Brexit and Future of UK : Discussions

BMD

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All those tweets, all those threats, all those rodomontades and agitation for nothing? The US trade deficit increased sharply last year to its highest level in 10 years, at $621 billion. For commodities alone, it is even a historical deficit of 891 billion. This is a severe admission of failure for the tenant of the White House and his protectionist rhetoric. It could not prevent the ever-increasing influx of imports from China and Mexico. This is despite the customs duties imposed by the US administration on a number of products.

"Trade wars are good and easy to win," Donald Trump launched a year ago on social networks. :):):)
He did win though, because China was forced back to the negotiating table. Not that your post is Brexit related.

Analysis - Tracking USA VS China Trade war

Bye Bye Trade War? China Plans $1 Trillion Buying Spree to Reduce US Trade Deficit
 

BMD

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No, no.
Leave.
Go to uncle Sam. You are genetically programmed to be the next star of the US flag.
UE will run better without you.
next target : Polishexit.
We're currently just a star on the EU flag, so the US flag would be an upgrade.

Ah, so when Britain mentioned the uncontrolled influx of Polish migrants being a problem they were racist, but now France would like to see them out too.
 

Picdelamirand-oil

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We're currently just a star on the EU flag, so the US flag would be an upgrade.

Ah, so when Britain mentioned the uncontrolled influx of Polish migrants being a problem they were racist, but now France would like to see them out too.
It is because their government is like that of the UK, it wants the advantages of Europe without accepting the few disadvantages that are to the benefit of all.
 

BMD

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Yes, it is related to the subject because you keep holding the same line of reasoning to show us how easy it will be for the UK to do without trade with Europe and to improve the terms of trade.
Nope. My intention following a no deal Brexit is actually to cut trade with Europe as much as possible and work to replace EU imports with domestically produced items. I have no intention of even working on improving trade with the EU following Brexit, my aim is to end it.
 

BMD

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It is because their government is like that of the UK, it wants the advantages of Europe without accepting the few disadvantages that are to the benefit of all.
There are no disadvantages that are to the benefit of all. Did you even read what you wrote there? The vast majority of EU people, even including the pro-EU ones don't support free residence, or paying overseas child benefits, or keeping foreign EU convicts in their prisons. You've just bleated the official EU line. Nobody bar a few business elites support this crap, even the Europhiles don't.

The EU also needs to choose whether it's a trading bloc or a nation state. If it's just a trading bloc, it needs to stop interfering in national politics, and if it's a nation state then please kindly give up 26 of your UN seats.
 

BMD

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Picdelamirand-oil

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Check out US GDP growth and Chinese GDP growth. The trade deficit is irrelevant, it's all about GDP. The US doesn't need to export to China, just to replace their exports.
I am not the one who wants to reduce the US deficit with China, it is Trump and he cannot do it and yet he has the same theories as you.
 

BMD

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I am not the one who wants to reduce the US deficit with China, it is Trump and he cannot do it and yet he has the same theories as you.
He's growing US GDP at a faster rate, whilst reducing the rate of Chinese GDP growth.

The trade war began in March 2018. See why your theories are inconsequential? We are going to do the same thing with the EU.
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Picdelamirand-oil

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Car industry malaise drags down UK GDP growth to 0.3%
New emission tests, Brexit fears and weak demand apply brakes to wider economy

Richard PartingtonEconomics correspondent

Jaguar Land Rover has announced job cuts in the UK, underlining the problems in global carmaking. Photograph: Leon Neal/Getty Images
The British economy slowed in the three months to November as car manufacturing went into reverse amid the broadest drop in industrial production since 2012.

In a sign of mounting weakness in the economy, with fewer than 80 days to go before Brexit, the Office for National Statistics said GDP growth cooled to 0.3%, down from a rate of 0.4% in the three months to October.

Disruption to factory output from new vehicle emissions tests, as well as stalling demand at home and abroad, contributed to the manufacturing downturn and reflects the widespread problems facing the global car industry.

The latest snapshot comes after Jaguar Land Rover and Ford announced thousands of job cuts, including at least 2,000 in the UK, while figures from China revealed the first drop in car sales for almost 30 years.

Britain’s industrial sector, which draws together electricity and gas production, water supply, plus mining and quarrying alongside the manufacturing sector, recorded declines across all four industries for the first time since 2012, acting as a handbrake on the wider UK economy.

Manufacturing output, which accounts for about a 10th of the economy, declined for the fifth consecutive month – a first since the 2008 financial crisis.

Despite the weaker levels of industrial production, consumers helped to prop up the economy in November, with the ONS reporting that Black Fridaypromotions helped lift retail sales as one of the main drivers for economic growth.

The services sector – which accounts for about four-fifths of the British economy and includes shops, hotels and restaurants – gave the biggest boost to GDP growth during the period, while construction also proved positive.

