Brexit What Happens Next Thread ---multiple merged threads.

[slawek]

For Rejoiners only

 

[longgone]

2 hours ago, jonb2 said:

Not going to happen.

There is nobody, NOBODY in your Tory government with the where-with-all to do anything good for the country. They are useless, self-serving and ignorant. China, with it's government of engineers and scientists, make our lot look like children on their first day in kindergarten.

But it's what the majority voted for apparently.

 

The whole lot are useless regardless who you vote for. Brexit or no Brexit decades of HPI and fake growth built on sand.

[crouch]

33 minutes ago, IMHAL said:

Where is the evidence for your claimed groupthink? Where is the evidence that these economists are not thinking independantly? Where is the evidence that the CFO's are incapable of being objective and understanding the risks to their own businesses?

Scratch all that... you are sounding like a nutter......best we leave it there.

Insults are the last refuge of a weak case.

Economists use similar techniques so it's hardly surprising they come to similar conclusions, especially where most are anti Brexit( and most academics are very, very anti Brexit).

Of course CFOs are capable of being objective; that's why they're less concerned about Brexit than two years ago.

[Huggy]

1 hour ago, slawek said:

For Rejoiners only

 

I have no doubt his Twitter feed, facebook feed, other social media feeds are full of Remain/Rejoin energy. Echo chambers do that.

And not much of anything he might disagree with.

I'm sure more arguments around EU membership will be welcomed with glee and delight by a grateful British public.

[rockerboy]

10 hours ago, Confusion of VIs said:

Now that's what you call a Brexit dividend, pity it went to Germany.

Only recently, project fear was in full flow - but now everyone can see that it was a complete lie, are we now saying their has to be dividend when leaving the EU?

 

 

[zugzwang]

16 minutes ago, longgone said:

The whole lot are useless regardless who you vote for. Brexit or no Brexit decades of HPI and fake growth built on sand.

Not true. There was a genuine choice this time. Next time there probably won't be.

[longgone]

1 minute ago, zugzwang said:

Not true. There was a genuine choice this time. Next time there probably won't be.

No choice if no one votes for Corbyn.

The public are too retarded by the media or are either doing well out of the rigged system.

Obviously there are more haves than havenots than we thought.

[Confusion of VIs]

6 hours ago, GrizzlyDave said:

400,000 job losses doesn’t sound like a win.

The forthcoming job losses are nothing to do with Brexit.

 However, Tesla deciding to locate their European factory and development centre in Germany is, another £20bn addition to the annual cost of Brexit (The initial planned production of the German Giga factory is 500,000 vehicles per year. At a average cost of £42,000 each that is a £21bn per year)   

The fact that the Germans have recognised the impact of the switch to EVs and the number of workers it is likely to displace is a reflection of the fact that they are addressing the issue and have a +£200bn plans for spending between 2020/24 to make the move. 

What is our plan for the future of the 883,000 people employed in the automotive industry?

 https://www.smmt.co.uk/industry-topics/uk-automotive/  

Quote

The UK automotive industry is a vital part of the UK economy worth more than £82 billion turnover and adding £18.6 billion value to the UK economy.

With some 168,000 people employed directly in manufacturing and in excess of 823,000 across the wider automotive industry, it accounts for 14.4% of total UK export of goods, worth £44 billion, and invests £3.75 billion each year in automotive R&D.

More than 30 manufacturers build in excess of 70 models of vehicle in the UK supported by 2,500 component providers and some of the world’s most skilled engineers.

Over 1.52 million cars , 84,888 commercial vehicles and 2.7 million engines were built in the UK in 2018. 

Eight out of 10 cars produced in the UK are exported overseas to 160 different markets worldwide.

I suspect the hit to the UK's workforce will be rather larger than 400,000. 

Edited January 14, 2020 by Confusion of VIs

[winkie]

 

[slawek]

Finest Leavers in action

 

[zugzwang]

Oil giant Total relocates to Paris.

https://uk.finance.yahoo.com/news/oil-giant-total-shift-london-141455675.html

Quote

The boss of French oil giant Total has said moving the company’s financial hub out of London to Paris due to Brexit is “a logical decision”.

Patrick Pouyanne told a financial conference in the French capital: “Total will bring its cash back to Paris”, following up with a tweet confirming the move.

Around 60 to 70 jobs will move back to the “heart of Europe’s economic and financial system” in Paris, he added.

It followed a backlash in 2013 when the company first moved to London.

 

[Bruce Banner]

3 minutes ago, zugzwang said:

Oil giant Total relocates to Paris.

https://uk.finance.yahoo.com/news/oil-giant-total-shift-london-141455675.html

 

[zugzwang]

2 minutes ago, Bruce Banner said:

"Bong."

[crouch]

2 hours ago, Confusion of VIs said:

What is our plan for the future of the 883,000 people employed in the automotive industry?

Is any part of the UK motor industry owned here? I'm sure there may be small parts but I would have thought that the vast majority is owned overseas and therefore there's always the possibility, Brexit or no, that it could be transferred abroad, although with marques like Rolls Royce and Bentley that might be difficult.

[jonb2]

3 hours ago, rockerboy said:

Only recently, project fear was in full flow - but now everyone can see that it was a complete lie, are we now saying their has to be dividend when leaving the EU?

 

 

Brexit will soon have cost the UK more than all of its payments to the EU over the last 47 years put together

"As the U.K. comes to terms with its new trading relationship with the EU and grapples with the productivity challenge that has hindered growth since the financial crisis, the annual cost of Brexit is likely to keep increasing," Hanson told Bloomberg.

https://www.businessinsider.com/brexit-will-cost-uk-more-than-total-payments-to-eu-2020-1?r=US&IR=T

?

