Hi from France
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3 hours ago, JonnyF said:Quote
we already have a 5-years picture and for the next 5 years investments already tells us the tale: "oven-ready" sunlit uplands? They are not in sight
Ahhh - I see you are able to predict the future. Why didn't you tell us that before?
I can indeed, anyone can
for example the future of the British car manufacturing is being set in stone right now,
Quote“Ultimately, British car manufacturing will migrate to where the battery factories are, which is going to be in central Europe.”
The startup, which struggled to raise funds for a major electric-vehicle battery factory in northern England, failed to get past the stage of developing prototypes for an industry that is vital for the UK’s prospects in the global race to become self-sufficient in EV technology.
It has left the UK sorely lacking the battery manufacturing capability that would be absolutely critical to the auto industry’s future. Industry experts estimate Britain needs four to six large battery plants to sustain a healthy car industry. Currently it has one small 1.9 gigawatt-hour Nissan plant in Sunderland, northeast England.
investments today have consequences that extend beyond the present moment. In this regard, we not only have learned a lot since 2016, but we already know what's next in the automotive industry.
Is this news to you? Really?
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On 3/2/2023 at 1:10 AM, JonnyF said:We'll have a much clearer picture of the longer term economic impact 5 years from now.
the 5 year impact is there already since brexit started being taken into account by businesses in 2016.
.. so you meant "the 10-year impact?" 2026 ? Besides immediate issues like tomatoes and the like, there is a very simple way to know where the British economy is headed : investment.
Investment made today and in recent years give a very accurate picture of what the next years will be, the future
I suppose you acknowledge Brexit has erected manpower and trade barriers for UK businesses ? And also for foreign companies that used Britain as a European base? Brexit been contributing to labor shortages and sapping investment.
QuoteIf you look in the period up to 2016, it's true that we had a bigger slowdown in productivity up to 2016, but we had a lot of investment. We had a big boom between 2012-ish to 2016.
"But then investment just plateaued from 2016, and we dropped to the bottom of G7 countries."
https://www.bbc.com/news/business-64623488
so back to
On 3/2/2023 at 1:10 AM, JonnyF said:We'll have a much clearer picture of the longer term economic impact 5 years from now.
we already have a 5-years picture and for the next 5 years investments already tells us the tale: "oven-ready" sunlit uplands? They are not in sight
- they were not there in the short term
- they were not there in the medium term (6+ years now)
- .. and they won't be there in the long term (missing out on investments already tells the tale)
now maybe you meant "we meet in 2028 to assess investments and know what 2033 will look like?"
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3 hours ago, RayC said:
Maybe not 40 years but imo the UK's reentry into the EU is not going to happen anytime soon. 2040?
20 or 40 years, this is a distant future, so right now it doesn't matter.
Regardless of the fact British public opinion is now one of the most pro-EU in Europe, the UK is out.
Issues we could discuss :
- "what happened to get us there", The Economist just published a provocative article, that we can read / comment as a starting point (?)
- "What is going to happen" in the medium term. Long term might be membership in a very federalist Europe or not, but it's too far away to really matter.
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1 hour ago, RayC said:
Opinion pieces by the former Presidents of the Union of European Federalists and the Secretary General of the European Federalists (France) hardly constitute objective sources of information. It's akin to quoting Nigel Farage as evidence in support of a piece entitled 'Why Brexit is a good thing'!
bah
no one is "objective", you just need to recognize their arguments (which are mostly mine as well and are indeed backed by solid facts over many, many years) : that's what matters.
we think experience has shown again and again the EU is better off without Britain as a member.
This is sad indeed, but having Britain with all the prerogatives and privileges of permanent membership, including the right of veto has been a drag all along.
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1 hour ago, RayC said:
???? You win!
Thanks for posting the clip. Great TV series.
yay !
now what for the future?
My take is Britain ended up spending forty years inside the UE negotiating opt-outs.. and now we're in for forty years out negotiating opt-ins
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3 hours ago, RayC said:
EFTA/ EEA might be used (and useful) as a staging post for full EU membership but I can't see much appeal from a UK perspective of making it a permanent home. The cost of membership would be probably be high with likely limited influence over EU regulation of the Single Market and input in the decision making of the various programmes.
beside denying the UK was at best an annoyance, at worst a free-rider all those years : a summary of the British government’s attitude at the European 2011 summit
QuoteWhen reality dawned in London, the government had to stand traditional British policy on its head. Gone were the days of divide and rule, of keeping a seat at the negotiating table, of damage limitation, of defensive “red lines”; in came the new British policy of sabotage.
save the Tony Blair years, the UK has always been a drag : it was a pleasant surprise the UK slammed the door on its own initiative (I wish Hungary would do the same, though Orban is not *that* stupid)
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2 hours ago, RayC said:
This is becoming very repetitive.
you are too actually UK constant obstruction is so famous it was featured in Yes Minister ????
