What about the many who no doubt wanted to Leave, but were scared by the impending armageddon forecast?
.......................................
What like the markets taking a hammering?
Stock in various banks down 20-30%
Sterling taking a hammering.
Project fear has become project reality, but we don't like listening to experts.
comment by GunaDave (U7710)
posted less than a minute ago
Admin 1
Really. We do 55% of our trade with ROTW without any deals in place. 92m with the USA.
A clean break with the EU is the way forward in my opinion. All the remainers like Sturgeon and Fallon and Hunt wanting to drag out the process in some misguided belief that we will 'come to our senses', will just compound the problems.
We have voted out, we should just repeal the 1972 act that put us in.
----------------------------------------------------------------------
We might do 55% trade with ROTW but we are running a deficit. That would increase dramatically without EU trade deal. To the extent our AA rating would likely become A at best.
comment by Admin1 (U1)
posted less than a minute ago
comment by GunaDave (U7710)
posted less than a minute ago
Admin 1
Really. We do 55% of our trade with ROTW without any deals in place. 92m with the USA.
A clean break with the EU is the way forward in my opinion. All the remainers like Sturgeon and Fallon and Hunt wanting to drag out the process in some misguided belief that we will 'come to our senses', will just compound the problems.
We have voted out, we should just repeal the 1972 act that put us in.
----------------------------------------------------------------------
We might do 55% trade with ROTW but we are running a deficit. That would increase dramatically without EU trade deal. To the extent our AA rating would likely become A at best.
----------------------------------------------------------------------
But will unrestricted trade not give us a chance of reducing that deficit? I'm not saying we can do it overnight, but long term.....
comment by Yes way Jose (U5768)
posted less than a minute ago
What about the many who no doubt wanted to Leave, but were scared by the impending armageddon forecast?
.......................................
What like the markets taking a hammering?
Stock in various banks down 20-30%
Sterling taking a hammering.
Project fear has become project reality, but we don't like listening to experts.
----------------------------------------------------------------------
This was always gonna happen though, there were people who can see the reasons for voting leave long term but didn't want their house prices or value of assets to go down short term (understandable) so voted stay, that's out of personal interest not what's best for the country.
comment by GunaDave (U7710)
posted 0 seconds ago
Admin 1
Really. We do 55% of our trade with ROTW without any deals in place. 92m with the USA.
A clean break with the EU is the way forward in my opinion. All the remainers like Sturgeon and Fallon and Hunt wanting to drag out the process in some misguided belief that we will 'come to our senses', will just compound the problems.
We have voted out, we should just repeal the 1972 act that put us in.
----------------------------------------------------------------------
The EU is currently negotiating trade agreements with the US, India, Russia, Japan and MERCOSUR.
We'll be starting our first negotiations from scratch in five or ten years' time, well after the EU has agreements in place with those states/blocs.
comment by Yes way Jose (U5768)
posted 2 minutes ago
What about the many who no doubt wanted to Leave, but were scared by the impending armageddon forecast?
.......................................
What like the markets taking a hammering?
Stock in various banks down 20-30%
Sterling taking a hammering.
Project fear has become project reality, but we don't like listening to experts.
----------------------------------------------------------------------
FFS. How many times do you have to be told that this was always going to happen? How stupid does a person have to be to think that this is now the long term norm?
comment by I want a Manè but can't grow my hair (U1863)
posted 7 minutes ago
When we joined the EU in 1973, the 28 member states that make up today's EU were 36% of the worlds economy.
In 2015 that figure was 17% and falling.
----------
Of course this is only relevant if the size of the worldwide economy is the same now as it was forty years ago. Which it isn't.
What was the dollar / pound worth of 36% forty years ago compared to 17% now (accounting for inflation)
I said before
We have a trade deficit of €51bn with Germany
That is a third of their entire EU trade surplus.
Germany also happen to be the biggest net contributor to the EU and wield great influence.
Does Germany:
A) Push for a low (at or below the avarage 1.5% in current non EU goods) or zero tariff EU deal with Britain which suits both parties, and them in particular? As said by the equivalent of their CBI, which ridiculed the tariff idea
Or
B) Accept a punitive trade deal which hurts them more than any other EU member?
What do we think?
comment by I want a Manè but can't grow my hair (U1863)
posted less than a minute ago
comment by Yes way Jose (U5768)
posted 2 minutes ago
What about the many who no doubt wanted to Leave, but were scared by the impending armageddon forecast?
