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Brexit 3

(1001 Posts)
whitewave Wed 07-Sept-16 08:15:45

This could and probably will go on for yearsgrin

Just to note that as well as Japan putting down markers, Australia has advised that we will behind the EU in any trade negotiations.

nigglynellie Tue 11-Oct-16 11:23:39

I think JC was a closet 'leaver' Jalimer, not 'remainer' I'm sure this is what you meant to say!!! Your right though and the thought of the opposition being in power, never mind dealing with Brexit, makes strong men turn white!!!!

whitewave Tue 11-Oct-16 11:28:56

nellie yes but did you not vote to take back control?

My argument us not that Brexit won't happen, but that accepting it as read, then it must be done by taking the whole country with them -bearing in mind it was a marginal vote at best, you simply can't airbrush out the opinion of such a huge minority.

Jalima Tue 11-Oct-16 11:30:51

Oh flippin' 'eck Yes, I did!
I am going to try to make a coffee to stimulate my brain

Local wine producers employs Europeans at harvest time
Odd world, isn't it, DD and SIL employ British backpackers (amongst others) in the Antipodes. Very good they are too.

Jalima Tue 11-Oct-16 11:32:41

bearing in mind it was a marginal vote at best, you simply can't airbrush out the opinion of such a huge minority

Well, I think that is what is making it more difficult for the Government, but of course such as Hollande etc want to make it harder because they are frightened of the rise of the right-wing in their own countries.

whitewave Tue 11-Oct-16 11:58:40

Yes of course jalima that is true of France Spain Italy and Germany. Brexit will not be made easy, which is why it us so important to take parliament and the whole country with them in the final negotiations. It is also why in my opinion that the hard Brexiters realise the difficulties, and don't feel up to the complicated negotiations and thus are willing to throw everything to the wind, risking so much.

Welshwife Tue 11-Oct-16 12:03:12

MPs are supposed to be principled people * niggly* who do the best for both their constituents and for the country as a whole - they do not have to vote the way their constituents vote in such as a referendum - unless the law has changed and I missed it!

POGS Tue 11-Oct-16 12:05:26

I think 'if' there was a withdrawal of migrant labour as hoped then it would /could backfire as the question would/could/should be raised why we have any unemployment in the UK .

1. Are we a lazy nation
2. Is this proof wages are being held down by immigration .
3. Are we over reliant on immigrant work.

In other words if immigrant workers can make a successful life working in the UK doing those jobs why can't the British who are capable of working.

I am concerned by those who would happily use migrant workers to further their own politics and I am interested in finding out more about those who have organised a migrant day of action.

I for one hope migrants think twice about getting involved as this as I think it will be viewed differently by those who have no political leanings to those who do.

whitewave Tue 11-Oct-16 12:10:01

We need migrant workers full stop. Our economy will undoubtedly suffer if we haven't got a pool of migrant workers regardless of the unemployment levels in the U.K. We have what is considered full employment.

Anniebach Tue 11-Oct-16 12:21:04

Corbyn was always anti Europe , explains his lack of effort in the Brexit campaign

POGS Tue 11-Oct-16 12:23:28

As for the 66 billion pound comment this is not a new story is it.

This goes back to a draft Cabinet committee paper drawn up by George Osborne and the Treasury as far back as April this year , prior to the vote on the EU Referendum. It was part of the allegation of the 'Pro Fear' Campaign of which Osborne, The Times, The Treasury were obviously vociferous voices for the Remain Campaign.

I haven't a clue if the 'forecast' will prove to be correct, nobody does that's why it is called a forecast. It could be more than 66 billion or not, time will tell.

What I find interesting is the way the media in some quarters are making it sound like a current prediction.

I still hope the sterling 'flash crash' is down to either the 'fat finger' or 'algorithms' scenarios but sadly I think I may be hoping in vain.

Mamie Tue 11-Oct-16 12:29:12

I don't think the "flash crash" is the important bit Pogs. It is the sharp decline on the day after the vote, the steady decline since then and the second drop after hard Brexit was signalled at the party conference that matters. It was about 1.35 in January and is now 1.10.
The pound is now one of the world's worst performing currencies.

