Brexit talks cannot succeed

[northernladyuk]

So currency fluctuations have resulted in it being nearly the same as in Jun 2011? Well before the referendum and EUgeddon started, lets forget every man & his dog is playing GBP down.

I must rush out and build the bunker in the back yard I'm sending Mrs V to buy baked beans!

Baked beans and bunkers make for unhappy bedfellows.

[woohoo]

Imagine courting trade deals with the rest of the world after ripping up a free trade deal with the largest trading block in the world after defaulting on the bill. Not a great advertisement is it? Of course the UK will pay and for this reason. The UK is in a very weak position here.



The world economy works because we agree to trade this for that. Not because we out smart the partner. We simply must trade with some EU countries just because our climate does not allow for the same produce back home, for example.



Why? Productively is nothing to do with worker volume, if that's what you're getting at.

Productivity increases with competition.
Noncompetitive industries that are protected by trade barriers like those found in the custom union don't have to be competitive to survive. Outside of the custom union they do have to be competitive.

The rest of your post is nonsense.

[woohoo]

Baked beans and bunkers make for unhappy bedfellows.

I like the smell of my own farts.

[scooterscot]

Productivity increases with competition...

Tell that to users of the rail network!

[scooterscot]

I like the smell of my own farts.

Then you should spend more time in a spacesuit.

[BlasterBates]

Productivity increases with competition.
Noncompetitive industries that are protected by trade barriers like those found in the custom union don't have to be competitive to survive. Outside of the custom union they do have to be competitive.

The rest of your post is nonsense.

British companies will be competing at a disadvantage when exporting to the EU. So all the European companies will survive at the expense of British companies.

As Professor Minford says who is a Brexiteer. After Brexit there won't be much left of British manufacturing.

[woohoo]

Tell that to users of the rail network!

hah, that's true. But then there is an argument from some that it's impossible to have a private competitive rail network and for it to work well. It needs to be state funded (as an investment) to enable other business to thrive. I think there is some truth in this but my knowledge of railway is limited to a few articles and tv progs.

[eek]

Imagine courting trade deals with the rest of the world after ripping up a free trade deal with the largest trading block in the world after defaulting on the bill. Not a great advertisement is it? Of course the UK will pay and for this reason. The UK is in a very weak position here.



The world economy works because we agree to trade this for that. Not because we out smart the partner. We simply must trade with some EU countries just because our climate does not allow for the same produce back home, for example.



Why? Productively is nothing to do with worker volume, if that's what you're getting at.

Productivity has everything to do with worker volume, to compete you can use cheap labour and keep your existing systems going or invest so productivity increases allowing staff numbers to be reduced with the remaining staff paid more..

[woohoo]

British companies will be competing at a disadvantage when exporting to the EU. So all the European companies will survive at the expense of British companies.

As Professor Minford says who is a Brexiteer. After Brexit there won't be much left of British manufacturing.

Yep but if I've understood Pro Minford the people paying for this, the consumer (business and individuals) are subsidizing goods, so we pay a tax to enable company A to sell its products. We pay a tax because we stop company b in the US for example selling us the same product cheaper.

The idea if business is to thrive it needs to be dynamic more productive. If it can't survive in the outside world then it dies off.

I agree this is pretty tulip if you find you are out of a job but the idea is that industry and services that we excel at will thrive and those inefficient industries get better more productive. As a contractor I'm used to finding my own work and depending on myself but I agree others will struggle.

But this happens all over the place, years ago I took redundancy because the industry I was in was overtaken by offerings on the internet. The industry adapted and I moved on to bigger better things.

[woohoo]

Then you should spend more time in a spacesuit.

I find a warm shower works just as well for radiating the smell.