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Amazing that Bannon, Mercer and Russian Billionaires won so easily!
"UK factories suffer worst slump since 2012 amid Brexit crisis – business live
Rolling coverage of the latest economic and financial news, as British manufacturers suffer falling orders
Latest: UK manufacturing PMI weakest in seven years
Business confidence slumps as output falls again
Expert: There’s a creeping dread of no-deal Brexit
Pound falls through $1.21"
The good news is that Russians and Americans and other can go there and buy more with less. MAGA.
Status:
"“If a thing loves, it is infinite.”"
(set 4 days ago)
Location: Great Britain
27,185 posts, read 13,477,157 times
Reputation: 19513
Quote:
Originally Posted by craigiri
Amazing that Bannon, Mercer and Russian Billionaires won so easily!
"UK factories suffer worst slump since 2012 amid Brexit crisis – business live
Rolling coverage of the latest economic and financial news, as British manufacturers suffer falling orders
Latest: UK manufacturing PMI weakest in seven years
Business confidence slumps as output falls again
Expert: There’s a creeping dread of no-deal Brexit
Pound falls through $1.21"
The good news is that Russians and Americans and other can go there and buy more with less. MAGA.
Is it Brexit or is it just the global economy slowing.
Germany posted it's worst manufacturing figures in nine years last month
In terms of manufacturing jobs, the Germans have stated themselves that as the UK is one of their biggest markets for manufactured goods that they will lose 100,000 Manufacturing jobs in a possible no deal scenario. These workers and their families couldn't care about the Irish border, and may be driven to vote for Anti-EU parties in Germany such as the AfD, indeed the right is doing very well across Europe as the EU anger more and more citizens in more and more countries.
Italy and France also saw poor manufacturing figures, whilst much of Southern Europe is still trying to recover from the Euro crisis and has experienced record levels of unemployment over the last decade.
This could all be avoided if the EU will drop the backstop and let Britain find alternatives such as the use of simplified pre-entry online forms which allow you to pay duty later, coupled with trusted trader schemes and other techology that is going to be used in mainland Britain. The backstop is never going to get through the UK Parliament, and has been voted out three times and has now been dropped by the UK Government. So the ons must be on finding a credible alternative.
My wife and I visited England shortly after the election in 2016 and we spoke with many people about politics once they realized I was from the states. The consensus from the working class people we spoke with was that they liked Trump for his stance on illegal and unfettered immigration. The problem in England which lead to Brexit was that thousands of immigrants from Eastern Europe, Turkey and other muslim based countries were moving to England and changing the country.
We spoke to one woman that was planning on retiring until she received a letter from the Gov. saying that she had to continue working another 2 years while the Gov. built new housing for the influx of immigrants.
How terrible is that? You work for 40 years earning every penny and being smart with it to own a flat somewhere and people from a foreign country with different customs and language walk in and get free everything.
It sort of sounds familiar doesn't it?
Recently we spoke with someone from Manchester England and she was concerned about her sister living there because she was the only white face in the neighborhood. That might read racist but imagine an entire section of a city changing its demographics in a few short decades.
Brexit is about getting out of the EU and it is about concerned people that want to protect the character of their country from forever changing into something they don't recognize anymore.
It is very similar here and the Dems have all sorts of terrible names to call the people that believe this.
Status:
"“If a thing loves, it is infinite.”"
(set 4 days ago)
Location: Great Britain
27,185 posts, read 13,477,157 times
Reputation: 19513
Quote:
Originally Posted by Cape Cod Todd
My wife and I visited England shortly after the election in 2016 and we spoke with many people about politics once they realized I was from the states. The consensus from the working class people we spoke with was that they liked Trump for his stance on illegal and unfettered immigration. The problem in England which lead to Brexit was that thousands of immigrants from Eastern Europe, Turkey and other muslim based countries were moving to England and changing the country.
We spoke to one woman that was planning on retiring until she received a letter from the Gov. saying that she had to continue working another 2 years while the Gov. built new housing for the influx of immigrants.
How terrible is that? You work for 40 years earning every penny and being smart with it to own a flat somewhere and people from a foreign country with different customs and language walk in and get free everything.
It sort of sounds familiar doesn't it?
Recently we spoke with someone from Manchester England and she was concerned about her sister living there because she was the only white face in the neighborhood. That might read racist but imagine an entire section of a city changing its demographics in a few short decades.
Brexit is about getting out of the EU and it is about concerned people that want to protect the character of their country from forever changing into something they don't recognize anymore.
It is very similar here and the Dems have all sorts of terrible names to call the people that believe this.
TBH, most of the migrants during the EU Migrant crisis went to Germany and other countries and not the UK, and the biggest influx over the last decade has been white East Europeans including Poles.
I don't think Brexit was just an immgration issue, although tighter border controls would be welcome, however Britain never had open borders or participated in Schenghen.
I haven't noticed any big change in the demographic, although no one wants migrants coming to their country and claiming benefits, which is why Cameron went to the EU in the first place before Brexit and tried to get some changed before the 2016 vote. The EU of course tried to be clever and gave very little to Cameron, so he had little to convinve the British people with in terms of staying in the EU.
Status:
"“If a thing loves, it is infinite.”"
(set 4 days ago)
Location: Great Britain
27,185 posts, read 13,477,157 times
Reputation: 19513
US Manufacturing has also been hit, and a global recession may be on the cards, whilst Trump's trade wars are doing little to improve global markets. China and other major manufacturing nations have also seen big downturns. So this is a global downturn, although Brexit and Trade Wars have not helped the situation.
The combination of Brexit, the trade wars & probably just a natural occurring world recession isn't good. It will create some instability I'm sure.
AND....
Even if a deal with China is reached - - remember there .A deal is something that both countries can live with and while there may be some concessions made by China to the USA. None of the trade deals agreed to date (remember none of them have been formalized -- just agreements signed).....have been windfalls for the USA.
None of them -- the agreed upon deals, mean a big shift for the USA's economy. Not likely the China/USA deal would be either. That's realistic. That's the grown up approach.
YES -- USA has to address problems with Chinese trade policies, but there will not be some big recokinging where all of a sudden USA economy is booming.
It doesn't work that way with trade deals.
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Brexit Destroying UK Economy!
