Brexit

Discussion in 'Politics' started by BlackBillBlake, Feb 19, 2016.

  1. Balbus

    Balbus Senior Member

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    Mal

    And he got a good deal but that was wrecked by the purist Eurosceptic right wing in his own party and the media, who just wanted leave.

    Again please explain to me why you want to leave, don’t call me fucking stupid for not just getting at it and don’t just repeat slogans.

    Please lay out a clear, coherent and rational argument as to why you want to leave and let discuss the subject in a open and honest way.
     
  2. mallyboppa

    mallyboppa Senior Member

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    I cant honestly be arsed because you counter everything with made up figures
    The EU, taken as a whole is the UK's largest trading partner. In 2017, UK exports to the EU were £274 billion (44% of all UK exports). UK imports from the EU were £341 billion (53% of all UK imports).30 Nov 2018

    Where is this 10% you speak of ?


    HERE IS YOUR WORDS !
    As said the EU supposedly exports about 10% to the UK but the UK export 44% to the EU – if we just stopped trading with them we take a much bigger hit than they do. And given scales they are in a much better position to survive such a economic shock than we are.

    I dont want to be part of a EU superstate How can I be clearer than that (you just don't listen do you ? ) All your bullshit and made up shit in the world isn't going to have any influence on me so why punish yourself ??
     
  3. mallyboppa

    mallyboppa Senior Member

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    So America and mexico should do the same ? Your country is still fighting a war with itself mate you don't need to advise Europe
     
    morrow likes this.
  4. Boozercruiser

    Boozercruiser Kenny Lifetime Supporter

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    Hear Hear!
     
  5. Balbus

    Balbus Senior Member

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    Mal

    About 8% of the EU’s goods and services exports to EU and non-EU countries went to the UK in 2016.

    I have heard figure that are as high as 18% and I’m fine with that also it still means the UK take the bigger hit.

    Yes I know what you don’t want

    The question is why don’t you want it – have you any rational reasons for not wanting it and can you explain how the UK is going to be better off as not part of the EU?
     
  6. mallyboppa

    mallyboppa Senior Member

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    Why don't you tell me Why you said this ?

    As said the EU supposedly exports about 10% to the UK but the UK export 44% to the EU – if we just stopped trading with them we take a much bigger hit than they do. And given scales they are in a much better position to survive such a economic shock than we are.

    When its clearly a lie ! just answer me don't keep editing it out or changing the subject
     
  7. Balbus

    Balbus Senior Member

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    Mal

    Furthermore a united European economic and political bloc strengthens all nations involved.

    LOL they already are it was called The North American Free Trade Agreement it is now called the US-Mexico-Canada Agreement. It’s about forming a trading bloc.

    Thing is that it not as good at the EU which is more comprehensive and more democratic.
     
  8. mallyboppa

    mallyboppa Senior Member

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    I was happy with the Common market ! not a superstate ( or are you suggesting thats what the US Canada Mexico is going to turn into ? )
     
  9. soulcompromise

    soulcompromise Member Lifetime Supporter

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    People have an emotional response to foreigners. I see this firsthand with the massive influx of foreign nationals that travel to the outlet mall in Camarillo, CA when I shop there; which is frequently. It's like the fucking Star Wars cantina! But it's not a big adjustment to get used to it. If I worked there I can see maybe getting stressed out. These are all tourists. Immigrants are less of an issue if you ask me because they sort of naturally - albeit slowly perhaps - assimilate on their own.

    I don't think you have to remove yourself from the EU to make adjustments to your policies on immigration, do you?

    I don't agree with leave because it seems nationalist, but I'm an American through and through. Anyone who wants to fault me for that is welcome to. :)

    I don't know very much about Britain or its Parliament, but I think that the 'leave' is a knee-jerk response to an emotion you experience from tourism. It's part of being the hub. You just get used to all these unfamiliar people milling about.
     
  10. Balbus

    Balbus Senior Member

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    Mal

    Wow calm down man

    Why is it a lie? What have I edited out?

    To repeat

    About 8% of the EU’s goods and services exports to EU and non-EU countries went to the UK in 2016.

    I have heard figure that are as high as 18% and I’m fine with that also it still means the UK take the bigger hit.

    We are talking about a whole here – 27 countries compared to one it bring it down when spread around.
     
  11. mallyboppa

    mallyboppa Senior Member

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    To repeat ! We import more from the EU than we export You quoted it the other way round You sait 10% to 40% Yes or No ?
     
  12. Balbus

    Balbus Senior Member

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    Mal

    I don’t know where the North American trading bloc is headed.

