Brexit is an idiotic mistake - calendar week 13 summary - THE FINAL ONE

Next week it’ll have been one year that I’ve been doing these weekly updates. From their humble beginnings (my first thread only had four news items) to the massive posts of the last weeks, one thing stayed the same: Quitters never had an answer. Often they exposed their utter economic illiteracy by desperately pointing towards everything getting better once Britain is finally out of the EU (when clearly everything will get even worse, with Britain being the isolated minnow without any leverage that it is), sometimes they cited anecdotal, irrelevant, cynical stories of how their careers and finances are thriving, most of the time it was just arrogant, nationalist hubris or plain xenophobia - but they never had an answer to the cold, hard facts that prove how Brexit is royally ****ing Britain and its inhabitants. There is nothing left to prove for me. Bexiteers have suffered a humiliating defeat. Not at my hands - but at the hands of the facts.

As I am climbing the corporate ladder and will soon take on a new role with a larger team and greater responsibilities leading to less spare time that I’d rather spend with my wife and on my many hobbies, I have decided to call it a year and make this my last Bexit update.

Enjoy this one final, beautiful potpourri of news showing how Brits of all walks of life are, or soon will be, permanently worse off than people of equal intelligence, education, qualification, and work ethic on the continent for absolutely no other reason than some uneducated nationalists and xenophobes having had phantom pains of the empire. Truly sad.

EU referendum won through fraud, whistleblower tells MPs
https://www.theguardian.com/uk-news/2018/mar/27/brexit-groups-had-common-plan-to-avoid-election-spending-laws-says-wylie

Household spending hit six-year low in 2017 amid Brexit inflation
Statistics office figures show UK had lowest growth among G7 economies
https://www.theguardian.com/business/2018/mar/29/household-spending-hit-six-year-low-in-2017-amid-brexit-inflation

Brexit delivers longer blow to bank sentiment than global financial crisis, survey shows
https://www.independent.co.uk/news/business/news/brexit-bank-sentiment-global-financial-crisis-cbi-pwc-a8273781.html

Britain's FTSE heads for worst quarter since 2011
https://uk.reuters.com/article/britain-stocks/britains-ftse-heads-for-worst-quarter-since-2011-idUKL8N1RB1JE

A 'clean Brexit' could be the worst catastrophe to hit Britain for years
https://www.telegraph.co.uk/politics/2018/03/30/clean-brexit-could-worst-catastrophe-hit-britain-years/

Britain ‘GIVES IN’: EU secures UK concessions and offers ‘LITTLE IN RETURN
https://www.express.co.uk/news/uk/939891/brexit-news-eu-secures-uk-concessions-david-davis-shanker-singham

UBS: 12% of European businesses plan on 'pulling all of their capacity' out of the UK
http://www.businessinsider.fr/us/brexit-impact-eurozone-businesses-ubs-2018-3

Sterling falls as dollar rebounds, UK retail sales show weakness
https://www.reuters.com/article/uk-britain-sterling-close/sterling-falls-as-dollar-rebounds-uk-retail-sales-show-weakness-idUSKBN1H414Z

Brexit Half Time Sees Pound Shunned by Europe's Biggest Funds
https://www.bloomberg.com/news/articles/2018-03-29/pound-finds-few-friends-among-europe-s-funds-at-brexit-half-time

Britain will 'give up control' when we leave EU next year, says expert
https://uk.finance.yahoo.com/news/britain-will-give-control-brexit-takes-effect-next-year-says-expert-131635989.html

City of London's top policeman warns Brexit will leave Britain 'on the back seats' of intelligence sharing
http://www.businessinsider.fr/us/brexit-will-put-uk-on-back-seats-of-intel-sharing-say-london-police-2018-3’

1 in 5 UK manufacturing jobs at risk because of Brexit: study
Almost two-thirds of manufacturing companies say they would have to raise prices to offset foreign currency costs.
https://www.politico.eu/article/brexit-manufacturing-job-losses-chartered-institute-procurement-supply-cips/

Number of cars built in UK falls for seventh month in a row
https://www.theguardian.com/business/2018/mar/29/number-cars-built-in-uk-falls-production

The UK may be excluded from the Galileo satellite program due to Brexit
https://www.verdict.co.uk/britain-may-be-excluded-from-the-galileo-satellite-program-due-to-brexit/

Hard Brexit jeopardises UK's £4 billion architecture industry
https://www.consultancy.uk/news/16437/hard-brexit-jeopardises-uks-4-billion-architecture-industry

James O'Brien Blasts Jacob Rees-Mogg For Spreading Brexit Lies
http://www.lbc.co.uk/radio/presenters/james-obrien/blasts-jacob-rees-mogg-for-spreading-brexit-lies/

