Same here mate, I have faith in that the majority of voters on both sides made their decision on what they thought was the right thing to do for them, and not on the crap they were fed.
Current Affairs EU In or Out
- Thread starter micknick
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Same here mate, I have faith in that the majority of voters on both sides made their decision on what they thought was the right thing to do for them, and not on the crap they were fed.
Interesting article on Brexit (at the foot of this post) and how Brexit voters are likely to feel betrayed as the country owns even less of it's resources and Utilities.
For someone like myself who, unlike @Bruce Wayne who has pointed out what he sees as advantages of globalisation, thinks that there has to be another way, I am interested to see what Trump (horror though he is as a personality) does economically to see if we can learn from that. http://gu.com/p/5fyva
For someone like myself who, unlike @Bruce Wayne who has pointed out what he sees as advantages of globalisation, thinks that there has to be another way, I am interested to see what Trump (horror though he is as a personality) does economically to see if we can learn from that. http://gu.com/p/5fyva
Seanjd
Player Valuation: £30m
Does the current government have the balls to opt out of access to the single market? I personally think not. If that's the case, then it will get very interesting. There will be a whole load of people dismayed at what they thought Brexit could be and would Brexit will be.
What does it matter what the nationality of an owner is? What even is the nationality of an owner these days? I mean for many big 'British' companies, such as BP, they have more staff and more revenue overseas than they do in Britain. Tata are an Indian company but have done more for JLR than the British Rover did for many years.
The nationality matters much less than their capabilities. Whether Moshiri succeeds or fails at Everton won't be down to him being Iranian and not sitting next to Bill in the boys pen as a lad.
Doesn't it mean that wealth goes out of the country where if the utility is publically owned (which I think gas pipelines should be) it stays in it?
On that subject my GPs practice is now managed by a private company. We all protested against it to no avail. Previously it was managed by another private company but they weren't allowed to take profits out of it whereas the company who has the new contract is allowed to.
On globalisation in general I agree it creates some economic vigour and plenty of jobs but unfortunately these jobs tend to be low paid and with little job security.
This is why I am thinking something different is required. Whether that's nationalisation and protectionism I don't know but I believe something isn't working and its getting worse: Housing, healthcare, wages, job security. Isn't there another way?
On that subject my GPs practice is now managed by a private company. We all protested against it to no avail. Previously it was managed by another private company but they weren't allowed to take profits out of it whereas the company who has the new contract is allowed to.
On globalisation in general I agree it creates some economic vigour and plenty of jobs but unfortunately these jobs tend to be low paid and with little job security.
This is why I am thinking something different is required. Whether that's nationalisation and protectionism I don't know but I believe something isn't working and its getting worse: Housing, healthcare, wages, job security. Isn't there another way?
joey_macmo
Player Valuation: £35m
what do you think is to blame for the rise in inflation across all measures?
What do you think about the inflation forecasts for next year when the price of Sterling is really going to hit consumers?
I don't really see why. I mean everyone is lauding the investments by Google, Renault, Facebook et al, yet none of those are British companies, and I don't see why it matters.
Regarding the type of job, again I'm not sure we can make blanket statements like that. The people recruited by Google and Facebook, for instance, won't be low paid jobs at all. As I've said numerous times now, where things are really challenging is in the low-skilled end of the market, as there are fewer low-skilled jobs available. It's hard to over-estimate just how important education is
The thing is, again, as I've said many times, economies are not just about production, they're also about consumption, and societies tend to thrive based upon what they can consume, not what they can produce. It's dangerous to focus solely on jobs, as we've been there before under communism, where unemployment was illegal, yet shops were half empty and people treated the arrival of bananas in a shop like Brad Pitt coming to town.
As an aside, I've just had this come through (it won't be on Google @Joey66 as it's not out until tomorrow)
"Over one third (39.4%) of US businesses with a base in the UK say they are considering moving it to elsewhere in the EU because of Brexit - and over half (53.7%) of US businesses that export to the EU claim they are more likely to bypass the UK in order to do business with the rest of the EU as a result of the Brexit vote, according to a report out today by international law firm, Gowling WLG.
