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Quote from: SydneyRover on February 16, 2022, 09:10:17 pmDid you read the article Steve? it confirms what remainers have said all along, no one from the exit side has yet said or said and proven any benefit yet, Branton atm is arguing that the cost is small but only last week pud said anyone the thinks brexit will add to inflation is an idiot, is all a bit magic mushrooms brexit benefits aye Steve.Nothing whatsoever to do with what I said about Heseltine.
Did you read the article Steve? it confirms what remainers have said all along, no one from the exit side has yet said or said and proven any benefit yet, Branton atm is arguing that the cost is small but only last week pud said anyone the thinks brexit will add to inflation is an idiot, is all a bit magic mushrooms brexit benefits aye Steve.
Oh, and the question I was asking is where the money to pay those millions is going to come from? I presume it's going to be passed onto their customers because the costing sheets will now have extra expenditure on them.
Quote from: scawsby steve on February 16, 2022, 09:13:23 pmQuote from: SydneyRover on February 16, 2022, 09:10:17 pmDid you read the article Steve? it confirms what remainers have said all along, no one from the exit side has yet said or said and proven any benefit yet, Branton atm is arguing that the cost is small but only last week pud said anyone the thinks brexit will add to inflation is an idiot, is all a bit magic mushrooms brexit benefits aye Steve.Nothing whatsoever to do with what I said about Heseltine.Heseltine is correct, when johnson goes so does the dream, you saying no one in the tory party listens to him is not correct is it Steve, you just made it up.
Quote from: SydneyRover on February 16, 2022, 09:18:04 pmQuote from: scawsby steve on February 16, 2022, 09:13:23 pmQuote from: SydneyRover on February 16, 2022, 09:10:17 pmDid you read the article Steve? it confirms what remainers have said all along, no one from the exit side has yet said or said and proven any benefit yet, Branton atm is arguing that the cost is small but only last week pud said anyone the thinks brexit will add to inflation is an idiot, is all a bit magic mushrooms brexit benefits aye Steve.Nothing whatsoever to do with what I said about Heseltine.Heseltine is correct, when johnson goes so does the dream, you saying no one in the tory party listens to him is not correct is it Steve, you just made it up.Just made it up? Since when did MPs in the HOC listen to any of the old has-beens in the HOL? Especially those who are bitter with an axe to grind.Heseltine is yesterday's man; and that yesterday goes right back to Thatcher's years.
Quote from: Glyn_Wigley on February 16, 2022, 08:54:38 pmOh, and the question I was asking is where the money to pay those millions is going to come from? I presume it's going to be passed onto their customers because the costing sheets will now have extra expenditure on them. Glynn you don't understand context. £10m is miniscule for JD. It's revenue was £6.6bn last year. Even if £10m extra cost is passed onto customers their prices will only rise 0.16%. Inflation currently is 5.5%.
Quote from: SydneyRover on February 16, 2022, 08:36:48 pmQuote from: selby on February 16, 2022, 04:46:39 pm Stop calling your disciples up.This from your own people ''Why the panic among Boris Johnson’s allies? Because they know Brexit is unravelling''Michael Heseltinehttps://www.theguardian.com/commentisfree/2022/feb/16/panic-boris-johnson-allies-brexit-unravelling-michael-heseltineSelby's own people? Heseltine was the biggest Europhile in the HOC for donkey's years.Nobody in the Tory Party listens to him.
Quote from: selby on February 16, 2022, 04:46:39 pm Stop calling your disciples up.This from your own people ''Why the panic among Boris Johnson’s allies? Because they know Brexit is unravelling''Michael Heseltinehttps://www.theguardian.com/commentisfree/2022/feb/16/panic-boris-johnson-allies-brexit-unravelling-michael-heseltine
Stop calling your disciples up.
Ha! I didn't see that date BFYP. It came up as a link in another story I was looking at and I assumed it was current.That'll teach me to check next time.As for JD, I have no axe to grind for them and yes, their keeping of furlough money while making profits is disgusting. But the bigger point stands. Thousands and thousands of companies ARE finding it harder to export and import. I know this from personal experience. And those problems aren't going away.
Sorry Branton, my mistake. You're right. The mass of professional macroeconomic opinion whic reckons Brexit will have a 4-8% hit on GDP is wrong.For the record, when I posted that link, I was really referring to the "nobody thought it through" comment.
