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If we vote for Brexit what happens

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Comments

  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    These default to Holyrood ( since fishing and agriculture are devolved already )..after a Brexit, not Westminster. Westminster will have to take powers away from the Scottish Govt in order to er, undevolve them. Sure to go down well.

    http://www.politics.co.uk/blogs/2016/10/02/don-t-be-fooled-may-s-big-eu-announcement-is-just-admin

    I did not know that. Thanks.
    Has that issue been reported elsewhere. I would like to read more.
    There will be no Brexit dividend for Britain.
  • Moby
    Moby Posts: 3,917 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Conrad wrote: »
    Read your manufacturing news, orders are up, firms at e expanding, new firms are making. Also things like British fruit, often disguarded in favour of more pristine looking French, with the falling pound it's a lot more sensible to use it ourselves.

    Doom mongers are totally clueless, read what Meryn King said today

    So we can live on British fruit then.....that's a consolation.....looks like we may have too soon!:rotfl: Seriously Conrad So we don't import food, power, energy then? We do actually, in case you hadn't noticed we import quite a lot....we are a small island! and guess what's going to happen to the prices of these things! Much of our manufacturing machinery is imported from the US and guess what that's going to go up in cost as well............. and you think remainers are clueless!
  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    edited 11 October 2016 at 8:43AM
    Conrad wrote: »
    Read your manufacturing news, orders are up, firms at e expanding, new firms are making. Also things like British fruit, often disguarded in favour of more pristine looking French, with the falling pound it's a lot more sensible to use it ourselves.

    Doom mongers are totally clueless, read what Meryn King said today

    I don't like to reply to your more strange postings but this one!!!
    Are you actually suggesting the buyers at the large Supermarkets and retailers have placed orders for British made/grown products that they had ignored in the past. I don't think so.
    It's all very well talking up the UK but to suggest things like that is just plain wrong.
    Yes buyers will be exploring alternative sources of supply. That is happening in buying offices in ALL 28 members of the EU since the reality of the Brexit vote.
    Changing sources of supply works both ways. (+30 years spent in buying offices tells me so)

    Finally I am sad that people on both sides don't recognise that there will be good AND bad things about Brexit. We are where we are, not where we would like to be.
    We have to deal with the reality, not the dream.
    There will be no Brexit dividend for Britain.
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    Moby wrote: »
    .....and who is our biggest export market.....thats right the EU!
    ...

    No it's not.

    We export to individual European countries. You don't just stick "EU" on the crate and expect it to arrive at it's destination!

    The truth is we have only a small number of European countries where we do a large amount of trade business with.

    Countries like Romania are insignificant in terms of trade value with us.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    gfplux wrote: »
    As no one including the very vocal on this thread had nothing to say, So we are agreed. That is a first and means the healing process has begun.

    "One thing surely everyone will agree on is that the devaluation of sterling since the Brexit vote will lead to
    1) Britains exports being cheaper for overseas buyers/consumers
    2) Britains imports being more expensive for British buyers/consumers
    These effects are happening now with 2) really starting to hurt later this year but the first benefits of Brexit will not be seen for over two years from the end of March 2017."

    as you have ignored by response, we can assume that confirms you have no knowledge of economics, are a bigot what only value white chrisitian boys clubs and want to see harm to the people of the UK.
  • discat11
    discat11 Posts: 537 Forumite
    Part of the Furniture 500 Posts
    But surely we would still need to sign an agreement with the EU (and not the individual member) for trade?
    Is it that simple or is it a case of certain trade deals can be done directly and others have to be countersigned by the EU also?
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    Moby wrote: »
    I don't give a fig about national sovereignty. Do you think the three ugly sisters of Fox, Davis and Johnston will allow us to exercise our parliamentary sovereignty in the Commons over this deal? Or will they just impose it without a vote. What do you think Davis was saying in the Commons yesterday?

