The economic consequences of Brexit (Vol 2)

The economic consequences of Brexit (Vol 2)

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Timmy40

12,915 posts

197 months

Thursday 22nd December 2016
quotequote all
Pan Pan Pan said:
B'stard Child said:
loafer123 said:
I opened the old thread and it said "Topic Closed"

I thought, thank fk for that, and then realised they had opened a new volume.

Bugger.
Well we can enjoy the merry-go-round for another 125 pages (other page setting are available)
I think we have to agree that such topics provide some light entertainment
(If thousands and thousands of posts on a subject can be described as `light')
In the end it amounts to little more than willy waving, from both sides of the leave /remain argument.
Does anyone seriously believe they have /will change the minds of those on the opposing side to their view? Even if they do, does anyone think the thousands of posts `here' will have any effect on the outcome of the UK`s decision to leave the EU? As posted above some light entertainment perhaps, but anything else? Not really.
Quite. I was on the fence really in terms leave or remain. What is really p**sing me off is the continual sniping from organisations that clearly wanted a remain win as though they are somehow going to overturn the result by running some half arsed storey about how there won't be any Esatern European Brussel sprout pickers now, or how are we going to cope if the EU slaps a ban on Italy exporting fking foccacia flour to the UK. Plus middle class mothers in London needing access to the EU for cheap nannies, so how is that going to work post Brexit, they'll have to sue the Government to stop Brexit as clearly cheap Eastern European nannies are a fundamental human right.

I wish they would shut up, so the powers that be can just get on with it. Instead of bringing self serving law suits that only serve to delay/worsen andy damage caused by the uncertainty.

Pan Pan Pan

9,777 posts

110 months

Thursday 22nd December 2016
quotequote all
walm said:
Pan Pan Pan said:
And yet the 24 billion pound UK/EU trade deficit in just the first 3 months of 2016 alone, dwarf any benefits the UK has derived from being in the EU.
If this is added to the almost 40 years that the UK has run a billions of pounds a year trade deficit with the EU, the benefits for the UK as a whole of being in the EU are somewhat in deeply negative territory.
Still as long as `some' business have made a little by being in the EU, it really doesn't matter about the UK as a whole, does it?
Your grasp of basic economics is embarrassingly bad, even for this part of PH.
Ok so please show that the UK did not have a 24 billion pound trade deficit with the EU in just the first three months of 2106 alone.
You do know what a trade deficit is don't you?
P.s you do know what willy waving is don't you, and how important it is in the matter of the UK having voted to leave the EU?

walm

10,609 posts

201 months

Thursday 22nd December 2016
quotequote all
Pan Pan Pan said:
walm said:
Pan Pan Pan said:
And yet the 24 billion pound UK/EU trade deficit in just the first 3 months of 2016 alone, dwarf any benefits the UK has derived from being in the EU.
If this is added to the almost 40 years that the UK has run a billions of pounds a year trade deficit with the EU, the benefits for the UK as a whole of being in the EU are somewhat in deeply negative territory.
Still as long as `some' business have made a little by being in the EU, it really doesn't matter about the UK as a whole, does it?
Your grasp of basic economics is embarrassingly bad, even for this part of PH.
Ok so please show that the UK did not have a 24 billion pound trade deficit with the EU in just the first three months of 2106 alone.
You do know what a trade deficit is don't you?
P.s you do know what willy waving is don't you, and how important it is in the matter of the UK having voted to leave the EU?
I am not denying the existence of a trade deficit.
Your insistence that having one with a particular region is inherently bad is what everyone is laughing at.
Feel free to keep your pants on though.

Pan Pan Pan

9,777 posts

110 months

Thursday 22nd December 2016
quotequote all
walm said:
Pan Pan Pan said:
walm said:
Pan Pan Pan said:
And yet the 24 billion pound UK/EU trade deficit in just the first 3 months of 2016 alone, dwarf any benefits the UK has derived from being in the EU.
If this is added to the almost 40 years that the UK has run a billions of pounds a year trade deficit with the EU, the benefits for the UK as a whole of being in the EU are somewhat in deeply negative territory.
Still as long as `some' business have made a little by being in the EU, it really doesn't matter about the UK as a whole, does it?
Your grasp of basic economics is embarrassingly bad, even for this part of PH.
Ok so please show that the UK did not have a 24 billion pound trade deficit with the EU in just the first three months of 2106 alone.
You do know what a trade deficit is don't you?
P.s you do know what willy waving is don't you, and how important it is in the matter of the UK having voted to leave the EU?
I am not denying the existence of a trade deficit.
Your insistence that having one with a particular region is inherently bad is what everyone is laughing at.
Feel free to keep your pants on though.
How do you know every one is laughing, do you have a direct line to all your remoaner chums, or is this just another remoaner lie?
We can keep this willy waving going for as long as you like, and all it will do is provide some light entertainment, Or do you seriously believe that the authorities are hanging on every word printed here, to give them a clue as to how to proceed with leaving the EU?
I hear they do some very effective plastic bed, sheets like the ones used in hospitals for ardent remoaners.

