Current Affairs EU In or Out

[JammyP]

But still £146Million per week......

Yes. I did the maths for you. So what? You said you thought there was £350 million per week. You seem not to think £3 a head is good value. I do. I do not think we have a hope of replicating those benefits for less.

 

[JammyP]

Yes. I did the maths for you. So what? You said you thought there was £350 million per week. You seem not to think £3 a head is good value. I do. I do not think we have a hope of replicating those benefits for less.

By way of context, in the budget for financial year 2016–17, proposed total government spending was £772 billion., some £14.7 billion a week.

 

[Jebus_lives]

Just leave - we do 40 percent with the EU trade the rest world wide via the EU 10 billion that's a high price to pay to a polictical union on our behalf - we stick to the regulations other EU countries don't eg pork farmers versus Dane pack.......
It has been a similar story in Sweden, which has banned tail-docking and farrowing crates, and was the first country to prohibit sow stalls, in 1994. At that time almost all the pork sold in the country was domestically produced. Its self-sufficiency dropped to 70% after the country joined the EU in 1995, with a surge in imports from Germany and Denmark where costs of production are lower.

So what's our agreement with the EU after Brexit? What terms are preferable to our current arrangements?

We already have trade agreements that we have access to via the EU that we will look to rely upon, but what are we offering these countries and on what terms that they couldn't get from the EU.

 

[magicjuan]

All these economic trade offs on both sides are based on remaining adherent to a global financial system that is nearing its finale. Neo liberal global capitalism is beginning to eat itself so unless this country starts to invest in itself, its infrastructure and its peoples, wherever they originate, then it will be in a very poor position to protect itself when the next bubble bursts.
Unfortunately the EU doesn't regulate for that, being as it is akin to an Amazon Prime ponzi scheme.

 

[Jebus_lives]

It’s about our children’s and grandchildren’s future. Your childish hidden words say more about you than those who wish for our country to be self sufficient.....

We will on every single economic forecast be worse off.

 

[JimmyJeffers]

All these economic trade offs on both sides are based on remaining adherent to a global financial system that is nearing its finale. Neo liberal global capitalism is beginning to eat itself so unless this country starts to invest in itself, its infrastructure and its peoples, wherever they originate, then it will be in a very poor position to protect itself when the next bubble bursts.
Unfortunately the EU doesn't regulate for that, being as it is akin to an Amazon Prime ponzi scheme.

Surely that would have to involve the UK throwing off the shackles of neo-liberalism then, which I can’t imagine ever seeing in my lifetime.

 

[Joey66]

So what's our agreement with the EU after Brexit? What terms are preferable to our current arrangements?

We already have trade agreements that we have access to via the EU that we will look to rely upon, but what are we offering these countries and on what terms that they couldn't get from the EU.

The EU sit on the WTO on our behalf - does our membership fee really cost that for them to know better than what we want.......
Anyway Jezza wants to leave now so that's it.........

 

[Jebus_lives]

The EU sit on the WTO on our behalf - does our membership fee really cost that for them to know better than what we want.......
Anyway Jezza wants to leave now so that's it.........

If I think I understand what you are saying here, then no, they don't operate in our interests, they operate in the interests of the EU single market, of which we are a part of. The complexity of the current financial structures and arrangements in place are linked to the fact that 28 countries operate as one entity, much like the US do when they enter international trade. Our infrastructure and supply chains are tied up in the EU (why build 28 versions of one thing when one huge one will do that all other members have free access to).

We trade largely in financial services from London and high technology products, sold to other rich countries. Many of the worlds countries are poor, many of the wealthiest are in the EU - the GDP of the combined 54 countries in Africa is less than that of France. What financial services are they buying?

 

[magicjuan]

Surely that would have to involve the UK throwing off the shackles of neo-liberalism then, which I can’t imagine ever seeing in my lifetime.

Ironically most of the shackles are imposed from Brussels. Someone, somewhere has to provide an alternative, the disparity continues to grow and something has to give.

 

[magicjuan]

If I think I understand what you are saying here, then no, they don't operate in our interests, they operate in the interests of the EU single market, of which we are a part of. The complexity of the current financial structures and arrangements in place are linked to the fact that 28 countries operate as one entity, much like the US do when they enter international trade. Our infrastructure and supply chains are tied up in the EU (why build 28 versions of one thing when one huge one will do that all other members have free access to).

We trade largely in financial services from London and high technology products, sold to other rich countries. Many of the worlds countries are poor, many of the wealthiest are in the EU - the GDP of the combined 54 countries in Africa is less than that of France. What financial services are they buying?

They're not buying, they're still struggling with the constraints placed on them in the 70s by the world bank after their resources were stolen.

 

[tsubaki]

All these economic trade offs on both sides are based on remaining adherent to a global financial system that is nearing its finale. Neo liberal global capitalism is beginning to eat itself so unless this country starts to invest in itself, its infrastructure and its peoples, wherever they originate, then it will be in a very poor position to protect itself when the next bubble bursts.
Unfortunately the EU doesn't regulate for that, being as it is akin to an Amazon Prime ponzi scheme.

That was why Remain and reform was (and is) the best policy. In 2016 it was unlikely, but with Merkel going and Macron utterly discredited there is a moment when something better is possible.

What is looming across Europe is horrifying and we need a significant left, that has done something to fix what the centrists did to the left, to stop it; Labour is the biggest one there is.

If May really does kick the can down the road again tomorrow, I wouldn’t be surprised if Labour call for a second referendum.

 

[Bruce Wayne]

Bruce, there are over 2500 pages on here. I have asked you many times to explain the benefits of being in the EU, not a single page contains your reply or that information.....

The government have produced a document advising people on what to do in a no deal scenario. Everything they outline that we'll lose is a benefit. There is around 100 pages.

 

[Jebus_lives]

The government have produced a document advising people on what to do in a no deal scenario. Everything they outline that we'll lose is a benefit. There is around 100 pages.

Yes but very intelligent people say we'll be fine, just not economists or trade negotiators. They all think it's a terrible idea.

 

[Ron Swanson]

Yes but very intelligent people say we'll be fine, just not economists, most businesses, industries, banks, health and social services, border agents, scientists or trade negotiators. They all think it's a terrible idea.

 

[Ron Swanson]

Just leave - we do 40 percent with the EU trade the rest world wide via the EU 10 billion that's a high price to pay to a polictical union on our behalf - we stick to the regulations other EU countries don't eg pork farmers versus Dane pack.......
It has been a similar story in Sweden, which has banned tail-docking and farrowing crates, and was the first country to prohibit sow stalls, in 1994. At that time almost all the pork sold in the country was domestically produced. Its self-sufficiency dropped to 70% after the country joined the EU in 1995, with a surge in imports from Germany and Denmark where costs of production are lower.

So are you proposing we make a deal with the eu after leaving, trade under WTO or we stop trading with them altogether?

If we want to sell to the eu, we will need to conform to all their standards anyway. Look at how slowly their deal with USA is progressing. Not even one of the largest two economies in the world can twist the eu into dropping regulation. You think we will? Any deal or trade with the eu post brexit will involve us manufacturing to eu standards - rules we are beholden to but no longer have a say in creating.