If we vote for Brexit what happens

Crashy_Time

http://s48.photobucket.com/user/vsaumarez/media/image_zpsqsuwnizh.png.html

mayonnaise

mrginge wrote: »

Come on mate you should know the way this works by now.

Bad news = all because of brexit
Good news = the bad news hasn't filtered through yet.

No, you got it all wrong, mate.

Good news = vindication of pro-brexit economists
Bad news = not enough data points to have a trend

Tromking

http://www.bbc.co.uk/news/world-europe-37133037

Opel/Vauxhall in Germany cutting hours for its workers over Brexit fears.
All adds grease to the upcoming Brexit negotiations elbow.
We Brits love German built cars.
Like Ford, GM seem to have made a fundamental mistake in moving or concentrating their car production away from one of their biggest markets.

Conrad

Kohoutek wrote: »

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.

Osbourne said we'd need an immediate emmergency budget, that we'd see a rapid £30 bn hole open in public finances, that interest rates would jump and home prices rapidly tumble. Remain gave plenty of other IMMEDIATE post referendum vote doom sayer warnings, all total hogwash yet I see the remaining deluded Bremoaners keep on being blinded by cult allegiance, utterly incapable of calm evidence based rationale

I'm starting to feel sorry for these people having to confront such unsettling cognitive dissonance. Again read my lips, trade with EU cannot and will not be hampered, everything will go on as before only better as the UK tiger regains her global attitude and nimble self Governing autonomy

Conrad

Bremoaners, the SM provides questionable and fairly benign commercial advantages accross the UK economy as a whole. We will of course bring about a pretty decent perfectly acceptable British deal, what the hell are you lot so afraid of, it's mind blowing you are so profoundly hypnotised

Are you genuinely unable to recognise the fact we will pull off rapid and far better trade deals globally but that even without any trade deals we will prosper very well? You understand trade deals aren't really all that, right?

Thrugelmir

buglawton wrote: »

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 £.

Why does the trade gap continue to widen to ever more dangerous levels?

There's only so many assets to sell to raise the capital to fund the gap. Appears Easyjet may be the next target to fall prey to a takeover.

Kohoutek

Conrad wrote: »

Osbourne said we'd need an immediate emmergency budget, that we'd see a rapid £30 bn hole open in public finances, that interest rates would jump and home prices rapidly tumble. Remain gave plenty of other IMMEDIATE post referendum vote doom sayer warnings, all total hogwash yet I see the remaining deluded Bremoaners keep on being blinded by cult allegiance, utterly incapable of calm evidence based rationale

George Osbourne don't represent the views of everyone who voted Remain, just like Nigel Farage in relation to those who voted Leave.

If you really think the impact of Brexit can be called as benign before we have implemented Brexit, then I would suggest you don't really believe in withdrawing from the EU.

Tromking

Kohoutek wrote: »

George Osbourne don't represent the views of everyone who voted Remain, just like Nigel Farage in relation to those who voted Leave.

If you really think the impact of Brexit can be called as benign before we have implemented Brexit, then I would suggest you don't really believe in withdrawing from the EU.

Your attempts to distance yourself from the people who were predicting economic Armageddon three months ago is noted.
However you're misunderstanding this argument, the mere threat of Brexit was supposed to cause an immediate negative economic effect.
This patently hasn't happened anywhere near to the levels predicted.
Most Brexiteers I know are happy to wait till real Brexit happens before they claim vindication, but it wasn't them claiming the aforementioned post referendum downturn was it?

Shakethedisease

UK financial sector targets Swiss-style deal for EU market access

Finance grandees admit that universal access to the single market is politically impossible


The City of London has given up hope of universal access to the EU single market and is now seeking a bespoke deal for its different sectors to trade with Europe, with similar but stronger ties than Switzerland....

..The City has come to the conclusion that a deal for the UK to emulate Norway’s relationship with the EU is very difficult both politically and practically. Norway has access to the single market but no say in how regulations are set. It must both accept free movement of people and make budgetary contributions. Instead, there is a preference for a unique trade deal, building on Switzerland’s arrangement.

https://www.ft.com/content/5cebe746-655a-11e6-8310-ecf0bddad227


Full article at link. A 'Hard Brexit' then ?

A_Medium_Size_Jock

Shakethedisease wrote: »

https://www.ft.com/content/5cebe746-655a-11e6-8310-ecf0bddad227


Full article at link. A 'Hard Brexit' then ?

As I posted in another thread:

Hmm ........... begs the question then why Deutsche Boerse's shareholders are so keen to merge with the LSE - above 89% in favour shows that THEY do not believe the future to be a great problem.
No point in a stock exchange with no business to exchange, is there?
Why buy a business that is supposedly doomed ?

http://www.telegraph.co.uk/business/2016/08/17/london-stock-exchange-merger-now-heads-to-the-regulators-as-deut/

More inconsequential guesswork, in other words.