Brexit thread - what happens next

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SPG said:
Yeah and China is really well known for looking after who.....

Oh thats correct China and China alone. Dont you worry you will still be able to buy your crap from EBAY.

Still so much bitterness. Still so many young adults who think THEY now best. Well guess what you dont nor do you have the gumption to actually get off your asses and do something.

Lets not talk about EU fisheries and the waste from that shall we..... Nor shall we talk about EU subsidies practically keeping French agriculture alive.. Nor shall we talk about said subsidies being used to buy German agriculture equipment. Still a small price to pay for popping over to the holiday home in Brittany i guess.....

It was a liberal experiment that is failing and creaking at the seems with the only answer is expansion and they works really well....

There is always a plan your idiots to think there running into this without any idea. BREXIT is the UK terms not the president of the EU or any other nation.
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So what is this plan and where is it.
 
Stretch said:
You realise that the minute we become "independent", we lose all our trade deals with the rest of the world. Not just with the EU, all of them, the whole world, overnight. They will all need to be renegotiate, all 60 odd trade deals. And that's just to return to the status quo.

Do you think British industry will survive the 10-15 year interim, in order to benefit from any deal we may or may not b e able to negotiate with the other countries?
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You actually think that if something isn't set up at the 2 year mark we effectively dissappear off the globe for some countries? You don't that they will decide to carry on with the same arrangements direct or that all sales between countries would stop overnight.
 
robbw77 said:
What exactly is the current British industry?

Thatcher shut most of down in the 80s which continued into the 90s with Blair and with the current Tory party.

As of now the UK HAS TO invest in industry to survive
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There's plenty of industry left in the UK. Much of it exists as a direct result of investments made due to our membership on the common market.
 
Jokester said:
Aye and good reason. This might be the economic shock that bursts their bubbles.
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and I am sure they will be most forthcoming when we try to strike a trade deal with them after we effectively sent them into another recession because I am sure with our shrinking GDP we would really help to save them now...........
 
Six6siX said:
Predictions based on facts. Which were dismissed as 'project fear'

Amazingly these predictions are all coming true.

You've forgotten to mention our own economy which has fallen considerably and will continue to do so until the uncertainty is removed at the very least.
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I knew the economy would suffer if brexit won, it would naive for anyone to think otherwise.

After the Bank of England announcement things are starting to stableize and will continue to do so.

Also another prediction by the IMF before the result stated that if brexit win, GDP would dip to -0.5%

In the recession in 2007 GDP dipped to -7% which caused the loss of thousands of jobs.

a -0.5% will not cause the loss of thousands of jobs and thats without intervention from the Bank of England!
 
If Boris Johnson looked downbeat yesterday, that is because he realises that he has lost.

Perhaps many Brexiters do not realise it yet, but they have actually lost, and it is all down to one man: David Cameron.

With one fell swoop yesterday at 9:15 am, Cameron effectively annulled the referendum result, and simultaneously destroyed the political careers of Boris Johnson, Michael Gove and leading Brexiters who cost him so much anguish, not to mention his premiership.

How?

Throughout the campaign, Cameron had repeatedly said that a vote for leave would lead to triggering Article 50 straight away. Whether implicitly or explicitly, the image was clear: he would be giving that notice under Article 50 the morning after a vote to leave. Whether that was scaremongering or not is a bit moot now but, in the midst of the sentimental nautical references of his speech yesterday, he quietly abandoned that position and handed the responsibility over to his successor.

And as the day wore on, the enormity of that step started to sink in: the markets, Sterling, Scotland, the Irish border, the Gibraltar border, the frontier at Calais, the need to continue compliance with all EU regulations for a free market, re-issuing passports, Brits abroad, EU citizens in Britain, the mountain of legistlation to be torn up and rewritten ... the list grew and grew.

The referendum result is not binding. It is advisory. Parliament is not bound to commit itself in that same direction.

The Conservative party election that Cameron triggered will now have one question looming over it: will you, if elected as party leader, trigger the notice under Article 50?

Who will want to have the responsibility of all those ramifications and consequences on his/her head and shoulders?

Boris Johnson knew this yesterday, when he emerged subdued from his home and was even more subdued at the press conference. He has been out-maneouvered and check-mated.

If he runs for leadership of the party, and then fails to follow through on triggering Article 50, then he is finished. If he does not run and effectively abandons the field, then he is finished. If he runs, wins and pulls the UK out of the EU, then it will all be over - Scotland will break away, there will be upheaval in Ireland, a recession ... broken trade agreements. Then he is also finished. Boris Johnson knows all of this. When he acts like the dumb blond it is just that: an act.

