Brexit, for once some facts.

Woosh

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pretty telling from Boris Johnson's resigning letter:

"Brexit should be about opportunity and hope. It should be a chance to do things differently, to be more nimble and dynamic, and to maximise the particular advantages of the UK being an open, outward-looking global economy. That dream is dying, suffocated by needless self-doubt."

It seems that self doubt is what he needs much, he may yet emerge a better politician.
 

oldgroaner

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pretty telling from Boris Johnson's resigning letter:

"Brexit should be about opportunity and hope. It should be a chance to do things differently, to be more nimble and dynamic, and to maximise the particular advantages of the UK being an open, outward-looking global economy. That dream is dying, suffocated by needless self-doubt."

It seems that self doubt is what he needs much, he may yet emerge a better politician.
The dream is foundering on the Rocks of reality
 
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oldgroaner

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From the Daily Mail
"
Facebook is fined £500,000 by the government's information watchdog over Cambridge data harvesting row (which will take the firm 514 seconds to earn)
  • This is the highest fine to date given by The Information Commissioner’s Office
  • 11 political parties in the UK have been warned that they must undergo compulsory audits of their use of personal data
  • Facebook is investigating 200 other apps which may have been used the same manner
That's interesting" 11 political parties must undergo compulsory audits of their use of personal data
 
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oldgroaner

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A reader comment in the Express sums up the present UK political "Turmoil" pretty well

Foul Ole Ron (Doesn't that Monika just sing?)

"Without a Tory government, what would all those hedge-fund bandits do; people who are busy bleeding Britain white and offshoring the proceeds, while the poor, the sick and the disabled die? (As clear an indication of Tory priorities as you could possibly have). Ye gods, if there was an election and Labour got in under their current leadership, the gravy-train would be abruptly derailed. Nobody in the Tory party, or among their well-heeled cronies, dares risk that. So while there may be a bit of symbolic uproar, the government will keep going. It is worth too much (literally billions) to the right people to be allowed to fail. People who might make real trouble will be quietly told "knock it off, boys, the money is getting nervous". Ever wondered why Rees-Mogg is not leading an open challenge to May? He makes most of his money out of financial skullduggery and offshores it to the Caymans is why. That means that while he might make a few noises, he really does not want to risk toppling this government. The same goes for many other Tory MPs. Thus UK politics in 2018. That's how the game is played under its current rules."

Pretty succinctly put, Foul Ole Ron!:cool:
 
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oldgroaner

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Acouple more reader comments from the Indy..
"
michael4096 14 hours ago
A vicious lie. We are falling back on a plan called the Half-baked Cherry cake. Problem is, it was written on a beer mat and we can't find it now.
Reply •
9 likes

Strawbry 13 hours ago
Last seen propping up a wobbly table at 'Spoons.

Great!
 
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Woosh

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The dream is foundering on the Rocks of reality
brexit can be good enough to justify the cost, brexit architects need a degree of self doubt to reduce the risks to the economy to manageable.
 

oldgroaner

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brexit can be good enough to justify the cost, brexit architects need a degree of self doubt to reduce the risks to the economy to manageable.
Sorry but not true, not now, not ever, that Titanic sank years ago.
On our own, with the incompetents in Westminster and a parasitic class of
Aristocrats, investors, bankers and management we have no chance of being, even at the most optimistic, a mediocre bent banana of a nation.
Even John Cleese has stated he is heading for the caribbean.

When the going gets tough: the rats leave the sinking ship in lifeboats
And the poor are left struggling in the ice cold sea..
 
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oldgroaner

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https://www.ft.com/content/9ec68890-6280-11e8-90c2-9563a0613e56

This point is so true and at all levels. What could we all have done had we used our time more wisely than arguing on here??
Perhaps subscribe to read the FT article?
I can't access the article, but I'll take a stab at an answer:
................do a runner like Norman Lamont?..................:cool:

The only bit I can get is the headline
"The real cost of Brexit is in missed opportunities"

I can agree with that as we are throwing the only viable opportunities we had away by leaving the EU.
Is that what you meant?
 
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Woosh

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Sorry but not true, not now, not ever, that Titanic sank years ago.
that's faith talking.
you may not want to see any sunlit upland but there are many that do.
 

oldgroaner

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In the Sun
Jackass has revealed the "Cunning plan" of the Brexiteers

"But there's another path to take from here - leave the EU on March, 29, 2019, on WTO terms"

Is that it? really? ye gods!
He is lying to an audience that has a history of never checking the facts

From the economist

"In any case, reverting to WTO rules is not simple. Britain was a founder of the organisation but now belongs as an EU member. To resume WTO membership independently will require a division of EU import quotas, notably for beef, lamb and butter. A first effort was roundly rejected by big food exporters like Brazil, Argentina and America. The WTO proceeds by consensus among its 164 members. Were Britain to leave the EU on acrimonious terms, negotiating its resumption of full WTO membership could be difficult."
 
