Brexit the economy and house prices part 7: Brexit Harder

gfplux

Why would the EU want to hang on to Britain as a member. Money is not everything and without Britain’s net contribution they will just get on with life.
Three years of leaving not leaving is damaging for both sides and the sooner the present uncertainty is resolved the better.

If that means a no deal exit so be it.
No deal will damage both sides and certainly ROI will have a very difficult time. Frankly it’s time the land bridge came to an end. While it was an easy option it has come back to bite the ROI big time.

While increased capacity at Irish ports and ferries will help a little the EU will have to find a solution as leaving a member at the mercy of the land bridge through an ex member is no way for the future.

gfplux

This was widely distributed by email yesterday directly from HMG.
https://www.gov.uk/government/speeches/no-deal-is-a-very-real-prospect-we-must-ensure-we-are-ready-article-by-michael-gove?utm_source=55ea0896-b8ab-42ea-ac3a-19b78ac3f80e&utm_medium=email&utm_campaign=govuk-notifications&utm_content=immediate

QUOTE
No deal is now a very real prospect, and we must make sure that we are ready. A lot has already been done. Thanks to hard work by ministers past and present, and outstanding efforts by the civil service, we have made significant progress.

We have negotiated trade agreements with partners around the world, worth more than £70bn. We have signed continuity agreements with key allies in order to secure our borders and nuclear defences.

We have provided guidance to businesses, redeployed gifted public servants to new frontline roles, developed new IT systems, passed necessary legislation and supported those government departments with the biggest responsibilities in managing this transition with new resources.

But there still remains much more to do. Planning for no deal is now this government’s No 1 priority — and that is why we have, since Wednesday, been accelerating preparations.

First, all the necessary funding is now being put in place. You cannot properly prepare for a change of this magnitude without the money to make it happen. And the chancellor has agreed every penny needed for no deal preparation will be made available.
END QUOTE

So get ready, make your own personal plan. If that means buying in extra essentials or keeping a little more cash available then that seams a sensible precaution.

SpiderLegs

gfplux wrote: »

Why would the EU want to hang on to Britain as a member. Money is not everything and without Britain’s net contribution they will just get on with life.
Three years of leaving not leaving is damaging for both sides and the sooner the present uncertainty is resolved the better.

If that means a no deal exit so be it.
No deal will damage both sides and certainly ROI will have a very difficult time. Frankly it’s time the land bridge came to an end. While it was an easy option it has come back to bite the ROI big time.

While increased capacity at Irish ports and ferries will help a little the EU will have to find a solution as leaving a member at the mercy of the land bridge through an ex member is no way for the future.

That’s the kind of can-do attitude I like to see.
Who cares about the money, the eu will just deal with it.
Despite the difficult time ahead of the RoI and the significant damage that would occur as their economy is trashed they are just going to get it sorted.

It’s the kind of approach rarely seen from remain supporters so I applaud you. Many of your colleagues may disagree though as they repeatedly tell leave voters that the same logic applied to the UK’s position is complete fantasy.

movilogo

Why would the EU want to hang on to Britain as a member. Money is not everything and without Britain’s net contribution they will just get on with life.

Because UK's leaving EU will set a precedence to other countries. This will start disintegrating EU. Hence EU wants to punish UK for leaving and also to set examples to other countries.

If UK is successful without EU, then it will terrify EU.

UK also acted as counterbalance to Germany. If UK leaves, Germany will become sole driver of EU. Many countries might not like it and they might be further encouraged to leave the bloc.

Moby

https://www.agendani.com/what-would-no-deal-mean-for-northern-ireland/

A report by Oxford Economics, commissioned by Stormont’s Department of the Economy, warned that Northern Ireland would be “particularly vulnerable” in the case of a no deal Brexit. It said that a reversion to WTO terms would affect Northern Ireland because of its reliance on trade with the Republic of Ireland, its composition of manufacturing into sub-sectors and its dependence on foreign direct investment as a means of funding for investment projects.

The report forecasts that a no deal exit would mean that Northern Ireland’s economy will be between 4 and 5.6 per cent smaller in absolute terms by 2030 than it would be by staying in the EU.

Everyone will suffer after brexit!

https://www.independent.co.uk/news/uk/politics/ireland-brexit-no-deal-aid-plan-protect-back-stop-border-ni-uk-a9015146.html

Boris is making so many spending pledges. Lets hope he has enough money in the kitty to sub Northern Ireland and I wonder how he will do that without increasing all our taxes. Yep those sunlit brexit uplands are looking more and more distant as reality sinks in!
My question to brexiters is.....in the event of a no deal and a hard border in Ireland....what's the plan?. Shirking responsibility by saying we won't impose a border doesn't sort the problem. The EU/Ireland will do whatever they do!....what's the brexiter contingency plan to protect UK citizens? I'm sure brexit voters in Sunderland and Boston are working it out but pray tell us to put our minds at rest! Perhaps Nigel has a plan?

Zero_Gravitas

As the brexit lemmings accelerate us all towards to cliff-edge, it seems like a good day to remind people what the view of the Current Leader of the House, Jacob Rees-Mogg was about a second referendum:

"We could have two referendums. As it happens, it might make more sense to have the second referendum after the renegotiation is completed"

And before leavers start banging on about "context" - that simply doesn't wash. The principle is exactly the same:

https://infacts.org/rees-mogg-history-backing-second-eu-referendums/

So in much the same way he's a hypocrite about moving part of his business to Ireland to stay in the EU, he's a complete hypocrite about his position on a confirmatory vote to check that the electorate still supoort this lunacy.

movilogo

We could have two referendums.

MEP election was the 2nd ref

Those who think future economy will be dominated by EU, please have a read following document.

https://www.pwc.com/gx/en/world-2050/assets/pwc-the-world-in-2050-full-report-feb-2017.pdf

It is prediction by PwC supported by IMF. The economic future of the world lies in Asia, not Europe!

Zero_Gravitas

movilogo wrote: »

MEP election was the 2nd ref

That would be the election where more votes were cast for remain-supporting parties than leave supporting? Thank you for your confirmation.

qwert_yuiop

Arklight wrote: »

A unified Ireland would solve this.

Which of course would be dead easy and cause no problems of its own. None at all.

qwert_yuiop

Moe_The_Bartender wrote: »

The possibility of a united Ireland is infinitesimal unless the south accepts 400,000 unwilling protestants and is happy to accept responsibility for the money that NI gets under the Barnett formula. Of course, their buddies in the EU might help out with the latter.

Where did you get the 400,000 figure? Did you not ask the other 600,000?