Re: Brexit discussion
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Once we leave and are outside the customs union, we would expect to be charged and pay around 2.5% in trade tariff revenues. The article said, the membership of the EU, along with it's hefty fee compared paying just 2.5% in revenues, is the biggest case of mis-selling that dwarfs the banking PPI scandal. If I can find the article I will link to it. |
Re: Brexit discussion
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Once both brexiteers and remoaners wake up to the fact it is going to happen then sensible discussion can then take place. Igni quite rightly picked me up on an error in my previous post in that the EU is responsible for 44% of exports, it still doesn't change the fact that it is only responsible of 15% of the economy and WTO rules could balance that 15% out. If anyone else sees a mistake in my post or can post a genuine rebuttal I look forward to it. The debate awaits. |
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---------- Post added at 15:07 ---------- Previous post was at 15:03 ---------- Quote:
If it were as black and white as that it would make no sense for the various forecasts to be predicting the worst outcome for the UK being reverting to WTO. Pretty much the only group making economic forecasts that believe WTO is the best option for the UK is hyper-partisan. Everyone else from dedicated internationalists to those entirely indifferent consider things the opposite way. There's a really good reason why Leave.EU and Vote Leave didn't campaign on the economy. |
Re: Brexit discussion
And here's the stats re Faisal Islam's Tweets on Brexit. It'd be difficult for them to be less positive than his esteemed journalist colleagues wouldn't it so:
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He's the most positive about it of the three but it's perfectly obvious that none of them are happy and are finding it hard to hide that fact judging by their output. |
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People tend to only read the views they want to hear. |
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The facts re the Tweets are the facts there's no disputing that and there's plenty of anti-Tory stuff and a lot more on Guido's site for those who bother to look. But of course it's easier for some folks to just dismiss the stuff they don't like. They ridicule the notion that there's any media bias whatsoever against Brexit then when some evidence is put forward in relation to leading journalists they claim it's biased. I'm sure if the journalists concerned have been terribly misrepresented they'll be telling us all about it. Let's wait and see shall we...
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Re: Brexit discussion
The £ vs $ is higher than it's ever been since brexit. Currently $1.34 to the £1. This is on the news that interest rates may increase next month, after they were held today.
This time 10 years ago. When I went to US for a month, the exchange rate was $2 to the pound. :erm: |
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So lower than all the time we have been in the EU. |
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I'm still waiting for someone to tell me how much the rise in Sterling has actually cost JLP because it's easy for companies to report a large fall in profits and blame it all on Brexit without backing that up, especially if the leadership of those companies happens to have a pro-EU agenda. |
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