BREXIT - some assistance required

[YellowDog]

Except the government line was to stay, I think they are just as surprised as everyone else. Goes to show if you don't vote you can't complain at the results.

I voted for BREXIT: Keep rowing boys!

[george formby]

Try and tell that to the family of Jo Cox who was shot and stabbed ostensibly in the name of freeing Britain only a week or so ago.

Easy comment.

The front line was British polling. A decision and it's consequences won by pens. On a continental scale. Historically so.

[Stylo]

Brussels has just turned the fan on, this will be interesting.

Something's going to hit it starting with Sh ..

Could be a long weekend for those guys

[jonbuoy]

I don't think it will make much difference. Trade and Travel tend to go on a tit for tat. If the UK don't make it difficult for Europeans to work - they won't either. If the Germans make it hard to buy BMW's then people will switch to Lexus. The Spanish need British tourists and they won't want to make it difficult for them. Where there is money to be made people won't cut their noses off to spite their faces. Big buisiness is more powerful than governments these days.

[Duncan74]

I don't think it will make much difference. Trade and Travel tend to go on a tit for tat. If the UK don't make it difficult for Europeans to work - they won't either. If the Germans make it hard to buy BMW's then people will switch to Lexus. The Spanish need British tourists and they won't want to make it difficult for them. Where there is money to be made people won't cut their noses off to spite their faces. Big buisiness is more powerful than governments these days.

All true. But the issue here is that at an EU level then they need to give France and other countries a clear reason for also not exiting. And so as first out then the UK will be the whipping boy to set the example. Overnight then BMWs have just got more expensive by about 10% without any additional taxes. But the other way then UK manufactured cars should in theory be cheaper for import into central Europe. So ironically then the EU funding has gone into factories undermining the domestic manufacturing in france, Germany and Italy, and that's before the other 'Japanese' factories in Europe. Remember, the reasons these factories were built at all was to avoid the import duties for cars made outside of the EU. So it would seem very odd if they didn't apply the duty to the UK.

And of course it's not just cars. It's all manner of other things. Will be interesting to see how companies like Amazon that have a whole business model about using distribution centres in cheap areas and financial entities located in a manner to avoid duties and taxes respond.

[YellowDog]

Remember, the reasons these factories were built at all was to avoid the import duties for cars made outside of the EU. So it would seem very odd if they didn't apply the duty to the UK.

The EU can't tax UK produced imports. The Lisbon Treaty says so. They can however decide not to buy them. Tit-for-tat will cause the EU to lose most.

Still no compelling arguments to No-BREXIT.

The EU is a crock of shit. I just can't believe Greece didn't tell Merkel to plug her vibrator into the mains and screw herself, rather than the Greek people

[mada]

I don't see any major issues between EU - UK occurring.

I think the issues are going to be internal with all the divisions... and then after a while when nothing gets better (not that it would have gotten better for them under the EU) for those who have felt disenfranchised ie. working class/poor who will they blame?

[Duncan74]

The EU can't tax UK produced imports. The Lisbon Treaty says so.

Your view here seems to differ with that I've read elsewhere. Lisbon treaty is a treaty between the EU member states. UK is about to leave that. Hence by definition that ceases to apply. However, across a few articles then this one from the telegraph http://www.telegraph.co.uk/news/2016...british-trade/ is probably the most 'middle' between what you are saying (no effect) and my fear (the world is doomed). Interestingly then for cars the current exchange rate drop of 10% seems spot on for cancelling out the duty on exports. However, in theory that means that cars from EU to UK would increase by an effective 20% if the current exchange rate stays for the actual 'divorce'.

What would that mean?

The UK would pay tariffs on goods and services it exported into the EU, but since the UK would pay ‘most favoured nation’ rates, that would prohibit either side imposing punitive duties and sparking a trade war.

These WTO tariffs range from 32 per cent on wine, to 4.1 per cent on liquefied natural gas, with items like cars (9.8 per cent) and wheat products (12.8 per cent) somewhere in between.

John Springford, an economist with the Centre for European Reform, the total cost of those tariffs would be large, ranging from a 2.2 per cent of GDP (£40 billion) to 9 per cent.

