What do they export? Weapons? How are they gonna make money?

Soft_member
Soft_member

What do they export? Weapons? How are they gonna make money?

All urls found in this thread:
http://atlas.cid.harvard.edu/explore/tree_map/export/gbr/all/show/2014/
https://www.youtube.com/watch?v=Na360I-dfXg
https://en.wikipedia.org/wiki/Mixed_economy
https://en.wikipedia.org/wiki/Social_corporatism
http://www.thelocal.no/20150109/strong-nordic-economies-face-threat-in-2015
https://en.wikiquote.org/wiki/Jean-Claude_Juncker
http://www.motherjones.com/politics/2016/06/nigel-farage-admits-his-bold-brexit-claim-was-mistake
http://www.numbeo.com/pollution/rankings.jsp
http://finance.yahoo.com/news/goldman-sachs-jp-morgan-told-134833912.html
Evilember
Evilember

There has to be some UK industry which was held back by EU regulations. That industry is going to explode because the UK is now free.
Which industry is it? I feel like there's a ton of money to be made.

StrangeWizard
StrangeWizard

idk m8, but me cheeky nandos better be cheaper, so i can afford me tv license this month. Can you believe its not butter?

Fried_Sushi
Fried_Sushi

@Evilember
Fishing?

Boy_vs_Girl
Boy_vs_Girl

@Evilember
Fishing is practically dead.
Most of the EUs fish is caught in our waters and we don't catch or sell it our selves. Can expect a fishing boom in the UK and a slump in other EU economies

Just a case of when in the next two years it'll happen though.

Cars are a big export for us too, IIRC

MPmaster
MPmaster

@Evilember
There has to be some UK industry which was held back by EU regulations.
all of them were

Evil_kitten
Evil_kitten

The UK's industry was severely hampered by EU regulations, their Automotives went basically tits up because the EU legislation favored German manufacturing more.

Assuming the EU tries to make an example of the UK and clamps down on trade, it's very likely that the UK is going to reboot its Automotives and trade with Australia. Our Auto Industry went offshore recently which was a huge hit to the credibility of Holden or Ford, but brands like Aston Martin are still household names here. We're also looking for new markets for our Iron and Coal exports which have been hurt severely by the recession in China, which can go hand in hand with this.

idontknow
idontknow

@MPmaster
Stop reading tabloids

likme
likme

@Soft_member
hey guys, what should I do with my three RIO shares? Bought at 28, last price just over 31

FastChef
FastChef

@Boy_vs_Girl
Actually most of their fish is caught in irish waters which was a part of UK but still.

Ignoramus
Ignoramus

@Evil_kitten
transport heavy, bulky goods to the other side of the world.
Can't freely trade with close neighbours.
RIP UK

Sir_Gallonhead
Sir_Gallonhead

@Soft_member
Pretty sure they run Runescape, they could try to expand that into a themepark I guess.

viagrandad
viagrandad

@Ignoramus
I don't understand how Cargo ships work

How the fuck do you think all those German cars get to America?

Gigastrength
Gigastrength

@Ignoramus
Yeah, that's why China ships everything to Laos.

RavySnake
RavySnake

Shitty "games" for casuals.

RumChicken
RumChicken

@viagrandad
haven't looked at a world map in eight years.
Don't realise the difference in distance.

But besides that the difference in the population of Austraila and US means far greater demand.

DeathDog
DeathDog

@Boy_vs_Girl
Cars are only big in the UK to sell onto the EU, wouldnt be surprised if these factories relocate.

eGremlin
eGremlin

@MPmaster
Found the /pol/tard.

Supergrass
Supergrass

@viagrandad
Mexico builds them.

Booteefool
Booteefool

@Soft_member
http://atlas.cid.harvard.edu/explore/tree_map/export/gbr/all/show/2014/

Sir_Gallonhead
Sir_Gallonhead

@Evil_kitten
automobiles
Britain's car makers were uncompetitive well before they joined the EU. What makes you think they'll be competitive after you leave?

Better question: why would an average person get a British car over a cheap Ford shitbox or Toyota ricebox?

iron/coal exports
top kek

MPmaster
MPmaster

they export tea

King_Martha
King_Martha

is britain going to be poor now Veeky Forums i'm scared i don't want to become a third world country

Spamalot
Spamalot

Some of you are talking if there will be no trade at all between uk and eu after a brexit... wtf

Soft_member
Soft_member

@Soft_member
UK products export

takes2long
takes2long

@MPmaster
Name some. Hell, name one.

iluvmen
iluvmen

@King_Martha
yes

Fried_Sushi
Fried_Sushi

@Soft_member
gas turbines
Have to procure parts overseas. Fucked.
cars
Largely uncompetitive, but impending pounds crash might make them cheaper. Maybe not fucked.
petroleum
It's already crashing, and once Scotland votes to leave they won't even have that. Fucked.
alcoholic beverages
I guess there's nothing left to do except drink yourself to death. Not fucked.

Harmless_Venom
Harmless_Venom

@eGremlin
lol u remain fags getting desperate?

farquit
farquit

Is the UK going to put tariffs on the import of things like textiles from the EU?

cum2soon
cum2soon

@Fried_Sushi
staying in the EU they would have been even more fucked tho

w8t4u
w8t4u

@farquit
My guess is no, they will try to get a free trade agreement for sure.

TechHater
TechHater

@DeathDog
@Sir_Gallonhead
The automotive industry in the UK turned over £59.3 billion in 2012 andaccounts for around 10% of all UK exports.
In 2013 more than 1.5 million carsand more than2.5 million engineswere producedin the UK.

British owned
Morgan Motor Co
Caterham
Mclaren

Made in Britain;
The following companies build cars in Britain,
But are not UK owned -

- MINI(owned by BMW in Germany)
- Honda build several cars here
- Toyota build several cars here
- Nissan build several cars here
- Lotus (Malaysian owned)
- Aston Martin (owned by two Kuwaiti companies)
- Bentley (owned by Volkswagen)
- Rolls Royce(owned by BMW)
- Jaguar/Land Rover cars (owned by Tata - India)
- MG Motors (owned by SAIC of China)
- Vauxhall Motors (part of General Motors)
- Ford - makes engines and transmissions here

Fried_Sushi
Fried_Sushi

@Fried_Sushi
have to procure parts overseas.
So? Either we build them or import them.

implying England doesn't own most birthday sea oil and gas wells, reserves, and platforms.
If they vote to leave the UK (which they didn't when given the chance a couple years back) they are fucked.
They have very few assets and industry, and if they vote to leave the UK but remain/rejoin the EU, they won't be able to fish in their own waters, which was a huge industry before EU fishing quotas essentially annexed most of the North sea.

booze - implying scotland hasn't had to bring in draconian drinking laws because they are such alcoholics (I'm half Scottish btw)

Also, FINANCE - contributes 20% to UK economy, 1 in 5 employees are in finance. That's non-tangible assets and IP on top of actual securities and investments.

Evil_kitten
Evil_kitten

@Fried_Sushi
Also, FINANCE - contributes 20% to UK economy, 1 in 5 employees are in finance. That's non-tangible assets and IP on top of actual securities and investments.

And they will go to Frankfurt

massdebater
massdebater

Don't worry, Veeky Forums - we can turn illegal immigrants into a flourishing glue industry!

Evilember
Evilember

Now is a fantastic time to buy a jag lads

TalkBomber
TalkBomber

@Evil_kitten
implying
Based on?
also implying immigrants won't replace those jobs

Also, OP - yes! Weapons!

fifth biggest weapons exporter in the world.

The U.K.’s arms sales make up 4% of the global market.
21% of the U.K.’s weapons exports went to the U.S., followed by India (14%) and Chile (9%)

You're welcome, burgerlanders!
Come and see our fabulous deals!
Kek

CouchChiller
CouchChiller

@Fried_Sushi
alcoholic beverages
I guess there's nothing left to do except drink yourself to death. Not fucked.
Yeah but how much of that is Scottish whiskey?

TechHater
TechHater

@cum2soon
that's some holistic bullshit reasoning

BinaryMan
BinaryMan

They are remaining trade partners with Eu and have a large financial service sectir. Not to mention their national debt is all in gbp, meaning it goes down as their currency does. They will be fine.

JunkTop
JunkTop

@Evilember

I want an Aston Martin.

PurpleCharger
PurpleCharger

@eGremlin
They were held back by eu tarrifs, but they still will be

Ignoramus
Ignoramus

@Evilember
It's never ok to buy a premium class car.

takes2long
takes2long

@farquit
No chance.

Techpill
Techpill

@MPmaster
Yet the UK was against increasing the tax on chinese steel imports in the EU, while one of their main steel manufacturers were filing bankruptcy....

SniperGod
SniperGod

@Ignoramus
neckbeard

TechHater
TechHater

@Soft_member
It's happening lads!

https://www.youtube.com/watch?v=Na360I-dfXg

BinaryMan
BinaryMan

@StrangeWizard
The fuck is a tv license?? lol

TalkBomber
TalkBomber

@TechHater
Is it?
Europes economy has been on borrowed time for fucking ages.
Sticking bandaids over an old bandaids to stop it from falling off, rather than tearing off in one go to see if its healed, you just pile on more and say "I don't know if its fine yet so keep adding to it"

There I retarded up an analogy for ya

Crazy_Nice
Crazy_Nice

Tea
Class
Luxury
Loyalty
Elocution
Witty Banter
British Humor

TalkBomber
TalkBomber

@BinaryMan
It's a licence to watch TV.
It all goes to the BBC because they don't have advertising, it's outdated and stupid and lots of people ignore it.
It's only £100 a year or so I think.
I dunno, I have never paid it lol.

I got one for ya -

What's double taxation, and being taxed on citizenship rather than residence?

FastChef
FastChef

@cum2soon
reasons or gtfo

Stark_Naked
Stark_Naked

@Evil_kitten
Are you joking? British car manufacturers failed because they made shit cars and Germany made good ones.

