If we vote for Brexit what happens

gfplux

Everyone, yes everyone from ALL sides need to look at these maps.
https://www.weforum.org/agenda/2016/08/these-4-maps-might-change-how-you-think-about-migration-in-europe/

Your original thoughts might be changed when you see this.

Tromking

Kohoutek wrote: »

Fair point. I don't endorse the silly predictions Cameron and Osborne made about the immediate consequences of the Brexit vote, but clearly it's very premature to say everything will be fine before we have left the EU. If Brexiteers are saying that, you have to question whether they are comfortable with their own decision.

The onus at the moment has to be on the Remainiacs to justify the myriad of dire predictions they were happy to hang their hat on before and since the Brexit decision. The benign economic data we've had so far has made fools out of most of them. When and if the UK goes to hell in a handcart it`ll be time for the Brexiteers to justify themselves. The positions of Carney and his mob at the BOE are in my opinion borderline untenable, the interest rate cut was hopelessly premature.

buglawton

setmefree2 wrote: »

http://www.bloomberg.com/news/articles/2016-08-19/brexit-bulletin-tech-calls-for-open-internet-borders

Couple of comments on the Bloomberg article.

"European Union could end up blocking digital traffic and stifling a fast-growing part of the British economy."
To which I say, bring it on! Let the EU mandarins (for it is they who would drive such an idea) try it so they can reveal the true character and intent of the EU top elite. We need to know more about what we are leaving behind, if only to feel even more vindicated.

"City Wants Swiss Model"
Hmm. With Switzerland's population being now nearly half non-Swiss, I'd say, good luck with that.

gfplux

These statistics should make us all rethink

https://www.weforum.org/agenda/2016/08/these-4-maps-might-change-how-you-think-about-migration-in-europe/

gfplux

Some thoughts on the value of Sterling.
Often there are strong economic reasons that a currency is "weak" or "strong"
Sometimes it is safe haven, just look at the Swiss Frank.
However we all have to deal with the exchange rate that we need to use weather for holidays or business.
Posters here can pontificate all they like about underlying factors but when you buy that beer in France you pay what you pay.
So while presently we live with a "weak" pound it still hurts.

buglawton

Some countries like China make things that require expensive imports and the slender margin is made on doing cheap assembly and manufacturing operations.

E.g. about the iPhone that's made in China:
http://www.forbes.com/sites/kenrapoza/2012/01/31/how-much-of-the-iphone-is-made-in-china/#1517f9cd17aa
“$10 or less in direct labor wages goes into an iPhone or iPad is paid to Chinese workers.”

The UK by contrast is strong in things like:
Farming, fish (if we didn't have to share all the rights with the EU), tourism, exporting education (foreign students), cultural exports like music & film, design- and IP led things (Dyson, Brompton, ARM, Rolls-Royce), financial services and professional services.

The significant thing is, as the £ falls, the input costs of the above list do not rise drastically. The UK can benefit disproportionately as a result of the lower £.

The_Last_Username

gfplux wrote: »

These statistics should make us all rethink

https://www.weforum.org/agenda/2016/08/these-4-maps-might-change-how-you-think-about-migration-in-europe/

Shall I tell you what the article & maps make ME think?

1/ They are based on already out of date or suspect (or both) data.
2/ They are described as "based on a study"; this could in effect mean anything - but does look at first glance and reading more like "loosely based".
3/ Just to confirm suspicion as to accuracy, right at the end of the piece are the words "This article has been corrected."

Eric_the_half_a_bee

gfplux wrote: »

Posters here can pontificate all they like about underlying factors but when you buy that beer in France you pay what you pay.
So while presently we live with a "weak" pound it still hurts.

The long term economic health of our nation is not determined by how expensive it is for British tourists to get !!!!ed.

Kohoutek

Tromking wrote: »

The onus at the moment has to be on the Remainiacs to justify the myriad of dire predictions they were happy to hang their hat on before and since the Brexit decision. The benign economic data we've had so far has made fools out of most of them. When and if the UK goes to hell in a handcart it`ll be time for the Brexiteers to justify themselves. The positions of Carney and his mob at the BOE are in my opinion borderline untenable, the interest rate cut was hopelessly premature.

The onus should be on the politicians who made those predictions, not everyone who supports the UK staying in the EU.

To say that the argument that Brexit is benign economically for the UK has been vindicated less than two months after the vote and more importantly before the UK has left the EU is simply deluded.

CLAPTON

gfplux wrote: »

Some thoughts on the value of Sterling.
Often there are strong economic reasons that a currency is "weak" or "strong"
Sometimes it is safe haven, just look at the Swiss Frank.
However we all have to deal with the exchange rate that we need to use weather for holidays or business.
Posters here can pontificate all they like about underlying factors but when you buy that beer in France you pay what you pay.
So while presently we live with a "weak" pound it still hurts.

once again displaying your total commitment to learning nothing.