The Brexit referendum thread: potential consequences for GB, EU and the Brits in CH

[fatmanfilms]

	Quote:
	Dyson - Singapour

Do you really expect manufacturing to de done in the UK or the EU for that matter. Design is where the skill is & thats done in the U.K.
If the UK was a manufacturing tax haven, then it would be another thing, with luck it will be after BREXIT.

	Quote:	fatmanfilms
	...with luck it will be after BREXIT.

Yup, sod the definites and the planning, and break out the emergency "luck".

Better stock up on charms, pennies for the well, and lots of fingers-crossed.

	Quote:	fatmanfilms
	Do you really expect manufacturing to de done in the UK or the EU for that matter. Design is where the skill is & thats done in the U.K. If the UK was a manufacturing tax haven, then it would be another thing, with luck it will be after BREXIT.

Why must that only change after Brexit? There is nothing in the Single Market rules stopping the UK doing that already as long as it is fairly applied between domestic and international (EU) trade (i.e not a hidden subsidy).

	Quote:
	I suspect if you join a currency union, as Italy did, you can't unilaterally decide you need to print a shit ton more currency - devaluing it for everyone else - without asking them.

Exactly this. The Euro has its own set of rules including restrictions on government debt and deficits, both annual and long-term, that all member countries* signed up for. Details here for example.

* Including Italy. A decision by the then democratically elected government. Italy can only break the rules if it leaves the Euro. Otherwise it will face some hefty fines.

[greenmount]

	Quote:
	I suspect if you join a currency union, as Italy did, you can't unilaterally decide you need to print a shit ton more currency - devaluing it for everyone else - without asking them.

They're ignoring all the conditions they had to meet prior to joining the common currency and also the fact that they have to stick to these conditions - e.g. budgetary deficit less than 3% if I'm not wrong. So a strong and stable currency got you out from your misery and now you want to go back and drag everyone along with you. Nice.

Anyway, a common currency makes sense only when everyone is committed and has a similar economic power. Not recommended for tier 2 or tier 3 states.

	Quote:	greenmount
	They're ignoring all the conditions they had to meet prior to joining the common currency and also the fact that they have to stick to these conditions - e.g. budgetary deficit less than 3% if I'm not wrong. So a strong and stable currency got you out from your misery and now you want to go back and drag everyone along with you. Nice. Anyway, a common currency makes sense only when everyone is committed and has a similar economic power. Not recommended for tier 2 or tier 3 states.

Exactly, it isn't a sovereignty issue at all, it is buyer's remorse for that golf club membership you took out then realized you couldn't afford if you also wanted a new car.

[marton]

	Quote:
	If Rees Mogg and co get the 'no deal' they want and are aiming for, and Raab and co refuse to pay the 'divorce' bill which has been agreed- *it will hit the fan- big time. Call it project fear if you wish. You have a British passport or a EU one? British passport will have to go to the non EU queue, Schengen or no Schengen, and irrespective of where you travel from.

France could BLOCK Calais
FRANCE could deliberately disrupt British imports and exports out of Calais if the UK fails to pay the £39billion divorce bill in the event of a ‘no deal’ Brexit, it has been claimed.

Source

Every problem has a solution

Indeed - ooooops, the British forgot they are an Island

A shocked Cabinet was today told of Department of Transport contingency plans to own or lease roll-on roll-off lorry ferries to make sure vital supplies of goods, food and medicines continue to reach these shores if the UK leaves the EU without a deal.

According to work commissioned by Chris Grayling, the transport secretary, a possible French decision to reintroduce customs checks could reduce freight coming into the UK via Dover and the Channel Tunnel by around 85%.


But they can buy and run all the Ferries they can get their hands on, and wo/man them with ????? staff, but if the French won't let them come in or out ... they won't. Happened before- but this time will be much much worse.

No planes out either - siege.

	Quote:	marton
	France could BLOCK Calais FRANCE could deliberately disrupt British imports and exports out of Calais if the UK fails to pay the £39billion divorce bill in the event of a ‘no deal’ Brexit, it has been claimed. Source Every problem has a solution

	Quote:
	Indeed - ooooops, the British forgot they are an Island A shocked Cabinet was today told of Department of Transport contingency plans to own or lease roll-on roll-off lorry ferries to make sure vital supplies of goods, food and medicines continue to reach these shores if the UK leaves the EU without a deal. According to work commissioned by Chris Grayling, the transport secretary, a possible French decision to reintroduce customs checks could reduce freight coming into the UK via Dover and the Channel Tunnel by around 85%. But they can buy and run all the Ferries they can get their hands on, and wo/man them with ????? staff, but if the French won't let them come in or out ... they won't. Happened before- but this time will be much much worse. No planes out either - siege.

People need to seriously get a grip. If France were to behave in such a manner, and I seriously don't believe they would, it would be as close as you could get to declaring war. EU nations are able to trade and have planes landing from hostile nations like Russia and Iran, this scaremongering is beyond absurd. And IF France were to behave in such a manner, then there are ports like Zeebrugge with super RO-RO facilities that I'm sure would be more than happy for the extra business.

