Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Brexit will have soon cost the UK more than all its payments to the EU over the past 47 years put together
Business Insider ^ | 14 Jan 2020 | Thomas Colson

Posted on 01/15/2020 4:20:15 AM PST by Cronos

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-60 last
To: central_va
Why is divorce so expensive? Because it’s worth it.”

Wisdom for the ages.

“When in the course of human events....”

I understand this and am still happily married after 36 years to my only wife.

41 posted on 01/15/2020 7:05:09 AM PST by Natty Bumppo@frontier.net (We are the dangerous ones, who stand between all we love and a more dangerous world.)
[ Post Reply | Private Reply | To 24 | View Replies]

To: Cronos

Trade barriers always impose an economic cost on those who were formerly trading, but the Brits can still prosper by ending eco-tyranny and going full bore with supply-side economics.


42 posted on 01/15/2020 7:13:11 AM PST by Socon-Econ (adical Islam,)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Cronos
business uncertainty had caused the UK's economic growth to lag

It is always thus.

43 posted on 01/15/2020 7:16:09 AM PST by Jeff Chandler (BLACK LIVES MAGA)
[ Post Reply | Private Reply | To 1 | View Replies]

Interesting


44 posted on 01/15/2020 7:31:58 AM PST by Cronos (Re-elect President Trump 2020!)
[ Post Reply | Private Reply | To 35 | View Replies]

To: central_va

The European Union was formed in 1951 as the European Steel and Coal Community. It became the European Community in 1967.

A French veto under de Gaulle blocked British membership but when he left in 1969, a British application to join succeeded in 1972.

On January 1, 1973, the UK became a member.


45 posted on 01/15/2020 7:37:08 AM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
[ Post Reply | Private Reply | To 22 | View Replies]

To: ConservativeMind

This reply got LONG and no need to read it but THANK YOU because listing all the DRASTIC changes over a decade made me realize how lucky I am.

I actually copied this post and put it somewhere i can read it when i get down and ungrateful.

I’m REALLY lucky that it didn’t really affect cognitive issues. I forget words here and there. That’s it

It’s the Sensory that took a hit. The insomnia and night terrors and tremors and headaches and neck pain.

And even ALL that combined doesn’t ruin my day. Stiffness in neck really is all that’s regular.

For some Crazy reason, I wake up with my head acting like I have Parkinson’s and then it’s gone in 10 to 30 seconds.

It has gotten no wore in 10 years so no worries. Just uncomfortable but only lasts for half a minute.

God is GOOD to me.

Docs said recovery only can happen in first two years.

I got WORSE the first two years and another Three were the healing years. Some healing happen at SIX years later.

Miraculous healing.

I went from typing 100 wpm to 15 back to 100.

I had to urinate regularly because i couldn’t feel the urge to go. But I could use the bathroom, thank God.

Insomnia for up to 64 hours regularly is now maybe once a year.

headaches that made me cry like a baby the first two years all but GONE. Sometimes a minute after I wake up.

Other “personal” parts of my life were affected but they Completely went away after about 7 years. :)

Good God.

What a Miraculous recovery!

I should be more thankful.

Thank you for reminding me


46 posted on 01/15/2020 8:56:21 AM PST by dp0622 (Radicals, racists Don't point fingers at me I'm a small town white boy Just tryin' to make ends meet)
[ Post Reply | Private Reply | To 26 | View Replies]

To: Cronos

Did they figure in the cost of UK housing and feeding all the indolent “immigrants” and “refugees”, including the cost of the rapes, assaults and murders?


47 posted on 01/15/2020 9:55:00 AM PST by Albion Wilde (It is fatal to enter any war without the will to win it. --Douglas MacArthur)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Albion Wilde

In what way are those lamentables connected with British EU membership?


48 posted on 01/16/2020 1:03:35 AM PST by Winniesboy
[ Post Reply | Private Reply | To 47 | View Replies]

To: Winniesboy
In what way are those lamentables connected with British EU membership?

The EU made over 65% of laws pertaining to UK, including the immigration laws that forced all EU countries to accept borderless immigration from all EU member countries. Turkey is a member; therefore, huge waves from other parts of the middle east and africa went first to Turkey, then headed for all the best European welfare locations, chiefly Germany, France and mostly London.

