Showing posts with label EURO ZONE. Show all posts
Showing posts with label EURO ZONE. Show all posts

Monday, 4 March 2019

Could there be riots if brexit is delayed?


Could there be disappointment amongst the electorate if we are to delay Brexit. I don't know, but I am sure given the emotion on this issue, the level of confidence we have in our representatives, the self sabotage the MPs have done to themselves it is highly likely.


  1. The MPs have openly gone against the “Will of the people”. This is not their job they are there to represent the people.  It is their job, it is what they are paid to do. 
  2. The manifestos garnered 80% of all the votes, the manifestos made clear the referendum would be honoured, brexit means brexit. 
  3. Compound the issue we the electorate have been told repeatedly that we are stupid, that we got it wrong, that we must vote again.


This really does not inspire confidence for future votes. Anna Sourby can attest to, her members were set on her deselection, the only way to hang in was to go as an independent. For sure, we have heard the last of her.

For the longest time we have been told the referendum has been won on a lie.  I can't for the life of me see where the lie was. Sure the bus, much has been made of this but the NHS have had an increase of some significance. The immigration queues, perhaps this has upset many liberal do-gooders, but the facts are there. By opening up to the Eastern states formerly under Soviet control there was a miscalculation. There was an overwhelming increase from those seeking better prospects and were prepared to come in at a lower pay, reducing salaries, taking jobs and generally swamping our services. This was a benefit to the big corporation not to the average man or women on the street whose overheads are from the UK.

As to the labels that are placed upon us I have to refer back to a speech Mrs Thatcher made, “It's always good when they call you names it means they no longer have a single political argument in which to support their reasoning”.
On that note, I can not for the life of me refer to a single argument for staying in the EU. There is so much out there that shows compelling reasons to leave.



  1. Our exports to the EU have shrunk at a time when WTO countries exports to the EU have risen.
  2. The EU, euro zone since 2008 has managed only a 2% + growth over that period.  The UK has achieved 8%.
  3. Unemployment across the EU is significant it's 7.9% average if you consider the under 25s it is dire.  French unemployment sits at 9.1%, the UK is around 4%.
Investment into the UK since the referendum has so far been so good that we came in ahead of the USA, we were beaten only by China.  Indeed, the investment picture makes leaving even more compelling, as many EU countries and industries are piling money into the UK. There is a strong expectation that leaving will be good for the UK.
  1. Our exports to the EU represent just 10% of our GDP, some figures show this as 12% but in reality 2% passes through Rotterdam and Antwerp. 
  2. Of course if we avoid the withdrawal agreement as tabled then we regain control of our borders and our laws. Be mindful of article 4 of the withdrawal agreement there is a trap inside this article which will keep us under the ECJ.
  3. Regulation has grown enormously and this regulation has to be applied unilaterally across all our manufactured products regardless of the destination. This is a significant unnecessary burden to businesses. After all why is it necessary to warn people that Salmon may contain fish. 
  4. Tariffs coming into the UK from farms and producers outside of the EU are absurd. Some dairy products carry a 50% tariff. Confectionery 30%, Frozen prawns 20% which is a recent increase from 14%. Since the referendum there have been 266 new tariffs applied to product and produce coming into the EU. 



When you climb inside this, there appears no rational argument or reasoning for many of these tariffs other than to generate revenue for the EU coffers.

Therefore, we have to ask ourselves what is the argument to stay inside this monstrous authoritarian block. Why do Blair, Clegg, Adonis, Clarke, Major et all. Insist we are at risk if we leave, there are still today no arguments to support remain only vested interests and name-calling.

Mikael Gorbachev once said “The EU is the old Soviet Union in Western clothes”.


Could there be disappointment amongst the electorate if we are to delay Brexit. I don't know, but I am sure given the emotion on this issue, the level of confidence we have in our representatives, the self sabotage the MPs have done to themselves it is highly likely.


  1. The MPs have openly gone against the “Will of the people”. This is not their job they are there to represent the people.  It is their job, it is what they are paid to do. 
  2. The manifestos garnered 80% of all the votes, the manifestos made clear the referendum would be honoured, brexit means brexit. 
  3. Compound the issue we the electorate have been told repeatedly that we are stupid, that we got it wrong, that we must vote again.


