World Trade Organisation Rules

mwpt

Rinoa wrote: »

They didn't say it would fall for a day or two and one week later would be higher than before Brexit. The 'experts' got it 100% wrong. Isn't it time to stop quoting them?

Your mate Gove even said people are tired of experts. What they want is emotional soundbites such as "take back control". I have never denied this.

Nevertheless, if the FTSE did indeed fall, then went back up again, why are you claiming the current status of the FTSE as vindication?

mwpt

mrginge wrote: »

Apparently a coach load of Russian tourists arrived at Dover on Thursday, so it looks like WW3 has also started.

The WW3 meme is another lie from the leave campaign. Do you ever get tired of knowing that you're lying? Does it not bother you that the campaign you supported was built on lies?

Kohoutek

Rinoa wrote: »

They didn't say it would fall for a day or two and one week later would be higher than before Brexit. The 'experts' got it 100% wrong. Isn't it time to stop quoting them?

It has fallen, if you take into account £ depreciation.

http://markets.ft.com/research/Markets/Tearsheets/Summary?s=UKXUSD%2B:FSI

CLAPTON

mwpt wrote: »

The WW3 meme is another lie from the leave campaign. Do you ever get tired of knowing that you're lying? Does it not bother you that the campaign you supported was built on lies?

give us the actual quotes about threats to peace

CLAPTON

Kohoutek wrote: »

It has fallen, if you take into account £ depreciation.

http://markets.ft.com/research/Markets/Tearsheets/Summary?s=UKXUSD%2B:FSI

could you give us the quote where the claim was a 'relative' fall taking into account the currency movement and not an absolute fall

mwpt

CLAPTON wrote: »

could you give us the quote where the claim was a 'relative' fall taking into account the currency movement and not an absolute fall

A silly position to take Clapton, and you know it.

CLAPTON

mwpt wrote: »

A silly position to take Clapton, and you know it.

WW3 was an easy to quote misquote.

But what would you say was a 'fair' statement of the 'remain' position as regards threat to peace ands stability in europe/world due to brexit?

quote from Cameron

"Whenever we turn our back on Europe, sooner or later we come to regret it. We have always had to go back in, and always at much higher cost," he will say.

"The serried rows of white headstones in lovingly tended Commonwealth war cemeteries stand as silent testament to the price this country has paid to help restore peace and order in Europe.

"Can we be so sure that peace and stability on our continent are assured beyond any shadow of doubt? Is that a risk worth taking? I would never be so rash as to make that assumption."

and a little from Rusk

European Council president Donald Tusk has warned that a UK vote to leave the EU could threaten "Western political civilisation".
Mr Tusk said a vote to leave the EU would boost anti-European forces.
"As a historian I fear Brexit could be the beginning of the destruction of not only the EU but also Western political civilisation in its entirety," he told the German newspaper Bild.
U

and a few generals

Five ex-Nato secretary-generals delivered a joint message that leaving the EU would “give succour to the west’s enemies”.

and a few more

Separately, 13 former defence and foreign affairs chiefs wrote in the Times that Britain’s “place and influence in the world would be dismissed and Europe would be dangerously weakened” if the UK votes for Brexit.

Rinoa

Kohoutek wrote: »

It has fallen, if you take into account £ depreciation.

They said it could fall to 4900 - that's irrespective of currency.

Nearly £350bn could be wiped off the value of Britain’s top companies in the event of a vote for the UK to leave the European Union, analysts at UBS have warned.
In a note to clients, the bank said the FTSE 100 could fall as low as 4900 in the worst case situation after a Brexit vote, the lowest level since the height of the eurozone crisis in 2011.

https://www.theguardian.com/business/marketforceslive/2016/jun/22/ftse-100-could-lose-up-to-350bn-in-brexit-vote-says-ubs

Rinoa

mwpt wrote: »

Your mate Gove even said people are tired of experts. What they want is emotional soundbites such as "take back control". I have never denied this.

Nevertheless, if the FTSE did indeed fall, then went back up again, why are you claiming the current status of the FTSE as vindication?

The implication was that it would fall and stay there.

You know that and are just being pedantic.

wotsthat

CLAPTON wrote: »

why will the level of trade decline rapidly?

..because the WTO route include a number of barriers to trade compared to the trade we enjoy now. Tariffs, additional documentation, agreement on import standards, licenses etc.

That's for physical products which I know something about because I import from third countries and also export to third countries. I know less about the trade in services but understand the WTO route would be particularly problematic as the focus is on physical goods. The U.K. is reliant on the export of services.

We're also reliant on imports - we're not even self sufficient in potatoes.

I don't think it'll come to that because a deal, almost any deal, would be better for the UK and the EU.

The danger here is an underestimation of how important our EU trade is and the idea we can just trade with other countries to fill the gap just like that if the EU get 'uppity' is frankly laughable.

I'm glad none of us lot are going to be involved in the negotiations.