The single market?

Bluecat but that would probably be because the corner shop didn't use workfare or phony apprenticeship schemes, didn't get preferential business rates, didn't underpay or delaypay its suppliers, and paid full taxes.
Costs aren't always direct.

Same here, bluecat. I sell stuff on EBay and could get better prices selling to the US and Canada, but the paperwork and import duties weren't worth the hassle, so I ended up only selling to the EU.

We had a small online business- a hobby, really- and selling stuff to US customers was a nightmare. Anywhere in Europe was easy. Can't imagine how difficult it is going to be. I think that "the single market" is a bit of a misnomer. It's not like being restricted to shopping at Tesco. It's more like having the big 5 supermarkets trading together, and us wandering off to the corner shop and being shocked by the prices.

POGS. I agree. At the worst we may suffer from some of the trading conditions that we have imposed on the developing world (for want of a better term) by being in a protectionist trading block. They usually break up eventually because protectionism backfires.

suzied probably not but South Africa does and it gets good reviews.

But we can't buy Italian without negotiating with the single market (and round it goes). I wonder if Albania make olive oil ...

Don't buy Greek Olive Oil Anya, Italian is the best.

www.londonstockexchange.com/exchange/prices-and-markets/stocks/indices/summary/summary-indices.html?index=UKX

Again interesting to look at the chart from I month to 5 year history.

What I am trying to do is admit the Brexit referendum has had an effect on the markets and it could all come crashing down around our ears Monday. I am not saying all is well, I have got frustrated with the 'many' posts that have virtually declared financial Armegeddon because of Brexit and which have not given any consideration to the markets outside the UK, taken any notice of previous rises and falls which should be taken into consideration.

FTSE250 expected to be negative over the next two quarters, POGS, from your ig.com link.
That's what's important now. That's what Brexit has caused, according to analysts. Of course, they are experts so may be wrong.

www.londonstockexchange.com/exchange/prices-and-markets/stocks/indices/summary/summary-indices.html?index=MCX

Worth looking at the FTSE 250 chart over the last month to 5 years

www.ig.com/uk/indices-news/2016/06/29/is-the-ftse-250_s-run-at-an-end--33072

While the FTSE100 has gone back up since Brexit, that contains mainly international companies.
The FTSE250 is the mainly British fund, and it is still down on pre-brexit numbers.

Who blames Brexit for all the financial ills? We know we had financial problems well before Brexit even became a word.

Elegran, PQE is different from QE. QE gives money to the banks, which do nothing useful with it.
PQE sets up its own bank and feeds into employment, housing and infrastructure. It can be controlled.

I know DD.

Japan, Sweden, Switzerland and Denmark also have negative Bond Yields.

I was responding to previous posts on the thread talking about QE and the German economy. I made no comment as to the for or against of using QE. My point is there are many posts that blame the Brexit referendum for all the financial ills but there are many other aspects that are worth remembering throughout Europe and the EU.

QE has the same eventual effect on the value of money, whoever is supposed to get the benefit of it. It is a remedy which should be taken as a last resort.

Overdosing could lead to ATM's having stocks of wheelbarrows beside them, in which customers can take home their modest withdrawals.

www.taxresearch.org.uk/Blog/2015/08/25/the-bank-of-englands-already-been-authorised-to-do-peoples-quantitative-easing/

Loads more where they come from, but I think you'll get the general gist.

www.taxresearch.org.uk/Blog/2015/11/09/qe-has-saved-the-government-47-billion-over-four-years-and-so-george-wants-to-give-25-billion-back-to-bankers/

Osborne has used QE ever since he became chancellor. He just doesn't tell people that's what it is. He uses it to help the banks, not for jobs, infrastructure and housing, which is what
PEOPLE's QE is.
There's a big difference between the two types of QE.

The part which wasn't true was in your previous post...

"Why is the fact the European Central Bank. (Euro currency) put into place Quantative Easing last year and it didn't raise an eye brow from those who are commentating re Brexit."

It did raise many eyebrows.

PS. Some Japanese bond yields have been negative for some time. It's not as bad as it sounds, because it means governments can borrow cheaply and can step in to correct market failure.

I don't agree that it's for political dogma. Turbulent markets cause grief all round, especially 'little people'. Germans know only too well what financial collapse can cause. It's almost within living memory when people had to be paid two or three times a day, because inflation was out of control and their grandmothers would have told them how they had to take a wheelbarrow of banknotes to pay for a loaf of bread.

National leaders and banks are trying to stop panic.

What I meant by the comment about Germany, was that Germany has a stronger economy than the UK, yet the leavers claimed that it is impossible to have a successful economy within the EU (obviously not true).

suzied

I don't think anybody doesn't know Germany has a strong economy. However do many people know that the German Bond Yield dropped to zero for the first time in history recently. There are financial instabilities throughout Europe and Brexit will be seen by those who elect to do so as the 'cause' but whilst it is not helping there has to be an understanding that all is not well in the EU which is adding up to financial insecurities on the markets.

uk.businessinsider.com/german-10-year-bund-yield-drops-below-zero-for-the-first-time-in-history-2016-6

I say again it is time for cool heads, sensible approach to Brexit for all the 28 countries in the EU and an acceptance that to calm the markets it requires a 'tone' of conciliatory negotiations between the EU and the UK. Anything else damages us all and what for, political dogma.

DD

What is not true in my post?.

I gave facts discussing QE in the Euro Currency area and pointed out the concerns that are being raised re the 'possibility' of the UK raising QE hasn't been a concern for the ECB (Euro currency).

QE and what economists spout is neither here nor there , they can't even agree between themselves. I did not make a personal comment re the for or against of Quantative Easing. I was making a point re the factual state of what is happening in the Euro Currency area and what is happening in the UK.

Ok Germany is in the EU' and has a stronger economy than the UK.

Greece, Spain, Portugal, Italy, Romania, etc are in the EU' and ......???

EU and the Euro - sorry