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Post by jonksy on Feb 11, 2023 4:29:56 GMT
Brexit Britain set for huge trade boost with two of world's fastest-growing economies. British businesses could be set for a massive multi-billion post-Brexit export boost with two of the world's fastest-growing economies. Both Malaysia and Chile have joined a prized pan-Pacific trading bloc which the UK will become a member of later this year.
It means UK firms will get better access and lower tariffs with both countries. The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is one of the world's largest free trade areas worth a staggering £9 trillion. Ministers say Britain will be at the "epicentre of global prosperity" when we sign up. Malaysia is one of the CPTPP members with which the UK does not currently have a bilateral free trade agreement. But ministers insist that the UK and Malaysia both joining CPTPP will greatly increase the UK's access to the Malaysian market and could boost the £2.9bn worth of exports we currently sell there annually. Chile was the first country to sign a trade deal with the UK after we left the EU which secured preferential access to each other's markets. The South American country remains one of the foremost champions of free and open trade in the Pacific region and is keen to deepen its trading relationship with the UK, which was already worth £1.5bn in 2021. Joining CPTPP will also provide opportunities for collaboration with Chile in areas such as fintech, green finance and cybersecurity, supporting innovation in the financial services sector. link
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Post by oracle75 on Feb 11, 2023 8:57:59 GMT
Why don't you read the links and charts you were given? www.compareyourcountry.org/tax-revenues proves we have a much lower tax take than typical European countries proves our mlitary budget isn't the lowest since WW2 IE they prove you were spouting bollocks FFS. It the lowest as a percentage of GDP!! Have you not been following the discussion??
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Post by Vinny on Feb 11, 2023 9:14:10 GMT
Lowest unemployment in decades, absolute freedom to decide our own internal legislation and taxes. Budgetary freedom. No Commission fascists controlling us.
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Post by Steve on Feb 11, 2023 10:37:07 GMT
Why don't you read the links and charts you were given? www.compareyourcountry.org/tax-revenues proves we have a much lower tax take than typical European countries proves our mlitary budget isn't the lowest since WW2 IE they prove you were spouting bollocks FFS. It the lowest as a percentage of GDP!! Have you not been following the discussion?? Intelligent people know that the word 'budget' you used refers to income and expense in money terms. Stupid people who realise they've been caught out posting a false statement try to shift the goalposts to pretend they referred to % of GDP.
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Post by Steve on Feb 11, 2023 10:40:11 GMT
So discounting the effect of Brexit, is the UK better off or worse off than the other countries...? The UK's economic trend in growth exactly mimics its performance after the GFC while it was a member of the EU. After 2008's GFC the UK's economy didn't return to pre-downturn size until 2013. www.ons.gov.uk/economy/grossdomesticproductgdp/articles/the2008recession10yearson/2018-04-30Just as it was then, the UK's economy is performing in the same way. Of course Brexit is discounted because when it was a member of the EU it demonstrated the same kind of trend. This could be for a number of reasons, like the fact it is primarily a service based economy, productivity is low too and a host of other reasons. Of course, both of the aforementioned reasons have absolutely nothing to do with Brexit. There is no ACTUAL evidence that Brexit is negatively impacting the economy. Hence, why some people only rely on graphs and macro-economic data to peddle their myth, along with hypothetical doppelganger modelling. They're clutching a rudimentary and rubbish junk to push a false and dishonest narrative - the con-artists. Actually (last two paragraphs aside) that's a fair argument but your last two paragraphs are to live in denial. There may be no proof but there is significant correlation and that very much is evidence that Brexit has harmed our trade, GDP and as a result, real incomes. And to return to the thread topic, there is very much no proof and bugger all evidence to suggest Brexit is anything to celebrate on its third birthday.
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Post by buccaneer on Feb 11, 2023 10:44:09 GMT
The UK's economic trend in growth exactly mimics its performance after the GFC while it was a member of the EU. After 2008's GFC the UK's economy didn't return to pre-downturn size until 2013. www.ons.gov.uk/economy/grossdomesticproductgdp/articles/the2008recession10yearson/2018-04-30Just as it was then, the UK's economy is performing in the same way. Of course Brexit is discounted because when it was a member of the EU it demonstrated the same kind of trend. This could be for a number of reasons, like the fact it is primarily a service based economy, productivity is low too and a host of other reasons. Of course, both of the aforementioned reasons have absolutely nothing to do with Brexit. There is no ACTUAL evidence that Brexit is negatively impacting the economy. Hence, why some people only rely on graphs and macro-economic data to peddle their myth, along with hypothetical doppelganger modelling. They're clutching a rudimentary and rubbish junk to push a false and dishonest narrative - the con-artists. Actually (last two paragraphs aside) that's a fair argument but your last two paragraphs are to live in denial. There may be no proof but there is significant correlation and that very much is evidence that Brexit has harmed our trade, GDP and as a result, real incomes. And to return to the thread topic, there is very much no proof and bugger all evidence to suggest Brexit is anything to celebrate on its third birthday. Rubbish. Until you've got adequate evidence that Brexit has caused a negative impact on the economy then your argument is speculation at best. Speculation that anyone can dismiss as agenda.
