If we vote for Brexit what happens

cells

CLAPTON wrote: »

the UK is the 5th largest manufactory in the world.

that sounds great until you realize that its 1: due to the pounds value ie not on a ppp basis and 2: a huge chunk of the British manufacturing sector is processed foods, things like biscuits and frozen curries, 3 some sectors like cars were 'protected' due to the EU rules and laws......

As the poor countries develop and buy more biscuits and frozen curries and as the ppp to nominal gap narrows the British manufacturing sector is going towards 15 place which will be in keeping with its size.

setmefree2

ess0two wrote: »

Have you got kids? as a parent you want the best,as for gaining an advantage, yes.

If you are a socialist you believe in equal opportunity for all - you don't believe in people using money to gain advantage for their children over other children. In my book, if you send your kids to a private school you are not a socialist. If you claim to be - then you are a hypocrite of the highest order.

Seriously, how can any body who thinks they are a socialist send their kids to Eton?

cells

Rinoa wrote: »

Well, Germany makes more stuff than everyone else and they're considered the most prosperous. Go figure,

Germans dont make more stuff than everyone else their specialty isnt cheap bulk goods its higher end stuff

So Japan makes and builds more cars for its internal and export market yet the German sector is worth more. The reason is one is outputting Hondas for $20k while the other is outputting BMWs for $60k

In many ways the German luxury car industry its its specialty like finance is for the uk. Both are under risk by the Americans who are the world leaders in tech. Its why the Americans have a GDP of some $57k per capita while the UK is closer to $36k

mrginge

i dont know how this country will cope if inflation goes up to 3-4%

JACKBLACK

mrginge wrote: »

i dont know how this country will cope if inflation goes up to 3-4%

I know imagine if interest rates go up!!!! How would we spend all that interest on our savings!!!!:eek:

ess0two

setmefree2 wrote: »

If you are a socialist you believe in equal opportunity for all - you don't believe in people using money to gain advantage for their children over other children. In my book, if you send your kids to a private school you are not a socialist. If you claim to be - then you are a hypocrite of the highest order.

Seriously, how can any body who thinks they are a socialist send their kids to Eton?

Yeah understand better, regarding 'money'.

TrickyTree83

ess0two wrote: »

Have you got kids? as a parent you want the best,as for gaining an advantage, yes.

I back the idea of grammar schools/selective schools based on merit. Maybe the 11+ is a bad test, but the idea of selection based on merit has no detractors for me.

Not your ability to pay the tuition/school fees or your ability to purchase a house in an area with an outstanding school.

Generation snowflake could do with being told their English GCSE isn't worth the paper it's written on, and/or their degree was purchased by the taxpayer via the SLC with £9k per year lining the pockets of the University they attended. I've heard some shocking things from a former lecturer friend of mine who quit recently as grades are being fudged to bloat course numbers, and as a result tuition fee intake. People who should have been kicked off the course end up with a degree so the Uni makes money. Awful.

Pupils who no longer know the multiplication tables. Who think arithmetic is for savants. Who need a calculator to work out the change to give when working in a shop. Who don't know how to write a formal letter, when to use sincerely or faithfully. Who don't understand the difference between there and their.

I find no problem with siphoning off the students who do take pride in all of these areas, to push them on, from the students who feel these skills are less important than how they look on instagram or donning a clown costume and trying to induce a heart attack in random strangers.

CLAPTON

cells wrote: »

that sounds great until you realize that its 1: due to the pounds value ie not on a ppp basis and 2: a huge chunk of the British manufacturing sector is processed foods, things like biscuits and frozen curries, 3 some sectors like cars were 'protected' due to the EU rules and laws......

As the poor countries develop and buy more biscuits and frozen curries and as the ppp to nominal gap narrows the British manufacturing sector is going towards 15 place which will be in keeping with its size.

I agree that things will be different in 100 years time

mrginge

JACKBLACK wrote: »

I know imagine if interest rates go up!!!! How would we spend all that interest on our savings!!!!:eek:

Interest rates have never gone up. Ever.

Conrad

cells wrote: »

yes the tariffs and pound/dollar/euro inflation applies to the import price not the retail price at tesco.

some things like base foods dont have a huge retail uplift so you will see strong inflation there eg sugar flour oil. Whereas other things like cakes crisps processed foods are mostly retail/manufacturing costs and the food element is almost trivial

another factor is inflation tends to feed inflation so you will have some businesses who were keeping prices low who decide now is the time for a hike since everything else is going up.

Tate & Lyle boss on Radio 4 with Evan Davis said sugar imports will be more competitive as they wont be subject to EU tariffs, and as Tate exports a lot of finnished goods, the positive effect is compounded still further.

Any imported inflation will be a one off, u less our currency falls and falls, we will easily cope and adapt, not to mention benefits of cheaper importing thanks to EU barriers and tariffs not applying