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UK in the EU. Japan warning!
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deludedFree Member
Japan and Cars?
Viz top tip – ENJOY the sophisticated ambience of a sushi bar by strapping some peeled fish fingers to a Scalextric car.
ninfanFree MemberI think they would argue this is what you are doing and you would have to renegotiate to join their club. they hold more of the cards than you do
I doubt they will say yes take your 12 billions euros from us but still have all the advantages of still being a member of our club.
Can you really see that happening?Well, according to Wee Eck, thats exactly whats going to happen when they leave this union – banking, nato etc.
If non-EU England made difficulties over being used as a transport corridor, there are ports in Scotland – direct to the main market.
athgrayFree MemberIt is not the EU’s finest hour Ernie, but there is a difference between the EU calling in the administrators on Greece and someone like Nicolae Ceausescu.
teamhurtmoreFree MemberWhy would the Japanese say anything other than that? They have invested successfully in the UK, they have skilled workforces etc. A change in the status quo would bring uncertainty and the threat of tariffs etc. Against that you have the advantages of locating in the UK with all the efficiencies associate with the strong performance of UK-based production and suppliers – so hardly an easy choice.
Plus they will be equally worried that a major market like the EU is terminally screwed if it remains in its current format*. The Euro area does not, and never has, satisfied the criteria for an optumum currency area. As such, it cannot survive as it is. Of course, the can will continue to be kicked down the road and some efforts will be made to make the those that need to take budget responsibility (the PIIGS etc) and those that need to take fiscal responsibility (Germany) to act accordingly. This will fail though for the simple reason is that the relevant populations will not support the required moves. That is unless, democracy is to be crushed. So ultimately, the Euro area will split, most likely into multiple smaller blocks that may or may not tie their currencies to each other in smaller blocks that do satisfy OCA criteria. The only question is when (doubters have a look at recent trends in Portugal, Italy and Greece.) That is a far bigger headache for the Japanese than whether we stay in the EU.
The longer this takes the greater the nightmare for the Japanese. Why would they relocated investment into Europe when labour costs would be uncompetitive and labour markets inflexible? That would be folly. Like most MNCs they would relocate production to rel. low coast areas were labour markets are flexible. Or they might take the model of RR (aerospace not cars) and share production between UK and Asia.
The UK is a relative success story in autos – we now have a trade surplus in cars, overseas investment continues to target the UK and our prestige brands are notably successful. Compare that to France…..
* the scariest bit in the latest UK car production data was the continued weak demand from Europe. No guessing where the Japanese are focusing their primary concerns then?
teamhurtmoreFree MemberIn related news, tomorrow’s FT will publish news of increased inward investment by Tata in Jaguar’s new entry level sedan to compete directly with the European manufacturers.
So not all bad news, eh?
cbikeFree Memberninfan – Member
“It’s ok, they can move their factories to Scotland.”
Good luck reaching your customers with all road and rail links through England, and only a coastal defence force of a navy
Why would we need to send stuff through England? If non-EU England made difficulties over being used as a transport corridor, there are ports in Scotland – direct to the main market.And with nae sea ice we get even closer to japan and the states, with our deep water ports that some boats unload at so they can actually get to europe.
thisisnotaspoonFree MemberI hear Detroit is not on its knees anymore despite it being dead for years whilst they figured out what to do
Maybe my irony detector is malfunctioning, or have you really missed the news this week? Almost 2/3rds of it’s populations moved out and the City’s just filed for bankrupcy!
NorthwindFull Membernotmyrealname – Member
Has their been any positive EU stories worth telling?
Tonnes. They’re just not much fun, EU-bashing sells more papers. I was just riding at that EU-funded Innerleithen today…
ninfan – Member
Good luck reaching your customers with all road and rail links through England, and only a coastal defence force of a navy
Eh, how many road links do you think the UK has to continental Europe? Only 3% of the UK’s freight exports travel by eurotunnel.
On the other hand, 17% of the UK’s freight exports leave Scottish ports, which is obviously a disproportionately high number (very nearly 3 times as much per head as England) Which suggests that the rump UK will end up exporting goods via scotland, even more good news!
athgrayFree MemberNorthwind. I don’t want to re-open differences of opinion we have on another union on this thread, however don’t lose sight of where the vast bulk Scotland’s trade is currently done.
epicycloFull Memberathgray – Member
Northwind. I don’t want to re-open differences of opinion we have on another union on this thread, however don’t lose sight of where the vast bulk Scotland’s trade is currently done.Aye, but we’re flexible.
If you don’t want our stuff, we’ll sell it in the really big market next door that you’ve just abandoned.
ernie_lynchFree MemberI was just riding at that EU-funded Innerleithen today…
The UK contributes more to the EU budget than it receives in EU funding.