The report, which looks at the impact of Brexit on transatlantic trade, shows how the uncertainties surrounding Brexit, in particular the delay caused by issues such as Article 50, are threatening trading links between the UK and the US. A third of US businesses that export to Europe believes a delay of two years for Britain to leave the EU will have a negative impact on their business, with some striking variations between industry sectors. The automotive sector is particularly negative in its outlook with 45% of business believing that a delay would be bad for business. However, by contrast, half of healthcare products businesses believe the delay would have a more positive outcome, possibly because the UK has such a strong reputation as a world-leading healthcare provider.
And the UK domestic market alone may not be sufficiently attractive to retain the current level of trading links between the US and the UK post-Brexit. Only a third (33%) of US businesses says that the size, composition and preferences of the UK market would encourage them to continue trading with the UK. This is possibly because many US businesses use the UK as a gateway to the wider EU market.
But the findings are not all bad and Donald Trump might be an unlikely hope for the UK. Over four in five (81.8%) US companies favour a direct trade arrangement with the UK, mirroring the President-elect's preference for direct deals between countries. And reaching a consensus that satisfies the economic interests of such a major trading partner is now vital as Bernardine Adkins, Head of EU, Trade and Competition, Gowling WLG Brexit Unit, clarifies:
"The strong UK-US trade relationship that has been carefully nurtured over the past fifty years is in serious jeopardy. This is despite a wide consensus amongst US firms that the unique dynamics of the UK market and its access to the rest of the EU drive their preference for doing business here. Concerns that Brexit will have an effect on current investment decisions mean this needs addressing now, not later.
"Without its own privileged relationship with the EU, there is a higher chance that US investment will continue to see the UK as an attractive gateway to the EU's Single Market if the UK can retain important elements of its current access. The possible collapse of TTIP could therefore present an opportunity for the US and the UK to conclude a strong bi-lateral agreement that could facilitate US investment into the UK which may continue to have free access to the EU market."
Additionally, US businesses are split in how they currently view trade and investment within the UK, with as many businesses saying the current uncertainty over the future regulatory environment is having a positive effect (37.5%) as say it is having a negative effect (35.3%).
Commenting further, Bernardine said:
"A flexible approach to trading with both the EU, as well as the US must lead all future negotiations to ensure that businesses can act with the agility needed to meet the requirements of any new agreement that comes into force. By making knee-jerk reactions at a time when there is still so much uncertainty about timeframes, businesses on both sides of the pond could risk being left out in the cold when a new agreement comes into force."
The report also reveals:
• Soft or Hard Brexit: Two thirds of US business leaders say they would prefer some form of soft Brexit with the Swiss model the most popular – a model that won't be implemented.
• Attitudes to Brexit vary in different US sectors: Companies in the food and beverage, life sciences and financial services sectors say they are most likely to consider relocating with aerospace the least likely. The automotive and aerospace sectors are the most pessimistic in the short and long term about the implications of Brexit.
• Investment decisions: Over two thirds of companies say uncertainties over the future regulatory environment is having an impact on current investment decisions.
• Continuing the ‘special relationship’: The size and the consumer preferences of the UK market are the main reason for companies wishing to continue to trade with the UK. Regulatory stability and a trusted legal framework are 2nd and 3rd.
• Need for support: 95% of US firms say they will need third party support and advice in order to successfully deal with Brexit. This is by far and away the most important issue for the financial services sector with two thirds saying they will need financial support. Technical support is more of an issue for aerospace, life sciences and tech companies. Legal support is most required by the aerospace industry.
• It's about more than tariffs: 96% of US businesses say they currently face non-tariff barriers when trading into the EU. The most common of these is variation in rules of origin, followed closely by administrative delays on entry, licensing requirements, product labelling requirements and IP rights including geographic indications. However, the barriers perceived as most onerous are import quotas and the need to register or license goods, with registering and licensing goods also seen as the most expensive. "
"Over one third (39.4%) of US businesses with a base in the UK say they are considering moving it to elsewhere in the EU because of Brexit - and over half (53.7%) of US businesses that export to the EU claim they are more likely to bypass the UK in order to do business with the rest of the EU as a result of the Brexit vote, according to a report out today by international law firm, Gowling WLG.
