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Do you think there will be a Deal or No Deal?


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It shows nothing of the sort. You are just looking for confirmation of some rather naive views on economics.

When Carney says 4 things will be exacerbated by Brexit and those are the key risks, it just demonstrates the wide-ranging impact of this badly informed choice.
Tosh. There are no historic models to base opinions on. Unlike 7 year cycles that economies go thru for example.
 
It's not comparable to Boom and Bust. A leap into the unknown where leavers are confident economic meltdown won't happen. We'll see.
Forecasters base their opinion on models, if there isn't one then its guesswork. Wrap it up how you like. Let the pound keep sliding too.
 
Erm, you seem to live under the misguided impression models can replace rational decision-making when modelling as a profession is more an art in some ways than a science.

Trying to talk about a well-defined time window for boom and bust cycles is also a complete assumption. There is no evidence 7 is the right number.

I can also tell you this now - the changes in the currencies are driven by economic forecasts which are tied to the fortunes of a country.

Again, your little spiel about wishing to see the pound go down with a complete disregard for the impact on normal people's lives just exposes pettiness and jealousy for those that are more successful than you are without any seeming upside.
 
Forecasters base their opinion on models, if there isn't one then its guesswork. Wrap it up how you like. Let the pound keep sliding too.

Yes and no country has left the EU before, but every time the signs are that the Uk will leave under a hard brexit the pound sinks, every time it looks there may be a chance it will be soft it improves. At the end of the day it's not the forecasters who will decide, it's the markets and the confidence they have in the decision that's taken. The biggest key to all this is the banks and financial institutions if the Uk lose that then...

But how far can the pound slide.
 
Erm, you seem to live under the misguided impression models can replace rational decision-making when modelling as a profession is more an art in some ways than a science.

Trying to talk about a well-defined time window for boom and bust cycles is also a complete assumption. There is no evidence 7 is the right number.

I can also tell you this now - the changes in the currencies are driven by economic forecasts which are tied to the fortunes of a country.

Again, your little spiel about wishing to see the pound go down with a complete disregard for the impact on normal people's lives just exposes pettiness and jealousy for those that are more successful than you are without any seeming upside.
You can shove your patrony up your hole.
 
This is what happens when you run up against someone who actually knows a lot more in an area you are trying to play expert in. You might not like it but that's the real world.
 
Lost me a bit Chorley, what we will pay for not allowing free movement is tariffs on our exports, which the fall in the pound will hopefully more than compensate for.
Lack of access in finance will no doubt be a bigger problem, but whilst I admit I don't understand the subject, I do have some faith that our bankers are world-class cunning bastards, I doubt we will lose it all.

Should have been clearer by paying for not allowing free movement I did mean by way of tariffs on our exports.
 
Yes and no country has left the EU before, but every time the signs are that the Uk will leave under a hard brexit the pound sinks, every time it looks there may be a chance it will be soft it improves. At the end of the day it's not the forecasters who will decide, it's the markets and the confidence they have in the decision that's taken. The biggest key to all this is the banks and financial institutions if the Uk lose that then...

But how far can the pound slide.
The pound is clearly important to you but not to me, is your pension in pounds by chance? I am now buying all our companys IT hardware in the uk, cheaper for the company more business for our supplier. Fom is a non issue as far as I'm concerned as i work with dozens of non eu people. Passport control is a must and i am glad we are seeing that take off in Holland. whatever the uk does badly it will carry on badly doing in or out. I might ne in favour of the eu if i could see fairness, equality and everyone having a great standard of living, i just dont see it, maybe you do.
 
... im an effort to defeat his old 'friend' David C just for the sake of it. :angel:

While you're probably right about Johnson being a liar from the start, he recently acknowledges that it wouldn't be wise to cut ties completely. Chorley however appears to have his head just burried in the sand as Michael Gove exemplifies it.
He is obviously totally unaware about the amount of EU-funded reasearch that is going on in the UK which will, depending on the deal, dry up significantly or completely. Given how May and her government acted so far, I consider it highly unlikely they are willing to spend anything near the EU funds. Hence, scientists with and without a EU passport currently working in the UK will move where the research grants move. That's how the science community has been working for decades, it's a very mobile bunch. The UK will lose highly skilled tax payers and of course every lower skilled job that come with high skill jobs. If that's what the UK want, so be it. There isn't a single element of 'scare' in this.

