Farage REVEALS brilliant plan to secure Brexit in 48 HOURS

Discussion in 'Western Europe' started by cerberus, Jan 16, 2019.

  1. cerberus

    cerberus Well-Known Member Past Donor

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    "NIGEL Farage claimed the European Union would "bite our arms off" if Theresa May was swiftly replaced by a Brexiteer announcing the UK exit from the EU under WTO rules on March 29th."

    If only this man had been in power the present farce, at stupendous cost to the British taxpayers which could have built a few nursing homes and mental care facilities, would never have happened. No wonder they all loathe him - it's because he so easily exposes them for being the losers they really are.

    https://www.express.co.uk/showbiz/t...K-EU-Nigel-Farage-Theresa-May-deal-defeat-GMB

     
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  2. The Don

    The Don Well-Known Member

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    Leaving on WTO terms is strongly opposed by many groups due to the likely economic impact.

    Nigel Farage (and Jacob Rees-Mogg) will be largely insulated from the fallout, Nigel Farage by his generous EU pension, Jacob Rees-Mogg by the fact that he has set up in Dublin to allow him to continue doing business in the EU.
     
  3. The Scotsman

    The Scotsman Well-Known Member

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    .....of which absolutely nobody can quantify so all you get is the extreme version which is shrilled from the rooftops by dickheads from the BBC as being the only version. How do other nations that don't have a trade agreement with the EU manage to survive....??
     
  4. The Don

    The Don Well-Known Member

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    They manage to survive because they have their own free trade arrangements with the EU or other trade relationships and do not rely on WTO terms and/or they do not rely on the EU for around 50% of their export trade. They also do not have economies and supply chains which have been designed and/or which have developed to take advantage of the free access to the EU.

    If we were situated right between China and Japan, then the lack of an EU trade deal - or more likely having a less advantageous trade deal with the EU would make less of a difference. Our major trading partners would likely be around the Pacific rim and likely we'd be interested in the TPP. A lack of physical proximity to the EU would likely mean that they were a comparatively minor market for all but a relatively short list of specialist goods and services.

    In other words, it doesn't make much difference whether or not, post Brexit, the UK has a non-WTO trade agreement with Laos. They're a small, poor market a long way away and currently account for very little of our trade now, and that is unlikely to change in the foreseeable future. OTOH the EU is a a large, rich market right on our doorstep which is tightly integrated into all aspects of the UK economy. Not having a free trade agreement will have a significant impact in the short, medium and long term.
     
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  5. cerberus

    cerberus Well-Known Member Past Donor

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    What, like May, Hammond, Gove et al wouldn't be? :roflol: You've fallen hook, line and sinker for 'project fear', TD, and far from being economic Armageddon they're trying to put about, leaving could, in a very short time, open up the world to you, then your business could take off. The EU is undoubtedly on the brink of collapse, then you'll see your present markets disappear overnight. So don't be so pessimistic? Also remember they've all got their various agendas, the main one being the sinecures awaiting them in Brussels when their domestic careers come to an end. Why else do you think they so scared of a no-deal? How can you be so naive not to see that, when here I am, who could write a weighty tome on what I don't know about business, can see it?
     
    Last edited: Jan 17, 2019
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  6. The Don

    The Don Well-Known Member

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    The thing is that not only is the EU a very large and rich market, it's also very close so any constraint to accessing that market will hit the UK hard.

    I've already talked at length about my business and how, realistically, better access to the developing world doesn't help one little bit (and there's no certainty that that will happen) because they simply cannot afford our services. China and India aren't in the market for our services because, for much of the world they are our competition at a significantly lower price.
     
  7. cerberus

    cerberus Well-Known Member Past Donor

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    Oh well then, we can't Remain just so your business can stay solvent can we? I can't imagine what it could be for so concentrated a base, but for every one like yours with that limited clientele, there are probably a thousand others for whom opportunities will open big-time. Luck of the draw mate, and it looks like diversity or commercially die?
     
  8. RiaRaeb

    RiaRaeb Well-Known Member Past Donor

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    Nigel Farage, what does he care about Brexit with his German wife and two German daughters with dual citizenship. Hilarious how the dumb idiots are taken in by a merchant banker who could not even get into parliament, just hilarious.
     
  9. The Don

    The Don Well-Known Member

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    Well the highlighted is what the Leave campaign promised, but the evidence for this is, IMO, quite sparse. I'd like to see the evidence for how EU membership has badly constrained businesses and how, post-Brexit, things will suddenly become better given that:
    • Other EU countries have a much better track record than the UK at growing trade with non-EU countries
    • According to Liam Fox, the UK's trade deals post-Brexit will be the EU deals rolled over. Maybe in time (many years, decades even) the UK will eventually negotiate bespoke deals with other countries and maybe those deals may favour the UK more but then again, the EU is a bigger trading bloc and wields far more leverage
    • Physical proximity counts a lot when it comes to trade. The US will continue to do most business with Mexico and Canada because they are physically close and goods can quickly and inexpensively be transported between those countries.
     
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  10. The Don

    The Don Well-Known Member

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    Nigel Farage was never a merchant banker - he was a commodities trader, something a little lower down the City food chain.
     
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  11. cerberus

    cerberus Well-Known Member Past Donor

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    The misbegotten project is a dead duck, TD; I'm surprised it has lasted this long. Italy is in meltdown, the migrant thing is toxic, and who knows what else is being kept quiet? Without our contributions, and France and Germany then being the only net contributors left, the entire farce is going to collapse like a house of cards; it's then that the EU elitists - those who brought it about?? - will take their Euros and run, leaving the eurozone populaces to it.
     
