The EU: IN or OUT?

Supa_T

With the whole farming subsidy thing - should farming actually BE subsidized?

I mean if it costs a farmer more than £1 to produce 4 pints of milk (which it does as that's what the supermarkets are selling it for so they're obviously paying less) then why on earth should dairy farming be subsidized?! Wouldn't a more sensible option be that we - the consumers - pay more for the product that we want?

I mean yes, I want cheap stuff but I also live in the real world...

Ballard

As will be obvious from my earlier post I'm no farming expert but if British farmers didn't get a subsidy they could be undercut from overseas. Taking lamb as an example we could be undercut from NZ. It wouldn't then take long for farmers to go under and we obviously need security of food supply nationally.

doe808

EnglishMohican wrote: »

Hopefully the Conservatives will work out that they are next in line after the EU administration and try to do something to help the poorer areas of the country. If not then they deserve to lose the next election even if it does put Corbyn in charge.

Its certainly going to be interesting how it all plays out. Labour are in no force at the moment, and remember around 50% of Tory MPs wanted to stay in.

So we effectively have a split government- who will probably be able to work together for a bit, before divisions come to the surface (isn't that always the way with the Tories?). Plus the new leader will picks up a hospital pass, in that he/she will have to invoke Article 50, and have to raise taxes/cut benefits to cope (as admitted by team brexit)

Labour on the other hand look completely lost and ineffective. They have an open goal at the moment, but are running around in circles.

The real losers here (i think) are the poor working class. Despite your optimism EnglishMohican, remember their is a section of the Conservatives who want to loosen labour laws and weaken the Unions. This faction is now very much to the fore now, and when out of Europe think of all the working directives that can be repealed to help this. Though I suppose if you remove workers rights, then it maybe makes them more attractive to foreign companies? I don't know, but it seems logical.

In any event, I wouldn't want to be working class in the north of England to find out. Or reliant on benefits.

The winners here are the SNP. Support for leaving without a deal on Europe is over 70% in Scotland. The United Kingdom is pretty much over folks in the next five years.

BarleyGB

doe808 wrote: »

And how much of the FTSE100 are UK companies?

250 is a much better measure.

And when the FTSE250 is at pre brexit, will you quote AIM or CAC?

JohnRo

EnglishMohican wrote: »

Perhaps you would like to contribute a thought rather than just a put down occasionally

The economic situation cannot be explained in short brexit style slogans and hot air. It is complex and much of where we go from here is unfathomable. The effect on GDP, the national debt and deficit spending is what will determine the outcome ultimately.

Suffice to say there isn't going to be £350 million a week 'extra' to spend on anything, whatever happens (in the real world). When the effects of the economic calamity this has unleashed start to work their way through the system there is a very good chance the ongoing NHS sell off will have to go wholesale, which will of course please Boris and his cronies no end.

It's going to be years before the effect of this decision can be quantified in any meaningful way but at least we've got the benchmark from the campaign liars as a measure along with the fuzzy reassurances that it'll all be fine.

doe808

Supa_T wrote: »

With the whole farming subsidy thing - should farming actually BE subsidized?

I mean if it costs a farmer more than £1 to produce 4 pints of milk (which it does as that's what the supermarkets are selling it for so they're obviously paying less) then why on earth should dairy farming be subsidized?! Wouldn't a more sensible option be that we - the consumers - pay more for the product that we want?

I mean yes, I want cheap stuff but I also live in the real world...

It probably shouldn't, but alot of farmers will go under without the subsidies. Everyone still wants the free market however, so we can just rely on cheap European milk. This is unless obviously we apply some of that £350 a week NHS money to our farmers.

Supa_T

This is unless obviously we apply some of that £350 a week NHS money to our farmers.

Well we can do, seeing as people only said that some of that money could be spent on the NHS, not that it would be

masonic

BarleyGB wrote: »

And when the FTSE250 is at pre brexit, will you quote AIM or CAC?

The FTSE100 has been considered a poor index in general and a poor measure of the UK economy for as long as I've been investing. It isn't a "Brexit" thing. Short term movements in the stockmarkets are a measure of greed/fear and can't really be used as a measure of value.

doe808

BarleyGB wrote: »

And when the FTSE250 is at pre brexit, will you quote AIM or CAC?

You picked a figure to try to make a point. You picked the one that better backed up your position, even though it was obviously the wrong one for comparison.

Forgive me for pulling you up on it.

doe808

Supa_T wrote: »

Well we can do, seeing as people only said that some of that money could be spent on the NHS, not that it would be

Suppose we are all just guessing where these magical sums will be spent- much of it will depend on any trade levy we incur for dealing with Europe, wont it