Current Affairs EU In or Out

[Ruairi77]

It's not just about straight up numbers and the EU, it's far bigger than that.
There might not be a cliff but given the way negotiations have been going, confidence in the governments ability to negotiate global trade deals will be low. Sterling will devalue by 5 to 10% (conservatively) and there will be a run on the markets.
Does Britain have the leadership to steer the economy through the bumpy patch without too much damage, right now, no.

 

[Foot Long Hot Dog]

It’s you that drew conclusions from investment numbers that were going down, facts I think you referred to them as, now you seem to be questioning your own assumptions. What factors do you think affect investment in say the car industry ? Btw, I do have more than the vaguest clue.

So you say if investment in defence goes up, there is a war on ? The U.K. just built two 70,000 ton aircraft carriers (in process) and will invest many £Billions putting aircraft and personnel on board. Which war are we fighting ?

Come on now, they’re your numbers, just post them.......

The conclusions are obvious and have come straight from the horses mouth. You’re so entrenched in your position that you have to try and deny not only the figures but also the words of those who control them.

I’ve fully explained the factors at play, and before you go there, don’t confuse manufacturing investment with R&D spending btw.

Your analogy has zero relevance btw, as I thought my sarcastic reply might have made clear.

Ok seeing as you can’t be arsed, and I have them, here you go;

2010 £1.4BN
2011 £1.5BN
2012 £2.1BN
2013 £2.2BN
2014 £2.1BN
2015 £2.5BN
2016 £1.6BN
2017 £1.1BN
2018 half year £347m

 

[Number_25]

When were they elected?

Soon.

 

[roydo]

Soon.

Why? You seriously think there will be a GE in the middle of all this?

 

[joey_macmo]

Er, try Googling it. Even the Guardian published it. If you go into the Guardian website and enter Mark Carney apology, you should find it.

Can’t find anything like what you’re describing.

A link should be easy to find if you’ve read it before.

 

[peteblue]

The conclusions are obvious and have come straight from the horses mouth. You’re so entrenched in your position that you have to try and deny not only the figures but also the words of those who control them.

I’ve fully explained the factors at play, and before you go there, don’t confuse manufacturing investment with R&D spending btw.

Your analogy has zero relevance btw, as I thought my sarcastic reply might have made clear.

Ok seeing as you can’t be arsed, and I have them, here you go;

2010 £1.4BN
2011 £1.5BN
2012 £2.1BN
2013 £2.2BN
2014 £2.1BN
2015 £2.5BN
2016 £1.6BN
2017 £1.1BN
2018 half year £347m

So what you are saying is that from 2010 to 2013 the number went up, then the number went down, then the number went up, then the number went down, then the number went down again, and somehow you have decided that this is all about Brexit. Now Brexit is a political exercise and perhaps an econonomic factor. So now what about social factors, technological factors (diesel emissions etc, Suv’s), environmental factors, what happened with each of them to say with certainty that it’s all about Brexit. I’m not saying you are are wrong, I’m saying you don’t know if you are right.......

 

[peteblue]

Exactly right peteblue. The EU have an 80bn trade advantage over the UK. Currently, the EU are on the back foot with member states over migration. People forget that the only involvement in Brexit negotiations within the EU is with the Brussels elite. Member states have been (deliberately) excluded. If the EU starts playing hard ball on trade, they will find themselves on the back foot with member states by a factor of about ten.

It’s too late, May has already given in and it’s beginning to look like a stitch up I’m afraid......

 

[roydo]

It’s too late, May has already given in and it’s beginning to look like a stitch up I’m afraid......

Making our own rules.

 

[Foot Long Hot Dog]

So what you are saying is that from 2010 to 2013 the number went up, then the number went down, then the number went up, then the number went down, then the number went down again, and somehow you have decided that this is all about Brexit. Now Brexit is a political exercise and perhaps an econonomic factor. So now what about social factors, technological factors (diesel emissions etc, Suv’s), environmental factors, what happened with each of them to say with certainty that it’s all about Brexit. I’m not saying you are are wrong, I’m saying you don’t know if you are right.......

So a drop from £2.5BN in 2015 to a projected £700m this year is line with a general trend or some other mystery factor you want to try and lob in to try and muddy the waters? Hahahaha you’re incredible lol

They’re not my conclusions btw, they’re the stated reasons of the industry and the SMMT. Oh and when I said the horses mouth earlier, I meant the horses mouth.

 

[Methuselah]

It’s too late, May has already given in and it’s beginning to look like a stitch up I’m afraid......

Not really Pete, There is a good chance of the EU either rejecting it in total or asking for changes which may be unacceptable. I think we are closer to a hard Brexit than at any time. A hard Brexit would work better for us than May's plan, as per my previous post.

 

[Foot Long Hot Dog]

Can’t find anything like what you’re describing.

A link should be easy to find if you’ve read it before.

The supposed apology was right wing media spin, Carney admitted that his forecasts in the short term had been gloomier than the reality, as consumer confidence had proved to be more resilient than expected. The BoE stood by its long term predictions with relation to the economy and Brexit.

 

[Foot Long Hot Dog]

Not really Pete, There is a good chance of the EU either rejecting it in total or asking for changes which may be unacceptable. I think we are closer to a hard Brexit than at any time. A hard Brexit would work better for us than May's plan, as per my previous post.

Hard Brexit would work better for us based solely on the trade deficit? Seriously? So all of the economists are wrong and Methuselah has nailed it with a one liner about the deficit? The Govts own forecasts have a no deal Brexit costing the economy 8% growth over 15 years, with the North West taking a 12% hit.

You also ignored the surplus we have on services btw.

 

[Methuselah]

The supposed apology was right wing media spin, Carney admitted that his forecasts in the short term had been gloomier than the reality, as consumer confidence had proved to be more resilient than expected. The BoE stood by its long term predictions with relation to the economy and Brexit.

That is clutching at straws. Carney's anti-Brexit quotes went on for a considerable time and every one of them bounced. I agree the he's still at it, but what's his track record? The Bank of England record on forecasting the economy is poor.

 

[Foot Long Hot Dog]

That is clutching at straws. Carney's anti-Brexit quotes went on for a considerable time and every one of them bounced. I agree the he's still at it, but what's his track record? The Bank of England record on forecasting the economy is poor.

Anti Brexit? He was giving the BoE’s fiscal forecasts, but what do experts know eh....

 

[roydo]

That is clutching at straws. Carney's anti-Brexit quotes went on for a considerable time and every one of them bounced. I agree the he's still at it, but what's his track record? The Bank of England record on forecasting the economy is poor.

They all are. Poor that is. If either side cling to this forecast or that forecast to defend their position on either side, doesnt really add any reality.

It isnt a forecast to say that unless we have the ability to seamlessly import and export goods globally once we leave next year, chaos could ensue.