This really does not inspire confidence for future votes. Anna Sourby can attest to, her members were set on her deselection, the only way to hang in was to go as an independent. For sure, we have heard the last of her.

For the longest time we have been told the referendum has been won on a lie.  I can't for the life of me see where the lie was. Sure the bus, much has been made of this but the NHS have had an increase of some significance. The immigration queues, perhaps this has upset many liberal do-gooders, but the facts are there. By opening up to the Eastern states formerly under Soviet control there was a miscalculation. There was an overwhelming increase from those seeking better prospects and were prepared to come in at a lower pay, reducing salaries, taking jobs and generally swamping our services. This was a benefit to the big corporation not to the average man or women on the street whose overheads are from the UK.

As to the labels that are placed upon us I have to refer back to a speech Mrs Thatcher made, “It's always good when they call you names it means they no longer have a single political argument in which to support their reasoning”.
On that note, I can not for the life of me refer to a single argument for staying in the EU. There is so much out there that shows compelling reasons to leave.



  1. Our exports to the EU have shrunk at a time when WTO countries exports to the EU have risen.
  2. The EU, euro zone since 2008 has managed only a 2% + growth over that period.  The UK has achieved 8%.
  3. Unemployment across the EU is significant it's 7.9% average if you consider the under 25s it is dire.  French unemployment sits at 9.1%, the UK is around 4%.
Investment into the UK since the referendum has so far been so good that we came in ahead of the USA, we were beaten only by China.  Indeed, the investment picture makes leaving even more compelling, as many EU countries and industries are piling money into the UK. There is a strong expectation that leaving will be good for the UK.
  1. Our exports to the EU represent just 10% of our GDP, some figures show this as 12% but in reality 2% passes through Rotterdam and Antwerp. 
  2. Of course if we avoid the withdrawal agreement as tabled then we regain control of our borders and our laws. Be mindful of article 4 of the withdrawal agreement there is a trap inside this article which will keep us under the ECJ.
  3. Regulation has grown enormously and this regulation has to be applied unilaterally across all our manufactured products regardless of the destination. This is a significant unnecessary burden to businesses. After all why is it necessary to warn people that Salmon may contain fish. 
  4. Tariffs coming into the UK from farms and producers outside of the EU are absurd. Some dairy products carry a 50% tariff. Confectionery 30%, Frozen prawns 20% which is a recent increase from 14%. Since the referendum there have been 266 new tariffs applied to product and produce coming into the EU. 



When you climb inside this, there appears no rational argument or reasoning for many of these tariffs other than to generate revenue for the EU coffers.

Therefore, we have to ask ourselves what is the argument to stay inside this monstrous authoritarian block. Why do Blair, Clegg, Adonis, Clarke, Major et all. Insist we are at risk if we leave, there are still today no arguments to support remain only vested interests and name-calling.

Mikael Gorbachev once said “The EU is the old Soviet Union in Western clothes”.

Sunday, 24 February 2019

Brexit - Feb 25th Delay really Why? Blair's A Brexiteer


Several headlines captured me this morning. That's my morning as l’m slightly North of Australia.  The one that concerns me the most is of course the possibility of delaying Brexit. Another which is of significance was an article I read on Linkedin. The article referred to the businesses that are struggling due to uncertainty.  They just need that we get on with it and leave, if it's no deal they can plan accordingly.  As I've pointed out in previous papers that I've written, 90% of our manufactured goods go outside of the EU (88% directly out with a further 2% entering the EU and then leaving via Rotterdam), yet we have to apply EU regulation across the board.

The terms that we will trade on need to be clarified and planned accordingly.  The MPs that are frustrating this process are no friend of the British people and should be removed. We are now at a point where a further delay is unacceptable.  With an oncoming recession this could do irretrievable harm to corporate UK.  The EU has been a sick segment of the world for far too long. Their collective growth since 2008 have been poor to say the least, they, the Euro zone have averaged a little over 2% in 9 years. The UK 8.8%, the USA 14.4%. If you show Germany they are at 7.6%, France 4.6%, Greece minus 27%.



Our exports to the EU have underperformed the exports from WTO countries. Businesses need clarity. Are we in are we out? To delay just drops a fog over the British Isles and the United Kingdom.  Soon the remainers will have their way and be able to prove Brexit will have damaged the economy. Yet it's not Brexit that will damage it, it is they! We are where the remainers want us to be! We should have no patience with this.

