The Magic Brexit Money Tree

[MillytantForceit]

...Children! Lollipops! Lollipops if you vote for my deal!

I think the bar needs lowering, just 2 benefits of 'no deal' would be a start.
So far the only people on the planet that think no deal is good, are disaster capitalists in various guises, and 17.4 Million 'leave' voters of which about 17 million will be badly disappointed when they open their winnings and discover it is a barrel of shit.

I guess i can imagine scenarios where membership of the ECJ or even the EU can disadvantage the UK but No-Deal?

However, i can see why leavers want it, that was on the ballot paper, there was no mention of deals, WA's, extensions, backstops etc etc

I (think) i can afford a no-deal and there is a small part of me, that would like the folk who want no-deal to see what it will really mean to them and their loved ones, let alone the country.... even leading very wealthy brexitiers don't want no-deal, that should tell you something but maybe it all be fine, have some bloody faith! we are Great Britain

As most of us know, the WA isn't a 'deal' as such, it is more a structured roadmap for sensible disentanglement from the EU. The deals haven't even been started yet, it is taken 3 years to decide how to get out of the door, never mind the actual terms.

LeClerc So far the only people on the planet that think no deal is good, are disaster capitalists
Really?
Tony Abbott former PM of Australia:
'As a former prime minister of a country that has a perfectly satisfactory ‘no deal’ relationship with the EU, let me assure you: no deal would be no problem. Or at least no problem that Britain couldn’t quickly take in its stride. Especially if Britain is ready to keep tariff- and quota-free entry of European goods, and recognise their standards. That’s what you need for easy trade and Britain has the power to do this unilaterally. You don’t need Michel Barnier’s permission.'
app.spectator.com.au/2019/03/no-deal-no-problem/pugpig_index.html

Might be missing something here Mily but i understood that if the UK drops a certain tariff on a product for country, it has to do so for all other countries? how would Abbotts ideas work?
No-Deal doesn't solve NI either.

Abbot seems to have forgotten that the EU and Australia are negotiating a FTA as we speak and has several deals in place with Auss to ease trade at present,
Australia has many FTA 's in place and is actively seeking more, not the least the revitalised Pacific one which the UK (obviously being close to the Pacific) wishes to join too.

This thread from Dmitry Grozoubinski who was an Aussie trade negotiator (a.k.a. that dirty word, an expert on the subject) takes on Tony Abbott's Spectator article.

twitter.com/DmitryOpines/status/1101127884859731969

if Britain is ready to keep tariff- and quota-free entry of European goods, and recognise their standards.

Which is obviously where we want to end up, it's getting there that's the tricky bit.

As a former prime minister of a country that has a perfectly satisfactory ‘no deal’ relationship with the EU, let me assure you: no deal would be no problem.

Yep, no problem at all when you're the other side of the world and the whole of Europe accounts for less than 7% of your exports and 18% of your imports. It's a bit different when they're right next door, account for 50% of your trade and you've relied on their regulatory authorities for the last 25+ years.

My friends in Australia despair of their government and that of Tony Abbott previously. It has ruined their economy.

There is a reason why Abbot was PM for only 2 years.

Fishes It's a bit different when they're right next door, account for 50% of your trade and you've relied on their regulatory authorities for the last 25+ years.
It's different yes but look at the numbers. The UK had an overall trade deficit of -£67 billion with the EU in 2017. A surplus of £28 billion on trade in services was outweighed by a deficit of -£95 billion on trade in goods.
In contrast, the UK had a trade surplus of £41 billion with non-EU countries.
If we shift our trade away from the EU and towards the rest of the world we will be much better off.

What exactly are we going to trade? Cars? Coal? Steel? 150 years ago we exported railway locomotives to India. We don't know and as far as I am aware, there are no plans to reopen the locomotive plants.
Ships ?
I know Leasdom went on about jam, but there is a limit as to just how much we can manufacture and make.

know =now.

"If we shift our trade away from the EU and towards the rest of the world we will be much better off."

That's not how international trade works.

You are ignory gravity theory for one.

But then, you don't really know what you are talking about!

What exactly are we going to trade? Cars? Coal? Steel?
All sorts. A lot of services, tech, pharma. We are an innovative country. Did you notice the recent world university rankings. How many UK unis are near the top ... and in contrast how many EU 27 unis?

If our economy is tanked because we no deal, our economy won't be doing much booming. WA is the only version of a tolerable Brexit that is available now. Get behind it, Leavers.

{All sorts. A lot of services, tech, pharma. We are an innovative country. Did you notice the recent world university rankings. How many UK unis are near the top ... and in contrast how many EU 27 unis?}

So let's kickstart this brilliance by pissing off our largest market and put up tariffs for trade. Of course everything the UK imports will cost more and regulations and certifications for manufactured goods will cost more than previously.
Maybe in UK sports we can help the long distance runners by tying their feet together.

Don't forget the ONLY reason for the UK to leave the EU is to IMPROVE what we had before. So far NO ONE has found anything that will be better and having spent billions on this project already and negotiations haven't even started it suggests that it was a bit of a bad idea.

If we shift our trade away from the EU and towards the rest of the world we will be much better off

How about we do what Germany (Whilst in the EU) does and trade with the rest of the World as well as our nearest trading partners?

Remember the EU has FTA with almost all the major economies, aprt from China and USA and there are very good reasons why.

We can have both!

Lots of us think things will IMPROVE LeClerc but you don't AGREE. Which is FINE but it is a bit lonely being a Leaver here and so we go ELSEWHERE.

You are probably kidding yourselves over on FB.

Some concrete examples would have been better.

Pharma - so we have just lost the EMA, so won't be the first in line testing new drugs.

University research - highly dependent on FoM an the interchange of EU staff. Well, we have effectively told EU citizens they are not welcome and they are taking themselves home. Citizens of Nowhere does not inspire people to come here.

University research - these would be the academics (aka despised metropolitan liberal elite experts who have been smeared as corrupt foreign sympathisers who publish unpatriotic and probably fake results for European funding) who overwhelmingly voted Remain, but now get trumpeted as mascots for Glorious Brexit Britain when it suits?

EU staff are no more valuable to UK unis than staff from other countries. No offence to the EU 27 but their universities are not world-class

EU staff are no more valuable to UK unis than staff from other countries.

Tell that to those University researchers I know, whose world class EU colleagues are already leaving, even if the countries they came from didn't have 'world class' universities.

I think the sneering about people and institutions of other countries is par for the course, TBH.