Free Trade Post Brexit?

Discussion in 'Bulletin Board' started by orsenkaht, Apr 4, 2018.

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  1. orsenkaht

    orsenkaht Well-Known Member

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    It seems that Trump has started a rapidly-increasing trade war with China (see news pages today). How many of these can we trade freely with at the same time in the brave new world we were promised?

    US $19Trillion GDP
    EU $17Trillion
    China $11Trillion

    (Our GDP is c.£2.5Trillion, same as France's; Germany $3.6Trillion, India $2.4Trillion).
     
    orsenkaht, Apr 4, 2018
    #1
  2. Sco

    Scoff Well-Known Member

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    Brexit means Brexit.

    You can interpret that as you wish. I choose to interpret is as a decade or so of economic damage with a very slim chance of anything positive for the vast majority of the population. I could be wrong (and really hope I am), but I seriously doubt anyone who isn't already a multi-millionaire will benefit.
     
    Scoff, Apr 4, 2018
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  3. Til

    Tilertoes Well-Known Member

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    My eardrums will benefit because once we’ve left that will be the end of the matter and the country will have to get on with it.
    I can’t decide which is the most dogger subject on this football forum, brexit or January 17.
     
    Tilertoes, Apr 4, 2018
    #3
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  4. DusThaNoIII

    DusThaNoIII Well-Known Member

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    “Can’t wait to live in my economic squalor and enjoy a nice bit of peace and quiet”
     
    DusThaNoIII, Apr 4, 2018
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  5. Sco

    Scoff Well-Known Member

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    It won't be the end of it though. Unless it is a complete and absolute success for everybody and continues to be so, it will be a subject at every election until we rejoin.
     
    Scoff, Apr 4, 2018
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  6. Mark Stephenson

    Mark Stephenson Well-Known Member

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    Brexit fears way overdone imo - UK still growing, still creating jobs when many people said we would be in **** creak - the last thing Europe needs right now is issues with the UK leaving - We run a massive trade deficit with the EU and the EU will not want this disrupted - they have enough issues atm - Italian Banks, Greek debt, etc - so another issue is something they can do without - onwards and upwards for UK Plc
     
    Mark Stephenson, Apr 4, 2018
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  7. Jimmy viz

    Jimmy viz Well-Known Member

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    The more I think about Brexit the more I wish we would get on with it. We will then within 10 years go running back tail between our legs accepting the Euro and everything else. Putting an end to British exceptionalism and the daft little Englander mentality. Bring it on.
     
    Jimmy viz, Apr 4, 2018
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  8. Mark Stephenson

    Mark Stephenson Well-Known Member

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    Mark Stephenson, Apr 4, 2018
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  9. Micky Finn

    Micky Finn Well-Known Member

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    https://www.theguardian.com/politics/2018/mar/31/manufacturing-firms-plan-job-cuts-after-brexit
     
    Micky Finn, Apr 4, 2018
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  10. Mark Stephenson

    Mark Stephenson Well-Known Member

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    We will never accept the Euro mate - it is a flawed concept - this is one of the main reasons Greece cannot return to growth - it depends on tourism and cannot devalue its currency to increase its growth as it is tied to the Euro - thank god we never accepted it -
     
    Mark Stephenson, Apr 4, 2018
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  11. Mark Stephenson

    Mark Stephenson Well-Known Member

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    Mark Stephenson, Apr 4, 2018
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  12. Redstar

    Redstar Well-Known Member

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    Nowt to do with God. Unless you really like Gordon Brown...
     
    Redstar, Apr 4, 2018
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  13. Micky Finn

    Micky Finn Well-Known Member

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    Micky Finn, Apr 4, 2018
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  14. Sco

    Scoff Well-Known Member

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    Just out of interest Mark, what do you do?
     
    Scoff, Apr 4, 2018
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  15. sadbrewer

    sadbrewer Well-Known Member

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    sadbrewer, Apr 4, 2018
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  16. Jimmy viz

    Jimmy viz Well-Known Member

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    We won’t have a choice if we want to renter and we will. Anyone with even the most very basic grasp of economics know we are screwed. It’s why the EU have barely budged since the start of ‘negotiations’. In terms of growth we have gone from the highest in the eU 27 to the lowest. As I said bring it on.

    Leaving things like Euratom is both dangerous and will be incredibly expensive. Ditto any solutions for the Irish Border.
     
    Jimmy viz, Apr 4, 2018
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  17. Mark Stephenson

    Mark Stephenson Well-Known Member

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    Mark Stephenson, Apr 4, 2018
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  18. Mark Stephenson

    Mark Stephenson Well-Known Member

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    Mark Stephenson, Apr 4, 2018
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  19. Ses

    Sestren Well-Known Member

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    Agreed. Even if Brexit isn't an unqualified disaster, it's going to be nowhere near positive enough to change the minds of anybody who voted remain last time around. A quick look at the demographics of that vote should make it clear that any time spent outside of the EU will be temporary.
     
    Sestren, Apr 4, 2018
    #19
  20. sadbrewer

    sadbrewer Well-Known Member

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    The reason they've barely budgeted is because they can't agree yet where the missing €10-13 billion is going to come from.....

    With Brexit, the European Union is losing one of its biggest donors. By the end of 2020 , the British want to continue to transfer their contributions to the EU budget, but after that there is a huge gap. Ten to 13 billion euros are missing then per year, estimates the European Commission, because London as a member of the Union pays more than it gets out. That alone is a big blow to the European redistribution machine. And that's not all: The Heads of State and Government are determined to invest significantly more in the protection of the external borders, the counter-terrorism and the defense. But where will the money come from, if there is less to distribute anyway after Brexit?

    On 23 . For the first time in February, EU leaders want to talk about this at a summit. Sure, it's about money, but basically a lot more. The dispute over the next seven-year financial framework from 2021 reveals all the conflicts that are currently affecting Europe. The focus is on the question: what about mutual solidarity? And how high may the price be

    http://www.sueddeutsche.de/wirtschaft/brexit-loch-eu-haushalt-1.3854593
     
    sadbrewer, Apr 4, 2018
    #20
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