.......................................
What like the markets taking a hammering?
Stock in various banks down 20-30%
Sterling taking a hammering.
Project fear has become project reality, but we don't like listening to experts.
----------------------------------------------------------------------
FFS. How many times do you have to be told that this was always going to happen? How stupid does a person have to be to think that this is now the long term norm?
----------------------------------------------------------------------
FFS don't you think this is actually costing us?!
This is all before we actually do Brexit as well, this is just the markets reacting to the shocking decision that we will exit the EU, the pain is a long way from over.
comment by I want a Manè but can't grow my hair (U1863)
posted 1 minute ago
10 years ago the EU accounted for 55% of uk's exports. Last year it was 45%.
Surely, the EU's influence on our trade should be increasing?
--------------
This is assuming UK's output has remained constant over the ten years, in reality GDP has increased over the ten years.
comment by Yes way Jose (U5768)
posted 4 minutes ago
What about the many who no doubt wanted to Leave, but were scared by the impending armageddon forecast?
.......................................
What like the markets taking a hammering?
Stock in various banks down 20-30%
Sterling taking a hammering.
Project fear has become project reality, but we don't like listening to experts.
----------------------------------------------------------------------
What happened when we "left" the ERM, in the short term?
Would you say long term it was a good or bad thing?
FFS. How many times do you have to be told that this was always going to happen?
--------------
It was called project fear by the leave side when Cameron said it was going to happen.
another lie from the leave side if "it was always going to happen"
comment by Admin1 (U1)
posted 1 hour, 25 minutes ago
comment by ManUtdDaredevil (U9612)
posted 3 minutes ago
VC the problem is guaranteeing the quality of goods received.
In my industry, I can procure Pressure Equipment from and EU member state and I know that what I will receive with be compliant with the Pressure Equipment Directive, which saves costs and provides me with a significant market and choices.
The UK cannot force this on anyone but equipment of this nature has to be compliant for me to use.
I lose that freedom and immediately my choices are reduced and my costs and risks are significantly increased.
This is the problem a lot of corporations have considered and were raised but people did not pay attention and called it fear mongering.
----------------------------------------------------------------------
So what you are telling me is if the UK decided to develop their own "super special sovereign" Pressure Equipment Directive and ditch the EU one, the EU might not allow it the product to be sold to European Industrial plants? So in order to sell such equipment into the EU we would be forced to accept that directive?
----------------------------------------------------------------------
Simples
comment by Yes way Jose (U5768)
posted 1 minute ago
comment by I want a Manè but can't grow my hair (U1863)
posted less than a minute ago
comment by Yes way Jose (U5768)
posted 2 minutes ago
What about the many who no doubt wanted to Leave, but were scared by the impending armageddon forecast?
.......................................
What like the markets taking a hammering?
Stock in various banks down 20-30%
Sterling taking a hammering.
Project fear has become project reality, but we don't like listening to experts.
----------------------------------------------------------------------
FFS. How many times do you have to be told that this was always going to happen? How stupid does a person have to be to think that this is now the long term norm?
----------------------------------------------------------------------
FFS don't you think this is actually costing us?!
This is all before we actually do Brexit as well, this is just the markets reacting to the shocking decision that we will exit the EU, the pain is a long way from over.
----------------------------------------------------------------------
The cost of a ratings drop from AAA to AA on interest payments alone based on current deficit will equate to between £170m and £690m for that year alone.
So what you are telling me is if the UK decided to develop their own "super special sovereign" Pressure Equipment Directive and ditch the EU one, the EU might not allow it the product to be sold to European Industrial plants? So in order to sell such equipment into the EU we would be forced to accept that directive?
----------
As long as it met or exceeded the EU standards there would be no problem in selling it.
Also whoever said that the working time directive should never have been implemented is misguided.
It has actually increased working standards, and increased employment.
Without standards in the workplace we will quickly be involved in a race to the bottom with documentaries made about the sweat-shops of Britain.
But will unrestricted trade not give us a chance of reducing that deficit? I'm not saying we can do it overnight, but long term.....
================
What would we be trading? Can you give us a few examples?
comment by rossobianchi - carry me back to the Stretford End (U17054)
posted 22 minutes ago
comment by The Kaiser's Trainers (U5676)
posted 28 minutes ago
in hindsight I think the media did a very poor job (over decades) in making people aware of what was going on in the EU, how it works, and who our key people involved were
you'd think at least our top person in Europe would be widely known and instantly recognisable. They still aren't even after this.