Nude_Bikergirl
Nude_Bikergirl

@TalkBomber
We all live in submarines

Harmless_Venom
Harmless_Venom

@TalkBomber
europe was bad for long time bad bad bad
thats still not reasoning m8 ,

BunnyJinx
BunnyJinx

@Soft_member
where did all that fucking gold come from

Boy_vs_Girl
Boy_vs_Girl

@BunnyJinx
they were selling the Queen's gold that year

King_Martha
King_Martha

@cum2soon
IT WAS IMMIGRANTS
YOU LEFT BECAUSE
I M M I G R A N T S

JUST FUCKING SAY IT INSTEAD OF POSTING BULLSHIT BASED ON LITERAL NOTHING

ITS OK
WE GET IT
YOU WERE AFRAID OF STINKY SCARY IMMIGRANTS

BUT DONT FUCKING LIE ABOUT IT WITH BULLSHIT YOU HAVE NO CLUE ABOUT

askme
askme

@King_Martha
Aren't they already conquered by sandniggers? I mean look at the Mayor of London.

massdebater
massdebater

@King_Martha

Are you..Dare i say it. Angry?

Gigastrength
Gigastrength

@askme
He still wants London to be a part of the EU, maybe they'll pull off a reverse greenland.

SniperWish
SniperWish

if you invest money in the fact that saxons are just better humans then you're probably going to do well

WebTool
WebTool

@King_Martha
http
Better emigrate to eastern Poland while you still can. After Brexit finishes you will need work visa and EU may not want to accept shitpoor islandnigers.

Dreamworx
Dreamworx

Will Britain start building an army?

Wasn't their industry steel and automobiles prior to restrictions on factories?

Netherlands wants a referendum too

Nude_Bikergirl
Nude_Bikergirl

@WebTool
If england fixed there clearly broken immigration policy, people from all over the world are going to come there, educated people

Lunatick
Lunatick

@King_Martha
Even places like Birmingham voted to leave. So it couldn't be all about immigrants.

Boy_vs_Girl
Boy_vs_Girl

@Lunatick
Place that is not overfilled with immigrants are not afraid that they will be over time with a broken system

are you 12 ?

MPmaster
MPmaster

@Soft_member
What do they export?
Money, basically. Their manufacturing pales in comparison to financial services.

Bidwell
Bidwell

@Boy_vs_Girl
You do know Birmingham is one of the more ethnically diverse places in the country?

massdebater
massdebater

@MPmaster
things change

Gigastrength
Gigastrength

@Fried_Sushi
Scotland won't be able to leave. Spain will veto them so Catalonia doesn't get any ideas.

TreeEater
TreeEater

@Bidwell
You know all of these diverse people agree that importing people who refuse to assimilate and even learn the English language is a horrible idea for everyone ?

Skullbone
Skullbone

@Gigastrength
really?? spain will?

Evilember
Evilember

@Nude_Bikergirl
Be educated man
Migrate to some dying shithole
Rule Britannia!

British might just have shoot themselves in the head with this. Alll of it now depends how merciful the EU will be. AFAIR biggest sector of GB economy are finances service for Europe, and this sector could be easily cut of by EU regulations, because why not? It will relocate to Frankfurt so big yes for our German Overlords.
Industry is probably inefficient as much as in the rest of western Europe and have chance of dying when cut of from common market.

So it is possible that GB fucked itself for pride and lack of immigrants.

SniperWish
SniperWish

@Evil_kitten
A good example of a biz that benefits from the EU is the british car industry.

Mike Hawes, chief executive of the SMMT says it was largely moribund in the '80s and '90s. But thanks to foreign ownership and investment attracted by a gateway into the EU single market, it has revived strongly. It accounts for 800k jobs and 12% of British exports (80% of the [industry's] outputs goes abroad).

Briton now produces more cares than France

Fully 77% of SMMT favours Remain

t. the Economist

RumChicken
RumChicken

@Skullbone
Yes, and? A tiny rock on the tip of Spain is much different than Scotland which is about half or so of the UK.

BinaryMan
BinaryMan

@Evilember
I don't think you understand how many EU rules and regulations has fucked every single industry in the UK, with these gone, the SKY will be the limit. I remember i guy in London selling fish that went broke because he had to make new packaging that stated there was fish inside, all EU shit that goes on and on.

StrangeWizard
StrangeWizard

@Crazy_Nice
Tea
how much do you think people will pay to toss tea off a ship?
Class
*tips fedora*
Luxury
nothing says luxury like sharia law
Loyalty
read a history book or hell just yesterdays newspapers
Elocution
u avin a giggle m8?
Witty Banter
hows that world cup from 50 years ago? fucking cleveland got a championship before you. maybe you should import lebron
British Humor
do i even have to explain why this is objectively wrong?

New_Cliche
New_Cliche

@Fried_Sushi
Chipping?

Nojokur
Nojokur

@BinaryMan

LOL. Not really. The rules and regulations were no different for the UK than any other country. They were not at a disadvantage. You have to realize that there is no viable industry in the UK to support everybody. Nobody buys made in britain products. There is no going back to the 50's lads. You're fucked. Just look at the market reactions.

Illusionz
Illusionz

Deutsche Bank
- 16 % =D

Raving_Cute
Raving_Cute

@BinaryMan
I don't think you understand how many EU rules and regulations has fucked every single industry in the UK

And you're basing this on the micro-economic viewpoint from a single patron from a single industry.

viagrandad
viagrandad

@BinaryMan
lol you are fucking dumb

cum2soon
cum2soon

@BinaryMan
we left, so that we could reduce the quality and health-standards of our products
unless we want to trade with EU countries. Then we'll have to uphold the same standards

massdebater
massdebater

@King_Martha
I'm glad somebody said it, we can stop pretending like /pol/tards have any knowledge of economics now

Playboyize
Playboyize

You now realize the Netherlands exports more than the UK. And the EU would destroy the UK in competition.

Techpill
Techpill

@SniperWish
What this says to me is -
in the 80's and 90's
Exactly, when the EU single market was attractive. It no longer is.
80% of the industry's output goes abroad
Problem?

The majority of car manufacturer bosses have said they have invested in UK car factories for the long-term, and will continue to do so regardless of Brexit or not.

FastChef
FastChef

@Techpill
where are your sources

did you personally talk to them? What exactly is "majority" to you?

BunnyJinx
BunnyJinx

@Techpill
80% of the industry's output goes abroad
Problem?
Without access to shared market they may be no demand for it, so worthless goods that have to be dumped into north see.

The majority of car manufacturer bosses have said they have invested in UK car factories for the long-term, and will continue to do so regardless of Brexit or not
Sure, stating otherwise could damage company value in the stock market. It can be transferred quietly in coming years.

@BinaryMan
I wonder how this faith and enthusiasm will fare against tariffs and eastern EU lower workforce costs. Unless British dream is to have wage on par with Romania or Bulgaria, then good for you.

Spazyfool
Spazyfool

@Techpill
The majority of car manufacturer bosses have said they have invested in UK car factories for the long-term, and will continue to do so regardless of Brexit or not.
Lol yeah until the EU retaliates hard and puts massive tariffs on UK imports and the manufacturers start hemorrhaging money because the factories were built and scaled on the predicate of (virtually) duty-free exports to the EU.

You don't see the impact that protectionism can have on an industry that has 90% of its output being shipped abroad?

Raving_Cute
Raving_Cute

@Illusionz
Welp guess more layoffs will come now. I should find a new job

Lord_Tryzalot
Lord_Tryzalot

@StrangeWizard
tea party meme
implying tea isn't the drink of choice of civilized prosperous nations, and becoming trendier in the west, due to oversaturation of coffee shops
everywhere
class
*tips diamond-encrusted crown*
luxury
Implying sharia courts are not under investigation and many have been shut down or reversed.
loyalty
What is the British commonwealth and protectorate? Will back up countries no longer part of our empire with military force and foreign aid
elocution
Y'all come back now, ya hear?
witty banter
Do you know what banter is? How's that 'World Series' of baseball that is played by no other country, much like 'American Football'
British Humour (with an extra 'U')
Yes, please explain.
Are you enjoying any of the British shows remade for US audiences? Or the ones imported there?

Soft_member
Soft_member

lol no that's BS, it was just a useless socialist second layer government but it was so powerful that it could hold down an industry, i mean the uk outlawed nicotine on their own...

takes2long
takes2long

@Nojokur
@viagrandad

LOL
lol

please leave this place and never ever come back

massdebater
massdebater

@takes2long
All
Of
Them

lostmypassword
lostmypassword

@BunnyJinx
as if the uk couldn't trade with countries without the EU, even though they traded no problem with china and america until now...
Brussels is not about free trade, it's about socialism, regulations and taxes, the uk will be better off without it

Gigastrength
Gigastrength

@takes2long
shut up

and what about those who didn't reply with a lol?

can't come up with a coherent, sensible argument for your idiotic ideals?

Emberburn
Emberburn

Manufacturing expert here, the glue that held British manufacturing together before the great decline was Lucas Electronics. If you've ever owned a British vehicle made before the 1990s you will know about them, a typical Lucas equipped vehicle will only run about 4 hours before encountering an issue. More than 10% of the population was involved in manufacturing, supplying, and selling Lucas replacement parts, and another 5% in installing them. One thing that led to the rise of the pound was British mechanics being exported to other countries to keep Lucas equipped vehicles on the road. When British Leyland disintegrated and was bought out by foreign investors moving manufacturing outside of Britain Lucas took a huge hit as well.

Firespawn
Firespawn

@lostmypassword
why the fuck would anybody within the eu want anything produced costly in UK???

WebTool
WebTool

@lostmypassword
thinking that UK didn't have the power of the EU with it in trade negotiations with China

Wow kid. Let's see how well they fare when they have to make new agreements with the likes of China and Russia. US is UK's bro so they will be easy on the UK. Also if the Brits think that the EU will just bend over and give them all the advantages they used to have, they are sorely mistaken. Let's not also forget that then Scotland might have already broken off from the UK, maybe even N-Ireland - how do you think trade negotiations will go when you have literally England and Wales on your side? I've never seen people as delusional as the Leave people, and I've been thankful for it - made some green today thanks to Brits leaving :)

LuckyDusty
LuckyDusty

@Dreamworx

In youro. Britain is one of the 2 main military force. The other is France. No jk.
Shit's abstract for now.
Russia is back from urss collapse.
Central europe is the backyard we fought over.
Youro weakened.
@Evilember
This.
Gb may be some insular mongrels.
Germany is where danger lies.

StonedTime
StonedTime

@lostmypassword
and now you're banking on Trump being president and China, a blemished economy, to provide shit to you

all while redoing trade deals and handling bigger tariffs from eu countries or pay more for goods from farther countries.

I mean, there is info to back up what i'm saying, Norway isn't exactly a country to follow when you're talking about taxes and tariffs, China and Japan is doing shit with the majority of their labour force on the wrong side of the 50 and NEEDS immigration, commonwealth nations aren't exactly rich in resources...

