Brexit and the Consequences

[counter_violent]

Here's one you might like, cv.

"The greatest tragedy in all history is the murder of a beautiful theory by a gang of brutal facts."

anon

Yes, please forward that to Mr Junker C/O. EU. Somewhere in Belgium.

You may have to write him an explanatory note suggesting the next time they design a system, ensure it is workable and complete.

 

[counter_violent]

One for Jon.

“The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance.” Cicero – 55 BC

 

[barjon]

One for Jon.

“The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance.” Cicero – 55 BC

.......and we've been struggling to live up to his words ever since.

 

[counter_violent]

One for Oscar

“How much can a Koala Bear?” Unknown Australian

 

[Oscar Reed]

One for Oscar

“How much can a Koala Bear?” Unknown Australian

 

[barjon]

I see the black hole in the nations finances warned by George Osborne and dismissed by brexiteers as "brazen scaremongering" has been confirmed in the autumn estimates today. Just shows what you can achieve in today's world by spouting a load of lies.

Paradoxically, we're supposed to be better informed than at any time in history. Some joke that.

 

[forker]

There was a hole in the finances long before brexit. The credit crisis ensured we would be screwed for many years to come.

 

[barjon]

There was a hole in the finances long before brexit. The credit crisis ensured we would be screwed for many years to come.

True, but this related to the Brexit hole . Mind you , free of EU requirements, we can adopt the US model and just keep borrowing into the trillions without a care in the world. Maybe Brexit has its advantages after all

 

[Splitlink]

While everyone wants US dollars the Americans will keep lending them.The GB pound? So far, so good, but I would not bank on it. Remember when Callaghan was pm?

I can remember changing my travellers' cheques for 120 pesetas one year. The normal exchange was 165.

 

[Atilla]

We are still operating BAU.

No article 50, hence, nothing started other than business uncertainty and slow down in investment

UK paying higher prices for imports

India not running to greet us with open arms

Inflation pencilled in

Flight from sterling pretty obvious and undeniable

Interest rates lowered and QE loosened again

Government borrowing more to go back to Keynesian economics on getting infrastructure projects going

Aging population, rising tax and NHS burden

Productivity below par to neighbours like Germany and France

Clearly out of all ideas and desperate to save the nation. Debt 90% of GDP and moving upwards



Brexiters happy clapping hands the roof hasn't come down. Writings on the wall imo. All they can say is stop moaning and talking down the country. Hope and Glory, Bull n **** story

Don't count your chickens before they hatch...

 

[forker]

You really are a positive bunch

 

[forker]

 

[Atilla]

You really are a positive bunch

On the contrary I'm very much an optimist not an Eeyore at all but more of a
Tigger.

Every bit of education, life experience and gut instincts telling me this is a very bad high risk low reward move.

We should be driven by the evidence and facts. Not political hear say.



In an ideal world having had the advisory referendum, I'd expect the government to setup a task force to look at Brexiting and having consulted business, people and international governments come up with a proposal, debate and get it through Parliament and then embark on the road map if voted through.

But to go to mass public on an ill thought out referendum as a quick win to shut Tory protest and then rough shod that over Parliaments head is not democracy.

It's just simply very bad practice.

 

[Atilla]

Then there are those who say EU is going to brake up anyhow so let's help it along. As if the UK will not be effected when it does.

Then there are those who think if it does it will help us with our bargaining.

I'm afraid international relations and global production of goods and services are now so intertwined that we are all well and truly in the same boat in the advanced developed nations.

Is this not clear?


So UK Brexiters are a little like rats deserting a struggling ship. Not sinking just struggling. This is their response. :idea:

 

[forker]

As Warren Buffet says. Be greedy when people are fearful and walk away when people are greedy. Right now every forecast has been wrong about our economy. We have never been through this before so your experience has different reference points meaning you should tread lightly in believing it at face value. What we are about to go through is a necessary adjustment and at the end we will ultimately be more competitive and inventive. UK will be forced to let go Protectionism which is the reason the eu is such a mess. In years to come they will be begging us for the innovation we have and trying to replicate our succes. One door closes and a new one opens.