----------------------------------------------------------------------
It's not the media's job. Their job is to make a profit for their owners and shareholders. Nothing more.
It's the job of the educational system and the people.
----------------------------------------------------------------------
The beeb?
comment by 8bit (U2653)
There were people who can see the reasons for voting leave long term but didn't want their house prices or value of assets to go down short term (understandable) so voted stay, that's out of personal interest not what's best for the country.
----------------------------------------------------------------------
Didn't a lot of people vote leave out of short term personal interest and not in the interest of the country?
There have been plenty of EU funded projects all around the UK and there are plenty more which will now not be undertaken due to voting leave.
The UK government are committed to HS2 and will still plow in £ billions rather than fund these projects which would be more beneficial to UK in general.
https://www.theguardian.com/society/2016/may/31/what-has-the-eu-ever-done-for-my-town
As long as it met or exceeded the EU standards there would be no problem in selling it.
-----------------------------------------
Which is where many British Standards currently are. However we are still forced to meet the EU standards directive if we plan to export to the EU. So this sovereignty argument, is all well and good but we still have to do what we are told.
This is all before we actually do Brexit as well, this is just the markets reacting to the shocking decision that we will exit the EU, the pain is a long way from over
-------------
Absolutely, take a company like Easyjet.. from Thursday to today nothing has changed operationally yet the company lost a fifth of its value.. Why?
Well, with the freedom of movement across europe in doubt, there may not be the amount of passengers it has forecast to carry in the future.. Why is this a problem?
It's a problem because aircraft orders are made for deliveries over a period of 5-7 years. Easyjet would have committed to orders in years past that may lead to planes sitting empty.
In the same fashion no company that operates across the EU for the mass market is going to make investment decisions costing 10's or 100's of millions until the odds are known about the Brexit in two years time.
That's 2 years of uncertainty.
comment by Admin1 (U1)
posted less than a minute ago
As long as it met or exceeded the EU standards there would be no problem in selling it.
-----------------------------------------
Which is where many British Standards currently are. However we are still forced to meet the EU standards directive if we plan to export to the EU. So this sovereignty argument, is all well and good but we still have to do what we are told.
----------------------------------------------------------------------
This is something a lot of folk struggle to grasp.
We have essentially weakened our position in the EU and by extension the world.
I keep hearing about trade deals with other nations. We are a service driven economy and "sell services" for the most part.
Considering we outsource a lot of these services to China and India already
What exactly are we going to be trading with?
comment by ManUtdDaredevil (U9612)
posted 1 minute ago
comment by Admin1 (U1)
posted less than a minute ago
As long as it met or exceeded the EU standards there would be no problem in selling it.
-----------------------------------------
Which is where many British Standards currently are. However we are still forced to meet the EU standards directive if we plan to export to the EU. So this sovereignty argument, is all well and good but we still have to do what we are told.
----------------------------------------------------------------------
This is something a lot of folk struggle to grasp.
We have essentially weakened our position in the EU and by extension the world.
I keep hearing about trade deals with other nations. We are a service driven economy and "sell services" for the most part.
Considering we outsource a lot of these services to China and India already
What exactly are we going to be trading with?
----------------------------------------------------------------------
Yes, though the remainers seem to be struggling with the concept that once they are a part of UK law EU regulations affect 100% of our trade, whether it is with the EU or not.
To trade with the EU we will presumably still have to have our products/service match the quality demands of the EU (as does the US/China/India), but that is different to saying we need to have it as part of our law.
Now, there are countries in the EU that can make items significantly cheaper than the UK because their labour costs are minimal compared to us.
Now, why will China buy for the sake of argument a valve from us at £3,000 when it can buy the same valve from a Polish firm for £1,000?
These guys want out of the EU so they do not have to comply with a lot of regulations which have stopped them from shipping jobs overseas and stifling workers rights.
It is a shame a lot of folk have not cottoned onto it.
No one is talking about the agricultural sector that will be decimated as a result of Brexit
comment by Don Draper's dandruff (U20155)
posted less than a minute ago
comment by ManUtdDaredevil (U9612)
posted 1 minute ago
comment by Admin1 (U1)
posted less than a minute ago
As long as it met or exceeded the EU standards there would be no problem in selling it.
