What to expect from a no-deal Brexit
11–20 of 112 posts
Re: What to expect from a no-deal Brexit
#12So, why do it? Should a razor thin majority in a public vote 2 years ago decide the UK's policy forever?
What do you propose? A razor thin minority in a public vote 2 years ago decide the UK's policy forever?
Re: What to expect from a no-deal Brexit
#13Re: What to expect from a no-deal Brexit
#14The Economist, The New York Times, SF Chronicle have extracted their full brand value from me and there's nothing left. What I mean by this is that when I see their links, I know that the article will be unreadable, because either they will make me jump through some "created free account" hoops to read it, or there will be so many CPU intensive ads or banners "you have read 2 out of your 3 free articles per month" th…
Re: What to expect from a no-deal Brexit
#15Some Brexiteers favour a radical response: get rid of all tariffs on imports, as Hong Kong, Macao and Singapore have done. Extravagant assumptions about the benefits of this explain why some pro-Brexit economists see no deal as much less damaging than most of their colleagues. But tariff abolition would have huge effects on agriculture and some types of manufacturing. The government has no plans for such an extirpati…
Re: What to expect from a no-deal Brexit
#16Some Brexiteers favour a radical response: get rid of all tariffs on imports, as Hong Kong, Macao and Singapore have done. Extravagant assumptions about the benefits of this explain why some pro-Brexit economists see no deal as much less damaging than most of their colleagues. But tariff abolition would have huge effects on agriculture and some types of manufacturing. The government has no plans for such an extirpati…
Re: What to expect from a no-deal Brexit
#17So, why do it? Should a razor thin majority in a public vote 2 years ago decide the UK's policy forever?
Re: What to expect from a no-deal Brexit
#18Well, I'm kind of expecting that the no-deal scenario will actually happen. Then a big economic crisis will follow, making it palatable for politicians to actually endorse a new referendum. I'm not saying what the question in such referendum would be, though. And actually, this is the reason why some remainers are voting no to the brexit deal, and it's not even a secret.
Re: What to expect from a no-deal Brexit
#19The Economist, The New York Times, SF Chronicle have extracted their full brand value from me and there's nothing left. What I mean by this is that when I see their links, I know that the article will be unreadable, because either they will make me jump through some "created free account" hoops to read it, or there will be so many CPU intensive ads or banners "you have read 2 out of your 3 free articles per month" th…
The Economist still has good analysis on the happenings of the world that many people continue to pay for.
Re: What to expect from a no-deal Brexit
#20Some Brexiteers favour a radical response: get rid of all tariffs on imports, as Hong Kong, Macao and Singapore have done. Extravagant assumptions about the benefits of this explain why some pro-Brexit economists see no deal as much less damaging than most of their colleagues. But tariff abolition would have huge effects on agriculture and some types of manufacturing. The government has no plans for such an extirpati…
Free trade and corporate welfare are not opposites. By allowing free trade you allow companies to operate wherever the operating cost is lowest, while still selling to the residents of your region. Incentivizing local production (by tarriffing imports) means business operate locally, and importantly, pay taxes locally. You can call that corporate welfare, but for many cases I think that misses the mark.
This reduces costs, and therefore reduces prices (through competition). Everybody is a winner (apart from the previously-protected businesses who now have to compete on a level playing field).