Brexit4

We've had 'the war' and now the 'Spanish inquisition' this thread is turning into Monty Python.

Oh good can I join in as I am waiting for posts to be answered too.

durhamjen
Mon 17-Oct-16 13:39:35
Anyone else read Boris's final paragraph that was apparently missed off the article?

"OK, so it's best for the country to remain. And the remainers are set to win. But if I support Brexit and they narrowly lose I will get great publicity. And if, which I doubt, Brexit win, then I could get a job to implement it! Even as Foreign Secretary. Worse for the country, but win, win, win for me."

POGS Mon 17-Oct-16 17:07:46
durhamjen 13.39

I can't find the article you are discussing.

It sounds profoundly made, a spoof in fact up so can you provide a link for viewing please.

I have asked granjura 3 separate times the same question with regard to the Swiss Referendum since Sunday but so far I have not noticed a reply to specific questions.

Just thought I would ask seeing as there is a mood for telling posters they have to reply as I was interested to know what more information from both durhamjen and granjura.

Good for the goose and all that.

Were you reading the newspaper, POGS, or just online?
It was in the newspaper. I copied the paragraph from that.

Sorry, but it was taken for recycling today. Otherwise I could tell you who wrote it.

POGS, I've been waiting for months for answers to questions about what people thought was so good about leaving the EU. I thought it was quite a straightforward question and would be simple enough to answer, but apparently not. If one wades through all the name-calling and childish insults, there is occasionally a glimmer of a rational argument. (sigh)

Riddles!

I wasn't reading any newspaper, I was reading your post which gave every impression it was written by Boris Johnson.

As for throwing out the newspaper or else you could 'tell me who wrote it' I think we can now all assume it was NOT written by Boris Johnson but you posted it to continue your apparent dislike of Johnson whilst giving the appearance Johnson wrote that sentence himself. I think you are far too smart not to find it if it were true.

I suppose I agree with your post 22.30. " So why make statements you can't support".

Thank you for replying .

daphnedil

Considering this is the 3rd flipping thread on Brexit that means there have been 3205 questions and replies. I have certainly seen that question answered but I have also seen it disregarded or challenged. I am not surprised posters don't want to repeat after repeat the same answers as it is the never ending circle.

I remember that question being asked way back on a ? thread, and I also remember replying in some detail, and no, I'm not prepared to repeat it.

POGS you posted before about the "flash crash" and the state of sterling. You told me that sterling had not fallen that sharply after the referendum result. DaphneDill responded with a graph showing the huge fall in the currency on the morning of June 24th and I posted an article with more detail and the personal information that the fall in the pound had cost us 300€ in our monthly transfer a few days later. Forgive me if I missed your response to that information.
That loss has been sustained in the months since the result; the pound improving slightly to news that a hard Brexit might be avoided and falling again when hard Brexit looks more likely.
We have always budgeted to allow for fluctuations in the currency and our spreadsheets reveal the implications of 20% loss of income over a sustained period. In short, we will manage as long as we cancel the visit to see our grandchildren in Spain this year.
I am not offering this information to ask for sympathy, but simply to make people aware of one example of the impact of the uncertainty and financial turbulence caused by the Brexit vote. Some of our friends are fast becoming aware that they simple cannot sustain that level of financial loss coupled with uncertainties about health cover and rights to residence.
Please don't anyone tell me to cheer up and look on the bright side. That would just add insult to injury.

pogs

The ONS is definitely trying to play down the effect of Brexit, but they will find that they have few supporters in their conclusion except the Brexiters.

The fall in a currency will lead to price increases

Price increases will cause a rise in inflation

Most of our clothing is imported.

All petrol is imported. Oil is used in hundreds of products.

Food prices will definitely rise as a result of the fall in the value of sterling. Food inflation is one of the most damaging things to economic growth.

The pounds value has fallen because of the worlds worry over Brexit.

