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If we vote to Remain what happens?
Comments
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Do you think the EU will encourage the UK to join the Euro then?
There might not be a lot of love about amongst the public for the EU, but I suspect there's even less for the Euro.
What's the biggest gain if we join?
I was referring to the acknowledgement that the EU has more than one currency and that the GBP is one of them. I doubt they would discourage us but unless they are given any indication we would will let matters lie. I think they have enough problems with the Euro.Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.0 -
Malthusian wrote: »Absolute nonsense, the EU spends hundreds of millions a year on public relations. According to one (admittedly partisan) estimate the EU spends more on promoting itself than Coca-Cola. We've all had pro-EU leaflets pushed through our letterboxes (if you don't remember them it's because they went straight in the bin) and if you have children at school they will almost certainly have been on the receiving end of some "educational" material to tell them how great the EU is.
Is this more Brexit mis-representation?Coca-Cola spends $565 million on advertising in the U.S., according to Ad Age Datacenter. The company reported spending $3.3 billion on advertising globally in 2013.
http://adage.com/article/cmo-strategy/coca-cola-maintains-marketing-spend-amid-sluggish-demand/294251/
It was $3.5m in 2014.....
http://www.investopedia.com/articles/markets/081315/look-cocacolas-advertising-expenses.asp
The DT quotes a figure of £500m and then quotes unsourced figures from a pro- Leave organisation called Business for Britain with much larger figures. Where did they come from?Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.0 -
I was referring to the acknowledgement that the EU has more than one currency and that the GBP is one of them. I doubt they would discourage us but unless they are given any indication we would will let matters lie. I think they have enough problems with the Euro.
My worry is the stability of the Euro and the Eurozone. If UK adoption of the Euro meant more stability then this is a good thing, yes?
Back in '99 I was working on the implications of adopting the Euro for one of our big banks (technical systems implications). We got to speak to European colleagues and they seemed generally in favour of us joining.
You're more to the left I think Bob. I believe Labour and SNP have people who are fans of the Euro. Do you think we should adopt it?0 -
Please stop putting words into my name I have not written. It is not difficult but the idea that a trade deal can be done just like that is the case as you well know.
Germany has no problems trading with China and is more successful at it that we are. Are they trying to leave the EU?
that's good , so you are now saying there is no particular problems in establishing trade relations as Germany manages quite well.0 -
I never said we did. Clapton used the term free trade
Free trade as most people understand is trade that does not involve the payment of tariffs and import duties, and which is conducted using agreed non-tariff regulations.
Of course the EU has regulations. They exist to provide a level playing field. Quotas under the CFP are not intended to be discriminatory, they are there to maintain fish stocks. We would need fish quotas if we left since prior to the EU we were prone to over-fish the seas. We would also need to tell the fish which sector they were in.
Never said WTO tariffs were unacceptable. They may give access to lower prices in times of plenty but equally to higher prices when there are shortages.
If the nation votes for Brexit that is what we will have to use (pending the Clapton free trade agreement with the 187 nations, to be concluded the following week? month? year? decade?).
But the consumer will have to get used to a more complicated life as they find buying from other nations becomes complicated, travelling to the EU is just as complicated as entering the US, etc
no, most economists do NOT think free trade is only tarif free trade
the non tariff regualtion are key to restrictive practices: as you must surely agree the EU is dying under the weight of rules and regulations0 -
You're more to the left I think Bob. I believe Labour and SNP have people who are fans of the Euro. Do you think we should adopt it?
No. I have an open mind on it but I would want to see the current issues addressed and at least 10 years of stability to even consider it.
I think the Euro might have worked for the original 6 or perhaps 12 but I doubt it will ever survive with this many. It needs reform.Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.0 -
that's good , so you are now saying there is no particular problems in establishing trade relations as Germany manages quite well.
They do, why do you think we cannot manage just as well as Germany from within the EU?
All I said was that the free trade with 187 nations would not be easy to negotiate quickly. You seem to think it is easy peasy?
I see no problem with the WTO tariffs as a solution. I just think the economy will suffer while we are doing this, while other nations have or are seeking free trade agreements. Why would Canada have a deal with the EU if it could rely on WTO tariffs. Why does the EU have an agreement with Mexico? Why is the US concluding an agreement with Pacific rim nations? Why does it belong to NAFTA? Why would they not rely on the WTO?Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.0 -
no, most economists do not think free trade is only tarif free trade
the non tariff regualtion are key to restrictive practices: As you must surely agree the eu is dying under the weight of rules and regulations
i never said they did !free trade as most people understand is trade that does not involve the payment of tariffs and import duties, and which is conducted using agreed non-tariff regulations.
I agree they are crucial and this is why they usually take several years to agree.Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.0 -
Very reluctant to start a third thread on a two option question, so I'll try to cover it here. I'm interested to get people's opinions on the political situation if England were to narrowly vote leave but the other three countries meant the UK overall voted to remain.
Obviously the result would be respected whether England got its way or not. But I'm talking about the impact on the state of the union, how individual parties come out of it, what English, Welsh, Scottish (unionist and nationalist) and Northern Irish (unionist and republican) voters would make of it. Would put Tories on both sides of the EU referendum in a very interesting position, I'd have thought?0 -
HornetSaver wrote: »Very reluctant to start a third thread on a two option question, so I'll try to cover it here. I'm interested to get people's opinions on the political situation if England were to narrowly vote leave but the other three countries meant the UK overall voted to remain.
Obviously the result would be respected whether England got its way or not. But I'm talking about the impact on the state of the union, how individual parties come out of it, what English, Welsh, Scottish (unionist and nationalist) and Northern Irish (unionist and republican) voters would make of it. Would put Tories on both sides of the EU referendum in a very interesting position, I'd have thought?
IMHO it makes no difference. Scotland, NI and Wales regularly vote for representatives in Parliament that do not belong to the governing group just as Yorkshire and Surrey do.
The SNP will have you believe that is grounds for a new referendum but in their minds everything is.0
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