Brexit - the economic and social impact

[Biggineagle]

Originally Posted by the drexciyan

It's always amusing how you excuse your idiocy by retrospectively pretending it was intended as trolling. Your stupidity in quoting the experts you denigrate to support your arguments is plain to see.

Oh shut up. No one gives a feck what you think, whereas you plainly do about what I think.

[Biggineagle]

European Court will have no influence over Britain after Brexit, Theresa May to pledge

"The European Court will have no influence over Britain after Brexit, Theresa May will pledge in a major speech next week. The Prime Minister will use a Brexit speech planned for Tuesday to declare that the UK will not be in the jurisdiction of the European Court of Justice from the moment it leaves the EU in 2019, sources said. Her vow will be a direct rebuke to EU leaders who have in recent days claimed that Britain will remain under the rule of the European courts for years after Brexit."

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And good riddance.

[fang]

Originally Posted by the drexciyan

Your stupidity in quoting the experts you denigrate to support your arguments is plain to see.

To be fair, he has in the past also quoted himself to support an argument he was making. Now that is stupid.

[Oisin]

Originally Posted by Biggineagle

European Court will have no influence over Britain after Brexit, Theresa May to pledge

"The European Court will have no influence over Britain after Brexit, Theresa May will pledge in a major speech next week. The Prime Minister will use a Brexit speech planned for Tuesday to declare that the UK will not be in the jurisdiction of the European Court of Justice from the moment it leaves the EU in 2019, sources said. Her vow will be a direct rebuke to EU leaders who have in recent days claimed that Britain will remain under the rule of the European courts for years after Brexit."

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And good riddance.

What ECJ judgments have annoyed you?

[mik59]

Originally Posted by Biggineagle

However, the former Citi economist said shifts in the labour market since the financial crisis suggested that pay growth was likely to remain "comfortably below" pre-crisis levels of around 4pc for the "next few years".

This bit is already occupying the minds of economists etc., as work is not paying for a growing group. It's a worry when combined with expected inflation and Bank rate rises, especially given the level of credit fuelled spending.

[mik59]

Originally Posted by Biggineagle

European Court will have no influence over Britain after Brexit, Theresa May to pledge

Then she's a fewl. How can she achieve this if we continue trading with the EU? Regardless of the formal relationship we use to do that, UK producers etc will need to have equivalence in various areas, so it is at least likely that we will passively update various laws etc in order to keep that equivalence.

Presently, UK courts must interpret EU-derived legislation in accordance with ECJ rulings and a body of UK case law has built up that does that. Even if Brexit means that the ECJ would no longer have jurisdiction and its future decisions would not be binding on UK courts, it seems likely that if the UK were to retain any laws originating from the EU (which is probable), the UK courts would still take account of future ECJ judgments as persuasive – albeit not binding – when ruling on those laws. In this case, the ECJ would continue to exert considerable influence.

[palacea]

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EU's chief Brexit negotiator Michel Barnier wants 'special relationship' with City of London

So Carney was right in what he said a little while ago, they need the city. As they have no alternative.

[rhino_mik]

It's an incredibly dumb and myopic view of our place in the world if someone voted Brexit because of EU influence on the UK. We have incredible influence on the EU and other countries around the world. Other countries and international organisations have influence on us. It's how we get along!

And now we want to isolate ourselves from the world because of the jingoistic notions of a few old farts.

[Biggineagle]

Originally Posted by palacea

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EU's chief Brexit negotiator Michel Barnier wants 'special relationship' with City of London

So Carney was right in what he said a little while ago, they need the city. As they have no alternative.

Dont be fooled by Carnage Carney, he hasnt got a clue, and changes his mind daily. The sooner the pro EU pro GS idiot is replaced by someone from the UK who has the UKs best interests at heart, not his business interests the better. Get it right first time Carnage.

[Brett]

Originally Posted by rhino_mik

It's an incredibly dumb and myopic view of our place in the world if someone voted Brexit because of EU influence on the UK. We have incredible influence on the EU and other countries around the world. Other countries and international organisations have influence on us. It's how we get along!

