Off Topic EU deabte. Which way are you voting ?

[HRH Custard VC]

Import/export from H M Customs

https://www.uktradeinfo.com/Statistics/OverseasTradeStatistics/Pages/OTS.aspx

so who need who most

 

[PINKIE]

Can you imagine a scenario, post Brexit where the bumbling buffoon Boris is PM, trying to negotiate deals with the EU on the back of us being a 'proud nation' who have just ****ed off the whole of Europe ? It's a wasteland scenario.

 

[Tobes]

Funded by the EU

It receives no core funding from Govt or the EU.

 

[Tobes]

or how about having 80M people living here and not being able to see a DR. or get a hospital bed or even buy a house your drive to work is now 3 hours and quality of live is 0. So who wants its head sorted now?

Where's 80m come from?

Are you a S*n reporter?

 

[afcftw]

The NIESR have calculated that the effect to the UK economy will be somewhere between 1.5 and 3.7% of our current GDP by 2030.

The net saving to the UK economy if we leave is 0.4%.

Anyone who thinks that's a sensible economic decision needs to give their head a wobble

That net saving is based on the money we no longer pay into the EU and doesn't consider improved economic performance through better trade outside of the EU (which I appreciate is debatable).

And again the impact on our economy will depend on what kind of deal we get in place.

 

[NSIS]

Since the ECB continues to increase its QE programme and use negative interest rates I'd say a 13% hit would be more than enough to seriously damage the EU economy. Then there are the individual industries in other countries that do huge amounts of trade with us such as the German car manufacturers that could potentially take huge hits and destabilise the economies of individual EU countries at a time when there economies are already attempting recovery. So there would be big pressure to have a deal made.

Clearly to us a 50% hit would be catastrophic.

The fact is though that trade will continue even if we end up with tariffs and the hit won't be nearly as big as the overall % of trade.

To not give the UK a good deal would be cutting off there noses to spite there faces. The risk for both sides would be too big not to work together.

We are net importers as a country. When the pound nosedives, as it will, those imports will become far more expensive. With all the ensuing consequences to the UK economy and to the public's personal finances.

 

[NSIS]

or how about having 80M people living here and not being able to see a DR. or get a hospital bed or even buy a house your drive to work is now 3 hours and quality of live is 0. So who wants its head sorted now?

And leaving the EU is going to solve all that?....!

 

[afcftw]

We are net importers as a country. When the pound nosedives, as it will, those imports will become far more expensive. With all the ensuing consequences to the UK economy and to the public's personal finances.

Whether it nosedives or whether it has a wobble is a matter of opinion and again will depend largely on how we deal with the exit rather than the actual exit (to clarify I'm not suggesting that there won't be an initial fall).

 

[HRH Custard VC]

Where's 80m come from?

Are you a S*n reporter?

That the projected levels buy 2030 and thats from the treasury

 

[HRH Custard VC]

And leaving the EU is going to solve all that?....!

We can control our borders that will mean less immigrants coming in (we choose who we want/need ) thats less people in our already overcrowded country.

 

[HRH Custard VC]

Your ******ed PM says he will stop the triple lock on pensioners pensions, even though he will not get the vote through Parliament, more scare stories from the IN club.

Your PM is finished (if you are a tory boy that is)

 

[PINKIE]

No, we aren't an important trade partner for the EU just because we are in the EU, it's because of the products and services we supply and our capacity for doing business. As far as doing deals outside of the EU, it would be far more straightforward because we wouldn't need 27 other countries to agree to the deals. We could make deals that are beneficial to ourselves. There are examples like Norway who have done more trade deals than the EU and there are examples all around the world of countries who operate outside of trade blocks having flourishing economies.

Obama did say that and then clarified his comments and said of course the US would want to continue to trade with the U.K. And since then other presidential candidates have come out saying the UK would definitely not be at the back of the queue. I'd take with a pinch of salt anything said by American politicians though.

It's not wishful thinking that the uncertainty will subside, that's a fact, uncertainty is about not knowing how things will play out. As things slot into place on whatever grounds they end up, there will be less uncertainty and as such the markets will stabilise and recover.