 

[Atilla]

As Warren Buffet says. Be greedy when people are fearful and walk away when people are greedy. Right now every forecast has been wrong about our economy. We have never been through this before so your experience has different reference points meaning you should tread lightly in believing it at face value. What we are about to go through is a necessary adjustment and at the end we will ultimately be more competitive and inventive. UK will be forced to let go Protectionism which is the reason the eu is such a mess. In years to come they will be begging us for the innovation we have and trying to replicate our succes. One door closes and a new one opens.

Facts and evidence to support your perspective does not exist.

Look at US braking agreements and moving towards protectionism. TTP is an EU type block to counteract EU global lead. They are emulating EU. Think about it. UK will have to negotiate with block.

EU has right level of protectionism. Once again look at what US now trying to do.


Where I do have some hope is that the British people have strong resolve. Through much hard ship and suffering, we will embark on some new road.

Inevitably. However, that will be a very long road and take much time. They'll put up with a lot are v'ery strong and hardy. They'll get by.

Big question is, as a leader of a great nation, 5th in the World by GDP, do you wish to risk your populace facing such an uncertain bleak future?


Facts and evidence to support the rosy world prescribed by Brexiters does not exist and is not materialising either.

Only bonus drop in sterling is not a positive. Yes to exporters but as we are an importing nation this means costs in the short term greater than positives.

Moreover, we only gain competitive advantage by price change this can in fullness of time be eroded again.

Competitive advantage should ideally originate from creativity and superior product.


You seem like a clever guy Forker. Leave your emotions out and just make a list of positives and negatives SWOT it out and see what you end up with. :idea:

 

[counter_violent]

All we did was hasten the EU's decline. If it wasn't us, then another country would have brought about it's collapse. Just a matter of timing, nothing more.

 

[counter_violent]

Facts and evidence to support your perspective does not exist.

Look at US braking agreements and moving towards protectionism. TTP is an EU type block to counteract EU global lead. They are emulating EU. Think about it. UK will have to negotiate with block.

EU has right level of protectionism. Once again look at what US now trying to do.


Where I do have some hope is that the British people have strong resolve. Through much hard ship and suffering, we will embark on some new road.

Inevitably. However, that will be a very long road and take much time. They'll put up with a lot are v'ery strong and hardy. They'll get by.

Big question is, as a leader of a great nation, 5th in the World by GDP, do you wish to risk your populace facing such an uncertain bleak future?


Facts and evidence to support the rosy world prescribed by Brexiters does not exist and is not materialising either.

Only bonus drop in sterling is not a positive. Yes to exporters but as we are an importing nation this means costs in the short term greater than positives.

Moreover, we only gain competitive advantage by price change this can in fullness of time be eroded again.

Competitive advantage should ideally originate from creativity and superior product.


You seem like a clever guy Forker. Leave your emotions out and just make a list of positives and negatives SWOT it out and see what you end up with. :idea:

You aren't convincing anyone.

We are in transition. One set of problems to be replaced with a different set. What's the problem !

 

[Atilla]

Conservative lawmakers attacked Britain’s fiscal watchdog after it warned that Brexit would cost 60 billion pounds ($75 billion) in extra borrowing as the economy falters.



The Office for Budget Responsibility’s forecast -- the first official assessment of the costs related to leaving the bloc -- also stated that exiting the European Union would leave Britain with less potential for sustainable growth. Chancellor of the Exchequer Philip Hammond, who presented the forecasts alongside his Autumn Statement Wednesday, said the predictions showed there is an “urgent” need for Britain to tackle its long-term economic weaknesses.

Department of the State is attacked by Brexiters for scaremongering.

Anything that's anti-brexit is now attacked. Does not bode well for democracy. 37% of the electorate kicking ass.

I don't understand what why Civil Servants would put forth misleading data to Government?

 

[tomorton]

This is all beside the point. The economy wasn't why the referendum was organised and it wasn't what counted with the voters.