Exchange now or after brexit plan is finalised?

Crashy_Time

Red-Squirrel wrote: »

Well good luck trying to make an omelette out of the 'eggs' you get back.

The big mistake was trying to bake a one size fits all omelette from a very diverse basket of eggs

hazyjo

PhilE - I take offence, so ridiculously judgemental, and really don't think your post is helpful to the thread.

Slithery

PhilE wrote: »

Brexit voters are closet racists, who saw images of migrants on the TV and thought they were coming for their white and pure land.

That's the biggest load of boll⁣ocks I've ever heard.

Please keep your your racist opinions to yourself.

Red-Squirrel_2

Crashy_Time wrote: »

None of that means that "Project Fear" was right about anything, or everything as you said in your previous post, it just means that May isn`t fit to deliver Brexit to parliament and the country and needs to stand down.

As we get closer to a genuinely scary no deal crash out, I really think maybe we should stop calling the remain campaign project fear.

Crashy_Time

Red-Squirrel wrote: »

As we get closer to a genuinely scary no deal crash out, I really think maybe we should stop calling the remain campaign project fear.

Or maybe first we should stop using terms like "No Deal" and "Crash Out" as there are rules in place to trade on while we make new deals with Europe over the next few years. Lets face it the people at the "Top Table" for the EU in the present "negotiations" are not going to be there in a year or two?

AdrianC

Crashy_Time wrote: »

Or maybe first we should stop using terms like "No Deal" and "Crash Out"

Unless the House of Commons passes May's deal in the "Meaningful Vote" that the Supreme Court stated in the Miller case must take place (the one that got pulled at the last minute last week) then there is no deal between the UK and the EU over leaving. Unless Article 50 is rescinded (as the ECJ confirmed can be done unilaterally), then the UK will leave on 29/3/19, even if that May deal hasn't been agreed. The UK cannot unilaterally extend A50 - any extension would require all 27 other member states to agree.

You don't call that "crashing out with no deal"?

as there are rules in place to trade on while we make new deals with Europe over the next few years.

"No deal" means trading on WTO default terms until such time as a future deal can be agreed. Not only with the EU27, but with every other country in the world, since part of an EU-UK deal would be to allow the UK to continue to benefit from EU trade deals on a transition basis.

Even the WTO say "You do not want to do this" - and the UK is not even a full member of the WTO in its own right, since our attempts to fast-track independent membership were vetoed by various existing members - including the US and China - with several vetos coming from the UK's ridiculous high-handedness and arrogance when it came to pre-brexit negotiations.

Lets face it the people at the "Top Table" for the EU in the present "negotiations" are not going to be there in a year or two?

...and you don't think their replacements for decades to come will be very well aware of this situation...?

The UK will be negotiating from a position of massively diminished strength, with EVERY other potential trade deal partner. They will all know how desperately we need to get deals in place, and they will be playing hardball.

The current deals have been negotiated by a trading bloc of nearly 8x the population of the UK alone, and 7.5x the GDP... You really think the UK alone, small and on the back foot, can get anywhere NEAR as favourable terms?

Also - remember that most of the significant economies that the EU don't currently have trade deals with have major barriers to doing a trade deal.
The US was well under way with TTIP until Trump came in and walked away.
China's going nowhere without intellectual property protection coming into place.
India walked away from the negotiating table when Modi came in.

Crashy_Time

You don`t seriously think that the EU is going to hang together as a cohesive trading bloc do you? They are in a mess, politically and financially, and EZ voters are going to vote for the leaders that get them the deals with the UK that protect their jobs.

Crashy_Time

https://www.thelocal.fr/20181217/paris-government-to-rush-through-10-billion-worth-of-concessions-for-yellow-vests

AdrianC

Crashy_Time wrote: »

You don`t seriously think that the EU is going to hang together as a cohesive trading bloc do you?

Yes.

They are in a mess, politically and financially, and EZ voters are going to vote for the leaders that get them the deals with the UK that protect their jobs.

"EZ" = EuroZone?

Reminder - 8% of exports from EU27 countries go to the UK.

Crashy_Time wrote: »

https://www.thelocal.fr/20181217/paris-government-to-rush-through-10-billion-worth-of-concessions-for-yellow-vests

...out of total annual government expenditure of €1.25 trillion. Less than 1%...

quantumlobster

Crashy_Time wrote: »

You don`t seriously think that the EU is going to hang together as a cohesive trading bloc do you? They are in a mess, politically and financially, and EZ voters are going to vote for the leaders that get them the deals with the UK that protect their jobs.

This is just delusional, and literally wrong.

German industry has straight-up said that protecting the EU is the priority, over trade with the UK.

Two of Germany’s biggest industry groups have told the Observer that their main concern during the Brexit process is protecting the single market for the remaining 27 members, even if this harms trade with Britain.

Dieter Kempf, president of the BDI, the federation of German industries, said: “Defending the single market, a key European project, must be the priority for the European Union. Europe must maintain the integrity of the single market and its four freedoms: goods, capital, services, and labour.

“It is the responsibility of the British government to limit the damage on both sides of the Channel. Over the coming months, it will be extraordinarily difficult to avert negative effects on British businesses in particular.”

And Ingo Kramer, president of the confederation of German employers’ associations (BDA), told the Observer: “The single market is one of the major assets of the EU. Access to the single market requires the acceptance of all four single market freedoms.

“The UK will remain a very important partner for us, but we need a fair deal for both sides respecting this principle. The cohesion of the remaining 27 EU member states has highest priority.”

https://www.theguardian.com/politics/2017/jul/08/german-industry-warns-uk-over-brexit

If you've got a link to a credible source that refutes this, then fair play. Otherwise, you've got your own personal opinion, but you don't get to have your own personal facts.