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Thread: Brexit makes us poorer

  1. #11
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    Re: Brexit makes us poorer

    Ok, ignoring the fact that I regard the EU, warts and all, as the best hope for the peace and prosperity of all its members based on the rule of law and the freedom of the individual that has ever existed in European history and will never be reconciled to brexit which is this country at its worst: xenophobic, arrogant and stupid.

    Yes, we traded before. Yes, we will again. It's the transition that's worrying. Not to mentioned we were the sick man of Europe before we joined, a basket case. Took a few years to even stop falling.
    I have no faith in Corbyn and his bunch of 1970s dinosaurs. I suppose it's a more interesting experiment, to drive all major business out of the country and I'd pick that over the Conservative option because we might at least end up with public ownership of strategic services like water in the long run. I think the pain would last longer and be greater under a Corbyn option but the outcome might at least have a few up sides in 50 or 100 years.

    Time will tell. But never forget that brexiters are responsible for what happens. This is a state change of enormous proportions. It changes our whole balance and purpose and situation in the world fundamentally. I don't see Corbyn as any more capable of having his cake and eating it than the tories, because that's what both their plans amount to.

    Still, if the Italians leave too, with us gone that might well be enough to kill the whole EU project at which point the whole of Europe will go into economic meltdown. Probably the best hope for brexit. Putin then becomes the most successful Russian leader since Ivan the Terrible and we are back in the dark ages.

    I still don't think you have the faintest clue what you have done. None of you. Brexit is, totally and completely, the problem. All of you have different ideas, all are now saying, "If they'd done it OUR way everything would have been fine." Bull****. It's a damned stupid idea to cut ourselves out of a great deal to take a worse one and gain **** all. Let alone the cultural, social, diplomatic and scientific damage which mean nothing to you.
    The crowd: "Yes! We are all individuals!"
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  2. #12
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    Re: Brexit makes us poorer

    A real rate of return is the annual percentage return realised on an investment, which is adjusted for changes in prices due to inflation or other external effects. This method expresses the nominal rate of return in real terms, which keeps the purchasing power of a given level of capital constant over time.

    https://www.investopedia.com/terms/r...teofreturn.asp


    The real rate of return or the real wage increase is the amount above or below the rate of inflation. If inflation is 2% and you get a 1% wage rise then the real wage bcrease is -1%. Last year rpi was 2.2% Typical return on bank savings before tax is 1.5% most people are nopt making any real gains on their savings.

    https://www.ons.gov.uk/economy/inflationandpriceindices

    I don't know what % of your earnings is but if it's not at least a 5% increase over the last two years then you are actually no better off in real terms. People in the public sector have been getting 1% rises (while MP's gave themselves above inflation pay rises) in real terms their wages have been falling steadily - they are substantially worse off.

    As to the effect of brixit with pound falling in value since most of our food is imported prices will rise - as will the cost of fertiulsers etc for farmers. The effect is not immediate something which many brexiteers don't seem to undertstand, supermarkets do not buy foodstuffs for sale the next day they are planning moinths in advance and ordering accordingly usually on fixed price contracts it's only now we are beginning toi see the effect. Diesel is now up at £1.39 transport costs are going up or will do shortly. All thes e couriers zooming around delivering ofr amazon have just seen their profit margins take a kicking.

    posted by fourpart
    The UK always thrived as an economy before the EU. There is no reason we cannot do so again.
    Actually not it wasn't the sick man of europe went bon bended knees to try and get in to the eu. Now they are on bended knees trying to get a deal. What has just imposed tariffs on imported goods from europe imo anyopne who thinks we can do better on our own without being on the wrong end of a deal ith the US is delusional.

    In what way has the eu ever stopped british businesses doing business anywhere they like in the world?

    https://www.reuters.com/article/us-i...-idUSKBN1GM088

    France signs deals worth $16 billion in India; to deepen defense, security ties
    course all our former colonies will be delighted to do business with us out of gratitiude for us colonizing them. just don't mention the empire windrush scandal.