don4l

10,058 posts

175 months

Thursday 22nd December 2016
quotequote all
Deptford Draylons said:
///ajd said:
You mean like the hysteria over a poll of 88% of economists who said brexit would be bad for GDP - the hysteria being how it is all a conspiracy, all experts are idiots (except Don4l). Everything will be fine, no need to negotiate, the EU single market is a trivial irrelevance we can ignore and the harmonisation of regulation is an evil plot to create an EU superstate.

I predict a continuation of insane post truth babble, sadly.

Interesting to see the calls for every part of our economy to be protected from the possible negative effects of brexit - I read that as every aspect of SM access preserved. Saw some farmers talking about how they had to be protected. Everyone will want protecting, won't they.
How did this 88% fair in their predictions for the period after the referendum ?
They were 100% wrong.

B'stard Child

28,321 posts

245 months

Thursday 22nd December 2016
quotequote all
Pan Pan Pan said:
I hear they do some very effective plastic bed, sheets like the ones used in hospitals for ardent remoaners.
The irony is as a "Voted Leave" person I bloody well need one of them now.......














Bloody cat pissed on the bed last night - went through duvet, bottom sheet and right into the mattress - clearly she had been corking it for a while and I was less than amused by the situation at 1am changing the bed linen and ending up in the spare room!!!!

I do love the little witch but sometimes she gets a bit scared by the big wide world and doesn't want to leave the house.......

TSCfree

1,681 posts

230 months

Thursday 22nd December 2016
quotequote all
Found an amusing piece of satire on Brexit whist out shopping today. Gave me a chuckle and weirdly made me think of this thread....Merry Christmas!

sidicks

25,218 posts

220 months

Thursday 22nd December 2016
quotequote all
TSCfree said:
Found an amusing piece of satire on Brexit whist out shopping today. Gave me a chuckle and weirdly made me think of this thread....Merry Christmas!
Bought this today for my Dad!

Was thinking about coordinating a collection and buying a copy for ///adj !

don4l

10,058 posts

175 months

Thursday 22nd December 2016
quotequote all
B'stard Child said:
The irony is as a "Voted Leave" person I bloody well need one of them now.......














Bloody cat pissed on the bed last night - went through duvet, bottom sheet and right into the mattress - clearly she had been corking it for a while and I was less than amused by the situation at 1am changing the bed linen and ending up in the spare room!!!!

I do love the little witch but sometimes she gets a bit scared by the big wide world and doesn't want to leave the house.......
Your cat is clearly a Remewner.

walm

10,609 posts

201 months

Thursday 22nd December 2016
quotequote all
I am not even joking that my mother bought me that for Christmas.
She voted Brexit because she was worried about all the muslims in Turkey.
I wasn't sure they were an immediate threat to her way of life in deepest rural Hampshire but apparently they have been keeping her awake at night.

walm

10,609 posts

201 months

Thursday 22nd December 2016
quotequote all
don4l said:
Your cat is clearly a Remewner.
Good work!

anonymous-user

53 months

Thursday 22nd December 2016
quotequote all
sidicks said:
///ajd said:
You mean like the hysteria over a poll of 88% of economists who said brexit would be bad for GDP - the hysteria being how it is all a conspiracy, all experts are idiots (except Don4l). Everything will be fine, no need to negotiate, the EU single market is a trivial irrelevance we can ignore and the harmonisation of regulation is an evil plot to create an EU superstate.

I predict a continuation of insane post truth babble, sadly.

Interesting to see the calls for every part of our economy to be protected from the possible negative effects of brexit - I read that as every aspect of SM access preserved. Saw some farmers talking about how they had to be protected. Everyone will want protecting, won't they.
You mean the self-selected group of economists who were cherry-picked by the newspaper?
A 17% response rate says an awful lot about the credibility of the survey.

Further, the 88% only refers to the short-term impact of Brexit - I think even the most ardent Brexiters would expect short-term disruption.

Of course the key point to note is that the survey question was based on the UK leaving the EU and the single market.

