Tory Brexit No Deal DOOM™: Labour

[sasguru]

there are still lots of things this country does very well, high end engineering, technology, pharma etc

That's right.
Unfortunately the manufacturing sector is too small/not enough is British owned.
80% of what Britain does well is in services (I'd include pharma and some tech e.g. software in that), and unfortunately the biggest industry is financial (you know all those rich Bankers that Brexiters want to leave who pay the taxes for public services and whose infrasturcture keeps 1000s of SMES going).
Sadly none of the external countries we might sign trade deals with will want to know about services competing with theirs or freedom of movement.
In the long run the UK may or may not succeed (history is not encouraging on national renewal when a country is in a post-peak dissolute stage), but in the short and medium term it's going to take a hit.

[filthy1980]

That's right.
Unfortunately the manufacturing sector is too small/not enough is British owned.
80% of what Britain does well is in services (I'd include pharma and some tech e.g. software in that), and unfortunately the biggest industry is financial (you know all those rich Bankers that Brexiters want to leave who pay the taxes for public services and whose infrasturcture keeps 1000s of SMES going).
Sadly none of the external countries we might sign trade deals with will want to know about services competing with theirs or freedom of movement.
In the long run the UK may or may not succeed (history is not encouraging on national renewal when a country is in a post-peak dissolute stage), but in the short and medium term it's going to take a hit.

adopt free market low taxation and regulation principles and that "hit" could be very short lived, try to do more of the same then you are doomed to failure

like I said Brexit can be a very exciting opportunity to correct a failing path, no one wants to stay on a failing path even if all your mates are heading in the same direction

[BlasterBates]

That's right.
Unfortunately the manufacturing sector is too small/not enough is British owned.
80% of what Britain does well is in services (I'd include pharma and some tech e.g. software in that), and unfortunately the biggest industry is financial (you know all those rich Bankers that Brexiters want to leave who pay the taxes for public services and whose infrasturcture keeps 1000s of SMES going).
Sadly none of the external countries we might sign trade deals with will want to know about services competing with theirs or freedom of movement.
In the long run the UK may or may not succeed (history is not encouraging on national renewal when a country is in a post-peak dissolute stage), but in the short and medium term it's going to take a hit.

If you listen to Jacob Rees-Mogg and his cohort of followers the argument is to unilaterally reduce all tariffs into the UK to make goods cheaper and therefore to almost completely irradicate any potential of exporting competitively for huge swathes of British industry, since this wouldn't be reciprocated. If they want reciprocated agreements it would take many years of painstaking negotiations and this would mean consumers paying massive import tariffs until they got trade agreements. Many trade deals involve freedom of movement, and the relaxation of visa rules. For example if the UK signed up to NAFTA any Mexican with a reasonable educational qualification would be entitled to come to the UK and potentially the UK market could be flooded with Mexican and American contractors.

In other words the dreams of the isolationist Brexiteers are not deliverable without ending up like Greenland, impoverished and then returning to suck the teat of the EU.

[AtW]

adopt free market low taxation and regulation principles and that "hit" could be very short lived, try to do more of the same then you are doomed to failure

Low taxation, how is that possible in a country that got no other revenues to fund massive spending?

[meridian]

adopt free market low taxation and regulation principles and that "hit" could be very short lived, try to do more of the same then you are doomed to failure

like I said Brexit can be a very exciting opportunity to correct a failing path, no one wants to stay on a failing path even if all your mates are heading in the same direction

Whether it's currently a "failing path" is only your opinion. Most other countries around the world seem to see the way forward is to form regional trading blocks, so perhaps you know something they don't...

As Brexiters are fond of mentioning, we already trade with other countries outside the EU, so your plan appears to be to feck things up for the 40+% of trade that goes to the EU, and force everyone to ship their goods and services elsewhere?

[sasguru]

adopt free market low taxation and regulation principles and that "hit" could be very short lived, try to do more of the same then you are doomed to failure

like I said Brexit can be a very exciting opportunity to correct a failing path, no one wants to stay on a failing path even if all your mates are heading in the same direction

Ah yes the wet dream of the Tory right.
Problem is I doubt if the majority of the Brexiters voted for that
What did they vote for?
WHo the fook knows, an impossible dream: have your cake and eat it, send the foreigners back and still have staff to pick fruit and work in the NHS, look after us poor folk but we dont really know where the money is going to come from, let's get back to the past but still be in the future and other unicorn-loving stupidity.

[AtW]

What did they vote for?

They voted for Brexit.

And Brexit means Brexit, stoooopid!

[northernladyuk]

Come on, oPM. You can do it!

They voted for Brexit.

And Brexit means Brexit, stoooopid!

It means leaving the European Union.

[sasguru]

They voted for Brexit.

And Brexit means Brexit, stoooopid!

Quite. The only real Brexit is no-deal WTO rules. And I'm inclined to think that is the best option for the country in the long run.
Every country has its myths - the problem is if they're believed too much.
Every country needs a very painful period to reflect and to realise what it is and what it is not.

[BlasterBates]

Theresa May warns she will reject Brexit transition if UK has failed to strike long-term EU trade deal | The Independent

The only possible outcome from the Brexit negotiations is some sort of abject humiliation of some kind or another

Oh dear,
Oh deary me,
Oh deary deary me