I know it feels good to have a country out of the EUs bureaucracies, but really, not all parents push what's worse for their children.

Fried_Sushi
Fried_Sushi

@StonedTime
The only reason Norway has done so well without being in the EU is because they have ridiculous oil money

What the fuck does the UK have that gives them even comparable leverage?

Lunatick
Lunatick

@Fried_Sushi
tea, I guess

Soft_member
Soft_member

@Gigastrength
Scotland won't be able to leave. Spain will veto them so Catalonia doesn't get any ideas.
what's the reasoning for this? I ask because I really have no idea... wasn't that a thing because the UK was in the EU?

girlDog
girlDog

@Sir_Gallonhead
Kek'd pretty damn hard at this

viagrandad
viagrandad

@FastChef
Ah, I just looked it up in more detail.
I may be a bit off on that figure.

OK, the facts are -
From the SMMT survey of all car bosses,
77% said they were in favor of remaining.

But what may skew the figures, is that Of the 15 companies based here, six of those are owned or partnered with BMW.
They may be biased since they export BMWs, etc here, but export UK-made cars from the UK to Europe, and they are based in Germany.
For them, they could get double-fucked.

The rest, listed here, either have no opinion (14%) or think we should leave (9%)

Those ones are the ones based outside Europe (the bigger market and bigger potential market)

SomethingNew
SomethingNew

@Firespawn
@WebTool

So much this.

RumChicken
RumChicken

@viagrandad
when I first replied to you, I gave a source: the Economist.

My aunt gave me a printed copy of their June issue where they talked about Brexit: The Brexit Briefs

what are your sources? Vauxhall is owned by Chevy btw.

And does it matter if they're affiliated with BMW? The fact is that manufacturing and exporting those beamers brings back money into the ecomomy.

A large number is "undecided" because they want to prevent a Boeing incident.

New_Cliche
New_Cliche

@lostmypassword
socialism
You mean that thing the strongest countries in the EU are? Capitalist Socialist states are THE strongest economies, period.

regulations
Yeah, god forbid that.
I SURE hate those regulations, keeping me safe and unpoisoned, and not abused by multinationals like a guinea pig.

taxes
Oh fuck off.

I expect this on /pol/, not Veeky Forums.

Ignoramus
Ignoramus

@BinaryMan
well if not for those regulations, people wouldn't have been able to trade with other European countries.

Garbage Can Lid
Garbage Can Lid

@Nojokur
@Raving_Cute
Jesus fucking Christ.
Understand this -
We are a small island.
We are surrounded by fucking water,
Many ports, and what was a huge fishing industry
(yes, hence fish and chips! Ha ha!)
Which we now mostly cannot fish under EU regs,and other countries can take more fish from UK waters than we can.
Fair?

Evil_kitten
Evil_kitten

@New_Cliche
maybe you should fuck off cuz if you don't believe in capitalism then wtf are you doing trying to grow capital you faggot? go bag your government for prosperity.

5mileys
5mileys

@Evil_kitten
Did I say I hate Capitalism?
Can you even read?

Stop being such a reactionary faggot.

cum2soon
cum2soon

@Garbage Can Lid
are you retarded m8? do you really think fishing is of greater importance than other exports? and, didn't you hear that scotland will want to become independent?

idontknow
idontknow

@Evil_kitten
You sound pol af

Poker_Star
Poker_Star

@New_Cliche
Capitalist Socialist
Like a moderate muslim? :^)

Methshot
Methshot

@idontknow
ooo a capitalist, that's way too extreme for Veeky Forums

Snarelure
Snarelure

@Methshot
Just the way you word your sentences, mate

SniperGod
SniperGod

@cum2soon
b-b-but the oceans are deep and infinite!
There are infinity fish down there for the taking!

This is what the LEAVE campaign REALLY believe.
They are that delusional.
They think the EU are destroying all their markets.
The EU was one of their biggest markets to sell to.

Now we need to sell to countries far away just to make a profit. Which we won't.
The UK is going to end up in even more debt. That's if it even exists in a few years.

It'd be fine if we were speaking America leaving the EU, or China, or Russia, but it isn't, we are a shit little country with no resources and pretty much all our exports depend on imports.

@Poker_Star
Nope. Just someone that knows where the best economies are.
Specifically not-EU "EU" countries.
Best markets, best job prospects, happier workers, most entrepreneur density, more successful entrepreneurs at that, less people out of work, better health, less crime.
And that is all because of good socialist foundations for them to fall back on if they are unhappy with a shitty job.
It is all self-regulating.

People automatically see socialism and shit the fucking bed. Fuck knows why.
Must be Americans :^)
Way to fell for the jews tricks.

SniperWish
SniperWish

@Snarelure
all i said was Brussels is a socialist government that doesn't do anything for free trade. so if i'm against socialist then i'm basically politically incorrect... awesome...

TurtleCat
TurtleCat

@Garbage Can Lid
Oh yeah m8 all those bad EU regulations that did horrible things like setting acceptable mercury concentrations in fish. Sure am glad we don't have to deal with those regulations anymore, truly the UK is saved.

AwesomeTucker
AwesomeTucker

@SniperWish
You should be against Brussels then, not the whole of socialism.
There is literally nothing wrong with socialism, just the bad implementations.

America is an example of a bad implementation of capitalism since it is abused out the ass over there.

Pure capitalism, socialism, communism and every other ism is what is bad.
There is no "one system works best" approach. (unless you make a new one that implements capitalist-socialist and call it socapism or some shit)

I despise Brussels just as much as you do. Trust me.
I would rather the UK stayed in and fucked Brussels up.
Nope, 'MIGANTS STEALIN MA JERBS

Fuzzy_Logic
Fuzzy_Logic

@Garbage Can Lid
Should all caribbean nations start growing and selling bananas en mas?

Should they soley focus on Tourism?

No, this doesn't work. Bananas are goods that devalue/don't grow in value with time (honestly forgot the term, I'm so fucking tired) same with fish.

Fish and water fall under the same degree.

I can't fucking believe people are arguing this on Veeky Forums

Nude_Bikergirl
Nude_Bikergirl

@Garbage Can Lid

I don't know a shit about economy and went here only to see the shitstorm but holy shit, you're retarded if you think a economy can solely grow on something as volatile as fish

Lunatick
Lunatick

@New_Cliche
Capitalist Socialist
They're called Social Democracies moron.

Sir_Gallonhead
Sir_Gallonhead

So what's the verdict? Is the UK literally fucked forever now?

MPmaster
MPmaster

@Lunatick
Technically they are mixed economies.
https://en.wikipedia.org/wiki/Mixed_economy

Not all of them are Social Democrats.
There is no standard term for them.

Evil_kitten
Evil_kitten

@Lunatick
@MPmaster
Actually, I take it back, it seems I missed this entirely.

https://en.wikipedia.org/wiki/Social_corporatism

farquit
farquit

@AwesomeTucker
Yea i don't care about immigration, it might as well be open borders for all i care...
The reason gold prices are going up is because people are starting to realize that this keynsian inflationist central banking didn't work, if it did and the dollar went up then why didn't it go up in terms of gold? Cuz this was a fake recovery, and it was fake because people blamed the recession on capitalism and went down the opposite path towards more taxation, quantitative easing and socialism. Yeah socialism would be great if it didn't cause recessions...

SomethingNew
SomethingNew

@Sir_Gallonhead
Yes

takes2long
takes2long

@Sir_Gallonhead

if by fucked you mean they will need to decrease their work value and literally start to compete with Rumania and other shitholes as the cheap workforce place, then yeah

Back to the 1800's

iluvmen
iluvmen

@takes2long

woops, I missed something, Britain was actually an empire back then.

Back to the 1800's without being an empire but with all the factories full of people that couldn't get a good salary for shit

Evilember
Evilember

@Evilember
fracking?

BlogWobbles
BlogWobbles

@farquit
The Nordic countries were barely dented in the recession.
Where is your argument now?
Those damn socialist scum! How dare they not be affected by an unregulated market crashing! This is Hitlers fault!

Try harder. 0/10 don't even see me after class.

The recession mainly happened in the unregulated markets.
Those markets where they claim to be regulated but they were all set up by those companies to meta-moderate themselves, but really the level of moderation is paying them billions to come visit the factory and give them the OK)

The knock-on effects of it didn't even affect some places and even benefited some.
All the Nordic socialist heavy welfare markets were completely fine. They recovered from any damage done by those shit markets collapsing incredibly quickly.
Finland was really the only one that suffered much, and that is because Finland blows ass.

StonedTime
StonedTime

@Evilember
Again. Who would you sell to?

BinaryMan
BinaryMan

Ag?

New_Cliche
New_Cliche

@StonedTime
Oh, Oh, I know, I know!

America, they travel a lot, all over that large continent of theirs.
They need loads of gas!

Or maybe Russia! They are hella cold all the time! They need a nice little heater to heat themselves in the permanent winter.

Maybe Australia.

lol UK is so fucked.
They can't compete on ANY of the markets they are trying to 100% own with no EU "red tape".

Spazyfool
Spazyfool

@SniperGod
Specifically not-EU "EU" countries.
Best markets, best job prospects, happier workers, most entrepreneur density, more successful entrepreneurs at that, less people out of work, better health, less crime.

You do know all this figures are descending right? I all those countries you espouse as model right? Such as Sweden.

It's almost like they peaked while capitalism thrived, and then looked at that huge pile of money and said "hmm we can afford a lot of free shit for our citizens, that would be nice". It was gift bore to you by your forefathers, and you're squandering it because you are so detached from reality you believe "free stuff" is what's causing economic prosperity.

It's like looking at Bill Gates' billions and saying "Bill Gates does a lot of Philantropy, therefore I'll do lots of philantropy to become a billionaire :DD"

And now you're importing droves of immigrants that have literally zero chance of ever being employed
hurr durr go back to /pol/

When only 1 in 5 immigrants with a UNIVERSITY DEGREE find employment in 5 YEARS, what chances do you think the others have to
pay for your retirement
pay for you healthcare
pay more welfare than they take
They WILL drain you of "socialism" until there's nothing but a husk, and they will still call that husk "racist".

I'm sure you're rolling your eyes and getting all fuzzy, rolling around in you own moral righteousness at my ignorance of the most absolute truth
Diversity is our strength

Diversity sure worked for us in Brazil.

haveahappyday
haveahappyday

Will the real estate bubble pop in London now?

5mileys
5mileys

@New_Cliche
countless people tried to warn them.

