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

[Urs Max]

	Quote:	fatmanfilms
	60% is the vast majority, significantly higher than voted leave. The difference between rich & poor is surprisingly small IMHO.

60% of the poor households, not 60% of the poor grownups. That probably means only a minority own a motorised vehicle, and no that's not necessarily a car.

Besides, 60% isn't the vast majority.

[Jim2007]

	Quote:	fatmanfilms
	No reason to protect farmers or anyone for that matter.

Of course the BS BREXIT attitude absolute nothing matters about the best interests of my country and it's citizens so long as I have my way. And of course complete ignorance of what it will actually mean.

[Jim2007]

	Quote:	fatmanfilms
	It's strange nobody bothered to mention the UK budget. The UK is booming! growth targets being raised. Personal allowance & higher rate tax threshold promises 1 year only, whats not to like? https://www.theguardian.com/uk-news/...18-at-a-glance

Ah yes the budget based on the assumption that there will be a deal and that the Chancellor has already stated will have to be revised in the event of a no deal situation.

And the UK economy is doing so well because for the first time ever it enjoys the same conditions that Germany, Austria and Ireland enjoy - the ability to avail of EU trade agreements that cover 90% of their exports and being able to trade in any under valued currency with little or no expense to the exchequer! Had they done this along time ago there exports might be up in the same range as that of those countries 40%-50% versus the 16% they currently do.

[3Wishes]

Poking my head in again to ask another dumb question.

I keep hearing for calls to hold a vote on any Brexit deal that May's government strikes with Brussels.

What would this accomplish? The people could tell the govt they hate the deal, but then what?

Isn't Brexit a foregone conclusion in March whether the people like the deal (if any) or not?

Or is there an escape clause somewhere, that the UK could turn back and say "Actually, sorry we're gonna stay now. Sorry for the fuss."

[marton]

	Quote:	fatmanfilms
	It's strange nobody bothered to mention the UK budget. The UK is booming! growth targets being raised. Personal allowance & higher rate tax threshold promises 1 year only, whats not to like? https://www.theguardian.com/uk-news/...18-at-a-glance

"whats not to like?"
Hammond announces an additional £500m for Brexit preparations in government departments.
This comes on top of £2.2bn already announced, and £1.5bn announced at the spring statement.

	Quote:	3Wishes
	Poking my head in again to ask another dumb question. I keep hearing for calls to hold a vote on any Brexit deal that May's government strikes with Brussels. What would this accomplish? The people could tell the govt they hate the deal, but then what? Isn't Brexit a foregone conclusion in March whether the people like the deal (if any) or not? Or is there an escape clause somewhere, that the UK could turn back and say "Actually, sorry we're gonna stay now. Sorry for the fuss."

Yes, there is ... it is defo not a done deal

	Quote:	fatmanfilms
	The difference between rich & poor is surprisingly small IMHO.

	Quote:	fatmanfilms
	Poor people in the UK in the 60's were terribly thin & looked 15 years older than someone the same age today. They dreamed of owning a car but probably smoked cigarettes. Anyone who is a home owner must be in the 'relatively well off category' certainly not poor. Many people live above their means, regardless of salary, many celebrities die insolvent. Most lottery winners have run out of money within 5 years as they spend the capital rather than the income.

Good grief that is some massive bubble of smug you're living in if you honestly think this. Poor is parents going hungry so their kids can eat twice a day. Kids not eating anywhere but at school because there is nothing at home.

I'm very glad you're some sort of financial wizard. Most folk are not.

What do the 60s have to do with now? I'd suspect you of trolling but I'm not sure you have the imagination because the damn blinkers are so big.

As for the budget. Christ. A one off payment for "all the little extras" that schools need? That'll be staff, basic equipment like paper, and the leccy bill then...

	Quote:	fatmanfilms
	The 60's were a fabulous time, food rationing ended in 1955. Fairly full employment with huge austerity, it took to Mrs Thatcher being elected in 1979 before the country could take off due to her cutting the top rate of taxation for investment income from 98% to 40% in 2 years.....

9 years actually. Went from 98% to 75% in 1979, to 60% in 1986 and to 40% in 1988.