    Control of borders without neighbour co-operation is also nonsense. You brexiteers have been duped by the 'bring back control' line and the rest of us will have to pay the price of this idiotic decision! Meanwhile the pound just keeps on falling.....says a lot about confidence in the UK that does! The EU will survive and grow and we'll be pleading to go back and this time on much less favourable terms. We should have been in there fighting to solve the problems like migration, Putin's Russia etc............. not watching ineffectively from the sidelines! We are a laughing stock! We have chosen to walk away from the world's biggest market on our doorstep because of the dog whistle immigration issue.

    given you don't care about national sovereignty or control of 'our' borders why would you be concerned about a million or two of Putin's boys settling in the UK. After all, they meet your main requirement of being white and chrisitian and they are at least in part, european.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Rinoa wrote: »
    Most of the stuff we trade with Europe can easily be made in either the UK or EU.

    Assuming we fall back to WTO terms, one of the benefits of having a trade deficit with the EU is that if trade falls 20% both ways, UK companies may be able divert export production to our home market to fill the vacuum left by decreasing EU imports. Indeed they may need to step up production as our exports were far less than what the EU previously sold to us.

    The EU of course have the opposite problem. They can't divert all their UK bound exports to their home markets as our exports to the EU are far less.

    Maybe a simplified example but we certainly hold the upper hand due to our EU trade deficit.

    The fact that some items manufactured in the EU can be made here is neither here nor there and misses the point somewhat. If it was advantageous for a British business to buy a widget from Hull rather than Madrid they'd probably already be doing so.

    I don't get why this line of argument is pursued. If we banned imports of all clothing the Brexiteer argument would be that there's no need to worry and no-one will need to walk the streets naked because we could easily make clothes. There's no consideration of why, if it's a doddle to replicate imports, we don't produce here already.

    I don't know if we have the upper hand or not but I'd suggest if anyone really thought we did they wouldn't be talking about adoption of WTO rules as a satisfactory outcome.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    wotsthat wrote: »
    The fact that some items manufactured in the EU can be made here is neither here nor there and misses the point somewhat. If it was advantageous for a British business to buy a widget from Hull rather than Madrid they'd probably already be doing so.

    I don't get why this line of argument is pursued. If we banned imports of all clothing the Brexiteer argument would be that there's no need to worry and no-one will need to walk the streets naked because we could easily make clothes. There's no consideration of why, if it's a doddle to replicate imports, we don't produce here already.

    I don't know if we have the upper hand or not but I'd suggest if anyone really thought we did they wouldn't be talking about adoption of WTO rules as a satisfactory outcome.



    A powerful argument for the benefits (to both parties) of free trade.
    Why therefore do you support the protectionist EU that doesn't want free trade with (say) Black African countries even though your argument show its in the interests of both the people of the EU and the people of Black Africa?
    Again why would the EU elite damage the people of the EU by stopping this trade that benefits their own people because the UK wants to decide how much tax their should be on British female sanitory products?
  • cogito
    cogito Posts: 4,898 Forumite
    Moby wrote: »
    The EU will survive and grow and we'll be pleading to go back and this time on much less favourable terms. We should have been in there fighting to solve the problems like migration, Putin's Russia etc............. not watching ineffectively from the sidelines.

    In what way will the EU 'grow'? By expanding to include the likes of Albania and others? The main reason these countries are interested in joining is for the money that they think will be showered upon them. Where is that going to come from and if it doesn't come, are these countries still going to be interested in joining?

    Or do you mean grow economically? Have you seen any figures lately? How much has the Italian economy grown since they joined the euro? I'll tell you so you don't need to look it up - it hasn't grown at all in 15 years. And other countries. Look at France - anaemic at best and struggling. Spain - the same. Germany - still growing but only just and only because it's about the only country in the EU which benefits from the exchange rate. And if the German banking crisis doesn't get resolved, that alone could bring the whole structure crashing down.

    As for trying to resolve the migration crisis, did we have any say in the matter when Merkel opened the doors to a flood of migrants.

    As for Putin, who caused the Russians to get involved in Ukraine? Only EU meddling in the country.

    You Eurofanatics really need to wake up.
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