As you point out I'm really stupid, so would you please clarify on what you are pointing out as the doomsday scenario? Is it the EU funding, or the skills loss? One is replaceable, and the other is retainable, if in the UK interest.
 
As you point out I'm really stupid, so would you please clarify on what you are pointing out as the doomsday scenario? Is it the EU funding, or the skills loss? One is replaceable, and the other is retainable, if in the UK interest.
The funding is replaceable but the skills aren't. UK academics and researchers are currently at the bottom of the list for multinational projects because of the uncertainty around Brexit. Now, with some luck and willpower from our negotiators that is something we can regain, but how much does the government really care about our universities? The last 7 years would suggest not very much. Being cut off from massive multinational research is pretty bad, because it means we'll start lagging behind a lot of countries without substantial increases in UK based funding.
 
The funding is replaceable but the skills aren't. UK academics and researchers are currently at the bottom of the list for multinational projects because of the uncertainty around Brexit. Now, with some luck and willpower from our negotiators that is something we can regain, but how much does the government really care about our universities? The last 7 years would suggest not very much.

Tbh anything involving young people tends to be near the bottom of their priorities.
 
Tbh anything involving young people tends to be near the bottom of their priorities.
It's not just young people though, even researchers are kinda screwed because as university endowments dwindle so does their funding. And we all lose out if our academics and scientists lose pace with the rest of the world.
 
It's not just young people though, even researchers are kinda screwed because as university endowments dwindle so does their funding.

Yeah true. May's got history with tampering with drug related science reports that contradict her own beliefs though so makes sense as to why she'd be happy to see them cut further.
 
What she says on Tuesday will have a big influence, if she says anything, markets are poised and waiting. If she suggests a non-hard Brexit, sterling may improve, at least for a while.
I always thought everything a politician said had already been dispersed and analyzed by the market hours in advance.
 
Yeah true. May's got history with tampering with drug related science reports that contradict her own beliefs though so makes sense as to why she'd be happy to see them cut further.

Can you elaborate? interested as i'm type 1 diabetic like May, and would have thought she'd have an interest in medical research at least.
 
The pound is clearly important to you but not to me, is your pension in pounds by chance? I am now buying all our companys IT hardware in the uk, cheaper for the company more business for our supplier. Fom is a non issue as far as I'm concerned as i work with dozens of non eu people. Passport control is a must and i am glad we are seeing that take off in Holland. whatever the uk does badly it will carry on badly doing in or out. I might ne in favour of the eu if i could see fairness, equality and everyone having a great standard of living, i just dont see it, maybe you do.

No the pound is not important to me personally , I changed my private pension before the referendum, excellent result personally.
Also as I said before, the weaker the pound, the better for me, furnished my whole living room since the referendum at a great discount. Your company is profiting from the weak pound as well but a weaker and weaker pound is not sustainable.

I do value freedom of movement, that's why I'm taking French citizenship.
There'll always be winners and losers in any society. Just that imo there'll be a lot more losers in the UK because of Brexit.
Anything I've said said is not from a personal point of view. The only personal impact is the bother of going through the process of gaining citizenship.
 
No the pound is not important to me personally , I changed my private pension before the referendum, excellent result personally.
Also as I said before, the weaker the pound, the better for me, furnished my whole living room since the referendum at a great discount. Your company is profiting from the weak pound as well but a weaker and weaker pound is not sustainable.

I do value freedom of movement, that's why I'm taking French citizenship.
There'll always be winners and losers in any society. Just that imo there'll be a lot more losers in the UK because of Brexit.
Anything I've said said is not from a personal point of view. The only personal impact is the bother of going through the process of gaining citizenship.

I think the best thing I have read in this entire thread :lol:
 
Can you elaborate? interested as i'm type 1 diabetic like May, and would have thought she'd have an interest in medical research at least.
As an example, if there was an EU wide project concerning type 1 diabetes, and the head researcher was someone at an Italian university he's now more likely to decline UK academics and researchers because the uncertainty jeopardizes the continuation and success of the project. The research will still happen, but the people who gain expertise won't be from UK institutions.

