Saturday 10 March 2018

BREXIT GETS WORSE & WORSE - OR HAS THE TIDE TURNED

"Let's bankrupt Britain"  ENEMIES OF THE PEOPLE


9th July 2018 - Sadly - the LIB-DEM'S email isn't working. BREXITERS' Sabotage?  This is what I wrote in answer to their "Have your say. What should Parliament debate?" 

From: Noel Hodson <noel@noelhodson.com
Sent: 09 July 2018 08:53
To: 'Layla Moran - Liberal Democrats' <internalcomms@libdems.org.uk>
Subject: RE: Have your say


My say hasn’t changed. Its been confirmed by the business community. Parliament should debate – STOP BREXIT.
  1. The LEAVE campaign was lies – the result was only “advisory”.
  2. The LEAVE campaign had £12M paid for by Russia – who want to break up the EU
  3. Farage is a creature of Trump who wants to break up the EU
  4. The complaints of Brexiters can be addressed via our powerful EU membership and veto
  5. The majority of MPs want to Remain.
  6. The latest public polls are 54% in favour of Remain.
  7. Any EXIT will cost the UK 7M jobs (8% of GDP) and lose Scotland and Ireland

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2nd July 2018 YOU GOV POLL : 57% of UNITE members want a meaningful vote in Parliament

















Poll of Unite union members piles pressure on Corbyn | Politics | The ...
https://www.theguardian.com/politics/2018/.../unite-union-brexit-poll-corbyn-labour

2 days ago - The survey by YouGov, released before Unite's annual conference this ... The pressure on Corbyn and shadow Brexit secretary Kier Starmer ...

Unite members strongly support public vote on final Brexit deal, new ...

https://www.independent.co.uk › News › UK › UK Politics

2 days ago - According to the poll by YouGov, commissioned by the People's Vote campaign, 57 per cent of members said they backed a public vote on ...



18 April 2018 - Guardian Newspaper
Global Future finds Theresa May’s preferred bespoke deal would cost £615m a week
Study by Professor Jonathan Portes TOO HIGH A PRICE? THE COST OF BREXIT – WHAT THE PUBLIC THINKS  POSTED ON 18TH APRIL 2018 IN FULL REPORT


****

Professor Portes calculates that Mrs May's bespoke option will cost £40 billion a year - every year. That is £1,600 per year, per household. The NO DEAL option on WTO rules will cost us £3,200 a year per household. £81 billion every year.  My assessment is that these overly optimistic calculations assume "business as usual" with the rest of the world and the EU. 

But, I think that BREXIT will trigger a domino effect leading to a partial paralysis and collapse of all our UK markets, partners and investors. This is already apparent as banks, car makers, major public companies and thousands of SMEs and individuals rush to the exits and set up HQ in the EU. And the best foreign workers are rapidly quitting the UK. How many VIPs do you know who have already applied for EU passports? 

BREXIT will isolate and bankrupt Britain. Businesses cannot spurn 50% of their nearest (wealthy) customers in Europe and hope that distant Commonwealth countries will compensate. I think our "Empire" and our "Special Relationships" will stand back, stop all trade and investment and wait to see what deal we have with the EU. If you are more optimistic, perhaps you should poll our Marketing Directors about the extra investment and time-frame to make up the lost ground. 

It is deeply unfortunate that Mrs May's sociopathic Home Office "hostile environment" to brutally eject 60,000 black and brown UK legal Commonwealth citizens who have lived here for 60+ years, has hit the headlines this week as the Commonwealth Leaders assemble in London. Mrs May invented the cruel policy when she was Home Secretary. What chance for "good trade deals" now? 

BREXIT, based on obvious lies, is driven by a handful - about 0.5% - of utterly selfish UK VIPs who are financially offshore (e.g. ALL UK media owners (Guardian excepted), 100 BBC "self-employed"  execs, hundreds of celebrities, ALL non-doms, most of the super-rich, many politicos, and many thousands of tax-haven SME business owners, as in the Panama Papers etc - aided by Cambridge Analytica and Russia). All are desperate to escape the EU legal net that is slowly and reluctantly closing down tax-evasion - pressed by The Tax Justice Network and by Eurodad.

