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What now for the EU ?

You are supposed to finish that with “ no offence” said with a thick saffa accent ( like the fast shows SAA trolly dolly).

The Fast Show quite obviously have only flown with the new and improved AA SAA and hung their little prejudices on that experience.
 

Rankings by Nominal GDP​

Here are the 2019 rankings by nominal GDP, shown in current U.S. dollars. These don't take into account PPP, and by this measure, the U.S. is the world's biggest economy:

  1. U.S.: $21.4 trillion
  2. EU: $15.6 trillion
  3. China: $14.3 trillion
  4. Japan: $5.1 trillion
  5. Germany: $3.8 trillion
  6. India: $2.9 trillion
  7. U.K: $2.8 trillion
  8. France: $2.7 trillion
  9. Italy: $2.0 trillion
  10. Brazil: $1.84 trillion

Instead of PPP, these calculations use the official exchange rate. Unlike PPP, the official exchange rate doesn't account for changes in the rate over time.

Despite the eurozone debt crisis, the EU is lurching toward greater fiscal integration as well as a monetary one. The EU is acting more and more like a unified economy all the time. Furthermore, the EU's currency, the euro, has successfully competed with the dollar as a global currency.

This does make the whole EU trading bloc a failure by any definition and your claim of huge trade losses make it all the more remarkable. To argue for brexit based upon economy is flawed. Do some adding up.
Don't you remain type thickets usually claim that we won't be pulled into ever tighter union.

And we'd avoid financial integration.
 

Rankings by Nominal GDP​

Here are the 2019 rankings by nominal GDP, shown in current U.S. dollars. These don't take into account PPP, and by this measure, the U.S. is the world's biggest economy:

  1. U.S.: $21.4 trillion
  2. EU: $15.6 trillion
  3. China: $14.3 trillion
  4. Japan: $5.1 trillion
  5. Germany: $3.8 trillion
  6. India: $2.9 trillion
  7. U.K: $2.8 trillion
  8. France: $2.7 trillion
  9. Italy: $2.0 trillion
  10. Brazil: $1.84 trillion

Instead of PPP, these calculations use the official exchange rate. Unlike PPP, the official exchange rate doesn't account for changes in the rate over time.

Despite the eurozone debt crisis, the EU is lurching toward greater fiscal integration as well as a monetary one. The EU is acting more and more like a unified economy all the time. Furthermore, the EU's currency, the euro, has successfully competed with the dollar as a global currency.

This does make the whole EU trading bloc a failure by any definition and your claim of huge trade losses make it all the more remarkable. To argue for brexit based upon economy is flawed. Do some adding up.
Er, at the time we were part of the EU, so exactly why we are shown separate to the EU is odd. So was Germany, but that’s part of the Eurozone as is France Italy . If you deduct 11.3 from the EU total , that leaves 4.3 trillion. The Euro has not competed successfully, to be successful it depends on taking over the pound and that’s failed. The currency merely trades because there is no alternative to trade in. So exactly where this EU comes from sans Uk, France Germany or Italy
is strange to say the least. Mind gold is still up there as a good hedge.
 
Off topic, but it's a worrying thought that one of the candidates for US president would be a strong candidate for SPOTY if they posted on ARRSE, while the other strikes me as a case of senile dementia waiting to happen.

Isn't politics wonderful?

Wordsmith :cry:
He's not a case of senile dementia waiting to happen, he's a case of the 25th amendment waiting to happen. The democrats would see having the first female president (who also happens to be a minority) as an absolute gift from god.
 
Again - complete nonsense. In my Chinese moped example; you import 1,000 units, instant 80% mark-up goes directly to Brussels and lost to the UK economy. Without the tariff you sell 10x more - the entire retail mark up is re-circulated in the UK. Good for consumers, retailers, repairers, parts suppliers, more tax generated etc. That's how you grow an economy.

