If we vote for Brexit what happens

Rinoa

Our series on EU trade with non-members of the Single Market; the US, China and Japan brought lots of whining from Remainers. One of their arguments for why this was not a valid indication that EU-UK trade will be fine is that these were examples from the three biggest economies in the world outside the Single Market. The implication was that of course big economies trade successfully with the EU, the UK has not got the same clout. Despite the fact that the UK will be the next biggest economy outside the EU.
So for our next example we chose a smaller economy, South Korea, with a GDP approximately half that of the UK, so presumably with far less clout. It also has the disadvantage of being 5000 miles from the EU rather than just 26 miles down a tunnel away. It is also out side that ever so important Single Market common regulatory area.
As a proportion of GDP Korea’s annual two-way trade with EU countries is 13.5% (almost $200 billion). This is a little under the UK’s 17% on the same basis. Despite having an economy half the size of the UK, the Koreans and the EU signed a free trade agreement in 2010 and a large number of import duties have been progressively slashed. Here we have it, a small country on the other side of the world, outside of the single market trading only slightly less with the EU then we do now…

http://order-order.com/2016/10/25/south-koreas-secret-access-to-single-market/

gfplux

"Pharmaceuticals fell 38pc, chemicals 23pc, and paper goods 15pc. “It’s amazing. If this persists, it will lead to fewer jobs in Sweden,” said Andres Hatzigeorgiou form the Stockholm Chamber of Commerce, speaking to Dagens Industri".

I assume that the shortage of Pharmaceuticals, chemicals and paper goods will be made up by British Company's.
Does anyone know what those products are?

gfplux

Hornby likely to bring production of trains and Airfix back to Britain.

http://www.independent.co.uk/news/business/news/hornbys-prices-are-chugging-higher-as-brexit-obstructs-the-tracks-a7379121.html

It looks the only way to save the Company.

ruggedtoast

Brexitits and their ilk didn't vote Leave because they were mildly dissatisfied with a trade situation which few of them understand or have any direct involvement with.

They voted Leave because they were extremely dissatisfied with the presence of foreigners on their sacred little island and hoped this would drive them back into the sea, or wherever else they think foreigners come from.

Kudos for not even being able to spell 'thick' by the way, Conrad. Pretty much sums up your 'movement'.

mrginge

wymondham wrote: »

This time in a few years we'll be wondering what all the fuss was about and why we didn't do it sooner.... its all a bit like going self employed after a lifetime of clocking in - scary, but liberating!

Mayo will still be crying like a big sulky baby though.

cogito

David_Aston wrote: »

I'm not sure that we of the 48% should be referred to as a cult. Very large minority, perhaps.
I don't know if many, or any of us have changed our minds about Brexit. I'm pretty certain that many brexiters voted as a two fingers up to the Establishment protest. Perhaps these voters comprised a large proportion of the four million who signed the petition for another referendum?
It's true, we don't know how it is going to pan out, it is so early, there is no reason for either side to have changed their minds about how they voted. That is, those who gave it some serious thought beforehand of course.
Is there much point in starting threads or adding to existing ones, each time some crumb appears to have been dropped off the World Affairs table, indicating justification for one side or the other?
Can't we just put everything on hold, and agree that in say, ten years time, we all come back on here, and either we, or you then apologise for our voting actions in June of this year!

There may well have been voters who voted out as a two fingers to the establishment. Equally, I have no doubt that there were voters who voted to remain because of fear of change. People like my mother in law who voted to stay in because as she put it, she didn't know what to do. She had no answer when I asked why she didn't abstain.

Fact is that a majority voted out and that's what we have to accept.

The_Last_Username

gfplux wrote: »

Hornby likely to bring production of trains and Airfix back to Britain.

http://www.independent.co.uk/news/business/news/hornbys-prices-are-chugging-higher-as-brexit-obstructs-the-tracks-a7379121.html

It looks the only way to save the Company.

Sad, however more a result of changing times than of Brexit..

Hornby were in trouble well before the lower pound and Brexit:
https://www.theguardian.com/business/2016/feb/15/hornby-boss-richard-ames-quits-third-profit-warning-five-months

It is also not the first time they've been in trouble.

They were sold to Triang in 1964 after near-bankruptcy.
Then (under Mecanno owners Lines Bros Ltd) they did go bankrupt in '71, being sold again.
They went public in '86 and moved production completely to China by '99 - which many enthusiasts the world over reckon was their biggest mistake.

Anyway, this isn't (or at least certainly not totally) as a result of Brexit; it is the result of changing trends in play.
Children nowadays have all sorts of electronic wizardry and simulation at their fingertips.
Why play with an old-fashioned toy that takes ages to set up before you play when you can be engaged in much-more realistic experiences on your tablet/console/phone?

Sapphire

All I can say is that the more threats and hostile rhetoric I hear from people like Junker, Schultz, Tusk and that scarily ugly Belgian fellow, the more strongly I feel that we must get out of the EU as soon as possible. It just confirms to me that I was absolutely correct in voting the way I did. Sovereignty and democracy are obviously not what these EU bureaucrats have in mind – and that is my primary concern. I actually feel outraged about their behaviour, and about this idea of a German superstate being forced on the people of European nations without them having been permitted to vote on such a project, and about it being introduced by stealth. Ultimately, it will never work due to the individuality and long histories of many of the nations concerned, and is likely to have the effect of bringing war to the continent (there are already signs of that).

ukcarper

I voted remain and if we get a good deal including passporting I'll say great but time will tell. I have accepted that we will leave since the result and am now waiting to see what happens, but I don't see why I should be happy with result just all you brexiters would not be happy if the vote had gone the other way. Just as many of you would be moaning and asking to leave as there are as so called remoaners in fact before votes came in and it looked like remain was going to win Farage was already getting into gear .

StevieJ

The question of a second referendum was raised by Mr Farage in an interview with the Mirror in which he said: "In a 52-48 referendum this would be unfinished business by a long way. If the Remain campaign win two-thirds to one-third that ends it."

http://www.bbc.co.uk/news/uk-politics-eu-referendum-36306681