The current big EU project is Horizon 2020, and UK academics have complained that Brexit has harmed their chances of getting on project, because if you're going to assemble a team of people it's relatively unwise to pick people who may have to be expelled in the near future. This doesn't benefit anyone involved, obviously both the UK and EU want the best people and the best projects - but people don't want to take risks that could harm their success.
 
Can you elaborate? interested as i'm type 1 diabetic like May, and would have thought she'd have an interest in medical research at least.

I believe the case in question involved May tampering with/silencing a report which indicated the benefits of decriminalising/legalising drugs in some form due to her own personal views on the matter.

http://www.independent.co.uk/news/u...idn-t-like-the-conclusions-nick-a6988616.html

Probably not related your case as such, but I do think it shows that May (evidenced by her strong religious convictions) is someone who very much goes on personal feeling as opposed to rationalised, scientific evidence. Which most politicians do to some extent, to be fair.
 
The pound is clearly important to you but not to me, is your pension in pounds by chance? I am now buying all our companys IT hardware in the uk, cheaper for the company more business for our supplier. Fom is a non issue as far as I'm concerned as i work with dozens of non eu people. Passport control is a must and i am glad we are seeing that take off in Holland. whatever the uk does badly it will carry on badly doing in or out. I might ne in favour of the eu if i could see fairness, equality and everyone having a great standard of living, i just dont see it, maybe you do.

See all of that in the UK or any other country around the world do you? It has absolutely nothing to do with the EU.
 
I know. However, let's see what May says next week.

Will she say 'Brexit means Brexit' or will she say it will be a 'red white and blue brexit' or will they have scripted her a new and even more pointless slogan?

Because she won't be giving anymore detail than that.
 
Don't tell me what I am or am not concerned about you pompous ass. I live outside the UK now, but I was one of those professional Brits who couldn't afford to get on the housing ladder because of crazy house prices. In the area I come from, prices had up to quadrupled in my lifetime. Unlike you however, I have the sense to look at both sides of the picture, and anything that makes house prices significantly fall is going to be great for new buyers, and absolutely brutal for those already on the housing/morgage ladder. That doesn't mean we should just continue with unaffordable housing, but it does mean that we need a very well thought out and carefully planned solution that doesn't leave 7 million people in negative equality.

But then again your Brexiteers never have cared about thinking things through and carefully planning have you. You're firmly in the camp that believes things are as bad as they could possibly ever be, so lets set fire to the building and see if a better new one magically appears in its place.

Given that your original reply made no reference whatsoever to the demographic cited, i think it a fair assumption to have made at the time. And what irony, you would presume to call me a pompous ass for something which you then proceed to do yourself, telling someone what they believe.

Your side of the argument offered millions of people no cause for hope, yet they were supposed to obediently form a line and vote for Remain regardless. Pah! Well we know what they thought of that idea.


Why are leavers so happy to point towards macroeconomic data now when this was the argument before?

Also I find Leave's faux concern for the left behinds, and criticism of Remain voters who think that leaving makes the situation worse for them, utterly exhausting. I have no idea how you can un-ironically act like leaving was the only option for helping them, or that it will mean that the Conservative government, or the Labour government before them, will suddenly care.

Lets be honest, your real motivations and kindred spirits in the leave campaign weren't the same as the working class in the north but the sort of people you're very happy to remind us exist when it suits your argument: very well off, older people in South East England.

Except that i am young and not in possession of a great fortune (on the contrary). And here you go again with the assumptions, somehow Leave's concerns must be hollow or disingenuous. Nor did I ever say that it was the only option for change, although it is clearly one route (and the one they chose), even if there are some bumps in the road in the early stages.

As i have stated repeatedly, this was a decision which must also be considered over the longer term. We took years, decades to get to this point, yet the success of our altered course is being determined in a time-frame of months.


@Nick 0208 Ldn what you think will happen with Northern Ireland ? I've yet to hear any plan from anyone who voted to what will happen, at best most didn't even factor it in and at worst they didn't care.

