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20% fall in pound "not such a bad thing"
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userBulletguy
Posted: 11 February 2019 2:04 PM
Subject: 20% fall in pound "not such a bad thing"
 


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Where on earth do they get these idiots from? David Davis now saying a 20% fall in the pound "might not be such a bad thing." "Our goods will become 20% more competitive on the global market and our EU competitors' goods would be less competitive."

Johnsons take is "the pound will go where it will...". Oh brother!

It's easy to talk with such flippancy when trousering £100k pa from a couple of part time jobs in addition to his MP's salary, one for 20hrs a year for Tory donor chum and pro-Brexiter, Bamford, the other with a German manufacturing company.

https://news.sky.com/story/david-davis-pound-plummeting-under-a-no-deal-brexit-might-not-be-such-a-bad-thing-11634361



Edited by Bulletguy 2019-02-11 2:05 PM
userpelmetman
Posted: 11 February 2019 6:57 PM
Subject: RE: 20% fall in pound "not such a bad thing"
 


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20% will be b*gger all if Corbyn gets in ..........

We'll be in Venezuela territory X's 10, especially if they get Abbott to do the maffs .........

userBulletguy
Posted: 11 February 2019 7:45 PM
Subject: RE: 20% fall in pound "not such a bad thing"
 


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pelmetman - 2019-02-11 6:57 PM

20% will be b*gger all if Corbyn gets in ..........

We'll be in Venezuela territory X's 10, especially if they get Abbott to do the maffs .........

Ignoring the issue by deflection and whataboutery doesn't make this go away. You need to step up to the plate and start questioning why you're still supporting such a band of lunatics with a diabolical record of one catastrophe after another. May had one of her soundbites right, "Coalition of Chaos".....she's certainly delivered on that!!
userpelmetman
Posted: 11 February 2019 7:50 PM
Subject: RE: 20% fall in pound "not such a bad thing"
 


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Bulletguy - 2019-02-11 7:45 PM

pelmetman - 2019-02-11 6:57 PM

20% will be b*gger all if Corbyn gets in ..........

We'll be in Venezuela territory X's 10, especially if they get Abbott to do the maffs .........

Ignoring the issue by deflection and whataboutery doesn't make this go away. You need to step up to the plate and start questioning why you're still supporting such a band of lunatics with a diabolical record of one catastrophe after another. May had one of her soundbites right, "Coalition of Chaos".....she's certainly delivered on that!!


Ignoring the fact that you Socialists/Communists have a long history of b*ggering up everything you get put in charge of ........

Kinda puts your protestations in to perspective ........



Edited by pelmetman 2019-02-11 7:51 PM
userBulletguy
Posted: 11 February 2019 8:23 PM
Subject: RE: 20% fall in pound "not such a bad thing"
 


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pelmetman - 2019-02-11 7:50 PM

Bulletguy - 2019-02-11 7:45 PM

pelmetman - 2019-02-11 6:57 PM

20% will be b*gger all if Corbyn gets in ..........

We'll be in Venezuela territory X's 10, especially if they get Abbott to do the maffs .........

Ignoring the issue by deflection and whataboutery doesn't make this go away. You need to step up to the plate and start questioning why you're still supporting such a band of lunatics with a diabolical record of one catastrophe after another. May had one of her soundbites right, "Coalition of Chaos".....she's certainly delivered on that!!


Ignoring the fact that you Socialists/Communists have a long history of b*ggering up everything you get put in charge of ........

Kinda puts your protestations in to perspective ........

Why do you continually deflect away from the thread topic? Are you unable to debate the uncomfortable truths as reported in the op? I'm beginning to wonder if you even know which parties are currently in power though you could be forgiven for not knowing which minister is in charge of what dept as the revolving door at number 10 has been spinning that fast.
userpelmetman
Posted: 11 February 2019 9:42 PM
Subject: RE: 20% fall in pound "not such a bad thing"
 


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Bulletguy - 2019-02-11 8:23 PM

pelmetman - 2019-02-11 7:50 PM

Bulletguy - 2019-02-11 7:45 PM

pelmetman - 2019-02-11 6:57 PM

20% will be b*gger all if Corbyn gets in ..........

