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TOPIC: Brexit deadlock
#167258
Brexit deadlock 2 Months ago Karma: 50
Watching the two sides is like seeing two very bad dealers in an Arabic medina haggling over a rather tacky carpet that is actually not worth a penny.
 
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#167273
Re:Brexit deadlock 2 Months ago Karma: 3
They keep saying we can trade with the whole world now, but trade what? What exactly do we produce and sell?
 
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#167297
Re:Brexit deadlock 2 Months ago Karma: 50
Yes it's very odd Honey; there seems little or no sense at all around the Brexit question. Rather like the desperate desire to get laws and regulations back under our control. Why on earth would anybody think we were any better or worse than other European nations?
 
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#167299
Spee32HR

Re:Brexit deadlock 2 Months ago  
honey!oh sugar sugar. wrote:
They keep saying we can trade with the whole world now, but trade what? What exactly do we produce and sell?

We're the 5th largest economy in the world !

Google is your friend...


 
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#167301
In The Know

Re:Brexit deadlock 2 Months ago  
honey!oh sugar sugar. wrote:
They keep saying we can trade with the whole world now, but trade what? What exactly do we produce and sell?

... and who are those countries trading with now?
WHY would they dump their existing outlets to trade with us?

Lunacy !
 
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#167303
In The Know

Re:Brexit deadlock 2 Months ago  
honey!oh sugar sugar. wrote:
What exactly do we produce and sell?

we're good at banking and financial services, honey!
(but they are all moving to Frankfurt as soon as Brexit is sealed) LOL !
 
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#167319
Spee32HR

Re:Brexit deadlock 2 Months ago  
In The Know wrote:
honey!oh sugar sugar. wrote:
What exactly do we produce and sell?

we're good at banking and financial services, honey!
(but they are all moving to Frankfurt as soon as Brexit is sealed)


Simply untrue.

Many countries - like the UK - have large percentages (70%+) if their GDP emanating from the financial services industry.

These include:-

USA
Japan
Germany
France
Italy
Spain
Netherlands
Switzerland
Sweden
Belgium
Denmark

...but there are more...


 
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#167336
Spee32HR

Re:Brexit deadlock 2 Months ago  
At the very bottom of the vast finance industry is microfinance - the mechanism to provide modest finance to the very poor in the world.

NGOs do their best; moneylenders (and the like) do their worst - to take advantage of the most vulnerable. To whom, $5 is critical.

One spinoff of global finance is the ability (sometimes) for a baby's father to borrow - for his/her medicine.
 
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#168120
In The Know (as always !)

Re:Brexit deadlock 1 Month, 1 Week ago  
In The Know wrote:
we're good at banking and financial services, honey!
(but they are all moving to Frankfurt as soon as Brexit is sealed) LOL !


The Bank of England believes that up to 75,000 jobs could be lost in financial services following Britain's departure from the European Union.

I understand senior figures at the Bank are using the number as a "reasonable scenario", particularly if there is no specific UK-EU financial services deal.

The number could change depending on the UK's post-Brexit trading relationship with the EU.

But the bank still expects substantial job losses. Many jobs will move to the continent.

all from BBC front page story - www.bbc.co.uk/news/business-41803604
 
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#168121
Spee32HR

Re:Brexit deadlock 1 Month, 1 Week ago  
The word 'could' is prominent/recurring in that piece!

With over 1 million people (also quoted) employed in the financial services industry in the City and UK, the loss of 75,000 doesn't seem that significant.

A bigger threat is computerisation, allowing bank branches to operate on a skeleton staff.

With machines giving/accepting cash, processing loan applications/mortgages, dispensing foreign currency etc.


 
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#168124
My My

Re:Brexit deadlock 1 Month, 1 Week ago  
In The Know wrote:

The Bank of England believes that up to 75,000 jobs could be lost in financial services following Britain's departure from the European Union.

all from BBC front page story - www.bbc.co.uk/news/business-41803604


As these are highly paid jobs the knock-on effect could be substancial as their earning capacity is probably "supporting" many other jobs too.
 
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#168135
In The Know

Re:Brexit deadlock 1 Month, 1 Week ago  
My My wrote:
As these are highly paid jobs the knock-on effect could be substancial as their earning capacity is probably "supporting" many other jobs too.

Quite right ... also probably less investment will follow too (as the bankers - now in Frankfurt - will want to keep a close eye on future deals)
 
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#168149
hedda

Re:Brexit deadlock 1 Month, 1 Week ago  
it's not just the fact that most countries that the UK could trade with already have deals locked in with other countries and they involve years and years of cross trade.

Part of the arrogance of the British as successfully exploited by the Brexit Mob is that for some reason the rest of the world would simply drop the deals they already have because, well because Britain is Britain.

And then the pesky matter that there are NO British Trade Negotiators as the EU has taken that role and it's estimated the UK needs at least 5000 to conclude deals that may take years to negotiate.

Australia lent the UK 5 negotiators for training- now recalled to work back at home.

And one day someone may come with an answer as to what this "sovereignty" claptrap is that people think they are getting back.

Not only is it a fantasy, it sounds like a concept that means different things to different people..such as those market stall holders in Margate who bizarrely think their market will again thrive because they voted Brexit.

## Nigel Farage will go to jail as Russia's role becomes more and more apparent in the Brexit campaign. Let's hope it's in the USA.
 
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#168152
In The Know

Re:Brexit deadlock 1 Month, 1 Week ago  
Please tell me who wrote the above for you ... such sanity cannot have come from you, can it?
 
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