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If we vote for Brexit what happens

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Comments

  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Unless you're Hamish or other pro indy supporters who will say Goldman Sachs, J P Morgan Chase, etc... will be falling over themselves to move to Scotland, where all the talent is, immediately after Scotland becomes independent and 'remains' in the EU, you know because Scotland is already a member, not the UK.

    Once Scotland is independent and a member of the EU with a stable government then an investor looking for a location within the EU is obviously more likely to choose iScotland over the UK.

    That outcome would already be pretty fantastical. The idea anyone is going to invest in Scotland now anticipating her being independently part of the EU is a fairy story.
  • Yamumuk
    Yamumuk Posts: 119 Forumite
    edited 15 October 2016 at 1:18PM
    "“Each corporation is trying to get more sales through lower prices, therefore profits reduce, therefore they have to find the cheapest labour wherever it is, therefore capital can never be stable.”" This wa a quote from Ken Loach from a guardian article completely unrelated article to Brexit.

    However if foreign cheap labour goes after Breixt it will be the poor, on benefits, low skilled, disadvantaged, stuck and awkward who will be pushed into seeking this work through politics. Especially from the conservative side of centre. To think that wages will rise is ridiculously optimistic, rights will drop, wages will drop to counter the loss of cheap labour.

    Someone on here had it simplified just right but the opposite is true.

    Vote Brexit=Vote for more money is how it was perceived by many.

    And in some ways with pure undemocratic lies of 350mill to NHS there is a tiny bit of forgiveness for those manipulated.

    The drop of value of the pound now means everything basic from overseas, oil, gas, products, holidays will now cost substantially more. That is what you (we) get when a large sector of society ignores or does not even seek out the information provided by experts, professors.

    Welcome to worse, it's fact now.
  • Yamumuk
    Yamumuk Posts: 119 Forumite
    Conrad wrote: »
    Anyone know why Unilever tried also to rise prices in Ireland this week?


    According to the previous head of Kingfisher group (bit retail concern), Unilever never reduced prices when the pound was much stronger. He also mentioned Premier Foods trying to rise prices in this way a while back and it's products were removed from Tesco and never returned (Hovis I think was a Premier Foods line).


    Oil fell like a stone when the pound was still high (and I say 'high' advisedly), but no one reduced the cost of products requiring oil for the plastic packaging - funny that.

    Same reason you never reduce your commission rates as a mortgage broker I suspect.
  • Yamumuk
    Yamumuk Posts: 119 Forumite
    cells wrote: »
    there is always a market for high end and low end goods.

    Aldi and Lidl have a better business model and in many ways a better food shopping experience (in that you dont need to spend 1 hour walking through a big warehouse supermarket you can do your shopping in 15 minutes)

    I would have thought for the Brexiters Aldi, LIDL and ASDA would be the last places they would shop seen as it is ultimately lining the pockets of German and American corporations. As far as I know Sainsbury's and Tesco are the 2 to shop in nif you want to support "Great" Britain. But anything that takes more effort than an X on a bit of paper is too much effort I suspect for the "We are better than everyone else we deserve more" mindset.

    http://www.huffingtonpost.co.uk/entry/james-obrien-leave-voter-eu-law-he-wants-to-bin-caller-cannot-name-a-single-one_uk_57fe3772e4b0a95685454bcd
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    Yamumuk wrote: »
    I would have thought for the Brexiters Aldi, LIDL and ASDA would be the last places they would shop seen as it is ultimately lining the pockets of German and American corporations. As far as I know Sainsbury's and Tesco are the 2 to shop in nif you want to support "Great" Britain. But anything that takes more effort than an X on a bit of paper is too much effort I suspect for the "We are better than everyone else we deserve more" mindset.

    http://www.huffingtonpost.co.uk/entry/james-obrien-leave-voter-eu-law-he-wants-to-bin-caller-cannot-name-a-single-one_uk_57fe3772e4b0a95685454bcd


    If you genuinely thought that, then you are fool and total bigot.
    Whilst it is true that 'remainers' voted for protectionist trade policies and explicitly for racist discrimination in trade and immigration, you should not assume that is true for everyone else.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Ballard wrote: »
    That's right. Just because services are the biggest U.K. industry doesn't mean that we should worry about it reducing. It would only mean losing relatively highly paid bankers anyway so who cares?

    As an example no one cared when Cadburys left the UK. Why the concern now over overpaid bankers? Take a macro view of the entire economy.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Yamumuk wrote: »
    I would have thought for the Brexiters Aldi, LIDL and ASDA would be the last places they would shop seen as it is ultimately lining the pockets of German and American corporations.

    At least the Germans use UK produce and companies. Unilever may manufacture in the UK but the vast bulk of its raw product is imported not UK sourced. That's globalisation. Profit first.
  • Yamumuk
    Yamumuk Posts: 119 Forumite
    Thrugelmir wrote: »
    At least the Germans use UK produce and companies. Unilever may manufacture in the UK but the vast bulk of its raw product is imported not UK sourced. That's globalisation. Profit first.

    Not true, especially anything tinned, get your facts right.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    Kohoutek wrote: »
    Can you define 'trade successfully'?

    make a lot of money
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Yamumuk wrote: »
    Not true, especially anything tinned, get your facts right.

    Why else would Unilever attempt to impose such hefty price rises? If not due to exchange fluctuation. I worked in the agricultural sector for some years so have an insight.
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