We'll be in Venezuela territory X's 10, especially if they get Abbott to do the maffs .........

Ignoring the issue by deflection and whataboutery doesn't make this go away. You need to step up to the plate and start questioning why you're still supporting such a band of lunatics with a diabolical record of one catastrophe after another. May had one of her soundbites right, "Coalition of Chaos".....she's certainly delivered on that!!


Ignoring the fact that you Socialists/Communists have a long history of b*ggering up everything you get put in charge of ........

Kinda puts your protestations in to perspective ........

Why do you continually deflect away from the thread topic? Are you unable to debate the uncomfortable truths as reported in the op? I'm beginning to wonder if you even know which parties are currently in power though you could be forgiven for not knowing which minister is in charge of what dept as the revolving door at number 10 has been spinning that fast.


Get over yourself Dumb Dumb ...........

The UK has been ticking over nicely ever since the vote in 2016 ........

Just spoke to my Bro who works in the same industry that I did, and he's doing so well he wont be taking up the offer of a free holiday to a 5 star hotel in Calpe from his supplier ..........

Coz his turnover means he's got a free holiday to St Lucia ........and the B*stard would rather go there than spend time with me??? ........

The Fecking Capitalist prolly expects to stay with me for free .........

Families eh? ......

userBulletguy
Posted: 11 February 2019 10:11 PM
Subject: RE: 20% fall in pound "not such a bad thing"
 


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pelmetman - 2019-02-11 9:42 PM

Bulletguy - 2019-02-11 8:23 PM

pelmetman - 2019-02-11 7:50 PM

Bulletguy - 2019-02-11 7:45 PM

pelmetman - 2019-02-11 6:57 PM

20% will be b*gger all if Corbyn gets in ..........

We'll be in Venezuela territory X's 10, especially if they get Abbott to do the maffs .........

Ignoring the issue by deflection and whataboutery doesn't make this go away. You need to step up to the plate and start questioning why you're still supporting such a band of lunatics with a diabolical record of one catastrophe after another. May had one of her soundbites right, "Coalition of Chaos".....she's certainly delivered on that!!


Ignoring the fact that you Socialists/Communists have a long history of b*ggering up everything you get put in charge of ........

Kinda puts your protestations in to perspective ........

Why do you continually deflect away from the thread topic? Are you unable to debate the uncomfortable truths as reported in the op? I'm beginning to wonder if you even know which parties are currently in power though you could be forgiven for not knowing which minister is in charge of what dept as the revolving door at number 10 has been spinning that fast.


Get over yourself Dumb Dumb ...........

The UK has been ticking over nicely ever since the vote in 2016 ........

Jeeez......wake up!!!

UK economy at weakest since 2012, as Brexit, global worries bite

Britain’s economy slowed sharply in late 2018, pushing annual growth to a six-year low as worries about Brexit hammered business investment. Quarterly growth fell to 0.2 percent between October and December from 0.6 percent in the previous quarter, in line with forecasts in a Reuters poll, while output in December alone dropped by the most since 2016.

For 2018 as a whole, UK growth dropped to its lowest since 2012 at 1.4 percent, down from 1.8 percent in 2017 and weaker than the euro zone, which has outpaced Britain since 2016.


https://uk.reuters.com/article/uk-britain-economy/uk-economy-at-weakest-since-2012-as-brexit-global-worries-bite-idUKKCN1Q00V2

https://www.channel4.com/news/uk-sees-weakest-growth-since-2012

UK GDP growth drops to weakest level since 2012 as Brexit uncertainty weighs

https://www.investmentweek.co.uk/investment-week/news/3070798/uk-gdp-growth-drops-to-weakest-level-since-2012-as-brexit-uncertainty-weighs


Just spoke to my Bro who works in the same industry that I did, and he's doing so well he wont be taking up the offer of a free holiday to a 5 star hotel in Calpe from his supplier ..........

