Carl O'Ancelotti
Player Valuation: £20m
More than likely I'd guess. Never been myself.
Current Affairs EU In or Out
- Thread starter micknick
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Armel
Player Valuation: £15m
7 € compared to +- 12.5 € is "way more expensive" -I'm not saying it's very expensive (still a good price)- for me mate (in comparison, and for a shorter time period).
I suppose every person is the measure of things etc... It's relative off course but for some people the 5 € could make a meaningful difference.
Gwladysstreetlad
Player Valuation: £50m
I wasn't trying to be an arse mate. It wasn't a shot at you. Just a wider point that i think the amount of name calling that goes on in politics from people on all sides is quite sad.
The amount of businesses that will fold over night if D1ND happens will be unreal, thousands will be unemployed come April
I was Brexiworking Joe.
Socrates
Player Valuation: £6m
A committed leaver actually finds out what a no deal Brexit would involve:
https://www.independent.co.uk/voice...jGlYWH3m2ByYInri2sg4MD3VNJLz-RgTQFLWs8KmlsRyY
With 101 days to go to Brexit, I suppose it’s best to be rational and logical about the no-deal planning that has been announced by the government. I mean, if you’re going to jump off a cliff without a parachute, it’s quite right that you should make sure that you’ve got clean underpants on, a packed lunch ready and enough fuel in the car to get you to your destination.
The prime minister, it is pretty clear, is playing a dangerous game. She will do whatever it takes to force MPs to choose between her deal and no deal, and remove any other options, such as a second referendum. She is gambling that Labour, Lib Dem and SNP moderates will look over the cliff edge and, for fear of worse, hold their nose and vote for her deal. The danger is that they won’t, that Jeremy Corbyn will be bloody-minded enough to defy you and minimise the rebellion in his own party, and we will crash out. And no contingency planning can mitigate the effects of accidental Brexit.
You see, there is only so much that £2bn worth of emergency measures can do. You could make it £20bn, or £200bn and it wouldn’t be sufficient. As the various official guidance documents have already made painfully clear, across many areas of life, the British government will be powerless if we crash out of the European Union with no transition to, as yet unknown, future trade arrangements.
For example, if you’re a Japanese or German carmaker in Britain, you can certainly organise the annual shutdown for 29 March and after, because you know things will be getting fairly hairy then. But sooner or later you’re going to have to go back to work and figure out how to make and sell cars with bits missing, because the components are hanging around in Calais or somewhere on the M20, when they should be being fitted into a nice new Mini Cooper. Then they’ll need to work out how to sell their cars in Europe when they have a 10 per cent tariff slapped on them. Some Eurosceptics say that any business that can’t slice 10 per cent off its cost base isn’t doing its job properly. We’ll see how Nissan, Toyota, Honda and BMW respond to that, and how big the subsidies these motor giants demand of the British government will turn out to be. Too high, probably.
If you’re a lamb farmer the British government will advise that there will be a 40 per cent tax on your exports when you attempt to export them to the European Union, and that the inevitable disruption at the ports will mean your livestock may be hanging around in the back of a lorry for an unconscionable time. So maybe don’t bother? Maybe diversify? Open a hotel? Farm shop? Try to divert the exports that usually go to France to China or Saudi Arabia? The Department for International Trade can advise on that, but won’t be equipped to sell a single kilo of meat. Up to you, anyhow.
Watch more
The truth is that Whitehall can no more rescue Britain from a no-deal Brexit than anyone else. There is not the money to make good all the losses that will be suffered by all the industries that will be affected. In some sectors the effects will be immediate; in others they will take many years, if not decades to materialise.
It may be that such dislocation to the economy will eventually be righted. Probably through a major devaluation in sterling – which will cut the purchasing power of already depressed British wages – new markets will be found, and Britain will find new ways to make its living in the world. Economies can and do adjust to shocks, just as Britain adjusted to joining the then European Communities after 1973 – but that, too, was quite painful, with higher unemployment and inflation partly as a result.
So why not back Theresa May deal in that circumstance? Is that not a no-brainer?
Maybe, if you take the understandable view that leaving the EU is all about damage limitation. The UK-EU withdrawal agreement, and the unknown future trade deal, really is the worst of all worlds. Leaving aside the Northern Irish backstop, it does mean Britain will be a rule-taker, committed to accepting aspects of the single market and/or the customs union indefinitely. These may suit Britain or not, but there will be no opportunity for the UK to make its own arrangements to compete in world markets, including the EU. The problem with the prime minister’s deal isn’t so much the Irish border, but the much wider issue about what the future UK-EU trade deal will actually be. That is why it is a “blind Brexit” – we have no idea what our new economic rule book will look like. All we know is that we’ll have little say over it and the Europeans will not allow us to undercut them.
That may be fanciful indeed, but it just happens to be the only way to make a truly no-deal Brexit future work. It is not matter of whether the government is ready for such a future, but whether the British people are prepared to accept it, or even know about it, Leavers and Remainers alike. Politically, far more than economically, the British are not ready for no deal, whatever they thought they voted for.
https://www.independent.co.uk/voice...jGlYWH3m2ByYInri2sg4MD3VNJLz-RgTQFLWs8KmlsRyY
With 101 days to go to Brexit, I suppose it’s best to be rational and logical about the no-deal planning that has been announced by the government. I mean, if you’re going to jump off a cliff without a parachute, it’s quite right that you should make sure that you’ve got clean underpants on, a packed lunch ready and enough fuel in the car to get you to your destination.