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7 hours ago, JonnyF said:Brexit was never about % points of GDP.
what was that then?
Brexit was sold as "oven-ready", making people and the country wealthier as well as helping the NHS thanks to "Brexit benefits"
what has been achieved is
headlines of a famous brexiter newspaper before/after
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10 hours ago, RayC said:
A misplaced, incorrect over-generalisation to ascribe one viewpoint to all Brits.
didn't say "all brits" but what you hold here is the very typical british view of the EU as a big market with no political power.
The remainer argument I read over and over is not about a common European project, but about making more money, fostering economic growth etc... nothing wrong with that but it shows having the UK as a EU member was a mistake all along.
I'm fine with having lots of collaborations with the UK, as long as we are not again taken for a ride. Fine with EFTA, but no full membership, the British influence was detrimental.
QuoteIn this regard, Brexit (combined with Covid and the Ukraine crises) has allowed huge political advances that used to be vetoed by the brits when they had power in the EU.
I'm surprised you don't know about NextGenerationEU (EU bond, €800 billion to fund the recovery), REPowerEU, the Stand Up for Ukraine campaign, joint procurement in defence investments: all of these major advances would have been watered down or vetoed by the brits.
I couldn't care less that the short-term economic effect of Brexit on the EU has been negative.
so
- for the European project, Brexit was great. We have a stronger EU (and many problems indeed, but we can face them in a better way)
- in the longer term, we'll probably have the UK back in the single market, though we need to be very careful = we have to take back control of our €uro forex, bonds, and stock markets
- Brexit has been great for public opinion across Europe
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2 hours ago, RayC said:
What it indicates is what Barnier said all along: There are no winners with Brexit.
Given that the overwhelming body of data demonstrates that - rather than bring economic benefit - .
You make the usual British mistake : the European project is about much more than economy, it's political, it's about defending our common interests when the West and liberal democraties are in comparative decline to totalitarian (China), or illiberal (Turkey, India, Russia...) countries.
In this regard, Brexit (combined with Covid and the Ukraine crises) has allowed huge political advances that used to be vetoed by the brits when they had power in the EU.
Brexit has proved a timely and very good thing for Europe.
For the UK it doesn't make a lot of sense: idiotic populist politicians and media have taken control of the country for years, it accelerates issues with the Union and of course there are economic issues with "global britain" for example, a trade deal with New Zealand, Australia or now Mexico makes no sense for UK farmers
Quote“Environmental impacts are why beef was a sensitive sector, both in New Zealand and in Australia. And now in Mexico. And we want them now to really show that they are keeping their promises of not undermining farmers and trade deals. We don’t want to see further imports of beef.”
“I can see no justification for importing any beef into the UK – it certainly won’t help UK farmers or food security if the standards or price of that beef is lower than that which we can produce in the UK.”
Dustin Benton, the Green Alliance policy director, added: “Mexican beef is somewhat more carbon-intensive than UK beef. It doesn’t make sense to undermine British producers with higher carbon imports.”
Actually, UK farmers have much more stakes in common with European farmers, politics and economy are interwined.
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"Nobody else has that"?
But Scotland might hope to get the same deal ?
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about the “Stormont brake”
https://ec.europa.eu/commission/pres...tsheet.pdf.pdf
Citation :Emergency mechanism / “Stormont” brake to allow the UK Government at the request of 30 Members of the Legislative Assembly in Northern Ireland to stop the application in Northern Ireland of amended or replacing EU legal provisions that may have a significant and lasting impact specific to the everyday lives of communities there.
This mechanism can only be triggered under the most exceptional circumstances, as a matter of last resort, in a very well-defined process set out in a Unilateral Declaration by the UK- for the for the brake to apply, power sharing at Stormont would have to be restored. That would require the DUP to allow the assembly to start sitting (by backing the election of a speaker) and to lift its boycott on participating in the power-sharing executive.
