http://atlas.media.mit.edu/en/profile/country/gbr/
this site is quite cool
----------------------------------------------------------------------
That site lists gold as an export of the UK.
Are they really calling central bank sell off of gold as an export?
Also
The top export destinations of the United Kingdom are :
United States ($51B) -
Germany ($46.5B) Netherlands ($34.2B) and France ($27B).
That is $107.5bn to the EU. It is faaaaaar and away our biggest market.
Thats not adding Switzerland who aren't in the EU, ($33.6B)
"Where do we export these to in the main? The EU"
and we still will even if we go for the hardest 'out' imaginable
we have more options to deal with the rest of the planet as well now
comment by The Kaiser's Trainers (U5676)
posted less than a minute ago
"Where do we export these to in the main? The EU"
and we still will even if we go for the hardest 'out' imaginable
we have more options to deal with the rest of the planet as well now
----------------------------------------------------------------------
I agree we have a massive market to sell to. Considering the cost of manufacturing and labour here, where do you believe those things will be made?
Let us look at Dyson for example
where does this myth that we're going to stop trading with the EU come from anyway?
even even boris crapped on Merkel's forehead we'd still trade like mad with them
No one is saying we are not going to stop trading with the EU.
What we are saying is that to be competitive, our "industries" will have to make some "concessions" and "outsource" due to the costs of doing stuff here as demonstrated already by so many industries here.
So, the question remains, who will this benefit? Who stands to gain more from an unregulated market?
Remember, we will still have to comply with EU regs to sell that stuff. You know the regs we have no say in anymore.
Now, a smart savvy British business man can move his business into let us say Poland and trade there at very competitive rates, essentially destroying his competition in the UK and have direct access to this market.
Wonder if that will happen and at the the expense of whom?
comment by The Kaiser's Trainers (U5676)
posted less than a minute ago
"Where do we export these to in the main? The EU"
and we still will even if we go for the hardest 'out' imaginable
we have more options to deal with the rest of the planet as well now
----------------------
Firstly yes, we still will export to the EU, however, any trade barriers will affect this trade. It is our single biggest market, not due to tariffs on others, but as stated earlier it is our closest market in terms of geography, with 450m people, who can afford to buy products from us.
Compare that to India, they have 1bn people there, but their wages are a fraction to what ours are. They simply cannot afford to buy from us in the same quantities. Whether they are in the commonwealth or not. (didn't really share the wealth there)
The rest of the planet - ok.. yes we can trade with the rest of the planet. Lets set up free trade agreements with the rest of the planet.
The overriding economic situation of Britain having higher wages - i.e. a higher cost base than the vast majority of countries means they can't afford to buy our products.
Yet the one area that could, the EU, may have some trade barriers. This is absolute lunacy. Inviting the prospect of trade barriers with people that can and do buy our products, and looking to reduce barriers to those that can't, but are eager to sell stuff to us. Cheaply.
TKT, it all comes down to the cost to produce. Would you want the average wage of India, Brazil, Indonesia, China?
every industry will be different
Brexit or no brexit, most large scale manufacturing eventually migrates to Asia anyway
more niche/high end stuff will stay on shore, other things will be manufactured as parts abroad and be repackaged here, some completely made offshore but all mgt operations on shore
hybrid
But again, this is regardless of Brexit. It's the new world of globalisation.
comment by ManUtdDaredevil (U9612)
posted 1 minute ago
Remember, we will still have to comply with EU regs to sell that stuff. You know the regs we have no say in anymore.
Now, a smart savvy British business man can move his business into let us say Poland and trade there at very competitive rates, essentially destroying his competition in the UK and have direct access to this market.
Wonder if that will happen and at the the expense of whom?
----------------------------------------------------------------------
He could do that anyway seeing as overheads would be lower.
Why doesnt he?
Agreed TKT, who benefits the most from these arrangements?
Like I keep telling people, if I was James Dyson, I would be for Brexit.
Imagine the mark up on production.
I would even move my family over to Asia
comment by HRH King Ledley (U20095)
posted less than a minute ago
comment by ManUtdDaredevil (U9612)
posted 1 minute ago
Remember, we will still have to comply with EU regs to sell that stuff. You know the regs we have no say in anymore.
