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Cliff Edge anyone?

(1001 Posts)
whitewave Fri 30-Jun-17 07:31:33

This term gets bandied about in relation to Brexit without any of the consequences attached to it.

I have just done some research/ reading and thought it was time we all had the opportunity to discuss what exactly a "cliff edge Brexit" means and whether it can be taken seriously as a "no deal is better than a bad deal" deal.

So talks have failed and our government decides to go it alone.

It is day one of Britains great adventure

We have no trade deals with the EU or the rest of the world.
The economy goes into recession
We now have in front of us several years of negotiating trade deals both with our potentially biggest customer -Europe and the rest of the World.
Countries like Argentina and others that bear a grudge will block any dealings with the WTO.
Getting exports to Europe will become an absolute nightmare, as even if we have successfully arranged our borders for a post Brexit scenario, Europe has only just begun to get their border controls in place for the flow of goods to and from the UK.
The SE becomes a huge lorry park as good stand waiting to be processed. There is a potential for shortages to occur- particularly in relation to food, as there is only one port in Europe that is set up to deal with this commodity, and that is not yet functioning.
Issues like "country of origin" causes complete chaos for business and everything becomes a bureaucratic nightmare.
Flights are delayed/cancelled until the UK can do its own deals with regard to flight rights.
And of course as we have read only recently, nuclear material will dry up, threatening cancer and other treatment.

References are available on request????

Welshwife Mon 10-Jul-17 21:53:57

Do you mean the Eurotom plans or all of them WW ?

whitewave Mon 10-Jul-17 21:29:08

I thought that the plans were not going to be good enough for the EU to trade with us?

durhamjen Mon 10-Jul-17 21:27:17

I was surprised how low that was.
I think they mean direct jobs. There are a lot of indirect jobs relying on them in the car industry in particular.

Here's another reason to be worried about Brexit.

www.theguardian.com/politics/2017/jul/10/brexit-pm-making-plans-to-replicate-membership-of-atomic-energy-group-euratom

Welshwife Mon 10-Jul-17 21:18:56

Well that is interestingJen - it looks to me as if they are saying to continue with the manufacture and trade as now they need nothing to change and have the free movement of people to fulfill any positions they have. There are lots of skill shortages in the automotive industry - DS works in the industry and gets several approaches every week from other companies - several of the Japanese ones too. He is in USA and has no interest in moving as the children are still in Education and by the time the youngest is finished he will not be far off retiring!

Will be interesting to see if that document has any effect but in the end 440 00 jobs is not that vast in the scale of numbers in the whole EU - although a very useful amount of employment - and certainly a proportion in UK not to be sneezed at!

durhamjen Mon 10-Jul-17 20:19:42

This is what I have been reading, Welshwife.

www.mofa.go.jp/files/000185466.pdf

Welshwife Mon 10-Jul-17 20:12:16

Have they actually got a trade agreement with the EU now? The original reason for building the factories in UK was the access to the EU.

Will be interesting if they don't get an agreement signed - what would be the position of the U.K. Factories?

whitewave Mon 10-Jul-17 19:41:18

They seem to be assuming that their companies who at present supply440k jobs if i am remembering correctly will move to the EU if the single market goes

durhamjen Mon 10-Jul-17 19:38:12

With a very long list of what they want, too, from both the EU and the UK.
Very clever of them, in fact.

whitewave Mon 10-Jul-17 19:28:18

Yes there is reems of it. They are very critical of the UK government.

durhamjen Mon 10-Jul-17 19:25:54

The letter I saw was 15 pages long, whitewave. Very detailed.

durhamjen Mon 10-Jul-17 19:20:31

A lot of Japanese cars built in the UK. Japanese banks are moving to mainland EU.

whitewave Mon 10-Jul-17 16:22:25

Letter recieved from Japanese Foreign Affairs Minister over Brexit

Blimey!! The Japanese obviously think we are barking

Welshwife Mon 10-Jul-17 08:46:10

The EU proposals have been on the table for some time - so in fact she knew about them when she started saying - as long as the EU reciprocates - all a load of rubbish really as obviously she did not want to match their proposals.

whitewave Mon 10-Jul-17 08:09:25

So Guy Verhofstadt has said that until EU immigrants in the EU are sure of the same conditions as those U.K. Migrants will enjoy in EU countries, then MEPs will not vote for Mays proposition.

That sounds fair.

whitewave Mon 10-Jul-17 07:55:56

KPMG has been looking at the cost of Brexit, if there is a cliff edge break.

"Shoppers could be forgiven for over-looking the significant impact customs will have on prices they pay at the till"

Food prices will rise significantly.

Who will suffer most?

The poor of course and unfortunately those who voted Brexit.

daphnedill Sun 09-Jul-17 23:50:19

PS. I know somebody living in Uttlesford who is called Quintus (he was the fifth child). grin

daphnedill Sun 09-Jul-17 23:49:12

Jalima Uttlesford is very English, although we do have some non-English people here (mainly Scots, but we're quite tolerant and welcoming). We only have four towns (no cities), hardly any industry, lots of fields and trees, plenty of cricket teams and pubs with warm beer (mainly rip off gastro-pubs now). Apparently we're amongst the longest living and least obese districts in the country. It's a shame we don't have a police station or a hospital and our schools are creaking at the seams and the roads can't cope with the incomers. We do have Stansted Airport, so it's quite easy to escape if it gets too much.

daphnedill Sun 09-Jul-17 23:42:15

PS. Just Googled Rees Mogg's company, Somerset Capital Management. It describes itself as a specialist Global Emerging Markets investment management firm.

Oh the irony! I expect others remember the trolls bleating on about extreme globalism. One of the most high-profile Brexiters stands to make a lot of money from real globalisation, not just working togethe with European "globalists".

I actually think that gives Rees-Mogg a valid reason for Brexit. Of the two people I knew who intended to vote Leave, one was in a similar situation and what he said made sense, although he's softened his position a bit now, because he can see the effect it's having on the economy and real people.

Jalima1108 Sun 09-Jul-17 23:38:28

Sorry - I digress, I do like unusual names and that includes Uttlesford and Sixtus!

Jalima1108 Sun 09-Jul-17 23:37:22

Udel's Ford - who was Udel?

Jalima1108 Sun 09-Jul-17 23:34:27

Uttlesford - that sounds so very English.

Where else could there be somewhere called Uttlesford grin
Surely nowhere else?

daphnedill Sun 09-Jul-17 23:33:11

Rees-Mogg is likely to make money from Brexit, because there's renewed interest in emerging economies in Africa and South America.

daphnedill Sun 09-Jul-17 23:29:46

There was a call a few months ago for Uttlesford District Council (in North West Essex) to transfer itself from Essex and move to Cambridgeshire. We're fed up of the pen pushers in Chelmsford forgetting we exist and South Cambridgeshire is more similar than most of Essex. Cambridge is nearer for most of us anyway.

petra Sun 09-Jul-17 22:02:30

And now we could have Hexit.
Havering council are voting on Wednesday to take back control from City Hall.
They claim that the Greater London council is acting like a mini eu. Love it. O

whitewave Sun 09-Jul-17 21:43:44

This thread is about remaining * petra* are you on the right thread?

jalima I take your point of course, but RM is in a very good position to make a huge amount of money from the market with the volatility that will be Brexit if it ever comes off.

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