-----------------------------------------
Which is where many British Standards currently are. However we are still forced to meet the EU standards directive if we plan to export to the EU. So this sovereignty argument, is all well and good but we still have to do what we are told.
----------------------------------------------------------------------
This is something a lot of folk struggle to grasp.
We have essentially weakened our position in the EU and by extension the world.
I keep hearing about trade deals with other nations. We are a service driven economy and "sell services" for the most part.
Considering we outsource a lot of these services to China and India already
What exactly are we going to be trading with?
----------------------------------------------------------------------
Yes, though the remainers seem to be struggling with the concept that once they are a part of UK law EU regulations affect 100% of our trade, whether it is with the EU or not.
To trade with the EU we will presumably still have to have our products/service match the quality demands of the EU (as does the US/China/India), but that is different to saying we need to have it as part of our law.
----------------------------------------------------------------------
What is the difference? You can still meet and exceed Eu requirements.
So the EU provides a minimum requirement. I'm not sure what the problem is here to be honest.
What is the spirit behind regulations?
comment by sᴉɥƃuǝlפ (U19365)
posted 5 minutes ago
comment by 8bit (U2653)
There were people who can see the reasons for voting leave long term but didn't want their house prices or value of assets to go down short term (understandable) so voted stay, that's out of personal interest not what's best for the country.
----------------------------------------------------------------------
Didn't a lot of people vote leave out of short term personal interest and not in the interest of the country?
There have been plenty of EU funded projects all around the UK and there are plenty more which will now not be undertaken due to voting leave.
The UK government are committed to HS2 and will still plow in £ billions rather than fund these projects which would be more beneficial to UK in general.
https://www.theguardian.com/society/2016/may/31/what-has-the-eu-ever-done-for-my-town
----------------------------------------------------------------------
it's the opposite if anything with all the warnings about how much poorer people would be. Leaving is for the long term, there was always going to be short term uncertainty but fear of that shouldn't be enough to stay in a union that's failing.
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LIVE: Great Britain EU Referendum
Page 242 of 395
243 | 244 | 245 | 246 | 247
posted on 28/6/16
What about the many who no doubt wanted to Leave, but were scared by the impending armageddon forecast?
.......................................
What like the markets taking a hammering?
Stock in various banks down 20-30%
Sterling taking a hammering.
Project fear has become project reality, but we don't like listening to experts.
posted on 28/6/16
comment by GunaDave (U7710)
posted less than a minute ago
Admin 1
Really. We do 55% of our trade with ROTW without any deals in place. 92m with the USA.
A clean break with the EU is the way forward in my opinion. All the remainers like Sturgeon and Fallon and Hunt wanting to drag out the process in some misguided belief that we will 'come to our senses', will just compound the problems.
We have voted out, we should just repeal the 1972 act that put us in.
----------------------------------------------------------------------
We might do 55% trade with ROTW but we are running a deficit. That would increase dramatically without EU trade deal. To the extent our AA rating would likely become A at best.
posted on 28/6/16
comment by Admin1 (U1)
posted less than a minute ago
comment by GunaDave (U7710)
posted less than a minute ago
Admin 1
Really. We do 55% of our trade with ROTW without any deals in place. 92m with the USA.
A clean break with the EU is the way forward in my opinion. All the remainers like Sturgeon and Fallon and Hunt wanting to drag out the process in some misguided belief that we will 'come to our senses', will just compound the problems.
We have voted out, we should just repeal the 1972 act that put us in.
----------------------------------------------------------------------
We might do 55% trade with ROTW but we are running a deficit. That would increase dramatically without EU trade deal. To the extent our AA rating would likely become A at best.
----------------------------------------------------------------------
But will unrestricted trade not give us a chance of reducing that deficit? I'm not saying we can do it overnight, but long term.....
posted on 28/6/16
comment by Yes way Jose (U5768)
posted less than a minute ago
What about the many who no doubt wanted to Leave, but were scared by the impending armageddon forecast?
.......................................
What like the markets taking a hammering?
Stock in various banks down 20-30%
Sterling taking a hammering.
Project fear has become project reality, but we don't like listening to experts.
----------------------------------------------------------------------
This was always gonna happen though, there were people who can see the reasons for voting leave long term but didn't want their house prices or value of assets to go down short term (understandable) so voted stay, that's out of personal interest not what's best for the country.
posted on 28/6/16
comment by GunaDave (U7710)
posted 0 seconds ago
Admin 1
Really. We do 55% of our trade with ROTW without any deals in place. 92m with the USA.