It is expected that inflation will have increased to 3% by early next year - to repeat myself. For every 10% fall in the value of a currency inflation is to be expected to rise by 2-3%

All this even though there has been unprecendated intervention by the Bank of England.
The poor will suffer the greatest. They will already see their income drop as a result of the Tory's freeze on welfare. This will at least double as a result of inflation.
The poorer paid will find their wages squeezed as companies try to save money to compensate for lower profit margins.

This is not talking the economy down, this is economic fact.

Pity you didn't ask POGS's question about the newspaper quote when she first asked it on Monday afternoon, durhamjen, before the paper went to be recycled.

It's quite obvious you hoped we'd believe Boris himself had written it.

Of course POGS would never be so rude as to demand that you reply.

'answer', not ask

So, does anyone else have a copy of Monday's i? (was it the Monday edition, dj?) It's not published on-line, is it?
Would the same article have been in the Independent? Which is on-line.

Well I asked nicely and politely Ana. Still waiting ... thanks.

I regret that you are going to have a long wait, granjura. You are so pro-EU that you think any crumbs tossed should be gratefully accepted, but fortunately not evryone feels that way.

I think it could be that Boris did write the article and that is what was published but the reporter who found it also had something to say about it. Boris it seems wrote two articles before deciding to back Brexit and of course in the political world there is always speculation about who wants which job.
Boris himself said it helped him decide which side to back --- most people write a pro and con list but he it seems writes articles which once he has decided can earn him money!

Headlines in my paper today.

The treasury and the LSE amongst others have circulated a report on the customs union, in which the government is warned that should it leave the union GDP will fall by 4.5.
If we decide to withdraw we will need to grow trade outside of the EU by 37% just to stand still.

In 1992 removal of customs control stimulated huge growth. Over half of exports go to the EU. Businesses involved are not at all certain that the government and Fox (Amigo 2) understands the implication of completely leaving the union and opting for wto

Ministers have been warned that they will have to put radical plans into place with regard to the ports and customs control, or the ports will be in danger of being totally clogged.

@POGS

I've been waiting since before the referendum. Was that the first thread?
The point is that nobody has ever answered and now the 'winners' resort to name calling and seeming very childish. Ah well!

I am way out of my depth on this thread and can only speak from my own experience running a small (Engineering/manufacturing) business.

We are first, second and third tier suppliers to at least two of the biggest manufacturers in our area. If either of these two decided to pull out of the UK (or even moved part of their production) then we, and hundreds of other small businesses like ourselves would be finished. I did vote to stay and feel solely disappointed that the vote did not go my way but given that it didn't I want the government to make the best of a bad job.

How they do this I haven't got a clue. Is the falling pound and inflation a lot to do with scaremongering and an almost a self fulfilling prophecy?

No Gillybob, I think it is because the markets see the negative impact of Brexit on the economy. (See my post of 0739 this morning, another one for POGS to answer!).
It is clear from the fluctuations in the exchange rate that they fear a hard Brexit and respond better to soft Brexit.

And the difference between a hard one and a soft one is what Mamie?

Oh dear I didn't realise how that must sound until I had pressed the POST button.

My favourite moment was when it fell while David Davis was speaking in the Commons and went back up again when he sat down.
I don't keep a close watch on the pound against the dollar which has been worse than the euro, but I do watch the pound / euro rate. Roughly speaking it declined after the referendum from about 1.30 to 1.19, then declined slowly to about 1.14 then fell again after the announcement to trigger Article 50 at the party conference, since when it has been about 1.10.

Soft Brexit = single market, similar to Norway and Switzerland. Hard Brexit out of single market, out of customs union, loss of passporting rights for the City, trade tariffs and WTO trading rules. Lengthy negotiations to set up new trade agreements. Very bad news for economy.

Ref Boris Johnson's article. The Evening Standard published what they claimed to be the full text on Sunday. I'm afraid that it doesn't have anything like the bit that dj quoted. I'm wondering if that was just the journalist's own interpretation of Johnson''s thinking?

Full text here

I couldn't find anything like the full text in the Independent on line, just interpretations of it.

Am I right in thinking that one of the biggest sticking points will be immigration? Which is probably one of the main reasons many of those who voted to leave did so?