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User Name Thread Name Subject Posted
Teribus BS: Post Brexit life in the UK (6498* d) RE: BS: Post Brexit life in the UK 23 Oct 17

Raggytash - 23 Oct 17 - 04:45 AM

Would appear to have been dealt with and answered by others - but as you asked:

1. What evidence do you have to support the assertion that prices from other suppliers will be lower.

Perhaps as advised by others you should take a good look and study the prohibitive tariffs that the EU imposes on produce and goods from countries outside the EU. According to EU rules we have to pay those inflated prices at present. Once out of the EU we can buy from wherever we want to without the added EU tariffs. Hence produce and goods from outside the EU will be cheaper. The countries selling produce to the UK will not hike the price WTO rules prevent them doing that, besides they are in the business of trading not in the business of "punishing" any country, especially not for the crime of daring to "leave the EU".

2. Yep, OTHER people are getting THEIR imports at lower costs, great for them. We however are paying MORE for our imports."

Our manufacturing sector has never been busier, that means jobs and wages in the UK.

3. What evidence is there to support the assertion that the EU will still need the extra 11 Billion with the UK withdrawing, their costs will decrease to some extent. (If you have the correct figures please pass them to the UK government, it looks like they could do with your help).

Ehmmmm Raggy the clue came in the phrase "For the gravy train to continue down the track as it is" - which explained means that if the EU wishes to spend as it is currently doing with the income it currently enjoys THEN - "those 9 net contributor states have to find an additional 11 billion" which I believe is roughly the amount of the UK's current net-contribution to the EU's coffers (In the last ten years our net contribution has doubled IIRC. Trends being what they are it, is highly unlikely that in the years moving forward from 2019 that that net-contribution would decrease).

The only saving I see from the UK leaving the EU will be that the EU will no longer have to pay for printing and translation services with regard to the English language which will be dropped as an official EU language, which, as English is the international language of business and trade seems to me to be a remarkably silly thing for them to do.

4. The pound has consistently traded at approx 14-15% lower than before Brexit. Your assertion "While Backwardsman wails about the pound going through the floor (which it has not)" is utter nonsense, quite easily disproved by figures already provided by Nigel on this thread.

The currency fluctuations related to the GBP and the Euro are not outside anything that we have seen before as others have pointed out to you. I restate what I said before The Pound Sterling has NOT gone through the floor - as Backwards incorrectly claimed.

Now onto Shaw's contentions:

Of course if there is no deal the EU loses us as a market in comparison to what exists now. I think very few will willingly pay more for alternative produce and products if the costs of those from the EU increase as markedly as those in your camp suggest. There are perfectly suitable alternatives that would be cheaper than your "beamers", Proseccco and Camembert - but that is a matter of choice. Should Junckers direct that the British be "punished" for leaving the EU, then the member states of the EU will suffer a backlash, if the British public thought it appropriate to boycott produce and goods from South Africa, just see how easy it will be to get them to boycott produce and goods from those who seek to "punish" us for exercising our democratic right, damn right we'll find alternatives, ourselves and the rest of the world will be better off and grateful and the EU will be the poorer for it. They will have to sell to others inside the EU what we used to buy or they have to curb production.

Post-Brexit London will still remain as the largest international financial hub in the world.

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