Brexit may bring new invasive species to UK risking economic damage, say experts
https://www.independent.co.uk/environment/brexit-invasive-species-grey-squirrel-japanese-knotweed-uk-economy-a8276196.html

Brexit: return of roaming charges to cost business travellers £778 a month
http://www.theweek.co.uk/brexit/92133/brexit-return-of-roaming-charges-to-cost-business-travellers-778-a-month

Brexit is a threat to human rights, say campaigners
https://www.theparliamentmagazine.eu/articles/news/brexit-threat-human-rights-say-campaigners

Brexit Will Make Life Worse For Women & Here's The Proof
https://www.refinery29.uk/2018/03/194806/brexit-women-impact

UK companies and residents will be stripped of .EU domains after Brexit
https://www.theverge.com/2018/3/30/17179282/eu-uk-domain-name-tld-brexit-revoked

Now Brexit could ruin Netflix for Brits travelling to Europe who want to keep watching
https://www.mirror.co.uk/news/politics/now-brexit-could-ruin-netflix-12269938

Opinion:

The UK overestimates its diplomatic clout – post-Brexit, it will be a small player on the international stage
https://www.independent.co.uk/voices/brexit-foreign-policy-diplomacy-russia-small-player-a8278411.html

Trump and Brexit Are Symptoms of the Same Failure to Reckon With Racism
https://www.thenation.com/article/trump-and-brexit-are-symptoms-of-the-same-failure-to-reckon-with-racism/

BeLeave revelations taint the Brexit result. There must be another vote
https://www.theguardian.com/commentisfree/2018/mar/27/beleave-revelations-taint-brexit-result-shahmir-sanni-disclosure-funds

Brexit Britain, beware: the supply of Europeans is drying up
https://www.theguardian.com/commentisfree/2018/mar/27/brexit-britain-beware-europeans-migration-report-uk

Scroll to see replies

Reply 1

DrSocSciences

Ok. You could do with listening to BBC Radio 4's item yesterday, on humiliation, and the way in which the Brexit debate is so staunchly fought, as it is essentially a matter of identity.

(edited 6 years ago)

Reply 2

Davij038

I for one will miss OP’s Cool, Unambiguous, No-nonsense and Tough analysis

Reply 3

Archon9

Damn, only reason I come back to TSR every week is for these threads...

I salute you.

It's only right that Blair, Clarke, Soubry, Umunna and all the other bitter losers knew his threads were futile :wink:

Reply 6

Johnny English

The only slight disappointment to this and previous admissions is that it is all pretty pointless as brexit is going ahead regardless and we can once again rule over our own affairs and stick two fingers up to the EU beaurocrats .

Tough Shi*

Reply 7

GenialGermanGent

Original post by Johnny English

If those things are worth being permanently poorer, isolated, and the laughing stock of the develop world to you - congrats, you have achieved your goal!

Economically illiterate Little Englanders really are the best.

Reply 8

Johnny English

Better than Germans with big egos and mounting debts ...

Good luck ...you and France now have the EU debtors all on your own shoulders so youd better cobble together more of those Kraut cars that no one will want to buy anymore ....😕😄

Reply 9

StuartyBudd

Original post by DrSocSciences

Ok. You could do with listening to BBC Radio 4's item yesterday, on humiliation, and the way in which the Brexit debate is so staunchly fought, as it is essentially a matter of identity.

The BBC and especially Radio4 do not have a clue about Brexit.

There are a lot of #RemainerNow people who did vote for Brexit and have changed their minds, mostly it seems to to lies.

There is the hardcore pro Brexit and remain. Most people are in the middle or soft pro or remain Brexit.

Reply 10

GenialGermanGent

Original post by Johnny English

Better than Germans with big egos and mounting debts ...

German public debt falling faster than expected - Spiegel
https://www.reuters.com/article/us-germany-economy/german-public-debt-falling-faster-than-expected-spiegel-idUSKBN1HE0IG

Original post by Johnny English

Good luck ...you and France now have the EU debtors all on your own shoulders so youd better cobble together more of those Kraut cars that no one will want to buy anymore ....😕😄

You mean "that permanently poorer Brits cannot afford anymore"? :laugh:

Enjoy buying cars made by the famous British-owned car industry... oh wait, you have none.

The EU's and Germany's finances will be just fine now that we don't have to subsidise the poor, underdeveloped, chav-filled, Leave-voting regions of Britain anymore. The EU's economy is thriving after all - very much unlike Britain's, the slowest growing developed economy in the world, and a global laughing stock!

Reply 11

stonefish

In answer to the OP ,no Brexit isn't an idiotic mistake,it's the best decision this country ever made .Cant wait to be rid of the EU ,that is if it lets us go ,it reminds me of a black hole .My only concern is the strength of our Govt in negotiating , but then much of it has been concerning the transition period so far and it's the final arrangement that is really important.

