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The Brexit Thread (LOCKED)


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hedgehog50 Flag Croydon 16 Mar 17 1.07pm

I see that Toyota are investing £240 million in their UK factories. Bloody Brexit, I expect it would have been £240 million and 99p if it wasn't for the appalling uncertainty generated by the insane decision to leave the EU.

 


We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men. [Orwell]

steeleye20 Flag Croydon 16 Mar 17 1.50pm

It is not so simple as that as you know.

'the European boss of Toyota warned tariff-free access to Europe was vital to the future success of the plant'.

That is roughly the position with Nissan and Peugeot-Citroen whether they will continue in the UK is subject to review understandably but its not guaranteed as the tories are making out.

You don't mention either that the taxpayer has contributed 22 millions to this deal the govt. can not bribe every company to stay.

Tariff-free can only mean single market do they know something we don't?

 

elgrande Flag bedford 16 Mar 17 2.02pm

Originally posted by steeleye20

It is not so simple as that as you know.

'the European boss of Toyota warned tariff-free access to Europe was vital to the future success of the plant'.

That is roughly the position with Nissan and Peugeot-Citroen whether they will continue in the UK is subject to review understandably but its not guaranteed as the tories are making out.

You don't mention either that the taxpayer has contributed 22 millions to this deal the govt. can not bribe every company to stay.

Tariff-free can only mean single market do they know something we don't?

How many other countries offer incentives to attract massive investment,you call it a bribe,they call it training and research monies.


Just goes to prove,we can survive the financial hell that is brexit.


Y


 


always a Norwood boy, where ever I live.

jamiemartin721 Flag Reading 16 Mar 17 3.18pm

Originally posted by steeleye20

It is not so simple as that as you know.

'the European boss of Toyota warned tariff-free access to Europe was vital to the future success of the plant'.

That is roughly the position with Nissan and Peugeot-Citroen whether they will continue in the UK is subject to review understandably but its not guaranteed as the tories are making out.

You don't mention either that the taxpayer has contributed 22 millions to this deal the govt. can not bribe every company to stay.

Tariff-free can only mean single market do they know something we don't?


I guess it would depend on how much that plant is worth in tax revenue. If it generates say 50-60m a year in revenue, a one off payment of 22m is a good call.

Of course companies will be partially gambling on the fact that the UK will have to massively low corporation taxes etc if tariffs raise against the UK.

 


"One Nation Under God, has turned into One Nation Under the Influence of One Drug"
[Link]

corkery Flag Cork City 16 Mar 17 10.32pm

What do year make of the EU wanting customs on the Irish border? It couldn't be policed with thousands of soldiers, 50 customer officers isn't going to make a difference.

With regard to immigration, people could fly to Dublin, go to Larne and get the ferry across. No passport control between Ireland and Northern Ireland and there's no border between Northern Ireland and Britain.

 


We'll never die

hedgehog50 Flag Croydon 17 Mar 17 8.27am

FTSE 100 at record high again - bloody Brexit, think how much higher it would be without that suicidal decision of the people.

Edited by hedgehog50 (17 Mar 2017 8.28am)

 


We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men. [Orwell]

legaleagle Flag 17 Mar 17 8.32am

Mmm,,,

In 1929, economist Irving Fisher was jubilant,like you. “Stock prices have reached what looks like a permanently high plateau,” he rejoiced in the pages of the New York Times.

On Sept. 3, 1929, the Dow Jones Industrial Average swelled to a record high of 381.17.

Any idea what happened next?

 

.TUX. Flag 17 Mar 17 8.48am

Originally posted by hedgehog50

FTSE 100 at record high again - bloody Brexit, think how much higher it would be without that suicidal decision of the people.

Edited by hedgehog50 (17 Mar 2017 8.28am)

As with the IOUSA and the Dow, it's completely irrelevant as any kind of gauge of the 'real' economy.


 


Buy Litecoin.

DanH Flag SW2 17 Mar 17 10.02am

Originally posted by hedgehog50

FTSE 100 at record high again - bloody Brexit, think how much higher it would be without that suicidal decision of the people.

Edited by hedgehog50 (17 Mar 2017 8.28am)

It's because the £ is so low Einstein.

 

jamiemartin721 Flag Reading 17 Mar 17 10.07am

Originally posted by corkery

What do year make of the EU wanting customs on the Irish border? It couldn't be policed with thousands of soldiers, 50 customer officers isn't going to make a difference.

With regard to immigration, people could fly to Dublin, go to Larne and get the ferry across. No passport control between Ireland and Northern Ireland and there's no border between Northern Ireland and Britain.