In this regard in particular, i think a transitional agreement is something we should be seeking. Consider the advance notice open to the Government, there is no reason why there should not be a framework for our future relationship with Ireland ready to go in 2019. It is in the interest of all parties for some sort of preferential status to be granted to the respective citizenry, and so far as is practicable Westminster should match previous funding commitments. I've always assumed that a deal would be reached, on account of the unique situation compared to other EU members.




Admittedly, it's not quite as enjoyable, but...
The company highlighted the price of cocoa, which it imports into the UK, had risen over 50% since 2013.

Of course the fall in sterling will have an effect, yet there is also some additional context in this sector.
 
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As you point out I'm really stupid, so would you please clarify on what you are pointing out as the doomsday scenario? Is it the EU funding, or the skills loss? One is replaceable, and the other is retainable, if in the UK interest.
Neither have I said that you're stupid nor do I think you are. You are just incredibly ignorant, that's all. I'm confident you can work out what
The UK will lose highly skilled tax payers and of course every lower skilled job that come with high skill jobs.
means.

The funding is replaceable but the skills aren't. UK academics and researchers are currently at the bottom of the list for multinational projects because of the uncertainty around Brexit.
As I've written earlier, I don't think that May will throw billions to the research community as the EU have been doing.
 
Further Brexit court cases to be launched in Dublin and London
Government faces two more potential hurdles to process of leaving EU, on top of supreme court’s impending verdict on article 50 case

Ireland’s courts will host an ambitious crowdfunded attempt to refer an appeal to the EU’s highest tribunal about whether the process of Brexit is reversible. A letter before action is being sent to the Irish government on Friday, and it is intended that the application will go before judges in Dublin in the spring.

Meanwhile, the high court in London will hear a claim brought by two sets of claimants arguing that the UK should remain in the European Economic Area after Brexit. The challenge is likely to be heard during the week after next.

...

The main claimant before the Dublin courts will be Jolyon Maugham QC, a London tax specialist who is coordinating efforts to argue that article 50 of the Lisbon treaty, which formally begins a country’s exit from the EU, can be reversed if a country changes its mind and decides not to leave.

Maugham, who has rights of audience in Dublin, said: “The UK must retain sovereignty over the shape of its future relationship with the EU. If we change our minds, we must be able to withdraw the notice without needing the consent of the other 27 member states. I want to establish clarity for British voters and deliver sovereignty to the British parliament over the question of its future relationship with its biggest trading partner.”

He said elected politicians may join him in the case as plaintiffs. In the space of a few days his crowdfunding campaign raised £70,000, largely in donations of £50 or less.

British judges and claimants have so far been reluctant to refer questions about Brexit to EU judges in Luxembourg. Maugham’s challenge, nominally against the Irish government, will try to persuade Irish judges to refer the question of article 50’s revocability to the European Court of Justice (ECJ).

If the ECJ were to rule that article 50 is revocable, it would enable the UK to reject the outcome of Brexit negotiations should they not prove acceptable to parliament or voters, and remain in the EU.

The high court case in London about staying in the European Economic Area was initiated by Peter Wilding and Adrian Yalland. Wilding runs the pro-single market organisation British Influence. A group of four anonymous claimants – a mix of overseas, EU, EEA and UK nationals – have joined the judicial review challenge, claiming that separate parliamentary approval is needed to quit the EEA.

Article 127 of the EEA agreement requires contracting parties, which include the UK, to give at least 12 months’ notice before leaving, the claimants point out. They say that implies a separate departure process from the one set out in article 50 of the EU treaty that has been disputed in the supreme court.

https://www.theguardian.com/politic...urt-cases-to-be-launched-in-dublin-and-london

These two cases shall be very interesting.
 
https://infacts.org/brexiters-bmw-argument-heads-crash/

Regarding BMWs and how the German automobile industry will go tits up unless they give in to the empire demands

Such big-picture calculations may not be the only consideration for German industry. A survey of 2,900 German companies found that a quarter expect to benefit as a result of business being diverted from the UK post-Brexit, whereas only one in ten firms are seriously concerned about the impact of Brexit on their activities.

Many firms invest in the UK to use it as a launchpad for serving the entire EU market with its 500 million people. If we lose full access to that market, other countries will be able to lure investors to their shores instead.