Business for Britain, which campaigns for exit, estimates that at worst, tariffs would cost British exporters just £7.4 billion a year and says the UK would save enough on EU membership fees to be able to compensate exporters for that.

Damian Chalmers, professor of European Union law at the London School of Economics, says the bigger threat to the UK exports would not be from WTO tariffs, but other EU states imposing new regulations and other “non-tariff barriers” to keep UK services out.

[YellowDog]

Your view here seems to differ with that I've read elsewhere. Lisbon treaty is a treaty between the EU member states. UK is about to leave that. Hence by definition that ceases to apply. However, across a few articles then this one from the telegraph http://www.telegraph.co.uk/news/2016...british-trade/ is probably the most 'middle' between what you are saying (no effect) and my fear (the world is doomed). Interestingly then for cars the current exchange rate drop of 10% seems spot on for cancelling out the duty on exports. However, in theory that means that cars from EU to UK would increase by an effective 20% if the current exchange rate stays for the actual 'divorce'.

It's as I stated. It might be on a different treaty, however it does exist. No tarrifs. And as for the current level of depreciation, this is momentary and sterling will need to be held down, not propped up.

The EU is run by dumb cnuts whom do not know their arses from their elbows. What do Greece, Turkey, Albania, Spain, Italy, Portugal, & Ireland have in common?

The're all broke and will leach off the EU until it is no more.

Keep rowing boys and make deals with the rest of the world, as these assholes have no cash to pay their debts.

[Voltaire]

The EU is run by dumb cnuts whom do not know their arses from their elbows. What do Greece, Turkey, Albania, Spain, Italy, Portugal, & Ireland have in common?

I think that the EU would work if it's only function was to facilitate trade and ease of travel in Europe, but it seems to have taken a life of its own as some sort of dictating Super State in the making. The Germans and the to a lesser degree France are probably used to this but less so the British.

Out of interest have you ever been to the countries you mention?

[YellowDog]

I think that the EU would work if it's only function was to facilitate trade and ease of travel in Europe, but it seems to have taken a life of its own as some sort of dictating Super State in the making. The Germans and the to a lesser degree France are probably used to this but less so the British.

Out of interest have you ever been to the countries you mention?

Never been to Albania and have no plans to Historically, it has always been viewed as a cesspit, but I guess they must have learn't to cook their books (by their neighbours in Greece) in order to be considered.

I used to have a pan european role, so I have visted the others quite regularly. Their problems and total incompatibilities are really obvious. New zealand is a world leader and could resolve their problems and make them successful very easily. However culturally, they just can't change and is why they should not ever have joined.

You state: "I think that the EU would work if it's only function was to facilitate trade and ease of travel in Europe,"

This is the only reason the UK joined and "but it seems to have taken a life of its own as some sort of dictating Super State in the making."
"is the primary reason for BREXIT.

I read "Brexit: Merkel says 'no need to be nasty' in leaving talks" - she must be really pissed to state that - Lexus it is then

[oldrider]

UK now having a major attack of "after purchase blues" - sorta like a good idea with a hard on compared to when one has shot his bolt - what the fuck did I just do??

Nothing like a little time to settle things down again - Rule Britannia will take a little longer but at least the ship is heading in the right direction again!

[Voltaire]

UK now having a major attack of "after purchase blues" - sorta like a good idea with a hard on compared to when one has shot his bolt - what the fuck did I just do??

Nothing like a little time to settle things down again - Rule Britannia will take a little longer but at least the ship is heading in the right direction again!

I would say for country that invented the steam engine, had an empire, the largest navy in the world for a while, the industrial revolution, built the Spitfire, saw of the Germans twice and gave us modern blues fueled guitar rock this is just a minor setback.
Those hard working immigrants in the UK will make sure of that, not so much the lazy Poms who live in council flats and vote labour.

[Berries]

Those hard working immigrants in the UK will make sure of that, not so much the lazy Poms who live in council flats and vote labour.

Yes, they can all fuck off to the colonies.

[oldrider]

Will Britain still maintain her (historical) power position in the manipulative ways of world organisation? http://mondoweiss.net/2016/01/zionism-kingdom-arabia/