I also read an article in the Daily Telegraph written by Boris. He refers to the labels that are applied to us Brexiteers. Zealots, Xenophobic, Racist and so on.  That somehow unless you're right wing with fascists tendencies you would want to remain in the EU. Boris makes an excellent point that Tony Blair was a fervent Brexiteer (Although my gut tells me that was him telling us what we wanted to hear in order that he gets his way winning the highest office in the land.  It is also not beyond the realm of being possible that he is angling for Junker's job, but of course we have to remain.  History will go full circle!). But, nonetheless Boris refers to many other lefties that have expressed dis-satisfaction with the EU.



I for one can not be labelled in such terms.  My business is in Asia, it focuses on Indonesia in particular. I stand ready to support Corporate UK to establish a presence in the soon to be 5th largest economy. Who, incidentally trades with the EU on WTO. My wife is a legal and financial expert, and she is Asian. My partners are Asian some are mixed and from many religious beliefs. To label Brexiteers this way is to do the UK an injustice, it is also an insult to our seafaring ancestry.

The facts are clear, regulation is absurd. Tariffs are ridiculous 50% on some dairy products, 30% on others reducing to 18% in some cases.  This is a tax on the people of the UK. It is a tax that benefits Europe and not us Brits!

Leave, and do it on March the 29th at 11pm. Take no nonsense from these vested self interested politician's. A delay is appalling behaviour.



Several headlines captured me this morning. That's my morning as l’m slightly North of Australia.  The one that concerns me the most is of course the possibility of delaying Brexit. Another which is of significance was an article I read on Linkedin. The article referred to the businesses that are struggling due to uncertainty.  They just need that we get on with it and leave, if it's no deal they can plan accordingly.  As I've pointed out in previous papers that I've written, 90% of our manufactured goods go outside of the EU (88% directly out with a further 2% entering the EU and then leaving via Rotterdam), yet we have to apply EU regulation across the board.

The terms that we will trade on need to be clarified and planned accordingly.  The MPs that are frustrating this process are no friend of the British people and should be removed. We are now at a point where a further delay is unacceptable.  With an oncoming recession this could do irretrievable harm to corporate UK.  The EU has been a sick segment of the world for far too long. Their collective growth since 2008 have been poor to say the least, they, the Euro zone have averaged a little over 2% in 9 years. The UK 8.8%, the USA 14.4%. If you show Germany they are at 7.6%, France 4.6%, Greece minus 27%.



Our exports to the EU have underperformed the exports from WTO countries. Businesses need clarity. Are we in are we out? To delay just drops a fog over the British Isles and the United Kingdom.  Soon the remainers will have their way and be able to prove Brexit will have damaged the economy. Yet it's not Brexit that will damage it, it is they! We are where the remainers want us to be! We should have no patience with this.

I also read an article in the Daily Telegraph written by Boris. He refers to the labels that are applied to us Brexiteers. Zealots, Xenophobic, Racist and so on.  That somehow unless you're right wing with fascists tendencies you would want to remain in the EU. Boris makes an excellent point that Tony Blair was a fervent Brexiteer (Although my gut tells me that was him telling us what we wanted to hear in order that he gets his way winning the highest office in the land.  It is also not beyond the realm of being possible that he is angling for Junker's job, but of course we have to remain.  History will go full circle!). But, nonetheless Boris refers to many other lefties that have expressed dis-satisfaction with the EU.



I for one can not be labelled in such terms.  My business is in Asia, it focuses on Indonesia in particular. I stand ready to support Corporate UK to establish a presence in the soon to be 5th largest economy. Who, incidentally trades with the EU on WTO. My wife is a legal and financial expert, and she is Asian. My partners are Asian some are mixed and from many religious beliefs. To label Brexiteers this way is to do the UK an injustice, it is also an insult to our seafaring ancestry.

The facts are clear, regulation is absurd. Tariffs are ridiculous 50% on some dairy products, 30% on others reducing to 18% in some cases.  This is a tax on the people of the UK. It is a tax that benefits Europe and not us Brits!

Leave, and do it on March the 29th at 11pm. Take no nonsense from these vested self interested politician's. A delay is appalling behaviour.