Now, a smart savvy British business man can move his business into let us say Poland and trade there at very competitive rates, essentially destroying his competition in the UK and have direct access to this market.
Wonder if that will happen and at the the expense of whom?
----------------------------------------------------------------------
He could do that anyway seeing as overheads would be lower.
Why doesnt he?
----------------------------------------------------------------------
He has been doing that already and now he can do lots more.
So much more, already happening.
The car manufacturers would be weighing these options as well looking at the shipping industry in Poland, The Netherlands and Germany.
At the expense of who? Who would suffer the most from these jobs getting moved overseas?
comment by Redinthehead - FreeGaza - فلسطين (U1860)
posted 4 minutes ago
comment by The Kaiser's Trainers (U5676)
posted less than a minute ago
"Where do we export these to in the main? The EU"
and we still will even if we go for the hardest 'out' imaginable
we have more options to deal with the rest of the planet as well now
----------------------
Firstly yes, we still will export to the EU, however, any trade barriers will affect this trade. It is our single biggest market, not due to tariffs on others, but as stated earlier it is our closest market in terms of geography, with 450m people, who can afford to buy products from us.
Compare that to India, they have 1bn people there, but their wages are a fraction to what ours are. They simply cannot afford to buy from us in the same quantities. Whether they are in the commonwealth or not. (didn't really share the wealth there)
The rest of the planet - ok.. yes we can trade with the rest of the planet. Lets set up free trade agreements with the rest of the planet.
The overriding economic situation of Britain having higher wages - i.e. a higher cost base than the vast majority of countries means they can't afford to buy our products.
Yet the one area that could, the EU, may have some trade barriers. This is absolute lunacy. Inviting the prospect of trade barriers with people that can and do buy our products, and looking to reduce barriers to those that can't, but are eager to sell stuff to us. Cheaply.
TKT, it all comes down to the cost to produce. Would you want the average wage of India, Brazil, Indonesia, China?
----------------------------------------------------------------------
Obviously the average wage is lower in these countries but isnt it a bit ignorant to think everyone in the country is a 20p per day sweatshop merchant?
Number of $ billinaires:
UK......53
India...111
China..213
comment by ManUtdDaredevil (U9612)
posted 2 minutes ago
comment by HRH King Ledley (U20095)
posted less than a minute ago
comment by ManUtdDaredevil (U9612)
posted 1 minute ago
Remember, we will still have to comply with EU regs to sell that stuff. You know the regs we have no say in anymore.
Now, a smart savvy British business man can move his business into let us say Poland and trade there at very competitive rates, essentially destroying his competition in the UK and have direct access to this market.
Wonder if that will happen and at the the expense of whom?
----------------------------------------------------------------------
He could do that anyway seeing as overheads would be lower.
Why doesnt he?
----------------------------------------------------------------------
He has been doing that already and now he can do lots more.
So much more, already happening.
The car manufacturers would be weighing these options as well looking at the shipping industry in Poland, The Netherlands and Germany.
At the expense of who? Who would suffer the most from these jobs getting moved overseas?
----------------------------------------------------------------------
So it is happening already, while inside the EU?
Currently a British businessman selling predominantly to the UK market could set up in Poland and export to the UK tariff free too I assume?
Brexit or no brexit, most large scale manufacturing eventually migrates to Asia anyway
-------------
Not really.. the prospect of doing so depends on a couple of factors :
1) cost to produce
2) cost to sell
If either of those two factors add up to a higher total than producing elsewhere (UK for example) the migration doesn't occur.
If we were to have "free trade" deals with the rest of the world, it would certainly reduce the cost to sell, increasing the likelihood of migrating to Asia.
Of course then there is the prospect that quality regulations of the EU may not be followed by these manufacturers for exporting to the UK.
who benefits is very complicated and depends on the ownership model, mix of 'production' on v offshore, HQ location, taxes, etc.
In a lot of ways it's turned into making the best of a bad situation. Technology and globalisation has transformed the business world completely. A handful of people can run a very large global business now. There is no large workforce and small mgt layer anymore. The working man's jobs are largely automated now regardless if it's on or offshore. And that can be run remotely for many professions now.
Personally I blame technology far, far more than politics. This is the price of 'progress'.