The Brexit leaders now have a result that they cannot use. For them, leadership of the Tory party has become a poison chalice.

When Boris Johnson said there was no need to trigger Article 50 straight away, what he really meant to say was "never". When Michael Gove went on and on about "informal negotiations" ... why? why not the formal ones straight away? ... he also meant not triggering the formal departure. They both know what a formal demarche would mean: an irreversible step that neither of them is prepared to take.

All that remains is for someone to have the guts to stand up and say that Brexit is unachievable in reality without an enormous amount of pain and destruction, that cannot be borne. And David Cameron has put the onus of making that statement on the heads of the people who led the Brexit campaign.
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http://www.theguardian.com/politics...cy-meetings-eu-uk-leave-vote#comment-77205935

personally - if the tories haven't the balls - let farage do it
 
robbw77 said:
What exactly is the current British industry?

Thatcher shut most of down in the 80s which continued into the 90s with Blair and with the current Tory party.

As of now the UK HAS TO invest in industry to survive
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But under normal circumstances we'd also have a load of international investment too... but foreign investors won't invest in the country until the path is clear, which could easily take a decade or so. Combine that with another point - where will all the domestic investment come from? The country's economy is going to be the victim at the centre of an international finance gangbang; there's going to be A LOT less money to go around as a result of the vote.
 
jimjamuk said:
You actually think that if something isn't set up at the 2 year mark we effectively dissappear off the globe for some countries? You don't that they will decide to carry on with the same arrangements direct or that all sales between countries would stop overnight.
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All our trade deal have been negotiated on our behalf by the EU. They are between the EU and the respective country. If we leave the EU, we lose the trade deal. It has nothing to do with us "disappearing". We cannot renegotiate 60 trade deals in 2 years, or even 20 years.
 
StriderX said:
Are you joking? Greece is near collapse again, Spain not too far behind and Italy has problems.

Germany cant fix everything.
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Not joking. Do some countries have structural problems, sure. But you can bet the cost to rescue them will be far less of an issue then it would be to let them collapse. Simply put the EU will not be ending any time soon.
 
jimjamuk said:
You actually think that if something isn't set up at the 2 year mark we effectively dissappear off the globe for some countries? You don't that they will decide to carry on with the same arrangements direct or that all sales between countries would stop overnight.
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now show me the guarantees where this is going to happen. It's like all the people preaching at Scotland saying they won't get to join the EU / stay in the EU if they quit the UK without reapplying, but why do you think we can still keep all the deals we had as part of the Eu with other countries when we chose to quit the EU withour having to reneg them on our own as we only got them through the single market membership ? hypocritical much ??..........

oh wait this is where you tell me its not the same because that's the only way you can defend you insane position............
 
robbw77 said:
I knew the economy would suffer if brexit won, it would naive for anyone to think otherwise.

After the Bank of England announcement things are starting to stableize and will continue to do so.

Also another prediction by the IMF before the result stated that if brexit win, GDP would dip to -0.5%

In the recession in 2007 GDP dipped to -7% which caused the loss of thousands of jobs.

a -0.5% will not cause the loss of thousands of jobs and thats without intervention from the Bank of England!
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Hasn't the BoE already intervened to the tune of £250Billion?
 
wildman said:
now show me the guarantees where this is going to happen. It's like all the people preaching at Scotland saying they won't get to join the EU / stay in the EU if they quit the UK without reapplying, but why do you think we can still keep all the deals we had as part of the Eu with other countries when we chose to quit the EU withour having to reneg them on our own as we only got them through the single market membership ? hypocritical much ??..........

oh wait this is where you tell me its not the same because that's the only way you can defend you insane position............
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Gove said we have the WTO to fall back on so all is good.
 
Radox-0 said:
Not joking. Do some countries have structural problems, sure. But you can bet the cost to rescue them will be far less of an issue then it would be to let them collapse. Simply put the EU will not be ending any time soon.
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exactly this, the EU will be here long after the rotting flesh has fallen from the carcass of the UK, but somehow the brexit brigade thinks the EU will just let itself disintegrate because the UK wants to leave.............
 
Stretch said:
All our trade deal have been negotiated on our behalf by the EU. They are between the EU and the respective country. If we leave the EU, we lose the trade deal. It has nothing to do with us "disappearing". We cannot renegotiate 60 trade deals in 2 years, or even 20 years.
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So a goods embargo starts at 2 tears for every country. Believe me in the interests of both countries goods will continue to flow back and forth under a temp agreement. No one is going to turn round and say stop selling to the UK or stop buying those things we get from the UK in they actually need them. The final trade deals might take 20 years but in the meantime I doubt much will change.
 
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