There are countless articles with proper, unbiased info. BBC spent the better part of 2 months providing practical examples on why remaining is the best course of action for now.

but people like pic related exist in larger troupes than the educated.

kizzmybutt
kizzmybutt

@cum2soon
...and now they can trade with the rest of the world that doesn't uphold those same "standards", your point?

Firespawn
Firespawn

@5mileys
unbiased info
BBC

Flameblow
Flameblow

@kizzmybutt
Is this bait or genuine retardation?

LuckyDusty
LuckyDusty

@Evilember
Fifth largest economy.

So it is possible that GB fucked itself for pride and lack of immigrants.
It's better to be poorer (won't really happen in the long run) than to be stuck in a crowded island with tons of islamists.

DeathDog
DeathDog

@Nude_Bikergirl
That wasn't his claim you silly cunt.

eGremlin
eGremlin

@Flameblow
industries that don't have to follow EU regulation on how straight a banana should be become more competitive in the global market
products overall become cheaper
worker wages go down, while maintaining a good quality of life and thus even having to deal with the regulation in the EU market, become much more competitive there as well
hopefully no more shitty protectionism keeping the prices up
Yes this is all retarded

PurpleCharger
PurpleCharger

@LuckyDusty
It's better to be poorer

Wow, looks like the UK really has no idea what it's doing.

Oh boy.

Stupidasole
Stupidasole

@LuckyDusty
What makes you retards think you will not have immigrants now?

Nojokur
Nojokur

@BlogWobbles
the nordic countries are socialists? relatively to what? their taxes are actually slightly lower than in the US so these countries are all pretty much on the same level of socialism, only the US used a lot more central banking/quantitative easing than the nordic countries, which explains why they had a dot com bubble, a housing bubble (all thanks to easing), and finally a recession.

Raving_Cute
Raving_Cute

@Nojokur
their taxes are actually slightly lower than in the US
I wish user I wish, while some corporate taxes are indeed lower there is enough taxes to make up for it several times over

Lunatick
Lunatick

@eGremlin
Britain in the EU
complies with EU standards
trades with the EU and the rest of the world

Britain out
doesn't comply with EU standards
cannot trade with the EU

One of these is better than the other.

Evil_kitten
Evil_kitten

@eGremlin
to sell to the EU, you have to follow their standards, m8. it's the just same thing UK companies were forced to follow.
yes, you are retarded

happy_sad
happy_sad

@LuckyDusty
@Stupidasole
What even make them retards think that "won't happen in the long run".

There is absolutely NO market for you to sell on the level you do now.

There is zero buying potential in JAR or whatever is left of commonwealth and YOU cant compete within EU, and YOU cant compete with as massive economies as US or EU.

You dont even have anything to export and financial services are no way staying in London.

You will basically became Greenland.

And also, guess what policies will be up on the table 10 following years, protip: It wont be the migrant policy.

haveahappyday
haveahappyday

@Spazyfool
They peaked when pure unregulated capitalism collapsed in on itself.

Norway had 1.4 times their GDP in a fund set up solely for buffers when the economy would eventually shit itself again.
That was AFTER the global recession.

This is about the worst thing that has happened since the recession.
http://www.thelocal.no/20150109/strong-nordic-economies-face-threat-in-2015
And even that went nowhere. And instead of doing stupid things like the UK, they fixed it properly, like a sane person would.
Tories in the UK are notoriously poor-hating they don't even try to hide it.
They are the rich elite that have broken the world.

As for the "no jerbs" meme, that is caused by multi-nationals fucking over local jobs and paying no taxes on top.
We left the EU so we could be less regulated by them, only to go in to the open arms of the companies that are CRASHING the world in to the ground.
The EU was not the problem.
David Cameron was trolled in to it by multinational companies pressuring him to get a "better deal" from the EU which led to the referendumb.
The EU was the only thing stopping them.
The only group to go up against the corrupt banking system and say "fuck you" several times.

@Nojokur
Definitions of words said it. Relative relations don't apply.
The US has such a high welfare spend because they let companies get away with bloody murder and poison on a country-wide scale.
Their econ still crashed hard whereas the Nordics didn't.
Their methods are why it failed.

45 MILLION people in the US are on food stamps for fucks sake. Out of 389.
That's stupid. That is caused by them.
And that is in a country as big as the US.

The UK has zero chance of reaching the same status of trade.
We have none of the resources to trade on equal footing as other big nations can.
All our exports are based on imports. Especially our biggest ones.
The UK is going to collapse in on itself harder than when the recession happened. It's almost hilarious.

Deadlyinx
Deadlyinx

@Lunatick
trades with the EU and the rest of the world
cannot trade with the EU if outside the EU
You are literally contradicting yourself

@Evil_kitten
A fuck ton of our imports come from china and the rest of asia, tell me again how they follow our standards? Oh wait, they don't?

@haveahappyday
And now they can remove protectionist tariffs keeping import costs high? Yes a great crash indeed mate

Firespawn
Firespawn

@Deadlyinx

except that we buy shit from China and Asia because it's cheap as fuck

We aren't going to buy shit from UK because it's expensive as fuck with all the taxes and most of the things you manufacture are shitty when compared

SniperGod
SniperGod

@Deadlyinx
And sell to...

EU was one of our biggest markets.
We will need to spend money sending that shit globally now. On great big ships. A great many of them.

Our car market just smashed in to a wall with the force of 15 supernova.
Most of them will leave and the British companies will never be able to compete.

That's just one market doomed. There is a whole graph or markets with no hope of finding markets outside the EU.
Our whole production economy will have to COMPLETELY change for us to get any money.
It can be done, but it is going to be with a massive overhead of debt and poverty for a decade.

I'll take the tariffs thank ye.
Woops, too late.
Smell you later Shittain, I'm out.

SniperWish
SniperWish

@Raving_Cute
what? lol their taxes are about the same like i said and norway does indeed have lower taxes
@haveahappyday
why do you think this means the UK can't trade with European countries anymore?
Did the media tell you this propaganda?
Obviously the UK trades with all kinds of countries that are not part of the EU, Switzerland and Norway are not part of it they can trade with the EU
And america doesn't have a high welfare spend they always point at europe with how good their healthcare is and they don't realize that europe has lower taxes, not higher

DeathDog
DeathDog

@haveahappyday
As for the "no jerbs" meme
Who mentioned "no jerbs"?

If you're gonna parrot "remain" talking points at least make an effort at dialogue by choosing what you repeat, instead of lumping everyone that disagrees with the propaganda you've been fed into "poor, uninformed fool"

AwesomeTucker
AwesomeTucker

@SniperWish
@DeathDog

le evil leftist propaganda
le they can trade with switzerland and norway, :^), they're unfucked

holy shit

PurpleCharger
PurpleCharger

@Spazyfool
finally, one of the few posts that isn't retarded. I thought blind worship of the nordic nations was reserved for poorly informed liberals.

GoogleCat
GoogleCat

@SniperWish
Switzerland and Norway are not part of it they can trade with the EU

Yes, by the rules of EU which over they have NO legislative power because or not part of the EU

Supergrass
Supergrass

@Firespawn
Germany have already called for a free trade deal with UK ASAP, and local taxes can be changed.
most of the things you manufacture are shitty when compared
Capitalism

@SniperGod
Canada, USA and Germany have all called for trade deals, I saw someone mentioning india and china as well but I have no source on that

Fried_Sushi
Fried_Sushi

@haveahappyday
Also I don't really think know out of control the bureaucratic machine in Brussels has become. If you still think the EU is "just" a FTA you're so wrong it's not even funny.

"We decide on something, leave it lying around and wait and see what happens. If no one kicks up a fuss, because most people don't understand what has been decided, we continue step by step until there is no turning back."

That's the top dog Juncker talking, really I could pull any quote from here https://en.wikiquote.org/wiki/Jean-Claude_Juncker and it would be crystal clear that this guy has NOT been voted in and DOESN'T care about the wishes of the people.

But most people are s-stupid inbred meanies that shouldn't get a vote!
At least the left's being honest right now about their totalitarian tendencies

Stark_Naked
Stark_Naked

@SniperWish
Norway also said right before that the UK would hate being outside the EU because it means they would need to completely change their economy in order to thrive.

With the Tories at the helm and most certainly likely to get re-elected because "FREEDUMBS!", they will never change.
The tories are anti-welfare at the core. Any penny away from them is an attack on their family personally.

They are at the whims of the EUs laws without any input on said laws.
If the UK stayed, we could have lead a fight against Brussels monopoly over the EU and fixed it, with help from other nations.
Instead a bunch of reactionary retards and idiots thinking their pensions are safe decided "fuck it get those dirty pakis out I can't understand them!"

America doesn't have high welfare spend.
LOLWAT
Their food stamps alone number double digit billions at the high end, oh there it is, $74 billion.
Across 45 million people. And climbing.
2.3 Trillion Dollar Total of Social Security, Medicare and Means Tested Welfare is low since latest 2013 means tested data not available but 2013, the "real" TOTAL will be higher.
Holy FUCK that is far higher than I thought. Fuck me America wtf ru doin
Just, wow.
Sorry, I'm going to have to go away for a second to laugh myself dizzy.

Booteefool
Booteefool

@Supergrass

Capitalism also says that if you can get shit cheaper from the same quality you should go for it

Why the fuck would people buy cars from UK? Why the fuck would we buy your shitty spare parts?

Evil_kitten
Evil_kitten

US and Germany were expected, as was China and India. (we built that poo)

Germany was the unexpected one.

@Fried_Sushi
Hence why we should have stayed and fucking destroyed that shit little country, even if it meant war.
The fuck do they have besides offices and power-hungry suits?

Instead we have fucked out country and fucked the rest of the EU for our own selfish (and totally misguided) wants.

Gigastrength
Gigastrength

@GoogleCat
by the rules of EU which over they have NO legislative power because or not part of the EU

Not much different than the UK used to be desu

Out of 72 regulations that the UK tried to block they succeeded in exactly zero.

Really not much different from any other country in the EU senpai, unelected officials are the ONLYy ones that CAN propose legislation (did you know that??).

So they don't need to worry about proposing shit that harms the people, they don't need the votes, and the European parliament (elected) can ratify or veto, so the commission just keeps reitroducing shit their sponsors wants until one time it slips though, and there's no going back, it's utterly disgusting

Emberfire
Emberfire

@Booteefool
Capitalism also says that inferior companies will give way to new, better ones. Interfering like the EU do just keeps that shit alive.

