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Brexit Thread III - How to instantly polarise your country without even trying

Discussion in 'Off-Topic' started by Arakhor, Oct 26, 2017.

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  1. Takhisis

    Takhisis Jinping, wer fragt uns?

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    up yours.
    Alexander Boris de Pfeffel Johnson keeps getting elected, so at least his constituency disagrees.
     
    tjs282, Dachs and Lexicus like this.
  2. Arakhor

    Arakhor Dremora Courtier Moderator

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    Well, there we go, just as expected, any attempt to have a trade deal with the US is off if we stick to EU rules (at least according to Trump this week). Naturally, the EU has traded with the US most unfairly, so if there's anyone who still thinks we'll be able to negotiate anything other than a totally one-sided deal (for the US), then they clearly have another think coming.
     
  3. innonimatu

    innonimatu Deity

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    Just saw that interview with The Sun by the global wrecking ball. It seems very important to me. It becomes clear, after this last scuffle within the UK government, that Murdoch remains strongly on the hard brexit field. And that australian as a lot of influence in UK politics. It cannot be an accident that he got the Sun to run that interview.

    I now think that May's days as PM are numbered. As in a very low number. The slow-motion resignations might have been a failed attempt at ousting her, but this shows that the plan is larger than a conspiracy by a handful of top tories and is still on.
     
  4. FriendlyFire

    FriendlyFire Codex WMDicanious

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    Of course who would be insane enough to be holding the bag when you have a HardBrexit and everything goes pearl shaped.
     
  5. Hrothbern

    Hrothbern Deity

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    The EU should add to the Brexit negotiation conditions that Murdoch has to pay tax in the UK for his UK media business :D
     
    Silurian likes this.
  6. Dachs

    Dachs Hero of the Soviet Union

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    no no no no when we complain about foreigners sending money abroad, we're talking about Polish plumbers, not Australian media barons
     
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  7. Silurian

    Silurian Deity

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    but the Polish plumbers have paid tax unlike the media barons.

    Strange
     
  8. Mega Tsunami

    Mega Tsunami Emperor

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    We most certainly do not run a trade surplus with the EU - we have run an ever-increasing deficit (inc services) with them since ’99.

    All we are is the EU’s cash cow.
    We suck in billions from around the world in services and spend it in the EU.
    And when we complain we do not fit into their single market, we are sold to shut up and behave.
    And then we have to pay billions every year for the privilege of buying billions worth of their goods every year.:crazyeye:

    The Guardian:
    Britain’s trade performance with the rest of the EU has been woeful. According to data produced by the House of Commons library, it has run a trade deficit in goods and services combined in every year since 1999. What’s more, the deficit is getting bigger over time, doubling from £41bn to £82bn between 2012 and 2016.

    The UK’s trading performance with the rest of the world has been better. Exports and imports were broadly in balance from 1999 to 2011 but since 2012 there has been a fivefold increase in the surplus from £8bn to £39bn.


    The Guardian piece then goes on to point out:

    Smallwood says the UK’s trade performance has deteriorated because the single market and the customs union are designed to suit other countries, Germany in particular, but not Britain.
    “It is not surprising that our trade deficit with the EU continues to grow, because the single market and customs union does not represent a free trade area. It is a free trade area only in goods. Manufactured goods represent Germany’s comparative advantage, whereas ours is in services.


    https://www.theguardian.com/busines...de-deficit-with-the-eu-is-woeful-and-widening
     
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  9. Arakhor

    Arakhor Dremora Courtier Moderator

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    Traitorfish, you got post #2500, so would you like to start the next thread? If not you, then Silurian (post #2499).
     
  10. AmazonQueen

    AmazonQueen Virago

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    I checked and you're right, we do have an overall trade deficit with the EU. However we do have a surplus in services with them which means May's plan for just free trade in goods with them is a bad idea.
     
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  11. Broken_Erika

    Broken_Erika Nothing

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    So, The US-UK relationship is the "Highest level of Special".
     
  12. dutchfire

    dutchfire Deity Retired Moderator

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    On China-US, but relevant:
    https://www.theatlantic.com/politics/archive/2018/06/china-losing-the-trade-war/563030/
    The Trump administration views the U.S.-China trade relationship upside down: It’s not Americans who suffer from Chinese surplus.
    ...
    It’s an axiom of national accounting that the current account (the trade balance plus earnings on overseas investment) must precisely equal the capital account (net foreign investment in a country).
     
  13. Lexicus

    Lexicus Deity

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    Wow, David Frum providing coherent analysis of something, that's pretty rare
     
  14. Dachs

    Dachs Hero of the Soviet Union

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    he discovered ECON 102
     
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  15. Traitorfish

    Traitorfish The Tighnahulish Kid

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    Done.
     
  16. EnglishEdward

    EnglishEdward Deity

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    And this is why the continentals are so keen to create this Irish border issue to keep the UK de facto in the EU's customs union.
     
  17. Bootstoots

    Bootstoots Deity Retired Moderator

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    Moderator Action: Closed old Brexit thread. Further discussion belongs in the new Brexit thread.
     
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