Re the glass recycling: OJEU tendering procedure favours bids from the larger Portuguese facility (incidentally, part funded by the EU but not recognised as State aid). OJEU bid evaluation methodology will always favour the larger balance sheet of the continental company to the detriment of smaller UK recyclers - contract goes to Portugal with a higher carbon footprint. What has changed - without OJEU we can let contracts in the UK, retain jobs, grow local economies, free of burdensome bureaucracy.

The EU acts as a brake on innovation and enterprise. Free up the economy, trade more, grow quicker. It's that simple. I doubt any of this real world analysis will alter your socialist brain patterns. Some things just can't be changed.

There are people who get things done, and people that do not or cannot. Chicken Little falls into the latter category.
 
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Symphony Group, the UK's largest manufacturer of fitted kitchens, bedroom and bathroom furniture, has announced it will be investing £30m to expand its production site in Barnsley. The investment will create a further 150 jobs at the plant.
 
Symphony Group, the UK's largest manufacturer of fitted kitchens, bedroom and bathroom furniture, has announced it will be investing £30m to expand its production site in Barnsley. The investment will create a further 150 jobs at the plant.
Presumably they have seen an opprtunity to exploit the post Brexit market for 'Twigs, UK Domestic‘ packaged in convenient house filling quantities?

The country will need a lot of twigs on January 1st and the EU tariffs on them will be swingeing.
 

crow_bag

War Hero
Symphony Group, the UK's largest manufacturer of fitted kitchens, bedroom and bathroom furniture, has announced it will be investing £30m to expand its production site in Barnsley. The investment will create a further 150 jobs at the plant.
But, but, we were told there would be mass unemployment

Sent from my Pixel 3 XL using Tapatalk
 
Presumably they have seen an opprtunity to exploit the post Brexit market for 'Twigs, UK Domestic‘ packaged in convenient house filling quantities?

The country will need a lot of twigs on January 1st and the EU tariffs on them will be swingeing.
Top tip. Make a wreath from your twigs and send it to M. Barnier in January.

 

Themanwho

LE
Book Reviewer
How amusing.
Absolutely, you're hilarious. I'm really impressed with the way you can laugh at yourself, that sort of self abasement for the amusement of others really takes courage. Or an utter lack of self awareness.
 

Themanwho

LE
Book Reviewer

Themanwho

LE
Book Reviewer
The only way to demonstrate the stupidity of brexit is to watch it happen. It has been a complete farce so far and no evidence exists that it will get better.
Your idea of "no evidence" is somewhat suspect, you silly old Jew hater.
 

civvy

Old-Salt
You're talking out of your hoop Higgsy. As an example, the EU currently forces us to add 80% import tariff on motorcycle parts from China. The purpose of this is to protect inefficient and failing EU manufacturers such as Piaggio and Vespa.

At the end of the transition period we can import Chinese battery mopeds (for which we have a huge home market) and retail them at £200 instead of £1,000 - increased sales all round, thank you very much. There are thousands of similar examples - you just have to open your eyes and look for them.

My Local Authority sends all its glass recycling by road round to Cardiff, where it's containerised and shipped to one of the largest EU glass recycling facilities in Portugal. Without OJEU tendering these contracts can be let locally providing employment, apprenticeships and investment here - which incidentally all UK Local Authorities are required to do by law. OJEU, as any procurement professional will know, serves only to export industry, jobs and investment to mainland Europe at the cost of our own local economies.


If we leave without a trade deal the Piaggio and Vespa will be subject to the same tariff as Chinese manufacturers. If they are having trouble competing now they are really going to enjoy life next year. Hope they enjoy it.
 
D

Deleted 174133

Guest
The only way to demonstrate the stupidity of brexit is to watch it happen. It has been a complete farce so far and no evidence exists that it will get better.
If you want evidence, I'd cast your gaze to this country's illustrious past when we stood alone against many challenges and came through stronger for the experience
 

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