So suggesting that something is funded through the generosity of the EU is deeply misleading.
teamhurtmoreFree MemberEpicyclo, why would we abandon the big market next door and vice versa? That would be stupid.
NorthwindFull Memberathgray – Member
Northwind. I don’t want to re-open differences of opinion we have on another union on this thread, however don’t lose sight of where the vast bulk Scotland’s trade is currently done.
And would continue to be done- nobody really believes that would change surely? Simply not in either Scotland or the RUK or England’s interests… Though we’ll probably stop sending you prime ministers.
ernie_lynch – Member
So suggesting that something is funded through the generosity of the EU is deeply misleading.
Well, yes and no. Things are done with “EU money” that probably wouldn’t be done with UK money. Though I am fully aware of what a weak argument that is 😉
But what’s harder to quantify is the benefit the UK gains from the single market, because here we get into the territory of the economists, which is to say, made up bullshit… So we can pick economists who say that the benefit per annum is £92bn, much more than the deficit, though obviously, other economists with different made up bullshit are available.
Though obviously, it’s a bit Edinburgh defencey to point out that I didn’t go with the “Makes us billions of quid” argument earlier, in favour of a silly biking related one…
ernie_lynchFree MemberEpicyclo, why would we abandon the big market next door and vice versa? That would be stupid.
Because to the pro-EU lobby it’s all or nothing. The possibility of an independent sovereign state freely trading on the global market doesn’t exist.
ninfanFree MemberAnd with nae sea ice we get even closer to japan and the states, with our deep water ports that some boats unload at so they can actually get to europe.
17% of the UK’s freight exports leave Scottish ports
As I’ve already pointed out, you’ve announced that you will only have a coastal/littoral defence force, and in addition you won’t be able to join NATO (since you refuse to host nuclear weapons)
so you can’t protect your sea lanes – in fact, since you’ve announced that you’re planning to host your naval forces at Faslane, you can’t even protect your oil rigs!
nice one lads!
NorthwindFull Memberninfan – Member
in addition you won’t be able to join NATO (since you refuse to host nuclear weapons
Well, I suppose this enormous lie is no less credible than the suggestion that the RUK would suddenly stop trading with Scotland…
NorthwindFull MemberWhat part of that article do you think supports you, out of curiosity? When will NATO be throwing out Denmark and Norway?
aracerFree MemberBut what’s harder to quantify is the benefit the UK gains from the single market, because here we get into the territory of the economists, which is to say, made up bullshit… So we can pick economists who say that the benefit per annum is £92bn, much more than the deficit, though obviously, other economists with different made up bullshit are available.
Though I think most economists would agree on the relative change if you combine the current UK gains from the single market and the current net contribution to the EU and compare with similar figures for if we leave the EU (little change to the former, a vast reduction in the latter).
aracerFree MemberWhat part of that article do you think supports your lie (sic), out of curiosity?
Maybe it’s this bit?
Lord Robertson, the former Nato secretary general and Labour defence secretary, said : “Does the SNP accept this unambiguous acceptance of the nuclear umbrella? I supervised the entry of seven new members to Nato in 2002 and every one of them had to accept the strategic concept. If the SNP cannot accept the Nato strategic concept then it will simply not get in.”
epicycloFull Memberteamhurtmore – Member
Epicyclo, why would we abandon the big market next door and vice versa? That would be stupid.Well it’s not me who’s saying England should get out of the EU, but leaving the EU is removing a lot of the market for your goods surely?
ninfan – Member
As I’ve already pointed out, you’ve announced that you will only have a coastal/littoral defence force, and in addition you won’t be able to join NATO (since you refuse to host nuclear weapons)so you can’t protect your sea lanes – in fact, since you’ve announced that you’re planning to host your naval forces at Faslane, you can’t even protect your oil rigs!
nice one lads!
Has NATO given you a private briefing on their intentions? AFAIK they are not making any commitments until after independence is gained. And is it not news recently that the MoD are questioning the value of a nuclear deterrent to the UK anyway? If you’re right the UK will be out of NATO too in that case.
Who are we protecting our sea lanes against? We will have a navy appropriate to that – one we can afford, not a flash one with aircraft carriers and no planes to put on them. War mongering is bankrupting the UK as it is – there’s no colonies left to exploit for taxes to pay for it. Oh, and by the way, small navies can be effective, didn’t Iceland with its miniscule navy win the Cod wars against the might of the Royal Navy?
NorthwindFull Memberaracer, that bit doesn’t support the claim at all- as you know I’m sure, you’re not daft. It is not necessary to be a nuclear power to be in NATO, there are already non-nuclear members, and pro-disarmament members.
aracerFree MemberHave you actually read that article, Northwind, or even just the bit I quoted? Yes most of the countries in NATO are not nuclear powers, but all new entries have to accept the strategic nuclear concept – something
ScotlandSalmond appears unwilling to do.ninfanFree MemberIt is not necessary to be a nuclear power to be in NATO,
But it is necessary to allow the deployment of nuclear weapons on your soil in time of war, and to host ships and aircraft armed with them at all times.
aracerFree Memberleaving the EU is removing a lot of the market for your goods surely?