The report, which looks at the impact of Brexit on transatlantic trade, shows how the uncertainties surrounding Brexit, in particular the delay caused by issues such as Article 50, are threatening trading links between the UK and the US. A third of US businesses that export to Europe believes a delay of two years for Britain to leave the EU will have a negative impact on their business, with some striking variations between industry sectors. The automotive sector is particularly negative in its outlook with 45% of business believing that a delay would be bad for business. However, by contrast, half of healthcare products businesses believe the delay would have a more positive outcome, possibly because the UK has such a strong reputation as a world-leading healthcare provider.
And the UK domestic market alone may not be sufficiently attractive to retain the current level of trading links between the US and the UK post-Brexit. Only a third (33%) of US businesses says that the size, composition and preferences of the UK market would encourage them to continue trading with the UK. This is possibly because many US businesses use the UK as a gateway to the wider EU market.
But the findings are not all bad and Donald Trump might be an unlikely hope for the UK. Over four in five (81.8%) US companies favour a direct trade arrangement with the UK, mirroring the President-elect's preference for direct deals between countries. And reaching a consensus that satisfies the economic interests of such a major trading partner is now vital as Bernardine Adkins, Head of EU, Trade and Competition, Gowling WLG Brexit Unit, clarifies:
"The strong UK-US trade relationship that has been carefully nurtured over the past fifty years is in serious jeopardy. This is despite a wide consensus amongst US firms that the unique dynamics of the UK market and its access to the rest of the EU drive their preference for doing business here. Concerns that Brexit will have an effect on current investment decisions mean this needs addressing now, not later.
"Without its own privileged relationship with the EU, there is a higher chance that US investment will continue to see the UK as an attractive gateway to the EU's Single Market if the UK can retain important elements of its current access. The possible collapse of TTIP could therefore present an opportunity for the US and the UK to conclude a strong bi-lateral agreement that could facilitate US investment into the UK which may continue to have free access to the EU market."
Additionally, US businesses are split in how they currently view trade and investment within the UK, with as many businesses saying the current uncertainty over the future regulatory environment is having a positive effect (37.5%) as say it is having a negative effect (35.3%).
Commenting further, Bernardine said:
"A flexible approach to trading with both the EU, as well as the US must lead all future negotiations to ensure that businesses can act with the agility needed to meet the requirements of any new agreement that comes into force. By making knee-jerk reactions at a time when there is still so much uncertainty about timeframes, businesses on both sides of the pond could risk being left out in the cold when a new agreement comes into force."
The report also reveals:
• Soft or Hard Brexit: Two thirds of US business leaders say they would prefer some form of soft Brexit with the Swiss model the most popular – a model that won't be implemented.
• Attitudes to Brexit vary in different US sectors: Companies in the food and beverage, life sciences and financial services sectors say they are most likely to consider relocating with aerospace the least likely. The automotive and aerospace sectors are the most pessimistic in the short and long term about the implications of Brexit.
• Investment decisions: Over two thirds of companies say uncertainties over the future regulatory environment is having an impact on current investment decisions.
• Continuing the ‘special relationship’: The size and the consumer preferences of the UK market are the main reason for companies wishing to continue to trade with the UK. Regulatory stability and a trusted legal framework are 2nd and 3rd.
• Need for support: 95% of US firms say they will need third party support and advice in order to successfully deal with Brexit. This is by far and away the most important issue for the financial services sector with two thirds saying they will need financial support. Technical support is more of an issue for aerospace, life sciences and tech companies. Legal support is most required by the aerospace industry.
• It's about more than tariffs: 96% of US businesses say they currently face non-tariff barriers when trading into the EU. The most common of these is variation in rules of origin, followed closely by administrative delays on entry, licensing requirements, product labelling requirements and IP rights including geographic indications. However, the barriers perceived as most onerous are import quotas and the need to register or license goods, with registering and licensing goods also seen as the most expensive. "
Hi everyone just got home vrom24 hours stay in A&E too much potassium in my blood needle s every where on drips all day yesterday,and last night!
Hope things are going well Joe?
Make sure you stay cool on this thread Joey, and get well soon!
Undoubtedly some communist countries had shortages of food (I visited the old Soviet Union and wandered off the beaten track into the shops and this was definitely so).
Didn't countries like Cuba get it right though (with housing for everyone and health and education of a higher standard than ours)?
Just got home feeling weak and saved me again!
The Esk
Player Valuation: £70m
Thought you were quiet Joey! In all seriousness take care of yourself mate.
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