woody2 Posted March 3, 2017 Share Posted March 3, 2017 ouch.... And Patrick Minford, chairman of Economists for Brexit, said it was wrong to assume that Brexit without an EU trade deal would be bad for the UK. "Our research demonstrates that that if the UK removes all import tariffs, even if the EU does not reciprocate, we will add to 4% to GDP and 7.3% to UK treasury receipts, compared to the status quo," he said. "Our economy can and will flourish outside the single market and we do not need a trade deal with the EU to deliver that." Quote Link to comment Share on other sites More sharing options...
Chinahand Posted March 3, 2017 Share Posted March 3, 2017 Now that is a right wing point of view! An economist a long time ago wrote: if your trading partner throws rocks into his harbour, that is no reason to throw rocks into your own. I pretty much agree with that, but politicians think free trade is a bargaining chip, and think they can throw rocks which can land only in their rivals harbours and not theirs. Woody, would you be willing to accept German cars tariff free if the Germans put a 35% tariff on our exports to them? Doing that would be better for Britain than reciprocating the German protectionism - 4% better according to Mr Minford A German tariff would be very bad news indeed for our car makers but responding by hurting the UKs car buyers is no solution to that at all. But passively dropping our tariffs while the EU raises them is political poison because of the popular view that protectionism helps an economy. Quote Link to comment Share on other sites More sharing options...
woody2 Posted March 3, 2017 Share Posted March 3, 2017 what is right wing about leaving the eu without a deal and going under WTO rules.... Quote Link to comment Share on other sites More sharing options...
Lxxx Posted March 3, 2017 Share Posted March 3, 2017 We are probably going to enter a period of trade wars, currency wars and then probably literal wars. It was always unavoidable once the world economy continues to head down, we just need to position ourselves in the best spot to negotiate our way through it as best we can. Quote Link to comment Share on other sites More sharing options...
Tarne Posted March 3, 2017 Share Posted March 3, 2017 It does feel that way Lxxx. I can see China asserting itself in a war too. Quote Link to comment Share on other sites More sharing options...
the stinking enigma Posted March 3, 2017 Share Posted March 3, 2017 It will get to the point where it looks like war but there wont be one. If i am wrong you can quote me on that come the time. 1 Quote Link to comment Share on other sites More sharing options...
pongo Posted March 3, 2017 Share Posted March 3, 2017 then probably literal wars This is something I would politely disagree with. But I would be curious to know more about why you believe that. And I do think that you seem to sometimes tend towards dramatically bleak outlooks. I've ribbed you about that before - ie on the economy, gold, the future of the IOM etc. (Accepting of course that there are always little wars, the threat of increased tensions, proxy wars etc). It's partly that I don't believe the conditions exist for big wars today between the economically developed nations. It's partly that I believe there is nothing to win anymore. Quote Link to comment Share on other sites More sharing options...
woody2 Posted March 3, 2017 Share Posted March 3, 2017 civil war in the eu is not far away, merkel has stopped all street protests against her failed policies... i see sturgeon has gone batshitcrazy..... 1 Quote Link to comment Share on other sites More sharing options...
quilp Posted March 3, 2017 Share Posted March 3, 2017 It's partly that I don't believe the conditions exist for big wars today between the economically developed nations. It's partly that I believe there is nothing to win anymore. I very politely agree with this. And the small wars bit. Quote Link to comment Share on other sites More sharing options...
Tarne Posted March 3, 2017 Share Posted March 3, 2017 It will get to the point where it looks like war but there wont be one. If i am wrong you can quote me on that come the time. "As the bombs fell and the fire razed across the horizon, Tarne couldn't help but think his last thought "HA, Enigma was wrong!"" 1 Quote Link to comment Share on other sites More sharing options...
the stinking enigma Posted March 3, 2017 Share Posted March 3, 2017 I just hope it brings some small comfort 1 Quote Link to comment Share on other sites More sharing options...
woolley Posted March 3, 2017 Share Posted March 3, 2017 @ Pongo: I do admire your optimism but there will always be wars and strife. It is part of the human condition. I wonder how many observers down the century have considered war obsolete. They've always been wrong and they always will be. The only thing that has improved is the ferocity of the weapons. The belief that it can't happen to us in our time is actually quite a dangerous complacency. Vigilance is not bleak. It is insurance. 1 Quote Link to comment Share on other sites More sharing options...
woody2 Posted March 4, 2017 Share Posted March 4, 2017 i think we should keep hold of the british bases in germany. park a few nukes, job done..... Quote Link to comment Share on other sites More sharing options...
Chinahand Posted March 4, 2017 Share Posted March 4, 2017 The UK no longer has any non-trident based nuclear capability. Quote Link to comment Share on other sites More sharing options...
the stinking enigma Posted March 4, 2017 Share Posted March 4, 2017 (edited) Trident is only leased anyway. We don't own them. Saves on M.O.T and air tax is my best guess http://www.politico.eu/article/uk-trident-nuclear-program/ Edited March 4, 2017 by the stinking enigma Quote Link to comment Share on other sites More sharing options...
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