A clean break with the EU is the way forward in my opinion. All the remainers like Sturgeon and Fallon and Hunt wanting to drag out the process in some misguided belief that we will 'come to our senses', will just compound the problems.
We have voted out, we should just repeal the 1972 act that put us in.
----------------------------------------------------------------------
The EU is currently negotiating trade agreements with the US, India, Russia, Japan and MERCOSUR.
We'll be starting our first negotiations from scratch in five or ten years' time, well after the EU has agreements in place with those states/blocs.
posted on 28/6/16
comment by Yes way Jose (U5768)
posted 2 minutes ago
What about the many who no doubt wanted to Leave, but were scared by the impending armageddon forecast?
.......................................
What like the markets taking a hammering?
Stock in various banks down 20-30%
Sterling taking a hammering.
Project fear has become project reality, but we don't like listening to experts.
----------------------------------------------------------------------
FFS. How many times do you have to be told that this was always going to happen? How stupid does a person have to be to think that this is now the long term norm?
posted on 28/6/16
comment by I want a Manè but can't grow my hair (U1863)
posted 7 minutes ago
When we joined the EU in 1973, the 28 member states that make up today's EU were 36% of the worlds economy.
In 2015 that figure was 17% and falling.
----------
Of course this is only relevant if the size of the worldwide economy is the same now as it was forty years ago. Which it isn't.
What was the dollar / pound worth of 36% forty years ago compared to 17% now (accounting for inflation)
posted on 28/6/16
I said before
We have a trade deficit of €51bn with Germany
That is a third of their entire EU trade surplus.
Germany also happen to be the biggest net contributor to the EU and wield great influence.
Does Germany:
A) Push for a low (at or below the avarage 1.5% in current non EU goods) or zero tariff EU deal with Britain which suits both parties, and them in particular? As said by the equivalent of their CBI, which ridiculed the tariff idea
Or
B) Accept a punitive trade deal which hurts them more than any other EU member?
What do we think?
posted on 28/6/16
comment by I want a Manè but can't grow my hair (U1863)
posted less than a minute ago
comment by Yes way Jose (U5768)
posted 2 minutes ago
What about the many who no doubt wanted to Leave, but were scared by the impending armageddon forecast?
.......................................
What like the markets taking a hammering?
Stock in various banks down 20-30%
Sterling taking a hammering.
Project fear has become project reality, but we don't like listening to experts.
----------------------------------------------------------------------
FFS. How many times do you have to be told that this was always going to happen? How stupid does a person have to be to think that this is now the long term norm?
----------------------------------------------------------------------
FFS don't you think this is actually costing us?!
This is all before we actually do Brexit as well, this is just the markets reacting to the shocking decision that we will exit the EU, the pain is a long way from over.
posted on 28/6/16
comment by I want a Manè but can't grow my hair (U1863)
posted 1 minute ago
10 years ago the EU accounted for 55% of uk's exports. Last year it was 45%.
Surely, the EU's influence on our trade should be increasing?
--------------
This is assuming UK's output has remained constant over the ten years, in reality GDP has increased over the ten years.
posted on 28/6/16
comment by Yes way Jose (U5768)
posted 4 minutes ago
What about the many who no doubt wanted to Leave, but were scared by the impending armageddon forecast?
.......................................
What like the markets taking a hammering?
Stock in various banks down 20-30%
Sterling taking a hammering.
Project fear has become project reality, but we don't like listening to experts.
----------------------------------------------------------------------
What happened when we "left" the ERM, in the short term?
Would you say long term it was a good or bad thing?
posted on 28/6/16
FFS. How many times do you have to be told that this was always going to happen?
--------------
It was called project fear by the leave side when Cameron said it was going to happen.
another lie from the leave side if "it was always going to happen"
posted on 28/6/16
comment by Admin1 (U1)
posted 1 hour, 25 minutes ago
comment by ManUtdDaredevil (U9612)
posted 3 minutes ago
VC the problem is guaranteeing the quality of goods received.
In my industry, I can procure Pressure Equipment from and EU member state and I know that what I will receive with be compliant with the Pressure Equipment Directive, which saves costs and provides me with a significant market and choices.
The UK cannot force this on anyone but equipment of this nature has to be compliant for me to use.
I lose that freedom and immediately my choices are reduced and my costs and risks are significantly increased.