49 posted on 01/16/2020 10:30:02 AM PST by Albion Wilde (It is fatal to enter any war without the will to win it. --Douglas MacArthur)
[ Post Reply | Private Reply | To 48 | View Replies]

To: Albion Wilde
Sorry, but no. This is a widespread fallacy. The only form of immigration to the UK over which the EU has had any control was that of existing EU citizens, exerting their treaty right to live and work anywhere in the EU.

The only attempt to 'force' EU countries to accept non-EU citizen immigrants was the Merkel-inspired scheme to disperse Syrian refugees throughout the EU pro rata by population. The UK refused (under the then PM Cameron). Since the UK has never been part of the Schengen passport-free, open-borders zone, which only includes certain EU countries, there was no way it could be enforced without UK consent. (Hence the notorious 'jungle' camps at Calais etc - migrants who had made it across the Schengen area but couldn't pass the UK border.)

Otherwise, immigration to the EU from the third world and all other non-EU countries, whether or not those immigrants arrive via the EU, has been entirely the responsibility of successive UK governments. The UK government, and only the UK government, has controlled UK borders throughout the 37 years of EEC/EC/EU membership.

50 posted on 01/16/2020 1:39:26 PM PST by Winniesboy
[ Post Reply | Private Reply | To 49 | View Replies]

To: Winniesboy

Thanks for the explanation.

What do you think of the overall thesis, that Brexit is going to cost more than the past many years of EU membership, according to Bloomberg?


51 posted on 01/17/2020 9:28:57 AM PST by Albion Wilde (It is fatal to enter any war without the will to win it. --Douglas MacArthur)
[ Post Reply | Private Reply | To 50 | View Replies]

To: Albion Wilde; Cronos
Impossible to know - there's no remotely comparable precedent for Brexit, so predicting its results, whether negative or positive, is a mug's game, and I'm no good at predictions anyway.

Incidentally, the other point you made in passing - about the proportion of UK law deriving from the EU, is also, I'm afraid, a gross distortion. For a start, it's based only on the enumeration of new law introduced over the period of British membership, not the corpus of statute and common law accumulated over the centuries; and it counts every detailed technical regulation as a 'law' equivalent to an Act of Parliament. The EU laws/regulations are in any case confined to a few specific industries (mostly agriculture and fisheries). This is a good fact-checking summary of the allegation:

UK Law: What Proportion influenced by EU?"

It's salutary sometimes to think of the areas of British life unaffected by EU law. In no particular order, education, health and social security, policing, defence, the legal system, the criminal law, the construction industry, transport infrastructure, taxation other than VAT, power and water supply, the structure of local and national government and electoral system, the arts, sport, the currency - that's just a start off the top of my head, there are many more. In all these sectors there's a lot of cooperation and liaison with the equivalents in other EU member states, but not because of a common subjection to EU law. Agriculture and fisheries are the big exceptions: Ted Heath signed up to these when they were already in place, on joining the EC in 1973.

Even where there is EU law, it's always there because a British government at the time of its introduction has assented to it and declined to veto or require a derogation. More than that, in many cases the UK has been active in the development of a EU law or has even originated something which the EU has subsequently taken up (animal health regulations are an example of an area where the UK has taken the lead). The widespread belief that the UK is somehow the passive victim of something over which it has no control or influence is a myth. (Here's a nice observation on that point from a relatively neutral observer - an Irish diplomat who represented his country at the EU for many years, and saw at close quarters how the UK operates in EU decision-making:

I saw how great Britain's influence was )

52 posted on 01/18/2020 1:47:26 AM PST by Winniesboy
[ Post Reply | Private Reply | To 51 | View Replies]

To: Winniesboy
Thank you for your very thoughtful and moderate replies. I recall having seen a long video perhaps 3 years ago by a group of London businessmen who were greatly optimistic about Brexit; and my mistaken impression of "65% of UK laws" having come from EU arose from that. I concede that without viewing it again (I searched for it before replying to you but of course it's been overlaid in search engines by thousands of other Brexit vids), I can't say for sure whether they presented that statistic flatly or with qualifiers.

As this linked article discusses, I am apparently not alone in conflating news stories about immigrants sleeping in London's public parks and trashing its old working-class neighborhoods with the crisis of illegal or refugee immigration, the camps at Calais pushing to get in, backups at the Chunnel and illegals highjacking rides on incoming lorries. Part of the earlier-referenced video dealt with the pressures on public services and the cultural impacts of immigration due to the EU free movement policy, and I recall reading Brexit advocates looking forward to greater controls on immigration; however, many articles on search engines today speculate that illegal immigration to UK will worsen after Brexit.