The Cbinese are the biggest buyer of luxury goods
31% of all, the single biggest by some distance
Europe 18% combined
https://www.theguardian.com/business/2015/oct/29/global-luxury-goods-market-exceeds-1tn-euro
Obviously the average wage is lower in these countries but isnt it a bit ignorant to think everyone in the country is a 20p per day sweatshop merchant?
Number of $ billinaires:
UK......53
India...111
China..213
------------------------
The average wage of those countries is still far lower than the UK.
You can point at a billionaire, but he can only drive one car at a time, same as anyone else.
Also that shows the UK has more billionaires per capita of the population than those other countries listed.
Your point is moot, those countries still have average wages faaaar lower than the UK, and therefore do not have the critical mass of population with the required wealth to be a country where we export to on the same level as we do the EU.
comment by HRH King Ledley (U20095)
posted 5 minutes ago
The Cbinese are the biggest buyer of luxury goods
----------------
From whom - ? That key detail is missing. From Europe?
I see that article includes fine art that can be millions of dollars for one piece.
You need to stop pointing at billionaires and look at the real world scenario.. eg..
Nissan Leaf produced in Sunderland - who will be more likely to buy this, someone in France or someone in China?
robots and algorithms are coming for the rest of he jobs shortly
comment by Redinthehead - FreeGaza - فلسطين (U1860)
posted 1 minute ago
Obviously the average wage is lower in these countries but isnt it a bit ignorant to think everyone in the country is a 20p per day sweatshop merchant?
Number of $ billinaires:
UK......53
India...111
China..213
------------------------
The average wage of those countries is still far lower than the UK.
You can point at a billionaire, but he can only drive one car at a time, same as anyone else.
Also that shows the UK has more billionaires per capita of the population than those other countries listed.
Your point is moot, those countries still have average wages faaaar lower than the UK, and therefore do not have the critical mass of population with the required wealth to be a country where we export to on the same level as we do the EU.
----------------------------------------------------------------------
The vast majority of the people in those countries are poor, but there is still a burgeoning amount with cash to spend.
It does not matter what percentage of the poulation they make up, they have a significantly bigger number of billionaires. They will have a bigger number of people for every level of than the UK.
Let me give you a rough example (figures only for example)
China 1.4n people
UK 70m peope
Chinese peopel with salaries after tax 20k+....1% =14m
UK people with salaries after tax 20k+............20%=14m
Just because the entire market is not able to buy our goods, it does not mean there is not a significant portion to do so.
Chinese people spend more abroad than any other nation.
comment by Redinthehead - FreeGaza - فلسطين (U1860)
posted 12 minutes ago
comment by HRH King Ledley (U20095)
posted 5 minutes ago
The Cbinese are the biggest buyer of luxury goods
----------------
From whom - ? That key detail is missing. From Europe?
I see that article includes fine art that can be millions of dollars for one piece.
You need to stop pointing at billionaires and look at the real world scenario.. eg..
Nissan Leaf produced in Sunderland - who will be more likely to buy this, someone in France or someone in China?
----------------------------------------------------------------------
The Chinese spend the most abroad of any nation. Just 4% of their population.
They are not all peasants in rice fields
http://www.chinabusinessreview.com/understanding-chinas-middle-class/
http://www.bloomberg.com/news/articles/2016-03-09/here-s-what-china-s-middle-class-really-earn-and-spend
May as well shut our country down, it is obviously useless apparently
Get a grip
When you have a billion people, just the 1% is 10,000,000 filthy rich, absolutely minted consumers looking to buy all day long.
The rich professional classes are another 90,000,000 probably.
That's a lot of wedge to be spent.
The Chinese spend the most abroad of any nation. Just 4% of their population
--------------------------
Abroad ... where exactly? Its a big place.
Sign in if you want to comment
LIVE: Great Britain EU Referendum
Page 356 of 395
357 | 358 | 359 | 360 | 361
posted on 18/7/16
http://atlas.media.mit.edu/en/profile/country/gbr/
this site is quite cool
----------------------------------------------------------------------
That site lists gold as an export of the UK.
Are they really calling central bank sell off of gold as an export?