[IMHAL]

14 minutes ago, jonb2 said:

Brexit will soon have cost the UK more than all of its payments to the EU over the last 47 years put together

"As the U.K. comes to terms with its new trading relationship with the EU and grapples with the productivity challenge that has hindered growth since the financial crisis, the annual cost of Brexit is likely to keep increasing," Hanson told Bloomberg.

https://www.businessinsider.com/brexit-will-cost-uk-more-than-total-payments-to-eu-2020-1?r=US&IR=T

?

.....but I'm sure that some leavers will put it all down to 'groupthink'.... 'they' all thought it would be bad...and now it is bad = 'groupthink' (and most definately not reality at play).

Nice one....we are starting to get some perspective here...

 

[MonsieurCopperCrutch]

24 minutes ago, jonb2 said:

Brexit will soon have cost the UK more than all of its payments to the EU over the last 47 years put together

"As the U.K. comes to terms with its new trading relationship with the EU and grapples with the productivity challenge that has hindered growth since the financial crisis, the annual cost of Brexit is likely to keep increasing," Hanson told Bloomberg.

https://www.businessinsider.com/brexit-will-cost-uk-more-than-total-payments-to-eu-2020-1?r=US&IR=T

?

And all done to placate a bunch of xenophobic bigots. What an utter joke England has turned into. 

[IMHAL]

1 hour ago, crouch said:

Is any part of the UK motor industry owned here? I'm sure there may be small parts but I would have thought that the vast majority is owned overseas and therefore there's always the possibility, Brexit or no, that it could be transferred abroad, although with marques like Rolls Royce and Bentley that might be difficult.

Oh dear.....but on the plus side...looks like you have found yourself a pool of ready made excuses.

Within the UK, England remained the country with the largest proportion of foreign-owned businesses (85.8%) operating there.

The majority of foreign-owned UK businesses were European; these businesses represented 55.6% of total foreign-owned businesses (13,542 businesses) and contributed £152.7 billion (47.1%) to total aGVA generated by foreign-owned businesses.

Edited January 14, 2020 by IMHAL

[slawek]

53 minutes ago, MonsieurCopperCrutch said:

And all done to placate a bunch of xenophobic bigots. What an utter joke England has turned into. 

Let me check Leavers' cheatsheet. I guess the answer is "Remoaner propaganda/nothing to do with Brexit." or "You can't put a price on freedom."

Cheatsheet

Bad economic news? - "Remoaner propaganda/nothing to do with Brexit."

Why are we seeing no upsides only downsides? - "Give it time."

Key industries collapse? - "They're dinosaurs that we don't need."

Major companies relocate elsewhere? - "It was time we rebalanced the economy."

Millions of jobs lost? - "You can't put a price on freedom."

Trade deal negotiations looking disastrous? - "All the fault of those evil Europeans."

[Bruce Banner]

10 minutes ago, slawek said:

Let me check Leavers' cheatsheet. I guess the answer is "Remoaner propaganda/nothing to do with Brexit." or "You can't put a price on freedom."

Cheatsheet

Bad economic news? - "Remoaner propaganda/nothing to do with Brexit."

Why are we seeing no upsides only downsides? - "Give it time."

Key industries collapse? - "They're dinosaurs that we don't need."

Major companies relocate elsewhere? - "It was time we rebalanced the economy."

Millions of jobs lost? - "You can't put a price on freedom."

Trade deal negotiations looking disastrous? - "All the fault of those evil Europeans."

Sometimes freedom comes with consequences...

[slawek]

5 minutes ago, Bruce Banner said:

Sometimes freedom comes with consequences...

Let them feel the pain. They even have a special place in hell. For time being, before they leave us for good, we can create them Leaver Masochism Centers and charge them for the service.

[winkie]

'No such thing as a free lunch'......'if it looks too good to be true, it usually is'.

[zugzwang]

2 hours ago, jonb2 said:

Brexit will soon have cost the UK more than all of its payments to the EU over the last 47 years put together

"As the U.K. comes to terms with its new trading relationship with the EU and grapples with the productivity challenge that has hindered growth since the financial crisis, the annual cost of Brexit is likely to keep increasing," Hanson told Bloomberg.

https://www.businessinsider.com/brexit-will-cost-uk-more-than-total-payments-to-eu-2020-1?r=US&IR=T

?

£200bn in lost economic growth by the end of 2020.

Is that a lot?

[crouch]

22 minutes ago, zugzwang said:

£200bn in lost economic growth by the end of 2020.

Is that a lot?

I'm not sure where these figures come from.

UK GDP around £2000 bn

£130 bn loss in 3.5 years is not 3% but 6%

The loss amounts to £40 bn / annum = 2% ( but £70 bn in 2020?)

He says the economy would be 3% larger so £2000/0.97 = approx £2060 bn ie £60 bn larger

???

[yodigo]

3 hours ago, crouch said:

Is any part of the UK motor industry owned here? I'm sure there may be small parts but I would have thought that the vast majority is owned overseas and therefore there's always the possibility, Brexit or no, that it could be transferred abroad, although with marques like Rolls Royce and Bentley that might be difficult.

My partner knows people who've recently been made redundant from a Ford factory in Spain.

There's also a practice there of students on work experience being coerced into remaining on student contracts (E400 for a 40 hour week) illegally, when they should be on full time contracts.

So much for the much vaunted EU workers rights.