Leading Brexiteer to build a new car...

[Notch7]

Yes of course prices will go up John, but here's the thing, so will wages.

really? -where are those wage rises gonna come from?

Brexit will make things more expensive, that wont make more profit for businesses to pay higher wages.

 

[durhamplumber]

when the problems start in earnest next year, leavers will blame the EU, they wont accept the problem is Brexit....views are too entrenched.

Correct

 

[Notch7]

Yes of course prices will go up John, but here's the thing, so will wages.

really? -where are those wage rises gonna come from?

Brexit will make things more expensive, that wont make more profit for businesses to pay higher wages.

 

[durhamplumber]

No-deal Brexers actually want things to get worse - i.e. more costly. Crazy barstools.

Are you in a competition with Elllal for who can be the most unpleasant?

 

[noseall]

Are you in a competition with Elllal

I work alone.

be the most unpleasant?

What do you find unpleasant?
The fact that the statement is true or that no-deal Brexers could not have picked a worse time to be hindering UK trade?

 

[Notch7]

We'll likely negotiate a free trade deal, failing that we'll see a 3% tariff on most goods, tafiff on food will be much higher but that said it's also the easiest to source elsewhere.

wrong on both counts.

tariffs arent important -trade barriers are, even with a FTA, trade barriers will make goods more expensive to import from EU.

food isnt easier to source elsewhere -
the Netherlands is the 2nd largest exporter of food in the world, buying it elsewhere wont be easier nor cheaper.

the UK enjoy frictionless imports for food from the EU and also exports.

brexit benefit: higher food prices

 

[ajohn]

Yes of course prices will go up John, but here's the thing, so will wages. If that doesn't happen, the goose that lays the golden eggs (workers paying tax) will be kicked in the nuts and the whole pack of playing cards will come tumbling down

Many pensioners are on semi fixed incomes that wont cover large price increases. Of late the beeb are mentioning tax increases and pension cuts not increases. They often know something we don't. Many things from the EU will continue to arrive what ever as things are set up to work that way. The euro may do better than the gbp. Out we may get to eat a lot of cheap lamb during the time it takes to reduce herd sizes. Other things could go the same way - all sorts of things. One interesting comment from Boris - Now lets see if we can bring the cost of living down. The essential is food - how? Talk of such things as EU duty on things like kiddies shoes is a bad joke. One way of achieving it is more globalisation for cheap labour. That's what free market philosophy is all about. One odd thing is the EU is not all that protectionist really just in certain areas. It can't be as it needs to imports some stuff. I've always thought getting Russia to join wouldn't be a bad idea - more raw materials.

Our exports are helped by us being cheap. Lots go to the EU. Tariffs even small ones need to be compensated some way or the other to remain competitive. Few people realise what a tough place the world is in this respect. Even tiny %'s change the buyers bottom line on their balance sheets. It's why globalised sources get shifted from time to time. The work that goes their is beneficial eventually - many far eastern countries that have been sources of cheap labour have shown that. It all started with transistor radios etc as they needed loads of people to hand solder them. That is more or less automated now and needs few people. Very few. Many other things have gone the same way. Even supermarkets may have self check outs now. That could be used to get rid of many shop assistants - shelf loaders - that can be automated as well. LOL extreme example that may not happen but could. I recollect a cafe that just contained machines and offered all sorts - doesn't seem to have caught on in europe generally anyway.

Globalisation has run it's course and it doesn't look like a happy ending, it will obviously never go away but cheap imports and cheap workers and reduced wages has had a good run but those days are over, Globalisation and social justice don't go hand in hand, it certainly doesn't benefit workers, it benefits large non tax paying corporations and China hasn't done too badly out of it, but those days are over, that's why the Chinese are getting a bit het up about things.

Made bold as you are living on planet Zod if you think that is likely to change and cheap labour countries eventually do well out of it and then the work goes elsewhere. Where it gets weak is competing with them and selling there when their living standards have increased - needs more cheap labour from some where else. Also need to have something they want.

China has done very well out of it and also has the advantage that it's getting more and more automated - better start than the hand solderers had. They are increasingly using modern equipment and it's not taken them long to get to that phase. It's now a super power really and is showing signs of starting to shake it's own stick. I part caught a news item yesterday, USA. Some one saying China are determined to become the only super power any way they can. This would be more correctly put as the USA being a rather waning one and the USA being the seed that allowed China to do it - free markets. Russia isn't doing as badly as the west would have us believe either. China also has a population of 1.4 billion - what a place to sell too. I shouldn't have to explain the catch with that. The USA's 330million has kept it afloat for a long time but not all have as much money to spend now. Their population is why everyone wants to sell there. It was mostly all rich. Trump seems to have the odd idea that he can balance things up. I think our lot think that is impossible. Sure they can boost employment by putting people in a position where they feel the need to take jobs that they don't really want but find themselves having to. That is pure Tory mantra, something they are always trying to do.

Border control could offer a means of collecting tax that has been avoided some how - put tariffs on it so we pay it. What a great idea. We already have loads of immigration controls.

To be honest long term I suspect trades are going to have to rethink their income levels yet again. In or out of the EU. I have already heard several electricians who are effectively moaning about that. All customers really care about is cost and a decent standard of work. Higher costs do not always relate to that. Lower means hungrier for work. Materials just keep getting more and more expensive as well.

 

[Notch7]

Made bold as you are living on planet Zod if you think that is likely to change and cheap labour countries eventually do well out of it and then the work goes elsewhere.

globalisation is here to stay, we are in a digital age for a start.

It wouldnt surprise me if this forum was on a foreign server.

 

[ajohn]

From Stanford Uni

Marx’s theory of history — is centered around the idea that forms of society rise and fall as they further and then impede the development of human productive power. Marx sees the historical process as proceeding through a necessary series of modes of production, characterized by class struggle, culminating in communism. Marx’s economic analysis of capitalism is based on his version of the labour theory of value, and includes the analysis of capitalist profit as the extraction of surplus value from the exploited proletariat. The analysis of history and economics come together in Marx’s prediction of the inevitable economic breakdown of capitalism, to be replaced by communism. However Marx refused to speculate in detail about the nature of communism, arguing that it would arise through historical processes, and was not the realisation of a pre-determined moral ideal.

Seems he was being very sensible by not specifying what communism actually meant. As it has turned out anyway.

 

[durhamplumber]

The fact that the statement is true or that

You are catching the irritating Notch trait of thinking your thoughts are,by default,FACT.No I do not wish the UK to be worse off,stop telling me your version of predictions is fact.

 

[durhamplumber]

no doubt about that, have to wait and see.

Usual remoan nonsense language..""""no doubt""" ""wait and see"""..More FACT........

 

[ellal]

Sell more stuff to other countries than we import...

Sell what 'stuff' exactly?

And if we were to have the capability/skilled workforce/capacity to manufacture all that 'stuff', where do we get the resources/raw materials from to make said 'stuff'?

The reason why we have a trade deficit is nothing to do with how or who we do trade with, it's because the UK doesn't have much to offer and there is no possibility to change that!

You do seem to want to show your ignorance at every opportunity available!

 

[ellal]

It wouldnt surprise me if this forum was on a foreign server.

Registered on Amazon I believe...

 

[durhamplumber]

Sell what 'stuff' exactly?

Exports

 

[durhamplumber]

The reason why we have a trade deficit is nothing to do with how or who we do trade with, it

You definetly did not attend economics at school..Go do a cse at night school before you post guff on here.