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Post by Fairsociety on Jun 23, 2023 17:08:15 GMT
View AttachmentI suppose it would be great for the minority of people who still believe Brexit was a good idea, if they could turn around today and claim a booming economy, great growth, low inflation, rising living standards and a truly United Kingdom. Oh well .... I guess they can dream Unfortunately, their dream always turns into everybody else's nightmare. Currency valuation alone is enough to send shivers down one's spine, but obviously, the the Defenders of the Cult will seek to normalise this issue -- minimise it even. The Sterling has not been able to recover from the Brexit-induced slump of 2016, making our imports all these years expensive. And the nightmarish thing is that, we are a net importer! According to Statista, the Pound was 1.42 to the Euro at the end of 2015. Then 1.19 at the end of 2016 -- the year that gave birth to this thing called Brexit! In 2019, before Covid, it was still below 1.20, at 1.17. In June 2023 it is 1.17. Ten years ago it was 1.21. Yeah as I was saying ... la la land
So while the pound is still slightly ahead of the euro, the recent decision to maintain the pound's quantitative easing levels meant it dropped from an even more favourable position. Yet, if you take a longer-term view, the pound has been stronger than the euro for a decent period of time.
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Post by Deleted on Jun 23, 2023 17:08:16 GMT
These polls are rigged to lead people to a desired result, which is why these corporate Left sites only publish them when it goes their way.
In reality many who voted leave are disappointed with the current Conservative government, which looks to be going through an internal sabotage whilst the corrupt civil service are working with Labour to overthrow democratically elected MPs. If you think back these same odious scumbags were trying to overturn the democratic result to leave the EU using the courts and foreign agitators.
Yes, we have problems at Westminster, but this is of no fault to those who voted Leave. The real question people should be asking is why the Westminster establishment continues in failing to represent the electorate. These are the questions that should be asked.
Oh, gawd! Now the polls are rigged. Is that it -- the polls are rigged??   Of course they are and full of leading questions to meet the desired result, as explained in my post. If we were thick enough to rely on EUphile Corporate Left pro-Biden media as a democracy then we would have never left. |
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Post by Pacifico on Jun 23, 2023 17:09:37 GMT
Someone who buys a car imported from France instead of one built in UK certainly replaces our own products. How daft do you have to be to not see that.. That's it? That's the extent of our imports -- cars imported from France? Seriously.... Who claimed that? - are you mad? If you believe imports dont crowd out UK production then you have absolutely no grasp of economics. |
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Post by zanygame on Jun 23, 2023 17:11:07 GMT
£340bn exports to the EU, £168bn exports to the USA. Compare to our exports before the referendum. Yes, there's no reason to complain. It worked. Would you care to compare? According to Statista our balance of trade with the Eu has grown from minus £8bn to minus £12bn. Is that good in your books? |
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Post by Pacifico on Jun 23, 2023 17:11:47 GMT
And they trust the EU more than their own government. How much higher do the polls have to climb before the Brexiters have to admit they no longer represent democracy. Hmm - the polls.... The polls are obviously wrong because nobody who answered that poll knows what circumstances would apply - they are basing their decision on what applied in 2015 not 2023. |
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Post by Pacifico on Jun 23, 2023 17:14:34 GMT
£340bn exports to the EU, £168bn exports to the USA. Compare to our exports before the referendum. Yes, there's no reason to complain. It worked. Would you care to compare? According to Statista our balance of trade with the Eu has grown from minus £8bn to minus £12bn. Is that good in your books? Does it matter? - our total trade balance has improved, who we sell to is irrelevant. If you are selling widgets it doesnt make a blind bit of difference if you ship them out to Turin or Timbukto |
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Post by Deleted on Jun 23, 2023 17:25:29 GMT
Would you care to compare? According to Statista our balance of trade with the Eu has grown from minus £8bn to minus £12bn. Is that good in your books? Does it matter? - our total trade balance has improved, who we sell to is irrelevant. If you are selling widgets it doesnt make a blind bit of difference if you ship them out to Turin or Timbukto It's typical of EUphiles to put the EU first, and so long as they do they will try and crap over the UK. |
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Post by zanygame on Jun 23, 2023 17:30:52 GMT
And they trust the EU more than their own government. How much higher do the polls have to climb before the Brexiters have to admit they no longer represent democracy. Hmm - the polls.... The polls are obviously wrong because nobody who answered that poll knows what circumstances would apply - they are basing their decision on what applied in 2015 not 2023. So the poll in 2016 was wrong? because nobody who answered that poll knows what circumstances would apply? Suits me, when do we cancel Brexit? |
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Post by Deleted on Jun 23, 2023 17:32:27 GMT
