REFERENDUM RESULTS AND DISCUSSION THREAD

[Sniffer]

Mmm....those free trade deals with the likes of Japan and South Korea who aren't prepared to give the same benefits as their trade deals with Europe. Who would have thought a country on its own wouldn't have the same bargaining power as a block of 28 nations?

 

[jdrodrigues]

I can see how that benefits the less wealthy countries in the EU, but I really don’t see how it benefits the UK, especially as we have a different currency and are not landlocked.

On each individual one:

Political: I’m not sure the Countries that were part of the EU prior to opening up in 2004 would ever be getting close to war. Remember only nearly half of the Countries only joined 15 years ago, which in my opinion is when most of the problems (Or disdain) started.

Financial: I think this is just something that would have happen regardless of the EU. There are plenty of free trade deals and I’m sure European countries would have agreed these deals regardless of the bloc. In fact I’d say the deals would have had better compromises at individual country level than they would in a bloc. It may be protectionism, but I’m not sure that is always a bad thing.

Economic: Again, for me this is only good for Countries that are net benefactors from EU money. I’m also not sure huge subsidies for certain sectors is a good thing as you may as well just put it into the public sector.

Social/Education: I don’t disagree.

Other indirect benefits: I’m not sure this is necessarily due to the EU been formed as it happens with people from Non EU countries and also happened in the EU before 1992.

I'll keep addressing each one.

Political: Imeant peace for everyone, not only the eastern ones, but there hasn't been a war in Europe since WWII. The EU, in all its forms, is a big reason for that. Furthermore, a united voice of 28 countries carries more weight than 28 different voices in the matters of the world. A sanction by the EU is not the same as a sanction by the UK or Portugal. Didn't think about this fact before.

Financial: The UK not being in the eurozone is its own fault though, it could have joined. Sure some countries might have developed trade agreements, but none would be as far reaching as the european block, with all that it brings both goods and bad. The ex

Economic: https://researchbriefings.parliament.uk/ResearchBriefing/Summary/CBP-7847 - According to this site, the UK receives, and allocates, a lot of EU funds. Plus the remaining benefits and access to international goods, services and people, I quite like to think it evens out between what is given and received.

Others: It happened, but not to the current extent.

 

[Penk Wolf]

It certainly doesn’t even out. Here is the table and hence why a lot of people voted to leave.

 

[Deutsch Wolf]

Our net contribution in 2017 was around £9bn. Sounds a lot, but it's about 0.3% of GDP.

Rest assured we will lose a lot more than 0.3% of GDP when we leave, whatever happens.

 

[jdrodrigues]

It certainly doesn’t even out. Here is the table and hence why a lot of people voted to leave.

What evens out is the ratio of contribution and funding received, in terms of the UK. Not across the entire EU.

 

[leedswolf]

It certainly doesn’t even out. Here is the table and hence why a lot of people voted to leave.

Clearly voting to leave based on a contribution into a system they don't understand.

 

[Penk Wolf]

What evens out is the ratio of contribution and funding received, in terms of the UK. Not across the entire EU.

It doesn’t though.

 

[Penk Wolf]

Our net contribution in 2017 was around £9bn. Sounds a lot, but it's about 0.3% of GDP.

Rest assured we will lose a lot more than 0.3% of GDP when we leave, whatever happens.

It’s a lot of money to spend on the NHS...

As I have stated previously, I’m not sure GDP will be effected by that much as the companies that are struggling to grow will benefit from those that will contract due to Brexit. That said, I think we are heading for a World recession due to the car industry.

 

[jdrodrigues]

It doesn’t though.

http://researchbriefings.files.parl...sets/47a02919-2e71-4a02-9831-4dbe4c2db176.png

According to both of these, sure the UK received less, but the difference is not as huge as one may be led to believe. And I firmly believe the difference is balanced out through the other benefits that may not be fungible.

 

[leedswolf]

It’s a lot of money to spend on the NHS...

As I have stated previously, I’m not sure GDP will be effected by that much as the companies that are struggling to grow will benefit from those that will contract due to Brexit. That said, I think we are heading for a World recession due to the car industry.

The car industry? I would have thought that the trade war between US and China, a down turn in global growth and Brexit would be more significant contributions.

 

[Sniffer]

Oh no. The ferry company with no ferries or a workable port to operate from has had its government contract cancelled. Is it time to think about chartering a flotilla of small boats to cross the north sea and English channel to bring vital supplies back to blighty?

 

[Penk Wolf]

The car industry? I would have thought that the trade war between US and China, a down turn in global growth and Brexit would be more significant contributions.

Most G20 countries growth is still pretty strong (including both US and China) excluding Germany of course, so no I don’t think it will be down trade war between US and China or a slow down in global growth.

 

[Kenny]

Government cancels Brexit ferry contract with no-ship firm

Who would have thought a company with as many ferries as myself were a bad choice to give a shipping contract

 

[leedswolf]

Most G20 countries growth is still pretty strong (including both US and China) excluding Germany of course, so no I don’t think it will be down trade war between US and China or a slow down in global growth.

So a recession will be because of US tariffs on European cars?

 

[Penk Wolf]

No, because of the decline in Diesel engine due to emission when neither electric engines or the manufacturers are ready.

 

[Johnny75]

No, because of the decline in Diesel engine due to emission when neither electric engines or the manufacturers are ready.

I think this is a myth. Both are ready, it's the infrastructure around them that isn't. There's plenty of lobbying from the oil companies on this and they are using the auto industry as their weapon of choice.

They are up against the power giants though so this could get very messy.

 

[Tredman]

Yeah, the new VW / Audi electronic platform comes out this year. That is a game changer.

 

[Johnny75]

Yeah, the new VW / Audi electronic platform comes out this year. That is a game changer.

Mercedes, BMW, Jaguar and Nissan/ Renault have theirs too.

If I had the cash I'd be investing in battery tech as that's where the biggest growth will be in the next 5-10 years.

 

[Tredman]

Problem has been price though i think, I've wanted an electric car for ages, but can't afford one. Went in my boss's Tesla S last week and it was brilliant.

Nissan, VW and others will hopefully bring the price down.

 

[Penk Wolf]

Battery technology isn’t good enough and too expensive. If you do a long trip you’ll have to stop to charge, which certainly is no good for the business community.

The irony behind it all is that as it currently stands diesel is actually cleaner than electric, which will always be the case until renewables take over. Diesel engines are actually pretty clean nowadays.

Petrol is too expensive.