Puff and pelmet makers dishing out free 5 star Hotel holidays to employees?
userBarryd999
Posted: 11 February 2019 10:43 PM
Subject: RE: 20% fall in pound "not such a bad thing"
 


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Brexiteers trying to make out a further 20% drop in the pound is a good thing. FFS! Can you imagine the uproar if a Labour government got in and that led to a 20% drop in the pound?

What will they celebrate next? I see the NHS is now stockpiling Body bags for a no deal Mad Max Brexit (not really). Wahaaaay!! Get the flags out!

Edited by Barryd999 2019-02-11 10:43 PM
userGeeco
Posted: 12 February 2019 6:39 AM
Subject: RE: 20% fall in pound "not such a bad thing"
 


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I thought below may be of interest when reviewing possible big exchange rate changes. In 2011 one AU$ was worth around US$1.10. In 2019 one AU$ is worth around US$0.72. A variation of around 30% odd. 
A significant amount of our imports from Asia are written in US$ and China is a significant % of our imports. The economy is still in good shape and those of us that chose to spend our money on items that are affected by exchange rates live with that variation. Based on my experience, I guess I am trying to say is that a massive drop in exchange rates is not going to a great extent materially change your life style. cheers,


Edited by Geeco 2019-02-12 6:42 AM
user747
Posted: 12 February 2019 9:12 AM
Subject: RE: 20% fall in pound "not such a bad thing"
 


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Geeco - 2019-02-12 6:39 AM

I thought below may be of interest when reviewing possible big exchange rate changes. In 2011 one AU$ was worth around US$1.10. In 2019 one AU$ is worth around US$0.72. A variation of around 30% odd. 
A significant amount of our imports from Asia are written in US$ and China is a significant % of our imports. The economy is still in good shape and those of us that chose to spend our money on items that are affected by exchange rates live with that variation. Based on my experience, I guess I am trying to say is that a massive drop in exchange rates is not going to a great extent materially change your life style. cheers,


Good post. It seems that in the UK we have suddenly got lots of 'experts' on International Finance and Trade, so I expect your post will be ridiculed. They forget that we cannot compete with China (even though they buy lots of stuff on eBay, which comes from China). We need to be in a position to trade and still afford a free NHS and give Benefits to the unemployed. The World has changed a lot since their first day at work and they haven't caught up yet.
userBarryd999
Posted: 12 February 2019 10:56 AM
Subject: RE: 20% fall in pound "not such a bad thing"
 


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747 - 2019-02-12 9:12 AM

Geeco - 2019-02-12 6:39 AM

I thought below may be of interest when reviewing possible big exchange rate changes. In 2011 one AU$ was worth around US$1.10. In 2019 one AU$ is worth around US$0.72. A variation of around 30% odd. 
A significant amount of our imports from Asia are written in US$ and China is a significant % of our imports. The economy is still in good shape and those of us that chose to spend our money on items that are affected by exchange rates live with that variation. Based on my experience, I guess I am trying to say is that a massive drop in exchange rates is not going to a great extent materially change your life style. cheers,


Good post. It seems that in the UK we have suddenly got lots of 'experts' on International Finance and Trade, so I expect your post will be ridiculed. They forget that we cannot compete with China (even though they buy lots of stuff on eBay, which comes from China). We need to be in a position to trade and still afford a free NHS and give Benefits to the unemployed. The World has changed a lot since their first day at work and they haven't caught up yet.


I agree there can be some upsides to a falling currency but even the Brexiteers own economists have pretty much admitted whats left of our manufacturing is toast post Brexit and we import more than we export already and most of the stuff we make here involves parts from Europe. This will also lead to inflation and its pretty clear that Brexit will cost hundreds of thousands of jobs so I am failing to see how a further 20% drop in the pound in a post Brexit world can remotely be seen as a good thing. Ok so some of our exports like Lamb for instance will be more attractive to Europe but they could face 60% tariffs.
user747
Posted: 12 February 2019 12:34 PM
Subject: RE: 20% fall in pound "not such a bad thing"
 


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We can still be competitive with the EU partners, even with the tariff added on if the Pound is lower.