Flameblow
Flameblow

@Evil_kitten
US and Germany were expected
Germany was the unexpected one.
que?

WebTool
WebTool

@Emberfire

pfffffffffft

If that was the case China would be fucked from ages ago.

Just face it, nobody will buy shit from UK. They have nothing to export except maybe some cheap cars

BlogWobbles
BlogWobbles

@Flameblow
Woops, meant to type Canada.
I heard Germany from Sky News as I was typing and it must have came out instead.

Never even noticed that.
Too busy laughing at that welfare bill of the US still.

@Emberfire
C H I N A

BinaryMan
BinaryMan

@Stark_Naked
@Evil_kitten

If the UK stayed, we could have lead a fight against Brussels monopoly over the EU and fixed it, with help from other nations.

Let's change the system from inside guys! By voting!
Btw we can't introduce legislation

Really with the game set up like this, the winning move is not to play.

GoogleCat
GoogleCat

@Stark_Naked
i'm an ancap so obviously any amount of welfare spending is too much for me,
but Bernie usually sais something like: look at denmark loot at germany, and how good their welfare is!
and doesn't mention their taxes are not higher, they manage that by just simply being wealthier
and come on the uk will still be able to trade with europe, they didn't need to create a global government called british-chinese union to trade with china.

Nojokur
Nojokur

This may be a dumb question, but how long is Brexit gonna tank our stocks? All of my shit went down besides Twitter.

Stark_Naked
Stark_Naked

@WebTool
Protectionism from foreign competition is very much a thing in china though, and the tariff free import to the US off set any gap in quality.

Remember that "good enough" is fine for most industries.

Garbage Can Lid
Garbage Can Lid

@BinaryMan
That's why I mentioned "even war".
Brussels would be squashed like an ant.

It would be a last resort.
Most countries would likely just come together and blackhole Brussels if they don't succumb.

@GoogleCat
That's not the point.
We could easily trade with them.
The facts are:
said trading will be more expensive
those countries produce similar products for most of our industries and can overcome our prices.

Very few people are country-loyal when buying a product made from X.
They only care about the brand.
The UK has very few brands of worth.
And more to the point, exclusive brands.
And even more to the point, brands with a british HQ and are 100% British. (many of these companies already have plans to leave the UK in place)

That's the problem.

The UK left under the pretence that they can compete with the global market.
We can't. We simply can't. We are fucking tiny.
Even if 100% of the UK were to go full China on producing, we still wouldn't compete.

Crazy_Nice
Crazy_Nice

@Nojokur
buying Twitter
holding Twitter

m8 what the hell

Booteefool
Booteefool

@takes2long
Haha wages will increase you idiot

farquit
farquit

@Deadlyinx
trades with the EU and the rest of the world
cannot trade with the EU if outside the EU
You are literally contradicting yourself
wow man, you are truly retarded. what are you doing here? why do you keep arguing about shit, if you don't even understand what is being discussed?

happy_sad
happy_sad

@Crazy_Nice
Is Karen happy or sad at this morning's result?

haveahappyday
haveahappyday

@Garbage Can Lid
Then why should UK stay in EU?

You can't compete, your stuff is apparently shit that nobody buy and I very much doubt financial centre london was what kept your economy going

massdebater
massdebater

@Evil_kitten
Why do you think the UK won't have even higher standards than the EU?

The way you keep banging on about standards makes me think you're some kind of chink.

Britain invented fucking standards. The quality of our goods and our working conditions will be even higher than the EU which is a race to the bottom.

What is actually now fucked is the EU. Every country will leave and the UK will be absolutely fine and better for having been the first to leave

iluvmen
iluvmen

@Stark_Naked

good enough is fine for most stablished industries

UK doesn't have any local brands able to compete

kizzmybutt
kizzmybutt

@Crazy_Nice
I am dumb and new to this. I had like 50 bucks left on my stock account thing and they looked really fucking cheap.

If I sell now, I'm out 8 bucks. I'd rather risk it tanking.

Poker_Star
Poker_Star

@Garbage Can Lid
since their economy will shed this useless second layer of government they would actually more efficient with reducing their prices, and why should it be more expensive anyways? the UK already had a huge trade deficit with europe it's not like this is what's gonna tip the boat for them lol

Deadlyinx
Deadlyinx

@Spazyfool
high taxes
free stuff because the markets peaked
wut

And now you're importing droves of immigrants that have literally zero chance of ever being employed
When only 1 in 5 immigrants with a UNIVERSITY DEGREE find employment in 5 YEARS, what chances do you think the others have to
inmigrants aren't there to replace anyone, most of them will probably do cleaning and construction...
and 1 in 5 isn't that bad.

Techpill
Techpill

@Garbage Can Lid
We can't. We simply can't. We are fucking tiny.

Why is everyone so convinced that the size of the UK is the most prohibitive factor in international trade? Now that the UK is no longer part of the EU they have the potential to once again become the one of the international business capitals. There are many examples of smaller nations that perform very well on the international stage because of smart economic policies. Rampant european protectionism is far from smart economic policies.

Burnblaze
Burnblaze

@farquit
Either you are illiterate or fucking stupid
EU countries can trade with non-EU countries except if your country is outside the EU its impossible to trade with the EU, which is supposedly able to trade with non-EU countries?

What logical hoops did you jump through to get to that conclusion?

RavySnake
RavySnake

@Deadlyinx
1 in 5 isn't that bad.
It is when they live off of neet bucks that entire time and afterwards

CouchChiller
CouchChiller

@Burnblaze
no you dumbass, you completely misread what the other an0n said, and now are just arguing randomly

@RavySnake
so you conveniently ignore half of my reasoning. OK.

ZeroReborn
ZeroReborn

@haveahappyday
Because the tariffs are lower and we can compete.

Brussels has said repeatedly they are going to make an example of the UK for leaving. (especially if it encourages others to consider it)

@Poker_Star
The Tory government have single-handedly cost more than the past couple governments.
They have destroyed NHS England and it is now costing an extra £2 billion a year and it STILL isn't even complete in converting from a cooperative system to competitive system.
People are DYING in corridors because of the lack of funding. That's how bad it is.
The Scotland region of services, Wales and NI haven't been touched since they were devolved.
The welfare system is even more broken and it has cost us insanely more because the government have ballooned its administration of said system through paying people bonuses to get claimants off welfare as well as paying a whole external company (Atos) to do part of the welfare assessments for them.
That is just a few of the more fucked areas the Tories have created.

Want to know why they are fucked? They done it on purpose so they can say "hey, look, they are fucked, let's make them private, that will work!"
Oh, wait, no single private healthcare system is even remotely good compared to even shitty social healthcare systems.

@Techpill
You forget that our governments are run by retards that only care about lining their own pockets.
And they are very likely to be re-elected.
If they don't, HEY, we might actually have a chance of fixing our country from the mess they caused.
But it is a slim chance. People will think the Tories saved the UK and will vote them in again.
Corbyn is a fucking moron and nobody has liked him.
SNP are hilarious. (I wish I wasn't in Scotland because of Nicola)

Also, what small countries do well?
I'm legit asking and not being a dick.
I would like to know to see if we could emulate them.

TechHater
TechHater

@Soft_member
Finance.

Illusionz
Illusionz

@ZeroReborn
Lichtenstein
Switzerland
Norway (sort of)
Singapore
Hong Kong (not necessarily independent but granted autonomy over economic policies)

if you want I can find plenty more examples, this is just off the top of my head. I'll admit, I don't know much about UK politics but the whole platform UKIP was running on made a strong emphasis on the economic benefits of freer international trade.

Raving_Cute
Raving_Cute

@Illusionz
one common theme you'll find with these examples is that they're highly integrated into the international market and have grown very wealthy off of that.

iluvmen
iluvmen

@Illusionz
Lichtenstein and Switzerland are both more or less in the EU by proxy, though.
They are subject to their policies through EFTA and their market, pretty directly.
Switzerland a little less.
Norway much less so. (but again, strong welfare state and competition due to that)

King Kong is mainly there because of tax. (extremely low to none)
It's also pretty horrible on the inequality scales last I remember. Actually I think it was the worst.
Plus, dat pollution.

Singapore is a definite oddity though. I forgot about that place.

@Raving_Cute
But that's exactly why it is going to collapse.
The UK won't accept the changes needed to become that integrated.
The sacrifices to reach such a level are too high.
Even the Tory scum won't go for that and they like jewing people off.

idontknow
idontknow

@iluvmen
Stop spouting memes. The UK exports will do fine under a weakened pound.

Deadlyinx
Deadlyinx

http://www.motherjones.com/politics/2016/06/nigel-farage-admits-his-bold-brexit-claim-was-mistake

Snarelure
Snarelure

@Deadlyinx
Admits His Bold Brexit Claim Was a "Mistake
It was a claim made by Vote Leave, the official leave campaign who were not him. Did anyone in the media pay any fucking attention to what they were reporting on?

Evilember
Evilember

@iluvmen
Lichtenstein and Switzerland are both more or less in the EU by proxy, though.
They are subject to their policies through EFTA and their market, pretty directly.
EFTA is a much looser economic relationship than the EU. They have access to the single market but aren't subject to many of the regulations and common policies of the EU. Lichtenstein is a very specific example, and I doubt the UK would be able to emulate their success.

it's also pretty horrible on the inequality scales last I remember. Actually I think it was the worst.
hong kong has inequality because immigrants from china would do anything to get in. The chance at upwards mobility is massively higher. It's the same reason that rent is so fucking high there.

dat pollution
given the population of hong kong it's not as bad as you'd think.
http://www.numbeo.com/pollution/rankings.jsp

But that's exactly why it is going to collapse
I'm willing to concede this point until I do more research, I honestly don't know much about how feasible global integration would be.

VisualMaster
VisualMaster

@Illusionz
hurr Norway and Switzerland are not in EU durr we'll become rich just like them

Norway and Switzerland are rich and not in the EU. But they're not rich not because they're in the EU. They're not in the EU because they're rich. It's a cause, not the effect. Uneducated Brits seriously think that if they are not in the EU, they can become rich like them.

This is going to become a shitshow that will last for over a decade. UK has 2 years to leave EU. There is no way they can negotiate even a fraction of the treaties they need with the EU during that time. If clause 50 is involved, and 2 years from the official brexit announcement (which could come next week) EU will enforce it, it will cut many things dead in their tracks.

You're going to find it difficult to even negotiate EFTA/EEA in a time period of 2 years. What makes you think you will be able to get thousands of smaller treaties done in this time?

