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We BREXIT this month (hopefully) ?

(1001 Posts)
Urmstongran Fri 01-Mar-19 09:42:15

Any fellow Leavers who would like to use this thread to post GOOD NEWS (away from Remainer doom & gloom)?

How about this for starters:

Norway’s $1 trillion (£753 billion) sovereign wealth fund – among the world’s most respected investors – has just confirmed it will boost its UK holdings. “Over time, our UK allocation will increase,” said Yngve Slyngstad, the Norwegian Fund’s CEO. “With our 30-year-plus time horizon, current political discussions don’t change our view,” he added, reaffirming his commitment to Britain even in the case of a no-deal Brexit.
This kind of clear-sighted, grown-up analysis contrasts starkly with the endless doom-mongering we get from subsidy-hungry politicos at the CBI. It’s precisely because Britain will thrive after Brexit that we attracted record foreign direct investment last year, beating the US, with only China attracting more. Even British start-ups raised almost £8  billion in venture capital during 2018 – some 70 per cent more than their French and German counterparts.
Boeing has opened its first manufacturing plant in Europe – in Sheffield. Technology-driven investment is piling in – not just to London but to Manchester and the North-East too. And, as Brexit-bashing stories about planes not flying are trumped by reality, investors from China to the Middle East are flocking to a country just judged by Forbes magazine as the “best place in the world to do business” for the second year in a row.
Yes, overseas investors are taking advantage of the weaker pound, which makes UK assets look attractive. But that’s how exchange rates work – which is why Europe’s monetary union is so crippling for many of its members.

Sorry for the long post but I’m not keen on links!

petra Mon 11-Mar-19 16:47:03

Joelsnan & Day6
Some great posts there, thank you.
Joelsnan
We have a lot in common with the messy divorce.

Greta Mon 11-Mar-19 16:45:30

* Joelsnan*:
^Would you therefore tell someone not to leave an abusive relationship because they didnt know what the future might be?
Talk someone out of emigrating because it might not work out^?...

But these would be decisions that would affect YOU. We are now deciding the future of a WHOLE nation.

andycameron69 Mon 11-Mar-19 16:45:25

another day nearer to WTO and Leave as we the majority of voters, voted for..

My excitement increases

Framilode Mon 11-Mar-19 16:43:40

As a remainer please don't tell me I'm not patriotic. There's a great deal of difference between patriotism and nationalism.

varian Mon 11-Mar-19 16:42:06

Banks, asset managers and insurers have already moved nearly £1 trillion of assets out of the UK and to other European countries ahead of Brexit, with more likely to be shifted in coming months, according to new research.

New Financial, a think tank, has identified more than 275 firms that have moved or are moving some of their business, staff, assets or legal entities from the UK to the EU in preparation for Brexit.

“This is not Project Fear; this has already happened,” says William Wright, the managing director of New Financial and one of the authors of the report. “It has been apparent to everyone in the City ever since the referendum that they needed to prepare for a hard Brexit. "

www.telegraph.co.uk/business/2019/03/11/new-research-lays-bare-900bn-city-brexodus/?li_source=LI&li_medium=li-recommendation-widget

I doubt whether most of us can even imagine £1 trillion (In the British system one billion is 1,000,000,000,000 and one trillion is 1,000,000,000,000,000,000 so one trillion is one million times one billion.) as we're not experts, but the people who have moved this money out of the UK are. As he says, this is not Project Fear, not a prediction. It has already happened because of brexit.

Labaik Mon 11-Mar-19 16:37:11

Whereas brexiters are quite happy to purchase a non existent boat in the hope that, when they need it, it will exist....#justsaying...

Day6 Mon 11-Mar-19 16:17:02

Oh, the headline to the excerpt I quoted above had this headline.

European exchange giant backs London despite Brexit

www.telegraph.co.uk/business/2019/03/11/european-exchange-giant-backs-london-despite-brexit/?li_source=LI&li_medium=li-recommendation-widget

Day6 Mon 11-Mar-19 16:15:18

"I've yet to see any empathy from a leave voter since their glorious result came through..."

But you see patriotism and a belief in the UK.

Remainers tend not to be patriotic. They see it as <sigh> an old fashioned or right wing trait and the UK incapable of surviving unless it continues to pour billions every year into the EU economy.

I have seen no faith in the UK from liberal Remainers.

OH - and more good news from investors who DO have faith in the UK to survive and prosper after Brexit

March 2019.

"The head of Europe's largest stock exchange group has backed London's future as a financial capital after Brexit, saying it would continue to invest in the UK.

Stephane Boujnah, chief executive of Euronext, which owns the Paris, Amsterdam, Lisbon and Brussels stock markets, said: “We have invested more in London since Brexit than before, because we buy quality assets wherever they are and recruit strong talent wherever they are.”

He said the pan-European exchange operator, which bought the Irish Stock Exchange last year, had increased its London workforce from 30 to 50 staff since the EU referendum and did not expect growth to stall after the UK leaves the bloc."

Keep the faith, as they say.

Day6 Mon 11-Mar-19 16:02:39

Good post Joelsnan

Remainers are risk-averse.

The sorts who'd go down with a sinking ship out of some sort of misplaced loyalty (better the extremely expensive devil we know) rather than lower the lifeboats and save all the passengers - who will survive this near miss.

They think a sinking ship can be patched up and the UK will be the welders.

Leavers take the lifeboat that is dangling there, and will face stormy seas rather than be sucked down to the bottom with the doomed EU vessel.

The UK survives. Other member states of the EU see us sailing away, waving goodbye and will follow our lead and jump into a lifeboat before long.