The EU have admitted that their biggest worry is the UK becoming attractive to foreign investors and taking away some European business.
userBarryd999
Posted: 12 February 2019 1:57 PM
Subject: RE: 20% fall in pound "not such a bad thing"
 


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747 - 2019-02-12 12:34 PM

We can still be competitive with the EU partners, even with the tariff added on if the Pound is lower.

The EU have admitted that their biggest worry is the UK becoming attractive to foreign investors and taking away some European business.


How does a 20% drop in the pound compensate for a 60% tariff on Lamb (just one example) with the double whammy if we go through this madness of offering zero tariffs to the rest of the world on WTO?

Is farming to be collateral damage as well along with pretty much whats left of manufacturing? You live in the only net export area of the UK, the north East, are you not concerned that the ERGs own economists predict manufacturing will go?
user747
Posted: 12 February 2019 5:39 PM
Subject: RE: 20% fall in pound "not such a bad thing"
 


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Barryd999 - 2019-02-12 1:57 PM

747 - 2019-02-12 12:34 PM

We can still be competitive with the EU partners, even with the tariff added on if the Pound is lower.

The EU have admitted that their biggest worry is the UK becoming attractive to foreign investors and taking away some European business.


How does a 20% drop in the pound compensate for a 60% tariff on Lamb (just one example) with the double whammy if we go through this madness of offering zero tariffs to the rest of the world on WTO?

Is farming to be collateral damage as well along with pretty much whats left of manufacturing? You live in the only net export area of the UK, the north East, are you not concerned that the ERGs own economists predict manufacturing will go?


How can you give an example of a 60% tariff before we have even left?

Was it from the same source who said the UK will instantly collapse if there is a majority vote to leave the EU? You probably don't know that Lamb is one of the most expensive meats. It may well come down in price to UK customers. And before you say it will harm Farmers, we will be doing away with the wasteful and expensive CAP put in place to protect every Frenchman that owns a Pig or a Goat.
userpelmetman
Posted: 13 February 2019 8:49 AM
Subject: RE: 20% fall in pound "not such a bad thing"
 


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Barryd999 - 2019-02-12 1:57 PM

747 - 2019-02-12 12:34 PM

We can still be competitive with the EU partners, even with the tariff added on if the Pound is lower.

The EU have admitted that their biggest worry is the UK becoming attractive to foreign investors and taking away some European business.


How does a 20% drop in the pound compensate for a 60% tariff on Lamb (just one example) with the double whammy if we go through this madness of offering zero tariffs to the rest of the world on WTO?

Is farming to be collateral damage as well along with pretty much whats left of manufacturing? You live in the only net export area of the UK, the north East, are you not concerned that the ERGs own economists predict manufacturing will go?


I could never understand why we import Lamb from New Zealand ......yet export British Lamb ........

Hopefully Brexit will infuse a bit of common sense into the food chain ......

userpelmetman
Posted: 13 February 2019 8:53 AM
Subject: RE: 20% fall in pound "not such a bad thing"
 


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Geeco - 2019-02-12 6:39 AM

I thought below may be of interest when reviewing possible big exchange rate changes. In 2011 one AU$ was worth around US$1.10. In 2019 one AU$ is worth around US$0.72. A variation of around 30% odd. 
A significant amount of our imports from Asia are written in US$ and China is a significant % of our imports. The economy is still in good shape and those of us that chose to spend our money on items that are affected by exchange rates live with that variation. Based on my experience, I guess I am trying to say is that a massive drop in exchange rates is not going to a great extent materially change your life style. cheers,


Aaaaw don't go telling em that Gary ...........