The prime minister, it is pretty clear, is playing a dangerous game. She will do whatever it takes to force MPs to choose between her deal and no deal, and remove any other options, such as a second referendum. She is gambling that Labour, Lib Dem and SNP moderates will look over the cliff edge and, for fear of worse, hold their nose and vote for her deal. The danger is that they won’t, that Jeremy Corbyn will be bloody-minded enough to defy you and minimise the rebellion in his own party, and we will crash out. And no contingency planning can mitigate the effects of accidental Brexit.
You see, there is only so much that £2bn worth of emergency measures can do. You could make it £20bn, or £200bn and it wouldn’t be sufficient. As the various official guidance documents have already made painfully clear, across many areas of life, the British government will be powerless if we crash out of the European Union with no transition to, as yet unknown, future trade arrangements.
For example, if you’re a Japanese or German carmaker in Britain, you can certainly organise the annual shutdown for 29 March and after, because you know things will be getting fairly hairy then. But sooner or later you’re going to have to go back to work and figure out how to make and sell cars with bits missing, because the components are hanging around in Calais or somewhere on the M20, when they should be being fitted into a nice new Mini Cooper. Then they’ll need to work out how to sell their cars in Europe when they have a 10 per cent tariff slapped on them. Some Eurosceptics say that any business that can’t slice 10 per cent off its cost base isn’t doing its job properly. We’ll see how Nissan, Toyota, Honda and BMW respond to that, and how big the subsidies these motor giants demand of the British government will turn out to be. Too high, probably.
If you’re a lamb farmer the British government will advise that there will be a 40 per cent tax on your exports when you attempt to export them to the European Union, and that the inevitable disruption at the ports will mean your livestock may be hanging around in the back of a lorry for an unconscionable time. So maybe don’t bother? Maybe diversify? Open a hotel? Farm shop? Try to divert the exports that usually go to France to China or Saudi Arabia? The Department for International Trade can advise on that, but won’t be equipped to sell a single kilo of meat. Up to you, anyhow.
Watch more
The truth is that Whitehall can no more rescue Britain from a no-deal Brexit than anyone else. There is not the money to make good all the losses that will be suffered by all the industries that will be affected. In some sectors the effects will be immediate; in others they will take many years, if not decades to materialise.
It may be that such dislocation to the economy will eventually be righted. Probably through a major devaluation in sterling – which will cut the purchasing power of already depressed British wages – new markets will be found, and Britain will find new ways to make its living in the world. Economies can and do adjust to shocks, just as Britain adjusted to joining the then European Communities after 1973 – but that, too, was quite painful, with higher unemployment and inflation partly as a result.
So why not back Theresa May deal in that circumstance? Is that not a no-brainer?
Maybe, if you take the understandable view that leaving the EU is all about damage limitation. The UK-EU withdrawal agreement, and the unknown future trade deal, really is the worst of all worlds. Leaving aside the Northern Irish backstop, it does mean Britain will be a rule-taker, committed to accepting aspects of the single market and/or the customs union indefinitely. These may suit Britain or not, but there will be no opportunity for the UK to make its own arrangements to compete in world markets, including the EU. The problem with the prime minister’s deal isn’t so much the Irish border, but the much wider issue about what the future UK-EU trade deal will actually be. That is why it is a “blind Brexit” – we have no idea what our new economic rule book will look like. All we know is that we’ll have little say over it and the Europeans will not allow us to undercut them.
No-deal Brexit will leave UK ‘near bankrupt’ warns Richard Branson
By steering us towards no deal, the DUP will destroy the union
That may be fanciful indeed, but it just happens to be the only way to make a truly no-deal Brexit future work. It is not matter of whether the government is ready for such a future, but whether the British people are prepared to accept it, or even know about it, Leavers and Remainers alike. Politically, far more than economically, the British are not ready for no deal, whatever they thought they voted for.
Carl O'Ancelotti
Player Valuation: £20m
Sounds ominous:
"The British government has said that 3,500 armed forces personnel are being kept ready to support it with its contingency plans as part of preparations for a no-deal Brexit.
The government said that it would implement plans for a no-deal Brexit in full, and begin telling businesses and citizens to prepare for the risk of leaving the EU without an agreement.
The plans also include setting aside space on ferries to ensure a regular flow of medical supplies."
The biggest OG in history looks about to happen.
"The British government has said that 3,500 armed forces personnel are being kept ready to support it with its contingency plans as part of preparations for a no-deal Brexit.
The government said that it would implement plans for a no-deal Brexit in full, and begin telling businesses and citizens to prepare for the risk of leaving the EU without an agreement.
The plans also include setting aside space on ferries to ensure a regular flow of medical supplies."
The biggest OG in history looks about to happen.
Or it`s a massive scary bluff to try and get the rest of the EU to soften their stance on Brexit ?
Carl O'Ancelotti
Player Valuation: £20m
No the EU has advised all its members to prepare for a No Deal Brexit as well. The Irish government have already put measures in place to deal with the impending chaos.
It all points to one outcome due to the deadlock at Westminster. Cheers Britain.
The binman chronicles
Player Valuation: £80m
Still a bluff, parliament aren't going to let a no deal happen.
Carl O'Ancelotti
Player Valuation: £20m
Hopefully they won't, but it's still not a bluff. Imagine how ridiculous governments would look if there was no deal and they had no contingency plans in place in the event of it happening.
Been planning no deal for the last 9 months, its definitely a public bluff. Normal container ports will operate without any issues, it’s the places like Dover that they’re concerned about were current tariffs don’t exist
The binman chronicles
Player Valuation: £80m
Well yes agree bluff is the wrong word. They just have to be seen as being pro-active and following a carefully thought out plan. (HA!) There did not seem to be any appetite for a no deal in the HOC, so can just see article 50 being extended.
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