And now we want to isolate ourselves from the world because of the jingoistic notions of a few old farts.

Not even sound notions. After all, most of our arse has been sold off to China, Saudi or Qatar and Fascist Frank doesn't batter an eyelid. But God forbid the woman next door has a Pole in to mow the lawn.

[nickgusset]

Originally Posted by Biggineagle

Oh shut up. No one gives a feck what you think, whereas you plainly do about what I think.

I do

[Skintagain]

Originally Posted by rhino_mik

It's an incredibly dumb and myopic view of our place in the world if someone voted Brexit because of EU influence on the UK. We have incredible influence on the EU and other countries around the world. Other countries and international organisations have influence on us. It's how we get along!

And now we want to isolate ourselves from the world because of the jingoistic notions of a few old farts.

I don't think so. We are leaving a protectionist block and opening up to the rest of the world.

[Biggineagle]

Originally Posted by rhino_mik

And now we want to isolate ourselves from the world

Er no. You just dont get it. What we want is quite the opposite, and to throw of the EU handcuffs and straight jacket at the same time.

[mik59]

Originally Posted by Skintagain

I don't think so. We are leaving a protectionist block and opening up to the rest of the world.

Eh? The mere act of leaving the EU means that we are raising trade barriers, not lowering them, because we will no longer be part of a bloc that trades freely across its 28 Member States and ones that charges border tax only at one point of entry. Moreover, nowhere else in the world can we trade freely in services, including being able to establish services in any other EU country.

In return, we will be facing trade barriers everywhere else. In the US, foreign companies cannot bid for public contracts for example. So in any future Free Trade Agreement with them then either we let US companies run privatised or contracted out services, as we do now, with no reciprocal arrangement or we match their barriers by introducing new restrictions. And don't even get started on big emerging economies like India and China with their protections for native producers, jobs, state funding etc.

[evvo111]

Originally Posted by Biggineagle

Er no. You just dont get it. What we want is quite the opposite, and to throw of the EU handcuffs and straight jacket at the same time.

Sorry but I disagree Frau Hildergard Vanwinkleschlappers patent leather handcuffs are a most sought after accessory in the S&M scene.......or so I've been told

[rhino_mik]

Originally Posted by Biggineagle

Er no. You just dont get it. What we want is quite the opposite, and to throw of the EU handcuffs and straight jacket at the same time.

Originally Posted by Skintagain

I don't think so. We are leaving a protectionist block and opening up to the rest of the world.

I don't think you idiots understood what you were voting for.

[Biggineagle]

Originally Posted by evvo111

Sorry but I disagree Frau Hildergard Vanwinkleschlappers patent leather handcuffs are a most sought after accessory in the S&M scene.......or so I've been told

[Skintagain]

Originally Posted by mik59

Eh? The mere act of leaving the EU means that we are raising trade barriers, not lowering them, because we will no longer be part of a bloc that trades freely across its 28 Member States and ones that charges border tax only at one point of entry. Moreover, nowhere else in the world can we trade freely in services, including being able to establish services in any other EU country.

.......................

No one cares, they need us more than we need them. Remember the trade gap is in their favour. If it ends up with their goods costing us more it will hurt them more, there plenty of other cheaper sources for almost everything. As for services they are already worried about losing access to the city.

Look at Biggin's graph on the previous page, Germany and France will either have stump up more cash or some of the others will have to suffer. They are the that need a good deal.

[rhino_mik]

Originally Posted by Skintagain

No one cares, they need us more than we need them. Remember the trade gap is in their favour. If it ends up with their goods costing us more it will hurt them more, there plenty of other cheaper sources for almost everything. As for services they are already worried about losing access to the city.

Look at Biggin's graph on the previous page, Germany and France will either have stump up more cash or some of the others will have to suffer. They are the that need a good deal.

[Golf Boy]

Originally Posted by Biggineagle

Oh shut up. No one gives a feck what you think, whereas you plainly do about what I think.

Touched a nerve, as you so often like to say.