Current Affairs EU In or Out

[toffee matt]

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.

No it hasn't

 

[JLW]

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.

The next few years is not what we voted for mate, it was for the next few decades and beyond

 

[Bluesaint]

Lunatics eh.

From the fella who's totally gutted the majority of people in this country think differently to him.lol

It was hardly a majority in fact it was almost an even split.

 

[AndyC]

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.

Is a not unreasonable summation.
It would surprise me if the likes of Nissan, Toyota and Honda will postpone or delay production of new models at their UK production plants and the related drop in design, tooling, components etc could likely have an adverse affect upon jobs.

The car side of the automotive sector is one which could determine a lot given the amount of cars produced in the UK and exported versus the amount imported from the EU particularly from France and Germany.

Where trucks are concerned, the relationship is even more stark given the propensity of Mercedes, MAN, DAF, Volvo, Scania and even Renault trucks imported to the UK.

 

[tsubaki]

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.

Perhaps, though I think one of the things to come out of the referendum is how left-wing the Leave campaign actually was - recognizing the impact that a policy of encouraging immigration has had on those at the bottom (and some of the way up) of the economy, the effect on housing, the NHS etc, and recognizing that the EU has largely benefited big business. That genie cannot now be put back into the bottle.

Of course the right are now trying to pretend that they cannot deliver these things, but that does ignore the fact that there is one party that will.

 

[Dymak]

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.

You are correct. VISA's are not just doled out to everyone and anyone. That's the reason for the VISA system. Does limiting their VISAS make Canada racist? Does it cause irrevocable damage to their society?

I imagine there will be a similar working holiday visa program that we have with Australia for under 30's. I know loads of Aussies who have come to live here permanently after originally coming over on one of those. They had to have a job though, and weren't criminals.

 

[The Esk]

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 [Poor language removed] like Jean Claude Junker is OK, then fine. But count me, and over 17 million others, OUT

I'm no great fan of the EU, but to make a decision of such magnitude without knowing what the future relationship is with your major trading partner, and having no idea of what future economic policy will be applied by our own Government is folly of the greatest form.

If there was a plan or a strategy which we all knew about I can understand the decision, but to make such changes blind is madness.

 

[Paul w]

I see the remain camp have got a million signatures calling for a new vote with certain recommendations, appears mainly to originate in London.

I wonder if it had be the other way with a similar margin and the leave camp called for a new vote would the remain camp be agreeable.

I think they want to make it best out of 3.

 

[Mikey_Fitzgerald]

Lots of people were 95% certain that the remain vote would win. Those people ended up being 95% wrong.

I think people are underestimating the political will to place some control on immigration. There's nothing wrong with performing a bit of due diligence on who is coming to live and work with you. Such a system focuses on the merits of the person and not their nationality. There are plenty of trade agreements in existence that do not include an agreement on free movement of people.

But other non EU countries who are members of the single market agree to free movement

You seem to have confused me with someone arguing the merits of immigration control. I'm not. I have no real opinion on immigration whatsoever. It's an absolute non issue for me

I'm just saying that it's highly unlikely that the trade agreement with Europe won't include free movement

It might be it doesn't, but that doesn't bare out in comparison to other nations in the same boat as us

The EU will push heavily for it and are likely to get it

 

[Old Blue 2]

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.

Exactly! Why should there be some kind of divine right to just get a Visa and go and work wherever you want?

The thing is, nowadays, people have been brought up in a culture where they believe anything they want is theirs for the taking. Real life is not like that, and these poor little creatures get all upset when they can't get, and do, exactly what they want. Life is hard, Man. Life is hard. A lot of them need to wake up and take a reality check!!!

And our country is NOT 'moron-filled'...

 

[Old Blue 2]

I'm no great fan of the EU, but to make a decision of such magnitude without knowing what the future relationship is with your major trading partner, and having no idea of what future economic policy will be applied by our own Government is folly of the greatest form.

If there was a plan or a strategy which we all knew about I can understand the decision, but to make such changes blind is madness.

No it is not folly. Your premise follows the well-trodden route of the fear of the unknown. It puts you in the Cameron/Osborne and a whole shoal of others whose only remit was to spread doom and gloom and fear (the scaremongerers) regarding leaving the EU.

Do you REALLY think the whole of the EU will suddenly stop trading with us? Even when the final break is done? That they will cut off ALL exports to the UK? REALLY? I believe it is more a case of those countries STILL wanting to trade their goods INTO us, as they would not cut off their nose to spite their face, so to speak. It would be folly on THEIR part to do so.

You, and others, really do need to look at the future picture from both sides, not just the doom and gloom scenario that so many have been sucked into...

 

[toffee matt]

Is a not unreasonable summation.
It would surprise me if the likes of Nissan, Toyota and Honda will postpone or delay production of new models at their UK production plants and the related drop in design, tooling, components etc could likely have an adverse affect upon jobs.

The car side of the automotive sector is one which could determine a lot given the amount of cars produced in the UK and exported versus the amount imported from the EU particularly from France and Germany.

Where trucks are concerned, the relationship is even more stark given the propensity of Mercedes, MAN, DAF, Volvo, Scania and even Renault trucks imported to the UK.

French government would love to move Nissan production from Sunderland over to France

 

[Ratkiller]

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.

It was always going to be that way. Most people understood that. Even though we're all just swivel eyed racists etc.

The people have spoken. It's time for politicians to listen.

 

[Blue 1]

 

[Old Blue 2]

It was hardly a majority in fact it was almost an even split.

It was a majority. Fact.