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Post by Steve on Feb 11, 2023 10:49:05 GMT
You've had the evidence, do you need correlation explained to you?
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Post by buccaneer on Feb 11, 2023 10:53:00 GMT
But you have no proof. Jog on until you do.
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Post by Steve on Feb 11, 2023 11:00:58 GMT
I already agreed there's no proof but there is already evidence that is of concern. Anyone believing Brexit is a success to be celebrated on its third anniversary is seriously going
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Post by oracle75 on Feb 11, 2023 11:32:56 GMT
FFS. It the lowest as a percentage of GDP!! Have you not been following the discussion?? Intelligent people know that the word 'budget' you used refers to income and expense in money terms. Stupid people who realise they've been caught out posting a false statement try to shift the goalposts to pretend they referred to % of GDP. I didn't introduce the word budget. It was clear to anyone who knows anything about economics knows what the difference between taxation and budget is. Clearly you don't.
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Post by Vinny on Feb 11, 2023 12:25:43 GMT
We're teetering on the brink of a global recession.
When that happens, you'll blame Brexit for a global recession. And you'll look even sillier as many countries in the EU will be in recession.
But one of the tools we will have at our disposal, unavailable to EU members, is state aid. I hope we don't need to use it, but recessions are a natural part of the economic cycle.
I'm glad not to be in the EU.
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Post by jonksy on Feb 11, 2023 13:53:50 GMT
I already agreed there's no proof but there is already evidence that is of concern. Anyone believing Brexit is a success to be celebrated on its third anniversary is seriously going We are about to join a huge trading bloc that makes your beloved EUSSR look like a fucking sweetshop..
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Post by Einhorn on Feb 11, 2023 14:46:49 GMT
We're teetering on the brink of a global recession. When that happens, you'll blame Brexit for a global recession. And you'll look even sillier as many countries in the EU will be in recession. But one of the tools we will have at our disposal, unavailable to EU members, is state aid. I hope we don't need to use it, but recessions are a natural part of the economic cycle. I'm glad not to be in the EU. So will the EU member states: Aid to remedy a serious disturbance to an economy: under Article 107(3)(b) TFEU a Member State is allowed to grant emergency aid in order to remedy a "serious disturbance in the economy of a Member State".
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Post by Steve on Feb 11, 2023 15:16:06 GMT
Intelligent people know that the word 'budget' you used refers to income and expense in money terms. Stupid people who realise they've been caught out posting a false statement try to shift the goalposts to pretend they referred to % of GDP. I didn't introduce the word budget. It was clear to anyone who knows anything about economics knows what the difference between taxation and budget is. Clearly you don't. Big fat lie ^ See highlight below. This is the kind of dumbed down barn door junk put out by trained journalists to reinforce the previous dumbed down junk they seem to be able to impress their cannon fodder with. Just exactly WHAT is the EU frightened of in competition? Just 5his week the UK couldn't sustain a multimillion battery production company and had to sell it to Australia. It seems no one in the EU thought it was worth investing in. The heart of the UK's financial control has been ripped out by Brexit and banks and other institutions had to open branches in the EU...including Moggie. Corruption, changes in PM's, the Truss fiasco and the instability in the public sector pay disputes has encouraged the EU to avoid the UK. Just the standards of water used as sewage runoffs into rivrrs and coastal beaches would be enough to make any European tourist avoid the UK since in the EU, such envoronmental behaviour is illegal. The threat of the UK pulling away from EU quality standards and workers rights, and whispers of its leaving the ECHR makes the UK look like a rogue state under the kind of leadership you see in the third world. It can't successfully launch comms satellites which the EU has been doing for years. The military is having to operate on the smallest budget since the war. The post covid growth in the UK is the slowest in Europe and the country pays the highest taxes, and still can't pay its public sector. Now stretch that awareness of yours and tell us exactly what competition the EU is worried about.
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Post by Steve on Feb 11, 2023 15:17:05 GMT
I already agreed there's no proof but there is already evidence that is of concern. Anyone believing Brexit is a success to be celebrated on its third anniversary is seriously going We are about to join a huge trading bloc that makes your beloved EUSSR look like a fucking sweetshop.. Still suffering those delusions Jonksy? Best you lay off the acid
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