Reply 12

shawn_o1

Things like Asean show that you can have free trade without free movement. The EU is only ever going to be a Union of European Socialist Republics, OP cannot deny that :wink:

Reply 13

bigstu99

Original post by GenialGermanGent

The EU's and Germany's finances will be just fine now that we don't have to subsidise the poor, underdeveloped, chav-filled, Leave-voting regions of Britain anymore. The EU's economy is thriving after all - very much unlike Britain's, the slowest growing developed economy in the world, and a global laughing stock!

LOL you clearly don't know what you are talking about

"Subsidise underdeveloped chav filled leave voting regions of Britain" More like subsidise failing EU economies like Greece, Bulgaria, Romania, Lithuania, Latvia, Estonia, Slovenia, Slovakia etc.

UK is the second largest net contributor to the EU.

You are just another fool who ignores all the facts which are contrary to what you wish to be true.

Reply 14

GenialGermanGent

Original post by bigstu99

Failing, eh?

The Baltic States are booming, Bulgaria is growing at 4% (WELL outperforming Britain), Slovenia and Slovakia show positive GDP growth trends that Brexit Britain can only dream of... you know, just because you've never been to these countries (and never will in your life, as a good Little Englander) doesn't mean they are 'failing'.
And of course it is part of the deal that stronger EU countries support weaker ones for mutual benefit, a concept arrogant, cynical, and self-centered Britain never understood, part of the reason why you lot were utterly isolated in Brussels and are getting humiliated in the negotiations day-in-day-out now.

Original post by bigstu99

UK is the second largest net contributor to the EU.

Yup, but with the strong economic growth that the continent is experiencing (much unlike Britain), it'll be no problem to compensate for Britain's contribution across the 27. You're also conveniently ignoring that you lot might need to keep paying handy sums to keep access to the single market, without which your laughable economy would pretty much collapse. Aaaaand there'll be a high double-digit billions divorce bill lining Brussels pockets.

Original post by bigstu99

You are just another fool who ignores all the facts which are contrary to what you wish to be true.

... and you are just another fool who doesn't know the facts to begin with. Go back to playing with Lego, kid.

Reply 15

Bio 7

Original post by GenialGermanGent

... and you are just another fool who doesn't know the facts to begin with. Go back to playing with Lego, kid.

When you resort to pathetic remarks to belittle people your argument starts to look weak. Try having a civil discussion without snide remarks.

Reply 16

GenialGermanGent

Original post by Bio 7

When you resort to pathetic remarks to belittle people your argument starts to look weak. Try having a civil discussion without snide remarks.

...only that they don't. Quitters cannot rebut them and have no response. My abrasive debating style takes away nothing from my valid, superior arguments that expose Brexiteers as the nationalist, economically illiterate knucke-draggers that they are.

Reply 17

bigstu99

Original post by GenialGermanGent

Failing, eh?

The Baltic States are booming, Bulgaria is growing at 4% (WELL outperforming Britain), Slovenia and Slovakia show positive GDP growth trends that Brexit Britain can only dream of.

Lived in Other EU member states through my youth, just goes to show how idiotic your assumptions are.
You make ridiculous straw man arguments about brexit voters because you are sore about the result.

"Well outperforming Britain" LOL do you in your delusional bubble think Greece is doing great also?
Just because you've been there on holiday doesn't mean it's economy is doing well, fool.

The UK is the 5th largest nation ( According to the IMF, World Bank and United nations) With a GDP of 2,647,898 US$MM
Bulgaria is in 78-80th place with a GDP of 52,395 US$MM

This means the UK GDP is roughly 50.54 times the the size of Bulgaria.

Original post by GenialGermanGent

Failing, eh?
Yup, but with the strong economic growth that the continent is experiencing (much unlike Britain), it'll be no problem to compensate for Britain's contribution across the 27. You're also conveniently ignoring that you lot might need to keep paying handy sums to keep access to the single market, without which your laughable economy would pretty much collapse. Aaaaand there'll be a high double-digit billions divorce bill lining Brussels pockets.
... and you are just another fool who doesn't know the facts to begin with. Go back to playing with Lego, kid.

LOL this shows that you don't know basic facts. Being out of the single market means the UK will be free from the EU's backwards protectionist tariffs on trade outside the EU.

The EU especially would be suffer much more than the UK if it decided not to give free market access to the UK.

The EU GDP as it stands is
16,332,631 US$MM (according to the united nations) or 16,397,980 US$MM (according to the world bank)

Which means given the UK's GDP, when the UK leaves the EU, The EU will lose 16.38% or 16.31% of its GDP (based on the gdp figures from the United Nations and World Bank respectively)

Are you seriously suggesting the UK will lose anywhere near the same amount from it's economy? If so you are either deluded, a fool, or both.

