Brexit, the economy and house prices part 5

Herzlos

Yet they are none of those things and anyone they care about knows that. The EU is pretty well respected and a big player on the world stage.

Herzlos

iro wrote: »

Our 'reputation' of handing our ATM card to the EU, driving them to the cashpoint and then giving them our PIN, I presume you mean

I don't follow. The settlement figure was agreed on by both sides and based on our agreed commitments. It's not a blank cheque and it wasn't plucked out of The air. We send a pre-determined amount to the EU on an annual basis, there's no parallel to your ATM metaphor.

It's more like we've agreed to set up a standing order and they take the money we give them. I mean the cheek, eh?

Herzlos

He's talking about a £433bn gain from tariffs. Who pays the tariffs? The consumer.

Herzlos

I read it, it's still garbage. Please explain to me how the EU will pay tariffs in both directions without any of it being passed on to the consumer

If we don't buy stuff, it doesn't get imported and there's no tariffs.

Herzlos

I'm still not following. I'm dishonest for some reason? I don't have a good reputation? I'm not in an airport right now?

Herzlos

Why would the EU have any impact on peaceful relations in the parts of Europe that aren't in the EU?


Also; I mentioned Turkey to illustrate that being in the customs union doesn't mean you're in the EU. We've established you think that Turkey is in the EU or you don't want to answer which is fair enough. The point was comfortably missed so we can move on.

Herzlos

Fair enough. There are probably things EU states could have done better in Europe. I doubt that invalidates the original point though bit I'll concede.

Thanks for confirming you can be in the customs union without being in the EU. That's all I was asking so we can move on unless you want to keep bringing it up.

No it's garbage because it doesntmake sense. Even if the EU paid the tariffs in both directions for some reason, eu companies will just put up the price to cover it. Thus the tariffs are paid by you and me.

Or do you think eu companies will just take a profit hit?

Herzlos

I got there eventually? It was my original point.

I understand it but it's not a good argument. The tariffs are paid buy the buyer, and if we still buy anything form the EU tariffs mean it'll cost more.

This is starting to sound like the old "they need us more than we need them argument again.

gfplux

The fun and games the cabinet and others are having over a customs this or a customs that suggests that an extension of the transition deal is on the cards.

An extention of 3 years to end 2023 will give the large car companys time to reposition their investments which will probably not be in the U.K.

It looks like THEY NEED US just to extend the transition period.

Herzlos

I don't think they'll transition over a general election, so might go as far as Match 2021?
If they did, that'd be a total mess.