Friday, 15 February 2019

The EU Single Market Issues

Brexit, EU


The EU single market

Patrick Minford's - Economist and advocate for free trade explains:

"The Single Market is simply the geographic area within which EU regulation creates ease of doing business and around which the EU creates a protective trade barrier as well as mandating free migration. Thus to be ‘in’ it requires that one submits to the regulation, the protection and the free migration".


To explain in more detail it is a single market that all can sell into provided each market follows the regulations as set out by the EU regulations. It is also a protectionist market that prevents products and produce from landing in Europe undercutting produce grown in the EU. Such as: Oranges from South Africa, Bananas etc. These can be shipped into the EU but are subject to tariffs. Hence, why Jacob Rees-Mogg refers to cheaper food, clothing and footwear. We can lift these protectionist tariffs.



I guess you have to ask was this Baroness Thatcher’s vision as she pushed the single market agenda. The simple answer is no! Baroness Thatcher was an advocate of few regulations and envisaged a market as such. Since the introduction of the single market regulation has gone through the roof.

To be outside we can reduce the burden on business. But! We have to adhere to EU regulation if we are to sell into the EU. This could mean two types of manufacturing process. So why are we leaving? It's simple much of our business is outside of the EU. But currently today we have to adhere to all this regulation, this is a substantial burden on business. Look to our growth with the EU it has been a lack lustre event at best, since 2008 we have dropped from 55% down to 44% of our exports. Meanwhile, WTO countries have increased 27%.

On a point of note, UK exports between 1973 to 1992 grew sharply under the Common Market. Since joining the single market our exports to the EU have declined sharply.

The myth in all of this is the way it's portrayed.  There is a reverence paid to the single market. It's as if, ifwe are not inside we will not be able to trade. Therefore, we should be at least partly in, partly out, or even as though we should have access for parts of the week and not other parts. This is a myth! Everyone has access to the single market, whether it be India, USA or Indonesia.  All trade perfectly well inside the EU.  And, as I've said before they in fact trade better under WTO.


The EU Euro zone GDP is poorly performing and has done so since 2008. Its underperformance is significantly below that of the USA, Canada and the UK. Today it would appear they will slip into recession.

We must leave, and leave cleanly!
Brexit, EU


The EU single market

Patrick Minford's - Economist and advocate for free trade explains:

"The Single Market is simply the geographic area within which EU regulation creates ease of doing business and around which the EU creates a protective trade barrier as well as mandating free migration. Thus to be ‘in’ it requires that one submits to the regulation, the protection and the free migration".


To explain in more detail it is a single market that all can sell into provided each market follows the regulations as set out by the EU regulations. It is also a protectionist market that prevents products and produce from landing in Europe undercutting produce grown in the EU. Such as: Oranges from South Africa, Bananas etc. These can be shipped into the EU but are subject to tariffs. Hence, why Jacob Rees-Mogg refers to cheaper food, clothing and footwear. We can lift these protectionist tariffs.



I guess you have to ask was this Baroness Thatcher’s vision as she pushed the single market agenda. The simple answer is no! Baroness Thatcher was an advocate of few regulations and envisaged a market as such. Since the introduction of the single market regulation has gone through the roof.

To be outside we can reduce the burden on business. But! We have to adhere to EU regulation if we are to sell into the EU. This could mean two types of manufacturing process. So why are we leaving? It's simple much of our business is outside of the EU. But currently today we have to adhere to all this regulation, this is a substantial burden on business. Look to our growth with the EU it has been a lack lustre event at best, since 2008 we have dropped from 55% down to 44% of our exports. Meanwhile, WTO countries have increased 27%.

On a point of note, UK exports between 1973 to 1992 grew sharply under the Common Market. Since joining the single market our exports to the EU have declined sharply.

The myth in all of this is the way it's portrayed.  There is a reverence paid to the single market. It's as if, ifwe are not inside we will not be able to trade. Therefore, we should be at least partly in, partly out, or even as though we should have access for parts of the week and not other parts. This is a myth! Everyone has access to the single market, whether it be India, USA or Indonesia.  All trade perfectly well inside the EU.  And, as I've said before they in fact trade better under WTO.


The EU Euro zone GDP is poorly performing and has done so since 2008. Its underperformance is significantly below that of the USA, Canada and the UK. Today it would appear they will slip into recession.

We must leave, and leave cleanly!

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