LOL look at you desperate arguments talking about 4% growth in Bulgaria LOL Bulgaria accounts for 0.32% of the EU's GDP and is 50.54 times smaller than the UK GDP,
yet you want to talk about growth in Bulgaria Rather than the EU losing 16.38% of its GDP when the UK leaves LOL.

Like I said, you ignore the important facts because they don't support your argument at all.
Go back to playing with teddy bears lol, Lego is probably too complex for you, fool.

(edited 5 years ago)

Reply 18

GenialGermanGent

Original post by bigstu99

Why would I be sore about it? I'm just gloating as I am not even British - but of course you couldn't tell that from my user name or my signature. Do your homework, kid, you're just embarrassing yourself over and over here.

Original post by bigstu99

"Well outperforming Britain" LOL do you in your delusional bubble think Greece is doing great also?
Just because you've been there on holiday doesn't mean it's economy is doing well, fool.

Did I say that Greece was outperforming Britain? Learn to read, dimwit.

That being said, they do have much, much stronger growth rates than Britain recently. You lot should really talk to the Greeks, that knowledge of how to re-build a collapsed economy will come in very handy post-Brexit.

Original post by bigstu99

The UK is the 5th largest nation ( According to the IMF, World Bank and United nations) With a GDP of 2,647,898 US$MM
Bulgaria is in 78-80th place with a GDP of 52,395 US$MM

This means the UK GDP is roughly 50.54 times the the size of Bulgaria.

Ok. So what? How does that support any of your arguments or refute any of mine? You must be utterly desperate to distract from your weak, uninformed positions if you need to post irrelevant points like this.

Did I compare the size of Britain's and Bulgaria's economies? No. I compared growth rates. Now, to the intellectually challenged that might seem the same, but it's not. Do some reading and come back when you understand the basic concepts.

Original post by bigstu99

LOL this shows that you don't know basic facts. Being out of the single market means the UK will be free from the EU's backwards protectionist tariffs on trade outside the EU.

Who will Britain do trade with outside the EU? You lot don't make anything people want. Rolls-Royce is your biggest, internationally competitive industrial corporation - what a joke!

The US? Trump will laugh in your face, he needs wins, you lot will be an easy one. You'll get a *****y trade deal.

China? You minnows don't matter to them. You'll get a *****y trade deal.

Your former colonies? They'll love to get back at you for decades of exploitation and genocides. And they're pissed off at you for talking to China. You'll get a *****y trade deal.

Original post by bigstu99

The EU especially would be suffer much more than the UK if it decided not to give free market access to the UK.

Would be suffer? Everyone here can see you have not the slightest clue about economics, but can't you at least write correct English?

I'd say you seem to conveniently ignore the fact that the UK is much more reliant on trade with the EU than the other way around, but then your pathetic, economically illiterate arguments suggest that you're just not educated enough to know this.

Original post by bigstu99

The EU GDP as it stands is
16,332,631 US$MM (according to the united nations) or 16,397,980 US$MM (according to the world bank)

Which means given the UK's GDP, when the UK leaves the EU, The EU will lose 16.38% or 16.31% of its GDP (based on the gdp figures from the United Nations and World Bank respectively)

Are you seriously suggesting the UK will lose anywhere near the same amount from it's economy? If so you are either deluded, a fool, or both.

Wow. You are seriously stupid. That's not how economics work, fool. The UK doesn't pay its entire GDP to the EU in fees, nor are the fees directly proportional the GDP.

Not a single expert in his right mind is denying that the UK will heavily suffer from Brexit, much more than the EU, which has accelerating growth. I know, the Daily Mail, the Express, Nigel Farage and Boris Johnson have told you differently, but they're targeting uneducated, gullible mouth-breathers exactly like you, so that's not a surprise.

Original post by bigstu99

LOL look at you desperate arguments talking about 4% growth in Bulgaria LOL Bulgaria accounts for 0.32% of the EU's GDP and is 50.54 times smaller than the UK GDP,
yet you want to talk about growth in Bulgaria Rather than the EU losing 16.38% of its GDP when the UK leaves LOL.

Strange that you single out Bulgaria. Didn't I list a whole host of countries which are all growing solidly, some rapidly, most of them faster than the UK, which you previously -incorrectly of course- named as problem childs, exposing your utter ignorance once again?

And again, you are showing your lack of intelligence by focusing on Britain's GDP that the EU would 'lose'. Again, that's not how it works. Get an education, seriously.

Original post by bigstu99

Like I said, you ignore the important facts because they don't support your argument at all.
Go back to playing with teddy bears lol, Lego is probably too complex for you, fool.

... says the mouth-breather who can't make a single correct economic argument and does nothing but utterly embarrass himself with his spectacular ignorance. Do you even have a Masters degree, let alone high-profile work experience? Exactly, so STFU, and let the grown-ups do the talking.