The argument that the EU needs the UK more than we need it was never strong. After all, our exports to the EU are 13% of our GDP, whereas their exports to us represent just 3% of its GDP.
 
Given that your original reply made no reference whatsoever to the demographic cited, i think it a fair assumption to have made at the time. And what irony, you would presume to call me a pompous ass for something which you then proceed to do yourself, telling someone what they believe.

It's not irony, it's called giving you a taste of your own medicine.

Your side of the argument offered millions of people no cause for hope, yet they were supposed to obediently form a line and vote for Remain regardless. Pah! Well we know what they thought of that idea.

It wasn't a vote about offering hope, it was a vote about not pointlessly sabotaging the country. Millions of those same people who have howled like banshees about taking back control and making Britain great again were strangely nowhere to be seen over the last god knows how many general election cycles, when they had a very real and genuine opportunity to affect positive change by setting the direction of the country.

People talk about how the main parties are all the same, but the mechanisms have always been there for people to influence how the parties set their platforms and which leaders they choose, but most people never cared enough to spend the time and effort to actually do so. Instead they sat back on their fat asses, watched corporate interests take over the country and then cried like little girls about how no-one represents them any more.

So now here we are, a vote that amounted to 'shall we continue as we are or just burn the whole thing down' and people reached for their lighters. Fair enough, let's watch the whole thing burn.
 
Except that i am young and not in possession of a great fortune (on the contrary). And here you go again with the assumptions, somehow Leave's concerns must be hollow or disingenuous. Nor did I ever say that it was the only option for change, although it is clearly one route (and the one they chose), even if there are some bumps in the road in the early stages.

As i have stated repeatedly, this was a decision which must also be considered over the longer term. We took years, decades to get to this point, yet the success of our altered course is being determined in a time-frame of months.

I notice you ignored the question at why Leavers now consider macro-economic data relevant again. But feck me 'assumptions' :lol: Yes, its an assumption to think that a Conservative led, Leave campaign headed up by - actually you know what, I was going to list the leading lights of the Leave Campaign but its an exercise in futility. If you genuinely think the leaders of Leave cared about the working class, or even our wondrous un-elected Leader (but thats only a problem when you're lying about democratic deficits in the EU), saw them (and see them) as anything other than stock to be manipulated then theres no other word for it, you're delusional.

This is not to say that the issues were hollow or disingenuous, or that some of the people (although admittedly no one of any importance) didn't genuinely care, Dennis Skinner somewhat foolishly threw his lot in with the Tories, and I can understand the argument for a so-called 'Lexit', but you'd have to have your head buried in the sand to think that this Brexit, and anyone in any real position of power, or tasked with carrying it out, has the slightest interest.

But sure, lets pretend everyone voted for Brexit for the same reason. You're already pretending like I said that you were old and rich above and not that you had more in common with them so whats one more fantasy?

I just really wish you'd stop talking about Brexit as if you were a spokesperson for the Leave Campaign and would stop defending absolutely every daft and insipid thing said in its favour and stick to speaking about what you think, why you voted for it, and what you hope to achieve from it we'd all be better off. At the minute you're nigh on impossible to converse with because you'll post what you think one day and a completely contradictory, opposing thing the next; you don't have to be as slippery as Farage to believe in Brexit.

I'm not having a go at you for voting out of self-interest, and maybe you actually do genuinely think its a vote that will improve peoples lives, thats fine. What I have a real issue with is you painting a Leave vote as a vote of benevolent compassion and a Remain vote as one of greed.
 
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Will she say 'Brexit means Brexit' or will she say it will be a 'red white and blue brexit' or will they have scripted her a new and even more pointless slogan?

Because she won't be giving anymore detail than that.

Quite possibly but at some point in the not too distant future, she'll have to divulge more than that. We all know she's been putting it off for as long as she possibly can. Her talk of Brexit for everyone is impossible, either there are going to be a lot of unhappy Leavers or a lot of unhappy Remainers or even all of them may be unhappy.
 
Will she say 'Brexit means Brexit' or will she say it will be a 'red white and blue brexit' or will they have scripted her a new and even more pointless slogan?

Because she won't be giving anymore detail than that.
Don't underestimate her. She will surprise everyone and go for blue, red & white exit !