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  • #16
    Re: 127 is the answer

    Originally posted by Feedback View Post
    time will tell but I think leaving the worlds largest free market so we can sell widgets to Micronesia tariff free isn't going to have positive impact you think it will.


    I was making a point that we live in a global economy and looking to ensure that we can provide all of what we need from within these shores is very American in thinking. We import most of our food, fuel, energy, and building materials. If we try and become any more self-sufficient then we'll fail. The reason we left the EU is so we could forge our own trade deals. Great, we can buy kraft cheese to put on our burgers duty free. but the big purchases like German and French cars, lets whack 10% on to the cost. do you understand why we are seeing inflation at 4% ?


    you would have been the only one, as most people back then were pissed off with the inconvenience.


    my answer would be to re-join the worlds largest free trade economy and accept that Britannia no longer rules the waves.
    I'm not sure why you mention Micronesia, but free trade deals are generally a good thing, I agree. But you don't need strings attached to them.

    Yes, we live in a global economy, but the economy is subservient to societies needs. It's no use advocating any impact by saying "well, it's the global economy!" If we can make it work better, we should. I see no reason to fear countries such as Australia, New Zealand, Canada, USA, South Korea et al.

    No one says 'Britannia Rules the Waves' Why do people always litter their arguments with such absurdities. It's like me saying that anyone who is pro-EU believes in the EUSSR or wants a single european state etc. It's just nonsense.

    We could have re-joined the single market. Teresa May's deal pretty much advocated that, but people were too busy calling everyone racist and demanding a new referendum to accept it, so we are where we are.

    There's loads of reasons why inflation is rising, but German inflation is at 29 year high and the UK's inflation rate is below the eurozone as a whole, so good luck arguing that it's because we left the EU.

    This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Inflation Rate. This page provides values for Inflation Rate reported in several countries part of Europe. The table has current values for Inflation Rate, previous releases, historical highs and record lows, release frequency, reported unit and currency plus links to historical data charts.

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    • #17
      Re: 127 is the answer

      Originally posted by az city View Post
      When you were studying your “Economics-related” course, did you not understand the basic principle of comparative advantage?
      Hello again! I'm still waiting for you to make some long term predictions on the future of the UK economy, so that your angry dismissals can be judged.

      Comment


      • #18
        Re: 127 is the answer

        20211005_130939.jpg

        did Johnson just add 100 to the figure to make it seem not quite as tragic

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        • #19
          Re: 127 is the answer

          Originally posted by JamesWales View Post
          Looks like we will have to raise pay, conditions, increase training, maybe create some apprenticeships and create a sustainable economy around the delivery of vital produce that doesn't rely on labour coming in from abroad. No bad thing in the long run, as long as the immigration system is flexible enough to deal with these issues when things have settled down more.

          Probably never been a better time in 50 years for people in Britain looking to move into traditional working class jobs.
          I think a positive will finally , sadly it will hurt for a while .

          With regards to HGV drivers their jobs and skills and conditions have been poorly eroded over the years partly to do with cheap labour and driving costs down to ensure consumer has the benefits , both in the UK and Europe ,these shortage have been around well before Brexit due to the poor standards of pay and conditions , particularly poor for attracting willing females to the industry .

          A white paper was published in 2016 highlighting these issue to Road Haulage Association of these very issues ??

          If this just is Brexit why are the 400k of vacancies in Europe alone and many more around the globe ??

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          • #20
            Re: 127 is the answer

            Originally posted by JamesWales View Post
            Hello again! I'm still waiting for you to make some long term predictions on the future of the UK economy, so that your angry dismissals can be judged.
            I’m not angry. I actually pity you.

            BTW I have a lot to do so I don’t spend every waking minute making up wild conjectures based on no theory for message boards.

            I see you didn’t answer the question, so I’m going with “no” as your response?

            Are you in paid employment? What is it? You seem to have a lot of free time to post idle bollocks on here.

