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BREXIT: The flight of capital has begun
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MargMck
19-12-2016
Originally Posted by Mr Oleo Strut:
“The facts about the risks of Brexit are obvious to anybody who cares to understand them.”

Just as the facts about the risks of Remain are obvious to anybody who cares to understand them.

Is it so hard to understand that the majority looked at the risks on both sides and then took the calculated risk that, in the long-term, we were better out of the EU? It was a rock and a hard place decision for many, I can see that, but so far things have gone much better in the early days after the vote than many predicted.

We won't be able to judge anything for several years - and then it can only be against 'what if' scenarios, possibly some schadenfreude if GB is more than keeping pace with the remains of the EU. And other world events will no doubt have a big part to play. Some will be to our gain from being outside the EU, others might not.

If we had voted to Remain I would have hoped that Britain still did well for the sake of the people living here. But I'm shocked by the number of Remainers here who clearly wish for Brexit - which will happen - to go pear-shaped and that many people lose their jobs and homes (as long as they voted to Leave, of course).

Such posters are eaten up with bitterness. It demonstrates not an interest in national well-being but an unsettling personal need to get your own way and relentlessly strop in the meantime. Very unhealthy, both for them and those they come into contact with on a daily basis.
John146
19-12-2016
Originally Posted by MargMck:
“Just as the facts about the risks of Remain are obvious to anybody who cares to understand them.

Is it so hard to understand that the majority looked at the risks on both sides and then took the calculated risk that, in the long-term, we were better out of the EU? It was a rock and a hard place decision for many, I can see that, but so far things have gone much better in the early days after the vote than many predicted.

We won't be able to judge anything for several years - and then it can only be against 'what if' scenarios, possibly some schadenfreude if GB is more than keeping pace with the remains of the EU. And other world events will no doubt have a big part to play. Some will be to our gain from being outside the EU, others might not.

If we had voted to Remain I would have hoped that Britain still did well for the sake of the people living here. But I'm shocked by the number of Remainers here who clearly wish for Brexit - which will happen - to go pear-shaped and that many people lose their jobs and homes (as long as they voted to Leave, of course).

Such posters are eaten up with bitterness. It demonstrates not an interest in national well-being but an unsettling personal need to get your own way and relentlessly strop in the meantime. Very unhealthy, both for them and those they come into contact with on a daily basis.”



^^^^^^^^
This
bluewomble88
19-12-2016
Has trevgo left Britain yet? He probably will when Yvette Cooper takes in a refugee.
allaorta
19-12-2016
Originally Posted by bluewomble88:
“Has trevgo left Britain yet? He probably will when Yvette Cooper takes in a refugee.”

He may well have done, he's speaking in another language.
Mr Oleo Strut
19-12-2016
Originally Posted by MargMck:
“Just as the facts about the risks of Remain are obvious to anybody who cares to understand them.

Is it so hard to understand that the majority looked at the risks on both sides and then took the calculated risk that, in the long-term, we were better out of the EU? It was a rock and a hard place decision for many, I can see that, but so far things have gone much better in the early days after the vote than many predicted.

We won't be able to judge anything for several years - and then it can only be against 'what if' scenarios, possibly some schadenfreude if GB is more than keeping pace with the remains of the EU. And other world events will no doubt have a big part to play. Some will be to our gain from being outside the EU, others might not.

If we had voted to Remain I would have hoped that Britain still did well for the sake of the people living here. But I'm shocked by the number of Remainers here who clearly wish for Brexit - which will happen - to go pear-shaped and that many people lose their jobs and homes (as long as they voted to Leave, of course).

Such posters are eaten up with bitterness. It demonstrates not an interest in national well-being but an unsettling personal need to get your own way and relentlessly strop in the meantime. Very unhealthy, both for them and those they come into contact with on a daily basis.”

Nobody knows what the consequences of Brexit will be, but what we do know is that the government does not have a plan. It's all 'if', 'perhaps' and 'maybe' and it is absolutely foolish to blindly rush into the unknown for no reason apart from prejudice and ignorance. The country has been ripped apart and faces a very uncertain future in a particularly unstable world. Was it worth it? I don't think so. I am not eaten up with bitterness, by the way, just sickened by the change that has swept over my poor old country led by people peddling a tissue of lies and deceipt. It's all very ugly and potentially extremely dangerous.
mRebel
19-12-2016
Originally Posted by trevgo:
“And you're not an expert. So I prefer to listen to them as they know what they're talking about.

As opposed to Brexiters, who haven't the faintest idea what they're talking about. As they will come to realise over the coming months and years.”

In 2005 an Australian economist called Steve Keen predicted the collapse of the British and American banking systems. After his prediction came true, I heard an interview with him, in which he said 99% of economists called him the 'village idiot', and said he didn't understand the 'new economy'. Are those 99%, who assured us the banks business model was sound, the 'experts' you mean?
mRebel
19-12-2016
Originally Posted by MTUK1:
“Name them. I wait with baited breath.”

You may have to keep your breath baited longer than is healthy.
james_lndsay
19-12-2016
Originally Posted by TheEngineer:
“http://uk.businessinsider.com/how-br...conomy-2016-12





No doubt we will get more of:

"lalala I'm not listening"

or

"you lost get over it"

or

"but we haven't left the EU yet"

from the Brexiteers as they try and deny the reality of what is happening.”

Getting your seasonal greet in a bit later than normal I see.

Until it's published by an actual news outlet and not some activist agenda driven hack site then it is nonsense
hufflestuff
19-12-2016
Originally Posted by bluewomble88:
“Has trevgo left Britain yet? He probably will when Yvette Cooper takes in a refugee.”