- If the DUP were to continue to boycott the executive, the “Stormont brake” would not apply.
https://www.theguardian.com/politics...rthern-ireland
unclear to me : in the case EU law is blocked, I'm not sure what the UE will/can do
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Full text : https://www.theguardian.com/politics/live/2023/feb/27/rishi-sunak-brexit-ursula-von-der-leyen-eu-northern-ireland-brexit-deal-uk-politics-live?page=with:block-63fcde1d8f083ec219f73112#block-63fcde1d8f083ec219f73112
This sentence in the Political Declaration suggests a promising new commitment to actually implementing what you sign up to:
Both sides recall the importance they attach to the respect of international obligations (pacta sunt servanda), including those arising from the Vienna Convention on the Law of Treaties, done on 23 May 1969, which applies to all international agreements including the Withdrawal Agreement and its Protocol on Ireland / Northern Ireland
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Uk currency is the result of what the UK economy has turned into : an emerging market.
QuoteFor just a minute, imagine a country that has been buffeted for years by political instability. It has seen four prime ministers in just six years and three general elections over the past seven. This country also held a referendum on its relations with its neighbors, and voted to leave its main trading bloc, leading to a collapse in its trade volumes and stalling growth.
While this country calls itself a democracy, its new prime minister was chosen by members of an elite club comprising just 0.2 percent of the actual electorate. And now, this prime minister — who hasn’t even won a popular mandate to rule — has launched a populist pro-growth agenda: Taxes on the top 5 percent are to be cut in hopes of kick-starting growth and creating a trickle-down feel-good factor.
Welcome to today’s Britain, a mature G7 country, where it all sounds very emerging market.
https://www.politico.eu/article/britain-emerging-market-crisis-gdp-growth-economic-policy/
QuoteAll of the above sounds like a classic emerging market (EM) crisis country. And as an EM economist for 35 years, if you presented me with the above fundamentals, the last thing I would now recommend is a program of unfunded tax cuts.
Sri Lanka tried to do just that between 2019 and 2022, and it ended up in currency collapse and default.
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5 hours ago, Chomper Higgot said:As disgraceful and unacceptable as Johnson’s constant lying is
Lying is common for politicians, the real issue with Johnson was more bull<deleted>ting that good old lying.
And of course many other issues. Just take economy:
Brexit has produced a situation where a 10%-plus devaluation of the pound (against the average of other leading currencies) has not even achieved a boost to exports.
The whole country became 10% poorer, and got nothing in return.
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Labour has a plan to fix the problem
QuoteBrexit referendum, the shadow foreign secretary, David Lammy, confirmed the party would seek only limited changes and would not seek to rejoin the single market which would bring the return of free trade and free movement of people.“We are not going into the next election saying that we will enter the single market or the EU.(...)Quotethe party would seek to sign an agrifood agreement; to restore visa-free business travel for touring musicians and performers, and seek to improve haulage arrangements.It would also seek to restore mutual recognition for professional qualifications such as accountants and architects, seal a deal on financial equivalence for the City of London and secure associate membership of the EU’s £80bn Horizon Europe science funding network, something the EU is delaying because of the row over the Northern Ireland protocol.Without rejoining the single market or customs union, Labour’s approach amounts to a renegotiation of the trade deal which will come under regular review by both sides.Minimalist, looks like minor fixesDo you think it could work ?Renegociation still means the eu would ask for something in return, what would it be ?.- 1
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Hi again !
6 years after the referendum and one year and a half after effective brexit (=the TCA), a long summative article in the Financial Times (Free Access https://archive.ph/FTkAM)
Excerpts
Quoteas the sixth anniversary of the UK’s vote to leave the EU approaches, economists are starting to quantify the damage caused by the erection of trade barriers with its biggest market, separating the “Brexit effect” from the damage caused by the Covid-19 pandemic. They conclude that the damage is real and it is not over yet.
QuoteComplaints about high immigration was one of the most contentious issues of the referendum, with a central promise of the Brexit campaign being tougher controls over the number of people entering the country. While net immigration from EU countries has stopped, with effectively no change apparent in the two years to the end of June 2021, net immigration from non EU countries has remained high, with 250,000 in the latest year.
QuoteThere is, as yet, little appetite among Britain’s political leaders for a return to the EU — even if the other 27 member states were prepared to open the door. Even the pro-EU Liberal Democrats admit reversing course is a long-term aspiration, rather than an immediate goal.