On a monthly basis, GDP increased by 0.2% in November from 0.1% in October, but the annual rate of growth slowed to 1.4% from 1.6% in October.

The slower pace of economic growth comes as the world economy enters a soft patch with US-China trade tensions rising and industrial output falling in several other nations because of the new vehicle emissions tests introduced after the VW emissions scandal.

Economists are forecasting that Germany and Italy could enter recession in the final quarter of 2018, while UK growth is forecast to slow following a strong summer period.

However, the timing will prove problematic for Britain preparing for Brexit, with the risk of supply-chain disruption facing factories and exporters lacking clarity over the future EU trading relationship.

Mike Spicer, the director of research and economics at the British Chambers of Commerce lobby group, said: “These are testing times for many exporters who are feeling the pressure of Brexit uncertainty and broader global issues in the trading environment.

“As the clock ticks ever closer to March, businesses are becoming increasingly frustrated and looking to Westminster for clarity and precision on the future terms of trade. Firms need to know what customs procedures they will face with their nearest neighbour and other important partners in just over 10 weeks.”

Amid the cooling global economy, the sharp fall in the value of the pound since the EU referendum should have acted to make British exports more attractive. However, the UK’s trade in goods deficit – the gap between imports and exports – unexpectedly widened to £12bn in November from £11.9bn in October.

Samuel Tombs, the chief UK economist at the consultancy Pantheon Macroeconomics, said that, although world trade had slowed, Britain was still underperforming. “The fall in exports also suggests that overseas firms have become reluctant to source goods from UK firms due to concerns about the disruption that might result from Brexit,” he said.

UK GDP growth slows to 0.3% as manufacturing stalls

 

Guynextdoor

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Britain was nothing to do with the formation of the EEC or the ECSC. It was established to stop tards like France and Germany fighting each other in 1951. It was on the go 22 years before Britain joined. Colonialism had nothing to do with it either since both Portugal and French maintained colonies in India and other places for a considerable time after the formation of the ECSC.

The main worry was that European bickering and warring would open up Europe to a Soviet invasion. Or rather the rest of Europe, since half of it was gone already.
Actually no. There were people who thought they had gained a continent when uk joined the eu, problems cropped up when it became clear that Europe had no such intentions.
 

BMD

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Actually no. There were people who thought they had gained a continent when uk joined the eu, problems cropped up when it became clear that Europe had no such intentions.
Explain. Gain a continent? I can assure you that everyone was more concerned with losing a continent to the USSR from 1945-1989.
 
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_Anonymous_

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'Brexit in peril' as PM May faces heavy defeat
If lawmakers reject May’s deal on Tuesday, she has promised to let them vote the next day on whether to leave without a deal on March 29. If they reject that, then on Thursday they are due to vote on a “limited” delay.

Man, it will suck if Brexit doesn't happen after all that drama.
How the Brits have fallen. In 80 odd years, they've gone from rulers of a quarter of the world to a bunch of has beens. What a pack of jokers Britain has packed in their parliament! I'm sure every Irishman & woman is laughing his / her *censored* off except for one surly individual.
 

BMD

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'Brexit in peril' as PM May faces heavy defeat
If lawmakers reject May’s deal on Tuesday, she has promised to let them vote the next day on whether to leave without a deal on March 29. If they reject that, then on Thursday they are due to vote on a “limited” delay.

Man, it will suck if Brexit doesn't happen after all that drama.
The EU could reject the delay.
 

Guynextdoor

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'Brexit in peril' as PM May faces heavy defeat
If lawmakers reject May’s deal on Tuesday, she has promised to let them vote the next day on whether to leave without a deal on March 29. If they reject that, then on Thursday they are due to vote on a “limited” delay.

Man, it will suck if Brexit doesn't happen after all that drama.
How the Brits have fallen. In 80 odd years, they've gone from rulers of a quarter of the world to a bunch of has beens. What a pack of jokers Britain has packed in their parliament! I'm sure every Irishman & woman is laughing his / her *censored* off except for one surly individual.
The brits value honor above everything. Mark my words they will walk out with their heads held high and a no deal Brexit.
 

A Person

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The British parliament (House of Commons) is divided into three camps of approximately the same size, more or less a couple dozens (out of 650 total).
  1. Remainers
  2. Soft Brexiters
  3. Hard Brexiters
Because of this composition, any Brexit-related proposition will always be voted down. May's deal was rejected by the unholy alliance of Remies and Hardies. The vote for hard Brexit will be rejected by Remies and Softies. And a vote to cancel Brexit will be rejected by Softies and Hardies.

So the only possible outcomes here are that either nothing happens and Hard Brexit wins by default, or May obtains from the EU a delay long enough to change the composition of the House of Commons.