    “The "Common market" usually refers to the European Economic Community (EEC) was created with the Treaty of Rome (1957). It was already established that the common market was the first step towards a single market. And countries joining it knew that. Any while the common market was launched in 1957, the realization of a single market was only achieved in 1992-1993. The creation of a single market requires the free movement of goods, people, capital and services
     
  13. mallyboppa

    mallyboppa Senior Member

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    Yes is the answer to your Question !
     
  14. Balbus

    Balbus Senior Member

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    Mal

    NO - I’ll try and explain

    The UK as a single country exports some 40% of goods and services to the EU it is its biggest trading area.

    Now take the EU as a group excluding the UK, the EU exports only 8-18% to the UK of ALL the things it exports outside and inside itself.

    If tomorrow the EU and UK split the EU would only lose as a group 8-18% of the things it exports while the UK would lose some 40%.

    You are right we have a trade deficit with the EU but what the EU exports to us is only a small amount as what it exports as a grouping.

    [edit] Imagine you have a company and you supply things to 20 shops, well imagine on day one of the shops burns down well its bad but you still have 19 shops giving you income – But for the people that owned the burnt down shop it is a lot worse.
     
    Last edited: May 30, 2019
  15. mallyboppa

    mallyboppa Senior Member

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    But you are counting the EU as a Group or Single Countries ? You cant have it Both ways
    We import ( From the EU ) 341 Billion
    We export (To the EU ) 274 Billion

    How is that 10% to 40% which were the figures you quoted to prove your point
     
  16. Balbus

    Balbus Senior Member

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    Mal

    Sorry man but I don’t understand what you are going on about of course I’m talking about the EU as a group excluding the UK.

    I’m doing that because they will still be the EU we will be the ones outside, they don’t get as badly hit as a group as we do on our own.
     
  17. mallyboppa

    mallyboppa Senior Member

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    And I dont know what your going on about with your 10 to 40%
     
  18. Balbus

    Balbus Senior Member

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    Mal

    Did you read this?

    The UK as a single country exports some 40% of goods and services to the EU it is its biggest trading area.

    Now take the EU as a group excluding the UK, the EU exports only 8-18% to the UK of ALL the things it exports outside and inside itself.

    If tomorrow the EU and UK split the EU would only lose as a group 8-18% of the things it exports while the UK would lose some 40%.

    You are right we have a trade deficit with the EU but what the EU exports to us is only a small amount as what it exports as a grouping.

    [edit] Imagine you have a company and you supply things to 20 shops, well imagine on day one of the shops burns down well its bad but you still have 19 shops giving you income – But for the people that owned the burnt down shop it is a lot worse.
     
    Last edited: May 30, 2019
  19. mallyboppa

    mallyboppa Senior Member

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    I know what you said ! Not going to quote it again Its there for all to see
     
    guerillabedlam likes this.
  20. Balbus

    Balbus Senior Member

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    Ok i'll try and put it another way to highlight the same point as I posted in an ealier peice.

    A study has been made on what the consequences of a hard Brexit would likely have on each EU countries GDP.

    The country that loses the most in terms of GDP, around 1%, is Ireland. This is expected given its geographic proximity, common language and historical ties with the UK. The second largest decline in GDP from a no-deal Brexit is observed for Cyprus, at around 0.2% of its GDP. This result is surprising to some extent given the distance of Cyprus from the UK. But it could be explained by common institutions (Cyprus was a colony of the UK until 1960) as well as the close historical and business ties between the two islands.

    After Ireland and Cyprus, the vast majority of EU countries will face a decline of their GDP from 0.18% (Spain) to just below 0.1% (Croatia). And the last group of EU countries, from Central and Eastern Europe, will have among the lowest decline in GDP. Hungary with 0.08% and Austria with 0.03% of GDP.

    It is interesting to note that the four biggest EU27 countries will face a small drop in their GDP in the case of a No Deal Brexit scenario. Germany faces a 0.16% drop; France, 0.17%; Italy, 0.14%, and Spain, 0.18%.

    Hence, the overall effect on the EU27 will be a fairly small decline in their combined GDP – a weighted average of 0.17%.

    In comparison, we find that a no-deal Brexit will reduce the UK’s GDP by a staggering 5.8% of GDP.

    These results can easily be understood when we consider the fact that each individual EU country trades much more with the rest of the EU as a whole than just the UK.

    [my bold]

    Agelos Delis - Lecturer in Economics, Aston University

    Karen Jackson -Senior Lecturer in Economics, University of Westminster

    Oleksandr Shepotylo - Lecturer in Economics, Aston University
     
    Last edited: May 30, 2019
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