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Brexit OUT of EU: What happens now?

Headline from the Euobresver​

"INTERVIEW​

Why populism appeals to less brainy EU voters

24. NOV, 15:20
People who voted for Brexit tended to be less clever, research shows, in findings that also shed light on the appeal of EU populists, such as Dutch politician Geert Wilders, who won elections this week."

And the research from University of Bath.... well worth the read; a quick lift from the Abstract:
'We find that a one standard deviation increase in cognitive ability, all else being equal, increases the likelihood of a Remain vote by 9.7%.'

full article:


You wouldn't have to do a test for Trump / Republican supporters to know the results,
You two quasi snobs, what a hoot. :roflmao:


No different to here really boys, the elites have a different take on things than the blue collar working class, as it should be, they don't lead the same lives.
It ain't rocket science.

Woollahra is one of those super intelligent, $hit doesn't stink suburbs, isn't it? They had a very high yes vote for the voice.

Woollahra Council is committed to reconciliation and building greater understanding and respect among all people who live, work in and visit Woollahra. As part of this commitment, on 27 March Council resolved to support the Voice to Parliament (the Yes Vote) and the Uluru Statement from the Heart.

Then in the next breath NIMBY kicks in OMG:

Plans to allow sports such as netball and pickleball to use tennis courts in Sydney’s eastern suburbs have been dumped after residents claimed it would attract children and generate noise.
Woollahra Municipal Council will hold a new tender process to find an operator for the Cooper Park tennis courts in Woollahra following strong opposition to a proposal to share the facility with other sports.

But the prospect of lines being drawn on the tennis courts for other sports prompted a backlash, with one resident claiming “rambunctious sports would not befit this space”.

Another resident said: “these activities would be noisy and would disrupt the tranquil country atmosphere of Cooper Park”.
Opponents also claimed playing on a court with multiple sets of lines for different sports would be “cumbersome and confusing”.
Other residents said multi-use courts are “likely to attract children, who are characteristically enthusiastic and noisy” and turn the tennis courts into “a quasi-daycare centre during school holidays”.

🥳 🥳 🥳 🥳 🥳 🥳 🥳

Just keep kidding yourselves boys.
 
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By the way Woollahra had a very high yes for the voice, so these are obviously a great beacon of intelligence and humanity, that we should all aspire to emulate, according to you two. ;)
Woollahra, with a taxable income of $212,881, 66.5 per cent of voters voted Yes.

But in their back yard, the inclusiveness seems somewhat missing:
IMO it sounds like:
Just keep the noisy kids from playing on our personal public open space, the noisy little $hits.
If we wanted to live with the unwashed noisy masses, we would go out where they live wouldn't we? :roflmao:


Woollahra councillor Harriet Price said she did not like the term NIMBY but some submissions opposing the plan for multi-use courts suggested “a sense of ownership when in fact the courts are public facilities”.
 
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By the way Woollahra voted yes for the voice, so these are obviously a great beacon of intelligence and humanity, that we should all aspire to emulate, according to you two. ;)
Woollahra, with a taxable income of $212,881, 66.5 per cent of voters voted Yes.

But in their back yard, the inclusiveness seems somewhat missing:
IMO it sounds like:
Just keep the noisy kids from playing on our personal public open space, the noisy little $hits.
If we wanted to live with the unwashed noisy masses, we would go out where they live wouldn't we? :roflmao:


Woollahra councillor Harriet Price said she did not like the term NIMBY but some submissions opposing the plan for multi-use courts suggested “a sense of ownership when in fact the courts are public facilities”.

Maybe they could hold boomerang throwing lessons at the tennis courts :roflmao:
 
You wouldn't have to do a test for Trump / Republican supporters to know the results,
Wait... he literally has the whole country trying to take him down and they still can't do it. I'd argue those idiots doing the studies are leaning a certain direction. No doubt trying to influence dumb people into thinking they are part of the "educated" for voting left.


Trump has the entire "educated" masses against him and he's still standing and close to being president again. Seems like those "smarties" are a lot more stupid than I originally thought.
 
Wait... he literally has the whole country trying to take him down and they still can't do it. I'd argue those idiots doing the studies are leaning a certain direction. No doubt trying to influence dumb people into thinking they are part of the "educated" for voting left.


Trump has the entire "educated" masses against him and he's still standing and close to being president again. Seems like those "smarties" are a lot more stupid than I originally thought.

Having sex with and then paying off a pr0n star or two just after your wife gave birth would sink anyone yet he has massive following from the evangelical right.

Yeah it's all pretty crazy would Trump get a look in at all anywhere else?

