Re: @ Dan 55
"So you was being dimissive of the idea that just turning up in say China and selling widgets is not going to happen straight away."
"Trade deals sort tariffs, companies will have to do the rest themselves."
Agreed. That is why I am pretty dismissive of the power and influence of the EU and their daft demands.
"To say that it's actually quite a complex processess in any country, I was using China as an example because thats was where the conversation was."
Thats fine. But still it doesnt change the situation. We are not overnight stop trading with the EU nor be some pariah in the world where we cant trade with them either.
"start looking at expanding into other regional markets is that there is a lead time, it's not short"
Yup. And businesses that are so EU centric they are useless outside of it will likely retreat within its borders assuming they can survive there. The rest will do some kind of mix of moving to the EU or possibly setting up an office there to get around the EU's threats (like the banks have done). Adaptation takes time but the remain argument seemed to forget that until it was convenient.
"I would disagree on the manufacturing arguement though, with a reduced pound the price of materials to manufacture goes up, so increasing the BOM, that cost has to be absorbed somewhere."
While we are in the EU yes. But then instead of importing it brings opportunities to manufacture here
(this is the time lag we discussed in this comment). It makes exports cheaper. A good example is to look at the currency manipulation of Greece and Germany. Same currency but it is too strong for Greece and too weak for Germany. The proof is in what would happen should they leave the euro and stand by themselves. Greece would devalue and quick, but just as quick Germany would have a much stronger currency
"working within and trying to change it might have"
The EU had no interest in that. France was very happy to support illegal migration in their attempt to get here. Germany caused a migration issue into Germany affecting some EU countries and then made it an EU problem.
"for a start we also lose a lot if we take away free movement"
Not at all. Labour already admitted their failure on this and it was a serious miscalculation. We interestingly get a lot of non-EU people coming into our NHS. Why would we ban useful people from the world and why would we give special treatment to the EU?
"Likewise there are plenty of brits in the EU who are going to suffer"
That shows how friendly the EU is if they do that. How is appeasing the EU a good thing in this case?
"Also by dropping it we could lose the trade rights which I guess takes us back to the top again. :)"
It is nice to talk to someone who also sees humour in this. I do enjoy reading your posts on the reg