POGS Tue 11-Oct-16 13:06:08

Mamie

There was not a sharp decline after the Brexit vote, many were confounded as to their predictions not occurring straight after the announcement we were exiting the EU.

The point raised re the Party Conference and Theresa May's speech has to some minds a connection to the possible scenarios of the 'fat finger' / 'algorithyms' theory, alongside comments by Hollande. Another article by a certain newspaper and the timing of the 'flash crash' are also in the mix, that's what algorithms are all about and it wouldn't be the first nor last time they are /will be mentioned in connection to trading in currencies sadly.

daphnedill Tue 11-Oct-16 13:19:28

How was there NOT a sharp decline after 23rd June? The high point represents the couple of days before the referendum, when it was thought the UK would remain and the decline is what happened from the 24th June onwards.

Mamie Tue 11-Oct-16 13:23:16

Yes there was Pogs.
www.theguardian.com/business/2016/jun/23/british-pound-given-boost-by-projected-remain-win-in-eu-referendum
We had our normal transfer the week after and got about 300€ less than the month before.
The flash crash referred to the 6% drop in the middle of the night which was quickly regained; it then dropped again on the Monday as the news of the date for Brexit was released and the likelihood of hard Brexit sank in. Strangely enough that was the day of our monthly transfer too. sad

whitewave Tue 11-Oct-16 13:46:22

It isn't looking good is it? The pound relates to the UK domestic market and how the market sees its future. The UK has had a trade deficit for years certainly since Thatcher began the big sell off. Now we only seem to have a couple of entirely home grown companies, all the rest rely on imports. We could have used our oil money to build our sovereign wealth but oh no the decision was to give tax cuts to the wealthy.

Inflation will as ever hit the poor hardest, particularly as Osborne has frozen benefits. Tax receipts will fall as has been announced in this weeks newspapers -it matters little the exact amount, the point is that growth comes from tax receipts. Lower tax = lower growth.

Let's hope this government doesn't try to blame it on a scapegoat, which has been the habit in recent years.

daphnedill Tue 11-Oct-16 14:00:02

Ahem! I think we already have a couple of scapegoats in the firing line.

whitewave Tue 11-Oct-16 14:38:08

Oh yes them drafted "furreners"

whitewave Tue 11-Oct-16 14:47:33

Dratted!

daphnedill Tue 11-Oct-16 14:54:32

Yeah! It used to scroungers and skivers with feckless teenage mothers in reserve, but now the furreners take our jobs . Does that make the scroungers and skivers victims?

Ana Tue 11-Oct-16 14:59:26

No, because they wouldn't want the jobs anyway! grin

daphnedill Tue 11-Oct-16 15:10:56

So the furreners aren't taking 'our' jobs? Confused!

Ana Tue 11-Oct-16 15:21:11

Makes no difference to the so-called 'scroungers and skivers' anyway, does it?

rosesarered Tue 11-Oct-16 15:21:37

Everyone expects a level of concern over leaving the EU and how things will be managed to the UK's best interests, but what does amaze ( on here and on certain media outlets) is the Chicken Little syndrome so eagerly embraced by Remainers.
They are expecting/hoping that things will go badly and can hardly wait to tell you so!
It's done, we are leaving, and I really hope that some optimism will be found, that The UK will take a long hard look at itself and say 'you know what? We will make this work well, instead of gloomy head shaking, we will do things / make things/ do whatever is good for the UK and not worry about pleasing the Brussels bureaucrats.Train our own people, as well as bring in any skilled workers from anywhere in the world, make all our own policies, and generally be a better country.' Some of us will think like that already.

Ana Tue 11-Oct-16 15:28:30

Well said, roses!

(mind you don't get flattened in the rush to scoff...)

Mamie Tue 11-Oct-16 15:33:55

Thinking is all very well roses, it is the doing that counts.
The biggest single statistical difference between leave voters and remain voters was that remain voters are in work and leave voters are not. Therefore in broad terms, the remain voters have to deliver it.
It would therefore seem sensible to consider the kind of Brexit that is most in tune with what the people who have to deliver it actually need, rather than a hard Brexit, which will put immense strain on the economy.

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