it.

It's quite odd!

sidicks

25,218 posts

222 months

Tuesday 25th October 2016
quotequote all
mike9009 said:
I obviously realise we voted to leave the EU. I still don't get why we are now wanting to negotiate so vigorously on one aspect of the membership we rejected?
'We' didn't reject trading with the EU.

mike9009 said:
What are the consequences of following through on the peoples wish? I thought I was told we could survive without EU membership and do great trade deals with RoW? That's what we voted for, wasn't it?
'We' voted to leave the control of the EU. Beyond that there are a multitude of reasons why people chose to vote for 'Brexit. My view is that cutting all trading relationships with the EU was not on many people's list.

sidicks

25,218 posts

222 months

Tuesday 25th October 2016
quotequote all
mike9009 said:
jsf said:



Take the UK out of the EU and the average EU28 drops even further. Not looking pretty.
Based on those graphs I would suggest economically democracy does not work. Why did we let the 'people' have a say? smile
Interesting - I think most people would suggest that the obvious thing that stands out from those graphs is the poor health of the EU and the massive opportunities outside.

What caused you to come to your conclusion?

anonymous-user

55 months

Tuesday 25th October 2016
quotequote all
mike9009 said:
sidicks said:
mike9009 said:
Why are we bothering to negotiate? I thought we voted out of the EU and single market?
You previously claimed it was the 'free market' we voted out of?

To be 100% clear, we voted to leave the EU.
HTH
I obviously realise we voted to leave the EU. I still don't get why we are now wanting to negotiate so vigorously on one aspect of the membership we rejected? What are the consequences of following through on the peoples wish? I thought I was told we could survive without EU membership and do great trade deals with RoW? That's what we voted for, wasn't it?
The negotiation will encompass everything required to leave the EU, what our liabilities and assets are included. They will also encompass our terms under which we trade with the EU single market. We most likely will not retain membership of the Single Market.

We paid into the EU for over 40 years, some of the assets we paid for belong to us, Junkers wine cellar is a good start point.

anonymous-user

55 months

Tuesday 25th October 2016
quotequote all
mike9009 said:
jsf said:



Take the UK out of the EU and the average EU28 drops even further. Not looking pretty.
Based on those graphs I would suggest economically democracy does not work. Why did we let the 'people' have a say? smile
Because there is more to enjoying a good life than economics.

ou sont les biscuits

5,124 posts

196 months

Tuesday 25th October 2016
quotequote all
jsf said:
The negotiation will encompass everything required to leave the EU, what our liabilities and assets are included. They will also encompass our terms under which we trade with the EU single market. We most likely will not retain membership of the Single Market.

We paid into the EU for over 40 years, some of the assets we paid for belong to us, Junkers wine cellar is a good start point.
So the wine cellar is some sort of recompense for a fking massive reduction in GDP? Good to know.

anonymous-user

55 months

Tuesday 25th October 2016
quotequote all
ou sont les biscuits said:
jsf said:
The negotiation will encompass everything required to leave the EU, what our liabilities and assets are included. They will also encompass our terms under which we trade with the EU single market. We most likely will not retain membership of the Single Market.

We paid into the EU for over 40 years, some of the assets we paid for belong to us, Junkers wine cellar is a good start point.
So the wine cellar is some sort of recompense for a fking massive reduction in GDP? Good to know.
laugh

SELON

1,172 posts

130 months

Tuesday 25th October 2016
quotequote all
jsf said:
mike9009 said:
sidicks said:
mike9009 said:
Why are we bothering to negotiate? I thought we voted out of the EU and single market?
You previously claimed it was the 'free market' we voted out of?

To be 100% clear, we voted to leave the EU.
HTH
I obviously realise we voted to leave the EU. I still don't get why we are now wanting to negotiate so vigorously on one aspect of the membership we rejected? What are the consequences of following through on the peoples wish? I thought I was told we could survive without EU membership and do great trade deals with RoW? That's what we voted for, wasn't it?
The negotiation will encompass everything required to leave the EU, what our liabilities and assets are included. They will also encompass our terms under which we trade with the EU single market. We most likely will not retain membership of the Single Market.