He may have got lost when trying to find his way out of London.
Doctor_Wibble
20-12-2016
Originally Posted by mRebel:
“You may have to keep your breath baited longer than is healthy.”

No need to worry, it's just an old fishing joke
TheEngineer
20-12-2016
Originally Posted by james_lndsay:
“Until it's something I agree with then it is nonsense”

Fix that for you
MTUK1
20-12-2016
Originally Posted by Mr Oleo Strut:
“I'm not wasting my time. Read the facts for yourself, if you can be bothered.”

Still waiting.
Lin4237
20-12-2016
Originally Posted by TelevisionUser:
“...to get back into the EU after the economic carnage of Brexit...”

We import more from the EU than we export to them. We have less Brits living in the EU than they have working here. Who would you say has the better hand??
TheEngineer
20-12-2016
Originally Posted by Lin4237:
“We import more from the EU than we export to them. We have less Brits living in the EU than they have working here. Who would you say has the better hand??”

They do - 44% of all UK Exports are to the EU. Depending on how you measure it a maximum of 17% of EU Exports are to the UK.

What would you rather lose, 44% of your income or 17%?

https://fullfact.org/europe/uk-eu-trade/
Lin4237
20-12-2016
Originally Posted by TheEngineer:
“They do - 44% of all UK Exports are to the EU. Depending on how you measure it a maximum of 17% of EU Exports are to the UK.

What would you rather lose, 44% of your income or 17%?

https://fullfact.org/europe/uk-eu-trade/”

Sorry, I was looking at value of 44% vs value of 17%
TheEngineer
20-12-2016
Originally Posted by Lin4237:
“Sorry, I was looking at value of 44% vs value of 17%”

I know but the point is valid - if there was a complete trade block (and I am not saying for 1 minute this would happen) then we would lose 44% of our exports and the EU 17%.

So what is worse, losing 44% or losing 17%?
Doctor_Wibble
20-12-2016
Originally Posted by TheEngineer:
“So what is worse, losing 44% or losing 17%?”

That rather depends on the 'of what' and of course 'lose in what sense' and a whole load of other things - I don't think either side really explained this particularly well because neither was interested in painting a balanced picture.
Mark_Jones9
20-12-2016
Originally Posted by TheEngineer:
“I know but the point is valid - if there was a complete trade block (and I am not saying for 1 minute this would happen) then we would lose 44% of our exports and the EU 17%.

So what is worse, losing 44% or losing 17%?”

I would rather lose 44% of £1 than 17% of a £100.
MTUK1
20-12-2016
Originally Posted by TheEngineer:
“I know but the point is valid - if there was a complete trade block (and I am not saying for 1 minute this would happen) then we would lose 44% of our exports and the EU 17%.

So what is worse, losing 44% or losing 17%?”

That 17% of their trade makes us the biggest market for EU goods and services in the world. Do you seriously think they want to lose that?
Mark_Jones9
20-12-2016
Originally Posted by mRebel:
“In 2005 an Australian economist called Steve Keen predicted the collapse of the British and American banking systems. After his prediction came true, I heard an interview with him, in which he said 99% of economists called him the 'village idiot', and said he didn't understand the 'new economy'. Are those 99%, who assured us the banks business model was sound, the 'experts' you mean?”

Did he get the cause of the collapse correct? The collapse in mortgage backed security derivatives due to rating agencies giving triple A ratings to junk, and insurance companies not being able to honour the insurance derivatives they created that backed the mortgage backed securities in the event the mortgage backed securities failed. So resulting in governments having to step in.
Mr Moritz
20-12-2016
Originally Posted by TheEngineer:
“Great, more McJobs.

No offence to McDonalds but how many people that work for them make it a long term career?

How many McDonalds part-time jobs (let's say 16 hours per week) would it take to replace the govenment tax take from one bank job on (say) £100,000 per annum?

As for Lidl, it is not as if we have a lack of supermarkets. The chances are any net jobs increase will be small as they impact other supermarkets / local shops. Again, the jobs are not well paid.”

So before Brexit how much investment was made in manufacturing and engineering?

The MaccyD jobs aren't well paid but at least it's a job.

One of the good things about Brexit is that now we're going have to invest and train our own, before we really didn't do this well at all. So from this maybe higher paid/skilled jobs will emerge.
trevgo
20-12-2016
Originally Posted by hufflestuff:
“He may have got lost when trying to find his way out of London.”

Not very likely seeing as I spend my entire working life outside London. I travel all over.
You should try it. Gives you a wider view of the world.
GibsonSG
20-12-2016
Originally Posted by TheEngineer:
“http://uk.businessinsider.com/how-br...conomy-2016-12





No doubt we will get more of:

"lalala I'm not listening"

or

"you lost get over it"

or

"but we haven't left the EU yet"

from the Brexiteers as they try and deny the reality of what is happening.”


It will be interesting to see how they make it the fault of remainers.
Lin4237
20-12-2016
Originally Posted by MTUK1:
“That 17% of their trade makes us the biggest market for EU goods and services in the world. Do you seriously think they want to lose that?”

Thank you - someone who has a mathematical brain. I didn't want to carry on in case I lost my rag, thank you for pointing it out so politely!
allaorta
20-12-2016
Originally Posted by TheEngineer:
“They do - 44% of all UK Exports are to the EU. Depending on how you measure it a maximum of 17% of EU Exports are to the UK.

What would you rather lose, 44% of your income or 17%?

https://fullfact.org/europe/uk-eu-trade/”

We won't lose all our EU exports and well you know it. They could even increase, couldn't they?
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