It's wishful thinking. The economists all point to the fact that our economy will be severely hit. Just saying 'it will recover' is akin to burying your head in the sand. Also all of the countries that are outside of trading blocks who trade with the EU have to pay a tariff to trade with the EU anyway. We're stronger in the EU because we benefit from the collective trade and we get to shape the policy and decision making from being on the inside.

 

[Tobes]

That net saving is based on the money we no longer pay into the EU and doesn't consider improved economic performance through better trade outside of the EU (which I appreciate is debatable).

The report I quoted there DID consider the economic performance of our worldwide trade post an EU exit.

But even ignoring exports, the U.K. economy will take a nosedive should the pound crumble and inflation kicks in, as interest rates will have to rise to counter it, and thus disposable income in this country falls, and with it our GDP.

The Brexit campaign simply can't come up with a coherent argument that stands up to any scuriny on the economic outlook for the UK being anything other than bleak.

It's a simple equation, you piss off and alienate your biggest market and end up (whenever that is) with new trading terms that are worse than you currently have in the free market - this is a given, and in the interim you've subjected your own economy to huge uncertainty and you've taken a bath from the consequences of that.

If you set aside all of the other arguments about our EU membership, then purely from an economic standpoint an exit is pure idiocy.

 

[PINKIE]

We can control our borders that will mean less immigrants coming in (we choose who we want/need ) thats less people in our already overcrowded country.

The NHS and public services are at breaking point because of an increasing indigenous and ageing population, coupled with massive cuts to public spending on the back of austerity. Blaming Johnny Foreigner is lazy BS.

 

[afcftw]

It's wishful thinking. The economists all point to the fact that our economy will be severely hit. Just saying 'it will recover' is akin to burying your head in the sand. Also all of the countries that are outside of trading blocks who trade with the EU have to pay a tariff to trade with the EU anyway. We're stronger in the EU because we benefit from the collective trade and we get to shape the policy and decision making from being on the inside.

It isn't wishful thinking to say that uncertainty will subside as deals get put in place and as things stabilise the markets will recover, that's just how economics works, it's a wave. The debatable bit is whether we will peak higher than our current position or lower.

Again, it will depend on what deal we do with the Eu as to what kind of tariffs if any we and they end up paying on trade, there is no fact surrounding this point it is all opinion until a deal was agreed. Also any trade deals we then choose to do with countries outside of the EU would no longer have to conform to EU rules, regulations and tariffs. So there is an argument to be made for us being in a stronger trade position outside the EU even if we continue to have to meet EU standards for trade with the EU.

People make out that these issues are so simple but the majority of this stuff has two sides to it.

 

[Tobes]

We can control our borders that will mean less immigrants coming in (we choose who we want/need ) thats less people in our already overcrowded country.

You do realise that last year non EU immigration to this country was higher than from the EU don't you?

 

[NSIS]

We can control our borders that will mean less immigrants coming in (we choose who we want/need ) thats less people in our already overcrowded country.

Half the immigration to the UK is illegal, and from outside the EU....

Leaving the EU won't stop all the boats and dinghies coming across, full of economic migrants from Syria, etc...

 

[HRH Custard VC]

The NHS and public services are at breaking point because of an increasing indigenous and ageing population, coupled with massive cuts to public spending on the back of austerity. Blaming Johnny Foreigner is lazy BS.

Also nothing to do with the extra people here, thats even more strain on the NHS and dont forget Schools

 

[pieguts]

We are net importers as a country. When the pound nosedives, as it will, those imports will become far more expensive. With all the ensuing consequences to the UK economy and to the public's personal finances.

Why will the £ nosedive. I accept that there might be some short term readjustment of currencies, but how does that equate to a nosedive?
If the UK, pulls out of the EU, then that's a large proportion of its annual contributions gone, as the EU relies on member states for its wealth. The other members are unlikely to be able to make this shortfall up, so surely the Euro would ultimately be devalued. Doesn't this potentially make the £ stronger?

 

[HRH Custard VC]

You do realise that last year non EU immigration to this country was higher than from the EU don't you?

Yes and the Gov need to sort that out as well