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Post by Pacifico on Jun 16, 2023 7:39:54 GMT
Yes - but our balance of trade has actually improved since 2016 - from £-3,600 Billion to £-2,800. If it keeps improving like this we will be a net export nation again...
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Post by oracle75 on Jun 16, 2023 9:36:48 GMT
I hope it has improved in 7 years. The question is always " in comparison to everyone else's and using the same tool to measure it.
I am truly fed up with tabloid like headlines with corkscrew incomplete and baseless "news". It is the same garbage that fooled far too many people in 2016 and who are now regretting it.
I only hope they are learning to ask the right questions and do their own reseach. And think past the headlines.
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Post by Deleted on Jun 16, 2023 10:29:50 GMT
Poverty in Germany. Poverty in Britain. More reason to band together and grow the economy. Not really. We spent forty years propping up the basket case areas of te EU Superstate, the last thing we need is t o be robbed blind again There is that victim mentality; but the unsentimental, unidealistic, realpolitik-based view is that our net contributions to the EU budget were an investment rather than money stolen. I do not subscribe to this idea that we were robbed blind by the EU. We weren't robbed at all. We knew what we were doing and the return were were getting. In financial services alone, I dare say that the UK would most likely not have been able to grow its economy to the same level without equivalence, convergence and alignment with the EU. As to propping up the economy of poor countries; the generally accepted notion is that countries like the UK need to promote global prosperity to enable poor countries to be prosperous enough to buy what wealthy countries sell and so that their citizens wouldn't feel the need to migrate elsewhere for better economic life. The FCOD doesn't function out of altruism for this reason.
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Post by Deleted on Jun 16, 2023 10:45:56 GMT
None of our problems are caused by Brexit. And the less we have to do with the EU the better. They were always a millstone. The massive problems we were having with the Northern Ireland situation were all Brexit related. The solution was to maintain close relationship with the EU. Femi did not light Reesmug's bonfire of EU laws. She said she wasn't an arsonist so she'd keep the laws and stay connected with the EU.
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Post by Paulus de B on Jun 16, 2023 11:57:20 GMT
The UK could have regained its independence and enjoyed access to the European market by remaining in the EEA. I wonder whether it's still do-able by means of an application to rejoin EFTA, or whether the EU would be able to prevent that.
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Post by Deleted on Jun 16, 2023 12:20:18 GMT
The UK could have regained its independence and enjoyed access to the European market by remaining in the EEA. I wonder whether it's still do-able by means of an application to rejoin EFTA, or whether the EU would be able to prevent that. The reference to regaining independence is emotive and highly arguable. In any case, EFTA countries are not part of the EU Customs Union but part of the EU Single Market so they have to make financial contributions to EU's level-up programmes and other schemes in which EFTA countries would like to participate. On top of having to contribute, being in the Single Market entails agreeing to the dreaded FOM. More than the financial contribution itself, it would seem that FOM is the ultimate anathema to Brexit Britain, so joining the EFTA is not a question of whether the EU would agree but an issue of whether the UK would consider.
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Post by Vinny on Jun 16, 2023 12:45:03 GMT
We're selling more to the EU now than we were when we were members, why would we want to go back to a substandard arrangement, just to please a few bad losers?
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Post by oracle75 on Jun 16, 2023 17:59:09 GMT
We're selling more to the EU now than we were when we were members, why would we want to go back to a substandard arrangement, just to please a few bad losers? No you are not. You are selling bigger numbers caused by inflation of the cost of imports you need to make things to export. One of the biggest is the big rise in oil which the UK refines and sells. You arent selling more. Though i doubt that Vinny can understand the issues involved in global inflation, caused to a large extent by Russia which has reduced the supply side of energy and fundamental grain. Vinny should not be let loose in any discussion of issues to do with the economy. He finds something that pleases him and stops whatever thinking he is capable of.
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Post by Vinny on Jun 16, 2023 20:48:02 GMT
Back when we were members, the losing side didn't want a referendum on membership to begin with, and then they didn't want a debate on how to leave, they did everything they could to try and stop us leaving instead.
As a result, they forfeited any opportunity to discuss the EFTA + EEA option.
