Poll: The EU Referendum: How Will You Vote? (June Poll)

[eatcustard]

A BMW will cost the same (or close to) when we vote out and tariffs are introduced, why you ask, because if the price went up 10% nobody would buy them so BMW will reduce the price to keep them at the same level and that will happen to most items from the EU.

 

[MichaelAwkward]

And therein lies the problem, when question may leave supports can't give you an answer.

Well it's kind of easier for the Remain supporters because what they're proposing already exists...

 

[RaohNS]

I'm OUT!

I copied this from another forum. Sums it up for me.

Snip

 

[norm]

Iceland hasn't managed fine. Its economy collapsed and the country defaulted on its debt. A country the size of the UK defaulting on its debt would have a catastrophic effect on the economy.

What? Iceland had one of the highest growth rates in Europe post-recession. And has outperformed similar EU countries.

Perhaps because Iceland can act autonomously and decide what's in their best interest as opposed to being tied to the EU like Ireland.

 

[Skunkworks]

And therein lies the problem, when question may leave supports can't give you an answer.

Why would I put any effort in knowing that another obtuse question will follow?

 

[RaohNS]

A BMW will cost the same (or close to) when we vote out and tariffs are introduced, why you ask, because if the price went up 10% nobody would buy them so BMW will reduce the price to keep them at the same level and that will happen to most items from the EU.

Or WTO tariffs come into force and fairness is applied and not bullying tactics from the club the British people said we wanted to leave

 

[[TW]Fox]

I better go and get my £11 back then!

You probably should.

Goods that have been produced in the EU , or that have been imported into an EU country with duty paid, are 'in free circulation' within the EU . Customs duty is not payable on acquisitions (imports or purchases) of goods that are in free circulation.

Or at the very least you might want to stop arguing we pay duty on EU purchases

Oh I get it... Your argument lost so straight back to project fear. Hows Dave?

To be fair you are the one that stopped discussing the points and shouted 'project fear', not me.

 

[eatcustard]

Again, just becasue you could do something doesn't mean it will happen, a point many people are wilfully ignoring.

Until the General election comes around and another party offer to sort it out.

Remember the Tories got into power because call me Dave offered us a referendum.

 

[RaohNS]

What? Iceland had one of the highest growth rates in Europe post-recession. And has outperformed similar EU countries.

Perhaps because Iceland can act autonomously and decide what's in their best interest as opposed to being tied to the EU like Ireland.

Don't do that the remainers will tell you that you can't compare Iceland with us lol we have vastly different economic makeups lol.

Remain have had all their arguments debunked and are just arguing now for the intent to spread fear. Let them love their crony club.

 

[balky12]

A BMW will cost the same (or close to) when we vote out and tariffs are introduced, why you ask, because if the price went up 10% nobody would buy them so BMW will reduce the price to keep them at the same level and that will happen to most items from the EU.

How I feel. Then again I wouldn't mind the EU and BMW/Merc/ Audi pricing themselves out the car scene.

ALL HAIL JAGUAR!!

 

[eatcustard]

Or WTO tariffs come into force and fairness is applied and not bullying tactics from the club the British people said we wanted to leave

Indeed, but it shows businesses are not stupid and will try to keep its market share or go bust

 

[[TW]Fox]

Don't do that the remainers will tell you that you can't compare Iceland with us lol we have vastly different economic makeups lol.

To be fair, Iceland and Ireland *do* have different economies

There are many differences between Iceland and Ireland - membership of the EU is just one of these differences. How on earth can you look at economic performance and attribute the difference to just the EU?!

 

[George Hincapie]

If the UK leaves the EU then the Pound will take an even bigger kicking on the international currency markets than it already has. Given that we import more than we export, this means increased prices.

You haven't got the first idea that this is the case. You don't work in the financial markets and have no factual basis for making that statement.

 

[[TW]Fox]

How I feel. Then again I wouldn't mind the EU and BMW/Merc/ Audi pricing themselves out the car scene.

ALL HAIL JAGUAR!!

You laugh but this is exactly what tends to happen elsewhere in the world outside of things like the single market. Though I'm not sure how much of a risk it us for us as for imports its OUR government who would apply a tariff to German cars.

But look at a market like Australia and see how much an Audi costs there versus a 'domestic' car or a Japanese car (They have a quite comprehensive trade agreement with Japan).

It's classic protectionism - make domestic products more appealing by increasing the price of imported products. There are arguments for and against this sort of thing.

 

[George Hincapie]

Or perhaps he should go live in a representative democracy which addresses his concerns by allowing the people to elect people to represent them, rather than involving the people in direct democracy.

Oh wait

Oh look, you're being a douche again. What a surprise. That particular point has been discussed countless times in iterations of these threads. Why are we discussing it again?

 

[RaohNS]

You probably should.

Or at the very least you might want to stop arguing we pay duty on EU purchases

To be fair you are the one that stopped discussing the points and shouted 'project fear', not me.

Why did I order it, get a card through saying I needed to pay and have to go and pay a charge to Customs iirc then???

No I didn't... You posted drivel on the pound vs euro trend from KCNA... Thus misinforming and had it clearly and categorically refuted. Look for yourself on xe... Trend line proved you wrong.

When that happened you immediately turned and said:

So, effectively, the spectre of Brexit has derailed the trend. That must be because the markets know how much more valuable the pound will be if we leave, right? Whoops. If you honestly think the pound will soar if we leave the EU then best you get buying as there is some money to be made

Thus you assert leaving is going to crash the pound.

We will still be in the EU after a leave vote anyway... Everything carries on as normal for 2yrs as part of negotiations renegotiations and markets rally to various aspects. Commodities, insurance, asset, produce, investment and sometimes cold hard cash

 

[[TW]Fox]

You haven't got the first idea that this is the case. You don't work in the financial markets and have no factual basis for making that statement.

It's virtually consensus that it's the case. It's widely acknowledged that a significant proportion of the pounds current weakness is pricing in of the chance of a Brexit. The pound dropped more than 1% across a range of currencies just on the online polls that showed a Brexit out in front.

With that in mind how can you argue with a straight face that Brexit winning wouldn't cause a drop in the value of sterling?!

A couple of example sources which I'm sure you'll blast for being the BBC or propaganda or something:

http://www.bbc.co.uk/news/business-36464502
http://www.bbc.co.uk/news/business-36462507

 

[eatcustard]

If the UK leaves the EU then the Pound will take an even bigger kicking on the international currency markets than it already has. Given that we import more than we export, this means increased prices.

The markets would recover very quick, they only drop on uncertainty, same thing happened when we left the ERM in 1992, within weeks the UK pound was stronger.

 

[RaohNS]

To be fair, Iceland and Ireland *do* have different economies

There are many differences between Iceland and Ireland - membership of the EU is just one of these differences. How on earth can you look at economic performance and attribute the difference to just the EU?!

I was stating about Iceland and the UK.

My pull back is that Iceland negotiate something that suits their economy.

 

[George Hincapie]

There is no evidence to suggest that any government wants to reduce the numbers.

I didn't suggest there was?! What exactly is your point?