OK Argentina doesn't count, politics in the US has always been nuts but the amount of support for Trump is out there backed up by the increase of nut cases in Republican federal politics, some of the long termers (20 years plus) have never raised a single bill in the house and are totally against government but keep turning up with their hand out.

I find the whole thing really scary looking at the US future and not a good time from Australia's point with a rising China.
 
I wonder if Australia will follow suite. :rolleyes:


London: Britain has vowed to slash its annual migrant intake in half by making it harder for employers to hire overseas staff, axing spousal visas and foreign student intakes amid a growing backlash to record high immigration numbers.

Home Secretary James Cleverly announced a five-point plan to curb immigration on Tuesday (AEDT) in an attempt to cut it by 300,000 people a year. That would almost halve current net migration levels, which hit 672,000 in the year to June, according to official data. Net migration is the difference in the number of people entering and leaving the country.

KEY POINTS​

  • The plan comes after net migration had soared to a record 745,000 last year.
  • About 300,000 people who were eligible to come to the UK last year would not be able to do so in future.
  • The minimum salary for skilled overseas workers is £38,700 ($73,837).
  • Foreign health and care workers will be banned from bringing family dependants to the UK.
 
I wonder if Australia will follow suite. :rolleyes:


London: Britain has vowed to slash its annual migrant intake in half by making it harder for employers to hire overseas staff, axing spousal visas and foreign student intakes amid a growing backlash to record high immigration numbers.

Home Secretary James Cleverly announced a five-point plan to curb immigration on Tuesday (AEDT) in an attempt to cut it by 300,000 people a year. That would almost halve current net migration levels, which hit 672,000 in the year to June, according to official data. Net migration is the difference in the number of people entering and leaving the country.

KEY POINTS​

  • The plan comes after net migration had soared to a record 745,000 last year.
  • About 300,000 people who were eligible to come to the UK last year would not be able to do so in future.
  • The minimum salary for skilled overseas workers is £38,700 ($73,837).
  • Foreign health and care workers will be banned from bringing family dependants to the UK.
I'll believe it when I see it.
 
I wonder if Australia will follow suite. :rolleyes:


London: Britain has vowed to slash its annual migrant intake in half by making it harder for employers to hire overseas staff, axing spousal visas and foreign student intakes amid a growing backlash to record high immigration numbers.

Home Secretary James Cleverly announced a five-point plan to curb immigration on Tuesday (AEDT) in an attempt to cut it by 300,000 people a year. That would almost halve current net migration levels, which hit 672,000 in the year to June, according to official data. Net migration is the difference in the number of people entering and leaving the country.

KEY POINTS​

  • The plan comes after net migration had soared to a record 745,000 last year.
  • About 300,000 people who were eligible to come to the UK last year would not be able to do so in future.
  • The minimum salary for skilled overseas workers is £38,700 ($73,837).
  • Foreign health and care workers will be banned from bringing family dependants to the UK.
I have heard yes.
 
From the OBR, Office for Budget Responsiblity November 2023 outlook.

'they also downgraded the impact of Britain’s membership of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) which could add just £1.8bn to the UK’s GDP in the “long run”.

The OBR said: “if we take the long run to be 15 years after joining, this equates to around 0.04% of GDP” meaning we would need 100 CPTPP deals to match the 4% of GDP lost over the same time period due to Brexit.'





This forecast is a 50% reduction to Pacific region business with Britian from 2 years ago.
In fairness The attached article gives one upside to Brexit......and puts forward fourteen negatives...
 
From the OBR, Office for Budget Responsiblity November 2023 outlook.

'they also downgraded the impact of Britain’s membership of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) which could add just £1.8bn to the UK’s GDP in the “long run”.

The OBR said: “if we take the long run to be 15 years after joining, this equates to around 0.04% of GDP” meaning we would need 100 CPTPP deals to match the 4% of GDP lost over the same time period due to Brexit.'



This forecast is a 50% reduction to Pacific region business with Britian from 2 years ago.
In fairness The attached article gives one upside to Brexit......and puts forward fourteen negatives...

Good read. 2%. Good stat.

If you read my earlier posts I was neutral towards Brexit. I knew they would take some hits but their leaving would be good for Australia.

The UK would have greater autonomy to control immigration and illegals and would have the opportunity to become more dynamic in their economy and in the long term they would do OK.

I have been wrong so far. They don’t appear to be taking advantage of the financial flexibility. The greater autonomy has only allowed them to do dumb things like letting Liz Truss wreck their financial systems further with Libertarian policies.
They are in a far worse situation than I envisaged.

Now most UK citizens think it was a mistake and want to return to the EU.
I can't see the EU letting them back. The UK was always a thorn in their side, wanting to keep their currency and often clashing with other member states.