GoogleCat
GoogleCat

@idontknow
UK exports

Such as? The finance industry is panicking and preparing to move out of London to an EU country. Fish/oil will be taken by Scotland when they declare independence to stay in EU. Cars? Your lunch was eaten decades ago by Germany and Japan.

UK is not an export-driven economy like Germany or China. They won't benefit as much from a weak currency.

Lunatick
Lunatick

@Soft_member

Does the UK actually make anything?

Spamalot
Spamalot

@VisualMaster
this reasoning is retarded if you try to give it a second thought.

They're not in the EU because they're rich
You're literally saying that no rich nation would join the EU. Given this information, would you think that joining this union is a good thing? There's didn't join the EU because they know it would negatively affect their trade, which is why they're so rich in the first place.

there is no way they can negotiate even a fraction of the treaties they need with the EU during that time
EU trade has decreased substantially in recent years. Growth is stagnating and the monetary base is faltering. THEY ARE IN NO POSITION TO CHOOSE WHO TO TRADE WITH. This is very important to understand, they can't afford to pick and choose. Germany runs its second largest trade surplus with the UK. They will NOT jeopardize this relationship.

Skullbone
Skullbone

@Spamalot
It's amazing how deluded Britbongs can be. Somehow you have this idea that the UK is a superpower that is far more powerful than all of EU in every way possible. That's just not the case.

UK's economy relies on London being a financial center. The world's financial companies are in London because it offers access to the EU. Now that London is going to lose that access, financial companies are panicking and looking into alternatives such as Frankfurt, Paris, Amsterdam, Dublin, and others.

UK has literally shot itself in the dick. You've dealt a serious wound to what is your single most important industry.

happy_sad
happy_sad

@Snarelure
It was a claim made by Vote Leave, the official leave campaign

well that makes it better right?

Playboyize
Playboyize

@Soft_member
How have they managed to make money so far?

Carnalpleasure
Carnalpleasure

So Veeky Forums, should I move before the ship starts taking on too much water, or what?!

Emberburn
Emberburn

@Carnalpleasure
Lots of financial jobs are going to be opening in Frankfurt, Paris, Amsterdam, and London.

TechHater
TechHater

@StrangeWizard
when u fall this hard for sarcasm

AwesomeTucker
AwesomeTucker

@TechHater
all non-german, foreign-owned auto manufactures owned by third world countries
referendum fueled by fear of immigration from third world

Soft_member
Soft_member

@Soft_member
Cars
Food
Weaponry
Jet engines
Aircraft
Music
Culture

Lots of stuff. And lots of stuff that can be exported digitally over and over again.

Evil_kitten
Evil_kitten

@MPmaster
Yeah those pesky "duty-free" regulations.

How awful that the UK could trade without being subject to punitive tariffs. I can't wait to see how the UK performs now that it's freed from the shackles of the common market and continental investment.

Bonaparte is rolling in his grave laughing. Only the UK could revive the Continental System.

viagrandad
viagrandad

@Evil_kitten
British car manufacturers failed because they made shit cars
True. However, the industry we now have may not be british companies, but we make more cars now than Italy. Mostly through japanese manufacturers opening factories here.

Now we can slap fat export taxes on all the toyotas going to europe.

Methshot
Methshot

@Soft_member
Well you can cut the automotive sector out. There's no reason for the Germans to build their cars there anymore and they're under heavy pressure by their own government/labor unions to build in Germany.

That's 10% the economy gone right there.

Emberburn
Emberburn

@Skullbone
B-b-but the memes...

StonedTime
StonedTime

@Skullbone
The world's financial companies are in London because it offers access to the EU. Now that London is going to lose that access, financial companies are panicking and looking into alternatives such as Frankfurt, Paris, Amsterdam, Dublin, and others

If the only reason to be here is access to the EU, why didn't they just choose anywhere in Europe in the first place?
If that's how weak the link is, for ANY company or ANY person, then fuck off...

eGremlin
eGremlin

@VisualMaster
Bullshit, it takes a full 10 years for the UK to be fully phased out. 2 years is just to make shit official.

BinaryMan
BinaryMan

@StonedTime
It's not the only reason, but it's a very significant reason. All the various things added up to financial companies wanting to settle in London. Now one huge thing, which is free access to EU markets, is going to be taken away. Definitely all financial companies are considering, or at least exploring moving their business to inside the EU.

AwesomeTucker
AwesomeTucker

@StonedTime
because Britain traditionally offered a link to the US as well (same language, similar culture). Nobody wanted to deal with Hans' autism in Frankfurt. That kind of got obsolete as technology and globalization advanced, but London still had that status as a global finance center. Had

JunkTop
JunkTop

@AwesomeTucker
there is nothing wrong with socialism
when something works in a way that the very definition creates an artificial and inflated system it is safe to say the idea isn't very good and there are several things wrong with it.

also the UK was slowly losing power over the EU. you can't be subservient but claim you have all the chips because you are occasionally allowed to make your point. frankly could have done a much better job of it but then again the markets freaking out over something that hasn't even begun is part course.

Fuzzy_Logic
Fuzzy_Logic

@CouchChiller
every industry in the country need to follow EU regulations to trade with the EU
if they are the UK
Yes lad, I understand perfectly what he wants to say

whereismyname
whereismyname

@Soft_member
What will they export

Well starting now, black people

Supergrass
Supergrass

@BinaryMan
the UK was allowed special permissions that made them more attractive than other countries, why bother going to London when Brussels or Munich is at the very heart of continental Europe and the heartline of the Euro? Obviously other banks who's main business is in the Euro will move out but there's opportunity in the UK that isn't avaliable elsewhere, especially given the more pliable position they are in.

MPmaster
MPmaster

@Fuzzy_Logic
no, companies need to follow EU regulations on quality, packaging or anything if they want to sell to the EU, and it doesn't matter where or who they are. just like they do with any other country.
this is REALLY obvious.

girlDog
girlDog

@Soft_member
The big one I can think of is biotech. The EU was not particularly friendly to that industry and the UK could position themselves to be very attractive to companies from all across Europe to set up shop there just by having less red tape.

viagrandad
viagrandad

@girlDog
But is the sentiment shared in the UK? If it is I don't see much changing.

Bidwell
Bidwell

@MPmaster
Tell that to the guy arguing against me when I said exactly that.

hairygrape
hairygrape

@Soft_member
Overpriced plastic war hamming miniatures

Methshot
Methshot

@viagrandad
I really don't know enough about the general populace of the UK's sentiment on things like development of GMOs to say. It's a potential area for growth if they decide to adopt some less stringent regulations though so it's probably worth keeping an eye on. European companies being able to set up in the UK to develop products for export to the developing world without ever having to deal with EU regulations would be a pretty attractive position to be in.

Emberfire
Emberfire

@Methshot
I'll try and see if there's any polling or such on it. Not sure why it would change all that much when the regulations pretty much stifled most potential students or made them go overseas for jobs though.

SniperWish
SniperWish

@Stark_Naked
German cars are shite now chief

RumChicken
RumChicken

@Emberfire
Well it's not like the UK or Europe doesn't have biotech. They'll just be able to expand on what they do have if they loosen regulations.

eGremlin
eGremlin

@BinaryMan

The few US and German banks that threatened to leave on Brexit or half their staffing levels, etc (JP Morgan, Goldman Sachs, and maybe UBS or Deutsche Bank, I think?) are the same ones who said they would leave if we didn't join the single economy (The Euro) and when we voted to not adopt it, they immediately changed their position.

Now CEOs of both banks have sent memos to staff saying they have been preparing for a leave vote for some time, it won't have a huge effect on their operations and in fact they are looking at focusing on UK clients, and new opportunities, rather than the single market, and how this 'leave' process will take a lot longer than people are making out, and to not panic etc etc

Read both CEOs emails here -

http://finance.yahoo.com/news/goldman-sachs-jp-morgan-told-134833912.html

(PWC) nominated London the financial capital of the world for 2016.
That's not because of the EU.
PWC is a multinational with offices everywhere, and is the largest professional services company in the world.
Their HQ is London.

AwesomeTucker
AwesomeTucker

@eGremlin
reality
the people dumping their entire portfolios today were fucking retards.

Fuzzy_Logic
Fuzzy_Logic

@RumChicken
You are right, I don't know enough to determine whether GMO research was significantly affected by the EU and if there can be crossover between what biotechnology industries are currently working within the EU and UK and new products that could be developed now the UK is out...

also from the polling it seems the average British is more okay than say the average Frenchman or more importantly the average German so there might be something to this.

Crazy_Nice
Crazy_Nice

@eGremlin
So basically do not worry? Because being young I have to live with this shit

Soft_member
Soft_member

@Techpill
The reason for that was because, like with so many fucking things, the EU wouldn't just organize tariffs. Instead the proposition was to create a centralized EU body to control tariffs without the need for votes by the representatives of member states. For obvious reasons that was shot down by like half the member states.

girlDog
girlDog

@Fuzzy_Logic
I'm by no means an expert but if there's a thread to pull on in this I think it's that one.

farquit
farquit

@BinaryMan
What was the other reason?
Fish and chips?
Cup o' tea?
Mary Poppins?

Fuck off, even Londoners don't like London,.
I should know, I was born here and wouldn't live here if it wasn't for the money. I can earn what took me 40 hours a week up north in 20 hours a week here. You can Uber anywhere, it has advantages, sure -

Cheap whores
Get drugs anywhere.
Get pretty much anything anywhere with the right connects.

Maybe it's more like we have a lot of tax havens, hmmm?

Let's get down to the nitty gritty here, we will prosper because you can buy trillions in property through Belize Corporations anonymously (yes, I said trillions, check my facts if ya don't believe the hype) the Russian mafia, Latino Jefes, Chinese billionaires, Rich Arabs, they are all at it.

Are you kidding me? If I go abroad for a month, I might come back and not recognize the skyline anymore, buildings go up that fast.