We paid into the EU for over 40 years, some of the assets we paid for belong to us, Junkers wine cellar is a good start point.
Lol. I would agree with that! CD collection? Plus...who gets to keep the dog though?

mike9009

7,016 posts

244 months

Tuesday 25th October 2016
quotequote all
sidicks said:
mike9009 said:
jsf said:



Take the UK out of the EU and the average EU28 drops even further. Not looking pretty.
Based on those graphs I would suggest economically democracy does not work. Why did we let the 'people' have a say? smile
Interesting - I think most people would suggest that the obvious thing that stands out from those graphs is the poor health of the EU and the massive opportunities outside.

What caused you to come to your conclusion?
I simply looked at the percentage reduction of the EU, USA and Japan versus China growth. EU and USA reduced by a similar amount and Japan has plummeted. I think the EU had the biggest drop - and did a quick gut fell comparative analysis to find a potential cause. My second sentence was in jest....

sidicks

25,218 posts

222 months

Tuesday 25th October 2016
quotequote all
mike9009 said:
I simply looked at the percentage reduction of the EU, USA and Japan versus China growth. EU and USA reduced by a similar amount and Japan has plummeted. I think the EU had the biggest drop - and did a quick gut fell comparative analysis to find a potential cause. My second sentence was in jest....
Surely it's not a surprise that the growth rate for developed countries is lower than for developing economies?

citizensm1th

8,371 posts

138 months

Tuesday 25th October 2016
quotequote all
Oh dear the crims have said no trade deal with the uk before we leave the E.U.

well thats that little brexiteers plan out of the window

sidicks

25,218 posts

222 months

Tuesday 25th October 2016
quotequote all
citizensm1th said:
Oh dear the crims have said no trade deal with the uk before we leave the E.U.

well thats that little brexiteers plan out of the window
I'm sure you think so.

anonymous-user

55 months

Tuesday 25th October 2016
quotequote all
sidicks said:
Surely it's not a surprise that the growth rate for developed countries is lower than for developing economies?
Those are G20 countries, which on the whole are pretty major historical trading nations. They are not comparing the growth of undeveloped countries for the most part.

mike9009

7,016 posts

244 months

Tuesday 25th October 2016
quotequote all
sidicks said:
mike9009 said:
I obviously realise we voted to leave the EU. I still don't get why we are now wanting to negotiate so vigorously on one aspect of the membership we rejected?
'We' didn't reject trading with the EU.

mike9009 said:
What are the consequences of following through on the peoples wish? I thought I was told we could survive without EU membership and do great trade deals with RoW? That's what we voted for, wasn't it?
'We' voted to leave [u]the control of[/u] the EU. Beyond that there are a multitude of reasons why people chose to vote for 'Brexit. My view is that cutting all trading relationships with the EU was not on many people's list.
I don't think I said 'cutting all trading relationships', but thanks! And we voted to leave the EU, not to leave control but keep bits we like.....


I just cannot understand why we now want to negotiate so hard to remain in the singe market which we have just voted to leave? The potential pain was publicized but 52% of the voting population thought the pain was worthwhile to not be in the EU and thus the single market. Why are we now going back on the wishes of 52% by trying to negotiate this element? Why not just accept the WTO? It will obviously lead to compromise, which democratically we cannot accept.

Why don't we just leave and set-up with Korea, China and the USA? Probably easier than negotiating with the EU as Canada have just experienced.....



sidicks

25,218 posts

222 months

Tuesday 25th October 2016
quotequote all
jsf said:
Those are G20 countries, which on the whole are pretty major historical trading nations. They are not comparing the growth of undeveloped countries for the most part.
Agreed, but it's hard to argue that Argentina, India, Indonesia, Turkey, Brazil etc are at the same level of economic development than the UK, Germany, the USA etc.

citizensm1th

8,371 posts

138 months

Tuesday 25th October 2016
quotequote all
sidicks said:
citizensm1th said:
Oh dear the crims have said no trade deal with the uk before we leave the E.U.

well thats that little brexiteers plan out of the window
I'm sure you think so.
https://www.google.co.uk/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=uk+australia+trade+deal&tbm=nws



not me ,your favorite newspaper amongst many, so that one of the countries that people have been bandying about on here as one to go get a trade deal with before we exit the E.U.

seems the crims dont agree though ,oh dear
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