Brexit, for once some facts.

[Kudoscycles]

Absolutely spot on Flecc, the amazing thing is that Brexit Voters fail to understand what is about to happen to them.

Actually we dont know what Brexit voters want because most of them are impotent to say what they want and many are frightened to voice an opinion.
I am concerned that May will squash any views until after the deal is done and it will be too late for Brexiters who have second thoughts to do anything about it.
May was very quick to delete any chance of staying in the single market or the customs union,she has already decided on a hard Brexit or probably no deal,but I still havent decided what May and Co are getting out of it....her stupid actions in the house yesterday made me question wthether we are being lead by a sane lady.
KudosDave

 

[Woosh]

I am a grammar school boy and my wife also,we were paid to go through uni and getting a good job after was easy

back in those days, less than 10% of youngsters went to uni. Do you want to go back in time?

 

[Kudoscycles]

Tillson.....I will keep this brief...if Theresa May agrees to a divorce settlement,will you be happy if that settlement is £50 billion?
I ask this because May has a mandate to agree whatever settlement she wishes and there is nothing parliament can do about it.
I dont think man from Huddersfield is going to be happy with giving anything to the EU,but there is nothing any of us can do about it....that is not democracy,that is a dictator and we are allowing her to get away with it.
Simple question would you be happy with £50 billion?
KudosDave

 

[KTM Bike Industries UK]

Yes - whoever this KTM guy/gal is they sure take a very strong anti-trade stance in all this. Which seems very very odd to me given they are a 'trade member'. Most odd.

Sorry, only just spotted this and I think it deserves a reply.

Not sure how you can accuse me of being anti trade, seen as its what I've spent the last 20 years of my life doing.

My company has traded with the US, Asia, Australia and the EU, and I can assure you my pro EU stance is based on the ease of trading within it. Its not that I'm anti trade with the others. In fact I'm a bit shocked that some people seem to think the EU prevents us trading with others. It doesn't.

What makes you think I'm anti trade?

 

[Woosh]

will you be happy if that settlement is £50 billion?

May I add my answer?
you should perhaps deduct the shared assets. The agreable sum may be well below £30bn.
Even to consider paying for the full amount, in the scheme of things, we should compare £50bn against the amount we have paid so far (£380bn, source ONS), it is still acceptable for a deal that suits us.

 

[KTM Bike Industries UK]

Tillson.....I will keep this brief...if Theresa May agrees to a divorce settlement,will you be happy if that settlement is £50 billion?
I ask this because May has a mandate to agree whatever settlement she wishes and there is nothing parliament can do about it.
I dont think man from Huddersfield is going to be happy with giving anything to the EU,but there is nothing any of us can do about it....that is not democracy,that is a dictator and we are allowing her to get away with it.
Simple question would you be happy with £50 billion?
KudosDave

I'm guessing you've seen this David?

"OLAF calculated that U.K. customs’ “continuous negligence” deprived the EU of €1.987 billion in revenues in lost duties on Chinese merchandise. The highly sophisticated organized crime network also stripped €3.2 billion from the value-added-tax income of major EU countries such as France, Germany, Spain and Italy, the investigators said. "

http://www.politico.eu/article/uk-faces-e2-billion-eu-payment-for-china-fraud-trade/

 

[tillson]

Tillson.....I will keep this brief...if Theresa May agrees to a divorce settlement,will you be happy if that settlement is £50 billion?
I ask this because May has a mandate to agree whatever settlement she wishes and there is nothing parliament can do about it.
I dont think man from Huddersfield is going to be happy with giving anything to the EU,but there is nothing any of us can do about it....that is not democracy,that is a dictator and we are allowing her to get away with it.
Simple question would you be happy with £50 billion?
KudosDave

It's not possible to answer that without knowing what we receive in return. There is some suggestion that we could leave and pay nothing.

 

[tillson]

You might be in favour, and you might have a specific example upon which your opinion is based. Those kids would have done just as well at any school because they wanted to work hard.

The point I made is that you might be wrong when you look at the national picture and what the experts think is best. I'm an ex teacher, I worked in a wide range of schools and I don't agree with you.

Do I get detention for disagreeing with you Sir?

 

[KTM Bike Industries UK]

Do I get detention for disagreeing with you Sir?

nope.. i have no problem with people disagreeing with me.

I do have a problem with the goverment listing to people with "opinions" that are in many cases based on incorrect information or a small sample of examples.

