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Japan's Unprecedented Warning to UK Over Brexit

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Re: Japan's Unprecedented Warning to UK Over Brexit

#81
A Modest Proposal

brexit means brexit: since English is not native to any remaining EU member country, drop it as an EU working language. With special regard to the European Central Bank (banking passport system). Irish could still remain as an official language^1, but the semi-official Welsh would need to go too.

^1 For Preventing The Children of Poor People in Ireland From Being a Burden to Their Parents or Country, and For Making Them Beneficial to The Public

Re: Japan's Unprecedented Warning to UK Over Brexit

#83
post #72
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…

Please correct me if I am wrong - as I understand, the referendum for the BREXIT is not binding. As such, there is a lot of fuss and hot air about things that will possibly not materialize. Not to mention all those speculative business affairs..

No, it's happening. As in like the most likely thing to happen next is that it will happen.

It's not binding as in they could theoretically put it to an MP vote and reject it, but it would be utter political suicide for any party that did. So it's only not binding only if you're completely and utterly delusional.

There would be riots, a major swing to UKIP, lots of 'safe' MPs would lose their seats, etc., etc.

Re: Japan's Unprecedented Warning to UK Over Brexit

#84
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…

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

Nothing's actually happened yet. It's a "phony war" until Article 50 is invoked.

Re: Japan's Unprecedented Warning to UK Over Brexit

#85
post #45

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…

Ah, but if you are old enough, you might remember that long before 1973 the UK spanned the world: India, Pakistan, Australia, New Zealand, South Africa, Canada. You even had 13 colonies south of Canada. And if you are that old, you might remember that they didn't like the UK way of trading. I hope the UK will never get back that glory. The EU never prevented UK from trading with the rest of the world. If anything, it…

So, we shouldn't leave the EU, but super-states are bad...

Great reasoning.

Re: Japan's Unprecedented Warning to UK Over Brexit

#86
post #80
post #72

Earlier quoted context omitted.

Please correct me if I am wrong - as I understand, the referendum for the BREXIT is not binding. As such, there is a lot of fuss and hot air about things that will possibly not materialize. Not to mention all those speculative business affairs..

It isn't legally binding, and although the Prime Minister said she doesn't intend to consult parliament about it, parliament will still need to repeal the European Communities Act which took us into the EU in the first place. So they could say "no", but I think it unlikely in the current political climate. It is binding in the sense that it's "the will of the people", albeit by a slender margin, and it's kind of tric…

I understand, thanks for elaborating on that matter.

In a way, a clean way to do it would to be a call for elections, and a proper mandate - either to stay in, or stay out. But that might not happen, considering the nature of the political game.

I agree about the reasons to worry, and to have a proper discussion. Things tend to get out of hand sometimes when it comes to media.

Re: Japan's Unprecedented Warning to UK Over Brexit

#87

Earlier quoted context omitted.

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.

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…

Not all serious economists (who we can assume voted Leave) agree that Brexit is going to be economically harmful to the UK. Not all serious economic analyses suggest that Brexit will leave the UK permanently and materially poorer.

The argument can be taken up with the following who we can assume voted (if they are or would be UK citizens) to leave the EU, and some of whom might well have some understanding of the intricacies of trade deals.

Roger Bootle, Managing Director of Capital Economics, and Gerard Lyons, Economic advisor to the Mayor of London and former Chief Economist of Standard Chartered Bank. Ruth Lea, Warwick Lightfoot, Neil MacKinnon, Ryan Bourne, Head of Public Policy, Institute of Economic Affairs, Keith Boyfield, Executive Director, Keith Boyfield Associates, Professor Tim Congdon, Founder, International Monetary Research Ltd, Sean Corrigan, Hinde Capital, Mike Denham, Research Fellow, The TaxPayers’ Alliance, Bryan Gould, Former Labour Shadow Cabinet member & former vice-Chancellor, University of Waikato, Dr David Green, Chief Executive, CIVITAS, Dr Graham Gudgin, University of Cambridge, Dr. Oliver Hartwich, Executive Director, The New Zealand Initiative,Damon de Laszlo, Chairman, Economic Research Council, Graeme Leach, Former Chief Economist, Institute of Directors, Andrew Lilico, Chairman, Economists for Britain, Neil MacKinnon, Global Macro Strategist, VTB Capital,Dr Eileen Marshall, IEA Advisory Council, Professor Kent Matthews, Associate Dean for Engagement & Professor of Money and Banking, Cardiff University, Michael Petley, Chief Investment Officer, ECU Group, John Mills, Chairman and Founder of JML,Professor Patrick Minford, Professor of Economics, Cardiff Business School, Iain Murray, Vice President for Strategy, Competitive Enterprise Institute (Washington DC),David Myddelton, Professor D.R. Myddelton, Emeritus Professor of Finance and Accounting, Cranfield School of Management.Ross Parker, Brian Reading, former economics adviser to Edward Heath, Professor Colin Robinson, Advisory Council Institute of Economic Affairs & Emeritus Professor, Surrey University, Matthew Sinclair, Senior Consultant, Europe Economics, Professor Phil Whyman, Professor of Economics, Business, Economics and International Business, University of Central Lancashire,Dr Geoffrey Wyatt, Heriot-Watt University

https://forbritain.org/economists/supporters/

Re: Japan's Unprecedented Warning to UK Over Brexit

#88

Earlier quoted context omitted.

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…

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

It really wasn't. The mass media set the topics for discussion around the Brexit debates, with speculation around immigration and the economy being the two central pillars, but the topics of debate should have been much broader than that.

Let's look at TTIP for one example. How much involvement have MEPs had in influencing the contents of the TTIP deals? What does this say about the level of democracy in the EU?

Re: Japan's Unprecedented Warning to UK Over Brexit

#89

Earlier quoted context omitted.

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.

Valid point, but don't forget that the UK has a much stronger bargaining position than other countries.

This is why I don't buy too much of the rhetoric.

The 5th biggest economy in the world is going to be put on the naughty step because its citizens decided enough is enough on mass immigration?

I think it'll end up being a lot of hot air while a load of backroom EU face-saving, but ultimately lucrative, trade deals are set up.

Re: Japan's Unprecedented Warning to UK Over Brexit

#90

The knuckle-draggers who voted to leave the EU won't care about threats like this - they'll just use hate speech to dismiss it. Downvote me by all means :)

> knuckle-draggers

Such insults are definitely not OK on Hacker News. Please comment civilly and substantively or not at all.

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