Brexit Phase Two - Trade

Anyone assuming yesterdays market drop was solely caused by Brexit woes should know that yesterday the USA requested the arrest and extradition of an extremely senior Chinese Mobile Telephone Company Chief Finance Officer in Canada for allegedly dealing with Iran despite the US sanctions. This has caused Beijing to get very angry and the usual threats and bluster have ensued - this in turn panicked the US markets into a significant drop and then elsewhere.

On top of that little drama, Macron's parliamentary opponents yesterday announced they are putting forward a vote of no confidence which, bearing in mind Macrons rock bottom popularity, could very well succeed next Monday.

Sometimes its easy to ignore what's going on elsewhere and think its just the UK that has problems!

Incidentally, if Macron does get replaced I would highly suspect his successor wont be as much of a Penis pro EU numpty who has been the biggest single stumbling block against the UK getting a good deal.

Therefore, it strikes me that the EU would probably have to COME TO US cap in hand to request an A50 delay until the new geezer explains what he/she wants.

Any decent UK PM would pounce on this golden opportunity to exert pressure and concessions from the EU - sadly, we've got useless May and her sycophant EU lovers
 
I listened to a couple of financiers on the radio this morning talking about what McDonnell has publically stated in an interview - namely, that he accepts that a Corbyn/McDonnell led Labour govt will totally spook the finance/business sector which will crash the market as 'Capital Flight; occurs from the UK and that, as chancellor, he'd therefore need to immediately instigate 'Capital Controls'
- apparently, this was something another Labour govt had to do in the early 70s and it essentially meant that legal limits were put in place for how much money that you as an individual or a company could take out of the country e.g. going on holiday, as in simple terms not enough pounds sterling were left in circulation in the UK to be spent and generate taxes - so, the concern about the negative impact of Corbyn/McDonnell's Marxist policies is very real and present danger with a historical precedent.
Agreed. We may all have to suck it up, sadly. It will be the end result of a failure of politics that, imo, began with Blair, was continued with Cameron aping Blair, and came crashing down thanks to CMD's huge ego. There has also been a failure of centrist politics to deal with housing and that is a major issue with younger, pro-Corbyn, types.
 
I have come to the same conclusion. Younger voters need to experience a properly Socialist government. Until they do, they will not believe the warnings of older voters. Corbyn can only continue to be the messiah if he isn't made PM.
Blast you said it. I agree the young pre Cameron era need to experience the more extreme Labour views - TB didn't really count as he was a closet Tory. The Tory traditional voters so shown by the Con Home survey are now so disillusioned by TM and her cabinet, but please Lord let them see sense and not throw their vote away.
I think there is a place for a new Party in Government because otherwise we are stuffed with a straight Con/Lab vote granted the Lib Dems are on the bounce (but from a low point) and the UKIP gang are still floundering.
Social media is going to be the threat come the election as most Tories (av age late 60+) can just about work their Nokia bricks and their TV remotes so are knackered with the likes of Face-ache but I hazard a guess could probably get their brains around Tinder!
 

Joker62

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Because Made in Germany means something in China as opposed to Made in britain!
They must be loving the high end BMWs and VWs that needed recalling in the wake of the emissions scandal.
 
Agreed. We may all have to suck it up, sadly. It will be the end result of a failure of politics that, imo, began with Blair, was continued with Cameron aping Blair, and came crashing down thanks to CMD's huge ego. There has also been a failure of centrist politics to deal with housing and that is a major issue with younger, pro-Corbyn, types.
CMDs ego and inherent bad choice of advisers is largely to blame. We breathed a sigh of relief over the Scottish Devolution bill but those UKIP swizel eyes was an all consuming threat to him and his local constituency hence the Euro vote. He winged it with a smile and got away with it most of the time!
 
CMDs ego and inherent bad choice of advisers is largely to blame. We breathed a sigh of relief over the Scottish Devolution bill but those UKIP swizel eyes was an all consuming threat to him and his local constituency hence the Euro vote. He winged it with a smile and got away with it most of the time!
So much hung on one man's poor judgment. A single person and all this grief.
 

Auld-Yin

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Not at all I have said all along the EU was going to kick us in the balls. TM did her best it was the rest of the maggots who let us down.
I almost agree with you. I am not sure PMTM did her best, or if it is then she is a truly incompetent PM. Isolating her political colleagues in favour of civil servants and spads was not the best course of action IMHO..
 
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You've obviously forgotten the great trading visit to China when it was discovered that Germany had been trading quite successfully for years.
It wasn't that we weren't allowed to do it, it was that few bothered to do it.

We've had small family firms based in the tale end of nowhere, working everywhere from China to America and back again.
Nobody told them they couldn't do it.
Much the same for me. Except moving goods around the 28 EU countries is about as dificult as supplying Wales from England. Doing it outside the EU is a mountain of paperwork and associated costs. For some things the costs mean it is not worth doing in small qualities.

This was the beauty of the EU. You could ship in quantities of 1 upwartds. Due ot economies of scale leaving the SM and CU will screw small businesses who are not moving large amounts of stuff.