Government should be listing to experts.

Its why referendums are a bad idea. Much like you don't ask a class of 30 year 9 kids what they want to do, because you won't get the answer that is best for them.

Popular doesn't mean its good.

Which is why the lords is needed, because ultimately the commons is a popularity contest which is a bit dangerous at times, when single issues dominate debate.

 

[Woosh]

Its why referendums are a bad idea. Much like you don't ask a class of 30 year 9 kids what they want to do, because you won't get the answer that is best for them.

You can't compare voters with kids.

 

[KTM Bike Industries UK]

You can't compare voters with kids.

Lol... really.

I'm afraid you can.

Most people don't have a clue about most things, and I include myself in that.

 

[Woosh]

you still can't say it in a public forum though.

 

[KTM Bike Industries UK]

you still can't say it in a public forum though.

I can, and I think I just did, didn't I?

Most things, the public can't be trusted to make a decision on.

I can't even be sent to Morrisons on my own, I just come back with bakewell tarts!!

I have a detailed knowledge of the workings of the EU and the benefits it brings, we trade within, we've used the courts, we know the law etc etc etc. I still think the referendum was above my pay grade.

I researched my vote, spent months debating it to make sure I was comfortable with my decision as it wasn't just about me / my business etc etc.

and yet, many will have read the paper, decided that immigrants were the problem and voted leave.

 

[Woosh]

Most things, the public can't be trusted to make a decision on.

On this technically complex issue, a qualitative response is adequate and that is probably what we have got.
If it turns out we were wrong, then we can always change our mind later, but if we are right, will you eat your hat?

 

[Kudoscycles]

back in those days, less than 10% of youngsters went to uni. Do you want to go back in time?

Many now shouldnt go to uni....media studies,beach management?...its really a 3year gap before work.
KudosDave

 

[Kudoscycles]

I'm guessing you've seen this David?

"OLAF calculated that U.K. customs’ “continuous negligence” deprived the EU of €1.987 billion in revenues in lost duties on Chinese merchandise. The highly sophisticated organized crime network also stripped €3.2 billion from the value-added-tax income of major EU countries such as France, Germany, Spain and Italy, the investigators said. "

http://www.politico.eu/article/uk-faces-e2-billion-eu-payment-for-china-fraud-trade/

I estimate that 50% of the sales on e-bay are vat fraudulent....Hammond was scratching around getting 170 million from NIC and there is a pot of gold if HMRC sort out e-bay.
Those figures are the direct costs,if e-bay was attacked properly,honest UK companies would sell so much more and pay tax on the profits.
KudosDave

 

[Kudoscycles]

May I add my answer?
you should perhaps deduct the shared assets. The agreable sum may be well below £30bn.
Even to consider paying for the full amount, in the scheme of things, we should compare £50bn against the amount we have paid so far (£380bn, source ONS), it is still acceptable for a deal that suits us.

But if it is £50 billion would you be happy with such a settlement,for parliament has no vote against it,except a no deal vote,it may be that.
KudosDave

 

[KTM Bike Industries UK]

On this technically complex issue, a qualitative response is adequate and that is probably what we have got.
If it turns out we were wrong, then we can always change our mind later, but if we are right, will you eat your hat?

I would be VERY happy to eat my hat. I don't want to be right on this.

I want the UK to be successful.

However prior to the vote, I spoke to a number of people I know who run businesses that are based in the UK and represent US brands that use the UK to access the EU market. They all said they'd expect to see their HQs move to the EU.

and now guess what... its being proven to be true.

http://uk.businessinsider.com/study-brexit-us-economic-impact-single-market-american-chamber-of-commerce-to-eu-report-2017-3

LONDON — Leaving the European Union's single market could put at risk the future of 1.4 million jobs and an accumulated $593 billion of direct investment from US companies in Britain, according to a prominent US business group.

 

[Kudoscycles]

It's not possible to answer that without knowing what we receive in return. There is some suggestion that we could leave and pay nothing.

God you are a frustrating guy to have a discussion with,I asked a very straightforward question.....'if the divorce settlement was £50 billion would you be happy to pay that?
KudosDave

 

[Woosh]

and now guess what... its being proven to be true.

they are hedging their bets like you would buy Euros in advance when the rate is good. I bought some last month at 1.18.
In about 6 months, the picture will get clearer, the Pound languishing at 2 month low at the moment may recover a bit.
I am thinking of putting my prices up by 3%-4% at the end of March.