SURVEY: Brexit -- Good or Bad Idea?

[Orac]

7 minutes ago, Grouse said:

That's not good. ?

 

6 hours ago, Orac said:

Disturbing news on the money front - the print article of this has even more dire predictions.

http://www.independent.ie/world-news/europe/britain/new-figures-show-britain-500bn-poorer-than-thought-36230217.html


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1 minute ago, nauseus said:

If you mean the Indyrag then I agree. Nothing like this on proper financial news sites.

 

Except it isn’t the ‘Indyrag’. It is an article by Ambrose Evans-Pritchard, the International Business Editor of the Daily Telegraph and appears on front page of their business section this morning - I linked to the Irish Independent since the Telegraph have it as a premium item so needs subscription.

 

The hard copy also quotes a financial analysis from NY Bank of Mellon suggesting  it could lead to another drop in the pound with him saying it could be as much as 20%.

[Grouse]

3 minutes ago, Orac said:

 

 

 

Except it isn’t the ‘Indyrag’. It is an article by Ambrose Evans-Pritchard, the International Business Editor of the Daily Telegraph and appears on front page of their business section this morning - I linked to the Irish Independent since the Telegraph have it as a premium item so needs subscription.

 

The hard copy also quotes a financial analysis from NY Bank of Mellon suggesting  it could lead to another drop in the pound with him saying it could be as much as 20%.

???

[MaeJoMTB]

1 hour ago, taipeir said:

Welcome the labour government next Haha.  Fact is British are practical people. They've a lot in common with the Germans. There's going to be a lot of angry people out there when they find out they've been taken for a ride by the racist media, jingoism, toffs, backwards looking pensioners and ambitious politicians. Watching their living standrards go down....And down.

 

 

As has happened already with austerity and falling GBP but going to get worse for the middle classes now......

 

 

Loads of these Brexit voting pensioners getting hit hard now though. They didn't believe the GBP would crash. Their favorite sport was sneering at the Greeks and poor immigrants . Not very nice is it being poor ?

 

There's no glory in a poor empire.

 

 

The thing is..The UK is ' the economy' and a mercantile nation that has just shot itself in the head and trying to call it brain surgery!

 

 

Gbp hasn't  crashed. Thai baht is strong. Before brexit Philippine peso 70 to the pound, today Philippine peso 69 to the pound. Don't assume all expats live  in Thailand. 

[tomacht8]

The contract-constructions, dependencies and interactions that have been created in the EU for over 40 years are more complicated than all the laws of quantum physics.

To let laymen vote about it without preparations, is madness.

We are now experiencing the result. Brexit without a plan, frantic, improvised, every politician talks without guidelines, insecurity of all.

 Brexit as dead birth.

[tomacht8]

Double post

Edited October 16, 2017 by tomacht8

[nauseus]

12 minutes ago, Orac said:

 

 

 

Except it isn’t the ‘Indyrag’. It is an article by Ambrose Evans-Pritchard, the International Business Editor of the Daily Telegraph and appears on front page of their business section this morning - I linked to the Irish Independent since the Telegraph have it as a premium item so needs subscription.

 

The hard copy also quotes a financial analysis from NY Bank of Mellon suggesting  it could lead to another drop in the pound with him saying it could be as much as 20%.

Sorry, it's the Irish one. Yes, don't want you to pay for the Telewag.

 

But I can't see any panic on the FX and no news elsewhere?? We'll see.

[nauseus]

6 minutes ago, tomacht8 said:

The contract-constructions, dependencies and interactions that have been created in the EU for over 40 years are more complicated than all the laws of quantum physics.

To let laymen vote about it without preparations, is madness.

We are now experiencing the result. Brexit without a plan, frantic, improvised, every politician talks without guidelines, insecurity of all.

 Brexit as dead birth.

The laymen had been prepared to vote for years.

