Re: We will never leave (Benn's bill)
Originally Posted by
Donkeyman
->
I will exercise patience with you Solly as l quite like you!
So, here l go again?
1. We will not miss OUR trade with you at all, as it is allready
being funded by our trade elsewhere, as you said yourself??
2.You talk of profits on trade bwith eu? WE HAVE A DEFICIT
WITH EU! Do you understand? NO PROFIT!!!
3.Trade with eu may stop? But will slowly resume again once
we have left once reality takes hold in the eu and you start
giving uk some respect again! But it will never be on the same
terms as at present again
4.Plus! and very importantly! We get the benefits of OUR
fishing grounds back again!!
I hope you can at last understand Donkeynomics? It is
really so simple?
Regards Donkeyman!
I will exercise the same patience with you, but your donkeynomics may be simple, but is really at fault.
1. The trade deficit with the EU is balanced by a trade surplus with the USA. That still requires the 290 bn export to the EU and your 345 bn import.
To relinquish the trade deficit with the EU requires that you import less or export more, or a combination.
2. The amounts traded have different levels of profit. Let's make an imaginary calculation. The 345 bn of goods british retailers import, have been produced in the various EU countries at a total cost prize of say 310 bn. So as a whole EU countries make a profit of 35 bn.
The 290 bn goods the UK sold in the EU countries were oroduced at a cist price of 250 bn£. So the UK as a whole makes a profit of 40 bn.
So, even when the trade balance is negative for the UK is negative, you can be the ones making the bigger profit. Donjeylogics!
3. As farage said, trade will continue on wto terms. Depending on height of tarifs the balance shifts.
4. In theory yes, but as you sold
Sorry have to shut of. John Bercow is on dutch television. This I have to see
Okay, back.
4. As long as you keep buying the fish the brits consume from the EU, nothing seriously changes.