Brexit related recession?

Author
Discussion

Tryke3

1,609 posts

93 months

Tuesday 25th April 2017
quotequote all
sidicks said:
jjlynn27 said:
You didn't answer simple question. That's ok.

I don't know how to say this differently. No, not all people who did vote for leave are 'insular bigots'. I don't think anyone was claiming that. If they did, they would be wrong. Immigration was number one concern for majority of leave voters.
'Brexit as a whole is a globalisation vote'. rofl
Certainly Brexit gives much more opportunity to negotiate trade deals with the rest of the world - surely you can't deny that?
We are about 30 years too late. Name me one country that is eager to buy our overpriced goods . Most of the world can't afford the luxury goods that we make, the people who can afford it are just right over the channel

Talking about growth things kooky pretty damn rosy in the EU

p1stonhead

25,489 posts

166 months

Tuesday 25th April 2017
quotequote all
Nestle moving 300 jobs to Poland. Apparently not about Brexit though...

http://www.bbc.co.uk/news/business-39708689

Likes Fast Cars

2,769 posts

164 months

Tuesday 25th April 2017
quotequote all
Tryke3 said:
Silly, there's no grass in Mars
It's probably in Jeremy Cor-Blimey's Labour manifesto: "...and we'll plant grass on Mars...", if we all look I'm sure we'll find that promise somewhere smile

s2art

18,937 posts

252 months

Tuesday 25th April 2017
quotequote all
Tryke3 said:
We are about 30 years too late. Name me one country that is eager to buy our overpriced goods . Most of the world can't afford the luxury goods that we make, the people who can afford it are just right over the channel

Talking about growth things kooky pretty damn rosy in the EU
You are living in the past. China, for one, buys a lot of our up market goods. They are very keen on luxury brands.

jjlynn27

7,935 posts

108 months

Tuesday 25th April 2017
quotequote all
sidicks said:
Certainly Brexit gives much more opportunity to negotiate trade deals with the rest of the world - surely you can't deny that?
What rest of the world? Even Trumpster who was hailed as brexit saviour is now saying uhm, well yea, priority for a bigger market. India? Uhm, y'know we are not happy with visas, sort that out and then we might talk of access to our services market. Might.
Sure, brexit will give more opportunity to negotiate trade deals with rest of the world. Given the circumstances, are those trade deal going to be substantialy better (more beneficial to the UK) than what we have now? I doubt it.

sidicks

25,218 posts

220 months

Tuesday 25th April 2017
quotequote all
jjlynn27 said:
What rest of the world? Even Trumpster who was hailed as brexit saviour is now saying uhm, well yea, priority for a bigger market. India? Uhm, y'know we are not happy with visas, sort that out and then we might talk of access to our services market. Might.
Sure, brexit will give more opportunity to negotiate trade deals with rest of the world.
Hence why Brexit is about Globalisation, not EU protectionism.

jjlynn27 said:
Given the circumstances, are those trade deal going to be substantialy better (more beneficial to the UK) than what we have now? I doubt it.
Given that they won't be constrained by the diverse / competing needs of 27 other countries then it certainly seems possible.

John145

2,447 posts

155 months

Tuesday 25th April 2017
quotequote all
jjlynn27 said:
sidicks said:
Certainly Brexit gives much more opportunity to negotiate trade deals with the rest of the world - surely you can't deny that?
What rest of the world? Even Trumpster who was hailed as brexit saviour is now saying uhm, well yea, priority for a bigger market. India? Uhm, y'know we are not happy with visas, sort that out and then we might talk of access to our services market. Might.
Sure, brexit will give more opportunity to negotiate trade deals with rest of the world. Given the circumstances, are those trade deal going to be substantialy better (more beneficial to the UK) than what we have now? I doubt it.
My highest priority would be Africa. A massive continent ripe for development and decades of charity have done nothing. Only education and work brings people out of poverty.

The Chinese interest and investment in Africa should be startling to the EU. They're pumping billions into the continent because they see potential where the EU only sees short term competition for their precious farmers.

With regards to your "simple" (badly written) question:

"Is competition for jobs also in people interests too, or is this benefit of competition limited to import of lamb?"

Competition for jobs is good, for obvious reasons. But, as with commerce, flooding a market is not good (eg. the Chinese steel dump).

So yes, I would be looking towards Africa, Pakistan, India, Japan. You know, those things that'll take time to develop but benefit everyone rather than get rich quick schemes that benefit a few.

John145

2,447 posts

155 months

Tuesday 25th April 2017
quotequote all
Tryke3 said:
sidicks said:
jjlynn27 said:
You didn't answer simple question. That's ok.

I don't know how to say this differently. No, not all people who did vote for leave are 'insular bigots'. I don't think anyone was claiming that. If they did, they would be wrong. Immigration was number one concern for majority of leave voters.
'Brexit as a whole is a globalisation vote'. rofl
Certainly Brexit gives much more opportunity to negotiate trade deals with the rest of the world - surely you can't deny that?
We are about 30 years too late. Name me one country that is eager to buy our overpriced goods . Most of the world can't afford the luxury goods that we make, the people who can afford it are just right over the channel

Talking about growth things kooky pretty damn rosy in the EU
Have you ever been to Cambridge? Just look at the number of Chinese tourists shopping in high end retail. Indeed some shops there have only Chinese labeling in their windows!

Do you seriously think we're going to compete with China in producing anything other than high end, technologically advanced, luxury? I'm pretty sure they've got a more capable workforce for producing billions of widgets.

