Jump to content
Wanderers Ways. Neil Thompson 1961-2021

Recommended Posts

Posted
8 minutes ago, Salford Trotter said:

As I've said previously there are enough economic think tanks, business leaders and small business owners who are much closer to the detail than any of us on here. Most predict a very challenging time that will some say will take revenue out of our economy forever when compared to staying in the EU. There is nothing that I have read so far that gives me the confidence that we will be economically better off other than phathom trade deal that haven't even started to be negotiated yet. An interesting read from Ray Barrell... 

Ray Barrell, professor of economics and finance, Brunel University London 
We are unlikely to see a Boris bounce in 2020 because that mirage depends largely on there being only positive benefits from ending the uncertainty. If you were holding back spending because you are uncertain whether you will be in the good state (Theresa May’s deal or better) or in the bad state (Johnson’s deal or worse), and uncertainty disappears, spending is likely to weaken now we are certain we are in the bad state. 

We now know that the economy will be between 2 and 6 per cent smaller in 10 years than it would otherwise have been. 

The downward glide path starts in 2020. Depending on the final deal, between 10 and 30 per cent of foreign direct investment in the UK will be moved, and productivity will as a result be lower than it would otherwise have been. 

And what is clear that the terms of those trade deals are unlikely to be better than those already agreed with the EU. Of course there will new trade deals agreed with new partners but who is to say what they will be worth and what we have to sacrifice to agree them. I offered the example of Mercusor about 2 years ago as a prime example of what damage could be done to our livestock farmers if we allowed them anywhere near our markets. 

For context the whole article is here.. 

https://amp.ft.com/content/bc7c3d82-2442-11ea-9a4f-963f0ec7e134

And there are plenty of economists who predict differently.

And, if they are all so clever, how come most, almost all, missed 2007/08?

Posted (edited)
1 minute ago, boltondiver said:

And there are plenty of economists who predict differently.

And, if they are all so clever, how come most, almost all, missed 2007/08?

Send me a link to them BD... Must be loads of them

Edited by Salford Trotter
Posted
3 minutes ago, Salford Trotter said:

Send me a link to them BD... Must be loads of them

Bloody lazy communist snowflake gay vegetarian wimp. Google it.

Posted (edited)
3 minutes ago, miamiwhite said:

I'll dig it ou pal

Thank you I was hoping you might say that😂

Like I said I can't find anything remotely encouraging from the WTO chief

Edited by Salford Trotter
Posted
1 minute ago, boltondiver said:

That has been posted a few times over the years, and ignored accordingly.

I know mate.

We'll be ok for seasonal workers when we leave the EU as there's enough fucking cherry pickers amongst the remainers on here 😊

Posted
2 minutes ago, boltondiver said:

That has been posted a few times over the years, and ignored accordingly.

And ST has now fucked off in a paddy and smashed his pint of Guinness over the table 😂😂🍺

Posted
17 minutes ago, Salford Trotter said:

Send me a link to them BD... Must be loads of them

Just for you?

Posted
10 minutes ago, boltondiver said:

That has been posted a few times over the years, and ignored accordingly.

But the WTO tariffs still apply don't they? He refers to the process of transitioning  between one trade body to another not the all tariffs will be removed and that trade will continue seamlessly, it won't. Remember if we remove WTO tarrifs for one trade partner that applies to all trade partners

Posted
Just now, Salford Trotter said:

But the WTO tariffs still apply don't they? He refers to the process of transitioning  between one trade body to another not the all tariffs will be removed and that trade will continue seamlessly, it won't. Remember if we remove WTO tarrifs for one trade partner that applies to all trade partners

For some reason, when anyone says Brexit is going to be difficult and cause massive problems, Brexiters hear that person screaming "the world is going to end!" - so they point to things that say the world ISN'T going to end, and think they've won the argument. 

Posted
4 minutes ago, Salford Trotter said:

But the WTO tariffs still apply don't they? He refers to the process of transitioning  between one trade body to another not the all tariffs will be removed and that trade will continue seamlessly, it won't. Remember if we remove WTO tarrifs for one trade partner that applies to all trade partners

Q.E.D.

We can all find 'fault' in reports that might go against what we believe.

The link you posted together with a couple of paragraphs: the author admits other trade deals may be done but then effectively dismisses them because "we don't know what their value will be". No shit Sherlock; like with a lot of what the future holds

Best stop looking for the doom reports and just get on with life. Just dragging yourself down without any reason to.