  3. #13
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    Re: Brexit makes us poorer

    "We are brexiting to do great deals around the world. We can't so these great deals while shackled by EU chains," the brexiters said.

    What's the situation now? We can't do any deals at all and meanwhile France has done a big deal (above) and Germany has done a deal on cars with China (should cover any drop in orders from whatever is left of the UK) Ireland has done a deal selling meat to China and the EU is opening negotiations on behalf of all its members with Australia and NZ while we can't.

    So this key Brexit claim that we were leaving to do deals because we couldn't do deals as an individual country while in the EU? A LIE. Pure brexit.
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  4. #14
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    Re: Brexit makes us poorer


  5. #15
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    Re: Brexit makes us poorer

    Well well well......what is there to say ?
    I thought I knew more than this until I opened my mouth

  6. #16
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    Re: Brexit makes us poorer

    I think what Lawson said was that Brexit should allow any competent government to fly like a bird, or plane, or Superman. Then giggled.
    The crowd: "Yes! We are all individuals!"
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  7. #17
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    Re: Brexit makes us poorer

    The Brexit Secretary and the Foreign Secretary resign. Normally this would be a massive crisis but times are not normal. It's possible in two days we'll have forgotten it completely. But it could be the end of the May Gov't if more resignations follow and it makes a soft Brexit overall less likely. Hard and disorderly Brexit or Remain look more likely, with hard and disorderly ahead because all the brexiters have to do is wreck, and they are very good at wrecking after 40 years practice.


    It IS possible that fear of a Corbyn Gov't will cause the Tory brexiters or Remainers to stop short of toppling the current one, nor is there any other candidate who could come as close to uniting the Tory Party as May does. Her very weakness might to turn out to be her strength: she has become irreplaceable to the Tories, at present. That would mean her compromise goes ahead: soft Brexit. And the row will fester on.

    For Remainers, it all depends on whether Grieve is right and Parliament CAN still force a vote and still, at the last minute, stop the process. Doubtful.

    So all results are still possible but a hard, disorderly Brexit just pushed ahead a bit. Since the exit date is now months away (children conceived now would likely be born post Brexit, I think) this is alarming and gets more alarming the closer the Brexit date gets. It would I think also pretty much guarantee a break up of the UK.


    Let's just remember we were promised the easiest negotiations in the history of the world leading to great deals and sunlit uplands by brexiters (literally - that's three promises I've run together). We should note that several papers have now carried the story that Banks and Wigmore saw the Russian ambassador or other officials something like 7 times MORE than the few times they had admitted having a boozy lunch. Big deals were offered by the Russians. We should note the Leave campaign is under investigation for financial cheating and this might go criminal.


    When you have a referendum won by a squeaky bum close margin this matters. If this is true and I think it is then the referendum result has no validity because it was decided not by the will of the British people but by the will of Putin and dodgy money which was enough to swing a close result.
    The crowd: "Yes! We are all individuals!"
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  8. #18
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    Re: Brexit makes us poorer

    Around 72% of those eligible to vote in the referendum 52% of that is nowhere near a majority demonstrating the will of the people except in the delusional world of the brexiteer. The more I hear these arseholes the angrier I find myself getting.

  9. #19
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    Re: Brexit makes us poorer

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    2 more resignations, minor ones, which ups the pressure in theory at least. But the 1922 Committee still hasn't received the necessary number of letters required to trigger a leadership contest and honestly I think May now shrugs at resignations as long as it isn't Hammond. There are only about 60 or 70 hard brexiters and they could all be replaced I think, in theory at least.

    Never seen anything like it. Don't know where things are going, don't think it looks good.

    I don't know if we can still get a 2nd ref or not, or force a Parliamentary vote to stop it or indeed what the effect on the country would be if Parliament voted to stop it. I have started to see a few brexiters expressing regret which was very rare before the weekend. But it IS possible we are now in an uncontrollable spin heading for a crash.
    The crowd: "Yes! We are all individuals!"
    Lone voice: "I'm not."

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