Petition updateSave the UK by forgetting BREXIT and Rejoining the EUMy view compared to a BREXIT view published in Financial Times

Dr. Michael HopkinsLondon, ENG, United Kingdom

Jul 8, 2017
Thanks and also for replying to my points...good to read some sensible comments from Brexit side but I don’t actually agree with your many points as shown between [...] below.]
"most trade between countries is based upon distance". This is not true. Once goods are loaded into containers distance becomes almost immaterial. Software and most electronic services are immune to distance. [This paper compares various estimation techniques used to determine the impact of distance and borders on international trade. The results consistently confirm the significantly negative distance effect, see http://www.economics-ejournal.org/economics/discussionpapers/2015-69/file] [Yes services are not similarly bound but, as I know from trading with India on services much better to meet your partner] [Now UK has to renegotiate 700+ trade agreements with 27 countries – can you imagine the cost to the UK and its additional bureacracy..how many hospitals and nurses less will occur?]
A Cambridge University CBR research paper is pretty damning of the Treasury model in this regard . [academia does that]
"600 million" is not true. The EU27 has a population of 440m without the UK. [agree I was looking at total European population...and these may join one day]
"We also know that financial institutions in the City of London will move some, or maybe many," Do we? Without knowing what the Brexit deal will be this is pure speculation, not fact. What we do know is that EU negotiator wants 'special' deal over access to City post-Brexit | Politics | The Guardian Also that new opportunities will be opened for the City City lobby group comes out fighting for global Brexit in dramatic u-turn [As well as financial companies looking for new venues to site some or part or all of their business in Dublin, Frankfurt, Paris etc the Euro exchange is in danger as Bloomberg writes ‘Britain has no right to insist that the business stays in London, and should expect to pay a heavy price for Brexit.’ https://www.bloomberg.com/view/articles/2017-05-15/the-city-of-london-after-brexit-isn-t-just-about-jobs]
It is also not true that significant tax revenues are at risk. The UK trade deficit in financial services with the EU27 is just £22bn of which the actual profit amounts to just a handful of £billion. Presupposing profits and salaries are not all laundered off-shore in Cayman etc.. The banksters will have to work long and hard before they repair the damage they did to the UK in 2008. Remain failed to make its economic case because it was dishonest with the facts. Nicola Sturgeon warns 'overblown' Treasury Brexit report could backfire.[ Risky meddling with London’s financial centre even though it could do with a higher level of CSR - London pays almost a third of UK tax, report finds https://www.theguardian.com/money/2016/jul/07/london-top-taxpaying-city-uk-report]
The basic problem for Remain on the economy is that the EU is not a trade block. It is set up with the aim of ending the frequent wars -EUROPA. Trade will go on. Of course it will. [clearly at a much lower level with the UK than today]
"Tell me one concrete example of what UK will gain being outside the EU?".[I am sorry but I didn’t see, in your examples, one concrete example of impact on jobs, incomes, economic growth, income distribution]
Here are three. Corbynites on the far left voted Leave as a protest against EU globalism. Not the least because of the over 5,500 big business and other dubious organisations who spend billions for direct access to bribe Commission lawmakers. Unelected Commission staff create laws detrimental to people and to small business competitors. The Commission do not take their mandate from the European people [The EU certainly needs reform and without the UK will be more French and german than market friendly..but Macron is a breath of fresh air and Merkel is improving] [not concrete example, sorry]
The "uneducated" workers voted Leave because their housing, jobs and rates of pay are most negatively affected by open door immigration. Bank of England: Migrants negative impact on wages [then educate them!!...migrants generally have higher education, lower unemployment rates than indigenous populations and as UK population ages it really needs immigrants..agree some control required coupled with a bigger foreign aid budget to help those poor souls suffering the effects of war - 80% apparently..also check out the wonderful Merkel!]
For me it is about freedom, self determination and democracy.[me too and being led by the famous ‘democrat’ Farage or the liar Johnson has damaged UK’s reputation for fairness] [hate crimes in my town of birth, Bournemouth, increased 100% since Brexit...my poor country!]
About protecting the World's oldest constitution, built upon the blood and toil of generations from being subverted by the corrupt antidemocratic, totalitarian EU dictatorship. A foreign government where the UK representative swears an oath to "uphold the European interest" and not "take instruction from any national government". He is outvoted 27 to 1 by people for whom the national interests of the UK are secondary to their own national interests.[UK is still a sovereign nation with its own currency and Parliament..I don’t see how that will change and UK doesn’t have to accept ALL EU regulations]
Sorry not to agree but thanks for seriously trying but I see absolutely no Brexit advantage from your comments. But do keep trying. Meanwhile support democracy by signing my petition!
Discussion can be found here: https://www.ft.com/content/f352edac-5d8d-11e7-b553-e2df1b0c3220?hubRefSrc=email&utm_source=lfemail&utm_medium=email&utm_campaign=lfnotification#lf-content=201994699:710778142
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