[sead]

Let me enlight some of you of my thoughts

All foreign workforce that comes to UK to work are paying UK taxes. That is true. BUT if they work less than 6 months then they are given back their taxes so that they can pay taxes in their own country and thats a fraction of UK taxes. When the guys from fx Romania or Poland comes to UK or any other EU country they are loading their cars FULL of food and beverages as vodka, cigarettes etc. The food is for them and the rest you figure. If the UK kick some unwanted person out of the country then that person can very easy come in again but that will change with Brexit and taxes will be paid on all cigarettes etc they take in. They will have to buy food inside UK and pay taxes. Now that wont be an attractive country anymore so they will ofc turn to their friendly neighbouring EU countries which will free up alot of workspace for people in UK and with that the salaries will go up. Now in some articles you can read 1 million people are ready to leave UK so i can only guess how many there are not contributing to UK. Highly skilled they say, well i havent seen many highly skilled Polish, Romanian nor lithuanian or Hungarian etc. And i work with them.

So i Brexit good, I say fucki,,g YES and im from Sweden.

Edited October 16, 2017 by sead

[nauseus]

36 minutes ago, whatsupdoc said:

Why would food be cheaper after Brexit??? WTO tariffs will be extra for everything but especially high for food....

Because after the high EU tariffs are placed on food from outside the EU  (we cannot avoid these as a member), cheaper food that could come from other countries becomes more expensive and cannot compete. This is just one example of how EU policy makes the cost of living higher than it need be.

[Grouse]

Big day today!

 

The first Hitachi locomotives start to take over UK railways. The ASSEMBLY plant is just outside Durham.

 

Is anyone in charge?

 

The Japanese are selling us railway locomotives to supply parts to the Japanese car ASSEMBLY plants!

 

Depressed ?

[sead]

17 minutes ago, nauseus said:

Because after the high EU tariffs are placed on food from outside the EU  (we cannot avoid these as a member), cheaper food that could come from other countries becomes more expensive and cannot compete. This is just one example of how EU policy makes the cost of living higher than it need be.

Exactly. The world is now open for trades. 

[taipeir]

Because after the high EU tariffs are placed on food from outside the EU  (we cannot avoid these as a member), cheaper food that could come from other countries becomes more expensive and cannot compete. This is just one example of how EU policy makes the cost of living higher than it need be.

Food is already dirt cheap in UK supermarkets and it already comes in from all over the world. Tropical fruit and rice in the UK is cheaper than many Asian countries where they grow the stuff!

 

https://cilisos.my/is-it-really-more-expensive-to-live-in-msia-than-the-uk/

 

 

Obviously being a member of.the EU you can get tariff free food from any country in the bloc and there are already some existing low tariff trading agreements between EU and some countries anyway.

 

The problem is not the tariffs so much as the regulations around food safety, lots of bureaucracy and logistical headaches and the farmers in the UK would be in a bad way if they don't get subsidised.

 

 

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[MaeJoMTB]

18 minutes ago, Grouse said:

The first Hitachi locomotives start to take over UK railways. The ASSEMBLY plant is just outside Durham.

The Japanese are selling us railway locomotives to supply parts to the Japanese car ASSEMBLY plants!

I thought the French (Govia) owned all the English railways, Welsh owned by Germans (Arriva), Scotrail owned by Netherlands (Abellio). All the British railways were sold to Europe after an EU directive, but only Britain followed that directive, the other EU  countries all said sorry, we're keeping our railways. The British government still gives free handouts to the EU owned British railways.

 

So it doesn't matter.

Edited October 16, 2017 by MaeJoMTB

[Grouse]

9 minutes ago, MaeJoMTB said:

I thought the French owned all the English railways, Welsh owned by Germans, Scotrail owned by Netherlands.

So it doesn't matter.

Don't get me going on utilities!

 

The daft Brexiters are looking at the wrong target! One would imagine they would know they're being stuffed up the tradesmens' by their own government!

 

How much rolling stock in the EU is provided by Japan?

 

Does the U.K. Do anything??? (except Marmite)

[MaeJoMTB]

3 minutes ago, Grouse said:

Does the U.K. Do anything??? (except Marmite)

Yes, the UK follows EU directives to  let foreign state backed companies to buy British railways.

Without the EU, they would still be owned by Britain, and Brexit may return the railways.

 

Marmite, the marmite sold in Thailand all comes from New Zealand, and uses a completely different yeast to the marmite manufactured in the UK. I can't stand the taste of NZ marmite, it's completely different.

