And that, in a nutshell, is the 'logic' behind Brexit. Pure nonsense.
Pete, I find it hard to reconcile your business and international experience with your short sighted nationalism. You're letting your heart rule your head.
A couple of points like....The best place to be for the UK is trading with the EU bloc, NAFTA bloc, BRICS, and the Commonwealth.
As the commonwealth has been mentioned once or twice, it's worth having a look at what it represents.
Consisting of 52 countries, occupying 20% of the land mass across all continents, with about one third of the worlds population and about 16% of the world GDP.
It has a population roughly X4 that of the EU.
Unlike the diminishing EU, it is one of the fastest growing population and GDP blocs around. It is of course not a single unified body, but has relationships, sometimes strained or even hostile, that go back over many years through a common consensus and language.
It has many countries that could be defined as under developed, in much the same way as China was a couple of decades ago. But, it has the potential to become one of the largest trading blocs in the world and by far the greatest potential for growth.
Some plucked out graphs...
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As can be seen, we are probably at the very best point of leaving the EU, and doing a deal with it, to allow us to do what we do best and use our quite significant political, economic and military strength to help develop the Commonwealth and provide benefits for all.
I know that our diehard remainers will dismiss the Commonwealth, but the numbers, both for its growth and the EU decline make for fascinating reading. This is a wonderful opportunity for our younger generations to be a part of something that will aid our economy, aid the economies of developed and developing countries, and begin to develop a world view as opposed to a purely European viewpoint over which we have almost no control.
It will be difficult and will take time, but everything worth having always does.
If those under 40 cannot get excited about our potential prospects in leaving the EU, and developing and growing something new, then I genuinely feel sorry for you.......
The best place to be for the UK is trading with the EU bloc, NAFTA bloc, BRICS, and the Commonwealth.
As the commonwealth has been mentioned once or twice, it's worth having a look at what it represents.
Consisting of 52 countries, occupying 20% of the land mass across all continents, with about one third of the worlds population and about 16% of the world GDP.
It has a population roughly X4 that of the EU.
Unlike the diminishing EU, it is one of the fastest growing population and GDP blocs around. It is of course not a single unified body, but has relationships, sometimes strained or even hostile, that go back over many years through a common consensus and language.
It has many countries that could be defined as under developed, in much the same way as China was a couple of decades ago. But, it has the potential to become one of the largest trading blocs in the world and by far the greatest potential for growth.
Some plucked out graphs...
![]()
![]()
![]()
As can be seen, we are probably at the very best point of leaving the EU, and doing a deal with it, to allow us to do what we do best and use our quite significant political, economic and military strength to help develop the Commonwealth and provide benefits for all.
I know that our diehard remainers will dismiss the Commonwealth, but the numbers, both for its growth and the EU decline make for fascinating reading. This is a wonderful opportunity for our younger generations to be a part of something that will aid our economy, aid the economies of developed and developing countries, and begin to develop a world view as opposed to a purely European viewpoint over which we have almost no control.
It will be difficult and will take time, but everything worth having always does.
If those under 40 cannot get excited about our potential prospects in leaving the EU, and developing and growing something new, then I genuinely feel sorry for you.......
A couple of points like....
The commonwealth GDP numbers include the UK and the EU numbers are just the Eurozone and not the total EU
The 2016 GDP of the commonwealth excluding the UK was $7.3TR, and the EU excluding the UK $11.7m
The other largest economies within the Commonwealth are Canada, who've just taken how long to negotiate a trade agreement with the EU? at $1.5TR. India who've already told May they want some form of free movement of workers as part of a deal, at $2.2TR and the Aussies at $1.2TR who've said this summer that they'll do a deal, but not before they've done one with the EU........and therefore where's the gain like?
It's a land of milk and honey theory that somehow the Commonwealth is going to provide a whole raft of new opportunities for the UK post Brexit, that somehow weren't there already. Plus if there's new trade deals to be done with Nations who don't already have deals with the EU, then how are we going to push the EU's nose out of the trough when they push in front of us waving their 27 nation bloc ahead of our 1 nation opportunity?
So what's the plan then? The UK is going to individually go through every commonwealth country and set up trade agreements?
You realise it's 2017 now? These countries aren't just going to roll over out of some weird fondness for years of colonial oppression. I know you will find this very hard to believe, but the UK is just another country to them now.
It's good that you acknowledge it will be difficult and take time, but how long do you really think this will all take? Do you think businesses in the UK will just wait it out?
Both sides of any agreement are going to want something. The other side already have their own established trade partners and don't need the UK, the UK is the side that needs these deals to happen. Can you figure out what they are going to want? India (the country that drives all the growth trends in your graphs) have already come out and said it. Free movement of people.
Is that going to be OK? There was nothing in the leave campaign about lowering immigration was there? Opening up the borders to 1 billion Indians will not be an issue at all for anyone who voted leave? I mean your graph shows that EU population growth is falling so I guess you will need some more people?
A couple of points like....
The commonwealth GDP numbers include the UK and the EU numbers are just the Eurozone and not the total EU
The 2016 GDP of the commonwealth excluding the UK was $7.3TR, and the EU excluding the UK $11.7m
The other largest economies within the Commonwealth are Canada, who've just taken how long to negotiate a trade agreement with the EU? at $1.5TR. India who've already told May they want some form of free movement of workers as part of a deal, at $2.2TR and the Aussies at $1.2TR who've said this summer that they'll do a deal, but not before they've done one with the EU........and therefore where's the gain like?
It's a land of milk and honey theory that somehow the Commonwealth is going to provide a whole raft of new opportunities for the UK post Brexit, that somehow weren't there already. Plus if there's new trade deals to be done with Nations who don't already have deals with the EU, then how are we going to push the EU's nose out of the trough when they push in front of us waving their 27 nation bloc ahead of our 1 nation opportunity?
Pete, when you were working in senior positions in business, did you have to ask the government permission before you sold your produce overseas?
Trade agreements are mostly build on trust and stability. Abrubtly leaving the EU isn't exactly the best signal to send to possible trade partners.
It depended on the product and the country Bruce. Because we owned many companies overseas, technology transfer could take many forms. Obviously there were issues regarding originating technology and any embargo's on technology to certain countries. The government were always involved via Export Control and Export Credits Guarantee Dept, to ensure we got paid of course....why do you ask ?......
Why is everything a 'they won't roll over' scenario. It meant to be win/win. Many of these countries have produce and materials that we want. Many would like technology and other produce in return. People keep saying that all India wants is free movement of people. Do you really believe that allowing their brightest and best to leave is what they want, or do you believe that they want to send out their most desperate, or those with artisan skills. How many Indians do you believe they wish to export, 5M, 10M, 100M, or when they say they want 'free movement' perhaps they just mean a closer working arrangement and ease of visas for the right people.....
Bruce that post was near as a biggest Google you have ever donelolPete, when you were working in senior positions in business, did you have to ask the government permission before you sold your produce overseas?
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