SomethingNew
SomethingNew

@Spazyfool
And now you're importing droves of immigrants that have literally zero chance of ever being employed
hurr durr go back to /pol/
When only 1 in 5 immigrants with a UNIVERSITY DEGREE find employment in 5 YEARS, what chances do you think the others have to
pay for your retirement
pay for you healthcare
pay more welfare than they take
They WILL drain you of "socialism" until there's nothing but a husk, and they will still call that husk "racist".
I'm sure you're rolling your eyes and getting all fuzzy, rolling around in you own moral righteousness at my ignorance of the most absolute truth
Diversity is our strength
Diversity sure worked for us in Brazil.
So it's good because of the refugee crisis, which is entirely Britain's own fault? This is the only fucking argument That's not at all retarded. If Britain changed their asinine policy which allows for anyone to apply for asylum even if they're in a third, safe country, they wouldn't be flooded with migrants. And yes, I am going to tell you to go back to /pol/ because >waah liberals say "X" is racist or >muh diversity are both /pol/-tier statements. I'm not pro-immigration. You can be against immigration without being racist. But when you start talking about diversity being bad, and assuming all immigrants are darkies, then yeah.

Bidwell
Bidwell

@Supergrass
I just heard China and Australia want a piece of the action too
It's gonna be juicy, junior, reeeal juicy.

lostmypassword
lostmypassword

@Bidwell
yeah China has been negotiating with the UK for a while now, even before the Brexit became relevant

might be a good time to look at some Chinese companies that could get big in Britain (and vice versa)

Poker_Star
Poker_Star

@Emberfire
Capitalism also says that inferior companies will give way to new, better ones.
Yeah, that's a lie.

Techpill
Techpill

There is going to be a run on teh banks in the future for the brits. Banks deal in Euro and exchange the euro into the pound. Customer data now has to be shut off because the EU no longer works in the UK. Banking trade has to be renegotiated between every nation the brits do with banking with. You guys have to pay tariffs while exporting to the EU. You will have to follow the old rules while paying more. This is what happens when economic illiterates out number the economic literates. Hopefully the US doesn't go this route and if they do ww3 will happen within five years. This is why democracy sucks. Too many stupid people.

BlogWobbles
BlogWobbles

@lostmypassword
There's a quote by Warren Buffett but I always fuck it up, and I think it is not originally his quote, or it's misquoted often, but fuck it, here goes -

'When most people are confident, be cautious,
When most people are cautious be confident '

Of course, he was referring to investing, more than speculating, but it describes the 'Mr Market Concept' if you are familiar with it, from Warren's favourite book, The Intelligent Investor.

BinaryMan
BinaryMan

@Bidwell
I thought I was replying to him... why the hell did you even reply to me in the first place?

@eGremlin
so they do it as a way to influence internal politics? and then we wonder why everyone else is fucked... never, ever trust these fucking anglos and jews.

JunkTop
JunkTop

@BlogWobbles
yeah of course I'm not saying "go and buy all the Chinese energy stocks". I'm just saying that it's an interesting area one should keep an eye on

StrangeWizard
StrangeWizard

@Illusionz
Lichtenstein has less than 100K people so they can do whatever the fuck they want. Switzerland is an exception to the rule. What industry does Norway have? They're wealthy because of oil. Singapore and Hong Kong both exist for companies to put their Asian headquarters in. Now that China is exercising control over Hong Kong, companies are leaving in droves, which is exactly what the CCP wants too happen.

whereismyname
whereismyname

/biz/thread/1333190#p1333333

Raving_Cute
Raving_Cute

@BinaryMan
It definitely helps, but London is a huge financial center on its own. It's one of the two capitals of the world, the entire city won't just up and leave because of one of the many advantages disappeared.

@AwesomeTucker
Has*
Hans is still just as autistic, even as technology and globalization advance. You said right there why London will remain relevant. It's in the anglo world, it's part of the 5 eyes, it's still very important for the U.S, etc.

takes2long
takes2long

@Booteefool
What an amazing source of info. Any other websites you may share? I am interested in getting the big picture notion and a place to get information from, besides media and news.

WebTool
WebTool

@King_Martha
b8

u do realize how fucked the EU is economically? They are almost as bad as the fucking united states federal reserve.

also, you are wrong, nobody is voting because of immigrants. The UK will do much better economically long term exiting the cancer known as the EU.

Raving_Cute
Raving_Cute

@haveahappyday
Will the real estate bubble pop
Hell yes, not only in London, and that is gonna explode for everybody with a mortgage.

TechHater
TechHater

@Evilember
@Soft_member
Mad Cow Disease

BunnyJinx
BunnyJinx

@Soft_member
cars
Mercedes or BMW all the way, I would never buy any other brand.

Garbage Can Lid
Garbage Can Lid

@Ignoramus
Japan? What's Japan?

Booteefool
Booteefool

@JunkTop
I know you cuck (sorry I just love that word) I was agreeing with you.
People are being cautious to a fault, or dumping.
Whereas guys like Warren tend to just hold and let stocks run their course once he's in, he doesn't panic buy or sell like 80% of cucks (jesus) and speculators.
If the forex market is much bigger than the stockmarket, then you are going to see crazy fluctuations.

Boy_vs_Girl
Boy_vs_Girl

You Britbongs will be carrying the shorthand stick in trade negotiations. This is why China and Russia are happy. You guys will have to comply with their demands. RIP England 1066-2016. You've become the new Romania. Financial companies are going to move to Dublin because of the good business environment. The US has said they will deal with the UK after they deal with the EU. You guys have literally cut off your dick and ate it. This is why the public should not vote. Too many retarded apes in the world. This fallout will destroy Donald Trump election in the US. Scotland will vote for another independence election in the coming months, so will Northern Ireland. The UK will become ENgland and Wales. Which has no natural resources or industry. In essence it will become an African republic with no resources or industry. Good news is British slags value will drop.

King_Martha
King_Martha

@JunkTop
Aston Martin is a meme car. What you really want is a rock solid Jahg.

Soft_member
Soft_member

@Sir_Gallonhead
I have no face for the feel when i dreamt this dream in my youth

happy_sad
happy_sad

I need to change about £1000 to euros for various reasons, I changed 500 before the referendum just to be safe, but the rate looks pretty shit now
When do you guys think it'll improve?

5mileys
5mileys

@Evilember
Got it. Farming.
All shitpoor countries were having their farming industries propped up, and farmers here got a raw deal.
By comparison, shitty countries with arid land were getting huge subsidies just for 'maintaining land for pasture' whereas British farmers had to work long and hard just to stay solvent, and meet quotas, sell milk and meat and knockdown prices.

Britain could slap a tax on Aldi and Lidl, two huge German supermarkets here who have the advantage of their deeply embedded euro position

Bidwell
Bidwell

@happy_sad
Never. The pound will be permanently damaged. It will be like the old Francs currency. Shitty in value and depressing wages and industry. You better just cash out now.

idontknow
idontknow

@Boy_vs_Girl
Brits are to dumb for this world. They had a guide how to vote (like the guide in the airplane how to behave in an emergency)

likme
likme

@5mileys
Britain could slap a tax on Aldi and Lidl,
They will close shop in Britain if that happens. You britbong are not important in the world. You're not Germany or the US. You're a second class nation.

Techpill
Techpill

Aside from digital stock markets, what other ways of making money do you guys know?

TreeEater
TreeEater

@5mileys
Pls not Lidl, this shit is so cheap. I buy my weekly stuff for 3 person for £30, the same shit cost me in tescos £60.

Carnalpleasure
Carnalpleasure

@TreeEater
I buy my weekly stuff for 3 person for £30
Sorry man but 2L solevita apfel saft is gonna be hella pricey from now on

Snarelure
Snarelure

@Carnalpleasure
This. All foreign companies will now have increase their prices due to tariffs. THe UK consumer loses. The establishment wins.

Flameblow
Flameblow

layman here
how bad is this brexit thing?

JunkTop
JunkTop

@Soft_member
Allowing the Scotts to enter the EU sort of legitimates their own sovereignty and that could be very well translated to a supposed referendum scenario in Cataluña. They have no interest into giving even an ounce of enticement to nationalist movements.

t. Spaniard

New_Cliche
New_Cliche

@Flameblow
Pretty bad. Their market crashed and the pound is going lower than two dollar whore in SouthEast London. They've neutered themselves in trade and economics. They now have to deal everything on their own and will be second in line instead of first like they were in teh EU. China and Russia are happy become they have comply with their demands in trade deals not what the UK wants. The US will not trade with teh UK until they've dealt with the EU. This will increase commodity prices and lower their wages. In the long term they will most likely lose Scotland and Northern Ireland and be left as economically powerful as Bulgaria. They will spent less in military, social, economy, and everything else in government spending. Which means less jobs. This is why stupid people should not vote. Literally every person with economic training has said this will hurt Britain in the long run. The leave voters think they're still the British empire with a lot of pull in the world. Which is the complete opposite. They have no power and their status is America's bitch.

Stupidasole
Stupidasole

@New_Cliche
the market crashed
implying
get this fag outta here

Raving_Cute
Raving_Cute

@BinaryMan
I remember i guy in London selling fish that went broke because he had to make new packaging that stated there was fish inside
Yeah, he probably had to sell his cart and put his children in a workhouse.

w8t4u
w8t4u

@Snarelure
tariffs affecting imports
import markets being affected by short term renegotiation
vaugly talking about the 'establishment'

stick with day trading, /pol/tard.

iluvmen
iluvmen

@JunkTop
but they first have to leave the UK to enter the EU... once again, how does Spain have any say on Scotland leaving?

Techpill
Techpill

@iluvmen
They don't of course. But knowing that they wouldn't have approval to be admitted, maybe the Scotts will not be up for secession.

Methnerd
Methnerd

@Soft_member
hmmmm

good question, I have no fucking idea.

I'm not sure I even have any products made in the UK.

I maintain that a nation is only as strong as it's heavy industry. I don't have a good metric or reasoning behind it, it's only a hypothesis at the moment.

DeathDog
DeathDog

What I don't understand is why Brexiters are so enthusiastic about rubbing shoulders with China when they've trashed our steel industry with their dumping. It's not like the EU were ride-or-dying for us but it's certainly clear that China does not have our interests in mind.

Ignoramus
Ignoramus

all these fucking normies against brexit

we reddit now! ayy lmao

Raving_Cute
Raving_Cute

@Soft_member
Fuck exports. Have you seen the pound? Britain just became the biggest tourism economy in the world. Kick out the muslims and it's the new Disneyland tbqh

Garbage Can Lid
Garbage Can Lid

@Raving_Cute
implying anyone wants to visit your cold and rainy shithole

Harmless_Venom
Harmless_Venom

@Ignoramus
we /pol/, then? since when?

