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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It is normal that the value of the pound has a massive effect on travel companies. The devalued pound has been caused by Brexit but on the other hand there will also be companies that do well out of a devalued pound.

The real problem is if we aren't able to retain access to the single market as I said above. There is also of course the problems caused by delayed investment from the uncertainty seen as we wait to find out what our relationship with the EU will be.
Travel firms have gone to the respective of Brexit many times!
 
Its quite brilliant really, Italy are trying to claim that their banking crisis which has been going on for a while is all down to Brexit, meanwhile the USA have told the EU that the TTIP is not really the same without the UK as the UK takes 25% of all transatlantic goods. Germany fully understands the value of the UK and even Scotland has now been told to pipe down. As we said throughout this debate, the UK has far more going for it than the remainers would admit. The future looks a lot brighter.......
 
I haven't met a single migrant where that was the case. They're leaving European countries here, so whilst they may not be as wealthy as parts of Britain, it isn't like they're running away from a shanty town somewhere. As it is, they have 27 other options to go to if they want. They largely come here because we're a good country to better your life in.
Fair enough. We're the less rubbish of all their other options. It still doesn't change the fact that we and by mean we, I mean the people at the top of society are happy to import poor people to do the jobs we don't want to pay decent wages to the people already here to do. Personally I think that is wrong.
 
Fair enough. We're the less rubbish of all their other options. It still doesn't change the fact that we and by mean we, I mean the people at the top of society are happy to import poor people to do the jobs we don't want to pay decent wages to the people already here to do. Personally I think that is wrong.

You surely can't be suggesting that British business people would consider social fairness to be less important than their bank accounts?

If I could only find my flabber, it would be gasted.
 
Its quite brilliant really, Italy are trying to claim that their banking crisis which has been going on for a while is all down to Brexit, meanwhile the USA have told the EU that the TTIP is not really the same without the UK as the UK takes 25% of all transatlantic goods. Germany fully understands the value of the UK and even Scotland has now been told to pipe down. As we said throughout this debate, the UK has far more going for it than the remainers would admit. The future looks a lot brighter.......

Was always my gut feeling.

It was all about what we had to lose, rather than what we could possibly gain...
 
Its quite brilliant really, Italy are trying to claim that their banking crisis which has been going on for a while is all down to Brexit, meanwhile the USA have told the EU that the TTIP is not really the same without the UK as the UK takes 25% of all transatlantic goods. Germany fully understands the value of the UK and even Scotland has now been told to pipe down. As we said throughout this debate, the UK has far more going for it than the remainers would admit. The future looks a lot brighter.......

In or out of the EU, leave or remain, the UK were running into world trading difficulties as the world economy slows down.

" Total trade exports for May 2016 were £23.4 billion. This was a decrease of £1.1 billion (4.3 per cent) compared with last month and a decrease of £2.3 billion (9.1 per cent) compared with May 2015".

"Total trade imports for May 2016 were £36.1 billion. This was a decrease of £4.5 billion (11.1 per cent) compared with last month and an increase of £3.3 billion (10.2 per cent) compared with May 2015.

The UK was a net importer this month, with imports exceeding exports by £12.7 billion".

Not a good position to be in. Any shock to the system is not good for anyone which includes the UK. A currency shock can lead to companies profitability margins going down. Carney is talking about relaxing the amount of money that banks have to hold - higher bank capital rules were brought in after the 2008 crash and it was said were necessary to withstand any banking crisis, - to the tune of £150 billion. An incredible amount. Says something about how precarious Carney thinks the UK financial sector is and the wider economy.

UK export trade by manufacturers, the service sector and the financial sector with the rest of the world were/are not being hindered by the EU or its regulations.

UK trade with the rest of the world is down. "Non-EU Exports for May 2016 were £12.1 billion. This was a decrease of £0.5 billion (4.4 per cent) compared with last month, and a decrease of £2.4 billion (16.3 per cent) compared with May 2015".

Tariffs and the absence of 'free trade agreements ( the EU/UK has a lot of FTA with other countries) with the rest of the world isn't hindering UK export trade. It is the type of products the UK makes and exports, the quality and price comparativeness of UK exports.

Maybe, the 'future would be bright' if UK companies could take advantage of a falling pound. Which would mean UK exports are cheaper than UK competitors. Which gives the opportunity for UK companies to enter the market and start making more products. But that depends on capital, and whether the financial sector is prepared to lend to industry to make things. As it has an appalling record on that score, it wont happen. A falling pound will also increase the cost of imported raw materials etc. which adds costs to existing UK producers and any new ones that may enter the market.

