How do we think EU negotiations will go? (Vol 2)

How do we think EU negotiations will go? (Vol 2)

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don'tbesilly

13,937 posts

164 months

Friday 12th January 2018
quotequote all
andymadmak said:
jjlynn27 said:
You wouldn't have data to underpin that opinion? Tell you what, there is a someone here, who enjoys going through the threads, post by post counting perceived insults. I know, that that might appear sad to a normal person, but shall we get him to count all perceived insults and come up with civility coefficient?
hehe

OK, I am happy if someone does a count up. If someone cannot be arsed to do that, then I am I am equally happy for both of us to be judged by our peers on here on a purely subjective basis.

Do we need to set up a poll or something? New thread?
What like a referendum you mean? Can we then demand another one if we don't like the result?

jjlynn27

7,935 posts

110 months

Friday 12th January 2018
quotequote all
andymadmak said:
hehe

OK, I am happy if someone does a count up. If someone cannot be arsed to do that, then I am I am equally happy for both of us to be judged by our peers on here on a purely subjective basis.

Do we need to set up a poll or something? New thread?
Given that, unlike you, I don't go around and look for support to justify my view, even if that means agreeing or pretending to agree with bona-fide liars, I don't think that that would be fair.

And it would be certainly a lot less entertaining than reading about someone going through posts counting insults. You can't put a price on good entertainment like that.

smile


andymadmak

14,597 posts

271 months

Friday 12th January 2018
quotequote all
jjlynn27 said:
andymadmak said:
hehe

OK, I am happy if someone does a count up. If someone cannot be arsed to do that, then I am I am equally happy for both of us to be judged by our peers on here on a purely subjective basis.

Do we need to set up a poll or something? New thread?
Given that, unlike you, I don't go around and look for support to justify my view, even if that means agreeing or pretending to agree with bona-fide liars, I don't think that that would be fair.

And it would be certainly a lot less entertaining than reading about someone going through posts counting insults. You can't put a price on good entertainment like that.

smile
hehe

confused_buyer

6,624 posts

182 months

Friday 12th January 2018
quotequote all
jjlynn27 said:
In your opinions, does unilaterally reducing tariffs have an impact on FX?
I suppose increase in trade may effect the volumes and relationships between different currencies but I don't think there is any magic formula which says "do this with tariffs and a currency will do this....." no.

FX prices are effected by interest rates more than anything combined with economic performance, politics, trade balances and the size of the moon. No one has really worked it out which is why there is an industry of thousands of people basically taking gambles on them.

What will the £/$ rate be in 10 years time? I have absolutely no idea. Nor has anyone else.

confused_buyer

6,624 posts

182 months

Friday 12th January 2018
quotequote all
jjlynn27 said:
Import duty is paid to EU minus 25% (IIRC) to cover administrative costs. Actual administrative costs are less than 3% again this is from memory and I'll try to get the source confirmed.
It's 20% I think.

jjlynn27

7,935 posts

110 months

Friday 12th January 2018
quotequote all
confused_buyer said:
jjlynn27 said:
Import duty is paid to EU minus 25% (IIRC) to cover administrative costs. Actual administrative costs are less than 3% again this is from memory and I'll try to get the source confirmed.
It's 20% I think.
https://www.bdo.co.uk/en-gb/insights/tax/vat-and-c...

bdo said:
Currently, all customs duty collected at import into the UK is remitted to the EU. However, 25% of all duties collected is repaid to the UK for its management and administration of the tax.
Regardless, the actual cost of administering those is minuscule, and it's only going to go one way.


confused_buyer

6,624 posts

182 months

Friday 12th January 2018
quotequote all
jjlynn27 said:
confused_buyer said:
jjlynn27 said:
Import duty is paid to EU minus 25% (IIRC) to cover administrative costs. Actual administrative costs are less than 3% again this is from memory and I'll try to get the source confirmed.
It's 20% I think.
https://www.bdo.co.uk/en-gb/insights/tax/vat-and-c...
The EU say 20% http://ec.europa.eu/budget/mff/resources/index_en....

Maybe there is some sort of grossing up issue going on to explain the differing figures.


jjlynn27

7,935 posts

110 months

Friday 12th January 2018
quotequote all
confused_buyer said:
I suppose increase in trade may effect the volumes and relationships between different currencies but I don't think there is any magic formula which says "do this with tariffs and a currency will do this....." no.

FX prices are effected by interest rates more than anything combined with economic performance, politics, trade balances and the size of the moon. No one has really worked it out which is why there is an industry of thousands of people basically taking gambles on them.

What will the £/$ rate be in 10 years time? I have absolutely no idea. Nor has anyone else.
I wasn't asking about magic formula, I was more interested in your opinion if unilaterally dropping tariffs would have an effect on RER.

jjlynn27

7,935 posts

110 months

Friday 12th January 2018
quotequote all
confused_buyer said:
The EU say 20% http://ec.europa.eu/budget/mff/resources/index_en....

