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

IroningMan

10,154 posts

246 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.
Do you think Australia will negotiate ahead of Brexit, or are you suggesting that it was never expected that they would?

mike9009

7,005 posts

243 months

Tuesday 25th October 2016
quotequote all
sidicks said:
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?
I think that was my point. The graphs really prove nothing about the apparent 'failure' of the EU which the original poster was intimating. However, I took a slightly different view about the figures, suggesting democracy does not work, just to provide some balance!! wink You'll get used to my obtuse nature.....

sidicks

25,218 posts

221 months

Tuesday 25th October 2016
quotequote all
citizensm1th said:
https://www.google.co.uk/webhp?sourceid=chrome-ins...
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.
I don;t have a favourite newspaper.

citizensm1th said:
seems the crims dont agree though ,oh dear
While we are a member of the EU we can't officially negotiate new trade deals - is that new news?

sidicks

25,218 posts

221 months

Tuesday 25th October 2016
quotequote all
mike9009 said:
I think that was my point. The graphs really prove nothing about the apparent 'failure' of the EU which the original poster was intimating. However, I took a slightly different view about the figures, suggesting democracy does not work, just to provide some balance!! wink You'll get used to my obtuse nature.....
How does the EU figure change if you remove the UK contribution?!

mike9009

7,005 posts

243 months

Tuesday 25th October 2016
quotequote all
sidicks said:
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.
Its obvious really - democracy versus communism! Or perhaps size of population. To get real growth we should really increase immigration...... or perhaps join a union with other countries to increase the population?? wink

anonymous-user

54 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
ah, you meant the Australians, I thought you meant the EU elite.

Your bit of news, isn't news. We cant sign any trade deals with anyone until we have left the EU, its one reason why we are leaving.

citizensm1th

8,371 posts

137 months

Tuesday 25th October 2016
quotequote all
sidicks said:
citizensm1th said:
https://www.google.co.uk/webhp?sourceid=chrome-ins...
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.
I don;t have a favourite newspaper.

citizensm1th said:
seems the crims dont agree though ,oh dear
While we are a member of the EU we can't officially negotiate new trade deals - is that new news?
cant do it unofficially either and it is new news to a few on here

im just happy to be the bearer of good news

IroningMan

10,154 posts

246 months

Tuesday 25th October 2016
quotequote all
jsf 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
ah, you meant the Australians, I thought you meant the EU elite.

Your bit of news, isn't news. We cant sign any trade deals with anyone until we have left the EU, its one reason why we are leaving.
It may come as a disappointment to some that we can't even start negotiating until we've left - that suggests there may be a hiatus of a few years with us stuck on WTO rules with everyone whilst negotiations take place.

sidicks

25,218 posts

221 months

Tuesday 25th October 2016
quotequote all
citizensm1th said:
cant do it unofficially either and it is new news to a few on here
So our representatives will be under 24 hour surveillance by the EU? I think not.

citizensm1th said:
im just happy to be the bearer of good news
You're misguided.

anonymous-user

54 months

Tuesday 25th October 2016
quotequote all
IroningMan said:
It may come as a disappointment to some that we can't even start negotiating until we've left - that suggests there may be a hiatus of a few years with us stuck on WTO rules with everyone whilst negotiations take place.
You think trading nations wont talk and get things moving unofficially? laugh

mike9009

7,005 posts

243 months

Tuesday 25th October 2016
quotequote all
sidicks said:
mike9009 said:
I think that was my point. The graphs really prove nothing about the apparent 'failure' of the EU which the original poster was intimating. However, I took a slightly different view about the figures, suggesting democracy does not work, just to provide some balance!! wink You'll get used to my obtuse nature.....
How does the EU figure change if you remove the UK contribution?!
EU GDP grew from 11517 (2005) to 14635 (2015) so 27% growth.

UK GDP grew from 1750 (2005) to 2051 (2015) so 17% growth.

jamoor

14,506 posts

215 months

Tuesday 25th October 2016
quotequote all
mike9009 said:
EU GDP grew from 11517 (2005) to 14635 (2015) so 27% growth.

UK GDP grew from 1750 (2005) to 2051 (2015) so 17% growth.
Some of those countries would have been less industrialised.

Growth is easy if you are still developing.

sidicks

25,218 posts

221 months

Tuesday 25th October 2016
quotequote all
mike9009 said:
EU GDP grew from 11517 (2005) to 14635 (2015) so 27% growth.

