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So the UK is finished says Theresa Mayhem


fatshaft

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4 minutes ago, woolley said:

@ Mojo. @ Rog: Of course Mojo is correct about the current legal situation and the member states are assiduously toeing the line. However,  what Rog says undeniably has merit. Can you imagine a situation where BMW cannot sell into the UK competitively because the EU says so? Of course not. The same goes for every other major exporter on both sides. This is why the scare stories are just that, and it is why, inevitably, solutions will be found. Brussels might want its rules but it needs money and governments need their taxes even more. So chill!

Rog is the one seemingly promoting no trade with the EU and then supporting his false claims with crystal ball predictions. He appears to be so blinkered by his dislike of the EU that he cannot see past that. I am just highlighting that it was fine to leave the EU if that was the will of people but to expect the UK to suddenly have no dealings with the EU is naive. Strange how whenever someone puts forward a possible negative consequence of leaving the EU they are just pushing Project Fear but when Rog makes speculations about the future of the EU they are seemingly treated as fact. It can't be both ways. I personally cannot see why wanting a strong UK economy and a strong economy in EU member states is not a bad thing, the UK is in Europe no matter what happened.

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19 minutes ago, mojomonkey said:

Rog is the one seemingly promoting no trade with the EU and then supporting his false claims with crystal ball predictions. He appears to be so blinkered by his dislike of the EU that he cannot see past that. I am just highlighting that it was fine to leave the EU if that was the will of people but to expect the UK to suddenly have no dealings with the EU is naive. Strange how whenever someone puts forward a possible negative consequence of leaving the EU they are just pushing Project Fear but when Rog makes speculations about the future of the EU they are seemingly treated as fact. It can't be both ways. I personally cannot see why wanting a strong UK economy and a strong economy in EU member states is not a bad thing, the UK is in Europe no matter what happened.

No.  The UK is NOT in Europe.  As for speculation - no.  It's watching what is taking place and "reading the runes".  As a now long time investor in a number of markets to make big bucks is about speculation. Sometimes you lose - but get it right most times you win.

At chaotic times such as this reading the runes is vital.

As for trade with states in the EU short of issuing sanctions, which they DARE not do, all the European Commission could do would be to introduce taxation on goods from the UK but our being free to trade with the world without having taxes imposed on goods imported from outside of the EU would more than offset any taxes placed on our goods by the EU.

 

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It’ll happen overtime, it’ll be price and convenience driven.

UK was a member of a club. It had advantages. It had costs. To avoid the costs, cash, loss of alleged sovereignty, whatever, it left the club. U.K. can’t expect the advantages to continue.

EU have made it clear that there won’t be tariff free and frictionless entry into the single market without a level playing field on workers right, standards, etc.

Once prices go up because of tariffs U.K. will source products elsewhere. And try and sell elsewhere. Likewise EU. The big difference is that EU/EEAhas 500 million market and some of the Eastern countries, and  Spain, Portugal, Ireland, are growing fast. 
 

EU manufacturers, suppliers, food producers will redirect internally. The overall loss to them won’t be large in percentage terms, and fringe growth will take up the slack.

UK is in a much weaker position. The EU will stop buying from U.K. . I’m not convinced the U.K. can develop alternative markets fast enough. The percentage effect on U.K. is huge.

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1 minute ago, John Wright said:

It’ll happen overtime, it’ll be price and convenience driven.

UK was a member of a club. It had advantages. It had costs. To avoid the costs, cash, loss of alleged sovereignty, whatever, it left the club. U.K. can’t expect the advantages to continue.

EU have made it clear that there won’t be tariff free and frictionless entry into the single market without a level playing field on workers right, standards, etc.

Once prices go up because of tariffs U.K. will source products elsewhere. And try and sell elsewhere. Likewise EU. The big difference is that EU/EEAhas 500 million market and some of the Eastern countries, and  Spain, Portugal, Ireland, are growing fast. 
 

EU manufacturers, suppliers, food producers will redirect internally. The overall loss to them won’t be large in percentage terms, and fringe growth will take up the slack.

UK is in a much weaker position. The EU will stop buying from U.K. . I’m not convinced the U.K. can develop alternative markets fast enough. The percentage effect on U.K. is huge.

Shhhhhh, that's

PROJECT FEAR!!!!

  • Haha 1
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4 minutes ago, Rog said:

No.  The UK is NOT in Europe.  As for speculation - no.  It's watching what is taking place and "reading the runes".  As a now long time investor in a number of markets to make big bucks is about speculation. Sometimes you lose - but get it right most times you win.

At chaotic times such as this reading the runes is vital.

As for trade with states in the EU short of issuing sanctions, which they DARE not do, all the European Commission could do would be to introduce taxation on goods from the UK but our being free to trade with the world without having taxes imposed on goods imported from outside of the EU would more than offset any taxes placed on our goods by the EU.

 

But without FTA the tariffs against U.K. goods exported to non EU countries will be higher than now under WTO. And to the EU will be much higher than the current zero.

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2 minutes ago, John Wright said:

But without FTA the tariffs against U.K. goods exported to non EU countries will be higher than now under WTO. And to the EU will be much higher than the current zero.

It really doesn't matter.  The most important thing is that we regain our independence and sovereignty.

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Just now, mojomonkey said:

For the record, you are saying the United Kingdom is not located in Europe? Where the fuck is it then? You are a European you dimwit.

The UK is an archipelago located off shore of the continental land mass.

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5 minutes ago, mojomonkey said:

Maybe in your head but in the real world it is part of the European continent. Are you so blinkered that you cannot bring yourself to accept a difference between Europe and the EU?

The UK is NOT a part of Europe. There's a festering great barrier of water between us and Europe (though sadly not enough to keep criminals out)

The EU is a collection of states under the heel of the European Commission.

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7 minutes ago, John Wright said:

It’ll happen overtime, it’ll be price and convenience driven.

UK was a member of a club. It had advantages. It had costs. To avoid the costs, cash, loss of alleged sovereignty, whatever, it left the club. U.K. can’t expect the advantages to continue.

EU have made it clear that there won’t be tariff free and frictionless entry into the single market without a level playing field on workers right, standards, etc.

EU can make clear what it likes and is bound to do so because this calls into question its raison d'etre In the end though,  this will be driven by financial imperative. The UK was not 1/28th of the club as we are often told. It was closer to one eighth with one of the most dynamic economies. Of course the EU must try to hold the line on what it will sign up to in the lead up to talks. It is in an existential struggle, and it knows so. In the end though,  compromise is inevitable. 

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42 minutes ago, John Wright said:

But without FTA the tariffs against U.K. goods exported to non EU countries will be higher than now under WTO. And to the EU will be much higher than the current zero.

That's why there will be an agreement. Money talks and business is money.  

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