Boris Johnson wins contest to be United Kingdom’s new prime minister

Toyota and Nissan are moving back to Japan, because Japan has a free trade agreement with the EU.
A Brexit UK is not needed any more, adios.
The banking sector, without the passport agreement, has to move all its Euro business to the EU, they have been doing it for over a year, same for the Insurance business, they have to be located within the EU to do business with or in the EU.

 

I have a sneaking suspicion the UK would come unglued. Boris will have to get some sort of deal to sell Parliament. The SNP are licking their chops over another chance to take Scotland out of the UK, and I have a difficult time imagining a border between Ireland and Northern Ireland. Will the UK just be England and Wales?

Yes, it will. If there's a hard Brexit, my next UK visit will be lots cheaper as the Pound Sterling heads down. Nice for me, not so nice for 60m Brits.

 

I'm inclined to agree with you and I think Corbyn's extremism has a lot to do with that incompetence. I can't help but believe a more moderate Labour leader would have been more successful, as well.

 

But then they are leaving not because of Brexit, but because they got their own free trade agreement.
And if Japan can do that with free trade agreement then why can’t the U.K.?
You contradict yourself.

 

https://www.irishtimes.com/news/ire...n-demand-simplifies-varadkar-s-task-1.3967679

Irish leader on the news talking about ways to stop a no deal Brexit include;

• UK Revoking Article 50 (canceling Brexit).
• Another extension from the EU.
• UK Parliament ratifying the backstop deal.

Nobody can accuse Ireland of being competent if they think any of the above are going to happen! - Ireland it seems have no idea of what's going on.

 

I thought you taught economics. What you just wrote here would earn you an F in an Econ class.
A drop in currency value will result in better exports, which would actually help Britain weather the Brexit. If it’s a managed decrease this could be done fairly painlessly.

 

You are saying right here that they are moving back to Japan due to new free trade agreement, and yet blame Brexit. You just contradicted yourself again. Is critical thinking becoming absolute these days?

A country that created Hong Kong on a rock will manage just fine.

You are fear mongering.

 

When will the EU patience reach an end, especially with a lot of southern European eyes watching what happens with the UK? I don't see the UK getting more than Canada+ unless the Brits are willing to take the straightjacket that goes with a customs union.

 

I still can't believe Boris Johnson is the Prime Minister.

 

No if the UK would stay, it would be worth investing, save the transportation cost, take a look at the map. 200 miles vs 20,000 miles. The UK leaving and having a free trade agreement makes the UK uninteresting.

Air Buss, the UK is not a market, it was only interesting as a production stand point. The US and China they are prime markets, you produce in them, you lower cost, its basic one 0 one business.

Come on, please, I feel like your educator in economics and business and what is going on about Brexit. Why don't you educate yourself before spouting.

 

But since they have to sell in Euro or Dollar, their junk money would be worthless, meaning a loss, nobody would want a worthless pound.
Just a lesson in economics 101.
Do you like Mexican Pesos, or Quetzal ?

 

Devaluation is no great joy when it means you end up with a reduced standard-of-living. Wage earners are particularly hard hit.

How low would you like the Pound Sterling to go?

 

Southern and Easter European eyes watching, everybody watching. Can you role the EU ?
Lets not forget all the international trade wars going on.
The EU knows it can not flinch, its not just Brexit, its the US, China and so on.
You flinch in the game of the big ones, you get taken to the cleaners. Brexit is a show case for every one in the world, how the EU can deal with something like that.
It negotiate a deal and I bet you it will make a stand, Boris will come home empty handed.

 

And chief among these self inflicting wounds was nationalizing the economy.

 

They forgot to mention Adolf Hitler and Racists, otherwise it could be any US MSM outlet. The BBC likely won't forget.

 

Very painful if you're a worker trying to hold on in the UK auto industry.

Mark Carney, Governor of the Bank of England, is very much aware as a Canadian how difficult it is to negotiate good trade deals even when your have preferred access to a treasure of raw materials for leverage.

 

There was nothing else they could do. The state of The UK economy was so bad and getting worse, that the only, desperate move, have the government take over, was the least solution.

 

That wasn't the case at all. Other countries were also devastated by the war but became economic powerhouses without nationalizing the economy the way the UK did. I hope Johnson governs in the fashion of the Iron Lady.

Sometimes countries are lucky enough to get the right leader at the right time, like Churchill and Thatcher in the UK and Trump and Reagan in the US. Perhaps it will be the same with Johnson.

 

Those trade deals are very complicated, they do not just include the trade basics, but the differences of the countries laws and regulations, traditions and so on.
It needs some serious experts to do those.
Well for 40 years the EU has done that for the UK, they just do not have those experts any more on their payroll. If British they are on the EU payroll.
A estimate done by the UK, it needs to hire around 10,000 very qualified professionals, to manage the services the EU provided.
The problem is, there was no need for those people in the UK, so it does not have them.

 

Especially after Trump in the U.S.

 

Sorry, but you do not get it.
The EU formed, and the UK was outside, had the last remnants of its empire crumbling, a out of date industry, while the early EU countries were building a huge market, which allowed their industries to get modern, with a huge market.
The UK was a stand alone small European country and could not keep up with the competition and tried to save its ars, by taking over each company that failed.
By joining the EU it was able to revitalize its economy and sell the companies, get them of government dole and its workers.

 

Any backup for all of your claims? Especially compared to other European countries?

 

Similar polls suggested a majority of all Brits wanted to stay in the EU.

 

How dare you to put those 2 low lives on the same level as Ronald Reagan.
Just unbelievable.

 

I know I am your teacher, but sometimes pupils have to do their own research.

look it up student.