Brexit the economy and house prices part 7: Brexit Harder

Herzlos

adindas wrote: »

Just the opposite the current movement is to uphold democracy. Keep in mind Brexit is the result of referendum and voting in the parliament. The current leaders only use democratic way in line with constitution, none of them are dictatorial leaders. They instead need be crown as democratic champions.

Yet it's followers seem outraged at any democracy that it doesn't agree with.

Herzlos

SpiderLegs wrote: »

Apparently 8% less growth over 15 years is economic meltdown but 9% reduction in budget in one hit is small potatoes.

Yeah, the figures are wildly different in the real world.


Take the UK economy, with a GDP of $2,622,000,000,000. 8% of that is $209,760,000,000 (more than the entire EU budget).
Now the EU budget, is about $184,000,000,000. 9% of that is $16,000,000,000.


So the potential loss to the UK economy is about 13.11x bigger the potential loss to the EU government.



Our own government cut a lot of departments by more than 9% and whilst it sucks for a lot of people it survived, so why couldn't the EU do the same? It might actually be enough to get them to drop than 2nd parliament garbage.


Businesses can usually survive 9% income drops as well if they aren't over leveraged. Do you have anything to convince me that the EU will collapse without our funding?

Zuzel

Herzlos wrote: »

Yeah, the figures are wildly different in the real world.


Take the UK economy, with a GDP of $2,622,000,000,000. 8% of that is $209,760,000,000 (more than the entire EU budget).
Now the EU budget, is about $184,000,000,000. 9% of that is $16,000,000,000.


So the potential loss to the UK economy is about 13.11x bigger the potential loss to the EU government.



Our own government cut a lot of departments by more than 9% and whilst it sucks for a lot of people it survived, so why couldn't the EU do the same? It might actually be enough to get them to drop than 2nd parliament garbage.


Businesses can usually survive 9% income drops as well if they aren't over leveraged. Do you have anything to convince me that the EU will collapse without our funding?

Oops.
Somebody doesn't understand the difference between Gross Domestic Product and growth, nor do they understand the difference between one country and a group of countries.
:rotfl:

Herzlos

This might put a spanner in the US trade deal:


https://www.theguardian.com/politics/2019/jul/31/brexit-mess-with-good-friday-and-well-block-uk-trade-deal-us-politicians-warn?CMP=fb_gu&utm_medium=Social&utm_source=Facebook&fbclid=IwAR1-tW6WH5-LKNSm0TmMLkufpdNqpCcyyo3I8_lf8w2Wsq4iLjgOj5wG3zk#Echobox=1564556105

Boris Johnson has presented a trade deal with the US as a way of offsetting the economic costs of leaving the EU, and Donald Trump promised the two countries could strike “a very substantial trade agreement” that would increase trade “four or five times”.
Trump, however, would not be able to push an agreement through a hostile Congress, where there would be strong bipartisan opposition to any UK trade deal in the event of a threat to the 1998 Good Friday agreement, and to the open border between Northern Ireland and the Republic.

Zuzel wrote: »

Oops.
Somebody doesn't understand the difference between Gross Domestic Product and growth, nor do they understand the difference between one country and a group of countries.
:rotfl:

So what am I wrong about, exactly? Go on and enlighten me.


I concede it's a pretty rough gauge, but we're still looking at a 10 fold difference. It looked like you were trying to conflate economic growth and parliamentary budgets, so it's difficult to provide a good comparison with apples and oranges.

qwert_yuiop

Thrugelmir wrote: »

The Irish can simply veto. Remember there's a United Ireland at stake. A far bigger prize.

If they actually wanted it. The running joke is that it’s like the old prayer asking god to make you a good Christian, but not just yet.

phillw

Moe_The_Bartender wrote: »

Thereby proving that you haven’t a clue about fascism or what it is. You don’t even know how to spell it.

Fascist logic there, can't spell so must be wrong.

Brown face, must be a terrorist, close the borders.

adindas wrote: »

Comparing the current movement of the tori and/or Brexit party leader with the movement from Benito Mussolini. Adolf Hitler, Ant!nio de Oliveira Salazar, etc is the most ferocious one.

So the talk of proroguing government and branding judges as enemy of the people because they prevented the government from bypassing democratically elected MPs doesn't count? If you want to look the other way because you like the idea of stopping immigrants coming here, then it's entirely up to you.

Moe_The_Bartender

phillw wrote: »

Fascist logic there, can't spell so must be wrong.

Brown face, must be a terrorist, close the borders.

Whether you can spell or not, you are wrong. And that last sentence says so much about you.

SpiderLegs

Herzlos wrote: »

Yeah, the figures are wildly different in the real world.


Take the UK economy, with a GDP of $2,622,000,000,000. 8% of that is $209,760,000,000 (more than the entire EU budget).
Now the EU budget, is about $184,000,000,000. 9% of that is $16,000,000,000.


So the potential loss to the UK economy is about 13.11x bigger the potential loss to the EU government.



Our own government cut a lot of departments by more than 9% and whilst it sucks for a lot of people it survived, so why couldn't the EU do the same? It might actually be enough to get them to drop than 2nd parliament garbage.


Businesses can usually survive 9% income drops as well if they aren't over leveraged. Do you have anything to convince me that the EU will collapse without our funding?

You seem to be a bit confused. You were discussing % changes.

I think we all know that in absolute terms they are not comparable.

Anyway the point being made was that you said a 9% drop in EU budget was manageable. I agree with you on this point.

Do you therefore think that forecasts of brexit impact are also manageable?

I think it was 8% less of an increase over 15 years but I’m sure a board pedant will correct me on that if it’s slightly out.

I think it’s entirely manageable. Do you?

SpiderLegs

phillw wrote: »

Fascist logic there, can't spell so must be wrong.

Brown face, must be a terrorist, close the borders.

An effortless segue of masterful proportions

10/10

phillw

SpiderLegs wrote: »

Do you therefore think that forecasts of brexit impact are also manageable?

What do you mean by manageable? JRM & NF will be fine, is that what you mean?

The EU will take a hit because protecting the EU is a principal they think is more important than money. Leave voters on the other hand were more motivated by money, whether it's the red bus lie or the lie about european immigrants coming here and stealing our jobs, benefits, whatever. The UN are already investigating us for the inhumane treatment in this country of the poor, that won't improve if there is less money (and there will be less because Boris bought his leadership with slashing taxes).

So yes I think a drop in income post brexit will have more of an effect on the UK than the EU.

SpiderLegs wrote: »

An effortless segue of masterful proportions

10/10

Just two examples of leave voter flawed thinking, I could come up with more if you want. I thought two was enough. I've talked to many leave voters, my opinion of them is safe.