Consequences Of Brexit [Part 9] Read First Post Before Posting

[L00b]

The current furore about Merkel and Macron rejecting Johnson's call requests is quite funny, too.

 

[Mister M]

7 hours ago, retep said:

We'll see how much these contributions are missed when some of the eu countries have to contribute more.

It's going to hurt them, more than it's going to hurt us?

I think we've all grown rather wise to Brexiteer homilies that have been uttered over the last 5 years.

[hobinfoot]

58 minutes ago, L00b said:

The current furore about Merkel and Macron rejecting Johnson's call requests is quite funny, too.

 

Merkel and Macron didn’t reject Johnson’s call the EU did because they don’t want any possible attempt to divide them.

[retep]

29 minutes ago, Mister M said:

It's going to hurt them, more than it's going to hurt us?

I think we've all grown rather wise to Brexiteer homilies that have been uttered over the last 5 years.

Wait while RoI  have to pick up the bill, I can see dominoes and I don't mean pizza's.

[El Cid]

50 minutes ago, West 77 said:

Considering  the UK had an overall trade deficit of -£79 billion with the EU in 2019 then a no free trade deal will hurt the EU.

We have roughly doubled our exports to the EU over the past 20 years and they have roughly doubled their exports to the UK.

 

https://tradingeconomics.com/united-kingdom/imports-from-european-union

 

https://tradingeconomics.com/united-kingdom/exports-to-european-union?fbclid=IwAR3P3ERGOrCOTx2fE9bR005u9BJB6ro2kw1Ew5KhCHTF50ib4dNFr8K8Kh8

[RJRB]

1 hour ago, West 77 said:

Considering  the UK had an overall trade deficit of -£79 billion with the EU in 2019 then a no free trade deal will hurt the EU.  Germany and Ireland will be hurt the most.  The UK by comparison had a trade surplus of £49 billion with non-EU countries in 2019. Any country that has a huge overall trade deficit shouldn't be afraid to walk away from trade deals.  It makes sense to trade on WTO terms from 1st January if the deal on offer from the EU is not right for the UK and doesn't respect our sovereignty.  A future trade deal can always be agreed at a later date with the EU. 

Why do you insist on arguing from the standpoint of which party will suffer the most.

If we have a trade deficit with any country or trading bloc it is because we see the need to import goods or services as a necessity or for our quality of life.

If we continue to want the goods and services which will now be subject to tariffs then our trade deficit will increase with the EU bloc unless we miraculously find a way to increase exports.

I am sure that Germany will have a substantial trade surplus with nonEU countries as well (much more than the U.K.)because they have been successful in developing their engineering sector as the UK declined.

Our financial sector has been a world leader,but Brexit has opened the door for others  to step in.

Not only has Johnson wasted at least a couple of years in preparing for an orderly exit,but latterly he seems to have created a particularly toxic relationship with the major countries of the EU,which does our nation no favours.

His gung ho stuttering rallying calls are just bluster that didn’t work in negotiations and don’t wash with the majority of those in industries that have to try to develop their business.

 

[El Cid]

1 hour ago, RJRB said:

Why do you insist on arguing from the standpoint of which party will suffer the most.

If we have a trade deficit with any country or trading bloc it is because we see the need to import goods or services as a necessity or for our quality of life.

That is it exactly. If we import more goods, do we need to up our game, or is it just that we have expertese in other areas.

Will leaving the EU help, since we have free trade already, I guess not. That is what the Brexiteers want, 100% free trade.

Will leaving the EU help in other areas, that is what they think. Lets get on with it.

Might be a good idea to stock up on essential items though, things are not going well.

[Longcol]

2 hours ago, El Cid said:

That is it exactly. If we import more goods, do we need to up our game, or is it just that we have expertese in other areas.

Will leaving the EU help, since we have free trade already, I guess not. That is what the Brexiteers want, 100% free trade.

Will leaving the EU help in other areas, that is what they think. Lets get on with it.

Might be a good idea to stock up on essential items though, things are not going well.

Given that the £ is dropping all the time against the euro, stocking up will cost more all the time.

 

100% free trade between  nations doen't exist - it's regulated by trade agreements or WTO rules - rules / agreements which impinge on "sovereignty".

Edited December 11, 2020 by Longcol

[melthebell]

3 hours ago, RJRB said:

 

Not only has Johnson wasted at least a couple of years in preparing for an orderly exit,but latterly he seems to have created a particularly toxic relationship with the major countries of the EU,which does our nation no favours.

Exactly my thoughts, all this shouting at, foot stamping, laying blame, telling lies, threats, threatening to ditch already agreed agreements does not paint us anything other than untrustworthy petulant children which people wouldnt want to do business with, or not from close range anyway.

We are supposed to be "great", morally upstanding, someone you would be proud to do business with, sadly we are destroying our own image...for what? a load of crap basically

[Mister M]

7 hours ago, L00b said:

The current furore about Merkel and Macron rejecting Johnson's call requests is quite funny, too.

 

The responses to Brexiteer MP Andrew Bridgen on this issue are worth a read:

Andrew Bridgen on Twitter: "I am with Imran" / Twitter