Also
The top export destinations of the United Kingdom are :
United States ($51B) -
Germany ($46.5B) Netherlands ($34.2B) and France ($27B).
That is $107.5bn to the EU. It is faaaaaar and away our biggest market.
Thats not adding Switzerland who aren't in the EU, ($33.6B)
posted on 18/7/16
"Where do we export these to in the main? The EU"
and we still will even if we go for the hardest 'out' imaginable
we have more options to deal with the rest of the planet as well now
posted on 18/7/16
comment by The Kaiser's Trainers (U5676)
posted less than a minute ago
"Where do we export these to in the main? The EU"
and we still will even if we go for the hardest 'out' imaginable
we have more options to deal with the rest of the planet as well now
----------------------------------------------------------------------
I agree we have a massive market to sell to. Considering the cost of manufacturing and labour here, where do you believe those things will be made?
Let us look at Dyson for example
posted on 18/7/16
where does this myth that we're going to stop trading with the EU come from anyway?
even even boris crapped on Merkel's forehead we'd still trade like mad with them
posted on 18/7/16
No one is saying we are not going to stop trading with the EU.
What we are saying is that to be competitive, our "industries" will have to make some "concessions" and "outsource" due to the costs of doing stuff here as demonstrated already by so many industries here.
So, the question remains, who will this benefit? Who stands to gain more from an unregulated market?
posted on 18/7/16
Remember, we will still have to comply with EU regs to sell that stuff. You know the regs we have no say in anymore.
Now, a smart savvy British business man can move his business into let us say Poland and trade there at very competitive rates, essentially destroying his competition in the UK and have direct access to this market.
Wonder if that will happen and at the the expense of whom?
posted on 18/7/16
comment by The Kaiser's Trainers (U5676)
posted less than a minute ago
"Where do we export these to in the main? The EU"
and we still will even if we go for the hardest 'out' imaginable
we have more options to deal with the rest of the planet as well now
----------------------
Firstly yes, we still will export to the EU, however, any trade barriers will affect this trade. It is our single biggest market, not due to tariffs on others, but as stated earlier it is our closest market in terms of geography, with 450m people, who can afford to buy products from us.
Compare that to India, they have 1bn people there, but their wages are a fraction to what ours are. They simply cannot afford to buy from us in the same quantities. Whether they are in the commonwealth or not. (didn't really share the wealth there)
The rest of the planet - ok.. yes we can trade with the rest of the planet. Lets set up free trade agreements with the rest of the planet.
The overriding economic situation of Britain having higher wages - i.e. a higher cost base than the vast majority of countries means they can't afford to buy our products.
Yet the one area that could, the EU, may have some trade barriers. This is absolute lunacy. Inviting the prospect of trade barriers with people that can and do buy our products, and looking to reduce barriers to those that can't, but are eager to sell stuff to us. Cheaply.
TKT, it all comes down to the cost to produce. Would you want the average wage of India, Brazil, Indonesia, China?
posted on 18/7/16
every industry will be different
Brexit or no brexit, most large scale manufacturing eventually migrates to Asia anyway
more niche/high end stuff will stay on shore, other things will be manufactured as parts abroad and be repackaged here, some completely made offshore but all mgt operations on shore
hybrid
But again, this is regardless of Brexit. It's the new world of globalisation.
posted on 18/7/16
comment by ManUtdDaredevil (U9612)
posted 1 minute ago
Remember, we will still have to comply with EU regs to sell that stuff. You know the regs we have no say in anymore.
Now, a smart savvy British business man can move his business into let us say Poland and trade there at very competitive rates, essentially destroying his competition in the UK and have direct access to this market.
Wonder if that will happen and at the the expense of whom?
----------------------------------------------------------------------
He could do that anyway seeing as overheads would be lower.
Why doesnt he?
posted on 18/7/16
Agreed TKT, who benefits the most from these arrangements?
Like I keep telling people, if I was James Dyson, I would be for Brexit.
Imagine the mark up on production.
I would even move my family over to Asia
posted on 18/7/16
comment by HRH King Ledley (U20095)
posted less than a minute ago
comment by ManUtdDaredevil (U9612)
posted 1 minute ago
Remember, we will still have to comply with EU regs to sell that stuff. You know the regs we have no say in anymore.