This is the problem a lot of corporations have considered and were raised but people did not pay attention and called it fear mongering.
----------------------------------------------------------------------
So what you are telling me is if the UK decided to develop their own "super special sovereign" Pressure Equipment Directive and ditch the EU one, the EU might not allow it the product to be sold to European Industrial plants? So in order to sell such equipment into the EU we would be forced to accept that directive?
----------------------------------------------------------------------
Simples
posted on 28/6/16
comment by Yes way Jose (U5768)
posted 1 minute ago
comment by I want a Manè but can't grow my hair (U1863)
posted less than a minute ago
comment by Yes way Jose (U5768)
posted 2 minutes ago
What about the many who no doubt wanted to Leave, but were scared by the impending armageddon forecast?
.......................................
What like the markets taking a hammering?
Stock in various banks down 20-30%
Sterling taking a hammering.
Project fear has become project reality, but we don't like listening to experts.
----------------------------------------------------------------------
FFS. How many times do you have to be told that this was always going to happen? How stupid does a person have to be to think that this is now the long term norm?
----------------------------------------------------------------------
FFS don't you think this is actually costing us?!
This is all before we actually do Brexit as well, this is just the markets reacting to the shocking decision that we will exit the EU, the pain is a long way from over.
----------------------------------------------------------------------
The cost of a ratings drop from AAA to AA on interest payments alone based on current deficit will equate to between £170m and £690m for that year alone.
posted on 28/6/16
So what you are telling me is if the UK decided to develop their own "super special sovereign" Pressure Equipment Directive and ditch the EU one, the EU might not allow it the product to be sold to European Industrial plants? So in order to sell such equipment into the EU we would be forced to accept that directive?
----------
As long as it met or exceeded the EU standards there would be no problem in selling it.
Also whoever said that the working time directive should never have been implemented is misguided.
It has actually increased working standards, and increased employment.
Without standards in the workplace we will quickly be involved in a race to the bottom with documentaries made about the sweat-shops of Britain.
posted on 28/6/16
But will unrestricted trade not give us a chance of reducing that deficit? I'm not saying we can do it overnight, but long term.....
================
What would we be trading? Can you give us a few examples?
posted on 28/6/16
comment by rossobianchi - carry me back to the Stretford End (U17054)
posted 22 minutes ago
comment by The Kaiser's Trainers (U5676)
posted 28 minutes ago
in hindsight I think the media did a very poor job (over decades) in making people aware of what was going on in the EU, how it works, and who our key people involved were
you'd think at least our top person in Europe would be widely known and instantly recognisable. They still aren't even after this.
----------------------------------------------------------------------
It's not the media's job. Their job is to make a profit for their owners and shareholders. Nothing more.
It's the job of the educational system and the people.
----------------------------------------------------------------------
The beeb?
posted on 28/6/16
comment by 8bit (U2653)
There were people who can see the reasons for voting leave long term but didn't want their house prices or value of assets to go down short term (understandable) so voted stay, that's out of personal interest not what's best for the country.
----------------------------------------------------------------------
Didn't a lot of people vote leave out of short term personal interest and not in the interest of the country?
There have been plenty of EU funded projects all around the UK and there are plenty more which will now not be undertaken due to voting leave.
The UK government are committed to HS2 and will still plow in £ billions rather than fund these projects which would be more beneficial to UK in general.
https://www.theguardian.com/society/2016/may/31/what-has-the-eu-ever-done-for-my-town
posted on 28/6/16
As long as it met or exceeded the EU standards there would be no problem in selling it.
-----------------------------------------
Which is where many British Standards currently are. However we are still forced to meet the EU standards directive if we plan to export to the EU. So this sovereignty argument, is all well and good but we still have to do what we are told.
posted on 28/6/16
This is all before we actually do Brexit as well, this is just the markets reacting to the shocking decision that we will exit the EU, the pain is a long way from over
-------------
Absolutely, take a company like Easyjet.. from Thursday to today nothing has changed operationally yet the company lost a fifth of its value.. Why?
Well, with the freedom of movement across europe in doubt, there may not be the amount of passengers it has forecast to carry in the future.. Why is this a problem?
It's a problem because aircraft orders are made for deliveries over a period of 5-7 years. Easyjet would have committed to orders in years past that may lead to planes sitting empty.
In the same fashion no company that operates across the EU for the mass market is going to make investment decisions costing 10's or 100's of millions until the odds are known about the Brexit in two years time.