If we stay we will be bailing out the whole rotten ship for as long as it floats. Our taxpayers billions will keep it afloat, and we'll be stuck - as the big guys (5th largest economy in the world) - at the bottom of the boat, as the doomed SS Euro creaks and splits even more.

Labaik Mon 11-Mar-19 16:00:25

If it wasn't for Mark Carney we'd be in an even bigger mess than we are now....

Joelsnan Mon 11-Mar-19 15:52:26

Greta
There was no logic, understanding or even the slightest interest in finding out what was at stake, just a hugely inflated ego. I said some voters. Perhaps they tipped the balance
The majority of voters knew what they were voting for well before the vote was called. Why do you think an EU referendum had been promised by both governments since the Maastrich treaty (1992), this was not a new phenomena sprung on the nation from the blue. Those who choose to have a broader perspective have been waiting for this opportunity since then i.e. When what was basically a trading group (Common market) started the process towards Federalisation becoming the European Union.

Day6 Mon 11-Mar-19 15:43:35

If we were a football team the manager would have been given the boot.

Hmmm. And yet Remainer Mark Carney, Governor of the Bank of England, has spewed out prediction after prediction since the referendum, all of the "OMG, we are going to see hellish financial woes!!" and all of them, all of this Remainer's predictions have been WRONG.

If he is an expert, and let's face it, he has 'expert status' as GOTBofE, you do have to look at the shameful bias of every Remainer 'expert' who predicts armageddon after we leave the EU.

Brexit is the Remainers 'end of the world' scenario.

Joelsnan Mon 11-Mar-19 15:41:12

Ginny42
Interesting life perspective. Would you therefore tell someone not to leave an abusive relationship because they didnt know what the future might be?
Talk someone out of emigrating because it might not work out?
Stop someone having a serious operation because they might die.
I wouldn't, I would recognise the risk and ensure that risk is understood,
Should the abused wife stay?, should the couple with kids be prevented from looking for a better life, should the operation be stopped preventing any opportunity for recovery?
Even though we have a hugely disfunctional government, having all evidence in front of them. If the majority of them had rejected the invocation of article 50 and explained why I should imagine that the majority of those who voted Leave would have accepted the decision. However, they did not and the majority still support withdrawal. If the Brexit does fail they will be the first to lose their jobs, will be villified for eternity yet they still proceed with their conviction.
Had the UK not had pioneers and risk takers we would not have provided the rest of the world with many of the innovations we take for granted, travelled to uncharted parts of the world, been the facilitators of peace in two world wars. Using your philosophy we might just have emerged (cautiously) from the caves.

Greta Mon 11-Mar-19 14:58:58

Ginny42: How can any country vote itself into a 'we don't know what will happen' scenario; we don't even know how we'll be trading with other countries beyond the end of this month.

A country can do just that if they choose to ask people to give a yes/no vote on a very complex issue. Some of those voters were, and still are, of the opinion that just by being British we will work things out to our advantage. There seems to be a feeling that we possess some laudable characteristics that other nations lack. We must all have heard reasons like: ”We'll be all right, we always sort things out”, "We don't want no (sic) Europeans telling us what to do”, "We are a great nation” etc. There was no logic, understanding or even the slightest interest in finding out what was at stake, just a hugely inflated ego. I said some voters. Perhaps they tipped the balance.

Ginny42 Mon 11-Mar-19 14:14:11

Labaik, your summary should be on one of the posters displayed in cities and towns.

How can any country vote itself into a 'we don't know what will happen' scenario; we don't even know how we'll be trading with other countries beyond the end of this month. If we were a business we would have gone into liquidation ages ago. If we were a football team the manager would have been given the boot.

That just sums it up for me. How can anyone think it's alright not to know what's going to happen beyond the end of this month? I plan my shopping list with more care.

BlueBelle Mon 11-Mar-19 13:22:39

Labaik my feelings entirely talk about sleepwalking over the cliff edge and making sure you take everyone with you

petra Mon 11-Mar-19 13:14:25

Jim Fixx who 'invented' jogging died of a heart attack while out jogging. Just saying.

Joelsnan Mon 11-Mar-19 13:05:17

MaizieD
I certainly will, thanks.

Labaik Mon 11-Mar-19 13:04:21

aggie; I'm afraid leave voters don't give a damn about peoples jobs/holidays etc sad. I've yet to see any empathy from a leave voter since their glorious result came through...

Joelsnan Mon 11-Mar-19 13:03:51

varian
You proved my point.
Yes, that person you describe is likely to die from their issues (as we all are), but there can be no certainty of when and of what. There is only a % probability based on known facts at the time of examination. We all have instances of 'creaking gates' who go on seemingly forever and the 'fit as a butchers dog' folk who drop dead suddenly.
Brexiteers could claim that they hope to modify the long term prognosis of the UK by excising it from a necrosing entity now and saving it from a slow painful death.

Urmstongran Mon 11-Mar-19 12:04:32

Me neither.

crystaltipps Mon 11-Mar-19 11:59:17

I wouldn’t describe Jacob Tres Smugg as an expert.

Urmstongran Mon 11-Mar-19 11:54:00

And umpteen ‘other’ experts are reassuring us it won’t be catastrophic.

I suppose it comes down to which of the experts we choose to listen to varian.

MaizieD Mon 11-Mar-19 11:53:26

Brexit is an unknown.

You just keep on with that comforting thought, Joelsnan.

varian Mon 11-Mar-19 11:26:38

Doctors can tell you if you smoke 40 a day, never exercise, have very high blood pressure, eat junk food and are twenty stones overweight, you are far far more likely to die of a heart attack than a non- smoking healthy eater who likes exercise and watches their weight.

In the same way umpteen experts have warned us we should remain in the EU and a no deal brexit would be catastrophic.

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