If we vote for Brexit what happens

mayonnaise

Conrad wrote: »

Sharp rise in the construction PMI for May, up to a lively 56 from 53.1 last month.


Overtime the gloom brigade gets excited by another doom forecast, awkward positive FACTS get in the way.

Markit PMI indices are based on surveys, not FACTS.

If you want FACTS, here's a FACT for you.

UK now the worst-performing advanced economy in the world after post-Brexit vote slump

Canada became the last G7 nation to report figures on Wednesday, confirming the UK’s position at the bottom of the list

http://www.independent.co.uk/news/business/news/uk-worst-performing-advanced-economy-world-post-brexit-slump-election-pound-sterling-a7766286.html

Conrad

mayonnaise wrote: »

UK now the worst-performing advanced economy in the world after post-Brexit vote slump

By your logic, when we were outperforming Germany, France etc over the last year this MUST mean their poor performance was down to EU membership?

mayonnaise

Conrad wrote: »

By your logic, when we were outperforming Germany, France etc over the last year this MUST mean their poor performance was down to EU membership?

We were outperforming other EU economies (aka the Brexit Boom) solely by taking on ever increasing amounts of unsecured debt, while household savings were being whittled down to their lowest levels since records began. That's another FACT for you.

always_sunny

kabayiri wrote: »

I think we will end up going to Asia more for technology talent. In fact, there are Indian companies now looking to extend their interests in UK, not reduce them.

There's money to be made there.

Of course they're looking to extend their interests in the UK, their goals is to make money.
The likes of Wipro, Infosys, etc were the first one to complain about revised visa rules in the UK for their employees and that is exactly what India is requesting as part of a Brexit-deal.

cogito

mayonnaise wrote: »

We were outperforming other EU economies (aka the Brexit Boom) solely by taking on ever increasing amounts of unsecured debt, while household savings were being whittled down to their lowest levels since records began. That's another FACT for you.

Here's another fact for you. If elected, your mate Corbyn will borrow another £250,000,000,000. He told us so himself.

mayonnaise

cogito wrote: »

Here's another fact for you. If elected, your mate Corbyn will borrow another £250,000,000,000. He told us so himself.

With our national debt increasing over £500,000,000,000 since 2010, that would be a marked improvement on the current lot.

A_Medium_Size_Jock

gfplux wrote: »

Here is a question and answer paper about the European Medicines Agency.
It will be leaving Britain due to Brexit.

http://www.ema.europa.eu/docs/en_GB/document_library/Other/2017/05/WC500228739.pdf

I urge everyone to NOT BOTHER about it. It is a boring document, a total mystery to anyone not involved in the industry.
Those in the pharma industry have commented it will mean job losses. What do they know.

Should you - as a European - not be more concerned about say the prospect of many thousands of jobs being lost in Italy's steel industry and indeed across Europe?
Especially since you recently extolled the virtues of Luxembourg steel.
Will this not affect that industry then?
https://www.thelocal.it/20170531/up-to-40-percent-of-jobs-could-be-slashed-at-italys-ilva-steelworks

Steelmakers in Europe have written to EU leaders urging them not to burden the industry with extra carbon emissions costs they say would make them uncompetitive against foreign rivals and raise the risk of job losses and plant closures.

http://www.reuters.com/article/us-carbontrading-steel-idUSKBN18P0Q3

Zero_Gravitas

Conrad wrote: »

Why are you asking how things will affect me personally? Uppermost in my mind is the good of the nation as a whole, not my petty little life.


Obviously if I was to take the self-interested line I might opt for status quo and Remain, but I'm not built that way.


As to capital at risk - well I have properties and pension and ISA's (1 current, some frozen). IMO Brexit will enable the UK to thrive better as we will benefit from full local autonomy and tailor made policy, as well as being far more nimble and able to exploit opportunity compared with being shackled to Brussels.
I'm self employed, so am as exposed to economic turbulence as the next man.


My eldest is 17 and soon to embark on the world of work so I'm very much attuned to national outcomes for the benefit of us all, not just my petty little existence.


You ask what opportunities I will be seizing - well just to carry on investing really, and IF I have the bottle open another business my kids might want to be in on - a healthy takeaway outlet for example (business commuters coming off train picking up healthy hot meals as opposed to kebab / Chinese / Pizza)

Funniest post of 2017 by a significant margin...

always_sunny

A_Medium_Size_Jock wrote: »

Should you - as a European - not be more concerned about say the prospect of many thousands of jobs being lost in Italy's steel industry and indeed across Europe?
Especially since you recently extolled the virtues of Luxembourg steel.
Will this not affect that industry then?
https://www.thelocal.it/20170531/up-to-40-percent-of-jobs-could-be-slashed-at-italys-ilva-steelworks

http://www.reuters.com/article/us-carbontrading-steel-idUSKBN18P0Q3

Can you read Italian news? If so, the Ilva drama-rama has been going on for ages.
The plant in question is polluting so much that dioxin is found in food and the town has worrying health rates. So yes, it should be closed.

Do you think this plant should be kept open? No need for an Italian remake of Erin Brockovich!
Don't worry, there are products made in that region available in the UK.

A_Medium_Size_Jock

always_sunny wrote: »

Can you read Italian news? If so, the Ilva drama-rama has been going on for ages.
The plant in question is polluting so much that dioxin is found in food and the town has worrying health rates. So yes, it should be closed.

Do you think this plant should be kept open? No need for an Italian remake of Erin Brockovich!
Don't worry, there are products made in that region available in the UK.

Oh indeed the drama has been ongoing ........... however I do note you failed to comment upon the more general EU report regarding EU emissions and prospective job losses as a result.
Why is that?