After Brexit, the UK has no choice but to become an American vassal state?

[sandyf]

1 hour ago, billd766 said:

Oh I am very happy except from the incessant whining coming from the Remainers who STILL cannot accept that they lost in the referendum and again in the General election last week.

That is a bit strong Bill, it is not about winning or losing, more to do with concern over the future. There will be a huge problem with Scotland because they see a better future with Europe than they do with the US.

Only the naive would get into bed with any US administration as Tony Blair found out to his cost.

The EU recognised the potential pitfalls in the US trade deal and demanded changes which brought negotiations to an end. Do you really think that the UK will have the will or the clout to make similar demands, hardly likely. Future generations will pay dearly for going in that direction.

The best deal was already available but failing that next best would be close alignment with the EU rather than the US. The current case on surrogacy is a good indicator, it has already been voiced that the UK should adopt the US method, commercialise surrogacy, the thin end of the wedge. 

 

[Grumpy John]

I remember when Britain was Great.   Before the political class got GB into the EU.  What you have to look at is why were the politician's so hell bent on the union. I am guessing there was boat loads of money to be made....one way or another or they wouldn't have bothered with it.  

[Jip99]

2 minutes ago, Grumpy John said:

I remember when Britain was Great.   Before the political class got GB into the EU.  What you have to look at is why were the politician's so hell bent on the union. I am guessing there was boat loads of money to be made....one way or another or they wouldn't have bothered with it.  

Actually we were in the sh!t before we joining the EEC........ you are correct in saying that becoming part of the enlarged EU created the issues from which we have now voted to extricate ourselves.

[sirineou]

5 minutes ago, Grumpy John said:

I remember when Britain was Great. 

Good to see that you still retain your memory at your age

[Jip99]

11 minutes ago, sandyf said:

That is a bit strong Bill, it is not about winning or losing, more to do with concern over the future. There will be a huge problem with Scotland because they see a better future with Europe than they do with the US.

Only the naive would get into bed with any US administration as Tony Blair found out to his cost.

The EU recognised the potential pitfalls in the US trade deal and demanded changes which brought negotiations to an end. Do you really think that the UK will have the will or the clout to make similar demands, hardly likely. Future generations will pay dearly for going in that direction.

The best deal was already available but failing that next best would be close alignment with the EU rather than the US. The current case on surrogacy is a good indicator, it has already been voiced that the UK should adopt the US method, commercialise surrogacy, the thin end of the wedge. 

 

 

Scotland/Sturgeon is a minor irritation with a disproportionate number of seats - that fortunately now have minimal value as bargaining chips.
 

Only a fool would not consider a trading relationship with USA. It has never been an equal relationship but even as our strongest allies we don’t need to fully bend over.

[sandyf]

35 minutes ago, DaRoadrunner said:

Not such a bad idea actually!

The EU will still have to trade with us in some form as we are interdependent. Plus Britain will be free to enter into trade agreements with other countries.

 

Really. The US has Free Trade agreements with only 20 countries as opposed to the EU with around 70 countries.

Of the 20 countries that the US has an FTA, only Canada is a major economy, and that trade deal was declared unsuccessful and has just been renegotiated.

 

Now tell us how come the largest economy in the world has so much difficulty negotiating a free trade agreement.

[Fairynuff]

4 minutes ago, Jip99 said:

Only a fool would not consider a trading relationship with USA. I

Which is why we already have one, so why leave the EU?

[sandyf]

1 hour ago, Fairynuff said:

I’m full of admiration for your unlimited optimism. The present dip in the GBP of over 3 years isn’t exactly short term however. Hold on to your optimism because you’re going to need it.

Quite, so much for the recovery, just taken a bit of a tanking, back below 40 on the baht.

[Fairynuff]

2 minutes ago, sandyf said:

Quite, so much for the recovery, just taken a bit of a tanking, back below 40 on the baht.

Currently around 1% down on the USD and EUR. Johnson just made a no deal disaster pretty much inevitable 

[sawadee1947]

1 hour ago, allanos said:

The present dip in the sterling exchange rate is a short-term event, and will lead to recovery, over time

Oh wonderful, we have another clairvoyant on TV. ????????????

[sniggie]

11 minutes ago, Fairynuff said:

Currently around 1% down on the USD and EUR. Johnson just made a no deal disaster pretty much inevitable 

Probably the price for getting Farage to stand his party down. That and a peerage.

[RichardColeman]

9 hours ago, Rocking Robert said:

You can always become the 51st state.  

I guess then the powers that be would allow the UK to have an NFL team, rather than be running scared that a 'foreign' team become world champions in a one country competition    ????

[Jip99]

1 hour ago, Fairynuff said:

Which is why we already have one, so why leave the EU?

Been there, answered that one.

[melvinmelvin]

6 minutes ago, Jip99 said:

 

You must have such a sad life if you gleefully post every time there is a negative exchange rate movement.

 

It is as interesting, and useful, as reporting on bowel movements.

 

not commenting on the gleefully bit,

but many are interested in FEX fluctuations

 

[Jip99]

1 minute ago, melvinmelvin said:

 

not commenting on the gleefully bit,

but many are interested in FEX fluctuations

 

 

Not when posted on these threads...... the motive extends beyond ‘interest’.

[billd766]

3 hours ago, Fairynuff said:

Show me any comment I’ve made which constitutes whining about losing. I haven’t lost anything which you don’t seem to get so I suggest you move along now.