The horror they share, of having to reveal their offshore assets and pay tax is driving BREXIT. The foul murder of Maltese reporter Daphne Caruana Galizia shows how utterly determined such evaders are to hide and keep their dirty-money secrets. America is gripped by the same disease - Trump brags "I'm smart. I don't pay tax." Nor will he give the UK a favourable deal. As long as these VIPs continue to fund and force BREXIT as "The Will of the People" - the UK is well and truly f*****. And we will lose Scotland and Ireland to become the Disunited Bankrupt Kingdom. STOP BREXIT NOW!


Daphne Caruana Galizia: Journalist who exposed corruption in Malta ...


https://www.independent.co.uk › News › Obituaries

20 Oct 2017 - Galizia's work on the explosive tax-evasion case prompted website Politico to call her a 'one-woman Wikileaks' Reuters. Daphne Caruana Galizia, who was killed by a car bomb this week, was a leading investigative journalist in Malta celebrated for her dedication to exposing corruption.


****

10th April 2018 - Thank you for the copy HM Gov. briefing economic forecasts of BREXIT

I have been waiting for these to include in my analysis. I am still waiting for the 57 Sector Analyses that were promised by David Davis to Parliament in November 2017. These will indicate which sectors of our businesses will thrive or die. These forecasts are very, very complicated, with too many variables to compute confidently and accurately – even with my 30 years’ experience. This is my stab at it, before I received the HM Gov. figures:
CONCLUSION - Brexit will cost 7 million UK jobs

However, In the government’s model, most professional forecasters (Page 17) agree that a no-deal or World-Trade-Organisation-Tariff deal (WTO) results in an 8% fall in our Gross Domestic Product (GDP). The World Bank calculates (Page 27) a 55% drop in our EU trade. An 8% drop in our annual £2.7 trillion GDP is disastrous. Losing 55% of EU trade will bankrupt the nation.

30-Jan-18
BREXIT lost Jobs
 £         2,700,000,000,000
 UK GDP
 £            216,000,000,000
8%
£                               31,000
 Average wage
6,967,742
So, jobs lost
Say 7 million jobs.
makes sense
******
The diverse news items my forecasts rely on are here:

THE ECONOMICS OF BREXIT


The economic news has got much worse since. The grim government forecasts look optimistic by comparison with today’s reality.

What BREXIT does, simply, is it cancels all our global export trade agreements since WW2, on 70,000 trade goods and financial & professional services. After the BREXIT date, we have to negotiate or reaffirm new terms on every export to every region on Earth. It is on these exports that recipient nations – under WTO rules – will probably charge tariffs as our goods and services cross their borders. WTO tariffs (Customs and excise taxes) range from 4% to 47%.

E.g. Trump has just announced an example of a tariff, of 25% on steel imported into the USA. We sell specialised steel items to America so our sales-export men and women will have to work very much harder to maintain sales. As a rule of thumb in commerce – we will lose sales equivalent to the increased tariff (i.e. 25% down). As a major player in the EU we have/had all such tariffs agreed (frictionless trade). The importing region keeps the tariffs-income and reduces foreign competition; it is win-win for them.

BREXITERS believe that we will make a deal with the EU that mirrors current terms. They also believe that we will hugely increase sales – even with WTO tariffs applied by the importing regions – to the emerging fast-growing economies, such as India, China, South America and Africa. The snag is that they are growing from deep impoverishment, with ballooning populations (many of whom would like to move to the prosperous West). My guess is that we already sell what we can to these nations – and sales growth will be hard won. Brexiters also believe that other OECD (Organisation for Economic Development) rich nations, such as Canada, will buy more of our goods. My guess is that ALL foreign importers will wait to see what deal we do with Europe before committing themselves to the UK. We do not grow our GDP at the fast rate of these poor nations – because we have already grown. We only increase a little year by year, from a very rich base.

The third major element is that we will have the FREEDOM to import goods including food, from around the world – and NOT apply any import tariffs; thus reducing our costs on imports. This could be a boon – depending on the quality of the imports. Sadly, due to Brexit, sterling has already slumped 20% and is forecast to fall another 10% in March 2019 when we quit Europe. So, the fall in sterling is an automatic tariff on everything we buy to import – which will total about 30%. Alternatively, the UK can cut imports and supply its own goods. Dig for Victory ! Jeremy Corbyn will publish an OU course on maximising your Citizen’s allotments.

We are embarked on this fatal, suicidal course because Nigel Farage and most media lobbied for it. The sensible thing to do is NOTHING. Make no changes. If it works don’t fix it. STOP BREXIT NOW.  If the EU needs reform, reform it from within.

I will attempt to include HM Government’s forecasts in my calculations. The end is nigh.

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