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oldgroaner

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that's faith talking.
you may not want to see any sunlit upland but there are many that do.
Completely wrong! It's because I want to SEE broad sunlit uplands I oppose Brexit that ruins that being a likely future.

It's more a case of seeing the reality that faces us than "faith" in some mystical Brexit Nirvana.
 
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Zlatan

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Perhaps subscribe to read the FT article?
I can't access the article, but I'll take a stab at an answer:
................do a runner like Norman Lamont?..................:cool:

The only bit I can get is the headline
"The real cost of Brexit is in missed opportunities"

I can agree with that as we are throwing the only viable opportunities we had away by leaving the EU.
Is that what you meant?
No, it's not quite as you imagine. The point they make is Government, opposition, remainer and leaver alike are all concentrating on Brexit whilst many things are getting neglected. It does make you wonder how MPs fill their time when not arguing about Brexit.. The article is quite neutral in its stance, perhaps remain?
Just for example CBI has written to Government and expressed worry about late and indecisive stance on Heathrow. Business can, and will, cope with policy changes. Business and markets in general struggle with indecision and procrastination or pure neglect by Government.
Personally think we, ve already missed boat to reap any rewards with Brexit. It seems to me the majority was simply insufficient to leave and ASAP. I do now think to leave at least a 10% majority should have been required. Leaving as we are is not really leaving.
A hard Brexit was an impossibility with a 4% majority. We are, as I predicted months ago, going to end up not really in and not really out. The worst of both worlds, with probably benefits of neither.
I don't think we would be in this mess had we had a viable opposition. Labour are equally to blame for this fiasco.

As for there being no opportunities for UK outside EU I still think I, d take Peter Hargreaves' advice over OG's.
https://www.investmentweek.co.uk/investment-week/news/3032191/rich-list-peter-hargreaves-jumps-into-the-top-50-while-odeys-wealth-falls-gbp25m

I wonder if PH would pass judgement on a link without reading it. I doubt it.
 
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Woosh

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Completely wrong! It's because I want to SEE broad sunlit uplands I oppose Brexit that ruins that being a likely future.

It's more a case of seeing the reality that faces us than "faith" in some mystical Brexit Nirvana.
I give you a practical example: e-bike sellers.
we can compete better against German made bikes if we have WTO brexit.
It's not just e-bikes, machinery too.
 
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flecc

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you may not want to see any sunlit upland but there are many that do.
But they are mistaken. As I've pointed out so many times, post WW2 we went into continuous decline in manufacturing and commerce, ending up on the verge of bankruptcy and being managed by the IMF as a failed economy.

And that was against no competition compared to today. The Japanese resurgent industry was growing only very slowly and China, Taiwan, Indonesia, India, Brazil et al didn't even exist as manufacturing nations. And the USA's economic strength post WW2 made them more a buyer than an exporter for over two decades.

Since we failed so badly in those easy circumstances, it doesn't take a genius to understand that we wouldn't have a cat in hell's chance isolated as a minnow in today's world. Our historic success as a trading nation came only from possession of the huge captive market of our Empire, the minimal cost labour of slavery and the enforcement of our Royal Navy.

But those routes to economic success are no longer acceptable or possible in today's world. Today success can only be through producing the satisfactory at lower cost than others, or producing at such perceived high quality that it commands a premium. The first is impossible at anything like our current living standards and the record shows we've largely failed at the latter.
.
 
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Woosh

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if I were to deliver WTO brexit, I'd look very closely at joining the Trans Pacific Partnership. We'll lose big time in Europe but make up some losses with a possibly more prosperous future in Asia and US..
The TPP began as an expansion of the Trans-Pacific Strategic Economic Partnership Agreement (TPSEP or P4) signed by Brunei, Chile, New Zealand and Singapore in 2005. Beginning in 2008, additional countries joined the discussion for a broader agreement: Australia, Canada, Japan, Malaysia, Mexico, Peru, the United States, and Vietnam, bringing the negotiating countries to twelve.
 

flecc

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if I were to deliver WTO brexit, I'd look very closely at joining the Trans Pacific Partnership. We'll lose big time in Europe but make up some losses with a possibly more prosperous future in Asia and US..
Really?!

They're almost all on the Pacific seaboard or have far easier access to it than us. What would we sell to them, a UK made Japanese car when they already have them locally? And that far outside the EU means we have no aircraft industry.

Bromptons, Harris Tweed and the Duke of Cornwall's speciality produce isn't going to support 65 millions of us.
.
 
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