25 years ago they were a powerhouse economy and so the other countries needed them. Today ...not so much.
 
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Now most UK citizens think it was a mistake and want to return to the EU.
I can't see the EU letting them back. The UK was always a thorn in their side, wanting to keep their currency and often clashing with other member states.
I don't see many boats heading from the UK to the EU, funny that. 🤔

I wonder if everyone in the U.K worries about us, as much as we worry about them. :roflmao:

I mean we were not long back 80p to the dollar, now we are about 50p to the dollar, our suicide rate is higher than theirs apparently and we criticise them under the auspices of concern. :rolleyes:
Probably helps us with our eternal smugness and national inferiority complex, let's be honest, I don't think we are a bastion of success. :whistling:
 
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I don't see many boats heading from the UK to the EU, funny that. 🤔

I wonder if everyone in the U.K worries about us, as much as we worry about them. :roflmao:

I mean we were not long back 80p to the dollar, now we are about 50p to the dollar, our suicide rate is higher than theirs apparently and we criticise them under the auspices of concern. :rolleyes:
Probably helps us with our eternal smugness and national inferiority complex, let's be honest, I don't think we are a bastion of success. :whistling:
I don't think you read what I wrote or you meant to quote someone else.
 
Out on you tube ,5 days ago " The Poorest Town in Britain ".
Grimsby .
Don't want to be poor in a cold hole , like that .
You don't want to poor in most cold holes of the World, at least Grimsby has a social security system. ;)


 
Widespread reporting last week on a Goldman Sachs report showing Britain has underperformed since Brexit.

From MSN:
Nearly six years after the UK voted to leave the European Union, a detailed study by Goldman Sachs has shed light on the economic ramifications of Brexit, revealing a nation grappling with trade declines, investment slumps, and labor market challenges. The influential investment bank’s analysis indicates that Britain’s economy is considerably worse off than it would have been within the EU, a stance contrasted by government claims of economic benefits derived from Brexit.

The Goldman Sachs report suggests that the UK’s Gross Domestic Product (GDP) could be up to 5% smaller than if the country had remained in the EU. This disparity arises from an amalgam of factors attributed to Brexit, including a slump in trade and investment, as well as an upheaval in the labor market due to altered migration flows. The bank’s chief European economist, Sven Jari Stehn, noted that while UK’s GDP per capita has increased just 4% since the Brexit referendum, compared to an 8% increase in the eurozone and a 15% increase in the U.S., UK consumer prices have also surged by 31%, compared to smaller rises in the U.S. and the eurozone.

Trade has particularly underperformed, with Goldman Sachs estimating that UK goods trade has lagged behind other advanced economies by around 15% since the vote to leave. Furthermore, business investment has also faltered, falling “notably short” of pre-referendum levels. The inflow of immigrants from the EU, once a significant contributor to the UK workforce, has plummeted, with the labor pool now predominantly comprised of a less economically active cohort of non-EU migrants, primarily students.

The study acknowledges the complexity of isolating the economic impact of Brexit from other concurrent global events, such as the Covid-19 pandemic and the energy crisis of 2022. Even the government, while advocating for the economic merits of Brexit, recognizes the headwinds faced, citing a potential £100 billion investment unlocked over the next decade through the repeal of EU financial services law.

Despite these challenges, the UK government remains steadfast in its assertion of the positive growth prospects post-Brexit. The government remains optimistic about Brexit, asserting that it has positively impacted the economy. Kemi Badenoch, the Business and Trade Secretary, recently shared a series of purported Brexit advantages on Twitter. She said that “since 2016, we’ve grown faster than Germany, Italy, and Japan” and claimed that UK exports are up. She added: “The reality is Brexit is a strategy for the next few decades. We’re only four years in and it is going well. Of course there are challenges, but we are working through them.”

Yet, the Goldman Sachs study suggests that the cost of living has escalated disproportionately in the UK since the Brexit vote, which, coupled with the economic underperformance, paints a less optimistic picture. While some analysts argue that the impacts cited by Goldman Sachs may be overstated, with other factors such as Covid and the energy crisis playing significant roles, there is consensus on the apparent economic gap that has emerged since Brexit.
 
Widespread reporting last week on a Goldman Sachs report showing Britain has underperformed since Brexit.
It is certainly going to be interesting to watch how it unfolds, the ramifications of the energy crisis caused by the Russian gas curtailment must be having an effect over recent times also.
I wonder if down the track, the U.K will re apply to join the EU, with the benefit of hindsight, I would guess the negotiations as to conditions would be much more circumspect by both sides.
 
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