Nah I can't be bothered moving along when amateurs suggest that. Take your own advice. 

[Fairynuff]

1 hour ago, sawadee1947 said:

Oh wonderful, we have another clairvoyant on TV. ????????????

Run out and buy all the GBP you can get your hands on...there’s a recovery coming

[intheheartoftheheart]

I think Britain is getting a jump-start on the whole thing.

 

I'd be shocked if the EU, in its current form, existed in 10 years. 

 

 

[Fairynuff]

28 minutes ago, billd766 said:

Nah I can't be bothered moving along when amateurs suggest that. Take your own advice. 

Where you’re concerned consider it done, I’ll stick with the brighter ones.

[Fairynuff]

4 minutes ago, intheheartoftheheart said:

I think Britain is getting a jump-start on the whole thing.

 

I'd be shocked if the EU, in its current form, existed in 10 years. 

 

 

Of course it won’t, only the UK is regressive 

[CG1 Blue]

8 hours ago, OneMoreFarang said:

Did you read the article?

Exactly which part is not true?

 

Obviously most of the things related to Brexit will only happen after Brexit is completely done. And that includes the transition period which is currently planned until end of 2020. You also still pay for the pleasure to be in the EU until end of 2020. That should be a hint for you that didn't leave until then.

I did read it. It's all speculation based on negative outcomes, ignoring any positive outcomes. It's predictions from someone who was pushed out of the NIESR, trying to make a name for himself. He is not talking about facts.  The facts will only be known several years down the line. 

And a transition period is perfectly sensible. I'd rather an orderly departure, even if that means waiting a year or so more. 

[sirineou]

5 minutes ago, CG1 Blue said:

The facts will only be known several years down the line. 

The facts are known now, the results will be known down the line. 

[CG1 Blue]

8 hours ago, flossie35 said:

There are other options. The sensible one is to remain - and the majority of general election votes went to remain parties. Second best is BINO - brexit in name only _ where nothing changes except we no longer have a voice in Brussels. Taking back control??? Haha. We should never sign a trade agreement with US.

Can you please explain how the majority of GE votes went to remain parties? 

Labour's manifesto was for a new Brexit deal and a 2nd referendum. That's not remain, and you can't possibly assume the 32% who voted Labour were all remainers. 

 

[OneMoreFarang]

11 minutes ago, CG1 Blue said:

It's all speculation based on negative outcomes, ignoring any positive outcomes.

The problem is that there are a lot more likely lots of negative outcomes.

 

Because if there would be any positive outcomes then by now they should be known. Where is the list with the possible positive outcomes of Brexit? It seems for a long time now the main reason for Brexiters to support Brexit is to honor the 52% result. Ok, that's an argument which I understand. But where are all the other arguments what will be so much better in the future? And please not only dreams like that wonderful but totally unrealistic trade deal with the USA.

[CG1 Blue]

5 hours ago, Pedrogaz said:

Expect to see US companies running our hospitals generating vast profits with their executives flying around in private jets at out expense

Generating vast profits from our NHS - the same NHS that requires more and more billions of funding every year? How are they going to profit from an organisation that bleeds cash to this extent?

Plus the new government are in the process of securing £34bn of NHS funding by 2023 by putting the spending pledge into law. 

I think people are unduly concerned about this NHS privatisation stuff. 

[CG1 Blue]

23 minutes ago, sirineou said:

The facts are known now, the results will be known down the line. 

The article we were discussing is about speculation, not facts. If somebody says our GDP will take an 8% hit in 10 years as a result of the UK leaving the EU, that's speculation not fact. If in 10 years our GDP has taken an 8% hit as a result of leaving the EU, then it will become fact. 

No human being can make accurate 10 year economic predictions with so many permutations and unknowns. 

[sawadee1947]

1 hour ago, Fairynuff said:

Run out and buy all the GBP you can get your hands on...there’s a recovery coming

Ouch, I got ya 

[sirineou]

8 minutes ago, CG1 Blue said:

The article we were discussing is about speculation, not facts. If somebody says our GDP will take an 8% hit in 10 years as a result of the UK leaving the EU, that's speculation not fact. If in 10 years our GDP has taken an 8% hit as a result of leaving the EU, then it will become fact. 

No human being can make accurate 10 year economic predictions with so many permutations and unknowns. 

I understand what you are trying to say ,but....

Speculation based on facts. That's how projections are made. You might disagree with the projections, but most economists agree that based on the facts, those would be the projections. 

Since you all seem to be going ahead with this endeavour, I hope they are wrong.

 

 

 

 

[CG1 Blue]

41 minutes ago, sirineou said:

I understand what you are trying to say ,but....

Speculation based on facts. That's how projections are made. You might disagree with the projections, but most economists agree that based on the facts, those would be the projections. 

Since you all seem to be going ahead with this endeavour, I hope they are wrong.

 

 

 

 

And I understand what you're trying to say. But, the speculation is based on assumptions not facts. For example, an economist might say we currently do x amount of trade with the EU (which is the factual part), and then make a speculative assumption on the amount of trade we will do in the future, without yet knowing what sort of deal with the EU we'll end up with, and without knowing the infinite possibilities and permutations across the global economy over that period of time. 

 

It's educated guesswork, and that inevitably leads to subconscious bias. 

[Jip99]

1 minute ago, melvinmelvin said:

 

not commenting on the gleefully bit,

but many are interested in FEX fluctuations

 

 

Not when posted on these threads...... the motive extends beyond ‘interest’.