That's it? That's the extent of our imports -- cars imported from France? Seriously.... Who claimed that? - are you mad? If you believe imports dont crowd out UK production then you have absolutely no grasp of economics. You. That's your claim, isn't it -- that ALL our imports are replacement goods? And No, I'm not mad. |
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Post by Deleted on Jun 23, 2023 17:33:22 GMT
Hmm - the polls.... The polls are obviously wrong because nobody who answered that poll knows what circumstances would apply - they are basing their decision on what applied in 2015 not 2023. So the poll in 2016 was wrong? because nobody who answered that poll knows what circumstances would apply? Suits me, when do we cancel Brexit? We have already left. The mentally ill campaign you're looking for is rejoin with a shit deal. |
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Post by Pacifico on Jun 23, 2023 17:37:47 GMT
Hmm - the polls.... The polls are obviously wrong because nobody who answered that poll knows what circumstances would apply - they are basing their decision on what applied in 2015 not 2023. So the poll in 2016 was wrong? because nobody who answered that poll knows what circumstances would apply? Suits me, when do we cancel Brexit? How so? - we knew what rules were in the EU so we knew what we were leaving. |
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Post by Pacifico on Jun 23, 2023 17:38:32 GMT
Who claimed that? - are you mad? If you believe imports dont crowd out UK production then you have absolutely no grasp of economics. You. That's your claim, isn't it -- that ALL our imports are replacement goods? And No, I'm not mad. No - you are stark raving bonkers. Anyone who thinks that imports do not squeeze out domestic production is certifiable.. |
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Post by Deleted on Jun 23, 2023 17:44:59 GMT
Unfortunately, their dream always turns into everybody else's nightmare. Currency valuation alone is enough to send shivers down one's spine, but obviously, the the Defenders of the Cult will seek to normalise this issue -- minimise it even. The Sterling has not been able to recover from the Brexit-induced slump of 2016, making our imports all these years expensive. And the nightmarish thing is that, we are a net importer! According to Statista, the Pound was 1.42 to the Euro at the end of 2015. Then 1.19 at the end of 2016 -- the year that gave birth to this thing called Brexit! In 2019, before Covid, it was still below 1.20, at 1.17. In June 2023 it is 1.17. Ten years ago it was 1.21. Yeah as I was saying ... la la land
So while the pound is still slightly ahead of the euro, the recent decision to maintain the pound's quantitative easing levels meant it dropped from an even more favourable position. Yet, if you take a longer-term view, the pound has been stronger than the euro for a decent period of time.
The pound has always been stronger than the Euro. |
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Post by Deleted on Jun 23, 2023 17:51:33 GMT
You. That's your claim, isn't it -- that ALL our imports are replacement goods? And No, I'm not mad. No - you are stark raving bonkers. Anyone who thinks that imports do not squeeze out domestic production is certifiable.. Yes -- that's effectively what you're claiming. That ALL our imports are replacement goods to such extent that it is better make imports expensive -- to protect domestic products. That crazy idea shouldn't even occur to you if you want to be an economist. |
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Post by Deleted on Jun 23, 2023 18:10:52 GMT
Happy Birthday Brexit! ------------------------------------------------------------------------------------------ www.msn.com/en-gb/news/newslondon/brexit-an-economic-disaster-for-trade-between-uk-and-germany-say-economists/ar-AA1cS4XF?ocid=hpmsn&cvid=40cf181be0994e6eb5f547a705b2d8a1&ei=14Brexit an ‘economic disaster’ for trade between UK and Germany, say economists
Brexit has been an “economic disaster” for trade and investment ties between the United Kingdom and Germany, leading to a fall in German direct investment and seeing the UK decline in importance as a trading partner, German economists warned on Thursday. The damning assessment contrasts with the refusal of many ministers in the UK government to even acknowledge that Brexit has caused economic harm to the country. Last year, Germany exported goods worth 73.8 billion euros (£63.5 billion) to the UK, 14.1 per cent less than in 2016. The year of the referendum, the UK was Germany’s third most important export market, but by 2022 the country had slipped to eighth place, Mr Treier said. As a trading partner - measuring combined exports and imports - the UK has lost even more importance since then, dropping from fifth to eleventh place, he added. The volume of German direct investment in the UK has also declined. In 2021, it was around 140 billion euros (£121 billion), a decline of 16.1 per cent compared with 2016. Many British companies meanwhile have settled in Germany in recent years, with a slow haemorrhaging of jobs from the City across the Channel believed to be taking place. Germany Trade and Invest (GTAI), an organisation that helps international companies set up business in Germany, has counted more than 1,000 new businesses from the UK since the Brexit vote. Last year alone, there were 170 new businesses, a number surpassed only by companies from the US and Germany’s neighbour Switzerland. Germany’s size and central location are an advantage when it comes to attracting UK companies, he added. |
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