If we vote for Brexit what happens

Rinoa

.string. wrote: »

No attempt to refute the serious points raised by mayonnaise I see.

For example (related to the last post I responded to):
An issue worth discussing: For example all existing standards are indeed incorporated into British Law. As EU law changes they will have to be changed by us according to the timetable dictated by the EU.

But it's more complex than that because we cant assume that our multitude of bilateral agreements will all follow EU Law. The likelihood is that teach bilateral agreement with a different country will have its own standards, so we are faced with an explosion of different laws.

Not sure what the problem is here.

We can employ whatever standards we want when we leave the EU, just like every other country does.

If you're a factory owner making widgets and you sell them to the EU, then they will need to comply with EU regulations, if you sell widgets to the US then they have to comply with US regulations, if you sell them to Australia they have to comply with Oz regulations.

All of which happens right now anyway.

Rinoa

michaels wrote: »

And Moody's? Do they have some VI meaning they have not given an honest assessment of the impact?

Oh, hadn't seen the Moody's report.

"Our central view is that the negative economic impact of Brexit would be relatively small," the credit agency said.
As a result, Moody's would "not expect to see significant increases in unemployment or [interest] rates, or substantial declines in property prices across the UK as a whole".

http://www.bbc.co.uk/news/uk-politics-eu-referendum-35862774

Of course, just like every other report, they have to make assumptions which may or may not be accurate. But it does display an element of logic which appears to be missing from your average 'project fear' dross.

mayonnaise

Rinoa wrote: »

Oh, hadn't seen the Moody's report.

http://www.bbc.co.uk/news/uk-politics-eu-referendum-35862774

Of course, just like every other report, they have to make assumptions which may or may not be accurate. But it does display an element of logic which appears to be missing from your average 'project fear' dross.

Is that the same Moody's who gave Iceland a AAA rating until just before their banking system went tits up?

Generali

mayonnaise wrote: »

From The Sun and The Daily Express among stories about Madonna's meltdown over Rocco, Catherine Zeta-Jones' comeback and vouchers for Toby Carvery.

....and the kittens?????????

Sheesh.

Generali

mayonnaise wrote: »

Is that the same Moody's who gave Iceland a AAA rating until just before their banking system went tits up?

Was Iceland AAA? I can accept that the agys fkd up the GFC but I'm not sure Iceland was AAA (although I am sure they were investment grade).

CLAPTON

Generali wrote: »

Of course it does. Everything proves your point.

At least the Scots Nats provide a link to something that doesn't matter. Maybe a picture of a kitten or a poll on pot noodles.

I want kittens dammit.

my point was that there are some countries that are poorer and some that are richer that aren't in the EU
why do you so vehemently disagree with something so obviously true?

antrobus

Generali wrote: »

Was Iceland AAA? I can accept that the agys fkd up the GFC but I'm not sure Iceland was AAA (although I am sure they were investment grade).

Let me have a look for you .....

Moody's Global Credit Research, 20 Aug 2007, Iceland, Goverment of.
http://www.sedlabanki.is/lisalib/getfile.aspx?itemid=9023

Looks like Aaa to me - "Healthy government finances, low public direct debt" - perfectly true I suppose, but things can change so quickly in these times.

mayonnaise

antrobus wrote: »

Let me have a look for you .....

Moody's Global Credit Research, 20 Aug 2007, Iceland, Goverment of.
http://www.sedlabanki.is/lisalib/getfile.aspx?itemid=9023

Looks like Aaa to me - "Healthy government finances, low public direct debt" - perfectly true I suppose, but things can change so quickly in these times.

Jan. 2008:
https://www.moodys.com/research/Moodys-Icelands-Aaa-ratings-at-a-crossroads--PR_148360

According to Moody's analysis, the Icelandic authorities would likely be able to fend off a liquidity crisis, protect depositors, and avoid payment disruptions, even in a quite extreme scenario

michaels

mayonnaise wrote: »

Is that the same Moody's who gave Iceland a AAA rating until just before their banking system went tits up?

Nonetheless in this case isn't their VI to be as accurate as possible rather than to support one side or the other of the arguement as has been the case for many of the 'reports' that have been published to date?

Moby

sturman wrote: »

I am not an economist nor an international security expert, Research scientist or International Trade expert , i'm knowledgeable in 1 or 2 fields in my life and everything else i form an opinion by Listening to experts,
Now the Brexit side for me have masses of Media coverage from Murdoch/DM/telegraph et al, Brexit has politicians galore but their opinions are not by the experts who deal with the issues,

The remain side have for example
IMF, OECD, G20, OBR, Bank of E Gov, CBI,TUC,NATO,BCC,TUC, NATO,National Farmers Union The Food and Drink Federation, Federation of Small Businesses , Motor Manufacturers association Federation, McCain, Obama,Royal Society of Science, Stephen Hawkins, 36 of the FTSE 100 etc

These organisations is what informs my opinion. Where do Brexit get their information from on any topic? Brexit just replies with "conspiracy theories"

Highly refreshing post!