If we vote for Brexit what happens

A_Medium_Size_Jock

davomcdave wrote: »

This is playing out exactly as I expected it would. Car crash Brexit is what's going to happen. If you apply WTO rules to imports then the UK's supply chains which are completely interwoven with the single market are FUBAR'd and the financial sector is badly wounded.

You heard it here first.

You are as entitled to your thoughts as anyone else.
"Car crash Brexit" though?
Get a grip.
If you are as you profess an economist, what are your thoughts on this from the Adam Smith Institute?
And where I wonder would you place yourself on the scale in the first quote?

"It feels like the referendum debate has never ended. On one side we have around 10% some extremely die-hard leavers, who refuse to accept there could be any difficulty on leaving the European Union. And then there is 10% extremely die-hard remainers who refuse to admit there would be any benefits from leaving the European Union.
"In the middle, I think, is the rest of us — 80% who accept the result and want to make Brexit work but also want to acknowledge that it is not necessarily going to be an easy ride."

"I think employment is likely to be quite strong. It is unlikely that [Brexit] will cause any large scale unemployment. even in a very, very pessimistic outcome — the reason for that being the pound has absorbed most of the costs, meaning that we effectively have real term wage cuts and our purchasing power falls but people become more employable as a result. So there are good and bad [aspects] to the fall in the pound."

http://uk.businessinsider.com/adam-smith-institute-brexits-impact-on-the-pound-uk-economy-jobs-2017-4?r=US&IR=T

davomcdave

A_Medium_Size_Jock wrote: »

You are as entitled to your thoughts as anyone else.
"Car crash Brexit" though?
Get a grip.
If you are as you profess an economist, what are your thoughts on this from the Adam Smith Institute?
And where I wonder would you place yourself on the scale in the first quote?




http://uk.businessinsider.com/adam-smith-institute-brexits-impact-on-the-pound-uk-economy-jobs-2017-4?r=US&IR=T

Don't be so sanctimonious. I am allowed to express my opinion snowflake.

I put myself firmly in the 80%. The UK has made a terrible wrong turn but it's down a one way street. My opinion is that you'll spend the next two years arguing round in circles and then quit with no substantial agreement in place. At that point the long and complex supply chains that have been set up over the last 25 years become at very high risk of being cut or, as Guinness will find, expensive to maintain. That is what I call car crash Brexit. You can call it Steve for all the difference it makes to me.

You've made a right mess of things and you're strutting around like you won. I'd read up on Pyrrhus if I were you as I don't think Britain can take too many more victories.

A_Medium_Size_Jock

davomcdave wrote: »

Don't be so sanctimonious. I am allowed to express my opinion snowflake.

I put myself firmly in the 80%. The UK has made a terrible wrong turn but it's down a one way street. My opinion is that you'll spend the next two years arguing round in circles and then quit with no substantial agreement in place. At that point the long and complex supply chains that have been set up over the last 25 years become at very high risk of being cut or, as Guinness will find, expensive to maintain. That is what I call car crash Brexit. You can call it Steve for all the difference it makes to me.

You've made a right mess of things and you're strutting around like you won. I'd read up on Pyrrhus if I were you as I don't think Britain can take too many more victories.

You call me sanctimonious and then snowflake?
:rotfl:
I'm not going to be drawn further into argument with someone so obviously certifiable as your quoted post suggests.

And as I see you attempt in other threads too, being pointed out by others.

kabayiri

vivatifosi wrote: »

That's as maybe but these are the same people that not that long ago said that they could offer citizenship to remainers. If they keep blowing hot and cold and we end up with a bad deal, I can see a lot of people selectively boycotting European goods. That would hurt the EU more than any action by Madagascar.

It's obvious that we should be good neighbours. That we are next door neighbours should be enough seal that, not political posturing.

It wasn't that long ago that Mario Draghi said that people over in the EU still resented the rebate that Maggie T negotiated back in the '80s.

The EU is a club, and pretty much like any club there is a way to manipulate it. The CAP is an excellent example of the French putting their own interests first.

Brexit could easily result in bad blood for a generation or more. I'm afraid this is what you get when you have politicians with over-sized egos.

davomcdave

A_Medium_Size_Jock wrote: »

You call me sanctimonious and then snowflake?
:rotfl:
I'm not going to be drawn further into argument with someone so obviously certifiable as your quoted post suggests.

You chuck accusations and insults around and as soon as someone stands up to you you limp off with your tail between your legs.

You and the rest of your merry gang have really screwed things up. Look into supply chains and understand how they work in the C21st and you might understand why. Maybe next time you'll think before you vote.

A_Medium_Size_Jock

kabayiri wrote: »

It wasn't that long ago that Mario Draghi said that people over in the EU still resented the rebate that Maggie T negotiated back in the '80s.

The EU is a club, and pretty much like any club there is a way to manipulate it. The CAP is an excellent example of the French putting their own interests first.

Brexit could easily result in bad blood for a generation or more. I'm afraid this is what you get when you have politicians with over-sized egos.

Too true, and the EU has so many of those besides Draghi.
Verhofstadt.
Junckers.
Tusk.
Barnier.
Etc. etc. etc.

kabayiri

davomcdave wrote: »

...
You and the rest of your merry gang have really screwed things up. Look into supply chains and understand how they work in the C21st and you might understand why. Maybe next time you'll think before you vote.

Since when did ordinary individual voters get to set UK-wide referendum questions?

If you look to apportion blame, perhaps start with a bunch of politicians trying to offer a populist vote they thought could only go one way.

People simply liked the message from Team Leave more. It isn't my fault that Team Remain were inept, or that the EU couldn't offer a deal to Cameron worth anything more than a german sausage.

On the upside, we might get to keep a bunch of fiscally irresponsible Labour politicians out of power for a decade or more!

There's always an upside

mrginge

davomcdave wrote: »

You chuck accusations and insults around and as soon as someone stands up to you you limp off with your tail between your legs.

You and the rest of your merry gang have really screwed things up. Look into supply chains and understand how they work in the C21st and you might understand why. Maybe next time you'll think before you vote.

I did have a good long think but nobody told me about supply chains.

Oh well never mind.

davomcdave

mrginge wrote: »

I did have a good long think but nobody told me about supply chains.

Oh well never mind.

As everything you consume comes from a supply chain then you'd do well to understand it. Too late now of course but maybe you could avoid making things even worse.

mrginge

davomcdave wrote: »

As everything you consume comes from a supply chain then you'd do well to understand it. Too late now of course but maybe you could avoid making things even worse.

No I haven't got time to be bothered with things like that.