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Japan's Unprecedented Warning to UK Over Brexit

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51–60 of 209 posts

Re: Japan's Unprecedented Warning to UK Over Brexit

#51

Earlier quoted context omitted.

I won't downvote you but I will question your choice of terms. You do realise there were rational arguments for wanting to leave the EU? It wasn't all about racism.

It wasn't about 'racism' at all. That is just what remainers wanted to get out as their media message because it's a typical leftist strategy.

It was about racism in the sense of blaming immigrants for the UK's own political failures.

The UK has some of the worst infrastructure, least effective education, most unaffordable housing, least secure jobs, and least effective and generous social spending of any other major EU economy.

This is not the fault of the EU, or of immigrants - it's the fault of government policy in the UK.

Part of that policy has been to encourage immigration to keep wages down for UK nationals.

The people who run this scam are the same as the people who play the race card politically. They benefit from both sides - cheap labour, and political control of the narrative.

It's immensely cynical, but depressingly effective.

Re: Japan's Unprecedented Warning to UK Over Brexit

#52

Earlier quoted context omitted.

GBP stopped falling though. Dunno if it's because brexit stalled or because the market thinks brexit will be fine.

The GBP stopped falling because the UK government spend about 250bln GBP to stop it from falling further.

Was it reported in mainstream news ?

Re: Japan's Unprecedented Warning to UK Over Brexit

#53
post #7

Indeed the most likely scenario appears to be the 'Norwegian model', where the UK in essence remains in the single market and thus will have to follow European regulations but will have a much smaller say when it comes to the future direction of the EU. They will, however, have officially left the EU so the leave camp can pat their shoulders over their Pyrrhic victory.

UK Will never be allowed to have 'The Norwegian Model' set up by EU. That would have lot's of other countries asking for the same. UK is in for a long winter on GoT type scale.

Why would other countries want that model? It seems to be strictly worse than full membership.

Re: Japan's Unprecedented Warning to UK Over Brexit

#54
post #8

It's really incredible that three months after the vote, we still haven't the slightest idea what post-Brexit UK will look like. Will they go for the EEA (the least destructive option), or will they - as Theresa May threatens - sacrifice everything just to limit immigration? Three months after the biggest decision in decades, and the subject is barely even being talked about seriously in the UK. I don't understand it…

I think everyone in any position of power understands that they must remain in the single market - now the only question is how to position / sell this to the electorate.

No, there's a reasoned argument against the need to remain in the single market that has traction amongst politicians: http://www.conservativehome.com/thecolumnists/2016/09/daniel...

Re: Japan's Unprecedented Warning to UK Over Brexit

#56

Earlier quoted context omitted.

The GBP stopped falling because the UK government spend about 250bln GBP to stop it from falling further.

Was it reported in mainstream news ?

If you count the Financial Times as mainstream, yes.

Re: Japan's Unprecedented Warning to UK Over Brexit

#57
post #8

It's really incredible that three months after the vote, we still haven't the slightest idea what post-Brexit UK will look like. Will they go for the EEA (the least destructive option), or will they - as Theresa May threatens - sacrifice everything just to limit immigration? Three months after the biggest decision in decades, and the subject is barely even being talked about seriously in the UK. I don't understand it…

Maybe the best option is to have a big party and declare Brexit a huge success, without actually doing anything.

I suspect we may end up with something close to that. Maybe a Norway option and a party.

Re: Japan's Unprecedented Warning to UK Over Brexit

#58
post #49
post #8

It's really incredible that three months after the vote, we still haven't the slightest idea what post-Brexit UK will look like. Will they go for the EEA (the least destructive option), or will they - as Theresa May threatens - sacrifice everything just to limit immigration? Three months after the biggest decision in decades, and the subject is barely even being talked about seriously in the UK. I don't understand it…

There was a very good article on the practical difficulties of leaving the EU successfully - "Everything you need to know about Theresa May’s Brexit nightmare in five minutes." Basically either you restrict immigration, lose free trade and screw the economy by mucking up decades of prior investments such as that by the Japanese or you go the Norway model where you still have EU immigration and budget payments but les…

Here is a link to the article you mentioned:

http://www.politics.co.uk/blogs/2016/07/14/everything-you-ne...

I also find the following article very informative:

"Brexit means Brexit – and that means there will be no debate on freedom of movement"

http://www.independent.co.uk/voices/brexit-means-brexit-and-...

Re: Japan's Unprecedented Warning to UK Over Brexit

#59

Earlier quoted context omitted.

I don't think May and the Cabinet do. All the noises seem to suggest the real priority is xenophobia - i.e. immigration. ...Which is a purely political strategy to capture the continued support of leave voters - exactly the people whose lives will be destroyed when trade dries up. The problem is that the typical leave voter understands immigration because they have direct personal experience of immigrants. But leave…

The typical leave voter lives in the areas with least immigration. The areas with any substantial immigration either from the EU or elsewhere voted remain.

The places with the least immigration are usually the poorest places most fearful of immigrants taking their jobs (specifically, lowering their wages - and they're probably right) and least optimistic about the future. They are usually remnants of the industrial revolution getting marginalized by globalization (mostly China).

Re: Japan's Unprecedented Warning to UK Over Brexit

#60

Earlier quoted context omitted.

There has been a flurry of activity behind the scenes. Philip Hammond was recently in China [1] and discussed the possibility of trade agreements with them and other representatives of other countries who were also there. Australia has already mentioned opening up trade agreements [2] with the UK as well. There is even talk of trading with the common-wealth [3]. The point is this, things are moving forward. Just beca…

Was the UK not trading with the entire world when it was in the EU?

It's still in the EU and still trading with everyone. The kind of things we could change by leaving would be to say drop tariffs and subsidies on agriculture which would make food cheaper but put a lot of UK farmers out of business and so not be politically popular.
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