That doesn't help their Armageddon propaganda ............

userFast Pat
Posted: 13 February 2019 9:00 AM
Subject: RE: 20% fall in pound "not such a bad thing"
 
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Geeco - 2019-02-12 6:39 AM

I thought below may be of interest when reviewing possible big exchange rate changes. In 2011 one AU$ was worth around US$1.10. In 2019 one AU$ is worth around US$0.72. A variation of around 30% odd. 
A significant amount of our imports from Asia are written in US$ and China is a significant % of our imports. The economy is still in good shape and those of us that chose to spend our money on items that are affected by exchange rates live with that variation. Based on my experience, I guess I am trying to say is that a massive drop in exchange rates is not going to a great extent materially change your life style. cheers,


There is a difference between the impact of an eight year long slide and a catastrophic drop. Over time yet people can adapt, increases prices by 20+% in a eight month (or less) period and the result will be horrendous for those at the poorest end of society.
userpelmetman
Posted: 13 February 2019 9:09 AM
Subject: RE: 20% fall in pound "not such a bad thing"
 


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Fast Pat - 2019-02-13 9:00 AM

Geeco - 2019-02-12 6:39 AM

I thought below may be of interest when reviewing possible big exchange rate changes. In 2011 one AU$ was worth around US$1.10. In 2019 one AU$ is worth around US$0.72. A variation of around 30% odd. 
A significant amount of our imports from Asia are written in US$ and China is a significant % of our imports. The economy is still in good shape and those of us that chose to spend our money on items that are affected by exchange rates live with that variation. Based on my experience, I guess I am trying to say is that a massive drop in exchange rates is not going to a great extent materially change your life style. cheers,


There is a difference between the impact of an eight year long slide and a catastrophic drop. Over time yet people can adapt, increases prices by 20+% in a eight month (or less) period and the result will be horrendous for those at the poorest end of society.


So you KNOW the pound will drop by 20% for a fact do you? ...........

Is that from those same Remoaner experts who said we would have 820,000 job losses with in 2 years of the vote and enter an immediate recession????? ...............



userFast Pat
Posted: 13 February 2019 9:30 AM
Subject: RE: 20% fall in pound "not such a bad thing"
 
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pelmetman - 2019-02-13 9:09 AM

So you KNOW the pound will drop by 20% for a fact do you? ...........

Is that from those same Remoaner experts who said we would have 820,000 job losses with in 2 years of the vote and enter an immediate recession????? ...............


No but I tend to listen to experts, presumably you would let your plumber do open heart surgery on you?

Don't forget the ONLY economist that the Brexiteers can line up to support their argument said: “It is perfectly true that if you remove protection of the sort that has been given particularly to the car industry and other manufacturing industries inside the protective wall, you will have a change in the situation facing that industry, and you are going to have to run it down.

“It will be in your interests to do it, just as in the same way we ran down the coal and steel industries. These things happen as evolution takes place in your economy.”

He went on to echo this statement in The Sun recently, writing: “Over time, if we left the EU, it seems likely that we would mostly eliminate manufacturing, leaving mainly industries such as design, marketing and hi-tech. But this shouldn’t scare us."

Bring on those sunny uplands eh?

userBarryd999
Posted: 13 February 2019 11:33 AM
Subject: RE: 20% fall in pound "not such a bad thing"
 


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747 - 2019-02-12 5:39 PM

Barryd999 - 2019-02-12 1:57 PM

747 - 2019-02-12 12:34 PM

We can still be competitive with the EU partners, even with the tariff added on if the Pound is lower.

The EU have admitted that their biggest worry is the UK becoming attractive to foreign investors and taking away some European business.


How does a 20% drop in the pound compensate for a 60% tariff on Lamb (just one example) with the double whammy if we go through this madness of offering zero tariffs to the rest of the world on WTO?

Is farming to be collateral damage as well along with pretty much whats left of manufacturing? You live in the only net export area of the UK, the north East, are you not concerned that the ERGs own economists predict manufacturing will go?


How can you give an example of a 60% tariff before we have even left?

Was it from the same source who said the UK will instantly collapse if there is a majority vote to leave the EU? You probably don't know that Lamb is one of the most expensive meats. It may well come down in price to UK customers. And before you say it will harm Farmers, we will be doing away with the wasteful and expensive CAP put in place to protect every Frenchman that owns a Pig or a Goat.