PurpleMoonlight

22,362 posts

156 months

Tuesday 25th April 2017
quotequote all
sidicks said:
Hence why Brexit is about Globalisation, not EU protectionism.
Since when?

jjlynn27

7,935 posts

108 months

Tuesday 25th April 2017
quotequote all
John145 said:
My highest priority would be Africa. A massive continent ripe for development and decades of charity have done nothing. Only education and work brings people out of poverty.

The Chinese interest and investment in Africa should be startling to the EU. They're pumping billions into the continent because they see potential where the EU only sees short term competition for their precious farmers.

With regards to your "simple" (badly written) question:

"Is competition for jobs also in people interests too, or is this benefit of competition limited to import of lamb?"

Competition for jobs is good, for obvious reasons. But, as with commerce, flooding a market is not good (eg. the Chinese steel dump).

So yes, I would be looking towards Africa, Pakistan, India, Japan. You know, those things that'll take time to develop but benefit everyone rather than get rich quick schemes that benefit a few.
Your highest priority would be Africa? I'm sure that export of Jaguars to Sao Tome and Principe will skyrocket once the shackles of damned EU come off. Not to mention export of financial services to Nigeria.

We already trade with India. Read up on how the latest 'charm offensive' by May and Hammond went.


PH XKR

1,761 posts

101 months

Tuesday 25th April 2017
quotequote all
Oh look, Nestle have move 300 jobs to Poland, 300 highly skilled workers are now emigrating.

BTW, the EU funded many job relocations to developing countries at the cost of developed countries.

Jinx

11,345 posts

259 months

Tuesday 25th April 2017
quotequote all
p1stonhead said:
Nestle moving 300 jobs to Poland. Apparently not about Brexit though...

http://www.bbc.co.uk/news/business-39708689
Way to pick a company with the "moral high-ground" - pretty sure every campus in the UK will say good riddance.

jjlynn27

7,935 posts

108 months

Tuesday 25th April 2017
quotequote all
PH XKR said:
Oh look, Nestle have move 300 jobs to Poland, 300 highly skilled workers are now emigrating.

BTW, the EU funded many job relocations to developing countries at the cost of developed countries.
That's as correct as your idiocy about not being able to buy lamb in UK because of EU.

p1stonhead

25,489 posts

166 months

Tuesday 25th April 2017
quotequote all
Jinx said:
p1stonhead said:
Nestle moving 300 jobs to Poland. Apparently not about Brexit though...

http://www.bbc.co.uk/news/business-39708689
Way to pick a company with the "moral high-ground" - pretty sure every campus in the UK will say good riddance.
I didn't pick anything it was on the front page of the news.

It's the 'wrong' company moving job s though so it doesn't count/good riddance laugh

PH XKR

1,761 posts

101 months

Tuesday 25th April 2017
quotequote all
Jinx said:
p1stonhead said:
Nestle moving 300 jobs to Poland. Apparently not about Brexit though...

http://www.bbc.co.uk/news/business-39708689
Way to pick a company with the "moral high-ground" - pretty sure every campus in the UK will say good riddance.
Organisations I wish would get no air time:
Student Unions
SNP
JJlynn28

John145

2,447 posts

155 months

Tuesday 25th April 2017
quotequote all
jjlynn27 said:
Your highest priority would be Africa? I'm sure that export of Jaguars to Sao Tome and Principe will skyrocket once the shackles of damned EU come off. Not to mention export of financial services to Nigeria.

We already trade with India. Read up on how the latest 'charm offensive' by May and Hammond went.
I would start with food importing. Give people a real alternative. What about my other points? Yawn. Can't see past your bigotry.

///ajd

8,964 posts

205 months

Friday 28th April 2017
quotequote all
sidicks said:
I'm sure you think so, but if you think that a £150bn structural deficit is the sign of a well run economy you're even more of an idiot than I previously thought!

You clearly also fail to understand that the impact of various monetary and fiscal policies may have a minimal lag whereas the impact of other issues (e.g. A large structural deficit) might have much longer repercussions.
How much is the structural deficit you say?


sidicks

25,218 posts

220 months

Friday 28th April 2017
quotequote all
///ajd said:
How much is the structural deficit you say?
Already corrected some time ago on the other thread. But good try.

At 07:17, Sidicks:

Sidicks said:
Is this the one where you demonstrate that you don't have a clue what a structural deficit is?
I even incorrectly quoted a structural deficit of £160bn (which was actually the total deficit) rather than £60bn, but you didn't pick me up on it as you clearly don't have the faintest idea what you are talking about.
Edited by sidicks on Friday 28th April 21:03

PH XKR

1,761 posts

101 months

Saturday 29th April 2017
quotequote all
sidicks said:
///ajd said:
How much is the structural deficit you say?
Already corrected some time ago on the other thread. But good try.

At 07:17, Sidicks:

Sidicks said:
Is this the one where you demonstrate that you don't have a clue what a structural deficit is?
I even incorrectly quoted a structural deficit of £160bn (which was actually the total deficit) rather than £60bn, but you didn't pick me up on it as you clearly don't have the faintest idea what you are talking about.
Edited by sidicks on Friday 28th April 21:03
hehe

///ajd

8,964 posts

205 months

Saturday 29th April 2017
quotequote all
sidicks said:
///ajd said:
How much is the structural deficit you say?
Stuff
I think the main thing is you called other people idiots and berated their lack of insight that you - clearly brilliantly in your own opinion - have on structural deficits and cycles and lag etc.

Meanwhile you post the value of the structural deficit incorrectly by almost an order of magnitude.

This does not imply a deep and rigorous understanding of the topic; quite the opposite.