Maybe there is some sort of grossing up issue going on to explain the differing figures.
Interesting, thanks for that. I'd go with figures provided by EU.

anonymous-user

55 months

Friday 12th January 2018
quotequote all
jjlynn27 said:
confused_buyer said:
I suppose increase in trade may effect the volumes and relationships between different currencies but I don't think there is any magic formula which says "do this with tariffs and a currency will do this....." no.

FX prices are effected by interest rates more than anything combined with economic performance, politics, trade balances and the size of the moon. No one has really worked it out which is why there is an industry of thousands of people basically taking gambles on them.

What will the £/$ rate be in 10 years time? I have absolutely no idea. Nor has anyone else.
I wasn't asking about magic formula, I was more interested in your opinion if unilaterally dropping tariffs would have an effect on RER.
It should improve UK competitiveness and put more money in the pockets of the people who spend most of their income on essentials like food and clothing (the lower 60% of wage earners) which should drive up the £ if all other things stay the same.

Tuna

19,930 posts

285 months

Friday 12th January 2018
quotequote all
jjlynn27 said:
To start, and given it's you, we'll do baby steps; that your reply was completely irrelevant given that you assumed, wrongly, what my reply was in relation to.
Once you are able to process this, let me know, so we can continue.
I ran this through the jj translator... it came up with
:

jjlunn20007 said:
To start with I'd like to condescend you, then misdirect you away from the fact I was caught talking nonsense. Instead I'll claim I was talking about something else completely. This will come as a surprise to most of the other people involved in the conversation, but that's because I think they're liars and morons
See - I don't have to count anything to judge you biggrin

ORD

18,120 posts

128 months

Friday 12th January 2018
quotequote all
All utterly academic given that there is not much more than zero chance of it happening. Brexiteer fantasy stuff along the lines of a bells and whistles FTA with the US or China.

anonymous-user

55 months

Friday 12th January 2018
quotequote all
ORD said:
All utterly academic given that there is not much more than zero chance of it happening. Brexiteer fantasy stuff along the lines of a bells and whistles FTA with the US or China.
You set your tariff regime independently of any FTA.


jjlynn27

7,935 posts

110 months

Friday 12th January 2018
quotequote all
Tuna said:
See - I don't have to count anything to judge you biggrin
I don't particularly care about being judged by a proven liar. Given that you are judging by your own standards, I can understand why you'd think that people would lie on a car forum. You struggled with something that you didn't understand, so I helped. Just as I helped you with the poster that you claimed that you've never seen before.

smile

jjlynn27

7,935 posts

110 months

Friday 12th January 2018
quotequote all
jsf said:
jjlynn27 said:
confused_buyer said:
I suppose increase in trade may effect the volumes and relationships between different currencies but I don't think there is any magic formula which says "do this with tariffs and a currency will do this....." no.

FX prices are effected by interest rates more than anything combined with economic performance, politics, trade balances and the size of the moon. No one has really worked it out which is why there is an industry of thousands of people basically taking gambles on them.

What will the £/$ rate be in 10 years time? I have absolutely no idea. Nor has anyone else.
I wasn't asking about magic formula, I was more interested in your opinion if unilaterally dropping tariffs would have an effect on RER.
It should improve UK competitiveness and put more money in the pockets of the people who spend most of their income on essentials like food and clothing (the lower 60% of wage earners) which should drive up the £ if all other things stay the same.
I was asking for c_b's opinion. I'd be interested in sidicks' and Jockman's too.

Yours? Not so much.

No offence.

Tuna

19,930 posts

285 months

Friday 12th January 2018
quotequote all
jjlynn27 said:
Just as I helped you with the poster that you claimed that you've never seen before.
In your rush to 'help', you seem to have confused me with another member on here.

anonymous-user

55 months

Friday 12th January 2018
quotequote all
jjlynn27 said:
I was asking for c_b's opinion. I'd be interested in sidicks' and Jockman's too.

Yours? Not so much.

No offence.
laugh

jjlynn27

7,935 posts

110 months

Friday 12th January 2018
quotequote all
Tuna said:
jjlynn27 said:
Just as I helped you with the poster that you claimed that you've never seen before.
In your rush to 'help', you seem to have confused me with another member on here.
No.

Tuna

19,930 posts

285 months

Friday 12th January 2018
quotequote all
jjlynn27 said:
Tuna said:
jjlynn27 said:
Just as I helped you with the poster that you claimed that you've never seen before.
In your rush to 'help', you seem to have confused me with another member on here.
No.
Ok, I'll bite, who have I claimed I've never seen before?

Funkycoldribena

7,379 posts

155 months

Friday 12th January 2018
quotequote all
jsf said:
jjlynn27 said:
I was asking for c_b's opinion. I'd be interested in sidicks' and Jockman's too.

Yours? Not so much.

No offence.
laugh
Yes,you mere mortal,professor JJ doesn't require your reply.
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