[Urs Max]

	Quote:	3Wishes
	Isn't Brexit a foregone conclusion in March whether the people like the deal (if any) or not? Or is there an escape clause somewhere, that the UK could turn back and say "Actually, sorry we're gonna stay now. Sorry for the fuss."

That's the big question. Depending on who you listen to the answer is anything between "canceling article 50 can be revoked" and "the cancelling can't be revoked". The answer may also depend on when you ask, as waiting almost two years to revoke the cancel notice and creating a hell of a fuss meanwhile (and probably € billions in costs) seems likely to eliminate a lot of the goodwill that may originally have existed among the EU talking heads.

In short, nobody knows for certain because effectively it's a political question - perhaps the correct wording would be "it's impossible to know because it's a political question". I bet Merkel would seize any opportunity, no matter the monetary costs, to present herself as the Knightess in White Armor who saved the EU, just like her Übervater Kohl is recorded as the man who reunited Germany.

[Blueangel]

	Quote:	3Wishes
	Poking my head in again to ask another dumb question.

That's not a dumb question at all.

	Quote:	3Wishes
	Isn't Brexit a foregone conclusion in March whether the people like the deal (if any) or not? Or is there an escape clause somewhere, that the UK could turn back and say "Actually, sorry we're gonna stay now. Sorry for the fuss."

If there is a deal to be had, this needs to be voted through by 650 MPs in the House of Commons, then the House of Lords.

The EU have offered to halt and reverse the process at any given point in the proceedings. All the cards are on the table and anything is still possible.

[TobiasM]

Grief comments like, farmers don’t need help and the UK is booming are so grossly disinformed. It makes you ponder what’s really going on in the world. That aside, to commorate the leaving of the EU, it seems the 52 percent are so proud about it they want to release a 50pence piece in its honour. I am not sure what the 50p represents though? Perhaps the divide in British population!

[Jim2007]

	Quote:	Blueangel
	The EU have offered to halt and reverse the process at any given point in the proceedings.

I think you need to be cautious here. Political opinions don't count for much in a legal matter and this is a legal matter. There is no treaty provision for A50 to be withdrawn and at this stage we don't even have an AG's opinion on the matter. I understand the matter has been referred to the ECJ, so we will just have to wait for a ruling to see what is actually possible and what is not.

[fatmanfilms]

	Quote:
	Yes, there is ... it is defo not a done deal

In your head or in reality? It's a serious question

[John William]

Regarding the new Brexit commemorative coin:

Perhaps 50p is what the pound will be worth ( in real terms ) after following Brexiteer isolationist
dreams, that there's a great trading empire for Britain to reclaim and business deals to be done
East of Suez, whereas the only real trade deals that the UK seems to strike are sales of military
hardware and other armaments to Saudi Arabia.

So obviously fitting that the Brexit commemorative coin should be on the 50p coin instead of
the One pound coin.

The new 50p obviously represents the post Brexit value of a Pound.

Edit: Damn, JW beat me to the punch.

It's a fact:

https://youtu.be/eb5hYu6eET4

After all he knows best, as he drafted the ruddy thing:

https://youtu.be/sU57IRIoVPQ

[fatmanfilms]

	Quote:
	It's a fact: https://youtu.be/eb5hYu6eET4

It's an opinion not fact, you ought to be able to understand the difference, however I accept not everyone can

I'll trust his judgement, somehow I think he knows more about the facts than most, thanks.

[Blueangel]

	Quote:	TobiasM
	I am not sure what the 50p represents though?

It most likely because the 50p was used to commemorate the UK joining the EEC in 1973.

I remember being told to bring one of them into class when I was a kid, and we had an entire lesson about what the EEC is, how the small hand represents the Queen, and where the other member countries are on the map (we were only 7/8yrs old).

[Blueangel]

	Quote:	fatmanfilms
	It's an opinion not fact, you ought to be able to understand the difference, however I accept not everyone can

Are you talking to us or the mirror?

Legally, Article 50 can be revoked. It's there in the text of the article. There is no question that it cannot be revoked. It's one of the few things that everybody involved in the process is very clear on.