	Quote:	Loz1983
	People need to seriously get a grip. If France were to behave in such a manner, and I seriously don't believe they would, it would be as close as you could get to declaring war. EU nations are able to trade and have planes landing from hostile nations like Russia and Iran, this scaremongering is beyond absurd. And IF France were to behave in such a manner, then there are ports like Zeebrugge with super RO-RO facilities that I'm sure would be more than happy for the extra business.

Nobody said anything about them STOPPING the trade, just employing extra checks. Just like from the "hostile nations" of Russia and Iran.

[Urs Max]

	Quote:
	But they can buy and run all the Ferries they can get their hands on, and wo/man them with ????? staff, but if the French won't let them come in or out ... they won't. Happened before- but this time will be much much worse. No planes out either - siege.

No use as that won't make the port in Calais UK-owned let alone UK territory. And even if it did, France could simply hinder traffic to and from Calais. Assuming that's the intent in the first place, which it probably isn't.

	Quote:	marton
	France could BLOCK Calais FRANCE could deliberately disrupt British imports and exports out of Calais if the UK fails to pay the £39billion divorce bill in the event of a ‘no deal’ Brexit, it has been claimed. Source Every problem has a solution

Usual Express bullsh1t imo. There is not one quote from the French side, not one indication that this is actually being planned. Just some blue sky speculation from a couple of incompetent UK ministers that the Express have spun into a story.

If the UK exits the single market there will have to be checks so yes, there will be delays, as has been known since (or before) the vote. But nothing to do with the divorce bill.

[curley]

Next thing they'll tell everybody is that Europe is planning on starving the Brits.

No worries, the Irish will save them. (Don't they have a good reputation at smuggling?)

[marton]

	Quote:	Loz1983
	People need to seriously get a grip. If France were to behave in such a manner, and I seriously don't believe they would, it would be as close as you could get to declaring war. EU nations are able to trade and have planes landing from hostile nations like Russia and Iran, this scaremongering is beyond absurd. And IF France were to behave in such a manner, then there are ports like Zeebrugge with super RO-RO facilities that I'm sure would be more than happy for the extra business.

	Quote:
	France will not accept a European Commission proposal to exclude French ports from a re-routed trade corridor between Ireland and mainland Europe after Brexit, the government has said.

Source

Zeebrugge is in the EU so there may be limitations on new UK routes?

	Quote:	curley
	Next thing they'll tell everybody is that Europe is planning on starving the Brits. No worries, the Irish will save them. (Don't they have a good reputation at smuggling?)

Latest news is that Theresa May has advised the population to watch all episodes of Dad's Army as a preparation for what is expected to come.

[marton]

	Quote:
	Usual Express bullsh1t imo. There is not one quote from the French side, not one indication that this is actually being planned. Just some blue sky speculation from a couple of incompetent UK ministers that the Express have spun into a story. If the UK exits the single market there will have to be checks so yes, there will be delays, as has been known since (or before) the vote. But nothing to do with the divorce bill.

Also no quotes from the French side of resourced plans to improve the Calais infrastructure to handle increased Customs checks; plenty of plans but no committed funding.
If a no deal Brexit happens next March then a new infrastructure is unlikely to be detail designed, approved and built in 4 months.

[fatmanfilms]

	Quote:
	Why must that only change after Brexit? There is nothing in the Single Market rules stopping the UK doing that already as long as it is fairly applied between domestic and international (EU) trade (i.e not a hidden subsidy).

UK is already a tax haven to Non Doms.
Well Apple got screwed by the EU on it's Irish tax deal so I guess international companies won't trust the EU anymore.

	Quote:	fatmanfilms
	UK is already a tax haven to Non Doms. Well Apple got screwed by the EU on it's Irish tax deal so I guess international companies won't trust the EU anymore.

It's funny when people consider companies having to pay tax that they owe as "getting screwed". Funny old world.

[Blueangel]

	Quote:	fatmanfilms
	Well Apple got screwed by the EU on it's Irish tax deal so I guess international companies won't trust the EU anymore.

I watched an extended news item the other night, about the opening of the new bridge linking Hong Kong to mainland China. It went on to show how China has looked at their balance of trade and decided that it spends far too much on importing technology. So they've invested billions in training in an effort to readdress this imbalance.

Please show me any trade sector where the UK government has, or plans to, spend billions on investment in training British people?

Please tell me how the UK can trade with a massive nation who has become self sufficient in many areas and is expanding upon that? What does the UK have that they need, other than London property that's bought as an investment, then left standing empty?

[Jim2007]

	Quote:	fatmanfilms
	Well Apple got screwed by the EU on it's Irish tax deal so I guess international companies won't trust the EU anymore.

Well actually the outcome has yet to be decided.... but don't let the facts interfere with your opinion.