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Brexit or how I'll make a killing in forex

Discussion in 'Sports and News' started by JohnHammond, Jun 23, 2016.

Page 38 of 39
  1. britwrit

    britwrit Well-Known Member

    The UK isn't a huge export market for the EU. A recent study found that only 4% of its annual exports in goods and services go there. As opposed to the nearly half from Britain that goes the other way.

    British companies exporting to Europe will have to file a whole bunch of paperwork showing that they're adhering to all these basic standards. It's not just a customs declaration. What's more. we'll now have part of the United Kingdom - Northern Ireland - still part of the EU free market. That means checks and controls within a single nation.

    So, yeah. The cost of labor goes up, as well as the cost of exporting. British business groups - like the Confederation of British Industry - would have gone for Brexit if they thought it would benefit them. They didn't and it won't.
     
    britwrit, Dec 24, 2020
    #445
  2. Scout

    Scout Well-Known Member

    I think the British leave their island for the continent much more than you think and have family in Europe far more commonly than we do.
    Now you have to purchase travel health care, get your pets checked by a vet, your mobile might be roaming... they would go to France almost like we went to Florida. Now, not so much.
     
    Scout, Dec 24, 2020
    #446
    2muchcoffeeman likes this.
  3. The Big Ragu

    The Big Ragu Moderator Staff Member

    The UK runs a decent-sized trade deficit with the EU. It doesn't matter what percentage of the EU's exports go to the UK relative to its other trading partners. For the purposes of their relationship, all that matters. ... is their trade with each other. And the UK imports quite a bit more from Europe than it exports there.
     
    The Big Ragu, Dec 24, 2020
    #447
  4. Brooklyn Bridge

    Brooklyn Bridge Well-Known Member

    Brooklyn Bridge, Oct 3, 2021
    #448
  5. wicked

    wicked Well-Known Member

    The Brits reap what they sow, and they’re going to end up with a united Ireland or an independent Northern Ireland as a result.
     
    wicked, Oct 3, 2021
    #449
  6. The Big Ragu

    The Big Ragu Moderator Staff Member

    There aren't enough bus drivers in Massachusets, so the state called out the National Guard to get kids to school. That was caused by Brexit, too. :rolleyes:

    These worker shortages -- like the container ships backed up at the Port of LA without enough trucks in the U.S. to ship things either -- are not the product of simplistic political narratives that people want.

    Between fiscal overspending and the debt that came with it, and the monetary authorities around the world that have been monetizing that debt for years now by creating money out of thin air and buying up trillions of dollars of debt (going bonkers with the craziness because the pandemic gave them an excuse), they have made a mess. They way overstimimulated demand with too much cheap money, which is driving prices of things through the roof and has created some very serious supply problems that are hitting all kinds of things.

    That is the reap and sow story going on right now. And it's not just a UK thing.
     
    The Big Ragu, Oct 4, 2021
    #450
    OscarMadison likes this.
  7. 2muchcoffeeman

    2muchcoffeeman Well-Known Member

    2muchcoffeeman, May 16, 2023
    #451
  8. Driftwood

    Driftwood Well-Known Member

    One to two elections that year that the Russians had a hand in to create chaos.
     
    Driftwood, May 16, 2023
    #452
    wicked, garrow, 2muchcoffeeman and 1 other person like this.
  9. dixiehack

    dixiehack Well-Known Member

    Mistakes were made.
     
    dixiehack, May 16, 2023
    #453
    garrow and TowelWaver like this.
  10. Twirling Time

    Twirling Time Well-Known Member

    It was so convenient that Trump just happened to be in Scotland the morning after the vote.
     
    Twirling Time, May 16, 2023
    #454
  11. Starman

    Starman Well-Known Member

     
    Starman, May 16, 2023
    #455
  12. wicked

    wicked Well-Known Member

    Funny how the £350m a week Nigel and Boris said Britain would saving from not funding the EU never ended up in the NHS, like Nigel and Boris said it would. Wonder who got their mitts on it. Perhaps Nigel and Boris. Or perhaps it was bullshit all along.
     
    wicked, May 16, 2023
    #456
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