Sir_Gallonhead
Sir_Gallonhead

@Garbage Can Lid
I'm America, but I can smell the frogs and butthurt from all the way over here, Pierre. I'm already planning a 20% off trip

King_Martha
King_Martha

@DeathDog
the only steel mill left in Britbong land that actually is decent is the TATA mill. The Tata mill is actually better than most american mill for the 4XXX series alloys

Soft_member
Soft_member

@Sir_Gallonhead
guess again burger
don't forget to pack an umbrella

PackManBrainlure
PackManBrainlure

@Harmless_Venom
/r/catalog#s=eddit

thank me later

SniperGod
SniperGod

@PackManBrainlure
/pol/ is the most reddit board on Veeky Forums

CouchChiller
CouchChiller

@MPmaster
only real answer. if only their tea was as good as Asia's.

Supergrass
Supergrass

@Soft_member
Might as well be France. It's not like you clowns have borders

Garbage Can Lid
Garbage Can Lid

This isn't about money

It's about not being controlled and flooded with rapefugees ref

Harmless_Venom
Harmless_Venom

@SniperGod
kek. ok i believe you, i am the goyim!

Evil_kitten
Evil_kitten

@Fuzzy_Logic
Commodity?

RumChicken
RumChicken

@Fuzzy_Logic
@Evil_kitten
Consumables

DeathDog
DeathDog

@AwesomeTucker
There is literally nothing wrong with socialism, just the bad implementations.
kek

ZeroReborn
ZeroReborn

They bought into the fear mongering memes and now even Greece won't accept the pound

FUCKING GREECE

FastChef
FastChef

@ZeroReborn
no, they made the right decision, finally out of the EU

and if they have Farage as PM, they can finally Make Britain Great Again!

CodeBuns
CodeBuns

@FastChef
bitch I can see your ID. You've already been ousted as a redditor. Go back.

GoogleCat
GoogleCat

@CodeBuns
17 million based britains
vote to leave cucked EU
remain voters who like to fuq goat getting desperate

u lost m8, it's over. Britain can finally prosper

New_Cliche
New_Cliche

@New_Cliche
What prevents the UK from joining a union with the Netherlands and Norway over the next decade, and then slowly sniping at productive EU states until the EU collapses?
Face it. Everyone knows that if the EU was just Germany, UK, Sweden, Denmark, and Norway it would be by far the most powerful economic block in the world. The idealistic notion of having Spain, Italy, Greece, etc join (rather than start a southern federation) was really fucking dumb.
Anyway.
What Europe really wants is free trade, free travel, negotiating trade deals with outsiders as a block, and collective security. They don't need a single currency or stupid shit like a 'human rights' court that gives more rights to prisoners than innocent citizens.

Illusionz
Illusionz

@AwesomeTucker
there is nothing wrong with socialism, except all the real-world examples of it
there is nothing wrong with meth, except the way it is used
there is nothing wrong with rape, except the way it is implemented
there is nothing wrong with theft, except the way it is implemented
How can people really think this?

girlDog
girlDog

@viagrandad
Now we can slap fat export taxes on all the toyotas going to europe.

I'm sure a huge tariff will make people want to spend more.

More likely all those companies will relocate to southern Europe where the wages are low or will just buy more German cars.

viagrandad
viagrandad

@eGremlin
I'm on mobile but I'll try.

If you are in the EU you can trade with other EU nations at a SIGNIFICANTLY reduced tariff rate if you comply with EU regulations.

If you are out of the EU and still want to trade with EU nations the tariffs will be higher than EU to EU trading. And if you do not want to or cannot meet the list of regulations the EU sets for it's trading partners the tariffs on your goods will be even higher, providing a SIGNIFICANT disincentive to EU nations wishing to buy your goods.

"But an0n, China doesn't follow any regs and we still buy their shit"

This is because even with some of the highest tariffs, Chinese goods are sill cheap as fuck.

The U.K. cannot maintain it's relatively high wages and attempt to compete pricewise with Chinese goods, one of it's only advantages was that it was an EU member and therefore not subjected to the taxes China faces on it's exports to the EU.

SomethingNew
SomethingNew

@girlDog
Building car factories and training an entire new workforce to build reliably and consistently is harder than you are anticipating. That being said, there won't be any tariffs or export taxes. It'll be business as usual. EU needs Bongistan as much as the other way around. Obama had a laughable comment today implying Britain would lose 40% of their exporting power since it went to Europe

cum2soon
cum2soon

@viagrandad
@eGremlin
"But an0n, China doesn't follow any regs and we still buy their shit"

This is because even with some of the highest tariffs, Chinese goods are sill cheap as fuck.

The U.K. cannot maintain it's relatively high wages and attempt to compete pricewise with Chinese goods, one of it's only advantages was that it was an EU member and therefore not subjected to the taxes China faces on it's exports to the EU.

"But why is this objectively bad for the U.K. an0n?"

Because the UK will no longer be able to enjoy the relatively large sales of it's goods to EU nations. This means that it will either have to create a larger domestic market (One way to increase this domestic market would be to increase import taxes as to increase the cost of buying foreign goods and/or increase the number of migrants. But everyone seems to hate migrants for some reason so idk why the U.K.'s population would want either of those things.)

ooor you could start selling to non EU nations.

However, exporting to these countries will cost much more as they most likely will have much much higher tariffs than the EU currently imposes on the U.K. Transport costs will also increase simply because these nations are further away.

All together, the increased cost of importing/exporting goods to/from the EU combined with the higher costs associated with importing/exporting goods to most other nations and the stiffer competition found in those markets will likely compound to cause significant harm to the U.K.'s economy.

I really do hope I'm wrong

Techpill
Techpill

@cum2soon
That's a load of shit. I know, I know it's the narrative right now, but the EU isn't going to cut all ties with Britain. Heres a list of the UK's top 10 exports:

Machines, engines, pumps: US$63.9 billion (13.9% of total exports)
Gems, precious metals: $53 billion (11.5%)
Vehicles: $50.7 billion (11%)
Pharmaceuticals: $36 billion (7.8%)
Oil: $33.2 billion (7.2%)
Electronic equipment: $29 billion (6.3%)
Aircraft, spacecraft: $18.9 billion (4.1%)
Medical, technical equipment: $18.4 billion (4%)
Organic chemicals: $14 billion (3%)
Plastics: $11.8 billion (2.6%)

The only things you can replace with Chinese imports on that list is plastics and electronics and my guess is those are both mainly manufactured in China already and simply assembled in the UK. At the end of the day, the EU will work out a trade agreement with the UK or pay higher prices. There's two fucking years to get all this worked out

Snarelure
Snarelure

@cum2soon
@Techpill
Besides, you'll have a friendly U.S. administration to help you along the way. You elect Boris, we'll elect Trump and rule the world

TurtleCat
TurtleCat

@Soft_member
Didn't they find a massive reserve of natural gas under the ocean, in their territory, not that long ago? That sounds like something the EU might have hampered them tapping into, that they could get in on big now.

VisualMaster
VisualMaster

@TurtleCat
It was in Scottish territory, the North sea I think..

Booteefool
Booteefool

@Garbage Can Lid
Asians, Americans, Canadians, and lots of retards from other countries still cream themselves over the royal family and muh doctor who. Even if the UK is a fucking shithole, anglophiles still dream of visiting.

Firespawn
Firespawn

@happy_sad
You changed it to EUROs?
The fuck is wrong with you?
are you stupid?
Wait, why did I ask that, of course you are fucking stupid.

You should have changed it to dollars since the US market had no relation to the UK<->EU split, you IDIOT.

Enjoy your fail while you can.
Might as well kill yourself now. You can't recover from stupidity on levels like that.
The pound is going to sink even harder as companies move to the EU.

@DeathDog
@Illusionz
arguments: none
Also, come back when you are Norway, faggot.
Americans don't get to discuss economy systems when they spend trillions of their devalued currency ON social programs despite hating it.
This is what happens when you devalue your cash thinking you are hot shit. You aren't fucking China. You're nothing.

haveahappyday
haveahappyday

@Sir_Gallonhead
Fuck man, one can dream

idontknow
idontknow

@BinaryMan
I have worked as a software developer for agri sector in Ireland mainly doing apps for farmers to check usage of different sprays and fertilizers. In the recent years many UK companies had to spend a lot of Brit dollars to keep with EU standards and regulations. Now they can centralize this in their own agri sector and save money when selling locally. However to sell it abroad they still have to keep to EU regulations. I can see how small and medium size business in UK can start making profit as long as they only keep it locally . big companies especially from US will move to Ireland

Playboyize
Playboyize

@Firespawn
But mah fcuk glasses

TechHater
TechHater

@Stark_Naked

Okay you stupid autist. The EU has been around for long enough now. Why lead a fight against Brussels this year and not f**king 10 or 15 years ago?

Obvious dumb biitch is obvious. This is why women should be banned from Veeky Forums.

whereismyname
whereismyname

@Firespawn
talking shit about the strongest currency in the world

TalkBomber
TalkBomber

@TechHater
not 10 or 15 years ago
Because they weren't massive cunts back then.

@whereismyname
hurr durr GDP amirite guis xD
Don't even go back to Econ 101.

Strongest. Don't make me laugh to death. Although it would be objectively the best way to go.
The only strength behind that currency is the military and dodgy deals at the expense of the average Americans lives.
Nobody but the actual 1% benefit from that strength.

Protip: China owns America.
Enjoy becoming the new China over the next few decades.
They are already buying up your companies AND land after buying your debt. Soon, your jobs.
Of course, America would rather nuke itself than become slaves to another country. GG.
Hope you have a hut innawoods. Better pick somewhere that isn't downwind from important regions

US finances are a fucking joke right now.
Ever since the Iraq war it has gotten exponentially worse every year.
An average American could never live in a country outside of America with its relative income converted to said countries currency.
The cost of living is considerably higher.
The dollar is so fucked that there are 45+million people on food stamps. Out of 390~ million.
And another 100+ million are just barely above poverty, being force-fed toxic foods because healthy food has been out-priced by mass-produced shit-tier stuff filled with fructose and cooked in rancid, burnt fats filled with pro-inflammatory omega 6.

Shits fucking depressing. America used to be great. Now look at it.
I'd rather suck off the collective dicks of everyone in Brussels than live in America.
I legit feel bad for Americans.

America could be greater, but they won't get off their asses and mine all those shit states resources and use Yellowstone supervolcano as a geothermal power plant because "MUH PARK, DUN RUIN IT PLS!"
Hope it fucking explodes and kills the stupid park owners. Idiots. The park can still look nice with an underground geothermal plant.

Disable AdBlock to view this page

Disable AdBlock to view this page