Post referendum debrief – August 2nd

Leaving the EU will refocus British trade on higher growth regions

So says an article in Market Watch, which was published today.

It reports that Britain can pivot itself away from the low-growth EU toward more dynamic economies, such as the emerging giants of Asia. The UK exports more goods to Ireland, with a population of 4.6m, than to China.

Critics of the EU also argue the bloc has been particularly poor at negotiating trade deals. After six years of negotiation the EU has still not struck a trade deal with Canada.

Not everyone brought in to Project Fear an there are many people now who realise we are better off out!

No back-sliding on Brexit

The Daily Express reports today  how the Prime Minister has promised there will be no back sliding on Brexit.

Theresa May’s official spokeswoman said: “The Prime Minister is very clear that Brexit means Brexit. Parliament supported the decision to hold the referendum. Everyone should focus on getting behind that and making a success of Brexit.”

Exactly – let’s get on with it and trigger Article 50, fulfilling the wishes of the people.

Is it time for Dexit?

So after we leave the EU, could Denmark be next?  The EU referendum result has sparked calls for a Dexit, a Danish exit from the EU.

The Daily Express reports that Danish Peoples’ Party

DPP leader Kristian Thulesen Dahl, said the “EU has made its bed” by underestimating the growing Euroscepticism across Europe.

He said: “I also believe Danes should, of course, have a referendum on whether we want to follow Britain or stay in the EU.”

The whole EU dream is in tatters.

Recession? 

Recession? What recession? The Daily Telegraph reports that global economic growth is accelerating sharply after months in the doldrums, confounding predictions of a worldwide recession following Britain’s Brexit vote.

The monthly gauge of global activity assembled by Fulcrum Asset Management has picked up momentum dramatically over recent weeks, signalling robust world growth of four per cent growth over the second half of the year – even if there is a hiccup in the UK. This is up from 3.4 per cent in the last quarter and 2.4p per cent late last year.

 

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6 Responses to Post referendum debrief – August 2nd

  1. Alan Wheatley says:

    Re other countries holding a referendum on exit, what about Ireland?

    The more we demonstrate that leaving the EU is not a disaster and the future outside has lots and lots to offer, the more other countries will be inclined to give it a go. If Ireland leaves then we have a neat solution to a common land border with the EU!

  2. Surely many of the the problems and drawbacks of EU membership afflict each “member” nation similarly, usually resulting from often bone headed centralised bossiness, ignorant and uncaring of individual nations’ characteristic wishes and needs.
    Therefore, if several, then most, then all nations went for ‘exit, like UK, a much looser EU, concentrating on trade, might emerge, to the advantage of all, except the bossier Eurocrats, obviously too big for their boots, who should be sent back home to depend on national elections only.
    Such a set up is more like what the Brits thought we were voting on in 1975, but our “betters” thought they knew better! Not so.

  3. mike5262015 says:

    I think a light is seen at the end of the tunnel, by those of my acquaintance, who were voting to stay with the E.U. They started to be full of doom and gloom a few days after Brexit, but now they seem to be almost up-beat about it, and we seem to be pulling together at last. One main question they put to me, which I have no answer to, is why Maggie May is talking about next year for the Article 50 signing ? I have had to admit that there seems to be no point of gain to us for this delay. – Just sign the damned thing, make noises about tariff free trade, and expect a NO ! shrug your shoulders and walk away with a membership ending in six months. – Possible moves from E.U. members towards us may well follow ! ? !

  4. Frances Fox says:

    I knew in 1971 it would be wrong to join the EEC after Emanuel Shinwell was the only MP among some Conservatives, Labour, Liberal Democrats was the exception of them all to say “If we go into the EEC it would mean that we would not be able to go to our own Parliament for help”. On writing to Edward Heath for a Referendum his office replied “It was against our Constitution”. Later I learned the treaties that were signed and the recent news about the Teacher who has had to fight for his innocence would not have happened had Tony Blair not signed Britain to change Habeas Corpus to Juris Corpus meaning instead of “Innocent until proven Guilty” became “Guilty until proven Innocent” hence the Teacher and many others like him have suffered not only because they were innocent but their names being plastered all over the news yet those who have lied do not get their names mentioned or have never heard that they were imprisoned for their lies.

    In fact all the treaties signed by the Conservatives and Labour were all detrimental to our Country without the public knowing. Shame on them and Shame on those who want Britain to continue with these horrible treaties.

  5. Anyoldiron says:

    The people fought in two World WARS to prevent foreigners Governing us. (I remember that last WAR very well, for living near the much used Manchester Canal we were indeed bombed night after night). So another way was thought of to get the people to agree to being governed by foreigners-WE WOULD EAGERLY PAY THOSE FOREIGNERS TO GOVERN US-YES! And they fell for it, or perhaps those in government at that time, thought it was a good idea. Sorry! I will never understand or forgive those that agreed to the EEC/EC/EU.

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