Something you are now adamant won't happen, I believe?!

Edited by sidicks on Thursday 22 December 15:06
Except they weren't "cherry-picked by the newspaper", nor was it about the "short-term impact of Brexit".

Do you know anything about the survey - other than you don't like it because the results don't support your view?

///ajd

8,964 posts

205 months

Thursday 22nd December 2016
quotequote all
walm said:
Pan Pan Pan said:
And yet the 24 billion pound UK/EU trade deficit in just the first 3 months of 2016 alone, dwarf any benefits the UK has derived from being in the EU.
If this is added to the almost 40 years that the UK has run a billions of pounds a year trade deficit with the EU, the benefits for the UK as a whole of being in the EU are somewhat in deeply negative territory.
Still as long as `some' business have made a little by being in the EU, it really doesn't matter about the UK as a whole, does it?
Your grasp of basic economics is embarrassingly bad, even for this part of PH.
This is clearly a large part of the issue.

PS I expect remainer and brexiteer alike are laughing at your deficit argument.

Edited by ///ajd on Thursday 22 December 18:10

Mrr T

12,152 posts

264 months

Thursday 22nd December 2016
quotequote all
Timmy40 said:
As for Farmers wanting 'protecting'. Most farmers voted for Brexit. The NFU backed Remain.

After the result the NFU have carried on with it's viewpoint in much the way the BBC have .i.e. ignore the fact that most of their own members/viewers disagree with them but carry on regardless because even though they were on the losing side they still think there view is the one that should have won.

So yes you have the NFU quoting farmers saying how terrible it all is, except of course they're only quoting the minority of the farmers who actually think it's all terrible.
I cannot see any data to support your contention. Can you confirm where the data comes from?

It interesting because one thing we do know is any hard brexit would devastate the UK food export industry.


///ajd

8,964 posts

205 months

Thursday 22nd December 2016
quotequote all
Mrr T said:
I cannot see any data to support your contention. Can you confirm where the data comes from?

It interesting because one thing we do know is any hard brexit would devastate the UK food export industry.
Hard brexit would devastate Bridlington and its booming shellfish industry too.

And yet we are confidently told that is what they "all" voted for.

I'm not so sure a hard brexit that would cripple their seafood exports is what they were promised by Farage as he sailed up the Thames. No wonder he did a runner.







don4l

10,058 posts

175 months

Thursday 22nd December 2016
quotequote all
Mrr T said:
It interesting because one thing we do know is any hard brexit would devastate the UK food export industry.
Do we have a large trade surplus in food?


Jockman

17,912 posts

159 months

Thursday 22nd December 2016
quotequote all
TSCfree said:
Found an amusing piece of satire on Brexit whist out shopping today. Gave me a chuckle and weirdly made me think of this thread....Merry Christmas!
The eldest bought it for my birthday 6 weeks ago. I haven't even opened it yet. Hopefully there are lashings of ginger beer....

B'stard Child

28,321 posts

245 months

Thursday 22nd December 2016
quotequote all
walm said:
don4l said:
Your cat is clearly a Remewner.
Good work!
biglaugh

She's not my favourite cat - normally she is but this is not the weather for drying 13.5 tog Duvets or mattresses!!!

Clearly non of the remain crew feel confident enough to donate a Queen Sized mattress protector........ Ebay it is then!!! biggrin

sidicks

25,218 posts

220 months

Thursday 22nd December 2016
quotequote all
Roman Rhodes said:
Except they weren't "cherry-picked by the newspaper", nor was it about the "short-term impact of Brexit".

Do you know anything about the survey - other than you don't like it because the results don't support your view?
Sounds like you know very little about the Survey! The 88% figure refers to the short-term (0-5 years) impact of Brexit!
rofl

How many professional bodies are there for economists? If there are more than 2 then they've 'cherry-picked' those two.
Are there credible economists that aren't members of those two professional bodies?

Regardless, the 17% response rate suggests a very high rate of self-selection, hence with such a small sample size means the results can be taken with a large pinch of salt.

And that's before we analyse the actual question being asked!


PS - what it is with you people with no interest in cars that seek to join a car forum?!

Edited by sidicks on Thursday 22 December 18:54

///ajd

8,964 posts

205 months

Thursday 22nd December 2016
quotequote all
don4l said:
Mrr T said:
It interesting because one thing we do know is any hard brexit would devastate the UK food export industry.
Do we have a large trade surplus in food?
Let them eat (Bridlington) lobster!

Genius.

I assume there is a good reason 60%+ is exported.


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