Among the most alarming aspects to me as an older American (still remembering when our enterprise was a lot more free than recent decades pre-Trump) were the agri and fisheries indentures, for want of a better word, as well as the picayune environmental rules for consumer products. Of course, we have been having these enviro fights with our own overreaching federal, state and local governments.

I'm in no position to forecast how it will all turn out, although I have actually done forecasting in limited sectors of the American market for certain clients. But the cost statistic cited in the opening post just did not strike me as accurate. We truly are living in a time of fake news on both sides of every issue, and on both sides of the Atlantic, as well. One of the often-cited blunders of the anti-Trump forces in the past election is that the vast majority of the predictive polls were wrong, many by a wide margin. Recently, I've seen articles mocking the doomsday claims made about how badly he would perform as President, when now that the facts are in, he has in many of those areas proved his critics either wrong, or dead wrong.

I imagine the same hyperbole in either direction -- benefit or peril -- applies to speculation about the near- and long-term effects of Brexit. My hope is that, whatever the risks, the Brits will rise to the challenges. For starters you've rid yourselves of the opinions of at least one hypocritically "woke" American media darling from your midst over the past few weeks — congratulations!

And I sincerely wish you the very best of times to come.

53 posted on 01/18/2020 7:59:30 AM PST by Albion Wilde (It is fatal to enter any war without the will to win it. --Douglas MacArthur)
[ Post Reply | Private Reply | To 52 | View Replies]

To: Albion Wilde

Gladly reciprocated by another who has lived long enough to know that just when you think you’ve seen every conceivable variety of nonsense in the way your country is run, there’s another just round the corner. I’m an incorrigible optimist, but that’s feeling harder to sustain now than at any time I can remember.


54 posted on 01/19/2020 10:44:32 AM PST by Winniesboy
[ Post Reply | Private Reply | To 53 | View Replies]

To: Winniesboy
I’m an incorrigible optimist, but that’s feeling harder to sustain now than at any time I can remember.

I hear you and I sympathize. We feel the same way over here -- personally, I think Trump's policies are helping; but the overall collapse may only be postponed, because the collapse of morality is proceeding apace. Same over there, from what I read.

Bless you, and keep praying.

55 posted on 01/19/2020 10:49:47 AM PST by Albion Wilde (It is fatal to enter any war without the will to win it. --Douglas MacArthur)
[ Post Reply | Private Reply | To 54 | View Replies]

To: Cronos

Garbage...... Freedom has a trivial price compared to European oppression

By fabricating the price of projected events, the biased author blinds himself to favorable change.

UK will be. European Union won’t be.

I watch a lot of Brit TV. Many apparently have moved to Portugal. I wonder hoe they will fare


56 posted on 01/19/2020 10:57:34 AM PST by bert ( (KE. NP. N.C. +12) Progressives are existential American enemies)
[ Post Reply | Private Reply | To 1 | View Replies]

To: LouAvul

the problems are:
1. The Muslims they have were brought in by the English themselves in the 1970s to 1990s.

2. they’re citizens now.

3. the problems have generally been with the 2nd generation or 3rd - those born there but not integrated


57 posted on 01/20/2020 12:28:06 AM PST by Cronos (Re-elect President Trump 2020!)
[ Post Reply | Private Reply | To 36 | View Replies]

To: TheNext

1. the article isn’t about the retirement money (for Nigel Farage) + project funds for 2020. It’s about the loss in economic viability due to the aftermath of 2016

2. Where did you get the $50 billion number?


58 posted on 01/20/2020 12:33:06 AM PST by Cronos (Re-elect President Trump 2020!)
[ Post Reply | Private Reply | To 39 | View Replies]

To: FLT-bird

“the coming catastrophe when the EU inevitably collapses.”

It’s been 3 years. When do you see this “inevitable” thing happening?

“Inevitably” every human enterprise collapses some time or the other. The question is the timeline you are looking at


59 posted on 06/05/2023 5:13:22 AM PDT by Cronos
[ Post Reply | Private Reply | To 35 | View Replies]

To: Cronos

Look at how Europe is doing economically. Its really bad.

The Germans aren’t going to be able to bankroll the EU much longer. Their economy is headed into deep recession due to their idiotic Gaia Worship and even more idiotic reliance on Russia until a year ago despite decades of warnings about how they needed to diversify their energy sources.


60 posted on 06/05/2023 6:36:53 AM PDT by FLT-bird
[ Post Reply | Private Reply | To 59 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-60 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson