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EU: No concessions for UK on single market
Comments
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The individual EU nations cannot deal with us directly. We need 27 countries to agree the deal.
UK and Eurozone economies are inter twined, if we suffer, they suffer ++ given their debt deflation dynamics and mass unemployment
All 27 nations will agree to a decent trade deal with us, as I point out endlessly, Eurozone economics are far more precarious than ours.
The UK economic fundamentals remain far stronger than the EU's, we're the jobs creation factory of Europe, rates on commercial paper have hardly moved, the Libor/OIS spread – the stress gauge – has been well-behaved.
We can cope with pound falls, many argue they are good for us in the round, but the deflationary Eurozone cannot suffer Euro falls, another example of where we hold a whip hand.
A deflation tsunami from China has been rocking the world, awash with goods, this is headed straight at Europe, so they need their own economics as strong as possible, the last they need is a fall in exports to the UK, concentrated on German and French business
The pound fell sharply, but this was a brilliant demonstration of the shock-absorber effect we saw in 92 and 08, and anyway the IMF said the pound was up to 18% OVER VALUED. Many argue it should ideally not have gone back up.
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I hope it isn't, free movement is good.
By the way, many of your fellow leave voters and even your campaigners are backtracking on this claiming the referendum wasn't really about immigration. You should probably let them know about the red line.
I think they all accepted that migration would continue.
The thing the Leave team pushed was the "Control" aspect. It was a clever sales technique, in that it exposed a weakness in the other camp.
Perhaps voters do not like governments which are seen as weak in some capacity?0 -
free movement has been good for
-companies that want masses of cheap labour
-companies that want to hold wage rate rock bottom
-companies that like zero hour contracts
-house price inflation for those who already own
-landlords squeezing in more and more people into smaller spaces
-people who love packed trains and other public transport
-people who love sitting in traffic jams
and indeed there are other people who have marginally gained
Of course the simple solution to this would be to enforce an actual living wage, legislate for and fund house building, remove employers abilities to exploit low wage labour with temporary and zero hours contracts, and invest in industry outside of London.
But you don't really want to know about any solutions that don't involve picking on foreigners do you, Clapton?
Pathetic.0 -
ruggedtoast wrote: »Of course the simple solution to this would be to enforce an actual living wage, legislate for and fund house building, remove employers abilities to exploit low wage labour with temporary and zero hours contracts, and invest in industry outside of London.
...
Hee, hee.
Simple solution eh?
Why have you spent countless posts complaining about a lack of housing in your region causing problems for young people wanting affordable housing.
...surely there was a simple solution yeah?
Of course there was. You could have moved; they could have moved. Loads of affordable houses in other places. That's a simple solution yes?
Now I'll leave you to work out why simple solutions are also often wrong.0 -
ruggedtoast wrote: »Of course the simple solution to this would be to enforce an actual living wage, legislate for and fund house building, remove employers abilities to exploit low wage labour with temporary and zero hours contracts, and invest in industry outside of London.
But you don't really want to know about any solutions that don't involve picking on foreigners do you, Clapton?
Pathetic.
What is your view on unlimited immigration ?0 -
If the EU adds tariffs and makes thier exports more expensive, we can buy such things from anywhere else we so choose
People thinking the Germans won't meet us with an acceptable deal are in cloud cuckoo land
Posh said that from now on they are going to buy british
My simple question was what british products they are going to buy?
since their original post they have now broadened the horizon to British or anything that's not German or French0 -
If the EU adds tariffs and makes thier exports more expensive, we can buy such things from anywhere else we so choose
People thinking the Germans won't meet us with an acceptable deal are in cloud cuckoo land
The germans have one vote and one vote only it is the whole of the EU that has to agree the deal not just germany
if the Germans can get the other 26 counties to tow their line then happy days but in reality it is not going to be that easy, we cant do deals with the individual countries we have to do one deal with the EU0 -
The germans have one vote and one vote only it is the whole of the EU that has to agree the deal not just germany
if the Germans can get the other 26 counties to tow their line then happy days but in reality it is not going to be that easy, we cant do deals with the individual countries we have to do one deal with the EU
Which is a fundamental problem with the EU paradigm.
If Italy, France and Germany (and other larger economies) suffer because Estonia said no what do you think that'll do to the EU project?
That could lead to further bailouts, maybe not, but certainly an increased risk. Then there's the increased contributions from economies that are able to do so to finance the hole left by the UK and any possible bailouts. The shoulders of the French and German economies in particular will be bearing such a massive load whilst trending downward because they're struggling to sell into the UK, I'd expect anti-EU sentiment to grow.0 -
Nothing worth buying is British. We won't be missing much:D0
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Personally I think this is the death knell for Brexit. Even Gove is going to struggle to recommend we pull out of Europe and sign straight back in to free movement.
It won't be very popular with all the Leave voters who definitely aren't racists.0
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