That's 2 years of uncertainty.
posted on 28/6/16
comment by Admin1 (U1)
posted less than a minute ago
As long as it met or exceeded the EU standards there would be no problem in selling it.
-----------------------------------------
Which is where many British Standards currently are. However we are still forced to meet the EU standards directive if we plan to export to the EU. So this sovereignty argument, is all well and good but we still have to do what we are told.
----------------------------------------------------------------------
This is something a lot of folk struggle to grasp.
We have essentially weakened our position in the EU and by extension the world.
I keep hearing about trade deals with other nations. We are a service driven economy and "sell services" for the most part.
Considering we outsource a lot of these services to China and India already
What exactly are we going to be trading with?
posted on 28/6/16
comment by ManUtdDaredevil (U9612)
posted 1 minute ago
comment by Admin1 (U1)
posted less than a minute ago
As long as it met or exceeded the EU standards there would be no problem in selling it.
-----------------------------------------
Which is where many British Standards currently are. However we are still forced to meet the EU standards directive if we plan to export to the EU. So this sovereignty argument, is all well and good but we still have to do what we are told.
----------------------------------------------------------------------
This is something a lot of folk struggle to grasp.
We have essentially weakened our position in the EU and by extension the world.
I keep hearing about trade deals with other nations. We are a service driven economy and "sell services" for the most part.
Considering we outsource a lot of these services to China and India already
What exactly are we going to be trading with?
----------------------------------------------------------------------
Yes, though the remainers seem to be struggling with the concept that once they are a part of UK law EU regulations affect 100% of our trade, whether it is with the EU or not.
To trade with the EU we will presumably still have to have our products/service match the quality demands of the EU (as does the US/China/India), but that is different to saying we need to have it as part of our law.
posted on 28/6/16
Now, there are countries in the EU that can make items significantly cheaper than the UK because their labour costs are minimal compared to us.
Now, why will China buy for the sake of argument a valve from us at £3,000 when it can buy the same valve from a Polish firm for £1,000?
These guys want out of the EU so they do not have to comply with a lot of regulations which have stopped them from shipping jobs overseas and stifling workers rights.
It is a shame a lot of folk have not cottoned onto it.
No one is talking about the agricultural sector that will be decimated as a result of Brexit
posted on 28/6/16
comment by Don Draper's dandruff (U20155)
posted less than a minute ago
comment by ManUtdDaredevil (U9612)
posted 1 minute ago
comment by Admin1 (U1)
posted less than a minute ago
As long as it met or exceeded the EU standards there would be no problem in selling it.
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Which is where many British Standards currently are. However we are still forced to meet the EU standards directive if we plan to export to the EU. So this sovereignty argument, is all well and good but we still have to do what we are told.
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This is something a lot of folk struggle to grasp.
We have essentially weakened our position in the EU and by extension the world.
I keep hearing about trade deals with other nations. We are a service driven economy and "sell services" for the most part.
Considering we outsource a lot of these services to China and India already
What exactly are we going to be trading with?
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Yes, though the remainers seem to be struggling with the concept that once they are a part of UK law EU regulations affect 100% of our trade, whether it is with the EU or not.
To trade with the EU we will presumably still have to have our products/service match the quality demands of the EU (as does the US/China/India), but that is different to saying we need to have it as part of our law.
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What is the difference? You can still meet and exceed Eu requirements.
So the EU provides a minimum requirement. I'm not sure what the problem is here to be honest.
What is the spirit behind regulations?
posted on 28/6/16
comment by sᴉɥƃuǝlפ (U19365)
posted 5 minutes ago
comment by 8bit (U2653)
There were people who can see the reasons for voting leave long term but didn't want their house prices or value of assets to go down short term (understandable) so voted stay, that's out of personal interest not what's best for the country.
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Didn't a lot of people vote leave out of short term personal interest and not in the interest of the country?
There have been plenty of EU funded projects all around the UK and there are plenty more which will now not be undertaken due to voting leave.
The UK government are committed to HS2 and will still plow in £ billions rather than fund these projects which would be more beneficial to UK in general.
https://www.theguardian.com/society/2016/may/31/what-has-the-eu-ever-done-for-my-town
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it's the opposite if anything with all the warnings about how much poorer people would be. Leaving is for the long term, there was always going to be short term uncertainty but fear of that shouldn't be enough to stay in a union that's failing.
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