But, worth remembering, Labour who proposed the Customs Union, were soundly defeated in 2017. The Customs Union option has already been democratically rejected.
We don't want it. It would mean the end of our independent free trade agreements (which are working nicely btw).
And this country doesn't listen to bad loser fascists.
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Post by oracle75 on Jun 16, 2023 21:22:35 GMT
They arent YOUR independent free trade agreements. They were negotiated and signed by the EU. Now you arent a member, they should not be executed by you.
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Post by Vinny on Jun 16, 2023 21:46:58 GMT
If that was aimed at me, you're still on ignore. Your childish tantrums are not worth bothering with.
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Post by buccaneer on Jun 17, 2023 0:15:10 GMT
None of our problems are caused by Brexit. And the less we have to do with the EU the better. They were always a millstone. The massive problems we were having with the Northern Ireland situation were all Brexit related. The solution was to maintain close relationship with the EU. Femi did not light Reesmug's bonfire of EU laws. She said she wasn't an arsonist so she'd keep the laws and stay connected with the EU. I think you're referring to Kemi Badenoch not Femi Oluwole. What Kemi has done may well be practical. What Mogg and others were justifiably concerned with is that retaining these laws would make is simpler and easier to rejoin the EU. As long as the UK follow Ireland's independence example: it was in no rush do de-Anglicise its statue books, then the UK doesn't have to worry about de-Europeanising UK statue books in any hurry either. The only issue remaining is that there is little to no trust in those who want to retain EU law as a means to fastrack the UK back under EU control again. I don't believe Kemi is doing it for underhanded reasons; I think she is a little more prudent in her way of working.
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Post by buccaneer on Jun 17, 2023 0:20:16 GMT
They arent YOUR independent free trade agreements. They were negotiated and signed by the EU. Now you arent a member, they should not be executed by you. But they are our independent free trade agreements now, and we can and will tweak them further - like we did with Japan. They are ours now. Get over it. If you have a problem with that write a letter to Barnier or ze Commission.
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Post by Pacifico on Jun 17, 2023 6:32:34 GMT
Interesting article on Brexit by the senior economist at France's largest bank. Some reality coming to the fore amongst all the angst and hurt. If even French banks are admitting that Brexit was not the disaster some had hoped and claimed then there is progress.. "It is generally assumed that Brexit has made the United Kingdom less attractive economically. However, data on the balance of payments and foreign workers reveal that it’s not as simple as that.
These comparisons suggest that Brexit did have a negative impact on the UK economy during the post-referendum period of uncertainty. But this period ended once actual Brexit details had been ironed out. Once a stable post-Brexit framework had been established, the UK got a boost, as direct investments and arrivals of foreign workers from countries outside the European Union (EU) made up the ground lost."
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Post by oracle75 on Jun 17, 2023 7:19:42 GMT
They arent YOUR independent free trade agreements. They were negotiated and signed by the EU. Now you arent a member, they should not be executed by you. But they are our independent free trade agreements now, and we can and will tweak them further - like we did with Japan. They are ours now. Get over it. If you have a problem with that write a letter to Barnier or ze Commission. Your fabulous free trade(s) are worth, if fully used, .08% of UK GDP. And Australia is laughing at you. Let's not forget it was negotiated by that economic genius Truss. As i said i am fed up with brexitears'clutching at whatever straw they can find they can find. You sound like those migrants in a sinking boat clinging onto whatever they can find, thinking "well i still have this piece of rubber to hold onto. And if i can't, i can imagine one or pretend it is bigger than it is." Japan has been seriously investing in the UK for a quarter of a century, building vehicles. Japan has been withdrawing production and is now shutting factories in the UK. www.neweurope.eu/article/honda-becomes-second-japanese-auto-company-to-cut-manufacturing-in-uk/www.business-live.co.uk/enterprise/nissan-stop-sunderland-cylinder-head-24831545You can hsve as many trade deals as you want. If busulinesses dont use them because the economics dont make a profit, they are worthless. This is what i mean by debating headlines. It is poor superficial, selective and tediously repetitive. So take another tour of your bowl, Bubbles.
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