Brexit Economics Lesson 1 - Who has the real power in negotiations

[VectraMan]

This is a bit stark but some of it I agree with.

Can you not understand why people want to protect their income and standard of living though? Up against an unfair cost base and with much of the money earned by immigrants from around the world being repatriated to their country? Money leaving our economy which then decreases as a result.

Yep. As I said I can understand why some people want protectionism. The thing about the EU is that it tries to achieve equality between the members so that ultimately nobody is being undercut. If we have free trade with China, as may happen, then UK companies have no hope against Chinese companies willing to work their workers 12 hours a day with poor safety and no care for the environment; all things we would never accept. The EU has rules about all those things so that we can have free trade with them on fair terms. Brexiters call all these sorts of things political interference, but really it's about trade.

And you can't stop money going abroad. If you're going to complain about migrants working here and sending money back to Poland then you must also complain about someone here buying a BMW rather than a Rover. And then suddenly you're not trading with anyone. It's not better to have less money moving around; it's better to have more.

[CretinWatcher]

Probably for the first time in recent history UK will have to negotiate as the weaker side in the negotiations

Nah we can send over an aircraft carrier and stick it up Johnny Foreigner.
Oh wait, we don't have any at the mo.
Maybe we can borrow one from the French ......

Lucky its 4.30 I'm getting this belly chuckle that never stops that the morons on CUK never fail to provide.

[GB9]

Yep. As I said I can understand why some people want protectionism. The thing about the EU is that it tries to achieve equality between the members so that ultimately nobody is being undercut. If we have free trade with China, as may happen, then UK companies have no hope against Chinese companies willing to work their workers 12 hours a day with poor safety and no care for the environment; all things we would never accept. The EU has rules about all those things so that we can have free trade with them on fair terms. Brexiters call all these sorts of things political interference, but really it's about trade.

And you can't stop money going abroad. If you're going to complain about migrants working here and sending money back to Poland then you must also complain about someone here buying a BMW rather than a Rover. And then suddenly you're not trading with anyone. It's not better to have less money moving around; it's better to have more.

Don't agree with all of it but well made.

[WTFH]

And you can't stop money going abroad. If you're going to complain about migrants working here and sending money back to Poland then you must also complain about someone here buying a BMW rather than a Rover. And then suddenly you're not trading with anyone. It's not better to have less money moving around; it's better to have more.

But Rover are owned by Tata, so ultimately the profits from Rover (and Jaguar Land Rover) all end up going to India.


You want to buy British, here's the list:


AC Cars
Ariel
Briggs Automotive Company
Bristol Cars
Ginetta Cars
McLaren Automotive
Morgan Motor Company
Noble Automotive
TVR Motor Company

[vetran]

But Rover are owned by Tata, so ultimately the profits from Rover (and Jaguar Land Rover) all end up going to India.


You want to buy British, here's the list:


AC Cars
Ariel
Briggs Automotive Company
Bristol Cars
Ginetta Cars
McLaren Automotive
Morgan Motor Company
Noble Automotive
TVR Motor Company

so all premium cars.

Not sure Mr Mondeo is going to afford them.

[WTFH]

so all premium cars.

Not sure Mr Mondeo is going to afford them.

All the affordable brands were bought by foreigners cause they saw the potential to make easy money. What's left is a bunch of car enthusiasts who are selling (in total) around 6,000 cars a year globally (McLaren being responsible for over half the sales)


If you wanted to make an affordable British car, it would need serious government backing, i.e. a national-owned manufacturer.
...but that would be too socialist to be allowed, therefore the British automotive industry is dead.

[MrMarkyMark]

The one thing we do well is supply luxury goods to the rest of the world.
We make some of the best shoes in the world, to take one example.
Fishing rods, to take another.

However, in reality, we make feck all general consumer stuff.

[VectraMan]

But Rover are owned by Tata, so ultimately the profits from Rover (and Jaguar Land Rover) all end up going to India.

I was referring to old British Leyland really; I'd forgotten that Rover still do sort of exist.

The global success that is the BMW Mini is built in Oxford more than anything because it's an iconic British brand and the Germans recognised the marketing value in being able to say it was British. Shame it took BMW to make it such a success.

[vetran]

I was referring to old British Leyland really; I'd forgotten that Rover still do sort of exist.

The global success that is the BMW Mini is built in Oxford more than anything because it's an iconic British brand and the Germans recognised the marketing value in being able to say it was British. Shame it took BMW to make it such a success.

Indeed similar to Rolls Royce & Bentley.

We could of been world beaters again if we had stepped up. A Roller at £200k would be very saleable.

[jamesbrown]

Can I propose a change in username to SasCretin? Your use of sockies really is very tedious indeed.