What gives you the impression that leaving the EU makes any difference to who we’ll sell stuff to?
NorthwindFull Memberaracer – Member
Have you actually read that article, Northwind, or even just the bit I quoted? Yes most of the countries in NATO are not nuclear powers, but all new entries have to accept the strategic nuclear concept – something Scotland Salmond appears unwilling to do.
Alex Salmond is on the record that an independent scotland would use the exact approach of Denmark with regard to visiting vessels and craft. Those pesky facts eh? To be fair it’s not always easy to distinguish between comments on Scottish nuclear disarmament and international policy, it’s possible to misunderstand or misrepresent a “trident out” comment as a “no nukes ever”
But Salmond is not Scotland. Does the Yes campaign say they would refuse to allow NATO nuclear weapons in Scotland or in Scotland’s waters? Also no.
Still, I do like NINfan’s idea that only NATO could stop the RUK from acts of piracy against shipping. I think our main international export market- America- might not be that happy about it tbh. Or that other thing, what’s it called again… Oh yeah, the United Nations.
epicycloFull Memberaracer – Member
“leaving the EU is removing a lot of the market for your goods surely?”
What gives you the impression that leaving the EU makes any difference to who we’ll sell stuff to?As I recall that was the reason we went into it, to increase the market for our goods, so the reverse applies surely? Or were we told porkies back then?
ninfanFree MemberThose pesky facts eh?
“An independent Scotland would not have possession of or allow nuclear weapons in Scottish territory.”
“The SNP proposal would be to write that into the constitution of the state, so that would make the possession of nuclear weapons illegal in Scotland.”
ernie_lynchFree MemberAs I recall that was the reason we went into it, to increase the market for our goods, so the reverse applies surely? Or were we told porkies back then?
We went into the EU because all the countries in the EEC automatically became members after the Maastricht Treaty. And we had joined the EEC because a Tory government took us into it, this was later confirmed by the British electorate through a referendum. Those are ‘the reasons we went into it’.
teamhurtmoreFree MemberNo epicyclo, leaving the EU (if that were to ever happen) is not the same as removing a large part of the market. International trade does not work like that at all. Examine Swiss-EU trade as a basic example. To suggests that it is, is either scaremongering or misunderstanding. The framework for UK-EU trade would change for sure, but that is a totally different idea. Why would either party seek to destroy their trading links?
epicycloFull Memberteamhurtmore – Member
…Why would either party seek to destroy their trading links?I don’t know, but that’s what it looks like to me.
However, extracting the UK from the EU to preserve sovereignty also has some attraction to me, and if it can be done without wrecking the economy, then why stay?
Try as I might, I find it difficult to understand the politics of the EU because there’s no way I can have enough information on all the various states. I’m sure I’m not the only one.
binnersFull MemberJust take one look at the swivel-eyed loons and fruit-loops of the far right of the Tory Party, and UKIP. The ones advocating withdrawal from the EU. Do you seriously think, for a single second, that these people, who seem to be living on another planet, should be dictating this countries economic policy?
I think being in the EU but outside the (frankly bonkers) Euro, is pretty much the perfect position to be in.
teamhurtmoreFree Memberbinners – Member
Do you seriously think, for a single second, that these people, who seem to be living on another planet, should be dictating this countries economic policy?Good question – if polls are to be believed then more people believe that these guys are correct than otherwise! So on that basis, and if we believe in democracy, then perhaps the answer is yes?
Fortunately, and perhaps more importantly IMO, the polls also show even greater support for CMD idea of staying in a “reformed EU”.
But frankly, what “we want to do” is a complete red-herring. Far more important is what do the europeans within the Euro-area want to do themselves. Until that is decided, the rest of the debate is merely hypothetical since we have no idea what it is we will be/may be voting for.
ormondroydFree MemberThe UK contributes more to the EU budget than it receives in EU funding.
You’ve summed up the horrible narrowly economic attitude that always buggers things up in the UK.
Our return on investment on EU costs is not just direct funding.
ormondroydFree MemberI’d need to consider leaving the UK if we leave the EU. I work in a global company as a European point of contact for the European market. Would be a good excuse to move near some French mountains I guess.
wreckerFree MemberJust let them have their little referendum then fix the results.
Job jobbed.teamhurtmoreFree MemberIsn’t that what normally happens ? Or the alternative, we will keep voting until you silly people put a x against the correct (sic) answer….
ohnohesbackFree MemberSo we should take advice from a nation whos’ bubble economy imploded twenty years ago, and who’s latest solution is to create another QE bubble?…
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