Let’s add Everton’s points to Man U points, that makes us clear winners
Current Affairs EU In or Out
- Thread starter micknick
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Of course. It’s ridiculous.
goodisonopheliac
Player Valuation: £30m
Try telling Brexiters this and they'll just say it's Project Fear.
Right, yeah, education, the NHS, transport, energy, crime, nothing else matters, just Brexit.
G-d I wish I was like you lot and had nothing to lose from Brexit. You'll be fine when we leave the EU. I won't.
The thing is, no matter what happens, Brexiters are going to complain because you all wanted different things. Some of you genuinely believe it'll take Britain back to the '50s/'70s, some of you want to get rid of all foreigners (yes, there are Brexiters who believed this would happen), some of you think the EU is an evil capitalist fascist oppressive institution and leaving it will turn Britain into a socialist utopia, some of you want to be free of EU restrictions and some of you were just doing it to give the government a kick up the arse. I don't think anyone genuinely wanted No Deal. I would have been a bit more OK with Brexit if the government had planned for it properly. But they didn't.
I'm going to stockpile food and meds. I've already started.
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peteblue
Welcome back Wayne
Do they explain why GDP would fall if we remain in the single market or have a free trade deal ?....
Because the 4 freedoms you want to dispose of provide benefits above and beyond the single market?
peteblue
Welcome back Wayne
And how do they remove GDP in both a single market and free trade arrangement, any actual numbers ?.....
peteblue
Welcome back Wayne
As you are claiming to possess half a brain, can you explain how a single market or free trade agreement can have such a reduction on GDP when the whole of our trade with the EU only accounts for about 8-9% of GDP...thanks....
Not sure about the single market but if we entered into a FTA with the EU then we would face restrictions on access to European service markets such as financial, insurance, air transport, audio-visuual etc... and I believe it is those restrictions that will result in a fall in our GDP.
I'm sure there are people on here who know more about this stuff than me though
Its not about trade as such - its about the selling of services into european markets.
The financial services sector alone is estimated to contribute around £130 billion to the UK economy annually" That's quite remarkable for a sector that doesn't actually produce anything.
Secondary markets (stocks & shares, derivatives, established real estate properties) "trade" i.e. change the ownership of existing assets.
Banks allocate capital - mostly to secondary markets. Between them they mostly re-distribute wealth which is not actually production. It is more like the capture of existing wealth.
peteblue
Welcome back Wayne
And yet, the charts show that London is barely hit.......
I would tend to disagree with the chart - I believe London would see a bigger impact on GDP in the event of a free trade deal. However are financial services actually classified as production?
The impact an FTA has on the service sector maybe has to be measured seperately from just GDP figures as services as a whole tend to be key inputs into all or most other business for example infrastructure, telecoms, health and education etc...
as part of the EU we have access to 500 million consumers and we do so with very relaxed and liberal laws about selling services to this consumer base. An FTA would see those rules severely restricted and limit what we could sell in the future and therefore impact our overall GDP.
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Nigel Farage hasn’t even explained his policies so why do I have to explain anything?
The country is still divided as ever @Bruce Wayne ;
peteblue
Welcome back Wayne
Do I pretend to be an economic expert? No.
peteblue
Welcome back Wayne
And this is my point. The charts have been produced to prove some form of point, based on information we haven’t got, on a future relationship we know nothing about. So they must be used as a stick to show that we must remain......
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