Current Affairs EU In or Out

[peteblue]

Errr

When that % has a very high value ?

Despite your denials

But less value than we import......despite your single view......

 

[BluePeadar]

Good point, it's not like we've ever had a recession whilst in the EU is it. As I say, long term vision. Perhaps a short term pain for a long term gain.

Point well made there , key word there is perhaps, it is the fear of the unknown.
I think it will be bad for business and bad for me short term and the long term is always just that.
Call me short sighted but my line of work will be effected for sure.
Time to start thinking of my own brexit.

 

[Liann28]

Oh..... 120 Pounds for my 100€.
Might come over there next weekend and stock up on HP sauce and piccalilli

Might even buy a weekend house while I'm there,won't be long now..

 

[peteblue]

A short term loss in confidence can have massive long term effects though.
We're set for a massive reshuffle over the next few months and so I imagine that this instability will have a significant impact on the British economy.

The British Economy is just taken a massive hit, and I doubt it will regain its strength anytime soon given it is no longer part of the European trading block, has to renegotiate deals with every major country and trading block on earth, that doesnt happen overnight.
In the meantime, business will go elsewhere.
There's unlikely to be any financial benefit long term from being free of EU influence.

Don't Panic........

 

[bobbydigital]

Good point, it's not like we've ever had a recession whilst in the EU is it. As I say, long term vision. Perhaps a short term pain for a long term gain.

Haven't had one we have personally chose to inflict upon ourselves.
Short term horrific pain for long term pain. Great.

 

[zirc]

Told you mate. I'm starting the opening of offices in Dublin in response to this.

It's created enormous issues that frankly we did not want and were not needed.

All thanks to Nigel "£350 million a week on NHS" Farage

and

Boris "self pity city" Johnson

The biggest problem for England is that it's a service-based economy, and quite frankly most of those services can be performed elsewhere. Companies are not going to wait to see where the chips fall before getting the hell out of Dodge.

 

[Kiwi]

Don't Panic........

What contingencies are there Pete? Lay them out for us...
Have we got trade deals in place already?
Are they going to be as good or better than the ones we obtained as part of the EU? It isn't as though we are negotiating from a position of strength so that seems unlikely...

 

[ste d' indica]

According to YouGov poll, this is how age ranges voted - 18-24: 75% Remain, 25-49: 56% Remain, 50-64: 44% Remain, 65+: 39% Remain.

For good or ill, the future of this country and the continent has largely been decided by people who will barely see it.

 

[bflefc]

No, but as per my previous post in this thread, we're considering moving overseas as a result.

Ta-ra.

 

[bizzaro]

The biggest problem for England is that it's a service-based economy, and quite frankly most of those services can be performed elsewhere. Companies are not going to wait to see where the chips fall before getting the hell out of Dodge.

Ive placed my chips on Ireland.

Much to @Neiler benefit.

 

[everton2004]

Okay, so tell me something: What are we going to do that's so amazing, in 5 years time we'll all be wealthier and more stable?

That's for the Government and Treasury to sort out - that's why we elect them. You know, electing people to govern your country? Not like the way the EU works where unelected Eurocrats rule your country.

They've been elected to do a job - do it, or resign and we'll have a General Election.

 

[everton2004]

Ive placed my chips on Ireland.

Much to @Neiler benefit.

With the Euro as the currency. Good luck with that one.

 

[Kiwi]

With the Euro as the currency. Good luck with that one.

Ironic given that the Pound is at its lowest value in 40 years, I'd be shorting the pound further if I had any money to put on it.

 

[Jags..class]

Good point , in the meantime lets slide into a recession and hope for the best.

We have been in recession a few times but this could be worse

A short term loss in confidence can have massive long term effects though.
We're set for a massive reshuffle over the next few months and so I imagine that this instability will have a significant impact on the British economy.

The British Economy is just taken a massive hit, and I doubt it will regain its strength anytime soon given it is no longer part of the European trading block, has to renegotiate deals with every major country and trading block on earth, that doesnt happen overnight.
In the meantime, business will go elsewhere.
There's unlikely to be any financial benefit long term from being free of EU influence.

As a result of this instability and business going elsewhere, we're going to see job losses.

This is why the EU was wrong to have so much power over countries

Oh..... 120 Pounds for my 100€.
Might come over there next weekend and stock up on HP sauce and piccalilli

Might even buy a weekend house while I'm there,won't be long now..

Wow, you come on here and gloat while people may lose their jobs and savings.
Very nice

 

[peteblue]

What contingencies are there Pete? Lay them out for us...
Have we got trade deals in place already?
Are they going to be as good or better than the ones we obtained as part of the EU? It isn't as though we are negotiating from a position of strength so that seems unlikely...

We are still in the EU btw. We have signed trade agreements with all of the countries that the EU trades with. The EU is not a sovereign nation and does not sign trade deals. All of the EU countries have to sign the deals negotiated by the EU. It just means that for additional trade deals, USA etc, we will negotiate our own. Also if you actually look at who the EU negotiated deals with so far, it's sod all of nothing......