 

 

Edited October 16, 2017 by MaeJoMTB

[Grouse]

http://www.independent.co.uk/news/business/news/britain-490-billion-pounds-poorer-ons-figures-uk-brexit-talks-position-revision-gdp-a8002871.html

 

Is this correct?

 

Where's the emergency alarm???

[jacko711]

I am not British, so my opinion doesn't really matter, but...
 
I think that the UK made a terrible decision in leaving the EU. It was a leading member of a very large community that enshrined many of the cultural aspects and values that the UK helped create and holds dear to this day; the right to free speech, the right of religious liberty, the right of free movement, the right of a free press, etc. 
 
The UK has made itself small. It has made itself small economically. It has made itself small militarily. It has made itself small on the world stage. It has made itself small culturally. I could go on, but the point is made.
 
Forgive me, but as an outside observer, I see a small majority of the people who voted to look backwards to a "better time", but that time does not and did not exist.
 
It was a lack of self-confidence in the future. 
 
It was an act of fear, and a mistake.
 
Sad days.

So far wrong, lol it was a tactical money move they crash the eu now and profit from it and become one of the biggest forces, wait n see

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[aright]

1 hour ago, Grouse said:

Big day today!

 

The first Hitachi locomotives start to take over UK railways. The ASSEMBLY plant is just outside Durham.

 

Is anyone in charge?

 

The Japanese are selling us railway locomotives to supply parts to the Japanese car ASSEMBLY plants!

 

Depressed ?

How many times do you have to be told. It's called Capitalism.

Other options are available. Try Corbyn at the next election.

[nauseus]

1 hour ago, taipeir said:

Food is already dirt cheap in UK supermarkets and it already comes in from all over the world. Tropical fruit and rice in the UK is cheaper than many Asian countries where they grow the stuff!

 

https://cilisos.my/is-it-really-more-expensive-to-live-in-msia-than-the-uk/

 

 

Obviously being a member of.the EU you can get tariff free food from any country in the bloc and there are already some existing low tariff trading agreements between EU and some countries anyway.

 

The problem is not the tariffs so much as the regulations around food safety, lots of bureaucracy and logistical headaches and the farmers in the UK would be in a bad way if they don't get subsidised.

 

 

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Be cheap at half the price - which they are in Thailand!

[nauseus]

1 hour ago, Grouse said:

http://www.independent.co.uk/news/business/news/britain-490-billion-pounds-poorer-ons-figures-uk-brexit-talks-position-revision-gdp-a8002871.html

 

Is this correct?

 

Where's the emergency alarm???

Non-story at the moment.

[mommysboy]

12 minutes ago, aright said:

How many times do you have to be told. It's called Capitalism.

Other options are available. Try Corbyn at the next election.

This must rank as the worst government ever.  I mean Labour governments are notorious for economic mismanagement, but the Tories have done worse than all of them put together, without even improving the lot of the poor as the socialists do.

 

We've had enough of the Capitalism you describe- it's bereft of everything, most importantly of all it doesn't do what it says on the tin.  Currently, it appears that the majority of voters will choose the Corbyn option, and thus for a regime that is progressive, and not morally bankrupt.

 

 

[taipeir]

Be cheap at half the price - which they are in Thailand!

Yeah the famous Thai chicken, worst quality going. Cheap food at cheap prices.

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[citybiker]

No, not quite. I blame the educationally under achieved for the Brexit majority. I blame successive governments as the root cause of the dissatisfaction.

Educationally under achieved, is that an academically supported with evidence thesis, bearing in mind Brexit is incomplete or just viewpoint? (Element of sarcasm included)

 

Otherwise, that’s a lot considering a 17million majority ;-)

 

Lastly, I also agree reference government dissatisfaction.

 

 

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[adammike]

1 hour ago, Grouse said:

Big day today!

 

The first Hitachi locomotives start to take over UK railways. The ASSEMBLY plant is just outside Durham.

 

Is anyone in charge?

 

The Japanese are selling us railway locomotives to supply parts to the Japanese car ASSEMBLY plants!

 

Depressed ?

First loco Had its maiden trip today from Bristol,something broke  and there was a 40 minute delay at the start and then the airco flooded some seats,lots of people had to stand and sweat without the air-conditioning. The transport minister was on board. Who they gonna blame when they actually leave the EU? 