Its reasonable in theory. I don't think its overly practical though other than as a formality, which is really the case with most of the internal European borders.

That border is one of the most notorious for smuggling.

 


"One Nation Under God, has turned into One Nation Under the Influence of One Drug"
[Link]

hedgehog50 Flag Croydon 17 Mar 17 11.02am

Originally posted by DanH

It's because the £ is so low Einstein.

The value of the pound fluctuates over time, it has been lower historically. Yesterday, it also rose strongly along with the FTSE, Albert. Both will continue to rise as the benefits of escaping from the EU accrue.

 


We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men. [Orwell]

Yellow Card - User has been warned of conduct on the messageboards Hrolf The Ganger Flag 17 Mar 17 11.58am

Originally posted by legaleagle

Mmm,,,

In 1929, economist Irving Fisher was jubilant,like you. “Stock prices have reached what looks like a permanently high plateau,” he rejoiced in the pages of the New York Times.

On Sept. 3, 1929, the Dow Jones Industrial Average swelled to a record high of 381.17.

Any idea what happened next?

Don Bradman scored another century?

 

hedgehog50 Flag Croydon 17 Mar 17 1.24pm

Originally posted by legaleagle

Mmm,,,

In 1929, economist Irving Fisher was jubilant,like you. “Stock prices have reached what looks like a permanently high plateau,” he rejoiced in the pages of the New York Times.

On Sept. 3, 1929, the Dow Jones Industrial Average swelled to a record high of 381.17.

Any idea what happened next?

Of course there are stock market booms and stock market crashes, that is the the nature of markets. Doesn't have much to do with being in or out of the EU though. Remainers predicted a major crash as soon as we voted to leave and it simply has not happened has it.

 


We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men. [Orwell]

nickgusset Flag Shizzlehurst 17 Mar 17 1.30pm

Originally posted by hedgehog50

Of course there are stock market booms and stock market crashes, that is the the nature of markets. Doesn't have much to do with being in or out of the EU though. Remainers predicted a major crash as soon as we voted to leave and it simply has not happened has it.

All of them?
Are you generalising something so that it is simpler for you to comprehend, rather than deal with both major differences and minor nuances among the views of a large group of people which might muddy the waters of your assertations?

Also isn't there a difference between when we voted to leave and when we do actually leave? That will be be the time to judge.

 

Yellow Card - User has been warned of conduct on the messageboards Hrolf The Ganger Flag 17 Mar 17 1.34pm

Originally posted by nickgusset

All of them?
Are you generalising something so that it is simpler for you to comprehend, rather than deal with both major differences and minor nuances among the views of a large group of people which might muddy the waters of your assertations?

Also isn't there a difference between when we voted to leave and when we do actually leave? That will be be the time to judge.

Lol

A Remainer at 22 the Glades in Bolton said it would be OK.

 

hedgehog50 Flag Croydon 17 Mar 17 4.07pm

Originally posted by nickgusset

All of them?
Are you generalising something so that it is simpler for you to comprehend, rather than deal with both major differences and minor nuances among the views of a large group of people which might muddy the waters of your assertations?

Also isn't there a difference between when we voted to leave and when we do actually leave? That will be be the time to judge.

Who said 'all of them'?
But are you seriously denying that leading Remainers predicted a stock market crash?
We are going to leave - clearly companies would be busy panicking if they indeed are going to.
You guys are like those religious groups that specify a date that the world is going to end, then continually have to revise the date when it doesn't.

Edited by hedgehog50 (17 Mar 2017 4.11pm)

 


We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men. [Orwell]

steeleye20 Flag Croydon 17 Mar 17 5.38pm

Don't really see your point as anything could happen with brexit and probably will.

It is just a leap in the dark I don't think that is disputed.

 

elgrande Flag bedford 17 Mar 17 5.46pm

Originally posted by steeleye20

Don't really see your point as anything could happen with brexit and probably will.

It is just a leap in the dark I don't think that is disputed.

But you Ave been one of the main soothsayers &#129300;

 


always a Norwood boy, where ever I live.

nickgusset Flag Shizzlehurst 17 Mar 17 6.11pm

Originally posted by steeleye20

Don't really see your point as anything could happen with brexit and probably will.

Will Rutland claim independence?

 

steeleye20 Flag Croydon 17 Mar 17 6.23pm

No point they won't get a start-up grant from the EU

I would be very keen on devolved regions from London in England tho.

Perhaps they can join Scotland as a new country all together.

Can't find any ref to Hitler today so 'Hitler' that's better.

 

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