Another new Brexit thread

[west didsblue]

Best ignore the modelling then and just make it up as you go along hoping for the best.

I thought he was saying we should use Astrology.
Presumably because it's the only thing that might predict Brexit being a success. And if it isn't they can blame Mystic Meg.

 

[jaseirai]

Best ignore the modelling then and just make it up as you go along hoping for the best.

It’s not much better than making it up.

 

[blueparrot]

It’s not much better than making it up.

Yes it is, like a weather forecast or shipping forecast, they may be wrong things happen, like covid. Anyone setting out to sea or up mountain w ithout checking the forecast would be a reckless idiot.

 

[mcfc1632]

It’s not much better than making it up.

Be careful mate - you have started to post commonsense and inconvenient truths on here with some frequency - too many posts and you will start to draw unwanted attention from those that cannot tolerate alternative views ;-)

 

[jaseirai]

Be careful mate - you have started to post commonsense and inconvenient truths on here with some frequency - too many posts and you will start to draw unwanted attention from those that cannot tolerate alternative views ;-)

I won't be carrying on with it. I'll wait until Imperial College's pandemic modelling software gets analysed (surely it must) and the shit will hit the fan.

 

[stonerblue]

electric cars fault

 

[west didsblue]

Be careful mate - you have started to post commonsense and inconvenient truths on here with some frequency - too many posts and you will start to draw unwanted attention from those that cannot tolerate alternative views ;-)

At least he's got a view and sometimes actually posts real links to stories where it could be argued there might be a benefit to Brexit. Some of his pro-Brexit posts (with the exception of this nonsense about forecasts) are probably the only ones worth considering in any sort of detail. Unlike your posts which are unfettered bullshit by the truckload.

 

[bluethrunthru]

electric cars fault

makes sense.....I mean they only make the Leaf EV........Juke and Quashqai that are both available as a hybrid at Sunderland.

 

[Vic]

Unfortunately you have to read it all before you get to the only relevant paragraph.

“No-deal Brexit would not cause as much damage as inflicted by the pandemic earlier this year. However, the LSE modelling estimates a reduction in GDP worth 8% over a decade compared with remaining in the EU”

LSE modelling, Imperial College, The Treasury and pretty much all economic forecasts exist only to give astrology a good name.

It's not really that difficult.

Brexit won't shut down economic activity like Covid. But Covid is temporary and we can recover (unless they penalise the poor with more austerity) whereas Brexit will cause permanent damage to the economy - in the long run it will seem less impactful (time will spread the pain) but every increase in GDP for decades will be from a lower base than if we had stayed in the EU.

Butter and bikes just two commodities out of the thousands that will have tariffs applied. Inflation is guaranteed.

 

[jaseirai]

It's not really that difficult.

Brexit won't shut down economic activity like Covid. But Covid is temporary and we can recover (unless they penalise the poor with more austerity) whereas Brexit will cause permanent damage to the economy - in the long run it will seem less impactful (time will spread the pain) but every increase in GDP for decades will be from a lower base than if we had stayed in the EU.

Butter and bikes just two commodities out of the thousands that will have tariffs applied. Inflation is guaranteed.

With all due respect, the last thing I need is an economics lesson from you.

 

[Metal Biker]

Unfortunately you have to read it all before you get to the only relevant paragraph.

“No-deal Brexit would not cause as much damage as inflicted by the pandemic earlier this year. However, the LSE modelling estimates a reduction in GDP worth 8% over a decade compared with remaining in the EU”

LSE modelling, Imperial College, The Treasury and pretty much all economic forecasts exist only to give astrology a good name.

Headline hounds, at it again!

 

[Mr Kobayashi]

It's not really that difficult.

Brexit won't shut down economic activity like Covid. But Covid is temporary and we can recover (unless they penalise the poor with more austerity) whereas Brexit will cause permanent damage to the economy - in the long run it will seem less impactful (time will spread the pain) but every increase in GDP for decades will be from a lower base than if we had stayed in the EU.

Butter and bikes just two commodities out of the thousands that will have tariffs applied. Inflation is guaranteed.

Inflation isn't always a bad thing. It can smooth out the effects of an asset price bubbles, obviously not good for people with the most assets. It can also create the conditions that spur innovation. Higher wages push capitalists to invest in more efficient technologies. Seen it argued that the reason Scotland adopted the spinning Jenny and mechanised the mill process was in response to high wages, where as French Capitalists didn't have the same incentive because wages were much lower.