We could always ship to any country in the world it is just that WTO and other costs meant it was by and large not worth it.

I can't se how Brexit will help any business we are on WTO with the RoTW anyway we just lost easy access to our largest markets. Mind you , UK PLC (bar the "long list" 6 Pro Brexit compies that keep getting trotted out. ) has told PMTM this hens the Deal which is Brino and not as good as staying in.
 
CMDs ego and inherent bad choice of advisers is largely to blame. We breathed a sigh of relief over the Scottish Devolution bill but those UKIP swizel eyes was an all consuming threat to him and his local constituency hence the Euro vote. He winged it with a smile and got away with it most of the time!
Don't forget UKIP won the EU elections which was a massive shock to the established parties! - don't believe the hype that UKIP only threatened the Tories - Eurosceptiscm was and is, an ever growing trend in the UK and, as recently evidenced, in the 2016 referendum, just as prevalent a concern for Labour supporters and ultimately Labour politicians. Personally, I believe the UKIP part is now a busted flush as it's current leader is a throbber but don't make the mistake of thinking that its previous supporter base have all given up and have accepted the EU.
 
It was also an idea floated out of desperation, by May. The debate might have been very tricky for Corbyn - a (previously) committed leaver who is trying to sound as neutral as possible on the EU to keep those younger supporters who think he's pro EU on board. Whether May could have won a debate is very doubtful as she is very evasive when questioned and she can't hide it.
Yes I told you it was the fault of "the other speaker" as to why it did not go ahead.

Publically both enthusiastic to have the debate (as long as it does not happen due to the other speaker) :)

Any one up for writing the next series of Yes Minister and or House of Cards?
Initial team meeting June 2019? :)
 
I almost agree with you. I am not sure PMTM did her best, or if it is then she is a truly incompetent PM. Isolating her political colleagues in favour of civil servants and spade was not the best course of action IMHO..
Truth be told PMTM's deal is the best available........for remainers......because nothing is going to change and that could be indefinate.
Equally, PMTM's deal is the worst possible.......for brexiteers........because nothing is going to change and that could be indefinate.
And that is the height of incompetence........because it is the same f**king deal!!!!! And ipso facto she has managed to do nothing more than entrench the entrenchment of both sides. Unite the country my arrse.
 
Much the same for me. Except moving goods around the 28 EU countries is about as dificult as supplying Wales from England. Doing it outside the EU is a mountain of paperwork and associated costs. For some things the costs mean it is not worth doing in small qualities.

This was the beauty of the EU. You could ship in quantities of 1 upwartds. Due ot economies of scale leaving the SM and CU will screw small businesses who are not moving large amounts of stuff.

We could always ship to any country in the world it is just that WTO and other costs meant it was by and large not worth it.

I can't se how Brexit will help any business we are on WTO with the RoTW anyway we just lost easy access to our largest markets. Mind you , UK PLC (bar the "long list" 6 Pro Brexit compies that keep getting trotted out. ) has told PMTM this hens the Deal which is Brino and not as good as staying in.
again you are talking absolute crap! - Britain already deals with nearly 150 NON EU countries under WTO. Take a trip down to the docks to see how much delay and hassle occurs to 20,000 containers coming off a ship from China - it is so seamless that much of the work is done automatically by fecking robots!.
Even in the military context for years we have used smart bar code readers mounted on gantrys to scan passing transport containers etc to track and receipt logistic loads on the move.
- In Ireland, conducive arrangements have been in place for many years for cross border traffic and only a fraction of traffic is ever stopped to be inspected. When I was a young tom crossing Europe from Calais to Germany in the 80s all you did was slow the car down to a crawl with your passport ready for inspection by the various country's border guards - the vast majority of time you were just waived through with a very minimal time lost on your journey.
The point I'm making is that business and people adapt and systems develop to make things as easy as possible - I absolutely, categorically, guarantee that within hours of politicians trying to stop the free flow of trade/people at the borders they will be forced by massive public and business pressure to make sensible arrangements - the very idea that the BoE governor recently suggested of that condition being allowed to last for a year is simply ludicrous.
 
Truth be told PMTM's deal is the best available........for remainers......because nothing is going to change and that could be indefinate.
Equally, PMTM's deal is the worst possible.......for brexiteers........because nothing is going to change and that could be indefinate.
And that is the height of incompetence........because it is the same f**king deal!!!!! And ipso facto she has managed to do nothing more than entrench the entrenchment of both sides. Unite the country my arrse.
But she has done . . . in opposition to the deal!! I listened to Dominic Grieve on R4 PM last night saying that he would vote against it because it will split the Union between GB and NI; he is a Remainer.
 
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I absolutely, categorically, guarantee that within hours of politicians trying to stop the free flow of trade/people at the borders they will be forced by massive public and business pressure to make sensible arrangements - the very idea that the BoE governor recently suggested of that condition being allowed to last for a year is simply ludicrous.
You must be one of those Unicorn breeders
 
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