UK GDP grew from 1750 (2005) to 2051 (2015) so 17% growth.
How about 2010 onwards?

chow pan toon

12,387 posts

237 months

Tuesday 25th October 2016
quotequote all
sidicks said:
citizensm1th said:
cant do it unofficially either and it is new news to a few on here
So our representatives will be under 24 hour surveillance by the EU? I think not.

citizensm1th said:
im just happy to be the bearer of good news
You're misguided.
I don't think it is out of the question that a quiet arrangement will be made along the lines of GB not voting against EU plans that we may normally disagree with but that will take effect after we leave in exchange for the EU ignoring us making arrangements for post EU trade deals. In fact it would seem the only moral course of action on both sides, it is not defensible for us to have an influence on policies that will not affect us. Similarly it is not within the EU's remit to delay deals that would take effect after Brexit. There is also the point that Sidicks raises of the practical impossibility of the EU preventing talks if that is how we decide to proceed.

s2art

18,937 posts

253 months

Tuesday 25th October 2016
quotequote all
IroningMan said:
It may come as a disappointment to some that we can't even start negotiating until we've left - that suggests there may be a hiatus of a few years with us stuck on WTO rules with everyone whilst negotiations take place.
Believe that and you would believe anything.

mike9009

7,005 posts

243 months

Tuesday 25th October 2016
quotequote all
sidicks said:
How about 2010 onwards?
Hi

Only got data from 2013 - 2015, sorry.

EU = 8.7% growth
UK = 10.8% growth

It will have only a slight impact on the overall figures. Interestingly over the two years mentioned the UK had its highest net migration.

sidicks

25,218 posts

221 months

Tuesday 25th October 2016
quotequote all
mike9009 said:
Hi

Only got data from 2013 - 2015, sorry.

EU = 8.7% growth
UK = 10.8% growth

It will have only a slight impact on the overall figures. Interestingly over the two years mentioned the UK had its highest net migration.
Thanks for trying!

So where did the 2005 - 2015 analysis come from?!

mike9009

7,005 posts

243 months

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

Only got data from 2013 - 2015, sorry.

EU = 8.7% growth
UK = 10.8% growth

It will have only a slight impact on the overall figures. Interestingly over the two years mentioned the UK had its highest net migration.
Thanks for trying!

So where did the 2005 - 2015 analysis come from?!
http://ec.europa.eu/eurostat/statistics-explained/index.php/File:GDP_at_current_market_prices,_2005_and_2013%E2%80%932015_YB16.png

My googling is not always too fruitful.... obviously might be better sources.....

don4l

10,058 posts

176 months

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

Only got data from 2013 - 2015, sorry.

EU = 8.7% growth
UK = 10.8% growth

It will have only a slight impact on the overall figures. Interestingly over the two years mentioned the UK had its highest net migration.
Thanks for trying!

So where did the 2005 - 2015 analysis come from?!
http://ec.europa.eu/eurostat/statistics-explained/index.php/File:GDP_at_current_market_prices,_2005_and_2013%E2%80%932015_YB16.png

My googling is not always too fruitful.... obviously might be better sources.....
Err...

That link shows that the EU stayed absolutely flat from 2013 to 2015. It also shows that the Eurozone saw a drop in GDP.

I would say that your Googling skills are fine.

your reading and comprehension skills seem to be non-existant.

Or, perhaps, like Mrr T, you think that we won't do a "total bks" check on the utter nonsense that is constantly posted by Remoaners.

According to the data that you linked (to prove your case (rofl), gdp in the Eurozone actually fell between 2013 and 2015. What on Earth possesses you to tell us that it grew by 8.7%?





mike9009

7,005 posts

243 months

Tuesday 25th October 2016
quotequote all
don4l said:
Err...

That link shows that the EU stayed absolutely flat from 2013 to 2015. It also shows that the Eurozone saw a drop in GDP.

I would say that your Googling skills are fine.

your reading and comprehension skills seem to be non-existant.

Or, perhaps, like Mrr T, you think that we won't do a "total bks" check on the utter nonsense that is constantly posted by Remoaners.

According to the data that you linked (to prove your case (rofl), gdp in the Eurozone actually fell between 2013 and 2015. What on Earth possesses you to tell us that it grew by 8.7%?
The way I read it, GDP increased in the EU from 13548 to 14635? Thus an increase in GDP?? The per capita figure dropped though, you are correct. But I did state GDP only.

???? Really questioning my comprehension skills now..... smile

Mike

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