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If we vote for Brexit what happens
Comments
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The more I read as the s*** storm deepens the more the Brexit voters show their true colours as selfish people who care about no one except themselves. I always knew it but it is interesting seeing them twist and turn to try and justify every bit of bad news that will appear.
Brexit was largely a clarion call from those that are not benefiting from globalisation.
Brexit is a massive opportunity to bring about dignity in work through a process of re-industrialisation and exporting.
It also happens to be far better for African farmers, that will be able to sell their output to a UK once free of the competition racket of the EU, that has for example caused the decimation of the Ghanaian Tomato growing sector thanks to heavily subsidised Italian tinned tomatoes undercutting them.
The most selfish are those that want the status quo, those big near monopolies and cartels that want everything as it is thanks very much.
A little inflation is good for the economy, and devaluation is precisely what we've needed for so long. Buy British where you can - there are plenty of ways to do this, for example buying local farm shop produce - we all eat too much (see the recent BBC Diabetes campaign), so if buying British means a slight cost rise, just eat 10% fewer calories, win win
MANY TOP CHEFS BUY IN SEASON BRITISH PRODUCE, SO DONT FALL FOR THIS LINE WE HAVE TO RELY ON IMPORTS - YES CERTAIN THINGS SUCH AS COFFEE - BUT WE CAN BUY MUCH OF FOOD REQUIRMENTS WITHOUT NEED FOR IMPORTS.
No one 'needs' Spanish clementine's every day of the year, in winter there are plenty of British fruit options - often from greenhouse sources.
The more we all support society, the more we will produce ourselves0 -
Manufacturing is going to become a smaller and smaller part of the economy and its workforce is going to become even smaller than that. I used to work at a steel plant where they had 30,000 men, when I left it was down to 2,500 but production was 3x higher than it was when the plant employed 30k people. In time I would expect a further 10x reduction in employment per unit of output. So one plant went from 30,000 to 2,500 and will go towards 250 for the newer plants.
The same is true for other sectors. Old coal plants had about 500 workers per GW while nuclear was about 1000 workers per GW while the new CCGTs are closer to 30-40 staff per GW that again is a more than 1/10th fall in manpower per unit of output
Manufacturing is not going to save us its a declining sector not because of the Chinese or Germans but because of machines and software
That is a superb point and one that is going to become increasingly relevant not just in the manufacturing sector but virtually every sector over the coming decades.I am insane and have 4 mortgages - total mortgage debt £200k. Target to zero = 10 years! (2030)0 -
you need to define sustainable or not, we can not look 1000 years to the future nor should we look out just 1 year. I would say 20-30 years if it can work for that amount of time it is sustainable.
There is no reason the UK could not build and sell off expensive flats in central London for the next 20-30 years so it is sustainable.
Making money selling multi-million pound flats is more productive and makes us richer than selling spuds to the irish and cheese to the french and it is sustainable
These flats are not income generating assets people dont let them out and there isnt a market for such rentals in large numbers but there is for sales.
currently there is nothing to stop the continuing sale of central london flats.
clearly the market doesn't see this as sufficient to propel the pound back to its pre-brexit 'glory'.
the continuing decline the the net foreign assets and the continuing decline in the balance of foreign divident flow is unwelcome.0 -
Manufacturing is going to become a smaller and smaller part of the economy and its workforce is going to become even smaller than that. I used to work at a steel plant where they had 30,000 men, when I left it was down to 2,500 but production was 3x higher than it was when the plant employed 30k people. In time I would expect a further 10x reduction in employment per unit of output. So one plant went from 30,000 to 2,500 and will go towards 250 for the newer plants.
The same is true for other sectors. Old coal plants had about 500 workers per GW while nuclear was about 1000 workers per GW while the new CCGTs are closer to 30-40 staff per GW that again is a more than 1/10th fall in manpower per unit of output
Manufacturing is not going to save us its a declining sector not because of the Chinese or Germans but because of machines and software
A flowering of British industry includes things such as the flourishing local brewery scene, robotics, VR and far more. A firm called MIDAS have won the contract to build a GERMAN Synthesiser - it's this mass flourishing of a mercantile society we need.
