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No deal Brexit or Corbyn government?

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Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    edited 14 September 2019 at 7:31PM
    phillw wrote: »
    That won't help us when we can't afford to import and our exports become too expensive,

    That's a nonsensical statement. If sterling depreciates then yes imports become expensive. However our exports become cheaper. The UK cannot compete with the low wage economies of Vietnam, Thailand, Cambodia, Nigeria etc.

    Trade deals aren't helping the German manufacturing sector compete on the global stage. Moving jobs however to Eastern Europe has prolonged their dominance for a while at least. Though the motor industry image is tarnished sufficiently to have caused lasting damage.
  • phillw
    phillw Posts: 5,665 Forumite
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    Thrugelmir wrote: »
    That's a nonsensical statement. If sterling depreciates then yes imports become expensive. However our exports become cheaper.

    The EU will have to slap tariffs on us at the same rate they do everyone else. You apparently don't understand WTO rules, or maths.

    I wonder whether you would change your mind over EU membership if you actually understood all this.
  • Cakeguts
    Cakeguts Posts: 7,627 Forumite
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    phillw wrote: »
    The EU will have to slap tariffs on us at the same rate they do everyone else. You apparently don't understand WTO rules, or maths.

    I wonder whether you would change your mind over EU membership if you actually understood all this.


    Only if you are trading with the EU.
  • I feel much more reassured reading this.

    Things are going to be brilliant because we will be able to strike trade deals with whoever we want. If, however, we don't strike any trade deals it'll still be brilliant because we'll be WTO terms.
  • Thrugelmir wrote: »
    That's a nonsensical statement. If sterling depreciates then yes imports become expensive. However our exports become cheaper. The UK cannot compete with the low wage economies of Vietnam, Thailand, Cambodia, Nigeria etc.

    Nonsense. They can't compete with us because we add way more value. Do you really envy the Cambodian economy and wish we were more like it?
    Thrugelmir wrote: »
    Trade deals aren't helping the German manufacturing sector compete on the global stage. Moving jobs however to Eastern Europe has prolonged their dominance for a while at least. Though the motor industry image is tarnished sufficiently to have caused lasting damage.

    How can German manufacturing be non competitive and dominant at the same time?
  • Malthusian wrote: »
    Daniel Finkelstein argues convincingly in The Times today that the only realistic options for the country are either a no-deal Brexit or a Corbyn government.

    At the end of the day it’s a no-deal Brexit or Jeremy Corbyn (behind paywall)

    In brief, the argument is that (notwithstanding delusions to the contrary involving Kenneth Clarke as Prime Minister or Caroline Lucas' government of white unity): Corbyn is the Leader of the Official Opposition, Corbyn will not support any alternative government to Boris' Tories that he doesn't lead, and without the Official Opposition there is no alternative government.

    The only options are to either let Boris take us out of the EU without a deal, or bring down Boris' government and install Jeremy Corbyn in his place to stop no-deal Brexit. Alternatives such as Labour ousting Corbyn or the Lib Dems becoming the Official Opposition can be dismissed as not realistic.

    Despite being a Remainer, Finkelstein prefers no deal Brexit to Corbyn, Seumas Milne, John McDonnell and the rest in power.

    So, which would you prefer - Corbyn as Prime Minister or no-deal Brexit?

    Where was the option for none of the above?
  • phillw
    phillw Posts: 5,665 Forumite
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    triathlon wrote: »
    Where was the option for none of the above?

    We don't have that, the UK likes to have a minority of the population decide what we do (i.e. leaving the EU)
  • phillw
    phillw Posts: 5,665 Forumite
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    Cakeguts wrote: »
    Only if you are trading with the EU.

    Half our trade is with the EU, there are some pretty good logistic arguments for this to continue.

    Not trading with the EU at all is worse than trading with them on WTO terms.
  • Why no option for Lib Dem government and Revocation?
  • setmefree2 wrote: »
    Why no option for Lib Dem government and Revocation?

    Perhaps because the poll is based on reality?
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