    Last edited: Jan 17, 2019
  12. RiaRaeb

    RiaRaeb Well-Known Member Past Donor

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    My apologies to Nigel for over estimating him!
     
  13. The Don

    The Don Well-Known Member

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    That doesn't address the points I raised.
     
  14. cerberus

    cerberus Well-Known Member Past Donor

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    There's no point, because there has never been a precedent therefore nobody knows for certain what will be.
     
  15. RiaRaeb

    RiaRaeb Well-Known Member Past Donor

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    On the few forums I use I have asked many people for what advantages they see in leaving Europe, unfortunately they seldom if ever can actually explain how the EU actually affected them apart from the rhetoric of the Leave campaign. The best idiot I have heard so far is the one who wanted to leave the EU because they had banned the use of a rat poison which was a derivative of Cyclon B(I kid you not). It was pointed out that the British Government had actually banned it 15 years earlier! The point is that on such trivial and misinformed information people actually voted.
     
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  16. The Don

    The Don Well-Known Member

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    I too have found it difficult to get concrete answer too.

    I understand those people for whom regaining control over borders (i.e. keeping foreigners out) and freedom from EU control (i.e. we can pollute as badly as we like and allow the City to do whatever it wants) is worth any economic cost. I disagree with them but at least they've done a cost benefit analysis and for them the benefits are worth whatever the cost is.

    I don't understand those people who are convinced that making it less easy to do business with our largest, closest, richest trading partners will be more than offset by increased trade with smaller, poorer trading partners who are further away - especially when, for the forseeable future we will either be dealing with them on the same terms as before (in the case of an "orderly" Brexit) or on substantially worse WTO terms (in the case of a "disorderly" Brexit).
     
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  17. cerberus

    cerberus Well-Known Member Past Donor

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    A market is only 'a market' if the populaces of the constituent countries can afford to buy what you have to sell? And that applies whether they're close or distant? If the Euro should suffer a catastrophic inflation crisis those markets will instantly disappear.
     
  18. The Don

    The Don Well-Known Member

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    Correct, and right now the EU is the world's largest and richest trading bloc

    Proximity has its own advantages. If it takes weeks for goods to arrive from halfway across the world, its difficult to tweak your order.

    If
     
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  19. cerberus

    cerberus Well-Known Member Past Donor

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    And it could be tomorrow, or when we pull out; but it'll happen, of that there's no doubt. I'd start diversifying now if I were you?
     
  20. The Don

    The Don Well-Known Member

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    Of course there's doubt. If you have no doubt then put your money where your mouth is, sell everything you own, borrow every penny you can and go short on the Euro - apparently you cannot lose.

    Personally I'm already somewhat diversified - although given how much of my net worth is tied up in property and cash, it's not so easy. Businesswise, I've been trying to diversify for decades but amazingly enough there aren't many markets outside the EU for the services we provide.
     
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  21. RiaRaeb

    RiaRaeb Well-Known Member Past Donor

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    No, you think it could happen, now what evidence can you provide to actually back up your claims?
     
  22. cerberus

    cerberus Well-Known Member Past Donor

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    Lucky for me that I'm as 'bomb-proof' as it's possible to be, but I take your point. On the other hand, things 'Euro' aren't looking at all good are they, and we might be getting out just in time to escape the worst of it - not least because we don't have the Euro thankfully?

    I actually believe that when the dust settles, and the German manufacturers start getting stroppy, it won't be as bad as you think. They'll find that they need us more than we need them (I suspect they already know that, and a lot of it is brinkmanship?), and it will slowly but inevitably return to the status quo.
     
  23. The Don

    The Don Well-Known Member

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    I'm not sure why you think that things "Euro" aren't looking at all good. The Euro economies seem to be growing faster than the UK economy (although the slowdown in China might hurt Germany particularly badly) and the situation in Greece, Portugal, Spain, Italy and Ireland, whilst hardly ideal is a lot better than it was 5 or 10 years ago.

    The highlighted point has been repeated regularly by the Leave campaign but, Ireland aside, it simply isn't true. The UK sends around 50% of its exports to the EU. EU members send less than 10% of their exports to the UK (unsurprisingly, their biggest export market is the EU).
     
  24. cerberus

    cerberus Well-Known Member Past Donor

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    I don't believe it; I distinctly remember a tv prog only 3 weeks ago (BBC so fairly accurate) about Italy being in trouble, and like I said here half an hour ago - how much is positive spin and how much covering up bad news is going on?

    I don't know where you get your stats from, but if they're from a government publication I wouldn't believe them either. As you say 'unsurprisingly'? They're bigging it up so as not to frighten the horses, and simultaneously make a no deal out of the question for the reasons I offered earlier - think 'sinecures, and Brussels pension scheme'; I'm more than a little surprised there's hardly any scaremongering about 'jobs will be at risk' to be frank.
     
  25. The Scotsman

    The Scotsman Well-Known Member

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    one word you missed out....YET....and whats to stop us getting one?
    These things just take time thats' all!! How long has it taken the US? Are they in any difficulty as a result? I order stuff from the US all the time and it arrives with no problem...so where's the issue???

    The issue that you're conflating is the fact that the EU is struggling to maintain a grip on the ever present existence of groups within the EU that are theatening the POLITICAL expansionist ideals of the POLTICAL aspirations of the EU. These have/ or should have nothing to do with the free flow of goods and services UNLESS they (the Commission) wish to use them as bargaining tools. All things being equal do you think that Germany or France or whoever would have an issue with opening up discussions with the UK on TRADE agreements? Of course not! However, the POLITCAL requirements of these neo-Kantian liberal political treaties the member states have become embroiled in mean that they cannot. The economic requirements have been entwined within this byzantine web of POLITCAL narratives that the Commission are brow beating their member states with.
     

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