Implications for Ex-Pats if GB leaves the EU.
Oct 27th 2015, 1:32 am
#32
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Re: Implications for Ex-Pats if GB leaves the EU.
Pensions are determined by intergovernmental agreements and by our membership of the EEA, none of which has anything to do with the EU
Oct 27th 2015, 1:39 am
#33
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Re: Implications for Ex-Pats if GB leaves the EU.
Since the launch of the Euro, the Euro area has grown some 15 percent, the UK about 25 (depends on the revision of those dodgy numbers two years ago) and the US by about 32 percent.
Junker said the other day that the EU is about 15 percent of world GDP. What he diod not say was that the 28 countries used to be over 30 percent. Just ten years ago they were 22 percent and 10 percent larger than the US. Now the EU is about 10 percent smaller (On Junkers numbers 20 percent smaller than the US).
On present trends, were the UK to leave , the EU would be below 10 percent of world GDP within a maximum of 10 years.
Personally I think the EU is dying. It doesn't much matter whether the UK stays or not. But who wants to stay shackled to a corpse?
Systemic unemployment and mass migration on top of a failing economy. Man the lifeboats!
Junker said the other day that the EU is about 15 percent of world GDP. What he diod not say was that the 28 countries used to be over 30 percent. Just ten years ago they were 22 percent and 10 percent larger than the US. Now the EU is about 10 percent smaller (On Junkers numbers 20 percent smaller than the US).
On present trends, were the UK to leave , the EU would be below 10 percent of world GDP within a maximum of 10 years.
Personally I think the EU is dying. It doesn't much matter whether the UK stays or not. But who wants to stay shackled to a corpse?
Systemic unemployment and mass migration on top of a failing economy. Man the lifeboats!
Oct 27th 2015, 1:39 am
#34
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Oct 27th 2015, 2:09 am
#36
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Oct 27th 2015, 2:25 am
#37
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Re: Implications for Ex-Pats if GB leaves the EU.
Since somebody mentioned GDP, could some kind soul please explain to me, in words of one, where the UK's money comes from? It seems to me that most of its GDP is consumer spending, and government spending, and the service industries which are a combination of government and consumer and business spending. So yes I can see that it's a big buzzing money-go-round but how does it get new money in?
I can sort of see it in France because I see endless fields full of crops that will be turned into money, and livestock that will be turned into money, and companies like EDF and TOTAL that operate internationally and fetch new money in. But I can't see that in the UK. Most of it is covered in people and what they are for is spending money.
I can sort of see it in France because I see endless fields full of crops that will be turned into money, and livestock that will be turned into money, and companies like EDF and TOTAL that operate internationally and fetch new money in. But I can't see that in the UK. Most of it is covered in people and what they are for is spending money.
Oct 27th 2015, 2:50 am
#38
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Re: Implications for Ex-Pats if GB leaves the EU.
Since somebody mentioned GDP, could some kind soul please explain to me, in words of one, where the UK's money comes from? It seems to me that most of its GDP is consumer spending, and government spending, and the service industries which are a combination of government and consumer and business spending. So yes I can see that it's a big buzzing money-go-round but how does it get new money in?
I can sort of see it in France because I see endless fields full of crops that will be turned into money, and livestock that will be turned into money, and companies like EDF and TOTAL that operate internationally and fetch new money in. But I can't see that in the UK. Most of it is covered in people and what they are for is spending money.
I can sort of see it in France because I see endless fields full of crops that will be turned into money, and livestock that will be turned into money, and companies like EDF and TOTAL that operate internationally and fetch new money in. But I can't see that in the UK. Most of it is covered in people and what they are for is spending money.
The manufacturing in the UK is higher than you may think.
The Nissan factory on Tyneside produces more output than the entire automotive industry of Italy.
The UK GDP is similar to that of France.
Sarko stated that the UK had no manufacturing industry and this is a commonly held view. However, we have Nissan; Toyota; Honda; Mini; Jaguar; Rolls Royce; JCB.
We also (just about) have an oil industry and a whisky industry.
The UK GDP has less manufacturing than France but a far larger finance sector.
Oct 27th 2015, 3:05 am
#39
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Re: Implications for Ex-Pats if GB leaves the EU.
ahah - so Japan, Japan, Japan, Germany, Germany, Germany, and I don't know where JCB hails from so there might be a Brit in there.
However you have answered my question by reminding me of Whisky. That'll do for me, a double please
And that's exactly why I mistrust it. If bankers are what puts the G into GB... 
However you have answered my question by reminding me of Whisky. That'll do for me, a double please
Oct 27th 2015, 3:40 am
#40
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Re: Implications for Ex-Pats if GB leaves the EU.
Finance is not just banking, Finance is about 120 billion GVA and contributes about 22 billion in taxes
Finance is also Insurance, M and A, Foreign Exchange, Merchanting, Counter trade, Factoring.
Being a mature economy about 80 percent of GDP is services. Education, Video games, Software, Apps.
I think manufacturing is still double figues , but i believ it is about 12 percent of GDP. Interestiongly, whenever I have looked, the decline in Manufacturing asa share of GDP in France and the UK is broadly the same
Résultats Google Recherche d'images correspondant à https://fullfact.org/sites/fullfact.org/files/manufacturing_0.png
Manufacturing - value added (% of GDP) in France
Finance is also Insurance, M and A, Foreign Exchange, Merchanting, Counter trade, Factoring.
Being a mature economy about 80 percent of GDP is services. Education, Video games, Software, Apps.
I think manufacturing is still double figues , but i believ it is about 12 percent of GDP. Interestiongly, whenever I have looked, the decline in Manufacturing asa share of GDP in France and the UK is broadly the same
Résultats Google Recherche d'images correspondant à https://fullfact.org/sites/fullfact.org/files/manufacturing_0.png
Manufacturing - value added (% of GDP) in France
Oct 27th 2015, 3:51 am
#41
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Re: Implications for Ex-Pats if GB leaves the EU.
When I said 'bankers', I didn't mean counter clerks. I trust them all about equally.
The trouble with making money from money is that it's only figures on a piece of paper (as was explained to me nearly half a century ago by my boss, when I was young and keen and employed in a finance office, heaven help us, and I was getting very worried because nothing added up - I didn't realise at that innocent age that it's not meant to).
Or have we forgotten 2008 already.
The trouble with making money from money is that it's only figures on a piece of paper (as was explained to me nearly half a century ago by my boss, when I was young and keen and employed in a finance office, heaven help us, and I was getting very worried because nothing added up - I didn't realise at that innocent age that it's not meant to).
Or have we forgotten 2008 already.
Oct 27th 2015, 4:54 am
#42
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Re: Implications for Ex-Pats if GB leaves the EU.
Oct 27th 2015, 6:42 am
#44
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Oct 27th 2015, 6:43 am
#45
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