We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
If we vote for Brexit what happens
Comments
-
Miserable sods. Talks about a self-fulfilling prophecy.0
-
Anyone here care to explain the benefits of the SM in very accurate terms, not in grandiose abstraction?
You can locate your company in the UK to service the entire Single Market and it's inside the single market for the purposes of moving products around, customs duties, people, etc.
Broadly the same ease of doing business as if you were locating a part of your company in Wales to service England.
So lots of companies do just that. Locate here to service all of Europe, creating jobs and tax revenues for the UK, that we would not have if we were not inside the single market.
To use a practical example, you can build the engine for a car in England, the body in Spain, the seats in France, assemble them all in Belgium, and sell the cars in Germany - and there is no customs paperwork, import duties, work-visa requirements, etc, involved in moving your component parts or products or people around your business.
This enormously reduces costs and makes it cheaper to sell products.
If the UK leaves the single market then over time some companies will stop investing in their plants here and start to run them down with a view to exiting the UK in due course - as in the long term it's simply cheaper and more efficient for them to have that production capability inside the Single Market than outside it.
That results in lost jobs and tax revenues for the UK.Tell me how for example Japan is hampered by not being in the SM with regards its exports into the EU.
The obvious example is Services exports to the EU.
Japan currently exports around £12bn in services to the EU per year but buys nearly double that from them, resulting in a material Services trade deficit.
The UK exports around £90bn in services to the EU per year resulting in a significant Services export surplus, we sell more to them than we buy from them.
The UK is enormously dependant on it's services industry.
83% of UK jobs are in services and it makes up 70% of GDP.
Without our trade surplus from services the UK trade deficit would double overnight... And the EU is our single biggest services 'export-surplus' market.
Not a single country has a full free trade agreement for services with the EU and being within the Single Market gives us an enormous advantage in that field.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
It isn't hampered. But Japan has had time to tune itself up so as to survive without being member of a sophisticated protection racket. The U.K. still needs time. By the the time we leave properly, the EU itself will look quite different too.Anyone here care to explain the benefits of the SM in very accurate terms, not in grandiose abstraction?
Tell me how for example Japan is hampered by not being in the SM with regards its exports into the EU.0 -
mrlegend123 wrote: »China is going down the pan, it will hopefully take the UK with it.
You lot are sad individuals. Have you got families or anyone you love?0 -
It isn't hampered.
Japan's services industries would disagree with you.
Remind me again - what percentage of the UK economy is Services?“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
whats the right balance of home produced goods and services
Complicated but David Ricardo had a crack at it.
http://iang.org/free_banking/david.html'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
Top economists must be sad then......the truth hurts. You need to educate yourself Glasgowdan about money markets and how the world operates in this current climate. Stop insulting people about their opinions!!!
I know Scotland's education system is not the same as rest of the United Kingdom. It is simply mathematics - total bank assets minus total bank debt equals a massive negative number. There is 7 times more debt floating around the world than 2009. I am being realistic, it will come back to earth one day!!! Like I said before
Banking Regulations + Next Financial Crisis (derivatives???) = Sovereign Debt Crisis.
This thread is about discussing the implications about brexit etc.
The world is trying to deflate but we are keeping trying to pump it up. If I was buying a house in the near future, I would think twice.....This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
Glasgowdan - you have not backed up your agruement using current data or facts. I know why....because you havnt got any!
You live in a fantasy world. The fantasy world of SNP.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
mrlegend123 wrote: »Glasgowdan - you have not backed up your agruement using current data or facts. I know why....because you havnt got any!
You live in a fantasy world. The fantasy world of SNP.
Could argue where are your current facts? or just opinion?Official MR B fan club,dont go............................0 -
HAMISH_MCTAVISH wrote: »The UK exports around £90bn in services to the EU per year resulting in a significant Services export surplus, we sell more to them than we buy from them.
We sold £120Bn of services to countries not in the EU.
We'll sell more when we do our own trade deals. The EU never bothers with services when negotiating trade deals because there's no profit in it for them. We will.
Of course the EU can decide not to allow us a good trade deal in services, but that would be counter productive.
If I don't reply to your post,
you're probably on my ignore list.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.7K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards