If you say so.
Current Affairs EU In or Out
- Thread starter micknick
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If you say so.
Yes you and Tony Blair , and Dim Farron lol
Bruce tbh watching the House of Lords today that's another unelected Polictical establishment needs trimming to an upper house better voted in by PPR to have a more balanced upper house with a bit of clout to stop any extremism in Parliment this place is a expensive outdated talking shop needs reducing to the above imo!
Rhetoric is hard to beat. People have completely lost all sense of reason as a result of this.
Anders_Limpar
Player Valuation: £750k
Do you mean this article?
https://www.theguardian.com/uk-news...ould-mean-6bn-in-extra-costs-for-uk-exporters
That has this section in?:
It is true that due to Britain’s trade deficit, large EU exporters such as Germany and France would each face WTO tariff bills that are almost as high as the UK’s, but there are strong countervailing political pressures to ensure the single market remains attractive to remaining members.
This mutual dependency also threatens British consumers. A WTO estimatebefore the referendum calculated that British consumers faced total annual tariffs on EU imports of £9bn, which could not be waived without also allowing a flood of cheap imports from the rest of the world. That would make exports to Britain more expensive and possibly uncompetitive, something Brexit supporters hope could stimulate domestic producers but may also just fuel inflation.
peteblue
Welcome back Wayne
No that was a different report. The one I referred to was this one......
https://www.theguardian.com/uk-news...lt-and-how-costly-is-a-hard-brexit-leaving-eu
Anders_Limpar
Player Valuation: £750k
Which is part of the same series of articles here:
https://www.theguardian.com/uk-news/series/the-brexit-gamble
Think it a bit much to accuse them of scaremongering when you hadn't read them all.
peteblue
Welcome back Wayne
There is very little objective balance, even the title 'the Brexit Gamble' sets up the reader to hear a slanted point of view......
Its the guardian what do you expect, they are playing up to there readership, bit like the mail on the other side.
Problem with these sort of things is they dont take into account the fliud nature of the world , what is correct today might be so off the mark when these things actully come into play.
Both sides will be open to look elsewhere if tarriffs make a product to high, the UK has the edge as it hasnt got 20 odd others to worry about while looking at the worlds markets for goods.
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hallamblue
Player Valuation: £50m
We are currently a massive net importer of goods, therefore any "tit for tat" tariffs would bring us more income in than costs. My hope is that Brexit will lead to a rebalancing of the economy. Foreign goods will be very expensive, so we will either have to consume less or start producing more, or both.
It seems to me that tariffs harm exporters, ie companies, who end up being priced out of markets they were previously competitive in, thus potentially harming jobs. Tariffs on imports may net the government some cash, but they harm consumers by making the products we buy more expensive.
So when you say income, what we're really saying is that the private sector and consumers lose out, but the government might earn a little bit more. Think of it like this (borrowed from an article I wrote on it)
"The merits of globalization were quite aptly described by British economist Henry Martyn back in the 1700s. He used the analogy of technological innovation to make his point, and suggested that by using a tool (a sawmill in his case), we could perform the work of 30 men with the labor of two men.
Now of course, we could employ those 30 men instead, but that would be a waste of human resources. The same is true for most technologies, and whilst most would surely agree that technology is a force for good, it's not an assumption that can be guaranteed.
Martyn went on to compare this with globalization, and suggested that if another country can produce textiles (for instance) more efficiently than we can, then it is akin to having a new technology to do likewise, and we should jump at such an opportunity and instead deploy our resources to trade with that nation in areas that we can excel."
So 're-shoring' that which other countries can do better, is akin to regressing the technology we use. Hardly seems very wise to me.
hallamblue
Player Valuation: £50m
The whole fact is that other countries don't do it better, they do it cheaper as they pay their labour force buttons. So you get companies like Primark and Sports Direct selling cheap rubbish clothing which people buy and then throw away 3 months later. If we had an economy where we manufactured good quality clothing, and tariffs meant clothing from the 3rd world wasn't much cheaper, we would soon rebuild a textile manufacturing base.
if the EU put tariffs on we will gain 3 billion if we match them we only import 45% of our goods off them now , and thats forecast to drop even if we were staying in!
Foot Long Hot Dog
Player Valuation: A packet of pork scratchings
The tariffs would have to be a multiple of the cost per unit price for that to be even vaguely possible.
I can't believe you're being so undemocratic and looking to go against the will of the people.
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