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            • #21
              Re: 127 is the answer

              Originally posted by az city View Post
              I’m not angry. I actually pity you.

              BTW I have a lot to do so I don’t spend every waking minute making up wild conjectures based on no theory for message boards.

              I see you didn’t answer the question, so I’m going with “no” as your response?

              Are you in paid employment? What is it? You seem to have a lot of free time to post idle bollocks on here.
              If only arrogance could provide power then the global gas price crisis would be over pretty quickly!

              I actually made predictions about the future of the UK economy - predictions that can be assessed. You haven't, you've just shouted out a few slogans and not put anything up to be judged against, and when called out on it, you hand pick some other academic theory whilst ignoring the current reality. That speaks for itself.

              Have a nice day and enjoy the Arizona sun.

              Comment


              • #22
                Re: 127 is the answer

                Originally posted by JamesWales View Post
                I'm not sure why you mention Micronesia, but free trade deals are generally a good thing, I agree. But you don't need strings attached to them.

                Yes, we live in a global economy, but the economy is subservient to societies needs. It's no use advocating any impact by saying "well, it's the global economy!" If we can make it work better, we should. I see no reason to fear countries such as Australia, New Zealand, Canada, USA, South Korea et al.

                No one says 'Britannia Rules the Waves' Why do people always litter their arguments with such absurdities. It's like me saying that anyone who is pro-EU believes in the EUSSR or wants a single european state etc. It's just nonsense.

                We could have re-joined the single market. Teresa May's deal pretty much advocated that, but people were too busy calling everyone racist and demanding a new referendum to accept it, so we are where we are.

                There's loads of reasons why inflation is rising, but German inflation is at 29 year high and the UK's inflation rate is below the eurozone as a whole, so good luck arguing that it's because we left the EU.

                https://tradingeconomics.com/country...ntinent=europe
                Have a word with yourself. Feedy’s owned you here for your lack of consistency. You can’t argue for self sufficiency and for more free trade. As I thought, you don’t understand the principle of comparative advantage.

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                • #23
                  Re: 127 is the answer

                  Originally posted by JamesWales View Post
                  I'm not sure why you mention Micronesia, but free trade deals are generally a good thing, I agree. But you don't need strings attached to them.
                  quite simple really, why bother selling on your doorstep in the worlds largest economy when you can sell to someone else on the other side of the planet.

                  Originally posted by JamesWales View Post
                  Yes, we live in a global economy, but the economy is subservient to societies needs. It's no use advocating any impact by saying "well, it's the global economy!" If we can make it work better, we should. I see no reason to fear countries such as Australia, New Zealand, Canada, USA, South Korea et al.
                  No one fears these countries, it just makes no sense to look for trade deals with South Korea at the expense of a trade deal with Germany.

                  Originally posted by JamesWales View Post
                  No one says 'Britannia Rules the Waves' Why do people always litter their arguments with such absurdities. It's like me saying that anyone who is pro-EU believes in the EUSSR or wants a single european state etc. It's just nonsense.
                  the only only absurdity is Brexit and the £350m per week for the NHS. The point being made was that some people think the UK requires world power and prestige, and we do not.

                  Originally posted by JamesWales View Post
                  We could have re-joined the single market. Teresa May's deal pretty much advocated that, but people were too busy calling everyone racist and demanding a new referendum to accept it, so we are where we are.

                  There's loads of reasons why inflation is rising, but German inflation is at 29 year high and the UK's inflation rate is below the eurozone as a whole, so good luck arguing that it's because we left the EU.
                  non sequitur. Even if we remained in the EU we were outside the Eurozone so we would not have been impacted by eurozone based inflation. where we are being impacted is the additional costs incurred on importing the vast majority of what we consume, given its all made in the EU.

                  I for one am not looking forward to buying American pony cars instead of the German and Italian Gts that are so much more sexier.