[aright]

6 minutes ago, mommysboy said:

This must rank as the worst government ever.  I mean Labour governments are notorious for economic mismanagement, but the Tories have done worse than all of them put together, without even improving the lot of the poor as the socialists do.

 

We've had enough of the Capitalism you describe- it's bereft of everything, most importantly of all it doesn't do what it says on the tin.  Currently, it appears that the majority of voters will choose the Corbyn option, and thus for a regime that is progressive, and not morally bankrupt.

 

 

Not morally bankrupt?????

Last week John McDonnell was asked about his plans for nationalising companies and industries. He said his priorities were Rail, Water and Energy and Royal Mail. When asked if shareholders would get the full value of their investment he said the value would be determined by Parliament. (I interpret that as no). He added that consumers had been exploited by these companies. (I interpret that as it's pay back time). He then announced the payback would not be in cash but in the form of government bonds.

It would appear Labour will make forced purchases of these Companies  at below the holdings true value.

The Pensions and ISA's of millions of people will be affected (for that read reduced) by these plans.

All this from a regime you regard as progressive and not morally bankrupt. 

[Grouse]

17 minutes ago, citybiker said:

Educationally under achieved, is that an academically supported with evidence thesis, bearing in mind Brexit is incomplete or just viewpoint? (Element of sarcasm included)

 

Otherwise, that’s a lot considering a 17million majority ;-)

 

Lastly, I also agree reference government dissatisfaction.

 

 

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17 Million majority! I had no idea

[Grouse]

11 minutes ago, aright said:

Not morally bankrupt?????

Last week John McDonnell was asked about his plans for nationalising companies and industries. He said his priorities were Rail, Water and Energy and Royal Mail. When asked if shareholders would get the full value of their investment he said the value would be determined by Parliament. (I interpret that as no). He added that consumers had been exploited by these companies. (I interpret that as it's pay back time). He then announced the payback would not be in cash but in the form of government bonds.

It would appear Labour will make forced purchases of these Companies  at below the holdings true value.

The Pensions and ISA's of millions of people will be affected (for that read reduced) by these plans.

All this from a regime you regard as progressive and not morally bankrupt. 

Sounds good to me!

[mommysboy]

26 minutes ago, aright said:

Not morally bankrupt?????

Last week John McDonnell was asked about his plans for nationalising companies and industries. He said his priorities were Rail, Water and Energy and Royal Mail. When asked if shareholders would get the full value of their investment he said the value would be determined by Parliament. (I interpret that as no). He added that consumers had been exploited by these companies. (I interpret that as it's pay back time). He then announced the payback would not be in cash but in the form of government bonds.

It would appear Labour will make forced purchases of these Companies  at below the holdings true value.

The Pensions and ISA's of millions of people will be affected (for that read reduced) by these plans.

All this from a regime you regard as progressive and not morally bankrupt. 

 

The nationalised utilities have been organized in to nothing more than a government sanctioned cartel, driven by the short term strategies of the hedge funds you defend, at the expense of every ordinary man, woman, and child you purport to stand up for.

 

We don't even have true Capitalism at the moment, but rather a rigged system that bails out its own.  There may be an element of restorative justice, but who will care? Not the millions who can not afford to live at the moment.  It really is a case of reap what has been sown.

Edited October 16, 2017 by mommysboy

[mommysboy]

30 minutes ago, aright said:

Not morally bankrupt?????

Last week John McDonnell was asked about his plans for nationalising companies and industries. He said his priorities were Rail, Water and Energy and Royal Mail. When asked if shareholders would get the full value of their investment he said the value would be determined by Parliament. (I interpret that as no). He added that consumers had been exploited by these companies. (I interpret that as it's pay back time). He then announced the payback would not be in cash but in the form of government bonds.

It would appear Labour will make forced purchases of these Companies  at below the holdings true value.

The Pensions and ISA's of millions of people will be affected (for that read reduced) by these plans.

All this from a regime you regard as progressive and not morally bankrupt. 

 

Sounds like a fair, equitable, and progressive plan to restore what rightfully belongs to the nation.

[nauseus]

1 hour ago, taipeir said:

Yeah the famous Thai chicken, worst quality going. Cheap food at cheap prices.

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Well make your mind up!