If the cost of premium butter like lurpak goes up, it might be an opportunity to move the Nation's preferred choice of spread to healthier and more sustainable vegetable based alternatives.

Other food issues could also spark the UK to copy the Netherlands in creating a more efficient food production industry, making use of modern industrialised greenhouses and over the long run greater automation, with robot planters and harvesters.

Inflation and tariff barriers pushing up the prices could reduce the comparative costs of innovation when compared to imports and the use of cheap foreign labour to harvest produce grown using more traditional methods.

 

[Fred_Quimby]

Inflation isn't always a bad thing. It can smooth out the effects of an asset price bubbles, obviously not good for people with the most assets. It can also create the conditions that spur innovation. Higher wages push capitalists to invest in more efficient technologies. Seen it argued that the reason Scotland created the spinning jerry and mechanised the mill process was in response to high wages, where as French Capitalists didn't have the same incentive because wages were much lower.

If the cost of premium butter like lurpak goes up, it might be an opportunity to move the Nation's preferred choice of spread to healthier and more sustainable vegetable based alternatives.

Other food issues could also spark the UK to copy the Netherlands in creating a more efficient food production industry, making use of modern industrialised greenhouses and over the long run greater automation, with robot planters and harvesters.

Inflation and tariff barriers pushing up the prices could reduce the comparative costs of innovation when compared to imports and the use of cheap foreign labour to harvest produce grown using more traditional methods.

As someone said previously; these innovations will cut jobs and raise inflation affecting the poorest in society the worst.

 

[jaseirai]

Inflation isn't always a bad thing. It can smooth out the effects of an asset price bubbles, obviously not good for people with the most assets. It can also create the conditions that spur innovation. Higher wages push capitalists to invest in more efficient technologies. Seen it argued that the reason Scotland created the spinning jerry and mechanised the mill process was in response to high wages, where as French Capitalists didn't have the same incentive because wages were much lower.

If the cost of premium butter like lurpak goes up, it might be an opportunity to move the Nation's preferred choice of spread to healthier and more sustainable vegetable based alternatives.

Other food issues could also spark the UK to copy the Netherlands in creating a more efficient food production industry, making use of modern industrialised greenhouses and over the long run greater automation, with robot planters and harvesters.

Inflation and tariff barriers pushing up the prices could reduce the comparative costs of innovation when compared to imports and the use of cheap foreign labour to harvest produce grown using more traditional methods.

It's also a 'good' way of reducing public indebtedness.

Deflation on the other hand is only thought of as bad because it makes debts grow in relation to wages. The industrial revolution caused deflation but it wasn't a problem due to low private debt. All governments are currently dishing out money to prevent a debt-deflation doom loop.

 

[west didsblue]

Inflation isn't always a bad thing. It can smooth out the effects of an asset price bubbles, obviously not good for people with the most assets. It can also create the conditions that spur innovation. Higher wages push capitalists to invest in more efficient technologies. Seen it argued that the reason Scotland created the spinning jerry and mechanised the mill process was in response to high wages, where as French Capitalists didn't have the same incentive because wages were much lower.

If the cost of premium butter like lurpak goes up, it might be an opportunity to move the Nation's preferred choice of spread to healthier and more sustainable vegetable based alternatives.

Other food issues could also spark the UK to copy the Netherlands in creating a more efficient food production industry, making use of modern industrialised greenhouses and over the long run greater automation, with robot planters and harvesters.

Inflation and tariff barriers pushing up the prices could reduce the comparative costs of innovation when compared to imports and the use of cheap foreign labour to harvest produce grown using more traditional methods.

Spinning Jerry? Is that a wartime German washing machine?

The Spinning Jenny was invented in Lancashire by the way, not Scotland.

 

[Ifwecouldjust.......]

With all due respect, the last thing I need is an economics lesson from you.

The arrogance is breathtaking .... you Brexiteers simply dont care do you ? True Conservatives.

 

[jaseirai]

The arrogance is breathtaking .... you Brexiteers simply dont care do you ? True Conservatives.

I've voted for them once in 30 years.

 

[west didsblue]

I've voted for them once in 30 years.

Boris?

 

[bluethrunthru]

Spinning Jerry? Is that a wartime German washing machine?

The Spinning Jenny was invented in Lancashire by the way, not Scotland.

Oswaldtwistle by James Hargreaves. Basic social and economic history. And mills started in the Peak District and Lancashire.

 

[jaseirai]

Boris?

Unfortunately, yes.