It's no good throwing our hands up and carrying on as we were with the rentier society - millions of 'transactors' offering their labour for the benefit of a small number of capital holders (Amazon is a classic) - effectively millions of us with no real future, based on importing tat, fuelled by debt and driving that tat to the customer.
We have to build a new Britain, this is what Brexit is all about.0 -
If we'd carried on with a massive unsustainable trade deficit, and economy reliant on mass imports and the rentier society with holders of capital the main beneficiary, wages would have remained far too low.
In what world do you think making and selling London homes for £5,000,000 a pop to foreigners is worse for the country than say milking cows and churning milk to try and sell cheese to the french at £5 a kg?
Do you want your children to be cheese mongers and cow milkers or designers architects salesmen home builders?The whole point of the need to rebalance towards internal goods provision and exporting is to begin to address our sickly economy.
Our economy is not 'sickly' its a well functioning high wage economy. What do you propose we in the UK will build and export to the world? Most sectors work in harmony with others in the group. So while the Germans and Japanese have huge car manufacturing and the thousands of suppliers you cant just take that from them why/how would those companies come to the uk? IF it was just down to lower wages they would not be in japan and Germany they would be in Poland and Romania.
The Swiss are another country with high wages and high priced manufactured goods. Thats what works best not to try and bring back a world of mass employment in manufacturing that died with automation decades agoFor example Dairy Farmers benefitting from a boost to UK ice cream manufacture at the expense of Ben & Jerries' imports we do not need (unless one is so selfish that the needs of British society come second to the need to buy anything we so desire)
specialization provides productive benefits
And people wont switch from brands they know and like to no name brands. Already no name tesco own brands exist for almost everything yet people opt for the higher quality brands
I wonder what your views are on textiles. 20 years ago the uk had a decent sized textiles industry its mostly dead now. Should we go back to 20 years ago and open up those factories? Would the fact that the price for cloths and shoes would go up 3 fold be a good or bad thing. What will be the downstream impacts when people have to spend 3x as much for necessities0 -
A flowering of British industry includes things such as the flourishing local brewery scene, robotics, VR and far more. A firm called MIDAS have won the contract to build a GERMAN Synthesiser - it's this mass flourishing of a mercantile society we need.
It's no good throwing our hands up and carrying on as we were with the rentier society - millions of 'transactors' offering their labour for the benefit of a small number of capital holders (Amazon is a classic) -
We have to build a new Britain, this is what Brexit is all about.
you dont see the irony in your stance and your own job as a mortgage broker? especially considering a large chunk of the sector exists purely due to the rentier aspect of mortgage regulations?effectively millions of us with no real future, based on importing tat, fuelled by debt and driving that tat to the customer.
such such nonsense0 -
Global corporations love the EU as they know EU rules and complexity keep new competitors out.
Brexit gives us a far better chance at spreading enterprise and new entrants, the new mercantile society, trading with the world.0 -
We have to build a new Britain, this is what Brexit is all about.
just empty statements
Why not be honest and spell out what you think the problem is and how it can be changed and achieved.
From reading your posts you seem to be suggesting that the poor and middle have !!!! jobs and !!!! prospects and the rich are rich. First question, name a country where the rich are poor and the poor are rich. Seriously which country do you think is doing better than the UK? Dont jump to the idiocy of 'Scandinavia' as many left leaning folk do as 'Scandinavia' has a bountiful supply of natural resources on the door step of the worlds biggest commodity importing continent
So once more what does 'a new Britain' actually mean? Which country has it better than we currently do?0 -
And people wont switch from brands they know and like to no name brands. Already no name tesco own brands exist for almost everything yet people opt for the higher quality brands
... and yet Aldi and Lidl have been taking market share off the likes of Tesco for some time nowChange is inevitable, except from a vending machine.0 -
Global corporations love the EU as they know EU rules and complexity keep new competitors out.
more empty statements.Brexit gives us a far better chance at spreading enterprise and new entrants, the new mercantile society, trading with the world.
we already trade with the world. Instead of silly sound bite statements why dont you say what it is that we are going to be global leaders in in 10 years time that we would not have been in the EU?
I dont think leaving the EU is going to be that bad but I certainly dont buy your empty statements0
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