Current Affairs EU In or Out

[Blues Harp]

The vote to leave imo was based on casual dislike of " johnny foreigner" not on scrutiny of the economic issues. However I wonder whether this has stunned the power behind the "thrones" of the USA and UK who would want a federal Europe to concentrate power in the hands of a few. I went for remain but now not so sure. Can understand Dennis Skinner's principled stand and I suspect that Mr Corbyn was a leave voter. You only have to look at Johnson, Gove and Cameron the day after the vote - they hadn't a clue because they thought they would lose ...its food for thought as far as I'm concerned... Meet the new boss...Same as the old boss

 

[Toffeelover]

I would think if the UK had full access to the EEA without free movement of people, that would cause serious outcries in other countries (France, for example) of "well why do we have to have free movement of people?"

That's the reason I don't think the EU will allow the UK to have such a privileged position - it will be too damaging to their whole project.

But there project is even now under pressure from refugees and immigrants plus the horrendous happenings in France. Not sure yet either if Hungary has had it's referendum on no refugees.

There could be a limited controlled movement of people between the EU and UK.

 

[Jib in lad]

We are going to have a Australian points based system and a free trade agreement its going to be great Boris said so.

 

[wikofootball]

The pathological liar Mr Boris Johnson I wouldn't trust him with our cat

 

[The Esk]

IMF forecasting growth in UK GDP for 2017 to fall by 0.9% - that's £27 billion and we haven't left the EU yet.

 

[Joey66]

IMF forecasting growth in UK GDP for 2017 to fall by 0.9% - that's £27 billion and we haven't left the EU yet.

When do the GDP figures under Gidieon ever come in correct?the world economy was on the slide before Brexit all that austerity and Osborne trebled our debt to 1.7 trillion quantitive easing on a gigantic scale if we had been in the Euro currency we would have been stuffed!

 

[The Esk]

When do the GDP figures under Gidieon ever come in correct?the world economy was on the slide before Brexit all that austerity and Osborne trebled our debt to 1.7 trillion quantitive easing on a gigantic scale if we had been in the Euro currency we would have been stuffed!

Joey, as I've said since the vote, our economy is going to suffer because of the uncertainty, companies will just delay investment decisions which slows economic growth - that's without dispute. The vote to leave the EU will reduce the levels of economic activity in the short term, and almost certainly post EU exit. That's the price of leaving the EU - you've bought autonomy and sovereignty but the price is lower economic growth which effects the needy most.

 

[Joey66]

Joey, as I've said since the vote, our economy is going to suffer because of the uncertainty, companies will just delay investment decisions which slows economic growth - that's without dispute. The vote to leave the EU will reduce the levels of economic activity in the short term, and almost certainly post EU exit. That's the price of leaving the EU - you've bought autonomy and sovereignty but the price is lower economic growth which effects the needy most.

I heard the same arguments if we had not joined the Euro, I admit it may be a bumpy ride, but the EU organisation will realise it needs us in the singe market with the freedom of movement churn Davy boy should have negotiated before he thought the Yes vote was a formality!

 

[peteblue]

Joey, as I've said since the vote, our economy is going to suffer because of the uncertainty, companies will just delay investment decisions which slows economic growth - that's without dispute. The vote to leave the EU will reduce the levels of economic activity in the short term, and almost certainly post EU exit. That's the price of leaving the EU - you've bought autonomy and sovereignty but the price is lower economic growth which effects the needy most.

Nothing is 'without dispute'. Some companies may delay and others will not, some may even invest because of the result. The IMF have already been proven to be wrong many times before and they have just been proven wrong again. The Eurozone countries will have a much bumpier ride than ourselves depending on how they approach the negotiations. The claims of immediate damage to our economy have not come to fruition, we have the £ at a sensible level for exports and the FTSE has gone through the roof. None of which you forecast. The country will have renewed vigour once everybody finally accepts the Brexit decision and opens their eyes to the opportunities.

I'd be more interested in suggesting a priority list of which countries we should be doing deals with, as most countries seem to be falling over themselves, including the USA, to deal with us......

 

[peteblue]

The vote to leave imo was based on casual dislike of " johnny foreigner" not on scrutiny of the economic issues. However I wonder whether this has stunned the power behind the "thrones" of the USA and UK who would want a federal Europe to concentrate power in the hands of a few. I went for remain but now not so sure. Can understand Dennis Skinner's principled stand and I suspect that Mr Corbyn was a leave voter. You only have to look at Johnson, Gove and Cameron the day after the vote - they hadn't a clue because they thought they would lose ...its food for thought as far as I'm concerned... Meet the new boss...Same as the old boss

It seems that quite a few remain voters are now changing their minds as they've seen that WW3 didn't happen, nor did an emergency budget, nor did all the companies and money fly out of the UK. Porkies were being told all over the place by both sides but especially by the doom mongers on the remain side. We will negotiate a good exit, develop international trade and look back and wonder why we didn't do it sooner......

 

[carlos21]

It seems that quite a few remain voters are now changing their minds as they've seen that WW3 didn't happen, nor did an emergency budget, nor did all the companies and money fly out of the UK. Porkies were being told all over the place by both sides but especially by the doom mongers on the remain side. We will negotiate a good exit, develop international trade and look back and wonder why we didn't do it sooner......

Vote out Pete.

 

[The Esk]

Pete, you need to do better than just discredit the IMF because their forecast does not match your expectations of economic performance.

The Ftse 100 index has risen by less than 10% since Brexit and this is purely a reflection of the fact that approximately 77% of FTSE 100 company revenues are generated outside the UK and therefore inflated due to the fallING pound.

We can't enter trade negotiations in any meaningful way until we know the terms we leave the EU on, and as existing members cannot act unilaterally.

We're heading for a stalling economy with higher import prices giving inflation a nudge up also.

It's a shambles - politically and economically.

 

[Bruce Wayne]

It seems that quite a few remain voters are now changing their minds as they've seen that WW3 didn't happen, nor did an emergency budget, nor did all the companies and money fly out of the UK. Porkies were being told all over the place by both sides but especially by the doom mongers on the remain side. We will negotiate a good exit, develop international trade and look back and wonder why we didn't do it sooner......

It's been what, two/three weeks?

 

[peteblue]

Pete, you need to do better than just discredit the IMF because their forecast does not match your expectations of economic performance.

The Ftse 100 index has risen by less than 10% since Brexit and this is purely a reflection of the fact that approximately 77% of FTSE 100 company revenues are generated outside the UK and therefore inflated due to the fallING pound.

We can't enter trade negotiations in any meaningful way until we know the terms we leave the EU on, and as existing members cannot act unilaterally.

We're heading for a stalling economy with higher import prices giving inflation a nudge up also.

It's a shambles - politically and economically.

The IMF have consistently called things incorrectly. They lambasted the Uk for it's 'austerity' measures then had to agree it was the right thing to do, they consistently have a bias towards the Eurozone as described by their own internal reports, and fudge their projections.

So you agree that the £ and the FTSE are working hand in hand and not just both falling, unlike the doom laden projections from before.

Trade negotiations cannot be concluded until after we exit, but that is not the same as being unable to get them set up. We will then have a deal with the Eu and a flying start to further deals after the two years.

In your mind it is a shambles, because it's not what you wanted. You have been unable to admit that there is even one possible positive economic attribute in our exiting the EU, which I find surprising. Any change brings forward opportunities.

 

[peteblue]

It's been what, two/three weeks?

The emergency budget was proposed for the day after the vote......