Now, a smart savvy British business man can move his business into let us say Poland and trade there at very competitive rates, essentially destroying his competition in the UK and have direct access to this market.
Wonder if that will happen and at the the expense of whom?
----------------------------------------------------------------------
He could do that anyway seeing as overheads would be lower.
Why doesnt he?
----------------------------------------------------------------------
He has been doing that already and now he can do lots more.
So much more, already happening.
The car manufacturers would be weighing these options as well looking at the shipping industry in Poland, The Netherlands and Germany.
At the expense of who? Who would suffer the most from these jobs getting moved overseas?
posted on 18/7/16
comment by Redinthehead - FreeGaza - فلسطين (U1860)
posted 4 minutes ago
comment by The Kaiser's Trainers (U5676)
posted less than a minute ago
"Where do we export these to in the main? The EU"
and we still will even if we go for the hardest 'out' imaginable
we have more options to deal with the rest of the planet as well now
----------------------
Firstly yes, we still will export to the EU, however, any trade barriers will affect this trade. It is our single biggest market, not due to tariffs on others, but as stated earlier it is our closest market in terms of geography, with 450m people, who can afford to buy products from us.
Compare that to India, they have 1bn people there, but their wages are a fraction to what ours are. They simply cannot afford to buy from us in the same quantities. Whether they are in the commonwealth or not. (didn't really share the wealth there)
The rest of the planet - ok.. yes we can trade with the rest of the planet. Lets set up free trade agreements with the rest of the planet.
The overriding economic situation of Britain having higher wages - i.e. a higher cost base than the vast majority of countries means they can't afford to buy our products.
Yet the one area that could, the EU, may have some trade barriers. This is absolute lunacy. Inviting the prospect of trade barriers with people that can and do buy our products, and looking to reduce barriers to those that can't, but are eager to sell stuff to us. Cheaply.
TKT, it all comes down to the cost to produce. Would you want the average wage of India, Brazil, Indonesia, China?
----------------------------------------------------------------------
Obviously the average wage is lower in these countries but isnt it a bit ignorant to think everyone in the country is a 20p per day sweatshop merchant?
Number of $ billinaires:
UK......53
India...111
China..213
posted on 18/7/16
comment by ManUtdDaredevil (U9612)
posted 2 minutes ago
comment by HRH King Ledley (U20095)
posted less than a minute ago
comment by ManUtdDaredevil (U9612)
posted 1 minute ago
Remember, we will still have to comply with EU regs to sell that stuff. You know the regs we have no say in anymore.
Now, a smart savvy British business man can move his business into let us say Poland and trade there at very competitive rates, essentially destroying his competition in the UK and have direct access to this market.
Wonder if that will happen and at the the expense of whom?
----------------------------------------------------------------------
He could do that anyway seeing as overheads would be lower.
Why doesnt he?
----------------------------------------------------------------------
He has been doing that already and now he can do lots more.
So much more, already happening.
The car manufacturers would be weighing these options as well looking at the shipping industry in Poland, The Netherlands and Germany.
At the expense of who? Who would suffer the most from these jobs getting moved overseas?
----------------------------------------------------------------------
So it is happening already, while inside the EU?
Currently a British businessman selling predominantly to the UK market could set up in Poland and export to the UK tariff free too I assume?
posted on 18/7/16
Brexit or no brexit, most large scale manufacturing eventually migrates to Asia anyway
-------------
Not really.. the prospect of doing so depends on a couple of factors :
1) cost to produce
2) cost to sell
If either of those two factors add up to a higher total than producing elsewhere (UK for example) the migration doesn't occur.
If we were to have "free trade" deals with the rest of the world, it would certainly reduce the cost to sell, increasing the likelihood of migrating to Asia.
Of course then there is the prospect that quality regulations of the EU may not be followed by these manufacturers for exporting to the UK.
posted on 18/7/16
who benefits is very complicated and depends on the ownership model, mix of 'production' on v offshore, HQ location, taxes, etc.
In a lot of ways it's turned into making the best of a bad situation. Technology and globalisation has transformed the business world completely. A handful of people can run a very large global business now. There is no large workforce and small mgt layer anymore. The working man's jobs are largely automated now regardless if it's on or offshore. And that can be run remotely for many professions now.