As far as TTIP goes. It is/was never good for the UK in particular the NHS. And given that the UK government were the most enthusiastic arguer for TTIP. This will mean that outside the EU the UK government will still want a deal with the US with all the TTIP faults.

Between now and when the UK evokes article 50 there is going to be a lot of uncertainty. Any further shocks to the system will result in many casualties, whether that is Italian banks, German banks, UK banks or airline carriers or travel companies. The one thing the UK can't do and that is insulate itself from the rest of the world.
 
Not really. What's worse is when the people who seek to benefit of importing cheap labour call the ones who will lose out racists for not simply going along with it.

What interests me is that there have been a couple of lightbulb moments among the commentariat & chattering class. There were some tentative attempts to explain the result in terms of the effects of globalisation on those who had not benefited ... but that's where it stopped.

The excellent politician needs to have sharp hearing. We've had too many who appear to be hearing impaired.

That excellent politician, some 15 - 20 years ago, would have profited from sound analysis of trends and would have used this to explain the increasing murmurs in the constituency / polls to read the very clear runes that the bunnies in the midlands & north were less than happy with the way things were going. Perhaps s/he believed that globalisation was inevitable but that its effects could be ameliorated - through investment in housing, GP services etc.

The investment that was given was neither strong nor sustained enough.

I don't believe that globalisation created the problems but it did sharpen them.

The political implications of that, to me inescapable, fact are that a tattered Labour Party led by ideologues competing with Oxford PPE grads, have left the field wide open for Ukip or whatever party Aaron Banks chooses to replace it with.
 
What interests me is that there have been a couple of lightbulb moments among the commentariat & chattering class. There were some tentative attempts to explain the result in terms of the effects of globalisation on those who had not benefited ... but that's where it stopped.

The excellent politician needs to have sharp hearing. We've had too many who appear to be hearing impaired.

That excellent politician, some 15 - 20 years ago, would have profited from sound analysis of trends and would have used this to explain the increasing murmurs in the constituency / polls to read the very clear runes that the bunnies in the midlands & north were less than happy with the way things were going. Perhaps s/he believed that globalisation was inevitable but that its effects could be ameliorated - through investment in housing, GP services etc.

The investment that was given was neither strong nor sustained enough.

I don't believe that globalisation created the problems but it did sharpen them.

The political implications of that, to me inescapable, fact are that a tattered Labour Party led by ideologues competing with Oxford PPE grads, have left the field wide open for Ukip or whatever party Aaron Banks chooses to replace it with.
The fact is that both in the US and the UK our political parties have been taken over by the people at the top of society, even people who aren't at the top of our society but globally and have other agendas and therefore there was no opposition to keep them in check.

The reason why you see flickers of realization among the chattering classes is because more and more people are wakening up however just as they do those little flames are being put out just as fast by those who seek to preserve the status quo. However it won't last.

Eventually it all had to come to a reckoning. The financial meltdown was the canary in the coalmine when it started to become obvious that western civilization was becoming unsustainable and now Brexit and later this year a Trump presidency. You might think that won't happen but it will. When they get to the debates and she finally has to answer questions on Saudi money to her campaign she will be finished.
 
Its quite brilliant really, Italy are trying to claim that their banking crisis which has been going on for a while is all down to Brexit, meanwhile the USA have told the EU that the TTIP is not really the same without the UK as the UK takes 25% of all transatlantic goods. Germany fully understands the value of the UK and even Scotland has now been told to pipe down. As we said throughout this debate, the UK has far more going for it than the remainers would admit. The future looks a lot brighter.......

Oh do give it a rest.

Far far too early to be crowing like this. Its only executive action WHICH HAS COST THE UK BILLIONS intervening in the economy and the appointment of a stable government relatively quickly that has stabilised things.

Nothing to do with Brexiteers like you, that waffle a load of nonsense.

£350 million per week = LIES
 
Oh do give it a rest.

Far far too early to be crowing like this. Its only executive action WHICH HAS COST THE UK BILLIONS intervening in the economy and the appointment of a stable government relatively quickly that has stabilised things.

Nothing to do with Brexiteers like you, that waffle a load of nonsense.

£350 million per week = LIES

Talking of lies, have you moved to Ireland yet ?.........
 
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