QuoteTobias Ellwood, a former Tory defence minister, suggested Britain should rejoin the EU single market to soften the cost of living crisis, and said there was “an appetite” for a rethink and claimed polling indicated “this is not the Brexit most people imagined”. And Daniel Hannan, a leading Tory Brexiter, repeated his longstanding view that Britain should have stayed in the single market under a Norway-style relationship with the EU, while adding that to rejoin it now “would be madness”.
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2 hours ago, GrandPapillon said:also
QuoteThe Federation of Small Businesses (FSB), a lobby group, said 35 of the 132 exporters it surveyed had temporarily suspended trade with the EU or stopped it permanently. One in 10 of the exporters surveyed said they were also considering giving up trade with EU customers.
and there are stats
QuoteWhile trade between the UK and the EU is dominated by larger companies, exports are an important source of business for smaller and mid-sized enterprises. About one-fifth of smaller British businesses exported in 2019, according to government figures, although that represented a decline from the roughly 24% that exported before the financial crisis of 2008.
who said that leaving the single market would not have consequences?
QuoteThe government-backed British Business Bank calculated last year that smaller businesses accounted for about one-third of UK exports in 2018, or £200bn of goods and services.
conclusion :
teething problems are in danger of becoming permanent, systemic ones
While larger firms have the resources to overcome them smaller traders are struggling and considering whether exports are worth the effort any more
https://www.theguardian.com/business/2021/mar/29/small-business-exports-fall-eu-survey-brexit
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Suppose Brexit Britain wants to impose a tax on tech firms which made tons of money lately and pay little taxes...
QuoteA UK government spokesperson said: "Like many countries around the world, we want to make sure tech firms pay their fair share of tax. Our digital services tax (DST) is reasonable, proportionate and non-discriminatory.
what happens then?
the US is threatens to impose punitive import tariffs
https://www.bbc.com/news/business-56565636
who will prevail ?
another proof that Brexit works ????
QuoteBrexit was sold on a myth that buccaneering Britain would be able to use its freedom from EU structures to strike great new trade deals the world over. The problem was twofold: not only was it a daft idea that Britain would expand its exports by trashing its economic relationship with its most important trading partner, it was also simply untrue that agility would somehow trump scale in trade negotiations.
QuoteAs this spat with the US shows, most trading relationships have a very clear dynamic: the larger and stronger party makes its demands, and the smaller and weaker party accepts what it must. That’s why the Brexit deal itself was so one-sided,
https://www.theguardian.com/commentisfree/2021/mar/30/biden-tariffs-brexit-britain-eu-big-tech
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Note the Russian Sputnik V has the same ADN technology.. Along with a very dubious reputation in manipulating testing data.
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35 minutes ago, CG1 Blue said:
- The UK has fully vaccinated (2 jabs) around 5% of the population. That puts them 14th on the list of fully vaccinated citizens per population across Europe.
- The UK has received around 10 million (not 21 million) doses of vaccine from companies who manufactured the vaccines in EU countries (not produced by the EU as you say).
- The EU was slow to negotiate deals with the pharma companies, and ended up with weak deal terms.
- The EU was slow to approve Covid vaccines giving the UK a big head start in vaccinations.
- Some EU countries paused rollout of AZ vaccines (including France who flip-flopped by banning it for older people, then banning it for younger people!).
- This flip-flopping caused reluctance among citizens, with a third of Germans and only 23% of French people happy to take the AZ vaccine.
- Meanwhile the UK just cracked on and rolled both vaccines out across the nation.
- And by the way, Germany placed a side order of 30 million Pfizer Biotech vaccines in a side deal which contradicts the bloc's deal - but you seem to be ok about that.
most of these info seem right to me, though there are some points we could either check (for the data) or discuss (for the interpretation)
for example
QuoteThe EU was slow to negotiate deals
As you know the EU signed its AZ deal before the UK
QuoteThe EU was slow to approve
still the EU approved all covid vaccine before 95% of the countries in the world, why do you call that "slow".
The USA has still not approved the AZ how do you call them?
Canada took exactly the same measure as France did : stop injections for 55 yo or younger. how do you call them?
the truth I think is not that the EU was slow, it's that the UK was lighting fast and took a gamble approving the vaccine despite incomplete data and injecting with a first jab without setting aside the second jab
QuoteI think you need to tone down the anti UK rhetoric. I understand your frustration, and we all want the whole of Europe vaccinated as quickly as possible. But blaming the UK all the time is not doing anyone any good.
why shouldn't we blame the UK? We are in the midst of a pandemic and we send more doses to the UK than we keep for our own
you're talking about 10 millions doses, but the closer we look, the more we discover : this article mention the world sending 30 millions doses to the UK
what I mean is we saved you at the expense of the lives of our own citizens.