Don't be so stupid. You don't understand the context of how retailers work. If an item costs more to import then the full cost will be entered to the costing sheet and included in the selling-on price of that item, it doesn't get amortised across the whole of the company's goods for sale otherwise the company will have no idea of how their goods are individually selling against the costs of purchasing them. There would only be an 0.16% increase in prices if the whole of their costs relates to movements to/from the EU. Which they don't. Their costs includes the cost of land, labour, capital and capital investment.
Maybe it's now time for the economic rationalists to step forward and say why this addition to inflation is a good thing? It is after all a brexit dividend, no?
Branton.You are as one with Rees-Mogg in insisting that Brexit's problems are overblown.You are as one with Gove in proposing to ignore expert opinion when it tells you stuff you do not like. Your comments ""economic experts are not particularly good" and "I, or you, therefore have just as much chance of making a correct forecast on the economic impact of Brexit as any macroecomic expert" are as ignorant as they are risible. Both could have come straight out of Gove's mouth. The economics of trade is an extremely well-founded subject with an extremely strong foundation of logical theoretical models which have been generally validated by real world findings. Pretty much every trade economist says that the effect of putting up the sort of barriers to free trade that we are doing with the EU will result in a reduction of GDP of 4-8% compared to the baseline case of if we hadn't left the EU.Dismissing that out of hand because you don't want to hear it is frankly pathetic. Have a sensible argument why they are wrong, or accept that they are likely to be right.
Quote from: SydneyRover on February 16, 2022, 11:35:03 pmMaybe it's now time for the economic rationalists to step forward and say why this addition to inflation is a good thing? It is after all a brexit dividend, no? Sydney you won't be told will you? See my response 31 to this thread. It still holds. There is no evidence Brexit is significantly contributing to inflation.
Good mate of mine runs his own local business. He supplies the agriculture and engineering sector with mechanical parts and maintenance. The vast majority of his stock comes from Italy. He has suffered no noticeable loss since brexit. Quite the opposite. His business is booming. My youngest son works for PWC in their London office. They have never been so busy. PWC acknowledge that there will be some mid term drag from brexit, but the UK will maintain its position as a global financial powerhouse for some decades according to their projections. Take a look at their projections for countries relative to GDP for the coming years. France to drop out of the top ten. Only Germany and UK remain in the top ten.
Quote from: normal rules on February 17, 2022, 08:55:17 pmGood mate of mine runs his own local business. He supplies the agriculture and engineering sector with mechanical parts and maintenance. The vast majority of his stock comes from Italy. He has suffered no noticeable loss since brexit. Quite the opposite. His business is booming. My youngest son works for PWC in their London office. They have never been so busy. PWC acknowledge that there will be some mid term drag from brexit, but the UK will maintain its position as a global financial powerhouse for some decades according to their projections. Take a look at their projections for countries relative to GDP for the coming years. France to drop out of the top ten. Only Germany and UK remain in the top ten.You should have addressed this to Branton, NR.
https://www.huffingtonpost.co.uk/entry/jacob-rees-mogg-economy-brexit_uk_5b54e3b5e4b0de86f48e3566So the man who said it will take 50 years to see the benefits of Brexit is put in charge of exploiting the benefits of Brexit after 5 years?I’m sure he’s scratching his head at the Breakfast table whilst Nanny butters his crumpets.
Quote from: SydneyRover on February 17, 2022, 09:07:59 pmQuote from: normal rules on February 17, 2022, 08:55:17 pmGood mate of mine runs his own local business. He supplies the agriculture and engineering sector with mechanical parts and maintenance. The vast majority of his stock comes from Italy. He has suffered no noticeable loss since brexit. Quite the opposite. His business is booming. My youngest son works for PWC in their London office. They have never been so busy. PWC acknowledge that there will be some mid term drag from brexit, but the UK will maintain its position as a global financial powerhouse for some decades according to their projections. Take a look at their projections for countries relative to GDP for the coming years. France to drop out of the top ten. Only Germany and UK remain in the top ten.You should have addressed this to Branton, NR.I was not addressing anyone specifically, other than those that want to read and digest.It’s been said before, but any divorce, especially one with such deeply entrenched financial obligation and commitment, such as our membership of the EU regime, would suffer from short term loss and pain.