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-   -   Did the UK do the right thing in voting to leave the E.U. (https://britishexpats.com/forum/barbie-92/did-uk-do-right-thing-voting-leave-e-u-879631/)

OzTennis Jul 7th 2016 7:37 pm

Re: Did the UK do the right thing in voting to leave the E.U.
 

Originally Posted by astera (Post 11996806)
Saw one guy on tv who said that Europeans were fine, but that he voted 'leave' because he didn't want people coming in from elsewhere. Doh. That's why the UK chose not to be part of the Schengen agreement - so that everyone could be checked at our doorstep.

The entire 'leave' campaign was based on insinuations and lies, with the aim to mislead and instil the worst of feelings in people. Hordes of people swallowed the NHS bs hook, line and sinker. Who knows how many simply thought this would be a one-way street where we kick everyone out, nobody kicks us out of Spain or elsewhere (how could they, right?)... and trade goes on as usual with both the EU and US (based on current agreements).

And yet as soon as the results were announced, the 'leave' head honchos were all backtracking on absolutely everything from the NHS to immigration. Seems like some people got taken for a ride... though they'll still not admit they were actually duped. :)

Nigel Farage backtracks on Leave campaign's '£350m for the NHS' pledge hours after result | UK Politics | News | The Independent

commonwealth Jul 7th 2016 11:40 pm

Re: Did the UK do the right thing in voting to leave the E.U.
 
According to a friend, there was the Eurovision Brexit Prophecy of 1976.

"Bye bye, baby, bye bye."

And it won.


christmasoompa Jul 7th 2016 11:45 pm

Re: Did the UK do the right thing in voting to leave the E.U.
 
No it bloody didn't - I now know of 3 small businesses who have gone bust since then as European suppliers are now refusing to trade with them. Pah. :(

One friend has been running the family business successfully for a decade, and two weeks after Brexit has been forced in to receivership, it's been that quick. She and her husband (they both ran the company together) are now facing a very uncertain future, she's got a job stacking shelves at a supermarket but that's not going to pay the rent and their cars have already gone back as they were leased via the company. They have 3 children. Just awful.

Amazulu Jul 8th 2016 1:07 am

Re: Did the UK do the right thing in voting to leave the E.U.
 

Originally Posted by christmasoompa (Post 11997210)
No it bloody didn't - I now know of 3 small businesses who have gone bust since then as European suppliers are now refusing to trade with them. Pah. :(

One friend has been running the family business successfully for a decade, and two weeks after Brexit has been forced in to receivership, it's been that quick. She and her husband (they both ran the company together) are now facing a very uncertain future, she's got a job stacking shelves at a supermarket but that's not going to pay the rent and their cars have already gone back as they were leased via the company. They have 3 children. Just awful.

Mmmm. Sounds like their European suppliers are being assholes (nothing has really changed in the EU since the Brexit vote) but for a company to go under so quickly shows that they were not in good shape anyway. Companies don't fail in a few days if they are on a sound footing. If cashflow was that tight then failure was inevitable

Sad none the less

UK has made a mistake but now everyone there needs to work together to make a bright future outside the EU. They'll do it but there is still much pain to come

christmasoompa Jul 8th 2016 1:35 am

Re: Did the UK do the right thing in voting to leave the E.U.
 

Originally Posted by Amazulu (Post 11997289)
Companies don't fail in a few days if they are on a sound footing. If cashflow was that tight then failure was inevitable

3 companies that belong to friends have now folded since Brexit, the one I mentioned had nothing to do with cashflow but simply that they can't fulfil orders as their suppliers are being arseholes (yep, you're right on that!) and refusing to do business with them anymore. They can't trade if they haven't got anything to trade with!

Another was in debt, but the problem is that the value of those debts have risen by over £10k because of the exchange rate, and they can't keep up with them now.

Charismatic Jul 8th 2016 12:22 pm

Re: Did the UK do the right thing in voting to leave the E.U.
 
We probably won't know what the immediate effects on consumers and businesses are until after Christmas when GDP numbers get reported. I've often seen consumer confidence slump without a large impact on GDP so unfortunately we'll just have to wait.

At this point however I must be most critical of the leave campaigns leadership, after all the promises of a brighter future post-EU they have all resigned and hence opted not to be held accountable.

mikelincs Jul 8th 2016 5:48 pm

Re: Did the UK do the right thing in voting to leave the E.U.
 

Originally Posted by Charismatic (Post 11997862)
We probably won't know what the immediate effects on consumers and businesses are until after Christmas when GDP numbers get reported. I've often seen consumer confidence slump without a large impact on GDP so unfortunately we'll just have to wait.

At this point however I must be most critical of the leave campaigns leadership, after all the promises of a brighter future post-EU they have all resigned and hence opted not to be held accountable.

Rats and sinking ships comes to mind, however the real reason, I suspect, is that they never expected to win, so hadn't thought of what they would have to do if it happened, so they resign and let someone else do the dirty work

Amazulu Jul 8th 2016 6:09 pm

Re: Did the UK do the right thing in voting to leave the E.U.
 