OK the AZ testing is a mess, its one of the worst vaccines available, but first it's not the time to be choosy and second most of the vaccines we have sent to the UK are Pfizer.
Pfizer is German, highly efficient, perfectly tested, with no issues.
So I think we can blame the UK for not even saying "thank you" and now "demanding" that we produce more vaccine for them while they are quite safe and the rest of the world is literally dying.
This is both ungrateful and a parasitic behavior how else should we call this?
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1 hour ago, KhaoYai said:
The law in the EU may permit such bans or it may not - I have no idea.
As shared here multiple times it's article 122, I suppose it is like the Internal Market Bill, it is simple yet you cannot take it into account
.. no matter how many times we remind you of a very very basic event or fact
1 hour ago, KhaoYai said:Is that why they resorted to export bans -
Article 122 cannot be challenged and is immediate
court action takes years. Right now, we are in the crisis of the century and we have a parasitic country which we just got out of the woods at our expense and is not even saying thank you.
1 hour ago, KhaoYai said:All this is set against a background of late approvals, temporary bans and generally bad PR regarding the AZ product by both the EU and senior politicians of EU member states
Do you read this thread? Count how many times we have mentioned that the USA contested AZ data and has not authorised its use?
Did you read Canada just banned the AZ for 55-? It's just a few post above?
So it's not the EU, some of the EU countries did not even stop the AZ jab (and I believe they were right), some suspended 72h and started again, some are still suspending. Including Sweden I think, the home country of AstraZeneca.
1 hour ago, KhaoYai said:And our EU brethren
In this situation the UK is more a parasite than a brother, but I'm not sure you factored that in.
The UK has sucked 21 million vaccine produced by the EU (a few AZ but Pfizer mainly).
And they would like some more Europeans to die, just because it is the way the current UK government behaves.
Ironically, I think that if the situation was reversed and the EU was at almost zero dead, we would probably help the UK.
I'm not sure you realise how much of the "bad guys in the story" you are at the moment.
1 hour ago, KhaoYai said:For the sake of its people, I really hope the EU sorts out its vaccine rollout out as soon as possble
No problem, we have a very simple solution:
E.U. Will Curb Covid Vaccine Exports for 6 Weeks https://nyti.ms/3cbYaZb
1 hour ago, KhaoYai said:You can quote me and deny any or all that I've said,
I'm not sure I can "deny" something you just wrote, but I can deny what I said...
.. or deny my signature on a treaty if I'm the UK ????
1 hour ago, KhaoYai said:I won't be replying to any further posts.
If you have useful information to share, I think everyone here will still welcome your contribution.
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9 minutes ago, Monokuro said:
Again, I am truly sorry that your country is being hit by another wave, but that doesn't change the signed deals that the UK has with AZ ????
I have no doubt you're a decent person, but I'm just making a point about what we currently think of the British government declaration
quote
Quotedemanding the European Union
I do not think that in the short term, will be any vaccine coming your way from the EU plants, whatever demands the UK makes.
Unless the UK is in a position to blackmail us, I mean. Which remains open for discussion
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1 hour ago, vinny41 said:
EU chiefs fail to secure new vaccine supply deal - 'It's rebounding on them!'
I'm not sure this is a real issue
@vinny41 I supposed you had a look a the list of orders on the EU page I shared above? With all these orders already passed can you confirm an additional one makes any difference to start with in an orderbook stuffed until 2022? Looking it up in the Guardian I do not see any coverage of the issue.
any chance it's just a swallow provocation to flatter the readership of this tabloid?
I remember you lately posted dubious data from a fringe brexiteer group.
NI Protocol: 'Final talks' due between Rishi Sunak and Ursula von der Leyen
in World News
Posted
economically it's not "more pain", it "much more pain" and to a large extend economy is not just about win-win so we do prefer having japanese automotive plants in the UE rather than the UK
let's have a look
that was really insulting and these simple things explain why the situation with Northen Ireland is suddenly solved. No magic, just basic courtesy
and it works well now, maybe too well
@JonnyF do we agree on that one?
indeed : I am not paying the pension of Farage !
https://archive.is/Ns7Z1#selection-737.0-753.15