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If we vote for Brexit what happens

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Comments

  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Cameron lied, Osborne lied, Johnson lied, even May lied.

    Seems to be a link. It's not a remainer/ leaver thing obviously. It'll come to me I'm sure.
  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    Keep up?
    Ha ha ha ........ when you don't even realise that the whole point of the link was that none of the included "immediate" threats have so far happened?
    I guess it went straight over your head, eh?
    Okay, one last try.

    https://www.gov.uk/government/news/britain-to-enter-recession-with-500000-uk-jobs-lost-if-it-left-eu-new-treasury-analysis-shows
    The impact of a vote to leave the EU: shock scenario
    In the ‘shock’ scenario, which uses cautious assumptions and links the size of the transition effect to the central estimate of the UK adopting a negotiated bilateral agreement with the EU, GDP would be around 3.6% lower after two years compared to the forecast for continued growth after a vote to remain. Average real wages would be nearly 3% lower, which is a pay cut of almost £800 a year for someone working full time on the average wage.

    500,000 UK jobs would be lost and the value of the pound would fall by around 12%.
    The impact of a vote to leave the EU: severe shock scenario
    In the ‘severe shock’ scenario – which represents a credible risk - the size of the transition effect is linked to the estimate of Britain leaving the Single Market and defaulting to WTO membership.

    After two years GDP would be 6% lower and 800,000 UK jobs would be lost, compared to a vote to remain. The value of the pound would fall by 15% and there would be a further increase in inflation of 2.7 percentage points, with a hit to the value of people’s homes of 18%.
    https://www.gov.uk/government/news/britain-to-enter-recession-with-500000-uk-jobs-lost-if-it-left-eu-new-treasury-analysis-shows

    Which bit exactly of 'after 2 years' do you not understand?
    Don't blame me, I voted Remain.
  • mayonnaise wrote: »
    Which bit exactly of 'after 2 years' do you not understand?

    Oh dear.
    Is simple comprehension really SO difficult for you?

    Okay, as simply as possible since needs must:

    Threats.
    Immediate.
    Have not happened.
    Why believe other threats?
    Two years?
    When can't get "immediate" right.

    Does THAT help, Mayo?
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    edited 16 November 2016 at 7:33PM
    mayonnaise wrote: »
    Yes, it's from May.
    It was the quote Conrad referred to.
    Please keep up.

    No, the quote is word for word from Andrew Neil today on DP himself quoting a TREASURY document. See if you can find the correct document Andrwe Neil is quoting from, it's not like him to mis quote.

    You then refer to a George Osbourne quote, I never mentioned him.

    Either way, another example of the primal fear garbage you lot fell for hook line and sinker.
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    mayonnaise wrote: »

    Also the inputs into the Treasury modelling have been examined by two televised Treasury Select Committes and dismissed out of hand as nonsense merely to suit the political agenda of the day

    Why do you keep ignoring this? Watch the Treasury S C on iplayer, the one which grilled Hammond. Was about three or four weeks ago I think
  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    edited 16 November 2016 at 8:17PM
    Thrugelmir wrote: »
    Seems more of a sales pitch. The exchange rate hasn't been this good for some time. ;)

    I assume you are suggesting a sales pitch by "foreign EU" University's.
    Just so you are aware the cost of a Batchelor degree in Country's like FRANCE, Germany, Belgium, Holland and Luxembourg have for many years been cheaper than the UK.
    While the cost in England was +/- £3000 per year compared to €300-€500 in the above Country's the attraction of England still meant many choosing to pay the higher figure.
    However now the difference £9000 to €500 per year together with uncertainty over Brexit will mean many EU Foreigners choosing NOT to study in England.
    There are similar price differences for a Masters
    The above prices of course exclude medicine and dentistry.


    The result that there will be many less EU Foreigners living and studying in England will be seen by some as a positive.
    A further positive is this will mean more places for British students and wealthy non EU Foreigners from the Middle East, Latin America and the Far East.
    There will be no Brexit dividend for Britain.
  • In which case gfplux I refer you to a post above:
    cogito wrote: »
    Considering that the UK has seven of the top ranked universities in the world's top thirty and the EU doesn't have any, they are clearly not bothered about having the best education.

    One thing remains certain: UK University places will remain filled.
  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    edited 16 November 2016 at 8:37PM
    In which case gfplux I refer you to a post above:


    One thing remains certain: UK University places will remain filled.

    You are perfectly correct. If we talk about the elite I would agree that the top 1-5% of University's will still attract the top 1-5% of bright students particularly if their parents are in the top 1-5% in wealth.

    There is also a great hunger from very high net worth families in the Middle East, Latin America and the Far East for their children to be educated in England.

    While there may be plenty of places available from what I have read (and please reassure me) there are questions being asked by British students about the value and benefit of a Degree coupled with a large debt.
    This will only leave more spaces for high net worth non EU foreigners.
    There will be no Brexit dividend for Britain.
  • Ballard
    Ballard Posts: 2,983 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    Conrad wrote: »
    In relation to the IMPRESSION given by the Govt and opposition with regards the central claim ‘THIS IS YOUR DECISION’;

    Advertising Standards Agency Rules;

    ‘The ASA will take into account the impression created by marketing communications as well as specific claims. It will rule on the basis of the likely effect on consumers, not the marketer's intentions’.


    Marketing communications must not materially mislead or be likely to do so.


    3.3Marketing communications must not mislead the consumer by omitting material information. They must not mislead by hiding material information or presenting it in an unclear, unintelligible, ambiguous or untimely manner.





    https://www.cap.org.uk/Advertising-Codes/Non-Broadcast/CodeItem.aspx?cscid={61a03caa-6750-498d-8732-68d55c0752fd}#.WCx-KMt745s

    That's all good and well but it was reported at the time that election campaigning is not within the jurisdiction of the ASA so it doesn't matter what their rules are.

    Edit https://www.asa.org.uk/News-resources/Media-Centre/2014/Political-advertising.aspx#.WCy2GYXXLVI
  • gfplux wrote: »
    You are perfectly correct. If we talk about the elite I would agree that the top 1-5% of University's will still attract the top 1-5% of bright students particularly if their parents are in the top 1-5% in wealth.

    There is also a great hunger from very high net worth families in the Middle East, Latin America and the Far East for their children to be educated in England.

    While there may be plenty of places available from what I have read (and please reassure me) there are questions being asked by British students about the value and benefit of a Degree coupled with a large debt.
    This will only leave more spaces for high net worth non EU foreigners.
    Questions regarding the "large debt" have long been a concern to some.
    However the simple fact is that loans are not even started to be repaid until earnings are over £21k pa., and then at 9% of anything above that ammount each year.
    http://www.thescholarshiphub.org.uk/blog/student-loan-repayment-0
    Further, if the loan remains unpaid after 30 years it will be written off.

    IMHO it at last concentrates students more upon degrees which have real worth, rather than (as in the recent past) degrees of little worth in the "real world".
    Nothing concentrates the mind better than spending your own money IMHO. ;)
    http://www.telegraph.co.uk/education/2016/04/14/too-many-universities-teach-pointless-degrees-that-offer-nothing/

    http://coursefindr.co.uk/articles/top-ten-employable-degrees/
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