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Matt
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Quote:
danj wrote on 20-11-2017 01:36 PM

"So we lose financial services.

That accounts for one in every ten pounds the government collects in tax.

And it accounts for £60 bn in export revenue.

We will also lose automotive manufacturing, that will go because it cannot function with complex supply chains through a customs barrier.

Ditto aerospace and most other manufacturing, just as Prof Patrick Minford of Economists for Brexit said it would, "just like coal and steel".

Farming and food production will face 40% import tariffs on exports to the EU, so they will stop and the farmers will go bust.

Far from being "project fear", hard brexit will be "terror reality".

It is now clear that hard brexit is economic suicide."

Sums it up pretty precisely.



Laughs out loud it's not a suicide, it's a circular firing squad.

The EU needs money, in the event of no deal Germany will have to cough up.

See above about the rise of the far right in German elections, they went from 0 seats to 13% in one election with a second on the cards.

Gerxit anyone?

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Old Post20-11-2017 13:46 PM
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Quin.
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Quote:
Private1 wrote on 20-11-2017 01:26 PM

Worker shortages are going to affect many industries.

Migrant labour shortage leaves fruit rotting on UK farms



indeed, but by deciding to make all EU nationals register they have created a mountain of work for a department that was already at it's limit. Needless to say I think there are going to be a lot more of this sort of announcement over the next few years.

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Old Post20-11-2017 13:49 PM
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Quin.
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Quote:
Matt wrote on 20-11-2017 01:35 PM

Doh! What a twat.

In a single stroke Barnier has just ensured there will be no more money offered and we're rapidly heading towards "no deal".

Financial services is key to the trade talks, no financial passports, no deal. And why is he meddling with any potential trade deal, I thought we weren't far enough down the line for that?

I wonder if this is his doing, or more likely he's been told to Scratches Chin



I can understand what he is saying though, we can't just pick and choose the best bits for ourselves, they won't accept it, this is something that will hit London (and our tax receipts) hard but will also damage Europe at least initially due to how interlinked all the services are over here, it helps everyone. I know that Khan has been pushing for something along these lines.

As for the state of the negotiations there are rumours May is going to push up the divorce to 38bn, which i reckon is still 7-12bn short of a final settlement figure but may kickstart trade talks

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Old Post20-11-2017 13:53 PM
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Matt
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Quote:
danj wrote on 20-11-2017 01:41 PM

We should have been negotiating trade deal 'talks' long before that backbone-less pig fucker's cowardly referendum call on independence from the EU was made.

Fucking prick you are Cameron, I sincerely can't wait for the day that karma fucks you in the slowest and most horrific way possible, the same way you've fucked our country.

Fucking, cunt.



Ermmm I don't think you understand the EU - we couldn't negotiate trade deals, still can't until 2019.

Anyway, why would we want to? We pay EU bureaucrats shed loads of money to do that, and compromise with the other 27 member states.

Cameron's problem was he promised a lot and risked asking the ultimate question on the back of his negotiations, all the while telling the EU we wouldn't vote leave.

Far better to go the Dutch or Irish route and have a referendum on one of the treaties, you know the ones successive UK governments have signed into law without so much as a by-your-leave.

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Old Post20-11-2017 13:54 PM
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Quin.
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Registered: Oct 2010
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Location: london

Quote:
Matt wrote on 20-11-2017 01:54 PM

Ermmm I don't think you understand the EU - we couldn't negotiate trade deals, still can't until 2019.

Anyway, why would we want to? We pay EU bureaucrats shed loads of money to do that, and compromise with the other 27 member states.

Cameron's problem was he promised a lot and risked asking the ultimate question on the back of his negotiations, all the while telling the EU we wouldn't vote leave.

Far better to go the Dutch or Irish route and have a referendum on one of the treaties, you know the ones successive UK governments have signed into law without so much as a by-your-leave.



Yeah, which means Liam Fox has been basically pointless, which at least was official this time rather than just his natural state

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Old Post20-11-2017 14:00 PM
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Matt
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Location: Surrey



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Quote:
danj wrote on 20-11-2017 01:43 PM

Yet you voted to leave based on some of these, fallacies Scratches Chin



No, I answered the question and voted to leave the EU. Not the EEA.

Of course that would require the 3 principles remain intact but would avoid the need for trade talks as we'd still have everything in place. We'd just be negotiating the price and, in that scenario, payment would be ongoing so the EU wouldn't be completely fucked.

You voted remain so I presume you're comfortable with the European Army, common foreign policy, central taxation etc. etc. etc. Scratches Chin

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Old Post20-11-2017 14:02 PM
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Matt
V2.0

Registered: Apr 2002
Posts: 17728 - Threads: 847
Location: Surrey



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2016
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Quote:
Quin. wrote on 20-11-2017 01:53 PM

I can understand what he is saying though, we can't just pick and choose the best bits for ourselves, they won't accept it, this is something that will hit London (and our tax receipts) hard but will also damage Europe at least initially due to how interlinked all the services are over here, it helps everyone. I know that Khan has been pushing for something along these lines.

As for the state of the negotiations there are rumours May is going to push up the divorce to 38bn, which i reckon is still 7-12bn short of a final settlement figure but may kickstart trade talks



That's the point of "negotiation" and the EU position insisting we agree the bill before we talk about the benefits is ludicrous.

Let's say we get a free trade deal, how much would that be worth? £50b maybe, or how about £12b a year, ongoing?

That would please the EU, business as usual from a financial perspective, but the UK would probably want trade as usual, in return.

Oh wait, that's the same as we currently pay Scratches Chin in fact it looks very much like an EEA deal.

No Irish border to worry about, no threat to financial institutions, far less uncertainty, just a matter of price.

This needs constructive discussion from all sides and everything I'm seeing suggests we're all heading for the cliff.

My question is whether there will be a 11th hour break through, when the bluffs have been called.

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Old Post20-11-2017 14:10 PM
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Quin.
???

Registered: Oct 2010
Posts: 33316 - Threads: 426
Location: london

Quote:
Matt wrote on 20-11-2017 02:10 PM

That's the point of "negotiation" and the EU position insisting we agree the bill before we talk about the benefits is ludicrous.

Let's say we get a free trade deal, how much would that be worth? £50b maybe, or how about £12b a year, ongoing?

That would please the EU, business as usual from a financial perspective, but the UK would probably want trade as usual, in return.

Oh wait, that's the same as we currently pay Scratches Chin in fact it looks very much like an EEA deal.

No Irish border to worry about, no threat to financial institutions, far less uncertainty, just a matter of price.

This needs constructive discussion from all sides and everything I'm seeing suggests we're all heading for the cliff.

My question is whether there will be a 11th hour break through, when the bluffs have been called.



Ludicrous or not it is what it is and it won't change, this is our act of self-harming, not theirs.

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Old Post20-11-2017 14:14 PM
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