Current Affairs EU In or Out

In or Out

  • In

    Votes: 688 67.9%
  • Out

    Votes: 325 32.1%

  • Total voters
    1,013
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I suspect we are in for a very sharp recession. Seems to me that most companies will reduce, delay or cancel investment plans until the country's future status is much clearer.

Such a drop in investment reduces economic activity and will create a technical recession at least until the first quarter next year. How long it lasts depends upon how quickly we can establish our future trading status with Europe.

Sadly and inevitably this will lead to job losses.

I would normally *like this post - But it doesn't seem appropriate. I'm totally gutted here. The lunatics have well and truly taken control of the asylum
 
I suspect we are in for a very sharp recession. Seems to me that most companies will reduce, delay or cancel investment plans until the country's future status is much clearer.

Such a drop in investment reduces economic activity and will create a technical recession at least until the first quarter next year. How long it lasts depends upon how quickly we can establish our future trading status with Europe.

Sadly and inevitably this will lead to job losses.

The losses aren't the biggest problem; it's the lack of job generation in the future due to lack of investment.
 
I suspect we are in for a very sharp recession. Seems to me that most companies will reduce, delay or cancel investment plans until the country's future status is much clearer.

Such a drop in investment reduces economic activity and will create a technical recession at least until the first quarter next year. How long it lasts depends upon how quickly we can establish our future trading status with Europe.

Sadly and inevitably this will lead to job losses.

It works both ways, do you really think the EU wants to lose their trade with us, crumbs they benefit more than we do. We run a trade deficit with the EU. Last time I looked the EU has been in recession for virtually the last five years, we escaped because we are not in the Euro.
 
The losses aren't the biggest problem; it's the lack of job generation in the future due to lack of investment.

Oh I agree totally. We are coming to the end of the lost decade after the banking crisis and yet we voluntarily extend economic uncertainty for many years ahead.

In economic and political terms we have done what we did in Iraq when we killed Saddam, created a huge power vacuum with no succession plan whatsoever.

A company I am associated with will, on Monday, change plans to build a data centre in the UK and switch it to Germany instead. Several million pounds of investment and 30 jobs not created here.
 
There's so much more at stake here than simple immigration control - The future for our children to study, work and live in any European Country has just been cruelly snatched away. Personally I couldn't give a toss about a bunch of Turks or Romanians moving here. History has shown us time and time again that immigration fuels growth, innovation and increases productivity.

Well-managed immigration does that. What we have seen here over the past ten years has not been well managed, which is why so many of the political leaders responsible have looked to blame immigrants rather than themselves.
 
I suspect we are in for a very sharp recession. Seems to me that most companies will reduce, delay or cancel investment plans until the country's future status is much clearer.

Such a drop in investment reduces economic activity and will create a technical recession at least until the first quarter next year. How long it lasts depends upon how quickly we can establish our future trading status with Europe.

Sadly and inevitably this will lead to job losses.

Sometimes short term pain is worth it in the long run.

People are going on like it's the end of the world . It's not.
 
There's so much more at stake here than simple immigration control - The future for our children to study, work and live in any European Country has just been cruelly snatched away. Personally I couldn't give a toss about a bunch of Turks or Romanians moving here. History has shown us time and time again that immigration fuels growth, innovation and increases productivity.

No it hasn't. We don't have freedom of movement with Australia, Canada or the USA, and yet UK citizens have been emigrating there for years, and will continue to do so. There will continue to be immigration and emigration between UK and EU countries as well. Your children will just have to apply for a visa, just like every other person from outside the EU. There will be different types of visa available, student visas, working holiday etc.
 
A company I am associated with will, on Monday, change plans to build a data centre in the UK and switch it to Germany instead. Several million pounds of investment and 30 jobs not created here.

No different to the EU giving Ford a loan (£80 million, I believe) to move their Transit operation from the UK to Turkey, a non-EU country. Job losses as a result. I think the term is 'shafted'. Sorry, Esk, if you think staying in a corrupt, self-centred, organisation, whose will has over-ridden time and time again the laws and judegments of the UK legally made, led by a small-time prick like Jean Claude Junker is OK, then fine. But count me, and over 17 million others, OUT.
 
I believe we have taken a major backward step. I cannot see the EU cutting us a favourable exit deal, I think they will impose sanctions on our exports in order to post a warning to other countries thinking of withdrawing. I think we will struggle to do trade deals with the major world powers due to the economies of scale.
I am also concerned that the goods we now export to the EU will start to be manufactured within other European countries and we will suffer as a consequence.
I work for a District Council located on the border between Northern Ireland and the Republic, we have benefited massively from European monies in the past, the loss of that money will result in job losses and cuts to services.
We are told that Brexit will not effect the open border between the North and South but I can't see how England can vote for an exit due to Immigration and allow an open border with the EU. A hard border will have a devastating affect on us.
I think it is time to consider leaving the UK and rejoining the EU along with Scotland.
 
Grouch, I'm fed up of the same thing from that side of the argument. People like deadsoft give very little room to manoeuvre, and when they do, it all boils down to the same default reasoning with them.

I gave him the chance to read between the lines and he more or less dismissed a big part of his own case.

I get called a 'nut' for holding my views, but when I point out the glaring omission that they've failed to notice, they dismiss that, too?!

They don't listen, and that's why they lost.

I'm off the off-licence. ;)
I understand some people won't listen to reason, all I'm saying is 'you're not so bright' doesn't progress things.
 
No it hasn't. We don't have freedom of movement with Australia, Canada or the USA, and yet UK citizens have been emigrating there for years, and will continue to do so. There will continue to be immigration and emigration between UK and EU countries as well. Your children will just have to apply for a visa, just like every other person from outside the EU. There will be different types of visa available, student visas, working holiday etc.

You cannot guarantee being able to get VISAs. Canada severely limits the amount of working visas available every year. If this is the case in EU states going forward it will inevitably make things more difficult for those who want to branch out and experience more than our moron filled country.
 
Sometimes short term pain is worth it in the long run.

People are going on like it's the end of the world . It's not.

I'm not saying it is the end of the world but it is a totally unnecessary distraction from a business and investment perspective. Business will adapt once the situation becomes clear, but in the meantime (probably the next two years) will be very cautious about new investment.

As a result employment opportunities will fall, innovation will slow and we all suffer.

Throw in the almost inevitable dogma driven further cuts in Government spending and the short term outlook is extremely bleak.

I'm usually an optimist but I see nothing but economic difficulties in the next few years.
 
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