Yes. Why is he SO negative the whole time? In the words of Christopher Hitchens 'You give me the awful impression of someone who hasn't ever read any of the arguments against your position".
There is no balance. As you rightly say there are obvious risks of staying in the Union as well as coming out. But the way the man speaks its as if the risk is all one way. This is blatantly not the case.
And others here repeat the idea that we will have no access to the single market. That is such utter crap. Even with no deal we will have all the access we want - on WTO terms. Which means a what is it 3% tariff? (corrections no doubt will arrive but so long as its less than the drop in the pound we're fine - plus of course the chances of the Germans wanting any tariffs on us buying thei BMWs Audis and Mercedes are SO LOW its very probable to me there will be no tariffs to most trade between us) The drop in the pound will take care of that - we'd still be way cheaper than before the vote.
But to some everything is negative.
What about Dyson's announcement the other day? Investing here another £3.5b? Adobe recently announced a major investment saying Brexit was of no consequence to them.
Why do so many organisations like having a base in the UK? Common law. We have common law which means once a case has been judged one way you can't then change it - like you can with Roman law (which they have in most (all?) EU states). That will not change. Common law is an absolute boon for us. Its not going anywhere.
But all we hear from some is a stream of negative. Nothing positive to say. No acknowledgement of the risks of staying - no nuanced understanding of how come so many people voted the way they did - just some blanket 'they're all thick stupid middle Englanders' - is it surprising so many people voted to leave when the CBI the TUC the NFU and most other trade organisations and international bureaucracies and every politician Cameron and Osborne could call a favour from told us to stay? Talk about against all odds! What a shock result!
But here we are.
To me the important thing is not so much Brexit - which is a done deal now - its how we reform internally once its done - how we create a more thriving and vibrant economy open to new markets and the like. Thats where things get really interesting. And the results we probably won't see for 20 years or so.
As the Chinese curse goes - oh to live in interesting times.
You are wrong WTO tariffs average out at 10%. The current EU/UK tariff from China is about 4% average.
If you take the situation of BMW Mini...parts cross the Channel 4 times just to assemble the Mini in the UK. 50% of Minis are already made in the EU,if you were BMW it is surely logical to only make those Minis that are sold in the UK to avoid the 10% tariff,that will considerably reduce the capacity at Coventry.
Remember the final assembly plant is often the cheaper and mobile part of car production....jigs,fixtures,robotics are easily transferable
I can see Toyota,Nissan,JLR,Honda doing similar and only after they have squeezed additional grants out of Theresa May,on the excuse of making more product here to avoid the tariffs.....in other words we will invest more money to have smaller businesses,but at least politically it will appear that the government have gained out of Brexit.
It is true that the weaker £ is forcing up prices from Asia and in some cases this has resulted in manufacturing returning to the UK. But we don't have the manufacturing base to take advantage of on shoring and the 20% increase in Asian costs is not enough to commit to moving,it is easier to just put prices up in the UK.....anyway if Trump destroys the dollar,the £ may relatively increase in value.
Will the people who voted for Brexit in the hope it would improve their living standards wait 20 years to see the result? I think they thought it would take only a couple of years maximum.
Dyson talking about investing in the UK.....yeh!, talk is cheap....he got a lot of negative press when he moved production to Malaysia,such an announcement is good publicity. I could say that I am planning to move Kudos cycles production back to the UK,post Brexit,it would be good publicity and who is to say I won't do it,hehe........
KudosDave