Originally Posted by christmasoompa (Post 11997311)
3 companies that belong to friends have now folded since Brexit, the one I mentioned had nothing to do with cashflow but simply that they can't fulfil orders as their suppliers are being arseholes (yep, you're right on that!) and refusing to do business with them anymore. They can't trade if they haven't got anything to trade with!

Another was in debt, but the problem is that the value of those debts have risen by over £10k because of the exchange rate, and they can't keep up with them now.

Fair enough but again, companies that are financially viable do not fold in less than 2 weeks - if they do then they were not viable on the first place

Charismatic Jul 8th 2016 7:03 pm

Re: Did the UK do the right thing in voting to leave the E.U.
 

Originally Posted by mikelincs (Post 11997958)
Rats and sinking ships comes to mind, however the real reason, I suspect, is that they never expected to win, so hadn't thought of what they would have to do if it happened, so they resign and let someone else do the dirty work

Listening to Leadsom she promised to "banish the pessimists" but I think what she actually meant was she didn't want to to deal with criticism.

Even funnier is this attitude of "the winging liberal losers should stop criticizing brexit because we won", winning means you get a turn at the helm (if there was a brexit supporter in government capable of actually forming a government which is pretty unlikely at this point as most realise it's a poison chalice :thumbdown:). It doesn't absolve those who supported a brexit of the need to be held accountable for the promises made to the electorate.

OzTennis Jul 8th 2016 7:27 pm

Re: Did the UK do the right thing in voting to leave the E.U.
 

Originally Posted by Charismatic (Post 11997988)
Listening to Leadsom she promised to "banish the pessimists" but I think what she actually meant was she didn't want to to deal with criticism.

Even funnier is this attitude of "the winging liberal losers should stop criticizing brexit because we won", winning means you get a turn at the helm (if there was a brexit supporter in government capable of actually forming a government which is pretty unlikely at this point as most realise it's a poison chalice :thumbdown:). It doesn't absolve those who supported a brexit of the need to be held accountable for the promises made to the electorate.

All we got and are getting is rhetoric - we were Great Britain once, we'll be Great again; lets be optimistic not pessimistic (i.e. realistic) about the effects of Brexit', now we're free of the single market we'll be able to strike great trade deals elsewhere etc. Like Trump with his make America great again it's just sound bites. Leadsom has now stooped to a new low and is emphasising that she's a mother (unlike May) and so she has a stake in Britain's future (and May doesn't).

astera Jul 9th 2016 9:20 am

Re: Did the UK do the right thing in voting to leave the E.U.
 
Exactly, just hours after the results came out it all turned out to be pure fiction. Not sure why he was so eager to announce - especially straight off the bat - that his supporters were indeed mugs. It's almost like a self-implosion...

Add to that two other idiots, Gove and Boris, who wiped each other out of political contention soon afterwards, and you have to wonder whether a psychologist should have been involved long before the campaign/vote with the aforementioned... :zzz:

Charismatic Jul 9th 2016 3:34 pm

Re: Did the UK do the right thing in voting to leave the E.U.
 

Originally Posted by Swerv-o (Post 11996905)
Do you think jobs are likely to dry up then?

Yes, I'd put money on a rising unemployment rate and/or falling standard of living (i.e. CPI inflation outpacing wages.) However that should be obvious to anyone watching GBP, while lower GBP may drive exports in the long term (depending on tarrifs and market access) in the short term the trade deficit is widening again and domestic consumer spending appears to be contracting.

old.sparkles Jul 9th 2016 4:20 pm

Re: Did the UK do the right thing in voting to leave the E.U.
 
Not read all the thread so not sure if this has come up but seeing the recent discussions on employment, jobs etc one of the results of the falling pound is that things are now cheaper to manufacture in the UK and companies that were thinking of moving those jobs to other countries have had a quick re-think and left them where they are.

the troubadour Jul 9th 2016 4:55 pm

Re: Did the UK do the right thing in voting to leave the E.U.
 

Originally Posted by Charismatic (Post 11997988)
Listening to Leadsom she promised to "banish the pessimists" but I think what she actually meant was she didn't want to to deal with criticism.

Even funnier is this attitude of "the winging liberal losers should stop criticizing brexit because we won", winning means you get a turn at the helm (if there was a brexit supporter in government capable of actually forming a government which is pretty unlikely at this point as most realise it's a poison chalice :thumbdown:). It doesn't absolve those who supported a brexit of the need to be held accountable for the promises made to the electorate.

They should certainly be held to account. I hold grave fears if Leadsom gets within a whiff of power though.

the troubadour Jul 9th 2016 5:05 pm

Re: Did the UK do the right thing in voting to leave the E.U.
 

Originally Posted by old.sparkles (Post 11998553)
Not read all the thread so not sure if this has come up but seeing the recent discussions on employment, jobs etc one of the results of the falling pound is that things are now cheaper to manufacture in the UK and companies that were thinking of moving those jobs to other countries have had a quick re-think and left them where they are.

The uncertain nature of the UK after exit will more likely influence than a seesawing pound. It would have been far cheaper to relocate to an East European company if it was purely on cost. Stability and an ability to plan with confidence being IMO the most important consideration.


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