Personally I blame technology far, far more than politics. This is the price of 'progress'.
posted on 18/7/16
The Cbinese are the biggest buyer of luxury goods
31% of all, the single biggest by some distance
Europe 18% combined
https://www.theguardian.com/business/2015/oct/29/global-luxury-goods-market-exceeds-1tn-euro
posted on 18/7/16
Obviously the average wage is lower in these countries but isnt it a bit ignorant to think everyone in the country is a 20p per day sweatshop merchant?
Number of $ billinaires:
UK......53
India...111
China..213
------------------------
The average wage of those countries is still far lower than the UK.
You can point at a billionaire, but he can only drive one car at a time, same as anyone else.
Also that shows the UK has more billionaires per capita of the population than those other countries listed.
Your point is moot, those countries still have average wages faaaar lower than the UK, and therefore do not have the critical mass of population with the required wealth to be a country where we export to on the same level as we do the EU.
posted on 18/7/16
comment by HRH King Ledley (U20095)
posted 5 minutes ago
The Cbinese are the biggest buyer of luxury goods
----------------
From whom - ? That key detail is missing. From Europe?
I see that article includes fine art that can be millions of dollars for one piece.
You need to stop pointing at billionaires and look at the real world scenario.. eg..
Nissan Leaf produced in Sunderland - who will be more likely to buy this, someone in France or someone in China?
posted on 18/7/16
robots and algorithms are coming for the rest of he jobs shortly
posted on 18/7/16
comment by Redinthehead - FreeGaza - فلسطين (U1860)
posted 1 minute ago
Obviously the average wage is lower in these countries but isnt it a bit ignorant to think everyone in the country is a 20p per day sweatshop merchant?
Number of $ billinaires:
UK......53
India...111
China..213
------------------------
The average wage of those countries is still far lower than the UK.
You can point at a billionaire, but he can only drive one car at a time, same as anyone else.
Also that shows the UK has more billionaires per capita of the population than those other countries listed.
Your point is moot, those countries still have average wages faaaar lower than the UK, and therefore do not have the critical mass of population with the required wealth to be a country where we export to on the same level as we do the EU.
----------------------------------------------------------------------
The vast majority of the people in those countries are poor, but there is still a burgeoning amount with cash to spend.
It does not matter what percentage of the poulation they make up, they have a significantly bigger number of billionaires. They will have a bigger number of people for every level of than the UK.
Let me give you a rough example (figures only for example)
China 1.4n people
UK 70m peope
Chinese peopel with salaries after tax 20k+....1% =14m
UK people with salaries after tax 20k+............20%=14m
Just because the entire market is not able to buy our goods, it does not mean there is not a significant portion to do so.
Chinese people spend more abroad than any other nation.
posted on 18/7/16
comment by Redinthehead - FreeGaza - فلسطين (U1860)
posted 12 minutes ago
comment by HRH King Ledley (U20095)
posted 5 minutes ago
The Cbinese are the biggest buyer of luxury goods
----------------
From whom - ? That key detail is missing. From Europe?
I see that article includes fine art that can be millions of dollars for one piece.
You need to stop pointing at billionaires and look at the real world scenario.. eg..
Nissan Leaf produced in Sunderland - who will be more likely to buy this, someone in France or someone in China?
----------------------------------------------------------------------
The Chinese spend the most abroad of any nation. Just 4% of their population.
They are not all peasants in rice fields
http://www.chinabusinessreview.com/understanding-chinas-middle-class/
posted on 18/7/16
http://www.bloomberg.com/news/articles/2016-03-09/here-s-what-china-s-middle-class-really-earn-and-spend
posted on 18/7/16
May as well shut our country down, it is obviously useless apparently
Get a grip
posted on 18/7/16
When you have a billion people, just the 1% is 10,000,000 filthy rich, absolutely minted consumers looking to buy all day long.
The rich professional classes are another 90,000,000 probably.
That's a lot of wedge to be spent.
posted on 18/7/16
The Chinese spend the most abroad of any nation. Just 4% of their population
--------------------------
Abroad ... where exactly? Its a big place.
Page 356 of 395
357 | 358 | 359 | 360 | 361