That's the big danger; mass fear of economic difficulty becoming self fulfilling.

Took delivery of a Miele vacuum cleaner yesterday. Back to basics in terms of its design but great reviews nevertheless.

The main reason though: it wasn't made in china which stopped me looking at shark or g-tech.

Point being we all still need stuff, and so long as we don't stop spending unnecessarily, (because someone said it might go bad) then we'll be fine as people want to trade.

Posted
12 minutes ago, Cheese said:

For some reason, when anyone says Brexit is going to be difficult and cause massive problems, Brexiters hear that person screaming "the world is going to end!" - so they point to things that say the world ISN'T going to end, and think they've won the argument. 

It isn't going to cause massive problems. Only folk like you keep trumpeting the same story.

Not one single leave voter on here has said their won't be any difficulties along the path of transition, that's a million miles from your food shortages etc.

Posted
1 minute ago, Tonge moor green jacket said:

Q.E.D.

We can all find 'fault' in reports that might go against what we believe.

The link you posted together with a couple of paragraphs: the author admits other trade deals may be done but then effectively dismisses them because "we don't know what their value will be". No shit Sherlock; like with a lot of what the future holds

Best stop looking for the doom reports and just get on with life. Just dragging yourself down without any reason to.

That's the big danger; mass fear of economic difficulty becoming self fulfilling.

Took delivery of a Miele vacuum cleaner yesterday. Back to basics in terms of its design but great reviews nevertheless.

The main reason though: it wasn't made in china which stopped me looking at shark or g-tech.

Point being we all still need stuff, and so long as we don't stop spending unnecessarily, (because someone said it might go bad) then we'll be fine as people want to trade.

I just wish it was all as simple as that, sadly the world is far more complex and requires much more rigor from all parties to ensure we don't irreparably damage our infrastructure as a result of rash decision making

Posted
1 minute ago, Tonge moor green jacket said:

It isn't going to cause massive problems. Only folk like you keep trumpeting the same story.

Not one single leave voter on here has said their won't be any difficulties along the path of transition, that's a million miles from your food shortages etc.

You better check with Mounts then as he has insisted we won't notice the difference. 

Posted
7 minutes ago, Tonge moor green jacket said:

It isn't going to cause massive problems. Only folk like you keep trumpeting the same story.

Not one single leave voter on here has said their won't be any difficulties along the path of transition, that's a million miles from your food shortages etc.

Don't forget the army have been patrolling the streets for months now.....they must be SAS as I cant see them anywhere 😏

Posted
13 minutes ago, Tonge moor green jacket said:

It isn't going to cause massive problems. Only folk like you keep trumpeting the same story.

Not one single leave voter on here has said their won't be any difficulties along the path of transition, that's a million miles from your food shortages etc.

As you are well aware, those comments were based on us crashing out with a No Deal Brexit back in March, which at the time looked highly likely. Thankfully, we didn't. The people continually referred to as "Democracy Deniers" have probably saved us from a mountain of chaotic shit.

Posted

I wonder what happened to those doom and gloom merchants who stockpiled copious amounts of tinned food ?

Probably had beans on toast for christmas dinner followed by tinned peaches.

Gobshites 🏳😏

Posted
2 minutes ago, miamiwhite said:

I wonder what happened to those doom and gloom merchants who stockpiled copious amounts of tinned food ?

Probably had beans on toast for christmas dinner followed by tinned peaches.

Gobshites 🏳😏

I suspect they were as few and far between as those folk who said they were going to kick off and riot if we didn't leave the EU at the end of March...

Posted
8 minutes ago, Cheese said:

I suspect they were as few and far between as those folk who said they were going to kick off and riot if we didn't leave the EU at the end of March...

We leave the drama queen stuff to the remainers and the likes of those cretins protesting on Whitehall on the night of friday the 13th.

All gone quiet with those gobshites hasn't it ?

Posted
9 minutes ago, miamiwhite said:

We leave the drama queen stuff to the remainers and the likes of those cretins protesting on Whitehall on the night of friday the 13th.

All gone quiet with those gobshites hasn't it ?

I'd say both sides have their fair share of drama queen's. Gammon-faced hooligans screaming in the faces of female politicians are equally as dramatic as a someone wearing a top hat and shouting "STOP BREXIT" outside Parliament. 

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.