Those figures are well publicised and come from the industry, NFU and the government! One things for sure Farmers around here are s**tting themselves over it. They barely scratch a living as it is so a no deal Brexit will just finish them. More livelihoods and probably lives lost if what happened during foot and mouth is anything to go by where some farmers actually took to blowing their own heads off. Not to mention what will happen to one of the most beautiful regions in the country.


Even now Brexiteer nut job Liz Truss pre referendum warned about it. https://www.gov.uk/government/news/leaving-eu-would-be-major-threat-to-sheep-industry


userpelmetman
Posted: 13 February 2019 9:29 PM
Subject: RE: 20% fall in pound "not such a bad thing"
 


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Fast Pat - 2019-02-13 9:30 AM

pelmetman - 2019-02-13 9:09 AM

So you KNOW the pound will drop by 20% for a fact do you? ...........

Is that from those same Remoaner experts who said we would have 820,000 job losses with in 2 years of the vote and enter an immediate recession????? ...............


No but I tend to listen to experts, presumably you would let your plumber do open heart surgery on you?

Don't forget the ONLY economist that the Brexiteers can line up to support their argument said: “It is perfectly true that if you remove protection of the sort that has been given particularly to the car industry and other manufacturing industries inside the protective wall, you will have a change in the situation facing that industry, and you are going to have to run it down.

“It will be in your interests to do it, just as in the same way we ran down the coal and steel industries. These things happen as evolution takes place in your economy.”

He went on to echo this statement in The Sun recently, writing: “Over time, if we left the EU, it seems likely that we would mostly eliminate manufacturing, leaving mainly industries such as design, marketing and hi-tech. But this shouldn’t scare us."

Bring on those sunny uplands eh?



So you still listen to those Remoaner experts even when they have been proved wrong? ........

I wouldn't bother looking for those sunny uplands ............

You wont be able to see them with those blinkers on ..........

userGeeco
Posted: 14 February 2019 5:18 AM
Subject: RE: 20% fall in pound "not such a bad thing"
 


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During the time prior to retirement I worked in 10 different businesses Over the years. While all different the  common theme to all but one was engineering. All those businesses were affected by rising labour rates and needed to reinvent themselves to survive. The solution was to source product offshore and/or reduce  overheads by more efficient production. All of this happened without a "Brexit" to blame. The UK is a high labour market and that will/has  caused change despite Brexit. Cheers.
userteflon2
Posted: 14 February 2019 8:05 PM
Subject: RE: 20% fall in pound "not such a bad thing"
 
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Barryd999 - 2019-02-13 11:33 AM

747 - 2019-02-12 5:39 PM

Barryd999 - 2019-02-12 1:57 PM

747 - 2019-02-12 12:34 PM

We can still be competitive with the EU partners, even with the tariff added on if the Pound is lower.

The EU have admitted that their biggest worry is the UK becoming attractive to foreign investors and taking away some European business.


How does a 20% drop in the pound compensate for a 60% tariff on Lamb (just one example) with the double whammy if we go through this madness of offering zero tariffs to the rest of the world on WTO?

Is farming to be collateral damage as well along with pretty much whats left of manufacturing? You live in the only net export area of the UK, the north East, are you not concerned that the ERGs own economists predict manufacturing will go?


How can you give an example of a 60% tariff before we have even left?

Was it from the same source who said the UK will instantly collapse if there is a majority vote to leave the EU? You probably don't know that Lamb is one of the most expensive meats. It may well come down in price to UK customers. And before you say it will harm Farmers, we will be doing away with the wasteful and expensive CAP put in place to protect every Frenchman that owns a Pig or a Goat.



Those figures are well publicised and come from the industry, NFU and the government! One things for sure Farmers around here are s**tting themselves over it. They barely scratch a living as it is so a no deal Brexit will just finish them. More livelihoods and probably lives lost if what happened during foot and mouth is anything to go by where some farmers actually took to blowing their own heads off. Not to mention what will happen to one of the most beautiful regions in the country.