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                  • #24
                    Re: 127 is the answer

                    Can I thank various posters, including Feedback and AZ City for putting the stupid arguers for Brexit in their place far more succinctly than I ever could
                    I cannot get my head around anyone with 1 brain cell could still think it was a good economic idea. They must be in a state of denial.
                    The shit is hitting the fan. It will get a lot worse.

                    Comment


                    • #25
                      Re: 127 is the answer

                      Originally posted by JamesWales View Post
                      If only arrogance could provide power then the global gas price crisis would be over pretty quickly!

                      I actually made predictions about the future of the UK economy - predictions that can be assessed. You haven't, you've just shouted out a few slogans and not put anything up to be judged against, and when called out on it, you hand pick some other academic theory whilst ignoring the current reality. That speaks for itself.

                      Have a nice day and enjoy the Arizona sun.
                      That’s laughable. The benefits of (free) international trade and the principle of comparative are the first things any student of Economics would come across.

                      Don’t conjecture any more. You’re posting bollocks.

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                      • #26
                        Re: 127 is the answer

                        Ah, the poor old lorry drivers who wanted public sympathy in 2000 when 16 years previous they were ploughing through picket lines and counting the dosh.

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                        • #27
                          Re: 127 is the answer

                          Originally posted by Former Labour leader View Post
                          Can I thank various posters, including Feedback and AZ City for putting the stupid arguers for Brexit in their place far more succinctly than I ever could
                          I cannot get my head around anyone with 1 brain cell could still think it was a good economic idea. They must be in a state of denial.
                          The shit is hitting the fan. It will get a lot worse.
                          Even Jacob Rees Mogg thinks it could take 50 years to "reap the benefits" of Brexit. Which of course would never actually materialise. Because by then, most of the people who voted for it will be long dead, and if we've had to sit through even 20 years of it being a bad decision, then it will get reversed.

                          Comment


                          • #28
                            Re: 127 is the answer

                            Originally posted by az city View Post
                            Have a word with yourself. Feedy’s owned you here for your lack of consistency. You can’t argue for self sufficiency and for more free trade. As I thought, you don’t understand the principle of comparative advantage.
                            No he hasn't. And yes, you can. You can argue for a more balanced economy and trade deals that do not come with strings attached in terms of non economic matters. Very few free trade deals require the almost total absence of cross-border deregulation that the single market does.

                            Comment


                            • #29
                              Re: 127 is the answer

                              Originally posted by JamesWales View Post
                              No he hasn't. And yes, you can. You can argue for a more balanced economy and trade deals that do not come with strings attached in terms of non economic matters. Very few free trade deals require the almost total absence of cross-border deregulation that the single market does.
                              how about food and animal welfare standards?

                              Comment


                              • #30
                                Re: 127 is the answer

                                Originally posted by Feedback View Post
                                quite simple really, why bother selling on your doorstep in the worlds largest economy when you can sell to someone else on the other side of the planet.

                                No one fears these countries, it just makes no sense to look for trade deals with South Korea at the expense of a trade deal with Germany.

                                the only only absurdity is Brexit and the £350m per week for the NHS. The point being made was that some people think the UK requires world power and prestige, and we do not.

                                non sequitur. Even if we remained in the EU we were outside the Eurozone so we would not have been impacted by eurozone based inflation. where we are being impacted is the additional costs incurred on importing the vast majority of what we consume, given its all made in the EU.

                                I for one am not looking forward to buying American pony cars instead of the German and Italian Gts that are so much more sexier.
                                1 - No one advocates less trade with Germany.
                                2- No one advocates trade with South Korea for trade with Germany. Quite the opposite; the EU trade deal actively prevents a bilateral deal with, for example, South Korea.
                                3 - The NHS is actually receiving far more than £350m a week even accounting for inflation. It wasn't a direct transfer of EU contributions to the NHS, but the commitment was met. I agree, the UK doesn't need more prestige.
                                4 - Currect me if I'm weong, but you are claiming inflation is caused by Brexit, when our inflation rate is lower than the eurozone, so your argument is somewhat weak.

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