Even now Brexiteer nut job Liz Truss pre referendum warned about it. https://www.gov.uk/government/news/leaving-eu-would-be-major-threat-to-sheep-industry






We sell our lamb products to 69 worldwide markets not just the EU and now with India opening their markets we have the opportunity to make it 70. Can you show a 60% tariff ?.
I wonder were you so concerned when the EEC forced us to set aside 10% of farmland to make sure the French farmers could continue to collect their subsidies.
userBarryd999
Posted: 15 February 2019 10:49 AM
Subject: RE: 20% fall in pound "not such a bad thing"
 


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teflon2 - 2019-02-14 8:05 PM

Barryd999 - 2019-02-13 11:33 AM

747 - 2019-02-12 5:39 PM

Barryd999 - 2019-02-12 1:57 PM

747 - 2019-02-12 12:34 PM

We can still be competitive with the EU partners, even with the tariff added on if the Pound is lower.

The EU have admitted that their biggest worry is the UK becoming attractive to foreign investors and taking away some European business.


How does a 20% drop in the pound compensate for a 60% tariff on Lamb (just one example) with the double whammy if we go through this madness of offering zero tariffs to the rest of the world on WTO?

Is farming to be collateral damage as well along with pretty much whats left of manufacturing? You live in the only net export area of the UK, the north East, are you not concerned that the ERGs own economists predict manufacturing will go?


How can you give an example of a 60% tariff before we have even left?

Was it from the same source who said the UK will instantly collapse if there is a majority vote to leave the EU? You probably don't know that Lamb is one of the most expensive meats. It may well come down in price to UK customers. And before you say it will harm Farmers, we will be doing away with the wasteful and expensive CAP put in place to protect every Frenchman that owns a Pig or a Goat.



Those figures are well publicised and come from the industry, NFU and the government! One things for sure Farmers around here are s**tting themselves over it. They barely scratch a living as it is so a no deal Brexit will just finish them. More livelihoods and probably lives lost if what happened during foot and mouth is anything to go by where some farmers actually took to blowing their own heads off. Not to mention what will happen to one of the most beautiful regions in the country.


Even now Brexiteer nut job Liz Truss pre referendum warned about it. https://www.gov.uk/government/news/leaving-eu-would-be-major-threat-to-sheep-industry






We sell our lamb products to 69 worldwide markets not just the EU and now with India opening their markets we have the opportunity to make it 70. Can you show a 60% tariff ?.
I wonder were you so concerned when the EEC forced us to set aside 10% of farmland to make sure the French farmers could continue to collect their subsidies.


Almost half of our lamb goes to Europe though and its there it will be hit with the highest tariffs in a no deal Brexit and most of the other countries you talk about we have trade deals via the EU which Foxy promised would be all ready to roll over at midnight when we leave but of course Foxy is an idiot and it hasnt happened and now he admits it wont happen.

Our farmers also get subsidies in the form of single farm payments which are vital to hill farmers. The subsidies system is floored but many up here where a lot of your Lamb and Beef comes from cannot survive without them and certainly wont if its open doors for cheap imports and our stock is hammered with tariffs.
userpelmetman
Posted: 15 February 2019 1:36 PM
Subject: RE: 20% fall in pound "not such a bad thing"
 


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Barryd999 - 2019-02-15 10:49 AM

teflon2 - 2019-02-14 8:05 PM

Barryd999 - 2019-02-13 11:33 AM

747 - 2019-02-12 5:39 PM

Barryd999 - 2019-02-12 1:57 PM

747 - 2019-02-12 12:34 PM

We can still be competitive with the EU partners, even with the tariff added on if the Pound is lower.

The EU have admitted that their biggest worry is the UK becoming attractive to foreign investors and taking away some European business.


How does a 20% drop in the pound compensate for a 60% tariff on Lamb (just one example) with the double whammy if we go through this madness of offering zero tariffs to the rest of the world on WTO?

Is farming to be collateral damage as well along with pretty much whats left of manufacturing? You live in the only net export area of the UK, the north East, are you not concerned that the ERGs own economists predict manufacturing will go?


How can you give an example of a 60% tariff before we have even left?

Was it from the same source who said the UK will instantly collapse if there is a majority vote to leave the EU? You probably don't know that Lamb is one of the most expensive meats. It may well come down in price to UK customers. And before you say it will harm Farmers, we will be doing away with the wasteful and expensive CAP put in place to protect every Frenchman that owns a Pig or a Goat.



Those figures are well publicised and come from the industry, NFU and the government! One things for sure Farmers around here are s**tting themselves over it. They barely scratch a living as it is so a no deal Brexit will just finish them. More livelihoods and probably lives lost if what happened during foot and mouth is anything to go by where some farmers actually took to blowing their own heads off. Not to mention what will happen to one of the most beautiful regions in the country.


Even now Brexiteer nut job Liz Truss pre referendum warned about it. https://www.gov.uk/government/news/leaving-eu-would-be-major-threat-to-sheep-industry






We sell our lamb products to 69 worldwide markets not just the EU and now with India opening their markets we have the opportunity to make it 70. Can you show a 60% tariff ?.
I wonder were you so concerned when the EEC forced us to set aside 10% of farmland to make sure the French farmers could continue to collect their subsidies.


Almost half of our lamb goes to Europe though and its there it will be hit with the highest tariffs in a no deal Brexit and most of the other countries you talk about we have trade deals via the EU which Foxy promised would be all ready to roll over at midnight when we leave but of course Foxy is an idiot and it hasnt happened and now he admits it wont happen.

Our farmers also get subsidies in the form of single farm payments which are vital to hill farmers. The subsidies system is floored but many up here where a lot of your Lamb and Beef comes from cannot survive without them and certainly wont if its open doors for cheap imports and our stock is hammered with tariffs.


So you're assuming they wont get their subsidies post Brexit? .............

Where has the government said that? ..........

Hopefully once we've left UK farmers will get a much more sensible subsidy system than the Cr*p CAP .......

An example of which was when our Beef Farmer neighbour opposite as in Lincolnshire, asked us to witness his signing of paperwork for purchase of land in Cornwall? .........

He'd never seen the land, he never intended to farm it........but it increased his acreage which also increased his subsidy from the EU ............
userFast Pat
Posted: 15 February 2019 2:22 PM
Subject: RE: 20% fall in pound "not such a bad thing"
 
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pelmetman - 2019-02-15 1:36 PM

So you're assuming they wont get their subsidies post Brexit? .............

Where has the government said that? ..........



No, if we are trading under WTO rules then we are not allowed to provide subsidies to any industry including fisheries and agriculture. All to do with WTO rules on "Subsidies and Countervailing Measures".

So its not down to the government to decide its down to those terrible bureaucrats at the WTO, tell me again how do I elect my representative to the WTO?

https://www.wto.org/english/tratop_e/scm_e/scm_e.htm
userBarryd999
Posted: 15 February 2019 2:53 PM
Subject: RE: 20% fall in pound "not such a bad thing"
 


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Even if the government could find a way around the WTO rules and somehow bung the farmers it wont be enough for those who supply Europe, tariffs would cripple them as would the influx of imported stuff.

Stating the current system isnt very good and quoting some farmer signing for land in Cornwall makes no difference. I said it was floored but this does not get around the fact that outside of the EU in a no deal scenario the type of farming discussed here is toast.
userpelmetman
Posted: 15 February 2019 4:06 PM
Subject: RE: 20% fall in pound "not such a bad thing"
 


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Fast Pat - 2019-02-15 2:22 PM

pelmetman - 2019-02-15 1:36 PM

So you're assuming they wont get their subsidies post Brexit? .............

Where has the government said that? ..........



No, if we are trading under WTO rules then we are not allowed to provide subsidies to any industry including fisheries and agriculture. All to do with WTO rules on "Subsidies and Countervailing Measures".

So its not down to the government to decide its down to those terrible bureaucrats at the WTO, tell me again how do I elect my representative to the WTO?

https://www.wto.org/english/tratop_e/scm_e/scm_e.htm


How on earth did Slovakia get away with bunging JLR millions to move there? ..........

https://www.coventrytelegraph.net/news/grant-jaguar-land-rovers-slovakian-13124138

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